Legacy Bridge 13F annual report

Legacy Bridge is an investment fund managing more than $170 billion ran by Carolyn Zuendel. There are currently 222 companies in Mrs. Zuendel’s portfolio. The largest investments include NVIDIA Corp and West Bancorporation, together worth $11.9 billion.

$170 billion Assets Under Management (AUM)

As of 30th July 2024, Legacy Bridge’s top holding is 52,870 shares of NVIDIA Corp currently worth over $6.53 billion and making up 3.9% of the portfolio value. Relative to the number of outstanding shares of NVIDIA Corp, Legacy Bridge owns more than approximately 0.1% of the company. In addition, the fund holds 302,519 shares of West Bancorporation worth $5.42 billion, whose value grew 4.7% in the past six months. The third-largest holding is Broadcom Inc worth $4.65 billion and the next is Microsoft worth $3.86 billion, with 8,632 shares owned.

Currently, Legacy Bridge's portfolio is worth at least $170 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 Legacy Bridge

The Legacy Bridge office and employees reside in West Des Moines, Iowa. According to the last 13-F report filed with the SEC, Carolyn Zuendel serves as the Administrative Manager at Legacy Bridge.

Recent trades

In the most recent 13F filing, Legacy Bridge revealed that it had opened a new position in Hewlett Packard Enterprise C and bought 60,825 shares worth $1.29 billion.

The investment fund also strengthened its position in NVIDIA Corp by buying 47,495 additional shares. This makes their stake in NVIDIA Corp total 52,870 shares worth $6.53 billion. NVIDIA Corp dropped approximately 0.1% in the past year.

On the other hand, there are companies that Legacy Bridge is getting rid of from its portfolio. Legacy Bridge closed its position in Lululemon Athletica inc on 6th August 2024. It sold the previously owned 2,753 shares for $1.08 billion. Carolyn Zuendel also disclosed a decreased stake in West Bancorporation by approximately 0.1%. This leaves the value of the investment at $5.42 billion and 302,519 shares.

One of the smallest hedge funds

The two most similar investment funds to Legacy Bridge are Members Advisory and Gsi Capital Advisors. They manage $170 billion and $169 billion respectively.


Carolyn Zuendel investment strategy

Legacy Bridge’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 21.8% of the total portfolio value. The fund focuses on investments in the United States as 52.7% 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 48% of the total holdings value. On the other hand, small-cap stocks make up only 1.4% of the portfolio. The average market cap of the portfolio companies is close to $125 billion.

