Adero Partners is an investment fund managing more than $1.37 trillion ran by Susan Brodnick. There are currently 161 companies in Mrs. Brodnick’s portfolio. The largest investments include Dimensional Etf Trust and American Centy Etf Tr, together worth $862 billion.
As of 23rd July 2024, Adero Partners’s top holding is 20,229,621 shares of Dimensional Etf Trust currently worth over $620 billion and making up 45.3% of the portfolio value.
In addition, the fund holds 3,282,625 shares of American Centy Etf Tr worth $242 billion.
The third-largest holding is Nu Hldgs Ltd worth $58.8 billion and the next is Datadog Inc worth $32.5 billion, with 250,572 shares owned.
Currently, Adero Partners's portfolio is worth at least $1.37 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.
The Adero Partners office and employees reside in Pleasanton, California. According to the last 13-F report filed with the SEC, Susan Brodnick serves as the Compliance Consultant at Adero Partners.
In the most recent 13F filing, Adero Partners revealed that it had opened a new position in
Lockheed Martin and bought 1,218 shares worth $569 million.
This means they effectively own approximately 0.1% of the company.
Lockheed Martin makes up
19.3%
of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Dimensional Etf Trust by buying
1,179,958 additional shares.
This makes their stake in Dimensional Etf Trust total 20,229,621 shares worth $620 billion.
On the other hand, there are companies that Adero Partners is getting rid of from its portfolio.
Adero Partners closed its position in Maplebear Inc on 30th July 2024.
It sold the previously owned 15,900 shares for $593 million.
Susan Brodnick also disclosed a decreased stake in Nu Hldgs Ltd by approximately 0.1%.
This leaves the value of the investment at $58.8 billion and 4,560,031 shares.
The two most similar investment funds to Adero Partners are Avala Global L.P. and Oakworth Capital. They manage $1.37 trillion and $1.37 trillion respectively.
Adero Partners’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 13.8% of
the total portfolio value.
The fund focuses on investments in the United States as
51.6% 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
48% of the total holdings value.
On the other hand, small-cap stocks make up only 1.2% of the portfolio.
The average market cap of the portfolio companies is close to $169 billion.
These positions were updated on July 30th 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 |
|---|---|---|---|
| Dimensional Etf Trust |
6.19%
20,229,621
|
$620,092,160,000 | 45.30% |
| American Centy Etf Tr |
4.27%
3,282,625
|
$242,212,088,000 | 17.69% |
| Nu Hldgs Ltd |
1.20%
4,560,031
|
$58,778,800,000 | 4.29% |
| Datadog Inc |
0.01%
250,572
|
$32,496,662,000 | 2.37% |
| Snowflake Inc. |
9.35%
238,365
|
$32,200,717,000 | 2.35% |
| NVIDIA Corp |
936.82%
239,952
|
$29,643,642,000 | 2.17% |
| Ccc Intelligent Solutions Hl |
No change
2,645,275
|
$29,389,005,000 | 2.15% |
| DoorDash Inc |
0.01%
268,567
|
$29,214,718,000 | 2.13% |
| Apple Inc |
36.73%
125,085
|
$26,345,392,000 | 1.92% |
| Procore Technologies, Inc. |
3.29%
224,062
|
$14,857,551,000 | 1.09% |
| Uber Technologies Inc |
0.07%
185,623
|
$13,491,089,000 | 0.99% |
