Wealth 13F annual report
Wealth is an investment fund managing more than $132 million ran by Cornelius Iii. There are currently 131 companies in Mr. Iii’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $20.3 million.
$132 million Assets Under Management (AUM)
As of 3rd May 2024, Wealth’s top holding is 69,764 shares of Apple Inc currently worth over $12 million and making up 9.0% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Wealth owns more than approximately 0.1% of the company.
In addition, the fund holds 19,711 shares of Microsoft worth $8.29 million, whose value grew 11.5% in the past six months.
The third-largest holding is Tjx Cos Inc New worth $4.08 million and the next is Alphabet Inc worth $4.35 million, with 28,754 shares owned.
Currently, Wealth's portfolio is worth at least $132 million. 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 Wealth
The Wealth office and employees reside in Raleigh, North Carolina. According to the last 13-F report filed with the SEC, Cornelius Iii serves as the President at Wealth.
Recent trades
In the most recent 13F filing, Wealth revealed that it had opened a new position in Apple Inc and bought 69,764 shares worth $12 million.
One of the smallest hedge funds
The two most similar investment funds to Wealth are Ncm Capital Management and Brevan Howard Capital Management L.P.. They manage $133 million and $133 million respectively.
Cornelius Iii investment strategy
Wealth’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 17.8% of
the total portfolio value.
The fund focuses on investments in the United States as
53.4% 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
53% 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 $218 billion.
The complete list of Wealth trades based on 13F SEC filings
These positions were updated on May 10th 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 |
Opened
69,764
|
$11,963,000 | 9.03% |
| Microsoft Corporation |
Opened
19,711
|
$8,293,000 | 6.26% |
| Tjx Cos Inc New |
Opened
40,192
|
$4,076,000 | 3.08% |
| Alphabet Inc |
Opened
28,754
|
$4,346,000 | 3.28% |
| Amazon.com Inc. |
Opened
20,664
|
$3,727,000 | 2.81% |
| Truist Finl Corp |
Opened
88,945
|
$3,467,000 | 2.62% |
| Walmart Inc |
Opened
53,238
|
$3,203,000 | 2.42% |
| NVIDIA Corp |
Opened
3,502
|
$3,165,000 | 2.39% |
| Chevron Corp. |
Opened
19,227
|
$3,033,000 | 2.29% |
| Mcdonalds Corp |
Opened
10,195
|
$2,874,000 | 2.17% |
| Mastercard Incorporated |
Opened
5,700
|
$2,745,000 | 2.07% |
| Home Depot, Inc. |
Opened
5,767
|
$2,212,000 | 1.67% |
| Duke Energy Corp. |
Opened
22,762
|
$2,201,000 | 1.66% |
| Procter And Gamble Co |
Opened
13,060
|
$2,119,000 | 1.60% |
| Meta Platforms Inc |
Opened
4,318
|
$2,097,000 | 1.58% |
| Caterpillar Inc. |
Opened
5,292
|
$1,939,000 | 1.46% |
| Costco Whsl Corp New |
Opened
2,423
|
$1,775,000 | 1.34% |
| Coca-Cola Co |
Opened
25,921
|
$1,586,000 | 1.20% |
| Automatic Data Processing In |
Opened
6,269
|
$1,566,000 | 1.18% |
| Jpmorgan Chase Co |
Opened
7,540
|
$1,510,000 | 1.14% |
| Pepsico Inc |
Opened
8,156
|
$1,427,000 | 1.08% |
| AMGEN Inc. |
Opened
4,888
|
$1,390,000 | 1.05% |
