Fluent 13F annual report
Fluent is an investment fund managing more than $192 billion ran by Mitchell Kramer. There are currently 58 companies in Mr. Kramer’s portfolio. The largest investments include Spdr Sp 500 Etf Tr and Vanguard World Fd, together worth $47.3 billion.
$192 billion Assets Under Management (AUM)
As of 29th July 2024, Fluent’s top holding is 48,763 shares of Spdr Sp 500 Etf Tr currently worth over $26.5 billion and making up 13.8% of the portfolio value.
In addition, the fund holds 283,403 shares of Vanguard World Fd worth $20.8 billion.
The third-largest holding is Ishares Tr worth $31 billion and the next is Invesco Exch Traded Fd Tr Ii worth $8.35 billion, with 128,494 shares owned.
Currently, Fluent's portfolio is worth at least $192 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 Fluent
The Fluent office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Mitchell Kramer serves as the Chief Compliance Officer at Fluent.
Recent trades
In the most recent 13F filing, Fluent revealed that it had opened a new position in
Invesco Exch Traded Fd Tr Ii and bought 128,494 shares worth $8.35 billion.
The investment fund also strengthened its position in Vanguard World Fd by buying
125,185 additional shares.
This makes their stake in Vanguard World Fd total 283,403 shares worth $20.8 billion.
On the other hand, there are companies that Fluent is getting rid of from its portfolio.
Fluent closed its position in Arista Networks Inc on 5th August 2024.
It sold the previously owned 13,213 shares for $3.83 billion.
Mitchell Kramer also disclosed a decreased stake in Spdr Sp 500 Etf Tr by 0.1%.
This leaves the value of the investment at $26.5 billion and 48,763 shares.
One of the smallest hedge funds
The two most similar investment funds to Fluent are Baugh & Associates and Flynn Zito Capital Management. They manage $192 billion and $192 billion respectively.
Mitchell Kramer investment strategy
Fluent’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Staples — making up 11.5% of
the total portfolio value.
The fund focuses on investments in the United States as
48.3% 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 1.7% of the portfolio.
The average market cap of the portfolio companies is close to $231 billion.
The complete list of Fluent trades based on 13F SEC filings
These positions were updated on August 5th 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 |
|---|---|---|---|
| Spdr Sp 500 Etf Tr |
14.49%
48,763
|
$26,536,722,000 | 13.80% |
| Vanguard World Fd |
79.12%
283,403
|
$20,804,602,000 | 10.82% |
| Ishares Tr |
14.45%
413,794
|
$31,010,615,000 | 16.12% |
| Invesco Exch Traded Fd Tr Ii |
Opened
128,494
|
$8,345,698,000 | 4.34% |
| Ishares Tr |
Opened
96,891
|
$10,461,746,000 | 5.44% |
| Vanguard Scottsdale Fds |
36.74%
91,489
|
$5,327,421,000 | 2.77% |
| American Elec Pwr Co Inc |
5.48%
56,284
|
$4,938,358,000 | 2.57% |
| Kroger Co. |
0.66%
96,315
|
$4,809,005,000 | 2.50% |
| Procter And Gamble Co |
0.82%
29,151
|
$4,807,642,000 | 2.50% |
| Molson Coors Beverage Company |
28.16%
89,528
|
$4,550,705,000 | 2.37% |
| Walmart Inc |
4.00%
66,218
|
$4,483,628,000 | 2.33% |
| Abbvie Inc |
11.38%
25,150
|
$4,313,743,000 | 2.24% |
| Indexiq Active Etf Tr |
55.76%
171,689
|
$4,123,968,000 | 2.14% |
| Monster Beverage Corp. |
46.46%
79,254
|
$3,958,748,000 | 2.06% |
| Hershey Company |
33.62%
21,374
|
$3,929,185,000 | 2.04% |
| Fidelity Natl Information Sv |
434.38%
51,963
|
$3,915,935,000 | 2.04% |
| Arista Networks Inc |
Closed
13,213
|
$3,831,537,000 | |
| Vanguard Scottsdale Fds |
Closed
39,993
|
$3,466,191,000 | |
| Johnson Johnson |
119.14%
22,359
|
$3,268,010,000 | 1.70% |
| Conocophillips |
100.03%
28,000
|
