Rench Wealth Management 13F annual report
Rench Wealth Management is an investment fund managing more than $279 billion ran by Casey Rench. There are currently 44 companies in Rench’s portfolio. The largest investments include NVIDIA Corp and Microsoft, together worth $51.8 billion.
$279 billion Assets Under Management (AUM)
As of 6th August 2024, Rench Wealth Management’s top holding is 241,677 shares of NVIDIA Corp currently worth over $29.9 billion and making up 10.7% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Rench Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 49,040 shares of Microsoft worth $21.9 billion, whose value grew 0.1% in the past six months.
The third-largest holding is Apple Inc worth $19.6 billion and the next is Gallagher Arthur J Co worth $12 billion, with 46,175 shares owned.
Currently, Rench Wealth Management's portfolio is worth at least $279 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 Rench Wealth Management
The Rench Wealth Management office and employees reside in Denton, Texas. According to the last 13-F report filed with the SEC, Casey Rench serves as the Chief Compliance Officer at Rench Wealth Management.
Recent trades
In the most recent 13F filing, Rench Wealth Management revealed that it had opened a new position in
Walmart Inc and bought 2,981 shares worth $202 million.
This means they effectively own approximately 0.1% of the company.
Walmart Inc makes up
100.0%
of the fund's Consumer Staples sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
217,135 additional shares.
This makes their stake in NVIDIA Corp total 241,677 shares worth $29.9 billion.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Rench Wealth Management is getting rid of from its portfolio.
Rench Wealth Management closed its position in American Elec Pwr Co Inc on 13th August 2024.
It sold the previously owned 5,041 shares for $434 million.
Casey Rench also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $21.9 billion and 49,040 shares.
One of the smaller hedge funds
The two most similar investment funds to Rench Wealth Management are Pacifica Capital Investments and Boyd Watterson Asset Management oh. They manage $278 billion and $278 billion respectively.
Casey Rench investment strategy
Rench Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 31.4% of
the total portfolio value.
The fund focuses on investments in the United States as
61.4% 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
61% 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 $324 billion.
The complete list of Rench Wealth Management trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| NVIDIA Corp |
884.75%
241,677
|
$29,856,796,000 | 10.72% |
| Microsoft Corporation |
1.00%
49,040
|
$21,918,500,000 | 7.87% |
| Apple Inc |
0.47%
93,290
|
$19,648,688,000 | 7.05% |
| Gallagher Arthur J Co |
1.40%
46,175
|
$11,973,576,000 | 4.30% |
| Jpmorgan Chase Co. |
3.04%
51,383
|
$10,392,744,000 | 3.73% |
| Procter And Gamble Co |
1.91%
56,786
|
$9,365,206,000 | 3.36% |
| Alphabet Inc |
2.23%
50,754
|
$9,309,354,000 | 3.34% |
| Amazon.com Inc. |
1.62%
46,700
|
$9,024,810,000 | 3.24% |
| Johnson Johnson |
3.14%
59,356
|
$8,675,456,000 | 3.11% |
| Lam Research Corp. |
0.18%
7,685
|
$8,183,849,000 | 2.94% |
| Booz Allen Hamilton Hldg Cor |
0.46%
49,278
|
$7,583,907,000 | 2.72% |
| Abbott Labs |
0.06%
69,133
|
$7,183,621,000 | 2.58% |
| Applied Matls Inc |
0.17%
30,233
|
$7,134,633,000 | 2.56% |
| Microchip Technology, Inc. |
0.12%
76,098
|
$6,962,934,000 | 2.50% |
| Paychex Inc. |
0.02%
57,115
|
$6,771,501,000 | 2.43% |
| L3Harris Technologies Inc |
2.05%
27,846
|
$6,253,562,000 | 2.25% |
| Intuitive Surgical Inc |
7.70%
13,009
|
$5,787,054,000 | 2.08% |
| Unitedhealth Group Inc |
3.33%
10,750
|
$5,474,728,000 | 1.97% |
| Costco Whsl Corp New |
6.30%
6,382
|
$5,424,307,000 | 1.95% |
| Exxon Mobil Corp. |
4.28%
45,948
|
$5,289,532,000 | 1.90% |
| Elevance Health Inc |
3.69%
9,758
|
$5,287,347,000 | 1.90% |
| Merck Co Inc |
0.80%
42,552
|
$5,267,997,000 | 1.89% |
| Intuit Inc |
6.08%
7,399
|
$4,862,492,000 | 1.75% |
| Dominos Pizza Inc |
3.82%
9,001
|
$4,647,404,000 | 1.67% |
| Mastercard Incorporated |
4.77%
10,489
|
$4,627,211,000 | 1.66% |
| NextEra Energy Inc |
2.93%
65,222
|
$4,618,349,000 | 1.66% |
| Chevron Corp. |
5.54%
28,946
|
$4,527,680,000 | 1.63% |
| United Parcel Service, Inc. |
0.68%
33,038
|
$4,521,313,000 | 1.62% |
| Fastenal Co. |
8.62%
68,524
|
$4,306,053,000 | 1.55% |
| Entergy Corp. |
1.24%
38,718
|
$4,142,869,000 | 1.49% |
| Verizon Communications Inc |
1.06%
99,803
|
$4,115,890,000 | 1.48% |
| Republic Svcs Inc |
4.94%
20,771
|
$4,036,569,000 | 1.45% |
| Boeing Co. |
0.58%
21,043
|
$3,830,068,000 | 1.38% |
| Lowes Cos Inc |
3.27%
17,319
|
$3,818,043,000 | 1.37% |
| Cisco Sys Inc |
1.40%
73,784
|
$3,505,464,000 | 1.26% |
| Public Svc Enterprise Grp In |
1.94%
47,488
|
$3,499,895,000 | 1.26% |
| The Southern Co. |
1.74%
44,072
|
$3,418,637,000 | 1.23% |
| Schwab Strategic Tr |
3.52%
10,060
|
$782,241,000 | 0.28% |
| International Business Machs |
0.50%
4,053
|
$700,910,000 | 0.25% |
| Ecolab, Inc. |
0.27%
2,569
|
$611,361,000 | 0.22% |
| American Elec Pwr Co Inc |
Closed
5,041
|
$434,058,000 | |
| D.R. Horton Inc. |
0.68%
2,966
|
$417,974,000 | 0.15% |
| Intel Corp. |
Closed
8,630
|
$381,169,000 | |
| Pepsico Inc |
1.70%
1,965
|
$324,167,000 | 0.12% |
| Oneok Inc. |
1.23%
2,794
|
$227,828,000 | 0.08% |
| Walmart Inc |
Opened
2,981
|
$201,850,000 | 0.07% |
| No transactions found | |||
| Showing first 500 out of 46 holdings | |||
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