Gratus Capital LLC

CIK

1652103

Location

ATLANTA, GA

Portfolio Value

Mid $2,472,337,423

Diversification

Diversified

Reports for

Aurora Investment Counsel

Filing Date

Global Rank

#1,075 / 7,436 ▲ 105 · as of Jun 2024

Top Industry

Semiconductors 15.4%

Period ended 2 years ago

Filed Jul 25, 2024 · 2y

18 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2024, never from the firm's own description.

Style

Diversified active

Top 10 weight 38.9%, 39.7 effective positions, active share 59.0% against the S&P 500 as of 2024-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

24.4% over the last four quarters (under 30%)

Horizon

Horizon unknown

The value-weighted holding period is at least 11.9 quarters, but 36.5% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2024-06-30, active share 59.0%; sector active share 21.9% against the combined 13F book's sector weights.

Over time 18 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

365 tracked positions · as of Jun 30, 2024 · Δ vs Mar 31, 2024

Top Position

8.0%

+1.0 pts

Top 5

29.5%

+2.5 pts

Top 10

39.1%

+2.3 pts

HHI

256

Diversified+32

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2024

Sector	% Portfolio	Value	Positions
Technology	28.3%	$699,723,851	59
Unclassified	27.3%	$674,545,654	78
Financial Services	6.9%	$170,364,973	53
Energy	6.5%	$160,882,905	24
Healthcare	6.0%	$149,448,894	34
Industrials	5.9%	$144,809,350	36
Consumer Defensive	5.7%	$141,629,644	18
Consumer Cyclical	5.3%	$131,558,901	22
Communication Services	4.5%	$111,436,655	12
Real Estate	1.7%	$42,362,222	13
Utilities	1.6%	$39,272,794	6
Basic Materials	0.3%	$6,301,580	10

Last Quarter's Activity

Export CSV

Jun 30, 2024 vs Mar 31, 2024

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	+1,431,064	1,598,886	$197,526,376
—		+775,326	1,286,492	$4,322,614
ICSH	iShares Ultra Short Duration Bond Active ETF	+342,237	550,609	$27,822,272
KO	Coca Cola Co	+277,788	484,480	$30,837,152
AAPL	Apple Inc.	+220,005	866,440	$182,489,592
KMI	Kinder Morgan, Inc.	+186,649	837,868	$16,648,437
IP	International Paper Co	+150,254	370,271	$15,977,193
EPD	Enterprise Products Partners L.P.	+73,910	122,230	$3,542,225
UYLD	Angel Oak UltraShort Income ETF	+66,119	1,113,506	$56,666,320
IMUX	Immunic, Inc.	+56,857	2,109,664	$2,341,727
IEFA	iShares Core MSCI EAFE ETF	+47,410	1,180,715	$85,767,137
AMT	American Tower Corp	+44,790	87,845	$17,075,311
NTNX	Nutanix, Inc.	+37,703	141,578	$8,048,709
GSST	Goldman Sachs Ultra Short Bond ETF	+35,701	172,927	$8,709,468
PG	PROCTER & GAMBLE Co	+32,030	44,380	$7,319,149
PFE	Pfizer Inc	+26,534	369,718	$10,344,709
ACI	Albertsons Companies, Inc.	+25,000	50,000	$987,500
GNK	Genco Shipping & Trading Ltd	+24,668	797,096	$16,986,115
SBLK	Star Bulk Carriers Corp.	+21,880	719,747	$17,547,431
MSFT	Microsoft Corp	+21,265	115,907	$51,804,633
BOOM	DMC Global Inc.	+20,000	50,000	$721,000
SHOP	Shopify Inc.	+19,243	166,735	$11,012,846
HMOP	Hartford Municipal Opportunities ETF	+18,019	335,034	$12,965,815
META	Meta Platforms, Inc.	+17,614	44,308	$22,340,979
VIRT	Virtu Financial, Inc.	+17,350	876,653	$19,680,859
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PYPL	PayPal Holdings, Inc.	−123,618	8,737	$507,008
UBER	Uber Technologies, Inc	−56,452	178,421	$12,967,638
INTU	Intuit Inc.	−22,638	618	$406,155
CRWD	CrowdStrike Holdings, Inc.	−19,333	29,857	$11,440,903
TEVA	Teva Pharmaceutical Industries Ltd	−9,844	760,289	$12,354,696
KLAC	Kla Corp	−8,260	22,810	$18,807,073
F	Ford Motor Co	−7,551	92,076	$1,154,633
AVGO	Broadcom Inc.	−3,681	10,507	$16,869,303
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−2,801	10,967	$2,933,782
SCHB	Schwab U.S. Broad Market ETF	−2,522	7,250	$455,808
RES	Rpc Inc	−1,975	27,188	$169,925
SCHD	Schwab U.S. Dividend Equity ETF	−1,553	37,954	$2,951,303
DXJ	WisdomTree Japan Hedged Equity Fund	−1,388	2,000	$225,640
UNH	Unitedhealth Group Inc	−1,006	7,115	$3,623,384
SOUN	Soundhound Ai, Inc.	−995	45,005	$177,769
NFLX	Netflix Inc	−782	41,882	$28,265,324
USB	US Bancorp De	−563	10,754	$426,933
NEE	Nextera Energy Inc	−327	11,948	$846,037
MDT	Medtronic plc	−287	7,507	$590,875
JPST	JPMorgan Ultra-Short Income ETF	−272	9,898	$499,552
BMY	Bristol Myers Squibb Co	−266	7,086	$294,281
AON	Aon plc	−221	15,567	$4,570,159
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	−221	1,968	$445,220
GPN	Global Payments Inc	−171	13,781	$1,332,622
VIG	Vanguard Specialized Funds	−152	6,817	$1,244,443
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
CCJ	Cameco Corp	226,988	$11,167,809
ARM	Arm Holdings PLC	60,165	$9,844,197
ZS	Zscaler, Inc.	50,530	$9,711,360
OKLO	Oklo Inc.	739,872	$6,266,715
ICE	Intercontinental Exchange, Inc.	41,691	$5,707,080
TENB	Tenable Holdings, Inc.	112,603	$4,907,238
ALAB	Astera Labs, Inc.	74,781	$4,524,998
DHR	Danaher Corp	12,343	$3,083,898
BSM	Black Stone Minerals, L.P.	105,480	$1,652,871
AI	C3.ai, Inc.	54,510	$1,578,609
TITN	Titan Machinery Inc.	60,000	$954,000
SYF	Synchrony Financial	18,029	$850,788
LW	Lamb Weston Holdings, Inc.	10,101	$849,292
T	At&T Inc.	41,130	$785,994
WDC	Western Digital Corp	10,000	$757,700
NKE	NIKE, Inc.	9,396	$708,176
GD	General Dynamics Corp	2,428	$704,459
CMI	Cummins Inc	2,523	$698,694
YORW	York Water Co	14,922	$553,456
TYL	Tyler Technologies Inc	1,000	$502,780
EOS	Eaton Vance Enhanced Equity Income Fund II	22,500	$490,050
GLW	Corning Inc	12,285	$477,272
ASML	Asml Holding NV	439	$448,978
MRSH	Marsh & Mclennan Companies, Inc.	2,117	$446,094
FTV	Fortive Corp	6,000	$444,599
No positions match the current search.

