Melone Private Wealth 13F annual report
Melone Private Wealth is an investment fund managing more than $169 billion ran by Louis Jr.. There are currently 26 companies in Mr. Jr.’s portfolio. The largest investments include Wisdomtree Tr and Spdr Dow Jones Indl Average, together worth $74.5 billion.
$169 billion Assets Under Management (AUM)
As of 5th July 2024, Melone Private Wealth’s top holding is 1,225,194 shares of Wisdomtree Tr currently worth over $61.8 billion and making up 36.6% of the portfolio value.
In addition, the fund holds 32,353 shares of Spdr Dow Jones Indl Average worth $12.7 billion.
The third-largest holding is Spdr Ser Tr worth $32.7 billion and the next is Nuveen Municipal Credit Inc worth $8.66 billion, with 700,822 shares owned.
Currently, Melone Private Wealth's portfolio is worth at least $169 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 Melone Private Wealth
The Melone Private Wealth office and employees reside in Auburn Hills, Michigan. According to the last 13-F report filed with the SEC, Louis Jr. serves as the Chief Compliance Officer at Melone Private Wealth.
Recent trades
In the most recent 13F filing, Melone Private Wealth revealed that it had increased its stake in
Wisdomtree Tr and bought 36,095 additional shares worth around .
On the other hand, Louis Jr. disclosed a decreased stake in Spdr Ser Tr by approximately 0.1%.
This leaves the value of the investment at $32.7 billion and 867,855 shares.
One of the smallest hedge funds
The two most similar investment funds to Melone Private Wealth are Fairfield, Bush & Co and Summit Investment Advisory Services. They manage $169 billion and $169 billion respectively.
Louis Jr. investment strategy
Melone Private Wealth’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Miscellaneous — making up 5.4% of
the total portfolio value.
The fund focuses on investments in the United States as
7.7% 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
8% of the total holdings value.
On the other hand, small-cap stocks make up only 3.8% of the portfolio.
The average market cap of the portfolio companies is close to $234 billion.
The complete list of Melone Private Wealth trades based on 13F SEC filings
These positions were updated on July 12th 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 |
|---|---|---|---|
| Wisdomtree Tr |
3.04%
1,225,194
|
$61,799,489,000 | 36.62% |
| Spdr Dow Jones Indl Average |
0.88%
32,353
|
$12,654,198,000 | 7.50% |
| Spdr Ser Tr |
1.77%
867,855
|
$32,726,135,000 | 19.39% |
| Nuveen Municipal Credit Inc |
1.90%
700,822
|
$8,655,154,000 | 5.13% |
| VanEck ETF Trust |
0.37%
280,452
|
$9,036,364,000 | 5.35% |
| Nuveen Mun Cr Opportunities |
1.81%
514,206
|
$5,671,696,000 | 3.36% |
| Nuveen Mun High Income Oppor |
2.25%
520,391
|
$5,615,016,000 | 3.33% |
| Blackrock Muniyield Mich Qu |
1.04%
376,687
|
$4,309,266,000 | 2.55% |
| Spdr Index Shs Fds |
1.69%
103,949
|
$3,915,751,000 | 2.32% |
| Ishares Tr |
2.54%
48,695
|
$4,734,842,000 | 2.81% |
| Nuveen Amt Free Qlty Mun Inc |
2.20%
208,350
|
$2,387,691,000 | 1.41% |
| Invesco Tr Invt Grade Muns |
1.19%
189,071
|
$1,941,756,000 | 1.15% |
| Blackrock Mun Income Quality |
1.30%
167,395
|
$1,918,351,000 | 1.14% |
| Berkshire Hathaway Inc. |
No change
1,154
|
$2,304,950,000 | 1.37% |
| Western Asset Managed Muns F |
1.06%
167,718
|
$1,735,879,000 | 1.03% |
| First Tr Exchange Traded Fd |
1.10%
25,272
|
$1,425,857,000 | 0.84% |
| Vanguard Index Fds |
No change
10,032
|
$3,066,931,000 | 1.82% |
| Nuveen Quality Muncp Income |
4.38%
96,570
|
$1,133,735,000 | 0.67% |
| Nuveen Amt Free Mun Cr Inc F |
1.29%
72,137
|
$898,833,000 | 0.53% |
| Huntington Bancshares, Inc. |
No change
49,699
|
$655,033,000 | 0.39% |
| Davis Fundamental Etf Tr |
No change
15,430
|
$626,778,000 | 0.37% |
| Proshares Tr |
No change
5,524
|
$530,980,000 | 0.31% |
| Ssga Active Etf Tr |
1.76%
7,681
|
$321,084,000 | 0.19% |
| Vanguard Bd Index Fds |
0.57%
3,690
|
$265,886,000 | 0.16% |
| Vanguard Scottsdale Fds |
0.65%
2,785
|
$222,600,000 | 0.13% |
| Spdr Sp 500 Etf Tr |
0.77%
395
|
$215,172,000 | 0.13% |
| No transactions found | |||
| Showing first 500 out of 26 holdings | |||
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