Latest UNITED SERVICES AUTOMOBILE ASSOCIATION Stock Portfolio

$4.07Billion– No. of Holdings #446

UNITED SERVICES AUTOMOBILE ASSOCIATION Performance:

2024 Q1: 5.07%YTD: 5.07%2023: 6.62%

Performance for 2024 Q1 is 5.07%, and YTD is 5.07%, and 2023 is 6.62%.

About UNITED SERVICES AUTOMOBILE ASSOCIATION and 13F Hedge Fund Stock Holdings

UNITED SERVICES AUTOMOBILE ASSOCIATION is a hedge fund based in SAN ANTONIO, TX. In it's latest 13F Holdings report, UNITED SERVICES AUTOMOBILE ASSOCIATION reported an equity portfolio of $4.1 Billions as of 31 Mar, 2024.

The top stock holdings of UNITED SERVICES AUTOMOBILE ASSOCIATION are AGG, EMGF, XOM. The fund has invested 13.1% of it's portfolio in ISHARES CORE U.S. AGGREGATE and 5.7% of portfolio in ISHARES CORE MSCI EMERGING.

The fund managers got completely rid off LYONDELLBASELL INDU-CL A (LYB), SYNCHRONY FINANCIAL (SYF) and DISCOVER FINANCIAL SERVICES (DFS) stocks. They significantly reduced their stock positions in WESTERN UNION CO (WU), REGIONS FINANCIAL CORP (RF) and KROGER CO (KR). UNITED SERVICES AUTOMOBILE ASSOCIATION opened new stock positions in UBER TECHNOLOGIES INC (UBER), LOGITECH INTERNATIONAL-REG (LOGI) and PAYCHEX INC (PAYX). The fund showed a lot of confidence in some stocks as they added substantially to CENOVUS ENERGY INC (CVE), CHEVRON CORP (CVX) and CANADIAN NATURAL RESOURCES (CNQ).

UNITED SERVICES AUTOMOBILE ASSOCIATION Equity Portfolio Value

Last Reported on: 15 May, 2024

UNITED SERVICES AUTOMOBILE ASSOCIATION Annual Return Estimates Vs S&P 500

Our best estimate is that UNITED SERVICES AUTOMOBILE ASSOCIATION made a return of 5.07% in the last quarter. In trailing 12 months, it's portfolio return was 11.43%.

New Buys

Ticker	$ Bought
uber technologies inc	4,697,700
logitech international-reg	4,163,410
paychex inc	2,767,670
pure storage inc - class a	1,191,770
wp carey inc	933,743
american homes 4 rent- a	900,853
iron mountain inc	888,566
equitable holdings inc	872,900

New stocks bought by UNITED SERVICES AUTOMOBILE ASSOCIATION

Additions

Ticker	% Inc.
cenovus energy inc	745
chevron corp	598
canadian natural resources	49.57
newmont corp	29.66
mcdonald's corp	29.11
american electric power	26.25
organon & co	23.85
pepsico inc	22.72

Additions to existing portfolio by UNITED SERVICES AUTOMOBILE ASSOCIATION

Reductions

Ticker	% Reduced
western union co	-96.6
regions financial corp	-96.44
kroger co	-93.00
cognizant tech solutions-a	-90.8
eog resources inc	-88.61
texas instruments inc	-88.00
bank of montreal	-87.48
bank of nova scotia	-87.31

UNITED SERVICES AUTOMOBILE ASSOCIATION reduced stake in above stock

Sold off

Ticker	$ Sold
synchrony financial	-20,928,900
lyondellbasell indu-cl a	-20,978,100
discover financial services	-19,850,500
skyworks solutions inc	-11,113,300
cf industries holdings inc	-7,730,100
new york community bancorp	-583,877
steel dynamics inc	-6,428,770
nucor corp	-9,456,810

UNITED SERVICES AUTOMOBILE ASSOCIATION got rid off the above stocks

Sector Distribution

UNITED SERVICES AUTOMOBILE ASSOCIATION has about 34.7% of it's holdings in Others sector.