Sold Out

Positions the filer fully exited

11 positions

Ticker	Company	Shares	Value
—		368,511	$9,695,525
PUBM	PubMatic, Inc.	280,902	$6,662,995
—		142,276	$3,834,339
DAC	Danaos Corp	7,500	$541,500
IVOO	VANGUARD S&P MID-CAP 400 INDEX FUND	2,534	$261,027
MCH	Matthews China Active ETF	13,640	$256,295
ADSK	Autodesk, Inc.	826	$215,106
GSK	GSK plc	4,959	$212,592
EQT	EQT Corp	5,573	$206,591
CBAN	Colony Bankcorp Inc	10,049	$115,563
—		2,979	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

365 tracked positions · $2,472,337,423 total · filing declares 376 positions · $2,497,793,227 · as of Jun 30, 2024

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 365 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
NVDA	Nvidia Corp Technology	Added	1,598,886	+1,431,064	$197,526,376	+30.3%	16	unpriced	7.99%
AAPL	Apple Inc. PUT + SHARES Technology	Added	922,440	+265,305	$194,284,312	+72.4%	18+	before history	7.86%
VUG	VANGUARD GROWTH INDEX FUND	Added	356,984	+5,922	$133,515,585	+10.5%	10	unpriced	5.40%
IEFA	iShares Core MSCI EAFE ETF	Added	1,180,715	+47,410	$85,767,137	+2.0%	7	unpriced	3.47%
UYLD	Angel Oak UltraShort Income ETF	Added	1,113,506	+66,119	$56,666,320	+6.3%	7	$50.40	2.29%
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	Added	92,732	+1,001	$53,468,380	+11.2%	5	unpriced	2.16%
MSFT	Microsoft Corp Technology	Added	115,907	+19,265	$51,804,633	+27.4%	18+	before history	2.10%
VTHR	VANGUARD RUSSELL 3000 INDEX FUND	Added	194,586	+4,098	$46,622,805	+5.1%	2	$221.92	1.89%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	91,602	+5,353	$37,263,693	+2.7%	18+	before history	1.51%
SPY	Spdr S&P 500 ETF Trust	Added	67,278	+860	$36,614,033	+5.4%	18+	before history	1.48%
JPM	Jpmorgan Chase & Co Financial Services	Added	173,117	+8,792	$35,014,644	+6.4%	18+	before history	1.42%
GOOGL	Alphabet Inc. Communication Services	Added	189,391	+9,312	$34,497,570	+26.9%	18+	before history	1.40%
TSLA	Tesla, Inc. CALL + SHARES Consumer Cyclical	Added	164,743	+1,275	$32,599,344	+13.4%	7	$237.54	1.32%
WMT	Walmart Inc. Consumer Defensive	Added	467,519	+10,869	$31,655,711	+15.2%	18+	before history	1.28%
KO	Coca Cola Co Consumer Defensive	Added	484,480	+277,788	$30,837,152	+143.9%	18+	before history	1.25%
AMZN	Amazon Com Inc PUT + SHARES Consumer Cyclical	Added	152,544	+8,255	$29,479,128	+13.3%	18+	before history	1.19%
COST	Costco Wholesale Corp Consumer Defensive	Added	33,371	+1,383	$28,365,016	+21.0%	18+	before history	1.15%
NFLX	Netflix Inc Communication Services	Reduced	41,882	-782	$28,265,324	+9.1%	8	$411.44	1.14%
ICSH	iShares Ultra Short Duration Bond Active ETF	Added	550,609	+342,237	$27,822,272	+164.1%	10	$50.36	1.13%
WMB	Williams Companies, Inc. Energy	Added	622,226	+16,168	$26,444,605	+12.0%	18+	before history	1.07%
PSX	Phillips 66 Energy	Added	181,408	+4,474	$25,609,367	−11.4%	15	$72.80	1.04%
