Angeles Investment Advisors 13F annual report

Angeles Investment Advisors is an investment fund managing more than $1.96 trillion ran by Stephen Smetana. There are currently 189 companies in Mr. Smetana’s portfolio. The largest investments include Vanguard Index Fds and Vanguard World Fd, together worth $1.03 trillion.

Limited to 30 biggest holdings

$1.96 trillion Assets Under Management (AUM)

As of 2nd August 2024, Angeles Investment Advisors’s top holding is 1,552,397 shares of Vanguard Index Fds currently worth over $699 billion and making up 35.6% of the portfolio value. In addition, the fund holds 1,443,430 shares of Vanguard World Fd worth $328 billion. The third-largest holding is Spdr Ser Tr worth $265 billion and the next is Vanguard Scottsdale Fds worth $76.8 billion, with 1,012,000 shares owned.

Currently, Angeles Investment Advisors's portfolio is worth at least $1.96 trillion. 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 Angeles Investment Advisors

The Angeles Investment Advisors office and employees reside in Santa Monica, California. According to the last 13-F report filed with the SEC, Stephen Smetana serves as the Chief Compliance Officer and Chief Operating Officer at Angeles Investment Advisors.

Recent trades

In the most recent 13F filing, Angeles Investment Advisors revealed that it had opened a new position in Vanguard Intl Equity Index F and bought 382,399 shares worth $25 billion.

The investment fund also strengthened its position in Vanguard World Fd by buying 392,235 additional shares. This makes their stake in Vanguard World Fd total 1,443,430 shares worth $328 billion.

On the other hand, there are companies that Angeles Investment Advisors is getting rid of from its portfolio. Angeles Investment Advisors closed its position in Ishares Tr on 9th August 2024. It sold the previously owned 586,500 shares for $54.6 billion. Stephen Smetana also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%. This leaves the value of the investment at $699 billion and 1,552,397 shares.

One of the largest hedge funds

The two most similar investment funds to Angeles Investment Advisors are Bogart Wealth and Motley Fool Wealth Management. They manage $1.96 trillion and $1.96 trillion respectively.


Stephen Smetana investment strategy

Angeles Investment Advisors’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 1.7% of the total portfolio value. The fund focuses on investments in the United States as 52.9% 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 60% of the total holdings value. On the other hand, small-cap stocks make up only 0.5% of the portfolio. The average market cap of the portfolio companies is close to $159 billion.

