Core Wealth Management 13F annual report
Core Wealth Management is an investment fund managing more than $246 billion ran by Todd Schanel. There are currently 17 companies in Mr. Schanel’s portfolio. The largest investments include Dimensional Etf Trust and Dimensional Etf Trust, together worth $238 billion.
$246 billion Assets Under Management (AUM)
As of 18th July 2024, Core Wealth Management’s top holding is 7,414,599 shares of Dimensional Etf Trust currently worth over $234 billion and making up 95.0% of the portfolio value.
In addition, the fund holds 83,440 shares of Dimensional Etf Trust worth $3.83 billion.
The third-largest holding is NextEra Inc worth $1.78 billion and the next is Mcdonalds Corp worth $820 million, with 3,219 shares owned.
Currently, Core Wealth Management's portfolio is worth at least $246 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 Core Wealth Management
The Core Wealth Management office and employees reside in Jupiter, Florida. According to the last 13-F report filed with the SEC, Todd Schanel serves as the President & Chief Compliance Officer at Core Wealth Management.
Recent trades
In the most recent 13F filing, Core Wealth Management revealed that it had opened a new position in
Dimensional Etf Trust and bought 83,440 shares worth $3.83 billion.
The investment fund also strengthened its position in Dimensional Etf Trust by buying
803,954 additional shares.
This makes their stake in Dimensional Etf Trust total 7,414,599 shares worth $234 billion.
On the other hand, there are companies that Core Wealth Management is getting rid of from its portfolio.
Core Wealth Management closed its position in Alphabet Inc on 25th July 2024.
It sold the previously owned 5,360 shares for $648 million.
Todd Schanel also disclosed a decreased stake in Mcdonalds Corp by 0.3%.
This leaves the value of the investment at $820 million and 3,219 shares.
One of the smaller hedge funds
The two most similar investment funds to Core Wealth Management are Cavalier Investments and Sara-bay. They manage $246 billion and $246 billion respectively.
Todd Schanel investment strategy
Core Wealth Management’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 0.8% of
the total portfolio value.
The fund focuses on investments in the United States as
47.1% 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
41% 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 $720 billion.
The complete list of Core Wealth Management trades based on 13F SEC filings
These positions were updated on July 25th 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 |
|---|---|---|---|
| Dimensional Etf Trust |
12.16%
7,414,599
|
$234,269,937,000 | 95.05% |
| Dimensional Etf Trust |
Opened
83,440
|
$3,834,212,000 | 1.56% |
| NextEra Energy Inc |
49.14%
25,075
|
$1,775,561,000 | 0.72% |
| Mcdonalds Corp |
25.71%
3,219
|
$820,330,000 | 0.33% |
| Alphabet Inc |
34.52%
4,496
|
$818,946,000 | 0.33% |
| Microsoft Corporation |
13.82%
1,524
|
$681,152,000 | 0.28% |
| Alphabet Inc |
Closed
5,360
|
$648,399,000 | |
| Amazon.com Inc. |
Opened
3,330
|
$643,523,000 | 0.26% |
| Apple Inc |
81.75%
2,968
|
$625,201,000 | 0.25% |
| Vanguard Index Fds |
10.68%
2,072
|
$554,281,000 | 0.22% |
| Ishares Tr |
7.65%
6,878
|
$953,107,000 | 0.39% |
| NVIDIA Corp |
Opened
2,640
|
$326,146,000 | 0.13% |
| Spdr Ser Tr |
13.25%
2,298
|
$292,260,000 | 0.12% |
| Paychex Inc. |
Closed
2,348
|
$262,671,000 | |
| Procter And Gamble Co |
32.59%
1,353
|
$223,137,000 | 0.09% |
| Chesapeake Utils Corp |
No change
2,069
|
$219,728,000 | 0.09% |
| Palo Alto Networks Inc |
Opened
602
|
$204,084,000 | 0.08% |
| Vanguard Index Fds |
Opened
541
|
$202,339,000 | 0.08% |
| Empire St Rlty Tr Inc |
Closed
13,332
|
$99,857,000 | |
| Cano Health Inc |
Closed
59,000
|
$82,010,000 | |
| Chargepoint Holdings Inc. |
60.84%
21,931
|
$33,116,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||
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