Wealth Effects 13F annual report
Wealth Effects is an investment fund managing more than $275 billion ran by William Liberti. There are currently 175 companies in Mr. Liberti’s portfolio. The largest investments include Avadel Pharmaceuticals plc and NVIDIA Corp, together worth $58.9 billion.
$275 billion Assets Under Management (AUM)
As of 26th July 2024, Wealth Effects’s top holding is 2,267,855 shares of Avadel Pharmaceuticals plc currently worth over $31.9 billion and making up 11.6% of the portfolio value.
Relative to the number of outstanding shares of Avadel Pharmaceuticals plc, Wealth Effects owns more than approximately 0.1% of the company.
In addition, the fund holds 219,028 shares of NVIDIA Corp worth $27.1 billion, whose value fell 83.5% in the past six months.
The third-largest holding is Apple Inc worth $19.4 billion and the next is Amazon.com worth $11.7 billion, with 60,715 shares owned.
Currently, Wealth Effects's portfolio is worth at least $275 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 Effects
The Wealth Effects office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, William Liberti serves as the Chief Compliance Officer at Wealth Effects.
Recent trades
In the most recent 13F filing, Wealth Effects revealed that it had opened a new position in
Avadel Pharmaceuticals plc and bought 2,267,855 shares worth $31.9 billion.
This means they effectively own approximately 0.1% of the company.
Avadel Pharmaceuticals plc makes up
74.7%
of the fund's Health Care sector allocation and has grown its share price by 18.7% in the past year.
The investment fund also strengthened its position in NVIDIA Corp by buying
196,945 additional shares.
This makes their stake in NVIDIA Corp total 219,028 shares worth $27.1 billion.
NVIDIA Corp dropped 75.3% in the past year.
On the other hand, there are companies that Wealth Effects is getting rid of from its portfolio.
Wealth Effects closed its position in Avadel Pharmaceuticals plc on 2nd August 2024.
It sold the previously owned 2,264,226 shares for $38.2 billion.
William Liberti also disclosed a decreased stake in Amazon.com by approximately 0.1%.
This leaves the value of the investment at $11.7 billion and 60,715 shares.
One of the smaller hedge funds
The two most similar investment funds to Wealth Effects are Family Legacy and Wind River Trust Co. They manage $275 billion and $275 billion respectively.
William Liberti investment strategy
Wealth Effects’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 25.3% of
the total portfolio value.
The fund focuses on investments in the United States as
50.9% 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
37% of the total holdings value.
On the other hand, small-cap stocks make up only 5.7% of the portfolio.
The average market cap of the portfolio companies is close to $151 billion.
The complete list of Wealth Effects trades based on 13F SEC filings
These positions were updated on August 2nd 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 |
|---|---|---|---|
| Avadel Pharmaceuticals plc |
