Zhang 13F annual report
Zhang is an investment fund managing more than $1.43 trillion ran by Lynn Chen-zhang. There are currently 206 companies in Mrs. Chen-zhang’s portfolio. The largest investments include Vanguard Index Fds and Vanguard Sp, together worth $265 billion.
$1.43 trillion Assets Under Management (AUM)
As of 12th July 2024, Zhang’s top holding is 480,771 shares of Vanguard Index Fds currently worth over $129 billion and making up 9.0% of the portfolio value.
In addition, the fund holds 331,469 shares of Vanguard Sp worth $136 billion.
The third-largest holding is Dimensional Us worth $218 billion and the next is Ishares Core worth $103 billion, with 825,413 shares owned.
Currently, Zhang's portfolio is worth at least $1.43 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 Zhang
The Zhang office and employees reside in Portage, Michigan. According to the last 13-F report filed with the SEC, Lynn Chen-zhang serves as the Chief Compliance Officer at Zhang.
Recent trades
In the most recent 13F filing, Zhang revealed that it had opened a new position in
Dell Technologies Inc and bought 5,271 shares worth $727 million.
This means they effectively own approximately 0.1% of the company.
Dell Technologies Inc makes up
1.1%
of the fund's Technology sector allocation and has grown its share price by 130.8% in the past year.
The investment fund also strengthened its position in Vanguard Sp by buying
41,754 additional shares.
This makes their stake in Vanguard Sp total 331,469 shares worth $136 billion.
On the other hand, there are companies that Zhang is getting rid of from its portfolio.
Zhang closed its position in CVS Health Corp on 19th July 2024.
It sold the previously owned 7,210 shares for $575 million.
Lynn Chen-zhang also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $129 billion and 480,771 shares.
One of the largest hedge funds
The two most similar investment funds to Zhang are Gm Advisory and Regal Investment Advisors. They manage $1.43 trillion and $1.43 trillion respectively.
Lynn Chen-zhang investment strategy
Zhang’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 4.6% of
the total portfolio value.
The fund focuses on investments in the United States as
42.7% 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
38% of the total holdings value.
On the other hand, small-cap stocks make up only 1.9% of the portfolio.
The average market cap of the portfolio companies is close to $164 billion.
The complete list of Zhang trades based on 13F SEC filings
These positions were updated on July 19th 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 |
|---|---|---|---|
| Vanguard Index Fds |
1.66%
480,771
|
$128,611,180,000 | 9.01% |
| Vanguard Sp |
14.41%
331,469
|
$136,092,144,000 | 9.53% |
| Dimensional Us |
11.93%
5,176,176
|
$218,021,464,000 | 15.27% |
| Ishares Core |
0.99%
825,413
|
$102,657,162,000 | 7.19% |
| Vanguard Star Fds |
7.44%
1,096,350
|
$66,109,898,000 | 4.63% |
| Vanguard Intl Equity Index F |
3.02%
738,563
|
$68,725,562,000 | 4.81% |
| Vanguard Small |
1.11%
249,801
|
$45,835,786,000 | 3.21% |