The complete list of Legacy Bridge trades based on 13F SEC filings

These positions were updated on August 6th 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
883.63%
52,870
$6,531,560,000 3.85%
West Bancorporation
0.55%
302,519
$5,415,091,000 3.19%
Broadcom Inc
3.01%
2,897
$4,651,221,000 2.74%
Microsoft Corporation
1.35%
8,632
$3,858,073,000 2.27%
Amazon.com Inc.
1.68%
16,846
$3,255,490,000 1.92%
Arista Networks Inc
2.92%
9,091
$3,186,214,000 1.88%
Eli Lilly Co
19.30%
3,462
$3,134,426,000 1.85%
Super Micro Computer Inc
0.36%
3,562
$2,918,525,000 1.72%
Eaton Corp Plc
0.06%
9,248
$2,899,711,000 1.71%
Berkshire Hathaway Inc.
0.12%
6,924
$2,816,684,000 1.66%
Caterpillar Inc.
No change
7,136
$2,377,002,000 1.40%
Walmart Inc
0.63%
34,153
$2,312,500,000 1.36%
Costco Whsl Corp New
0.75%
2,647
$2,249,924,000 1.33%
Insight Enterprises Inc.
0.14%
11,086
$2,199,019,000 1.30%
Advanced Micro Devices Inc.
3.25%
12,982
$2,105,811,000 1.24%
Sterling Infrastructure Inc
0.04%
17,687
$2,093,080,000 1.23%
Palo Alto Networks Inc
No change
6,056
$2,053,045,000 1.21%
Asml Holding N V
No change
1,995
$2,040,347,000 1.20%
Nxp Semiconductors N V
No change
7,570
$2,037,012,000 1.20%
Qualcomm, Inc.
No change
10,187
$2,029,047,000 1.20%
Vertiv Holdings Co
No change
22,458
$1,944,190,000 1.15%
Taiwan Semiconductor Mfg Ltd
0.18%
11,032
$1,917,472,000 1.13%
Apple Inc
4.68%
8,916
$1,877,888,000 1.11%
Lowes Cos Inc
No change
8,345
$1,839,739,000 1.08%
Home Depot, Inc.
No change
5,324
$1,832,734,000 1.08%
Alphabet Inc
0.25%
12,115
$2,219,124,000 1.31%
Tractor Supply Co.
No change
6,613
$1,785,510,000 1.05%
Spdr Ser Tr
2,323.67%
19,147
$1,775,160,000 1.05%
Intuitive Surgical Inc
No change
3,935
$1,750,485,000 1.03%
Ishares Tr
7.54%
139,205
$13,712,461,000 8.08%
Jpmorgan Chase Co.
0.11%
8,540
$1,727,301,000 1.02%
Parker-Hannifin Corp.
No change
3,389
$1,714,191,000 1.01%
Vanguard Tax-managed Fds
No change
32,596
$1,610,895,000 0.95%
J P Morgan Exchange Traded F
1.18%
28,143
$1,595,146,000 0.94%
Johnson Ctls Intl Plc
No change
23,672
$1,573,478,000 0.93%
Deere Co
0.15%
4,094
$1,529,642,000 0.90%
Unitedhealth Group Inc
0.17%
2,962
$1,508,429,000 0.89%
Exxon Mobil Corp.
231.88%
12,980
$1,494,258,000 0.88%
First Solar Inc
0.15%
6,577
$1,482,851,000 0.87%
Valero Energy Corp.
No change
9,415
$1,475,896,000 0.87%
Williams-Sonoma, Inc.
29.26%
5,198
$1,467,760,000 0.87%
Waste Mgmt Inc Del
0.21%
6,834
$1,457,966,000 0.86%
Freeport-McMoRan Inc
710.32%
29,917
$1,453,967,000 0.86%
Palantir Technologies Inc.
0.15%
56,510
$1,431,399,000 0.84%
Danaher Corp.
0.43%
5,608
$1,401,159,000 0.83%
Digital Rlty Tr Inc
0.03%
9,112
$1,385,480,000 0.82%
Equinix Inc
No change
1,821
$1,377,769,000 0.81%
Chevron Corp.
0.23%
8,658
$1,354,285,000 0.80%
Hewlett Packard Enterprise C
Opened
60,825
$1,287,666,000 0.76%
Ge Healthcare Technologies I
0.12%
16,395
$1,277,499,000 0.75%
Vanguard Star Fds
No change
21,008
$1,266,783,000 0.75%
Blackrock Inc.
0.19%
1,559
$1,227,432,000 0.72%
T-Mobile US, Inc.
10.03%
6,950
$1,224,451,000 0.72%
Monster Beverage Corp.
No change
24,344
$1,215,983,000 0.72%
Thermo Fisher Scientific Inc.
0.46%
2,143
$1,185,079,000 0.70%
RPM International, Inc.
No change
10,848
$1,168,113,000 0.69%
Schwab Strategic Tr
0.04%
47,675
$2,625,424,000 1.55%
Jacobs Solutions Inc
0.36%
8,219
$1,148,277,000 0.68%
