Avondale Wealth Management 13F annual report
Avondale Wealth Management is an investment fund managing more than $146 billion ran by Joanne Burks. There are currently 120 companies in Mrs. Burks’s portfolio. The largest investments include Ishares S&p 500 Index and Ishares Core S&p Mid Cap Etf, together worth $46.1 billion.
$146 billion Assets Under Management (AUM)
As of 5th July 2024, Avondale Wealth Management’s top holding is 57,172 shares of Ishares S&p 500 Index currently worth over $31.3 billion and making up 21.4% of the portfolio value.
In addition, the fund holds 253,823 shares of Ishares Core S&p Mid Cap Etf worth $14.9 billion.
The third-largest holding is Invesco Qqq Trust Series I worth $14.5 billion and the next is Pacer Us Small Cap Cash Cows 100 Etf worth $10.2 billion, with 233,849 shares owned.
Currently, Avondale Wealth Management's portfolio is worth at least $146 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 Avondale Wealth Management
The Avondale Wealth Management office and employees reside in Austin, Texas. According to the last 13-F report filed with the SEC, Joanne Burks serves as the Chief Compliance Officer at Avondale Wealth Management.
Recent trades
In the most recent 13F filing, Avondale Wealth Management revealed that it had opened a new position in
Alpha Architect 1-3 Month Box Etf and bought 5,000 shares worth $539 million.
The investment fund also strengthened its position in Ishares S&p 500 Index by buying
23 additional shares.
This makes their stake in Ishares S&p 500 Index total 57,172 shares worth $31.3 billion.
On the other hand, there are companies that Avondale Wealth Management is getting rid of from its portfolio.
Avondale Wealth Management closed its position in Lululemon Athletica inc on 12th July 2024.
It sold the previously owned 600 shares for $307 million.
Joanne Burks also disclosed a decreased stake in Invesco Qqq Trust Series I by approximately 0.1%.
This leaves the value of the investment at $14.5 billion and 30,289 shares.
One of the smallest hedge funds
The two most similar investment funds to Avondale Wealth Management are Yarger Wealth Strategies and Soviero Asset Management, L.P.. They manage $146 billion and $146 billion respectively.
Joanne Burks investment strategy
Avondale Wealth Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Miscellaneous — making up 6.8% of
the total portfolio value.
The fund focuses on investments in the United States as
19.2% 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
15% of the total holdings value.
On the other hand, small-cap stocks make up only 5.0% of the portfolio.
The average market cap of the portfolio companies is close to $211 billion.
The complete list of Avondale Wealth Management trades based on 13F SEC filings
These positions were updated on July 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 |
|---|---|---|---|
| Ishares S&p 500 Index |
0.04%
57,172
|
$31,286,116,000 | 21.38% |
| Ishares Core S&p Mid Cap Etf |
398.70%
253,823
|
$14,853,734,000 | 10.15% |