DGRO	iShares Core Dividend Growth ETF	Added	419,637	+1,196	$24,175,287	−0.5%	16	unpriced	0.98%
XMHQ	Victory Portfolios II	Added	244,957	+3,257	$23,768,177	−10.6%	2	$98.00	0.96%
RTX	RTX Corp Industrials	Added	232,682	+6,519	$23,358,945	+5.9%	16	$74.35	0.94%
META	Meta Platforms, Inc. Communication Services	Added	44,308	+17,614	$22,340,979	+72.4%	17	$383.32	0.90%
FBND	Fidelity Total Bond ETF	Added	493,092	+11,943	$22,154,623	+1.6%	11	$50.03	0.90%
LRCX	Lam Research Corp Technology	Added	20,568	+564	$21,901,834	+12.7%	8	$493.61	0.89%
FNDX	Schwab Fundamental U.S. Large Company ETF	Added	322,098	+2,995	$21,574,156	+0.3%	18+	before history	0.87%
DLR	Digital Realty Trust, Inc. Real Estate	Added	134,661	+4,095	$20,475,205	+8.9%	5	$101.36	0.83%
JNJ	Johnson & Johnson PUT + SHARES Healthcare	Added	139,670	+17,968	$20,414,167	+6.0%	18+	before history	0.83%
MRK	Merck & Co., Inc. Healthcare	Added	162,476	+11,373	$20,114,528	+0.9%	18+	before history	0.81%
RSG	Republic Services, Inc. Industrials	Added	102,459	+2,018	$19,911,882	+3.6%	18+	before history	0.81%
LMT	Lockheed Martin Corp Industrials	Added	42,353	+770	$19,783,086	+4.6%	18+	before history	0.80%
VIRT	Virtu Financial, Inc. Financial Services	Added	876,653	+17,350	$19,680,859	+11.6%	18+	before history	0.80%
AMD	Advanced Micro Devices Inc Technology	Added	119,496	+7,791	$19,383,446	−3.9%	6	$92.24	0.78%
KLAC	Kla Corp Technology	Reduced	22,810	-8,260	$18,807,073	−13.3%	18+	before history	0.76%
MCD	Mcdonalds Corp Consumer Cyclical	Added	72,817	+1,919	$18,556,684	−7.2%	18+	before history	0.75%
SBLK	Star Bulk Carriers Corp. Industrials	Added	719,747	+21,880	$17,547,431	+5.3%	10	$25.41	0.71%
AMT	American Tower Corp Real Estate	Added	87,845	+44,790	$17,075,311	+100.7%	6	$197.68	0.69%
CME	Cme Group Inc. Financial Services	Added	86,703	+2,317	$17,045,809	−6.2%	17	$184.78	0.69%
GNK	Genco Shipping & Trading Ltd Industrials	Added	797,096	+24,668	$16,986,115	+8.2%	10	$18.70	0.69%
AVGO	Broadcom Inc. Technology	Reduced	10,507	-3,681	$16,869,303	−10.3%	16	$471.97	0.68%
KMI	Kinder Morgan, Inc. Energy	Added	837,868	+186,649	$16,648,437	+39.4%	4	$17.71	0.67%
DTM	DT Midstream, Inc. Energy	Added	233,217	+5,499	$16,565,403	+19.1%	12	$46.91	0.67%
JCPB	JPMorgan Core Plus Bond ETF	Added	348,833	+10,891	$16,161,432	+2.5%	8	$47.80	0.65%
IP	International Paper Co Consumer Cyclical	Added	370,271	+150,254	$15,977,193	+86.1%	2	$38.04	0.65%
HD	Home Depot, Inc. Consumer Cyclical	Added	46,003	+3,634	$15,836,072	−2.6%	18+	before history	0.64%
BJ	BJ's Wholesale Club Holdings, Inc. Consumer Defensive	Added	178,874	+4,359	$15,712,292	+19.0%	9	$64.73	0.64%
DTE	Dte Energy Co Utilities	Added	138,964	+4,733	$15,426,393	+2.5%	18+	before history	0.62%
DUK	Duke Energy CORP Utilities	Added	153,871	+4,067	$15,422,490	+6.5%	18+	before history	0.62%

Showing the top 50 of 365 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.