Private Wealth 13F annual report
Private Wealth is an investment fund managing more than $188 billion ran by Michael Anderson. There are currently 23 companies in Mr. Anderson’s portfolio. The largest investments include Spdr Ser Tr and Berkshire Hathaway, together worth $127 billion.
$188 billion Assets Under Management (AUM)
As of 17th July 2024, Private Wealth’s top holding is 2,066,027 shares of Spdr Ser Tr currently worth over $116 billion and making up 61.8% of the portfolio value.
In addition, the fund holds 27,100 shares of Berkshire Hathaway worth $11 billion, whose value grew 14.5% in the past six months.
The third-largest holding is Invesco Exchange Traded Fd T worth $13.8 billion and the next is First Tr Exchange-traded Fd worth $7.56 billion, with 99,901 shares owned.
Currently, Private Wealth's portfolio is worth at least $188 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 Private Wealth
The Private Wealth office and employees reside in Tampa, Florida. According to the last 13-F report filed with the SEC, Michael Anderson serves as the Principal at Private Wealth.
Recent trades
In the most recent 13F filing, Private Wealth revealed that it had increased its stake in
Select Sector Spdr Tr and bought 89 additional shares worth around .
On the other hand, there are companies that Private Wealth is getting rid of from its portfolio.
Private Wealth closed its position in Spdr Ser Tr on 24th July 2024.
It sold the previously owned 14,614 shares for $412 million.
Michael Anderson also disclosed a decreased stake in Spdr Ser Tr by approximately 0.1%.
This leaves the value of the investment at $116 billion and 2,066,027 shares.
One of the smallest hedge funds
The two most similar investment funds to Private Wealth are Sitrin Capital Management and Clarus Wealth Advisors. They manage $188 billion and $188 billion respectively.
Michael Anderson investment strategy
Private Wealth’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Finance — making up 6.1% of
the total portfolio value.
The fund focuses on investments in the United States as
30.4% 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
26% 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 $866 billion.
The complete list of Private Wealth trades based on 13F SEC filings
These positions were updated on July 24th 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 Ser Tr |
2.22%
2,066,027
|
$116,283,874,000 | 61.80% |
| Berkshire Hathaway Inc. |
2.06%
27,100
|
$11,024,280,000 | 5.86% |
| Invesco Exchange Traded Fd T |
2.32%
218,152
|
$13,846,692,000 | 7.36% |
| First Tr Exchange-traded Fd |
0.86%
99,901
|
$7,558,510,000 | 4.02% |
| Ishares Tr |
1.01%
151,657
|
$12,237,386,000 | 6.50% |
| Vanguard Bd Index Fds |
No change
51,133
|
$3,850,582,000 | 2.05% |
| Select Sector Spdr Tr |
0.12%
71,892
|
$6,256,415,000 | 3.33% |
| Vanguard Index Fds |
0.26%
23,492
|
$5,275,876,000 | 2.80% |
| Spdr S&p 500 Etf Tr |
No change
4,852
|
$2,640,555,000 | 1.40% |
| Wells Fargo Co New |
No change
20,112
|
$1,194,452,000 | 0.63% |
| Spdr S&p Midcap 400 Etf Tr |
No change
1,887
|
$1,009,696,000 | 0.54% |
| Vanguard World Fd |
No change
14,524
|
$2,397,887,000 | 1.27% |
| Apple Inc |
0.45%
3,769
|
$793,913,000 | 0.42% |
| Alphabet Inc |
No change
3,740
|
$685,991,000 | 0.36% |
| Vanguard Tax-managed Fds |
No change
9,356
|
$462,374,000 | 0.25% |
| Heico Corp. |
No change
2,333
|
$414,154,000 | 0.22% |
| Spdr Ser Tr |
Closed
14,614
|
$411,823,000 | |
| Spdr Index Shs Fds |
1.44%
10,628
|
$400,357,000 | 0.21% |
| Plumas Bancorp. |
No change
11,016
|
$396,356,000 | 0.21% |
| Microsoft Corporation |
No change
784
|
$350,409,000 | 0.19% |
| Vanguard Specialized Funds |
No change
1,709
|
$311,978,000 | 0.17% |
| Bank Ozk Little Rock Ark |
No change
7,529
|
$308,689,000 | 0.16% |
| Abbvie Inc |
No change
1,498
|
$256,937,000 | 0.14% |
| Calamos Strategic Total Retu |
No change
11,404
|
$192,043,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 24 holdings | |||
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