Alaethes Wealth 13F annual report
Alaethes Wealth is an investment fund managing more than $241 billion ran by Cole Holmlund. There are currently 104 companies in Mr. Holmlund’s portfolio. The largest investments include Vanguard Scottsdale Fds and Apple Inc, together worth $36.2 billion.
$241 billion Assets Under Management (AUM)
As of 6th August 2024, Alaethes Wealth’s top holding is 417,942 shares of Vanguard Scottsdale Fds currently worth over $24.2 billion and making up 10.0% of the portfolio value.
In addition, the fund holds 56,861 shares of Apple Inc worth $12 billion, whose value grew 17.6% in the past six months.
The third-largest holding is NVIDIA Corp worth $10.4 billion and the next is Microsoft worth $8.95 billion, with 20,029 shares owned.
Currently, Alaethes Wealth's portfolio is worth at least $241 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 Alaethes Wealth
The Alaethes Wealth office and employees reside in Glenbrook, Nevada. According to the last 13-F report filed with the SEC, Cole Holmlund serves as the Wealth Advisor at Alaethes Wealth.
Recent trades
In the most recent 13F filing, Alaethes Wealth revealed that it had opened a new position in
Global X Fds and bought 59,510 shares worth $5.98 billion.
The investment fund also strengthened its position in Vanguard Scottsdale Fds by buying
227,854 additional shares.
This makes their stake in Vanguard Scottsdale Fds total 417,942 shares worth $24.2 billion.
On the other hand, there are companies that Alaethes Wealth is getting rid of from its portfolio.
Alaethes Wealth closed its position in Vanguard Scottsdale Fds on 13th August 2024.
It sold the previously owned 153,594 shares for $12.4 billion.
Cole Holmlund also disclosed a decreased stake in Broadcom Inc by approximately 0.1%.
This leaves the value of the investment at $4.68 billion and 2,913 shares.
One of the smallest hedge funds
The two most similar investment funds to Alaethes Wealth are Benson Investment Management and Town & Country Bank & Trust Co Dba First Bankers Trust Co. They manage $241 billion and $241 billion respectively.
Cole Holmlund investment strategy
Alaethes Wealth’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 26.3% of
the total portfolio value.
The fund focuses on investments in the United States as
64.4% 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
67% of the total holdings value.
On the other hand, small-cap stocks make up only 1.9% of the portfolio.
The average market cap of the portfolio companies is close to $199 billion.
The complete list of Alaethes Wealth trades based on 13F SEC filings
These positions were updated on August 13th 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 |
|---|---|---|---|
| Vanguard Scottsdale Fds |
119.87%
417,942
|
$24,236,482,000 | 10.04% |
| Vanguard Scottsdale Fds |
Closed
153,594
|
$12,365,853,000 | |
| Apple Inc |
1.45%
56,861
|
$11,976,128,000 | 4.96% |
| NVIDIA Corp |
886.28%
84,179
|
$10,399,424,000 | 4.31% |
| Microsoft Corporation |
1.72%
20,029
|
$8,951,947,000 | 3.71% |
| Amazon.com Inc. |
0.09%
34,755
|
$6,716,442,000 | 2.78% |
| Global X Fds |
Opened
59,510
|
$5,978,970,000 | 2.48% |
| Vanguard Mun Bd Fds |
23.05%
117,772
|
$5,901,555,000 | 2.45% |
| Ishares Tr |
15.05%
59,694
|
$7,121,573,000 | 2.95% |
| Alphabet Inc |
1.49%
37,275
|
$6,828,065,000 | 2.83% |
| Global X Fds |
