Minot Wealth Management 13F annual report
Minot Wealth Management is an investment fund managing more than $460 million ran by William Corcoran. There are currently 178 companies in Mr. Corcoran’s portfolio. The largest investments include Apple Inc and Schwab Strategic Tr, together worth $62.2 million.
$460 million Assets Under Management (AUM)
As of 7th April 2022, Minot Wealth Management’s top holding is 177,072 shares of Apple Inc currently worth over $30.9 million and making up 6.7% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Minot Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 397,295 shares of Schwab Strategic Tr worth $31.2 million.
The third-largest holding is Spdr Sp 500 Etf Tr worth $25.8 million and the next is Berkshire Hathaway worth $17.6 million, with 49,932 shares owned.
Currently, Minot Wealth Management's portfolio is worth at least $460 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 Minot Wealth Management
The Minot Wealth Management office and employees reside in Westwood, Massachusetts. According to the last 13-F report filed with the SEC, William Corcoran serves as the PRINCIPAL AND CHIEF COMPLIANCE OFFICER at Minot Wealth Management.
Recent trades
In the most recent 13F filing, Minot Wealth Management revealed that it had opened a new position in
Spdr Ser Tr and bought 110,950 shares worth $7.61 million.
The investment fund also strengthened its position in Schwab Strategic Tr by buying
163,115 additional shares.
This makes their stake in Schwab Strategic Tr total 397,295 shares worth $31.2 million.
On the other hand, there are companies that Minot Wealth Management is getting rid of from its portfolio.
Minot Wealth Management closed its position in Indexiq Active Etf Tr on 14th April 2022.
It sold the previously owned 909,385 shares for $24.9 million.
William Corcoran also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $30.9 million and 177,072 shares.
One of the smaller hedge funds
The two most similar investment funds to Minot Wealth Management are Ferris Capital and Michael & Susan Dell Foundation. They manage $460 million and $459 million respectively.
William Corcoran investment strategy
Minot Wealth Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 14.3% of
the total portfolio value.
The fund focuses on investments in the United States as
53.4% 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
47% of the total holdings value.
On the other hand, small-cap stocks make up only 2.8% of the portfolio.
The average market cap of the portfolio companies is close to $202 billion.
The complete list of Minot Wealth Management trades based on 13F SEC filings
These positions were updated on April 14th 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 |
|---|---|---|---|
| Apple Inc |
0.99%
177,072
|
$30,919,000 | 6.73% |
| Schwab Strategic Tr |
69.65%
397,295
|
$31,249,000 | 6.80% |
| Spdr Sp 500 Etf Tr |
13.92%
57,141
