Able 13F annual report

Able is an investment fund managing more than $276 billion ran by Adam Brooks. There are currently 134 companies in Mr. Brooks’s portfolio. The largest investments include First Tr Exchange-traded Fd and Ishares Tr, together worth $101 billion.

Limited to 30 biggest holdings

$276 billion Assets Under Management (AUM)

As of 19th July 2024, Able’s top holding is 637,195 shares of First Tr Exchange-traded Fd currently worth over $41.4 billion and making up 15.0% of the portfolio value. In addition, the fund holds 704,113 shares of Ishares Tr worth $59.2 billion. The third-largest holding is American Centy Etf Tr worth $9.54 billion and the next is First Tr Exchng Traded Fd Vi worth $9.91 billion, with 337,041 shares owned.

Currently, Able's portfolio is worth at least $276 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 Able

The Able office and employees reside in Scottsdale, Arizona. According to the last 13-F report filed with the SEC, Adam Brooks serves as the Managing Director at Able.

Recent trades

In the most recent 13F filing, Able revealed that it had opened a new position in Spdr Ser Tr and bought 21,505 shares worth $1.72 billion.

The investment fund also strengthened its position in Ishares Tr by buying 51,075 additional shares. This makes their stake in Ishares Tr total 704,113 shares worth $59.2 billion.

On the other hand, there are companies that Able is getting rid of from its portfolio. Able closed its position in DaVita Inc on 26th July 2024. It sold the previously owned 6,792 shares for $938 million. Adam Brooks also disclosed a decreased stake in First Tr Exchange-traded Fd by approximately 0.1%. This leaves the value of the investment at $41.4 billion and 637,195 shares.

One of the smaller hedge funds

The two most similar investment funds to Able are Lcnb Corp and Wade Advisory, Inc. They manage $276 billion and $276 billion respectively.


Adam Brooks investment strategy

Able’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Technology — making up 7.9% of the total portfolio value. The fund focuses on investments in the United States as 47.8% 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 43% of the total holdings value. On the other hand, small-cap stocks make up only 2.2% of the portfolio. The average market cap of the portfolio companies is close to $207 billion.

