Palumbo Wealth Management 13F annual report
Palumbo Wealth Management is an investment fund managing more than $216 billion ran by Killana Williams. There are currently 133 companies in Williams’s portfolio. The largest investments include Spdr Sp 500 Etf Tr and Spdr Gold Tr, together worth $33.9 billion.
$216 billion Assets Under Management (AUM)
As of 26th July 2024, Palumbo Wealth Management’s top holding is 40,244 shares of Spdr Sp 500 Etf Tr currently worth over $21.9 billion and making up 10.2% of the portfolio value.
In addition, the fund holds 55,931 shares of Spdr Gold Tr worth $12 billion.
The third-largest holding is Ishares Tr worth $31 billion and the next is Apple Inc worth $9.33 billion, with 44,293 shares owned.
Currently, Palumbo Wealth Management's portfolio is worth at least $216 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 Palumbo Wealth Management
The Palumbo Wealth Management office and employees reside in Great Neck, New York. According to the last 13-F report filed with the SEC, Killana Williams serves as the Chief Compliance Officer at Palumbo Wealth Management.
Recent trades
In the most recent 13F filing, Palumbo Wealth Management revealed that it had opened a new position in
Entergy and bought 22,761 shares worth $2.44 billion.
This means they effectively own approximately 0.1% of the company.
Entergy makes up
77.2%
of the fund's Utilities sector allocation and has grown its share price by 14.4% in the past year.
The investment fund also strengthened its position in Spdr Sp 500 Etf Tr by buying
3,120 additional shares.
This makes their stake in Spdr Sp 500 Etf Tr total 40,244 shares worth $21.9 billion.
On the other hand, there are companies that Palumbo Wealth Management is getting rid of from its portfolio.
Palumbo Wealth Management closed its position in Brown-Forman on 2nd August 2024.
It sold the previously owned 31,354 shares for $1.62 billion.
Killana Williams also disclosed a decreased stake in Spdr Gold Tr by 0.1%.
This leaves the value of the investment at $12 billion and 55,931 shares.
One of the smallest hedge funds
The two most similar investment funds to Palumbo Wealth Management are Dalal Street and Simplifi. They manage $216 billion and $216 billion respectively.
Killana Williams investment strategy
Palumbo Wealth Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 9.5% of
the total portfolio value.
The fund focuses on investments in the United States as
50.4% 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
41% of the total holdings value.
On the other hand, small-cap stocks make up only 3.0% of the portfolio.
The average market cap of the portfolio companies is close to $192 billion.
The complete list of Palumbo Wealth Management trades based on 13F SEC filings
These positions were updated on August 2nd 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 Sp 500 Etf Tr |
