Sterling 13F annual report

Sterling is an investment fund managing more than $218 billion ran by Berkeley Harrison. There are currently 39 companies in Harrison’s portfolio. The largest investments include J P Morgan Exchange Traded F and Amplify Etf Tr, together worth $62.5 billion.

Limited to 30 biggest holdings

$218 billion Assets Under Management (AUM)

As of 8th July 2024, Sterling’s top holding is 352,701 shares of J P Morgan Exchange Traded F currently worth over $26.5 billion and making up 12.1% of the portfolio value. In addition, the fund holds 1,007,989 shares of Amplify Etf Tr worth $35.9 billion. The third-largest holding is Dimensional Etf Trust worth $37.1 billion and the next is Invesco Exch Trd Slf Idx Fd worth $50.2 billion, with 2,365,070 shares owned.

Currently, Sterling's portfolio is worth at least $218 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 Sterling

The Sterling office and employees reside in Pasadena, California. According to the last 13-F report filed with the SEC, Berkeley Harrison serves as the Berkeley Harrison at Sterling.

Recent trades

In the most recent 13F filing, Sterling revealed that it had opened a new position in Invesco Exch Trd Slf Idx Fd and bought 110,153 shares worth $2.86 billion.

The investment fund also strengthened its position in Amplify Etf Tr by buying 380,433 additional shares. This makes their stake in Amplify Etf Tr total 1,007,989 shares worth $35.9 billion.

On the other hand, there are companies that Sterling is getting rid of from its portfolio. Sterling closed its position in Invesco Exch Trd Slf Idx Fd on 15th July 2024. It sold the previously owned 46,715 shares for $931 million. Berkeley Harrison also disclosed a decreased stake in J P Morgan Exchange Traded F by approximately 0.1%. This leaves the value of the investment at $26.5 billion and 352,701 shares.

One of the smallest hedge funds

The two most similar investment funds to Sterling are Cypress Financial Planning and Harbor Island Capital. They manage $218 billion and $218 billion respectively.


Berkeley Harrison investment strategy

Sterling’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 6.2% of the total portfolio value. The fund focuses on investments in the United States as 48.7% 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 46% of the total holdings value. On the other hand, small-cap stocks make up only 5.1% of the portfolio. The average market cap of the portfolio companies is close to $478 billion.

The complete list of Sterling 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
J P Morgan Exchange Traded F
0.94%
352,701
$26,505,465,000 12.14%
Amplify Etf Tr
60.62%
1,007,989
$35,945,105,000 16.46%
Dimensional Etf Trust
9.89%
1,082,849
$37,115,694,000 17.00%
Invesco Exch Trd Slf Idx Fd
8.14%
2,365,070
$50,247,717,000 23.01%
Vanguard Bd Index Fds
84.57%
243,358
$17,105,655,000 7.83%
Apple Inc
4.69%
53,813
$11,334,127,000 5.19%
Spdr Ser Tr
116.67%
186,513
$8,532,981,000 3.91%
Spdr S&p 500 Etf Tr
9.40%
6,923
$3,767,635,000 1.73%
Invesco Exch Trd Slf Idx Fd
Opened
110,153
$2,855,175,000 1.31%
Microsoft Corporation
9.64%
4,176
$1,866,530,000 0.85%
NVIDIA Corp
938.22%
14,940
$1,845,719,000 0.85%
Berkshire Hathaway Inc.
113.86%
3,935
$1,600,758,000 0.73%
Vanguard Index Fds
No change
10,520
$1,582,524,000 0.72%
Ishares Tr
0.75%
43,286
$5,936,416,000 2.72%
Amazon.com Inc.
4.38%
7,669
$1,482,034,000 0.68%
Spdr Ser Tr
Opened
16,200
$1,036,800,000 0.47%
CVS Health Corp
0.14%
13,191
$779,060,000 0.36%
Chevron Corp.
4.39%
4,561
$713,432,000 0.33%
Alphabet Inc
1.73%
6,469
$1,181,708,000 0.54%
Union Pac Corp
138.87%
3,036
$686,925,000 0.31%
Meta Platforms Inc
No change
1,064
$536,497,000 0.25%
Lockheed Martin Corp.
22.99%
1,112
$519,415,000 0.24%
Tesla Inc
60.79%
2,391
$473,131,000 0.22%
Vaneck Bitcoin Tr
Opened
6,930
$470,339,000 0.22%
Marriott Intl Inc New
0.23%
1,743
$421,405,000 0.19%
Palo Alto Networks Inc
1.25%
1,214
$411,558,000 0.19%
Exxon Mobil Corp.
5.05%
3,329
$383,234,000 0.18%
Pepsico Inc
2.94%
2,146
$353,940,000 0.16%
JPMorgan Chase & Co.
0.72%
1,671
$337,976,000 0.15%
Eli Lilly & Co
1.12%
361
$326,842,000 0.15%
Invesco Exch Trd Slf Idx Fd
Closed
46,715
$931,256,000
Home Depot, Inc.
No change
849
$292,260,000 0.13%
Canadian Pacific Kansas City
Opened
3,442
$270,989,000 0.12%
Visa Inc
2.11%
1,023
$268,507,000 0.12%
Taiwan Semiconductor Mfg Ltd
Opened
1,461
$253,936,000 0.12%
Costco Whsl Corp New
Opened
289
$245,647,000 0.11%
Vanguard Scottsdale Fds
Closed
1,275
$234,026,000
Merck & Co Inc
Opened
1,764
$218,383,000 0.10%
Broadcom Inc.
Opened
136
$218,352,000 0.10%
Qualcomm, Inc.
Opened
1,077
$214,517,000 0.10%
Unitedhealth Group Inc
Closed
387
$203,744,000
Lloyds Banking Group plc
33.89%
17,206
$46,972,000 0.02%
No transactions found
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