Mgo Private Wealth 13F annual report

Mgo Private Wealth is an investment fund managing more than $159 billion ran by Charles Young. There are currently 50 companies in Mr. Young’s portfolio. The largest investments include Vanguard Index Fds and Vanguard Scottsdale Fds, together worth $56.6 billion.

Limited to 30 biggest holdings

$159 billion Assets Under Management (AUM)

As of 26th July 2024, Mgo Private Wealth’s top holding is 136,475 shares of Vanguard Index Fds currently worth over $44.5 billion and making up 28.0% of the portfolio value. In addition, the fund holds 204,751 shares of Vanguard Scottsdale Fds worth $12.1 billion. The third-largest holding is Ishares Tr worth $15 billion and the next is Vanguard Bd Index Fds worth $10.9 billion, with 150,847 shares owned.

Currently, Mgo Private Wealth's portfolio is worth at least $159 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 Mgo Private Wealth

The Mgo Private Wealth office and employees reside in Irvine, California. According to the last 13-F report filed with the SEC, Charles Young serves as the Chief Compliance Officer at Mgo Private Wealth.

Recent trades

In the most recent 13F filing, Mgo Private Wealth revealed that it had opened a new position in Vanguard Wellington Fd and bought 13,433 shares worth $1.34 billion.

The investment fund also strengthened its position in Vanguard Scottsdale Fds by buying 11,343 additional shares. This makes their stake in Vanguard Scottsdale Fds total 204,751 shares worth $12.1 billion.

On the other hand, there are companies that Mgo Private Wealth is getting rid of from its portfolio. Mgo Private Wealth closed its position in Ishares Inc on 2nd August 2024. It sold the previously owned 18,254 shares for $761 million. Charles Young also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%. This leaves the value of the investment at $44.5 billion and 136,475 shares.

One of the smallest hedge funds

The two most similar investment funds to Mgo Private Wealth are Scp Investment, L.P. and Criterion Capital Advisors. They manage $159 billion and $159 billion respectively.


Charles Young investment strategy

Mgo Private Wealth’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 5.7% of the total portfolio value. The fund focuses on investments in the United States as 44.0% 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 44% of the total holdings value. On the other hand, small-cap stocks make up only 4.0% of the portfolio. The average market cap of the portfolio companies is close to $416 billion.

The complete list of Mgo Private Wealth trades based on 13F SEC filings

These positions were updated on August 2nd 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
4.89%
136,475
$44,503,127,000 28.03%
Vanguard Scottsdale Fds
5.86%
204,751
$12,075,103,000 7.61%
Ishares Tr
1.83%
193,397
$14,955,914,000 9.42%
Vanguard Bd Index Fds
6.88%
150,847
$10,910,863,000 6.87%
Spdr Sp 500 Etf Tr
4.07%
12,555
$6,832,922,000 4.30%
Vanguard Intl Equity Index F
5.24%
289,717
$17,307,689,000 10.90%
Apple Inc
2.04%
26,198
$5,517,782,000 3.48%
Blackstone Secd Lending Fd
No change
111,351
$3,409,568,000 2.15%
Vanguard Mun Bd Fds
53.87%
66,657
$3,340,182,000 2.10%
Global X Fds
5.97%
124,736
$4,635,093,000 2.92%
Amazon.com Inc.
0.63%
15,951
$3,082,555,000 1.94%
Microsoft Corporation
0.30%
5,055
$2,259,549,000 1.42%
Select Sector Spdr Tr
46.33%
25,885
$2,428,248,000 1.53%
Ishares Inc
2.26%
71,091
$3,165,366,000 1.99%
Spdr Ser Tr
1.90%
86,038
$2,898,072,000 1.83%
Alphabet Inc
5.74%
11,165
$2,037,098,000 1.28%
Vanguard Whitehall Fds
66.78%
27,180
$1,932,375,000 1.22%
Wisdomtree Tr
1.00%
20,090
$1,423,012,000 0.90%
Vanguard Wellington Fd
Opened
13,433
$1,344,240,000 0.85%
NVIDIA Corp
1,162.42%
10,415
$1,286,675,000 0.81%
VanEck ETF Trust
5.07%
13,601
$953,702,000 0.60%
Berkshire Hathaway Inc.
1.29%
2,296
$934,013,000 0.59%
Crowdstrike Holdings Inc
3.94%
2,217
$849,532,000 0.54%
Costco Whsl Corp New
1.37%
961
$816,840,000 0.51%
Spdr Ser Tr
Opened
8,857
$812,895,000 0.51%
Ishares Inc
Closed
18,254
$761,192,000
Vanguard Malvern Fds
16.02%
15,287
$742,028,000 0.47%
Disney Walt Co
0.41%
7,336
$728,403,000 0.46%
Visa Inc
No change
2,643
$693,708,000 0.44%
Mastercard Incorporated
No change
1,358
$599,095,000 0.38%
Schwab Strategic Tr
Closed
11,590
$568,490,000
Home Depot, Inc.
No change
1,529
$526,343,000 0.33%
Zoetis Inc
No change
2,957
$512,626,000 0.32%
Meta Platforms Inc
1.42%
855
$431,108,000 0.27%
Jpmorgan Chase Co.
0.85%
2,102
$425,151,000 0.27%
Broadcom Inc
No change
234
$375,694,000 0.24%
Procter And Gamble Co
1.43%
2,131
$351,445,000 0.22%
Unitedhealth Group Inc
No change
637
$324,399,000 0.20%
Walmart Inc
0.18%
4,351
$294,623,000 0.19%
Danaher Corp.
No change
1,149
$287,078,000 0.18%
Thermo Fisher Scientific Inc.
No change
511
$282,583,000 0.18%
Tjx Cos Inc New
No change
2,494
$274,589,000 0.17%
Linde Plc.
No change
546
$239,590,000 0.15%
Invesco Exch Traded Fd Tr Ii
0.05%
3,653
$237,231,000 0.15%
Sp Global Inc
No change
511
$227,906,000 0.14%
DraftKings Inc.
2.95%
5,930
$226,348,000 0.14%
Abbott Labs
No change
2,156
$224,030,000 0.14%
Netflix Inc.
Opened
317
$213,937,000 0.13%
Intuit Inc
No change
322
$211,622,000 0.13%
Verisk Analytics Inc
Opened
749
$201,893,000 0.13%
Amphenol Corp.
Opened
2,996
$201,841,000 0.13%
Invesco Actvely Mngd Etc Fd
No change
14,030
$197,122,000 0.12%
Asensus Surgical Inc
Closed
10,000
$2,300,000
No transactions found
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