Terra Nova Asset Management 13F annual report
Terra Nova Asset Management is an investment fund managing more than $127 billion ran by Daniel Baumgartner. There are currently 67 companies in Mr. Baumgartner’s portfolio. The largest investments include Alphabet Inc and Microsoft, together worth $12 billion.
$127 billion Assets Under Management (AUM)
As of 8th July 2024, Terra Nova Asset Management’s top holding is 36,118 shares of Alphabet Inc currently worth over $6.58 billion and making up 5.2% of the portfolio value.
Relative to the number of outstanding shares of Alphabet Inc, Terra Nova Asset Management owns more than approximately 0.1% of the company.
In addition, the fund holds 12,114 shares of Microsoft worth $5.41 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is NVIDIA Corp worth $5.25 billion and the next is Eli Lilly Co worth $4.59 billion, with 5,066 shares owned.
Currently, Terra Nova Asset Management's portfolio is worth at least $127 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 Terra Nova Asset Management
The Terra Nova Asset Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Daniel Baumgartner serves as the Managing Partner at Terra Nova Asset Management.
Recent trades
In the most recent 13F filing, Terra Nova Asset Management revealed that it had opened a new position in
Ge Vernova Inc and bought 9,333 shares worth $1.6 billion.
The investment fund also strengthened its position in Microsoft by buying
16 additional shares.
This makes their stake in Microsoft total 12,114 shares worth $5.41 billion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Terra Nova Asset Management is getting rid of from its portfolio.
Terra Nova Asset Management closed its position in Intel on 15th July 2024.
It sold the previously owned 52,913 shares for $2.34 billion.
Daniel Baumgartner also disclosed a decreased stake in Alphabet Inc by approximately 0.1%.
This leaves the value of the investment at $6.58 billion and 36,118 shares.
One of the smallest hedge funds
The two most similar investment funds to Terra Nova Asset Management are Tenret Co and Novak & Powell Services. They manage $127 billion and $127 billion respectively.
Daniel Baumgartner investment strategy
Terra Nova Asset Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 22.6% of
the total portfolio value.
The fund focuses on investments in the United States as
58.2% 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
61% of the total holdings value.
On the other hand, small-cap stocks make up only 1.5% of the portfolio.
The average market cap of the portfolio companies is close to $245 billion.
The complete list of Terra Nova Asset Management trades based on 13F SEC filings
These positions were updated on July 15th 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 |
|---|---|---|---|
| Alphabet Inc |
0.75%
36,118
|
$6,583,010,000 | 5.19% |
| Microsoft Corporation |
0.13%
12,114
|
$5,414,187,000 | 4.27% |
| NVIDIA Corp |
648.75%
42,514
|
$5,252,140,000 | 4.14% |
| Eli Lilly Co |
0.76%
5,066
|
$4,586,738,000 | 3.62% |
| Lam Research Corp. |
17.19%
3,758
|
$4,001,678,000 | 3.16% |
| Select Sector Spdr Tr |
11.94%
162,107
|
$15,003,578,000 | 11.84% |
| Amazon.com Inc. |
0.41%
19,106
|
$3,692,170,000 | 2.91% |
| Quanta Svcs Inc |
0.36%
12,741
|
$3,237,352,000 | 2.55% |
| Stryker Corp. |
0.86%
8,561
|
$2,912,982,000 | 2.30% |
| Iron Mtn Inc Del |
0.37%
32,409
|
$2,904,673,000 | 2.29% |
| Ishares Tr |
18.99%
73,691
|
$7,889,837,000 | 6.22% |
| Costco Whsl Corp New |
0.82%
3,277
|
$2,785,494,000 | 2.20% |
| MercadoLibre Inc |
23.07%
1,654
|
$2,718,730,000 | 2.15% |
| Gallagher Arthur J Co |
13.66%
10,061
|
$2,608,977,000 | 2.06% |
| HCA Healthcare Inc |
0.21%
8,086
|
$2,598,029,000 | 2.05% |
| Palo Alto Networks Inc |
10.04%
7,628
|
$2,585,969,000 | 2.04% |
