Wealth Management Partners 13F annual report
Wealth Management Partners is an investment fund managing more than $179 billion ran by Thomas Curtis. There are currently 90 companies in Mr. Curtis’s portfolio. The largest investments include NVIDIA Corp and Ishares Tr, together worth $51.2 billion.
$179 billion Assets Under Management (AUM)
As of 5th July 2024, Wealth Management Partners’s top holding is 19,111 shares of NVIDIA Corp currently worth over $17.3 billion and making up 9.7% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Wealth Management Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 271,758 shares of Ishares Tr worth $33.9 billion.
The third-largest holding is Microsoft worth $9.72 billion and the next is Apple Inc worth $9.68 billion, with 56,451 shares owned.
Currently, Wealth Management Partners's portfolio is worth at least $179 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 Wealth Management Partners
The Wealth Management Partners office and employees reside in Tucson, Arizona. According to the last 13-F report filed with the SEC, Thomas Curtis serves as the Managing Member and Chief Compliance Officer at Wealth Management Partners.
Recent trades
In the most recent 13F filing, Wealth Management Partners revealed that it had opened a new position in
Microstrategy and bought 448 shares worth $764 million.
This means they effectively own approximately 0.1% of the company.
Microstrategy makes up
1.8%
of the fund's Technology sector allocation and has grown its share price by 228.6% in the past year.
The investment fund also strengthened its position in Ishares Tr by buying
9,454 additional shares.
This makes their stake in Ishares Tr total 271,758 shares worth $33.9 billion.
On the other hand, there are companies that Wealth Management Partners is getting rid of from its portfolio.
Wealth Management Partners closed its position in Rio Tinto plc on 12th July 2024.
It sold the previously owned 15,912 shares for $1.18 billion.
Thomas Curtis also disclosed a decreased stake in NVIDIA Corp by approximately 0.1%.
This leaves the value of the investment at $17.3 billion and 19,111 shares.
One of the smallest hedge funds
The two most similar investment funds to Wealth Management Partners are Boulder Hill Capital Management L.P. and Wealthcare Investment Partners. They manage $187 billion and $187 billion respectively.
Thomas Curtis investment strategy
Wealth Management Partners’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 23.4% of
the total portfolio value.
The fund focuses on investments in the United States as
53.3% 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
48% of the total holdings value.
On the other hand, small-cap stocks make up only 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $254 billion.
The complete list of Wealth Management Partners 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 |
|---|---|---|---|
| NVIDIA Corp |
9.24%
19,111
|
$17,267,984,000 | 9.67% |
| Ishares Tr |
3.60%
271,758
|
