Long Island Wealth Management 13F annual report
Long Island Wealth Management is an investment fund managing more than $141 billion ran by Jeffrey Nyers. There are currently 35 companies in Mr. Nyers’s portfolio. The largest investments include Vanguard Index Fds and Proshares Tr, together worth $40.6 billion.
$141 billion Assets Under Management (AUM)
As of 8th August 2024, Long Island Wealth Management’s top holding is 122,113 shares of Vanguard Index Fds currently worth over $28.3 billion and making up 20.0% of the portfolio value.
In addition, the fund holds 145,479 shares of Proshares Tr worth $12.3 billion.
The third-largest holding is Innovator ETFs Trust worth $35.1 billion and the next is Schwab Strategic Tr worth $13.9 billion, with 217,044 shares owned.
Currently, Long Island Wealth Management's portfolio is worth at least $141 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 Long Island Wealth Management
The Long Island Wealth Management office and employees reside in Melville, New York. According to the last 13-F report filed with the SEC, Jeffrey Nyers serves as the Chief Compliance officer at Long Island Wealth Management.
Recent trades
In the most recent 13F filing, Long Island Wealth Management revealed that it had opened a new position in
Meta Platforms Inc and bought 418 shares worth $211 million.
This means they effectively own approximately 0.1% of the company.
Meta Platforms Inc makes up
12.8%
of the fund's Technology sector allocation and has grown its share price by 74.5% in the past year.
The investment fund also strengthened its position in Vanguard Index Fds by buying
1,284 additional shares.
This makes their stake in Vanguard Index Fds total 122,113 shares worth $28.3 billion.
On the other hand, there are companies that Long Island Wealth Management is getting rid of from its portfolio.
Long Island Wealth Management closed its position in Innovator ETFs Trust on 15th August 2024.
It sold the previously owned 13,849 shares for $330 million.
Jeffrey Nyers also disclosed a decreased stake in Proshares Tr by approximately 0.1%.
This leaves the value of the investment at $12.3 billion and 145,479 shares.
One of the smallest hedge funds
The two most similar investment funds to Long Island Wealth Management are Tegean Capital Management and Oxford Wealth. They manage $141 billion and $141 billion respectively.
Jeffrey Nyers investment strategy
Long Island Wealth Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Miscellaneous — making up 24.8% of
the total portfolio value.
The fund focuses on investments in the United States as
40.0% 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
37% of the total holdings value.
On the other hand, small-cap stocks make up only 2.9% of the portfolio.
The average market cap of the portfolio companies is close to $429 billion.
The complete list of Long Island Wealth Management trades based on 13F SEC filings
These positions were updated on August 15th 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 |
|---|---|---|---|
| Vanguard Index Fds |
1.06%
122,113
|
$28,281,000,000 | 20.01% |
| Proshares Tr |
1.12%
145,479
|
$12,278,000,000 | 8.69% |
| Innovator ETFs Trust |
1.10%
1,032,465
|
$35,086,000,000 | 24.83% |
| Schwab Strategic Tr |
0.09%
217,044
|
$13,879,000,000 | 9.82% |
| Vanguard World Fd |
1.48%
55,227
|
$11,849,000,000 | 8.38% |
| Pacer Fds Tr |
0.69%
193,493
|
$6,033,000,000 | 4.27% |
| Berkshire Hathaway Inc. |
1.02%
8,552
|
$3,479,000,000 | 2.46% |
| Danaher Corp. |
No change
10,255
|
$2,562,000,000 | 1.81% |
| Consolidated Edison, Inc. |
No change
26,917
|
$2,407,000,000 | 1.70% |
| Vanguard Whitehall Fds |
0.13%
28,324
|
$2,302,000,000 | 1.63% |
| Aim Etf Products Trust |
7.26%
180,506
|
$5,908,000,000 | 4.18% |
| Dimensional Etf Trust |
0.47%
31,952
|
$1,657,000,000 | 1.17% |
| Invesco Exch Traded Fd Tr Ii |
1.47%
23,034
|
$1,660,000,000 | 1.17% |
| Vanguard Intl Equity Index F |
2.62%
36,149
|
$2,773,000,000 | 1.96% |
| Vanguard Mun Bd Fds |
2.12%
19,773
|
$991,000,000 | 0.70% |
| Microsoft Corporation |
0.47%
2,098
|
$938,000,000 | 0.66% |
| Costco Whsl Corp New |
0.09%
1,101
|
$936,000,000 | 0.66% |
| Eli Lilly Co |
No change
1,025
|
$928,000,000 | 0.66% |
| American Finl Group Inc Ohio |
No change
7,528
|
$926,000,000 | 0.66% |
| Apple Inc |
7.66%
4,313
|
$908,000,000 | 0.64% |
| Vanguard Wellington Fd |
0.01%
6,874
|
$777,000,000 | 0.55% |
| Edwards Lifesciences Corp |
No change
7,436
|
$687,000,000 | 0.49% |
| Vanguard Bd Index Fds |
0.62%
7,660
|
$574,000,000 | 0.41% |
| NVIDIA Corp |
1,243.23%
4,070
|
$503,000,000 | 0.36% |
| Vanguard Specialized Funds |
9.01%
2,332
|
$426,000,000 | 0.30% |
| Fortive Corp |
No change
5,038
|
$373,000,000 | 0.26% |
| Baxter International Inc. |
2.40%
10,503
|
$351,000,000 | 0.25% |
| Innovator ETFs Trust |
Closed
13,849
|
$330,000,000 | |
| Veralto Corp |
No change
3,425
|
$327,000,000 | 0.23% |
| Honeywell International Inc |
0.41%
1,200
|
$256,000,000 | 0.18% |
| Vanguard Scottsdale Fds |
0.65%
3,229
|
$250,000,000 | 0.18% |
| Home Depot, Inc. |
2.95%
724
|
$249,000,000 | 0.18% |
| Select Sector Spdr Tr |
No change
1,091
|
$247,000,000 | 0.17% |
| Schwab Strategic Tr |
Closed
9,188
|
$232,000,000 | |
| AMGEN Inc. |
1.97%
695
|
$217,000,000 | 0.15% |
| Meta Platforms Inc |
Opened
418
|
$211,000,000 | 0.15% |
| CVS Health Corp |
Closed
2,519
|
$201,000,000 | |
| Hanesbrands Inc |
0.03%
17,114
|
$84,000,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 38 holdings | |||
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