Fund Management at Engine No. 1 LLC

CIK

1927961

Location

SAN FRANCISCO, CA

Portfolio Value

Small $576,005,671

Diversification

Diversified

Filing Date

Global Rank

#1,844 / 6,898 ▲ 234 · as of Sep 2023

Top Industry

Software - Infrastructure 8.4%

3Y Alpha vs SPY

-0.3%

Period ended 2 years ago

Filed Nov 14, 2023 · 2y

7 quarters · since Mar 2022

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+75.4%

SPY

+76.8%

Annualised alpha

-0.3%

Max drawdown

−19.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

413 positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023

Top Position

7.3%

−0.1 pts

Top 5

20.9%

+3.7 pts

Top 10

30.3%

+4.1 pts

HHI

162

Diversified+31

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Technology	25.1%	$144,618,562	74
Industrials	19.9%	$114,541,893	63
Healthcare	11.6%	$66,865,919	52
Financial Services	10.6%	$60,789,038	56
Consumer Cyclical	9.1%	$52,701,350	38
Energy	6.5%	$37,469,367	20
Communication Services	5.6%	$32,417,674	15
Consumer Defensive	5.1%	$29,252,543	27
Utilities	2.3%	$13,392,395	25
Basic Materials	2.1%	$11,876,249	19
Real Estate	1.9%	$11,096,009	23
Unclassified	0.2%	$984,672	1

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
WSC	WillScot Holdings Corp	+53,366	182,117	$7,574,246
XOM	Exxon Mobil Corp	+35,869	115,858	$13,622,583
OXY	Occidental Petroleum Corp /De/	+28,288	99,292	$6,442,064
MSFT	Microsoft Corp	+27,575	132,588	$41,864,661
GE	General Electric Co	+25,780	100,400	$8,858,111
RSG	Republic Services, Inc.	+24,784	85,690	$12,211,681
UNP	Union Pacific Corp	+19,114	61,966	$12,618,136
AMZN	Amazon Com Inc	+13,640	129,854	$16,507,040
T	At&T Inc.	+9,197	102,255	$1,535,870
PCG	PG&E Corp	+8,875	29,921	$482,625
BAC	Bank Of America Corp /De/	+8,602	98,870	$2,707,060
GFL	GFL Environmental Inc.	+8,364	16,073	$510,478
CSX	Csx Corp	+8,115	50,375	$1,549,031
GOOGL	Alphabet Inc.	+7,505	84,849	$11,103,340
PFE	Pfizer Inc	+7,252	80,744	$2,678,278
CPRT	Copart Inc	+6,848	12,430	$535,608
HUBB	Hubbell Inc	+6,385	7,082	$2,219,569
INTC	Intel Corp	+5,587	59,890	$2,129,089
VZ	Verizon Communications Inc	+5,388	60,122	$1,948,554
F	Ford Motor Co	+5,086	56,242	$698,525
KO	Coca Cola Co	+4,987	55,655	$3,115,566
CSCO	Cisco Systems, Inc.	+4,951	58,276	$3,132,917
SRE	Sempra	+4,901	8,999	$612,201
CMCSA	Comcast Corp	+4,714	58,862	$2,446,057
MU	Micron Technology Inc	+4,608	21,938	$1,492,442
No positions match the current search.

