Elk River Wealth Management 13F annual report
Elk River Wealth Management is an investment fund managing more than $511 billion ran by Rita Day. There are currently 76 companies in Mrs. Day’s portfolio. The largest investments include Spdr Ser Tr and Ishares Tr, together worth $132 billion.
$511 billion Assets Under Management (AUM)
As of 24th July 2024, Elk River Wealth Management’s top holding is 376,830 shares of Spdr Ser Tr currently worth over $47.9 billion and making up 9.4% of the portfolio value.
In addition, the fund holds 556,794 shares of Ishares Tr worth $84.4 billion.
The third-largest holding is Invesco Exchange Traded Fd T worth $31.7 billion and the next is Microsoft worth $23.4 billion, with 52,356 shares owned.
Currently, Elk River Wealth Management's portfolio is worth at least $511 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 Elk River Wealth Management
The Elk River Wealth Management office and employees reside in Denver, Colorado. According to the last 13-F report filed with the SEC, Rita Day serves as the Chief Compliance Officer at Elk River Wealth Management.
Recent trades
In the most recent 13F filing, Elk River Wealth Management revealed that it had opened a new position in
Fidelity Covington Trust and bought 1,386 shares worth $238 million.
This means they effectively own approximately 0.1% of the company.
Fidelity Covington Trust makes up
4.8%
of the fund's Miscellaneous sector allocation and has grown its share price by 3.4% in the past year.
The investment fund also strengthened its position in Spdr Ser Tr by buying
14,025 additional shares.
This makes their stake in Spdr Ser Tr total 376,830 shares worth $47.9 billion.
On the other hand, there are companies that Elk River Wealth Management is getting rid of from its portfolio.
Elk River Wealth Management closed its position in Pioneer Nat Res Co on 31st July 2024.
It sold the previously owned 28,011 shares for $7.35 billion.
Rita Day also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $22.3 billion and 106,027 shares.
One of the average hedge funds
The two most similar investment funds to Elk River Wealth Management are Moody Aldrich Partners and Jbf Capital. They manage $511 billion and $511 billion respectively.
Rita Day investment strategy
Elk River Wealth Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 18.8% of
the total portfolio value.
The fund focuses on investments in the United States as
55.3% 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
51% of the total holdings value.
On the other hand, small-cap stocks make up only 5.3% of the portfolio.
The average market cap of the portfolio companies is close to $239 billion.
The complete list of Elk River Wealth Management trades based on 13F SEC filings
These positions were updated on July 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 |
|---|---|---|---|
| Spdr Ser Tr |
3.87%
376,830
|
$47,926,111,000 | 9.38% |
| Ishares Tr |
1.90%
556,794
|
$84,372,316,000 | 16.51% |
| Invesco Exchange Traded Fd T |
1.82%
200,772
|
$31,728,732,000 | 6.21% |
| Microsoft Corporation |
0.53%
52,356
|
$23,400,514,000 | 4.58% |
| Apple Inc |
8.03%
106,027
|
$22,331,407,000 | 4.37% |
| J P Morgan Exchange Traded F |
7.21%
306,665
|
$19,197,229,000 | 3.76% |
| Broadcom Inc. |
1.35%
11,132
|
$17,872,938,000 | 3.50% |
| Alphabet Inc |
0.63%
101,908
|
$18,567,410,000 | 3.63% |
| Amazon.com Inc. |
0.03%
76,624
|
$14,807,599,000 | 2.90% |
| Costco Whsl Corp New |
0.17%
17,321
|
$14,722,677,000 | 2.88% |
| Mastercard Incorporated |
0.41%
25,445
|
$11,225,316,000 | 2.20% |
| Intuit Inc |
0.86%
14,032
|
$9,221,971,000 | 1.80% |
| Pulte Group Inc |
1.87%
83,262
|
$9,183,784,000 | 1.80% |
| Jpmorgan Chase Co. |
0.58%
44,535
|
$9,007,728,000 | 1.76% |
| Unitedhealth Group Inc |
0.36%
17,281
|
$8,800,589,000 | 1.72% |
| Palo Alto Networks Inc |
0.38%
25,881
|
$8,773,918,000 | 1.72% |
| Eli Lilly Co |
3.31%
8,958
|
$8,110,416,000 | 1.59% |
| Exxon Mobil Corp. |
1,459.92%
70,181
|
$8,079,290,000 | 1.58% |
| Oreilly Automotive Inc |
