Bnc Wealth Management 13F annual report

Bnc Wealth Management is an investment fund managing more than $268 billion ran by Michelle Eldridge. There are currently 87 companies in Mrs. Eldridge’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $42.2 billion.

Limited to 30 biggest holdings

$268 billion Assets Under Management (AUM)

As of 29th July 2024, Bnc Wealth Management’s top holding is 187,922 shares of NVIDIA Corp currently worth over $23.2 billion and making up 8.7% of the portfolio value. Relative to the number of outstanding shares of NVIDIA Corp, Bnc Wealth Management owns more than approximately 0.1% of the company. In addition, the fund holds 90,206 shares of Apple Inc worth $19 billion, whose value grew 17.1% in the past six months. The third-largest holding is Microsoft worth $15.7 billion and the next is Amazon.com worth $15 billion, with 77,684 shares owned.

Currently, Bnc Wealth Management's portfolio is worth at least $268 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 Bnc Wealth Management

The Bnc Wealth Management office and employees reside in Beaverton, Oregon. According to the last 13-F report filed with the SEC, Michelle Eldridge serves as the SR. COMPLIANCE OFFICER at Bnc Wealth Management.

Recent trades

In the most recent 13F filing, Bnc Wealth Management revealed that it had opened a new position in Super Micro Computer Inc and bought 4,697 shares worth $3.85 billion. This means they effectively own approximately 0.1% of the company. Super Micro Computer Inc makes up 3.7% 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 NVIDIA Corp by buying 170,026 additional shares. This makes their stake in NVIDIA Corp total 187,922 shares worth $23.2 billion. NVIDIA Corp dropped approximately 0.1% in the past year.

On the other hand, there are companies that Bnc Wealth Management is getting rid of from its portfolio. Bnc Wealth Management closed its position in Booking Inc on 5th August 2024. It sold the previously owned 1,229 shares for $4.46 billion. Michelle Eldridge also disclosed a decreased stake in Select Sector Spdr Tr by 0.4%. This leaves the value of the investment at $6.67 billion and 38,652 shares.

One of the smaller hedge funds

The two most similar investment funds to Bnc Wealth Management are Empower Annuity Insurance Co and Clean Yield. They manage $268 billion and $268 billion respectively.


Michelle Eldridge investment strategy

Bnc Wealth Management’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Technology — making up 38.8% of the total portfolio value. The fund focuses on investments in the United States as 56.3% 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 51% 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 $235 billion.

