Tnf 13F annual report
Tnf is an investment fund managing more than $269 billion ran by Ryan Wittman. There are currently 65 companies in Mr. Wittman’s portfolio. The largest investments include Ishares Tr and Spdr Ser Tr, together worth $192 billion.
$269 billion Assets Under Management (AUM)
As of 18th July 2024, Tnf’s top holding is 1,771,456 shares of Ishares Tr currently worth over $179 billion and making up 66.4% of the portfolio value.
In addition, the fund holds 216,917 shares of Spdr Ser Tr worth $13.8 billion.
The third-largest holding is Blackrock Etf Trust worth $11 billion and the next is Merck & Co Inc worth $7.63 billion, with 60,606 shares owned.
Currently, Tnf's portfolio is worth at least $269 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 Tnf
The Tnf office and employees reside in Billings, Montana. According to the last 13-F report filed with the SEC, Ryan Wittman serves as the Managing Partner at Tnf.
Recent trades
In the most recent 13F filing, Tnf revealed that it had opened a new position in
Ishares Tr and bought 56,019 shares worth $2.13 billion.
The investment fund also strengthened its position in Blackrock Etf Trust by buying
123,593 additional shares.
This makes their stake in Blackrock Etf Trust total 236,362 shares worth $11 billion.
On the other hand, there are companies that Tnf is getting rid of from its portfolio.
Tnf closed its position in Schwab Strategic Tr on 25th July 2024.
It sold the previously owned 16,925 shares for $733 million.
Ryan Wittman also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $179 billion and 1,771,456 shares.
One of the smaller hedge funds
The two most similar investment funds to Tnf are Van Den Berg Management I, Inc and Benchmark Wealth Advisors. They manage $269 billion and $269 billion respectively.
Ryan Wittman investment strategy
Tnf’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Health Care — making up 3.2% of
the total portfolio value.
The fund focuses on investments in the United States as
30.8% 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
29% of the total holdings value.
On the other hand, small-cap stocks make up only 3.1% of the portfolio.
The average market cap of the portfolio companies is close to $444 billion.
The complete list of Tnf trades based on 13F SEC filings
These positions were updated on July 25th 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 |
0.68%
1,771,456
|
$178,613,066,000 | 66.40% |
| Spdr Ser Tr |
36.50%
216,917
|
$13,804,604,000 | 5.13% |
| Blackrock Etf Trust |
109.60%
236,362
|
$10,979,014,000 | 4.08% |
| Merck & Co Inc |
63.08%
60,606
|
$7,631,488,000 | 2.84% |
| Schwab Strategic Tr |
3.52%
136,393
|
$6,253,623,000 | 2.32% |
| Ishares Inc |
22.39%
186,312
|
$9,787,324,000 | 3.64% |
| Apple Inc |
0.63%
20,025
|
$4,376,197,000 | 1.63% |
| Blackrock Etf Trust Ii |
162.49%
52,913
|
$2,777,929,000 | 1.03% |
| Spdr S&p 500 Etf Tr |
No change
4,634
|
$2,508,208,000 | 0.93% |
| Exxon Mobil Corp. |
7.61%
20,711
|
$2,382,009,000 | 0.89% |
| Ishares Tr |
Opened
56,019
|
$2,132,597,000 | 0.79% |
| Amazon.com Inc. |
2.12%
7,094
|
$1,282,808,000 | 0.48% |
| John Hancock Exchange Traded |
2.00%
43,967
|
$2,040,363,000 | 0.76% |
| Microsoft Corporation |
9.52%
2,313
|
$992,071,000 | 0.37% |
| Home Depot, Inc. |
0.41%
2,679
|
$938,569,000 | 0.35% |
| Berkshire Hathaway Inc. |
Opened
2,051
|
$887,673,000 | 0.33% |
| Goldman Sachs Etf Tr |
Opened
18,678
|
$848,915,000 | 0.32% |
| NVIDIA Corp |
778.44%
7,335
|
$837,972,000 | 0.31% |
| First Intst Bancsystem Inc |
1.67%
25,009