Closed
215,765
|
$5,420,017,000 | |
| Arista Networks Inc |
0.24%
13,855
|
$4,855,788,000 | 2.01% |
| Broadcom Inc |
0.21%
2,913
|
$4,676,246,000 | 1.94% |
| Meta Platforms Inc |
0.30%
7,523
|
$3,793,030,000 | 1.57% |
| Novo-nordisk A S |
1.40%
24,293
|
$3,467,544,000 | 1.44% |
| Palo Alto Networks Inc |
1.29%
9,937
|
$3,368,643,000 | 1.40% |
| Adobe Inc |
2.66%
5,993
|
$3,329,358,000 | 1.38% |
| Crowdstrike Holdings Inc |
0.49%
8,149
|
$3,122,739,000 | 1.29% |
| Taiwan Semiconductor Mfg Ltd |
0.43%
17,724
|
$3,089,990,000 | 1.28% |
| JPMorgan Chase & Co. |
0.50%
15,195
|
$3,073,270,000 | 1.27% |
| Spdr Gold Tr |
2.20%
13,539
|
$2,911,063,000 | 1.21% |
| Applied Matls Inc |
0.13%
12,113
|
$2,858,574,000 | 1.18% |
| Asml Holding N V |
0.23%
2,573
|
$2,631,083,000 | 1.09% |
| Blackstone Inc |
0.84%
21,057
|
$2,606,797,000 | 1.08% |
| Advanced Micro Devices Inc. |
0.54%
15,542
|
$2,521,125,000 | 1.04% |
| Sap SE |
0.86%
12,139
|
$2,448,598,000 | 1.01% |
| Unitedhealth Group Inc |
2.80%
4,777
|
$2,432,893,000 | 1.01% |
| Intuitive Surgical Inc |
0.76%
5,449
|
$2,424,031,000 | 1.00% |
| Visa Inc |
1.80%
8,826
|
$2,316,653,000 | 0.96% |
| Exxon Mobil Corp. |
1.56%
19,705
|
$2,268,434,000 | 0.94% |
| UBS Group AG |
1.23%
75,657
|
$2,234,920,000 | 0.93% |
| Mitsubishi Ufj Finl Group In |
1.88%
203,955
|
$2,227,650,000 | 0.92% |
| Toll Brothers Inc. |
0.22%
19,307
|
$2,223,732,000 | 0.92% |
| Fair Isaac Corp. |
Opened
1,467
|
$2,183,864,000 | 0.91% |
| Oracle Corp. |
2.59%
15,247
|
$2,152,820,000 | 0.89% |
| Morgan Stanley |
2.40%
21,744
|
$2,113,251,000 | 0.88% |
| Chubb Limited |
2.31%
7,886
|
$2,018,729,000 | 0.84% |
| Chevron Corp. |
2.06%
12,405
|
$1,940,349,000 | 0.80% |
| TotalEnergies SE |
1.77%
28,574
|
$1,929,180,000 | 0.80% |
| T-Mobile US Inc |
2.25%
10,786
|
$1,900,277,000 | 0.79% |
| Williams Cos Inc |
1.40%
43,390
|
$1,844,065,000 | 0.76% |
| Caterpillar Inc. |
1.36%
5,517
|
$1,837,713,000 | 0.76% |
| Diamondback Energy Inc |
0.88%
9,173
|
$1,836,305,000 | 0.76% |
| Merck & Co Inc |
15.64%
14,710
|
$1,832,269,000 | 0.76% |
| Conocophillips |
1.28%
15,800
|
$1,807,167,000 | 0.75% |
| Canadian Nat Res Ltd |
102.59%
50,295
|
$1,790,502,000 | 0.74% |
| Valero Energy Corp. |
0.97%
11,322
|
$1,774,785,000 | 0.74% |
| Danaher Corp. |
3.05%
6,960
|
$1,740,735,000 | 0.72% |
| Cigna Group (The) |
1.93%
5,227
|
$1,728,022,000 | 0.72% |
| Thermo Fisher Scientific Inc. |
3.00%
3,093
|
$1,711,385,000 | 0.71% |
| Freeport-McMoRan Inc |
1.45%
34,400
|
$1,671,850,000 | 0.69% |
| CME Group Inc |
2.87%
8,349
|
$1,641,462,000 | 0.68% |
| Fortinet Inc |
3.07%
26,783
|
$1,614,235,000 | 0.67% |
| General Dynamics Corp. |
1.99%
5,488
|
$1,592,288,000 | 0.66% |
| Dexcom Inc |
0.67%
14,038
|
$1,591,625,000 | 0.66% |
| Kroger Co. |
1.12%
31,854
|
$1,590,450,000 | 0.66% |
| Johnson & Johnson |
18.77%
10,877
|
$1,589,748,000 | 0.66% |
| Generac Holdings Inc |
2.19%
11,968
|
$1,582,373,000 | 0.66% |
| Lockheed Martin Corp. |
2.48%
3,387
|
$1,581,917,000 | 0.66% |
| Toyota Motor Corporation |
1.40%
7,549
|
$1,547,342,000 | 0.64% |
| Netflix Inc. |
No change
2,279
|
$1,538,119,000 | 0.64% |
| Deere & Co. |
3.23%
4,087
|
$1,533,184,000 | 0.64% |
| Select Sector Spdr Tr |
0.93%
6,737
|
$1,524,119,000 | 0.63% |
| Bristol-Myers Squibb Co. |
Closed
27,263
|
$1,478,491,000 | |
| L3Harris Technologies Inc |
3.07%
6,555
|
$1,472,122,000 | 0.61% |
