Sendero Wealth Management 13F annual report
Sendero Wealth Management is an investment fund managing more than $580 billion ran by Julie Gerron. There are currently 145 companies in Mrs. Gerron’s portfolio. The largest investments include Vanguard Index Fds and Spdr Index Shs Fds, together worth $191 billion.
$580 billion Assets Under Management (AUM)
As of 5th July 2024, Sendero Wealth Management’s top holding is 554,662 shares of Vanguard Index Fds currently worth over $150 billion and making up 25.9% of the portfolio value.
In addition, the fund holds 707,661 shares of Spdr Index Shs Fds worth $41 billion.
The third-largest holding is Ishares Tr worth $34.2 billion and the next is Alphabet Inc worth $23.4 billion, with 154,558 shares owned.
Currently, Sendero Wealth Management's portfolio is worth at least $580 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 Sendero Wealth Management
The Sendero Wealth Management office and employees reside in San Antonio, Texas. According to the last 13-F report filed with the SEC, Julie Gerron serves as the CCO at Sendero Wealth Management.
Recent trades
In the most recent 13F filing, Sendero Wealth Management revealed that it had opened a new position in
2023 Etf Series Trust and bought 454,656 shares worth $11.5 billion.
The investment fund also strengthened its position in Spdr Index Shs Fds by buying
154 additional shares.
This makes their stake in Spdr Index Shs Fds total 707,661 shares worth $41 billion.
On the other hand, there are companies that Sendero Wealth Management is getting rid of from its portfolio.
Sendero Wealth Management closed its position in Linde Plc on 12th July 2024.
It sold the previously owned 4,770 shares for $1.96 billion.
Julie Gerron also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $150 billion and 554,662 shares.
One of the average hedge funds
The two most similar investment funds to Sendero Wealth Management are Mason Street Advisors and Steward Partners Investment Solutions. They manage $594 billion and $594 billion respectively.
Julie Gerron investment strategy
Sendero Wealth Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 18.9% of
the total portfolio value.
The fund focuses on investments in the United States as
59.3% 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
42% of the total holdings value.
On the other hand, small-cap stocks make up only 2.8% of the portfolio.
The average market cap of the portfolio companies is close to $153 billion.
The complete list of Sendero Wealth Management 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 |
|---|---|---|---|
| Vanguard Index Fds |
0.78%
554,662
|
$150,006,759,000 | 25.86% |
| Spdr Index Shs Fds |
0.02%
707,661
|
$40,994,805,000 | 7.07% |
| Ishares Tr |
0.02%
277,231
|
$34,210,632,000 | 5.90% |
| Alphabet Inc |
4.50%
154,558
|
$23,365,189,000 | 4.03% |
| Microsoft Corporation |
6.61%
42,208
|
$17,757,750,000 | 3.06% |
| Amazon.com Inc. |
23.38%
88,658
|
$15,992,131,000 | 2.76% |