The complete list of Able trades based on 13F SEC filings

These positions were updated on July 26th 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
First Tr Exchange-traded Fd
1.15%
637,195
$41,357,347,000 14.97%
Ishares Tr
7.82%
704,113
$59,179,160,000 21.43%
American Centy Etf Tr
7.78%
106,324
$9,539,389,000 3.45%
First Tr Exchng Traded Fd Vi
7.41%
337,041
$9,906,824,000 3.59%
Apple Inc
1.07%
43,639
$9,191,191,000 3.33%
Vanguard Mun Bd Fds
6.91%
175,606
$8,799,617,000 3.19%
Spdr Gold Tr
1.58%
34,136
$7,339,581,000 2.66%
VanEck ETF Trust
1.86%
382,178
$6,825,699,000 2.47%
Ishares Inc
13.34%
127,462
$6,823,052,000 2.47%
Microsoft Corporation
1.02%
13,951
$6,235,252,000 2.26%
Amazon.com Inc.
0.65%
22,627
$4,372,668,000 1.58%
Spdr S&p 500 Etf Tr
81.89%
8,027
$4,368,608,000 1.58%
Pgim Etf Tr
7.32%
92,830
$3,828,376,000 1.39%
First Tr Exchange Trad Fd Vi
8.91%
156,227
$3,735,378,000 1.35%
NVIDIA Corp
952.76%
29,351
$3,626,078,000 1.31%
Vanguard Index Fds
9.13%
43,768
$3,982,902,000 1.44%
Costco Whsl Corp New
0.10%
4,005
$3,403,807,000 1.23%
Fidelity Merrimack Str Tr
25.04%
67,315
$3,024,463,000 1.09%
Pimco Etf Tr
5.07%
52,709
$2,628,598,000 0.95%
Spdr Index Shs Fds
2.10%
65,417
$2,294,828,000 0.83%
Price T Rowe Group Inc
7.46%
17,555
$2,024,290,000 0.73%
Alphabet Inc
6.89%
13,289
$2,424,822,000 0.88%
Broadcom Inc
2.57%
1,118
$1,794,983,000 0.65%
Home Depot, Inc.
0.71%
5,125
$1,764,320,000 0.64%
Spdr Ser Tr
Opened
21,505
$1,723,196,000 0.62%
JPMorgan Chase & Co.
29.51%
8,023
$1,622,831,000 0.59%
Dominos Pizza Inc
0.17%
3,021
$1,559,907,000 0.56%
Comcast Corp New
3.17%
39,327
$1,540,045,000 0.56%
Healthequity Inc
5.83%
17,324
$1,493,329,000 0.54%
Synopsys, Inc.
3.36%
2,279
$1,356,142,000 0.49%
American Tower Corp.
2.64%
6,296
$1,223,795,000 0.44%
KLA Corp.
5.15%
1,473
$1,214,503,000 0.44%
Aspen Technology Inc
3.04%
6,063
$1,204,294,000 0.44%
Diamondback Energy Inc
3.03%
5,985
$1,198,137,000 0.43%
Chevron Corp.
0.24%
7,486
$1,170,995,000 0.42%
Pepsico Inc
0.66%
6,576
$1,084,594,000 0.39%
Netapp Inc
Opened
8,177
$1,053,198,000 0.38%
Mcdonalds Corp
9.20%
4,126
$1,051,375,000 0.38%
Ishares Tr
Opened
51,787
$3,640,670,000 1.32%
Meta Platforms Inc
1.05%
2,022
$1,019,533,000 0.37%
Nxp Semiconductors N V
3.26%
3,623
$974,913,000 0.35%
Unitedhealth Group Inc
12.55%
1,867
$950,633,000 0.34%
DaVita Inc
Closed
6,792
$937,636,000
Ross Stores, Inc.
Closed
6,385
$937,005,000
First Tr Value Line Divid In
1.83%
22,512
$917,372,000 0.33%
Vanguard Bd Index Fds
Opened
11,864
$909,969,000 0.33%
Omnicom Group, Inc.
17.84%
10,029
$899,601,000 0.33%
Encompass Health Corp
4.82%
10,403
$892,473,000 0.32%
Eli Lilly & Co
6.09%
958
$867,354,000 0.31%
Visa Inc
7.18%
3,270
$858,277,000 0.31%
Berkshire Hathaway Inc.
No change
2,032
$826,618,000 0.30%
Federated Hermes Inc
Opened
25,128
$826,209,000 0.30%
American Wtr Wks Co Inc New
200.85%
6,363
$821,845,000 0.30%
Merck & Co Inc
21.73%
6,347
$785,759,000 0.28%
Flowserve Corp.
3.52%
16,087
$773,785,000 0.28%
Haemonetics Corp Mass
Closed
8,973
$765,846,000
Union Pac Corp
13.90%
3,376
$763,948,000 0.28%
Fedex Corp
1.49%
2,504
$750,751,000 0.27%
Align Technology, Inc.
3.59%
2,998
$723,807,000 0.26%
Abbott Labs
51.59%
6,864
$713,233,000 0.26%
Blackrock Inc.
0.35%
868
$683,298,000 0.25%
Gilead Sciences, Inc.
Closed
9,115
$667,674,000
Ollies Bargain Outlet Hldgs
4.71%
6,715
$659,212,000 0.24%
NextEra Energy Inc
Closed
10,288
$657,511,000
Broadridge Finl Solutions In
0.03%
3,336
$657,192,000 0.24%
Walmart Inc
No change
9,300
$629,703,000 0.23%
Motorola Solutions Inc
4.07%
1,602
$618,452,000 0.22%
Oshkosh Corp
4.62%
5,635
$609,707,000 0.22%
Marathon Oil Corporation
6.07%
21,059
$603,762,000 0.22%
Republic Svcs Inc
No change
3,097
$601,871,000 0.22%
Resmed Inc.
33.24%
2,866
$548,610,000 0.20%
Abbvie Inc
4.49%
3,186
$546,463,000 0.20%
First Tr Lrg Cp Vl Alphadex
6.49%
7,296
$536,986,000 0.19%
