Schrum Private Wealth Management 13F annual report
Schrum Private Wealth Management is an investment fund managing more than $110 billion ran by Owen Schrum. There are currently 96 companies in Mr. Schrum’s portfolio. The largest investments include Spdr Sp 500 Etf Tr and Microsoft, together worth $18.8 billion.
$110 billion Assets Under Management (AUM)
As of 23rd July 2024, Schrum Private Wealth Management’s top holding is 19,982 shares of Spdr Sp 500 Etf Tr currently worth over $10.9 billion and making up 9.9% of the portfolio value.
In addition, the fund holds 17,795 shares of Microsoft worth $7.95 billion, whose value grew 7.0% in the past six months.
The third-largest holding is Apple Inc worth $5.49 billion and the next is First Tr Exchange Traded Fd worth $10.4 billion, with 136,568 shares owned.
Currently, Schrum Private Wealth Management's portfolio is worth at least $110 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 Schrum Private Wealth Management
The Schrum Private Wealth Management office and employees reside in St. Augustine, Florida. According to the last 13-F report filed with the SEC, Owen Schrum serves as the President CEO at Schrum Private Wealth Management.
Recent trades
In the most recent 13F filing, Schrum Private Wealth Management revealed that it had opened a new position in
Ameren and bought 6,107 shares worth $434 million.
This means they effectively own approximately 0.1% of the company.
Ameren makes up
43.3%
of the fund's Utilities sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Spdr Sp 500 Etf Tr by buying
440 additional shares.
This makes their stake in Spdr Sp 500 Etf Tr total 19,982 shares worth $10.9 billion.
On the other hand, there are companies that Schrum Private Wealth Management is getting rid of from its portfolio.
Schrum Private Wealth Management closed its position in 3M Co on 30th July 2024.
It sold the previously owned 3,985 shares for $399 million.
Owen Schrum also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $7.95 billion and 17,795 shares.
One of the smallest hedge funds
The two most similar investment funds to Schrum Private Wealth Management are Upper Left Wealth Management and All Season Advisors. They manage $110 billion and $110 billion respectively.
Owen Schrum investment strategy
Schrum Private Wealth Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 11.6% of
the total portfolio value.
The fund focuses on investments in the United States as
42.7% 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
46% 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 $268 billion.
The complete list of Schrum Private Wealth Management 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 |
|---|---|---|---|
| Spdr Sp 500 Etf Tr |
2.25%
19,982
|
$10,874,369,000 | 9.85% |
| Microsoft Corporation |
1.61%
17,795
|
$7,953,294,000 | 7.21% |
| Apple Inc |
3.85%
26,048
|
$5,486,303,000 | 4.97% |
| First Tr Exchange Traded Fd |
1.24%
136,568
|
