Garrett Wealth Advisory 13F annual report
Garrett Wealth Advisory is an investment fund managing more than $205 billion ran by Stefan Simpson. There are currently 32 companies in Mr. Simpson’s portfolio. The largest investments include Wisdomtree Tr and Spdr Ser Tr, together worth $99.4 billion.
$205 billion Assets Under Management (AUM)
As of 12th July 2024, Garrett Wealth Advisory’s top holding is 577,684 shares of Wisdomtree Tr currently worth over $25.4 billion and making up 12.4% of the portfolio value.
In addition, the fund holds 1,764,544 shares of Spdr Ser Tr worth $74.1 billion.
The third-largest holding is Invesco Exchange Traded Fd T worth $15.9 billion and the next is John Hancock Exchange Traded worth $14.3 billion, with 298,304 shares owned.
Currently, Garrett Wealth Advisory's portfolio is worth at least $205 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 Garrett Wealth Advisory
The Garrett Wealth Advisory office and employees reside in Weatherford, Texas. According to the last 13-F report filed with the SEC, Stefan Simpson serves as the Chief Compliance Officer at Garrett Wealth Advisory.
Recent trades
In the most recent 13F filing, Garrett Wealth Advisory revealed that it had opened a new position in
NVIDIA Corp and bought 740 shares worth $206 million.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
7.2%
of the fund's Technology sector allocation and has decreased its share price by 74.3% in the past year.
The investment fund also strengthened its position in Wisdomtree Tr by buying
8,185 additional shares.
This makes their stake in Wisdomtree Tr total 577,684 shares worth $25.4 billion.
On the other hand, there are companies that Garrett Wealth Advisory is getting rid of from its portfolio.
Garrett Wealth Advisory closed its position in Schwab Charles Corp on 19th July 2024.
It sold the previously owned 2,481 shares for $207 million.
Stefan Simpson also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $27.8 billion and 281,274 shares.
One of the smaller hedge funds
The two most similar investment funds to Garrett Wealth Advisory are Edenbrook Capital and Frontier Asset Management. They manage $272 billion and $272 billion respectively.
Stefan Simpson investment strategy
Garrett Wealth Advisory’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.4% of
the total portfolio value.
The fund focuses on investments in the United States as
40.6% 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
47% of the total holdings value.
On the other hand, small-cap stocks make up only 3.1% of the portfolio.
The average market cap of the portfolio companies is close to $504 billion.
The complete list of Garrett Wealth Advisory trades based on 13F SEC filings
These positions were updated on July 19th 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 |
|---|---|---|---|
| Wisdomtree Tr |
1.44%
577,684
|
$25,374,699,000 | 12.40% |
| Spdr Ser Tr |
2.83%
1,764,544
|
$74,063,704,000 | 36.20% |
| Invesco Exchange Traded Fd T |
2.63%
101,181
|
$15,863,177,000 | 7.75% |
| John Hancock Exchange Traded |
1.75%
298,304
|
$14,282,828,000 | 6.98% |
| Spdr Index Shs Fds |
2.15%
351,713
|
$11,386,411,000 | 5.57% |
| Ishares Tr |
1.06%
281,274
|
$27,773,464,000 | 13.58% |
| Victory Portfolios II |
1.45%
158,272
|
$9,594,480,000 | 4.69% |
| Apple Inc |
0.12%
27,903
|
$4,601,239,000 | 2.25% |
| Vanguard Specialized Funds |
0.98%
23,785
|
$3,663,206,000 | 1.79% |
| First Tr Nas100 Eq Weighted |
2.58%
19,510
|
$1,963,687,000 | 0.96% |
| Exxon Mobil Corp. |
13.33%
17,401
|
$1,908,207,000 | 0.93% |
| Berkshire Hathaway Inc. |
1.40%
6,110
|
$1,886,583,000 | 0.92% |
| Alphabet Inc |
3.89%
17,800
|
$1,851,200,000 | 0.90% |
| Lowes Cos Inc |
1.46%
8,223
|
$1,644,432,000 | 0.80% |
| Pepsico Inc |
1.01%
6,362
|
$1,159,853,000 | 0.57% |
| Union Pac Corp |
2.08%
5,229
|
$1,052,401,000 | 0.51% |
| Lockheed Martin Corp. |
0.73%
2,205
|
$1,042,469,000 | 0.51% |
| Procter And Gamble Co |
1.27%
4,265
|
$634,180,000 | 0.31% |
| Unilever plc |
4.80%
10,797
|
$560,728,000 | 0.27% |
| Enbridge Inc |
0.31%
14,692
|
$560,510,000 | 0.27% |
| Microsoft Corporation |
0.07%
1,440
|
$415,225,000 | 0.20% |
| Northern Lights Fund Trust |
1.03%
4,219
|
$407,057,000 | 0.20% |
| Oracle Corp. |
0.05%
4,029
|
$374,424,000 | 0.18% |
| Tesla Inc |
No change
1,716
|
$356,001,000 | 0.17% |
| Merck Co Inc |
13.44%
3,124
|
$332,363,000 | 0.16% |
| Eaton Corp Plc |
1.75%
1,853
|
$317,566,000 | 0.16% |
| Chevron Corp. |
0.50%
1,809
|
$295,284,000 | 0.14% |
| Energy Transfer L P |
7.16%
23,631
|
$294,689,000 | 0.14% |
| Vanguard Index Fds |
0.18%
1,109
|
$276,683,000 | 0.14% |
| Ventas Inc |
0.88%
5,403
|
$234,263,000 | 0.11% |
| Schwab Charles Corp |
Closed
2,481
|
$206,568,000 | |
| NVIDIA Corp |
Opened
740
|
$205,550,000 | 0.10% |
| Pfizer Inc. |
Closed
3,974
|
$203,646,000 | |
| The Southern Co. |
Opened
2,907
|
$202,268,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 34 holdings | |||
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