Sector	%
Others	34.7
Technology	14.3
Healthcare	11.5
Consumer Defensive	10.6
Energy	7.3
Consumer Cyclical	6.3
Industrials	5.1
Financial Services	5
Communication Services	3.3

Market Cap. Distribution

UNITED SERVICES AUTOMOBILE ASSOCIATION has about 63.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	37.9
UNALLOCATED	34.7
LARGE-CAP	25.4
MID-CAP	1.4

Stocks belong to which Index?

About 0% of the stocks held by UNITED SERVICES AUTOMOBILE ASSOCIATION either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	100

Top 5 Winners (%)		%
NVDA	nvidia corp	82.2 %
VST	vistra corp	79.3 %
CELH	celsius holdings inc	51.4 %
COHR	coherent corp	39.2 %
MU	micron technology inc	38.1 %

Top 5 Winners ($)		$
NVDA	nvidia corp	30.0 M
XOM	exxon mobil corp	20.3 M
AVGO	broadcom inc	19.7 M
ABBV	abbvie inc	16.2 M
MRK	merck & co. inc.	13.6 M

Top 5 Losers (%)		%
RUN	sunrun inc	-32.9 %
WOLF	wolfspeed inc	-32.2 %
PENN	penn entertainment inc	-30.0 %
TSLA	tesla inc	-29.3 %
GME	gamestop corp-class a	-28.6 %

Top 5 Losers ($)		$
AGG	ishares core u.s. aggregate	-10.7 M
AAPL	apple inc	-9.1 M
TSLA	tesla inc	-6.0 M
UNH	unitedhealth group inc	-3.7 M
UPS	united parcel service-cl b	-2.0 M

UNITED SERVICES AUTOMOBILE ASSOCIATION Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of UNITED SERVICES AUTOMOBILE ASSOCIATION

UNITED SERVICES AUTOMOBILE ASSOCIATION has 446 stocks in it's portfolio. About 40% of the portfolio is in top 10 stocks. AGG proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for UNITED SERVICES AUTOMOBILE ASSOCIATION last quarter.

Last Reported on: 15 May, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AA	alcoa corp	0.01	14,708	496,983	unchanged	0.00

AAL	american airlines group inc	0.01	18,936	290,668	unchanged	0.00

AAPL	apple inc	1.83	432,985	74,248,300	reduced	-0.6

ABBV	abbvie inc	2.77	618,794	112,682,000	added	4.73

ABNB	airbnb inc-class a	0.05	12,796	2,110,830	unchanged	0.00

ABT	abbott laboratories	0.27	97,678	11,102,100	unchanged	0.00

ACGL	arch capital group ltd	0.03	11,284	1,043,090	unchanged	0.00

ACM	aecom	0.03	10,801	1,059,360	unchanged	0.00

ACN	accenture plc-cl a	0.56	65,766	22,795,200	added	14.32

ADBE	adobe inc	0.17	13,579	6,851,960	unchanged	0.00

ADI	analog devices inc	0.07	14,909	2,948,850	unchanged	0.00

ADM	archer-daniels-midland co	0.02	15,772	990,639	unchanged	0.00

ADP	automatic data processing	0.28	44,938	11,222,800	added	18.93

AEM	agnico eagle mines ltd	0.03	17,977	1,071,940	unchanged	0.00

AEO	american eagle outfitters	0.01	14,966	385,973	reduced	-4.03

AEP	american electric power	0.04	16,478	1,418,760	added	26.25

AES	aes corp	0.01	18,407	330,038	unchanged	0.00

AFL	aflac inc	0.03	15,973	1,371,440	reduced	-7.73

AGG	ishares core u.s. aggregate	13.07	5,428,730	531,690,000	reduced	-33.46

AGG	ishares s&p 500 growth etf	0.06	26,898	2,271,270	added	1.8