| NVIDIA Corp |
1.99%
16,729
|
$15,115,656,000 | 2.61% |
| 2023 Etf Series Trust |
Opened
454,656
|
$11,470,562,000 | 1.98% |
| Schwab Charles Corp |
17.06%
145,879
|
$10,552,888,000 | 1.82% |
| Conocophillips |
0.14%
66,076
|
$8,410,154,000 | 1.45% |
| IQVIA Holdings Inc |
0.70%
33,122
|
$8,376,224,000 | 1.44% |
| Paycom Software Inc |
431.49%
40,074
|
$7,975,128,000 | 1.37% |
| Capital One Finl Corp |
9.79%
53,325
|
$7,939,560,000 | 1.37% |
| Cbre Group Inc |
8.60%
81,156
|
$7,891,610,000 | 1.36% |
| Arista Networks Inc |
16.16%
26,863
|
$7,789,734,000 | 1.34% |
| Fiserv, Inc. |
3.14%
46,186
|
$7,381,447,000 | 1.27% |
| Exxon Mobil Corp. |
0.39%
63,148
|
$7,340,324,000 | 1.27% |
| Intercontinental Exchange In |
8.82%
51,587
|
$7,089,603,000 | 1.22% |
| Meta Platforms Inc |
93.88%
14,093
|
$6,843,280,000 | 1.18% |
| Schwab Strategic Tr |
0.04%
84,775
|
$6,634,490,000 | 1.14% |
| Visa Inc |
3.32%
20,767
|
$5,795,656,000 | 1.00% |
| Intuit Inc |
8.88%
8,690
|
$5,648,500,000 | 0.97% |
| Bank America Corp |
141.98%
148,832
|
$5,643,710,000 | 0.97% |
| Phillips 66 |
25.97%
30,074
|
$4,912,288,000 | 0.85% |
| Asml Holding N V |
1.30%
5,015
|
$4,866,908,000 | 0.84% |
| Charter Communications Inc N |
15.18%
16,515
|
$4,799,755,000 | 0.83% |
| Willis Towers Watson Plc Ltd |
2.05%
15,407
|
$4,236,925,000 | 0.73% |
| American Express Co. |
16.59%
16,748
|
$3,813,353,000 | 0.66% |
| Pepsico Inc |
1.42%
20,974
|
$3,670,660,000 | 0.63% |
| Lithia Mtrs Inc |
15.65%
11,949
|
$3,594,977,000 | 0.62% |
| Salesforce Inc |
27.14%
11,643
|
$3,506,639,000 | 0.60% |
| Eog Res Inc |
23.78%
26,376
|
$3,371,908,000 | 0.58% |
| Brunswick Corp. |
14.04%
34,453
|
$3,325,404,000 | 0.57% |
| Autodesk Inc. |
25.27%
12,546
|
$3,267,230,000 | 0.56% |
| Advanced Micro Devices Inc. |
Opened
17,269
|
$3,116,883,000 | 0.54% |
| Warner Bros.Discovery Inc |
62.02%
347,782
|
$3,036,137,000 | 0.52% |
| Apple Inc |
0.43%
17,511
|
$3,002,787,000 | 0.52% |
| Moodys Corp |
2.03%
7,443
|
$2,925,324,000 | 0.50% |
| Select Sector Spdr Tr |
No change
38,654
|
$4,537,311,000 | 0.78% |
| Spdr Gold Tr |
No change
13,928
|
$2,865,269,000 | 0.49% |
| Adobe Inc |
45.45%
5,601
|
$2,826,266,000 | 0.49% |
| Uber Technologies Inc |
Opened
35,866
|
$2,761,325,000 | 0.48% |
| Neurocrine Biosciences, Inc. |
1.28%
19,563
|
$2,698,130,000 | 0.47% |
| Fortinet Inc |
1.29%
39,477
|
$2,696,675,000 | 0.46% |
| Procter And Gamble Co |
0.70%
16,619
|
$2,696,433,000 | 0.46% |
| American Intl Group Inc |
25.90%
32,078
|
$2,507,539,000 | 0.43% |
| Boston Scientific Corp. |
1.39%
35,767
|
$2,449,683,000 | 0.42% |
| Entegris Inc |
22.77%
17,397
|
$2,444,975,000 | 0.42% |
| SM Energy Co |
No change
46,008
|
$2,293,499,000 | 0.40% |
| Mastercard Incorporated |
1.37%
4,449
|
$2,142,506,000 | 0.37% |
| KKR & Co. Inc |
62.65%
20,332
|
$2,044,994,000 | 0.35% |
| Automatic Data Processing In |
0.34%
7,980
|
$1,992,926,000 | 0.34% |
| Monster Beverage Corp. |
1.28%
33,389
|
$1,979,300,000 | 0.34% |
| Linde Plc. |