$33,893,574,000 | 18.98% |
| Microsoft Corporation |
1.78%
23,101
|
$9,718,893,000 | 5.44% |
| Apple Inc |
3.44%
56,451
|
$9,680,175,000 | 5.42% |
| Ishares Gold Tr |
2.67%
196,521
|
$8,255,847,000 | 4.62% |
| First Tr Exchange-traded Fd |
0.65%
32,371
|
$6,638,968,000 | 3.72% |
| Invesco Exch Traded Fd Tr Ii |
5.43%
63,962
|
$5,995,158,000 | 3.36% |
| American Centy Etf Tr |
2.82%
107,741
|
$6,720,128,000 | 3.76% |
| Amazon.com Inc. |
1.26%
28,716
|
$5,179,792,000 | 2.90% |
| Vanguard Whitehall Fds |
8.85%
34,781
|
$4,208,204,000 | 2.36% |
| Exxon Mobil Corp. |
0.02%
33,003
|
$3,836,271,000 | 2.15% |
| Alphabet Inc |
1.44%
22,631
|
$3,441,556,000 | 1.93% |
| Spdr Sp 500 Etf Tr |
2.05%
5,487
|
$2,870,239,000 | 1.61% |
| First Tr Multi Cap Growth Al |
0.06%
21,843
|
$2,721,419,000 | 1.52% |
| First Tr Exchange-traded Alp |
3.05%
35,857
|
$2,711,155,000 | 1.52% |
| Home Depot, Inc. |
5.84%
6,412
|
$2,459,560,000 | 1.38% |
| Salesforce Inc |
1.63%
7,911
|
$2,382,635,000 | 1.33% |
| Costco Whsl Corp New |
2.95%
3,075
|
$2,252,837,000 | 1.26% |
| Jpmorgan Chase Co |
2.46%
11,198
|
$2,243,001,000 | 1.26% |
| Chevron Corp. |
1.61%
13,242
|
$2,088,780,000 | 1.17% |
| Tesla Inc |
1.94%
11,693
|
$2,055,512,000 | 1.15% |
| Applied Matls Inc |
4.37%
9,561
|
$1,971,857,000 | 1.10% |
| United Parcel Service, Inc. |
22.20%
10,097
|
$1,500,733,000 | 0.84% |
| Unitedhealth Group Inc |
4.22%
2,991
|
$1,479,474,000 | 0.83% |
| Snowflake Inc. |
16.90%
8,634
|
$1,395,254,000 | 0.78% |
| Ark Etf Tr |
3.68%
25,079
|
$1,372,072,000 | 0.77% |
| Advanced Micro Devices Inc. |
10.45%
7,482
|
$1,350,426,000 | 0.76% |
| Shockwave Med Inc |
2.97%
3,984
|
$1,297,310,000 | 0.73% |
| Eli Lilly Co |
4.20%
1,573
|
$1,223,731,000 | 0.69% |
| Visa Inc |
No change
4,366
|
$1,218,603,000 | 0.68% |
| Caterpillar Inc. |
8.94%
3,258
|
$1,193,962,000 | 0.67% |
| Rio Tinto plc |
Closed
15,912
|
$1,184,800,000 | |
| Spdr Dow Jones Indl Average |
2.23%
2,892
|
$1,150,322,000 | 0.64% |
| Shopify Inc |
4.88%
14,602
|
$1,126,836,000 | 0.63% |
| Vanguard Index Fds |
4.89%
9,389
|
$1,998,858,000 | 1.12% |
| Micron Technology Inc. |
5.77%
7,759
|
$914,709,000 | 0.51% |
| Sysco Corp. |
2.05%
10,822
|
$878,561,000 | 0.49% |
| Walmart Inc |
213.29%
13,976
|
$840,933,000 | 0.47% |
| Freeport-McMoRan Inc |
14.02%
17,075
|
$802,875,000 | 0.45% |
| Abbvie Inc |
7.74%
4,341
|
$790,495,000 | 0.44% |
| CVS Health Corp |
12.41%
9,724
|
$775,586,000 | 0.43% |
| Microstrategy Inc. |
Opened
448
|
$763,643,000 | 0.43% |
| Berkshire Hathaway Inc. |
0.18%
1,677
|
$705,212,000 | 0.39% |
| Sherwin-Williams Co. |
7.13%
2,020
|
$701,607,000 | 0.39% |
| Broadcom Inc. |
97.98%
489
|
$648,125,000 | 0.36% |
| Blackrock Inc. |
4.56%
754
|
$628,283,000 | 0.35% |
| Johnson Johnson |
7.82%
3,961
|
$626,591,000 | 0.35% |
| Dutch Bros Inc. |
4.19%
18,790
|
$620,070,000 | 0.35% |
| Palo Alto Networks Inc |
98.64%
2,042
|
$580,193,000 | 0.32% |
| J P Morgan Exchange Traded F |
1.88%
9,635
|
$557,462,000 | 0.31% |
| Delta Air Lines, Inc. |
31.84%
11,594
|