Toyota Motor Corporation
0.45%
5,526
$1,132,665,000 0.67%
Boston Scientific Corp.
No change
14,023
$1,079,912,000 0.64%
Lululemon Athletica inc.
Closed
2,753
$1,075,460,000
American Tower Corp.
Closed
5,442
$1,075,285,000
Celestica, Inc.
Opened
18,345
$1,051,719,000 0.62%
Illinois Tool Wks Inc
0.11%
4,429
$1,049,496,000 0.62%
Robert Half Inc
Closed
13,011
$1,031,513,000
Pioneer Nat Res Co
Closed
3,910
$1,026,375,000
Ishares Inc
0.89%
19,256
$1,038,059,000 0.61%
Knight-swift Transn Hldgs In
0.50%
19,890
$992,909,000 0.59%
Stryker Corp.
No change
2,916
$992,169,000 0.58%
Celsius Holdings Inc
0.06%
16,521
$943,184,000 0.56%
Morgan Stanley
No change
9,658
$938,662,000 0.55%
Nu Hldgs Ltd
4,116.35%
65,775
$847,840,000 0.50%
NextEra Energy Inc
No change
11,925
$844,410,000 0.50%
Procter And Gamble Co
10.66%
5,114
$843,401,000 0.50%
Block H R Inc
No change
15,277
$828,472,000 0.49%
Celestica, Inc.
Closed
18,345
$824,425,000
Mondelez International Inc.
No change
12,379
$810,082,000 0.48%
Pepsico Inc
0.21%
4,876
$804,199,000 0.47%
Qorvo Inc
0.58%
6,906
$801,373,000 0.47%
Rio Tinto plc
No change
11,030
$727,208,000 0.43%
Vanguard Intl Equity Index F
No change
17,975
$821,868,000 0.48%
Union Pac Corp
No change
3,035
$686,700,000 0.40%
Axon Enterprise Inc
22.30%
2,320
$682,637,000 0.40%
Workday Inc
No change
3,029
$677,164,000 0.40%
Gigacloud Technology Inc
Opened
21,255
$646,578,000 0.38%
Mcdonalds Corp
No change
2,428
$618,752,000 0.36%
Workiva Inc
55.89%
8,454
$617,058,000 0.36%
CareTrust REIT Inc
8.75%
24,247
$608,600,000 0.36%
Tjx Cos Inc New
No change
5,400
$594,540,000 0.35%
Conocophillips
No change
5,175
$591,917,000 0.35%
Vanguard Index Fds
3.99%
7,103
$1,729,397,000 1.02%
Accenture Plc Ireland
0.79%
1,873
$568,287,000 0.34%
Goldman Sachs Group, Inc.
No change
1,190
$538,261,000 0.32%
Intuit Inc
No change
807
$530,369,000 0.31%
Cameco Corp.
Opened
10,078
$495,838,000 0.29%
Constellation Brands, Inc.
0.59%
1,877
$482,915,000 0.28%
Meta Platforms Inc
No change
891
$449,261,000 0.26%
Skechers U S A, Inc.
No change
6,478
$447,760,000 0.26%
CME Group Inc
No change
2,019
$396,936,000 0.23%
Canadian Pacific Kansas City
2.26%
4,970
$391,289,000 0.23%
Wells Fargo Co New
No change
6,229
$369,941,000 0.22%
Nike, Inc.
No change
4,810
$362,530,000 0.21%
Spdr Sp 500 Etf Tr
1.22%
665
$361,907,000 0.21%
Edwards Lifesciences Corp
Closed
3,741
$357,490,000
Lockheed Martin Corp.
No change
723
$337,714,000 0.20%
Cisco Sys Inc
Closed
6,250
$311,938,000
Abbott Labs
No change
2,951
$306,639,000 0.18%
Pfizer Inc.
Closed
10,813
$300,061,000
Merck Co Inc
No change
2,406
$297,863,000 0.18%
Global X Fds
Closed
6,380
$288,951,000
International Business Machs
Closed
1,448
$276,511,000
Carrier Global Corporation
No change
4,363
$275,219,000 0.16%
Coca-Cola Co
20.84%
4,255
$270,831,000 0.16%
Blackstone Inc
No change
1,955
$242,029,000 0.14%
Mastercard Incorporated
No change
545
$240,433,000 0.14%
Celanese Corp
No change
1,723
$232,416,000 0.14%
United Parcel Service, Inc.
No change
1,675
$229,224,000 0.14%
Northern Tr Corp
No change
2,700
$226,746,000 0.13%
Biogen Inc
No change
940
$217,911,000 0.13%
Vanguard Mun Bd Fds
No change
4,235
$212,216,000 0.13%
Medtronic Plc
Closed
2,365
$206,110,000
Prudential Finl Inc
No change
1,606
$188,208,000 0.11%
Etfs Gold Tr
No change
8,000
$177,760,000 0.10%
Vanguard Scottsdale Fds
