Bip Wealth 13F annual report

Bip Wealth is an investment fund managing more than $1.22 trillion ran by Darrick Alford. There are currently 191 companies in Mr. Alford’s portfolio. The largest investments include Spdr Sp 500 Etf and Wisdomtree Floating Rate, together worth $525 billion.

Limited to 30 biggest holdings

$1.22 trillion Assets Under Management (AUM)

As of 1st August 2024, Bip Wealth’s top holding is 486,191 shares of Spdr Sp 500 Etf currently worth over $265 billion and making up 21.7% of the portfolio value. In addition, the fund holds 5,178,972 shares of Wisdomtree Floating Rate worth $261 billion. The third-largest holding is Ishares Treasury Floating Ra worth $62.7 billion and the next is Vanguard Index Fds Vanguard Total Stk Mkt Etf worth $56.4 billion, with 210,991 shares owned.

Currently, Bip Wealth's portfolio is worth at least $1.22 trillion. 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 Bip Wealth

The Bip Wealth office and employees reside in Atlanta, Georgia. According to the last 13-F report filed with the SEC, Darrick Alford serves as the CFO at Bip Wealth.

Recent trades

In the most recent 13F filing, Bip Wealth revealed that it had opened a new position in Dimensional U.S. Equity ETF and bought 4,249 shares worth $250 million. This means they effectively own approximately 0.1% of the company. Dimensional U.S. Equity ETF makes up 14.6% of the fund's Miscellaneous sector allocation and has grown its share price by 14.8% in the past year.

The investment fund also strengthened its position in Vanguard Index Fds Vanguard Value Etf Formerly Vanguard Index Tr by buying 20,165 additional shares. This makes their stake in Vanguard Index Fds Vanguard Value Etf Formerly Vanguard Index Tr total 262,180 shares worth $42.1 billion.

On the other hand, there are companies that Bip Wealth is getting rid of from its portfolio. Bip Wealth closed its position in Microstrategy on 8th August 2024. It sold the previously owned 3,006 shares for $5.12 billion. Darrick Alford also disclosed a decreased stake in Spdr Sp 500 Etf by approximately 0.1%. This leaves the value of the investment at $265 billion and 486,191 shares.

One of the largest hedge funds

The two most similar investment funds to Bip Wealth are Woodmont Investment Counsel and Bbr Partners. They manage $1.22 trillion and $1.22 trillion respectively.


Darrick Alford investment strategy

Bip Wealth’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 1.8% of the total portfolio value. The fund focuses on investments in the United States as 24.1% 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 21% of the total holdings value. On the other hand, small-cap stocks make up only 1.6% of the portfolio. The average market cap of the portfolio companies is close to $252 billion.

