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.
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.
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.
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.
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.
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.
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 | |||