Fountainhead Am 13F annual report
Fountainhead Am is an investment fund managing more than $417 billion ran by Joseph Halpern. There are currently 96 companies in Mr. Halpern’s portfolio. The largest investments include Ishares Tr and Schwab Strategic Tr, together worth $177 billion.
$417 billion Assets Under Management (AUM)
As of 19th July 2024, Fountainhead Am’s top holding is 1,153,386 shares of Ishares Tr currently worth over $153 billion and making up 36.8% of the portfolio value.
In addition, the fund holds 238,850 shares of Schwab Strategic Tr worth $23.2 billion.
The third-largest holding is Vanguard Index Fds worth $54.3 billion and the next is J P Morgan Exchange Traded F worth $15.6 billion, with 279,502 shares owned.
Currently, Fountainhead Am's portfolio is worth at least $417 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 Fountainhead Am
The Fountainhead Am office and employees reside in Warren, New Jersey. According to the last 13-F report filed with the SEC, Joseph Halpern serves as the Chief Compliance Officer at Fountainhead Am.
Recent trades
In the most recent 13F filing, Fountainhead Am revealed that it had opened a new position in
J P Morgan Exchange Traded F and bought 279,502 shares worth $15.6 billion.
The investment fund also strengthened its position in Vanguard Index Fds by buying
43,331 additional shares.
This makes their stake in Vanguard Index Fds total 239,075 shares worth $54.3 billion.
On the other hand, there are companies that Fountainhead Am is getting rid of from its portfolio.
Fountainhead Am closed its position in Coinbase Global Inc on 26th July 2024.
It sold the previously owned 3,978 shares for $1.05 billion.
Joseph Halpern also disclosed a decreased stake in Ishares Tr by 0.2%.
This leaves the value of the investment at $153 billion and 1,153,386 shares.
One of the average hedge funds
The two most similar investment funds to Fountainhead Am are Leonard Rickey Investment Advisors P.l.l.c and Galibier Capital Management. They manage $417 billion and $417 billion respectively.
Joseph Halpern investment strategy
Fountainhead Am’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 4.9% of
the total portfolio value.
The fund focuses on investments in the United States as
39.6% 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
36% of the total holdings value.
On the other hand, small-cap stocks make up only 2.1% of the portfolio.
The average market cap of the portfolio companies is close to $291 billion.
The complete list of Fountainhead Am trades based on 13F SEC filings
These positions were updated on July 26th 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 |
|---|---|---|---|
| Ishares Tr |
19.89%
1,153,386
|
$153,445,093,000 | 36.77% |
| Schwab Strategic Tr |
5.80%
238,850
|
$23,151,110,000 | 5.55% |
| Vanguard Index Fds |
22.14%
239,075
|
$54,305,362,000 | 13.01% |
| J P Morgan Exchange Traded F |
Opened
279,502
|
$15,572,007,000 | 3.73% |
| J P Morgan Exchange Traded F |
10.78%
323,358
|
$16,353,171,000 | 3.92% |