Closed
4,770
|
$1,959,088,000 | |
| Wells Fargo Co New |
67.54%
30,105
|
$1,744,886,000 | 0.30% |
| Accenture Plc Ireland |
64.01%
4,789
|
$1,659,916,000 | 0.29% |
| Chipotle Mexican Grill |
52.32%
534
|
$1,552,216,000 | 0.27% |
| Abbvie Inc |
0.79%
8,452
|
$1,539,150,000 | 0.27% |
| Epam Sys Inc |
41.64%
5,411
|
$1,494,302,000 | 0.26% |
| Shell Plc |
24.40%
21,305
|
$1,428,288,000 | 0.25% |
| General Electric Co |
48.73%
7,808
|
$1,370,539,000 | 0.24% |
| Texas Instrs Inc |
4.29%
7,785
|
$1,356,225,000 | 0.23% |
| Intuitive Surgical Inc |
No change
3,345
|
$1,334,957,000 | 0.23% |
| JPMorgan Chase & Co. |
7.86%
6,268
|
$1,255,481,000 | 0.22% |
| Goldman Sachs Group, Inc. |
28.85%
2,989
|
$1,248,476,000 | 0.22% |
| Comcast Corp New |
11.70%
28,716
|
$1,244,839,000 | 0.21% |
| Johnson & Johnson |
5.24%
7,755
|
$1,226,764,000 | 0.21% |
| Aercap Holdings Nv |
28.58%
13,683
|
$1,189,190,000 | 0.20% |
| Coca-Cola Co |
5.88%
18,557
|
$1,135,318,000 | 0.20% |
| Thermo Fisher Scientific Inc. |
Closed
2,052
|
$1,089,182,000 | |
| Chevron Corp. |
4.68%
6,549
|
$1,032,978,000 | 0.18% |
| Aon plc. |
6.00%
3,057
|
$1,020,183,000 | 0.18% |
| Netflix Inc. |
56.84%
1,653
|
$1,003,917,000 | 0.17% |
| Taiwan Semiconductor Mfg Ltd |
20.57%
7,243
|
$985,411,000 | 0.17% |
| Simpson Mfg Inc |
No change
4,792
|
$983,223,000 | 0.17% |
| Sap SE |
28.48%
4,968
|
$968,910,000 | 0.17% |
| Bjs Whsl Club Hldgs Inc |
No change
12,299
|
$930,420,000 | 0.16% |
| Abbott Labs |
No change
8,153
|
$926,670,000 | 0.16% |
| Beacon Roofing Supply Inc |
No change
9,440
|
$925,309,000 | 0.16% |
| Elevance Health Inc |
28.12%
1,774
|
$919,890,000 | 0.16% |
| Interpublic Group Cos Inc |
No change
27,948
|
$911,944,000 | 0.16% |
| Custom Truck One Source Inc |
No change
152,800
|
$889,296,000 | 0.15% |
| Fortune Brands Innovations I |
No change
10,329
|
$874,557,000 | 0.15% |
| Henry Schein Inc. |
No change
11,363
|
$858,134,000 | 0.15% |
| Carlisle Cos Inc |
25.68%
2,174
|
$851,882,000 | 0.15% |
| Starbucks Corp. |
5.32%
9,166
|
$837,681,000 | 0.14% |
| Unitedhealth Group Inc |
34.67%
1,677
|
$829,612,000 | 0.14% |
| Insight Enterprises Inc. |
No change
4,144
|
$768,795,000 | 0.13% |
| Robert Half Inc |
No change
9,523
|
$754,984,000 | 0.13% |
| Houlihan Lokey Inc |
No change
5,822
|
$746,323,000 | 0.13% |
| Revvity Inc. |
No change
7,094
|
$744,870,000 | 0.13% |
| Skechers U S A, Inc. |
12.25%
12,151
|
$744,371,000 | 0.13% |
| Berkshire Hathaway Inc. |
4.85%
1,750
|
$735,910,000 | 0.13% |
| Genpact Limited |
No change
22,275
|
$733,962,000 | 0.13% |
| Spdr S&p 500 Etf Tr |
29.98%
1,371
|
$717,129,000 | 0.12% |
| Hilton Worldwide Holdings Inc |
79.13%
3,329
|
$710,109,000 | 0.12% |
| Becton Dickinson & Co. |
No change
2,861
|
$707,955,000 | 0.12% |
| nVent Electric plc |
No change
9,357
|
$705,518,000 | 0.12% |
| Occidental Pete Corp |
50.47%
10,688
|
$694,614,000 | 0.12% |
| Valvoline Inc |
No change
15,417
|
$687,136,000 | 0.12% |
| Core & Main, Inc. |
No change