| Invesco Qqq Trust Series I |
0.44%
30,289
|
$14,511,758,000 | 9.92% |
| Pacer Us Small Cap Cash Cows 100 Etf |
4.63%
233,849
|
$10,186,441,000 | 6.96% |
| Dimensional Emerging Core Equity Market ETF |
1.97%
374,091
|
$9,677,741,000 | 6.61% |
| Dimensional Us High Profitability Etf |
6.97%
240,716
|
$7,700,512,000 | 5.26% |
| Ishares Core U.s. Aggregate Bond Etf |
6.59%
77,473
|
$7,520,323,000 | 5.14% |
| Dimensional U.s. Targeted Value Etf |
796.43%
130,430
|
$6,765,388,000 | 4.62% |
| Berkshire Hathaway Inc. |
No change
6
|
$3,673,446,000 | 2.51% |
| Energy Select Sector Spdr |
16.52%
38,375
|
$3,497,844,000 | 2.39% |
| Vanguard S&p 500 Etf |
18.09%
6,191
|
$3,096,305,000 | 2.12% |
| Apple Inc |
30.79%
14,128
|
$2,975,639,000 | 2.03% |
| Nvidia Corporation Com |
868.34%
19,880
|
$2,455,975,000 | 1.68% |
| Draftkings Inc New Com Cl A |
70.19%
63,650
|
$2,429,521,000 | 1.66% |
| Ishares U.s. Treasury Bond Etf |
2.57%
77,625
|
$1,751,993,000 | 1.20% |
| Advanced Micro Devices Inc. |
21.59%
9,575
|
$1,553,161,000 | 1.06% |
| Spdr S&p Regional Banking Etf |
5.66%
29,850
|
$1,465,635,000 | 1.00% |
| Amazon.com Inc. |
5.68%
7,540
|
$1,457,105,000 | 1.00% |
| Sentinelone Inc Cl A |
22.68%
59,500
|
$1,252,475,000 | 0.86% |
| Fidelity Nasdaq Composite Index Etf |
0.11%
15,357
|
$1,073,911,000 | 0.73% |
| United Airls Hldgs Inc Com |
17.54%
16,750
|
$815,055,000 | 0.56% |
| Exxon Mobil Corp Com |
106.40%
6,551
|
$754,151,000 | 0.52% |
| Schwab Charles Corp Com |
39.26%
9,900
|
$729,531,000 | 0.50% |
| Walmart Inc |
205.71%
10,700
|
$724,497,000 | 0.50% |
| Tesla Motors Inc |
113.25%
3,220
|
$637,174,000 | 0.44% |
| Pimco Active Bond Exchange-traded Fund |
15.43%
6,850
|
$623,898,000 | 0.43% |
| Vanguard Consumer Staples Etf |
38.99%
3,030
|
$615,181,000 | 0.42% |
| Alpha Architect 1-3 Month Box Etf |
Opened
5,000
|
$539,075,000 | 0.37% |
| American Airls Group Inc Com |
126.92%
44,250
|
$501,353,000 | 0.34% |
| Autozone Inc. |
263.04%
167
|
$495,005,000 | 0.34% |
| Berkshire Hathaway Inc Del Cl B New |
76.00%
1,100
|
$447,480,000 | 0.31% |
| Ishares U.s. Aerospace & Defense Etf |
Opened
3,200
|
$422,560,000 | 0.29% |
| Ishares Semiconductor Etf |
Opened
1,711
|
$421,984,000 | 0.29% |
| Spdr S&p 500 Etf |
No change
742
|
$403,632,000 | 0.28% |
| Palantir Technologies Inc. |
181.82%
15,500
|
$392,615,000 | 0.27% |
| Spdr Gold Etf |
22.12%
1,810
|
$389,168,000 | 0.27% |
| Procter And Gamble Co Com |
42.05%
2,150
|
$354,578,000 | 0.24% |
| Vanguard Total Stock Market Etf |
No change
1,282
|
$342,948,000 | 0.23% |
| Home Depot, Inc. |
26.67%
950
|
$327,028,000 | 0.22% |
| Atlas Energy Solutions Inc Com New |
52.38%
16,000
|
$318,880,000 | 0.22% |
| Joint Corp Com |
238.46%
22,000
|
$309,320,000 | 0.21% |
| Lululemon Athletica inc. |
Closed
600
|
$306,774,000 | |
| Global X U.s. Infrastructure Development Etf |
No change
8,158
|
$302,009,000 | 0.21% |
| Trump Media & Technology Group Com |
Opened
8,500
|
$278,375,000 | 0.19% |
| Jpmorgan Chase & Co. Com |
15.38%
1,375
|
$278,108,000 | 0.19% |
