Emerson Wealth 13F annual report
Emerson Wealth is an investment fund managing more than $153 million ran by Michael Emerson. There are currently 37 companies in Mr. Emerson’s portfolio. The largest investments include Ishares Tr and Vanguard Index Fds, together worth $140 million.
$153 million Assets Under Management (AUM)
As of 27th July 2022, Emerson Wealth’s top holding is 1,018,943 shares of Ishares Tr currently worth over $106 million and making up 69.1% of the portfolio value.
In addition, the fund holds 196,433 shares of Vanguard Index Fds worth $34.3 million.
The third-largest holding is Spdr Index Shs Fds worth $6.65 million and the next is Spdr S&p 500 Etf Tr worth $4.1 million, with 10,868 shares owned.
Currently, Emerson Wealth's portfolio is worth at least $153 million. 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 Emerson Wealth
The Emerson Wealth office and employees reside in Bloomfield Hills, Michigan. According to the last 13-F report filed with the SEC, Michael Emerson serves as the Owner/President/Chief Compliance Officer at Emerson Wealth.
Recent trades
In the most recent 13F filing, Emerson Wealth revealed that it had opened a new position in
Ishares Tr and bought 3,992 shares worth $267 thousand.
The investment fund also strengthened its position in Ishares Tr by buying
13,573 additional shares.
This makes their stake in Ishares Tr total 1,018,943 shares worth $106 million.
On the other hand, there are companies that Emerson Wealth is getting rid of from its portfolio.
Emerson Wealth closed its position in NVIDIA Corp on 3rd August 2022.
It sold the previously owned 100 shares for $27 thousand.
Michael Emerson also disclosed a decreased stake in Spdr S&p 500 Etf Tr by approximately 0.1%.
This leaves the value of the investment at $4.1 million and 10,868 shares.
One of the smallest hedge funds
The two most similar investment funds to Emerson Wealth are Loveless Wealth Management and Asset Planning Services Inc la adv. They manage $153 million and $153 million respectively.
Michael Emerson investment strategy
Emerson Wealth’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Health Care — making up 0.3% of
the total portfolio value.
The fund focuses on investments in the United States as
64.9% 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
59% of the total holdings value.
On the other hand, small-cap stocks make up only 2.7% of the portfolio.
The average market cap of the portfolio companies is close to $293 billion.
The complete list of Emerson Wealth trades based on 13F SEC filings
These positions were updated on August 3rd 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 Tr |
1.35%
1,018,943
|
$105,552,000 | 69.12% |
| Vanguard Index Fds |
1.16%
196,433
|
$34,286,000 | 22.45% |
| Spdr Index Shs Fds |
1.68%
150,679
|
$6,651,000 | 4.36% |
| Spdr S&p 500 Etf Tr |
0.43%
10,868
|
$4,100,000 | 2.68% |
| Ishares Tr |
Opened
3,992
|
$267,000 | 0.17% |
| Home Depot, Inc. |
0.65%
933
|
$256,000 | 0.17% |
| Invesco Exchange Traded Fd T |
No change
1,774
|
$238,000 | 0.16% |
| Ishares Inc |
5.32%
3,126
|
$153,000 | 0.10% |
| CVS Health Corp |
No change
1,291
|
$120,000 | 0.08% |
| Berkshire Hathaway Inc. |
116.85%
399
|
$109,000 | 0.07% |
| Northrop Grumman Corp. |
No change
225
|
$108,000 | 0.07% |
| Edwards Lifesciences Corp |
No change
1,044
|
$99,000 | 0.06% |
| Abbvie Inc |
No change
600
|
$92,000 | 0.06% |
| Baxter International Inc. |
0.39%
1,287
|
$83,000 | 0.05% |
| Apple Inc |
26.96%
518
|
$71,000 | 0.05% |
| Exxon Mobil Corp. |
No change
721
|
$62,000 | 0.04% |
| Vanguard Intl Equity Index F |
43.06%
2,310
|
$106,000 | 0.07% |
| Lilly Eli & Co |
No change
141
|
$46,000 | 0.03% |
| CSX Corp. |
No change
1,457
|
$42,000 | 0.03% |
| Hormel Foods Corp. |
No change
800
|
$38,000 | 0.02% |
| NextEra Energy Inc |
No change
400
|
$31,000 | 0.02% |
| Comcast Corp New |
No change
733
|
$29,000 | 0.02% |
| Alcoa Corp |
Opened
646
|
$29,000 | 0.02% |
| NVIDIA Corp |
Closed
100
|
$27,000 | |
| Fidelity Natl Information Sv |
Closed
224
|
$22,000 | |
| Bristol-Myers Squibb Co. |
No change
267
|
$21,000 | 0.01% |
| Johnson & Johnson |
No change
101
|
$18,000 | 0.01% |
| Intel Corp. |
No change
365
|
$14,000 | 0.01% |
| Boeing Co. |
No change
100
|
$14,000 | 0.01% |
| Takeda Pharmaceutical Co |
No change
952
|
$13,000 | 0.01% |
| JPMorgan Chase & Co. |
No change
102
|
$11,000 | 0.01% |
| Dow Inc |
1.04%
194
|
$10,000 | 0.01% |
| Nucor Corp. |
Opened
92
|
$10,000 | 0.01% |
| DuPont de Nemours Inc |
0.58%
172
|
$10,000 | 0.01% |
| Ford Mtr Co Del |
No change
837
|
$9,000 | 0.01% |
| Microsoft Corporation |
Opened
18
|
$5,000 | 0.00% |
| Gentex Corp. |
No change
165
|
$5,000 | 0.00% |
| United Parcel Service, Inc. |
35.71%
19
|
$3,000 | 0.00% |
| Fortune Brands Home & Sec In |
No change
30
|
$2,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 39 holdings | |||
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