| Dimensional Etf Trust |
3.66%
1,562,631
|
$49,383,851,000 | 3.46% |
| Apple Inc |
0.39%
197,964
|
$41,695,245,000 | 2.92% |
| Vanguard High |
5.23%
254,488
|
$30,182,204,000 | 2.11% |
| Microsoft Corporation |
0.64%
57,674
|
$25,777,452,000 | 1.81% |
| Stryker Corp. |
0.63%
72,916
|
$24,809,549,000 | 1.74% |
| Vanguard Total |
6.69%
314,346
|
$22,648,623,000 | 1.59% |
| Ishares Gold |
2.76%
492,723
|
$21,645,322,000 | 1.52% |
| Bny Mellon |
2.52%
284,825
|
$26,065,832,000 | 1.83% |
| Ishares Russell |
2.56%
129,776
|
$22,019,779,000 | 1.54% |
| Vanguard Mid |
7.80%
65,071
|
$15,108,538,000 | 1.06% |
| Avantis U S |
7.13%
164,507
|
$14,829,492,000 | 1.04% |
| Avantis Intl |
4.56%
170,815
|
$10,634,966,000 | 0.75% |
| Spdr Portfolio |
6.92%
587,134
|
$23,785,236,000 | 1.67% |
| Berkshire Hathaway Inc. |
0.12%
24,303
|
$11,721,965,000 | 0.82% |
| Schwab Strategic Tr |
0.36%
152,938
|
$9,615,203,000 | 0.67% |
| NVIDIA Corp |
949.14%
76,440
|
$9,443,462,000 | 0.66% |
| Vanguard Value |
0.75%
57,586
|
$9,237,485,000 | 0.65% |
| Spdr Sp 500 Etf Tr |
15.94%
16,435
|
$8,944,429,000 | 0.63% |
| Amazon.com Inc. |
4.35%
45,263
|
$8,747,014,000 | 0.61% |
| Ishares Bitcoin Tr |
213.87%
253,683
|
$8,660,739,000 | 0.61% |
| Alphabet Inc |
2.25%
57,521
|
$10,494,463,000 | 0.74% |
| Schwab Intl |
6.97%
207,260
|
$7,962,936,000 | 0.56% |
| Vanguard Tax-managed Intl Fd |
26.47%
135,054
|
$6,674,335,000 | 0.47% |
| Ishares Short |
0.08%
55,909
|
$5,845,315,000 | 0.41% |
| Facebook Inc |
3.33%
10,717
|
$5,403,434,000 | 0.38% |
| Vanguard Real |
12.84%
59,126
|
$4,952,382,000 | 0.35% |
| World Gold |
2.38%
107,067
|
$4,934,718,000 | 0.35% |
| Vanguard Mega |
4.53%
67,252
|
$12,436,113,000 | 0.87% |
| Applied Industrial Tech |
No change
24,293
|
$4,712,847,000 | 0.33% |
| AMGEN Inc. |
1.09%
14,950
|
$4,671,159,000 | 0.33% |
| Ishares Msci |
0.25%
169,093
|
$10,010,900,000 | 0.70% |
| Procter Gamble |
1.28%
24,533
|
$4,046,059,000 | 0.28% |
| Ishares National |
7.13%
37,738
|
$4,021,007,000 | 0.28% |
| Vanguard Russell |
0.72%
84,600
|
$9,732,815,000 | 0.68% |
| Vanguard Growth |
No change
10,106
|
$3,779,735,000 | 0.26% |
| Broadcom Inc. |
1.22%
2,234
|
$3,585,940,000 | 0.25% |
| Zoetis Inc |
2.73%
19,671
|
$3,410,157,000 | 0.24% |
| Hf Foods |
No change
1,110,712
|
$3,332,136,000 | 0.23% |
| Pepsico Inc |
0.42%
18,920
|
$3,120,449,000 | 0.22% |
| Intl Business |
18.20%
17,317
|
$2,994,959,000 | 0.21% |
| Micron Technology Inc. |
0.12%
22,539
|
$2,964,556,000 | 0.21% |
| Vanguard Information |
0.90%
4,933
|
$2,844,759,000 | 0.20% |
| KLA Corp. |
2.03%
3,367
|
$2,776,072,000 | 0.19% |
| Caterpillar Inc. |
2.19%
8,195
|
$2,729,535,000 | 0.19% |
| Ishares Tips |
7.36%
24,389
|
$2,604,207,000 | 0.18% |
| Honeywell Intl |
0.04%
12,004
|
$2,563,397,000 | 0.18% |
| Vanguard Specialized Funds |
0.35%
13,979
|
$2,551,866,000 | 0.18% |
| Mckesson Corporation |
7.35%
4,223
|
$2,466,401,000 | 0.17% |
| Schwab Us |
14.96%
91,270
|
$6,044,938,000 | 0.42% |
| Ishares Select |
No change
19,217
|
$2,324,927,000 | 0.16% |
| Vanguard International |
5.84%
33,895
|
