Lifestyle Asset Management 13F annual report
Lifestyle Asset Management is an investment fund managing more than $174 billion ran by Ross Wegner. There are currently 88 companies in Mr. Wegner’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and First Tr Exchng Traded Fd Vi, together worth $49.6 billion.
$174 billion Assets Under Management (AUM)
As of 12th July 2024, Lifestyle Asset Management’s top holding is 51,158 shares of Spdr S&p 500 Etf Tr currently worth over $27.8 billion and making up 16.0% of the portfolio value.
In addition, the fund holds 602,429 shares of First Tr Exchng Traded Fd Vi worth $21.7 billion.
The third-largest holding is American Centy Etf Tr worth $24.5 billion and the next is Spdr Ser Tr worth $8.1 billion, with 88,293 shares owned.
Currently, Lifestyle Asset Management's portfolio is worth at least $174 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 Lifestyle Asset Management
The Lifestyle Asset Management office and employees reside in Friendswood, Texas. According to the last 13-F report filed with the SEC, Ross Wegner serves as the Chief Compliance Officer at Lifestyle Asset Management.
Recent trades
In the most recent 13F filing, Lifestyle Asset Management revealed that it had opened a new position in
Wisdomtree Tr and bought 61,882 shares worth $2.94 billion.
The investment fund also strengthened its position in Spdr S&p 500 Etf Tr by buying
16,479 additional shares.
This makes their stake in Spdr S&p 500 Etf Tr total 51,158 shares worth $27.8 billion.
On the other hand, there are companies that Lifestyle Asset Management is getting rid of from its portfolio.
Lifestyle Asset Management closed its position in Invesco Exchange Traded Fd T on 19th July 2024.
It sold the previously owned 28,548 shares for $3.04 billion.
Ross Wegner also disclosed a decreased stake in First Tr Exchng Traded Fd Vi by 0.3%.
This leaves the value of the investment at $21.7 billion and 602,429 shares.
One of the smallest hedge funds
The two most similar investment funds to Lifestyle Asset Management are Exane Derivatives and Loudon Investment Management. They manage $174 billion and $174 billion respectively.
Ross Wegner investment strategy
Lifestyle Asset Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 5.9% of
the total portfolio value.
The fund focuses on investments in the United States as
48.9% 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
34% of the total holdings value.
On the other hand, small-cap stocks make up only 3.4% of the portfolio.
The average market cap of the portfolio companies is close to $202 billion.
The complete list of Lifestyle Asset Management 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 |
|---|---|---|---|
| Spdr S&p 500 Etf Tr |
47.52%
51,158
|
$27,841,182,000 | 16.00% |
| First Tr Exchng Traded Fd Vi |
26.54%
602,429
|
$21,710,601,000 | 12.47% |
| American Centy Etf Tr |
6.92%
329,424
|
$24,503,000,000 | 14.08% |
| Spdr Ser Tr |
3.14%
88,293
|
$8,103,532,000 | 4.66% |
| Ishares Tr |
3.55%
80,499
|
$8,428,572,000 | 4.84% |
| Exxon Mobil Corp. |
