Foresight Wealth Management 13F annual report

Foresight Wealth Management is an investment fund managing more than $6.98 billion ran by Adam Nugent. There are currently 11 companies in Mr. Nugent’s portfolio. The largest investments include Spdr Ser Tr and Apple Inc, together worth $3.99 billion.

$6.98 billion Assets Under Management (AUM)

As of 6th February 2023, Foresight Wealth Management’s top holding is 64,668 shares of Spdr Ser Tr currently worth over $3.16 billion and making up 45.3% of the portfolio value. In addition, the fund holds 6,390 shares of Apple Inc worth $830 million, whose value fell approximately 0.1% in the past six months. The third-largest holding is Spdr Index Shs Fds worth $760 million and the next is Invesco Exch Traded Fd Tr Ii worth $628 million, with 35,616 shares owned.

Currently, Foresight Wealth Management's portfolio is worth at least $6.98 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 Foresight Wealth Management

The Foresight Wealth Management office and employees reside in Draper, Utah. According to the last 13-F report filed with the SEC, Adam Nugent serves as the MANAGING MEMBER at Foresight Wealth Management.

Recent trades

There are companies that Foresight Wealth Management is getting rid of from its portfolio. Foresight Wealth Management closed its position in Pgim Etf Tr on 13th February 2023. It sold the previously owned 986,792 shares for $48.4 million. Adam Nugent also disclosed a decreased stake in Spdr Ser Tr by 0.9%. This leaves the value of the investment at $3.16 billion and 64,668 shares.

One of the average hedge funds

The two most similar investment funds to Foresight Wealth Management are Bellevue Ag and Alaska Permanent Fund Corp. They manage $6.97 billion and $7 billion respectively.

Adam Nugent investment strategy

Foresight Wealth Management’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 11.9% of the total portfolio value. The fund focuses on investments in the United States as 18.2% 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 9% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $988 billion.