|
$25,807,000 | 5.62% |
| Indexiq Active Etf Tr |
Closed
909,385
|
$24,944,000 | |
| Berkshire Hathaway Inc. |
2.80%
49,932
|
$17,622,000 | 3.83% |
| Microsoft Corporation |
2.38%
51,493
|
$15,876,000 | 3.45% |
| Amazon.com Inc. |
9.53%
4,461
|
$14,543,000 | 3.16% |
| Abbvie Inc |
2.85%
66,161
|
$10,725,000 | 2.33% |
| Accenture Plc Ireland |
0.70%
31,026
|
$10,463,000 | 2.28% |
| Alphabet Inc |
1.25%
4,219
|
$11,743,000 | 2.56% |
| NVIDIA Corp |
15.07%
33,916
|
$9,254,000 | 2.01% |
| Broadcom Inc |
1.92%
14,090
|
$8,872,000 | 1.93% |
| Unitedhealth Group Inc |
4.23%
16,519
|
$8,424,000 | 1.83% |
| Spdr Ser Tr |
Opened
110,950
|
$7,611,000 | 1.66% |
| Danaher Corp. |
0.39%
24,428
|
$7,165,000 | 1.56% |
| Home Depot, Inc. |
2.77%
23,555
|
$7,051,000 | 1.53% |
| Texas Instrs Inc |
7.40%
38,250
|
$7,018,000 | 1.53% |
| Abbott Labs |
5.29%
59,284
|
$7,017,000 | 1.53% |
| Thermo Fisher Scientific Inc. |
1.03%
11,863
|
$7,007,000 | 1.52% |
| Johnson Johnson |
3.24%
37,144
|
$6,583,000 | 1.43% |
| Qualcomm, Inc. |
0.69%
42,919
|
$6,559,000 | 1.43% |
| Visa Inc |
4.45%
29,087
|
$6,451,000 | 1.40% |
| Target Corp |
5.05%
29,013
|
$6,157,000 | 1.34% |
| Costco Whsl Corp New |
0.39%
10,220
|
$5,885,000 | 1.28% |
| Lowes Cos Inc |
8.16%
29,005
|
$5,865,000 | 1.28% |
| Applied Matls Inc |
10.80%
39,308
|
$5,181,000 | 1.13% |
| NextEra Energy Inc |
2.40%
53,549
|
$4,536,000 | 0.99% |
| Honeywell International Inc |
8.21%
23,139
|
$4,502,000 | 0.98% |
| Mcdonalds Corp |
1.94%
17,549
|
$4,340,000 | 0.94% |
| Arista Networks Inc |
300.04%
30,251
|
$4,204,000 | 0.91% |
| Medtronic Plc |
19.37%
37,593
|
$4,171,000 | 0.91% |
| Brookfield Renewable Partner |
3.47%
100,100
|
$4,111,000 | 0.89% |
| Procter And Gamble Co |
5.86%
26,065
|
$3,983,000 | 0.87% |
| Genuine Parts Co. |
10.42%
31,178
|
$3,929,000 | 0.85% |
| Paychex Inc. |
0.04%
28,142
|
$3,841,000 | 0.84% |
| Nike, Inc. |
34.74%
25,349
|
$3,411,000 | 0.74% |
| Pepsico Inc |
8.15%
20,301
|
$3,398,000 | 0.74% |
| Exxon Mobil Corp. |
7.79%
40,896
|
$3,378,000 | 0.74% |
| CVS Health Corp |
113.87%
32,650
|
$3,305,000 | 0.72% |
| Chevron Corp. |
51.80%
20,258
|
$3,299,000 | 0.72% |
| Ishares Tr |
2.73%
106,873
|
$12,031,000 | 2.62% |
| Adobe Systems Incorporated |
46.35%
6,788
|
$3,093,000 | 0.67% |
| Jpmorgan Chase Co |
10.14%
22,323
|
$3,043,000 | 0.66% |
| Raytheon Technologies Corporation |
430.51%
29,661
|
$2,939,000 | 0.64% |
| Pfizer Inc. |
1.60%
56,253
|
$2,912,000 | 0.63% |
| Innovative Indl Pptys Inc |
Closed
11,595
|
$2,680,000 | |
| Spdr Gold Tr |
2.41%
14,754
|
$2,665,000 | 0.58% |
| Rockwell Automation Inc |
4.15%
9,332
|
$2,613,000 | 0.57% |
| Devon Energy Corp. |
Opened
41,625
|
$2,461,000 | 0.54% |
| Vanguard Index Fds |
9.10%
18,755
|
$5,055,000 | 1.10% |
| Fidelity Merrimack Str Tr |
36.29%
43,140
|
$2,147,000 | 0.47% |
| Cisco Sys Inc |
5.19%
37,055
|
$2,066,000 | 0.45% |
| Intercontinental Exchange In |
1.24%
15,184
|