| Exchange Traded Concepts Tru |
3.13%
266,089
|
$14,661,480,000 | 3.51% |
| Fs Kkr Cap Corp |
5.68%
729,087
|
$14,384,877,000 | 3.45% |
| Vanguard Scottsdale Fds |
6.23%
485,407
|
$25,103,664,000 | 6.02% |
| Apple Inc |
1.76%
51,937
|
$10,938,990,000 | 2.62% |
| Vanguard Intl Equity Index F |
4.07%
210,213
|
$9,198,925,000 | 2.20% |
| First Tr Value Line Divid In |
26.07%
221,089
|
$9,009,395,000 | 2.16% |
| NVIDIA Corp |
1,112.44%
54,972
|
$6,791,195,000 | 1.63% |
| Pgim Etf Tr |
29.17%
65,106
|
$3,235,786,000 | 0.78% |
| Tesla Inc |
1.88%
15,167
|
$3,001,246,000 | 0.72% |
| PENN Entertainment Inc |
No change
144,497
|
$2,796,739,000 | 0.67% |
| Bausch Health Cos Inc |
3.23%
371,129
|
$2,586,769,000 | 0.62% |
| Microsoft Corporation |
5.07%
5,704
|
$2,549,229,000 | 0.61% |
| Amazon.com Inc. |
4.69%
12,557
|
$2,426,640,000 | 0.58% |
| Meta Platforms Inc |
9.27%
4,589
|
$2,313,754,000 | 0.55% |
| Spdr Sp 500 Etf Tr |
76.61%
4,039
|
$2,198,214,000 | 0.53% |
| Broadcom Inc |
2.08%
1,081
|
$1,735,772,000 | 0.42% |
| Janus Detroit Str Tr |
5.23%
33,179
|
$1,688,158,000 | 0.40% |
| Berkshire Hathaway Inc. |
18.38%
3,986
|
$1,621,505,000 | 0.39% |
| Texas Pacific Land Corporati |
3.57%
2,178
|
$1,599,350,000 | 0.38% |
| Samsara Inc. |
20.68%
44,811
|
$1,510,131,000 | 0.36% |
| Alphabet Inc |
7.04%
12,252
|
$2,237,051,000 | 0.54% |
| Ishares Bitcoin Tr |
28.04%
39,746
|
$1,356,928,000 | 0.33% |
| Vanguard World Fd |
7.71%
9,327
|
$2,417,634,000 | 0.58% |
| Visa Inc |
2.42%
4,225
|
$1,108,972,000 | 0.27% |
| Coinbase Global Inc |
Closed
3,978
|
$1,054,647,000 | |
| Cisco Sys Inc |
5.17%
20,675
|
$982,291,000 | 0.24% |
| Grayscale Bitcoin Tr Btc |
1.25%
16,191
|
$862,009,000 | 0.21% |
| Blackrock Cap Allocation Ter |
10.31%
52,475
|
$861,114,000 | 0.21% |
| Vanguard Bd Index Fds |
Closed
11,358
|
$824,961,000 | |
| Blackrock Esg Cap Allc Term |
No change
45,972
|
$806,349,000 | 0.19% |
| Blackrock Innovation And Grw |
7.86%
107,041
|
$773,906,000 | 0.19% |
| Select Sector Spdr Tr |
5.71%
21,394
|
$2,260,226,000 | 0.54% |
| Procter And Gamble Co |
3.87%
4,452
|
$734,244,000 | 0.18% |
| Bristol-Myers Squibb Co. |
1.36%
17,026
|
$707,096,000 | 0.17% |
| Jpmorgan Chase Co. |
0.27%
3,363
|
$680,202,000 | 0.16% |
| Eli Lilly Co |
Opened
691
|
$625,775,000 | 0.15% |
| Snowflake Inc. |
5.79%
4,242
|
$573,052,000 | 0.14% |
| Exxon Mobil Corp. |
188.30%
4,976
|
$572,803,000 | 0.14% |
| Nike, Inc. |
1.05%
7,356
|
$554,437,000 | 0.13% |
| Nushares Etf Tr |
1.36%
31,979
|
$1,316,707,000 | 0.32% |
| Pfizer Inc. |
0.61%
19,344
|
$541,231,000 | 0.13% |
| Kkr Co Inc |
No change
5,044
|
$530,831,000 | 0.13% |
| VanEck ETF Trust |
73.69%
1,961
|
$511,233,000 | 0.12% |
| Pacer Fds Tr |
9.05%
8,949
|
$487,625,000 | 0.12% |
| Blackstone Secd Lending Fd |
No change
15,874
|
$486,062,000 | 0.12% |
| Ishares Tr |
Closed
13,130
|
$1,024,298,000 | |
| Salesforce Inc |
4.88%
1,611
|
$414,268,000 | 0.10% |
| Airbnb, Inc. |
0.96%
2,592
|
$393,025,000 | 0.09% |
| Chevron Corp. |
15.80%
2,499
|
$390,871,000 | 0.09% |
| Johnson Johnson |
