Oak Asset Management is an investment fund managing more than $273 billion ran by Thomas Robertson. There are currently 99 companies in Mr. Robertson’s portfolio. The largest investments include Apple Inc and AMGEN, together worth $52.5 billion.
As of 5th July 2024, Oak Asset Management’s top holding is 155,313 shares of Apple Inc currently worth over $32.7 billion and making up 12.0% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Oak Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 63,465 shares of AMGEN worth $19.8 billion, whose value grew 6.1% in the past six months.
The third-largest holding is Chevron worth $13 billion and the next is Qualcomm worth $12.7 billion, with 64,012 shares owned.
Currently, Oak Asset Management's portfolio is worth at least $273 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Oak Asset Management office and employees reside in Westlake Village, California. According to the last 13-F report filed with the SEC, Thomas Robertson serves as the Chief Compliance Officer at Oak Asset Management.
In the most recent 13F filing, Oak Asset Management revealed that it had opened a new position in
Genuine Parts Co and bought 7,017 shares worth $971 million.
This means they effectively own approximately 0.1% of the company.
Genuine Parts Co makes up
2.1%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by 19.6% in the past year.
The investment fund also strengthened its position in Apple Inc by buying
1,195 additional shares.
This makes their stake in Apple Inc total 155,313 shares worth $32.7 billion.
Apple Inc soared 19.9% in the past year.
On the other hand, there are companies that Oak Asset Management is getting rid of from its portfolio.
Oak Asset Management closed its position in Alibaba Group Hldg Ltd on 12th July 2024.
It sold the previously owned 4,610 shares for $357 million.
Thomas Robertson also disclosed a decreased stake in AMGEN by approximately 0.1%.
This leaves the value of the investment at $19.8 billion and 63,465 shares.
The two most similar investment funds to Oak Asset Management are Aikya Investment Management Ltd and Arista Wealth Management. They manage $273 billion and $273 billion respectively.
Oak Asset Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Health Care — making up 18.3% of
the total portfolio value.
The fund focuses on investments in the United States as
57.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
58% of the total holdings value.
On the other hand, small-cap stocks make up only 1.0% of the portfolio.
The average market cap of the portfolio companies is close to $237 billion.
These positions were updated on July 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Apple Inc |
0.78%
155,313
|
$32,712,083,000 | 11.98% |
| AMGEN Inc. |
0.37%
63,465
|
$19,829,503,000 | 7.26% |
| Chevron Corp. |
5.87%
82,879
|
$12,963,933,000 | 4.75% |
| Qualcomm, Inc. |
1.22%
64,012
|
$12,749,896,000 | 4.67% |
| NVIDIA Corp |
843.39%
97,480
|
$12,042,679,000 | 4.41% |
| RTX Corp |
13.25%
74,863
|