| Vanguard Bd Index Fdx |
Opened
18,990
|
$1,379,000 | 1.04% |
| Lowes Cos Inc |
Opened
5,240
|
$1,335,000 | 1.01% |
| Merck Co Inc |
Opened
9,681
|
$1,277,000 | 0.96% |
| United Parcel Service, Inc. |
Opened
8,241
|
$1,225,000 | 0.92% |
| Lockheed Martin Corp. |
Opened
2,690
|
$1,224,000 | 0.92% |
| Visa Inc |
Opened
4,352
|
$1,215,000 | 0.92% |
| Qualcomm, Inc. |
Opened
7,063
|
$1,196,000 | 0.90% |
| Johnson Johnson |
Opened
7,503
|
$1,187,000 | 0.90% |
| Parker-Hannifin Corp. |
Opened
2,062
|
$1,146,000 | 0.87% |
| Berkshire Hathaway Inc. |
Opened
2,664
|
$1,120,000 | 0.85% |
| Builders Firstsource Inc |
Opened
5,209
|
$1,086,000 | 0.82% |
| Adobe Inc |
Opened
2,082
|
$1,051,000 | 0.79% |
| Cummins Inc. |
Opened
3,492
|
$1,029,000 | 0.78% |
| Boeing Co. |
Opened
5,327
|
$1,028,000 | 0.78% |
| Eli Lilly Co |
Opened
1,305
|
$1,015,000 | 0.77% |
| Philip Morris International Inc |
Opened
10,564
|
$968,000 | 0.73% |
| Abbvie Inc |
Opened
5,231
|
$952,000 | 0.72% |
| Verizon Communications Inc |
Opened
21,923
|
$920,000 | 0.69% |
| Exxon Mobil Corp. |
Opened
7,407
|
$861,000 | 0.65% |
| Aim Etf Products Trust |
Opened
87,282
|
$2,623,000 | 1.98% |
| Broadcom Inc |
Opened
623
|
$826,000 | 0.62% |
| Hershey Company |
Opened
3,956
|
$769,000 | 0.58% |
| Becton Dickinson Co |
Opened
2,903
|
$718,000 | 0.54% |
| Target Corp |
Opened
4,053
|
$718,000 | 0.54% |
| Vanguard Tax-managed Fdx |
Opened
13,992
|
$702,000 | 0.53% |
| Lam Research Corp. |
Opened
701
|
$681,000 | 0.51% |
| Goldman Sachs Group, Inc. |
Opened
1,608
|
$672,000 | 0.51% |
| Internation Business Machs |
Opened
3,308
|
$632,000 | 0.48% |
| Unitedhealth Group Inc |
Opened
1,232
|
$609,000 | 0.46% |
| Comcast Corp New |
Opened
13,267
|
$575,000 | 0.43% |
| Advanced Micro Devices Inc. |
Opened
3,128
|
$565,000 | 0.43% |
| Union Pac Corp |
Opened
2,255
|
$555,000 | 0.42% |
| Pfizer Inc. |
Opened
19,415
|
$539,000 | 0.41% |
| Oracle Corp. |
Opened
4,229
|
$531,000 | 0.40% |
| Cisco Sys Inc |
Opened
10,627
|
$530,000 | 0.40% |
| Illinois Toll Wks Inc |
Opened
1,971
|
$529,000 | 0.40% |
| 3M Co. |
Opened
4,878
|
$517,000 | 0.39% |
| Deere Co |
Opened
1,239
|
$509,000 | 0.38% |
| Vanguard Malvern Fds |
Opened
10,232
|
$490,000 | 0.37% |
| Altria Group Inc. |
Opened
11,204
|
$489,000 | 0.37% |
| Fedex Corp |
Opened
1,680
|
$487,000 | 0.37% |
| Nike, Inc. |
Opened
5,063
|
$476,000 | 0.36% |
| Vanguard Charlotte Fds |
Opened
9,607
|
$473,000 | 0.36% |
| Price T Row Group Inc |
Opened
3,879
|
$473,000 | 0.36% |
| Honeywell International Inc |
Opened
2,266
|
$465,000 | 0.35% |
| Schwab Strategic Tr |
Opened
37,952
|
$2,393,000 | 1.81% |
| Vanguard Mun Bd Fds |
Opened
9,093
|
$460,000 | 0.35% |
| Prologix Inc |
Opened
3,491
|
$455,000 | 0.34% |
| Novartis AG |
Opened
4,676
|
$452,000 | 0.34% |
| Novo-nordisk A S |
Opened
3,516
|
$451,000 | 0.34% |
| General Mls Inc |
Opened
6,165
|
$431,000 | 0.33% |
| Clorox Co. |
Opened
2,700
|
$413,000 | 0.31% |
| The Southern Co. |
Opened
5,692
|
$408,000 | 0.31% |
| Ishares Tr |
Opened
27,670
|
$1,275,000 | 0.96% |
| Mondelez International Inc. |
Opened
5,769
|
$404,000 | 0.31% |
| Nucor Corp. |