Trimmed

Positions the filer reduced

15 positions

Ticker	Company	Δ Shares	Shares	Value
GM	General Motors Co	−31,157	19,677	$648,750
CP	Canadian Pacific Kansas City Ltd/Cn	−30,183	65,321	$4,860,535
AMAT	Applied Materials Inc /De	−27,203	56,029	$7,757,215
WM	Waste Management Inc	−10,447	56,997	$8,688,622
TT	Trane Technologies plc	−3,142	18,489	$3,751,602
WMS	Advanced Drainage Systems, Inc.	−2,804	2,577	$293,339
ROK	Rockwell Automation, Inc	−2,618	13,763	$3,934,428
JCI	Johnson Controls International plc	−2,240	9,729	$517,680
WAB	Westinghouse Air Brake Technologies Corp	−1,702	2,562	$272,263
CAT	Caterpillar Inc	−1,583	12,128	$3,310,944
XYL	Xylem Inc.	−1,541	3,445	$313,598
DE	Deere & Co	−1,210	9,669	$3,648,887
ADI	Analog Devices Inc	−523	7,171	$1,255,570
TMUS	T-Mobile US, Inc.	−98	7,402	$1,036,650
MLM	Martin Marietta Materials Inc	−76	2,691	$1,104,601
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AAPL	Apple Inc.	210,177	$35,984,404
VRT	Vertiv Holdings Co	301,724	$11,224,132
NVT	nVent Electric plc	49,664	$2,631,695
VST	Vistra Corp.	60,318	$2,001,351
SAIA	Saia Inc	1,155	$460,440
ZM	Zoom Communications, Inc.	3,585	$250,734
DELL	Dell Technologies Inc.	3,623	$249,624
PTC	Ptc Inc.	1,702	$241,139
FDS	Factset Research Systems Inc	546	$238,743
JBL	Jabil Inc	1,875	$237,918
CF	CF Industries Holdings, Inc.	2,757	$236,385
FCNCA	First Citizens Bancshares Inc /De/	170	$234,617
PHM	Pultegroup Inc/Mi/	3,140	$232,517
AKAM	Akamai Technologies Inc	2,172	$231,404
EG	Everest Group, Ltd.	621	$230,807
CINF	Cincinnati Financial Corp	2,242	$229,334
TXT	Textron Inc	2,832	$221,292
JBHT	Hunt J B Transport Services Inc	1,170	$220,568
RS	Reliance, Inc.	837	$219,486
EPAM	EPAM Systems, Inc.	830	$212,222
AVY	Avery Dennison Corp	1,152	$210,435
EQT	EQT Corp	5,165	$209,595
TSN	Tyson Foods, Inc.	4,080	$205,999
AVTR	Avantor, Inc.	9,681	$204,075
J	Jacobs Solutions Inc.	1,799	$203,117
No positions match the current search.

Sold Out

Positions the filer fully exited

13 positions

Ticker	Company	Shares	Value
RTX	RTX Corp	19,023	$1,863,493
AON	Aon plc	2,660	$918,232
FTNT	Fortinet, Inc.	8,486	$641,456
TRV	Travelers Companies, Inc.	3,007	$522,195
COR	Cencora, Inc.	2,108	$405,642
PODD	Insulet Corp	907	$261,524
UAL	United Airlines Holdings, Inc.	4,270	$234,294
LW	Lamb Weston Holdings, Inc.	1,897	$218,060
CAG	Conagra Brands Inc.	6,207	$209,300
BBY	Best Buy Co Inc	2,535	$207,743
SJM	J M SMUCKER Co	1,389	$205,113
DGX	Quest Diagnostics Inc	1,458	$204,936
PAYC	Paycom Software, Inc.	633	$203,344
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