8.40%
40,244
|
$21,901,803,000 | 10.15% |
| Spdr Gold Tr |
11.54%
55,931
|
$12,025,725,000 | 5.57% |
| Ishares Tr |
4.56%
310,699
|
$30,979,546,000 | 14.36% |
| Apple Inc |
0.27%
44,293
|
$9,328,955,000 | 4.32% |
| Microsoft Corporation |
3.47%
15,066
|
$6,733,726,000 | 3.12% |
| Waste Mgmt Inc Del |
4.34%
31,029
|
$6,619,658,000 | 3.07% |
| Amazon.com Inc. |
4.13%
29,320
|
$5,666,090,000 | 2.63% |
| Vanguard Scottsdale Fds |
0.67%
124,963
|
$7,225,160,000 | 3.35% |
| Costco Whsl Corp New |
0.32%
5,598
|
$4,758,360,000 | 2.21% |
| Visa Inc |
5.06%
14,399
|
$3,779,214,000 | 1.75% |
| Innovator ETFs Trust |
0.09%
175,864
|
$3,483,866,000 | 1.61% |
| NVIDIA Corp |
718.86%
27,964
|
$3,454,716,000 | 1.60% |
| Illinois Tool Wks Inc |
12.66%
13,703
|
$3,247,006,000 | 1.51% |
| Select Sector Spdr Tr |
31.11%
92,482
|
$4,715,189,000 | 2.19% |
| Berkshire Hathaway Inc. |
23.35%
7,232
|
$2,941,978,000 | 1.36% |
| Coca-Cola Co |
12.60%
41,210
|
$2,622,988,000 | 1.22% |
| Quest Diagnostics, Inc. |
1.23%
18,982
|
$2,598,208,000 | 1.20% |
| Spdr Ser Tr |
No change
24,900
|
$2,516,892,000 | 1.17% |
| Entergy Corp. |
Opened
22,761
|
$2,435,480,000 | 1.13% |
| Unitedhealth Group Inc |
19.91%
4,770
|
$2,429,002,000 | 1.13% |
| Johnson Johnson |
23.23%
16,180
|
$2,364,889,000 | 1.10% |
| Accenture Plc Ireland |
20.35%
7,388
|
$2,241,544,000 | 1.04% |
| Thermo Fisher Scientific Inc. |
9.70%
3,970
|
$2,195,464,000 | 1.02% |
| Fiserv, Inc. |
7.86%
14,440
|
$2,152,138,000 | 1.00% |
| Alphabet Inc |
10.34%
23,151
|
$4,231,415,000 | 1.96% |
| Disney Walt Co |
18.74%
20,482
|
$2,033,616,000 | 0.94% |
| Mcdonalds Corp |
18.50%
7,929
|
$2,020,516,000 | 0.94% |
| Jpmorgan Chase Co. |
1.84%
9,975
|
$2,017,443,000 | 0.94% |
| Etf Ser Solutions |
22.85%
57,020
|
$1,852,790,000 | 0.86% |
| Tractor Supply Co. |
4.96%
6,745
|
$1,821,220,000 | 0.84% |
| Church Dwight Co Inc |
11.94%
17,264
|
$1,789,902,000 | 0.83% |
| Nike, Inc. |
28.25%
22,903
|
$1,726,187,000 | 0.80% |
| Oreilly Automotive Inc |
12.23%
1,588
|
$1,677,024,000 | 0.78% |
| Sherwin-Williams Co. |
15.15%
5,601
|
$1,671,569,000 | 0.77% |
| Brown-Forman Corporation |
Closed
31,354
|
$1,618,504,000 | |
| International Business Machs |
16.94%
8,981
|
$1,553,246,000 | 0.72% |
| Smucker J M Co |
19.95%
13,614
|
$1,484,495,000 | 0.69% |
| Bank America Corp |
18.44%
36,919
|
$1,468,266,000 | 0.68% |
| Procter And Gamble Co |
0.19%
8,883
|
$1,465,019,000 | 0.68% |
| MSCI Inc |
37.23%
2,938
|
$1,415,476,000 | 0.66% |
| Virtus Etf Tr Ii |
5.59%
39,668
|
$1,361,863,000 | 0.63% |
| Occidental Pete Corp |
6.48%
20,716
|
$1,305,727,000 | 0.61% |
| Invesco Actvely Mngd Etc Fd |
15.50%
91,357
|
$1,283,571,000 | 0.59% |
| Target Corp |
19.81%
8,424
|
$1,247,121,000 | 0.58% |
| Applied Matls Inc |
16.56%
4,835
|
$1,141,022,000 | 0.53% |
| Factset Resh Sys Inc |