238.15%
56,988
|
$6,560,459,000 | 3.77% |
| Spdr Index Shs Fds |
3.65%
187,461
|
$6,644,773,000 | 3.82% |
| J P Morgan Exchange Traded F |
12.16%
146,144
|
$8,048,228,000 | 4.62% |
| Invesco Exchange Traded Fd T |
Closed
28,548
|
$3,040,041,000 | |
| Northern Lts Fd Tr Iii |
0.93%
80,772
|
$4,448,238,000 | 2.56% |
| Wisdomtree Tr |
Opened
61,882
|
$2,943,697,000 | 1.69% |
| NVIDIA Corp |
714.51%
16,331
|
$2,017,532,000 | 1.16% |
| Wisdomtree Tr |
32.79%
24,139
|
$1,884,053,000 | 1.08% |
| Alphabet Inc |
7.15%
10,000
|
$1,821,500,000 | 1.05% |
| Victory Portfolios II |
Opened
56,818
|
$1,756,825,000 | 1.01% |
| Apple Inc |
6.97%
7,941
|
$1,672,533,000 | 0.96% |
| Meta Platforms Inc |
472.62%
2,823
|
$1,423,413,000 | 0.82% |
| Medpace Holdings Inc |
7.59%
3,456
|
$1,423,354,000 | 0.82% |
| VanEck ETF Trust |
52.75%
15,188
|
$1,315,409,000 | 0.76% |
| Direxion Shs Etf Tr |
5.23%
38,574
|
$1,313,445,000 | 0.75% |
| Applied Matls Inc |
17.42%
5,540
|
$1,307,385,000 | 0.75% |
| United Therapeutics Corp |
9.23%
3,886
|
$1,237,885,000 | 0.71% |
| Asml Holding N V |
10.81%
1,196
|
$1,223,185,000 | 0.70% |
| Owens Corning |
13.65%
6,967
|
$1,210,307,000 | 0.70% |
| Independence Rlty Tr Inc |
11.49%
64,449
|
$1,207,774,000 | 0.69% |
| Hartford Finl Svcs Group Inc |
11.13%
11,376
|
$1,143,743,000 | 0.66% |
| Bjs Whsl Club Hldgs Inc |
10.02%
12,882
|
$1,131,555,000 | 0.65% |
| Arch Cap Group Ltd |
12.29%
11,172
|
$1,127,143,000 | 0.65% |
| Advanced Drain Sys Inc Del |
11.18%
6,850
|
$1,098,672,000 | 0.63% |
| Toll Brothers Inc. |
12.20%
9,490
|
$1,093,058,000 | 0.63% |
| Tractor Supply Co. |
9.22%
3,989
|
$1,077,030,000 | 0.62% |
| United Microelectronics Corp |
Closed
132,787
|
$1,074,247,000 | |
| Mastercard Incorporated |
7.89%
2,324
|
$1,025,256,000 | 0.59% |
| Tapestry Inc |
6.81%
23,863
|
$1,021,098,000 | 0.59% |
| Dr Reddys Labs Ltd |
7.99%
13,267
|
$1,010,813,000 | 0.58% |
| Vodafone Group plc |
Closed
112,794
|
$1,003,867,000 | |
| Renaissancere Hldgs Ltd |
Opened
4,480
|
$1,001,325,000 | 0.58% |
| Marathon Pete Corp |
12.98%
5,701
|
$989,009,000 | 0.57% |
| Autodesk Inc. |
11.69%
3,897
|
$964,313,000 | 0.55% |
| Unum Group |
8.96%
18,857
|
$963,781,000 | 0.55% |
| Eog Res Inc |
7.77%
7,432
|
$935,466,000 | 0.54% |
| Conocophillips |
7.66%
7,710
|
$881,870,000 | 0.51% |
| Lincoln Elec Hldgs Inc |
10.49%
4,618
|
$871,140,000 | 0.50% |
| ON Semiconductor Corp. |
0.19%
12,661
|
$867,912,000 | 0.50% |
| Ulta Beauty Inc |
1.34%
2,056
|
$793,349,000 | 0.46% |
| WEX Inc |
11.78%
4,470
|
$791,816,000 | 0.45% |
| Eagle Matls Inc |
3.87%
3,627
|
$788,727,000 | 0.45% |
| Bruker Corp |
1.95%
12,290
|
$784,225,000 | 0.45% |
| Broadcom Inc. |
0.61%
486
|
$780,288,000 | 0.45% |
| Energy Transfer L P |
33.53%
44,677
|
$724,661,000 | 0.42% |
| Microsoft Corporation |
1.94%
1,154
|
$515,780,000 | 0.30% |
| Vital Farms, Inc. |
Opened
9,248
|
$432,529,000 | 0.25% |
| Vaneck Bitcoin Tr |
Opened
5,756
|
$390,660,000 | 0.22% |
| Arista Networks Inc |
17.32%
1,104
|
$386,930,000 | 0.22% |
| International Business Machs |
4.99%
2,036