No change
4,220
$287,824,000 0.17%
Cambria Etf Tr
No change
8,411
$176,211,000 0.10%
American Eqty Invt Life Hld
Closed
3,000
$168,660,000
The Southern Co.
No change
2,151
$166,854,000 0.10%
Diageo plc
No change
1,277
$161,005,000 0.09%
Invesco Exchange Traded Fd T
No change
7,370
$257,572,000 0.15%
Us Bancorp Del
Closed
3,321
$148,449,000
American Express Co.
No change
640
$148,192,000 0.09%
CVS Health Corp
No change
2,375
$140,268,000 0.08%
Adobe Inc
No change
250
$138,885,000 0.08%
Darling Ingredients Inc
No change
3,620
$133,035,000 0.08%
Vanguard Admiral Fds Inc
No change
754
$132,539,000 0.08%
Vanguard Malvern Fds
No change
2,588
$125,622,000 0.07%
Ulta Beauty Inc
12.33%
320
$123,479,000 0.07%
Principal Financial Group In
51.67%
1,520
$119,244,000 0.07%
Bank New York Mellon Corp
1.54%
1,975
$118,283,000 0.07%
Marathon Pete Corp
No change
674
$116,926,000 0.07%
Netflix Inc.
No change
171
$115,405,000 0.07%
Vertex Pharmaceuticals, Inc.
90.09%
211
$98,900,000 0.06%
Ecolab, Inc.
No change
375
$89,250,000 0.05%
Global Pmts Inc
Closed
625
$83,538,000
DuPont de Nemours Inc
Closed
1,081
$82,881,000
Ppg Inds Inc
No change
639
$80,444,000 0.05%
Wisdomtree Tr
No change
3,100
$146,456,000 0.09%
Marathon Oil Corporation
No change
2,576
$73,854,000 0.04%
Shell Plc
No change
1,000
$72,180,000 0.04%
Corteva Inc
0.24%
1,230
$66,347,000 0.04%
Cardinal Health, Inc.
No change
665
$65,383,000 0.04%
Caseys Gen Stores Inc
No change
171
$65,247,000 0.04%
Intercontinental Exchange In
No change
470
$64,339,000 0.04%
Dow Inc
0.26%
1,158
$61,432,000 0.04%
Select Sector Spdr Tr
19.07%
2,122
$133,276,000 0.08%
Linde Plc.
No change
139
$60,995,000 0.04%
Oracle Corp.
No change
430
$60,716,000 0.04%
Oreilly Automotive Inc
No change
56
$59,140,000 0.03%
Emerson Elec Co
No change
521
$57,394,000 0.03%
Conagra Brands Inc
No change
2,000
$56,840,000 0.03%
Brookfield Asset Managmt Ltd
Opened
1,363
$51,863,000 0.03%
Avalonbay Cmntys Inc
No change
250
$51,723,000 0.03%
Equity Residential
No change
738
$51,173,000 0.03%
Manulife Finl Corp
No change
1,860
$49,514,000 0.03%
Flexshares Tr
No change
1,182
$47,446,000 0.03%
Schlumberger Ltd.
No change
1,003
$47,322,000 0.03%
Suncor Energy, Inc.
No change
1,199
$45,682,000 0.03%
International Flavorsfragra
Closed
505
$43,425,000
Masco Corp.
No change
650
$43,336,000 0.03%
Comcast Corp New
No change
1,055
$41,314,000 0.02%
Texas Instrs Inc
No change
200
$38,906,000 0.02%
Kraft Heinz Co
No change
1,200
$38,664,000 0.02%
Autozone Inc.
No change
13
$38,534,000 0.02%
Arch Cap Group Ltd
No change
313
$31,579,000 0.02%
Chipotle Mexican Grill
4,900.00%
500
$31,325,000 0.02%
Novartis AG
No change
292
$31,087,000 0.02%
Vulcan Matls Co
No change
125
$31,085,000 0.02%
Blackrock Enhancd Cap Inm
No change
1,554
$31,065,000 0.02%
Air Prods Chems Inc
Closed
128
$31,011,000
DraftKings Inc.
No change
800
$30,536,000 0.02%
Fedex Corp
No change
100
$29,984,000 0.02%
Goldman Sachs Etf Tr
No change
883
$29,713,000 0.02%
Invesco Exch Traded Fd Tr Ii
No change
1,039
$45,252,000 0.03%
Ishares Gold Tr
No change
579
$25,436,000 0.01%
Cencora Inc.
No change
110
$24,783,000 0.01%
Ishares Tr
Closed
319
$38,530,000
MercadoLibre Inc
15.38%
15
$24,651,000 0.01%
Otis Worldwide Corporation
60.00%
250
$24,065,000 0.01%
Progressive Corp.
No change
111
$23,056,000 0.01%
Starbucks Corp.
