National Wealth Management 13F annual report
National Wealth Management is an investment fund managing more than $126 billion ran by Benjamin Jones. There are currently 85 companies in Mr. Jones’s portfolio. The largest investments include T Rowe Price Etf Inc and Ishares Tr, together worth $30.2 billion.
$126 billion Assets Under Management (AUM)
As of 2nd August 2024, National Wealth Management’s top holding is 394,168 shares of T Rowe Price Etf Inc currently worth over $13.8 billion and making up 11.0% of the portfolio value.
In addition, the fund holds 173,422 shares of Ishares Tr worth $16.4 billion.
The third-largest holding is Capital Group Intl Focus Eqt worth $4.99 billion and the next is NVIDIA Corp worth $4.89 billion, with 39,574 shares owned.
Currently, National Wealth Management's portfolio is worth at least $126 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 National Wealth Management
The National Wealth Management office and employees reside in Cincinnati, Ohio. According to the last 13-F report filed with the SEC, Benjamin Jones serves as the Chief Compliance Officer at National Wealth Management.
Recent trades
In the most recent 13F filing, National Wealth Management revealed that it had opened a new position in
Arista Networks Inc and bought 4,759 shares worth $1.67 billion.
This means they effectively own approximately 0.1% of the company.
Arista Networks Inc makes up
9.4%
of the fund's Technology sector allocation and has grown its share price by 88.5% in the past year.
The investment fund also strengthened its position in T Rowe Price Etf Inc by buying
14,872 additional shares.
This makes their stake in T Rowe Price Etf Inc total 394,168 shares worth $13.8 billion.
On the other hand, there are companies that National Wealth Management is getting rid of from its portfolio.
National Wealth Management closed its position in Abbvie Inc on 9th August 2024.
It sold the previously owned 5,274 shares for $960 million.
Benjamin Jones also disclosed a decreased stake in Capital Group Intl Focus Eqt by approximately 0.1%.
This leaves the value of the investment at $4.99 billion and 193,923 shares.
One of the smallest hedge funds
The two most similar investment funds to National Wealth Management are Fsc Wealth Advisors and Howard Wealth Management. They manage $126 billion and $126 billion respectively.
Benjamin Jones investment strategy
National Wealth Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Technology — making up 14.1% of
the total portfolio value.
The fund focuses on investments in the United States as
38.8% 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
35% 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 $222 billion.
The complete list of National Wealth Management trades based on 13F SEC filings
These positions were updated on August 9th 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 |
|---|---|---|---|
| T Rowe Price Etf Inc |
3.92%
394,168
|
$13,844,969,000 | 11.01% |
| Ishares Tr |
6.72%
173,422
|
$16,361,380,000 | 13.01% |
| Capital Group Intl Focus Eqt |
0.53%
193,923
|
$4,987,710,000 | 3.97% |
| NVIDIA Corp |
1,191.58%
39,574
|
$4,888,989,000 | 3.89% |
| Schwab Strategic Tr |
1.58%
109,755
|
$5,745,262,000 | 4.57% |
| Invesco Exch Traded Fd Tr Ii |
10.53%
20,726
|
$4,085,352,000 | 3.25% |
| Amazon.com Inc. |
23.72%
17,942
|
$3,467,292,000 | 2.76% |
| Berkshire Hathaway Inc. |
16.78%
8,200
|
$3,335,760,000 | 2.65% |
