Parisi Gray Wealth Management 13F annual report
Parisi Gray Wealth Management is an investment fund managing more than $258 billion ran by David Gray. There are currently 97 companies in Mr. Gray’s portfolio. The largest investments include Vanguard Index Fds and Wisdomtree Tr, together worth $72.2 billion.
$258 billion Assets Under Management (AUM)
As of 8th July 2024, Parisi Gray Wealth Management’s top holding is 135,776 shares of Vanguard Index Fds currently worth over $53.3 billion and making up 20.7% of the portfolio value.
In addition, the fund holds 375,890 shares of Wisdomtree Tr worth $18.9 billion.
The third-largest holding is NVIDIA Corp worth $15.5 billion and the next is Ishares Tr worth $27.6 billion, with 191,822 shares owned.
Currently, Parisi Gray Wealth Management's portfolio is worth at least $258 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 Parisi Gray Wealth Management
The Parisi Gray Wealth Management office and employees reside in Bedminster, New Jersey. According to the last 13-F report filed with the SEC, David Gray serves as the Chief Compliance Officer at Parisi Gray Wealth Management.
Recent trades
In the most recent 13F filing, Parisi Gray Wealth Management revealed that it had opened a new position in
Labcorp and bought 2,402 shares worth $489 million.
This means they effectively own approximately 0.1% of the company.
Labcorp makes up
4.8%
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 Vanguard Index Fds by buying
443 additional shares.
This makes their stake in Vanguard Index Fds total 135,776 shares worth $53.3 billion.
On the other hand, there are companies that Parisi Gray Wealth Management is getting rid of from its portfolio.
Parisi Gray Wealth Management closed its position in Laboratory Corp Amer Hldgs on 15th July 2024.
It sold the previously owned 2,402 shares for $525 million.
David Gray also disclosed a decreased stake in Wisdomtree Tr by approximately 0.1%.
This leaves the value of the investment at $18.9 billion and 375,890 shares.
One of the smaller hedge funds
The two most similar investment funds to Parisi Gray Wealth Management are Jeppson Wealth Management and Cabot-wellington. They manage $258 billion and $258 billion respectively.
David Gray investment strategy
Parisi Gray Wealth Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 21.2% of
the total portfolio value.
The fund focuses on investments in the United States as
58.8% 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
54% of the total holdings value.
On the other hand, small-cap stocks make up only 2.1% of the portfolio.
The average market cap of the portfolio companies is close to $233 billion.
The complete list of Parisi Gray Wealth Management trades based on 13F SEC filings
These positions were updated on July 15th 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 |
0.33%
135,776
|
$53,338,962,000 | 20.69% |
| Wisdomtree Tr |
6.11%
375,890
|
$18,911,007,000 | 7.34% |
| NVIDIA Corp |
904.63%
125,318
|
$15,481,847,000 | 6.01% |
