Violich Capital Management 13F annual report

Violich Capital Management is an investment fund managing more than $740 million ran by Eva Czubak. There are currently 109 companies in Mrs. Czubak’s portfolio. The largest investments include Microsoft and Alphabet Inc, together worth $149 million.

Limited to 30 biggest holdings

$740 million Assets Under Management (AUM)

As of 18th July 2024, Violich Capital Management’s top holding is 185,218 shares of Microsoft currently worth over $82.8 million and making up 11.2% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Violich Capital Management owns more than approximately 0.1% of the company. In addition, the fund holds 361,375 shares of Alphabet Inc worth $66.3 million, whose value grew 19.6% in the past six months. The third-largest holding is Alphabet Inc worth $59.9 million and the next is Apple Inc worth $55.8 million, with 264,781 shares owned.

Currently, Violich Capital Management's portfolio is worth at least $740 million. 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 Violich Capital Management

The Violich Capital Management office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Eva Czubak serves as the Operations at Violich Capital Management.

Recent trades

In the most recent 13F filing, Violich Capital Management revealed that it had opened a new position in Goldman Sachs and bought 4,450 shares worth $2.01 million. This means they effectively own approximately 0.1% of the company. Goldman Sachs makes up 2.8% of the fund's Finance sector allocation and has grown its share price by 36.7% in the past year.

The investment fund also strengthened its position in Microsoft by buying 2,107 additional shares. This makes their stake in Microsoft total 185,218 shares worth $82.8 million. Microsoft soared 24.5% in the past year.

On the other hand, there are companies that Violich Capital Management is getting rid of from its portfolio. Violich Capital Management closed its position in Freeport-McMoRan Inc on 25th July 2024. It sold the previously owned 34,000 shares for $1.6 million. Eva Czubak also disclosed a decreased stake in Apple Inc by approximately 0.1%. This leaves the value of the investment at $55.8 million and 264,781 shares.

One of the smallest hedge funds

The two most similar investment funds to Violich Capital Management are Glg Partners and Ally Invest Advisors. They manage $740 million and $738 million respectively.


Eva Czubak investment strategy

Violich Capital Management’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Technology — making up 36.3% of the total portfolio value. The fund focuses on investments in the United States as 61.5% 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 59% of the total holdings value. On the other hand, small-cap stocks make up only 1.8% of the portfolio. The average market cap of the portfolio companies is close to $225 billion.

