Heirloom Wealth Management 13F annual report

Heirloom Wealth Management is an investment fund managing more than $309 billion ran by Rick Hurley. There are currently 38 companies in Mr. Hurley’s portfolio. The largest investments include Dimensional Etf Trust and Ishares Tr, together worth $85 billion.

Limited to 30 biggest holdings

$309 billion Assets Under Management (AUM)

As of 24th July 2024, Heirloom Wealth Management’s top holding is 1,116,972 shares of Dimensional Etf Trust currently worth over $44.8 billion and making up 14.5% of the portfolio value. In addition, the fund holds 1,739,632 shares of Ishares Tr worth $40.3 billion. The third-largest holding is Microsoft worth $23.4 billion and the next is Alphabet Inc worth $23.2 billion, with 126,594 shares owned.

Currently, Heirloom Wealth Management's portfolio is worth at least $309 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 Heirloom Wealth Management

The Heirloom Wealth Management office and employees reside in Greenwood Village, Colorado. According to the last 13-F report filed with the SEC, Rick Hurley serves as the CCO at Heirloom Wealth Management.

Recent trades

In the most recent 13F filing, Heirloom Wealth Management revealed that it had opened a new position in Brown & Brown and bought 45,572 shares worth $4.07 billion. This means they effectively own approximately 0.1% of the company. Brown & Brown makes up 11.2% of the fund's Finance sector allocation and has grown its share price by 32.2% in the past year.

The investment fund also strengthened its position in Dimensional Etf Trust by buying 92,093 additional shares. This makes their stake in Dimensional Etf Trust total 1,116,972 shares worth $44.8 billion.

On the other hand, there are companies that Heirloom Wealth Management is getting rid of from its portfolio. Heirloom Wealth Management closed its position in Unitedhealth Inc on 31st July 2024. It sold the previously owned 10,343 shares for $5.12 billion. Rick Hurley also disclosed a decreased stake in Microsoft by approximately 0.1%. This leaves the value of the investment at $23.4 billion and 52,340 shares.

One of the smaller hedge funds

The two most similar investment funds to Heirloom Wealth Management are Annapolis Services and Cipher Capital L.P.. They manage $309 billion and $309 billion respectively.

Rick Hurley investment strategy

Heirloom Wealth Management’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Technology — making up 21.9% of the total portfolio value. The fund focuses on investments in the United States as 52.6% 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 55% 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 $383 billion.

The complete list of Heirloom Wealth Management trades based on 13F SEC filings

These positions were updated on July 31st 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
Dimensional Etf Trust	8.99% 1,116,972	$44,768,820,000	14.50%
Ishares Tr	13.09% 1,739,632	$40,264,797,000	13.05%
Microsoft Corporation	0.53% 52,340	$23,393,427,000	7.58%
Alphabet Inc	1.49% 126,594	$23,219,887,000	7.52%
NVIDIA Corp	918.81% 168,593	$20,827,983,000	6.75%
Asml Holding N V	1.73% 17,750	$18,153,596,000	5.88%
Visa Inc	1.48% 67,449	$17,703,243,000	5.74%
Republic Svcs Inc	1.10% 74,011	$14,383,275,000	4.66%
Berkshire Hathaway Inc.	0.14% 33,488	$13,622,715,000	4.41%
Linde Plc.	1.11% 25,741	$11,295,311,000	3.66%
Novo-nordisk A S	1.02% 73,285	$10,460,630,000	3.39%
Apple Inc	3.47% 40,528	$8,535,939,000	2.77%
Vertex Pharmaceuticals, Inc.	1.50% 17,287	$8,102,763,000	2.63%
Parker-Hannifin Corp.	0.87% 14,031	$7,097,047,000	2.30%
Eli Lilly & Co	1.43% 7,737	$7,004,944,000	2.27%
Mcdonalds Corp	0.28% 27,232	$6,939,869,000	2.25%
Exxon Mobil Corp.	0.89% 56,812	$6,540,209,000	2.12%
MercadoLibre Inc	0.21% 3,350	$5,505,390,000	1.78%
Unitedhealth Group Inc	Closed 10,343	$5,116,682,000
General Dynamics Corp.	0.56% 17,340	$5,031,028,000	1.63%
Brown & Brown, Inc.	Opened 45,572	$4,074,593,000	1.32%
Schwab Strategic Tr	5.88% 36,212	$3,287,940,000	1.07%
Realty Income Corp.	17.52% 19,858	$1,048,874,000	0.34%
Costco Whsl Corp New	0.80% 1,137	$966,817,000	0.31%
Blackstone Inc	0.10% 7,688	$951,773,000	0.31%
Accenture Plc Ireland	No change 2,874	$872,000,000	0.28%
Enterprise Prods Partners L	No change 16,319	$472,925,000	0.15%
Dbx Etf Tr	1.40% 8,468	$423,908,000	0.14%
Chevron Corp.	7.41% 2,637	$412,480,000	0.13%
Vanguard Index Fds	No change 1,652	$399,949,000	0.13%
Concrete Pumping Holdings, Inc.	9.65% 64,971	$390,476,000	0.13%
Wells Fargo Co New	Closed 313	$381,657,000
Wp Carey Inc	44.62% 6,896	$379,632,000	0.12%
Amazon.com Inc.	26.34% 1,861	$359,638,000	0.12%
Prologis Inc	41.93% 2,726	$306,109,000	0.10%
Crown Castle Inc	39.45% 3,018	$294,822,000	0.10%
Pimco Etf Tr	80.06% 5,080	$512,467,000	0.17%
Vanguard Index Fds	Closed 895	$232,635,000
Healthcare Rlty Tr	32.88% 14,019	$231,031,000	0.07%
Omega Healthcare Invs Inc	Closed 7,208	$228,277,000
Intuitive Surgical Inc	Opened 464	$206,410,000	0.07%
Thermo Fisher Scientific Inc.	3.18% 365	$201,845,000	0.07%
No transactions found
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