| Vanguard Index Fds |
0.23%
104,862
|
$28,486,114,000 | 2.08% |
| Alphabet Inc |
0.49%
110,406
|
$20,201,206,000 | 1.48% |
| Manager Directed Portfolios |
6.57%
1,106,051
|
$10,695,517,000 | 0.78% |
| Microsoft Corporation |
1.36%
19,383
|
$8,663,350,000 | 0.63% |
| Meta Platforms Inc |
1.54%
17,014
|
$8,578,693,000 | 0.63% |
| Ishares Tr |
1.66%
343,638
|
$27,525,645,000 | 2.01% |
| Dynatrace Inc |
0.01%
166,707
|
$7,458,471,000 | 0.54% |
| Spdr S&p 500 Etf Tr |
0.56%
13,038
|
$7,095,690,000 | 0.52% |
| Airbnb, Inc. |
0.04%
27,835
|
$4,220,621,000 | 0.31% |
| Amazon.com Inc. |
0.31%
21,107
|
$4,078,998,000 | 0.30% |
| Dayforce Inc |
0.01%
81,419
|
$4,038,382,000 | 0.29% |
| Rlx Technology Inc |
No change
2,171,163
|
$3,994,940,000 | 0.29% |
| JPMorgan Chase & Co. |
9.38%
18,404
|
$3,722,397,000 | 0.27% |
| Crowdstrike Holdings Inc |
2.33%
8,513
|
$3,262,200,000 | 0.24% |
| Vanguard Scottsdale Fds |
4.79%
38,910
|
$3,189,412,000 | 0.23% |
| Vanguard Star Fds |
5.83%
52,886
|
$3,189,026,000 | 0.23% |
| Tesla Inc |
6.78%
15,470
|
$3,061,283,000 | 0.22% |
| Alibaba Group Hldg Ltd |
0.12%
42,417
|
$3,054,024,000 | 0.22% |
| Berkshire Hathaway Inc. |
5.12%
7,356
|
$2,992,405,000 | 0.22% |
| ServiceNow Inc |
0.23%
3,436
|
$2,703,155,000 | 0.20% |
| Vanguard Intl Equity Index F |
3.34%
37,797
|
$3,278,240,000 | 0.24% |
| Vanguard Bd Index Fds |
4.49%
54,479
|
$4,122,033,000 | 0.30% |
| Roblox Corporation |
0.00%
60,034
|
$2,233,865,000 | 0.16% |
| Invesco Exch Traded Fd Tr Ii |
4.03%
34,315
|
$2,228,750,000 | 0.16% |
| Wells Fargo Co New |
0.40%
36,764
|
$2,183,391,000 | 0.16% |
| Lyft Inc |
No change
153,669
|
$2,166,733,000 | 0.16% |
| Lightspeed Commerce Inc |
No change
158,131
|
$2,164,813,000 | 0.16% |
| MongoDB Inc |
0.26%
7,292
|
$1,822,798,000 | 0.13% |
| Intuit Inc |
17.32%
2,587
|
$1,700,183,000 | 0.12% |
| Johnson & Johnson |
16.69%
10,318
|
$1,508,077,000 | 0.11% |
| Advanced Micro Devices Inc. |
3.32%
8,799
|
$1,427,235,000 | 0.10% |
| Schwab Strategic Tr |
8.79%
51,433
|
$3,148,301,000 | 0.23% |
| Salesforce Inc |
1.34%
4,392
|
$1,129,087,000 | 0.08% |
| American Express Co. |
15.27%
4,870
|
$1,127,649,000 | 0.08% |
| Vanguard Tax-managed Fds |
0.00%
21,016
|
$1,038,611,000 | 0.08% |
| EA Series Trust |
No change
9,420
|
$1,015,617,000 | 0.07% |
| Taiwan Semiconductor Mfg Ltd |
25.43%
5,569
|
$967,948,000 | 0.07% |
| Eli Lilly & Co |
3.80%
1,037
|
$938,884,000 | 0.07% |
| Spdr S&p Midcap 400 Etf Tr |
No change
1,734
|
$927,829,000 | 0.07% |
| Visa Inc |
4.21%
3,489
|
$915,837,000 | 0.07% |
| Fidelity Wise Origin Bitcoin |
No change
17,223
|
$903,519,000 | 0.07% |
| Spdr Ser Tr |
0.91%
25,003
|
$1,532,011,000 | 0.11% |
| Costco Whsl Corp New |
269.23%
1,056
|
$897,399,000 | 0.07% |
| Snap Inc |
0.29%
53,980
|
$896,608,000 | 0.07% |
| Weave Communications, Inc. |
No change
98,050
|
$884,411,000 | 0.06% |
| Mastercard Incorporated |
7.99%
1,947
|
$859,088,000 | 0.06% |
| Procter And Gamble Co |
5.74%
5,033
|
$829,979,000 | 0.06% |
| RTX Corp |
41.58%
8,223
|
$825,548,000 | 0.06% |
| Merck & Co Inc |
27.23%
6,653
|
$823,659,000 | 0.06% |
| Spotify Technology S.A. |
0.12%
2,608
|
$818,364,000 | 0.06% |
| Chevron Corp. |
5.23%
4,790
|
$749,252,000 | 0.05% |
| Home Depot, Inc. |
