Bourne Lent Asset Management Inc 13F annual report
Bourne Lent Asset Management Inc is an investment fund managing more than $261 billion ran by John Lent. There are currently 60 companies in Mr. Lent’s portfolio. The largest investments include Microsoft and Adobe Inc, together worth $68.9 billion.
$261 billion Assets Under Management (AUM)
As of 25th July 2024, Bourne Lent Asset Management Inc’s top holding is 78,547 shares of Microsoft currently worth over $35.1 billion and making up 13.5% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Bourne Lent Asset Management Inc owns more than approximately 0.1% of the company.
In addition, the fund holds 60,875 shares of Adobe Inc worth $33.8 billion, whose value fell 12.1% in the past six months.
The third-largest holding is Apple Inc worth $28.6 billion and the next is Alphabet Inc worth $43.7 billion, with 238,784 shares owned.
Currently, Bourne Lent Asset Management Inc's portfolio is worth at least $261 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 Bourne Lent Asset Management Inc
The Bourne Lent Asset Management Inc office and employees reside in Pawling, New York. According to the last 13-F report filed with the SEC, John Lent serves as the Chief Compliance Officer at Bourne Lent Asset Management Inc.
Recent trades
In the most recent 13F filing, Bourne Lent Asset Management Inc revealed that it had increased its stake in
Qualcomm and bought 85 additional shares worth around $14 thousand.
This means they effectively own approximately 0.1% of the company.
Qualcomm makes up
5.6%
of the fund's Technology sector allocation and has grown its share price by 37.0% in the past year.
On the other hand, there are companies that Bourne Lent Asset Management Inc is getting rid of from its portfolio.
Bourne Lent Asset Management Inc closed its position in Illumina Inc on 1st August 2024.
It sold the previously owned 1,830 shares for $251 million.
John Lent also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $35.1 billion and 78,547 shares.
One of the smaller hedge funds
The two most similar investment funds to Bourne Lent Asset Management Inc are Capital Performance Advisors LL.P. and Pegasus Asset Management. They manage $261 billion and $261 billion respectively.
John Lent investment strategy
Bourne Lent Asset Management Inc’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 48.0% of
the total portfolio value.
The fund focuses on investments in the United States as
61.7% 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
62% 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 $273 billion.
The complete list of Bourne Lent Asset Management Inc trades based on 13F SEC filings
These positions were updated on August 1st 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 |
1.13%
78,547
|
$35,106,582,000 | 13.46% |
| Adobe Inc |
0.65%
60,875
|
$33,818,497,000 | 12.97% |
| Apple Inc |
0.04%
136,014
|
$28,647,269,000 | 10.98% |
| Alphabet Inc |
0.08%
238,784
|
$43,654,713,000 | 16.74% |
| Idexx Labs Inc |
0.55%
38,642
|
$18,826,382,000 | 7.22% |
| Intuitive Surgical Inc |
0.01%
28,060
|
$12,482,491,000 | 4.79% |
| Quanta Svcs Inc |
1.82%
37,770
|
$9,596,979,000 | 3.68% |
| Qualcomm, Inc. |
0.24%
34,970
|
$6,965,325,000 | 2.67% |
| Paychex Inc. |
0.34%
58,582
|
$6,945,482,000 | 2.66% |
| Bristol-Myers Squibb Co. |
2.38%
158,687
|
