Refined Wealth Management 13F annual report
Refined Wealth Management is an investment fund managing more than $130 billion ran by Ryan Larsen. There are currently 25 companies in Mr. Larsen’s portfolio. The largest investments include Nushares Etf Tr and Vanguard Charlotte Fds, together worth $37 billion.
$130 billion Assets Under Management (AUM)
As of 11th July 2024, Refined Wealth Management’s top holding is 231,284 shares of Nushares Etf Tr currently worth over $18.8 billion and making up 14.5% of the portfolio value.
In addition, the fund holds 375,094 shares of Vanguard Charlotte Fds worth $18.3 billion.
The third-largest holding is Vanguard World Fd worth $15.7 billion and the next is Coinbase Global Inc worth $11.3 billion, with 50,859 shares owned.
Currently, Refined Wealth Management's portfolio is worth at least $130 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 Refined Wealth Management
The Refined Wealth Management office and employees reside in Salt Lake City, Utah. According to the last 13-F report filed with the SEC, Ryan Larsen serves as the Owner at Refined Wealth Management.
Recent trades
In the most recent 13F filing, Refined Wealth Management revealed that it had opened a new position in
SoFi Technologies and bought 23,031 shares worth $152 million.
This means they effectively own approximately 0.1% of the company.
SoFi Technologies makes up
34.6%
of the fund's Finance sector allocation and has decreased its share price by 27.2% in the past year.
The investment fund also strengthened its position in Vanguard World Fd by buying
5,041 additional shares.
This makes their stake in Vanguard World Fd total 273,633 shares worth $15.7 billion.
On the other hand, there are companies that Refined Wealth Management is getting rid of from its portfolio.
Refined Wealth Management closed its position in Chevron on 18th July 2024.
It sold the previously owned 36,086 shares for $5.69 billion.
Ryan Larsen also disclosed a decreased stake in Nushares Etf Tr by approximately 0.1%.
This leaves the value of the investment at $18.8 billion and 231,284 shares.
One of the smallest hedge funds
The two most similar investment funds to Refined Wealth Management are Horizon Family Wealth and Brooktree Capital Management. They manage $130 billion and $130 billion respectively.
Ryan Larsen investment strategy
Refined Wealth Management’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 6.0% of
the total portfolio value.
The fund focuses on investments in the United States as
28.0% 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
16% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $390 billion.
The complete list of Refined Wealth Management trades based on 13F SEC filings
These positions were updated on July 18th 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 |
|---|---|---|---|
| Nushares Etf Tr |
1.64%
231,284
|
$18,771,004,000 | 14.48% |
| Vanguard Charlotte Fds |
0.24%
375,094
|
$18,255,822,000 | 14.08% |
| Vanguard World Fd |
1.88%
273,633
|
$15,670,945,000 | 12.08% |
| Coinbase Global Inc |
1.91%
50,859
|
$11,302,396,000 | 8.72% |
| Ssga Active Etf Tr |
0.87%
213,264
|
$8,914,456,000 | 6.87% |
| Enovix Corporation |
13.04%
518,633
|
$8,018,066,000 | 6.18% |
| Ishares Tr |
1.21%
86,515
|
$7,978,112,000 | 6.15% |
| Vanguard Scottsdale Fds |
0.58%
101,822
|
$7,724,241,000 | 5.96% |
| Chevron Corp. |
Closed
36,086
|
$5,692,161,000 | |
| Spdr Gold Tr |
2.40%
24,092
|
$5,180,020,000 | 3.99% |
| Wisdomtree Tr |
1.54%
164,034
|
$5,024,358,000 | 3.87% |
| Vanguard Index Fds |
2.96%
27,484
|
$6,869,221,000 | 5.30% |
| Beyond Inc |
6.88%
321,185
|
$4,201,100,000 | 3.24% |
| Bitwise Bitcoin Etf Tr |
1.56%
128,296
|
$4,193,996,000 | 3.23% |
| Marathon Pete Corp |
Closed
13,544
|
$2,729,022,000 | |
| Apple Inc |
3.13%
12,639
|
$2,661,998,000 | 2.05% |
| Invesco Exch Traded Fd Tr Ii |
1.35%
29,898
|
$1,067,640,000 | 0.82% |
| Amazon.com Inc. |
1.06%
5,021
|
$970,308,000 | 0.75% |
| First Tr Exchange-traded Fd |
2.68%
14,977
|
$892,629,000 | 0.69% |
| NVIDIA Corp |
749.24%
5,622
|
$694,542,000 | 0.54% |
| Union Pac Corp |
1.07%
2,351
|
$531,847,000 | 0.41% |
| Berkshire Hathaway Inc. |
0.28%
708
|
$288,014,000 | 0.22% |
| Eaton Corp Plc |
No change
640
|
$200,672,000 | 0.15% |
| SoFi Technologies, Inc. |
Opened
23,031
|
$152,235,000 | 0.12% |
| NexGen Energy Ltd |
No change
11,000
|
$76,780,000 | 0.06% |
| Denison Mines Corp |
No change
10,850
|
$21,592,000 | 0.02% |
| Ur-Energy Inc. |
No change
10,800
|
$15,120,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 27 holdings | |||
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