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

These positions were updated on August 8th 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 Sp 500 Etf
9.80%
486,191
$264,595,666,000 21.67%
Wisdomtree Floating Rate
14.92%
5,178,972
$260,554,169,000 21.34%
Ishares Treasury Floating Ra
21.33%
1,238,022
$62,718,214,000 5.14%
Vanguard Index Fds Vanguard Total Stk Mkt Etf
9.64%
210,991
$56,442,513,000 4.62%
Ishares Msci Eafe Etf
8.14%
607,596
$47,593,050,000 3.90%
Vanguard Index Fds Vanguard Value Etf Formerly Vanguard Index Tr
8.33%
262,180
$42,056,382,000 3.44%
Vanguard Intl Equity Index Fds Tt Wrld St Etf
17.53%
264,947
$29,841,141,000 2.44%
Vanguard Ftse All World
9.89%
492,613
$28,886,850,000 2.37%
Spdr Portfolio Sp 500 Value Etf
11.92%
586,186
$28,570,740,000 2.34%
Ishares Russell 2000
7.26%
93,209
$18,739,196,000 1.53%
Spdr Ssga Ultra Short
7.51%
391,946
$15,862,108,000 1.30%
Spdr Portfolio Short Term Corporate Bond Etf
21.11%
496,355
$14,741,769,000 1.21%
Spdr Portfolio S P 1500
17.61%
196,053
$13,008,148,000 1.07%
Wisdomtree International Smallcap Dividend Fund
5.81%
197,665
$12,539,957,000 1.03%
Wisdomtree International Largecap Dividend Fund
4.71%
235,625
$11,950,929,000 0.98%
Ishares Msci Emerging
5.52%
278,938
$11,879,990,000 0.97%
Wisdomtree Emerging Markets Smallcap Dividend Fund
9.76%
230,302
$11,846,782,000 0.97%
Apple Inc
13.31%
55,019
$11,588,242,000 0.95%
Vanguard Ftse Emerging
2.48%
255,624
$11,186,146,000 0.92%
Vanguard Large Cap Etf
1.99%
36,280
$9,056,213,000 0.74%
Wisdomtree Glb Ex Us Qly
16.35%
228,858
$8,943,840,000 0.73%
Ishares 0-5 Year Tips
5.74%
88,052
$8,760,436,000 0.72%
Ishares Global Reit Etf
7.38%
341,809
$7,947,064,000 0.65%
Ishares Msci Acwi Etf Iv
18.66%
69,348
$7,794,568,000 0.64%
Ishares Core Sp 500
1.62%
13,473
$7,373,173,000 0.60%
Dimensional Etf Trust Us Mktwide Value
9.19%
183,661
$7,212,408,000 0.59%
Ishares Interntinl
8.01%
143,770
$7,177,013,000 0.59%
Ishares Msci Eafe Value
0.74%
135,264
$7,174,459,000 0.59%
Spdr Portfolio Developed World Ex-us Etf
17.84%
197,664
$6,934,105,000 0.57%
Vanguard High Dividend
15.69%
58,381
$6,924,084,000 0.57%
Spdr Sp 600 Small Cap
5.25%
158,005
$12,904,862,000 1.06%
Wisdomtree Tr Us Smallcap Divd
7.96%
201,168
$6,266,411,000 0.51%
Home Depot, Inc.
2.65%
17,488
$6,020,222,000 0.49%
Verra Mobility Corporation
No change
219,745
$5,977,064,000 0.49%
Spdr Portfolio Sp 500 High Dividend Etf
20.32%
145,747
$5,863,431,000 0.48%
Vanguard Dividend
12.70%
30,679
$5,600,592,000 0.46%
Microsoft Corporation
3.22%
12,506
$5,589,970,000 0.46%
Microstrategy Inc.
Closed
3,006
$5,123,907,000
Spdr Sp Emerging Markets Small Cap Etf
6.03%
86,332
$5,000,391,000 0.41%
Vanguard Small Cap Etf
6.74%
18,177
$3,963,494,000 0.32%
Vanguard Growth Etf
0.60%
9,598
$3,589,748,000 0.29%
Spdr Index Shares Emerg
10.25%
92,447
$3,482,533,000 0.29%
Vanguard Intermediate
9.78%
42,215
$3,374,285,000 0.28%
Amazon.com Inc.
6.22%
17,324
$3,347,979,000 0.27%
Endava Plc F
4.37%
110,550
$3,232,482,000 0.26%
Spdr Portfolio Sp 500
6.73%
46,752
$2,992,133,000 0.25%
Spdr Sp International