$2,322,803,000 | 0.16% |
| Merck Company |
2.23%
18,706
|
$2,315,828,000 | 0.16% |
| Jpmorgan Chase |
2.64%
11,390
|
$2,303,786,000 | 0.16% |
| Abbvie Inc |
10.39%
12,598
|
$2,160,703,000 | 0.15% |
| Apollo Global |
3.06%
18,267
|
$2,156,763,000 | 0.15% |
| Vanguard Short |
4.91%
26,554
|
$2,051,920,000 | 0.14% |
| Ford Motor Co. |
0.02%
158,433
|
$1,986,747,000 | 0.14% |
| Cisco Systems, Inc. |
11.86%
41,070
|
$1,951,248,000 | 0.14% |
| American Express Co. |
15.43%
8,349
|
$1,933,274,000 | 0.14% |
| Booking Holdings Inc |
15.17%
463
|
$1,835,641,000 | 0.13% |
| Vertex Pharmaceuticals, Inc. |
3.52%
3,908
|
$1,831,758,000 | 0.13% |
| Vanguard Extended |
7.03%
10,699
|
$1,805,866,000 | 0.13% |
| Goldman Sachs |
14.86%
3,973
|
$1,796,751,000 | 0.13% |
| Dimensional Emerging |
9.01%
64,579
|
$1,670,661,000 | 0.12% |
| Lowes Companies |
0.61%
7,549
|
$1,664,057,000 | 0.12% |
| Eli Lilly |
5.92%
1,797
|
$1,627,351,000 | 0.11% |
| Kadant, Inc. |
No change
5,516
|
$1,620,490,000 | 0.11% |
| Ishares U S |
No change
15,450
|
$1,561,377,000 | 0.11% |
| Adobe Inc |
18.18%
2,763
|
$1,534,958,000 | 0.11% |
| Johnson Johnson |
2.00%
10,481
|
$1,531,807,000 | 0.11% |
| Vanguard Ftse |
0.87%
32,200
|
$2,685,261,000 | 0.19% |
| Applied Materials Inc. |
5.14%
6,356
|
$1,499,997,000 | 0.11% |
| Home Depot, Inc. |
0.86%
4,324
|
$1,488,501,000 | 0.10% |
| Exxon Mobil Corp. |
0.58%
12,705
|
$1,462,616,000 | 0.10% |
| Eaton Corp |
0.30%
4,654
|
$1,459,262,000 | 0.10% |
| Visa Inc |
0.97%
5,511
|
$1,446,364,000 | 0.10% |
| Sector Technology |
No change
6,214
|
$1,405,811,000 | 0.10% |
| Blackstone Inc |
4.74%
10,301
|
$1,275,284,000 | 0.09% |
| Ishares Sp |
0.06%
24,037
|
$2,736,219,000 | 0.19% |
| Ameriprise Financial Inc |
7.35%
2,876
|
$1,228,656,000 | 0.09% |
| Lci Inds |
No change
11,844
|
$1,224,433,000 | 0.09% |
| Marathon Petroleum Corp |
10.65%
7,002
|
$1,214,749,000 | 0.09% |
| Linde Plc. |
0.70%
2,736
|
$1,200,594,000 | 0.08% |
| Tesla Inc |
4.76%
6,048
|
$1,196,780,000 | 0.08% |
| Spdr Sp |
No change
2,224
|
$1,190,018,000 | 0.08% |
| Philip Morris International Inc |
1.11%
11,697
|
$1,185,268,000 | 0.08% |
| Kellogg Co |
5.30%
20,189
|
$1,164,492,000 | 0.08% |
| MercadoLibre Inc |
1.73%
706
|
$1,160,240,000 | 0.08% |
| Kkr Co |
7.18%
10,615
|
$1,117,170,000 | 0.08% |
| Spdr Series |
1.28%
15,774
|
$1,366,819,000 | 0.10% |
| Blackrock Ultra |
14.38%
22,051
|
$1,114,217,000 | 0.08% |
| Qualcomm, Inc. |
4.60%
5,506
|
$1,096,698,000 | 0.08% |
| Dow Inc |
4.78%
20,303
|
$1,077,074,000 | 0.08% |
| Mondelez International Inc. |
0.63%
16,323
|
$1,068,164,000 | 0.07% |
| Salesforce.com Inc |
18.36%
3,803
|
$977,663,000 | 0.07% |
| Nxp Semiconductors |
9.21%
3,580
|
$963,473,000 | 0.07% |
| Ubs Group |
6.81%
32,000
|
$945,276,000 | 0.07% |
| Oracle Corp. |
7.82%
6,381
|
$900,970,000 | 0.06% |
| Spdr Dow |
No change
2,303
|
$900,772,000 | 0.06% |
| Dimensional World |
28.54%
34,945
|
$888,295,000 | 0.06% |
| Pfizer Inc. |
30.95%
31,468
|
$880,476,000 | 0.06% |
| Costco Wholesale Corp |
1.39%
1,024
|
$870,167,000 | 0.06% |
| Ishares 1-3yr |
4.35%
10,343
|
$844,490,000 | 0.06% |