$2,006,000 | 0.44% |
| Emerson Elec Co |
4.79%
20,383
|
$1,999,000 | 0.44% |
| Union Pac Corp |
1.56%
6,954
|
$1,900,000 | 0.41% |
| Bristol-Myers Squibb Co. |
14.12%
25,925
|
$1,893,000 | 0.41% |
| Ssga Active Etf Tr |
28.71%
42,240
|
$1,891,000 | 0.41% |
| Archer Daniels Midland Co. |
Opened
20,370
|
$1,839,000 | 0.40% |
| Intuit Inc |
24.92%
3,720
|
$1,789,000 | 0.39% |
| Select Sector Spdr Tr |
46.96%
30,087
|
$2,786,000 | 0.61% |
| Ishares Tr |
Closed
14,302
|
$1,893,000 | |
| Luminar Technologies Inc |
Opened
98,705
|
$1,543,000 | 0.34% |
| Spdr Ser Tr |
34.10%
18,970
|
$1,460,000 | 0.32% |
| Blackrock Inc. |
0.16%
1,872
|
$1,431,000 | 0.31% |
| Mckesson Corporation |
Opened
4,486
|
$1,373,000 | 0.30% |
| Intel Corp. |
4.69%
27,402
|
$1,358,000 | 0.30% |
| Goldman Sachs Group, Inc. |
34.63%
3,821
|
$1,261,000 | 0.27% |
| Spdr Sp Midcap 400 Etf Tr |
19.17%
2,518
|
$1,235,000 | 0.27% |
| VanEck ETF Trust |
1.27%
70,473
|
$1,982,000 | 0.43% |
| Newell Brands Inc. |
30.54%
56,762
|
$1,215,000 | 0.26% |
| Starbucks Corp. |
75.08%
13,251
|
$1,205,000 | 0.26% |
| Quanta Svcs Inc |
9.23%
8,964
|
$1,180,000 | 0.26% |
| Franchise Group, Inc. |
15.15%
28,000
|
$1,160,000 | 0.25% |
| Bk Of America Corp |
12.20%
27,650
|
$1,140,000 | 0.25% |
| Tjx Cos Inc New |
30.21%
18,783
|
$1,138,000 | 0.25% |
| Disney Walt Co |
Closed
6,692
|
$1,132,000 | |
| American Tower Corp. |
39.12%
4,386
|
$1,102,000 | 0.24% |
| Fair, Isaac Corp. |
No change
2,337
|
$1,090,000 | 0.24% |
| Rio Tinto plc |
Opened
13,315
|
$1,071,000 | 0.23% |
| Wisdomtree Tr |
131.25%
16,132
|
$1,060,000 | 0.23% |
| Jbg Smith Pptys |
0.04%
35,455
|
$1,036,000 | 0.23% |
| Vanguard Whitehall Fds |
4.81%
9,197
|
$1,032,000 | 0.22% |
| Vanguard Specialized Funds |
85.31%
6,119
|
$992,000 | 0.22% |
| Novo-nordisk A S |
0.85%
8,905
|
$989,000 | 0.22% |
| Price T Rowe Group Inc |
Closed
4,894
|
$963,000 | |
| International Business Machs |
4.40%
7,403
|
$963,000 | 0.21% |
| Chemed Corp. |
No change
1,898
|
$961,000 | 0.21% |
| Comcast Corp New |
72.53%
19,282
|
$903,000 | 0.20% |
| Merck Co Inc |
38.66%
11,008
|
$903,000 | 0.20% |
| Franklin Resources, Inc. |
Closed
29,778
|
$885,000 | |
| General Dynamics Corp. |
Opened
3,455
|
$833,000 | 0.18% |
| Lilly Eli Co |
8.02%
2,787
|
$798,000 | 0.17% |
| Lockheed Martin Corp. |
3.43%
1,774
|
$783,000 | 0.17% |
| Automatic Data Processing In |
12.35%
3,421
|
$778,000 | 0.17% |
| Grainger W W Inc |
Opened
1,432
|
$739,000 | 0.16% |
| Att Inc |
20.82%
31,218
|
$738,000 | 0.16% |
| Palo Alto Networks Inc |
5.29%
1,163
|
$724,000 | 0.16% |
| Ecolab, Inc. |
Closed
3,417
|
$713,000 | |
| Mastercard Incorporated |
30.81%
1,976
|
$706,000 | 0.15% |
| United Parcel Service, Inc. |
2.82%
3,176
|
$681,000 | 0.15% |
| Verizon Communications Inc |
2.58%
13,178
|
$671,000 | 0.15% |
| Oreilly Automotive Inc |
0.10%
970
|
$664,000 | 0.14% |
| Illinois Tool Wks Inc |
19.45%
3,114
|
$652,000 | 0.14% |
