Power Wealth Management 13F annual report
Power Wealth Management is an investment fund managing more than $209 billion ran by Nicholas Coppola. There are currently 69 companies in Mr. Coppola’s portfolio. The largest investments include Fidelity Merrimack Str Tr and Vanguard Scottsdale Fds, together worth $67.6 billion.
$209 billion Assets Under Management (AUM)
As of 6th August 2024, Power Wealth Management’s top holding is 552,753 shares of Fidelity Merrimack Str Tr currently worth over $24.8 billion and making up 11.9% of the portfolio value.
In addition, the fund holds 763,472 shares of Vanguard Scottsdale Fds worth $42.8 billion.
The third-largest holding is Ishares Tr worth $21.4 billion and the next is Spdr Ser Tr worth $16 billion, with 277,049 shares owned.
Currently, Power Wealth Management's portfolio is worth at least $209 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 Power Wealth Management
The Power Wealth Management office and employees reside in Alpharetta, Georgia. According to the last 13-F report filed with the SEC, Nicholas Coppola serves as the CCO at Power Wealth Management.
Recent trades
In the most recent 13F filing, Power Wealth Management revealed that it had opened a new position in
Progressive and bought 21,233 shares worth $4.41 billion.
This means they effectively own approximately 0.1% of the company.
Progressive makes up
53.0%
of the fund's Finance sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Fidelity Merrimack Str Tr by buying
116,820 additional shares.
This makes their stake in Fidelity Merrimack Str Tr total 552,753 shares worth $24.8 billion.
On the other hand, there are companies that Power Wealth Management is getting rid of from its portfolio.
Power Wealth Management closed its position in Navios Maritime Partners L.P on 13th August 2024.
It sold the previously owned 10,641 shares for $454 million.
Nicholas Coppola also disclosed a decreased stake in Ishares Tr by 0.3%.
This leaves the value of the investment at $21.4 billion and 145,568 shares.
One of the smallest hedge funds
The two most similar investment funds to Power Wealth Management are Bigelow Investment Advisors and Ruggaard & Associates. They manage $209 billion and $209 billion respectively.
Nicholas Coppola investment strategy
Power Wealth Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 7.2% of
the total portfolio value.
The fund focuses on investments in the United States as
58.0% 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
52% of the total holdings value.
On the other hand, small-cap stocks make up only 1.4% of the portfolio.
The average market cap of the portfolio companies is close to $262 billion.
The complete list of Power Wealth Management trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| Fidelity Merrimack Str Tr |
26.80%
552,753
|
$24,835,192,000 | 11.87% |
| Vanguard Scottsdale Fds |
74.53%
763,472
|
$42,806,472,000 | 20.45% |
| Ishares Tr |
29.98%
145,568
|
$21,438,544,000 | 10.24% |
| Spdr Ser Tr |
139.67%
277,049
|
$16,020,403,000 | 7.65% |
| J P Morgan Exchange Traded F |
43.39%
134,433
|
$7,619,662,000 | 3.64% |
| Schwab Strategic Tr |
162.52%
310,627
|
$10,465,879,000 | 5.00% |
| Invesco Exch Traded Fd Tr Ii |
62.17%
62,373
|
$6,578,480,000 | 3.14% |
| Select Sector Spdr Tr |
11.77%
84,217
|
$5,738,546,000 | 2.74% |
| Progressive Corp. |
Opened
21,233
|
$4,410,306,000 | 2.11% |
| Spdr S&p 500 Etf Tr |
22.25%
8,057
|
$4,384,781,000 | 2.09% |
| Apple Inc |
29.38%
18,114
|
$3,815,220,000 | 1.82% |
| Microsoft Corporation |
5.64%
7,230
|
$3,231,449,000 | 1.54% |
| Alphabet Inc |
6.82%
21,350
|
$3,894,932,000 | 1.86% |
| Vanguard Specialized Funds |
13.96%
16,505
|
$3,012,988,000 | 1.44% |
| Amazon.com Inc. |
10.01%
15,470
|
$2,989,578,000 | 1.43% |
| Meta Platforms Inc |
1.79%
3,811
|
$1,921,582,000 | 0.92% |