The complete list of Angeles Investment Advisors trades based on 13F SEC filings

These positions were updated on August 9th 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
8.87%
1,552,397
$698,676,029,000 35.58%
Vanguard World Fd
37.31%
1,443,430
$327,645,202,000 16.69%
Spdr Ser Tr
No change
8,047,760
$265,193,667,000 13.51%
Vanguard Scottsdale Fds
37.87%
1,012,000
$76,770,320,000 3.91%
Tcw Etf Trust
2.88%
1,080,609
$68,705,138,000 3.50%
Vanguard Star Fds
11.11%
1,108,794
$66,860,279,000 3.41%
Invesco Exch Traded Fd Tr Ii
76.95%
2,720,390
$57,237,006,000 2.91%
Schwab Strategic Tr
28.52%
554,000
$55,865,360,000 2.85%
Ishares Inc
61.82%
776,800
$52,835,254,000 2.69%
Ishares Tr
24.33%
2,245,971
$88,310,177,000 4.50%
Ishares Tr
Closed
586,500
$54,554,310,000
Select Sector Spdr Tr
No change
270,800
$24,683,420,000 1.26%
Vanguard Intl Equity Index F
Opened
382,399
$24,972,632,000 1.27%
Vanguard Whitehall Fds
No change
130,200
$15,441,720,000 0.79%
Ishares Tr
Opened
295,317
$12,453,651,000 0.63%
Knife River Corp
No change
106,853
$7,494,669,000 0.38%
Microsoft Corporation
25.05%
14,897
$6,658,214,000 0.34%
Mdu Res Group Inc
No change
258,331
$6,484,108,000 0.33%
NVIDIA Corp
1,526.79%
45,306
$5,597,103,000 0.29%
Apple Inc
78.88%
22,011
$4,635,957,000 0.24%
Vanguard Tax-managed Fds
16.36%
91,795
$4,536,509,000 0.23%
Amazon.com Inc.
31.27%
22,426
$4,333,825,000 0.22%
Meta Platforms Inc
31.49%
4,819
$2,429,836,000 0.12%
Invesco Mun Opportunity Tr
Opened
46,900
$2,052,344,000 0.10%
Alphabet Inc
34.32%
10,938
$1,992,357,000 0.10%
Taiwan Semiconductor Mfg Ltd
37.80%
9,518
$1,655,663,000 0.08%
Qualcomm, Inc.
10.72%
7,881
$1,569,738,000 0.08%
Procter And Gamble Co
18.05%
8,777
$1,447,503,000 0.07%
Adobe Inc
62.03%
2,526
$1,403,294,000 0.07%
ServiceNow Inc
15.13%
1,613
$1,268,899,000 0.06%
Asml Holding N V
24.59%
1,211
$1,238,730,000 0.06%
Coca-Cola Co
2.96%
18,913
$1,207,450,000 0.06%
Spdr S&p 500 Etf Tr
5.63%
2,140
$1,168,395,000 0.06%
JPMorgan Chase & Co.
23.12%
5,341
$1,080,271,000 0.06%
Chevron Corp.
11.94%
6,769
$1,058,807,000 0.05%
Broadcom Inc
32.52%
633
$1,016,300,000 0.05%
Medtronic Plc
4.84%
12,786
$1,012,599,000 0.05%
Eli Lilly & Co
61.46%
1,085
$982,337,000 0.05%
Visa Inc
19.25%
3,528
$925,994,000 0.05%
Parker-Hannifin Corp.
No change
1,713
$866,453,000 0.04%
Johnson & Johnson
2.17%
5,797
$847,290,000 0.04%
Ameriprise Finl Inc
7.21%
1,942
$829,603,000 0.04%
Us Bancorp Del
4.60%
19,576
$786,516,000 0.04%
Martin Marietta Matls Inc
No change
1,407
$762,313,000 0.04%
Lennar Corp.
8.37%
5,178
$774,419,000 0.04%
Netflix Inc.
19.33%
1,099
$741,693,000 0.04%
AMGEN Inc.
10.00%
2,332
$728,633,000 0.04%
Alphabet Inc
Opened
3,943
$723,225,000 0.04%
Lam Research Corp.
23.47%
675
$719,772,000 0.04%
TotalEnergies SE
13.98%
10,654
$716,723,000 0.04%
Salesforce Inc
8.24%
2,773
$712,938,000 0.04%