Opened
2,009
|
$398,000 | 0.30% |
| Northrop Grumman Corp. |
Opened
820
|
$393,000 | 0.30% |
| Marathon Pete Corp |
Opened
1,941
|
$391,000 | 0.30% |
| Applied Matls Inc |
Opened
1,857
|
$383,000 | 0.29% |
| Ishares Inc |
Opened
3,568
|
$376,000 | 0.28% |
| Asml Holding N V |
Opened
385
|
$374,000 | 0.28% |
| Salesforce Inc |
Opened
1,227
|
$370,000 | 0.28% |
| Cintas Corporation |
Opened
533
|
$366,000 | 0.28% |
| American Express Co. |
Opened
1,597
|
$364,000 | 0.27% |
| Thermo Fisher Scientific Inc. |
Opened
613
|
$356,000 | 0.27% |
| Investors Title Co Nc |
Opened
2,108
|
$344,000 | 0.26% |
| CSX Corp. |
Opened
9,135
|
$339,000 | 0.26% |
| Vanguard Index Fds |
Opened
4,105
|
$871,000 | 0.66% |
| Sherwin-Williams Co. |
Opened
970
|
$337,000 | 0.25% |
| Att Inc |
Opened
19,128
|
$337,000 | 0.25% |
| Bristol-Myers Squibb Co. |
Opened
6,193
|
$336,000 | 0.25% |
| Royal Bk Cda |
Opened
3,275
|
$330,000 | 0.25% |
| T-Mobile US Inc |
Opened
1,996
|
$326,000 | 0.25% |
| Air Prods Chems Inc |
Opened
1,342
|
$325,000 | 0.25% |
| Starbucks Corp. |
Opened
3,544
|
$324,000 | 0.24% |
| Toyota Motor Corporation |
Opened
1,264
|
$318,000 | 0.24% |
| Kimberly-Clark Corp. |
Opened
2,448
|
$317,000 | 0.24% |
| Stryker Corp. |
Opened
879
|
$315,000 | 0.24% |
| Spdr Ser Tr |
Opened
13,447
|
$315,000 | 0.24% |
| Emerson Elec Co |
Opened
2,765
|
$314,000 | 0.24% |
| Norfolk Southn Corp |
Opened
1,157
|
$295,000 | 0.22% |
| Vanguard Intl Equity Index F |
Opened
6,930
|
$289,000 | 0.22% |
| American Elec Pwr Co Inc |
Opened
3,294
|
$284,000 | 0.21% |
| Netxtera Energy Inc |
Opened
4,319
|
$276,000 | 0.21% |
| Bank America Corp |
Opened
7,265
|
$275,000 | 0.21% |
| Conocophillips |
Opened
2,111
|
$269,000 | 0.20% |
| Netflix Inc. |
Opened
439
|
$267,000 | 0.20% |
| Marriott Intl Inc New |
Opened
1,033
|
$261,000 | 0.20% |
| Mccormick Co Inc |
Opened
3,360
|
$258,000 | 0.19% |
| Genuine Parts Co. |
Opened
1,656
|
$257,000 | 0.19% |
| Abbott Labs |
Opened
2,224
|
$253,000 | 0.19% |
| HCA Healthcare Inc |
Opened
749
|
$250,000 | 0.19% |
| Ewells Fargo Co New |
Opened
4,306
|
$250,000 | 0.19% |
| Disney Walt Co |
Opened
1,904
|
$233,000 | 0.18% |
| Smucker J M Co |
Opened
1,832
|
$231,000 | 0.17% |
| Trane Technologies plc |
Opened
764
|
$229,000 | 0.17% |
| Wisdomtree Tr |
Opened
6,827
|
$223,000 | 0.17% |
| Archer Daniels Midland Co. |
Opened
3,523
|
$221,000 | 0.17% |
| Intel Corp. |
Opened
4,968
|
$219,000 | 0.17% |
| Intuit Inc |
Opened
336
|
$218,000 | 0.16% |
| Regeneron Pharmaceuticals, Inc. |
Opened
224
|
$216,000 | 0.16% |
| CVS Health Corp |
Opened
2,699
|
$215,000 | 0.16% |
| Gilead Sciences, Inc. |
Opened
2,939
|
$215,000 | 0.16% |
| Paychex Inc. |
Opened
1,740
|
$214,000 | 0.16% |
| Ares Capital Corp |
Opened
10,146
|
$211,000 | 0.16% |
| Sei Exchange Traded Funds |
Opened
13,172
|
$416,000 | 0.31% |
| Texas Instrs Inc |
Opened
1,186
|
$207,000 | 0.16% |
| Abdrn Etfs |
Opened
10,096
|
$200,000 | 0.15% |
| PDS Biotechnology Corporation |
Opened
15,399
|
$61,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 131 holdings | |||
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