Cypress Point Wealth Management 13F annual report
Cypress Point Wealth Management is an investment fund managing more than $211 billion ran by Scott Boyd. There are currently 34 companies in Mr. Boyd’s portfolio. The largest investments include Palantir Technologies and Dimensional Etf Trust, together worth $97.3 billion.
$211 billion Assets Under Management (AUM)
As of 19th July 2024, Cypress Point Wealth Management’s top holding is 1,544,465 shares of Palantir Technologies currently worth over $39.1 billion and making up 18.5% of the portfolio value.
Relative to the number of outstanding shares of Palantir Technologies, Cypress Point Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 1,778,290 shares of Dimensional Etf Trust worth $58.2 billion.
The third-largest holding is American Centy Etf Tr worth $39 billion and the next is Vanguard Index Fds worth $20 billion, with 64,883 shares owned.
Currently, Cypress Point Wealth Management's portfolio is worth at least $211 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 Cypress Point Wealth Management
The Cypress Point Wealth Management office and employees reside in Dallas, Texas. According to the last 13-F report filed with the SEC, Scott Boyd serves as the CCO at Cypress Point Wealth Management.
Recent trades
In the most recent 13F filing, Cypress Point Wealth Management revealed that it had opened a new position in
Direxion Shs Etf Tr and bought 2,179 shares worth $318 million.
The investment fund also strengthened its position in Palantir Technologies by buying
1,723 additional shares.
This makes their stake in Palantir Technologies total 1,544,465 shares worth $39.1 billion.
Palantir Technologies soared 74.0% in the past year.
On the other hand, there are companies that Cypress Point Wealth Management is getting rid of from its portfolio.
Cypress Point Wealth Management closed its position in Ishares Tr on 26th July 2024.
It sold the previously owned 5,490 shares for $278 million.
Scott Boyd also disclosed a decreased stake in Tesla Inc by approximately 0.1%.
This leaves the value of the investment at $3.08 billion and 15,571 shares.
One of the smallest hedge funds
The two most similar investment funds to Cypress Point Wealth Management are Nwk and Tiff Advisory Services. They manage $211 billion and $211 billion respectively.
Scott Boyd investment strategy
Cypress Point Wealth Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 21.5% of
the total portfolio value.
The fund focuses on investments in the United States as
52.9% 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 2.9% of the portfolio.
The average market cap of the portfolio companies is close to $435 billion.
The complete list of Cypress Point Wealth Management 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 |
|---|---|---|---|
| Palantir Technologies Inc. |
0.11%
1,544,465
|
$39,121,299,000 | 18.53% |
| Dimensional Etf Trust |
6.86%
1,778,290
|
$58,207,648,000 | 27.56% |
| American Centy Etf Tr |
9.06%
599,351
|
$38,954,780,000 | 18.45% |
| Vanguard Index Fds |
15.29%
64,883
|
$19,968,377,000 | 9.46% |
| Exxon Mobil Corp. |
0.88%
58,957
|
$6,787,130,000 | 3.21% |
| Schwab Strategic Tr |
0.40%
197,802
|
$6,831,887,000 | 3.24% |
| Tesla Inc |
0.70%
15,571
|
$3,081,190,000 | 1.46% |
| Ishares Tr |
0.27%
396,053
|
$10,899,619,000 | 5.16% |
| Indexiq Active Etf Tr |
13.50%
121,361
|
$2,934,514,000 | 1.39% |
| Ishares Inc |
0.83%
48,192
|
$2,914,248,000 | 1.38% |
| Vanguard Intl Equity Index F |
0.25%
74,115
|
$3,273,353,000 | 1.55% |
| Apple Inc |
0.19%
10,291
|
$2,167,512,000 | 1.03% |
| Meta Platforms Inc |
0.62%
3,873
|
$1,952,845,000 | 0.92% |
| Vanguard Star Fds |
0.36%
25,610
|
$1,544,307,000 | 0.73% |
| Vanguard Bd Index Fds |
9.14%
33,362
|
$2,098,096,000 | 0.99% |
| Microsoft Corporation |
1.09%
3,183
|
$1,422,735,000 | 0.67% |
| Vanguard Whitehall Fds |
No change
11,972
|
$1,419,880,000 | 0.67% |
| Coca-Cola Co |
1.65%
13,731
|
$873,955,000 | 0.41% |
| Amazon.com Inc. |
0.05%
3,921
|
$757,734,000 | 0.36% |
| NVIDIA Corp |
772.85%
5,979
|
$738,646,000 | 0.35% |
| Alphabet Inc |
2.88%
5,496
|
$1,003,593,000 | 0.48% |
| Open Lending, LLC |
No change
107,000
|
$597,060,000 | 0.28% |
| Salesforce Inc |
6.01%
1,876
|
$482,320,000 | 0.23% |
| Blend Labs, Inc. |
5.56%
196,599
|
$463,974,000 | 0.22% |
| Eli Lilly & Co |
1.70%
419
|
$379,355,000 | 0.18% |
| Netflix Inc. |
6.72%
524
|
$353,638,000 | 0.17% |
| Direxion Shs Etf Tr |
Opened
2,179
|
$318,287,000 | 0.15% |
| Wisdomtree Tr |
No change
9,795
|
$309,425,000 | 0.15% |
| Ishares Tr |
Closed
5,490
|
$277,590,000 | |
| KKR & Co. Inc |
0.41%
2,462
|
$259,101,000 | 0.12% |
| Broadcom Inc |
Opened
161
|
$258,491,000 | 0.12% |
| JPMorgan Chase & Co. |
2.46%
1,164
|
$235,431,000 | 0.11% |
| American Centy Etf Tr |
Opened
5,127
|
$211,355,000 | 0.10% |
| Super Micro Computer Inc |
Closed
206
|
$208,067,000 | |
| Oscar Health, Inc. |
No change
11,582
|
$183,228,000 | 0.09% |
| Eterna Therapeutics Inc |
No change
94,375
|
$172,707,000 | 0.08% |
| No transactions found | |||
| Showing first 500 out of 36 holdings | |||
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