First Ascent Asset Management 13F annual report

First Ascent Asset Management is an investment fund managing more than $775 billion ran by Karen Garcia. There are currently 20 companies in Mrs. Garcia’s portfolio. The largest investments include Vanguard Index Fds and Dimensional Etf Trust, together worth $366 billion.

$775 billion Assets Under Management (AUM)

As of 1st November 2023, First Ascent Asset Management’s top holding is 783,014 shares of Vanguard Index Fds currently worth over $199 billion and making up 25.7% of the portfolio value. In addition, the fund holds 5,831,563 shares of Dimensional Etf Trust worth $166 billion. The third-largest holding is Vanguard Mun Bd Fds worth $68.5 billion and the next is Ishares Tr worth $124 billion, with 2,447,772 shares owned.

Currently, First Ascent Asset Management's portfolio is worth at least $775 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 First Ascent Asset Management

The First Ascent Asset Management office and employees reside in Denver, Colorado. According to the last 13-F report filed with the SEC, Karen Garcia serves as the CCO at First Ascent Asset Management.

Recent trades

In the most recent 13F filing, First Ascent Asset Management revealed that it had opened a new position in J P Morgan Exchange Traded F and bought 66,243 shares worth $3.19 billion.

The investment fund also strengthened its position in Vanguard Index Fds by buying 54,926 additional shares. This makes their stake in Vanguard Index Fds total 783,014 shares worth $199 billion.

On the other hand, there are companies that First Ascent Asset Management is getting rid of from its portfolio. First Ascent Asset Management closed its position in Vanguard Index Fds on 8th November 2023. It sold the previously owned 98,862 shares for $13.7 billion. Karen Garcia also disclosed a decreased stake in Ishares Inc by approximately 0.1%. This leaves the value of the investment at $4.38 billion and 120,180 shares.

One of the average hedge funds

The two most similar investment funds to First Ascent Asset Management are Aaron Wealth Advisors and Global Strategic Investment Solutions. They manage $774 billion and $775 billion respectively.

The complete list of First Ascent Asset Management trades based on 13F SEC filings

These positions were updated on November 8th 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
Vanguard Index Fds	7.54% 783,014	$199,215,191,000	25.72%
Dimensional Etf Trust	6.24% 5,831,563	$166,309,130,000	21.47%
Vanguard Mun Bd Fds	10.22% 1,424,254	$68,506,625,000	8.84%
Ishares Tr	15.30% 2,447,772	$123,536,008,000	15.95%
Vanguard Star Fds	30.82% 968,528	$51,835,596,000	6.69%
Spdr Index Shs Fds	13.12% 2,095,237	$66,276,024,000	8.56%
Vanguard Charlotte Fds	6.54% 512,897	$24,531,849,000	3.17%
Goldman Sachs Etf Tr	13.08% 662,906	$30,976,208,000	4.00%
American Centy Etf Tr	9.53% 201,953	$10,687,961,000	1.38%
Vanguard Intl Equity Index F	8.63% 93,401	$6,912,541,000	0.89%
Spdr Ser Tr	1.62% 235,313	$10,958,847,000	1.41%
Vanguard Index Fds	Closed 98,862	$13,743,495,000
J P Morgan Exchange Traded F	Opened 66,243	$3,187,615,000	0.41%
Spdr S&p 500 Etf Tr	Closed 5,425	$2,404,592,000
Ishares Tr	Closed 133,064	$7,945,351,000
Ishares Inc	3.52% 120,180	$4,384,503,000	0.57%
Nushares Etf Tr	15.48% 65,218	$2,270,899,000	0.29%
Vanguard Tax-managed Fds	19.03% 38,323	$1,675,463,000	0.22%
Spdr Ser Tr	Closed 27,909	$1,454,340,000
J P Morgan Exchange Traded F	12.59% 38,026	$1,795,530,000	0.23%
Abrdn Gold Etf Trust	8.74% 27,227	$481,646,000	0.06%
Vanguard Scottsdale Fds	4.03% 8,517	$472,780,000	0.06%
Vanguard Malvern Fds	10.78% 5,829	$275,593,000	0.04%
Janus Detroit Str Tr	13.22% 5,361	$269,794,000	0.03%
No transactions found
Showing first 500 out of 24 holdings