Epiq Partners 13F annual report
Epiq Partners is an investment fund managing more than $148 billion ran by Ben Frey. There are currently 64 companies in Mr. Frey’s portfolio. The largest investments include Hormel Foods and Ishares Tr, together worth $38.3 billion.
$148 billion Assets Under Management (AUM)
As of 3rd July 2024, Epiq Partners’s top holding is 407,675 shares of Hormel Foods currently worth over $12.4 billion and making up 8.4% of the portfolio value.
Relative to the number of outstanding shares of Hormel Foods, Epiq Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 130,951 shares of Ishares Tr worth $25.9 billion.
The third-largest holding is Janus Detroit Str Tr worth $12 billion and the next is Alphabet Inc worth $6.44 billion, with 35,360 shares owned.
Currently, Epiq Partners's portfolio is worth at least $148 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.
Careers at Epiq Partners
The Epiq Partners office and employees reside in Minneapolis, Minnesota. According to the last 13-F report filed with the SEC, Ben Frey serves as the Partner, CCO & COO at Epiq Partners.
Recent trades
In the most recent 13F filing, Epiq Partners revealed that it had opened a new position in
Alphabet Inc and bought 1,184 shares worth $217 million.
This means they effectively own approximately 0.1% of the company.
Alphabet Inc makes up
2.2%
of the fund's Technology sector allocation and has grown its share price by 62.3% in the past year.
The investment fund also strengthened its position in Ishares Tr by buying
8,621 additional shares.
This makes their stake in Ishares Tr total 130,951 shares worth $25.9 billion.
On the other hand, there are companies that Epiq Partners is getting rid of from its portfolio.
Epiq Partners closed its position in Norfolk Southn Corp on 10th July 2024.
It sold the previously owned 900 shares for $229 million.
Ben Frey also disclosed a decreased stake in Alphabet Inc by approximately 0.1%.
This leaves the value of the investment at $6.44 billion and 35,360 shares.
One of the smallest hedge funds
The two most similar investment funds to Epiq Partners are Evergreen Wealth Management and Blue Door Asset Management. They manage $148 billion and $148 billion respectively.
Ben Frey investment strategy
Epiq Partners’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Consumer Staples — making up 10.2% of
the total portfolio value.
The fund focuses on investments in the United States as
51.6% 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
47% of the total holdings value.
On the other hand, small-cap stocks make up only 4.7% of the portfolio.
The average market cap of the portfolio companies is close to $289 billion.
The complete list of Epiq Partners trades based on 13F SEC filings
These positions were updated on July 10th 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 |
|---|---|---|---|
| Hormel Foods Corp. |
No change
407,675
|
$12,430,011,000 | 8.41% |
| Ishares Tr |
7.05%
130,951
|
$25,919,987,000 | 17.54% |
| Janus Detroit Str Tr |
2.81%
240,305
|
$11,997,189,000 | 8.12% |
| Alphabet Inc |
0.44%
35,360
|
$6,440,824,000 | 4.36% |
| Huntington Bancshares, Inc. |
No change
461,550
|
$6,083,229,000 | 4.12% |
| Fs Kkr Cap Corp |
8.27%
241,551
|
$4,765,795,000 | 3.23% |
| Berkshire Hathaway Inc. |
0.14%
10,630
|
$4,324,284,000 | 2.93% |
| Blue Owl Capital Corporation |
1.03%
270,810
|
$4,159,642,000 | 2.82% |
| Innovator ETFs Trust |
5.39%
82,184
|
$3,911,054,000 | 2.65% |
| Ecolab, Inc. |
No change
15,900
|
$3,784,200,000 | 2.56% |
| Ishares Bitcoin Tr |
1.29%
105,302
|
$3,595,010,000 | 2.43% |
| Pure Cycle Corp. |
0.64%
