Twin Peaks Wealth Advisors 13F annual report

Twin Peaks Wealth Advisors is an investment fund managing more than $196 billion ran by Katrina Hermanson. There are currently 79 companies in Mrs. Hermanson’s portfolio. The largest investments include Apple Inc and First Tr Exchng Traded Fd Vi, together worth $38.9 billion.

Limited to 30 biggest holdings

$196 billion Assets Under Management (AUM)

As of 24th July 2024, Twin Peaks Wealth Advisors’s top holding is 61,350 shares of Apple Inc currently worth over $12.9 billion and making up 6.6% of the portfolio value. Relative to the number of outstanding shares of Apple Inc, Twin Peaks Wealth Advisors owns more than approximately 0.1% of the company. In addition, the fund holds 810,275 shares of First Tr Exchng Traded Fd Vi worth $25.9 billion. The third-largest holding is Ishares Tr worth $37.4 billion and the next is Meta Platforms Inc worth $7.95 billion, with 15,763 shares owned.

Currently, Twin Peaks Wealth Advisors's portfolio is worth at least $196 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 Twin Peaks Wealth Advisors

The Twin Peaks Wealth Advisors office and employees reside in Burlingame, California. According to the last 13-F report filed with the SEC, Katrina Hermanson serves as the CCO at Twin Peaks Wealth Advisors.

Recent trades

In the most recent 13F filing, Twin Peaks Wealth Advisors revealed that it had opened a new position in Blackrock Etf Trust and bought 66,194 shares worth $3.11 billion.

The investment fund also strengthened its position in First Tr Exchng Traded Fd Vi by buying 226,976 additional shares. This makes their stake in First Tr Exchng Traded Fd Vi total 810,275 shares worth $25.9 billion.

On the other hand, there are companies that Twin Peaks Wealth Advisors is getting rid of from its portfolio. Twin Peaks Wealth Advisors closed its position in Ishares Tr on 31st July 2024. It sold the previously owned 32,342 shares for $2.79 billion. Katrina Hermanson also disclosed a decreased stake in Apple Inc by approximately 0.1%. This leaves the value of the investment at $12.9 billion and 61,350 shares.

One of the smallest hedge funds

The two most similar investment funds to Twin Peaks Wealth Advisors are True Wind Capital Management, L.P. and Mba Advisors. They manage $196 billion and $196 billion respectively.


Katrina Hermanson investment strategy

Twin Peaks Wealth Advisors’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Technology — making up 15.7% of the total portfolio value. The fund focuses on investments in the United States as 39.2% 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 $307 billion.

