Beirne Wealth Consulting Services 13F annual report
Beirne Wealth Consulting Services is an investment fund managing more than $248 billion ran by Dennis Grubelic. There are currently 64 companies in Mr. Grubelic’s portfolio. The largest investments include Ishares Tr and Vanguard Tax-managed Fds, together worth $167 billion.
$248 billion Assets Under Management (AUM)
As of 5th August 2024, Beirne Wealth Consulting Services’s top holding is 1,689,873 shares of Ishares Tr currently worth over $148 billion and making up 59.5% of the portfolio value.
In addition, the fund holds 393,793 shares of Vanguard Tax-managed Fds worth $19.5 billion.
The third-largest holding is Ishares Inc worth $9.22 billion and the next is Vanguard Intl Equity Index F worth $6.63 billion, with 151,480 shares owned.
Currently, Beirne Wealth Consulting Services's portfolio is worth at least $248 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 Beirne Wealth Consulting Services
The Beirne Wealth Consulting Services office and employees reside in Shelton, Connecticut. According to the last 13-F report filed with the SEC, Dennis Grubelic serves as the CCO at Beirne Wealth Consulting Services.
Recent trades
In the most recent 13F filing, Beirne Wealth Consulting Services revealed that it had opened a new position in
Corning and bought 7,747 shares worth $301 million.
This means they effectively own approximately 0.1% of the company.
Corning makes up
4.4%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Ishares Tr by buying
135,997 additional shares.
This makes their stake in Ishares Tr total 1,689,873 shares worth $148 billion.
On the other hand, there are companies that Beirne Wealth Consulting Services is getting rid of from its portfolio.
Beirne Wealth Consulting Services closed its position in Olin on 12th August 2024.
It sold the previously owned 5,000 shares for $294 million.
Dennis Grubelic also disclosed a decreased stake in Apollo Global Mgmt Inc by approximately 0.1%.
This leaves the value of the investment at $2.03 billion and 17,160 shares.
One of the smallest hedge funds
The two most similar investment funds to Beirne Wealth Consulting Services are Three Bridge Wealth Advisors and Leading Edge Planning. They manage $248 billion and $248 billion respectively.
Dennis Grubelic investment strategy
Beirne Wealth Consulting Services’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 2.7% of
the total portfolio value.
The fund focuses on investments in the United States as
37.5% 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
34% of the total holdings value.
On the other hand, small-cap stocks make up only 6.3% of the portfolio.
The average market cap of the portfolio companies is close to $244 billion.
The complete list of Beirne Wealth Consulting Services trades based on 13F SEC filings
These positions were updated on August 12th 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 |
|---|---|---|---|
| Ishares Tr |
8.75%
1,689,873
|
$147,658,932,000 | 59.53% |
| Vanguard Tax-managed Fds |
1.60%
393,793
|
$19,461,298,000 | 7.85% |
| Ishares Inc |
30.06%
176,915
|
$9,223,234,000 | 3.72% |
| Vanguard Intl Equity Index F |
1.82%
151,480
|
$6,628,845,000 | 2.67% |
| Vanguard Index Fds |
4.41%
91,437
|
$19,108,022,000 | 7.70% |
| Microsoft Corporation |
No change
9,216
|
$4,119,116,000 | 1.66% |
| Apple Inc |
No change
19,219
|
$4,047,906,000 | 1.63% |
| VanEck ETF Trust |
32.19%
126,254
|
$4,578,150,000 | 1.85% |
| Apollo Global Mgmt Inc |
1.94%
17,160
|
$2,026,138,000 | 0.82% |
| Altimmune Inc |
1.83%
277,800
|
$1,847,370,000 | 0.74% |
| Amazon.com Inc. |
