White Wing Wealth Management 13F annual report

White Wing Wealth Management is an investment fund managing more than $114 billion ran by Scott Mcmillan. There are currently 21 companies in Mr. Mcmillan’s portfolio. The largest investments include Vanguard Index Fds and J P Morgan Exchange Traded F, together worth $66 billion.

$114 billion Assets Under Management (AUM)

As of 25th July 2024, White Wing Wealth Management’s top holding is 199,783 shares of Vanguard Index Fds currently worth over $50.5 billion and making up 44.1% of the portfolio value. In addition, the fund holds 307,248 shares of J P Morgan Exchange Traded F worth $15.5 billion. The third-largest holding is Vanguard Tax-managed Fds worth $11 billion and the next is Schwab Strategic Tr worth $6.58 billion, with 136,208 shares owned.

Currently, White Wing Wealth Management's portfolio is worth at least $114 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 White Wing Wealth Management

The White Wing Wealth Management office and employees reside in The Wodlands, Texas. According to the last 13-F report filed with the SEC, Scott Mcmillan serves as the Principal Advisor at White Wing Wealth Management.

Recent trades

In the most recent 13F filing, White Wing Wealth Management revealed that it had opened a new position in Schwab Strategic Tr and bought 136,208 shares worth $6.58 billion.

The investment fund also strengthened its position in Apple Inc by buying 255 additional shares. This makes their stake in Apple Inc total 8,143 shares worth $1.72 billion. Apple Inc soared 13.5% in the past year.

On the other hand, there are companies that White Wing Wealth Management is getting rid of from its portfolio. White Wing Wealth Management closed its position in Vanguard Scottsdale Fds on 1st August 2024. It sold the previously owned 38,675 shares for $2.98 billion. Scott Mcmillan also disclosed a decreased stake in Vanguard Index Fds by 0.1%. This leaves the value of the investment at $50.5 billion and 199,783 shares.

One of the smallest hedge funds

The two most similar investment funds to White Wing Wealth Management are Optimas Capital Ltd and Dougherty Wealth Advisers. They manage $114 billion and $114 billion respectively.

Scott Mcmillan investment strategy

White Wing Wealth Management’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 3.3% of the total portfolio value. The fund focuses on investments in the United States as 42.9% 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 48% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $627 billion.

The complete list of White Wing Wealth Management trades based on 13F SEC filings

These positions were updated on August 1st 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	10.87% 199,783	$50,459,494,000	44.12%
J P Morgan Exchange Traded F	8.03% 307,248	$15,506,795,000	13.56%
Vanguard Tax-managed Fds	18.35% 221,962	$10,969,342,000	9.59%
Schwab Strategic Tr	Opened 136,208	$6,576,130,000	5.75%
Vanguard Specialized Funds	Opened 35,312	$6,446,206,000	5.64%
Dimensional Etf Trust	28.72% 165,464	$7,391,258,000	6.46%
Dimensional Etf Trust	Opened 169,268	$7,029,547,000	6.15%
Vanguard Scottsdale Fds	Closed 38,675	$2,983,762,000
Ishares Tr	Opened 57,371	$1,849,061,000	1.62%
Apple Inc	3.23% 8,143	$1,715,034,000	1.50%
NVIDIA Corp	912.70% 13,479	$1,665,254,000	1.46%
First Tr Exch Traded Fd Iii	Closed 61,745	$1,239,225,000
Tesla Inc	1.99% 5,899	$1,167,294,000	1.02%
Chipotle Mexican Grill	4,470.71% 9,050	$566,983,000	0.50%
BP plc	No change 13,481	$486,664,000	0.43%
Chevron Corp.	1.33% 2,961	$463,184,000	0.41%
Amazon.com Inc.	0.80% 1,887	$364,663,000	0.32%
Exxon Mobil Corp.	7.38% 2,925	$336,767,000	0.29%
Ishares Tr	90.64% 5,352	$329,923,000	0.29%
Schwab Strategic Tr	91.90% 11,564	$307,149,000	0.27%
Microsoft Corporation	13.62% 609	$272,381,000	0.24%
First Tr Exchange-traded Fd	Opened 4,216	$251,255,000	0.22%
Meta Platforms Inc	Opened 415	$209,408,000	0.18%
Boeing Co.	Closed 882	$201,978,000
No transactions found
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