Network Wealth Management 13F annual report
Network Wealth Management is an investment fund managing more than $263 million ran by Rod Ehrlich. There are currently 106 companies in Mr. Ehrlich’s portfolio. The largest investments include Ishares Esg Aware Msci Eafe and Vanguard Esg Us Stock, together worth $50.6 million.
$263 million Assets Under Management (AUM)
As of 2nd August 2024, Network Wealth Management’s top holding is 325,311 shares of Ishares Esg Aware Msci Eafe currently worth over $25.6 million and making up 9.8% of the portfolio value.
In addition, the fund holds 258,213 shares of Vanguard Esg Us Stock worth $24.9 million.
The third-largest holding is NVIDIA Corp worth $20.1 million and the next is Apple Inc worth $16.1 million, with 76,338 shares owned.
Currently, Network Wealth Management's portfolio is worth at least $263 million. 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 Network Wealth Management
The Network Wealth Management office and employees reside in Draper, Utah. According to the last 13-F report filed with the SEC, Rod Ehrlich serves as the Consultant at Network Wealth Management.
Recent trades
In the most recent 13F filing, Network Wealth Management revealed that it had opened a new position in
Republic Svcs Inc and bought 8,121 shares worth $1.58 million.
The investment fund also strengthened its position in Ishares Esg Aware Msci Eafe by buying
5,373 additional shares.
This makes their stake in Ishares Esg Aware Msci Eafe total 325,311 shares worth $25.6 million.
On the other hand, there are companies that Network Wealth Management is getting rid of from its portfolio.
Network Wealth Management closed its position in Nuveen New York Qlt Mun Inc Fd on 9th August 2024.
It sold the previously owned 31,727 shares for $345 thousand.
Rod Ehrlich also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $16.1 million and 76,338 shares.
One of the smallest hedge funds
The two most similar investment funds to Network Wealth Management are Aquamarine Zurich Ag and Hm Capital Management. They manage $263 million and $263 million respectively.
Rod Ehrlich investment strategy
Network Wealth Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 14.0% of
the total portfolio value.
The fund focuses on investments in the United States as
25.5% 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
24% of the total holdings value.
On the other hand, small-cap stocks make up only 0.9% of the portfolio.
The average market cap of the portfolio companies is close to $267 billion.
The complete list of Network Wealth Management 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 |
|---|---|---|---|
| Ishares Esg Aware Msci Eafe |
1.68%
325,311
|
$25,628,000 | 9.76% |
| Vanguard Esg Us Stock |
0.72%
258,213
|
$24,948,000 | 9.50% |
| NVIDIA Corp |
833.47%
162,555
|
$20,082,000 | 7.65% |
| Apple Inc |
0.98%
76,338
|
$16,078,000 | 6.12% |
| Ishares Esg Aware Us Aggregate Bond |
4.34%
328,686
|
$15,320,000 | 5.84% |
| Microsoft Corporation |
0.18%
33,835
|
$15,122,000 | 5.76% |
| Invesco Qqq Trust Series I |
0.11%
26,212
|
$12,578,000 | 4.79% |
| Flexshares Stoxx Us Esg Select Index |
0.47%
82,562
|
$10,591,000 | 4.03% |
| Spdr Sandp 500 Esg |
6.86%
