High Net Worth Advisory 13F annual report
High Net Worth Advisory is an investment fund managing more than $330 billion ran by David Morgan. There are currently 156 companies in Mr. Morgan’s portfolio. The largest investments include Vanguard Index Fds and Vanguard Specialized Funds, together worth $45.7 billion.
$330 billion Assets Under Management (AUM)
As of 10th July 2024, High Net Worth Advisory’s top holding is 77,525 shares of Vanguard Index Fds currently worth over $31.6 billion and making up 9.6% of the portfolio value.
In addition, the fund holds 77,130 shares of Vanguard Specialized Funds worth $14.1 billion.
The third-largest holding is NVIDIA Corp worth $13.5 billion and the next is Apple Inc worth $13.3 billion, with 62,949 shares owned.
Currently, High Net Worth Advisory's portfolio is worth at least $330 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 High Net Worth Advisory
The High Net Worth Advisory office and employees reside in Naples, Florida. According to the last 13-F report filed with the SEC, David Morgan serves as the Managing Partner at High Net Worth Advisory.
Recent trades
In the most recent 13F filing, High Net Worth Advisory revealed that it had opened a new position in
NEOS ETF Trust and bought 26,291 shares worth $1.33 billion.
This means they effectively own approximately 0.1% of the company.
NEOS ETF Trust makes up
37.6%
of the fund's Finance sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Vanguard Index Fds by buying
8,220 additional shares.
This makes their stake in Vanguard Index Fds total 77,525 shares worth $31.6 billion.
On the other hand, there are companies that High Net Worth Advisory is getting rid of from its portfolio.
High Net Worth Advisory closed its position in Texas Instrs Inc on 17th July 2024.
It sold the previously owned 1,971 shares for $336 million.
David Morgan also disclosed a decreased stake in Spdr Ser Tr by approximately 0.1%.
This leaves the value of the investment at $8.2 billion and 260,862 shares.
One of the smaller hedge funds
The two most similar investment funds to High Net Worth Advisory are Cypress Capital and Chi Advisors. They manage $329 billion and $329 billion respectively.
David Morgan investment strategy
High Net Worth Advisory’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 10.2% of
the total portfolio value.
The fund focuses on investments in the United States as
43.6% 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
42% 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 $205 billion.
The complete list of High Net Worth Advisory trades based on 13F SEC filings
These positions were updated on July 17th 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 Index Fds |
11.86%
77,525
|
$31,608,246,000 | 9.59% |
| Vanguard Specialized Funds |
18.53%
77,130
|
$14,081,512,000 | 4.27% |
| NVIDIA Corp |
828.88%
109,199
|
$13,490,481,000 | 4.09% |
| Apple Inc |
3.28%
62,949
|
$13,258,956,000 | 4.02% |
| Ishares Tr |
6.43%
535,223
|
$42,456,100,000 | 12.88% |
| Vanguard Whitehall Fds |
19.72%
188,026
|
$18,308,004,000 | 5.55% |
| J P Morgan Exchange Traded F |
34.49%
262,221
|
$14,691,793,000 | 4.46% |
| Abbvie Inc |
5.91%
46,574
|
$7,988,392,000 | 2.42% |