| Meta Platforms Inc |
3.81%
5,498
|
$2,772,380,000 | 2.21% |
| Vanguard Index Fds |
17.14%
15,466
|
$4,321,884,000 | 3.44% |
| Spdr Ser Tr |
2.91%
101,522
|
$6,345,624,000 | 5.05% |
| Vanguard World Fd |
5.87%
9,398
|
$3,304,530,000 | 2.63% |
| Vanguard Bd Index Fds |
21.59%
34,191
|
$2,479,646,000 | 1.97% |
| Pacer Fds Tr |
3.05%
85,397
|
$4,149,906,000 | 3.30% |
| Invesco Exchange Traded Fd T |
3.32%
33,902
|
$3,372,096,000 | 2.68% |
| Microsoft Corporation |
4.40%
4,012
|
$1,793,302,000 | 1.43% |
| Arista Networks Inc |
Opened
4,759
|
$1,667,934,000 | 1.33% |
| Procter And Gamble Co |
16.00%
9,803
|
$1,616,713,000 | 1.29% |
| Apple Inc |
12.55%
7,641
|
$1,609,409,000 | 1.28% |
| Vanguard Charlotte Fds |
17.09%
30,058
|
$1,462,928,000 | 1.16% |
| Vanguard Specialized Funds |
20.32%
7,090
|
$1,294,330,000 | 1.03% |
| Amphenol Corp. |
Opened
18,881
|
$1,272,013,000 | 1.01% |
| Alphabet Inc |
22.57%
7,860
|
$1,433,255,000 | 1.14% |
| GE Aerospace |
Opened
7,323
|
$1,164,154,000 | 0.93% |
| Applied Matls Inc |
11.15%
4,830
|
$1,139,832,000 | 0.91% |
| Powershares Actively Managed |
5.07%
19,665
|
$981,305,000 | 0.78% |
| Synopsys, Inc. |
Opened
1,647
|
$980,064,000 | 0.78% |
| Costco Whsl Corp New |
Opened
1,147
|
$975,206,000 | 0.78% |
| Abbvie Inc |
Closed
5,274
|
$960,395,000 | |
| Eli Lilly Co |
11.77%
1,049
|
$949,907,000 | 0.76% |
| Pulte Group Inc |
Closed
6,859
|
$827,333,000 | |
| Nxp Semiconductors N V |
Opened
2,754
|
$741,074,000 | 0.59% |
| Trade Desk Inc |
43.50%
7,544
|
$736,822,000 | 0.59% |
| Crowdstrike Holdings Inc |
Opened
1,852
|
$709,668,000 | 0.56% |
| Ishares Inc |
1.00%
13,001
|
$695,945,000 | 0.55% |
| Progressive Corp. |
Closed
3,323
|
$687,263,000 | |
| Ares Management Corp |
Opened
5,150
|
$686,392,000 | 0.55% |
| Align Technology, Inc. |
Closed
2,015
|
$660,759,000 | |
| Howmet Aerospace Inc. |
Opened
8,307
|
$644,872,000 | 0.51% |
| Freeport-McMoRan Inc |
Closed
13,702
|
$644,268,000 | |
| Oracle Corp. |
Closed
4,652
|
$584,341,000 | |
| Proshares Tr |
16.57%
20,093
|
$716,655,000 | 0.57% |
| Dimensional Etf Trust |
7.11%
17,063
|
$550,124,000 | 0.44% |
| Steel Dynamics Inc. |
Closed
3,613
|
$535,555,000 | |
| Taylor Devices Inc. |
0.93%
11,746
|
$528,335,000 | 0.42% |
| NRG Energy Inc. |
Closed
7,705
|
$521,551,000 | |
| Teradyne, Inc. |
Opened
3,515
|
$521,239,000 | 0.41% |
| Block Inc |
Closed
6,121
|
$517,714,000 | |
| Cintas Corporation |
No change
733
|
$513,291,000 | 0.41% |
| Enphase Energy Inc |
Closed
4,220
|
$510,536,000 | |
| Capital Group Dividend Value |
3.53%
15,419
|
$508,833,000 | 0.40% |
| Enbridge Inc |
0.97%
14,235
|
$506,624,000 | 0.40% |
| Tesla Inc |
69.09%
2,554
|
$505,386,000 | 0.40% |
| Tractor Supply Co. |
Closed
1,931
|
$505,381,000 | |
| J P Morgan Exchange Traded F |
27.86%
9,426
|
$475,749,000 | 0.38% |
| Spdr Gold Tr |
3.49%
2,197
|
$472,377,000 | 0.38% |
| Diamondback Energy Inc |
8.96%
2,358
|
$472,048,000 | 0.38% |
| Select Sector Spdr Tr |
19.20%
9,703
|
$1,148,203,000 | 0.91% |
| Republic Svcs Inc |
Closed
2,449
|
$468,839,000 | |
| Balchem Corp. |
Closed
2,987
|
$462,836,000 | |
| Brown Brown Inc |
Closed
5,168
|
$452,407,000 | |
| Home Depot, Inc. |
Opened
1,281
|
$440,904,000 | 0.35% |
| Okta Inc |
Closed
4,155
|
$434,696,000 | |
| First Tr Mid Cap Core Alphad |
8.47%
3,997
|
$433,759,000 | 0.35% |
| Capital Group Growth Etf |
1.86%
13,051
|
$429,238,000 | 0.34% |
| Palo Alto Networks Inc |
Opened