177,184
|
$9,408,000 | 3.58% |
| Flexshares Core Select Bond Core Bond |
1.90%
371,571
|
$8,137,000 | 3.10% |
| Spdr Portfolio Sandp 500 Value |
1.35%
136,415
|
$6,648,000 | 2.53% |
| Ishares Core Sandp 500 |
0.59%
9,525
|
$5,212,000 | 1.99% |
| Ishares Core Sandp Small Cap |
0.05%
35,746
|
$3,812,000 | 1.45% |
| Ishares Msci Usa Esg Select |
3.82%
33,792
|
$3,797,000 | 1.45% |
| Ishares Esg Advanced High Yield Corp |
3.58%
81,390
|
$3,676,000 | 1.40% |
| Nuveen Esg Us Aggregate Bond |
0.32%
145,319
|
$3,170,000 | 1.21% |
| Ishares Core Msci Total Intl Stock |
0.10%
44,198
|
$2,986,000 | 1.14% |
| Ishares U.s. Treasury Bond |
5.79%
130,906
|
$2,954,000 | 1.13% |
| Costco Whsl Corp New |
0.10%
2,905
|
$2,469,000 | 0.94% |
| Vanguard Sandp 500 |
0.11%
4,724
|
$2,371,000 | 0.90% |
| Vanguard Growth |
0.02%
6,234
|
$2,334,000 | 0.89% |
| Spdr Sandp 500 Trust |
8.23%
4,169
|
$2,276,000 | 0.87% |
| First Trust Value Line Dividend Index |
0.28%
55,048
|
$2,243,000 | 0.85% |
| Flexshares High Yield Value Scored Bond |
1.97%
55,327
|
$2,235,000 | 0.85% |
| Vanguard Total Intl Stock |
0.67%
35,071
|
$2,114,000 | 0.81% |
| Norfolk Southn Corp |
No change
9,586
|
$2,058,000 | 0.78% |
| Vanguard Esg Intl Stock |
0.36%
35,447
|
$2,030,000 | 0.77% |
| Ishares Core U.s. Aggregate Bond |
0.50%
20,732
|
$2,012,000 | 0.77% |
| Ishares Short Term National Muni Bond |
No change
15,362
|
$1,606,000 | 0.61% |
| Republic Svcs Inc |
Opened
8,121
|
$1,578,000 | 0.60% |
| Lowes Cos Inc |
Opened
7,109
|
$1,567,000 | 0.60% |
| Berkshire Hathaway Inc Del Cl B New |
Opened
3,791
|
$1,542,000 | 0.59% |
| Unitedhealth Group Inc |
Opened
3,021
|
$1,538,000 | 0.59% |
| Spdr Gold Shares |
Opened
6,697
|
$1,439,000 | 0.55% |
| Visa Inc |
Opened
5,381
|
$1,412,000 | 0.54% |
| Spdr Sandp Midcap 400 Trust |
Opened
2,500
|
$1,342,000 | 0.51% |
| Nuveen Esg Mid Cap Growth |
0.61%
32,046
|
$1,339,000 | 0.51% |
| Jpmorgan Municipal |
No change
26,362
|
$1,327,000 | 0.51% |
| Netflix Inc. |
Opened
1,957
|
$1,320,000 | 0.50% |
| Union Pac Corp |
Opened
5,800
|
$1,312,000 | 0.50% |
| Home Depot, Inc. |
Opened
3,508
|
$1,207,000 | 0.46% |
| Ishares National Muni Bond |
1.22%
11,299
|
$1,203,000 | 0.46% |
| Spdr Nuveen Bloomberg Municipal Bond |
No change
24,729
|
$1,131,000 | 0.43% |
| Thermo Fisher Scientific Inc. |
Opened
2,033
|
$1,125,000 | 0.43% |
| Fair Isaac Corp. |
Opened
750
|
$1,116,000 | 0.43% |
| Vanguard Tax Exempt Bond |
No change
21,674
|
$1,086,000 | 0.41% |
| Ishares U.s. Technology |
Opened
6,667
|
$1,003,000 | 0.38% |
| Waste Mgmt Inc Del |
Opened
4,590
|
$979,000 | 0.37% |
| Vanguard Ftse Developed Markets |
4.25%
19,709
|
$974,000 | 0.37% |
| Vanguard Value |
Opened
5,495
|
$887,000 | 0.34% |
| Amazon Inc |
Opened
4,440
|
$858,000 | 0.33% |
| Vanguard Intermediate Term Treasury |
0.61%
12,161
|
$708,000 | 0.27% |
| First Solar Inc |
Opened
3,036
|
$684,000 | 0.26% |
| Nuveen Esg High Yield Corp Bond |
0.15%
32,673
|
$683,000 | 0.26% |
| Jpmorgan Betabuilders U.s. Equity |
Opened
6,858
|
$672,000 | 0.26% |
| Exxon Mobil Corp. |
Opened
5,800
|
$667,000 | 0.25% |
| Ishares Core Dividend Growth |
No change
11,374
|
$655,000 | 0.25% |
| Vanguard Dividend Appreciation |
Opened
3,501
|
$642,000 | 0.24% |