Closed
2,264,226
|
$38,242,770,000 | |
| Avadel Pharmaceuticals plc |
Opened
2,267,855
|
$31,886,036,000 | 11.61% |
| NVIDIA Corp |
891.84%
219,028
|
$27,058,673,000 | 9.85% |
| Apple Inc |
3.00%
91,951
|
$19,366,730,000 | 7.05% |
| Amazon.com Inc. |
0.10%
60,715
|
$11,733,239,000 | 4.27% |
| Microsoft Corporation |
1.63%
19,936
|
$8,910,427,000 | 3.24% |
| Vanguard Index Fds |
0.83%
43,901
|
$11,697,124,000 | 4.26% |
| Alphabet Inc |
0.82%
42,441
|
$7,739,691,000 | 2.82% |
| Jpmorgan Chase Co. |
1.02%
30,788
|
$6,227,121,000 | 2.27% |
| Meta Platforms Inc |
0.48%
11,555
|
$5,826,263,000 | 2.12% |
| Trade Desk Inc |
1.90%
57,513
|
$5,617,328,000 | 2.05% |
| Arrowhead Pharmaceuticals In |
2.96%
159,600
|
$4,148,006,000 | 1.51% |
| Enovix Corporation |
55.57%
229,001
|
$3,540,349,000 | 1.29% |
| Blackstone Inc |
2.84%
25,096
|
$3,106,831,000 | 1.13% |
| Eli Lilly Co |
2.63%
2,740
|
$2,481,192,000 | 0.90% |
| Chevron Corp. |
0.19%
15,540
|
$2,430,704,000 | 0.88% |
| International Business Machs |
0.95%
14,011
|
$2,423,242,000 | 0.88% |
| Ishares Tr |
10.62%
104,872
|
$10,952,257,000 | 3.99% |
| Impinj Inc |
0.10%
15,130
|
$2,371,930,000 | 0.86% |
| United Rentals, Inc. |
4.45%
3,541
|
$2,290,220,000 | 0.83% |
| Unitedhealth Group Inc |
25.55%
4,427
|
$2,254,614,000 | 0.82% |
| Abbvie Inc |
10.02%
12,881
|
$2,209,322,000 | 0.80% |
| J P Morgan Exchange Traded F |
2.77%
68,083
|
$3,823,500,000 | 1.39% |
| Berkshire Hathaway Inc. |
0.10%
5,186
|
$2,109,461,000 | 0.77% |
| Boeing Co. |
5.54%
10,996
|
$2,001,309,000 | 0.73% |
| Pfizer Inc. |
36.41%
69,074
|
$1,932,700,000 | 0.70% |
| Elastic N.V |
27.18%
16,960
|
$1,931,914,000 | 0.70% |
| First Tr Exchange-traded Fd |
4.18%
85,975
|
$4,541,939,000 | 1.65% |
| Reaves Util Income Fd |
7.55%
68,445
|
$1,869,912,000 | 0.68% |
| General Mls Inc |
1.62%
28,546
|
$1,805,846,000 | 0.66% |
| DigitalOcean Holdings, Inc. |
5.72%
50,800
|
$1,765,300,000 | 0.64% |
| Verizon Communications Inc |
1.01%
41,565
|
$1,714,135,000 | 0.62% |
| Exxon Mobil Corp. |
1.66%
14,235
|
$1,638,680,000 | 0.60% |
| Sentinelone Inc |
12.00%
75,550
|
$1,590,328,000 | 0.58% |
| Merck Co Inc |
1.32%
12,730
|
$1,575,974,000 | 0.57% |
| Advanced Micro Devices Inc. |
2.43%
9,354
|
$1,517,312,000 | 0.55% |
| Procter And Gamble Co |
5.01%
9,100
|
$1,500,803,000 | 0.55% |
| Eagle Matls Inc |
17.10%
6,616
|
$1,438,715,000 | 0.52% |
| Johnson Johnson |
3.68%
9,193
|
$1,343,621,000 | 0.49% |
| Datadog Inc |
Opened
10,160
|
$1,317,650,000 | 0.48% |
| Broadcom Inc |
0.64%
787
|
$1,264,347,000 | 0.46% |
| Global X Fds |
5.39%
71,337
|
$1,260,523,000 | 0.46% |
| Tesla Inc |
16.08%
5,985
|
$1,184,312,000 | 0.43% |
| Generac Holdings Inc |
2.35%
8,319
|
$1,099,938,000 | 0.40% |
| Indie Semiconductor Inc |
2.77%
170,700
|
$1,053,219,000 | 0.38% |
| Organon Co |
3.85%
49,811
|
$1,031,081,000 | 0.38% |
| NextEra Energy Inc |
14.59%
14,282
|
$1,011,340,000 | 0.37% |
| Novo-nordisk A S |
11.92%
7,071
|
$1,009,344,000 | 0.37% |
| Walmart Inc |
4.17%
14,753
|
$998,917,000 | 0.36% |
| Visa Inc |
23.87%
3,761
|
