Wescap Management 13F annual report
Wescap Management is an investment fund managing more than $353 billion ran by Eric Weinlein. There are currently 63 companies in Mr. Weinlein’s portfolio. The largest investments include Invesco Exchange Traded Fd T and Dbx Etf Tr, together worth $67.6 billion.
$353 billion Assets Under Management (AUM)
As of 1st August 2024, Wescap Management’s top holding is 317,191 shares of Invesco Exchange Traded Fd T currently worth over $44.2 billion and making up 12.5% of the portfolio value.
In addition, the fund holds 564,313 shares of Dbx Etf Tr worth $23.4 billion.
The third-largest holding is Schwab Strategic Tr worth $25.7 billion and the next is Ishares Gold Tr worth $19.7 billion, with 447,938 shares owned.
Currently, Wescap Management's portfolio is worth at least $353 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 Wescap Management
The Wescap Management office and employees reside in Glendale, California. According to the last 13-F report filed with the SEC, Eric Weinlein serves as the CFO/CCO at Wescap Management.
Recent trades
In the most recent 13F filing, Wescap Management revealed that it had opened a new position in
Wisdomtree Tr and bought 34,209 shares worth $1.72 billion.
The investment fund also strengthened its position in Invesco Exchange Traded Fd T by buying
772 additional shares.
This makes their stake in Invesco Exchange Traded Fd T total 317,191 shares worth $44.2 billion.
On the other hand, there are companies that Wescap Management is getting rid of from its portfolio.
Wescap Management closed its position in Laboratory Corp Amer Hldgs on 8th August 2024.
It sold the previously owned 2,060 shares for $450 million.
Eric Weinlein also disclosed a decreased stake in Ishares Gold Tr by approximately 0.1%.
This leaves the value of the investment at $19.7 billion and 447,938 shares.
One of the smaller hedge funds
The two most similar investment funds to Wescap Management are Hartree Partners, L.P. and Rosenblum Silverman Sutton S F Inc ca. They manage $353 billion and $353 billion respectively.
Eric Weinlein investment strategy
Wescap Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.2% of
the total portfolio value.
The fund focuses on investments in the United States as
33.3% 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
25% 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 $176 billion.
The complete list of Wescap Management trades based on 13F SEC filings
These positions were updated on August 8th 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 |
|---|---|---|---|
| Invesco Exchange Traded Fd T |
0.24%
317,191
|
$44,249,520,000 | 12.53% |
| Dbx Etf Tr |
3.30%
564,313
|
$23,385,119,000 | 6.62% |
| Schwab Strategic Tr |
1.85%
666,645
|
$25,710,279,000 | 7.28% |
| Ishares Gold Tr |
0.59%
447,938
|
$19,677,916,000 | 5.57% |
| Wisdomtree Tr |
0.33%
837,911
|
$37,599,795,000 | 10.64% |
| Spdr Ser Tr |
7.23%
668,553
|
$22,426,920,000 | 6.35% |
| Ishares Tr |
2.51%
970,853
|
$46,916,269,000 | 13.28% |
| Vanguard Scottsdale Fds |
11.12%
346,352
|
$26,808,697,000 | 7.59% |
| Vanguard Tax-managed Fds |
0.97%
168,237
|
$8,314,289,000 | 2.35% |
| Vanguard Index Fds |
1.32%
67,539
|
$15,224,767,000 | 4.31% |
| Powershares Actively Managed |
13.55%
136,061
|
$6,789,444,000 | 1.92% |
| Apple Inc |
2.01%
27,927
|
$5,881,944,000 | 1.67% |
| Vanguard World Fd |
2.87%
20,201
|
$5,373,358,000 | 1.52% |
| Goldman Sachs Etf Tr |
0.21%
67,311
|
$4,789,479,000 | 1.36% |
| Spdr Index Shs Fds |
6.44%
149,598
|
$7,490,097,000 | 2.12% |
| Ishares Inc |
0.44%