Procter And Gamble Co
4.32%
3,256
$536,963,000 0.19%
First Tr Exch Trd Alphdx Fd
4.82%
32,043
$1,195,201,000 0.43%
First Tr Exchange Traded Fd
3.97%
5,081
$531,063,000 0.19%
Fidelity Covington Trust
No change
16,975
$519,435,000 0.19%
TREX Co., Inc.
3.55%
6,998
$518,692,000 0.19%
Medtronic Plc
20.83%
6,455
$508,073,000 0.18%
Johnson & Johnson
0.49%
3,442
$503,136,000 0.18%
Vanguard Scottsdale Fds
Opened
8,599
$498,656,000 0.18%
Hasbro, Inc.
Opened
7,999
$467,942,000 0.17%
Schwab Strategic Tr
Opened
9,596
$461,855,000 0.17%
Vanguard Index Fds
Opened
1,870
$452,727,000 0.16%
Bank America Corp
4.31%
11,253
$447,532,000 0.16%
Qualcomm, Inc.
0.68%
2,186
$435,407,000 0.16%
Schwab Strategic Tr
No change
6,865
$431,603,000 0.16%
Clorox Co.
18.62%
3,128
$426,878,000 0.15%
Novo-nordisk A S
2.55%
2,972
$424,228,000 0.15%
First Trust Lrgcp Gwt Alphad
7.72%
3,396
$416,112,000 0.15%
Oracle Corp.
1.87%
2,880
$406,656,000 0.15%
Lowes Cos Inc
5.16%
1,839
$405,426,000 0.15%
Vanguard Specialized Funds
5.07%
2,197
$401,062,000 0.15%
American Eagle Outfitters In
6.18%
19,119
$381,615,000 0.14%
Select Sector Spdr Tr
67.46%
1,683
$380,745,000 0.14%
Exxon Mobil Corp.
29.81%
3,253
$374,485,000 0.14%
Netflix Inc.
15.92%
546
$368,484,000 0.13%
American Centy Etf Tr
Opened
5,866
$362,226,000 0.13%
Invesco Exchange Traded Fd T
34.03%
2,178
$357,802,000 0.13%
Goldman Sachs Group, Inc.
35.41%
784
$354,619,000 0.13%
Spdr Ser Tr
28.69%
4,820
$351,571,000 0.13%
Texas Instrs Inc
0.17%
1,766
$343,469,000 0.12%
Aflac Inc.
2.78%
3,815
$340,718,000 0.12%
Valero Energy Corp.
10.02%
2,165
$339,385,000 0.12%
Ishares Gold Tr
Opened
7,660
$336,504,000 0.12%
Textron Inc.
10.34%
3,817
$327,728,000 0.12%
First Tr Mid Cap Core Alphad
Opened
3,014
$327,099,000 0.12%
Vanguard Intl Equity Index F
4.89%
7,465
$326,668,000 0.12%
Mastercard Incorporated
2.04%
722
$318,518,000 0.12%
Linde Plc.
11.98%
713
$312,872,000 0.11%
Marriott Intl Inc New
0.24%
1,261
$304,872,000 0.11%
Intuit Inc
1.98%
463
$304,288,000 0.11%
Coca-Cola Co
8.96%
4,634
$294,936,000 0.11%
First Solar Inc
6.25%
1,306
$294,451,000 0.11%
International Business Machs
21.85%
1,673
$289,345,000 0.10%
Rockwell Automation Inc
0.40%
989
$272,252,000 0.10%
Constellation Energy Corp
20.17%
1,350
$270,365,000 0.10%
Tesla Inc
No change
1,335
$264,170,000 0.10%
Select Sector Spdr Tr
Opened
12,311
$1,172,019,000 0.42%
First Tr Nasdaq 100 Tech Ind
6.39%
1,304
$257,488,000 0.09%
Salesforce Inc
Closed
850
$256,003,000
Automatic Data Processing In
16.75%
1,054
$251,579,000 0.09%
First Tr Morningstar Divid L
Closed
6,440
$247,811,000
Honeywell International Inc
8.05%
1,154
$246,425,000 0.09%
Emerson Elec Co
Closed
2,155
$244,420,000
Copart, Inc.
No change
4,504
$243,937,000 0.09%
Ishares Inc
Closed
7,533
$242,789,000
Deere & Co.
2.72%
643
$240,244,000 0.09%
Pimco Etf Tr
Opened
2,367
$238,239,000 0.09%
Vanguard Tax-managed Fds
Opened
4,767
$235,585,000 0.09%
FMC Corp.
8.82%
4,046
$232,847,000 0.08%
Fair Isaac Corp.
Opened
155
$230,742,000 0.08%
First Tr Lrge Cp Core Alpha
3.77%
2,370
$229,866,000 0.08%
Starbucks Corp.
Closed
2,475
$226,199,000
Berkley W R Corp
Closed
2,533
$224,019,000
Phillips 66
9.42%
1,586
$223,956,000 0.08%
Cigna Group (The)
0.30%
671
$221,812,000 0.08%
Laboratory Corp Amer Hldgs
Closed
1,003
$219,115,000
First Tr Exch Trd Alphdx Fd
Closed
3,954
$217,984,000
Oreilly Automotive Inc
1.46%
202
$213,324,000 0.08%
Goldman Sachs Etf Tr
5.26%
1,982
$211,975,000 0.08%
Stryker Corp.
26.69%
618
$210,295,000 0.08%
Disney Walt Co
Closed
1,708
$208,991,000
Labcorp Holdings Inc.
Opened
1,006
$204,731,000 0.07%
Accenture Plc Ireland
No change
674
$204,498,000 0.07%
AMGEN Inc.
Opened
645
$201,421,000 0.07%
Exelon Corp.
Closed
5,327
$200,135,000
Invesco Db Multi-sector Comm
0.07%
10,305
$163,334,000 0.06%
Tellurian Inc
Opened
10,000
$6,926,000 0.00%
No transactions found
Showing first 500 out of 149 holdings