Bank Of The West 13F annual report
Bank Of The West is an investment fund managing more than $767 million ran by Wade Balliet. There are currently 174 companies in Mr. Balliet’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $96.7 million.
$767 million Assets Under Management (AUM)
As of 24th October 2022, Bank Of The West’s top holding is 412,894 shares of Apple Inc currently worth over $57.1 million and making up 7.4% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Bank Of The West owns more than approximately 0.1% of the company.
In addition, the fund holds 170,030 shares of Microsoft worth $39.6 million, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Alphabet Inc worth $29.2 million and the next is Amazon.com worth $25.1 million, with 222,098 shares owned.
Currently, Bank Of The West's portfolio is worth at least $767 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 Bank Of The West
The Bank Of The West office and employees reside in Los Angeles, California. According to the last 13-F report filed with the SEC, Wade Balliet serves as the Executive Vice President-Wealth Management Group at Bank Of The West.
Recent trades
In the most recent 13F filing, Bank Of The West revealed that it had opened a new position in
Cit Inc and bought 953,478 shares worth $8.95 million.
The investment fund also strengthened its position in Alphabet Inc by buying
289,821 additional shares.
This makes their stake in Alphabet Inc total 305,423 shares worth $29.2 million.
Alphabet Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Bank Of The West is getting rid of from its portfolio.
Bank Of The West closed its position in Berkshire Hathaway on 31st October 2022.
It sold the previously owned 1 shares for $409 thousand.
Wade Balliet also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $57.1 million and 412,894 shares.
One of the average hedge funds
The two most similar investment funds to Bank Of The West are Elm Partners Management and Main Street Solutions. They manage $767 million and $768 million respectively.
Wade Balliet investment strategy
Bank Of The West’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 16.6% of
the total portfolio value.
The fund focuses on investments in the United States as
54.6% 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
53% of the total holdings value.
On the other hand, small-cap stocks make up only 2.3% of the portfolio.
The average market cap of the portfolio companies is close to $154 billion.
The complete list of Bank Of The West trades based on 13F SEC filings
These positions were updated on October 31st 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 |
1.58%
412,894
|
$57,062,000 | 7.44% |
| Microsoft Corporation |
1.13%
170,030
|
$39,600,000 | 5.17% |
| Alphabet Inc |
1,857.59%
305,423
|
$29,218,000 | 3.81% |
| Amazon.com Inc. |
1.57%
222,098
|
$25,097,000 | 3.27% |
| Spdr Sp 500 Etf Tr |
6.49%
57,155
|
$20,414,000 | 2.66% |
| Ishares Tr |
29.55%
1,654,012
|
$107,633,000 | 14.04% |
| 1unitedhealth Group Inc |
2.41%
30,409
|
$15,358,000 | 2.00% |
| Jpmorgan Chase And Co |
3.33%
135,996
|
$14,211,000 | 1.85% |
| Visa Inc |
4.07%
73,844
|
$13,118,000 | 1.71% |
| Broadcom Inc. |
2.08%
29,240
|
$12,983,000 | 1.69% |
| Chevron Corp. |
0.38%
85,144
|
$12,233,000 | 1.60% |
| Goldman Sachs Group, Inc. |
1.02%