$987,242,000 | 0.36% |
| Bank America Corp |
4.29%
24,646
|
$980,188,000 | 0.36% |
| Oracle Corp. |
1.77%
6,925
|
$977,810,000 | 0.36% |
| American Tower Corp. |
1.99%
4,888
|
$950,134,000 | 0.35% |
| Caterpillar Inc. |
15.55%
2,710
|
$902,564,000 | 0.33% |
| Vanguard Scottsdale Fds |
0.18%
11,602
|
$896,545,000 | 0.33% |
| Applied Matls Inc |
No change
3,790
|
$894,402,000 | 0.33% |
| Pitney Bowes, Inc. |
16.49%
173,468
|
$881,216,000 | 0.32% |
| Select Sector Spdr Tr |
14.37%
25,371
|
$2,033,507,000 | 0.74% |
| Home Depot, Inc. |
3.89%
2,495
|
$858,736,000 | 0.31% |
| AMGEN Inc. |
0.04%
2,709
|
$846,496,000 | 0.31% |
| Costco Whsl Corp New |
9.48%
970
|
$824,173,000 | 0.30% |
| abrdn World Healthcare Fund |
6.55%
62,100
|
$815,373,000 | 0.30% |
| Spdr Sp 500 Etf Tr |
15.05%
1,439
|
$783,133,000 | 0.29% |
| RTX Corp |
0.95%
7,783
|
$781,366,000 | 0.28% |
| Eaton Vance Tax-managed Dive |
13.65%
54,137
|
$760,631,000 | 0.28% |
| Micron Technology Inc. |
40.20%
5,685
|
$747,760,000 | 0.27% |
| Fs Kkr Cap Corp |
0.95%
37,150
|
$732,970,000 | 0.27% |
| 3-d Sys Corp Del |
53.96%
227,900
|
$699,653,000 | 0.25% |
| Comcast Corp New |
3.93%
17,731
|
$694,347,000 | 0.25% |
| Abbott Labs |
1.48%
6,637
|
$689,658,000 | 0.25% |
| Blackrock Science Technolo |
14.65%
18,290
|
$688,791,000 | 0.25% |
| Arm Holdings Plc |
13.51%
4,200
|
$687,204,000 | 0.25% |
| Intel Corp. |
3.47%
21,058
|
$652,173,000 | 0.24% |
| Delta Air Lines, Inc. |
No change
12,745
|
$604,623,000 | 0.22% |
| Spdr Ser Tr |
25.08%
5,968
|
$603,245,000 | 0.22% |
| Citigroup Inc |
15.85%
9,500
|
$602,870,000 | 0.22% |
| Alps Etf Tr |
0.40%
12,535
|
$601,429,000 | 0.22% |
| Vertiv Holdings Co |
Opened
6,900
|
$597,333,000 | 0.22% |
| Eaton Vance Tax-managed Buy- |
0.20%
42,941
|
$586,998,000 | 0.21% |
| Pepsico Inc |
1.51%
3,434
|
$566,313,000 | 0.21% |
| Jumia Technologies Ag |
4.15%
80,310
|
$563,779,000 | 0.21% |
| Morgan Stanley |
0.97%
5,700
|
$553,983,000 | 0.20% |
| Altria Group Inc. |
3.40%
12,150
|
$553,433,000 | 0.20% |
| Immunitybio Inc |
33.59%
87,500
|
$553,000,000 | 0.20% |
| Shopify Inc |
Closed
7,145
|
$551,380,000 | |
| Seacoast Bkg Corp Fla |
1.70%
23,150
|
$547,266,000 | 0.20% |
| Vanguard World Fd |
12.60%
3,337
|
$893,647,000 | 0.33% |
| Global E Online Ltd |
78.53%
14,550
|
$527,729,000 | 0.19% |
| Purecycle Technologies Inc |
4.71%
88,900
|
$526,288,000 | 0.19% |
| J P Morgan Exchange Traded F |
Closed
10,043
|
$509,582,000 | |
| Ark Etf Tr |
22.39%
11,525
|
$506,524,000 | 0.18% |
| Victory Portfolios II |
No change
13,460
|
$502,866,000 | 0.18% |
| Dolby Laboratories Inc |
No change
6,300
|
$499,149,000 | 0.18% |
| Eaton Vance Enhanced Equity |
0.19%
22,321
|
$486,148,000 | 0.18% |
| Cheniere Energy Inc. |
No change
2,753
|
$481,376,000 | 0.18% |
| Vanguard Whitehall Fds |
3.83%
7,070
|
$725,274,000 | 0.26% |
| Vanguard Bd Index Fds |
14.33%
6,551
|
$472,002,000 | 0.17% |
| Bristol-Myers Squibb Co. |
2.32%
10,927
|
$453,809,000 | 0.17% |
| Eaton Vance Tax-managed Glob |
2.43%
52,852
|
$446,603,000 | 0.16% |
| Sunopta, Inc. |
2.62%
81,700