Autodesk Inc.
24.87%
2,792
$690,880,000 0.04%
Nu Hldgs Ltd
0.70%
52,549
$677,357,000 0.03%
Dexcom Inc
1.59%
5,940
$673,477,000 0.03%
Diageo plc
50.21%
5,304
$668,728,000 0.03%
Ansys Inc.
1.57%
2,067
$664,541,000 0.03%
Ecolab, Inc.
7.15%
2,777
$662,214,000 0.03%
Corteva Inc
0.65%
12,267
$661,682,000 0.03%
Shopify Inc
34.73%
9,989
$659,773,000 0.03%
Walmart Inc
9.55%
9,725
$658,480,000 0.03%
Sony Group Corp
23.33%
7,686
$652,926,000 0.03%
Datadog Inc
7.86%
4,951
$642,095,000 0.03%
Ingersoll Rand Inc.
12.22%
7,016
$637,333,000 0.03%
Newmont Corp
4.63%
15,202
$636,508,000 0.03%
Microchip Technology, Inc.
0.06%
6,956
$636,474,000 0.03%
Eaton Corp Plc
26.95%
2,014
$631,490,000 0.03%
Lowes Cos Inc
18.69%
2,846
$627,429,000 0.03%
Verizon Communications Inc
15.37%
14,917
$615,177,000 0.03%
Honeywell International Inc
22.48%
2,856
$609,870,000 0.03%
Capital One Finl Corp
2.33%
4,311
$596,858,000 0.03%
Sap SE
19.52%
2,958
$596,658,000 0.03%
Air Prods & Chems Inc
3.79%
2,299
$593,257,000 0.03%
Tesla Inc
105.83%
2,968
$587,308,000 0.03%
Xylem Inc
No change
4,330
$587,278,000 0.03%
Firstenergy Corp.
15.12%
15,069
$576,691,000 0.03%
Unitedhealth Group Inc
28.49%
1,117
$568,843,000 0.03%
Emerson Elec Co
1.85%
5,099
$561,706,000 0.03%
Atlassian Corporation
19.94%
3,164
$559,648,000 0.03%
Blackstone Inc
7.36%
4,468
$553,138,000 0.03%
Novo-nordisk A S
104.42%
3,839
$547,979,000 0.03%
Kinder Morgan Inc
1.35%
27,485
$546,127,000 0.03%
Sanofi
8.09%
11,113
$539,203,000 0.03%
Schwab Charles Corp
11.74%
7,230
$532,779,000 0.03%
The Southern Co.
No change
6,855
$531,742,000 0.03%
Carrier Global Corporation
4.03%
8,127
$514,067,000 0.03%
General Dynamics Corp.
No change
1,764
$511,807,000 0.03%
Baker Hughes Company
3.84%
14,462
$508,629,000 0.03%
Merck & Co Inc
10.82%
4,098
$507,332,000 0.03%
Alcon Ag
0.96%
5,665
$504,638,000 0.03%
Pnc Finl Svcs Group Inc
20.30%
3,220
$500,646,000 0.03%
American Wtr Wks Co Inc New
Opened
3,860
$498,558,000 0.03%
Mastercard Incorporated
76.06%
1,125
$496,305,000 0.03%
Abbott Labs
Closed
4,351
$494,535,000
Atmos Energy Corp.
No change
4,200
$489,930,000 0.02%
Goldman Sachs Group, Inc.
No change
1,083
$489,863,000 0.02%
Cisco Sys Inc
21.46%
10,309
$489,781,000 0.02%
Block Inc
2.44%
7,377
$475,743,000 0.02%
Pfizer Inc.
17.81%
16,847
$471,379,000 0.02%
Bank America Corp
33.61%
11,768
$468,013,000 0.02%
Coterra Energy Inc
No change
17,529
$467,498,000 0.02%
Intuit Inc
81.12%
710
$466,619,000 0.02%
Blackrock Inc.
No change
590
$464,519,000 0.02%
Okta Inc
4.16%
4,929
$461,404,000 0.02%
Berkshire Hathaway Inc.
16.51%
1,123
$456,836,000 0.02%
RPM International, Inc.
No change
4,200
$452,256,000 0.02%
Pepsico Inc
Closed
2,561
$448,201,000
Prudential Finl Inc
Opened
3,770
$441,806,000 0.02%
Edwards Lifesciences Corp
8.62%
4,739
$437,741,000 0.02%
Entegris Inc
9.11%
3,103
$420,146,000 0.02%