| Invesco Exch Traded Fd Tr Ii |
Opened
11,550
|
$644,000 | 0.14% |
| Salesforce Com Inc |
79.04%
2,979
|
$633,000 | 0.14% |
| American Centy Etf Tr |
17.44%
10,100
|
$623,000 | 0.14% |
| AMGEN Inc. |
69.44%
2,548
|
$616,000 | 0.13% |
| Tractor Supply Co. |
Opened
2,625
|
$613,000 | 0.13% |
| Nucor Corp. |
Opened
4,064
|
$604,000 | 0.13% |
| Invesco Exch Traded Fd Tr Ii |
Closed
11,350
|
$596,000 | |
| Dover Corp. |
4.70%
3,674
|
$576,000 | 0.13% |
| Sherwin-Williams Co. |
Closed
2,059
|
$576,000 | |
| ServiceNow Inc |
83.27%
1,033
|
$575,000 | 0.13% |
| Waste Mgmt Inc Del |
2.32%
3,623
|
$574,000 | 0.12% |
| Meta Platforms Inc |
73.53%
2,499
|
$556,000 | 0.12% |
| Kinder Morgan Inc |
Opened
28,375
|
$537,000 | 0.12% |
| Coca-Cola Co |
9.60%
8,622
|
$535,000 | 0.12% |
| 3M Co. |
65.59%
3,528
|
$525,000 | 0.11% |
| Autodesk Inc. |
Closed
1,835
|
$523,000 | |
| Uber Technologies Inc |
Opened
14,545
|
$519,000 | 0.11% |
| Crown Castle Intl Corp New |
25.65%
2,745
|
$507,000 | 0.11% |
| Duke Energy Corp. |
3.07%
4,449
|
$497,000 | 0.11% |
| Mondelez International Inc. |
0.82%
7,768
|
$488,000 | 0.11% |
| Walgreens Boots Alliance Inc |
Closed
10,258
|
$483,000 | |
| Mgic Invt Corp Wis |
No change
34,939
|
$473,000 | 0.10% |
| Vanguard World Fds |
No change
1,125
|
$469,000 | 0.10% |
| Intuitive Surgical Inc |
42.91%
1,542
|
$465,000 | 0.10% |
| Crowdstrike Holdings Inc |
Closed
1,880
|
$462,000 | |
| Freeport-McMoRan Inc |
Opened
9,287
|
$462,000 | 0.10% |
| Twilio Inc |
Closed
1,409
|
$450,000 | |
| Schwab Charles Corp |
Opened
5,103
|
$430,000 | 0.09% |
| Vanguard Bd Index Fds |
10.15%
5,451
|
$425,000 | 0.09% |
| Tesla Inc |
0.78%
387
|
$417,000 | 0.09% |
| Dominion Energy Inc |
0.15%
4,819
|
$409,000 | 0.09% |
| Fiserv, Inc. |
4.86%
4,033
|
$409,000 | 0.09% |
| Wells Fargo Co New |
6.55%
8,258
|
$400,000 | 0.09% |
| PayPal Holdings Inc |
86.38%
3,441
|
$398,000 | 0.09% |
| Akamai Technologies Inc |
6.10%
3,255
|
$389,000 | 0.08% |
| Illumina Inc |
Closed
928
|
$376,000 | |
| Air Prods Chems Inc |
56.02%
1,501
|
$375,000 | 0.08% |
| Expeditors Intl Wash Inc |
Closed
3,108
|
$370,000 | |
| Zoetis Inc |
Closed
1,890
|
$367,000 | |
| Align Technology, Inc. |
Closed
548
|
$365,000 | |
| Blackstone Inc |
7.26%
2,875
|
$365,000 | 0.08% |
| Marathon Pete Corp |
23.64%
4,200
|
$359,000 | 0.08% |
| Fidelity Covington Trust |
Closed
11,000
|
$358,000 | |
| Boeing Co. |
2.96%
1,835
|
$351,000 | 0.08% |
| Altria Group Inc. |
11.99%
6,663
|
$348,000 | 0.08% |
| Glaxosmithkline plc |
Opened
7,916
|
$345,000 | 0.08% |
| Eversource Energy |
1.81%
3,888
|
$343,000 | 0.07% |
| Walmart Inc |
1.66%
2,256
|
$336,000 | 0.07% |
| J P Morgan Exchange-traded F |
Opened
9,941
|
$536,000 | 0.12% |
| Citigroup Inc |
1.80%
6,219
|
$332,000 | 0.07% |
| Vanguard Tax-managed Intl Fd |
44.11%
6,867
|
$330,000 | 0.07% |
| Spdr Ser Tr |
Closed
11,900
|
$326,000 | |
| Vanguard Index Fds |
Opened
1,427
|
$325,000 | 0.07% |