| Ishares Tr |
1.87%
191,822
|
$27,596,681,000 | 10.71% |
| Apple Inc |
1.55%
53,505
|
$11,269,220,000 | 4.37% |
| Microsoft Corporation |
1.33%
24,464
|
$10,934,094,000 | 4.24% |
| Mastercard Incorporated |
2.06%
14,800
|
$6,529,141,000 | 2.53% |
| Alphabet Inc |
2.68%
50,396
|
$9,199,199,000 | 3.57% |
| Jpmorgan Chase Co. |
0.26%
26,369
|
$5,333,407,000 | 2.07% |
| Eli Lilly Co |
1.27%
5,568
|
$5,041,214,000 | 1.96% |
| Costco Whsl Corp New |
1.60%
5,853
|
$4,974,672,000 | 1.93% |
| Meta Platforms Inc |
0.95%
8,888
|
$4,481,475,000 | 1.74% |
| Berkshire Hathaway Inc. |
1.03%
10,411
|
$4,847,029,000 | 1.88% |
| Home Depot, Inc. |
1.25%
12,082
|
$4,159,274,000 | 1.61% |
| Amazon.com Inc. |
1.16%
20,407
|
$3,943,653,000 | 1.53% |
| Danaher Corp. |
1.81%
15,602
|
$3,898,103,000 | 1.51% |
| Unitedhealth Group Inc |
0.63%
6,726
|
$3,425,090,000 | 1.33% |
| Spdr Sp 500 Etf Tr |
4.85%
5,706
|
$3,105,127,000 | 1.20% |
| Palantir Technologies Inc. |
5.20%
103,973
|
$2,633,636,000 | 1.02% |
| Qualcomm, Inc. |
0.91%
12,095
|
$2,409,026,000 | 0.93% |
| Lowes Cos Inc |
0.03%
10,544
|
$2,324,460,000 | 0.90% |
| Goldman Sachs Group, Inc. |
1.32%
4,705
|
$2,128,283,000 | 0.83% |
| Honeywell International Inc |
2.38%
9,923
|
$2,118,943,000 | 0.82% |
| Tesla Inc |
3.10%
10,377
|
$2,053,401,000 | 0.80% |
| Oracle Corp. |
2.24%
12,656
|
$1,787,065,000 | 0.69% |
| Invesco Exchange Traded Fd T |
0.39%
10,513
|
$1,727,095,000 | 0.67% |
| Illinois Tool Wks Inc |
3.06%
6,567
|
$1,556,178,000 | 0.60% |
| Johnson Johnson |
22.05%
10,268
|
$1,500,749,000 | 0.58% |
| International Business Machs |
0.09%
8,644
|
$1,494,996,000 | 0.58% |
| Broadcom Inc. |
12.27%
924
|
$1,484,137,000 | 0.58% |
| American Express Co. |
0.73%
6,351
|
$1,470,573,000 | 0.57% |
| Public Svc Enterprise Grp In |
0.45%
18,024
|
$1,328,381,000 | 0.52% |
| Booking Holdings Inc |
No change
328
|
$1,299,553,000 | 0.50% |
| Pimco Dynamic Income Fd |
No change
69,000
|
$1,297,890,000 | 0.50% |
| AMGEN Inc. |
2.02%
4,025
|
$1,257,480,000 | 0.49% |
| Select Sector Spdr Tr |
0.08%
6,292
|
$1,367,944,000 | 0.53% |
| Crowdstrike Holdings Inc |
3.71%
2,963
|
$1,135,392,000 | 0.44% |
| Comcast Corp New |
3.33%
28,563
|
$1,118,541,000 | 0.43% |
| Cisco Sys Inc |
10.16%
23,035
|
$1,094,375,000 | 0.42% |
| Lam Research Corp. |
32.53%
990
|
$1,053,706,000 | 0.41% |
| Visa Inc |
2.22%
4,001
|
$1,050,015,000 | 0.41% |
| Ross Stores, Inc. |
5.91%
6,962
|
$1,011,762,000 | 0.39% |
| GE Aerospace |
2.53%
5,677
|
$902,524,000 | 0.35% |
| Markel Group Inc |
5.34%
572
|
$901,278,000 | 0.35% |
| F.N.B. Corp. |
No change
65,656
|
$898,174,000 | 0.35% |
| Bank America Corp |
0.27%
21,504
|
$855,198,000 | 0.33% |
| Guggenheim Strategic Opportu |
No change
56,181
|
$837,659,000 | 0.32% |
| M T Bk Corp |
No change
5,324
|
$805,841,000 | 0.31% |
| Fifth Third Bancorp |
No change
21,050
|
$768,114,000 | 0.30% |
| Procter And Gamble Co |
2.18%
3,893
|
$642,038,000 | 0.25% |
| Disney Walt Co |
6.48%
6,266
|
$622,141,000 | 0.24% |
| Abbvie Inc |
8.31%
3,622
|