41,189
|
$12,071,000 | 1.57% |
| Spdr Gold Tr |
10.88%
70,920
|
$10,969,000 | 1.43% |
| Morgan Stanley |
1.68%
138,400
|
$10,935,000 | 1.43% |
| Merck And Co Inc |
1.44%
117,539
|
$10,122,000 | 1.32% |
| Coca-Cola Co |
1.09%
169,070
|
$9,472,000 | 1.24% |
| Qualcomm, Inc. |
2.50%
83,648
|
$9,451,000 | 1.23% |
| Cit Inc |
Opened
953,478
|
$8,953,000 | 1.17% |
| Bk Of America Corp |
8.57%
280,887
|
$8,483,000 | 1.11% |
| Meta Platforms Inc |
3.54%
60,076
|
$8,152,000 | 1.06% |
| Abbvie Inc |
2.06%
54,162
|
$7,269,000 | 0.95% |
| United Rentals, Inc. |
1.19%
26,029
|
$7,031,000 | 0.92% |
| Home Depot, Inc. |
1.51%
24,840
|
$6,854,000 | 0.89% |
| Microchip Technology, Inc. |
3.50%
111,814
|
$6,824,000 | 0.89% |
| Union Pac Corp |
1.72%
34,206
|
$6,664,000 | 0.87% |
| NVIDIA Corp |
1.07%
54,063
|
$6,563,000 | 0.86% |
| NextEra Energy Inc |
1.07%
82,833
|
$6,495,000 | 0.85% |
| Accenture Plc Ireland |
0.02%
24,562
|
$6,320,000 | 0.82% |
| American Tower Corp. |
0.06%
28,968
|
$6,220,000 | 0.81% |
| Schlumberger Ltd. |
2.56%
164,401
|
$5,902,000 | 0.77% |
| Walmart Inc |
0.53%
44,431
|
$5,762,000 | 0.75% |
| Thermo Fisher Scientific Inc. |
3.41%
11,079
|
$5,619,000 | 0.73% |
| Marathon Pete Corp |
1.94%
54,787
|
$5,442,000 | 0.71% |
| Abbott Labs |
0.16%
55,772
|
$5,396,000 | 0.70% |
| Applied Matls Inc |
7.02%
65,618
|
$5,376,000 | 0.70% |
| Blackrock Inc. |
2.77%
9,408
|
$5,177,000 | 0.68% |
| Disney Walt Co |
4.64%
53,518
|
$5,048,000 | 0.66% |
| Johnson And Johnson |
7.60%
30,826
|
$5,036,000 | 0.66% |
| Pfizer Inc. |
0.19%
114,590
|
$5,014,000 | 0.65% |
| Indexiq Etf Tr |
3.36%
171,988
|
$4,771,000 | 0.62% |
| Vanguard Intl Equity Index F |
5.03%
130,606
|
$4,766,000 | 0.62% |
| First Rep Bk San Francisco C |
1.77%
34,476
|
$4,501,000 | 0.59% |
| Salesforce Inc |
1.07%
31,289
|
$4,501,000 | 0.59% |
| MetLife, Inc. |
1.15%
71,753
|
$4,362,000 | 0.57% |
| Prologis Inc |
1.70%
42,006
|
$4,268,000 | 0.56% |
| Mcdonalds Corp |
10.97%
18,243
|
$4,209,000 | 0.55% |
| Procter And Gamble Co |
11.01%
30,358
|
$3,833,000 | 0.50% |
| Nike, Inc. |
0.85%
46,094
|
$3,831,000 | 0.50% |
| Delta Air Lines, Inc. |
0.16%
136,149
|
$3,820,000 | 0.50% |
| Spdr Sp Midcap 400 Etf Tr |
4.41%
9,375
|
$3,765,000 | 0.49% |
| Target Corp |
3.43%
25,153
|
$3,732,000 | 0.49% |
| Gilead Sciences, Inc. |
7.27%
60,033
|
$3,704,000 | 0.48% |
| Zoetis Inc |
2.99%
23,381
|
$3,467,000 | 0.45% |
| Vulcan Matls Co |
2.31%
21,681
|
$3,419,000 | 0.45% |
| Honeywell International Inc |
3.03%
20,344
|
$3,397,000 | 0.44% |
| Philip Morris International Inc |
0.92%
40,124
|
$3,331,000 | 0.43% |
| Dollar Gen Corp New |
1.98%
13,784
|
$3,307,000 | 0.43% |
| United Parcel Service, Inc. |
8.24%
20,461
|
$3,305,000 | 0.43% |
| Lam Research Corp. |
2.90%
9,010
|
$3,298,000 | 0.43% |
| Bristol-Myers Squibb Co. |
2.27%
44,156
|
$3,139,000 | 0.41% |
| Ulta Beauty Inc |
11.69%
7,649
|
$3,068,000 | 0.40% |
| 1ishares Tr |
1.38%
23,841
|
$3,064,000 | 0.40% |
| Caterpillar Inc. |
5.13%
18,476
|
$3,031,000 | 0.40% |
| Schwab Strategic Tr |
17.51%
106,165
|
$2,986,000 | 0.39% |
| Dbx Etf Tr |
10.08%
97,220
|
$2,912,000 | 0.38% |
| International Business Machs |
7.98%
23,818
|
$2,830,000 | 0.37% |
| Eog Res Inc |
0.65%
25,209
|
$2,817,000 | 0.37% |
| Comcast Corp New |
0.17%
94,840
|
$2,781,000 | 0.36% |
| Sempra |
11.61%
18,249