$10,400,740,000 | 9.43% |
| Invesco Exchange Traded Fd T |
16.19%
29,577
|
$3,755,371,000 | 3.40% |
| Jpmorgan Chase Co. |
0.79%
11,533
|
$2,332,573,000 | 2.11% |
| Vanguard Index Fds |
49.30%
9,237
|
$3,154,373,000 | 2.86% |
| Ishares Tr |
32.14%
53,743
|
$7,159,350,000 | 6.49% |
| Spdr Ser Tr |
17.67%
65,345
|
$3,923,987,000 | 3.56% |
| American Wtr Wks Co Inc New |
5.34%
15,434
|
$1,993,420,000 | 1.81% |
| Vanguard World Fd |
6.04%
3,407
|
$1,964,429,000 | 1.78% |
| Accenture Plc Ireland |
13.73%
6,410
|
$1,944,753,000 | 1.76% |
| Visa Inc |
5.05%
7,130
|
$1,871,411,000 | 1.70% |
| Abbvie Inc |
0.23%
10,555
|
$1,810,359,000 | 1.64% |
| Schwab Strategic Tr |
0.45%
45,372
|
$3,158,710,000 | 2.86% |
| Lockheed Martin Corp. |
4.85%
3,337
|
$1,558,888,000 | 1.41% |
| Pepsico Inc |
5.29%
9,086
|
$1,498,151,000 | 1.36% |
| Palo Alto Networks Inc |
37.24%
4,282
|
$1,451,817,000 | 1.32% |
| Taiwan Semiconductor Mfg Ltd |
13.82%
7,683
|
$1,335,457,000 | 1.21% |
| Abbott Labs |
1.18%
11,715
|
$1,217,351,000 | 1.10% |
| Home Depot, Inc. |
0.29%
3,445
|
$1,185,751,000 | 1.07% |
| Chevron Corp. |
2.37%
7,376
|
$1,153,666,000 | 1.05% |
| Intuitive Surgical Inc |
1.98%
2,569
|
$1,142,821,000 | 1.04% |
| Johnson Johnson |
3.95%
6,948
|
$1,015,531,000 | 0.92% |
| Oracle Corp. |
0.18%
7,093
|
$1,001,579,000 | 0.91% |
| Mcdonalds Corp |
0.45%
3,796
|
$967,251,000 | 0.88% |
| Procter And Gamble Co |
0.57%
5,400
|
$890,576,000 | 0.81% |
| Vanguard Intl Equity Index F |
0.97%
7,539
|
$849,022,000 | 0.77% |
| General Mls Inc |
20.46%
12,148
|
$768,486,000 | 0.70% |
| Select Sector Spdr Tr |
0.05%
4,180
|
$762,414,000 | 0.69% |
| Exxon Mobil Corp. |
21.13%
6,490
|
$747,037,000 | 0.68% |
| Applied Matls Inc |
No change
3,050
|
$719,770,000 | 0.65% |
| Goldman Sachs Etf Tr |
1.43%
6,559
|
$701,507,000 | 0.64% |
| Spdr Sp Midcap 400 Etf Tr |
No change
1,298
|
$694,770,000 | 0.63% |
| NVIDIA Corp |
904.04%
5,472
|
$675,949,000 | 0.61% |
| Vanguard Specialized Funds |
7.12%
3,627
|
$662,227,000 | 0.60% |
| Alphabet Inc |
15.69%
6,158
|
$1,126,236,000 | 1.02% |
| Coca-Cola Co |
0.70%
10,032
|
$638,526,000 | 0.58% |
| RTX Corp |
10.25%
6,079
|
$610,298,000 | 0.55% |
| Pfizer Inc. |
23.02%
20,644
|
$577,626,000 | 0.52% |
| Schlumberger Ltd. |
2.29%
12,169
|
$574,115,000 | 0.52% |
| NextEra Energy Inc |
7.47%
8,047
|
$569,790,000 | 0.52% |
| Norfolk Southn Corp |
No change
2,633
|
$565,279,000 | 0.51% |
| Bank America Corp |
19.67%
12,119
|
$481,990,000 | 0.44% |
| Disney Walt Co |
1.05%
4,820
|
$478,572,000 | 0.43% |
| Spdr Dow Jones Indl Average |
98.82%
1,179
|
$461,150,000 | 0.42% |
| Merck Co Inc |
6.11%
3,697
|
$457,603,000 | 0.41% |
| Ameren Corp. |
Opened
6,107
|
$434,269,000 | 0.39% |
| Revvity Inc. |
No change
4,000
|
$419,440,000 | 0.38% |
| Conocophillips |
1.23%
3,604
|
$412,234,000 | 0.37% |
| Union Pac Corp |
No change
1,800
|
$407,268,000 | 0.37% |
| Illinois Tool Wks Inc |
No change
1,700
|
$402,832,000 | 0.37% |
| 3M Co. |
Closed
3,985
