Instrumental Wealth is an investment fund managing more than $96.8 billion ran by David Silver. There are currently 32 companies in Mr. Silver’s portfolio. The largest investments include Ishares Tr and Pacer Fds Tr, together worth $78.4 billion.
As of 19th July 2024, Instrumental Wealth’s top holding is 1,076,939 shares of Ishares Tr currently worth over $57.1 billion and making up 59.0% of the portfolio value.
In addition, the fund holds 487,886 shares of Pacer Fds Tr worth $21.4 billion.
The third-largest holding is Vanguard Index Fds worth $3.24 billion and the next is Amplify Etf Tr worth $3.02 billion, with 48,012 shares owned.
Currently, Instrumental Wealth's portfolio is worth at least $96.8 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.
The Instrumental Wealth office and employees reside in Tampa, Florida. According to the last 13-F report filed with the SEC, David Silver serves as the CEO at Instrumental Wealth.
In the most recent 13F filing, Instrumental Wealth revealed that it had opened a new position in
Stryker and bought 1,625 shares worth $532 million.
This means they effectively own approximately 0.1% of the company.
Stryker makes up
53.5%
of the fund's Health Care sector allocation and has grown its share price by 17.5% in the past year.
The investment fund also strengthened its position in Ishares Tr by buying
56,195 additional shares.
This makes their stake in Ishares Tr total 1,076,939 shares worth $57.1 billion.
On the other hand, there are companies that Instrumental Wealth is getting rid of from its portfolio.
Instrumental Wealth closed its position in Ishares Gold Tr on 26th July 2024.
It sold the previously owned 51,266 shares for $2.28 billion.
David Silver also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $3.24 billion and 36,796 shares.
The two most similar investment funds to Instrumental Wealth are Mainsail Management Company and Inflection Point Investments LL.P.. They manage $96.8 billion and $96.7 billion respectively.
Instrumental Wealth’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 3.5% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% 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
38% of the total holdings value.
On the other hand, small-cap stocks make up 15.6% of the portfolio.
The average market cap of the portfolio companies is close to $431 billion.
These positions were updated on July 26th 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 |
|---|---|---|---|
| Ishares Tr |
5.51%
1,076,939
|
$57,088,454,000 | 58.98% |
| Pacer Fds Tr |
7.47%
487,886
|
$21,358,809,000 | 22.07% |
| Vanguard Index Fds |
0.30%
36,796
|
$3,239,164,000 | 3.35% |
| Amplify Etf Tr |
3.06%
48,012
|
$3,022,330,000 | 3.12% |
| Ishares Gold Tr |
Closed
51,266
|
$2,284,948,000 | |
| Apple Inc |
1.32%
6,912
|
$1,503,383,000 | 1.55% |
| Microsoft Corporation |
2.40%
2,439
|
$1,020,494,000 | 1.05% |
| NVIDIA Corp |
941.16%
8,954
|
$1,005,302,000 | 1.04% |
| Amazon.com Inc. |
1.29%
5,042
|
$906,804,000 | 0.94% |
| Alphabet Inc |
7.29%
5,448
|
$917,595,000 | 0.95% |
| Exxon Mobil Corp. |
4.70%
4,569
|
$536,528,000 | 0.55% |
| Stryker Corp. |
Opened
1,625
|
$532,160,000 | 0.55% |
| Tidal Tr Ii |
2.85%
32,922
|
$497,116,000 | 0.51% |
| Meta Platforms Inc |
2.57%
1,024
|
$464,442,000 | 0.48% |
| Merck & Co Inc |
1.55%
3,670
|
$461,820,000 | 0.48% |
| Wheels Up Experience Inc |
33.11%
126,595
|
$383,584,000 | 0.40% |
| Fidelity Covington Trust |
1.56%
2,276
|
$375,836,000 | 0.39% |
| Chevron Corp. |
3.52%
2,238
|
$352,537,000 | 0.36% |
| Spdr Ser Tr |
1.75%
13,375
|
$313,767,000 | 0.32% |
| Berkshire Hathaway Inc. |
4.21%
718
|
$311,102,000 | 0.32% |
| Coca-Cola Co |
1.20%
4,648
|
$307,112,000 | 0.32% |
| Nuveen S&p 500 Buy-write Inc |
0.72%
22,704
|
$296,968,000 | 0.31% |
| Eli Lilly & Co |
0.88%
336
|
$276,273,000 | 0.29% |
| Ishares Inc |
Closed
4,438
|
$239,474,000 | |
| JPMorgan Chase & Co. |
4.46%
1,101
|
$229,735,000 | 0.24% |
| Ishares Tr |
Closed
3,896
|
$218,020,000 | |
| Vanguard Intl Equity Index F |
Opened
4,976
|
$215,183,000 | 0.22% |
| Visa Inc |
Closed
786
|
$212,923,000 | |
| Heritage Insurance Holdings Inc. |
No change
27,791
|
$210,934,000 | 0.22% |
| Fidelity Covington Trust |
Opened
8,069
|
$204,156,000 | 0.21% |
| Meritage Homes Corp. |
Opened
1,047
|
$202,246,000 | 0.21% |
| Ishares Tr |
Opened
1,877
|
$200,985,000 | 0.21% |
| Pimco Corporate & Income Opp |
0.36%
11,686
|
$166,409,000 | 0.17% |
| Riot Platforms Inc |
99.92%
10,672
|
$114,511,000 | 0.12% |
| D-wave Quantum Inc |
85.93%
54,240
|
$55,867,000 | 0.06% |
| Datasea Inc |
Opened
10,000
|
$27,600,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 36 holdings | |||