Eastern Bank 13F annual report
Eastern Bank is an investment fund managing more than $2.48 trillion ran by Dorinne Abkarian. There are currently 157 companies in Mrs. Abkarian’s portfolio. The largest investments include Microsoft and NVIDIA Corp, together worth $234 billion.
$2.48 trillion Assets Under Management (AUM)
As of 16th July 2024, Eastern Bank’s top holding is 300,887 shares of Microsoft currently worth over $134 billion and making up 5.4% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Eastern Bank owns more than approximately 0.1% of the company.
In addition, the fund holds 808,275 shares of NVIDIA Corp worth $99.9 billion, whose value fell 79.4% in the past six months.
The third-largest holding is Spdr worth $194 billion and the next is Apple Inc worth $86.4 billion, with 410,032 shares owned.
Currently, Eastern Bank's portfolio is worth at least $2.48 trillion. 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 Eastern Bank
The Eastern Bank office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Dorinne Abkarian serves as the SENIOR VICE PRESIDENT at Eastern Bank.
Recent trades
In the most recent 13F filing, Eastern Bank revealed that it had opened a new position in
Uber and bought 199,499 shares worth $14.5 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
728,193 additional shares.
This makes their stake in NVIDIA Corp total 808,275 shares worth $99.9 billion.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Eastern Bank is getting rid of from its portfolio.
Eastern Bank closed its position in GE Aerospace on 23rd July 2024.
It sold the previously owned 5,854 shares for $1.03 billion.
Dorinne Abkarian also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $134 billion and 300,887 shares.
One of the largest hedge funds
The two most similar investment funds to Eastern Bank are Sprucegrove Investment Management Ltd and Scopus Asset Management, L.P.. They manage $2.47 trillion and $2.47 trillion respectively.
Dorinne Abkarian investment strategy
Eastern Bank’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 20.9% of
the total portfolio value.
The fund focuses on investments in the United States as
65.6% 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
63% of the total holdings value.
On the other hand, small-cap stocks make up only 0.6% of the portfolio.
The average market cap of the portfolio companies is close to $176 billion.
The complete list of Eastern Bank trades based on 13F SEC filings
These positions were updated on July 23rd 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 |
|---|---|---|---|
| Microsoft Corporation |
1.87%
300,887
|
$134,481,491,000 | 5.43% |
| NVIDIA Corp |
909.31%
808,275
|
$99,854,291,000 | 4.03% |
| Spdr |
0.36%
3,048,996
|
$193,651,437,000 | 7.82% |
| Apple Inc |
2.27%
410,032
|
$86,360,984,000 | 3.49% |
| Alphabet Inc |
1.79%
413,479
|
$75,335,665,000 | 3.04% |
| Amazon.com Inc. |
0.22%
332,437
|
$64,243,642,000 | 2.59% |
| Broadcom Inc |
0.23%
33,163
|
$53,244,257,000 | 2.15% |
| Invesco Ltd |
87.74%
503,760
|
$48,879,847,000 | 1.97% |
| I Shares |
0.06%
1,964,515
|
$95,036,238,000 | 3.84% |
|
6.98%
91,948
|
$46,362,032,000 | 1.87% | |
| Proshares |
2.32%
469,405
|
