Professional Advisors 13F annual report
Professional Advisors is an investment fund managing more than $220 billion ran by Marc Werkmeister. There are currently 58 companies in Mr. Werkmeister’s portfolio. The largest investments include Spdr Ser Tr and Vanguard Index Fds, together worth $94.3 billion.
$220 billion Assets Under Management (AUM)
As of 18th October 2023, Professional Advisors’s top holding is 1,306,629 shares of Spdr Ser Tr currently worth over $71.5 billion and making up 32.5% of the portfolio value.
In addition, the fund holds 65,128 shares of Vanguard Index Fds worth $22.8 billion.
The third-largest holding is Ishares Tr worth $19 billion and the next is Vanguard Star Fds worth $8.56 billion, with 159,936 shares owned.
Currently, Professional Advisors's portfolio is worth at least $220 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 Professional Advisors
The Professional Advisors office and employees reside in North Platte, Nebraska. According to the last 13-F report filed with the SEC, Marc Werkmeister serves as the Member/Chief Compliance Officer at Professional Advisors.
Recent trades
In the most recent 13F filing, Professional Advisors revealed that it had opened a new position in
Ishares Tr and bought 225,258 shares worth $19 billion.
The investment fund also strengthened its position in Spdr Ser Tr by buying
7,710 additional shares.
This makes their stake in Spdr Ser Tr total 1,306,629 shares worth $71.5 billion.
On the other hand, there are companies that Professional Advisors is getting rid of from its portfolio.
Professional Advisors closed its position in Ishares Tr on 25th October 2023.
It sold the previously owned 126,693 shares for $7.73 billion.
Marc Werkmeister also disclosed a decreased stake in Proshares Tr by approximately 0.1%.
This leaves the value of the investment at $6.94 billion and 129,969 shares.
One of the smaller hedge funds
The two most similar investment funds to Professional Advisors are Prentice Wealth Management and American Assets Inc. They manage $221 billion and $220 billion respectively.
Marc Werkmeister investment strategy
Professional Advisors’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.9% of
the total portfolio value.
The fund focuses on investments in the United States as
34.5% 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
31% of the total holdings value.
On the other hand, small-cap stocks make up only 5.2% of the portfolio.
The average market cap of the portfolio companies is close to $422 billion.
The complete list of Professional Advisors trades based on 13F SEC filings
These positions were updated on October 25th 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 |
0.59%
1,306,629
|
$71,525,704,000 | 32.45% |
| Vanguard Index Fds |
51.17%
65,128
|
$22,755,894,000 | 10.32% |
| Ishares Tr |
Opened
225,258
|
$19,015,481,000 | 8.63% |
| Vanguard Star Fds |
1.43%
159,936
|
$8,559,793,000 | 3.88% |
| Proshares Tr |
3.54%
129,969
|
$6,937,757,000 | 3.15% |
| Ishares Tr |
Closed
126,693
|
$7,733,440,000 | |
| Wisdomtree Tr |
2.77%
388,592
|
$12,316,782,000 | 5.59% |
| Ishares Tr |
0.47%
244,303
|
$14,714,742,000 | 6.68% |
| Union Pac Corp |
2.57%
19,236
|
$3,917,015,000 | 1.78% |
| Berkshire Hathaway Inc. |
2.36%
8,969
|
$3,141,841,000 | 1.43% |
| Litman Gregory Fds Tr |