1.03%
2,167
|
$745,895,000 | 0.05% |
| Novo-nordisk A S |
4.04%
5,156
|
$735,983,000 | 0.05% |
| Texas Instrs Inc |
1.45%
3,732
|
$725,933,000 | 0.05% |
| Applied Matls Inc |
17.98%
2,937
|
$693,140,000 | 0.05% |
| Abbvie Inc |
26.22%
4,024
|
$690,154,000 | 0.05% |
| Vanguard World Fd |
No change
3,019
|
$1,199,756,000 | 0.09% |
| Vertex Pharmaceuticals, Inc. |
2.90%
1,313
|
$615,411,000 | 0.04% |
| Nike, Inc. |
10.02%
8,148
|
$614,115,000 | 0.04% |
| Unitedhealth Group Inc |
13.93%
1,194
|
$608,289,000 | 0.04% |
| Maplebear Inc |
Closed
15,900
|
$592,911,000 | |
| Pepsico Inc |
28.75%
3,538
|
$583,505,000 | 0.04% |
| Lockheed Martin Corp. |
Opened
1,218
|
$568,928,000 | 0.04% |
| Netflix Inc. |
6.98%
839
|
$565,914,000 | 0.04% |
| Marsh & McLennan Cos., Inc. |
14.35%
2,661
|
$560,715,000 | 0.04% |
| World Gold Tr |
No change
12,000
|
$553,080,000 | 0.04% |
| Twilio Inc |
76.59%
9,470
|
$537,991,000 | 0.04% |
| Pinterest Inc |
0.19%
11,822
|
$520,996,000 | 0.04% |
| Builders Firstsource Inc |
Closed
2,464
|
$513,867,000 | |
| Aflac Inc. |
4.65%
5,720
|
$510,853,000 | 0.04% |
| Elevance Health Inc |
49.84%
932
|
$505,106,000 | 0.04% |
| Walmart Inc |
45.75%
7,203
|
$487,725,000 | 0.04% |
| Mckesson Corporation |
0.25%
809
|
$472,454,000 | 0.03% |
| Ishares Tr |
Opened
16,100
|
$890,793,000 | 0.07% |
| Dimensional Etf Trust |
Closed
17,963
|
$458,595,000 | |
| Coca-Cola Co |
9.97%
7,004
|
$445,835,000 | 0.03% |
| Zoom Video Communications In |
1.93%
7,382
|
$436,941,000 | 0.03% |
| Danaher Corp. |
16.17%
1,746
|
$436,230,000 | 0.03% |
| Broadcom Inc |
10.37%
268
|
$430,346,000 | 0.03% |
| Boeing Co. |
7.41%
2,334
|
$424,811,000 | 0.03% |
| Oreilly Automotive Inc |
1.71%
402
|
$424,536,000 | 0.03% |
| Workday Inc |
0.37%
1,863
|
$416,528,000 | 0.03% |
| Adobe Inc |
13.94%
744
|
$413,172,000 | 0.03% |
| Cisco Sys Inc |
5.45%
8,689
|
$412,834,000 | 0.03% |
| Abbott Labs |
20.19%
3,893
|
$404,573,000 | 0.03% |
| Exxon Mobil Corp. |
8.42%
3,464
|
$398,776,000 | 0.03% |
| Intel Corp. |
2.55%
12,504
|
$387,256,000 | 0.03% |
| MSA Safety Inc |
0.20%
2,029
|
$380,823,000 | 0.03% |
| Micron Technology Inc. |
1.19%
2,884
|
$379,381,000 | 0.03% |
| Palantir Technologies Inc. |
0.59%
14,597
|
$369,742,000 | 0.03% |
| Asml Holding N V |
8.41%
361
|
$369,206,000 | 0.03% |
| AMGEN Inc. |
46.08%
1,119
|
$349,559,000 | 0.03% |
| Nushares Etf Tr |
0.74%
8,824
|
$347,136,000 | 0.03% |
| Broadridge Finl Solutions In |
0.69%
1,748
|
$344,356,000 | 0.03% |
| Vanguard Scottsdale Fds |
Opened
10,950
|
$638,974,000 | 0.05% |
| Qualcomm, Inc. |
44.84%
1,725
|
$343,660,000 | 0.03% |
| Schwab Strategic Tr |
Opened
5,106
|
$341,982,000 | 0.02% |
| Fiserv, Inc. |
5.21%
2,294
|
$341,898,000 | 0.02% |
| Tjx Cos Inc New |
6.00%
3,042
|
$334,917,000 | 0.02% |
| Samsara Inc. |
0.04%
9,170
|
$309,029,000 | 0.02% |
| Dr Reddys Labs Ltd |
Opened
3,985
|
$303,617,000 | 0.02% |
| Grainger W W Inc |
8.86%
329
|
$296,837,000 | 0.02% |
| Accenture Plc Ireland |
11.13%
974
|
$295,376,000 | 0.02% |
| Palo Alto Networks Inc |
6.24%
868
|
$294,237,000 | 0.02% |
| Banco Santander S.A. |
5.13%
61,494
|
$284,717,000 | 0.02% |
| Prologis Inc |
23.28%
2,478
|
$278,274,000 | 0.02% |
| Colgate-Palmolive Co. |
14.00%
2,866
|