|
$2,736,000 | 0.36% |
| Linde Plc |
0.64%
10,091
|
$2,721,000 | 0.35% |
| Ishares Gold Tr |
0.23%
85,404
|
$2,693,000 | 0.35% |
| Monster Beverage Corp. |
10.31%
30,804
|
$2,679,000 | 0.35% |
| Chipotle Mexican Grill |
13.05%
1,752
|
$2,633,000 | 0.34% |
| Quanta Svcs Inc |
2.26%
20,363
|
$2,594,000 | 0.34% |
| Becton, Dickinson And Co. |
7.53%
11,582
|
$2,581,000 | 0.34% |
| Starbucks Corp. |
0.92%
30,272
|
$2,551,000 | 0.33% |
| Netflix Inc. |
2.23%
10,394
|
$2,448,000 | 0.32% |
| IQVIA Holdings Inc |
2.15%
13,441
|
$2,435,000 | 0.32% |
| Costco Whsl Corp New |
1.95%
5,082
|
$2,400,000 | 0.31% |
| Spdr Ser Tr |
209.97%
37,739
|
$2,389,000 | 0.31% |
| CVS Health Corp |
4.84%
24,751
|
$2,360,000 | 0.31% |
| Booking Holdings Inc |
7.92%
1,431
|
$2,351,000 | 0.31% |
| Advanced Micro Devices Inc. |
9.52%
35,790
|
$2,267,000 | 0.30% |
| Citigroup Inc |
18.95%
54,264
|
$2,262,000 | 0.30% |
| Sysco Corp. |
53.62%
30,697
|
$2,171,000 | 0.28% |
| Duke Energy Corp. |
7.39%
22,882
|
$2,128,000 | 0.28% |
| Pepsico Inc |
0.32%
12,911
|
$2,108,000 | 0.27% |
| Freeport-McMoRan Inc |
2.32%
74,676
|
$2,041,000 | 0.27% |
| Att Inc |
9.29%
129,724
|
$1,990,000 | 0.26% |
| Renovorx Inc |
No change
975,000
|
$1,970,000 | 0.26% |
| Invesco Exch Traded Fd Tr Ii |
10.44%
75,236
|
$1,927,000 | 0.25% |
| Verizon Communications Inc |
19.39%
49,897
|
$1,894,000 | 0.25% |
| Lyondellbasell Industries N |
2.01%
24,924
|
$1,876,000 | 0.24% |
| Mastercard Incorporated |
14.25%
6,038
|
$1,717,000 | 0.22% |
| American Wtr Wks Co Inc New |
6.43%
12,017
|
$1,565,000 | 0.20% |
| Republic Svcs Inc |
1.99%
10,764
|
$1,464,000 | 0.19% |
| Berkshire Hathaway Inc. |
10.58%
5,445
|
$1,454,000 | 0.19% |
| Vanguard Index Fds |
39.83%
22,070
|
$3,767,000 | 0.49% |
| Dow Inc |
0.30%
31,641
|
$1,390,000 | 0.18% |
| Elevance Health Inc |
6.38%
3,051
|
$1,386,000 | 0.18% |
| Qorvo Inc |
2.80%
17,378
|
$1,380,000 | 0.18% |
| Teradyne, Inc. |
1.95%
17,922
|
$1,347,000 | 0.18% |
| Raytheon Technologies Corporation |
1.12%
14,033
|
$1,148,000 | 0.15% |
| Caesars Entertainment Inc Ne |
6.82%
34,716
|
$1,120,000 | 0.15% |
| Lightning Emotors Inc |
No change
709,821
|
$1,100,000 | 0.14% |
| Douglas Emmett Inc |
No change
60,000
|
$1,076,000 | 0.14% |
| Paychex Inc. |
0.62%
9,106
|
$1,022,000 | 0.13% |
| Intuitive Surgical Inc |
No change
5,121
|
$960,000 | 0.13% |
| Danaher Corp. |
2.92%
3,660
|
$945,000 | 0.12% |
| Vanguard Specialized Funds |
No change
6,890
|
$931,000 | 0.12% |
| Exxon Mobil Corp. |
29.29%
10,637
|
$929,000 | 0.12% |
| Cisco Sys Inc |
7.88%
23,075
|
$923,000 | 0.12% |
| Automatic Data Processing In |
1.95%
3,774
|
$853,000 | 0.11% |
| General Dynamics Corp. |
4.60%
3,858
|
$819,000 | 0.11% |
| Airbnb, Inc. |
0.72%
7,429
|
$780,000 | 0.10% |
| Royal Caribbean Group |
5.80%
20,530
|
$778,000 | 0.10% |
| Boeing Co. |
25.28%
6,334
|
$766,000 | 0.10% |
| Laboratory Corp Amer Hldgs |
0.41%
3,718
|
$761,000 | 0.10% |
| Corteva Inc |
1.90%
12,932
|
$739,000 | 0.10% |
| Prudential Finl Inc |
1.60%
8,511
|
$730,000 | 0.10% |
| Adobe Systems Incorporated |
13.64%
2,565
|
$706,000 | 0.09% |
| Sherwin-Williams Co. |
No change
3,381
|
$693,000 | 0.09% |
| Lockheed Martin Corp. |
6.43%
1,791
|
$692,000 | 0.09% |
| Altria Group Inc. |
No change
15,719
|
$635,000 | 0.08% |
| Intel Corp. |
2.65%
23,850
|