| Ishares Russell 1000 Growth Etf |
No change
725
|
$264,270,000 | 0.18% |
| Ishares Core S&p Small Cap Etf |
19.92%
2,292
|
$244,465,000 | 0.17% |
| Ishares Bitcoin Trust Registered |
Opened
7,085
|
$241,882,000 | 0.17% |
| Blackstone Inc |
30.36%
1,950
|
$241,410,000 | 0.16% |
| Dutch Bros Inc. |
Opened
5,750
|
$238,050,000 | 0.16% |
| Zoom Video Communications Inc |
Closed
2,932
|
$210,840,000 | |
| Ark 21shares Bitcoin Etf Ben Of Int |
Opened
3,018
|
$181,003,000 | 0.12% |
| Ishares Core Msci Emerging Markets Etf |
Closed
3,500
|
$177,030,000 | |
| Independence Rlty Tr Inc Com |
No change
8,759
|
$164,144,000 | 0.11% |
| Ge Aerospace Com New |
20.00%
1,000
|
$158,970,000 | 0.11% |
| Applied Matls Inc Com |
13.21%
657
|
$154,950,000 | 0.11% |
| Enterprise Prods Partners L P |
No change
5,290
|
$153,304,000 | 0.10% |
| The Trade Desk Inc Com Cl A |
No change
1,500
|
$146,505,000 | 0.10% |
| Ishares Core Msci Eafe Etf |
60.00%
2,000
|
$145,280,000 | 0.10% |
| Ishares Russell 1000 Value Etf |
43.05%
828
|
$144,461,000 | 0.10% |
| iShares Nasdaq Biotechnology ETF |
29.38%
1,000
|
$137,260,000 | 0.09% |
| Dimensional U.s. Core Equity 2 Etf |
No change
4,000
|
$128,960,000 | 0.09% |
| Ishares U.s. Industrials Etf |
100.00%
1,000
|
$119,440,000 | 0.08% |
| Kellanova Com |
166.67%
2,000
|
$115,360,000 | 0.08% |
| Boeing Co Com |
50.00%
600
|
$109,206,000 | 0.07% |
| Fedex Corp |
12.50%
350
|
$104,944,000 | 0.07% |
| Fidelity Wise Origin Bitcoin Fund |
Opened
1,995
|
$104,658,000 | 0.07% |
| Ge Healthcare Technologies Inc Common Stock |
95.20%
1,300
|
$101,296,000 | 0.07% |
| Spdr Euro Stoxx 50 Etf |
No change
2,000
|
$100,060,000 | 0.07% |
| Vanguard Dividend Appreciation Etf |
No change
517
|
$94,437,000 | 0.06% |
| Alphabet Inc Cap Stk Cl C |
100.00%
500
|
$91,710,000 | 0.06% |
| Spdr Series Trust S&p Oil Gas Expl & Prodtn Etf |
No change
616
|
$89,610,000 | 0.06% |
| Ark Autonomous Technology & Robotics Etf |
No change
1,537
|
$84,673,000 | 0.06% |
| Align Technology, Inc. |
Closed
300
|
$82,200,000 | |
| First Trust NASDAQ-100-Technology Sector Index Fund |
2.36%
414
|
$81,748,000 | 0.06% |
| Dimensional Us Large Cap Value Etf |
No change
2,794
|
$80,775,000 | 0.06% |
| Bigcommerce Hldgs Inc Com Ser 1 |
No change
10,000
|
$80,600,000 | 0.06% |
| Halliburton Co Com |
Closed
2,100
|
$75,915,000 | |
| Ishares Gold Trust Etf |
No change
1,608
|
$70,639,000 | 0.05% |
| Ishares Silver Trust Etf |
No change
2,628
|
$69,826,000 | 0.05% |
| EOG Resources, Inc. |
No change
550
|
$69,229,000 | 0.05% |
| Hess Corp Com |
No change
450
|
$66,384,000 | 0.05% |
| Costco Wholesale Corp |
No change
78
|
$66,299,000 | 0.05% |
| Ishares S&p 500 Value Etf |
24.83%
362
|
$65,888,000 | 0.05% |
| Trane Technologies Plc Shs |
No change
200
|
$65,786,000 | 0.04% |
| Vaneck Gold Miners Etf |
No change
1,935
|
$65,655,000 | 0.04% |
| Ge Vernova Inc Com |
Opened
375
|
$64,316,000 | 0.04% |
| Pioneer Nat Res Co Com |
Closed
280
|
$62,966,000 | |
| ServiceNow Inc |
No change
80
|
$62,934,000 | 0.04% |
| Amplify Online Retail ETF |
77.09%
