Biltmore Wealth Management 13F annual report

Biltmore Wealth Management is an investment fund managing more than $231 billion ran by Kevin Sweeney. There are currently 42 companies in Mr. Sweeney’s portfolio. The largest investments include Select Sector Spdr Tr and Pimco Etf Tr, together worth $174 billion.

Limited to 30 biggest holdings

$231 billion Assets Under Management (AUM)

As of 5th July 2024, Biltmore Wealth Management’s top holding is 1,309,451 shares of Select Sector Spdr Tr currently worth over $155 billion and making up 67.0% of the portfolio value. In addition, the fund holds 380,239 shares of Pimco Etf Tr worth $19.2 billion. The third-largest holding is Ishares Tr worth $11.2 billion and the next is Spdr Gold Tr worth $7.59 billion, with 35,304 shares owned.

Currently, Biltmore Wealth Management's portfolio is worth at least $231 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 Biltmore Wealth Management

The Biltmore Wealth Management office and employees reside in Tempe, Arizona. According to the last 13-F report filed with the SEC, Kevin Sweeney serves as the Chief Compliance Officer at Biltmore Wealth Management.

Recent trades

In the most recent 13F filing, Biltmore Wealth Management revealed that it had opened a new position in Pimco Etf Tr and bought 380,239 shares worth $19.2 billion.

The investment fund also strengthened its position in Select Sector Spdr Tr by buying 35,695 additional shares. This makes their stake in Select Sector Spdr Tr total 1,309,451 shares worth $155 billion.

On the other hand, there are companies that Biltmore Wealth Management is getting rid of from its portfolio. Biltmore Wealth Management closed its position in Spdr Ser Tr on 12th July 2024. It sold the previously owned 682,672 shares for $32.5 billion. Kevin Sweeney also disclosed a decreased stake in Ishares Tr by 0.5%. This leaves the value of the investment at $11.2 billion and 188,201 shares.

One of the smallest hedge funds

The two most similar investment funds to Biltmore Wealth Management are Firstpurpose Wealth and Retirement Capital Strategies. They manage $231 billion and $231 billion respectively.


Kevin Sweeney investment strategy

Biltmore Wealth Management’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Technology — making up 2.5% of the total portfolio value. The fund focuses on investments in the United States as 57.1% 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 55% 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 $350 billion.

The complete list of Biltmore Wealth Management trades based on 13F SEC filings

These positions were updated on July 12th 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
Closed
682,672
$32,461,035,000
Select Sector Spdr Tr
2.80%
1,309,451
$154,543,992,000 66.95%
Pimco Etf Tr
Opened
380,239
$19,240,866,000 8.34%
Ishares Tr
46.17%
188,201
$11,241,788,000 4.87%
Ishares Tr
Closed
71,253
$7,855,678,000
Spdr Gold Tr
35.26%
35,304
$7,590,713,000 3.29%
Vanguard Scottsdale Fds
Opened
115,730
$6,711,198,000 2.91%
Pimco Etf Tr
72.79%
72,813
$3,790,657,000 1.64%
NVIDIA Corp
329.59%
22,210
$2,743,874,000 1.19%
Spdr Ser Tr
82.27%
27,211
$2,497,453,000 1.08%
Apple Inc
13.23%
7,033
$1,481,359,000 0.64%
Eaton Corp Plc
17.41%
4,364
$1,368,332,000 0.59%
Micron Technology Inc.
28.68%
9,548
$1,255,884,000 0.54%
Costco Whsl Corp New
2.52%
1,434
$1,218,517,000 0.53%
Amazon.com Inc.
8.73%
6,193
$1,196,772,000 0.52%
CSX Corp.
4.47%
29,478
$986,049,000 0.43%
Procter And Gamble Co
Opened
5,593
$922,406,000 0.40%
HCA Healthcare Inc
22.61%
2,861
$919,289,000 0.40%
Archer Daniels Midland Co.
Closed
10,507
$836,988,000
Ametek Inc
23.68%
4,787
$797,971,000 0.35%
Nike, Inc.
Closed
6,450
$791,015,000
Thermo Fisher Scientific Inc.
5.22%
1,379
$762,581,000 0.33%
Freeport-McMoRan Inc
18.99%
15,548
$755,610,000 0.33%
Alphabet Inc
53.89%
6,094
$1,115,159,000 0.48%
Diamondback Energy Inc
0.98%
3,654
$731,454,000 0.32%
Target Corp
Closed
4,290
$710,575,000
Tesla Inc
Opened
3,339
$660,721,000 0.29%
Vontier Corporation
38.14%
17,286
$660,314,000 0.29%
Griffon Corp.
Closed
19,971
$639,283,000
Johnson Johnson
9.53%
4,260
$622,639,000 0.27%
Ralph Lauren Corp
Opened
3,239
$567,019,000 0.25%
Celanese Corp
8.01%
4,181
$564,023,000 0.24%
Public Storage Oper Co
6.09%
1,846
$531,004,000 0.23%
Aflac Inc.
3.71%
5,925
$529,146,000 0.23%
United Parcel Service, Inc.
Opened
3,731
$510,544,000 0.22%
Medtronic Plc
6.58%
6,415
$504,955,000 0.22%
Comcast Corp New
Closed
12,808
$485,554,000
Weyerhaeuser Co Mtn Be
15.48%
16,908
$480,015,000 0.21%
Phillips 66
Opened
3,396
$479,356,000 0.21%
Netflix Inc.
Opened
657
$443,396,000 0.19%
Devon Energy Corp.
Closed
8,716
$441,117,000
Exxon Mobil Corp.
0.56%
3,556
$409,367,000 0.18%
Interpublic Group Cos Inc
Closed
10,633
$395,975,000
Microsoft Corporation
0.50%
803
$358,952,000 0.16%
Berkshire Hathaway Inc.
2.30%
713
$290,048,000 0.13%
Meta Platforms Inc
Opened
499
$251,560,000 0.11%
The Southern Co.
0.41%
3,187
$247,198,000 0.11%
Charter Communications Inc N
Closed
680
$243,175,000
Eli Lilly Co
Opened
241
$218,309,000 0.09%
Att Inc
0.10%
11,105
$212,207,000 0.09%
International Business Machs
Opened
1,188
$205,465,000 0.09%
Abbott Labs
Opened
1,925
$200,032,000 0.09%
No transactions found
Showing first 500 out of 52 holdings