| Spdr Sp 500 Etf Tr |
373.05%
25,994
|
$5,944,291,000 | 1.80% |
| Microsoft Corporation |
8.69%
12,883
|
$5,758,631,000 | 1.75% |
| Schwab Strategic Tr |
17.57%
71,591
|
$5,567,367,000 | 1.69% |
| AMGEN Inc. |
7.81%
16,808
|
$5,251,959,000 | 1.59% |
| Amazon.com Inc. |
9.63%
26,901
|
$5,198,618,000 | 1.58% |
| Spdr Ser Tr |
0.41%
260,862
|
$8,204,221,000 | 2.49% |
| Pepsico Inc |
3.33%
30,031
|
$4,953,022,000 | 1.50% |
| Eli Lilly Co |
4.16%
5,054
|
$4,576,998,000 | 1.39% |
| HubSpot Inc |
1.07%
6,802
|
$4,011,752,000 | 1.22% |
| Abbott Labs |
0.94%
38,258
|
$3,975,473,000 | 1.21% |
| Exxon Mobil Corp. |
7.54%
31,484
|
$3,624,526,000 | 1.10% |
| Home Depot, Inc. |
15.81%
9,850
|
$3,390,764,000 | 1.03% |
| Invesco Exchange Traded Fd T |
9.50%
50,377
|
$3,201,187,000 | 0.97% |
| Nuveen Mun High Income Oppor |
41.67%
259,852
|
$2,803,831,000 | 0.85% |
| Costco Whsl Corp New |
2.47%
3,200
|
$2,719,982,000 | 0.83% |
| Jpmorgan Chase Co. |
2.42%
13,083
|
$2,646,491,000 | 0.80% |
| Invesco Exch Traded Fd Tr Ii |
0.56%
73,003
|
$3,414,547,000 | 1.04% |
| VanEck ETF Trust |
0.61%
118,252
|
$2,741,065,000 | 0.83% |
| Alphabet Inc |
0.44%
21,312
|
$3,897,172,000 | 1.18% |
| Global X Fds |
135.69%
128,164
|
$2,054,518,000 | 0.62% |
| Meta Platforms Inc |
16.40%
4,074
|
$2,054,272,000 | 0.62% |
| Chevron Corp. |
31.49%
13,016
|
$2,035,963,000 | 0.62% |
| Merck Co Inc |
0.56%
16,242
|
$2,010,790,000 | 0.61% |
| Pacer Fds Tr |
36.19%
57,457
|
$2,690,197,000 | 0.82% |
| Procter And Gamble Co |
2.38%
11,236
|
$1,853,170,000 | 0.56% |
| Vanguard World Fd |
22.46%
25,455
|
$6,505,306,000 | 1.97% |
| Raymond James Finl Inc |
0.68%
14,532
|
$1,796,417,000 | 0.55% |
| Ishares Inc |
1.78%
45,711
|
$2,295,951,000 | 0.70% |
| T Rowe Price Etf Inc |
266.77%
52,588
|
$1,651,789,000 | 0.50% |
| Walmart Inc |
235.33%
23,926
|
$1,620,095,000 | 0.49% |
| Coca-Cola Co |
32.74%
24,976
|
$1,589,722,000 | 0.48% |
| Johnson Johnson |
0.40%
9,961
|
$1,456,096,000 | 0.44% |
| Spdr Gold Tr |
3.89%
6,220
|
$1,337,362,000 | 0.41% |
| The Southern Co. |
4.31%
17,070
|
$1,324,167,000 | 0.40% |
| Caterpillar Inc. |
15.55%
3,902
|
$1,299,789,000 | 0.39% |
| Eaton Vance Tax-managed Glob |
9.26%
149,839
|
$1,266,148,000 | 0.38% |
| Parker-Hannifin Corp. |
6.02%
2,389
|
$1,208,380,000 | 0.37% |
| Medtronic Plc |
10.23%
15,105
|
$1,189,006,000 | 0.36% |
| Waste Mgmt Inc Del |
0.40%
5,287
|
$1,127,929,000 | 0.34% |
| Berkshire Hathaway Inc. |
37.88%
2,752
|
$1,119,514,000 | 0.34% |
| First Tr Exch Traded Fd Iii |
16.33%
23,027
|
$1,112,674,000 | 0.34% |
| Vanguard Mun Bd Fds |
7.84%
21,310
|
$1,067,895,000 | 0.32% |
| Select Sector Spdr Tr |
0.34%
14,275
|
$1,687,742,000 | 0.51% |
| Wisdomtree Tr |
2.74%
14,180
|
$1,031,595,000 | 0.31% |
| NEOS ETF Trust |
Opened
26,291
|
$1,327,166,000 | 0.40% |
| Vanguard Scottsdale Fds |
5.56%
21,281
|
$1,647,932,000 | 0.50% |
| Tesla Inc |
36.82%
4,925
|
$974,559,000 | 0.30% |
| Vanguard Index Fds |
Opened
10,252
|
$1,783,233,000 | 0.54% |
| First Tr Exchange-traded Fd |
0.89%
20,097
|
$1,268,532,000 | 0.38% |
| Blackrock Tax Municpal Bd Tr |
0.24%
57,059
|
$932,917,000 | 0.28% |
| United Parcel Service, Inc. |
2.83%
6,596
|
$902,663,000 | 0.27% |
| Lowes Cos Inc |
2.05%
3,982
|