$555,005,000 | 0.31% |
| Wynn Resorts Ltd. |
12.85%
4,817
|
$492,427,000 | 0.28% |
| Verizon Communications Inc |
7.96%
11,669
|
$489,649,000 | 0.27% |
| Vanguard Specialized Funds |
No change
2,677
|
$488,761,000 | 0.27% |
| Cambria Etf Tr |
0.32%
6,156
|
$451,051,000 | 0.25% |
| ServiceNow Inc |
9.42%
581
|
$442,954,000 | 0.25% |
| Republic Svcs Inc |
No change
2,305
|
$441,269,000 | 0.25% |
| Waste Mgmt Inc Del |
No change
2,055
|
$438,023,000 | 0.25% |
| Procter And Gamble Co |
7.06%
2,476
|
$401,731,000 | 0.22% |
| Intuit Inc |
0.50%
608
|
$395,200,000 | 0.22% |
| Goldman Sachs Group, Inc. |
4.35%
912
|
$380,933,000 | 0.21% |
| Boeing Co. |
Opened
1,927
|
$371,892,000 | 0.21% |
| Spdr Gold Tr |
3.06%
1,720
|
$353,838,000 | 0.20% |
| Target Corp |
21.66%
1,975
|
$349,955,000 | 0.20% |
| Meta Platforms Inc |
Opened
715
|
$347,203,000 | 0.19% |
| Cloudflare Inc |
16.27%
3,452
|
$334,257,000 | 0.19% |
| Block Inc |
6.88%
3,821
|
$323,180,000 | 0.18% |
| MGM Resorts International |
Closed
7,214
|
$322,322,000 | |
| Devon Energy Corp. |
9.91%
6,327
|
$317,484,000 | 0.18% |
| Adobe Inc |
14.39%
620
|
$312,852,000 | 0.18% |
| Cisco Sys Inc |
22.51%
6,231
|
$310,989,000 | 0.17% |
| Citigroup Inc |
Closed
5,934
|
$305,245,000 | |
| American Express Co. |
No change
1,219
|
$277,667,000 | 0.16% |
| Disney Walt Co |
4.29%
2,229
|
$272,740,000 | 0.15% |
| Becton Dickinson Co |
No change
1,085
|
$268,483,000 | 0.15% |
| Illinois Tool Wks Inc |
No change
1,000
|
$268,330,000 | 0.15% |
| Abbott Labs |
No change
2,205
|
$250,620,000 | 0.14% |
| Pepsico Inc |
7.92%
1,430
|
$250,264,000 | 0.14% |
| Union Pac Corp |
No change
1,009
|
$248,143,000 | 0.14% |
| M.D.C. Holdings, Inc. |
Closed
4,318
|
$238,570,000 | |
| Ishares Tr |
Closed
1,755
|
$238,462,000 | |
| Fluor Corp New |
9.95%
5,537
|
$234,104,000 | 0.13% |
| Norwegian Cruise Line Hldg L |
26.97%
11,100
|
$232,323,000 | 0.13% |
| Merck Co Inc |
Opened
1,752
|
$231,176,000 | 0.13% |
| Intuitive Surgical Inc |
Opened
574
|
$229,078,000 | 0.13% |
| Allstate Corp (The) |
43.61%
1,314
|
$227,335,000 | 0.13% |
| Pfizer Inc. |
Closed
7,832
|
$225,483,000 | |
| Mcdonalds Corp |
8.98%
780
|
$219,921,000 | 0.12% |
| RTX Corp |
Opened
2,200
|
$214,566,000 | 0.12% |
| J P Morgan Exchange Traded F |
Opened
3,951
|
$214,301,000 | 0.12% |
| Mobileye Global Inc |
28.58%
6,562
|
$210,968,000 | 0.12% |
| Gilead Sciences, Inc. |
Closed
2,603
|
$210,864,000 | |
| Ford Mtr Co Del |
7.22%
15,411
|
$204,662,000 | 0.11% |
| Lowes Cos Inc |
Opened
801
|
$204,039,000 | 0.11% |
| Encompass Health Corp |
38.79%
2,466
|
$203,679,000 | 0.11% |
| Ishares Tr |
Opened
1,752
|
$202,006,000 | 0.11% |
| Toast, Inc. |
Closed
10,443
|
$190,689,000 | |
| Summit Therapeutics Inc |
193.33%
44,000
|
$182,160,000 | 0.10% |
| Banco Bilbao Vizcaya Argenta |
Closed
11,086
|
$100,993,000 | |
| Fortress Biotech Inc |
Closed
20,000
|
$60,200,000 | |
| No transactions found | |||
| Showing first 500 out of 100 holdings | |||
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