|
$441,180,000 | 0.16% |
| CVS Health Corp |
58.50%
7,446
|
$439,786,000 | 0.16% |
| Att Inc |
40.43%
22,861
|
$436,874,000 | 0.16% |
| Vanguard Star Fds |
9.36%
7,210
|
$434,763,000 | 0.16% |
| Spdr Gold Tr |
27.26%
1,988
|
$427,440,000 | 0.16% |
| Global Partners LP |
1.82%
9,175
|
$418,655,000 | 0.15% |
| State Str Corp |
No change
5,554
|
$410,996,000 | 0.15% |
| Tjx Cos Inc New |
11.06%
3,595
|
$395,833,000 | 0.14% |
| Pure Cycle Corp. |
0.86%
40,950
|
$391,073,000 | 0.14% |
| Hershey Company |
Opened
2,117
|
$389,168,000 | 0.14% |
| Fidelity Covington Trust |
Opened
8,700
|
$369,228,000 | 0.13% |
| General Electric Co |
Closed
2,086
|
$366,156,000 | |
| Disney Walt Co |
8.81%
3,662
|
$363,600,000 | 0.13% |
| Danaher Corp. |
0.07%
1,443
|
$360,434,000 | 0.13% |
| Honeywell International Inc |
0.06%
1,676
|
$357,827,000 | 0.13% |
| Church Dwight Co Inc |
0.09%
3,435
|
$356,129,000 | 0.13% |
| Samsara Inc. |
37.91%
10,550
|
$355,535,000 | 0.13% |
| Schwab Strategic Tr |
24.35%
7,502
|
$653,334,000 | 0.24% |
| Devon Energy Corp. |
43.26%
7,265
|
$344,346,000 | 0.13% |
| Tractor Supply Co. |
No change
1,265
|
$341,550,000 | 0.12% |
| Chubb Limited |
1.92%
1,330
|
$339,222,000 | 0.12% |
| Mcdonalds Corp |
1.12%
1,328
|
$338,428,000 | 0.12% |
| Cohen Steers Reit Pfd |
No change
16,500
|
$336,105,000 | 0.12% |
| GE Aerospace |
Opened
2,111
|
$335,586,000 | 0.12% |
| Palo Alto Networks Inc |
Opened
985
|
$333,956,000 | 0.12% |
| Lockheed Martin Corp. |
No change
711
|
$332,108,000 | 0.12% |
| Vanguard Specialized Funds |
No change
1,819
|
$332,058,000 | 0.12% |
| Netflix Inc. |
No change
470
|
$317,194,000 | 0.12% |
| Zoetis Inc |
19.72%
1,820
|
$315,584,000 | 0.11% |
| American Intl Group Inc |
2.55%
4,250
|
$315,520,000 | 0.11% |
| Enterprise Prods Partners L |
No change
10,700
|
$310,086,000 | 0.11% |
| Dlh Hldgs Corp |
No change
28,833
|
$304,476,000 | 0.11% |
| TG Therapeutics Inc |
No change
16,500
|
$293,535,000 | 0.11% |
| CSX Corp. |
No change
8,646
|
$289,209,000 | 0.11% |
| Ishares Tr |
Closed
9,350
|
$286,297,000 | |
| Blackrock Energy Res Tr |
3.59%
21,500
|
$284,230,000 | 0.10% |
| Cummins Inc. |
No change
1,011
|
$279,854,000 | 0.10% |
| Blackrock Munihldgs Nj Qlty |
22.57%
24,294
|
$276,709,000 | 0.10% |
| Seelos Therapeutics, Inc. |
Closed
466,660
|
$275,796,000 | |
| Essential Utils Inc |
Closed
7,223
|
$267,606,000 | |
| First Tr Sml Cp Core Alpha F |
0.03%
2,958
|
$267,559,000 | 0.10% |
| Occidental Pete Corp |
Closed
4,107
|
$266,914,000 | |
| Manhattan Associates, Inc. |
Opened
1,080
|
$266,414,000 | 0.10% |
| Travelers Companies Inc. |
1.14%
1,306
|
$265,515,000 | 0.10% |
| Strategy Shs |
53.27%
6,654
|
$262,900,000 | 0.10% |
| Exchange Traded Concepts Tru |
Closed
4,430
|
$259,756,000 | |
| First Tr Exchange Traded Fd |
1.79%
21,944
|
$675,701,000 | 0.25% |
| Motorola Solutions Inc |
No change
650
|
$250,933,000 | 0.09% |
| Alps Etf Tr |
Closed
2,120
|
$250,139,000 | |
| Altimmune Inc |
155.44%
37,550
|
$249,708,000 | 0.09% |
| MercadoLibre Inc |
1.31%
151
|
$248,153,000 | 0.09% |
