Hilltop Wealth Advisors 13F annual report
Hilltop Wealth Advisors is an investment fund managing more than $199 billion ran by Wesley Pitman. There are currently 28 companies in Mr. Pitman’s portfolio. The largest investments include Ishares Tr and J P Morgan Exchange Traded F, together worth $113 billion.
$199 billion Assets Under Management (AUM)
As of 26th June 2024, Hilltop Wealth Advisors’s top holding is 705,731 shares of Ishares Tr currently worth over $90.3 billion and making up 45.3% of the portfolio value.
In addition, the fund holds 404,785 shares of J P Morgan Exchange Traded F worth $22.5 billion.
The third-largest holding is Vanguard Mun Bd Fds worth $20.5 billion and the next is Vanguard Bd Index Fds worth $14.2 billion, with 202,163 shares owned.
Currently, Hilltop Wealth Advisors's portfolio is worth at least $199 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 Hilltop Wealth Advisors
The Hilltop Wealth Advisors office and employees reside in Chapel Hill, North Carolina. According to the last 13-F report filed with the SEC, Wesley Pitman serves as the Chief Compliance Officer at Hilltop Wealth Advisors.
Recent trades
In the most recent 13F filing, Hilltop Wealth Advisors revealed that it had opened a new position in
Amazon.com and bought 1,597 shares worth $309 million.
This means they effectively own approximately 0.1% of the company.
Amazon.com makes up
21.3%
of the fund's Consumer Discretionary sector allocation and has grown its share price by 53.6% in the past year.
The investment fund also strengthened its position in J P Morgan Exchange Traded F by buying
203,287 additional shares.
This makes their stake in J P Morgan Exchange Traded F total 404,785 shares worth $22.5 billion.
On the other hand, there are companies that Hilltop Wealth Advisors is getting rid of from its portfolio.
Hilltop Wealth Advisors closed its position in J P Morgan Exchange Traded F on 3rd July 2024.
It sold the previously owned 188,125 shares for $10.9 billion.
Wesley Pitman also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $90.3 billion and 705,731 shares.
One of the smallest hedge funds
The two most similar investment funds to Hilltop Wealth Advisors are Ardent Capital Management and Truvestments Capital. They manage $199 billion and $199 billion respectively.
Wesley Pitman investment strategy
Hilltop Wealth Advisors’s portfolio is diversified across 8 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
35.7% 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
32% of the total holdings value.
On the other hand, small-cap stocks make up only 7.1% of the portfolio.
The average market cap of the portfolio companies is close to $593 billion.
The complete list of Hilltop Wealth Advisors trades based on 13F SEC filings
These positions were updated on July 3rd 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 |
0.73%
705,731
|
$90,304,930,000 | 45.32% |
| J P Morgan Exchange Traded F |
100.89%
404,785
|
$22,465,569,000 | 11.27% |
| Vanguard Mun Bd Fds |
3.58%
409,897
|
$20,539,952,000 | 10.31% |
| Vanguard Bd Index Fds |
3.03%
202,163
|
$14,210,007,000 | 7.13% |
| J P Morgan Exchange Traded F |
Closed
188,125
|
$10,884,900,000 | |
| Select Sector Spdr Tr |
0.38%
73,155
|
$10,662,353,000 | 5.35% |
| Vanguard Tax-managed Fds |
1.04%
168,110
|
$8,308,002,000 | 4.17% |
| Schwab Strategic Tr |
5.74%
67,114
|
$5,436,653,000 | 2.73% |
| Vanguard Index Fds |
2.49%
21,892
|
$5,507,807,000 | 2.76% |
| Vanguard World Fd |
1.80%
41,514
|
$8,145,420,000 | 4.09% |
| Vanguard Intl Equity Index F |
7.38%
73,147
|
$3,200,891,000 | 1.61% |
| International Business Machs |
17.74%
10,622
|
$1,837,043,000 | 0.92% |
| Morgan Stanley Etf Trust |
0.24%
26,217
|
$1,444,887,000 | 0.73% |
| Apple Inc |
35.75%
5,430
|
$1,143,747,000 | 0.57% |
| Microsoft Corporation |
37.62%
1,928
|
$861,813,000 | 0.43% |
| Ishares Inc |
0.83%
23,441
|
$785,991,000 | 0.39% |
| Spdr Index Shs Fds |
13.66%
17,666
|
$665,478,000 | 0.33% |
| Energy Transfer L P |
No change
37,180
|
$603,060,000 | 0.30% |
| NVIDIA Corp |
1,807.02%
4,615
|
$570,112,000 | 0.29% |
| Amazon.com Inc. |
Opened
1,597
|
$308,715,000 | 0.15% |
| Ventas Inc |
0.21%
5,230
|
$268,090,000 | 0.13% |
| JPMorgan Chase & Co. |
11.16%
1,165
|
$235,710,000 | 0.12% |
| Alphabet Inc |
Opened
1,290
|
$234,972,000 | 0.12% |
| Disney Walt Co |
0.90%
2,355
|
$233,828,000 | 0.12% |
| Fidelity Covington Trust |
0.13%
11,609
|
$431,260,000 | 0.22% |
| Abbvie Inc |
5.90%
1,275
|
$218,633,000 | 0.11% |
| Merck & Co Inc |
3.84%
1,732
|
$214,469,000 | 0.11% |
| Abbott Labs |
0.98%
2,063
|
$214,366,000 | 0.11% |
| Walmart Inc |
Opened
3,125
|
$211,612,000 | 0.11% |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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