| Altria Group Inc. |
0.78%
18,252
|
$831,360,000 | 0.06% |
| Nucor Corp. |
No change
5,185
|
$819,645,000 | 0.06% |
| Schwab Aggregate |
5.16%
17,549
|
$799,879,000 | 0.06% |
| Gilead Sciences, Inc. |
23.51%
11,635
|
$798,307,000 | 0.06% |
| Vanguard Intermediate |
0.02%
25,787
|
$1,775,547,000 | 0.12% |
| Vanguard Large |
1.53%
3,087
|
$770,578,000 | 0.05% |
| Balchem Corp. |
No change
5,000
|
$769,750,000 | 0.05% |
| Mcdonalds Corp |
0.37%
2,937
|
$748,523,000 | 0.05% |
| Deere Co |
16.60%
1,960
|
$732,458,000 | 0.05% |
| Dell Technologies Inc |
Opened
5,271
|
$726,936,000 | 0.05% |
| Blackrock Inc. |
1.36%
895
|
$704,836,000 | 0.05% |
| Mastercard Incorporated |
0.19%
1,590
|
$701,405,000 | 0.05% |
| Walmart Inc |
6.25%
10,071
|
$681,905,000 | 0.05% |
| Skyline Champion Corp |
No change
10,000
|
$677,500,000 | 0.05% |
| Vanguard Municipal |
36.84%
13,410
|
$671,969,000 | 0.05% |
| Dollar Genl |
0.46%
5,056
|
$668,555,000 | 0.05% |
| Coca-Cola Co |
9.47%
9,798
|
$623,622,000 | 0.04% |
| Prudential Financial, Inc. |
0.06%
5,260
|
$616,446,000 | 0.04% |
| Autodesk Inc. |
43.07%
2,485
|
$614,913,000 | 0.04% |
| CVS Health Corp |
Closed
7,210
|
$575,084,000 | |
| Apogee Enterprises Inc. |
No change
9,143
|
$574,499,000 | 0.04% |
| First Solar Inc |
No change
2,500
|
$563,650,000 | 0.04% |
| Illinois Tool |
5.75%
2,262
|
$536,092,000 | 0.04% |
| Vanguard Health |
5.46%
2,010
|
$534,541,000 | 0.04% |
| Corteva Inc |
0.05%
9,860
|
$531,847,000 | 0.04% |
| Chevron Corp. |
2.58%
3,367
|
$526,614,000 | 0.04% |
| Kimberly-Clark Corp. |
4.88%
3,797
|
$524,745,000 | 0.04% |
| Carlyle Group |
0.09%
12,939
|
$519,521,000 | 0.04% |
| Fortinet Inc |
No change
8,431
|
$508,137,000 | 0.04% |
| Dimensional Intl |
22.53%
13,959
|
$501,688,000 | 0.04% |
| Hershey Company |
1.12%
2,713
|
$498,731,000 | 0.03% |
| Target Corp |
16.62%
3,347
|
$495,514,000 | 0.03% |
| Invesco Nasdaq |
1.21%
2,504
|
$493,604,000 | 0.03% |
| Dupont De |
16.77%
6,098
|
$490,828,000 | 0.03% |
| Airbnb, Inc. |
10.72%
3,234
|
$490,371,000 | 0.03% |
| Sherwin-Williams Co. |
0.06%
1,629
|
$486,152,000 | 0.03% |
| American Century |
0.07%
9,630
|
$480,612,000 | 0.03% |
| Sector Financial |
0.02%
11,542
|
$474,510,000 | 0.03% |
| Vanguard Industrials |
No change
1,990
|
$468,088,000 | 0.03% |
| Shopify Inc |
No change
6,971
|
$460,435,000 | 0.03% |
| Qorvo Inc |
No change
3,852
|
$446,986,000 | 0.03% |
| Ishares Russ |
No change
3,645
|
$440,097,000 | 0.03% |
| Comcast Corp |
57.94%
11,175
|
$437,602,000 | 0.03% |
| Danaher Corp. |
1.77%
1,719
|
$429,518,000 | 0.03% |
| Invesco Sp |
0.01%
20,110
|
$1,014,427,000 | 0.07% |
| General Mills, Inc. |
No change
6,569
|
$415,583,000 | 0.03% |
| City Holding Co. |
Opened
3,773
|
$400,881,000 | 0.03% |
| Lam Research Corp. |
1.34%
367
|
$390,803,000 | 0.03% |
| Southern Company |
0.86%
4,948
|
$383,790,000 | 0.03% |
| MetLife, Inc. |
1.21%
5,285
|
$370,972,000 | 0.03% |
| Allstate Corp (The) |
No change
2,305
|
$368,016,000 | 0.03% |
| Novo Nordisk |
2.30%
2,537
|
$362,130,000 | 0.03% |
| Abbott Laboratories |
0.12%
3,404
|
$353,704,000 | 0.02% |
