Accretive Wealth Partners 13F annual report
Accretive Wealth Partners is an investment fund managing more than $239 billion ran by Lonny Elfenbein. There are currently 96 companies in Mrs. Elfenbein’s portfolio. The largest investments include Apple Inc and Ishares Tr, together worth $81.2 billion.
$239 billion Assets Under Management (AUM)
As of 29th July 2024, Accretive Wealth Partners’s top holding is 61,017 shares of Apple Inc currently worth over $12.9 billion and making up 5.4% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Accretive Wealth Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 1,534,765 shares of Ishares Tr worth $68.3 billion.
The third-largest holding is Vanguard Specialized Funds worth $11 billion and the next is Vanguard Whitehall Fds worth $8.85 billion, with 76,354 shares owned.
Currently, Accretive Wealth Partners's portfolio is worth at least $239 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 Accretive Wealth Partners
The Accretive Wealth Partners office and employees reside in Parsippany, New Jersey. According to the last 13-F report filed with the SEC, Lonny Elfenbein serves as the Compliance Consultant at Accretive Wealth Partners.
Recent trades
In the most recent 13F filing, Accretive Wealth Partners revealed that it had opened a new position in
Vanguard Admiral Fds Inc and bought 610 shares worth $204 million.
The investment fund also strengthened its position in Apple Inc by buying
12,720 additional shares.
This makes their stake in Apple Inc total 61,017 shares worth $12.9 billion.
Apple Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Accretive Wealth Partners is getting rid of from its portfolio.
Accretive Wealth Partners closed its position in ZoomInfo Technologies on 5th August 2024.
It sold the previously owned 48,160 shares for $776 million.
Lonny Elfenbein also disclosed a decreased stake in World Gold Tr by approximately 0.1%.
This leaves the value of the investment at $5.05 billion and 109,484 shares.
One of the smallest hedge funds
The two most similar investment funds to Accretive Wealth Partners are Thomist Capital Management, L.P. and Harmony Asset Management. They manage $239 billion and $239 billion respectively.
Lonny Elfenbein investment strategy
Accretive Wealth Partners’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 10.5% of
the total portfolio value.
The fund focuses on investments in the United States as
58.3% 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
56% 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 $220 billion.
The complete list of Accretive Wealth Partners trades based on 13F SEC filings
These positions were updated on August 5th 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 |
|---|---|---|---|
| Apple Inc |
26.34%
61,017
|
$12,851,363,000 | 5.38% |
| Ishares Tr |
1.10%
1,534,765
|
$68,342,882,000 | 28.60% |
| Vanguard Specialized Funds |
1.68%
60,077
|
$10,967,130,000 | 4.59% |
| Vanguard Whitehall Fds |
0.41%
76,354
|
$8,850,906,000 | 3.70% |
| Microsoft Corporation |
