Fundx Investment 13F annual report
Fundx Investment is an investment fund managing more than $396 million ran by Sean Mckeon. There are currently 20 companies in Mr. Mckeon’s portfolio. The largest investments include Ishares Tr and Invesco Exchange Traded Fd T, together worth $194 million.
$396 million Assets Under Management (AUM)
As of 19th January 2022, Fundx Investment’s top holding is 1,142,448 shares of Ishares Tr currently worth over $140 million and making up 35.4% of the portfolio value.
In addition, the fund holds 653,038 shares of Invesco Exchange Traded Fd T worth $54.2 million.
The third-largest holding is Ishares Tr worth $73.2 million and the next is Invesco Exchange Traded Fd T worth $42.3 million, with 278,680 shares owned.
Currently, Fundx Investment's portfolio is worth at least $396 million. 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 Fundx Investment
The Fundx Investment office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Sean Mckeon serves as the Chief Compliance Officer at Fundx Investment.
Recent trades
In the most recent 13F filing, Fundx Investment revealed that it had opened a new position in
Ishares Tr and bought 1,142,448 shares worth $140 million.
The investment fund also strengthened its position in Vanguard World Fds by buying
20,611 additional shares.
This makes their stake in Vanguard World Fds total 59,125 shares worth $4.59 million.
On the other hand, there are companies that Fundx Investment is getting rid of from its portfolio.
Fundx Investment closed its position in Spdr Ser Tr on 26th January 2022.
It sold the previously owned 73,903 shares for $10.9 million.
Sean Mckeon also disclosed a decreased stake in Invesco Exchange Traded Fd T by approximately 0.1%.
This leaves the value of the investment at $54.2 million and 653,038 shares.
One of the smaller hedge funds
The two most similar investment funds to Fundx Investment are Grand Jean Capital Management Inc and Opseu Pension Plan Trust Fund. They manage $396 million and $396 million respectively.
Sean Mckeon investment strategy
Fundx Investment’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Miscellaneous — making up 3.2% of
the total portfolio value.
The fund focuses on investments in the United States as
10.0% 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
10% 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 $1.13 trillion.
The complete list of Fundx Investment trades based on 13F SEC filings
These positions were updated on January 26th 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 |
Opened
1,142,448
|
$140,065,000 | 35.38% |
| Invesco Exchange Traded Fd T |
5.19%
653,038
|
$54,196,000 | 13.69% |
| Ishares Tr |
8.54%
671,451
|
$73,196,000 | 18.49% |
| Invesco Exchange Traded Fd T |
Opened
278,680
|
$42,311,000 | 10.69% |
| First Tr Exchange-traded Fd |
11.63%
442,153
|
$22,899,000 | 5.78% |
| Spdr Ser Tr |
12.53%
262,511
|
$24,443,000 | 6.17% |
| VanEck ETF Trust |
3.11%
40,565
|
$12,526,000 | 3.16% |
| Spdr Ser Tr |
Closed
73,903
|
$10,896,000 | |
| Spdr S&p Midcap 400 Etf Tr |
Closed
448
|
$5,174,000 | |
| Vanguard World Fds |
53.52%
59,125
|
$4,589,000 | 1.16% |
| Select Sector Spdr Tr |
647.95%
19,656
|
$3,418,000 | 0.86% |
| Vanguard World Fd |
14.38%
11,452
|
$2,986,000 | 0.75% |
| Dbx Etf Tr |
Opened
52,604
|
$2,335,000 | 0.59% |
| Amplify Etf Tr |
0.69%
67,337
|
$2,326,000 | 0.59% |
| Ishares Tr |
Closed
101,372
|
$7,015,000 | |
| Fidelity Comwlth Tr |
157.54%
33,738
|
$2,055,000 | 0.52% |
| Ishares Inc |
Closed
39,995
|
$1,556,000 | |
| Vanguard Index Fds |
Opened
16,919
|
$3,483,000 | 0.88% |
| Vanguard Index Fds |
5.51%
4,765
|
$1,529,000 | 0.39% |
| Apple Inc |
No change
8,194
|
$1,455,000 | 0.37% |
| Nushares Etf Tr |
Closed
56,974
|
$1,984,000 | |
| First Tr Exchange Traded Fd |
Opened
6,992
|
$718,000 | 0.18% |
| Spdr Ser Tr |
Opened
8,636
|
$626,000 | 0.16% |
| Schwab Strategic Tr |
4.56%
2,981
|
$488,000 | 0.12% |
| Amazon.com Inc. |
Opened
87
|
$290,000 | 0.07% |
| No transactions found | |||
| Showing first 500 out of 25 holdings | |||
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