$278,163,000 | 0.02% |
| Kb Finl Group Inc |
4.19%
4,802
|
$271,841,000 | 0.02% |
| Boston Scientific Corp. |
Opened
3,490
|
$268,751,000 | 0.02% |
| Moodys Corp |
Opened
636
|
$267,859,000 | 0.02% |
| Paychex Inc. |
1.04%
2,234
|
$264,864,000 | 0.02% |
| Blackstone Inc |
Closed
2,010
|
$264,083,000 | |
| HP Inc |
Opened
7,494
|
$262,451,000 | 0.02% |
| Take-two Interactive Softwar |
0.61%
1,647
|
$256,092,000 | 0.02% |
| Stryker Corp. |
1.09%
745
|
$253,463,000 | 0.02% |
| Phillips 66 |
9.47%
1,769
|
$249,730,000 | 0.02% |
| Cigna Group (The) |
3.33%
754
|
$249,154,000 | 0.02% |
| Honeywell International Inc |
Opened
1,158
|
$247,279,000 | 0.02% |
| Vanguard Specialized Funds |
42.92%
1,342
|
$244,982,000 | 0.02% |
| Bank America Corp |
Opened
6,031
|
$239,848,000 | 0.02% |
| Williams-Sonoma, Inc. |
3.19%
842
|
$237,756,000 | 0.02% |
| Public Svc Enterprise Grp In |
Closed
3,548
|
$236,935,000 | |
| Invesco Exchange Traded Fd T |
5.18%
7,510
|
$466,920,000 | 0.03% |
| Target Corp |
21.64%
1,585
|
$234,598,000 | 0.02% |
| Caterpillar Inc. |
Opened
696
|
$231,838,000 | 0.02% |
| S&P Global Inc |
5.98%
519
|
$231,629,000 | 0.02% |
| Ross Stores, Inc. |
Opened
1,589
|
$230,941,000 | 0.02% |
| J P Morgan Exchange Traded F |
No change
4,090
|
$226,995,000 | 0.02% |
| American Wtr Wks Co Inc New |
Opened
1,654
|
$213,631,000 | 0.02% |
| Stellantis N.V |
1.61%
10,604
|
$210,489,000 | 0.02% |
| Citigroup Inc |
Opened
3,310
|
$210,053,000 | 0.02% |
| Ameriprise Finl Inc |
Opened
490
|
$209,165,000 | 0.02% |
| Oracle Corp. |
Opened
1,476
|
$208,432,000 | 0.02% |
| Novartis AG |
Opened
1,933
|
$205,787,000 | 0.02% |
| Mcdonalds Corp |
2.68%
805
|
$205,217,000 | 0.01% |
| Wesco International, Inc. |
Closed
1,190
|
$203,823,000 | |
| Price T Rowe Group Inc |
0.11%
1,767
|
$203,696,000 | 0.01% |
| Global X Fds |
No change
11,428
|
$201,933,000 | 0.01% |
| Vanguard Whitehall Fds |
Opened
1,700
|
$201,620,000 | 0.01% |
| Schwab Strategic Tr |
Closed
2,483
|
$200,195,000 | |
| Vodafone Group plc |
30.43%
20,825
|
$184,718,000 | 0.01% |
| Infosys Ltd |
Closed
10,290
|
$184,500,000 | |
| Nerdwallet Inc |
No change
11,681
|
$170,543,000 | 0.01% |
| UiPath, Inc. |
0.08%
12,170
|
$154,316,000 | 0.01% |
| Skillz Inc. |
No change
18,714
|
$134,367,000 | 0.01% |
| Nokia Corp |
8.53%
32,940
|
$124,513,000 | 0.01% |
| Viatris Inc. |
Opened
11,472
|
$121,951,000 | 0.01% |
| Mitsubishi Ufj Finl Group In |
Opened
10,724
|
$115,819,000 | 0.01% |
| Enel Chile S.A. |
118.96%
34,924
|
$97,787,000 | 0.01% |
| Aegon Ltd. |
0.31%
14,921
|
$91,466,000 | 0.01% |
| Health Catalyst Inc |
No change
12,477
|
$79,728,000 | 0.01% |
| ICL Group Ltd. |
Closed
13,663
|
$73,507,000 | |
| Piedmont Office Realty Tr In |
6.88%
10,134
|
$73,472,000 | 0.01% |
| Wipro Ltd. |
Closed
12,027
|
$69,155,000 | |
| Nektar Therapeutics |
No change
51,500
|
$63,860,000 | 0.00% |
| FinVolution Group |
17.93%
12,155
|
$57,979,000 | 0.00% |
| Blend Labs, Inc. |
No change
22,222
|
$52,444,000 | 0.00% |
| Mizuho Financial Group, Inc. |
6.89%
12,051
|
$50,976,000 | 0.00% |
| Chegg Inc |
Opened
10,628
|
$33,584,000 | 0.00% |
| Lyell Immunopharma Inc |
No change
20,869
|
$30,260,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 171 holdings | |||