Family Asset Management 13F annual report
Family Asset Management is an investment fund managing more than $153 billion ran by Kimberly Chism-moore. There are currently 58 companies in Mrs. Chism-moore’s portfolio. The largest investments include Schwab Strategic Tr and Ishares Tr, together worth $85.1 billion.
$153 billion Assets Under Management (AUM)
As of 25th July 2024, Family Asset Management’s top holding is 258,209 shares of Schwab Strategic Tr currently worth over $21.5 billion and making up 14.0% of the portfolio value.
In addition, the fund holds 742,125 shares of Ishares Tr worth $63.6 billion.
The third-largest holding is Invesco Exchange Traded Fd T worth $5.25 billion and the next is Apple Inc worth $4.45 billion, with 21,111 shares owned.
Currently, Family Asset Management's portfolio is worth at least $153 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 Family Asset Management
The Family Asset Management office and employees reside in Charleston, South Carolina. According to the last 13-F report filed with the SEC, Kimberly Chism-moore serves as the CHIEF COMPLIANCE OFFICER at Family Asset Management.
Recent trades
In the most recent 13F filing, Family Asset Management revealed that it had opened a new position in
Blackrock Etf Trust Ii and bought 19,547 shares worth $1.02 billion.
The investment fund also strengthened its position in Blackrock Etf Trust Ii by buying
17,781 additional shares.
This makes their stake in Blackrock Etf Trust Ii total 75,510 shares worth $3.94 billion.
On the other hand, there are companies that Family Asset Management is getting rid of from its portfolio.
Family Asset Management closed its position in Global X Fds on 1st August 2024.
It sold the previously owned 19,447 shares for $801 million.
Kimberly Chism-moore also disclosed a decreased stake in Schwab Strategic Tr by 0.2%.
This leaves the value of the investment at $21.5 billion and 258,209 shares.
One of the smallest hedge funds
The two most similar investment funds to Family Asset Management are Equinox Partners Investment Management and Lapides Asset Management. They manage $153 billion and $153 billion respectively.
Kimberly Chism-moore investment strategy
Family Asset Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 4.1% of
the total portfolio value.
The fund focuses on investments in the United States as
32.8% 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
28% of the total holdings value.
On the other hand, small-cap stocks make up only 3.4% of the portfolio.
The average market cap of the portfolio companies is close to $427 billion.
The complete list of Family Asset Management trades based on 13F SEC filings
These positions were updated on August 1st 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 |
|---|---|---|---|
| Schwab Strategic Tr |
15.63%
258,209
|
$21,467,096,000 | 14.05% |
| Ishares Tr |
0.45%
742,125
|
$63,624,157,000 | 41.64% |
| Invesco Exchange Traded Fd T |
10.05%
54,449
|
$5,247,170,000 | 3.43% |
| Apple Inc |
0.17%
21,111
|
$4,446,308,000 | 2.91% |
| Blackrock Etf Trust Ii |
30.80%
75,510
|
$3,941,614,000 | 2.58% |
| J P Morgan Exchange Traded F |
54.18%
139,358
|
$7,095,070,000 | 4.64% |
| Select Sector Spdr Tr |
38.49%
89,128
|
$10,053,775,000 | 6.58% |
| Microsoft Corporation |
1.81%
5,289
|
$2,363,941,000 | 1.55% |
| Ishares Inc |
0.33%
47,568
|
$4,298,197,000 | 2.81% |
| Spdr S&p 500 Etf Tr |
0.03%
3,318
|
$1,805,455,000 | 1.18% |
| Spdr Index Shs Fds |
2.29%
