Prentice Wealth Management 13F annual report
Prentice Wealth Management is an investment fund managing more than $306 billion ran by William Prentice. There are currently 94 companies in Mr. Prentice’s portfolio. The largest investments include Vanguard Index Fds and Ishares Tr, together worth $86 billion.
$306 billion Assets Under Management (AUM)
As of 4th July 2024, Prentice Wealth Management’s top holding is 201,298 shares of Vanguard Index Fds currently worth over $53.8 billion and making up 17.6% of the portfolio value.
In addition, the fund holds 327,688 shares of Ishares Tr worth $32.1 billion.
The third-largest holding is Vanguard Intl Equity Index F worth $40.2 billion and the next is Franklin Templeton Etf Tr worth $16.2 billion, with 683,204 shares owned.
Currently, Prentice Wealth Management's portfolio is worth at least $306 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 Prentice Wealth Management
The Prentice Wealth Management office and employees reside in Rochester, New York. According to the last 13-F report filed with the SEC, William Prentice serves as the Chief Compliance Officer at Prentice Wealth Management.
Recent trades
In the most recent 13F filing, Prentice Wealth Management revealed that it had opened a new position in
Vanguard Whitehall Fds and bought 83,089 shares worth $9.85 billion.
The investment fund also strengthened its position in Ishares Tr by buying
139,913 additional shares.
This makes their stake in Ishares Tr total 327,688 shares worth $32.1 billion.
On the other hand, there are companies that Prentice Wealth Management is getting rid of from its portfolio.
Prentice Wealth Management closed its position in Legg Mason Etf Invt on 11th July 2024.
It sold the previously owned 10,995 shares for $257 million.
William Prentice also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $53.8 billion and 201,298 shares.
One of the smaller hedge funds
The two most similar investment funds to Prentice Wealth Management are Capital Planning and Birinyi Associates Inc. They manage $307 billion and $307 billion respectively.
William Prentice investment strategy
Prentice Wealth Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 4.9% of
the total portfolio value.
The fund focuses on investments in the United States as
59.6% 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
57% of the total holdings value.
On the other hand, small-cap stocks make up only 2.1% of the portfolio.
The average market cap of the portfolio companies is close to $273 billion.
The complete list of Prentice Wealth Management trades based on 13F SEC filings
These positions were updated on July 11th 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 |
8.59%
201,298
|
$53,849,121,000 | 17.57% |
| Ishares Tr |
74.51%
327,688
|
$32,102,814,000 | 10.47% |
| Vanguard Intl Equity Index F |
22.85%
526,511
|
$40,196,452,000 | 13.12% |
| Franklin Templeton Etf Tr |