$621,279,000 | 0.24% |
| Merck Co Inc |
0.46%
4,995
|
$618,402,000 | 0.24% |
| Eagle Point Credit Company I |
3.23%
60,000
|
$603,000,000 | 0.23% |
| Palo Alto Networks Inc |
7.75%
1,725
|
$584,792,000 | 0.23% |
| Taiwan Semiconductor Mfg Ltd |
17.96%
3,317
|
$576,567,000 | 0.22% |
| Advanced Micro Devices Inc. |
12.85%
3,503
|
$568,222,000 | 0.22% |
| Conocophillips |
9.19%
4,933
|
$564,237,000 | 0.22% |
| Blackrock Inc. |
0.74%
683
|
$537,663,000 | 0.21% |
| Laboratory Corp Amer Hldgs |
Closed
2,402
|
$524,741,000 | |
| Boeing Co. |
7.70%
2,852
|
$519,093,000 | 0.20% |
| Labcorp Holdings Inc. |
Opened
2,402
|
$488,831,000 | 0.19% |
| Novo-nordisk A S |
21.30%
3,337
|
$476,263,000 | 0.18% |
| Northrop Grumman Corp. |
7.03%
1,020
|
$444,642,000 | 0.17% |
| Agnc Invt Corp |
4.17%
46,000
|
$438,840,000 | 0.17% |
| Ferrari N.V. |
17.16%
1,072
|
$437,519,000 | 0.17% |
| Trade Desk Inc |
5.33%
4,324
|
$422,325,000 | 0.16% |
| Exxon Mobil Corp. |
33.66%
3,522
|
$405,421,000 | 0.16% |
| Chevron Corp. |
4.44%
2,589
|
$404,895,000 | 0.16% |
| Coca-Cola Co |
4.79%
6,299
|
$400,953,000 | 0.16% |
| Super Micro Computer Inc |
9.58%
469
|
$384,275,000 | 0.15% |
| Marriott Intl Inc New |
No change
1,488
|
$359,819,000 | 0.14% |
| Nike, Inc. |
63.72%
4,655
|
$350,855,000 | 0.14% |
| Valero Energy Corp. |
20.93%
2,202
|
$345,116,000 | 0.13% |
| Kinsale Cap Group Inc |
22.13%
894
|
$344,473,000 | 0.13% |
| Vanguard World Fd |
No change
563
|
$324,806,000 | 0.13% |
| Snowflake Inc. |
12.68%
2,372
|
$320,433,000 | 0.12% |
| Salesforce Inc |
11.87%
1,206
|
$310,161,000 | 0.12% |
| ARMOUR Residential REIT, Inc. |
5.96%
16,000
|
$310,080,000 | 0.12% |
| Spdr Dow Jones Indl Average |
2.29%
767
|
$300,059,000 | 0.12% |
| Ishares Inc |
No change
2,711
|
$283,679,000 | 0.11% |
| Marvell Technology Inc |
10.97%
3,995
|
$279,276,000 | 0.11% |
| Caterpillar Inc. |
No change
771
|
$256,748,000 | 0.10% |
| Intel Corp. |
5.54%
8,220
|
$254,573,000 | 0.10% |
| Dell Technologies Inc |
Opened
1,844
|
$254,347,000 | 0.10% |
| RPM International, Inc. |
Closed
2,095
|
$249,194,000 | |
| Ge Vernova Inc |
Opened
1,441
|
$247,146,000 | 0.10% |
| Adobe Inc |
6.04%
439
|
$243,882,000 | 0.09% |
| Asml Holding N V |
Opened
234
|
$238,839,000 | 0.09% |
| ServiceNow Inc |
Opened
293
|
$230,494,000 | 0.09% |
| Mckesson Corporation |
24.23%
394
|
$230,318,000 | 0.09% |
| Pepsico Inc |
1.18%
1,370
|
$225,885,000 | 0.09% |
| Arm Holdings Plc |
Opened
1,259
|
$205,998,000 | 0.08% |
| Travelers Companies Inc. |
Closed
889
|
$204,627,000 | |
| Arista Networks Inc |
Opened
575
|
$201,526,000 | 0.08% |
| Pfizer Inc. |
7.57%
7,156
|
$200,220,000 | 0.08% |
| Pimco Dynamic Income Oprnts |
2.96%
12,649
|
$168,099,000 | 0.07% |
| Royce Small Cap Trust Inc. |
1.97%
11,329
|
$163,931,000 | 0.06% |
| Eaton Vance Tax-managed Glob |
No change
15,962
|
$134,879,000 | 0.05% |
| Globalstar Inc. |
No change
50,000
|
$56,000,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 100 holdings | |||
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