RTX Corp
25.43%
4,149
$416,518,000 0.02%
Disney Walt Co
36.78%
4,191
$416,124,000 0.02%
Uber Technologies Inc
17.40%
5,721
$415,802,000 0.02%
Constellation Brands Inc
No change
1,613
$414,993,000 0.02%
Schwab Strategic Tr
Opened
8,450
$406,699,000 0.02%
Grocery Outlet Hldg Corp
Opened
18,180
$402,142,000 0.02%
Teledyne Technologies Inc
10.16%
1,035
$401,559,000 0.02%
Canadian Natl Ry Co
20.17%
3,396
$401,176,000 0.02%
Chubb Limited
No change
1,554
$397,741,000 0.02%
Mitsubishi Ufj Finl Group In
No change
36,072
$394,003,000 0.02%
Sysco Corp.
No change
5,510
$393,359,000 0.02%
PayPal Holdings Inc
37.30%
6,777
$393,269,000 0.02%
Stryker Corp.
46.93%
1,149
$390,947,000 0.02%
Methanex Corp.
No change
7,975
$384,874,000 0.02%
Crown Castle Inc
Closed
3,620
$383,105,000
Snowflake Inc.
19.76%
2,819
$380,819,000 0.02%
Accenture Plc Ireland
12.98%
1,247
$378,352,000 0.02%
Bank New York Mellon Corp
Closed
6,554
$377,641,000
Koninklijke Philips N.V.
27.85%
14,806
$373,111,000 0.02%
Advanced Micro Devices Inc.
62.52%
2,259
$366,432,000 0.02%
Equity Lifestyle Pptys Inc
No change
5,579
$366,024,000 0.02%
Xcel Energy Inc.
No change
6,780
$365,832,000 0.02%
Hartford Finl Svcs Group Inc
22.20%
3,606
$362,547,000 0.02%
Bristol-Myers Squibb Co.
Closed
6,659
$361,118,000
Wipro Ltd.
9.35%
58,928
$359,461,000 0.02%
Autozone Inc.
9.02%
121
$358,656,000 0.02%
Imax Corp
No change
21,365
$358,291,000 0.02%
Hologic, Inc.
No change
4,822
$358,034,000 0.02%
Astrazeneca plc
Opened
4,590
$357,974,000 0.02%
Cullen Frost Bankers Inc.
No change
3,500
$355,705,000 0.02%
DoorDash Inc
11.15%
3,250
$353,535,000 0.02%
Oshkosh Corp
No change
3,260
$352,732,000 0.02%
Exxon Mobil Corp.
33.82%
3,008
$346,281,000 0.02%
Wells Fargo Co New
Closed
5,962
$345,558,000
Costar Group, Inc.
Closed
3,568
$344,669,000
Comcast Corp New
Closed
7,946
$344,459,000
HDFC Bank Ltd.
12.77%
5,352
$344,294,000 0.02%
Realty Income Corp.
47.94%
6,434
$339,844,000 0.02%
Applied Matls Inc
Opened
1,430
$337,466,000 0.02%
CVS Health Corp
14.92%
5,664
$334,516,000 0.02%
American Express Co.
Closed
1,453
$330,834,000
Airbnb, Inc.
13.57%
2,176
$329,947,000 0.02%
Intel Corp.
78.31%
10,515
$325,650,000 0.02%
Dr Reddys Labs Ltd
27.14%
4,216
$321,217,000 0.02%
Marriott Intl Inc New
Opened
1,322
$319,620,000 0.02%
Nike, Inc.
Opened
4,207
$318,552,000 0.02%
Moodys Corp
Opened
741
$311,909,000 0.02%
American Elec Pwr Co Inc
3.48%
3,491
$306,300,000 0.02%
Waste Mgmt Inc Del
4.49%
1,419
$302,729,000 0.02%
Ventas Inc
Closed
6,900
$302,386,000
Conocophillips
39.93%
2,639
$301,849,000 0.02%
Danaher Corp.
7.40%
1,202
$300,320,000 0.02%
Embraer S.A.
No change
11,415
$294,507,000 0.01%
Alibaba Group Hldg Ltd
Closed
4,065
$294,143,000
Progressive Corp.
Opened
1,397
$290,171,000 0.01%
Republic Svcs Inc
Closed
1,504
$287,926,000
Abbvie Inc
46.26%
1,644
$281,979,000 0.01%