23.97%
683,204
|
$16,198,755,000 | 5.29% |
| Invesco Exchange Traded Fd T |
976.90%
121,421
|
$11,474,285,000 | 3.74% |
| Vanguard Whitehall Fds |
Opened
83,089
|
$9,854,355,000 | 3.22% |
| Vanguard Whitehall Fds |
25.65%
139,323
|
$9,547,805,000 | 3.12% |
| Vanguard Specialized Funds |
8.53%
51,136
|
$9,334,877,000 | 3.05% |
| Columbia Etf Tr I |
31.87%
502,801
|
$8,870,817,000 | 2.89% |
| Ssga Active Etf Tr |
21.36%
193,669
|
$8,095,366,000 | 2.64% |
| Spdr Ser Tr |
28.68%
330,217
|
$8,948,964,000 | 2.92% |
| J P Morgan Exchange Traded F |
24.60%
186,210
|
$8,590,113,000 | 2.80% |
| Blackrock Etf Trust Ii |
2,204.22%
226,182
|
$5,120,760,000 | 1.67% |
| Spdr Ser Tr |
Opened
190,530
|
$4,847,083,000 | 1.58% |
| Microsoft Corporation |
8.09%
10,633
|
$4,752,448,000 | 1.55% |
| Dbx Etf Tr |
2.12%
73,865
|
$3,774,502,000 | 1.23% |
| J P Morgan Exchange Traded F |
Opened
124,486
|
$6,229,737,000 | 2.03% |
| Apple Inc |
7.19%
11,849
|
$2,495,554,000 | 0.81% |
| Select Sector Spdr Tr |
67.47%
81,695
|
$4,097,229,000 | 1.34% |
| Goldman Sachs Group, Inc. |
6.05%
4,968
|
$2,247,126,000 | 0.73% |
| NVIDIA Corp |
751.81%
17,675
|
$2,183,572,000 | 0.71% |
| JPMorgan Chase & Co. |
3.15%
10,527
|
$2,129,289,000 | 0.69% |
| Amazon.com Inc. |
0.11%
9,726
|
$1,879,550,000 | 0.61% |
| Berkshire Hathaway Inc. |
4.07%
4,445
|
$1,808,226,000 | 0.59% |
| Schwab Strategic Tr |
36.73%
23,150
|
$1,801,765,000 | 0.59% |
| Exxon Mobil Corp. |
3.76%
15,288
|
$1,759,946,000 | 0.57% |
| Ameriprise Finl Inc |
1.42%
3,670
|
$1,567,873,000 | 0.51% |
| Costco Whsl Corp New |
3.76%
1,767
|
$1,501,936,000 | 0.49% |
| RTX Corp |
0.66%
13,368
|
$1,342,014,000 | 0.44% |
| Visa Inc |
11.81%
4,942
|
$1,297,127,000 | 0.42% |
| NextEra Energy Inc |
4.88%
17,811
|
$1,261,197,000 | 0.41% |
| Unitedhealth Group Inc |
4.32%
2,465
|
$1,255,122,000 | 0.41% |
| Eli Lilly & Co |
0.59%
1,369
|
$1,239,465,000 | 0.40% |
| Alphabet Inc |
10.83%
9,608
|
$1,753,740,000 | 0.57% |
| Mastercard Incorporated |
3.33%
2,759
|
$1,217,160,000 | 0.40% |
| Broadcom Inc. |
31.00%
710
|
$1,139,926,000 | 0.37% |
| Merck & Co Inc |
14.02%
8,874
|
$1,098,601,000 | 0.36% |
| Walmart Inc |
216.32%
15,851
|
$1,073,271,000 | 0.35% |
| Abbvie Inc |
11.11%
6,092
|
$1,044,900,000 | 0.34% |
| Constellation Brands Inc |
0.08%
3,553
|
$914,116,000 | 0.30% |
| Meta Platforms Inc |
3.24%
1,787
|
$901,041,000 | 0.29% |
| International Business Machs |
1.34%
4,993
|
$863,539,000 | 0.28% |
| Adobe Inc |
37.14%
1,477
|
$820,533,000 | 0.27% |
| Oracle Corp. |
9.65%
5,761
|
$813,453,000 | 0.27% |
| Blackstone Inc |
4.35%
6,545
|
$810,271,000 | 0.26% |
| Generations Bancorp Ny Inc |
Opened
75,293
|
$771,753,000 | 0.25% |
| Johnson & Johnson |
14.32%
5,021
|
$733,869,000 | 0.24% |
| Bank America Corp |
7.87%
18,073
|
$718,763,000 | 0.23% |
| Procter And Gamble Co |
16.24%
4,059
|
$669,410,000 | 0.22% |
| Advanced Micro Devices Inc. |
8.27%