3.04%
91,396
$2,900,951,000 0.24%
Berkshire Hathaway Inc.
0.22%
6,905
$2,808,954,000 0.23%
Vanguard Extended Market
8.41%
15,236
$2,571,827,000 0.21%
NVIDIA Corp
805.44%
20,816
$2,571,778,000 0.21%
Vanguard Small Cap Value
30.23%
13,223
$2,413,462,000 0.20%
Spdr Portfolio Sp 500 Growth Etf
1.89%
30,105
$2,412,323,000 0.20%
Wisdomtree Tr Us Midcap Divid
19.51%
50,473
$2,360,646,000 0.19%
Coca-Cola Co
1.52%
34,513
$2,196,813,000 0.18%
Exxon Mobil Corp.
18.12%
18,476
$2,127,046,000 0.17%
Ishares Msci Eafe Small
16.47%
33,398
$2,058,729,000 0.17%
Vanguard Scottsdale Fds Vanguard Short-term Corporate Bd Index Fd Etf Shs
17.08%
26,158
$2,021,507,000 0.17%
Wisdomtree Interl Ai End
22.94%
49,864
$1,962,677,000 0.16%
Ishares Core Sp Total Us Stock Market Etf
14.27%
15,810
$1,878,042,000 0.15%
Sprott Physical Gold Etv
0.10%
103,870
$1,875,892,000 0.15%
Ishares Msci Acwi Ex Us
12.42%
30,965
$1,645,170,000 0.13%
Vanguard Sp 500 Etf
2.40%
3,249
$1,625,121,000 0.13%
Accenture Plc F
Closed
4,492
$1,556,972,000
Mckesson Corporation
6.29%
2,591
$1,513,248,000 0.12%
Ishares Short Term Ntnl
17.63%
13,966
$1,460,175,000 0.12%
Spdr Dow Jone Global
13.75%
34,154
$1,418,444,000 0.12%
Ishares Russell 3000
0.04%
4,529
$1,398,088,000 0.11%
Alphabet Inc Cap Stk Cl C
12.98%
7,504
$1,376,432,000 0.11%
Charles Schwab Corp.
No change
18,061
$1,330,915,000 0.11%
Alphabet Inc Cap Stk Cl A
2.74%
6,948
$1,265,632,000 0.10%
WestRock Co
17.60%
24,224
$1,217,498,000 0.10%
Meta Platforms Inc
4.98%
2,404
$1,212,864,000 0.10%
Oracle Corp.
3.35%
8,218
$1,160,399,000 0.10%
Amern Tower Corp
2.74%
5,956
$1,157,883,000 0.09%
Global Payments, Inc.
2.85%
11,587
$1,120,463,000 0.09%
Ishares Msci Eafe Growth
10.19%
10,550
$1,079,265,000 0.09%
Technology Select Sector
11.42%
4,521
$1,022,786,000 0.08%
Walmart Inc
0.50%
14,698
$995,202,000 0.08%
Johnson Johnson
0.90%
6,759
$987,974,000 0.08%
American Centy Etf Tr Avantis All Eqt
176.03%
13,959
$967,642,000 0.08%
Spdr Portfolio Sp 400
23.19%
18,327
$940,198,000 0.08%
Broadcom Inc.
3.57%
581
$932,813,000 0.08%
Spdr Portfolio Tips Etf
32.09%
36,625
$931,007,000 0.08%
Ishares Core Msci Eafe
16.48%
12,641
$918,242,000 0.08%
Invsc Qqq Trust Srs 1
1.28%
1,898
$909,432,000 0.07%
Spdr Portfolio Sp 600
22.43%
21,648
$899,064,000 0.07%
Synovus Finl Co
0.40%
22,293
$895,956,000 0.07%
Nucor Corp.
Closed
4,502
$890,946,000
Spdr Intrmdt Trm Crprate
20.68%
27,121
$883,060,000 0.07%
iShares Select Dividend ETF
37.23%
6,782
$820,599,000 0.07%
Procter Gamble
1.63%
4,949
$816,315,000 0.07%
Vanguard Information
No change
1,414
$815,298,000 0.07%
Wisdomtree Tr Us Multifactor
11.75%
17,060
$775,237,000 0.06%
Costco Wholesale Corp
27.04%
901
$765,991,000 0.06%
Bank Of America Corp.
3.84%
18,773
$746,616,000 0.06%
Ishares Russell 1000
5.83%
4,343
$1,417,988,000 0.12%
Ishares Russell Mid Cap
14.88%
8,497
$688,973,000 0.06%
Eli Lilly And Co
20.53%
751
$680,025,000 0.06%
Visa Inc
7.06%
2,554
$670,397,000 0.05%
J P Morgan Chase Co
18.91%
3,297
$666,970,000 0.05%
Salesforce Inc
3.10%
2,593
$666,667,000 0.05%
Vanguard Health Care
No change
2,494