The complete list of Foresight Wealth Management trades based on 13F SEC filings

These positions were updated on February 13th 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
Spdr Ser Tr	90.24% 64,668	$3,162,388,000	45.31%
Apple Inc	92.94% 6,390	$830,313,000	11.90%
Spdr Index Shs Fds	84.19% 25,582	$759,520,000	10.88%
Invesco Exch Traded Fd Tr Ii	87.50% 35,616	$627,547,000	8.99%
Global X Fds	90.13% 15,056	$291,639,000	4.18%
Fs Kkr Cap Corp	97.48% 16,055	$280,964,000	4.03%
Ishares Tr	90.47% 5,531	$273,501,000	3.92%
Ishares Inc	86.04% 2,482	$235,806,000	3.38%
Gladstone Ld Corp	89.41% 10,844	$198,992,000	2.85%
Cion Invt Corp	67.64% 17,204	$167,739,000	2.40%
SoFi Technologies, Inc.	6.32% 32,831	$151,351,000	2.17%
Pgim Etf Tr	Closed 986,792	$48,432,000
J P Morgan Exchange Traded F	Closed 708,766	$35,349,000
Spdr S&p 500 Etf Tr	Closed 36,807	$13,147,000
Vanguard Index Fds	Closed 26,035	$8,036,000
Ncino, Inc.	Closed 171,103	$5,836,000
Microsoft Corporation	Closed 9,266	$2,158,000
Chevron Corp.	Closed 13,602	$1,954,000
Spdr Ser Tr	Closed 111,960	$3,928,000
Amazon.com Inc.	Closed 16,208	$1,832,000
Accenture Plc Ireland	Closed 6,689	$1,721,000
Sempra	Closed 9,554	$1,432,000
Alphabet Inc	Closed 16,759	$1,610,000
Iron Mtn Inc Del	Closed 28,429	$1,250,000
Franchise Group, Inc.	Closed 50,377	$1,224,000
Williams Cos Inc	Closed 39,931	$1,143,000
Wisdomtree Tr	Closed 46,396	$1,126,000
Merck & Co Inc	Closed 12,782	$1,101,000
Mastercard Incorporated	Closed 3,852	$1,095,000
JPMorgan Chase & Co.	Closed 10,461	$1,093,000
Visa Inc	Closed 5,724	$1,017,000
Lyondellbasell Industries N	Closed 12,753	$960,000
Broadcom Inc.	Closed 2,160	$959,000
Meta Platforms Inc	Closed 6,891	$935,000
NVIDIA Corp	Closed 7,491	$909,000
Lockheed Martin Corp.	Closed 2,321	$897,000
Tesla Inc	Closed 3,348	$888,000
Crown Castle Inc	Closed 6,108	$883,000
AT&T Inc.	Closed 57,533	$883,000
Philip Morris International Inc	Closed 10,164	$844,000
Stag Indl Inc	Closed 29,372	$835,000
3M Co.	Closed 7,440	$822,000
Moelis & Co	Closed 23,337	$789,000
Sysco Corp.	Closed 11,063	$782,000
Valley Natl Bancorp	Closed 71,297	$770,000
Bk Of America Corp	Closed 25,382	$767,000
Wells Fargo Co New	Closed 18,664	$751,000
Novartis AG	Closed 9,696	$737,000
Altria Group Inc.	Closed 17,783	$718,000
Kraft Heinz Co	Closed 21,399	$714,000
Lumen Technologies, Inc.	Closed 96,405	$702,000
General Electric Co.	Closed 10,857	$672,000
GSK Plc	Closed 22,077	$650,000
Ishares Inc	Closed 20,098	$649,000
Unilever plc	Closed 13,910	$610,000
Netflix Inc.	Closed 2,364	$557,000
International Paper Co.	Closed 16,832	$534,000
Ishares Tr	Closed 21,062	$811,000
Intuitive Surgical Inc	Closed 2,221	$416,000
PayPal Holdings Inc	Closed 4,718	$406,000
Illumina Inc	Closed 2,102	$401,000
Berkshire Hathaway Inc.	Closed 1,434	$383,000
Align Technology, Inc.	Closed 1,829	$379,000
Disney Walt Co	Closed 3,987	$376,000
Coupang, Inc.	Closed 19,606	$327,000
Angel Oak Finl Strategies In	Closed 24,115	$323,000
Phillips Edison & Co Inc	Closed 10,977	$308,000
Independence Rlty Tr Inc	Closed 18,213	$305,000
Vanguard Tax-managed Fds	Closed 7,458	$271,000
Proshares Tr	Closed 2,707	$216,000
Home Depot, Inc.	Closed 776	$214,000
First Tr Exchange Traded Fd	Closed 2,399	$208,000
Nuveen Mortgage And Income F	Closed 11,258	$181,000
Nuveen Sr Income Fd	Closed 37,195	$174,000
Goldman Sachs BDC Inc	Closed 11,861	$171,000
Barings BDC Inc	Closed 20,531	$170,000
Morgan Stanley Emerging Mkts	Closed 40,800	$164,000
Blackstone Strategic Credit	Closed 15,082	$160,000
Haleon Plc	Closed 23,629	$144,000
Saba Capital Income & Oprnt	Closed 17,906	$142,000
Templeton Emerging Mkts Inco	Closed 30,750	$136,000
Barings Global Short Duratio	Closed 10,072	$123,000
Nuveen Cr Strategies Income	Closed 23,842	$122,000
Highland Income Fd	Closed 11,861	$115,000
Sandstorm Gold Ltd	Closed 21,422	$111,000
Brightspire Capital Inc	Closed 16,913	$107,000
Templeton Global Income Fd	Closed 25,143	$102,000
Delaware Ivy High Income Opp	Closed 10,108	$102,000
Invesco Sr Income Tr	Closed 25,214	$94,000
Western Asst Infltn Lkd Inm	Closed 10,256	$92,000
First Majestic Silver Corporation	Closed 10,100	$77,000
Metalla Rty & Streaming Ltd	Closed 16,483	$64,000
Uranium Rty Corp	Closed 18,594	$42,000
Fury Gold Mines Limited	Closed 97,000	$39,000
Ur-Energy Inc.	Closed 24,511	$27,000
No transactions found
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