24.22%
2,744
|
$1,120,322,000 | 0.52% |
| Sp Global Inc |
0.21%
2,371
|
$1,057,459,000 | 0.49% |
| Salesforce Inc |
26.95%
3,604
|
$926,554,000 | 0.43% |
| Eaton Corp Plc |
0.92%
2,916
|
$914,450,000 | 0.42% |
| Crowdstrike Holdings Inc |
23.63%
2,323
|
$890,151,000 | 0.41% |
| Caterpillar Inc. |
0.35%
2,579
|
$859,171,000 | 0.40% |
| Pacer Fds Tr |
78.94%
17,282
|
$840,597,000 | 0.39% |
| Abbott Labs |
26.59%
7,136
|
$741,534,000 | 0.34% |
| American Tower Corp. |
19.43%
3,657
|
$710,827,000 | 0.33% |
| Meta Platforms Inc |
4.67%
1,278
|
$644,457,000 | 0.30% |
| Innovator ETFs Trust |
Opened
18,354
|
$626,055,000 | 0.29% |
| Pimco Etf Tr |
31.49%
6,095
|
$613,432,000 | 0.28% |
| ServiceNow Inc |
27.47%
775
|
$609,670,000 | 0.28% |
| Amphenol Corp. |
100.36%
8,988
|
$605,533,000 | 0.28% |
| Vanguard Index Fds |
2.11%
2,826
|
$889,715,000 | 0.41% |
| Home Depot, Inc. |
0.59%
1,712
|
$589,466,000 | 0.27% |
| J P Morgan Exchange Traded F |
126.02%
10,989
|
$588,997,000 | 0.27% |
| Cigna Group (The) |
0.40%
1,774
|
$586,526,000 | 0.27% |
| Chevron Corp. |
0.64%
3,611
|
$564,829,000 | 0.26% |
| Monday Com Ltd |
25.58%
2,332
|
$561,453,000 | 0.26% |
| Comcast Corp New |
0.74%
12,895
|
$504,984,000 | 0.23% |
| Exxon Mobil Corp. |
3.21%
4,186
|
$481,892,000 | 0.22% |
| Global X Fds |
No change
9,082
|
$463,637,000 | 0.21% |
| Merck Co Inc |
1.38%
3,652
|
$452,173,000 | 0.21% |
| Hilton Worldwide Holdings Inc |
Opened
2,064
|
$450,473,000 | 0.21% |
| NextEra Energy Inc |
0.48%
6,331
|
$448,288,000 | 0.21% |
| Eaton Vance Natl Mun Opport |
No change
26,520
|
$446,597,000 | 0.21% |
| Enterprise Prods Partners L |
No change
15,306
|
$443,568,000 | 0.21% |
| Nuveen Amt-free Mun Value Fd |
No change
31,562
|
$438,081,000 | 0.20% |
| Ares Capital Corp |
Closed
20,907
|
$435,284,000 | |
| Proshares Tr |
No change
9,214
|
$667,703,000 | 0.31% |
| Blackstone Inc |
0.12%
3,425
|
$423,959,000 | 0.20% |
| United Parcel Service, Inc. |
3.84%
3,080
|
$421,506,000 | 0.20% |
| AMGEN Inc. |
1.92%
1,324
|
$413,616,000 | 0.19% |
| Mannkind Corp |
17.17%
76,278
|
$398,172,000 | 0.18% |
| Public Svc Enterprise Grp In |
0.51%
5,353
|
$394,551,000 | 0.18% |
| Prudential Finl Inc |
0.03%
3,325
|
$389,653,000 | 0.18% |
| Strategy Shs |
0.80%
9,542
|
$377,005,000 | 0.17% |
| Qualcomm, Inc. |
0.32%
1,883
|
$375,055,000 | 0.17% |
| Vanguard Specialized Funds |
2.17%
2,032
|
$370,854,000 | 0.17% |
| Paychex Inc. |
28.82%
3,127
|
$370,717,000 | 0.17% |
| Packaging Corp Amer |
4.80%
1,746
|
$318,709,000 | 0.15% |
| Lockheed Martin Corp. |
0.30%
669
|
$312,559,000 | 0.14% |
| Walmart Inc |
21.27%
4,601
|
$311,515,000 | 0.14% |
| Honeywell International Inc |
1.87%
1,419
|
$302,957,000 | 0.14% |
| Linde Plc. |
0.29%
687
|
$301,283,000 | 0.14% |
| Blackrock Inc. |
0.54%
371
|
$292,195,000 | 0.14% |
| Starbucks Corp. |
55.32%