371,965
|
$3,552,266,000 | 2.40% |
| Apple Inc |
3.19%
16,635
|
$3,503,664,000 | 2.37% |
| American Tower Corp. |
14.00%
17,951
|
$3,489,315,000 | 2.36% |
| Northern Oil & Gas Inc |
1.10%
86,772
|
$3,225,315,000 | 2.18% |
| Brookfield Corp |
1.78%
77,230
|
$3,208,134,000 | 2.17% |
| Grayscale Bitcoin Tr Btc |
0.42%
59,000
|
$3,141,160,000 | 2.13% |
| Aercap Holdings Nv |
0.18%
33,605
|
$3,131,986,000 | 2.12% |
| Johnson & Johnson |
6.47%
21,124
|
$3,087,488,000 | 2.09% |
| Spdr S&p 500 Etf Tr |
3.29%
5,524
|
$3,006,271,000 | 2.03% |
| Albemarle Corp. |
2.42%
26,867
|
$2,566,336,000 | 1.74% |
| Brookfield Infrast Partners |
1.39%
65,837
|
$1,806,567,000 | 1.22% |
| Sunopta, Inc. |
10.32%
325,955
|
$1,760,157,000 | 1.19% |
| Granite Pt Mtg Tr Inc |
2.32%
591,825
|
$1,757,720,000 | 1.19% |
| Brookfield Renewable Partner |
3.28%
70,728
|
$1,751,933,000 | 1.19% |
| NextEra Energy Inc |
No change
24,000
|
$1,699,440,000 | 1.15% |
| Xcel Energy Inc. |
0.69%
28,871
|
$1,541,995,000 | 1.04% |
| Microsoft Corporation |
No change
3,124
|
$1,396,086,000 | 0.94% |
| Exxon Mobil Corp. |
No change
11,584
|
$1,333,550,000 | 0.90% |
| Special Opportunities Fd Inc |
27.04%
87,134
|
$1,139,713,000 | 0.77% |
| Medtronic Plc |
No change
13,453
|
$1,058,886,000 | 0.72% |
| Unitedhealth Group Inc |
No change
2,000
|
$1,018,520,000 | 0.69% |
| Chubb Limited |
No change
3,714
|
$947,367,000 | 0.64% |
| Conmed Corp. |
17.23%
13,610
|
$943,445,000 | 0.64% |
| Meta Platforms Inc |
3.68%
1,570
|
$791,625,000 | 0.54% |
| Invesco Exchange Traded Fd T |
0.17%
4,249
|
$698,026,000 | 0.47% |
| Enterprise Prods Partners L |
No change
21,860
|
$633,503,000 | 0.43% |
| Abbvie Inc |
1.81%
3,685
|
$632,051,000 | 0.43% |
| Colgate-Palmolive Co. |
No change
6,400
|
$621,056,000 | 0.42% |
| Amazon.com Inc. |
50.33%
2,801
|
$541,293,000 | 0.37% |
| Fiserv, Inc. |
0.41%
3,421
|
$509,866,000 | 0.35% |
| Brookfield Renewable Corporation |
39.76%
15,467
|
$438,953,000 | 0.30% |
| Adobe Inc |
No change
725
|
$402,767,000 | 0.27% |
| Tesla Inc |
0.10%
1,941
|
$384,085,000 | 0.26% |
| Wells Fargo Co New |
No change
6,190
|
$367,624,000 | 0.25% |
| Wisdomtree Tr |
No change
4,600
|
$325,823,000 | 0.22% |
| Corpay Inc |
No change
1,204
|
$320,758,000 | 0.22% |
| Starbucks Corp. |
0.79%
3,943
|
$306,963,000 | 0.21% |
| Target Corp |
No change
1,908
|
$282,460,000 | 0.19% |
| Amcor Plc |
No change
28,560
|
$279,317,000 | 0.19% |
| Vanguard Index Fds |
No change
1,001
|
$267,778,000 | 0.18% |
| Micron Technology Inc. |
4.97%
1,987
|
$261,350,000 | 0.18% |
| Goldman Sachs Group, Inc. |
10.50%
571
|
$258,275,000 | 0.17% |
| Salesforce Inc |
No change
979
|
$251,701,000 | 0.17% |
| Us Bancorp Del |
No change
6,313
|
$250,626,000 | 0.17% |
| Lockheed Martin Corp. |
No change
500
|
$233,550,000 | 0.16% |
| Norfolk Southn Corp |
Closed
900
|
$229,383,000 | |
| Spdr Ser Tr |
No change
1,710
|
$217,478,000 | 0.15% |
| Alphabet Inc |
Opened
1,184
|
$217,169,000 | 0.15% |
| JPMorgan Chase & Co. |
No change
1,068
|
$216,014,000 | 0.15% |
| General Mls Inc |
No change
3,400
|
$215,084,000 | 0.15% |
| First Tr Exchange-traded Fd |
Closed
2,000
|
$211,599,000 | |
| AquaBounty Technologies Inc |
6.83%
80,202
|
$129,500,000 | 0.09% |
| Blackrock Innovation And Grw |
24.86%
16,516
|
$119,409,000 | 0.08% |
| Transocean Ltd |
Opened
16,047
|
$85,851,000 | 0.06% |
| Fate Therapeutics Inc |
Closed
10,071
|
$73,921,000 | |
| DermTech, Inc. |
Closed
14,040
|
$9,856,000 | |
| 23andme Holding Co |
Opened
10,000
|
$3,912,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 68 holdings | |||
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