Processus Wealth & Capital Management 13F annual report
Processus Wealth & Capital Management is an investment fund managing more than $121 billion ran by J. Jordan. There are currently 28 companies in Jordan’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $24.6 billion.
$121 billion Assets Under Management (AUM)
As of 17th July 2024, Processus Wealth & Capital Management’s top holding is 128,470 shares of NVIDIA Corp currently worth over $15.9 billion and making up 13.2% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Processus Wealth & Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 41,627 shares of Apple Inc worth $8.77 billion, whose value grew 15.3% in the past six months.
The third-largest holding is Ishares Tr worth $17.8 billion and the next is Amazon.com worth $6.41 billion, with 33,189 shares owned.
Currently, Processus Wealth & Capital Management's portfolio is worth at least $121 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 Processus Wealth & Capital Management
The Processus Wealth & Capital Management office and employees reside in Brentwood, Tennessee. According to the last 13-F report filed with the SEC, J. Jordan serves as the Managing Member at Processus Wealth & Capital Management.
Recent trades
In the most recent 13F filing, Processus Wealth & Capital Management revealed that it had increased its stake in
NVIDIA Corp and bought 112,404 additional shares worth around $13 million.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
44.5%
of the fund's Technology sector allocation and has decreased its share price by 72.3% in the past year.
On the other hand, there are companies that Processus Wealth & Capital Management is getting rid of from its portfolio.
Processus Wealth & Capital Management closed its position in Pinnacle Finl Partners Inc on 24th July 2024.
It sold the previously owned 7,400 shares for $636 million.
J. Jordan also disclosed a decreased stake in Costco Whsl Corp New by approximately 0.1%.
This leaves the value of the investment at $4.33 billion and 5,089 shares.
One of the smallest hedge funds
The two most similar investment funds to Processus Wealth & Capital Management are Koonce Calvin Scott and Encompass More Asset Management. They manage $121 billion and $121 billion respectively.
J. Jordan investment strategy
Processus Wealth & Capital Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 29.6% of
the total portfolio value.
The fund focuses on investments in the United States as
67.9% 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
68% of the total holdings value.
On the other hand, small-cap stocks make up only 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $310 billion.
The complete list of Processus Wealth & Capital Management trades based on 13F SEC filings
These positions were updated on July 24th 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 |
|---|---|---|---|
| NVIDIA Corp |
699.64%
128,470
|
$15,871,203,000 | 13.15% |
| Apple Inc |
0.85%
41,627
|
$8,767,553,000 | 7.27% |
| Ishares Tr |
0.43%
124,500
|
$17,803,621,000 | 14.76% |
| Amazon.com Inc. |
5.15%
33,189
|
$6,413,748,000 | 5.32% |
| Fedex Corp |
0.74%
17,110
|
$5,130,148,000 | 4.25% |
| Applied Matls Inc |
0.15%
20,953
|
$4,944,591,000 | 4.10% |
| Mastercard Incorporated |
2.13%
10,500
|
$4,632,308,000 | 3.84% |
| Qualcomm, Inc. |
0.11%
22,018
|
$4,385,579,000 | 3.63% |
| Costco Whsl Corp New |
1.78%
5,089
|
$4,325,697,000 | 3.59% |
| JPMorgan Chase & Co. |
0.59%
19,179
|
$3,879,140,000 | 3.22% |
| Alphabet Inc |
0.88%
40,716
|
$7,442,303,000 | 6.17% |
| Bank America Corp |
0.65%
84,699
|
$3,368,488,000 | 2.79% |
| Thermo Fisher Scientific Inc. |
1.80%
6,061
|
$3,351,753,000 | 2.78% |
| AMGEN Inc. |
1.26%
9,882
|
$3,087,763,000 | 2.56% |
| Crowdstrike Holdings Inc |
83.69%
7,026
|
$2,692,293,000 | 2.23% |
| Salesforce Inc |
0.34%
10,434
|
$2,682,611,000 | 2.22% |
| Adobe Inc |
4.63%
4,726
|
$2,625,482,000 | 2.18% |
| RTX Corp |
1.34%
24,516
|
$2,461,125,000 | 2.04% |
| Citigroup Inc |
0.07%
37,954
|
$2,408,560,000 | 2.00% |
| Fidelity Covington Trust |
0.62%
80,899
|
$2,310,475,000 | 1.92% |
| General Dynamics Corp. |
1.14%
6,562
|
$1,903,768,000 | 1.58% |
| Comcast Corp New |
0.70%
44,611
|
$1,746,976,000 | 1.45% |
| Merck & Co Inc |
2.54%
13,456
|
$1,665,825,000 | 1.38% |
| Emerson Elec Co |
4.50%
14,764
|
$1,626,449,000 | 1.35% |
| Eog Res Inc |
1.73%
11,834
|
$1,489,586,000 | 1.23% |
| Ulta Beauty Inc |
0.60%
3,689
|
$1,423,474,000 | 1.18% |
| Chevron Corp. |
2.45%
8,933
|
$1,397,231,000 | 1.16% |
| Pepsico Inc |
2.05%
4,920
|
$811,424,000 | 0.67% |
| Pinnacle Finl Partners Inc |
Closed
7,400
|
$635,512,000 | |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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