No change
8,476
|
$1,637,987,000 | 0.66% |
| Etfis Ser Tr I |
0.47%
37,423
|
$1,538,150,000 | 0.62% |
| Cameco Corp. |
No change
30,517
|
$1,501,462,000 | 0.61% |
| Exxon Mobil Corp. |
5.27%
11,025
|
$1,269,255,000 | 0.51% |
| Spdr Sp 500 Etf Tr |
0.09%
2,297
|
$1,254,634,000 | 0.51% |
| Alps Etf Tr |
0.65%
24,973
|
$1,198,233,000 | 0.48% |
| Mr. Cooper Group Inc |
No change
14,750
|
$1,198,143,000 | 0.48% |
| Spdr Gold Tr |
0.54%
5,559
|
$1,195,241,000 | 0.48% |
| Chevron Corp. |
No change
5,805
|
$908,018,000 | 0.37% |
| AMGEN Inc. |
No change
2,772
|
$866,111,000 | 0.35% |
| Wheaton Precious Metals Corp |
6.51%
15,489
|
$811,978,000 | 0.33% |
| Alphabet Inc |
1.89%
7,770
|
$1,420,273,000 | 0.57% |
| Tidewater Inc. |
40.00%
7,500
|
$714,075,000 | 0.29% |
| Sitio Royalties Corp |
9.72%
27,392
|
$646,745,000 | 0.26% |
| Agnico Eagle Mines Ltd |
15.25%
9,639
|
$630,395,000 | 0.25% |
| Pan Amern Silver Corp |
0.13%
29,379
|
$584,062,000 | 0.24% |
| John Hancock Exchange Traded |
4.03%
8,536
|
$554,927,000 | 0.22% |
| Transocean Ltd |
No change
100,077
|
$535,412,000 | 0.22% |
| MAG Silver Corp. |
2.39%
42,800
|
$499,476,000 | 0.20% |
| Fidelity Covington Trust |
8.27%
19,349
|
$487,133,000 | 0.20% |
| Enovix Corporation |
47.62%
31,000
|
$479,260,000 | 0.19% |
| Deere Co |
No change
1,255
|
$470,751,000 | 0.19% |
| Berkshire Hathaway Inc. |
No change
1,104
|
$449,107,000 | 0.18% |
| Durect Corp |
21.49%
343,822
|
$443,533,000 | 0.18% |
| Bank America Corp |
1.69%
10,818
|
$430,276,000 | 0.17% |
| Spdr Sp Midcap 400 Etf Tr |
2.25%
772
|
$414,860,000 | 0.17% |
| Jpmorgan Chase Co. |
No change
2,027
|
$409,981,000 | 0.17% |
| Visa Inc |
No change
1,535
|
$402,891,000 | 0.16% |
| Ishares U S Etf Tr |
9.52%
7,938
|
$399,592,000 | 0.16% |
| Equinox Gold Corp |
No change
76,000
|
$397,480,000 | 0.16% |
| Conocophillips |
No change
3,399
|
$388,778,000 | 0.16% |
| Oracle Corp. |
No change
2,387
|
$337,044,000 | 0.14% |
| Honeywell International Inc |
No change
1,551
|
$331,201,000 | 0.13% |
| Goldman Sachs Group, Inc. |
0.55%
726
|
$328,590,000 | 0.13% |
| Vanguard Scottsdale Fds |
No change
4,245
|
$326,758,000 | 0.13% |
| Qualcomm, Inc. |
No change
1,580
|
$314,704,000 | 0.13% |
| NVIDIA Corp |
940.93%
2,467
|
$304,825,000 | 0.12% |
| Corning, Inc. |
Opened
7,747
|
$300,978,000 | 0.12% |
| Olin Corp. |
Closed
5,000
|
$294,000,000 | |
| Eli Lilly Co |
No change
294
|
$266,182,000 | 0.11% |
| Bank New York Mellon Corp |
No change
4,405
|
$263,815,000 | 0.11% |
| Duke Energy Corp. |
0.32%
2,530
|
$253,585,000 | 0.10% |
| Select Sector Spdr Tr |
No change
1,100
|
$248,853,000 | 0.10% |
| Phillips 66 |
No change
1,700
|
$239,989,000 | 0.10% |
| Precision Drilling Corp |
No change
3,270
|
$230,012,000 | 0.09% |
| Kkr Co Inc |
No change
2,145
|
$225,824,000 | 0.09% |
| Danaher Corp. |
Closed
900
|
$224,883,000 | |
| Pepsico Inc |
Closed
1,211
|
$213,469,000 | |
| Air Prods Chems Inc |
Opened
800
|
$206,440,000 | 0.08% |
| Newmont Corp |
Opened
4,887
|
$204,619,000 | 0.08% |
| Abbvie Inc |
3.53%
1,174
|
$201,364,000 | 0.08% |
| Mcdonalds Corp |
Closed
711
|
$200,466,000 | |
| Mcewen Mng Inc |
No change
20,000
|
$183,600,000 | 0.07% |
| Barrick Gold Corp. |
No change
10,628
|
$177,275,000 | 0.07% |
| NexGen Energy Ltd |
No change
25,000
|
$174,500,000 | 0.07% |
| Lineage Cell Therapeutics In |
No change
45,000
|
$44,879,000 | 0.02% |
| Cerus Corp. |
No change
11,000
|
$19,360,000 | 0.01% |
| United States Antimony Corp. |
Opened
25,000
|
$8,403,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 68 holdings | |||
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