Seven Springs Wealth 13F annual report
Seven Springs Wealth is an investment fund managing more than $256 billion ran by Jeremy Hutzel. There are currently 41 companies in Mr. Hutzel’s portfolio. The largest investments include Ishares Tr and Cigna, together worth $140 billion.
$256 billion Assets Under Management (AUM)
As of 23rd July 2024, Seven Springs Wealth’s top holding is 2,371,369 shares of Ishares Tr currently worth over $98.5 billion and making up 38.5% of the portfolio value.
In addition, the fund holds 126,254 shares of Cigna worth $41.7 billion, whose value grew 12.3% in the past six months.
The third-largest holding is Schwab Strategic Tr worth $37.6 billion and the next is Spdr Index Shs Fds worth $7.99 billion, with 227,754 shares owned.
Currently, Seven Springs Wealth's portfolio is worth at least $256 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 Seven Springs Wealth
The Seven Springs Wealth office and employees reside in Brentwood, Tennessee. According to the last 13-F report filed with the SEC, Jeremy Hutzel serves as the President/CCO/Managing Member at Seven Springs Wealth.
Recent trades
In the most recent 13F filing, Seven Springs Wealth revealed that it had opened a new position in
Global X Fds and bought 5,051 shares worth $258 million.
The investment fund also strengthened its position in Ishares Tr by buying
249,157 additional shares.
This makes their stake in Ishares Tr total 2,371,369 shares worth $98.5 billion.
On the other hand, there are companies that Seven Springs Wealth is getting rid of from its portfolio.
Seven Springs Wealth closed its position in General Mls Inc on 30th July 2024.
It sold the previously owned 2,969 shares for $208 million.
Jeremy Hutzel also disclosed a decreased stake in Cigna by approximately 0.1%.
This leaves the value of the investment at $41.7 billion and 126,254 shares.
One of the smaller hedge funds
The two most similar investment funds to Seven Springs Wealth are Allred Capital Management and Dodds Wealth. They manage $256 billion and $256 billion respectively.
Jeremy Hutzel investment strategy
Seven Springs Wealth’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Health Care — making up 16.7% of
the total portfolio value.
The fund focuses on investments in the United States as
53.7% 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
56% 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 $393 billion.
The complete list of Seven Springs Wealth trades based on 13F SEC filings
These positions were updated on July 30th 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 |
11.74%
2,371,369
|
$98,546,664,000 | 38.54% |
| Cigna Group (The) |
6.20%
126,254
|
$41,735,785,000 | 16.32% |
| Schwab Strategic Tr |
0.01%
1,006,934
|
$37,608,863,000 | 14.71% |
| Spdr Index Shs Fds |
1.37%
227,754
|
$7,989,594,000 | 3.12% |
| Vanguard Intl Equity Index F |
40.94%
165,522
|
$7,497,796,000 | 2.93% |
| American Centy Etf Tr |
0.32%
99,596
|
$6,468,760,000 | 2.53% |
| Amazon.com Inc. |
2.33%
27,971
|
$5,405,396,000 | 2.11% |
| Alphabet Inc |
1.84%
31,892
|
$5,813,001,000 | 2.27% |
| Vanguard Specialized Funds |
1.16%
28,643
|
$5,228,746,000 | 2.04% |
| Duke Energy Corp. |
2.62%
34,450
|
$3,452,924,000 | 1.35% |
| Verizon Communications Inc |
3.34%
82,393
|
$3,397,887,000 | 1.33% |
| Bank America Corp |
3.38%
2,536
|
$3,033,462,000 | 1.19% |
| Apple Inc |
1.09%
14,099
|
$2,969,531,000 | 1.16% |
| Wells Fargo Co New |
3.55%
2,419
|
$2,876,118,000 | 1.12% |
| Select Sector Spdr Tr |
No change
31,178
|
$4,001,895,000 | 1.56% |
| Dimensional Etf Trust |
0.42%
93,146
|
$2,818,509,000 | 1.10% |
| Vanguard Index Fds |
1.84%
11,199
|
$2,665,485,000 | 1.04% |
| Berkshire Hathaway Inc. |
No change
2
|
$1,224,482,000 | 0.48% |
| Home Depot, Inc. |
No change
3,454
|
$1,188,893,000 | 0.46% |
| NVIDIA Corp |
898.88%
8,910
|
$1,100,741,000 | 0.43% |
| Salesforce Inc |
0.07%
4,231
|
$1,087,790,000 | 0.43% |
| Microsoft Corporation |
0.16%
2,430
|
$1,086,089,000 | 0.42% |
| Spdr Ser Tr |
No change
8,192
|
$1,041,859,000 | 0.41% |
| Pepsico Inc |
No change
4,955
|
$817,228,000 | 0.32% |
| Johnson & Johnson |
No change
4,790
|
$700,106,000 | 0.27% |
| Accenture Plc Ireland |
No change
2,251
|
$682,976,000 | 0.27% |
| Exxon Mobil Corp. |
No change
5,039
|
$580,090,000 | 0.23% |
| Union Pac Corp |
0.13%
2,395
|
$541,893,000 | 0.21% |
| HCA Healthcare Inc |
0.16%
1,224
|
$393,247,000 | 0.15% |
| Dell Technologies Inc |
No change
2,850
|
$393,044,000 | 0.15% |
| Coca-Cola Co |
7.56%
6,114
|
$389,156,000 | 0.15% |
| Fastenal Co. |
No change
6,000
|
$377,040,000 | 0.15% |
| Cummins Inc. |
0.15%
1,351
|
$374,132,000 | 0.15% |
| Qualcomm, Inc. |
No change
1,700
|
$338,606,000 | 0.13% |
| Oracle Corp. |
No change
2,235
|
$315,582,000 | 0.12% |
| Linde Plc. |
No change
707
|
$310,239,000 | 0.12% |
| GE Aerospace |
No change
1,827
|
$290,438,000 | 0.11% |
| Wisdomtree Tr |
No change
3,600
|
$261,900,000 | 0.10% |
| Global X Fds |
Opened
5,051
|
$257,854,000 | 0.10% |
| 3M Co. |
No change
2,500
|
$255,475,000 | 0.10% |
| General Mls Inc |
Closed
2,969
|
$207,741,000 | |
| Mcdonalds Corp |
Closed
735
|
$207,233,000 | |
| Vanguard World Fd |
Opened
657
|
$206,436,000 | 0.08% |
| No transactions found | |||
| Showing first 500 out of 43 holdings | |||
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