Monument Wealth Advisors 13F annual report

Monument Wealth Advisors is an investment fund managing more than $149 billion ran by Lee Mcgowan. There are currently 36 companies in Mr. Mcgowan’s portfolio. The largest investments include Dimensional Etf Trust and Vanguard Index Fds, together worth $122 billion.

Limited to 30 biggest holdings

$149 billion Assets Under Management (AUM)

As of 30th July 2024, Monument Wealth Advisors’s top holding is 3,193,883 shares of Dimensional Etf Trust currently worth over $99.4 billion and making up 66.9% of the portfolio value. In addition, the fund holds 93,776 shares of Vanguard Index Fds worth $22.3 billion. The third-largest holding is Vanguard Tax-managed Fds worth $9.49 billion and the next is Vanguard Intl Equity Index F worth $2.16 billion, with 49,261 shares owned.

Currently, Monument Wealth Advisors's portfolio is worth at least $149 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 Monument Wealth Advisors

The Monument Wealth Advisors office and employees reside in Concord, Massachusetts. According to the last 13-F report filed with the SEC, Lee Mcgowan serves as the Chief Compliance Officer at Monument Wealth Advisors.

Recent trades

In the most recent 13F filing, Monument Wealth Advisors revealed that it had opened a new position in Stryker and bought 1,586 shares worth $540 million. This means they effectively own approximately 0.1% of the company. Stryker makes up 35.8% of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Dimensional Etf Trust by buying 727,828 additional shares. This makes their stake in Dimensional Etf Trust total 3,193,883 shares worth $99.4 billion.

On the other hand, there are companies that Monument Wealth Advisors is getting rid of from its portfolio. Monument Wealth Advisors closed its position in Globe Life on 6th August 2024. It sold the previously owned 3,505 shares for $427 million. Lee Mcgowan also disclosed a decreased stake in Vanguard Index Fds by 0.1%. This leaves the value of the investment at $22.3 billion and 93,776 shares.

One of the smallest hedge funds

The two most similar investment funds to Monument Wealth Advisors are Working Capital Advisors (uk) and Moser Wealth Advisors. They manage $149 billion and $149 billion respectively.

Lee Mcgowan investment strategy

Monument Wealth Advisors’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Health Care — making up 1.0% of the total portfolio value. The fund focuses on investments in the United States as 30.6% 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 28% of the total holdings value. On the other hand, small-cap stocks make up only 2.8% of the portfolio. The average market cap of the portfolio companies is close to $683 billion.

The complete list of Monument Wealth Advisors trades based on 13F SEC filings

These positions were updated on August 6th 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
Dimensional Etf Trust	29.51% 3,193,883	$99,388,858,000	66.85%
Vanguard Index Fds	11.75% 93,776	$22,277,287,000	14.98%
Vanguard Tax-managed Fds	3.89% 192,066	$9,491,915,000	6.38%
Vanguard Intl Equity Index F	0.67% 49,261	$2,155,641,000	1.45%
Apple Inc	1.06% 6,150	$1,295,313,000	0.87%
Ishares Tr	6.19% 21,718	$1,778,179,000	1.20%
Vanguard Bd Index Fds	115.55% 11,407	$874,947,000	0.59%
Microsoft Corporation	10.46% 1,849	$826,411,000	0.56%
Willis Towers Watson Plc Ltd	21.40% 3,018	$791,200,000	0.53%
American Centy Etf Tr	3.40% 7,786	$702,219,000	0.47%
Coca-Cola Co	No change 10,811	$688,091,000	0.46%
Vanguard Scottsdale Fds	0.33% 10,455	$606,285,000	0.41%
Exxon Mobil Corp.	No change 4,964	$571,456,000	0.38%
Stryker Corp.	Opened 1,586	$539,637,000	0.36%
Thermo Fisher Scientific Inc.	No change 800	$442,400,000	0.30%
Globe Life Inc.	Closed 3,505	$426,629,000
First Tr Morningstar Divid L	No change 10,350	$392,576,000	0.26%
Alphabet Inc	23.29% 2,049	$375,828,000	0.25%
Vanguard Index Fds	Closed 4,083	$360,774,000
JPMorgan Chase & Co.	No change 1,743	$352,539,000	0.24%
Wisdomtree Tr	No change 4,119	$348,426,000	0.23%
Spdr S&p 500 Etf Tr	No change 606	$329,797,000	0.22%
Vanguard World Fd	0.26% 2,656	$642,617,000	0.43%
Merck & Co Inc	Opened 2,530	$313,214,000	0.21%
International Business Machs	Opened 1,810	$313,040,000	0.21%
Flexshares Tr	No change 2,378	$305,074,000	0.21%
Vanguard Star Fds	37.29% 5,048	$304,381,000	0.20%
Nushares Etf Tr	No change 3,673	$298,101,000	0.20%
Berkshire Hathaway Inc.	No change 731	$297,371,000	0.20%
Mcdonalds Corp	Opened 989	$252,037,000	0.17%
Invesco Exchange Traded Fd T	0.88% 1,494	$245,367,000	0.17%
Dbx Etf Tr	Closed 5,505	$243,541,000
Public Svc Enterprise Grp In	Opened 3,150	$232,155,000	0.16%
Johnson & Johnson	12.03% 1,462	$213,686,000	0.14%
Costco Whsl Corp New	Opened 245	$208,248,000	0.14%
Vanguard Whitehall Fds	Opened 1,750	$207,550,000	0.14%
Automatic Data Processing In	3.59% 859	$205,035,000	0.14%
Dominion Energy Inc	Closed 4,354	$204,638,000
Dimensional Etf Trust	Opened 6,135	$202,087,000	0.14%
Spdr Index Shs Fds	Opened 5,840	$201,363,000	0.14%
No transactions found
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