Brightwater Advisory 13F annual report

Brightwater Advisory is an investment fund managing more than $129 billion ran by David Maddux. There are currently 36 companies in Mr. Maddux’s portfolio. The largest investments include Schwab Strategic Tr and Spdr Sp 500 Etf Tr, together worth $50.7 billion.

Limited to 30 biggest holdings

$129 billion Assets Under Management (AUM)

As of 3rd September 2024, Brightwater Advisory’s top holding is 946,790 shares of Schwab Strategic Tr currently worth over $42.9 billion and making up 33.1% of the portfolio value. In addition, the fund holds 14,358 shares of Spdr Sp 500 Etf Tr worth $7.81 billion. The third-largest holding is Vanguard Specialized Funds worth $6.45 billion and the next is Ishares Tr worth $33.3 billion, with 331,131 shares owned.

Currently, Brightwater Advisory's portfolio is worth at least $129 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 Brightwater Advisory

The Brightwater Advisory office and employees reside in Tampa, Florida. According to the last 13-F report filed with the SEC, David Maddux serves as the CCO at Brightwater Advisory.

Recent trades

In the most recent 13F filing, Brightwater Advisory revealed that it had opened a new position in Schwab Strategic Tr and bought 946,790 shares worth $42.9 billion.

One of the smallest hedge funds

The two most similar investment funds to Brightwater Advisory are Ff Advisors and Sanctuary Wealth Management, L.L.C. They manage $129 billion and $129 billion respectively.

David Maddux investment strategy

Brightwater Advisory’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 2.9% of the total portfolio value. The fund focuses on investments in the United States as 36.1% 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 39% 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 $535 billion.

The complete list of Brightwater Advisory trades based on 13F SEC filings

These positions were updated on September 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
Schwab Strategic Tr	Opened 946,790	$42,901,719,000	33.14%
Spdr Sp 500 Etf Tr	Opened 14,358	$7,813,911,000	6.04%
Vanguard Specialized Funds	Opened 35,320	$6,447,744,000	4.98%
Ishares Tr	Opened 331,131	$33,264,411,000	25.69%
Vanguard Index Fds	Opened 31,344	$6,910,622,000	5.34%
Invesco Exchange Traded Fd T	Opened 28,133	$3,671,994,000	2.84%
Tidal Tr Ii	Opened 123,249	$3,136,687,000	2.42%
Aflac Inc.	Opened 33,759	$3,015,016,000	2.33%
Vanguard Intl Equity Index F	Opened 82,190	$4,268,602,000	3.30%
Wisdomtree Tr	Opened 45,461	$2,442,139,000	1.89%
Apple Inc	Opened 11,203	$2,359,542,000	1.82%
Microsoft Corporation	Opened 31,856	$1,423,930,000	1.10%
Two Rds Shared Tr	Opened 93,374	$1,191,434,000	0.92%
NVIDIA Corp	Opened 6,975	$861,632,000	0.67%
Cambria Etf Tr	Opened 29,318	$836,042,000	0.65%
J P Morgan Exchange Traded F	Opened 13,152	$704,930,000	0.54%
Select Sector Spdr Tr	Opened 16,492	$678,001,000	0.52%
Exxon Mobil Corp.	Opened 5,627	$647,780,000	0.50%
Amazon.com Inc.	Opened 2,952	$570,474,000	0.44%
Vanguard Whitehall Fds	Opened 4,681	$555,167,000	0.43%
Vanguard Scottsdale Fds	Opened 6,867	$525,806,000	0.41%
Johnson Johnson	Opened 3,591	$524,861,000	0.41%
Home Depot, Inc.	Opened 1,467	$505,000,000	0.39%
Jpmorgan Chase Co.	Opened 2,399	$485,222,000	0.37%
Alphabet Inc	Opened 4,755	$869,195,000	0.67%
Spdr Sp Midcap 400 Etf Tr	Opened 785	$420,038,000	0.32%
Coca-Cola Co	Opened 5,762	$366,751,000	0.28%
Tesla Inc	Opened 1,680	$332,438,000	0.26%
Caterpillar Inc.	Opened 837	$278,781,000	0.22%
Cisco Sys Inc	Opened 5,160	$245,152,000	0.19%
Brown Brown Inc	Opened 2,662	$238,009,000	0.18%
Vanguard Bd Index Fds	Opened 2,913	$218,157,000	0.17%
Ameren Corp.	Opened 3,000	$213,330,000	0.16%
Intel Corp.	Opened 6,704	$207,609,000	0.16%
Medtronic Plc	Opened 2,557	$201,231,000	0.16%
Cushman Wakefield Plc	Opened 12,500	$130,000,000	0.10%
No transactions found
Showing first 500 out of 36 holdings