$878,018,000 | 0.27% |
| Qualcomm, Inc. |
12.43%
4,252
|
$846,913,000 | 0.26% |
| Trane Technologies plc |
No change
2,570
|
$845,350,000 | 0.26% |
| RTX Corp |
5.72%
8,312
|
$834,442,000 | 0.25% |
| Duke Energy Corp. |
6.61%
8,069
|
$808,850,000 | 0.25% |
| Philip Morris International Inc |
6.19%
7,926
|
$803,142,000 | 0.24% |
| International Business Machs |
31.02%
4,519
|
$781,561,000 | 0.24% |
| Eaton Corp Plc |
15.12%
2,376
|
$744,995,000 | 0.23% |
| Moodys Corp |
No change
1,744
|
$734,102,000 | 0.22% |
| Bank America Corp |
13.62%
18,060
|
$718,293,000 | 0.22% |
| Mastercard Incorporated |
No change
1,611
|
$710,709,000 | 0.22% |
| Fidelity Covington Trust |
11.68%
15,129
|
$707,779,000 | 0.21% |
| Super Micro Computer Inc |
Opened
828
|
$678,422,000 | 0.21% |
| Novo-nordisk A S |
7.57%
4,716
|
$673,208,000 | 0.20% |
| Verizon Communications Inc |
2.42%
16,152
|
$666,108,000 | 0.20% |
| Unitedhealth Group Inc |
23.81%
1,248
|
$635,814,000 | 0.19% |
| Union Pac Corp |
16.54%
2,639
|
$597,399,000 | 0.18% |
| CSX Corp. |
No change
17,704
|
$592,199,000 | 0.18% |
| American Elec Pwr Co Inc |
12.43%
6,483
|
$568,818,000 | 0.17% |
| Cisco Sys Inc |
7.27%
11,816
|
$561,378,000 | 0.17% |
| Grainger W W Inc |
4.91%
600
|
$541,344,000 | 0.16% |
| Spdr Dow Jones Indl Average |
3.38%
1,347
|
$527,267,000 | 0.16% |
| Pfizer Inc. |
23.59%
18,646
|
$521,715,000 | 0.16% |
| Vanguard Intl Equity Index F |
1.74%
17,091
|
$826,985,000 | 0.25% |
| NextEra Energy Inc |
22.54%
7,189
|
$509,083,000 | 0.15% |
| Bristol-Myers Squibb Co. |
20.89%
11,859
|
$492,504,000 | 0.15% |
| Disney Walt Co |
No change
4,937
|
$490,220,000 | 0.15% |
| Williams Cos Inc |
33.13%
11,238
|
$477,615,000 | 0.14% |
| Mcdonalds Corp |
14.85%
1,872
|
$477,094,000 | 0.14% |
| Goldman Sachs Etf Tr |
37.50%
16,500
|
$787,035,000 | 0.24% |
| Kellanova Co |
0.78%
7,738
|
$446,328,000 | 0.14% |
| Arcellx Inc |
14.29%
8,000
|
$441,520,000 | 0.13% |
| Target Corp |
3.25%
2,951
|
$436,941,000 | 0.13% |
| L3Harris Technologies Inc |
12.46%
1,890
|
$424,491,000 | 0.13% |
| Iron Mtn Inc Del |
No change
4,692
|
$420,497,000 | 0.13% |
| Broadcom Inc. |
Opened
261
|
$419,043,000 | 0.13% |
| Tjx Cos Inc New |
25.05%
3,799
|
$418,379,000 | 0.13% |
| Capital Group Core Balanced |
Opened
13,625
|
$405,071,000 | 0.12% |
| Zoetis Inc |
No change
2,321
|
$402,464,000 | 0.12% |
| Lockheed Martin Corp. |
28.17%
860
|
$402,151,000 | 0.12% |
| Visa Inc |
1.37%
1,436
|
$376,907,000 | 0.11% |
| Alnylam Pharmaceuticals Inc |
No change
1,500
|
$364,500,000 | 0.11% |
| Okta Inc |
Opened
3,853
|
$360,679,000 | 0.11% |
| Vanguard Star Fds |
10.68%
5,760
|
$347,787,000 | 0.11% |
| Kimberly-Clark Corp. |
0.60%
2,492
|
$344,394,000 | 0.10% |
| Texas Instrs Inc |
Closed
1,971
|
$335,977,000 | |
| Constellation Energy Corp |
Opened
1,642
|
$328,843,000 | 0.10% |
| 3M Co. |
48.51%
3,199
|
$326,906,000 | 0.10% |
| Oneok Inc. |
0.76%
4,000
|
$326,200,000 | 0.10% |
| Regeneron Pharmaceuticals, Inc. |
No change
302
|
$317,411,000 | 0.10% |
| Boeing Co. |
35.48%
1,735
|
$315,787,000 | 0.10% |
| Vanguard Bd Index Fds |
No change
4,110
|
$315,237,000 | 0.10% |
| Illinois Tool Wks Inc |
22.13%
1,297
|
$307,337,000 | 0.09% |
| Novartis AG |
No change