| Lululemon Athletica inc. |
Opened
4,895
|
$1,462,135,000 | 0.61% |
| Union Pac Corp |
2.87%
6,390
|
$1,445,843,000 | 0.60% |
| Philip Morris International Inc |
Opened
14,077
|
$1,444,420,000 | 0.60% |
| AMGEN Inc. |
14.49%
4,563
|
$1,425,709,000 | 0.59% |
| Monster Beverage Corp. |
3.59%
28,377
|
$1,417,421,000 | 0.59% |
| Stryker Corp. |
Opened
4,098
|
$1,397,623,000 | 0.58% |
| Abbvie Inc |
15.30%
7,980
|
$1,368,730,000 | 0.57% |
| Zscaler Inc |
9.87%
7,069
|
$1,358,514,000 | 0.56% |
| British Amern Tob Plc |
2.67%
42,735
|
$1,353,533,000 | 0.56% |
| Northrop Grumman Corp. |
3.10%
2,992
|
$1,304,336,000 | 0.54% |
| Diageo plc |
Closed
8,625
|
$1,296,866,000 | |
| Zoetis Inc |
13.58%
7,250
|
$1,256,860,000 | 0.52% |
| United Parcel Service, Inc. |
Closed
8,402
|
$1,248,778,000 | |
| Spdr S&p 500 Etf Tr |
91.14%
2,286
|
$1,248,108,000 | 0.52% |
| Bhp Group Ltd |
4.06%
21,752
|
$1,241,814,000 | 0.51% |
| Constellation Brands Inc |
3.39%
4,812
|
$1,238,134,000 | 0.51% |
| Vici Pptys Inc |
4.93%
41,055
|
$1,192,557,000 | 0.49% |
| Rockwell Automation Inc |
7.27%
4,251
|
$1,170,215,000 | 0.49% |
| Schlumberger Ltd. |
3.18%
24,340
|
$1,154,816,000 | 0.48% |
| Bunge Global SA |
Closed
11,063
|
$1,134,177,000 | |
| Genuine Parts Co. |
3.72%
7,915
|
$1,102,471,000 | 0.46% |
| D.R. Horton Inc. |
5.28%
7,681
|
$1,082,483,000 | 0.45% |
| Southern Copper Corporation |
Opened
9,992
|
$1,076,538,000 | 0.45% |
| Public Storage Oper Co |
9.16%
3,517
|
$1,011,665,000 | 0.42% |
| Tesla Inc |
0.31%
3,521
|
$696,911,000 | 0.29% |
| Inhibrx, Inc. |
Closed
19,341
|
$676,161,000 | |
| Spdr Ser Tr |
4.93%
5,590
|
$518,249,000 | 0.21% |
| Home Depot, Inc. |
73.82%
1,501
|
$516,801,000 | 0.21% |
| Costco Whsl Corp New |
57.39%
597
|
$507,444,000 | 0.21% |
| Waste Mgmt Inc Del |
0.18%
2,174
|
$463,801,000 | 0.19% |
| Vanguard Index Fds |
No change
895
|
$449,213,000 | 0.19% |
| Eli Lilly & Co |
No change
488
|
$441,825,000 | 0.18% |
| Qualcomm, Inc. |
52.93%
2,054
|
$409,116,000 | 0.17% |
| Starbucks Corp. |
4.15%
5,179
|
$403,186,000 | 0.17% |
| Wells Fargo Co New |
No change
5,363
|
$318,497,000 | 0.13% |
| The Southern Co. |
No change
3,905
|
$302,911,000 | 0.13% |
| Duke Energy Corp. |
No change
2,720
|
$272,626,000 | 0.11% |
| Mcdonalds Corp |
5.06%
1,031
|
$262,740,000 | 0.11% |
| Walmart Inc |
No change
3,847
|
$260,480,000 | 0.11% |
| Target Corp |
No change
1,738
|
$257,294,000 | 0.11% |
| Cisco Sys Inc |
0.15%
5,405
|
$256,792,000 | 0.11% |
| Vanguard World Fd |
3.20%
902
|
$240,803,000 | 0.10% |
| Marathon Pete Corp |
No change
1,346
|
$233,504,000 | 0.10% |
| Hormel Foods Corp. |
Closed
6,680
|
$233,065,000 | |
| Norfolk Southn Corp |
Closed
848
|
$216,130,000 | |
| Mckesson Corporation |
Opened
366
|
$213,986,000 | 0.09% |
| Allstate Corp (The) |
No change
1,309
|
$210,199,000 | 0.09% |
| Tango Therapeutics Inc |
No change
10,000
|
$85,800,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 113 holdings | |||
Hedge funds similar to Alaethes Wealth
- Jw Asset Management
- Mtm Investment Management
- Beech Hill Advisors
- Alpha Paradigm Partners
- Ria Advisory
- Jcic Asset Management
- Town & Country Bank & Trust Co Dba First Bankers Trust Co
- Benson Investment Management
- Sozo Ventures Gp Ii, L.P.
- Kelleher Financial Advisors
- Camarda Advisors
- Greencape Capital PTY Ltd
- Keystone Services
- Ewa