Genwealth 13F annual report
Genwealth is an investment fund managing more than $387 billion ran by Michael Leanza. There are currently 32 companies in Mr. Leanza’s portfolio. The largest investments include Ishares Gold Tr and Vanguard Index Fds, together worth $97 billion.
$387 billion Assets Under Management (AUM)
As of 10th July 2024, Genwealth’s top holding is 817,408 shares of Ishares Gold Tr currently worth over $35.9 billion and making up 9.3% of the portfolio value.
In addition, the fund holds 151,439 shares of Vanguard Index Fds worth $61.1 billion.
The third-largest holding is Schwab Strategic Tr worth $41.5 billion and the next is Ishares Tr worth $114 billion, with 1,052,676 shares owned.
Currently, Genwealth's portfolio is worth at least $387 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 Genwealth
The Genwealth office and employees reside in Maplewood, New Jersey. According to the last 13-F report filed with the SEC, Michael Leanza serves as the Chief Compliance Officer at Genwealth.
Recent trades
In the most recent 13F filing, Genwealth revealed that it had opened a new position in
Alphabet Inc and bought 1,295 shares worth $238 million.
This means they effectively own approximately 0.1% of the company.
Alphabet Inc makes up
17.0%
of the fund's Technology sector allocation and has grown its share price by 47.5% in the past year.
The investment fund also strengthened its position in Vanguard Index Fds by buying
1,357 additional shares.
This makes their stake in Vanguard Index Fds total 151,439 shares worth $61.1 billion.
On the other hand, there are companies that Genwealth is getting rid of from its portfolio.
Genwealth closed its position in Six Flags Entertainment on 17th July 2024.
It sold the previously owned 6,431 shares for $269 million.
Michael Leanza also disclosed a decreased stake in Ishares Gold Tr by approximately 0.1%.
This leaves the value of the investment at $35.9 billion and 817,408 shares.
One of the smaller hedge funds
The two most similar investment funds to Genwealth are Laffer Tengler Investments, Inc and Wilson Asset Management (international) PTY Ltd. They manage $387 billion and $387 billion respectively.
Michael Leanza investment strategy
Genwealth’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 0.6% of
the total portfolio value.
The fund focuses on investments in the United States as
37.5% 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
31% of the total holdings value.
On the other hand, small-cap stocks make up only 6.3% of the portfolio.
The average market cap of the portfolio companies is close to $638 billion.
The complete list of Genwealth trades based on 13F SEC filings
These positions were updated on July 17th 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 Gold Tr |
3.40%
817,408
|
$35,908,733,000 | 9.27% |
| Vanguard Index Fds |
0.90%
151,439
|
$61,109,656,000 | 15.78% |
| Schwab Strategic Tr |
1.66%
583,309
|
$41,465,746,000 | 10.71% |
| Ishares Tr |
0.58%
1,052,676
|
$113,829,194,000 | 29.39% |
| Spdr Dow Jones Indl Average |
1.12%
45,262
|
$17,703,326,000 | 4.57% |
| Pimco Etf Tr |
8.27%
203,599
|
$15,288,235,000 | 3.95% |
| Wisdomtree Tr |
0.81%
505,516
|
$13,694,428,000 | 3.54% |
| Spdr Ser Tr |
2.67%
820,844
|
$38,609,470,000 | 9.97% |
| Spdr S&p 500 Etf Tr |
1.03%
17,770
|
$9,670,789,000 | 2.50% |
| Vanguard Scottsdale Fds |
7.37%
126,691
|
$7,307,546,000 | 1.89% |
| Proshares Tr |
0.19%
216,307
|
$19,028,081,000 | 4.91% |
| Pimco Equity Ser |
1.31%
84,271
|
$2,969,634,000 | 0.77% |
| Dbx Etf Tr |
1.19%
54,929
|
$2,749,746,000 | 0.71% |
| Apple Inc |
2.32%
10,420
|
$2,194,705,000 | 0.57% |
| JPMorgan Chase & Co. |
0.25%
3,912
|
$791,241,000 | 0.20% |
| Meta Platforms Inc |
No change
1,160
|
$584,905,000 | 0.15% |
| Microsoft Corporation |
No change
1,294
|
$578,353,000 | 0.15% |
| AMGEN Inc. |
No change
1,374
|
$429,306,000 | 0.11% |
| Johnson & Johnson |
0.20%
2,933
|
$428,634,000 | 0.11% |
| First Tr Nas100 Eq Weighted |
No change
3,014
|
$371,596,000 | 0.10% |
| Six Flags Entertainment Corp. |
Closed
6,431
|
$269,459,000 | |
| AT&T Inc. |
0.01%
13,424
|
$256,524,000 | 0.07% |
| Conocophillips |
No change
2,207
|
$252,437,000 | 0.07% |
| Honeywell International Inc |
No change
1,171
|
$250,055,000 | 0.06% |
| Exxon Mobil Corp. |
0.69%
2,165
|
$249,215,000 | 0.06% |
| Alphabet Inc |
Opened
1,295
|
$237,529,000 | 0.06% |
| Wisdomtree Tr |
Closed
4,700
|
$236,363,000 | |
| Verizon Communications Inc |
0.61%
5,613
|
$231,487,000 | 0.06% |
| Lauder Estee Cos Inc |
No change
2,104
|
$223,866,000 | 0.06% |
| Berkshire Hathaway Inc. |
No change
539
|
$219,265,000 | 0.06% |
| Vanguard World Fd |
Opened
363
|
$209,302,000 | 0.05% |
| Marriott Intl Inc New |
Closed
807
|
$203,614,000 | |
| Procter And Gamble Co |
Opened
1,221
|
$201,367,000 | 0.05% |
| Invesco Exch Traded Fd Tr Ii |
No change
15,069
|
$174,047,000 | 0.04% |
| Global X Fds |
No change
10,628
|
$97,884,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 35 holdings | |||
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