Flagship Private Wealth 13F annual report

Flagship Private Wealth is an investment fund managing more than $164 billion ran by Betsy Johnson. There are currently 40 companies in Mrs. Johnson’s portfolio. The largest investments include Ishares Tr and Spdr S&p 500 Etf Tr, together worth $104 billion.

Limited to 30 biggest holdings

$164 billion Assets Under Management (AUM)

As of 15th July 2024, Flagship Private Wealth’s top holding is 754,771 shares of Ishares Tr currently worth over $89.1 billion and making up 54.5% of the portfolio value. In addition, the fund holds 28,111 shares of Spdr S&p 500 Etf Tr worth $15.3 billion. The third-largest holding is Vanguard World Fd worth $11.3 billion and the next is Invesco Exchange Traded Fd T worth $6.49 billion, with 91,751 shares owned.

Currently, Flagship Private Wealth's portfolio is worth at least $164 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 Flagship Private Wealth

The Flagship Private Wealth office and employees reside in Woburn, Massachusetts. According to the last 13-F report filed with the SEC, Betsy Johnson serves as the CCO at Flagship Private Wealth.

Recent trades

In the most recent 13F filing, Flagship Private Wealth revealed that it had opened a new position in VanEck ETF Trust and bought 8,576 shares worth $291 million. This means they effectively own approximately 0.1% of the company. VanEck ETF Trust makes up 100.0% of the fund's Miscellaneous 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 98,758 additional shares. This makes their stake in Ishares Tr total 754,771 shares worth $89.1 billion.

On the other hand, there are companies that Flagship Private Wealth is getting rid of from its portfolio. Flagship Private Wealth closed its position in Ishares Tr on 22nd July 2024. It sold the previously owned 5,468 shares for $604 million. Betsy Johnson also disclosed a decreased stake in Spdr S&p 500 Etf Tr by approximately 0.1%. This leaves the value of the investment at $15.3 billion and 28,111 shares.

One of the smallest hedge funds

The two most similar investment funds to Flagship Private Wealth are Ivy Lane Capital Management and Rhs. They manage $163 billion and $163 billion respectively.

Betsy Johnson investment strategy

Flagship Private Wealth’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 1.5% of the total portfolio value. The fund focuses on investments in the United States as 27.5% 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 25% of the total holdings value. On the other hand, small-cap stocks make up only 5.0% of the portfolio. The average market cap of the portfolio companies is close to $481 billion.

The complete list of Flagship Private Wealth trades based on 13F SEC filings

These positions were updated on July 22nd 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	15.05% 754,771	$89,114,518,000	54.48%
Spdr S&p 500 Etf Tr	6.61% 28,111	$15,298,634,000	9.35%
Vanguard World Fd	1.92% 29,208	$11,344,408,000	6.94%
Invesco Exchange Traded Fd T	4.14% 91,751	$6,489,606,000	3.97%
Vanguard Index Fds	1.91% 36,103	$8,536,042,000	5.22%
Select Sector Spdr Tr	11.77% 35,735	$5,002,661,000	3.06%
Vanguard Bd Index Fds	13.88% 33,229	$2,394,147,000	1.46%
Blackrock Municipal Income	2.06% 175,294	$2,163,129,000	1.32%
Spdr Ser Tr	8.85% 133,887	$6,009,776,000	3.67%
Spdr Gold Tr	18.62% 6,147	$1,321,662,000	0.81%
Apple Inc	0.66% 5,579	$1,175,048,000	0.72%
Pimco Dynamic Income Fd	3.03% 54,085	$1,017,338,000	0.62%
Fs Kkr Cap Corp	0.41% 49,437	$975,384,000	0.60%
Ishares U S Etf Tr	33.44% 17,742	$889,773,000	0.54%
Spdr Index Shs Fds	0.66% 20,506	$1,091,488,000	0.67%
Home Depot, Inc.	No change 2,432	$837,095,000	0.51%
Vanguard Specialized Funds	No change 4,544	$829,432,000	0.51%
Invesco Exch Traded Fd Tr Ii	0.06% 14,449	$1,487,672,000	0.91%
Gartner, Inc.	No change 1,753	$787,202,000	0.48%
Vanguard Admiral Fds Inc	37.84% 7,686	$754,882,000	0.46%
Entegris Inc	No change 4,488	$607,676,000	0.37%
Wp Carey Inc	11.10% 9,279	$510,809,000	0.31%
Rbb Fd Inc	49.96% 10,528	$504,765,000	0.31%
American Express Co.	3.95% 2,106	$487,613,000	0.30%
Vanguard Intl Equity Index F	10.76% 3,902	$439,434,000	0.27%
Microsoft Corporation	2.82% 913	$407,981,000	0.25%
Schwab Strategic Tr	7.91% 8,777	$677,396,000	0.41%
Amazon.com Inc.	0.64% 1,886	$364,471,000	0.22%
Spdr S&p Midcap 400 Etf Tr	5.70% 629	$336,753,000	0.21%
Ishares Tr	Closed 5,468	$603,514,000
Select Sector Spdr Tr	Closed 3,832	$292,640,000
VanEck ETF Trust	Opened 8,576	$290,986,000	0.18%
Ishares Inc	40.62% 3,219	$284,044,000	0.17%
Goldman Sachs Group, Inc.	No change 545	$246,301,000	0.15%
Alphabet Inc	Opened 1,276	$234,069,000	0.14%
Mcdonalds Corp	Opened 909	$231,669,000	0.14%
Autodesk Inc.	No change 920	$227,654,000	0.14%
Invesco Exch Traded Fd Tr Ii	Closed 7,314	$211,461,000
Purecycle Technologies Inc	13.49% 14,555	$86,166,000	0.05%
Advisorshares Tr	Opened 10,347	$75,845,000	0.05%
Quantum Si Inc	No change 14,158	$14,866,000	0.01%
Eos Energy Enterprises, Inc.	Opened 10,766	$13,673,000	0.01%
Butterfly Network Inc	No change 11,653	$9,798,000	0.01%
No transactions found
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