$45,123,940,000 | 1.82% |
| Walmart Inc |
0.03%
590,833
|
$40,005,325,000 | 1.62% |
| Ishares |
1.03%
1,464,417
|
$63,275,455,000 | 2.56% |
| Vanguard |
1.04%
1,172,704
|
$70,845,304,000 | 2.86% |
| J P Morgan Chase & Co |
3.31%
179,860
|
$36,378,496,000 | 1.47% |
| Unitedhealth Group Inc |
11.20%
66,593
|
$33,913,220,000 | 1.37% |
| Eli Lilly & Co |
1.76%
36,631
|
$33,165,042,000 | 1.34% |
| Invesco Bulletshares |
1.74%
14,388,203
|
$269,457,619,000 | 10.88% |
| Visa Inc |
0.88%
110,138
|
$28,907,943,000 | 1.17% |
| Merck |
14.41%
227,542
|
$28,169,684,000 | 1.14% |
| Eaton Corp Plc |
16.19%
87,433
|
$27,414,650,000 | 1.11% |
| Dimensional Us |
2.84%
900,762
|
$26,041,049,000 | 1.05% |
| Oracle Corp. |
0.85%
179,493
|
$25,344,403,000 | 1.02% |
| Applied Materials Inc. |
0.14%
102,687
|
$24,233,297,000 | 0.98% |
| Blackrock Inc. |
0.39%
30,388
|
$23,925,152,000 | 0.97% |
| Emerson Elec Co |
11.54%
208,480
|
$22,966,179,000 | 0.93% |
| Abbvie Inc |
2.63%
133,724
|
$22,936,343,000 | 0.93% |
| Boston Scientific Corp. |
23.53%
296,360
|
$22,822,649,000 | 0.92% |
| Chevron Corp. |
2.16%
141,052
|
$22,063,374,000 | 0.89% |
| Hartford Financial Services |
14.57%
210,718
|
$21,185,604,000 | 0.86% |
| Conocophillips |
17.49%
184,815
|
$21,139,160,000 | 0.85% |
| Honeywell Int'l Inc. |
0.35%
96,998
|
$20,712,970,000 | 0.84% |
| Analog Devices Inc. |
1.09%
90,674
|
$20,697,274,000 | 0.84% |
| Palo Alto Networks Inc |
14.12%
61,038
|
$20,692,315,000 | 0.84% |
| ServiceNow Inc |
0.30%
26,149
|
$20,570,591,000 | 0.83% |
| Pepsico Inc |
0.48%
122,633
|
$20,225,890,000 | 0.82% |
| Darden Restaurants, Inc. |
0.55%
132,973
|
$20,121,463,000 | 0.81% |
| Advanced Micro Devices Inc. |
14.30%
119,969
|
$19,460,212,000 | 0.79% |
| American Elec Power Co |
1.84%
215,479
|
$18,906,147,000 | 0.76% |
| NextEra Energy Inc |
257.59%
266,256
|
$18,853,575,000 | 0.76% |
| Air Products & Chemicals Inc. |
1.59%
70,561
|
$18,208,276,000 | 0.74% |
| American Express Co. |
132.63%
76,789
|
$17,780,562,000 | 0.72% |
| U.s. Bancorp New |
1.39%
431,635
|
$17,136,002,000 | 0.69% |
| Prologis Inc |
1.15%
146,783
|
$16,485,221,000 | 0.67% |
| Eastman Chemical Co |
0.26%
164,003
|
$16,067,398,000 | 0.65% |
| At & T Inc |
1.84%
832,211
|
$15,903,553,000 | 0.64% |
| Sysco Corp. |
0.13%
210,834
|
$15,051,475,000 | 0.61% |
| Pulte Homes Inc |
1.60%
134,946
|
$14,857,630,000 | 0.60% |
| Thermo Fisher Scientific Inc. |
0.40%
26,818
|
$14,830,354,000 | 0.60% |
| Ishares Core |
0.03%
86,626
|
$14,792,280,000 | 0.60% |
| Columbia Etf Trust Ii-columbia |
1.06%
460,009
|
$14,683,502,000 | 0.59% |
| Uber |
Opened
199,499
|
$14,499,625,000 | 0.59% |
| Marriott International, Inc. |
1.26%
59,963
|
$14,497,250,000 | 0.59% |
| Jacobs Solutions Inc |
1.02%
103,024
|
$14,393,482,000 | 0.58% |
| S&P Global Inc |
1.24%
32,252
|
$14,384,392,000 | 0.58% |
| Wisdomtree |
0.47%
276,139
|
$14,204,586,000 | 0.57% |
| Salesforce Inc |
0.97%
54,287
|
$13,957,265,000 | 0.56% |
| Netflix Inc. |
2.65%
18,837
|
$12,712,800,000 | 0.51% |
| IQVIA Holdings Inc |
0.42%
60,054
|
$12,697,841,000 | 0.51% |
| Equinix Inc |
1.66%
16,378
|
$12,391,642,000 | 0.50% |
| Oshkosh Corp |
16.66%
109,743
|
$11,874,203,000 | 0.48% |
| Ishares Esg |
91.80%
265,387