1,257
|
$426,136,000 | 0.34% |
| Verisk Analytics Inc |
Opened
1,564
|
$421,576,000 | 0.34% |
| Aon plc. |
Opened
1,434
|
$420,994,000 | 0.33% |
| Dollar Gen Corp New |
Closed
2,664
|
$415,744,000 | |
| Daqo New Energy Corp |
Closed
14,311
|
$402,855,000 | |
| First Tr Exchange-traded Fd |
9.44%
36,620
|
$2,164,027,000 | 1.72% |
| BWX Technologies Inc |
Closed
3,722
|
$381,952,000 | |
| Chubb Limited |
Closed
1,453
|
$376,516,000 | |
| Assurant Inc |
Opened
2,164
|
$359,817,000 | 0.29% |
| Catalent Inc. |
Closed
6,359
|
$358,966,000 | |
| Petroleo Brasileiro Sa Petro |
Closed
23,295
|
$354,320,000 | |
| First Tr Exchng Traded Fd Vi |
1.70%
14,002
|
$342,349,000 | 0.27% |
| Cava Group Inc |
No change
3,689
|
$342,155,000 | 0.27% |
| First Tr Exchange Traded Fd |
6.53%
7,166
|
$337,209,000 | 0.27% |
| PENN Entertainment Inc |
Opened
17,202
|
$332,945,000 | 0.26% |
| Salesforce Inc |
Closed
1,088
|
$327,684,000 | |
| Spdr Sp 500 Etf Tr |
15.34%
596
|
$324,117,000 | 0.26% |
| Novo-nordisk A S |
Opened
2,239
|
$319,595,000 | 0.25% |
| CVS Health Corp |
Opened
5,378
|
$317,625,000 | 0.25% |
| Vanguard Star Fds |
Closed
5,221
|
$314,845,000 | |
| First Tr Exchange Trad Fd Vi |
40.75%
13,043
|
$311,868,000 | 0.25% |
| Embraer S.A. |
No change
12,061
|
$311,174,000 | 0.25% |
| Fidelity Covington Trust |
No change
9,642
|
$311,051,000 | 0.25% |
| Novartis AG |
Opened
2,884
|
$307,031,000 | 0.24% |
| Capital Group Core Equity Et |
1.73%
9,369
|
$302,150,000 | 0.24% |
| Arch Cap Group Ltd |
Opened
2,941
|
$296,717,000 | 0.24% |
| Goldman Sachs Etf Tr |
Opened
2,758
|
$294,968,000 | 0.23% |
| Mckesson Corporation |
Opened
505
|
$294,940,000 | 0.23% |
| Golub Cap Bdc Inc |
Opened
18,236
|
$286,488,000 | 0.23% |
| Cincinnati Finl Corp |
Closed
2,169
|
$269,274,000 | |
| Centene Corp. |
Opened
4,036
|
$267,587,000 | 0.21% |
| Occidental Pete Corp |
Opened
4,234
|
$266,869,000 | 0.21% |
| VanEck ETF Trust |
10.70%
793
|
$250,731,000 | 0.20% |
| Corteva Inc |
Closed
4,213
|
$242,964,000 | |
| Spdr Index Shs Fds |
2.29%
6,375
|
$240,151,000 | 0.19% |
| Capital Grp Fixed Incm Etf T |
2.07%
10,631
|
$236,221,000 | 0.19% |
| Vanguard Tax-managed Fds |
0.94%
4,626
|
$228,617,000 | 0.18% |
| Shopify Inc |
1.74%
3,283
|
$216,842,000 | 0.17% |
| Exxon Mobil Corp. |
Closed
1,845
|
$214,443,000 | |
| Boeing Co. |
Opened
1,167
|
$212,455,000 | 0.17% |
| Spdr Ser Tr |
Opened
2,633
|
$210,982,000 | 0.17% |
| Invesco Exchange Traded Fd T |
Closed
16,270
|
$367,275,000 | |
| Advanced Micro Devices Inc. |
37.65%
1,272
|
$206,331,000 | 0.16% |
| NextEra Energy Inc |
Closed
3,219
|
$205,733,000 | |
| Eaton Vance Tax-managed Buy- |
4.75%
12,024
|
$164,368,000 | 0.13% |
| Plug Power Inc |
163.97%
63,240
|
$147,349,000 | 0.12% |
| Fs Credit Opportunities Corp |
Closed
15,781
|
$93,581,000 | |
| Tellurian Inc |
No change
10,000
|
$6,926,000 | 0.01% |
| Matinas Biopharma Holdings Inc |
8.38%
38,250
|
$6,055,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 114 holdings | |||
Hedge funds similar to National Wealth Management
- Wespac Advisors
- Whalen Wealth Management
- Client First Investment Management
- Mcdonough Capital Management, Inc
- American Institute For Advanced Investment Management, LL.P.
- Better Money Decisions
- Howard Wealth Management
- Fsc Wealth Advisors
- Montvue Capital Management
- Ehrlich Financial Group
- Walker Services
- Prospect Services
- Kades & Cheifetz
- Riverglades Family Offices