2,870
|
$305,540,000 | 0.09% |
| Spdr Sp Midcap 400 Etf Tr |
No change
562
|
$300,715,000 | 0.09% |
| Oracle Corp. |
No change
2,123
|
$299,768,000 | 0.09% |
| Mccormick Co Inc |
16.19%
4,116
|
$291,989,000 | 0.09% |
| Abrdn Income Credit Strategi |
Opened
41,860
|
$283,815,000 | 0.09% |
| Marathon Pete Corp |
Opened
1,594
|
$276,527,000 | 0.08% |
| Fastenal Co. |
No change
4,396
|
$276,245,000 | 0.08% |
| Gilead Sciences, Inc. |
5.68%
4,019
|
$275,744,000 | 0.08% |
| Honeywell International Inc |
No change
1,290
|
$275,467,000 | 0.08% |
| Pimco Etf Tr |
Opened
6,022
|
$273,640,000 | 0.08% |
| Cytokinetics Inc |
No change
5,000
|
$270,900,000 | 0.08% |
| Ishares Tr |
Opened
1,654
|
$473,090,000 | 0.14% |
| Danaher Corp. |
5.00%
1,050
|
$262,343,000 | 0.08% |
| Pacer Fds Tr |
Opened
6,013
|
$261,926,000 | 0.08% |
| Pnc Finl Svcs Group Inc |
No change
1,679
|
$261,051,000 | 0.08% |
| Amplify Etf Tr |
Opened
6,688
|
$258,885,000 | 0.08% |
| Argenx Se |
No change
600
|
$258,024,000 | 0.08% |
| Etf Ser Solutions |
No change
9,900
|
$249,579,000 | 0.08% |
| Alibaba Group Hldg Ltd |
1.58%
3,426
|
$246,672,000 | 0.07% |
| IQVIA Holdings Inc |
No change
1,150
|
$243,156,000 | 0.07% |
| Vanguard Scottsdale Fds |
Closed
1,300
|
$238,615,000 | |
| Att Inc |
4.16%
12,362
|
$236,238,000 | 0.07% |
| Umb Finl Corp |
No change
2,800
|
$233,576,000 | 0.07% |
| Amphenol Corp. |
Opened
3,450
|
$232,427,000 | 0.07% |
| First Tr High Income Long / |
15.84%
18,798
|
$231,974,000 | 0.07% |
| Nuvalent Inc |
No change
3,000
|
$227,580,000 | 0.07% |
| Northrop Grumman Corp. |
Opened
513
|
$223,642,000 | 0.07% |
| National Grid Plc |
Closed
3,209
|
$218,180,000 | |
| Advanced Micro Devices Inc. |
Opened
1,327
|
$215,253,000 | 0.07% |
| Roper Technologies Inc |
No change
379
|
$213,627,000 | 0.06% |
| Truist Finl Corp |
9.72%
5,477
|
$212,781,000 | 0.06% |
| Occidental Pete Corp |
Closed
3,531
|
$210,836,000 | |
| Crowdstrike Holdings Inc |
Opened
550
|
$210,755,000 | 0.06% |
| Arista Networks Inc |
45.70%
600
|
$210,288,000 | 0.06% |
| Salesforce Inc |
Closed
797
|
$209,723,000 | |
| Deere Co |
Closed
520
|
$207,932,000 | |
| Altria Group Inc. |
Opened
4,549
|
$207,207,000 | 0.06% |
| Cardinal Health, Inc. |
Opened
2,100
|
$206,472,000 | 0.06% |
| Weyerhaeuser Co Mtn Be |
2.98%
7,240
|
$205,544,000 | 0.06% |
| Ark Etf Tr |
No change
4,671
|
$205,290,000 | 0.06% |
| ServiceNow Inc |
Opened
260
|
$204,534,000 | 0.06% |
| Chipotle Mexican Grill |
Opened
3,250
|
$203,613,000 | 0.06% |
| Palo Alto Networks Inc |
Opened
597
|
$202,389,000 | 0.06% |
| Comcast Corp New |
Closed
4,603
|
$201,870,000 | |
| Blackrock Inc. |
Closed
247
|
$200,777,000 | |
| Palantir Technologies Inc. |
Opened
7,900
|
$200,107,000 | 0.06% |
| Kenvue Inc |
23.55%
10,477
|
$190,482,000 | 0.06% |
| Geron Corp. |
No change
25,520
|
$108,205,000 | 0.03% |
| Nuveen Mun Value Fd Inc |
Opened
10,000
|
$86,300,000 | 0.03% |
| Gamco Global Gold Nat Res |
No change
19,475
|
$78,874,000 | 0.02% |
| Liberty All Star Equity Fd |
Opened
10,003
|
$68,020,000 | 0.02% |
| Biomea Fusion Inc |
Opened
10,000
|
$45,000,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 164 holdings | |||
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