B&d White Capital 13F annual report

B&d White Capital is an investment fund managing more than $469 billion ran by Brandon White. There are currently 29 companies in Mr. White’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Pepsico Inc, together worth $261 billion.

$469 billion Assets Under Management (AUM)

As of 6th August 2024, B&d White Capital’s top holding is 386,389 shares of Spdr S&p 500 Etf Tr currently worth over $210 billion and making up 44.8% of the portfolio value. In addition, the fund holds 305,315 shares of Pepsico Inc worth $50.4 billion. The third-largest holding is American Centy Etf Tr worth $53.6 billion and the next is Mcdonalds Corp worth $37.6 billion, with 147,420 shares owned.

Currently, B&d White Capital's portfolio is worth at least $469 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 B&d White Capital

The B&d White Capital office and employees reside in Lakeway, Texas. According to the last 13-F report filed with the SEC, Brandon White serves as the CCO at B&d White Capital.

Recent trades

In the most recent 13F filing, B&d White Capital revealed that it had opened a new position in Northrop Grumman and bought 2,700 shares worth $1.18 billion. This means they effectively own approximately 0.1% of the company. Northrop Grumman makes up 50.3% of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Spdr S&p 500 Etf Tr by buying 196,300 additional shares. This makes their stake in Spdr S&p 500 Etf Tr total 386,389 shares worth $210 billion.

On the other hand, there are companies that B&d White Capital is getting rid of from its portfolio. B&d White Capital closed its position in Alphabet Inc on 13th August 2024. It sold the previously owned 87,705 shares for $13.2 billion. Brandon White also disclosed a decreased stake in American Centy Etf Tr by approximately 0.1%. This leaves the value of the investment at $53.6 billion and 642,868 shares.

One of the average hedge funds

The two most similar investment funds to B&d White Capital are Kesler, Norman & Wride and Cfo4life, L.P.. They manage $469 billion and $470 billion respectively.

Brandon White investment strategy

B&d White Capital’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Health Care — making up 6.6% of the total portfolio value. The fund focuses on investments in the United States as 37.9% 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 34% of the total holdings value. On the other hand, small-cap stocks make up only 3.4% of the portfolio. The average market cap of the portfolio companies is close to $359 billion.

The complete list of B&d White Capital trades based on 13F SEC filings

These positions were updated on August 13th 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
Spdr S&p 500 Etf Tr	103.27% 386,389	$210,280,986,000	44.81%
Pepsico Inc	62.28% 305,315	$50,355,603,000	10.73%
American Centy Etf Tr	0.10% 642,868	$53,581,008,000	11.42%
Mcdonalds Corp	494.80% 147,420	$37,568,513,000	8.01%
Johnson & Johnson	23.41% 212,810	$31,104,310,000	6.63%
Schwab Strategic Tr	20.48% 259,222	$25,146,571,000	5.36%
Invesco Exch Traded Fd Tr Ii	11.97% 110,498	$21,780,261,000	4.64%
Alphabet Inc	Closed 87,705	$13,237,316,000
Vanguard Index Fds	70.95% 31,513	$10,412,006,000	2.22%
Exxon Mobil Corp.	Closed 56,230	$6,536,175,000
Lockheed Martin Corp.	Closed 8,710	$3,961,918,000
Altria Group Inc.	Closed 89,915	$3,922,092,000
Fidelity Comwlth Tr	7.38% 50,712	$3,546,318,000	0.76%
Apple Inc	94.66% 15,328	$3,228,383,000	0.69%
Select Sector Spdr Tr	36.35% 73,946	$8,450,281,000	1.80%
Berkshire Hathaway Inc.	0.34% 6,243	$2,539,652,000	0.54%
First Tr Nasdaq 100 Tech Ind	69.80% 11,146	$2,201,071,000	0.47%
Lululemon Athletica inc.	Closed 4,600	$1,796,990,000
Dimensional Etf Trust	2.65% 64,690	$2,435,374,000	0.52%
Deere & Co.	Closed 3,700	$1,519,738,000
Northrop Grumman Corp.	Opened 2,700	$1,177,065,000	0.25%
United Parcel Service, Inc.	27.97% 8,500	$1,163,225,000	0.25%
Albemarle Corp.	Closed 4,650	$612,591,000
Starbucks Corp.	27.83% 7,145	$556,238,000	0.12%
Nike, Inc.	71.65% 7,200	$542,664,000	0.12%
Lyondellbasell Industries N	Closed 5,300	$542,084,000
Home Depot, Inc.	Closed 1,022	$392,039,000
General Mtrs Co	Closed 8,078	$366,337,000
Western Midstream Partners L	No change 8,829	$350,776,000	0.07%
Wisdomtree Tr	5.61% 7,743	$335,349,000	0.07%
Exchange Traded Concepts Tru	0.98% 9,835	$326,424,000	0.07%
Ishares Tr	1.12% 6,906	$533,618,000	0.11%
Hershey Company	58.97% 1,600	$294,128,000	0.06%
MPLX LP	No change 6,612	$281,605,000	0.06%
Spdr Ser Tr	Closed 3,272	$277,391,000
Microsoft Corporation	Closed 622	$261,688,000
Ishares Tr	Closed 2,966	$444,460,000
Broadcom Inc	Opened 150	$240,830,000	0.05%
Enterprise Prods Partners L	No change 7,986	$231,434,000	0.05%
Chevron Corp.	Closed 1,400	$220,836,000
Spdr Ser Tr	No change 2,288	$209,993,000	0.04%
Vanguard Scottsdale Fds	No change 3,582	$207,720,000	0.04%
AT&T Inc.	0.99% 10,011	$191,310,000	0.04%
No transactions found
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