1858 Wealth Management 13F annual report

1858 Wealth Management is an investment fund managing more than $120 billion ran by Joseph D'anniballe. There are currently 110 companies in Mr. D'anniballe’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $13.4 billion.

Limited to 30 biggest holdings

$120 billion Assets Under Management (AUM)

As of 11th July 2024, 1858 Wealth Management’s top holding is 15,261 shares of Microsoft currently worth over $6.82 billion and making up 5.7% of the portfolio value. Relative to the number of outstanding shares of Microsoft, 1858 Wealth Management owns more than approximately 0.1% of the company. In addition, the fund holds 31,270 shares of Apple Inc worth $6.59 billion, whose value grew 21.3% in the past six months. The third-largest holding is NVIDIA Corp worth $4.74 billion and the next is Ametek Inc worth $3.81 billion, with 22,869 shares owned.

Currently, 1858 Wealth Management's portfolio is worth at least $120 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 1858 Wealth Management

The 1858 Wealth Management office and employees reside in Akron, Ohio. According to the last 13-F report filed with the SEC, Joseph D'anniballe serves as the Chief Compliance Officer at 1858 Wealth Management.

Recent trades

In the most recent 13F filing, 1858 Wealth Management revealed that it had opened a new position in Ge Vernova Inc and bought 10,239 shares worth $1.76 billion.

The investment fund also strengthened its position in Microsoft by buying 150 additional shares. This makes their stake in Microsoft total 15,261 shares worth $6.82 billion. Microsoft soared 23.4% in the past year.

On the other hand, there are companies that 1858 Wealth Management is getting rid of from its portfolio. 1858 Wealth Management closed its position in Tesla Inc on 18th July 2024. It sold the previously owned 5,739 shares for $1.43 billion. Joseph D'anniballe also disclosed a decreased stake in Meta Platforms Inc by approximately 0.1%. This leaves the value of the investment at $3.64 billion and 7,228 shares.

One of the smallest hedge funds

The two most similar investment funds to 1858 Wealth Management are Vinland Capital Management Gestora De Recursos Ltda and Signature Resources Capital Management. They manage $120 billion and $120 billion respectively.


Joseph D'anniballe investment strategy

1858 Wealth Management’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 31.2% of the total portfolio value. The fund focuses on investments in the United States as 60.0% 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 56% of the total holdings value. On the other hand, small-cap stocks make up only 2.7% of the portfolio. The average market cap of the portfolio companies is close to $185 billion.

