The largest asset in Rockefeller Capital Management’s portfolio is the shares of Microsoft. The company’s stake in this IT giant totals 2.97 million shares, or 4.98% of its portfolio. The fund has been investing in Bill Gates' corporation since 2018. Over the past year, the shares of the tech behemoth have soared by 41.04%. The target price for Microsoft stock is $272.71, implying a surge of 17.38% over the next 12 months.
The second largest asset in RCM's portfolio is the shares of another tech giant, Apple (3.9 million shares, or 3.44% of the total portfolio). Over the past year, its stocks have skyrocketed by 80.75%. According to experts, Apple's 12-month stock price target is $152.06. This scenario suggests a marked increase of 26.10%.
The honorable third place in the Rockefeller family's investment portfolio goes to Amazon stocks. The investment firm holds 136,000 shares, which account for 3% of its portfolio. In 2020, the online retailer’s stocks surged by 76.26%. Analysts are overwhelmingly bullish towards the security, predicting a 31.29% increase in the stock value to $3,999.36 within the year.
The fourth-largest holding in the Rockefeller Capital Management portfolio is Facebook's stock. RCM owns over 1 million shares of the world's largest social media network, which represents 2.12% of the company's investment portfolio. Over the past year, the shares of Facebook have spiked by 33.09%. Its 12-month stock price target is $338.05 (+21.28%).
SPDR S&P 500 ETF Trust shares
The SPDR S&P 500 ETF Trust closes the list of the top five stocks owned by the Rockefeller family. The company’s stake in SPY is modest - about 651,000 shares, or 1.82% of the total investment portfolio. The exchange-traded fund tracks the dynamics of the S&P 500 index, which includes stocks of the largest US corporations. In 2020, the fund's shares gained 16.16%. Since the beginning of this year, they have added 5%.