3,741
|
$291,230,000 | 0.13% |
| Ishares Tr |
Opened
3,356
|
$273,986,000 | 0.13% |
| Lyondellbasell Industries N |
5.26%
2,864
|
$273,930,000 | 0.13% |
| Yum Brands Inc. |
0.34%
2,058
|
$272,659,000 | 0.13% |
| The Southern Co. |
1.18%
3,504
|
$271,820,000 | 0.13% |
| Consolidated Edison, Inc. |
1.56%
3,029
|
$270,872,000 | 0.13% |
| Pfizer Inc. |
Opened
9,463
|
$264,784,000 | 0.12% |
| Tesla Inc |
6.60%
1,292
|
$255,661,000 | 0.12% |
| RTX Corp |
0.24%
2,468
|
$247,765,000 | 0.11% |
| Ford Mtr Co Del |
4.94%
19,488
|
$244,378,000 | 0.11% |
| Fedex Corp |
9.87%
804
|
$241,213,000 | 0.11% |
| Prologis Inc |
51.75%
1,998
|
$224,407,000 | 0.10% |
| Novo-nordisk A S |
Opened
1,567
|
$223,674,000 | 0.10% |
| Workday Inc |
33.02%
995
|
$222,443,000 | 0.10% |
| Netflix Inc. |
Opened
326
|
$220,011,000 | 0.10% |
| Texas Instrs Inc |
Opened
1,125
|
$218,870,000 | 0.10% |
| Intel Corp. |
7.18%
7,058
|
$218,582,000 | 0.10% |
| Nutanix Inc |
Opened
3,796
|
$215,803,000 | 0.10% |
| Assertio Holdings, Inc. |
18.43%
170,098
|
$210,922,000 | 0.10% |
| Verizon Communications Inc |
0.54%
4,972
|
$205,029,000 | 0.10% |
| Cloudflare Inc |
Opened
2,435
|
$201,692,000 | 0.09% |
| Att Inc |
1.52%
10,361
|
$197,995,000 | 0.09% |
| Arbor Realty Trust Inc. |
3.21%
13,613
|
$195,351,000 | 0.09% |
| Seer, Inc. |
14.02%
106,291
|
$178,569,000 | 0.08% |
| Ardelyx Inc |
Opened
23,549
|
$174,499,000 | 0.08% |
| Erasca Inc |
12.87%
68,345
|
$161,295,000 | 0.07% |
| OptiNose Inc |
13.86%
135,531
|
$140,953,000 | 0.07% |
| Infinera Corp. |
27.92%
22,104
|
$134,614,000 | 0.06% |
| Exagen Inc |
265.49%
66,669
|
$121,338,000 | 0.06% |
| Design Therapeutics Inc |
94.76%
33,054
|
$110,731,000 | 0.05% |
| Abeona Therapeutics Inc |
Closed
14,368
|
$104,168,000 | |
| Zuora Inc |
Opened
10,326
|
$102,538,000 | 0.05% |
| Ocular Therapeutix Inc |
Opened
12,667
|
$86,643,000 | 0.04% |
| Poseida Therapeutics, Inc. |
Closed
26,068
|
$83,157,000 | |
| Nuvation Bio Inc |
41.26%
28,350
|
$82,782,000 | 0.04% |
| Omniab Inc |
58.44%
21,896
|
$82,110,000 | 0.04% |
| Matterport Inc |
6.48%
14,861
|
$66,429,000 | 0.03% |
| Archer Aviation Inc |
41.03%
18,316
|
$64,473,000 | 0.03% |
| Zevra Therapeutics Inc |
28.67%
12,902
|
$63,220,000 | 0.03% |
| Inozyme Pharma, Inc. |
Opened
13,584
|
$60,585,000 | 0.03% |
| Black Diamond Therapeutics I |
Closed
10,243
|
$51,933,000 | |
| ADC Therapeutics SA |
Opened
13,270
|
$41,934,000 | 0.02% |
| Nautilus Biotechnology Inc |
Opened
17,793
|
$41,636,000 | 0.02% |
| Sirius XM Holdings Inc |
1.29%
11,187
|
$31,661,000 | 0.01% |
| Elevation Oncology Inc |
36.50%
11,266
|
$30,419,000 | 0.01% |
| Singular Genomics Systems In |
Closed
12,549
|
$6,453,000 | |
| Liveperson Inc |
Opened
10,955
|
$6,360,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 139 holdings | |||
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