|
$790,297,000 | 0.29% |
| Vanguard Index Fds |
2.51%
8,908
|
$2,153,832,000 | 0.80% |
| Costco Whsl Corp New |
145.43%
886
|
$736,163,000 | 0.27% |
| Schwab Strategic Tr |
Closed
16,925
|
$733,043,000 | |
| Invesco Exchange Traded Fd T |
No change
28,549
|
$1,468,687,000 | 0.55% |
| Broadcom Inc |
899.52%
4,188
|
$633,813,000 | 0.24% |
| Ppg Inds Inc |
No change
5,047
|
$632,086,000 | 0.23% |
| American Express Co. |
0.62%
2,579
|
$621,618,000 | 0.23% |
| Vanguard World Fd |
0.29%
1,022
|
$572,586,000 | 0.21% |
| Eagle Bancorp Mont Inc |
No change
37,868
|
$541,512,000 | 0.20% |
| Spdr Dow Jones Indl Average |
0.17%
1,200
|
$478,558,000 | 0.18% |
| Cisco Sys Inc |
133.18%
10,155
|
$475,762,000 | 0.18% |
| Fidelity Covington Trust |
0.29%
2,789
|
$464,891,000 | 0.17% |
| AMGEN Inc. |
0.07%
1,380
|
$463,067,000 | 0.17% |
| Dimensional Etf Trust |
No change
10,674
|
$428,775,000 | 0.16% |
| Chevron Corp. |
0.04%
2,744
|
$425,522,000 | 0.16% |
| Select Sector Spdr Tr |
0.50%
10,093
|
$1,234,383,000 | 0.46% |
| Wisdomtree Tr |
0.37%
8,659
|
$419,339,000 | 0.16% |
| Vanguard Whitehall Fds |
0.09%
3,271
|
$397,859,000 | 0.15% |
| Stag Indl Inc |
No change
9,777
|
$387,560,000 | 0.14% |
| Deere & Co. |
No change
1,003
|
$370,498,000 | 0.14% |
| Analog Devices Inc. |
0.31%
1,594
|
$358,023,000 | 0.13% |
| Tjx Cos Inc New |
No change
3,090
|
$343,763,000 | 0.13% |
| JPMorgan Chase & Co. |
No change
1,494
|
$311,733,000 | 0.12% |
| Tesla Inc |
Opened
1,437
|
$310,378,000 | 0.12% |
| Pioneer Municipal High Incom |
0.06%
36,195
|
$303,312,000 | 0.11% |
| Abbvie Inc |
No change
1,682
|
$296,460,000 | 0.11% |
| Conocophillips |
No change
2,490
|
$276,585,000 | 0.10% |
| Qualcomm, Inc. |
No change
1,526
|
$276,313,000 | 0.10% |
| Spdr Gold Tr |
No change
1,235
|
$273,923,000 | 0.10% |
| Alphabet Inc |
No change
1,476
|
$257,378,000 | 0.10% |
| Public Storage Oper Co |
No change
852
|
$251,853,000 | 0.09% |
| Pimco Income Strategy Fd Ii |
No change
34,175
|
$243,326,000 | 0.09% |
| Ameriprise Finl Inc |
No change
567
|
$240,695,000 | 0.09% |
| United Parcel Service, Inc. |
Closed
1,606
|
$235,469,000 | |
| Vanguard Bd Index Fds |
9.78%
3,244
|
$235,191,000 | 0.09% |
| Ishares Tr |
Closed
4,499
|
$228,516,000 | |
| Becton Dickinson & Co. |
No change
950
|
$225,473,000 | 0.08% |
| Waste Mgmt Inc Del |
2.92%
1,031
|
$224,119,000 | 0.08% |
| International Business Machs |
No change
1,211
|
$222,848,000 | 0.08% |
| Schwab Strategic Tr |
Opened
2,142
|
$210,623,000 | 0.08% |
| Dimensional Etf Trust |
Opened
8,054
|
$205,447,000 | 0.08% |
| Vanguard Tax-managed Fds |
Opened
4,115
|
$205,427,000 | 0.08% |
| Ishares U S Etf Tr |
5.29%
7,729
|
$204,501,000 | 0.08% |
| Ford Mtr Co Del |
0.12%
14,539
|
$198,744,000 | 0.07% |
| Calamos Conv & High Income F |
20.55%
16,121
|
$182,164,000 | 0.07% |
| Sabra Health Care Reit Inc |
9.09%
10,616
|
$176,119,000 | 0.07% |
| Blackrock Corpor Hi Yld Fd I |
No change
12,461
|
$122,118,000 | 0.05% |
| Virtus Convertible & Income |
5.48%
16,809
|
$55,637,000 | 0.02% |
| Bark Inc |
No change
18,124
|
$26,642,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 68 holdings | |||
Hedge funds similar to Tnf
- Wakefield Asset Management Lllp
- Front Row Advisors
- Guidance Capital, Inc
- Wealth Effects
- Kps Global Asset Management Uk Ltd
- Wildcat Capital Management
- Van Den Berg Management I, Inc
- Benchmark Wealth Advisors
- Flagstone Management
- Drive Wealth Management
- Pya Waltman Capital
- Auour Investments
- Silverarc Capital Management
- Patriot Financial Partners Gp, L.P.