The complete list of Bnc Wealth Management trades based on 13F SEC filings

These positions were updated on August 5th 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
950.08%
187,922
$23,215,905,000 8.68%
Apple Inc
3.14%
90,206
$18,999,164,000 7.10%
Microsoft Corporation
6.54%
35,040
$15,661,191,000 5.85%
Amazon.com Inc.
20.13%
77,684
$15,012,433,000 5.61%
Alphabet Inc
23.50%
66,604
$12,136,035,000 4.54%
Invesco Exch Trd Slf Idx Fd
23.96%
174,201
$9,143,784,000 3.42%
Tesla Inc
8.56%
39,639
$7,843,849,000 2.93%
Arista Networks Inc
40.15%
20,919
$7,331,691,000 2.74%
Advanced Micro Devices Inc.
11.29%
42,884
$6,956,214,000 2.60%
Meta Platforms Inc
12.19%
13,761
$6,938,655,000 2.59%
Cadence Design System Inc
14.86%
20,570
$6,330,418,000 2.37%
KLA Corp.
11.21%
7,171
$5,912,605,000 2.21%
Select Sector Spdr Tr
40.21%
38,652
$6,668,723,000 2.49%
Costco Whsl Corp New
181.22%
6,319
$5,371,297,000 2.01%
Marsh Mclennan Cos Inc
1.96%
25,001
$5,268,211,000 1.97%
Transdigm Group Incorporated
13.84%
3,948
$5,044,142,000 1.89%
Jpmorgan Chase Co.
237.97%
23,171
$4,686,490,000 1.75%
Phillips 66
7.31%
32,038
$4,522,772,000 1.69%
Salesforce Inc
18.41%
17,374
$4,466,865,000 1.67%
Booking Holdings Inc
Closed
1,229
$4,458,672,000
Intuitive Surgical Inc
10.25%
10,005
$4,450,724,000 1.66%
Palo Alto Networks Inc
8.43%
13,128
$4,450,523,000 1.66%
Marathon Pete Corp
7.15%
24,893
$4,318,351,000 1.61%
Oracle Corp.
12.40%
28,715
$4,054,603,000 1.52%
Vanguard Index Fds
3.91%
14,649
$3,918,880,000 1.46%
Super Micro Computer Inc
Opened
4,697
$3,848,487,000 1.44%
ServiceNow Inc
1,471.82%
4,574
$3,598,229,000 1.34%
Garmin Ltd
11.44%
20,834
$3,394,208,000 1.27%
Spdr Sp 500 Etf Tr
1.96%
6,214
$3,381,552,000 1.26%
American Express Co.
12.55%
13,577
$3,143,785,000 1.17%
Caterpillar Inc.
26.60%
9,319
$3,104,227,000 1.16%
Crowdstrike Holdings Inc
16.14%
8,088
$3,099,241,000 1.16%
Everest Group Ltd
Closed
7,711
$3,065,194,000
Monster Beverage Corp.
Closed
49,085
$2,909,759,000
Deckers Outdoor Corp.
Opened
2,664
$2,578,878,000 0.96%
Diamondback Energy Inc
Opened
12,762
$2,554,896,000 0.95%
Starbucks Corp.
4.30%
31,313
$2,437,711,000 0.91%
Grainger W W Inc
30.47%
2,642
$2,383,734,000 0.89%
Vertex Pharmaceuticals, Inc.
Closed
5,405
$2,259,344,000
Conocophillips
505.86%
19,654
$2,248,031,000 0.84%
Old Dominion Freight Line In
21.49%
11,998
$2,118,861,000 0.79%
Zscaler Inc
Closed
9,938
$1,914,357,000
Netflix Inc.
Opened
2,530
$1,707,446,000 0.64%
Home Depot, Inc.
0.91%
4,881
$1,680,235,000 0.63%
Visa Inc
56.40%
6,263
$1,643,850,000 0.61%
Eog Res Inc
Opened
12,841
$1,616,297,000 0.60%
Thermo Fisher Scientific Inc.
0.56%
2,660
$1,470,980,000 0.55%
Vanguard Specialized Funds
0.75%
7,980
$1,456,749,000 0.54%
Axon Enterprise Inc
Opened
4,923
$1,448,544,000 0.54%
Schwab Strategic Tr
6.49%
51,897
$3,481,889,000 1.30%
PayPal Holdings Inc
Opened
23,185
$1,345,426,000 0.50%
Chipotle Mexican Grill
Opened
21,000
$1,315,650,000 0.49%
Mastercard Incorporated
1.66%
2,900
$1,279,467,000 0.48%
Danaher Corp.
1.72%
4,292
$1,072,441,000 0.40%
Novo-nordisk A S
0.53%
6,955
$992,757,000 0.37%
Parker-Hannifin Corp.
0.52%
1,901
$961,545,000 0.36%
Boeing Co.
17.98%
5,227
$951,416,000 0.36%
Ishares Tr
13.16%
6,720
$1,381,444,000 0.52%
Rambus Inc.
0.54%
14,268
$838,388,000 0.31%
Berkshire Hathaway Inc.
0.61%
1,964
$798,955,000 0.30%
Union Pac Corp
3.20%
3,359
$760,113,000 0.28%
Accenture Plc Ireland
3.75%
2,436
$739,107,000 0.28%
Nuveen Quality Muncp Income
No change
55,683
$653,722,000 0.24%
Qualcomm, Inc.
1.26%
3,134
$624,225,000 0.23%
Select Sector Spdr Tr
Closed
6,239
$963,964,000
Johnson Johnson
4.29%
3,812
$557,152,000 0.21%
Lowes Cos Inc
0.72%
2,483
$547,462,000 0.20%
GE Aerospace
8.72%
3,286
$522,437,000 0.20%
Nike, Inc.
16.64%
6,300
$474,804,000 0.18%
Exxon Mobil Corp.
0.69%
3,614
$416,091,000 0.16%
Pacer Fds Tr
93.79%
9,207
$401,078,000 0.15%
Spdr Dow Jones Indl Average
8.97%
1,025
$400,952,000 0.15%
Wells Fargo Co New
0.02%
6,558
$389,499,000 0.15%
Glacier Bancorp, Inc.
No change
10,105
$377,119,000 0.14%
Intel Corp.
22.36%
12,018
$372,200,000 0.14%
Amplify Etf Tr
Closed
5,717
$366,517,000
Vanguard World Fd
37.74%
3,842
$604,044,000 0.23%
Spdr Gold Tr
Closed
1,624
$334,089,000
Philip Morris International Inc
6.21%
3,020
$306,017,000 0.11%
Bank America Corp
0.40%
7,688
$305,757,000 0.11%
Mcdonalds Corp
3.47%
1,134
$289,110,000 0.11%
Rockwell Automation Inc
7.18%
983
$270,600,000 0.10%
CSX Corp.
1.14%
7,771
$259,940,000 0.10%
Micron Technology Inc.
No change
1,925
$253,195,000 0.09%
Deere Co
No change
674
$251,917,000 0.09%
Ishares Tr
Closed
3,228
$455,437,000
Procter And Gamble Co
No change
1,460
$240,726,000 0.09%
Ishares Silver Tr
No change
9,000
$239,130,000 0.09%
Weyerhaeuser Co Mtn Be
3.18%
8,217
$233,281,000 0.09%
Us Bancorp Del
0.52%
5,593
$222,049,000 0.08%
Ishares Tr
Opened
2,195
$213,069,000 0.08%
Caseys Gen Stores Inc
Opened
552
$210,621,000 0.08%
Travelers Companies Inc.
Closed
912
$209,888,000
Abbvie Inc
Closed
1,126
$205,080,000
Eli Lilly Co
Opened
225
$203,711,000 0.08%
Gabelli Util Tr
13.99%
14,196
$84,041,000 0.03%
AMMO, Inc.
No change
48,000
$80,640,000 0.03%
Anavex Life Sciences Corporation
40.06%
10,250
$43,255,000 0.02%
No transactions found
Showing first 500 out of 98 holdings