$7,515,528,000 | 2.75% |
| Abbvie Inc |
6.26%
41,217
|
$7,069,540,000 | 2.59% |
| Stryker Corp. |
1.11%
18,687
|
$6,358,291,000 | 2.33% |
| Fedex Corp |
0.21%
20,679
|
$6,200,391,000 | 2.27% |
| Fastenal Co. |
0.55%
97,678
|
$6,138,086,000 | 2.25% |
| Oracle Corp. |
0.32%
38,675
|
$5,460,910,000 | 2.00% |
| CVS Health Corp |
4.35%
84,672
|
$5,000,747,000 | 1.83% |
| Lowes Cos Inc |
0.37%
22,172
|
$4,888,039,000 | 1.79% |
| Mcdonalds Corp |
0.40%
18,780
|
$4,785,768,000 | 1.75% |
| Microsoft Corporation |
0.60%
9,891
|
$4,420,782,000 | 1.62% |
| Visa Inc |
0.21%
16,806
|
$4,411,071,000 | 1.62% |
| Constellation Brands Inc |
2.74%
17,042
|
$4,384,566,000 | 1.61% |
| Intel Corp. |
5.00%
140,223
|
$4,342,717,000 | 1.59% |
| Intercontinental Exchange In |
0.49%
28,411
|
$3,889,182,000 | 1.42% |
| Jpmorgan Chase Co. |
0.45%
18,924
|
$3,827,467,000 | 1.40% |
| Johnson Johnson |
0.92%
25,819
|
$3,773,705,000 | 1.38% |
| Costco Whsl Corp New |
0.53%
4,396
|
$3,736,556,000 | 1.37% |
| Intuitive Surgical Inc |
3.39%
7,985
|
$3,552,127,000 | 1.30% |
| Target Corp |
0.27%
23,771
|
$3,519,059,000 | 1.29% |
| Pepsico Inc |
1.44%
20,388
|
$3,362,593,000 | 1.23% |
| Home Depot, Inc. |
0.44%
9,641
|
$3,318,818,000 | 1.22% |
| Procter And Gamble Co |
0.98%
19,656
|
$3,241,722,000 | 1.19% |
| Comcast Corp New |
3.19%
79,953
|
$3,130,959,000 | 1.15% |
| Medtronic Plc |
2.86%
38,800
|
$3,053,948,000 | 1.12% |
| Amazon.com Inc. |
4.06%
14,180
|
$2,740,285,000 | 1.00% |
| Norfolk Southn Corp |
5.72%
12,612
|
$2,707,670,000 | 0.99% |
| American Tower Corp. |
14.46%
13,742
|
$2,671,170,000 | 0.98% |
| Verizon Communications Inc |
2.55%
62,287
|
$2,568,710,000 | 0.94% |
| Ishares Tr |
19.44%
55,257
|
$3,193,243,000 | 1.17% |
| Microchip Technology, Inc. |
0.07%
27,144
|
$2,483,676,000 | 0.91% |
| Expeditors Intl Wash Inc |
6.28%
19,386
|
$2,419,179,000 | 0.89% |
| Unitedhealth Group Inc |
0.41%
4,614
|
$2,349,726,000 | 0.86% |
| Church Dwight Co Inc |
12.94%
21,516
|
$2,230,779,000 | 0.82% |
| Caterpillar Inc. |
2.01%
6,570
|
$2,188,467,000 | 0.80% |
| Alphabet Inc |
5.74%
20,870
|
$3,813,307,000 | 1.40% |
| Cisco Sys Inc |
0.69%
43,707
|
$2,076,520,000 | 0.76% |
| Price T Rowe Group Inc |
2.75%
16,983
|
$1,958,310,000 | 0.72% |
| Exxon Mobil Corp. |
0.91%
16,854
|
$1,940,232,000 | 0.71% |
| Waste Mgmt Inc Del |
No change
8,802
|
$1,877,819,000 | 0.69% |
| Regeneron Pharmaceuticals, Inc. |
4.03%
1,785
|
$1,876,089,000 | 0.69% |
| Morgan Stanley |
1.91%
17,593
|
$1,709,864,000 | 0.63% |
| Cintas Corporation |
No change
2,269
|
$1,588,890,000 | 0.58% |
| Starbucks Corp. |
0.48%
20,144
|
$1,568,210,000 | 0.57% |
| Nike, Inc. |
0.61%
20,661
|
$1,557,220,000 | 0.57% |
| Illinois Tool Wks Inc |
3.68%
6,178
|
$1,463,939,000 | 0.54% |
| Aflac Inc. |
1.47%
14,737
|
$1,316,161,000 | 0.48% |
| Meta Platforms Inc |
0.41%
2,456
|
$1,238,364,000 | 0.45% |
| Digital Rlty Tr Inc |
2.11%
7,074
|
$1,075,602,000 | 0.39% |
| Abbott Labs |
0.25%
10,038
|
$1,043,049,000 | 0.38% |
| Cencora Inc. |
5.71%
4,545
|
$1,023,989,000 | 0.37% |
