Nova R Wealth 13F annual report
Nova R Wealth is an investment fund managing more than $194 billion ran by Eric Rodgers. There are currently 67 companies in Mr. Rodgers’s portfolio. The largest investments include Ishares Tr and Vanguard Scottsdale Fds, together worth $70 billion.
$194 billion Assets Under Management (AUM)
As of 11th July 2024, Nova R Wealth’s top holding is 375,130 shares of Ishares Tr currently worth over $45.9 billion and making up 23.6% of the portfolio value.
In addition, the fund holds 358,013 shares of Vanguard Scottsdale Fds worth $24.1 billion.
The third-largest holding is Blackrock Health Sciences Tr worth $13.9 billion and the next is American Centy Etf Tr worth $20.8 billion, with 315,269 shares owned.
Currently, Nova R Wealth's portfolio is worth at least $194 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 Nova R Wealth
The Nova R Wealth office and employees reside in Overland Park, Kansas. According to the last 13-F report filed with the SEC, Eric Rodgers serves as the Chief Compliance Officer at Nova R Wealth.
Recent trades
In the most recent 13F filing, Nova R Wealth revealed that it had opened a new position in
Costco Whsl Corp New and bought 267 shares worth $227 million.
The investment fund also strengthened its position in Vanguard Scottsdale Fds by buying
13,395 additional shares.
This makes their stake in Vanguard Scottsdale Fds total 358,013 shares worth $24.1 billion.
On the other hand, there are companies that Nova R Wealth is getting rid of from its portfolio.
Nova R Wealth closed its position in Caterpillar on 18th July 2024.
It sold the previously owned 588 shares for $215 million.
Eric Rodgers also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $45.9 billion and 375,130 shares.
One of the smallest hedge funds
The two most similar investment funds to Nova R Wealth are Weitzel Services and Rockingstone Advisors. They manage $194 billion and $194 billion respectively.
Eric Rodgers investment strategy
Nova R Wealth’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Health Care — making up 7.5% of
the total portfolio value.
The fund focuses on investments in the United States as
41.8% 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
42% 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 $338 billion.
The complete list of Nova R Wealth 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 |
|---|---|---|---|
| Ishares Tr |
1.29%
375,130
|
$45,863,414,000 | 23.64% |
| Vanguard Scottsdale Fds |
3.89%
358,013
|
$24,112,202,000 | 12.43% |
| Blackrock Health Sciences Tr |
5.04%
339,832
|
$13,882,146,000 | 7.16% |
| American Centy Etf Tr |
3.41%
315,269
|
$20,833,488,000 | 10.74% |
| Intuitive Surgical Inc |
0.71%
22,866
|
$10,172,077,000 | 5.24% |
| J P Morgan Exchange Traded F |
0.11%
144,756
|
$7,758,719,000 | 4.00% |
| Apple Inc |
0.62%
33,509
|
$7,057,721,000 | 3.64% |
| Vanguard Malvern Fds |
5.09%
136,697
|
$6,635,277,000 | 3.42% |
| Berkshire Hathaway Inc. |
1.65%
10,792
|
$4,390,180,000 | 2.26% |
| AMGEN Inc. |
0.03%
12,245
|
$3,825,898,000 | 1.97% |
| Amazon.com Inc. |
0.10%
18,378
|
$3,551,549,000 | 1.83% |
| Ishares Inc |
3.08%
65,641
|
$3,513,760,000 | 1.81% |
| Nxp Semiconductors N V |
0.73%
10,051
|
$2,704,579,000 | 1.39% |
| Schwab Strategic Tr |
51.48%
46,976
|
$3,095,979,000 | 1.60% |
| Microsoft Corporation |
17.67%
5,660
|
$2,529,697,000 | 1.30% |
| Vanguard Tax-managed Fds |
