Tower Wealth Partners 13F annual report
Tower Wealth Partners is an investment fund managing more than $160 billion ran by Darin Koss. There are currently 58 companies in Mrs. Koss’s portfolio. The largest investments include Victory Portfolios II and Spdr Ser Tr, together worth $36.2 billion.
$160 billion Assets Under Management (AUM)
As of 2nd August 2024, Tower Wealth Partners’s top holding is 405,459 shares of Victory Portfolios II currently worth over $18.4 billion and making up 11.5% of the portfolio value.
Relative to the number of outstanding shares of Victory Portfolios II, Tower Wealth Partners owns more than approximately 0.1% of the company.
In addition, the fund holds 238,243 shares of Spdr Ser Tr worth $17.8 billion.
The third-largest holding is Ishares Tr worth $30.2 billion and the next is Janus Detroit Str Tr worth $13.5 billion, with 264,430 shares owned.
Currently, Tower Wealth Partners's portfolio is worth at least $160 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 Tower Wealth Partners
The Tower Wealth Partners office and employees reside in Lewisburg, Pennsylvania. According to the last 13-F report filed with the SEC, Darin Koss serves as the Chief Compliance Officer at Tower Wealth Partners.
Recent trades
In the most recent 13F filing, Tower Wealth Partners revealed that it had opened a new position in
Spdr Index Shs Fds and bought 149,546 shares worth $5.28 billion.
The investment fund also strengthened its position in Victory Portfolios II by buying
8,973 additional shares.
This makes their stake in Victory Portfolios II total 405,459 shares worth $18.4 billion.
Victory Portfolios II soared 2.8% in the past year.
On the other hand, there are companies that Tower Wealth Partners is getting rid of from its portfolio.
Tower Wealth Partners closed its position in Dbx Etf Tr on 9th August 2024.
It sold the previously owned 210,132 shares for $5.03 billion.
Darin Koss also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $30.2 billion and 410,518 shares.
One of the smallest hedge funds
The two most similar investment funds to Tower Wealth Partners are Minerva Advisors and Viawealth. They manage $160 billion and $160 billion respectively.
Darin Koss investment strategy
Tower Wealth Partners’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 3.0% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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 3.4% of the portfolio.
The average market cap of the portfolio companies is close to $331 billion.
The complete list of Tower Wealth Partners trades based on 13F SEC filings
These positions were updated on August 9th 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 |
|---|---|---|---|
| Victory Portfolios II |
2.26%
405,459
|
$18,424,057,000 | 11.52% |
| Spdr Ser Tr |
2.61%
238,243
|
$17,767,681,000 | 11.11% |
| Ishares Tr |
3.10%
410,518
|
$30,224,954,000 | 18.89% |
| Janus Detroit Str Tr |
36.11%
264,430
|
$13,454,198,000 | 8.41% |
| Amplify Etf Tr |
1.46%
333,565
|
$12,908,966,000 | 8.07% |
| American Centy Etf Tr |
1.35%
133,459
|
$11,973,941,000 | 7.49% |
| First Tr Exchng Traded Fd Vi |
2.51%
371,059
|
$10,731,026,000 | 6.71% |
| First Tr Exchange-traded Fd |
17.12%
231,566
|
$10,584,882,000 | 6.62% |
| Spdr Index Shs Fds |
Opened
149,546
|
$5,278,974,000 | 3.30% |
| Dbx Etf Tr |
Closed
210,132
|
$5,027,387,000 | |
| Apple Inc |
8.90%
11,675
|
$2,458,988,000 | 1.54% |
| First Tr Exch Traded Fd Iii |
