Mittelman Wealth Management 13F annual report
Mittelman Wealth Management is an investment fund managing more than $154 billion ran by Joel Mittelman. There are currently 71 companies in Mr. Mittelman’s portfolio. The largest investments include Vanguard Dividend Appreciation Etf and Vanguard Sp 500 Etf, together worth $33.5 billion.
$154 billion Assets Under Management (AUM)
As of 5th August 2024, Mittelman Wealth Management’s top holding is 111,621 shares of Vanguard Dividend Appreciation Etf currently worth over $20.4 billion and making up 13.2% of the portfolio value.
In addition, the fund holds 26,149 shares of Vanguard Sp 500 Etf worth $13.1 billion.
The third-largest holding is Vanguard High Dividend Yield Etf worth $10.3 billion and the next is Ishares Msci Eafe Etf worth $10.2 billion, with 130,198 shares owned.
Currently, Mittelman Wealth Management's portfolio is worth at least $154 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 Mittelman Wealth Management
The Mittelman Wealth Management office and employees reside in Andover, Massachusetts. According to the last 13-F report filed with the SEC, Joel Mittelman serves as the President at Mittelman Wealth Management.
Recent trades
In the most recent 13F filing, Mittelman Wealth Management revealed that it had opened a new position in
Vanguard Consumer Discretionary Etf and bought 1,697 shares worth $530 million.
The investment fund also strengthened its position in Vanguard Dividend Appreciation Etf by buying
6,749 additional shares.
This makes their stake in Vanguard Dividend Appreciation Etf total 111,621 shares worth $20.4 billion.
On the other hand, Joel Mittelman disclosed a decreased stake in Vanguard Sp 500 Etf by approximately 0.1%.
This leaves the value of the investment at $13.1 billion and 26,149 shares.
One of the smallest hedge funds
The two most similar investment funds to Mittelman Wealth Management are Cohen Investment Advisors and 22nw, L.P.. They manage $154 billion and $154 billion respectively.
Joel Mittelman investment strategy
Mittelman Wealth Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 4.0% of
the total portfolio value.
The fund focuses on investments in the United States as
36.6% 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
37% 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 $351 billion.
The complete list of Mittelman Wealth Management trades based on 13F SEC filings
These positions were updated on August 12th 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 Dividend Appreciation Etf |
6.44%
111,621
|
$20,376,413,000 | 13.21% |
| Vanguard Sp 500 Etf |
1.60%
26,149
|
$13,077,899,000 | 8.48% |
| Vanguard High Dividend Yield Etf |
0.50%
86,738
|
$10,287,126,000 | 6.67% |
| Ishares Msci Eafe Etf |
No change
130,198
|
$10,198,409,000 | 6.61% |
| Ishares Trt Is 5-10 Inv Gr Cr Bd Etf |
5.33%
188,175
|
$9,645,850,000 | 6.25% |
| Vanguard Ftse Developed Markets Etf |
5.97%
187,508
|
$9,266,645,000 | 6.01% |
| Ishares Msci Emerging Markets Etf |
0.81%
185,045
|
$8,005,325,000 | 5.19% |
| Vanguard Ftse Emerging Markets Etf |
13.57%
121,329
|
$5,309,357,000 | 3.44% |
| Ishares Short Term Ntnl Mun Bnd Etf |
No change
34,902
|
$3,649,004,000 | 2.36% |
| Vanguard Information Technology Etf |
No change
5,673
|
$3,270,995,000 | 2.12% |
| Franklin Ftse Japan Etf |
4.24%
106,771
|
$3,070,733,000 | 1.99% |
| Apple Inc |
No change
12,481
|
$2,628,748,000 | 1.70% |
| Vanguard Industrials Etf |
0.43%
11,050
|
$2,599,181,000 | 1.68% |
| iShares Morningstar Small-Cap ETF |
0.12%
45,389
|
$2,445,286,000 | 1.58% |
| Microsoft Corporation |
0.06%
5,084
|
$2,272,293,000 | 1.47% |
| Vanguard Mid Cap Etf |
0.79%
8,876
|
$2,148,879,000 | 1.39% |
| Vanguard Energy Etf |
No change
