Ratio Wealth 13F annual report

Ratio Wealth is an investment fund managing more than $523 billion ran by Josh Freedman. There are currently 43 companies in Mr. Freedman’s portfolio. The largest investments include Vanguard Scottsdale Fds and Vanguard Index Fds, together worth $110 billion.

Limited to 30 biggest holdings

$523 billion Assets Under Management (AUM)

As of 6th May 2024, Ratio Wealth’s top holding is 553,759 shares of Vanguard Scottsdale Fds currently worth over $44.6 billion and making up 8.5% of the portfolio value. In addition, the fund holds 263,550 shares of Vanguard Index Fds worth $65.8 billion. The third-largest holding is Ishares Tr worth $127 billion and the next is Global X Fds worth $26.3 billion, with 1,283,570 shares owned.

Currently, Ratio Wealth's portfolio is worth at least $523 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 Ratio Wealth

The Ratio Wealth office and employees reside in Denver, Colorado. According to the last 13-F report filed with the SEC, Josh Freedman serves as the Chief Compliance Officer at Ratio Wealth.

Recent trades

In the most recent 13F filing, Ratio Wealth revealed that it had opened a new position in Columbia Etf Tr I and bought 405,969 shares worth $20.6 billion.

The investment fund also strengthened its position in Vanguard Scottsdale Fds by buying 126,770 additional shares. This makes their stake in Vanguard Scottsdale Fds total 553,759 shares worth $44.6 billion.

On the other hand, there are companies that Ratio Wealth is getting rid of from its portfolio. Ratio Wealth closed its position in Ishares Tr on 13th May 2024. It sold the previously owned 34,549 shares for $1.09 billion. Josh Freedman also disclosed a decreased stake in Vanguard Index Fds by 0.1%. This leaves the value of the investment at $65.8 billion and 263,550 shares.

One of the average hedge funds

The two most similar investment funds to Ratio Wealth are Midwestone and Laurel Wealth Advisors. They manage $523 billion and $523 billion respectively.

Josh Freedman investment strategy

Ratio Wealth’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Miscellaneous — making up 3.7% of the total portfolio value. The fund focuses on investments in the United States as 34.9% 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 4.7% of the portfolio. The average market cap of the portfolio companies is close to $506 billion.

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

These positions were updated on May 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	29.69% 553,759	$44,583,137,000	8.53%
Vanguard Index Fds	13.74% 263,550	$65,767,908,000	12.58%
Ishares Tr	0.34% 2,069,553	$127,356,898,000	24.37%
Global X Fds	18.86% 1,283,570	$26,292,888,000	5.03%
Vanguard Specialized Funds	7.94% 134,696	$24,596,908,000	4.71%
Vanguard Whitehall Fds	17.76% 178,867	$21,641,065,000	4.14%
Columbia Etf Tr I	Opened 405,969	$20,611,046,000	3.94%
Vanguard Tax-managed Fds	6,618.46% 402,167	$20,176,718,000	3.86%
VanEck ETF Trust	Opened 217,807	$19,580,849,000	3.75%
Ishares Inc	4.48% 442,654	$22,171,149,000	4.24%
Vanguard Intl Equity Index F	10.50% 434,651	$21,613,834,000	4.14%
Invesco Exchange Traded Fd T	176.65% 74,971	$12,697,799,000	2.43%
Direxion Shs Etf Tr	20.80% 138,389	$12,344,299,000	2.36%
Vanguard World Fd	46.85% 94,439	$25,531,465,000	4.89%
Vanguard Index Fds	Opened 79,883	$19,572,539,000	3.75%
Proshares Tr	15.00% 70,988	$7,198,893,000	1.38%
Global X Fds	Opened 140,280	$5,584,547,000	1.07%
Vanguard Mun Bd Fds	Opened 68,860	$3,484,316,000	0.67%
Business First Bancshares In	4.68% 134,251	$2,991,112,000	0.57%
Select Sector Spdr Tr	7.12% 70,946	$4,773,483,000	0.91%
Apple Inc	1.71% 11,331	$1,943,115,000	0.37%
NVIDIA Corp	26.46% 2,021	$1,825,759,000	0.35%
Microsoft Corporation	4.21% 3,915	$1,647,292,000	0.32%
Spdr S&p 500 Etf Tr	5.09% 2,229	$1,165,908,000	0.22%
Ishares Tr	Closed 34,549	$1,093,130,000
Etf Ser Solutions	Closed 31,327	$979,139,000
Procter And Gamble Co	No change 5,240	$850,190,000	0.16%
Amazon.com Inc.	13.95% 4,419	$797,099,000	0.15%
Berkshire Hathaway Inc.	No change 1,714	$720,771,000	0.14%
Alphabet Inc	8.32% 7,579	$1,147,863,000	0.22%
Meta Platforms Inc	10.71% 1,225	$594,836,000	0.11%
Invesco Exchange Traded Fd T	Closed 19,389	$582,453,000
Johnson & Johnson	0.04% 2,260	$357,504,000	0.07%
Schwab Strategic Tr	No change 5,425	$331,174,000	0.06%
Ark 21shares Bitcoin Etf	Opened 4,384	$311,176,000	0.06%
Visa Inc	3.26% 1,044	$291,360,000	0.06%
Super Micro Computer Inc	Opened 265	$267,658,000	0.05%
Broadcom Inc.	62.22% 201	$266,407,000	0.05%
Conocophillips	No change 1,973	$251,123,000	0.05%
Ishares Tr	Opened 1,289	$230,873,000	0.04%
Unitedhealth Group Inc	No change 435	$215,195,000	0.04%
Phillips Edison & Co Inc	Opened 5,847	$209,732,000	0.04%
Exxon Mobil Corp.	Closed 1,758	$206,683,000
Oneok Inc.	Opened 2,576	$206,550,000	0.04%
JPMorgan Chase & Co.	Opened 1,025	$205,322,000	0.04%
DHT Holdings Inc	4.02% 12,183	$140,107,000	0.03%
Kosmos Energy Ltd	No change 12,000	$71,520,000	0.01%
No transactions found
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