Every quarter Lumida Wealth presents a visual summary of the 45+ hedge funds we track every quarter that shape the future investing trends.
Enjoy the visual summary below or Check out the full data along with Ram’s insights in spreadsheet format here.
Please note:
– AUM indicates assets under management in managed 13F securities only, the overall AUM due to other positions (Debt, options etc) may be higher.
– Color intensity indicates relative weight.
– Individual stock Rectangles optimized for mobile readability and are not to scale
– Percentages are rounded to nearest decimal and indicate current portfolio weights
– We have prioritized top 5 stock positions wherever available.
– Each manager has a summary, sector analysis and legend for stock information.
Compliance Disclaimer: The information is for general informational purposes only and does not constitute investment advice. Past performance is not indicative of future results, and investments in hedge funds carry risks, including the potential loss of principal. We recommend that you seek independent financial advice before making any investment decisions.
Data Sources: Hedgefollow, Whalewisdom, Lumida analysis
Summary Overview:
GQG Partners LLC, under the leadership of Rajiv Jain, maintains a strong focus on technology and healthcare sectors. The fund’s top holdings are characterized by significant investments in leading tech companies and pharmaceutical giants, with recent additions indicating a strategic diversification.
3 sector-specific insights:
- The fund’s top holdings emphasize a strong commitment to the technology sector, with substantial positions in NVIDIA and Meta Platforms.
- New investments in consumer goods and energy sectors suggest a diversification strategy.
- The reduction in major tech stocks like Microsoft and Amazon may reflect profit-taking or portfolio rebalancing.
Top 5 holdings:
- LLY (Eli Lilly and Company): Healthcare sector, focuses on the discovery, development, and marketing of pharmaceutical products.
- PM (Philip Morris International Inc.): Consumer goods sector, engages in the manufacture and sale of cigarettes and other nicotine-containing products.
- AVGO (Broadcom Inc.): Technology sector, designs, develops, and supplies a broad range of semiconductor and infrastructure software solutions.
- META (Meta Platforms, Inc.): Technology sector, operates social media platforms and is involved in virtual reality and digital advertising.
- NVDA (NVIDIA Corporation): Technology sector, designs and manufactures graphics processing units (GPUs) for gaming and professional markets, and system on a chip units (SoCs) for the mobile computing and automotive market.
New Holdings:
- QCOM (Qualcomm Incorporated): Technology sector, engages in the development and commercialization of foundational technologies for the wireless industry.
- KO (The Coca-Cola Company): Consumer goods sector, a leading beverage company with a global presence.
- GOOG (Alphabet Inc.): Technology sector, provides a wide range of products and services, including search, advertising, operating systems, and hardware.
- ENB (Enbridge Inc.): Energy sector, focuses on the transportation and distribution of crude oil and natural gas.
- AAPL (Apple Inc.): Technology sector, designs, manufactures, and markets consumer electronics, software, and services.
Reduced Holdings:
- V (Visa Inc.): Financial sector, operates a global payments technology network.
- AMZN (Amazon.com, Inc.): Consumer discretionary sector, engages in e-commerce, cloud computing, digital streaming, and artificial intelligence.
- MSFT (Microsoft Corporation): Technology sector, develops, licenses, and supports a wide range of software products, services, and devices.
- META (Meta Platforms, Inc.): Technology sector, operates social media platforms and is involved in virtual reality and digital advertising.
- NVDA (NVIDIA Corporation): Technology sector, designs and manufactures graphics processing units (GPUs) for gaming and professional markets, and system on a chip units (SoCs) for the mobile computing and automotive market.
Peconic Partners: William Harnisch