| Genuine Parts Co. |
Opened
7,017
|
$970,591,000 | 0.36% |
| Booking Holdings Inc |
1.21%
245
|
$970,568,000 | 0.36% |
| Walmart Inc |
200.00%
13,893
|
$940,695,000 | 0.34% |
| International Business Machs |
0.11%
5,252
|
$908,293,000 | 0.33% |
| Lockheed Martin Corp. |
Opened
1,817
|
$848,721,000 | 0.31% |
| American Express Co. |
No change
3,580
|
$828,949,000 | 0.30% |
| Automatic Data Processing In |
22.22%
3,245
|
$774,549,000 | 0.28% |
| Berkshire Hathaway Inc. |
0.16%
1,840
|
$748,512,000 | 0.27% |
| Goldman Sachs Group, Inc. |
No change
1,645
|
$744,066,000 | 0.27% |
| Science Applications Intl Co |
No change
5,925
|
$696,484,000 | 0.26% |
| Pfizer Inc. |
36.82%
23,815
|
$666,344,000 | 0.24% |
| Pnc Finl Svcs Group Inc |
No change
4,106
|
$638,401,000 | 0.23% |
| NextEra Energy Inc |
14.20%
7,924
|
$561,098,000 | 0.21% |
| Toll Brothers Inc. |
No change
4,600
|
$529,828,000 | 0.19% |
| Netflix Inc. |
No change
785
|
$529,781,000 | 0.19% |
| Att Inc |
6.72%
27,364
|
$522,926,000 | 0.19% |
| Disney Walt Co |
20.60%
5,238
|
$520,104,000 | 0.19% |
| Merck Co Inc |
No change
4,045
|
$500,771,000 | 0.18% |
| Dominos Pizza Inc |
1.70%
896
|
$462,632,000 | 0.17% |
| Bank America Corp |
No change
11,352
|
$451,469,000 | 0.17% |
| Vanguard Specialized Funds |
No change
2,471
|
$451,131,000 | 0.17% |
| Adobe Inc |
2.44%
799
|
$443,876,000 | 0.16% |
| Coca-Cola Co |
0.06%
6,204
|
$394,885,000 | 0.14% |
| Atmos Energy Corp. |
0.78%
3,210
|
$374,447,000 | 0.14% |
| Spdr Sp 500 Etf Tr |
1.50%
675
|
$367,349,000 | 0.13% |
| Alibaba Group Hldg Ltd |
Closed
4,610
|
$357,321,000 | |
| Edwards Lifesciences Corp |
12.16%
3,699
|
$341,677,000 | 0.13% |
| Vanguard Index Fds |
No change
1,361
|
$339,733,000 | 0.12% |
| Tesla Inc |
No change
1,679
|
$332,241,000 | 0.12% |
| V F Corp |
Closed
17,130
|
$322,044,000 | |
| Spdr Ser Tr |
27.07%
2,425
|
$308,412,000 | 0.11% |
| Equity Residential |
No change
4,359
|
$302,253,000 | 0.11% |
| Fortune Brands Innovations I |
No change
4,488
|
$291,451,000 | 0.11% |
| Parker-Hannifin Corp. |
No change
573
|
$289,829,000 | 0.11% |
| Valero Energy Corp. |
2.70%
1,799
|
$282,011,000 | 0.10% |
| Union Pac Corp |
0.25%
1,174
|
$265,629,000 | 0.10% |
| Sempra |
2.86%
3,400
|
$258,604,000 | 0.09% |
| Norwegian Cruise Line Hldg L |
No change
13,700
|
$257,423,000 | 0.09% |
| Cummins Inc. |
No change
901
|
$249,514,000 | 0.09% |
| Barrick Gold Corp. |
53.38%
14,850
|
$247,698,000 | 0.09% |
| United Parcel Service, Inc. |
8.46%
1,786
|
$244,414,000 | 0.09% |
| Ishares Tr |
Opened
1,766
|
$225,130,000 | 0.08% |
| CDW Corp |
No change
1,005
|
$224,959,000 | 0.08% |
| PayPal Holdings Inc |
Closed
3,649
|
$224,085,000 | |
| Lululemon Athletica inc. |
Closed
434
|
$221,900,000 | |
| Vanguard Index Fds |
Closed
2,423
|
$214,096,000 | |
| Edison Intl |
2.04%
2,974
|
$213,563,000 | 0.08% |
| Vanguard Index Fds |
Opened
551
|
$206,080,000 | 0.08% |
| Sharecare Inc |
No change
21,976
|
$29,668,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 104 holdings | |||