| GE Aerospace |
1.20%
15,681
|
$2,492,741,000 | 1.97% |
| Vanguard Index Fds |
7.43%
4,900
|
$2,450,457,000 | 1.93% |
| Intel Corp. |
Closed
52,913
|
$2,337,175,000 | |
| Visa Inc |
3.66%
8,514
|
$2,234,618,000 | 1.76% |
| Autozone Inc. |
0.14%
729
|
$2,160,829,000 | 1.70% |
| Blackstone Inc |
0.54%
17,452
|
$2,160,505,000 | 1.70% |
| Meta Platforms Inc |
31.83%
4,200
|
$2,117,926,000 | 1.67% |
| Berkshire Hathaway Inc. |
1.77%
5,154
|
$2,708,482,000 | 2.14% |
| Fortinet Inc |
12.67%
34,399
|
$2,073,248,000 | 1.64% |
| Airbnb, Inc. |
Closed
12,255
|
$2,021,585,000 | |
| Intuitive Surgical Inc |
174.98%
4,430
|
$1,970,686,000 | 1.55% |
| Thermo Fisher Scientific Inc. |
0.57%
3,303
|
$1,826,376,000 | 1.44% |
| Blackrock Inc. |
2.83%
2,268
|
$1,785,276,000 | 1.41% |
| Jacobs Solutions Inc |
0.81%
12,521
|
$1,749,347,000 | 1.38% |
| Vanguard World Fd |
0.36%
18,278
|
$2,261,930,000 | 1.78% |
| Ge Vernova Inc |
Opened
9,333
|
$1,600,703,000 | 1.26% |
| Adobe Inc |
Closed
3,086
|
$1,557,196,000 | |
| Resmed Inc. |
97.44%
8,012
|
$1,533,723,000 | 1.21% |
| Grainger W W Inc |
29.17%
1,696
|
$1,530,601,000 | 1.21% |
| Apple Inc |
1.76%
7,067
|
$1,488,449,000 | 1.17% |
| International Business Machs |
0.34%
8,488
|
$1,467,995,000 | 1.16% |
| Vaneck Merk Gold Tr |
No change
55,695
|
$1,250,910,000 | 0.99% |
| Etfs Gold Tr |
No change
52,538
|
$1,167,384,000 | 0.92% |
| Spdr Gold Tr |
No change
4,800
|
$1,032,048,000 | 0.81% |
| Ishares Gold Tr |
No change
21,766
|
$956,181,000 | 0.75% |
| Constellation Energy Corp |
Opened
4,626
|
$926,363,000 | 0.73% |
| Linde Plc. |
0.11%
1,764
|
$774,135,000 | 0.61% |
| Cintas Corporation |
No change
879
|
$615,358,000 | 0.49% |
| Spdr Sp 500 Etf Tr |
0.36%
1,117
|
$607,661,000 | 0.48% |
| Arista Networks Inc |
No change
1,620
|
$567,778,000 | 0.45% |
| Parker-Hannifin Corp. |
No change
1,114
|
$563,562,000 | 0.44% |
| Union Pac Corp |
0.04%
2,311
|
$522,883,000 | 0.41% |
| RTX Corp |
No change
5,104
|
$512,391,000 | 0.40% |
| Eaton Corp Plc |
No change
1,619
|
$507,638,000 | 0.40% |
| Cameco Corp. |
No change
8,661
|
$426,123,000 | 0.34% |
| Paychex Inc. |
6.86%
3,571
|
$423,360,000 | 0.33% |
| Southern Copper Corporation |
1.03%
3,622
|
$390,233,000 | 0.31% |
| Spdr Ser Tr |
0.08%
3,702
|
$374,174,000 | 0.30% |
| CSX Corp. |
2.43%
11,031
|
$368,989,000 | 0.29% |
| Exxon Mobil Corp. |
No change
3,027
|
$348,514,000 | 0.27% |
| Chevron Corp. |
0.23%
2,210
|
$345,686,000 | 0.27% |
| Vertex Pharmaceuticals, Inc. |
9.74%
721
|
$337,948,000 | 0.27% |
| Agilent Technologies Inc. |
No change
2,590
|
$335,742,000 | 0.26% |
| Abbvie Inc |
0.10%
1,920
|
$329,243,000 | 0.26% |
| American Express Co. |
0.28%
1,409
|
$326,163,000 | 0.26% |
| Lockheed Martin Corp. |
No change
655
|
$305,951,000 | 0.24% |
| General Dynamics Corp. |
0.10%
1,044
|
$302,779,000 | 0.24% |
| Procter And Gamble Co |
0.05%
1,825
|
$300,907,000 | 0.24% |
| United Rentals, Inc. |
No change
450
|
$291,029,000 | 0.23% |
| Mondelez International Inc. |
No change
4,298
|
$281,262,000 | 0.22% |
| Northrop Grumman Corp. |
No change
611
|
$266,509,000 | 0.21% |
| Idexx Labs Inc |
No change
500
|
$243,600,000 | 0.19% |
| Eog Res Inc |
No change
1,790
|
$225,308,000 | 0.18% |
| Booking Holdings Inc |
Closed
61
|
$221,301,000 | |
| Amplify Commodity Trust |
20.15%
10,499
|
$128,508,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 71 holdings | |||
Hedge funds similar to Terra Nova Asset Management
- Greenwich Investment Management
- Marketfield Asset Management
- Kore Advisors L.P.
- Presidio Capital Management
- English Capital Management
- Piershale Financial Group, Inc
- Novak & Powell Services
- Tenret Co
- Mach-1
- Shorepath Capital Management
- Eschler Asset Management LL.P.
- Rosalind Advisors
- Sippican Capital Advisors
- Continental Advisors