|
$10,501,363,000 | 0.42% |
| United Parcel Service, Inc. |
3.55%
73,550
|
$10,065,366,000 | 0.41% |
| Exxon Mobil Corp. |
8.21%
67,613
|
$7,783,608,000 | 0.31% |
| Ulta Beauty Inc |
0.70%
19,097
|
$7,368,960,000 | 0.30% |
| T Rowe Price |
0.16%
229,431
|
$7,206,431,000 | 0.29% |
| Procter & Gamble Co. |
2.73%
42,678
|
$7,038,454,000 | 0.28% |
| Mastercard Incorporated |
0.36%
14,034
|
$6,191,240,000 | 0.25% |
| Parker-Hannifin Corp. |
0.20%
11,803
|
$5,970,069,000 | 0.24% |
| Home Depot, Inc. |
15.55%
16,834
|
$5,794,928,000 | 0.23% |
| Costco Wholesale Corp |
1.95%
6,537
|
$5,556,386,000 | 0.22% |
| Nuveen Esg |
46.55%
147,711
|
$5,591,016,000 | 0.23% |
| Ecolab, Inc. |
1.41%
19,110
|
$4,548,180,000 | 0.18% |
| Bank America Corp |
0.07%
108,680
|
$4,322,206,000 | 0.17% |
| TJX Companies, Inc. |
0.11%
36,903
|
$4,063,037,000 | 0.16% |
| Cabot Corp. |
No change
39,770
|
$3,654,465,000 | 0.15% |
| Ameren Corp. |
73.24%
47,977
|
$3,411,660,000 | 0.14% |
| Abbott Laboratories |
3.96%
31,861
|
$3,310,671,000 | 0.13% |
| Adobe Inc |
3.07%
5,898
|
$3,276,575,000 | 0.13% |
| Verizon Communications Inc |
1.41%
78,478
|
$3,236,435,000 | 0.13% |
| State Street Corp. |
0.68%
41,706
|
$3,086,244,000 | 0.12% |
| Kla Instruments Corp |
0.17%
3,621
|
$2,985,589,000 | 0.12% |
| CVS Health Corp |
73.90%
46,287
|
$2,733,722,000 | 0.11% |
| Marathon Pete Corp |
0.33%
14,664
|
$2,543,911,000 | 0.10% |
| Cdw Corp/de |
2.91%
10,014
|
$2,241,535,000 | 0.09% |
| Johnson & Johnson |
25.87%
14,953
|
$2,185,536,000 | 0.09% |
| Union Pacific Corp. |
0.26%
9,654
|
$2,184,322,000 | 0.09% |
| Hunt (jb)transport Svcs Inc |
0.09%
13,094
|
$2,095,040,000 | 0.08% |
| Spdr |
Opened
17,026
|
$2,074,973,000 | 0.08% |
| Pnc Bank Corp |
12.39%
12,540
|
$1,949,709,000 | 0.08% |
| Cisco Systems, Inc. |
0.35%
38,019
|
$1,806,281,000 | 0.07% |
| Kinder Morgan Inc |
0.33%
86,032
|
$1,709,460,000 | 0.07% |
| Moderna Inc |
No change
14,244
|
$1,691,476,000 | 0.07% |
| Zoetis Inc |
0.20%
9,556
|
$1,656,628,000 | 0.07% |
| Prudential Financial, Inc. |
0.40%
13,627
|
$1,596,951,000 | 0.06% |
| Ross Stores, Inc. |
No change
10,700
|
$1,554,924,000 | 0.06% |
| Royal Pharma |
0.73%
56,488
|
$1,489,593,000 | 0.06% |
| Synopsys, Inc. |
No change
2,385
|
$1,419,218,000 | 0.06% |
| Caterpillar Inc. |
2.39%
4,080
|
$1,359,047,000 | 0.05% |
| Mcdonald's Corp |
4.58%
5,187
|
$1,321,857,000 | 0.05% |
| P P G Industries |
2.57%
10,499
|
$1,321,728,000 | 0.05% |
| Berkshire Hathaway Inc. |
No change
3,154
|
$1,283,047,000 | 0.05% |
| Insulet Corporation |
86.69%
6,113
|
$1,233,603,000 | 0.05% |
| American Tower Reit |
No change
6,000
|
$1,166,280,000 | 0.05% |
| GE Aerospace |
Closed
5,854
|
$1,027,514,000 | |
| Intuitive Surgical Inc |
No change
2,240
|
$996,465,000 | 0.04% |
| Global Payments, Inc. |
87.56%
9,650
|
$933,160,000 | 0.04% |
| Tesla Inc |
92.05%
4,635
|
$917,178,000 | 0.04% |
| Danaher Corp. |
5.37%
3,523
|
$880,220,000 | 0.04% |
| Accenture plc |
0.79%
2,888
|
$876,248,000 | 0.04% |
| Boeing Co. |
6.14%
4,772
|
$868,553,000 | 0.04% |
| Intuit Inc |
0.76%
1,302
|
$855,688,000 | 0.03% |
| Walt Disney Productions |
17.66%
7,722
|
$766,719,000 | 0.03% |
| Coca-Cola Co |
No change
11,365
|
$723,383,000 | 0.03% |
