Aaf Wealth Management 13F annual report
Aaf Wealth Management is an investment fund managing more than $152 billion ran by Andrew Hammond. There are currently 26 companies in Mr. Hammond’s portfolio. The largest investments include Ishares Tr and Vanguard Index Fds, together worth $109 billion.
$152 billion Assets Under Management (AUM)
As of 8th November 2023, Aaf Wealth Management’s top holding is 729,761 shares of Ishares Tr currently worth over $80.3 billion and making up 52.8% of the portfolio value.
In addition, the fund holds 176,013 shares of Vanguard Index Fds worth $28.8 billion.
The third-largest holding is Invesco Exch Traded Fd Tr Ii worth $13.3 billion and the next is Vanguard Whitehall Fds worth $8.93 billion, with 144,225 shares owned.
Currently, Aaf Wealth Management's portfolio is worth at least $152 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 Aaf Wealth Management
The Aaf Wealth Management office and employees reside in Westborough, Massachusetts. According to the last 13-F report filed with the SEC, Andrew Hammond serves as the Chief Compliance Officer at Aaf Wealth Management.
Recent trades
In the most recent 13F filing, Aaf Wealth Management revealed that it had opened a new position in
Union Pac Corp and bought 1,203 shares worth $245 million.
The investment fund also strengthened its position in Ishares Tr by buying
19,293 additional shares.
This makes their stake in Ishares Tr total 729,761 shares worth $80.3 billion.
On the other hand, there are companies that Aaf Wealth Management is getting rid of from its portfolio.
Aaf Wealth Management closed its position in Medtronic Plc on 14th November 2023.
It sold the previously owned 2,616 shares for $230 million.
Andrew Hammond also disclosed a decreased stake in Vanguard Index Fds by 0.1%.
This leaves the value of the investment at $28.8 billion and 176,013 shares.
One of the smallest hedge funds
The two most similar investment funds to Aaf Wealth Management are Mader & Shannon Wealth Management and Netease. They manage $152 billion and $152 billion respectively.
Andrew Hammond investment strategy
Aaf Wealth Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.5% of
the total portfolio value.
The fund focuses on investments in the United States as
46.2% 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
46% 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 $710 billion.
The complete list of Aaf Wealth Management trades based on 13F SEC filings
These positions were updated on November 14th 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 |
2.72%
729,761
|
$80,317,412,000 | 52.81% |
| Vanguard Index Fds |
12.59%
176,013
|
$28,750,404,000 | 18.90% |
| Invesco Exch Traded Fd Tr Ii |
24.15%
90,318
|
$13,313,793,000 | 8.75% |
| Vanguard Whitehall Fds |
4.40%
144,225
|
$8,926,106,000 | 5.87% |
| Select Sector Spdr Tr |
6.14%
57,031
|
$7,342,085,000 | 4.83% |
| Apple Inc |
1.11%
19,744
|
$3,380,456,000 | 2.22% |
| Invesco Exchange Traded Fd T |
1.65%
124,675
|
$2,083,320,000 | 1.37% |
| Alphabet Inc |
No change
13,392
|
$1,765,736,000 | 1.16% |
| Meta Platforms Inc |
No change
2,340
|
$702,492,000 | 0.46% |
| Berkshire Hathaway Inc. |
No change
1,371
|
$1,011,388,000 | 0.67% |
| Microsoft Corporation |
0.06%
1,567
|
$494,684,000 | 0.33% |
| Spdr Sp 500 Etf Tr |
0.18%
1,090
|
$466,074,000 | 0.31% |
| Chevron Corp. |
2.12%
2,535
|
$427,478,000 | 0.28% |
| Amazon.com Inc. |
0.67%
2,964
|
$376,784,000 | 0.25% |
| Johnson Johnson |
29.50%
2,213
|
$344,720,000 | 0.23% |
| Merck Co Inc |
2.95%
2,698
|
$277,757,000 | 0.18% |
| RTX Corp |
6.45%
3,417
|
$245,952,000 | 0.16% |
| Union Pac Corp |
Opened
1,203
|
$244,870,000 | 0.16% |
| Medtronic Plc |
Closed
2,616
|
$230,494,000 | |
| Spdr Dow Jones Indl Average |
Opened
679
|
$227,378,000 | 0.15% |
| Verizon Communications Inc |
3.35%
6,911
|
$224,002,000 | 0.15% |
| Bristol-Myers Squibb Co. |
3.48%
3,856
|
$223,825,000 | 0.15% |
| Qualcomm, Inc. |
Closed
1,861
|
$221,564,000 | |
| Cisco Sys Inc |
Closed
4,169
|
$215,705,000 | |
| Honeywell International Inc |
No change
1,156
|
$213,628,000 | 0.14% |
| Eog Res Inc |
4.98%
1,678
|
$212,704,000 | 0.14% |
| Vici Pptys Inc |
Closed
6,720
|
$211,210,000 | |
| Comcast Corp New |
3.20%
4,713
|
$208,958,000 | 0.14% |
| Duke Energy Corp. |
Closed
2,294
|
$205,874,000 | |
| Alphabet Inc |
Opened
1,560
|
$204,142,000 | 0.13% |
| Ishares Tr |
Closed
1,906
|
$203,445,000 | |
| Jpmorgan Chase Co |
Closed
1,387
|
$201,683,000 | |
| Acrivon Therapeutics Inc |
No change
10,678
|
$102,082,000 | 0.07% |
| No transactions found | |||
| Showing first 500 out of 33 holdings | |||
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