5.47%
15,840
|
$7,079,773,000 | 2.96% |
| World Gold Tr |
0.27%
109,484
|
$5,046,118,000 | 2.11% |
| Ishares Gold Tr |
1.90%
113,107
|
$4,968,791,000 | 2.08% |
| Amazon.com Inc. |
3.26%
22,028
|
$4,256,911,000 | 1.78% |
| Alphabet Inc |
1.28%
25,719
|
$4,706,965,000 | 1.97% |
| Marathon Pete Corp |
0.64%
17,299
|
$3,001,031,000 | 1.26% |
| Vanguard Scottsdale Fds |
92.95%
47,515
|
$3,965,952,000 | 1.66% |
| Vanguard World Fd |
0.61%
15,073
|
$4,903,609,000 | 2.05% |
| Meta Platforms Inc |
0.02%
5,376
|
$2,710,879,000 | 1.13% |
| Progressive Corp. |
0.55%
12,496
|
$2,595,544,000 | 1.09% |
| Fair Isaac Corp. |
1.78%
1,710
|
$2,545,609,000 | 1.07% |
| Vanguard Index Fds |
0.10%
37,961
|
$8,090,500,000 | 3.39% |
| Unitedhealth Group Inc |
1.12%
4,509
|
$2,296,161,000 | 0.96% |
| Republic Svcs Inc |
0.20%
11,682
|
$2,270,281,000 | 0.95% |
| Exxon Mobil Corp. |
7.05%
18,062
|
$2,079,297,000 | 0.87% |
| Waste Mgmt Inc Del |
0.05%
9,721
|
$2,073,878,000 | 0.87% |
| Walmart Inc |
0.54%
29,900
|
$2,024,511,000 | 0.85% |
| Automatic Data Processing In |
0.38%
8,222
|
$1,962,509,000 | 0.82% |
| General Dynamics Corp. |
1.55%
6,606
|
$1,916,701,000 | 0.80% |
| Johnson & Johnson |
5.75%
12,501
|
$1,827,190,000 | 0.76% |
| Home Depot, Inc. |
0.40%
5,248
|
$1,806,701,000 | 0.76% |
| Transdigm Group Incorporated |
1.09%
1,364
|
$1,742,660,000 | 0.73% |
| Blackstone Inc |
0.99%
13,758
|
$1,703,181,000 | 0.71% |
| Coca-Cola Co |
1.49%
26,396
|
$1,680,105,000 | 0.70% |
| Conocophillips |
0.98%
14,376
|
$1,644,327,000 | 0.69% |
| Uber Technologies Inc |
0.72%
22,345
|
$1,624,035,000 | 0.68% |
| Willis Towers Watson Plc Ltd |
0.79%
6,150
|
$1,612,161,000 | 0.67% |
| Mcdonalds Corp |
1.19%
6,213
|
$1,583,394,000 | 0.66% |
| Sysco Corp. |
1.20%
22,127
|
$1,579,647,000 | 0.66% |
| Select Sector Spdr Tr |
1.52%
22,955
|
$1,564,154,000 | 0.65% |
| Union Pac Corp |
1.37%
6,757
|
$1,528,839,000 | 0.64% |
| Blackrock Inc. |
0.95%
1,910
|
$1,503,781,000 | 0.63% |
| Philip Morris International Inc |
9.43%
14,477
|
$1,466,954,000 | 0.61% |
| Booking Holdings Inc |
0.27%
368
|
$1,457,996,000 | 0.61% |
| Abbott Labs |
4.78%
13,995
|
$1,454,174,000 | 0.61% |
| Spotify Technology S.A. |
1.08%
4,594
|
$1,441,551,000 | 0.60% |
| Chevron Corp. |
5.46%
9,171
|
$1,434,528,000 | 0.60% |
| Equinix Inc |
1.20%
1,849
|
$1,398,883,000 | 0.59% |
| Tjx Cos Inc New |
0.23%
12,371
|
$1,362,056,000 | 0.57% |
| CME Group Inc |
0.91%
6,765
|
$1,330,079,000 | 0.56% |
| Warner Music Group Corp. |
2.55%
43,107
|
$1,321,230,000 | 0.55% |
| Starbucks Corp. |
11.41%
16,837
|
$1,310,724,000 | 0.55% |
| Martin Marietta Matls Inc |
0.99%
2,308
|
$1,250,346,000 | 0.52% |
| Humana Inc. |
5.62%
3,326
|
$1,242,760,000 | 0.52% |
| Intuit Inc |
0.05%
1,870
|
$1,228,822,000 | 0.51% |
| Mastercard Incorporated |
0.35%
2,564
|
$1,131,293,000 | 0.47% |
| Verisk Analytics Inc |
0.81%
4,183
|
$1,127,490,000 | 0.47% |
| Adobe Inc |
3.48%
2,022
|
$1,123,302,000 | 0.47% |
| Moodys Corp |
0.50%
2,591
|
$1,090,781,000 | 0.46% |
| Visa Inc |