| Ishares Core Sandp Mid Cap |
0.98%
10,776
|
$630,000 | 0.24% |
| Vanguard Small Cap |
Opened
2,868
|
$627,000 | 0.24% |
| Ishares Msci Usa Quality Factor |
Opened
3,427
|
$585,000 | 0.22% |
| Alphabet Inc Cap Stk Cl C |
Opened
3,160
|
$579,000 | 0.22% |
| Applied Matls Inc |
Opened
2,300
|
$542,000 | 0.21% |
| Procter And Gamble Co |
Opened
3,176
|
$523,000 | 0.20% |
| United Rentals, Inc. |
Opened
800
|
$517,000 | 0.20% |
| Ishares Russell 1000 Growth |
Opened
1,405
|
$512,000 | 0.20% |
| Ishares Iboxx High Yield Corp Bond |
Opened
6,317
|
$487,000 | 0.19% |
| Vanguard Mid Cap |
Opened
1,979
|
$480,000 | 0.18% |
| Ishares Core High Dividend |
Opened
4,322
|
$469,000 | 0.18% |
| CSX Corp. |
No change
12,300
|
$411,000 | 0.16% |
| Zimmer Biomet Holdings Inc |
Opened
3,755
|
$408,000 | 0.16% |
| Ishares Core Msci Eafe |
Opened
5,528
|
$401,000 | 0.15% |
| Dominion Energy Inc |
Opened
7,417
|
$363,000 | 0.14% |
| Kemper Corp |
Opened
6,084
|
$360,000 | 0.14% |
| Curtiss-Wright Corp. |
Opened
1,316
|
$356,000 | 0.14% |
| Sandp Global Inc |
Opened
800
|
$356,000 | 0.14% |
| Vanguard High Dividend Yield Index |
Opened
2,955
|
$350,000 | 0.13% |
| Alphabet Inc Cap Stk Cl A |
Opened
1,900
|
$346,000 | 0.13% |
| Nuveen New York Qlt Mun Inc Fd |
Closed
31,727
|
$345,000 | |
| Ishares Msci Eafe |
Opened
4,297
|
$336,000 | 0.13% |
| Vanguard Intermediate Term Bond |
Opened
4,473
|
$334,000 | 0.13% |
| Verizonmunications Inc |
Opened
7,924
|
$326,000 | 0.12% |
| Adobe Inc |
Opened
583
|
$323,000 | 0.12% |
| Vanguard Ftse All World Ex Us Index |
Opened
5,454
|
$319,000 | 0.12% |
| AMGEN Inc. |
Opened
1,012
|
$316,000 | 0.12% |
| Target Corp |
Opened
2,036
|
$301,000 | 0.11% |
| Vanguard Real Estate |
Opened
3,551
|
$301,000 | 0.11% |
| Johnson And Johnson |
Opened
1,957
|
$286,000 | 0.11% |
| Ishares Russell 1000 |
Opened
951
|
$282,000 | 0.11% |
| Teledyne Technologies Inc |
Opened
681
|
$264,000 | 0.10% |
| Invesco Solar |
Opened
6,536
|
$262,000 | 0.10% |
| Ishares Currency Hedged Msci Eurozone |
Opened
7,196
|
$261,000 | 0.10% |
| Tetra Tech, Inc. |
Opened
1,256
|
$256,000 | 0.10% |
| Chipotle Mexican Grill |
Opened
4,000
|
$250,000 | 0.10% |
| Colgate-Palmolive Co. |
Opened
2,525
|
$245,000 | 0.09% |
| Cisco Sys Inc |
Opened
5,100
|
$242,000 | 0.09% |
| Jpmorgan Betabuilders Intl Equity |
Opened
4,071
|
$240,000 | 0.09% |
| iShares Preferred and Income Securities ETF |
Opened
7,498
|
$236,000 | 0.09% |
| Vanguard Ftse Emerging Markets |
Opened
5,323
|
$232,000 | 0.09% |
| T-Mobile US Inc |
Opened
1,299
|
$228,000 | 0.09% |
| Vanguard Total Stock Market |
Opened
841
|
$225,000 | 0.09% |
| Vanguard Ultra Short Bond |
Opened
4,501
|
$222,000 | 0.08% |
| Xylem Inc |
Opened
1,600
|
$217,000 | 0.08% |
| Comcast Corp New Cl A |
Opened
5,533
|
$216,000 | 0.08% |
| GE Aerospace |
Opened
1,337
|
$212,000 | 0.08% |
| Salesforce Inc |
Opened
816
|
$209,000 | 0.08% |
| Vanguard Short Term Bond |
Opened
2,728
|
$209,000 | 0.08% |
| Putnam Mun Opptns Tr Sh Ben Int |
Closed
10,401
|
$103,000 | |
| Lloyds Banking Group Plc Adr |
Closed
14,840
|
$39,000 | |
| No transactions found | |||
| Showing first 500 out of 109 holdings | |||
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