| Mastercard Incorporated |
No change
548
|
$241,756,000 | 0.09% |
| Deere Co |
16.34%
640
|
$239,123,000 | 0.09% |
| Constellation Brands Inc |
2.64%
921
|
$236,906,000 | 0.09% |
| Select Sector Spdr Tr |
Closed
7,956
|
$698,411,000 | |
| Vanguard Index Fds |
Closed
887
|
$231,259,000 | |
| Blackrock Municipal Income |
No change
18,458
|
$227,772,000 | 0.08% |
| Cigna Group (The) |
No change
689
|
$227,763,000 | 0.08% |
| Goldman Sachs Group, Inc. |
No change
500
|
$226,160,000 | 0.08% |
| Deutsche Bank A G |
Closed
14,200
|
$223,934,000 | |
| Scynexis Inc |
2.62%
111,500
|
$223,000,000 | 0.08% |
| Honda Motor |
2.81%
6,874
|
$221,602,000 | 0.08% |
| Super Micro Computer Inc |
Opened
270
|
$221,225,000 | 0.08% |
| Energy Transfer L P |
26.13%
13,514
|
$219,197,000 | 0.08% |
| Accenture Plc Ireland |
Closed
625
|
$216,631,000 | |
| Salesforce Inc |
2.34%
835
|
$214,679,000 | 0.08% |
| Cisco Sys Inc |
Closed
4,260
|
$212,623,000 | |
| First Tr Exchange Traded Fd |
Closed
1,940
|
$212,555,000 | |
| Astrazeneca plc |
Opened
2,725
|
$212,523,000 | 0.08% |
| Colgate-Palmolive Co. |
Opened
2,167
|
$210,286,000 | 0.08% |
| Freeport-McMoRan Inc |
Opened
4,254
|
$206,766,000 | 0.08% |
| Duke Energy Corp. |
Opened
2,032
|
$203,694,000 | 0.07% |
| First Tr Exchange-traded Alp |
6.57%
3,057
|
$201,444,000 | 0.07% |
| First Tr Exchange-traded Fd |
Closed
3,514
|
$201,096,000 | |
| Parker-Hannifin Corp. |
Closed
361
|
$200,640,000 | |
| American Express Co. |
Closed
880
|
$200,367,000 | |
| Calamos Conv Opportunities |
15.26%
17,056
|
$198,531,000 | 0.07% |
| Perspective Therapeutics Inc |
Opened
17,350
|
$172,980,000 | 0.06% |
| Autolus Therapeutics plc |
19.51%
49,000
|
$170,520,000 | 0.06% |
| Hawaiian Holdings, Inc. |
13.79%
12,500
|
$155,375,000 | 0.06% |
| Eaton Vance Risk-managed Div |
7.97%
17,322
|
$152,085,000 | 0.06% |
| Recursion Pharmaceuticals In |
Closed
15,000
|
$149,550,000 | |
| Perspective Therapeutics Inc |
Closed
117,500
|
$139,825,000 | |
| Beyond Air, Inc. |
37.33%
256,300
|
$137,710,000 | 0.05% |
| Stereotaxis, Inc. |
No change
72,060
|
$131,149,000 | 0.05% |
| Barclays plc |
No change
10,000
|
$107,100,000 | 0.04% |
| Invesco Sr Income Tr |
7.23%
23,275
|
$100,315,000 | 0.04% |
| Byrna Technologies Inc |
No change
10,000
|
$99,800,000 | 0.04% |
| Fastly Inc |
62.44%
12,651
|
$93,237,000 | 0.03% |
| Ondas Holdings Inc. |
9.82%
156,500
|
$90,770,000 | 0.03% |
| Immucell Corp. |
16.22%
12,917
|
$62,647,000 | 0.02% |
| Seelos Therapeutics, Inc. |
Opened
53,844
|
$32,145,000 | 0.01% |
| Akebia Therapeutics Inc. |
No change
27,000
|
$27,540,000 | 0.01% |
| Hydrofarm Hldgs Group Inc |
41.04%
39,500
|
$27,255,000 | 0.01% |
| CareCloud Inc |
No change
12,932
|
$24,829,000 | 0.01% |
| CuriosityStream Inc. |
8.79%
13,056
|
$14,884,000 | 0.01% |
| Hyzon Motors Inc |
Closed
15,000
|
$11,052,000 | |
| Cara Therapeutics Inc |
Opened
13,500
|
$3,483,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 197 holdings | |||
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- Curtis Advisory
- Jw Asset Management