Texas Instrs Inc
29.23%
1,426
$277,400,000 0.01%
Ultragenyx Pharmaceutical In
49.31%
6,640
$272,904,000 0.01%
Allstate Corp (The)
48.14%
1,700
$272,728,000 0.01%
Home Depot, Inc.
62.88%
774
$266,442,000 0.01%
Illinois Tool Wks Inc
Closed
985
$264,305,000
Novartis AG
32.57%
2,459
$261,785,000 0.01%
Philip Morris International Inc
Closed
2,856
$261,667,000
Commerce Bancshares, Inc.
No change
4,557
$254,189,000 0.01%
Mckesson Corporation
53.84%
433
$252,889,000 0.01%
Tjx Cos Inc New
13.94%
2,272
$250,147,000 0.01%
Quest Diagnostics, Inc.
No change
1,820
$249,122,000 0.01%
Enbridge Inc
Closed
6,869
$248,520,000
Royal Bk Cda
Opened
2,330
$247,865,000 0.01%
Micron Technology Inc.
Closed
2,101
$247,687,000
Northrop Grumman Corp.
Closed
510
$244,117,000
United Parcel Service, Inc.
Closed
1,628
$241,970,000
Colgate-Palmolive Co.
Opened
2,492
$241,824,000 0.01%
Floor & Decor Holdings Inc
No change
2,384
$236,993,000 0.01%
Molina Healthcare Inc
2.09%
795
$236,354,000 0.01%
Citigroup Inc
Closed
3,713
$234,810,000
Caterpillar Inc.
37.73%
703
$234,169,000 0.01%
Freeport-McMoRan Inc
8.79%
4,774
$232,016,000 0.01%
Warner Bros.Discovery Inc
No change
31,116
$231,503,000 0.01%
Cummins Inc.
Opened
834
$230,960,000 0.01%
Gilead Sciences, Inc.
Closed
3,114
$228,101,000
Trane Technologies plc
Closed
757
$227,251,000
Marsh & McLennan Cos., Inc.
Closed
1,100
$226,578,000
CDW Corp
Opened
1,005
$224,959,000 0.01%
Welltower Inc.
Closed
2,394
$223,695,000
Aptargroup Inc.
Opened
1,587
$223,465,000 0.01%
Morgan Stanley
Closed
2,362
$222,406,000
MercadoLibre Inc
14.56%
135
$221,859,000 0.01%
Intuitive Surgical Inc
Opened
497
$221,090,000 0.01%
Vertex Pharmaceuticals, Inc.
Opened
467
$218,892,000 0.01%
Linde Plc.
45.92%
497
$218,089,000 0.01%
CIENA Corp.
No change
4,500
$216,810,000 0.01%
Consolidated Edison, Inc.
Closed
2,386
$216,673,000
NextEra Energy Inc
Closed
3,382
$216,144,000
Altria Group Inc.
33.32%
4,739
$215,861,000 0.01%
Edison Intl
Closed
3,048
$215,585,000
Hsbc Hldgs Plc
Opened
4,950
$215,325,000 0.01%
UBS Group AG
Opened
7,175
$211,950,000 0.01%
Align Technology, Inc.
Closed
638
$209,213,000
JD.com Inc
Closed
7,629
$208,958,000
Toyota Motor Corporation
6.00%
1,019
$208,864,000 0.01%
Valero Energy Corp.
Closed
1,221
$208,412,000
S&P Global Inc
Opened
462
$206,052,000 0.01%
Infosys Ltd
Closed
10,350
$185,576,000
United Microelectronics Corp
14.51%
16,463
$144,216,000 0.01%
Vale S.A.
Closed
10,615
$129,397,000
Mizuho Financial Group, Inc.
38.67%
24,135
$102,091,000 0.01%
Banco Bradesco S.A.
5.94%
33,168
$74,296,000 0.00%
Nokia Corp
39.60%
18,496
$69,915,000 0.00%
Vanguard Intl Equity Index F
96.82%
2,150
$151,694,000 0.01%
Lloyds Banking Group plc
38.65%
15,290
$41,742,000 0.00%
Ambev Sa
25.34%
13,783
$28,255,000 0.00%
No transactions found
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