4,060
|
$658,573,000 | 0.21% |
| Home Depot, Inc. |
8.03%
1,883
|
$648,206,000 | 0.21% |
| Danaher Corp. |
17.72%
2,545
|
$635,868,000 | 0.21% |
| Salesforce Inc |
10.52%
2,469
|
$634,780,000 | 0.21% |
| Linde Plc. |
11.81%
1,344
|
$589,761,000 | 0.19% |
| Coca-Cola Co |
12.45%
9,240
|
$588,126,000 | 0.19% |
| Pepsico Inc |
14.53%
3,547
|
$585,007,000 | 0.19% |
| Disney Walt Co |
6.66%
5,730
|
$568,952,000 | 0.19% |
| Wells Fargo Co New |
12.66%
9,426
|
$559,810,000 | 0.18% |
| Netflix Inc. |
0.84%
824
|
$556,101,000 | 0.18% |
| Honeywell International Inc |
3.83%
2,493
|
$532,355,000 | 0.17% |
| Comcast Corp New |
19.19%
13,562
|
$531,088,000 | 0.17% |
| Cisco Sys Inc |
15.84%
11,026
|
$523,845,000 | 0.17% |
| Mcdonalds Corp |
24.32%
2,050
|
$522,422,000 | 0.17% |
| Texas Instrs Inc |
17.82%
2,651
|
$515,699,000 | 0.17% |
| Verizon Communications Inc |
13.02%
12,320
|
$508,089,000 | 0.17% |
| CVS Health Corp |
9.92%
8,598
|
$507,783,000 | 0.17% |
| Thermo Fisher Scientific Inc. |
14.12%
913
|
$504,889,000 | 0.16% |
| Jacobs Solutions Inc |
10.60%
3,577
|
$499,743,000 | 0.16% |
| Abbott Labs |
13.81%
4,756
|
$494,196,000 | 0.16% |
| Allstate Corp (The) |
9.97%
3,070
|
$490,156,000 | 0.16% |
| Lockheed Martin Corp. |
3.69%
1,041
|
$486,251,000 | 0.16% |
| Chevron Corp. |
18.54%
3,108
|
$486,153,000 | 0.16% |
| Accenture Plc Ireland |
22.17%
1,565
|
$474,837,000 | 0.15% |
| Tesla Inc |
18.87%
2,022
|
$400,113,000 | 0.13% |
| Micron Technology Inc. |
Opened
2,960
|
$389,334,000 | 0.13% |
| Philip Morris International Inc |
4.47%
3,719
|
$376,846,000 | 0.12% |
| Pfizer Inc. |
15.97%
13,189
|
$369,028,000 | 0.12% |
| Booking Holdings Inc |
1.19%
83
|
$328,805,000 | 0.11% |
| Qualcomm, Inc. |
3.96%
1,627
|
$324,066,000 | 0.11% |
| Zscaler Inc |
8.96%
1,656
|
$318,267,000 | 0.10% |
| Nike, Inc. |
3.67%
4,178
|
$314,896,000 | 0.10% |
| Mondelez International Inc. |
4.42%
4,751
|
$310,905,000 | 0.10% |
| M & T Bk Corp |
No change
2,045
|
$309,531,000 | 0.10% |
| Applied Matls Inc |
Opened
1,311
|
$309,383,000 | 0.10% |
| Lowes Cos Inc |
6.90%
1,403
|
$309,305,000 | 0.10% |
| Bristol-Myers Squibb Co. |
11.36%
6,997
|
$290,596,000 | 0.09% |
| Citigroup Inc |
9.86%
4,460
|
$283,032,000 | 0.09% |
| Ball Corp. |
9.46%
4,567
|
$274,111,000 | 0.09% |
| AMGEN Inc. |
Opened
877
|
$274,026,000 | 0.09% |
| Target Corp |
9.00%
1,831
|
$271,104,000 | 0.09% |
| Legg Mason Etf Invt |
Closed
10,995
|
$257,013,000 | |
| Intuit Inc |
Opened
366
|
$240,539,000 | 0.08% |
| Sherwin-Williams Co. |
Opened
803
|
$239,639,000 | 0.08% |
| Upbound Group Inc |
2.92%
7,183
|
$220,518,000 | 0.07% |
| Blackrock Inc. |
Opened
276
|
$217,300,000 | 0.07% |
| Franklin Resources, Inc. |
Closed
8,085
|
$215,950,000 | |
| Tritium Dcfc Limited |
Closed
26,500
|
$28,885,000 | |
| No transactions found | |||
| Showing first 500 out of 97 holdings | |||
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