11,941
|
$683,623,000 | 0.12% |
| Donaldson Co. Inc. |
No change
8,886
|
$663,607,000 | 0.11% |
| Gates Indl Corp Plc |
No change
36,754
|
$650,914,000 | 0.11% |
| Healthequity Inc |
No change
7,600
|
$620,388,000 | 0.11% |
| Primerica Inc |
No change
2,444
|
$618,235,000 | 0.11% |
| FirstCash Holdings Inc |
No change
4,632
|
$590,766,000 | 0.10% |
| Plexus Corp. |
No change
6,170
|
$585,040,000 | 0.10% |
| Merck & Co Inc |
13.71%
4,422
|
$583,483,000 | 0.10% |
| Disney Walt Co |
1.95%
4,649
|
$568,852,000 | 0.10% |
| Arrow Electrs Inc |
No change
4,303
|
$557,067,000 | 0.10% |
| Liberty Broadband Corp |
36.12%
9,548
|
$546,433,000 | 0.09% |
| Woodward Inc |
29.23%
3,513
|
$541,424,000 | 0.09% |
| Applied Indl Technologies In |
No change
2,728
|
$538,917,000 | 0.09% |
| Check Point Software Tech Lt |
No change
3,275
|
$537,133,000 | 0.09% |
| Mckesson Corporation |
No change
984
|
$528,261,000 | 0.09% |
| ITT Inc |
No change
3,871
|
$526,573,000 | 0.09% |
| CSX Corp. |
No change
14,022
|
$519,796,000 | 0.09% |
| Timken Co. |
No change
5,867
|
$512,952,000 | 0.09% |
| Zions Bancorporation N.A |
No change
11,803
|
$512,251,000 | 0.09% |
| 3M Co. |
5.21%
4,716
|
$500,227,000 | 0.09% |
| Dynatrace Inc |
Opened
10,698
|
$496,816,000 | 0.09% |
| Caterpillar Inc. |
No change
1,344
|
$492,482,000 | 0.08% |
| Southwest Airls Co |
No change
15,388
|
$449,176,000 | 0.08% |
| Trimas Corporation |
No change
16,021
|
$428,242,000 | 0.07% |
| Aptargroup Inc. |
No change
2,779
|
$399,871,000 | 0.07% |
| Paychex Inc. |
No change
3,142
|
$385,838,000 | 0.07% |
| Ameriprise Finl Inc |
No change
840
|
$368,290,000 | 0.06% |
| General Mtrs Co |
35.39%
8,098
|
$367,245,000 | 0.06% |
| White Mtns Ins Group Ltd |
No change
188
|
$337,329,000 | 0.06% |
| Broadcom Inc. |
22.33%
252
|
$334,004,000 | 0.06% |
| Oracle Corp. |
70.55%
2,614
|
$328,345,000 | 0.06% |
| Atkore Inc |
Opened
1,704
|
$324,374,000 | 0.06% |
| Marriott Intl Inc New |
65.98%
1,251
|
$315,640,000 | 0.05% |
| Sealed Air Corp. |
Opened
8,180
|
$304,296,000 | 0.05% |
| Pfizer Inc. |
18.97%
10,899
|
$302,448,000 | 0.05% |
| CTS Corp. |
No change
6,198
|
$290,005,000 | 0.05% |
| Sysco Corp. |
No change
3,500
|
$284,130,000 | 0.05% |
| Humana Inc. |
Opened
817
|
$283,271,000 | 0.05% |
| Walmart Inc |
234.31%
4,356
|
$262,115,000 | 0.05% |
| Enterprise Prods Partners L |
No change
8,368
|
$244,179,000 | 0.04% |
| Fabrinet |
No change
1,219
|
$230,416,000 | 0.04% |
| Verizon Communications Inc |
Opened
5,226
|
$219,283,000 | 0.04% |
| Howard Hughes Corporation |
Closed
2,490
|
$213,020,000 | |
| Valero Energy Corp. |
Opened
1,232
|
$210,294,000 | 0.04% |
| Deere & Co. |
Opened
499
|
$204,960,000 | 0.04% |
| Hershey Company |
Opened
1,036
|
$201,502,000 | 0.03% |
| Sprott Physical Silver Tr |
No change
12,000
|
$99,480,000 | 0.02% |
| PEDEVCO Corp |
Opened
10,000
|
$8,021,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 148 holdings | |||
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