|
$398,849,000 | |
| Ishares Tr |
Opened
11,146
|
$926,409,000 | 0.84% |
| Blackstone Inc |
10.94%
2,849
|
$352,684,000 | 0.32% |
| Allstate Corp (The) |
No change
2,200
|
$351,252,000 | 0.32% |
| Costco Whsl Corp New |
Opened
409
|
$347,645,000 | 0.32% |
| Novo-nordisk A S |
Opened
2,402
|
$342,861,000 | 0.31% |
| Unilever plc |
1.01%
6,223
|
$342,213,000 | 0.31% |
| Walmart Inc |
220.96%
5,039
|
$341,214,000 | 0.31% |
| Discover Finl Svcs |
No change
2,507
|
$327,941,000 | 0.30% |
| Goldman Sachs Group, Inc. |
No change
724
|
$327,480,000 | 0.30% |
| Wisdomtree Tr |
No change
2,900
|
$327,178,000 | 0.30% |
| Verizon Communications Inc |
29.29%
7,873
|
$324,672,000 | 0.29% |
| Autodesk Inc. |
No change
1,300
|
$321,686,000 | 0.29% |
| Becton Dickinson Co |
No change
1,350
|
$315,542,000 | 0.29% |
| Qualcomm, Inc. |
Opened
1,559
|
$310,522,000 | 0.28% |
| Vanguard Index Fds |
Opened
1,151
|
$307,935,000 | 0.28% |
| Abrdn Etfs |
3.82%
9,397
|
$304,662,000 | 0.28% |
| Bristol-Myers Squibb Co. |
Closed
4,578
|
$292,765,000 | |
| Honeywell International Inc |
0.22%
1,359
|
$289,972,000 | 0.26% |
| Lowes Cos Inc |
0.08%
1,311
|
$288,988,000 | 0.26% |
| First Tr Value Line Divid In |
No change
7,009
|
$285,617,000 | 0.26% |
| Ishares Gold Tr |
No change
6,415
|
$281,811,000 | 0.26% |
| Amazon.com Inc. |
Opened
1,457
|
$281,565,000 | 0.26% |
| AMGEN Inc. |
Opened
890
|
$278,081,000 | 0.25% |
| Philip Morris International Inc |
26.70%
2,743
|
$277,948,000 | 0.25% |
| Cisco Sys Inc |
0.74%
5,747
|
$273,018,000 | 0.25% |
| Altria Group Inc. |
0.02%
5,895
|
$268,501,000 | 0.24% |
| Target Corp |
1.59%
1,792
|
$265,271,000 | 0.24% |
| General Amern Invs Co Inc |
No change
5,062
|
$251,683,000 | 0.23% |
| United Parcel Service, Inc. |
4.00%
1,824
|
$249,676,000 | 0.23% |
| Diageo plc |
No change
1,946
|
$245,352,000 | 0.22% |
| Vanguard World Fd |
Opened
1,743
|
$240,883,000 | 0.22% |
| Phillips 66 |
Opened
1,642
|
$231,806,000 | 0.21% |
| Invesco Exch Traded Fd Tr Ii |
0.46%
3,523
|
$228,837,000 | 0.21% |
| Danaher Corp. |
No change
913
|
$228,113,000 | 0.21% |
| Invesco Exchange Traded Fd T |
Opened
4,300
|
$451,149,000 | 0.41% |
| Digital Rlty Tr Inc |
Opened
1,492
|
$226,903,000 | 0.21% |
| Nike, Inc. |
5.21%
3,000
|
$226,110,000 | 0.20% |
| Select Sector Spdr Tr |
Opened
999
|
$226,033,000 | 0.20% |
| Starbucks Corp. |
0.76%
2,869
|
$223,352,000 | 0.20% |
| American Tower Corp. |
32.41%
1,126
|
$218,879,000 | 0.20% |
| Mondelez International Inc. |
23.75%
3,210
|
$210,062,000 | 0.19% |
| International Business Machs |
Opened
1,208
|
$208,942,000 | 0.19% |
| Cigna Group (The) |
Opened
633
|
$208,820,000 | 0.19% |
| Linde Plc. |
Opened
472
|
$207,118,000 | 0.19% |
| Invesco Exch Traded Fd Tr Ii |
Opened
3,715
|
$205,393,000 | 0.19% |
| Blackrock Mun Income Tr |
Closed
15,500
|
$154,070,000 | |
| No transactions found | |||
| Showing first 500 out of 99 holdings | |||
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