Udine Wealth Management, Inc 13F annual report
Udine Wealth Management, Inc is an investment fund managing more than $144 billion ran by Scott Udine. There are currently 24 companies in Mr. Udine’s portfolio. The largest investments include Spdr Ser Tr and Apple Inc, together worth $40.5 billion.
$144 billion Assets Under Management (AUM)
As of 8th July 2024, Udine Wealth Management, Inc’s top holding is 253,167 shares of Spdr Ser Tr currently worth over $23.2 billion and making up 16.2% of the portfolio value.
In addition, the fund holds 82,119 shares of Apple Inc worth $17.3 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Microsoft worth $16.1 billion and the next is Proshares Tr worth $12.3 billion, with 304,392 shares owned.
Currently, Udine Wealth Management, Inc's portfolio is worth at least $144 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 Udine Wealth Management, Inc
The Udine Wealth Management, Inc office and employees reside in Boca Raton, Florida. According to the last 13-F report filed with the SEC, Scott Udine serves as the Chief Compliance Officer at Udine Wealth Management, Inc.
Recent trades
In the most recent 13F filing, Udine Wealth Management, Inc revealed that it had opened a new position in
Advisorshares Tr and bought 360,472 shares worth $2.64 billion.
The investment fund also strengthened its position in Bank America Corp by buying
3,854 additional shares.
This makes their stake in Bank America Corp total 205,736 shares worth $8.18 billion.
On the other hand, there are companies that Udine Wealth Management, Inc is getting rid of from its portfolio.
Udine Wealth Management, Inc closed its position in Intel on 15th July 2024.
It sold the previously owned 84,998 shares for $3.75 billion.
Scott Udine also disclosed a decreased stake in Spdr Ser Tr by approximately 0.1%.
This leaves the value of the investment at $23.2 billion and 253,167 shares.
One of the smallest hedge funds
The two most similar investment funds to Udine Wealth Management, Inc are Findell Capital Management and Ballew Advisors, Inc. They manage $144 billion and $143 billion respectively.
Scott Udine investment strategy
Udine Wealth Management, Inc’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 24.3% of
the total portfolio value.
The fund focuses on investments in the United States as
54.2% 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
50% 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 $584 billion.
The complete list of Udine Wealth Management, Inc trades based on 13F SEC filings
These positions were updated on July 15th 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 |
|---|---|---|---|
| Spdr Ser Tr |
0.34%
253,167
|
$23,235,667,000 | 16.19% |
| Apple Inc |
1.35%
82,119
|
$17,295,904,000 | 12.05% |
| Microsoft Corporation |
0.22%
35,971
|
$16,077,238,000 | 11.20% |
| Proshares Tr |
79.83%
304,392
|
$12,327,876,000 | 8.59% |
| Alphabet Inc |
5.83%
65,565
|
$11,942,665,000 | 8.32% |
| Ishares Tr |
No change
107,750
|
$11,906,375,000 | 8.29% |
| Bank America Corp |
1.91%
205,736
|
$8,182,121,000 | 5.70% |
| Jpmorgan Chase Co. |
0.13%
32,676
|
$6,609,048,000 | 4.60% |
| Berkshire Hathaway Inc. |
0.21%
13,944
|
$5,672,419,000 | 3.95% |
| Intel Corp. |
Closed
84,998
|
$3,754,362,000 | |
| Amazon.com Inc. |
1.43%
17,209
|
$3,325,639,000 | 2.32% |
| Enovix Corporation |
28.04%
175,823
|
$2,718,224,000 | 1.89% |
| Advisorshares Tr |
Opened
360,472
|
$2,642,260,000 | 1.84% |
| Maplebear Inc |
Closed
56,556
|
$2,108,973,000 | |
| Palantir Technologies Inc. |
24.95%
77,604
|
$1,965,709,000 | 1.37% |
| Robinhood Mkts Inc |
Opened
86,127
|
$1,955,944,000 | 1.36% |
| DraftKings Inc. |
3.60%
50,475
|
$1,926,631,000 | 1.34% |
| Exxon Mobil Corp. |
5.15%
16,493
|
$1,898,674,000 | 1.32% |
| Dell Technologies Inc |
41.01%
13,613
|
$1,877,369,000 | 1.31% |
| Tesla Inc |
54.37%
9,359
|
$1,851,959,000 | 1.29% |
| Disney Walt Co |
5.85%
18,552
|
$1,842,028,000 | 1.28% |
| Home Depot, Inc. |
7.16%
5,313
|
$1,828,947,000 | 1.27% |
| Beyond Meat Inc |
Closed
50,916
|
$1,828,394,000 | |
| Bristol-Myers Squibb Co. |
Closed
33,571
|
$1,820,555,000 | |
| Uber Technologies Inc |
15.37%
24,938
|
$1,812,494,000 | 1.26% |
| Ishares Bitcoin Tr |
3.53%
52,056
|
$1,777,192,000 | 1.24% |
| PayPal Holdings Inc |
Closed
26,115
|
$1,749,444,000 | |
| Ishares Tr |
Closed
41,444
|
$1,702,520,000 | |
| Alibaba Group Hldg Ltd |
Opened
22,491
|
$1,619,352,000 | 1.13% |
| NVIDIA Corp |
923.02%
10,220
|
$1,262,579,000 | 0.88% |
| No transactions found | |||
| Showing first 500 out of 30 holdings | |||
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