23,927
|
$1,197,070,000 | 0.78% |
| Spdr Ser Tr |
17.28%
65,146
|
$3,859,532,000 | 2.53% |
| Hess Corporation |
21.05%
7,500
|
$1,106,400,000 | 0.72% |
| Blackrock Etf Trust Ii |
Opened
19,547
|
$1,015,271,000 | 0.66% |
| Global Pmts Inc |
0.01%
10,345
|
$1,000,362,000 | 0.65% |
| Amazon.com Inc. |
1.90%
5,100
|
$985,575,000 | 0.64% |
| Alphabet Inc |
1.44%
6,125
|
$1,122,260,000 | 0.73% |
| United Parcel Service, Inc. |
1.19%
6,379
|
$872,966,000 | 0.57% |
| First Tr Exchange-traded Fd |
No change
5,869
|
$1,119,999,000 | 0.73% |
| Sonoco Prods Co |
No change
16,856
|
$854,936,000 | 0.56% |
| Home Depot, Inc. |
0.17%
2,330
|
$801,997,000 | 0.52% |
| Boeing Co. |
1.03%
4,344
|
$790,651,000 | 0.52% |
| Mfa Finl Inc |
18.36%
74,172
|
$789,190,000 | 0.52% |
| Vanguard Whitehall Fds |
17.21%
6,764
|
$796,553,000 | 0.52% |
| Invesco Exch Traded Fd Tr Ii |
8.45%
36,508
|
$730,160,000 | 0.48% |
| Global X Fds |
Closed
19,447
|
$800,890,000 | |
| United Bankshares Inc West V |
No change
19,720
|
$639,725,000 | 0.42% |
| First Tr Exchange Traded Fd |
No change
13,066
|
$1,032,600,000 | 0.68% |
| Exxon Mobil Corp. |
0.08%
5,027
|
$578,708,000 | 0.38% |
| NVIDIA Corp |
874.54%
4,210
|
$520,103,000 | 0.34% |
| Wisdomtree Tr |
6.10%
6,879
|
$500,447,000 | 0.33% |
| Johnson & Johnson |
2.80%
3,345
|
$488,944,000 | 0.32% |
| Norfolk Southn Corp |
No change
2,150
|
$461,584,000 | 0.30% |
| Vanguard Index Fds |
83.78%
3,139
|
$707,332,000 | 0.46% |
| Janus Detroit Str Tr |
Closed
8,543
|
$433,472,000 | |
| JPMorgan Chase & Co. |
8.40%
1,896
|
$383,436,000 | 0.25% |
| Walmart Inc |
0.06%
5,435
|
$368,004,000 | 0.24% |
| Becton Dickinson & Co |
1.00%
1,517
|
$354,538,000 | 0.23% |
| Annaly Capital Management In |
12.69%
18,600
|
$354,524,000 | 0.23% |
| Berkshire Hathaway Inc. |
0.34%
871
|
$354,323,000 | 0.23% |
| Vanguard Specialized Funds |
5.53%
1,831
|
$334,191,000 | 0.22% |
| SouthState Corporation |
No change
4,280
|
$327,078,000 | 0.21% |
| Hess Midstream LP |
No change
7,500
|
$273,300,000 | 0.18% |
| The Southern Co. |
No change
3,402
|
$263,893,000 | 0.17% |
| Citizens Finl Group Inc |
11.92%
7,085
|
$255,266,000 | 0.17% |
| American Express Co. |
9.08%
1,057
|
$244,748,000 | 0.16% |
| Broadcom Inc |
4.61%
145
|
$232,927,000 | 0.15% |
| Vanguard Mun Bd Fds |
Opened
4,624
|
$231,709,000 | 0.15% |
| Vanguard Tax-managed Fds |
Opened
4,355
|
$215,220,000 | 0.14% |
| Vanguard Bd Index Fds |
Opened
3,756
|
$265,806,000 | 0.17% |
| Goldman Sachs Etf Tr |
Closed
2,903
|
$211,367,000 | |
| Monroe Cap Corp |
No change
27,340
|
$208,057,000 | 0.14% |
| VanEck ETF Trust |
7.81%
13,484
|
$578,788,000 | 0.38% |
| Ishares Tr |
Opened
11,510
|
$662,704,000 | 0.43% |
| Vanguard Index Fds |
Opened
1,042
|
$240,075,000 | 0.16% |
| Wisdomtree Tr |
Opened
2,121
|
$91,861,000 | 0.06% |
| Putnam Managed Mun Income Tr |
Closed
10,400
|
$62,296,000 | |
| New York Cmnty Bancorp Inc |
9.15%
18,010
|
$57,992,000 | 0.04% |
| Spdr Ser Tr |
Opened
1,540
|
$109,096,000 | 0.07% |
| Schwab Strategic Tr |
Opened
700
|
$36,407,000 | 0.02% |
| Spdr Index Shs Fds |
Opened
893
|
$31,532,000 | 0.02% |
| Select Sector Spdr Tr |
Opened
513
|
$19,704,000 | 0.01% |
| Schwab Strategic Tr |
Closed
173
|
$8,361,000 | |
| VanEck ETF Trust |
Closed
20
|
$510,000 | |
| Ishares Inc |
No change
0
|
$0 | |
| Ishares Tr |
No change
0
|
$0 | |
| No transactions found | |||
| Showing first 500 out of 66 holdings | |||
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