413 positions · $576,005,671 total · as of Sep 30, 2023

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

Showing 1–50 of 413 positions by value · page 1 of 9

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Added	132,588	+27,575	$41,864,661	+17.1%	7.27%
AAPL	Apple Inc. Technology	NEW	210,177	NEW	$35,984,404	NEW	6.25%
AMZN	Amazon Com Inc Consumer Cyclical	Added	129,854	+13,640	$16,507,040	+9.0%	2.87%
XOM	Exxon Mobil Corp Energy	Added	115,858	+35,869	$13,622,583	+58.8%	2.37%
UNP	Union Pacific Corp Industrials	Added	61,966	+19,114	$12,618,136	+43.9%	2.19%
RSG	Republic Services, Inc. Industrials	Added	85,690	+24,784	$12,211,681	+30.9%	2.12%
VRT	Vertiv Holdings Co Industrials	NEW	301,724	NEW	$11,224,132	NEW	1.95%
GOOGL	Alphabet Inc. Communication Services	Added	84,849	+7,505	$11,103,340	+19.9%	1.93%
TSLA	Tesla, Inc. Consumer Cyclical	Added	39,491	+4,418	$9,881,438	+7.6%	1.72%
META	Meta Platforms, Inc. Communication Services	Added	31,787	+2,986	$9,542,775	+15.5%	1.66%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	26,081	+2,865	$9,136,174	+15.4%	1.59%
GE	General Electric Co Industrials	Added	100,400	+25,780	$8,858,111	+35.4%	1.54%
WM	Waste Management Inc Industrials	Reduced	56,997	-10,447	$8,688,622	−25.7%	1.51%
AMAT	Applied Materials Inc /De Technology	Reduced	56,029	-27,203	$7,757,215	−35.5%	1.35%
WSC	WillScot Holdings Corp Industrials	Added	182,117	+53,366	$7,574,246	+23.1%	1.31%
UNH	Unitedhealth Group Inc Healthcare	Added	13,248	+1,127	$6,679,509	+14.7%	1.16%
OXY	Occidental Petroleum Corp /De/ Energy	Added	99,292	+28,288	$6,442,064	+54.3%	1.12%
LLY	ELI LILLY & Co Healthcare	Added	11,405	+1,147	$6,125,967	+27.3%	1.06%
JPM	Jpmorgan Chase & Co Financial Services	Added	41,561	+3,517	$6,027,176	+8.9%	1.05%
JNJ	Johnson & Johnson Healthcare	Added	34,440	+607	$5,364,030	−4.2%	0.93%
V	Visa Inc. Financial Services	Added	22,980	+1,912	$5,285,629	+5.6%	0.92%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	33,715	+3,029	$4,917,669	+5.6%	0.85%
CP	Canadian Pacific Kansas City Ltd/Cn Industrials	Reduced	65,321	-30,183	$4,860,535	−37.0%	0.84%
MA	Mastercard Inc Financial Services	Added	11,900	+1,006	$4,711,329	+10.0%	0.82%
HD	Home Depot, Inc. Consumer Cyclical	Added	14,379	+1,196	$4,344,758	+6.1%	0.75%
CVX	Chevron Corp Energy	Added	25,375	+2,686	$4,278,732	+19.8%	0.74%
ROK	Rockwell Automation, Inc Industrials	Reduced	13,763	-2,618	$3,934,428	−27.1%	0.68%
ABBV	AbbVie Inc. Healthcare	Added	25,243	+2,274	$3,762,721	+21.6%	0.65%
TT	Trane Technologies plc Industrials	Reduced	18,489	-3,142	$3,751,602	−9.3%	0.65%
MRK	Merck & Co., Inc. Healthcare	Added	36,292	+3,258	$3,736,261	−2.0%	0.65%
DE	Deere & Co Industrials	Reduced	9,669	-1,210	$3,648,887	−17.2%	0.63%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	6,338	+564	$3,580,716	+15.2%	0.62%
PEP	Pepsico Inc Consumer Defensive	Added	19,688	+1,752	$3,335,934	+0.4%	0.58%
ADBE	Adobe Inc. Technology	Added	6,519	+547	$3,324,038	+13.8%	0.58%
CAT	Caterpillar Inc Industrials	Reduced	12,128	-1,583	$3,310,944	−1.9%	0.57%
CSCO	Cisco Systems, Inc. Technology	Added	58,276	+4,951	$3,132,917	+13.6%	0.54%
KO	Coca Cola Co Consumer Defensive	Added	55,655	+4,987	$3,115,566	+2.1%	0.54%
CRM	Salesforce, Inc. Technology	Added	13,930	+1,185	$2,824,725	+4.9%	0.49%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	5,519	+497	$2,793,552	+6.6%	0.48%
ACN	Accenture plc Technology	Added	9,020	+799	$2,770,132	+9.2%	0.48%
MCD	Mcdonalds Corp Consumer Cyclical	Added	10,422	+916	$2,745,571	−3.2%	0.48%
BAC	Bank Of America Corp /De/ Financial Services	Added	98,870	+8,602	$2,707,060	+4.5%	0.47%
PFE	Pfizer Inc Healthcare	Added	80,744	+7,252	$2,678,278	−0.6%	0.46%
NVT	nVent Electric plc Industrials	NEW	49,664	NEW	$2,631,695	NEW	0.46%
FSLR	First Solar, Inc. Technology	Added	16,221	+2,540	$2,621,151	+0.8%	0.46%
LIN	Linde PLC Basic Materials	Added	6,979	+605	$2,598,630	+7.0%	0.45%
CMCSA	Comcast Corp Communication Services	Added	58,862	+4,714	$2,446,057	+16.0%	0.42%
ABT	Abbott Laboratories Healthcare	Added	24,819	+2,178	$2,403,720	−2.6%	0.42%
ORCL	Oracle Corp Technology	Added	22,514	+2,478	$2,384,682	−0.1%	0.41%
AMD	Advanced Micro Devices Inc Technology	Added	23,107	+2,143	$2,375,861	−0.5%	0.41%