$3,202,642,000 | 1.67% |
| Lyondellbasell Industries N |
0.06%
32,947
|
$3,151,713,000 | 1.64% |
| T-Mobile US Inc |
569.25%
17,889
|
$3,151,682,000 | 1.64% |
| Invesco Exch Trd Slf Idx Fd |
Closed
55,645
|
$3,073,173,000 | |
| Amazon.com Inc. |
53.75%
15,227
|
$2,942,645,000 | 1.53% |
| Alphabet Inc |
1.72%
17,675
|
$3,221,472,000 | 1.68% |
| Ishares Tr |
Closed
66,031
|
$5,170,187,000 | |
| Ecolab, Inc. |
0.10%
8,181
|
$1,947,078,000 | 1.01% |
| JD.com Inc |
Opened
72,957
|
$1,885,213,000 | 0.98% |
| Tesla Inc |
108.60%
8,897
|
$1,760,539,000 | 0.92% |
| Consolidated Edison, Inc. |
8.27%
19,480
|
$1,741,908,000 | 0.91% |
| Select Sector Spdr Tr |
Opened
13,904
|
$2,242,904,000 | 1.17% |
| AB Active ETFs Inc |
Opened
64,887
|
$1,620,229,000 | 0.84% |
| Ishares Inc |
Opened
18,197
|
$1,202,640,000 | 0.63% |
| Visa Inc |
40.50%
4,543
|
$1,192,408,000 | 0.62% |
| Merck Co Inc |
218.45%
9,598
|
$1,188,239,000 | 0.62% |
| Costco Whsl Corp New |
Closed
1,291
|
$945,834,000 | |
| Micron Technology Inc. |
Closed
7,395
|
$871,791,000 | |
| Intuit Inc |
45.12%
1,322
|
$868,831,000 | 0.45% |
| Meta Platforms Inc |
Closed
1,758
|
$853,646,000 | |
| Apple Inc |
51.72%
4,002
|
$842,998,000 | 0.44% |
| Progressive Corp. |
11.71%
4,011
|
$833,128,000 | 0.43% |
| Alibaba Group Hldg Ltd |
Opened
11,169
|
$804,168,000 | 0.42% |
| Adobe Inc |
Closed
1,590
|
$802,314,000 | |
| Abbott Labs |
Opened
7,448
|
$773,909,000 | 0.40% |
| Copart, Inc. |
1.45%
13,234
|
$716,757,000 | 0.37% |
| Unilever plc |
Closed
13,965
|
$700,905,000 | |
| ServiceNow Inc |
19.83%
849
|
$667,872,000 | 0.35% |
| Quanta Svcs Inc |
Closed
2,569
|
$667,420,000 | |
| Marsh Mclennan Cos Inc |
7.47%
2,905
|
$612,140,000 | 0.32% |
| Linde Plc. |
1.98%
1,337
|
$586,680,000 | 0.31% |
| Applied Matls Inc |
Closed
2,761
|
$569,403,000 | |
| Crocs Inc |
Opened
3,901
|
$569,317,000 | 0.30% |
| Intel Corp. |
Closed
12,323
|
$544,312,000 | |
| PDD Holdings Inc |
Opened
3,942
|
$524,085,000 | 0.27% |
| Spdr Ser Tr |
Closed
5,458
|
$517,908,000 | |
| Qualcomm, Inc. |
Closed
3,056
|
$517,385,000 | |
| Accenture Plc Ireland |
Closed
1,354
|
$469,309,000 | |
| PayPal Holdings Inc |
11.60%
7,648
|
$443,814,000 | 0.23% |
| J P Morgan Exchange Traded F |
Opened
8,578
|
$432,932,000 | 0.23% |
| Invesco Exchange Traded Fd T |
Closed
6,969
|
$421,075,000 | |
| Exxon Mobil Corp. |
1.30%
3,657
|
$421,049,000 | 0.22% |
| CVS Health Corp |
Closed
5,258
|
$419,376,000 | |
| Autodesk Inc. |
67.28%
1,534
|
$379,595,000 | 0.20% |
| Netflix Inc. |
21.83%
558
|
$376,614,000 | 0.20% |
| Elevance Health Inc |
Closed
651
|
$337,592,000 | |
| Church Dwight Co Inc |
Opened
2,993
|
$310,311,000 | 0.16% |
| Hibbett Inc |
Closed
3,975
|
$305,355,000 | |
| Campbell Soup Co. |
Opened
6,560
|
$296,450,000 | 0.15% |
| Vanguard Whitehall Fds |
0.22%
2,315
|
$274,559,000 | 0.14% |
| Paccar Inc. |
Closed
2,183
|
$270,466,000 | |
| Generac Holdings Inc |
Opened
2,026
|
$267,877,000 | 0.14% |
| Builders Firstsource Inc |
Closed
1,233
|
$257,145,000 | |
| Cleveland-Cliffs Inc |
Closed
11,058
|
$251,463,000 | |
| Ameriprise Finl Inc |
1.96%
549
|
$234,517,000 | 0.12% |
| Hubbell Inc. |
Closed
541
|
$224,520,000 | |
| Vanguard Index Fds |
No change
438
|
$219,057,000 | 0.11% |
| Mastercard Incorporated |
3.16%
490
|
$216,170,000 | 0.11% |
| United Rentals, Inc. |
Closed
289
|
$208,377,000 | |
| J P Morgan Exchange Traded F |
19.14%
3,612
|
$204,729,000 | 0.11% |
| RTX Corp |
34.98%
2,011
|
$201,884,000 | 0.10% |
| Independence Rlty Tr Inc |
No change
10,488
|
$196,545,000 | 0.10% |
| Ginkgo Bioworks Holdings Inc |
No change
13,500
|
$4,513,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 82 holdings | |||
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