Betterwealth 13F annual report
Betterwealth is an investment fund managing more than $314 billion ran by Sue Cox. There are currently 39 companies in Mrs. Cox’s portfolio. The largest investments include Dimensional Etf Trust and Apple Inc, together worth $256 billion.
$314 billion Assets Under Management (AUM)
As of 12th July 2024, Betterwealth’s top holding is 7,217,708 shares of Dimensional Etf Trust currently worth over $225 billion and making up 71.8% of the portfolio value.
In addition, the fund holds 146,498 shares of Apple Inc worth $30.9 billion, whose value grew 17.0% in the past six months.
The third-largest holding is Vanguard Bd Index Fds worth $15.1 billion and the next is American Centy Etf Tr worth $13 billion, with 311,497 shares owned.
Currently, Betterwealth's portfolio is worth at least $314 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 Betterwealth
The Betterwealth office and employees reside in San Jose, California. According to the last 13-F report filed with the SEC, Sue Cox serves as the Chief Compliance Officer at Betterwealth.
Recent trades
In the most recent 13F filing, Betterwealth revealed that it had opened a new position in
Listed Fd Tr and bought 5,825 shares worth $263 million.
The investment fund also strengthened its position in Dimensional Etf Trust by buying
43,568 additional shares.
This makes their stake in Dimensional Etf Trust total 7,217,708 shares worth $225 billion.
On the other hand, there are companies that Betterwealth is getting rid of from its portfolio.
Betterwealth closed its position in Dimensional Etf Trust on 19th July 2024.
It sold the previously owned 52,794 shares for $1.96 billion.
Sue Cox also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $30.9 billion and 146,498 shares.
One of the smaller hedge funds
The two most similar investment funds to Betterwealth are Btg Pactual Global Asset Management Ltd and Meridian Investment Counsel Inc. They manage $314 billion and $314 billion respectively.
Sue Cox investment strategy
Betterwealth’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 10.6% of
the total portfolio value.
The fund focuses on investments in the United States as
38.5% 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
38% 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 $518 billion.
The complete list of Betterwealth trades based on 13F SEC filings
These positions were updated on July 19th 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 |
0.61%
7,217,708
|
$225,091,928,000 | 71.79% |
| Apple Inc |
2.59%
146,498
|
$30,855,350,000 | 9.84% |
| Vanguard Bd Index Fds |
11.88%
196,866
|
$15,099,653,000 | 4.82% |
| American Centy Etf Tr |
2.55%
311,497
|
$13,020,447,000 | 4.15% |
| Vanguard Scottsdale Fds |
6.68%
43,551
|
$3,481,023,000 | 1.11% |
| Alphabet Inc |
22.63%
19,872
|
$3,642,789,000 | 1.16% |
| Microsoft Corporation |
1.51%
5,113
|
$2,285,307,000 | 0.73% |
| NVIDIA Corp |
937.99%
17,376
|
$2,146,675,000 | 0.68% |
| Vanguard World Fd |
3.11%
27,739
|
$1,721,482,000 | 0.55% |
| Schwab Charles Family Fd |
0.85%
1,572,020
|
$1,572,020,000 | 0.50% |
| Johnson Johnson |
0.01%
10,185
|
$1,488,623,000 | 0.47% |
| Dimensional Etf Trust |
Closed
52,794
|
$1,959,468,000 | |
| Amazon.com Inc. |
5.31%
7,132
|
$1,378,259,000 | 0.44% |
| Vanguard Index Fds |
0.54%
8,945
|
$2,647,311,000 | 0.84% |
| Broadcom Inc. |
Closed
602
|
$797,475,000 | |
| Tesla Inc |
No change
3,693
|
$730,771,000 | 0.23% |
| Berkshire Hathaway Inc. |
0.75%
1,338
|
$544,298,000 | 0.17% |
| Qualcomm, Inc. |
No change
2,602
|
$518,266,000 | 0.17% |
| Eli Lilly Co |
No change
568
|
$514,106,000 | 0.16% |
| Target Corp |
1.32%
3,300
|
$488,532,000 | 0.16% |
| Chevron Corp. |
0.65%
3,090
|
$483,338,000 | 0.15% |
| Exponent Inc. |
No change
4,666
|
$443,830,000 | 0.14% |
| Cisco Sys Inc |
0.25%
9,098
|
$432,238,000 | 0.14% |
| KLA Corp. |
No change
519
|
$428,089,000 | 0.14% |
| Schwab Strategic Tr |
8.32%
6,565
|
$412,742,000 | 0.13% |
| Ishares Tr |
0.09%
1,094
|
$398,642,000 | 0.13% |
| Applied Matls Inc |
0.18%
1,635
|
$385,804,000 | 0.12% |
| Vanguard World Fd |
Closed
683
|
$358,154,000 | |
| Vanguard Star Fds |
21.38%
5,392
|
$325,135,000 | 0.10% |
| Baker Hughes Company |
No change
7,600
|
$267,292,000 | 0.09% |
| Listed Fd Tr |
Opened
5,825
|
$262,766,000 | 0.08% |
| Spdr Sp 500 Etf Tr |
2.44%
479
|
$260,681,000 | 0.08% |
| Manager Directed Portfolios |
0.67%
25,509
|
$246,672,000 | 0.08% |
| Starbucks Corp. |
No change
3,107
|
$241,845,000 | 0.08% |
| Pge Corp |
No change
13,600
|
$237,456,000 | 0.08% |
| Exxon Mobil Corp. |
0.29%
2,057
|
$236,784,000 | 0.08% |
| Koninklijke Philips N.V. |
Opened
9,302
|
$234,410,000 | 0.07% |
| Spdr Ser Tr |
63.38%
7,796
|
$225,071,000 | 0.07% |
| Procter And Gamble Co |
No change
1,267
|
$208,938,000 | 0.07% |
| Walmart Inc |
Opened
3,071
|
$207,920,000 | 0.07% |
| Vanguard Specialized Funds |
No change
1,133
|
$206,829,000 | 0.07% |
| Ford Mtr Co Del |
0.13%
11,937
|
$149,695,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 42 holdings | |||
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