$663,404,000 0.05%
Marriott International Inc Com Usd0.01 Class A
0.47%
2,728
$659,549,000 0.05%
The Southern Co.
24.79%
8,236
$638,943,000 0.05%
Adobe Inc
46.84%
1,116
$619,982,000 0.05%
Ishares National Muni
16.55%
5,789
$616,818,000 0.05%
First Tr Nas 100 Eql
No change
4,913
$605,746,000 0.05%
Ishares Core Sp Small-cap E
1.70%
5,676
$605,402,000 0.05%
Ishares Tr Us Treas Bd Etf
35.38%
26,321
$594,065,000 0.05%
Pepsico Inc
15.86%
3,534
$583,009,000 0.05%
Enterprise Prods Part Lp
Closed
19,675
$574,145,000
Cheniere Energy Inc.
Closed
3,495
$563,674,000
Fidelity Msci Infor Tech
No change
3,156
$541,429,000 0.04%
Neovolta Inc
No change
200,214
$528,565,000 0.04%
Merck Co. Inc.
6.39%
4,074
$504,424,000 0.04%
Novo-nordisk As Vormal F
0.74%
3,530
$503,872,000 0.04%
Vanguard Mid Cap Etf
19.94%
2,048
$495,821,000 0.04%
Spdr Dow Jones
2.13%
1,243
$486,175,000 0.04%
Vanguard Ftse Developed
23.37%
9,805
$484,585,000 0.04%
RTX Corp
2.30%
4,792
$481,164,000 0.04%
Chevron Corp.
60.57%
2,980
$466,240,000 0.04%
Spdr Sp Dividend Etf
12.38%
3,631
$461,791,000 0.04%
Palo Alto Networks Inc
2.02%
1,355
$459,359,000 0.04%
Vanguard Real Estate
9.03%
5,411
$453,225,000 0.04%
Cisco Systems, Inc.
5.84%
9,155
$434,970,000 0.04%
Cincinnati Finl
1.17%
3,558
$420,200,000 0.03%
Spdr Index Shs Fds Portfli Msci Gbl
3.71%
6,870
$417,600,000 0.03%
Schwab Us Small Cap Etf
1.49%
8,633
$409,660,000 0.03%
Ibm Corp
10.59%
2,364
$408,854,000 0.03%
Vanguard Short Inflation
36.42%
8,314
$403,562,000 0.03%
Invsc Intl Dvdnd Achvrs
2.29%
22,300
$399,616,000 0.03%
Abbvie Inc
15.20%
2,299
$394,396,000 0.03%
Ishares Core Sp Us Value Etf
15.90%
4,390
$386,913,000 0.03%
Ishares Sp 500 Value Etf
0.05%
2,031
$369,788,000 0.03%
Ishares Sp 500 Growth Etf
2.89%
3,933
$363,986,000 0.03%
A T & T Inc
9.53%
18,984
$362,784,000 0.03%
Tesla Inc
70.56%
1,828
$361,725,000 0.03%
Ishares Inc Em Mkt Sm-cp Etf
0.03%
5,751
$351,529,000 0.03%
Schwab Us Large Cap
1.90%
3,434
$346,354,000 0.03%
Ishares Core 1-5 Year
15.98%
7,287
$345,185,000 0.03%
SouthState Corporation
0.74%
4,456
$340,528,000 0.03%
Vanguard Small Cap
3.22%
1,353
$338,464,000 0.03%
Mastercard Incorporated
15.05%
762
$336,196,000 0.03%
AMGEN Inc.
2.92%
1,064
$332,447,000 0.03%
Nike, Inc.
6.39%
4,392
$331,036,000 0.03%
Truist Finl Corp
No change
8,473
$329,176,000 0.03%
Tenet Healthcare Corp.
No change
2,470
$328,584,000 0.03%
Ishares Inc Core Msci Emerging Mkts Etf
46.37%
6,131
$328,220,000 0.03%
Workday Inc Com Usd0.001 Cl A
No change
1,450
$324,162,000 0.03%
Spdr Sp Midcap 400 Etf
Closed
576
$320,486,000
Ares Cap Corp
5.34%
14,672
$305,776,000 0.03%
Hims Hers Health Inc
0.07%
15,035
$303,557,000 0.02%
Park Hotels Resorts In
Closed
17,320
$302,936,000
Ishares Core Sp Mid-cap
Closed
4,960
$301,275,000
Wisdomtree Eurp Qly Div
No change
9,314
$298,603,000 0.02%
Ishares Sp 100 Etf
No change
1,121
$296,280,000 0.02%
Walt Disney Co (The)
Closed
2,409
$294,773,000
Royal Bank Of Canada F
Closed
2,921
$294,670,000
Charles Schwab Us Mc
6.34%
3,782
$294,381,000 0.02%
Norfolk Southern Corp.
No change
1,342
$288,114,000 0.02%
