Wealth Ltd 13F annual report
Wealth Ltd is an investment fund managing more than $330 billion ran by Adam Colby. There are currently 33 companies in Mr. Colby’s portfolio. The largest investments include Ishares and Pacer, together worth $232 billion.
$330 billion Assets Under Management (AUM)
As of 2nd July 2024, Wealth Ltd’s top holding is 1,260,735 shares of Ishares currently worth over $179 billion and making up 54.0% of the portfolio value.
In addition, the fund holds 1,295,188 shares of Pacer worth $53.5 billion.
The third-largest holding is Vanguard worth $67 billion and the next is Schwab worth $10.6 billion, with 168,907 shares owned.
Currently, Wealth Ltd's portfolio is worth at least $330 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 Wealth Ltd
The Wealth Ltd office and employees reside in Eden Prairie, Minnesota. According to the last 13-F report filed with the SEC, Adam Colby serves as the Chief Financial Officer at Wealth Ltd.
Recent trades
In the most recent 13F filing, Wealth Ltd revealed that it had opened a new position in
Marvell Technology Inc and bought 3,521 shares worth $246 million.
This means they effectively own approximately 0.1% of the company.
Marvell Technology Inc makes up
6.0%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Pacer by buying
76,874 additional shares.
This makes their stake in Pacer total 1,295,188 shares worth $53.5 billion.
On the other hand, there are companies that Wealth Ltd is getting rid of from its portfolio.
Wealth Ltd closed its position in Ishares on 9th July 2024.
It sold the previously owned 3,036 shares for $292 million.
Adam Colby also disclosed a decreased stake in Ishares by approximately 0.1%.
This leaves the value of the investment at $179 billion and 1,260,735 shares.
One of the smaller hedge funds
The two most similar investment funds to Wealth Ltd are Grace & Mercy Foundation and Kraft, Davis & Associates. They manage $330 billion and $331 billion respectively.
Adam Colby investment strategy
Wealth Ltd’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Technology — making up 1.2% of
the total portfolio value.
The fund focuses on investments in the United States as
42.4% 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
33% of the total holdings value.
On the other hand, small-cap stocks make up only 3.0% of the portfolio.
The average market cap of the portfolio companies is close to $399 billion.
The complete list of Wealth Ltd trades based on 13F SEC filings
These positions were updated on July 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 |
|---|---|---|---|
| Ishares |
7.15%
1,260,735
|
$178,532,140,000 | 54.04% |
| Pacer |
6.31%
1,295,188
|
$53,549,992,000 | 16.21% |
| Vanguard |
5.18%
258,250
|
$67,046,537,000 | 20.30% |
| Schwab |
0.62%
168,907
|
$10,586,875,000 | 3.20% |
| Invesco Ltd |
0.65%
85,416
|
$3,182,600,000 | 0.96% |
| Proshares |
2.06%
31,161
|
$2,995,604,000 | 0.91% |
| Apple Inc |
3.42%
8,859
|
$1,865,883,000 | 0.56% |
| Clearfield Inc |
No change
47,000
|
$1,812,320,000 | 0.55% |
| Spdr Sp 500 Etf |
0.49%
3,064
|
$1,667,490,000 | 0.50% |
| Microsoft Corporation |
0.16%
2,479
|
$1,107,768,000 | 0.34% |
| Berkshire Hathaway Incorporated Del Class B New |
No change
2,485
|
$1,010,898,000 | 0.31% |
| Paccar Inc. |
No change
8,500
|
$874,943,000 | 0.26% |
| Unitedhealth Group Inc |
No change
1,709
|
$870,325,000 | 0.26% |
| NVIDIA Corp |
1,028.33%
5,337
|
$659,333,000 | 0.20% |
| General Mls Incorporated |
No change
9,482
|
$599,861,000 | 0.18% |
| Amazon.com Inc. |
1.21%
2,622
|
$506,702,000 | 0.15% |
| Target Corp |
No change
2,626
|
$388,753,000 | 0.12% |
| First Trust |
2.74%
8,877
|
$347,224,000 | 0.11% |
| Spirit Airls Incorporated |
No change
93,705
|
$342,960,000 | 0.10% |
| Walmart Inc |
0.19%
4,695
|
$317,898,000 | 0.10% |
| Ishares |
Closed
3,036
|
$292,185,000 | |
| Union Pac Corporation |
No change
1,250
|
$282,825,000 | 0.09% |
| Broadcom Inc. |
6.02%
176
|
$282,573,000 | 0.09% |
| Alphabet Incorporated Cap Stk Class A |
0.40%
1,504
|
$273,954,000 | 0.08% |
| Marvell Technology Inc |
Opened
3,521
|
$246,118,000 | 0.07% |
| AMGEN Inc. |
1.32%
768
|
$239,962,000 | 0.07% |
| 3M Co. |
0.27%
2,204
|
$225,227,000 | 0.07% |
| Conocophillips |
No change
1,825
|
$208,744,000 | 0.06% |
| Clorox Co. |
Closed
1,417
|
$203,127,000 | |
| Otter Tail Corporation |
Closed
2,166
|
$201,308,000 | |
| Falcon Oil Gas Limited |
No change
2,001,126
|
$160,090,000 | 0.05% |
| Whitehaven Coal Lmt Brisbane Shs |
11.91%
12,834
|
$65,644,000 | 0.02% |
| Yancoal Australia Limited Shs |
1.81%
14,411
|
$63,786,000 | 0.02% |
| Metals X Limited Shs New |
Opened
95,200
|
$26,734,000 | 0.01% |
| Zion Oil Gas Incorporated |
Opened
45,824
|
$2,529,000 | 0.00% |
| Northern Graphite Corporation |
No change
14,500
|
$1,325,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 36 holdings | |||
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