5.89%
2,516
|
$367,788,000 | 0.09% |
| Disney Walt Co |
9.57%
3,401
|
$337,683,000 | 0.08% |
| Pioneer Mun High Income Oppo |
0.84%
28,531
|
$332,386,000 | 0.08% |
| Invesco Exch Trd Slf Idx Fd |
No change
51,971
|
$901,269,000 | 0.22% |
| Ishares Tr |
Opened
9,672
|
$833,002,000 | 0.20% |
| Home Depot, Inc. |
3.19%
939
|
$323,332,000 | 0.08% |
| Goldman Sachs Group, Inc. |
12.97%
714
|
$323,078,000 | 0.08% |
| American Express Co. |
2.12%
1,394
|
$322,861,000 | 0.08% |
| Colgate-Palmolive Co. |
0.92%
3,306
|
$320,832,000 | 0.08% |
| Vanguard Specialized Funds |
17.08%
1,714
|
$312,832,000 | 0.07% |
| Lowes Cos Inc |
5.95%
1,406
|
$309,975,000 | 0.07% |
| Bank America Corp |
4.44%
7,757
|
$308,478,000 | 0.07% |
| Prudential Finl Inc |
1.03%
2,459
|
$288,193,000 | 0.07% |
| Invesco Exchange Traded Fd T |
0.06%
1,734
|
$284,941,000 | 0.07% |
| Merck Co Inc |
34.23%
2,243
|
$277,639,000 | 0.07% |
| Vanguard Tax-managed Fds |
Closed
5,352
|
$268,519,000 | |
| United Rentals, Inc. |
0.25%
409
|
$264,295,000 | 0.06% |
| Wisdomtree Tr |
39.56%
3,360
|
$262,278,000 | 0.06% |
| Abbvie Inc |
6.42%
1,517
|
$260,242,000 | 0.06% |
| Shopify Inc |
5.54%
3,831
|
$253,038,000 | 0.06% |
| Coca-Cola Co |
3.63%
3,972
|
$252,831,000 | 0.06% |
| Innovator ETFs Trust |
Opened
6,256
|
$251,679,000 | 0.06% |
| Unum Group |
15.90%
4,878
|
$249,308,000 | 0.06% |
| Vanguard Intl Equity Index F |
Closed
2,116
|
$247,233,000 | |
| Lockheed Martin Corp. |
2.60%
525
|
$245,228,000 | 0.06% |
| Western Digital Corp. |
8.58%
3,208
|
$243,070,000 | 0.06% |
| Marathon Pete Corp |
0.07%
1,383
|
$239,876,000 | 0.06% |
| Spdr Gold Tr |
Opened
1,104
|
$237,371,000 | 0.06% |
| Ishares Inc |
21.78%
4,400
|
$235,539,000 | 0.06% |
| Elevance Health Inc |
1.17%
432
|
$233,873,000 | 0.06% |
| Mastercard Incorporated |
No change
530
|
$233,819,000 | 0.06% |
| Spdr Ser Tr |
Opened
5,001
|
$223,045,000 | 0.05% |
| Unitedhealth Group Inc |
3.12%
430
|
$219,047,000 | 0.05% |
| International Business Machs |
3.79%
1,260
|
$217,925,000 | 0.05% |
| Vanguard World Fd |
Opened
693
|
$216,445,000 | 0.05% |
| Starbucks Corp. |
Opened
2,780
|
$216,408,000 | 0.05% |
| Ark Etf Tr |
0.83%
4,882
|
$214,573,000 | 0.05% |
| Boeing Co. |
11.13%
1,168
|
$212,588,000 | 0.05% |
| Advanced Micro Devices Inc. |
1.79%
1,308
|
$212,171,000 | 0.05% |
| Crowdstrike Holdings Inc |
Opened
549
|
$210,371,000 | 0.05% |
| Vanguard Index Fds |
Closed
2,400
|
$207,520,000 | |
| Vanguard Scottsdale Fds |
Opened
2,159
|
$202,536,000 | 0.05% |
| Ecofin Sustainable And Socia |
Opened
16,880
|
$194,289,000 | 0.05% |
| Mitsubishi Ufj Finl Group In |
Opened
12,806
|
$138,305,000 | 0.03% |
| Mannkind Corp |
No change
10,000
|
$52,200,000 | 0.01% |
| NIO Inc |
24.04%
11,359
|
$47,253,000 | 0.01% |
| Rackspace Technology, Inc. |
Opened
12,000
|
$35,760,000 | 0.01% |
| Cybin Inc |
Closed
10,150
|
$4,197,000 | |
| Loop Media Inc |
No change
20,060
|
$2,026,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 103 holdings | |||
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