Vanguard Short-term Bond
12.10%
3,735
$286,475,000 0.02%
Ishares Tr Msci Kld400 Soc
61.22%
2,755
$286,107,000 0.02%
Blackstone Inc
Closed
2,145
$281,789,000
Ishares Tr Core Msci Total
7.23%
4,160
$281,088,000 0.02%
C3.ai Inc
Closed
10,300
$278,821,000
Duke Energy Corp New Com New Isin #us26441c2044 Sedol #b7jzsk0
4.56%
2,751
$275,825,000 0.02%
Advanced Micro Device In
Closed
1,520
$274,345,000
Blackstone Private Credi
1.60%
10,659
$272,343,000 0.02%
Ishares Us
1.64%
6,444
$271,421,000 0.02%
Mcdonalds Corp
21.04%
1,051
$267,902,000 0.02%
Schwab Us Broad Market
1.99%
4,245
$266,938,000 0.02%
Starbucks Corp.
Closed
2,877
$262,929,000
Eaton Corp Plc F
No change
834
$261,712,000 0.02%
Vanguard Intrmdiat Trm
Closed
4,399
$257,561,000
Lowes Companies Inc
Closed
1,006
$256,258,000
Comcast Corp
0.95%
6,538
$256,028,000 0.02%
NextEra Energy Inc
7.70%
3,597
$254,704,000 0.02%
Ishares Russell 1000 Value Etf
17.29%
1,454
$253,786,000 0.02%
Conocophillips
Closed
1,989
$253,160,000
Intuit Inc
6.10%
385
$253,026,000 0.02%
Dimensional U.S. Equity ETF
Opened
4,249
$250,054,000 0.02%
Cheniere Energy Partn Lp
Closed
5,000
$246,950,000
Select Str Financial
No change
5,990
$246,249,000 0.02%
Vanguard Mid Cap Value
2.15%
1,618
$243,420,000 0.02%
Spdr Sp 400 Mid Cap
Closed
3,182
$241,832,000
Ishares Us Technology Etf
No change
1,600
$240,800,000 0.02%
Regions Finl Co
17.21%
12,005
$240,591,000 0.02%
Caterpillar Inc.
Closed
641
$235,044,000
Philip Morris Intl
No change
2,305
$233,566,000 0.02%
Blackrock Inc.
Closed
280
$233,436,000
Invsc S P 500 Equal
5.16%
1,415
$232,535,000 0.02%
Netflix Inc.
Closed
380
$230,929,000
Genuine Parts Co.
0.92%
1,651
$228,366,000 0.02%
Motorola Solutions Inc
20.05%
590
$227,769,000 0.02%
American Express Co.
No change
982
$227,382,000 0.02%
Xylem Inc
Opened
1,675
$227,180,000 0.02%
W.R. Berkley Corp.
0.35%
2,856
$224,424,000 0.02%
Spdr Fund Consumer
11.82%
1,223
$223,075,000 0.02%
Avantis U S Large Cap
Opened
3,480
$218,683,000 0.02%
Texas Instruments Inc.
Opened
1,121
$218,068,000 0.02%
Abbott Laboratories
0.67%
2,084
$216,611,000 0.02%
Quanta Services, Inc.
0.82%
843
$214,303,000 0.02%
Spdr Msci Acwi Ex-us
No change
7,514
$212,721,000 0.02%
Cencora Inc.
Closed
872
$211,887,000
Fidelity Msci
No change
3,206
$209,594,000 0.02%
Pimco Enhanced Shrt
No change
2,050
$206,333,000 0.02%
Unitedhealth Grp Inc
36.58%
404
$205,741,000 0.02%
Pfizer Inc.
7.13%
7,230
$202,304,000 0.02%
Ishares Us Real Estate
Closed
2,245
$201,826,000
Rolls-royce Hldgs Ordf
Closed
99,900
$155,919,000
Carlyle Tactical Private
2.51%
15,157
$130,203,000 0.01%
American Oncology Network In
Closed
17,791
$97,673,000
Ares Real Estate Income
1.30%
11,448
$87,110,000 0.01%
Lightwave Logic Inc Com
No change
15,012
$44,886,000 0.00%
Multistrada Arah Ordf
Closed
150,000
$41,640,000
Novonix Ltd Ordf
Closed
11,654
$6,532,000
Quadrant 4 Systems
No change
45,000
$0 0.00%
Ibiz Technology Corp Xxx
No change
25,000
$0 0.00%
Paragon Offshore Plc F
Closed
10,915
$0
Eurogas Inc Xxx
No change
200,000
$0 0.00%
No transactions found
Showing first 500 out of 220 holdings