16,658
|
$2,125,061,000 | 1.38% |
| Franklin Ftse India Etf |
0.04%
52,833
|
$2,105,923,000 | 1.36% |
| Costco Wholesale Corp |
No change
2,211
|
$1,879,327,000 | 1.22% |
| Marathon Pete Corp |
No change
10,705
|
$1,857,103,000 | 1.20% |
| J P Morgan Chase Co |
1.58%
8,737
|
$1,767,145,000 | 1.15% |
| Amphenol Corp. |
100.00%
24,950
|
$1,680,881,000 | 1.09% |
| Home Depot, Inc. |
No change
4,794
|
$1,650,286,000 | 1.07% |
| Goldman Sachs Group, Inc. |
37.38%
3,429
|
$1,551,005,000 | 1.01% |
| Berkshire Hathaway Inc. |
No change
3,708
|
$1,508,414,000 | 0.98% |
| Caterpillar Inc. |
3.51%
4,287
|
$1,427,999,000 | 0.93% |
| Union Pacific Corp. |
1.45%
6,271
|
$1,418,876,000 | 0.92% |
| Novo-nordisk As Vormal Fsponsored Adr 1 Adr Reps 1 Ord Shs |
37.86%
9,734
|
$1,389,431,000 | 0.90% |
| Vanguard Materials Etf |
No change
6,705
|
$1,291,584,000 | 0.84% |
| Chevron Corp. |
1.65%
7,890
|
$1,234,153,000 | 0.80% |
| American Express Co. |
2.33%
5,229
|
$1,210,774,000 | 0.78% |
| Vanguard Financials Etf |
7.81%
11,953
|
$1,193,865,000 | 0.77% |
| Amazon.com Inc. |
No change
5,733
|
$1,107,902,000 | 0.72% |
| Ishares Tr Is 1-5 Yr In Gr Cr Bd Etf |
3.16%
20,850
|
$1,068,354,000 | 0.69% |
| Bank Of America Corp. |
1.23%
26,849
|
$1,067,784,000 | 0.69% |
| Fedex Corp |
No change
3,267
|
$979,577,000 | 0.63% |
| Procter Gamble |
11.85%
5,814
|
$958,844,000 | 0.62% |
| Vanguard Communication Services Etf |
127.86%
6,863
|
$948,466,000 | 0.61% |
| Dollar Tree Inc |
No change
8,507
|
$908,292,000 | 0.59% |
| Texas Instruments Inc. |
No change
4,256
|
$827,919,000 | 0.54% |
| Walt Disney Co (The) |
3.15%
7,687
|
$763,242,000 | 0.49% |
| Us Bancorp Del |
No change
18,765
|
$744,970,000 | 0.48% |
| Merck Co. Inc. |
57.84%
5,638
|
$697,984,000 | 0.45% |
| Ishares Morn Small Cap Growth Etf |
No change
15,016
|
$682,927,000 | 0.44% |
| Ishares Core Sp 500 Etf |
6.01%
1,236
|
$676,376,000 | 0.44% |
| NVIDIA Corp |
900.18%
5,441
|
$672,203,000 | 0.44% |
| Spdr Sp China Etf |
5.18%
7,754
|
$530,761,000 | 0.34% |
| Vanguard Consumer Discretionary Etf |
Opened
1,697
|
$530,024,000 | 0.34% |
| Vanguard Small Cap Etf |
5.76%
2,357
|
$513,920,000 | 0.33% |
| Ishares Iboxx High Yieldbond Etf |
125.13%
6,621
|
$510,743,000 | 0.33% |
| Novartis Ag Fsponsored Adr 1 Adr Reps 1 Ord Shs |
No change
4,440
|
$472,682,000 | 0.31% |
| GE Aerospace |
109.29%
2,861
|
$454,813,000 | 0.29% |
| Spdr Sp 500 Etf |
20.36%
794
|
$432,110,000 | 0.28% |
| Jpmorgan Ultra Short Income Etf |
13.17%
8,144
|
$411,027,000 | 0.27% |
| Alphabet Inc |
No change
2,060
|
$375,229,000 | 0.24% |
| PPL Corp |
No change
12,805
|
$354,058,000 | 0.23% |
| Cisco Systems, Inc. |
Opened
7,441
|
$353,521,000 | 0.23% |
| Emerson Electric Co. |
No change
3,200
|
$352,512,000 | 0.23% |
| Pfizer Inc. |
53.07%
12,016
|
$336,207,000 | 0.22% |
| Spdr Gold Shares Etf |
Opened
1,468
|
$315,634,000 | 0.20% |
| Ishares Esg Awr 1-5 Y Usd Cp Bnd Etf |
No change
11,951
|
$292,679,000 | 0.19% |
| Vanguard Total Bond Market Etf |
Opened
4,000
|
$288,200,000 | 0.19% |
| Ibm Corp |
Opened
1,616
|
$279,487,000 | 0.18% |
| Mondelez Intl Class A |
No change
4,079
|
$266,929,000 | 0.17% |
| Thermo Fisher Scntfc |
No change
464
|
$256,592,000 | 0.17% |
| Boeing Co. |
30.47%
1,353
|
$246,259,000 | 0.16% |
| Walmart Inc |
Opened
3,348
|
$226,693,000 | 0.15% |
| Ishares 3-7 Year Trery Bond Etf |
18.57%
1,930
|
$222,857,000 | 0.14% |
| Vanguard Total Stock Market Etf |
Opened
803
|
$214,810,000 | 0.14% |
| Halliburton Co Hldg |
Opened
6,276
|
$212,003,000 | 0.14% |
| Invsc Qqq Trust Srs 1 Etf Iv |
9.39%
434
|
$207,933,000 | 0.13% |
| No transactions found | |||
| Showing first 500 out of 71 holdings | |||
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