0.07%
4,014
|
$1,053,589,000 | 0.44% |
| S&P Global Inc |
0.34%
2,325
|
$1,036,882,000 | 0.43% |
| Morningstar Inc |
0.23%
3,407
|
$1,007,961,000 | 0.42% |
| Verisign Inc. |
1.60%
5,651
|
$1,004,748,000 | 0.42% |
| Intercontinental Exchange In |
0.20%
7,306
|
$1,000,124,000 | 0.42% |
| Autodesk Inc. |
0.35%
4,037
|
$998,956,000 | 0.42% |
| Equifax, Inc. |
0.46%
4,072
|
$987,204,000 | 0.41% |
| Vail Resorts Inc. |
5.39%
5,298
|
$954,329,000 | 0.40% |
| Diageo plc |
5.03%
7,555
|
$952,534,000 | 0.40% |
| FirstService Corp |
0.07%
6,145
|
$936,314,000 | 0.39% |
| Danaher Corp. |
0.16%
3,656
|
$913,452,000 | 0.38% |
| Crown Castle Inc |
4.31%
8,999
|
$879,209,000 | 0.37% |
| Monster Beverage Corp. |
0.81%
17,596
|
$878,920,000 | 0.37% |
| Novo-nordisk A S |
No change
6,150
|
$877,851,000 | 0.37% |
| American Tower Corp. |
0.89%
4,434
|
$861,968,000 | 0.36% |
| Bright Horizons Fam Sol In D |
0.53%
7,521
|
$827,912,000 | 0.35% |
| ZoomInfo Technologies Inc. |
Closed
48,160
|
$776,339,000 | |
| Canadian Pacific Kansas City |
0.91%
9,619
|
$757,304,000 | 0.32% |
| Costco Whsl Corp New |
97.44%
849
|
$721,630,000 | 0.30% |
| Teleflex Incorporated |
0.60%
3,349
|
$704,395,000 | 0.29% |
| Costar Group, Inc. |
0.68%
9,489
|
$703,514,000 | 0.29% |
| Avidxchange Holdings Inc |
No change
55,116
|
$664,699,000 | 0.28% |
| Accenture Plc Ireland |
0.46%
2,183
|
$662,344,000 | 0.28% |
| Zillow Group Inc |
Closed
15,150
|
$616,454,000 | |
| Ishares Inc |
31.75%
10,250
|
$548,683,000 | 0.23% |
| Vanguard Intl Equity Index F |
4.70%
12,486
|
$546,387,000 | 0.23% |
| PayPal Holdings Inc |
3.85%
9,174
|
$532,367,000 | 0.22% |
| Berkshire Hathaway Inc. |
8.06%
1,099
|
$447,073,000 | 0.19% |
| Etsy Inc |
Closed
6,488
|
$389,085,000 | |
| Dimensional Etf Trust |
No change
6,445
|
$387,216,000 | 0.16% |
| Vanguard Star Fds |
No change
6,234
|
$375,910,000 | 0.16% |
| Pepsico Inc |
1.91%
2,211
|
$364,660,000 | 0.15% |
| Thermo Fisher Scientific Inc. |
No change
626
|
$346,178,000 | 0.14% |
| Vanguard Tax-managed Fds |
46.44%
5,982
|
$295,630,000 | 0.12% |
| NVIDIA Corp |
808.05%
2,370
|
$292,790,000 | 0.12% |
| Jabil Inc |
No change
2,502
|
$272,193,000 | 0.11% |
| Exelixis Inc |
No change
11,600
|
$260,652,000 | 0.11% |
| Elevance Health Inc |
0.90%
440
|
$238,418,000 | 0.10% |
| Northrop Grumman Corp. |
0.19%
517
|
$225,386,000 | 0.09% |
| Markel Group Inc |
No change
143
|
$225,319,000 | 0.09% |
| Allstate Corp (The) |
0.22%
1,393
|
$222,406,000 | 0.09% |
| Global X Fds |
No change
8,400
|
$211,344,000 | 0.09% |
| American Express Co. |
0.44%
904
|
$209,321,000 | 0.09% |
| IQVIA Holdings Inc |
No change
970
|
$205,097,000 | 0.09% |
| Vanguard Admiral Fds Inc |
Opened
610
|
$203,529,000 | 0.09% |
| Eiger BioPharmaceuticals Inc |
Closed
63,150
|
$169,874,000 | |
| Douglas Elliman Inc. |
0.67%
37,260
|
$43,222,000 | 0.02% |
| Enviva Inc |
Closed
10,951
|
$5,582,000 | |
| No transactions found | |||
| Showing first 500 out of 101 holdings | |||
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