The complete list of Twin Peaks Wealth Advisors trades based on 13F SEC filings

These positions were updated on July 31st 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
Apple Inc
0.88%
61,350
$12,921,586,000 6.60%
First Tr Exchng Traded Fd Vi
38.91%
810,275
$25,935,582,000 13.26%
Ishares Tr
57.46%
365,394
$37,425,598,000 19.13%
Meta Platforms Inc
40.15%
15,763
$7,948,045,000 4.06%
First Tr Exchange-traded Fd
2.64%
308,376
$22,024,692,000 11.26%
Microsoft Corporation
3.33%
12,866
$5,750,550,000 2.94%
Amazon.com Inc.
7.57%
29,443
$5,690,001,000 2.91%
First Tr Exch Traded Fd Iii
13.48%
390,879
$7,264,018,000 3.71%
NVIDIA Corp
774.87%
41,180
$5,087,465,000 2.60%
Spdr Sp 500 Etf Tr
5.10%
8,360
$4,549,816,000 2.33%
First Tr Exchange Traded Fd
8.16%
157,568
$8,405,375,000 4.30%
Blackrock Etf Trust
Opened
66,194
$3,107,159,000 1.59%
Alphabet Inc
0.85%
22,896
$4,185,860,000 2.14%
Broadcom Inc
280.76%
1,306
$2,097,099,000 1.07%
Vanguard Index Fds
63.76%
12,064
$3,811,341,000 1.95%
Tesla Inc
14.70%
9,047
$1,790,393,000 0.92%
Ishares Tr
Opened
37,755
$2,573,773,000 1.32%
Ishares Inc
62.55%
48,704
$2,701,713,000 1.38%
Fidelity Merrimack Str Tr
11.36%
36,318
$1,631,768,000 0.83%
Salesforce Inc
10.83%
4,760
$1,223,796,000 0.63%
Berkshire Hathaway Inc.
5.07%
2,900
$1,179,720,000 0.60%
Vanguard Bd Index Fds
29.55%
24,955
$1,860,802,000 0.95%
Vanguard Star Fds
50.18%
16,209
$977,416,000 0.50%
Invesco Exch Traded Fd Tr Ii
10.42%
20,172
$1,543,648,000 0.79%
Spdr Ser Tr
32.82%
47,015
$1,822,265,000 0.93%
Ishares Tr
Closed
32,342
$2,787,833,000
Uber Technologies Inc
3.25%
10,310
$749,331,000 0.38%
Pgim Etf Tr
86.48%
17,719
$730,751,000 0.37%
Vanguard Tax-managed Fds
Opened
14,744
$728,651,000 0.37%
Pacer Fds Tr
176.47%
16,505
$719,066,000 0.37%
First Tr Value Line Divid In
3.59%
16,979
$691,894,000 0.35%
Vanguard Scottsdale Fds
0.25%
2,758
$678,661,000 0.35%
Wisdomtree Tr
11.51%
30,814
$952,561,000 0.49%
Eli Lilly Co
1.14%
712
$644,751,000 0.33%
Invesco Exchange Traded Fd T
6.44%
6,554
$635,935,000 0.33%
Coinbase Global Inc
3.60%
2,784
$618,688,000 0.32%
J P Morgan Exchange Traded F
6.54%
19,312
$1,272,397,000 0.65%
Netflix Inc.
14.34%
893
$602,668,000 0.31%
Pimco Etf Tr
8.99%
6,193
$564,058,000 0.29%
Vanguard Intl Equity Index F
34.42%
12,555
$549,407,000 0.28%
Mckesson Corporation
10.39%
931
$543,741,000 0.28%
Adobe Inc
7.39%
928
$515,541,000 0.26%
Advanced Micro Devices Inc.
2.66%
3,071
$498,147,000 0.25%
Blackrock Etf Trust Ii
Opened
9,024
$471,079,000 0.24%
Select Sector Spdr Tr
6.29%
5,870
$449,569,000 0.23%
Intuit Inc
0.45%
664
$436,387,000 0.22%
Moodys Corp
4.58%
959
$403,672,000 0.21%
Visa Inc
13.52%
1,520
$398,954,000 0.20%
Dell Technologies Inc
Opened
2,883
$397,619,000 0.20%
Abbvie Inc
2.32%
2,274
$390,036,000 0.20%
Jpmorgan Chase Co.
0.10%
1,909
$386,168,000 0.20%
Costco Whsl Corp New
13.59%
443
$376,655,000 0.19%
Ark Etf Tr
Closed
7,176
$375,812,000
KLA Corp.
2.86%
442
$364,433,000 0.19%
Procter And Gamble Co
27.38%
1,977
$326,209,000 0.17%
Airbnb, Inc.
16.99%
2,096
$317,816,000 0.16%
ServiceNow Inc
7.64%
387
$304,441,000 0.16%
Twilio Inc
6.83%
5,278
$299,885,000 0.15%
Vanguard World Fd
No change
501
$288,872,000 0.15%
First Tr Sp Reit Index Fd
11.14%
10,970
$281,649,000 0.14%
Shopify Inc
11.28%
4,137
$273,249,000 0.14%
First Tr Morningstar Divid L
Opened
7,118
$270,006,000 0.14%
Crowdstrike Holdings Inc
Opened
701
$268,616,000 0.14%
Federated Hermes Etf Trust
Opened
10,766
$266,781,000 0.14%
Etf Managers Tr
Closed
5,716
$265,295,000
Mcdonalds Corp
26.22%
1,041
$265,288,000 0.14%
Gilead Sciences, Inc.
Closed
3,197
$258,989,000
Unitedhealth Group Inc
11.90%
489
$249,191,000 0.13%
Opendoor Technologies Inc.
0.10%
133,282
$245,239,000 0.13%
Applied Matls Inc
Opened
1,027
$242,362,000 0.12%
Vanguard Charlotte Fds
Opened
4,965
$241,647,000 0.12%
MongoDB Inc
0.11%
949
$237,212,000 0.12%
Disney Walt Co
5.96%
2,368
$235,203,000 0.12%
Renaissance Cap Greenwich Fd
No change
5,647
$227,631,000 0.12%
First Tr Exchange-traded Fd
Opened
11,091
$226,589,000 0.12%
Chipotle Mexican Grill
Opened
3,550
$222,408,000 0.11%
Discover Finl Svcs
Opened
1,689
$220,938,000 0.11%
Pacer Fds Tr
Opened
4,034
$219,857,000 0.11%
Starbucks Corp.
Closed
2,269
$217,847,000
Pfizer Inc.
Closed
7,359
$211,877,000
Capital One Finl Corp
Opened
1,490
$206,291,000 0.11%
Johnson Johnson
Closed
1,289
$202,076,000
Vanguard Specialized Funds
Opened
1,100
$200,805,000 0.10%
Geron Corp.
No change
27,637
$117,181,000 0.06%
SoFi Technologies, Inc.
9.09%
11,997
$79,300,000 0.04%
Gritstone Bio Inc
13.64%
45,811
$28,307,000 0.01%
No transactions found
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