New Perspectives, Inc 13F annual report
New Perspectives, Inc is an investment fund managing more than $157 billion ran by Joshua Taff. There are currently 20 companies in Mr. Taff’s portfolio. The largest investments include Spdr Ser Tr and Wisdomtree Tr, together worth $99 billion.
$157 billion Assets Under Management (AUM)
As of 10th July 2024, New Perspectives, Inc’s top holding is 1,133,347 shares of Spdr Ser Tr currently worth over $69.4 billion and making up 44.1% of the portfolio value.
In addition, the fund holds 591,929 shares of Wisdomtree Tr worth $29.6 billion.
The third-largest holding is Ishares Tr worth $35.2 billion and the next is Vanguard Specialized Funds worth $7.81 billion, with 42,800 shares owned.
Currently, New Perspectives, Inc's portfolio is worth at least $157 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 New Perspectives, Inc
The New Perspectives, Inc office and employees reside in Tougaloo, Mississippi. According to the last 13-F report filed with the SEC, Joshua Taff serves as the COO at New Perspectives, Inc.
Recent trades
In the most recent 13F filing, New Perspectives, Inc revealed that it had opened a new position in
Vanguard Scottsdale Fds and bought 3,300 shares worth $250 million.
The investment fund also strengthened its position in Spdr Ser Tr by buying
8,783 additional shares.
This makes their stake in Spdr Ser Tr total 1,133,347 shares worth $69.4 billion.
On the other hand, there are companies that New Perspectives, Inc is getting rid of from its portfolio.
New Perspectives, Inc closed its position in First Tr Exch Traded Fd Iii on 17th July 2024.
It sold the previously owned 6,644 shares for $341 million.
Joshua Taff also disclosed a decreased stake in Vanguard Specialized Funds by approximately 0.1%.
This leaves the value of the investment at $7.81 billion and 42,800 shares.
One of the smallest hedge funds
The two most similar investment funds to New Perspectives, Inc are Independent Order Of Foresters and Standard General L.P.. They manage $157 billion and $157 billion respectively.
Joshua Taff investment strategy
New Perspectives, Inc’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 1.7% of
the total portfolio value.
The fund focuses on investments in the United States as
30.0% 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
25% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $740 billion.
The complete list of New Perspectives, Inc trades based on 13F SEC filings
These positions were updated on July 17th 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 Ser Tr |
0.78%
1,133,347
|
$69,371,282,000 | 44.12% |
| Wisdomtree Tr |
6.36%
591,929
|
$29,649,484,000 | 18.86% |
| Ishares Tr |
1.50%
372,595
|
$35,187,896,000 | 22.38% |
| Vanguard Specialized Funds |
0.62%
42,800
|
$7,813,213,000 | 4.97% |
| Apple Inc |
0.80%
12,600
|
$2,653,718,000 | 1.69% |
| Vanguard Intl Equity Index F |
0.01%
79,370
|
$3,764,165,000 | 2.39% |
| Vanguard Index Fds |
1.78%
15,139
|
$3,627,096,000 | 2.31% |
| Invesco Exch Traded Fd Tr Ii |
110.57%
7,888
|
$1,554,804,000 | 0.99% |
| Eastgroup Pptys Inc |
No change
3,433
|
$583,983,000 | 0.37% |
| Vanguard World Fd |
No change
1,832
|
$487,312,000 | 0.31% |
| Microsoft Corporation |
No change
816
|
$364,897,000 | 0.23% |
| First Tr Exch Traded Fd Iii |
Closed
6,644
|
$341,236,000 | |
| AMGEN Inc. |
No change
920
|
$287,454,000 | 0.18% |
| Union Pac Corp |
No change
1,264
|
$285,993,000 | 0.18% |
| Schwab Strategic Tr |
No change
4,363
|
$274,302,000 | 0.17% |
| Vanguard Scottsdale Fds |
Opened
3,300
|
$250,338,000 | 0.16% |
| Spdr Index Shs Fds |
No change
6,376
|
$223,670,000 | 0.14% |
| Spdr S&p 500 Etf Tr |
4.87%
409
|
$222,586,000 | 0.14% |
| NVIDIA Corp |
Opened
1,760
|
$217,430,000 | 0.14% |
| Regions Financial Corp. |
No change
10,752
|
$215,470,000 | 0.14% |
| Cadence Bank |
No change
7,184
|
$203,176,000 | 0.13% |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||
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