Nepsis 13F annual report
Nepsis is an investment fund managing more than $371 billion ran by Mark Pearson. There are currently 28 companies in Mr. Pearson’s portfolio. The largest investments include Advanced Micro Devices and Qualcomm, together worth $48.9 billion.
$371 billion Assets Under Management (AUM)
As of 8th July 2024, Nepsis’s top holding is 154,376 shares of Advanced Micro Devices currently worth over $25 billion and making up 6.8% of the portfolio value.
Relative to the number of outstanding shares of Advanced Micro Devices, Nepsis owns more than approximately 0.1% of the company.
In addition, the fund holds 119,734 shares of Qualcomm worth $23.8 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Alphabet Inc worth $22.6 billion and the next is Devon worth $20.9 billion, with 440,565 shares owned.
Currently, Nepsis's portfolio is worth at least $371 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 Nepsis
The Nepsis office and employees reside in Minneapolis, Minnesota. According to the last 13-F report filed with the SEC, Mark Pearson serves as the Founder, CCO & CIO at Nepsis.
Recent trades
In the most recent 13F filing, Nepsis revealed that it had opened a new position in
Cava Group Inc and bought 141,127 shares worth $13.1 billion.
The investment fund also strengthened its position in Advanced Micro Devices by buying
18,195 additional shares.
This makes their stake in Advanced Micro Devices total 154,376 shares worth $25 billion.
Advanced Micro Devices dropped approximately 0.1% in the past year.
On the other hand, there are companies that Nepsis is getting rid of from its portfolio.
Nepsis closed its position in F5 Inc on 15th July 2024.
It sold the previously owned 62,198 shares for $11.8 billion.
Mark Pearson also disclosed a decreased stake in Qualcomm by approximately 0.1%.
This leaves the value of the investment at $23.8 billion and 119,734 shares.
One of the smaller hedge funds
The two most similar investment funds to Nepsis are Cliffwater and Milestone Investment Advisors. They manage $371 billion and $371 billion respectively.
Mark Pearson investment strategy
Nepsis’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 29.0% of
the total portfolio value.
The fund focuses on investments in the United States as
60.7% 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
57% 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 $158 billion.
The complete list of Nepsis trades based on 13F SEC filings
These positions were updated on July 15th 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 |
|---|---|---|---|
| Advanced Micro Devices Inc. |
13.36%
154,376
|
$25,041,331,000 | 6.75% |
| Qualcomm, Inc. |
1.83%
119,734
|
$23,848,618,000 | 6.43% |
| Alphabet Inc |
5.53%
123,336
|
$22,622,289,000 | 6.10% |
| Devon Energy Corp. |
4.67%
440,565
|
$20,882,760,000 | 5.63% |
| Shopify Inc |
2.01%
308,807
|
$20,396,702,000 | 5.50% |
| Renaissancere Hldgs Ltd |
0.92%
91,072
|
$20,355,577,000 | 5.49% |
| PetIQ Inc |
0.36%
901,425
|
$19,885,436,000 | 5.36% |
| American Intl Group Inc |
0.08%
262,138
|
$19,461,158,000 | 5.25% |
| Chubb Limited |
5.06%
70,802
|
$18,060,264,000 | 4.87% |
| AMGEN Inc. |
1.20%
55,980
|
$17,490,951,000 | 4.72% |
| Diamondback Energy Inc |
1.73%
82,962
|
$16,608,163,000 | 4.48% |
| Mastercard Incorporated |
1.55%
36,654
|
$16,170,406,000 | 4.36% |
| Applied Matls Inc |
42.19%
68,249
|
$16,106,082,000 | 4.34% |
| Visa Inc |
1.56%
60,301
|
$15,827,155,000 | 4.27% |
| Cigna Group (The) |
0.08%
46,041
|
$15,219,773,000 | 4.10% |
| CyberArk Software Ltd |
3.55%
55,644
|
$15,214,182,000 | 4.10% |
| RLI Corp. |
13.95%
104,216
|
$14,662,149,000 | 3.95% |
| Cava Group Inc |
Opened
141,127
|
$13,089,529,000 | 3.53% |
| F5 Inc |
Closed
62,198
|
$11,792,119,000 | |
| Warner Bros.Discovery Inc |
19.74%
1,432,766
|
$10,659,779,000 | 2.87% |
| Health Catalyst Inc |
8.27%
1,253,080
|
$8,007,181,000 | 2.16% |
| Iron Mtn Inc Del |
2.21%
70,251
|
$6,295,895,000 | 1.70% |
| National Health Invs Inc |
1.77%
56,988
|
$3,859,797,000 | 1.04% |
| General Mls Inc |
1.45%
60,956
|
$3,856,077,000 | 1.04% |
| The Southern Co. |
2.08%
41,255
|
$3,200,150,000 | 0.86% |
| J P Morgan Exchange Traded F |
3.52%
37,592
|
$1,897,268,000 | 0.51% |
| Duke Energy Corp. |
2.05%
16,298
|
$1,633,549,000 | 0.44% |
| Oracle Corp. |
No change
2,428
|
$342,834,000 | 0.09% |
| Bristol-Myers Squibb Co. |
97.59%
5,690
|
$236,306,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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