1,040
|
$57,250,000 | 0.04% |
| Ark Genomic Revolution Etf |
Closed
1,692
|
$55,515,000 | |
| Microstrategy Inc. |
Opened
40
|
$55,099,000 | 0.04% |
| Dimensional Emerging Markets Value Etf |
50.00%
2,000
|
$55,000,000 | 0.04% |
| Dow Inc |
No change
1,000
|
$53,050,000 | 0.04% |
| Dimensional International Core Equity 2 Etf |
66.67%
2,000
|
$52,580,000 | 0.04% |
| Netflix Inc. |
2.67%
77
|
$51,966,000 | 0.04% |
| Vanguard Growth Etf |
No change
133
|
$49,743,000 | 0.03% |
| Invesco S&p 500 Low Volatility Etf |
No change
724
|
$47,024,000 | 0.03% |
| Ishares S&p 500 Growth Etf |
56.12%
434
|
$40,162,000 | 0.03% |
| Honeywell International Inc |
Closed
185
|
$38,796,000 | |
| Packaging Corp Amer Com |
No change
190
|
$34,686,000 | 0.02% |
| Grayscale Bitcoin Trust |
Opened
625
|
$33,275,000 | 0.02% |
| Disney Walt Co Com |
22.36%
316
|
$31,376,000 | 0.02% |
| Microsoft Corporation |
3.03%
68
|
$30,393,000 | 0.02% |
| Ark Innovation Etf |
No change
676
|
$29,710,000 | 0.02% |
| Gabelli Divid & Income Tr Com |
No change
1,300
|
$29,523,000 | 0.02% |
| Direxion Daily S&p Oil & Gas Exp. & Prod. Bull 2x Shares |
No change
800
|
$28,360,000 | 0.02% |
| Novo-nordisk A S Adr |
Closed
260
|
$26,897,000 | |
| Biogen Idec Inc |
No change
110
|
$25,500,000 | 0.02% |
| Global X Robotics & Artificial Intelligence ETF |
Opened
815
|
$25,143,000 | 0.02% |
| Eli Lilly & Co Com |
Closed
43
|
$25,066,000 | |
| Ternium Sa Sponsored Ads |
No change
650
|
$24,408,000 | 0.02% |
| Thermo Fisher Scientific Inc. |
Closed
44
|
$23,355,000 | |
| Dropbox Inc |
No change
1,000
|
$22,470,000 | 0.02% |
| Huntington Bancshares, Inc. |
No change
1,700
|
$22,406,000 | 0.02% |
| Ark Next Generation Internet Etf |
No change
286
|
$22,317,000 | 0.02% |
| Newmont Corp Com |
No change
450
|
$18,842,000 | 0.01% |
| Intl Business Machines |
No change
100
|
$17,295,000 | 0.01% |
| Kennametal Inc. |
No change
700
|
$16,478,000 | 0.01% |
| iShares Global Clean Energy ETF |
No change
1,200
|
$15,984,000 | 0.01% |
| Invesco Ltd Shs |
No change
1,050
|
$15,708,000 | 0.01% |
| Royal Dutch Shell Plc-adr |
Opened
173
|
$12,487,000 | 0.01% |
| Ark Fintech Innovation Etf |
No change
430
|
$11,980,000 | 0.01% |
| Targa Res Corp Com |
Opened
62
|
$7,984,000 | 0.01% |
| Southwest Airls Co Com |
15.00%
276
|
$7,896,000 | 0.01% |
| Diamondback Energy Inc |
No change
35
|
$7,007,000 | 0.00% |
| Sirius Xm Radio Inc |
No change
2,034
|
$5,756,000 | 0.00% |
| Dimensional Us Small Cap Value Etf |
62.07%
94
|
$2,697,000 | 0.00% |
| Pimco 25 Year Zero Coupon Us Treasury Index Etf |
Closed
23
|
$1,954,000 | |
| Vaneck Junior Gold Miners Etf |
No change
39
|
$1,663,000 | 0.00% |
| Peloton Interactive Inc |
No change
100
|
$338,000 | 0.00% |
| Pacer Lunt Large Cap Alternator Etf |
96.43%
1
|
$32,000 | 0.00% |
| AT&T Inc. |
No change
0
|
$0 | |
| Chevron Corp New Com |
No change
0
|
$0 | |
| Discovery Hldg Co |
No change
0
|
$0 | |
| No transactions found | |||
| Showing first 500 out of 135 holdings | |||
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