3.38%
47,711
|
$2,357,857,000 | 1.22% |
| Vanguard Wellington Fd |
4.13%
13,671
|
$2,053,382,000 | 1.06% |
| Garmin Ltd |
0.06%
12,355
|
$2,012,839,000 | 1.04% |
| Vanguard Specialized Funds |
0.46%
8,864
|
$1,618,073,000 | 0.83% |
| Stmicroelectronics N V |
0.94%
40,783
|
$1,601,953,000 | 0.83% |
| NVIDIA Corp |
801.32%
12,294
|
$1,518,799,000 | 0.78% |
| Vanguard Intl Equity Index F |
2.63%
32,425
|
$1,418,938,000 | 0.73% |
| NextEra Energy Inc |
3.21%
18,422
|
$1,304,480,000 | 0.67% |
| Texas Instrs Inc |
0.20%
5,884
|
$1,144,529,000 | 0.59% |
| Amphenol Corp. |
100.37%
16,056
|
$1,081,712,000 | 0.56% |
| Walmart Inc |
0.06%
15,580
|
$1,054,937,000 | 0.54% |
| Putnam Mun Opportunities Tr |
No change
99,997
|
$1,025,969,000 | 0.53% |
| Blackrock Muniyield Fd Inc |
No change
93,803
|
$1,017,765,000 | 0.52% |
| First Tr Exchange-traded Fd |
0.06%
7,036
|
$703,476,000 | 0.36% |
| Ansys Inc. |
0.79%
2,124
|
$682,866,000 | 0.35% |
| Mastercard Incorporated |
1.58%
1,539
|
$678,861,000 | 0.35% |
| Sp Global Inc |
No change
1,492
|
$665,304,000 | 0.34% |
| Chevron Corp. |
0.76%
4,243
|
$663,632,000 | 0.34% |
| Aptiv PLC |
0.59%
8,654
|
$609,390,000 | 0.31% |
| Spdr Sp 500 Etf Tr |
No change
1,058
|
$575,785,000 | 0.30% |
| Vanguard Index Fds |
2.95%
3,295
|
$809,579,000 | 0.42% |
| Meta Platforms Inc |
0.21%
964
|
$486,215,000 | 0.25% |
| ADT Inc |
0.86%
59,762
|
$454,193,000 | 0.23% |
| Visa Inc |
0.06%
1,624
|
$426,308,000 | 0.22% |
| Exxon Mobil Corp. |
6.87%
3,604
|
$414,839,000 | 0.21% |
| Oreilly Automotive Inc |
No change
389
|
$410,807,000 | 0.21% |
| Constellation Brands, Inc. |
1.73%
1,587
|
$408,178,000 | 0.21% |
| CDW Corp |
1.34%
1,821
|
$407,665,000 | 0.21% |
| Automatic Data Processing In |
1.61%
1,642
|
$391,972,000 | 0.20% |
| Tjx Cos Inc New |
1.31%
3,559
|
$391,862,000 | 0.20% |
| Schwab Charles Corp |
2.21%
4,900
|
$361,068,000 | 0.19% |
| Canadian Pacific Kansas City |
0.14%
4,251
|
$334,686,000 | 0.17% |
| Abbott Labs |
0.09%
3,203
|
$332,876,000 | 0.17% |
| Dimensional Etf Trust |
0.33%
9,790
|
$313,181,000 | 0.16% |
| IQVIA Holdings Inc |
No change
1,439
|
$304,262,000 | 0.16% |
| Mcdonalds Corp |
No change
1,155
|
$294,255,000 | 0.15% |
| Jpmorgan Chase Co. |
0.42%
1,443
|
$291,820,000 | 0.15% |
| Vanguard Star Fds |
0.81%
4,618
|
$278,449,000 | 0.14% |
| Procter And Gamble Co |
0.19%
1,595
|
$263,126,000 | 0.14% |
| Eaton Corp Plc |
2.70%
836
|
$262,192,000 | 0.14% |
| Blackrock Health Sciences Te |
20.54%
16,189
|
$248,658,000 | 0.13% |
| Home Depot, Inc. |
0.14%
696
|
$239,517,000 | 0.12% |
| Zoetis Inc |
No change
1,370
|
$237,564,000 | 0.12% |
| Coca-Cola Co |
0.38%
3,662
|
$233,078,000 | 0.12% |
| Costco Whsl Corp New |
Opened
267
|
$226,982,000 | 0.12% |
| Merck Co Inc |
0.27%
1,828
|
$226,256,000 | 0.12% |
| Alphabet Inc |
Opened
1,203
|
$219,073,000 | 0.11% |
| Caterpillar Inc. |
Closed
588
|
$215,399,000 | |
| Oneok Inc. |
0.31%
2,588
|
$211,032,000 | 0.11% |
| Dimensional Etf Trust |
Closed
3,828
|
$208,382,000 | |
| Marathon Pete Corp |
No change
1,193
|
$206,972,000 | 0.11% |
| Pepsico Inc |
Closed
1,179
|
$206,284,000 | |
| MPLX LP |
Opened
4,785
|
$203,798,000 | 0.11% |
| The Southern Co. |
Opened
2,610
|
$202,468,000 | 0.10% |
| The Shyft Group, Inc. |
6.52%
14,929
|
$177,057,000 | 0.09% |
| No transactions found | |||
| Showing first 500 out of 70 holdings | |||
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