103,530
|
$6,818,920,000 | 1.93% |
| Dimensional Etf Trust |
51.91%
109,822
|
$3,513,194,000 | 0.99% |
| Lattice Strategies Tr |
0.29%
100,779
|
$2,783,768,000 | 0.79% |
| Fiserv, Inc. |
No change
16,624
|
$2,477,641,000 | 0.70% |
| Ishares Silver Tr |
0.26%
85,812
|
$2,280,025,000 | 0.65% |
| Indexiq Etf Tr |
No change
74,783
|
$1,996,706,000 | 0.57% |
| Pimco Etf Tr |
16.08%
19,719
|
$1,984,717,000 | 0.56% |
| Vanguard Intl Equity Index F |
1.86%
43,310
|
$1,895,251,000 | 0.54% |
| Wisdomtree Tr |
Opened
34,209
|
$1,721,055,000 | 0.49% |
| Cigna Group (The) |
0.04%
5,150
|
$1,702,436,000 | 0.48% |
| Spdr S&p 500 Etf Tr |
3.34%
3,121
|
$1,698,767,000 | 0.48% |
| Timken Co. |
1.42%
17,247
|
$1,382,002,000 | 0.39% |
| Vontier Corporation |
3.27%
35,935
|
$1,372,717,000 | 0.39% |
| First Tr Dow Jones Select Mi |
4.10%
21,582
|
$1,293,634,000 | 0.37% |
| LKQ Corp |
13.18%
30,625
|
$1,273,694,000 | 0.36% |
| Vanguard Specialized Funds |
No change
6,804
|
$1,242,070,000 | 0.35% |
| Prestige Consmr Healthcare I |
2.11%
17,947
|
$1,235,651,000 | 0.35% |
| Ball Corp. |
No change
20,147
|
$1,209,223,000 | 0.34% |
| Vanguard Bd Index Fds |
14.32%
24,198
|
$1,198,285,000 | 0.34% |
| Sysco Corp. |
7.16%
15,327
|
$1,094,195,000 | 0.31% |
| Spdr Gold Tr |
0.26%
4,519
|
$971,630,000 | 0.28% |
| Global Pmts Inc |
29.51%
9,410
|
$909,947,000 | 0.26% |
| Ishares Bitcoin Tr |
Opened
23,371
|
$797,886,000 | 0.23% |
| Disney Walt Co |
0.57%
7,094
|
$704,406,000 | 0.20% |
| Vanguard Whitehall Fds |
0.38%
7,734
|
$628,629,000 | 0.18% |
| Select Sector Spdr Tr |
0.03%
3,926
|
$572,202,000 | 0.16% |
| Norfolk Southn Corp |
No change
2,488
|
$534,149,000 | 0.15% |
| Caterpillar Inc. |
No change
1,600
|
$532,960,000 | 0.15% |
| Essex Ppty Tr Inc |
No change
1,905
|
$518,541,000 | 0.15% |
| Fedex Corp |
No change
1,692
|
$507,329,000 | 0.14% |
| Eaton Vance Sr Fltng Rte Tr |
No change
37,600
|
$491,808,000 | 0.14% |
| Northrop Grumman Corp. |
No change
1,070
|
$466,467,000 | 0.13% |
| Charles Riv Labs Intl Inc |
No change
2,184
|
$451,171,000 | 0.13% |
| Laboratory Corp Amer Hldgs |
Closed
2,060
|
$450,028,000 | |
| Johnson & Johnson |
No change
2,853
|
$416,994,000 | 0.12% |
| Labcorp Holdings Inc. |
Opened
2,023
|
$411,701,000 | 0.12% |
| Tapestry Inc |
25.61%
9,166
|
$392,213,000 | 0.11% |
| Chevron Corp. |
3.16%
2,299
|
$359,610,000 | 0.10% |
| Abrdn Platinum Etf Trust |
35.09%
3,927
|
$359,203,000 | 0.10% |
| Nike, Inc. |
No change
4,572
|
$344,592,000 | 0.10% |
| Pfizer Inc. |
1.73%
10,538
|
$294,853,000 | 0.08% |
| Mastec Inc. |
No change
2,664
|
$285,021,000 | 0.08% |
| Radiant Logistics, Inc. |
No change
46,000
|
$261,740,000 | 0.07% |
| Dollar Tree Inc |
6.34%
2,096
|
$223,790,000 | 0.06% |
| First Tr Sr Fltg Rate Income |
No change
22,142
|
$223,191,000 | 0.06% |
| Franklin Templeton Etf Tr |
10.13%
7,384
|
$212,364,000 | 0.06% |
| Cleveland-Cliffs Inc |
No change
13,664
|
$210,289,000 | 0.06% |
| Intel Corp. |
No change
6,500
|
$201,305,000 | 0.06% |
| Eaton Vance Flting Rate Inc |
No change
10,217
|
$137,112,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 64 holdings | |||
Hedge funds similar to Wescap Management
- Morton Community Bank
- Corsair Capital Management, L.P.
- Roof Eidam Maycock Peralta
- Knightsbridge Asset Management
- Rja Asset Management
- New York Life Insurance Co
- Hartree Partners, L.P.
- Rosenblum Silverman Sutton S F Inc ca
- Greenlea Lane Capital Management
- Ifrah Services
- Whitegate Investment Counselors
- Elwood & Goetz Wealth Advisory
- Dgs Capital Management
- Ararat Capital Management L.P.