$6,590,271,000 | 2.53% |
| Cisco Sys Inc |
0.74%
117,365
|
$5,576,011,000 | 2.14% |
| Amazon.com Inc. |
0.74%
26,385
|
$5,098,901,000 | 1.95% |
| Eli Lilly Co |
0.05%
3,888
|
$3,520,117,000 | 1.35% |
| United Parcel Service, Inc. |
0.48%
23,259
|
$3,182,994,000 | 1.22% |
| AMGEN Inc. |
0.76%
9,745
|
$3,044,825,000 | 1.17% |
| Berkshire Hathaway Inc. |
No change
4
|
$2,448,964,000 | 0.94% |
| Mastercard Incorporated |
No change
4,998
|
$2,204,918,000 | 0.85% |
| Symbotic Inc |
0.24%
61,710
|
$2,169,724,000 | 0.83% |
| Johnson Johnson |
1.57%
14,116
|
$2,063,195,000 | 0.79% |
| NVIDIA Corp |
945.34%
16,140
|
$1,993,936,000 | 0.76% |
| Enbridge Inc |
1.88%
55,439
|
$1,973,074,000 | 0.76% |
| Nutrien Ltd |
0.84%
36,032
|
$1,834,389,000 | 0.70% |
| Booking Holdings Inc |
No change
452
|
$1,790,598,000 | 0.69% |
| Visa Inc |
No change
6,750
|
$1,771,672,000 | 0.68% |
| L3Harris Technologies Inc |
1.41%
6,990
|
$1,569,814,000 | 0.60% |
| Tesla Inc |
6.35%
7,375
|
$1,459,365,000 | 0.56% |
| Boston Scientific Corp. |
No change
17,769
|
$1,368,390,000 | 0.52% |
| Pacific Biosciences Calif In |
45.38%
951,395
|
$1,303,411,000 | 0.50% |
| Price T Rowe Group Inc |
1.13%
8,967
|
$1,033,985,000 | 0.40% |
| Public Svc Enterprise Grp In |
0.82%
12,022
|
$886,021,000 | 0.34% |
| Lowes Cos Inc |
No change
3,500
|
$771,610,000 | 0.30% |
| Att Inc |
8.34%
37,895
|
$724,173,000 | 0.28% |
| Microchip Technology, Inc. |
No change
7,720
|
$706,380,000 | 0.27% |
| Merck Co Inc |
No change
5,467
|
$676,815,000 | 0.26% |
| Pepsico Inc |
No change
3,625
|
$597,871,000 | 0.23% |
| Pfizer Inc. |
4.13%
20,905
|
$584,922,000 | 0.22% |
| Intuit Inc |
No change
805
|
$529,054,000 | 0.20% |
| Centerpoint Energy Inc. |
No change
16,766
|
$519,411,000 | 0.20% |
| Spdr Gold Tr |
No change
2,375
|
$510,648,000 | 0.20% |
| Home Depot, Inc. |
No change
1,340
|
$461,282,000 | 0.18% |
| Eog Res Inc |
No change
3,251
|
$409,203,000 | 0.16% |
| Exxon Mobil Corp. |
No change
3,527
|
$406,028,000 | 0.16% |
| Wayfair Inc |
No change
7,229
|
$381,185,000 | 0.15% |
| Stryker Corp. |
No change
1,084
|
$368,831,000 | 0.14% |
| Intel Corp. |
1.40%
10,570
|
$327,353,000 | 0.13% |
| Procter And Gamble Co |
No change
1,891
|
$311,864,000 | 0.12% |
| Littelfuse, Inc. |
No change
1,200
|
$306,708,000 | 0.12% |
| The Southern Co. |
No change
3,931
|
$304,928,000 | 0.12% |
| Jpmorgan Chase Co. |
No change
1,500
|
$303,390,000 | 0.12% |
| Emcor Group, Inc. |
No change
736
|
$268,699,000 | 0.10% |
| Abbott Labs |
No change
2,568
|
$266,841,000 | 0.10% |
| Tompkins Finl Corp |
3.90%
5,334
|
$260,833,000 | 0.10% |
| Schlumberger Ltd. |
No change
5,450
|
$257,131,000 | 0.10% |
| Palantir Technologies Inc. |
No change
10,100
|
$255,833,000 | 0.10% |
| Verizon Communications Inc |
No change
6,141
|
$253,255,000 | 0.10% |
| Illumina Inc |
Closed
1,830
|
$251,296,000 | |
| Boeing Co. |
No change
1,350
|
$245,713,000 | 0.09% |
| Gilead Sciences, Inc. |
No change
3,580
|
$245,624,000 | 0.09% |
| Rio Tinto plc |
No change
3,400
|
$224,162,000 | 0.09% |
| International Business Machs |
Closed
1,150
|
$219,604,000 | |
| Caterpillar Inc. |
No change
618
|
$205,856,000 | 0.08% |
| Automatic Data Processing In |
No change
850
|
$202,886,000 | 0.08% |
| No transactions found | |||
| Showing first 500 out of 62 holdings | |||
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