Wright Fund Management 13F annual report
Wright Fund Management is an investment fund managing more than $2.91 trillion ran by Albert Schweiss. There are currently 20 companies in Mr. Schweiss’s portfolio. The largest investments include Ishares Tr and Spdr Ser Tr, together worth $1.32 trillion.
$2.91 trillion Assets Under Management (AUM)
As of 24th July 2023, Wright Fund Management’s top holding is 11,815,190 shares of Ishares Tr currently worth over $739 billion and making up 25.4% of the portfolio value.
In addition, the fund holds 10,621,841 shares of Spdr Ser Tr worth $580 billion.
The third-largest holding is Vanguard Bd Index Fds worth $243 billion and the next is Ishares Tr worth $543 billion, with 7,083,483 shares owned.
Currently, Wright Fund Management's portfolio is worth at least $2.91 trillion. 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 Wright Fund Management
The Wright Fund Management office and employees reside in Santa Monica, California. According to the last 13-F report filed with the SEC, Albert Schweiss serves as the CEO at Wright Fund Management.
Recent trades
In the most recent 13F filing, Wright Fund Management revealed that it had opened a new position in
Ishares Tr and bought 11,815,190 shares worth $739 billion.
The investment fund also strengthened its position in Vanguard Bd Index Fds by buying
2,507,158 additional shares.
This makes their stake in Vanguard Bd Index Fds total 3,344,558 shares worth $243 billion.
On the other hand, there are companies that Wright Fund Management is getting rid of from its portfolio.
Wright Fund Management closed its position in Ishares Tr on 31st July 2023.
It sold the previously owned 1,865,400 shares for $185 billion.
Albert Schweiss also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $169 billion and 569,350 shares.
One of the largest hedge funds
The two most similar investment funds to Wright Fund Management are Bleakley and Auto-owners Insurance Co. They manage $2.91 trillion and $2.9 trillion respectively.
Albert Schweiss investment strategy
Wright Fund Management’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Miscellaneous — making up 1.0% of
the total portfolio value.
The fund focuses on investments in the Unknown as
100.0% of the portfolio companies
are based in the Unknown.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
5% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $0.
The complete list of Wright Fund 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 |
|---|---|---|---|
| Ishares Tr |
Opened
11,815,190
|
$738,641,918,000 | 25.40% |
| Spdr Ser Tr |
Opened
10,621,841
|
$579,561,972,000 | 19.93% |
| Vanguard Bd Index Fds |
299.40%
3,344,558
|
$243,115,921,000 | 8.36% |
| Ishares Tr |
35.19%
7,083,483
|
$542,919,688,000 | 18.67% |
| Ishares Tr |
Closed
1,865,400
|
$184,898,448,000 | |
| Vanguard Charlotte Fds |
27.79%
3,203,463
|
$156,585,271,000 | 5.38% |
| Invesco Exch Traded Fd Tr Ii |
146.54%
7,268,639
|
$152,932,165,000 | 5.26% |
| Vanguard Index Fds |
6.59%
569,350
|
$168,640,967,000 | 5.80% |
| Dbx Etf Tr |
Opened
2,143,600
|
$73,954,200,000 | 2.54% |
| Ssga Active Etf Tr |
Opened
1,462,306
|
$61,226,752,000 | 2.11% |
| Spdr Dow Jones Indl Average |
0.33%
158,215
|
$54,402,228,000 | 1.87% |
| Vanguard Mun Bd Fds |
Opened
522,700
|
$26,249,994,000 | 0.90% |
| VanEck ETF Trust |
Opened
964,500
|
$28,194,792,000 | 0.97% |
| J P Morgan Exchange Traded F |
0.29%
346,118
|
$19,150,709,000 | 0.66% |
| Pimco Etf Tr |
Opened
204,100
|
$18,611,879,000 | 0.64% |
| Flexshares Tr |
Opened
297,900
|
$12,047,076,000 | 0.41% |
| Select Sector Spdr Tr |
0.33%
147,693
|
$9,611,860,000 | 0.33% |
| Select Sector Spdr Tr |
Opened
275,610
|
$14,043,220,000 | 0.48% |
| Pgim Etf Tr |
Opened
150,000
|
$5,107,875,000 | 0.18% |
| Bny Mellon Etf Trust |
Opened
50,000
|
$2,323,760,000 | 0.08% |
| First Tr Exchng Traded Fd Vi |
114.77%
25,558
|
$617,737,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||
Hedge funds similar to Wright Fund Management
- Group One Trading, L.P.
- Senvest Management
- Skye Global Management L.P.
- Relative Value Partners
- Millburn Ridgefield Corp
- First Hawaiian Bank
- Bleakley
- Auto-owners Insurance Co
- Truepoint
- Lgt Capital Partners Ltd
- Wilbanks Smith & Thomas Asset Management
- Conning Inc
- Rmb Capital Management
- Forvis Wealth Advisors