The complete list of Violich Capital Management trades based on 13F SEC filings

These positions were updated on July 25th 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
1.15%
185,218
$82,783,000 11.19%
Alphabet Inc
0.01%
361,375
$66,283,000 8.96%
Alphabet Inc
1.47%
328,940
$59,916,000 8.10%
Apple Inc
7.18%
264,781
$55,768,000 7.54%
Costco Wholesale Corp
0.72%
61,742
$52,480,000 7.09%
Visa Inc
1.58%
145,544
$38,201,000 5.16%
Oracle Corp.
3.13%
208,946
$29,503,000 3.99%
Berkshire Hathaway Inc.
2.22%
49,500
$20,137,000 2.72%
Abbvie Inc
0.90%
116,486
$19,980,000 2.70%
Unitedhealth Group Inc
3.56%
37,115
$18,901,000 2.55%
Bhp Billiton Ltd Spon Adr
10.69%
258,223
$14,742,000 1.99%
Pepsico Inc
2.65%
88,367
$14,574,000 1.97%
Johnson & Johnson
0.40%
97,121
$14,195,000 1.92%
Chevron Corp.
13.93%
76,769
$12,008,000 1.62%
Danaher Corp.
No change
44,899
$11,218,000 1.52%
Merck & Co Inc
3.14%
90,429
$11,195,000 1.51%
Accenture plc
0.42%
35,977
$10,916,000 1.48%
Lam Research Corp.
No change
10,000
$10,649,000 1.44%
Alerian Mlp
5.21%
221,420
$10,624,000 1.44%
Nike, Inc.
0.05%
137,386
$10,355,000 1.40%
Spdr Gold Trust
11.02%
45,227
$9,724,000 1.31%
CVS Health Corp
27.39%
157,823
$9,321,000 1.26%
Honeywell International Inc
15.43%
42,821
$9,144,000 1.24%
Amazon.com Inc.
17.73%
47,155
$9,113,000 1.23%
Conocophillips
3.61%
77,914
$8,912,000 1.20%
Automatic Data Processing Inc.
14.22%
29,525
$7,047,000 0.95%
Verizon Communications Inc
8.09%
166,607
$6,871,000 0.93%
Aon plc.
1.00%
21,633
$6,351,000 0.86%
Exxon Mobil Corp.
65.56%
44,809
$5,158,000 0.70%
Becton Dickinson & Co.
No change
21,264
$4,970,000 0.67%
Philip Morris International Inc
4.50%
43,504
$4,408,000 0.60%
JPMorgan Chase & Co.
No change
19,695
$3,984,000 0.54%
NextEra Energy Inc
No change
53,600
$3,795,000 0.51%
AMGEN Inc.
No change
12,030
$3,759,000 0.51%
Schlumberger Ltd.
5.03%
73,083
$3,448,000 0.47%
Rio Tinto Plc-spon Adr
10.02%
51,205
$3,376,000 0.46%
Broadcom Inc
No change
2,090
$3,356,000 0.45%
Devon Energy Corp.
No change
65,435
$3,102,000 0.42%
Coca-Cola Co
0.65%
45,747
$2,912,000 0.39%
Kimberly-Clark Corp.
16.02%
21,042
$2,908,000 0.39%
Cigna Corp
12.22%
8,055
$2,663,000 0.36%
Adobe Systems
0.98%
4,751
$2,639,000 0.36%
Comcast Corp Cl A
2.46%
66,398
$2,600,000 0.35%
Vanguard S&p 500 Index Fund
10.83%
5,170
$2,586,000 0.35%
Stryker Corp.
No change
7,200
$2,450,000 0.33%
Ishares Msci Usa Quality Facto
311.67%
12,350
$2,109,000 0.28%
Agnico Eagle Mines Ltd
47.16%
31,867
$2,084,000 0.28%
Goldman Sachs Group, Inc.
Opened
4,450
$2,013,000 0.27%
Elevance Health Inc
No change
3,700
$2,005,000 0.27%
Deere & Co.
1.96%
5,000
$1,868,000 0.25%
Vanguard Russell 2000 Index Fu
No change
22,500
$1,844,000 0.25%
Invesco QQQ Trust
21.92%
3,749
$1,796,000 0.24%
Meta Platforms Inc
Opened
3,460
$1,745,000 0.24%
Spdr S&p 500 Etf Trust
4.15%
3,140
$1,709,000 0.23%
Walt Disney Co (The)
11.22%
17,124
$1,700,000 0.23%
Freeport-McMoRan Inc
Closed
34,000
$1,599,000
Fedex Corp
44.10%
5,070
$1,520,000 0.21%
Mastercard Incorporated
2.87%
3,410
$1,504,000 0.20%
Procter & Gamble Co.
No change
8,437
$1,391,000 0.19%
Union Pacific Corp.
No change
6,052
$1,369,000 0.18%
Pfizer Inc.
No change
46,869
$1,311,000 0.18%
Corpay Inc
No change
4,800
$1,279,000 0.17%
Mcdonalds Corp
No change
4,765
$1,214,000 0.16%
Vanguard 500 Index Admiral
10.84%
2,280
$1,148,000 0.16%
Ishares Tr Core S&p 500 Index
47.83%
1,910
$1,045,000 0.14%
Duke Energy Corp.
No change
10,021
$1,004,000 0.14%
Palo Alto Networks Inc
No change
2,850
$966,000 0.13%
Dell Technologies Inc
No change
6,850
$945,000 0.13%
Walmart Stores Inc
No change
12,975
$879,000 0.12%
Dynatrace Inc
Opened
17,160
$768,000 0.10%
NexGen Energy Ltd
No change
109,400
$764,000 0.10%
Kenvue Inc
33.28%
40,529
$737,000 0.10%
Micron Technology Inc.
No change
5,500
$723,000 0.10%
Ishares Silver Trust
8.13%
26,600
$707,000 0.10%
Medtronic Plc
No change
8,865
$698,000 0.09%
Intel Corp.
Closed
13,700
$605,000
Diamondback Energy Inc
No change
2,900
$581,000 0.08%
Thermo Fisher Scientific Inc.
33.05%
1,013
$560,000 0.08%
Linde Plc.
No change
1,267
$556,000 0.08%
Veralto Corp
43.84%
5,778
$552,000 0.07%
Colgate-Palmolive Co.
No change
5,610
$544,000 0.07%
Ishares Short-term Bond Etf
11.63%
10,560
$534,000 0.07%
Nestle Sa-spons Adr
No change
5,097
$522,000 0.07%
Enterprise Products Partners L
No change
17,950
$520,000 0.07%
Novartis Ag - Adr
No change
4,412
$470,000 0.06%
Home Depot, Inc.
No change
1,350
$465,000 0.06%
Tenet Healthcare Corp.
No change
3,380
$450,000 0.06%
Paccar Inc.
No change
3,900
$401,000 0.05%
Perrigo Co Plc
54.92%
14,600
$375,000 0.05%
American Funds-growth Fund Of
No change
4,999
$369,000 0.05%
The Southern Co.
No change
4,595
$356,000 0.05%
Conmed Corp.
Opened
5,000
$347,000 0.05%
S&P Global Inc
No change
750
$335,000 0.05%
3M Co.
22.07%
3,196
$327,000 0.04%
Royal Gold, Inc.
No change
2,600
$325,000 0.04%
American Tower Corp.
No change
1,650
$321,000 0.04%
Microchip Technology, Inc.
No change
3,500
$320,000 0.04%
Blackrock Inc.
No change
400
$315,000 0.04%
Dominion Resources Inc
47.04%
5,855
$287,000 0.04%
Totalenergies Se Adr
1.88%
4,174
$278,000 0.04%
Vanguard Total Stock Mkt Idx A
No change
2,000
$261,000 0.04%
Woodside Energy Group Adr
Closed
12,088
$241,000
Boeing Co.
No change
1,243
$226,000 0.03%
Ark Innovation Etf
No change
5,000
$220,000 0.03%
Sei Tax Managed Small/mid Cap
No change
8,189
$212,000 0.03%
Oneok Inc.
No change
2,581
$210,000 0.03%
Noble Corp Plc
No change
4,700
$210,000 0.03%
Vanguard Mid-cap Index Fund Ad
Closed
663
$205,000
Valvoline Inc
Closed
4,567
$204,000
Consol Energy Inc
Opened
1,980
$202,000 0.03%
Global Payments, Inc.
Closed
1,500
$200,000
Viemed Healthcare Inc
No change
22,500
$147,000 0.02%
Solvay Sa
Opened
34,700
$119,000 0.02%
Wesdome Gold Mines Ltd
No change
14,400
$116,000 0.02%
Kosmos Energy Ltd
No change
20,700
$115,000 0.02%
No transactions found
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