| Pioneer Natural Res Co |
Closed
2,725
|
$715,313,000 | |
| Lululemon |
No change
2,300
|
$687,010,000 | 0.03% |
| I Shares |
Closed
8,263
|
$642,283,000 | |
| Asml Holdings |
3.89%
618
|
$632,047,000 | 0.03% |
| Intel Corp. |
5.04%
20,189
|
$625,253,000 | 0.03% |
| Automatic Data Processing Inc. |
No change
2,594
|
$619,164,000 | 0.03% |
| AMGEN Inc. |
5.69%
1,907
|
$595,842,000 | 0.02% |
| Goldman Sachs Group, Inc. |
No change
1,274
|
$576,256,000 | 0.02% |
| Dexcom Inc |
No change
4,590
|
$520,414,000 | 0.02% |
| Pfizer Inc. |
12.50%
18,484
|
$517,182,000 | 0.02% |
| Autodesk Inc. |
1.22%
2,021
|
$500,096,000 | 0.02% |
| RTX Corp |
17.70%
4,909
|
$492,816,000 | 0.02% |
| Align Technology, Inc. |
No change
2,000
|
$482,860,000 | 0.02% |
| Allstate Corp (The) |
21.35%
2,966
|
$473,554,000 | 0.02% |
| Northrop Grumman Corp. |
17.87%
1,034
|
$450,773,000 | 0.02% |
| Kimberly-Clark Corp. |
No change
3,224
|
$445,556,000 | 0.02% |
| Comcast Corp New Cl A |
11.52%
10,332
|
$404,602,000 | 0.02% |
| Paychex Inc. |
No change
3,311
|
$392,553,000 | 0.02% |
| Deere & Co. |
11.73%
1,031
|
$385,215,000 | 0.02% |
| Ford Motor Co. |
Closed
28,758
|
$381,906,000 | |
| Nike, Inc. |
No change
4,997
|
$376,624,000 | 0.02% |
| Motorola |
10.03%
969
|
$374,083,000 | 0.02% |
| Monster |
No change
7,306
|
$364,935,000 | 0.01% |
| Bp Plc-spons Adr |
No change
10,000
|
$361,000,000 | 0.01% |
| Grainger W.w. |
No change
400
|
$360,896,000 | 0.01% |
| Lam Research Corp. |
No change
337
|
$358,854,000 | 0.01% |
| Burlington Stores Inc |
39.19%
1,336
|
$320,640,000 | 0.01% |
| Eversource Energy Npv |
2.04%
5,584
|
$316,669,000 | 0.01% |
| Stryker Corp. |
29.25%
902
|
$306,907,000 | 0.01% |
| 3M Co. |
Closed
2,847
|
$301,981,000 | |
| Collegium Pharmaceutical Inc |
No change
9,335
|
$300,587,000 | 0.01% |
| General Mills, Inc. |
6.71%
4,627
|
$292,704,000 | 0.01% |
| Morgan Stanley |
12.95%
2,782
|
$270,383,000 | 0.01% |
| Booking Holdings Inc |
1.45%
68
|
$269,382,000 | 0.01% |
| I B M Corp |
No change
1,504
|
$260,117,000 | 0.01% |
| Becton Dickinson Co |
1.29%
995
|
$232,542,000 | 0.01% |
| Target Corp |
31.52%
1,564
|
$231,533,000 | 0.01% |
| Bristol-Myers Squibb Co. |
6.72%
5,555
|
$230,701,000 | 0.01% |
| Nucor Corp. |
No change
1,458
|
$230,481,000 | 0.01% |
| Xcel Energy Inc. |
1.83%
4,302
|
$229,770,000 | 0.01% |
| Masco Corp. |
Closed
2,851
|
$224,887,000 | |
| Crown Castle Inc |
Closed
2,112
|
$223,513,000 | |
| Qualcomm, Inc. |
Opened
1,112
|
$221,488,000 | 0.01% |
| Starbucks Corp. |
1.27%
2,790
|
$217,202,000 | 0.01% |
| Corteva Inc |
Closed
3,737
|
$215,512,000 | |
| Metlife Inc |
0.45%
3,067
|
$215,273,000 | 0.01% |
| Charles Schwab Corp. |
Closed
2,950
|
$213,403,000 | |
| Intercontinental Exchange Inc |
30.07%
1,556
|
$213,001,000 | 0.01% |
| Independent Bank Corp. |
No change
4,189
|
$212,467,000 | 0.01% |
| Genuine Parts Co. |
2.51%
1,512
|
$209,140,000 | 0.01% |
| Fortinet Inc |
Closed
3,000
|
$204,930,000 | |
| Polaris Industries Inc |
No change
2,600
|
$203,606,000 | 0.01% |
| Information Atchitects Software |
No change
250,000
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 167 holdings | |||
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