The complete list of 1858 Wealth Management trades based on 13F SEC filings

These positions were updated on July 18th 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
Microsoft Corporation
0.99%
15,261
$6,820,904,000 5.67%
Apple Inc
12.41%
31,270
$6,586,087,000 5.48%
NVIDIA Corp
737.18%
38,351
$4,737,883,000 3.94%
Ametek Inc
0.06%
22,869
$3,812,491,000 3.17%
Meta Platforms Inc
0.25%
7,228
$3,644,502,000 3.03%
CME Group Inc
No change
18,300
$3,597,780,000 2.99%
Amazon.com Inc.
21.41%
16,610
$3,209,883,000 2.67%
Palo Alto Networks Inc
0.99%
8,918
$3,023,291,000 2.52%
Alphabet Inc
3.65%
20,545
$3,762,131,000 3.13%
Ishares Tr
0.86%
371,317
$8,244,094,000 6.86%
Berkshire Hathaway Inc.
16.13%
6,487
$2,638,912,000 2.20%
Uber Technologies Inc
19.40%
31,206
$2,268,052,000 1.89%
Merck Co Inc
13.33%
17,836
$2,208,097,000 1.84%
Cadence Design System Inc
148.12%
6,585
$2,026,534,000 1.69%
Pacer Fds Tr
2.27%
118,228
$4,767,282,000 3.97%
Crowdstrike Holdings Inc
3.64%
4,798
$1,838,551,000 1.53%
Intuitive Surgical Inc
24.15%
4,072
$1,811,429,000 1.51%
Vertiv Holdings Co
26.43%
20,875
$1,807,149,000 1.50%
ServiceNow Inc
0.91%
2,275
$1,789,674,000 1.49%
Ge Vernova Inc
Opened
10,239
$1,756,091,000 1.46%
Arista Networks Inc
Opened
4,635
$1,624,475,000 1.35%
Adobe Inc
14.41%
2,914
$1,618,844,000 1.35%
Visa Inc
20.41%
5,805
$1,523,638,000 1.27%
Automatic Data Processing In
0.39%
6,232
$1,487,516,000 1.24%
Super Micro Computer Inc
Opened
1,756
$1,438,779,000 1.20%
Tesla Inc
Closed
5,739
$1,426,027,000
Grainger W W Inc
184.96%
1,573
$1,419,224,000 1.18%
Netflix Inc.
189.07%
2,090
$1,410,499,000 1.17%
Vertex Pharmaceuticals, Inc.
8.65%
2,662
$1,247,733,000 1.04%
GE Aerospace
7.65%
7,698
$1,223,751,000 1.02%
Wisdomtree Tr
Closed
36,717
$1,181,553,000
Caterpillar Inc.
7.86%
3,223
$1,073,581,000 0.89%
Toyota Motor Corporation
50.68%
5,111
$1,047,602,000 0.87%
Eog Res Inc
12.66%
7,664
$964,668,000 0.80%
First Tr Exchange Traded Fd
6.30%
23,756
$1,651,283,000 1.37%
General Dynamics Corp.
5.73%
3,157
$915,972,000 0.76%
Ishares Tr
Closed
8,802
$882,577,000
PayPal Holdings Inc
Closed
13,981
$858,573,000
Carrier Global Corporation
1.55%
13,543
$854,292,000 0.71%
Cisco Sys Inc
6.43%
17,956
$853,090,000 0.71%
nVent Electric plc
Opened
11,058
$847,153,000 0.70%
RTX Corp
4.11%
8,174
$820,588,000 0.68%
Advanced Micro Devices Inc.
27.32%
5,024
$814,943,000 0.68%
Occidental Pete Corp
22.14%
12,700
$800,481,000 0.67%
Northrop Grumman Corp.
3.74%
1,831
$798,224,000 0.66%
Broadcom Inc.
79.49%
490
$786,710,000 0.65%
VanEck ETF Trust
1.83%
15,465
$785,622,000 0.65%
Gilead Sciences, Inc.
Closed
9,310
$754,203,000
Jpmorgan Chase Co.
35.55%
3,645
$737,238,000 0.61%
Abbvie Inc
2.34%
4,291
$735,992,000 0.61%
Spdr Ser Tr
13.38%
14,722
$733,597,000 0.61%
AeroVironment Inc.
Closed
5,761
$726,116,000
Home Depot, Inc.
0.47%
2,102
$723,592,000 0.60%
Abbott Labs
0.55%
6,429
$668,037,000 0.56%
Equinor ASA
Closed
20,804
$658,239,000
Workday Inc
50.98%
2,900
$648,324,000 0.54%
NextEra Energy Inc
13.30%
9,023
$638,919,000 0.53%
Boeing Co.
179.59%
3,425
$623,384,000 0.52%
Micron Technology Inc.
Opened
4,669
$614,114,000 0.51%
Quanta Svcs Inc
Opened
2,385
$606,005,000 0.50%
American Express Co.
11.51%
2,546
$589,526,000 0.49%
Exxon Mobil Corp.
54.66%
4,833
$556,375,000 0.46%
Global X Fds
131.50%
14,457
$535,198,000 0.45%
General Mls Inc
0.96%
8,024
$507,598,000 0.42%
Johnson Ctls Intl Plc
70.56%
7,073
$470,142,000 0.39%
Coca-Cola Co
0.08%
7,192
$457,771,000 0.38%
Procter And Gamble Co
21.02%
2,701
$445,449,000 0.37%