0.86%
7,464
|
$7,882,432,000 | 1.54% |
| Amphenol Corp. |
99.89%
110,204
|
$7,436,557,000 | 1.46% |
| Pioneer Nat Res Co |
Closed
28,011
|
$7,353,113,000 | |
| Honeywell International Inc |
0.40%
33,864
|
$7,231,319,000 | 1.42% |
| Edwards Lifesciences Corp |
0.41%
73,213
|
$6,762,685,000 | 1.32% |
| Texas Instrs Inc |
0.74%
32,755
|
$6,371,830,000 | 1.25% |
| Lowes Cos Inc |
0.97%
28,265
|
$6,231,302,000 | 1.22% |
| Accenture Plc Ireland |
0.75%
20,348
|
$6,173,787,000 | 1.21% |
| Victory Portfolios II |
8.55%
312,385
|
$7,503,444,000 | 1.47% |
| NVIDIA Corp |
16,441.84%
48,633
|
$6,008,122,000 | 1.18% |
| Healthequity Inc |
40.53%
65,964
|
$5,686,097,000 | 1.11% |
| Intercontinental Exchange In |
1.30%
40,122
|
$5,492,349,000 | 1.07% |
| Thermo Fisher Scientific Inc. |
0.73%
9,797
|
$5,421,564,000 | 1.06% |
| Zoetis Inc |
1.03%
29,717
|
$5,151,744,000 | 1.01% |
| Textron Inc. |
1.97%
57,517
|
$4,939,558,000 | 0.97% |
| Morgan Stanley |
0.90%
48,576
|
$4,721,101,000 | 0.92% |
| Union Pac Corp |
1.38%
20,387
|
$4,612,833,000 | 0.90% |
| Monster Beverage Corp. |
51.08%
90,458
|
$4,518,377,000 | 0.88% |
| Adobe Inc |
No change
7,474
|
$4,152,106,000 | 0.81% |
| Pepsico Inc |
0.18%
24,802
|
$4,090,675,000 | 0.80% |
| Starbucks Corp. |
Closed
40,379
|
$3,690,237,000 | |
| Ecolab, Inc. |
0.62%
15,177
|
$3,620,771,000 | 0.71% |
| Church Dwight Co Inc |
0.33%
34,678
|
$3,595,415,000 | 0.70% |
| Blackrock Inc. |
1.73%
4,398
|
$3,462,695,000 | 0.68% |
| Select Sector Spdr Tr |
0.03%
18,476
|
$3,856,355,000 | 0.75% |
| Ulta Beauty Inc |
2.43%
7,153
|
$2,760,128,000 | 0.54% |
| Procter And Gamble Co |
No change
7,139
|
$1,177,364,000 | 0.23% |
| Abbvie Inc |
No change
5,641
|
$967,544,000 | 0.19% |
| Chevron Corp. |
2.85%
5,872
|
$918,498,000 | 0.18% |
| Bok Finl Corp |
14.30%
9,142
|
$837,773,000 | 0.16% |
| Johnson Johnson |
14.20%
5,355
|
$782,687,000 | 0.15% |
| Visa Inc |
No change
2,730
|
$716,543,000 | 0.14% |
| Coca-Cola Co |
No change
9,980
|
$640,067,000 | 0.13% |
| Cadence Design System Inc |
No change
2,000
|
$615,500,000 | 0.12% |
| Pfizer Inc. |
0.27%
21,072
|
$589,595,000 | 0.12% |
| Vanguard Index Fds |
Closed
6,778
|
$586,161,000 | |
| Abbott Labs |
No change
5,430
|
$564,231,000 | 0.11% |
| Wisdomtree Tr |
2.94%
6,567
|
$555,540,000 | 0.11% |
| Vanguard Index Fds |
0.24%
3,394
|
$1,053,948,000 | 0.21% |
| KLA Corp. |
No change
649
|
$535,107,000 | 0.10% |
| Home Depot, Inc. |
3.16%
1,471
|
$506,377,000 | 0.10% |
| RTX Corp |
No change
5,040
|
$505,966,000 | 0.10% |
| Illinois Tool Wks Inc |
No change
2,000
|
$476,720,000 | 0.09% |
| Yum Brands Inc. |
0.69%
2,880
|
$381,485,000 | 0.07% |
| MSCI Inc |
No change
780
|
$375,765,000 | 0.07% |
| Peapack-gladstone Finl Corp |
12.18%
15,500
|
$351,075,000 | 0.07% |
| DoorDash Inc |
No change
3,000
|
$326,340,000 | 0.06% |
| 3M Co. |
No change
3,095
|
$316,278,000 | 0.06% |
| Capital One Finl Corp |
No change
2,000
|
$276,900,000 | 0.05% |
| Ishares Tr |
Closed
3,553
|
$263,704,000 | |
| Caterpillar Inc. |
25.00%
750
|
$249,825,000 | 0.05% |
| Spdr Sp 500 Etf Tr |
Closed
458
|
$240,297,000 | |
| Fidelity Covington Trust |
Opened
1,386
|
$237,727,000 | 0.05% |
| Merck Co Inc |
No change
1,878
|
$233,942,000 | 0.05% |
| Salesforce Inc |
4.27%
897
|
$230,619,000 | 0.05% |
| Amplify Etf Tr |
No change
3,500
|
$226,555,000 | 0.04% |
| Novartis AG |
No change
2,060
|
$219,308,000 | 0.04% |
| Chipotle Mexican Grill |
4,900.00%
3,450
|
$216,142,000 | 0.04% |
| Colgate-Palmolive Co. |
Opened
2,200
|
$213,488,000 | 0.04% |
| Dimensional Etf Trust |
6.33%
6,541
|
$210,897,000 | 0.04% |
| Philip Morris International Inc |
Opened
2,000
|
$205,260,000 | 0.04% |
| Vanguard Tax-managed Fds |
Closed
4,075
|
$204,443,000 | |
| Cullen Frost Bankers Inc. |
No change
2,000
|
$203,260,000 | 0.04% |
| Cisco Sys Inc |
Closed
4,070
|
$203,134,000 | |
| Alphatec Holdings Inc |
No change
10,000
|
$104,500,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 83 holdings | |||
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