Closed
40,124
|
$2,060,769,000 | |
| Procter And Gamble Co |
1.04%
11,809
|
$1,947,540,000 | 1.22% |
| Exxon Mobil Corp. |
0.06%
16,193
|
$1,864,138,000 | 1.17% |
| Wisdomtree Tr |
23.54%
69,275
|
$1,544,832,000 | 0.97% |
| Microsoft Corporation |
12.09%
3,004
|
$1,342,638,000 | 0.84% |
| Home Depot, Inc. |
3.27%
3,501
|
$1,205,184,000 | 0.75% |
| Vaneck Merk Gold Tr |
7.88%
50,184
|
$1,127,133,000 | 0.70% |
| PPL Corp |
0.33%
39,271
|
$1,085,842,000 | 0.68% |
| Merck Co Inc |
27.05%
7,882
|
$975,844,000 | 0.61% |
| Proshares Tr |
4.24%
12,711
|
$935,657,000 | 0.58% |
| Amazon.com Inc. |
20.89%
4,474
|
$864,600,000 | 0.54% |
| Visa Inc |
14.04%
2,851
|
$748,302,000 | 0.47% |
| Berkshire Hathaway Inc. |
No change
1,528
|
$621,590,000 | 0.39% |
| Vanguard Index Fds |
No change
2,220
|
$593,872,000 | 0.37% |
| Unitedhealth Group Inc |
0.29%
1,047
|
$533,195,000 | 0.33% |
| Mcdonalds Corp |
1.52%
1,941
|
$494,644,000 | 0.31% |
| Goldman Sachs Group, Inc. |
7.41%
1,049
|
$474,484,000 | 0.30% |
| Chevron Corp. |
21.04%
2,943
|
$460,344,000 | 0.29% |
| Jpmorgan Chase Co. |
21.22%
2,142
|
$433,241,000 | 0.27% |
| Morgan Stanley Etf Trust |
Opened
8,728
|
$432,996,000 | 0.27% |
| Verizon Communications Inc |
9.43%
10,497
|
$432,896,000 | 0.27% |
| Oneok Inc. |
0.86%
5,173
|
$421,855,000 | 0.26% |
| Johnson Johnson |
15.38%
2,866
|
$418,895,000 | 0.26% |
| Ishares Tr |
Closed
3,872
|
$400,899,000 | |
| Tri Contl Corp |
1.90%
12,719
|
$393,900,000 | 0.25% |
| Caterpillar Inc. |
10.64%
1,154
|
$384,397,000 | 0.24% |
| Att Inc |
No change
20,001
|
$382,219,000 | 0.24% |
| International Business Machs |
0.49%
2,031
|
$351,261,000 | 0.22% |
| AMGEN Inc. |
41.59%
1,120
|
$349,944,000 | 0.22% |
| Costco Whsl Corp New |
Opened
378
|
$321,296,000 | 0.20% |
| Honeywell International Inc |
Opened
1,500
|
$320,310,000 | 0.20% |
| Republic Svcs Inc |
23.41%
1,587
|
$308,418,000 | 0.19% |
| Qualcomm, Inc. |
Opened
1,527
|
$304,148,000 | 0.19% |
| Quanta Svcs Inc |
4.62%
1,088
|
$276,450,000 | 0.17% |
| Broadcom Inc. |
3.95%
170
|
$272,940,000 | 0.17% |
| Walmart Inc |
42.20%
4,025
|
$272,555,000 | 0.17% |
| Alphabet Inc |
Opened
1,484
|
$270,311,000 | 0.17% |
| Builders Firstsource Inc |
Closed
1,266
|
$264,024,000 | |
| Tjx Cos Inc New |
Opened
2,365
|
$260,386,000 | 0.16% |
| Essential Utils Inc |
6.77%
6,718
|
$250,783,000 | 0.16% |
| Automatic Data Processing In |
7.26%
1,019
|
$243,225,000 | 0.15% |
| Abbvie Inc |
15.98%
1,415
|
$242,701,000 | 0.15% |
| KLA Corp. |
Opened
291
|
$239,932,000 | 0.15% |
| Weis Mkts Inc |
No change
3,769
|
$236,580,000 | 0.15% |
| Salesforce Inc |
1.49%
883
|
$227,019,000 | 0.14% |
| Freeport-McMoRan Inc |
Opened
4,608
|
$223,949,000 | 0.14% |
| Watsco, Inc. |
No change
483
|
$223,745,000 | 0.14% |
| CME Group Inc |
27.82%
1,126
|
$221,372,000 | 0.14% |
| Deckers Outdoor Corp. |
Opened
221
|
$213,917,000 | 0.13% |
| Cencora Inc. |
Opened
927
|
$208,853,000 | 0.13% |
| United Parcel Service, Inc. |
0.34%
1,487
|
$203,496,000 | 0.13% |
| No transactions found | |||
| Showing first 500 out of 62 holdings | |||
Hedge funds similar to Tower Wealth Partners
- Boyd Wealth Management
- Altman Advisors
- Bickling Services
- New Insight Wealth Advisors
- Lcm Capital Management Inc
- Nvest
- Minerva Advisors
- Viawealth
- Cowa
- Carl Stuart Investment Advisor, Inc
- Nucleo Capital Ltda
- Profit Investment Management
- Bislett Management
- Power Wealth Management