| Kyndryl Hldgs Inc |
12.87%
70,286
|
$1,849,225,000 | 0.88% |
| Salesforce Inc |
4.54%
7,122
|
$1,831,066,000 | 0.87% |
| Thermo Fisher Scientific Inc. |
7.73%
3,081
|
$1,703,793,000 | 0.81% |
| Autodesk Inc. |
67.56%
6,473
|
$1,601,744,000 | 0.77% |
| Equifax, Inc. |
8.33%
6,427
|
$1,558,290,000 | 0.74% |
| Vanguard Bd Index Fds |
1.94%
21,365
|
$1,539,348,000 | 0.74% |
| Charter Communications Inc N |
179.88%
4,646
|
$1,388,968,000 | 0.66% |
| Elevance Health Inc |
69.28%
2,463
|
$1,334,601,000 | 0.64% |
| Kroger Co. |
26.71%
25,929
|
$1,294,635,000 | 0.62% |
| Home Depot, Inc. |
3.20%
3,747
|
$1,289,867,000 | 0.62% |
| Viatris Inc. |
119.50%
121,043
|
$1,286,687,000 | 0.61% |
| BorgWarner Inc |
147.33%
39,400
|
$1,270,256,000 | 0.61% |
| IQVIA Holdings Inc |
68.06%
5,882
|
$1,243,690,000 | 0.59% |
| NVIDIA Corp |
688.21%
9,963
|
$1,230,829,000 | 0.59% |
| Nike, Inc. |
81.76%
14,141
|
$1,065,807,000 | 0.51% |
| PayPal Holdings Inc |
127.25%
17,173
|
$996,549,000 | 0.48% |
| Vanguard Index Fds |
0.51%
5,652
|
$2,044,882,000 | 0.98% |
| Zoetis Inc |
28.25%
5,511
|
$955,387,000 | 0.46% |
| Fidelity Natl Information Sv |
No change
11,758
|
$886,083,000 | 0.42% |
| Hasbro, Inc. |
42.37%
14,926
|
$873,157,000 | 0.42% |
| Berkshire Hathaway Inc. |
51.99%
1,982
|
$806,278,000 | 0.39% |
| Citigroup Inc |
0.65%
12,605
|
$799,913,000 | 0.38% |
| Schwab Charles Corp |
9.32%
10,815
|
$796,957,000 | 0.38% |
| Jacobs Solutions Inc |
11.61%
5,674
|
$792,715,000 | 0.38% |
| MGM Resorts International |
264.42%
17,445
|
$775,256,000 | 0.37% |
| Goldman Sachs Group, Inc. |
4.86%
1,705
|
$771,206,000 | 0.37% |
| Global Pmts Inc |
39.24%
7,864
|
$760,449,000 | 0.36% |
| Capital One Finl Corp |
159.37%
5,400
|
$747,630,000 | 0.36% |
| APA Corporation |
218.30%
24,821
|
$730,730,000 | 0.35% |
| Schwab Strategic Tr |
Opened
73,766
|
$3,345,300,000 | 1.60% |
| Intercontinental Exchange In |
77.00%
4,871
|
$666,791,000 | 0.32% |
| Warner Bros.Discovery Inc |
376.85%
89,428
|
$665,344,000 | 0.32% |
| Alight Inc. |
250.06%
89,193
|
$658,244,000 | 0.31% |
| Spdr Index Shs Fds |
24.49%
11,407
|
$637,081,000 | 0.30% |
| Cigna Group (The) |
95.01%
1,835
|
$606,596,000 | 0.29% |
| Atkore Inc |
115.24%
4,109
|
$554,427,000 | 0.26% |
| Walmart Inc |
32.23%
7,773
|
$526,310,000 | 0.25% |
| Navios Maritime Partners L.P. |
Closed
10,641
|
$453,539,000 | |
| T-Mobile US, Inc. |
Closed
2,395
|
$390,912,000 | |
| Linde Plc. |
41.12%
862
|
$378,254,000 | 0.18% |
| Chevron Corp. |
38.27%
2,163
|
$338,336,000 | 0.16% |
| Pimco Etf Tr |
Opened
3,310
|
$333,152,000 | 0.16% |
| JPMorgan Chase & Co. |
5.13%
1,599
|
$323,414,000 | 0.15% |
| Analog Devices Inc. |
Closed
1,588
|
$314,091,000 | |
| Vanguard Intl Equity Index F |
7.75%
6,903
|
$302,075,000 | 0.14% |
| Chubb Limited |
Closed
1,118
|
$289,708,000 | |
| Uber Technologies Inc |
46.01%
3,898
|
$283,307,000 | 0.14% |
| Exxon Mobil Corp. |
50.13%
2,286
|
$263,164,000 | 0.13% |
| Fiserv, Inc. |
No change
1,748
|
$260,522,000 | 0.12% |
| Coca-Cola Co |
76.20%
3,692
|
$234,996,000 | 0.11% |
| Oracle Corp. |
1.97%
1,646
|
$232,415,000 | 0.11% |
| Intuit Inc |
49.79%
352
|
$231,338,000 | 0.11% |
| Lululemon Athletica inc. |
Closed
590
|
$230,484,000 | |
| Wells Fargo Co New |
5.27%
3,855
|
$228,948,000 | 0.11% |
| ServiceNow Inc |
Closed
298
|
$227,196,000 | |
| Northern Lights Fund Trust |
Closed
2,325
|
$224,851,000 | |
| Philip Morris International Inc |
Closed
2,443
|
$223,828,000 | |
| Ishares Tr |
Closed
768
|
$221,208,000 | |
| Eli Lilly & Co |
Opened
241
|
$218,197,000 | 0.10% |
| First Tr Exchange-traded Fd |
Opened
2,750
|
$208,065,000 | 0.10% |
| NextEra Energy Inc |
41.55%
2,937
|
$207,969,000 | 0.10% |
| Visa Inc |
2.47%
788
|
$206,826,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 78 holdings | |||
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