Sterling Wealth Management 13F annual report

Sterling Wealth Management is an investment fund managing more than $174 billion ran by C. Salembier. There are currently 44 companies in Salembier’s portfolio. The largest investments include Spdr Ser Tr and Invesco Exchange Traded Fd T, together worth $95.5 billion.

Limited to 30 biggest holdings

$174 billion Assets Under Management (AUM)

As of 8th July 2024, Sterling Wealth Management’s top holding is 1,237,920 shares of Spdr Ser Tr currently worth over $72.1 billion and making up 41.4% of the portfolio value. In addition, the fund holds 368,579 shares of Invesco Exchange Traded Fd T worth $23.4 billion. The third-largest holding is Vanguard Tax-managed Fds worth $10.3 billion and the next is Ishares Tr worth $21.4 billion, with 258,364 shares owned.

Currently, Sterling Wealth Management's portfolio is worth at least $174 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 Sterling Wealth Management

The Sterling Wealth Management office and employees reside in Pasadena, California. According to the last 13-F report filed with the SEC, C. Salembier serves as the Financial Advisor & Principal at Sterling Wealth Management.

Recent trades

In the most recent 13F filing, Sterling Wealth Management revealed that it had opened a new position in Spdr Ser Tr and bought 1,237,920 shares worth $72.1 billion.

The investment fund also strengthened its position in Invesco Exchange Traded Fd T by buying 364,812 additional shares. This makes their stake in Invesco Exchange Traded Fd T total 368,579 shares worth $23.4 billion.

On the other hand, C. Salembier disclosed a decreased stake in Vanguard Intl Equity Index F by approximately 0.1%. This leaves the value of the investment at $269 million and 4,591 shares.

One of the smallest hedge funds

The two most similar investment funds to Sterling Wealth Management are Robbins Farley and Peak Financial Advisors. They manage $174 billion and $174 billion respectively.

C. Salembier investment strategy

Sterling Wealth Management’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 5.5% of the total portfolio value. The fund focuses on investments in the United States as 36.4% 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 34% 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 $589 billion.

The complete list of Sterling Wealth Management 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	Opened 1,237,920	$72,069,165,000	41.37%
Invesco Exchange Traded Fd T	9,684.42% 368,579	$23,419,500,000	13.44%
Vanguard Tax-managed Fds	Opened 208,028	$10,280,752,000	5.90%
Ishares Tr	Opened 258,364	$21,441,954,000	12.31%
Apple Inc	Opened 36,855	$7,762,336,000	4.46%
Workday Inc	Opened 20,940	$4,681,346,000	2.69%
Vanguard Index Fds	Opened 32,274	$5,552,816,000	3.19%
Spdr Index Shs Fds	Opened 149,409	$4,229,776,000	2.43%
Vanguard Index Fds	197.06% 6,874	$3,437,894,000	1.97%
Microsoft Corporation	Opened 5,492	$2,454,866,000	1.41%
Lpl Finl Hldgs Inc	Opened 6,629	$1,851,480,000	1.06%
Fs Kkr Cap Corp	Opened 75,368	$1,487,004,000	0.85%
Amazon.com Inc.	Opened 6,843	$1,322,410,000	0.76%
Berkshire Hathaway Inc.	Opened 607	$1,470,596,000	0.84%
Schwab Strategic Tr	Opened 17,455	$1,097,422,000	0.63%
Universal Hlth Svcs Inc	Opened 4,957	$916,698,000	0.53%
Alphabet Inc	Opened 7,880	$1,440,951,000	0.83%
Jpmorgan Chase Co.	Opened 3,978	$804,653,000	0.46%
Avery Dennison Corp.	Opened 2,969	$649,172,000	0.37%
AMGEN Inc.	Opened 1,835	$573,346,000	0.33%
Chevron Corp.	Opened 3,653	$571,333,000	0.33%
Nuveen California Muni Vlu F	Opened 53,993	$468,119,000	0.27%
Visa Inc	Opened 1,629	$427,532,000	0.25%
Vanguard World Fd	Opened 7,425	$425,255,000	0.24%
Mcdonalds Corp	Opened 1,414	$360,336,000	0.21%
Marsh Mclennan Cos Inc	Opened 1,575	$331,884,000	0.19%
Pepsico Inc	Opened 1,984	$327,270,000	0.19%
NVIDIA Corp	Opened 2,551	$315,160,000	0.18%
Tesla Inc	Opened 1,568	$310,276,000	0.18%
Unitedhealth Group Inc	Opened 604	$307,593,000	0.18%
Johnson Johnson	Opened 2,021	$295,359,000	0.17%
Lowes Cos Inc	Opened 1,317	$290,346,000	0.17%
Meta Platforms Inc	Opened 574	$289,422,000	0.17%
Vanguard Intl Equity Index F	6.69% 4,591	$269,216,000	0.15%
J P Morgan Exchange Traded F	Opened 5,078	$268,880,000	0.15%
Costco Whsl Corp New	Opened 304	$258,397,000	0.15%
Select Sector Spdr Tr	Opened 1,128	$255,187,000	0.15%
Home Depot, Inc.	Opened 730	$251,401,000	0.14%
Vanguard Admiral Fds Inc	Opened 1,296	$227,742,000	0.13%
Moog Inc.	Opened 1,370	$226,735,000	0.13%
Spdr Sp 500 Etf Tr	Opened 403	$219,400,000	0.13%
Pacer Fds Tr	Opened 5,646	$213,532,000	0.12%
Walmart Inc	Opened 3,057	$206,989,000	0.12%
V F Corp	Opened 10,000	$135,000,000	0.08%
No transactions found
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