| Bank America |
0.36%
8,573
|
$340,934,000 | 0.02% |
| Vanguard Esg |
No change
7,122
|
$537,221,000 | 0.04% |
| NextEra Energy Inc |
2.24%
4,427
|
$313,498,000 | 0.02% |
| Enlink Midstream LLC |
Opened
22,753
|
$313,081,000 | 0.02% |
| Teva Pharmaceutical |
26.92%
19,000
|
$308,750,000 | 0.02% |
| Ishares Silver |
Opened
11,519
|
$306,060,000 | 0.02% |
| Schwab Emerging |
No change
11,458
|
$304,330,000 | 0.02% |
| Morgan Stanley |
2.11%
3,094
|
$300,720,000 | 0.02% |
| Unitedhealth Group Inc |
4.24%
565
|
$287,596,000 | 0.02% |
| Vaneck Vectors |
7.20%
1,087
|
$283,382,000 | 0.02% |
| Steelcase, Inc. |
No change
21,531
|
$279,042,000 | 0.02% |
| Spdr Gold |
No change
1,295
|
$278,438,000 | 0.02% |
| First Merchants Corp. |
No change
8,258
|
$274,909,000 | 0.02% |
| Invesco Exchange |
No change
4,227
|
$274,544,000 | 0.02% |
| Boeing Co. |
0.33%
1,499
|
$272,832,000 | 0.02% |
| Doximity, Inc. |
Closed
10,000
|
$269,100,000 | |
| Cummins Inc. |
8.04%
967
|
$267,792,000 | 0.02% |
| Owens Minor Inc New |
Closed
9,433
|
$261,388,000 | |
| Valero Energy Corp. |
No change
1,653
|
$259,124,000 | 0.02% |
| Netflix Inc. |
Opened
374
|
$252,405,000 | 0.02% |
| Murphy USA Inc |
No change
529
|
$248,345,000 | 0.02% |
| Sanofi |
No change
5,000
|
$242,599,000 | 0.02% |
| State Street Corp. |
No change
3,247
|
$240,278,000 | 0.02% |
| O Reilly Automotive |
No change
226
|
$238,669,000 | 0.02% |
| Intel Corp. |
Closed
5,391
|
$238,134,000 | |
| Quest Diagnostics, Inc. |
No change
1,733
|
$237,213,000 | 0.02% |
| Worthington Industries |
No change
5,000
|
$236,650,000 | 0.02% |
| Etf Ser Solutions |
No change
5,489
|
$234,695,000 | 0.02% |
| Raytheon Technologies |
2.27%
2,294
|
$230,339,000 | 0.02% |
| Starbucks Corp. |
23.36%
2,891
|
$225,066,000 | 0.02% |
| Palo Alto |
Closed
790
|
$224,464,000 | |
| Ishares Semiconductor |
Opened
904
|
$222,953,000 | 0.02% |
| Viatris Inc. |
35.13%
20,854
|
$221,680,000 | 0.02% |
| Avery Dennison Corp. |
0.20%
1,007
|
$220,181,000 | 0.02% |
| Tjx Cos |
4.96%
1,994
|
$219,572,000 | 0.02% |
| Wells Fargo |
Opened
3,674
|
$218,183,000 | 0.02% |
| Coca-Cola Consolidated Inc |
Opened
200
|
$217,000,000 | 0.02% |
| Materion Corp |
No change
2,000
|
$216,260,000 | 0.02% |
| Tyson Foods, Inc. |
No change
3,700
|
$211,418,000 | 0.01% |
| Vanguard Financials |
Opened
2,114
|
$211,146,000 | 0.01% |
| Bristol Myers |
Closed
3,884
|
$210,630,000 | |
| Thermo Fisher |
3.36%
374
|
$206,822,000 | 0.01% |
| Grainger W W |
Closed
203
|
$206,519,000 | |
| Walt Disney |
5.70%
2,078
|
$206,323,000 | 0.01% |
| Norfolk Southern Corp. |
5.44%
949
|
$203,844,000 | 0.01% |
| Grayscale Bitcoin Tr Btc |
95.50%
3,819
|
$203,324,000 | 0.01% |
| Paychex Inc. |
36.78%
1,690
|
$200,367,000 | 0.01% |
| Polaris Inc |
Closed
2,000
|
$200,240,000 | |
| The Shyft Group, Inc. |
47.54%
11,216
|
$133,026,000 | 0.01% |
| Calamos Convertible |
No change
11,845
|
$132,190,000 | 0.01% |
| Tiziana Life |
7.35%
55,887
|
$51,361,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 214 holdings | |||
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