Opened
101,886
|
$2,944,495,000 | 1.34% |
| Wisdomtree Tr |
Opened
58,115
|
$2,924,333,000 | 1.33% |
| Spdr Ser Tr |
Opened
43,986
|
$3,122,215,000 | 1.42% |
| Invesco Exch Traded Fd Tr Ii |
6.11%
93,095
|
$4,232,992,000 | 1.92% |
| Vanguard Wellington Fd |
5.09%
23,102
|
$2,594,626,000 | 1.18% |
| Vanguard Scottsdale Fds |
Opened
34,973
|
$2,320,124,000 | 1.05% |
| Apple Inc |
0.39%
13,264
|
$2,270,962,000 | 1.03% |
| Microsoft Corporation |
0.98%
5,956
|
$1,880,753,000 | 0.85% |
| Advisorshares Tr |
1.00%
67,083
|
$1,836,075,000 | 0.83% |
| Ishares Inc |
1.14%
17,699
|
$1,688,799,000 | 0.77% |
| Cambria Etf Tr |
2.51%
70,908
|
$1,869,735,000 | 0.85% |
| Amazon.com Inc. |
3.02%
11,653
|
$1,481,329,000 | 0.67% |
| Putnam ETF Trust |
7.69%
70,181
|
$2,072,873,000 | 0.94% |
| Spdr Gold Tr |
7.09%
8,139
|
$1,395,432,000 | 0.63% |
| Alphabet Inc |
2.45%
10,418
|
$1,373,613,000 | 0.62% |
| Lamb Weston Holdings Inc |
No change
14,586
|
$1,348,622,000 | 0.61% |
| Conagra Brands Inc |
No change
41,070
|
$1,126,147,000 | 0.51% |
| Walmart Inc |
0.09%
7,009
|
$1,120,871,000 | 0.51% |
| Booking Holdings Inc |
2.53%
347
|
$1,070,131,000 | 0.49% |
| Cambria Etf Tr |
Opened
80,872
|
$1,046,478,000 | 0.47% |
| Vanguard Whitehall Fds |
0.02%
14,398
|
$1,026,998,000 | 0.47% |
| Mastercard Incorporated |
1.16%
2,472
|
$978,875,000 | 0.44% |
| Carmax Inc |
2.56%
13,756
|
$972,962,000 | 0.44% |
| Unitedhealth Group Inc |
0.89%
1,922
|
$968,827,000 | 0.44% |
| Meta Platforms Inc |
15.29%
3,058
|
$918,042,000 | 0.42% |
| Spdr Index Shs Fds |
0.94%
56,024
|
$1,982,226,000 | 0.90% |
| Fidelity Merrimack Str Tr |
Opened
19,694
|
$857,880,000 | 0.39% |
| VanEck ETF Trust |
4.00%
29,231
|
$786,609,000 | 0.36% |
| Schwab Charles Corp |
2.51%
13,689
|
$751,503,000 | 0.34% |
| Simplify Exchange Traded Fun |
Opened
64,299
|
$1,313,954,000 | 0.60% |
| Capital Group Dividend Value |
0.01%
27,639
|
$731,608,000 | 0.33% |
| Capital Group Gbl Growth Eqt |
1.14%
31,466
|
$721,201,000 | 0.33% |
| Capital Group Growth Etf |
1.20%
29,091
|
$712,726,000 | 0.32% |
| Vanguard Intl Equity Index F |
45.67%
13,708
|
$711,016,000 | 0.32% |
| Visa Inc |
10.28%
2,639
|
$607,061,000 | 0.28% |
| Procter And Gamble Co |
0.18%
3,265
|
$476,237,000 | 0.22% |
| Tesla Inc |
3.36%
1,878
|
$469,913,000 | 0.21% |
| Ishares Silver Tr |
1.95%
22,422
|
$456,063,000 | 0.21% |
| Ssga Active Tr |
Closed
7,483
|
$324,450,000 | |
| Spdr Sp 500 Etf Tr |
34.77%
748
|
$319,559,000 | 0.14% |
| Invesco Exch Traded Fd Tr Ii |
Opened
7,763
|
$314,360,000 | 0.14% |
| Pimco Etf Tr |
Opened
5,118
|
$256,283,000 | 0.12% |
| Abbvie Inc |
No change
1,582
|
$235,810,000 | 0.11% |
| Home Depot, Inc. |
No change
754
|
$227,829,000 | 0.10% |
| Vanguard Bd Index Fds |
Opened
3,000
|
$216,944,000 | 0.10% |
| Dorian LPG Ltd |
Opened
7,310
|
$210,016,000 | 0.10% |
| Spdr Ser Tr |
Closed
1,389
|
$206,257,000 | |
| Applied Matls Inc |
Closed
1,412
|
$204,135,000 | |
| Northern Lts Fd Tr Iv |
66.99%
8,325
|
$204,087,000 | 0.09% |
| Rockwell Automation Inc |
No change
700
|
$200,109,000 | 0.09% |
| Att Inc |
3.21%
10,832
|
$162,695,000 | 0.07% |
| Brainstorm Cell Therapeutics, Inc. |
No change
17,279
|
$3,458,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 62 holdings | |||
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