| The Southern Co. |
0.32%
4,365
|
$317,000 | 0.07% |
| NetFlix Inc |
56.46%
832
|
$312,000 | 0.07% |
| Ishares Tr |
Opened
2,948
|
$308,000 | 0.07% |
| Prudential Finl Inc |
16.80%
2,447
|
$289,000 | 0.06% |
| Colgate-Palmolive Co. |
Closed
3,818
|
$289,000 | |
| Kimberly-Clark Corp. |
0.98%
2,334
|
$287,000 | 0.06% |
| Regeneron Pharmaceuticals, Inc. |
31.20%
408
|
$285,000 | 0.06% |
| Starwood Ppty Tr Inc |
Closed
11,573
|
$282,000 | |
| Extra Space Storage Inc. |
0.22%
1,357
|
$279,000 | 0.06% |
| Novartis AG |
Closed
3,393
|
$277,000 | |
| Norfolk Southn Corp |
0.21%
969
|
$276,000 | 0.06% |
| Simon Ppty Group Inc New |
0.54%
2,028
|
$267,000 | 0.06% |
| Enterprise Prods Partners L |
Opened
10,288
|
$266,000 | 0.06% |
| PAVmed Inc. |
Closed
30,000
|
$256,000 | |
| Caterpillar Inc. |
30.99%
1,129
|
$252,000 | 0.05% |
| Bunge Limited |
Opened
2,266
|
$251,000 | 0.05% |
| Agenus Inc |
Closed
47,650
|
$250,000 | |
| Vici Pptys Inc |
8.78%
8,673
|
$247,000 | 0.05% |
| General Mls Inc |
5.66%
3,640
|
$247,000 | 0.05% |
| Crane Co. |
No change
2,280
|
$247,000 | 0.05% |
| Ishares Inc |
3.89%
4,437
|
$246,000 | 0.05% |
| Magellan Midstream Prtnrs Lp |
Opened
5,000
|
$245,000 | 0.05% |
| Vanguard Scottsdale Fds |
Closed
2,905
|
$239,000 | |
| Gilead Sciences, Inc. |
7.26%
3,928
|
$234,000 | 0.05% |
| Northern Tr Corp |
No change
2,000
|
$233,000 | 0.05% |
| HubSpot Inc |
1.24%
478
|
$227,000 | 0.05% |
| Delek Logistics Partners LP |
Closed
5,000
|
$226,000 | |
| Analog Devices Inc. |
0.96%
1,345
|
$222,000 | 0.05% |
| Republic Svcs Inc |
8.21%
1,654
|
$219,000 | 0.05% |
| Splunk Inc |
Closed
1,506
|
$218,000 | |
| Carrier Global Corporation |
0.85%
4,614
|
$212,000 | 0.05% |
| Packaging Corp Amer |
Closed
1,506
|
$207,000 | |
| Stag Indl Inc |
Opened
5,000
|
$207,000 | 0.05% |
| Moderna Inc |
65.00%
1,188
|
$205,000 | 0.04% |
| CBRE Group Inc |
0.22%
2,224
|
$204,000 | 0.04% |
| Stryker Corp. |
Opened
758
|
$203,000 | 0.04% |
| Essex Ppty Tr Inc |
Opened
589
|
$203,000 | 0.04% |
| Herc Holdings Inc |
13.88%
1,210
|
$202,000 | 0.04% |
| Cohen Steers Quality Incom |
No change
12,000
|
$201,000 | 0.04% |
| ContraFect Corp |
28.90%
49,200
|
$180,000 | 0.04% |
| Aeye Inc |
200.00%
30,000
|
$164,000 | 0.04% |
| X4 Pharmaceuticals, Inc. |
223.53%
55,000
|
$96,000 | 0.02% |
| Aridis Pharmaceuticals Inc |
100.00%
50,000
|
$88,000 | 0.02% |
| Vroom Inc. |
No change
31,462
|
$84,000 | 0.02% |
| Joby Aviation Inc |
Opened
10,000
|
$66,000 | 0.01% |
| PDS Biotechnology Corporation |
Opened
10,000
|
$62,000 | 0.01% |
| Canoo Inc. |
Opened
11,000
|
$61,000 | 0.01% |
| PowerFleet Inc |
14.35%
17,900
|
$53,000 | 0.01% |
| NexGen Energy Ltd |
Closed
10,000
|
$47,000 | |
| Avalo Therapeutics Inc |
66.50%
34,645
|
$25,000 | 0.01% |
| Reeds Inc |
No change
50,000
|
$15,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 207 holdings | |||
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