Qualcomm, Inc.
39.60%
2,228
$443,773,000 0.37%
Target Corp
10.50%
2,950
$436,718,000 0.36%
T-Mobile US Inc
1.56%
2,395
$421,951,000 0.35%
Halliburton Co.
Closed
11,560
$417,894,000
Fifth Third Bancorp
No change
11,225
$409,600,000 0.34%
Starbucks Corp.
Closed
4,006
$384,616,000
Eaton Corp Plc
Opened
1,220
$382,531,000 0.32%
Oracle Corp.
23.27%
2,655
$374,886,000 0.31%
Broadridge Finl Solutions In
0.60%
1,846
$363,662,000 0.30%
Baker Hughes Company
Closed
10,455
$357,352,000
CSX Corp.
Closed
10,260
$355,714,000
Proshares Tr
No change
8,220
$355,351,000 0.30%
Lululemon Athletica inc.
Closed
634
$324,158,000
Intel Corp.
Closed
5,931
$298,033,000
Applied Matls Inc
Opened
1,259
$297,111,000 0.25%
Pulte Group Inc
15.37%
2,682
$295,288,000 0.25%
Kimberly-Clark Corp.
19.16%
2,127
$293,951,000 0.24%
Eli Lilly Co
Opened
324
$293,343,000 0.24%
Unitedhealth Group Inc
9.89%
574
$292,315,000 0.24%
Bank New York Mellon Corp
4.02%
4,866
$291,425,000 0.24%
DoorDash Inc
Opened
2,624
$285,439,000 0.24%
Cencora Inc.
10.66%
1,266
$285,230,000 0.24%
Conocophillips
Closed
2,448
$284,139,000
Verisk Analytics Inc
2.00%
1,028
$277,097,000 0.23%
Lam Research Corp.
6.62%
254
$270,472,000 0.23%
Cheniere Energy Inc.
70.44%
1,546
$270,287,000 0.22%
Lincoln Elec Hldgs Inc
Closed
1,223
$265,954,000
Synopsys, Inc.
Opened
443
$263,612,000 0.22%
Tapestry Inc
20.15%
6,068
$259,650,000 0.22%
Elevance Health Inc
0.21%
478
$259,009,000 0.22%
Bristol-Myers Squibb Co.
33.13%
6,200
$257,486,000 0.21%
Lowes Cos Inc
9.41%
1,163
$256,395,000 0.21%
Accenture Plc Ireland
16.63%
832
$252,437,000 0.21%
Citigroup Inc
Opened
3,968
$251,809,000 0.21%
Reinsurance Grp Of America I
9.39%
1,225
$251,456,000 0.21%
Tjx Cos Inc New
Opened
2,266
$249,487,000 0.21%
Comcast Corp New
Closed
5,669
$248,586,000
Johnson Johnson
Closed
1,579
$247,492,000
Microchip Technology, Inc.
Closed
2,717
$245,019,000
Wells Fargo Co New
Closed
4,963
$244,279,000
Webster Finl Corp
Closed
4,801
$243,699,000
VanEck ETF Trust
Closed
780
$241,426,000
Skyworks Solutions, Inc.
Opened
2,264
$241,297,000 0.20%
Mcdonalds Corp
45.97%
939
$239,295,000 0.20%
Invesco Exchange Traded Fd T
No change
2,295
$238,451,000 0.20%
Schwab Charles Corp
9.03%
3,233
$238,240,000 0.20%
Waste Connections Inc
No change
1,351
$236,911,000 0.20%
Delta Air Lines, Inc.
Opened
4,976
$236,061,000 0.20%
Salesforce Inc
13.90%
917
$235,761,000 0.20%
Prologis Inc
0.10%
2,034
$228,439,000 0.19%
Boston Scientific Corp.
Opened
2,951
$227,257,000 0.19%
Iron Mtn Inc Del
Opened
2,532
$226,918,000 0.19%
Aflac Inc.
Closed
2,750
$226,875,000
Deere Co
Closed
566
$226,326,000
Sysco Corp.
5.29%
3,167
$226,092,000 0.19%
Fiserv, Inc.
5.98%
1,510
$225,050,000 0.19%
Regal Rexnord Corporation
Closed
1,492
$220,846,000
Howmet Aerospace Inc.
Opened
2,821
$218,994,000 0.18%
Chevron Corp.
0.43%
1,395
$218,206,000 0.18%
Emerson Elec Co
Opened
1,956
$215,473,000 0.18%
Clean Harbors, Inc.
Opened
941
$212,807,000 0.18%
Lennox International Inc
Opened
397
$212,387,000 0.18%
Hannon Armstrong Sust Infr C
Opened
7,012
$207,555,000 0.17%
TE Connectivity Ltd
Closed
1,468
$206,254,000
Firstenergy Corp.
Opened
5,383
$206,007,000 0.17%
CVS Health Corp
Closed
2,605
$205,691,000
Interpublic Group Cos Inc
Closed
6,300
$205,632,000
Fedex Corp
41.81%
682
$204,491,000 0.17%
IQVIA Holdings Inc
Opened
960
$202,982,000 0.17%
Linde Plc.
9.78%
461
$202,291,000 0.17%
Pool Corporation
Closed
507
$202,146,000
Lamb Weston Holdings Inc
Closed
1,868
$201,912,000
No transactions found
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