No change
295
$22,966,000 0.01%
Phillips 66
No change
161
$22,729,000 0.01%
Jefferies Finl Group Inc
No change
431
$21,447,000 0.01%
Sysco Corp.
9.23%
295
$21,061,000 0.01%
Applied Matls Inc
No change
85
$20,060,000 0.01%
ServiceNow Inc
No change
25
$19,667,000 0.01%
Discover Finl Svcs
No change
150
$19,622,000 0.01%
Select Sector Spdr Tr
Closed
200
$18,882,000
Watsco Inc.
No change
40
$18,530,000 0.01%
Booking Holdings Inc
Closed
5
$18,140,000
Public Storage Oper Co
No change
59
$16,972,000 0.01%
Cadence Design System Inc
80.00%
54
$16,619,000 0.01%
Capital One Finl Corp
No change
110
$15,230,000 0.01%
Trade Desk Inc
No change
150
$14,651,000 0.01%
Pure Storage Inc
No change
225
$14,448,000 0.01%
Kohls Corp
No change
600
$13,794,000 0.01%
AeroVironment Inc.
No change
75
$13,662,000 0.01%
Teradyne, Inc.
No change
90
$13,347,000 0.01%
Salesforce Inc
98.98%
50
$12,855,000 0.01%
Marvell Technology Inc
No change
180
$12,582,000 0.01%
Dominion Energy Inc
No change
245
$12,005,000 0.01%
Datadog Inc
No change
92
$11,932,000 0.01%
Franco Nev Corp
Closed
100
$11,916,000
Confluent Inc
No change
400
$11,812,000 0.01%
Boeing Co.
Closed
60
$11,580,000
Novo-nordisk A S
No change
80
$11,420,000 0.01%
Markel Group Inc
No change
7
$11,030,000 0.01%
Lam Research Corp.
75.00%
10
$10,649,000 0.01%
Moodys Corp
No change
25
$10,524,000 0.01%
Legg Mason Etf Invt
Closed
200
$10,417,000
Snowflake Inc.
No change
71
$9,592,000 0.01%
XPO Inc
No change
90
$9,554,000 0.01%
Newmont Corp
No change
225
$9,421,000 0.01%
Autodesk Inc.
No change
38
$9,404,000 0.01%
Veeva Sys Inc
No change
50
$9,151,000 0.01%
Synopsys, Inc.
No change
15
$8,926,000 0.01%
Carmax Inc
Closed
97
$8,450,000
Electronic Arts, Inc.
No change
60
$8,360,000 0.00%
TE Connectivity Ltd
Closed
50
$7,262,000
Alibaba Group Hldg Ltd
No change
100
$7,200,000 0.00%
Nextracker Inc
59.38%
153
$7,173,000 0.00%
Toronto Dominion Bk Ont
Closed
110
$6,642,000
TotalEnergies SE
No change
99
$6,602,000 0.00%
Shopify Inc
No change
98
$6,473,000 0.00%
Las Vegas Sands Corp
Closed
125
$6,463,000
UiPath, Inc.
No change
500
$6,340,000 0.00%
NovoCure Ltd
Closed
400
$6,252,000
Colgate-Palmolive Co.
No change
64
$6,211,000 0.00%
Post Holdings Inc
No change
58
$6,042,000 0.00%
Bank America Corp
No change
145
$5,767,000 0.00%
Becton Dickinson Co
Closed
23
$5,692,000
Cognizant Technology Solutio
Closed
70
$5,131,000
Crowdstrike Holdings Inc
No change
13
$4,982,000 0.00%
Unilever plc
Closed
90
$4,518,000
Vanguard Bd Index Fds
No change
100
$7,580,000 0.00%
Schwab Strategic Tr
Closed
50
$3,799,000
Crown Castle Inc
99.25%
35
$3,420,000 0.00%
Halliburton Co.
No change
100
$3,378,000 0.00%
Select Sector Spdr Tr
Opened
37
$3,170,000 0.00%
AMGEN Inc.
No change
10
$3,125,000 0.00%
Exchange Traded Concepts Tru
Opened
60
$2,703,000 0.00%
Fidelity Covington Trust
No change
50
$2,472,000 0.00%
Liberty Broadband Corp
Closed
41
$2,342,000
Ishares Tr
Opened
12
$2,094,000 0.00%
Block Inc
Opened
30
$1,935,000 0.00%
EQT Corp
Opened
50
$1,849,000 0.00%
Petroleo Brasileiro Sa Petro
Closed
100
$1,521,000
Att Inc
Closed
83
$1,461,000
Vitesse Energy Inc
Closed
50
$1,187,000
Hain Celestial Group Inc
Closed
98
$771,000
Warner Bros.Discovery Inc
Closed
20
$175,000
Nokia Corp
Closed
15
$54,000
Embecta Corp
Closed
4
$54,000
No transactions found
Showing first 500 out of 262 holdings