|
$352,200,000 | 0.20% |
| e.l.f. Beauty Inc |
24.12%
1,662
|
$350,217,000 | 0.20% |
| Novo-nordisk A S |
19.09%
2,433
|
$347,286,000 | 0.20% |
| Crocs Inc |
12.38%
2,314
|
$337,705,000 | 0.19% |
| Comfort Sys Usa Inc |
9.60%
1,107
|
$336,661,000 | 0.19% |
| Axcelis Technologies Inc |
Opened
2,358
|
$335,284,000 | 0.19% |
| Futu Hldgs Ltd |
11.68%
5,066
|
$332,355,000 | 0.19% |
| Chipotle Mexican Grill |
5,312.37%
5,250
|
$328,913,000 | 0.19% |
| Super Micro Computer Inc |
12.64%
401
|
$328,559,000 | 0.19% |
| Amazon.com Inc. |
23.70%
1,691
|
$326,786,000 | 0.19% |
| Home Depot, Inc. |
5.70%
927
|
$319,110,000 | 0.18% |
| Ingersoll Rand Inc. |
13.93%
3,434
|
$311,945,000 | 0.18% |
| Interactive Brokers Group In |
13.72%
2,528
|
$309,933,000 | 0.18% |
| Netflix Inc. |
Opened
453
|
$305,721,000 | 0.18% |
| Adobe Inc |
28.04%
548
|
$304,436,000 | 0.17% |
| Bhp Group Ltd |
19.44%
5,198
|
$296,754,000 | 0.17% |
| Kinder Morgan Inc |
No change
14,924
|
$296,540,000 | 0.17% |
| Apollo Global Mgmt Inc |
15.66%
2,489
|
$293,876,000 | 0.17% |
| Chart Inds Inc |
Opened
1,998
|
$288,391,000 | 0.17% |
| Ensign Group Inc |
19.10%
2,313
|
$286,095,000 | 0.16% |
| Cadence Design System Inc |
Closed
897
|
$279,218,000 | |
| Saia Inc. |
43.10%
581
|
$275,562,000 | 0.16% |
| Targa Res Corp |
Closed
2,424
|
$271,464,000 | |
| KLA Corp. |
8.25%
328
|
$270,439,000 | 0.16% |
| Tradeweb Mkts Inc |
22.41%
2,496
|
$264,576,000 | 0.15% |
| Afya Ltd |
26.89%
14,784
|
$260,938,000 | 0.15% |
| Proshares Tr |
Opened
3,376
|
$249,216,000 | 0.14% |
| First Tr Exchng Traded Fd Vi |
Closed
6,355
|
$245,811,000 | |
| Fortinet Inc |
25.52%
4,072
|
$245,419,000 | 0.14% |
| Vanguard Index Fds |
No change
647
|
$241,984,000 | 0.14% |
| Paycom Software Inc |
Closed
1,209
|
$240,603,000 | |
| Salesforce Inc |
Closed
784
|
$236,125,000 | |
| Merck & Co Inc |
Closed
1,779
|
$234,739,000 | |
| Perion Network Ltd. |
Closed
10,243
|
$230,263,000 | |
| Option Care Health Inc |
31.98%
8,292
|
$229,688,000 | 0.13% |
| JPMorgan Chase & Co. |
15.63%
1,128
|
$228,149,000 | 0.13% |
| Union Pac Corp |
Closed
926
|
$227,731,000 | |
| Citigroup Inc |
15.98%
3,570
|
$226,552,000 | 0.13% |
| Eli Lilly & Co |
35.57%
250
|
$226,345,000 | 0.13% |
| Johnson & Johnson |
1.46%
1,533
|
$224,063,000 | 0.13% |
| Abbvie Inc |
4.04%
1,306
|
$224,005,000 | 0.13% |
| AMGEN Inc. |
10.78%
695
|
$217,153,000 | 0.12% |
| Goldman Sachs Group, Inc. |
19.01%
473
|
$213,947,000 | 0.12% |
| Lululemon Athletica inc. |
Opened
715
|
$213,571,000 | 0.12% |
| Cisco Sys Inc |
Closed
4,258
|
$212,517,000 | |
| Pepsico Inc |
Closed
1,197
|
$209,487,000 | |
| Bank America Corp |
11.88%
5,254
|
$208,952,000 | 0.12% |
| Comcast Corp New |
Closed
4,739
|
$205,436,000 | |
| Morgan Stanley |
Closed
2,172
|
$204,516,000 | |
| Unitedhealth Group Inc |
Closed
413
|
$204,311,000 | |
| Mcdonalds Corp |
Closed
720
|
$203,004,000 | |
| Coca-Cola Co |
Closed
3,293
|
$201,466,000 | |
| No transactions found | |||
| Showing first 500 out of 106 holdings | |||
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