$614,000 | 0.08% |
| Lauder Estee Cos Inc |
1.67%
2,583
|
$558,000 | 0.07% |
| VanEck ETF Trust |
4.34%
23,417
|
$1,089,000 | 0.14% |
| Abrdn Precious Metals Basket |
28.44%
6,514
|
$529,000 | 0.07% |
| Lilly Eli And Co |
0.31%
1,629
|
$527,000 | 0.07% |
| 3M Co. |
1.00%
4,764
|
$527,000 | 0.07% |
| Amerisourcebergen Corp |
No change
3,802
|
$515,000 | 0.07% |
| Select Sector Spdr Tr |
11.39%
37,133
|
$2,487,000 | 0.32% |
| Iron Mtn Inc Del |
No change
11,340
|
$499,000 | 0.07% |
| Aflac Inc. |
3.80%
8,585
|
$483,000 | 0.06% |
| Mondelez International Inc. |
33.20%
8,706
|
$477,000 | 0.06% |
| Norfolk Southn Corp |
4.95%
2,264
|
$475,000 | 0.06% |
| Arista Networks Inc |
2.48%
4,099
|
$463,000 | 0.06% |
| Tesla Inc |
360.00%
1,725
|
$458,000 | 0.06% |
| NRG Energy Inc. |
1.58%
11,701
|
$448,000 | 0.06% |
| Schwab Charles Corp |
2.61%
5,831
|
$419,000 | 0.05% |
| Air Prods And Chems Inc |
1.11%
1,777
|
$414,000 | 0.05% |
| Lowes Cos Inc |
84.67%
2,181
|
$410,000 | 0.05% |
| Berkshire Hathaway Inc. |
Closed
1
|
$409,000 | |
| Agilent Technologies Inc. |
No change
3,237
|
$393,000 | 0.05% |
| Wells Fargo Co New |
1.34%
9,205
|
$371,000 | 0.05% |
| Vertex Pharmaceuticals, Inc. |
3.34%
1,267
|
$367,000 | 0.05% |
| Oracle Corp. |
2.45%
5,776
|
$353,000 | 0.05% |
| Palo Alto Networks Inc |
324.20%
2,121
|
$347,000 | 0.05% |
| Kimberly-Clark Corp. |
3.66%
2,975
|
$335,000 | 0.04% |
| PayPal Holdings Inc |
10.86%
3,850
|
$331,000 | 0.04% |
| Phillips Edison And Co Inc |
No change
11,442
|
$321,000 | 0.04% |
| Select Sector Spdr Tr |
Opened
2,612
|
$316,000 | 0.04% |
| Direxion Shs Etf Tr |
No change
5,780
|
$310,000 | 0.04% |
| Moodys Corp |
No change
1,261
|
$307,000 | 0.04% |
| Select Sector Spdr Tr |
Closed
5,434
|
$295,000 | |
| Kinder Morgan Inc |
39.26%
17,715
|
$295,000 | 0.04% |
| Emerson Elec Co |
1.83%
4,019
|
$294,000 | 0.04% |
| Fedex Corp |
1.47%
1,946
|
$289,000 | 0.04% |
| Ishares Tr |
Closed
2,832
|
$288,000 | |
| RPM International, Inc. |
No change
3,300
|
$275,000 | 0.04% |
| Spdr Ser Tr |
Closed
15,838
|
$506,000 | |
| Carrier Global Corporation |
No change
7,603
|
$270,000 | 0.04% |
| Marsh And Mclennan Cos Inc |
3.00%
1,811
|
$270,000 | 0.04% |
| General Electric Co. |
2.97%
4,339
|
$269,000 | 0.04% |
| Johnson Ctls Intl Plc |
No change
5,417
|
$267,000 | 0.03% |
| Schwab Strategic Tr |
Opened
6,232
|
$264,000 | 0.03% |
| HP Inc |
No change
10,600
|
$264,000 | 0.03% |
| Genuine Parts Co. |
No change
1,650
|
$246,000 | 0.03% |
| Otis Worldwide Corporation |
4.30%
3,807
|
$243,000 | 0.03% |
| Capital One Finl Corp |
No change
2,584
|
$238,000 | 0.03% |
| Epam Sys Inc |
34.41%
652
|
$236,000 | 0.03% |
| Cognizant Technology Solutio |
Closed
3,481
|
$234,000 | |
| Invesco Exch Traded Fd Tr Ii |
Opened
9,990
|
$221,000 | 0.03% |
| Tyson Foods, Inc. |
3.77%
3,294
|
$217,000 | 0.03% |
| Keysight Technologies Inc |
Opened
1,372
|
$216,000 | 0.03% |
| Valero Energy Corp. |
8.62%
1,908
|
$204,000 | 0.03% |
| Mdu Res Group Inc |
Opened
7,432
|
$203,000 | 0.03% |
| Seagate Technology Hldngs Pl |
Closed
2,815
|
$201,000 | |
| Hewlett Packard Enterprise C |
No change
10,400
|
$125,000 | 0.02% |
| Sky Harbour Group Corporatio |
No change
10,000
|
$37,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 180 holdings | |||
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