Orgel Wealth Management 13F annual report
Orgel Wealth Management is an investment fund managing more than $3.7 trillion ran by Troy Mertens. There are currently 44 companies in Mr. Mertens’s portfolio. The largest investments include Vanguard Scottsdale Fds and Ishares Tr, together worth $1.31 trillion.
$3.7 trillion Assets Under Management (AUM)
As of 15th July 2024, Orgel Wealth Management’s top holding is 6,843,144 shares of Vanguard Scottsdale Fds currently worth over $397 billion and making up 10.7% of the portfolio value.
In addition, the fund holds 8,288,257 shares of Ishares Tr worth $910 billion.
The third-largest holding is Schwab Strategic Tr worth $615 billion and the next is Vanguard Bd Index Fds worth $299 billion, with 4,154,480 shares owned.
Currently, Orgel Wealth Management's portfolio is worth at least $3.7 trillion. 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 Orgel Wealth Management
The Orgel Wealth Management office and employees reside in Altoona, Wisconsin. According to the last 13-F report filed with the SEC, Troy Mertens serves as the Chief Compliance Officer at Orgel Wealth Management.
Recent trades
In the most recent 13F filing, Orgel Wealth Management revealed that it had opened a new position in
Ishares Tr and bought 32,473 shares worth $2.54 billion.
The investment fund also strengthened its position in Vanguard Scottsdale Fds by buying
29,639 additional shares.
This makes their stake in Vanguard Scottsdale Fds total 6,843,144 shares worth $397 billion.
On the other hand, there are companies that Orgel Wealth Management is getting rid of from its portfolio.
Orgel Wealth Management closed its position in Nushares Etf Tr on 22nd July 2024.
It sold the previously owned 72,293 shares for $1.99 billion.
Troy Mertens also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $910 billion and 8,288,257 shares.
One of the largest hedge funds
The two most similar investment funds to Orgel Wealth Management are Choate Investment Advisors and Shapiro Capital Management. They manage $3.7 trillion and $3.71 trillion respectively.
Troy Mertens investment strategy
Orgel Wealth Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Miscellaneous — making up 3.1% of
the total portfolio value.
The fund focuses on investments in the United States as
25.0% 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
25% of the total holdings value.
On the other hand, small-cap stocks make up only 2.3% of the portfolio.
The average market cap of the portfolio companies is close to $502 billion.
The complete list of Orgel Wealth Management trades based on 13F SEC filings
These positions were updated on July 22nd 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 Scottsdale Fds |
0.44%
6,843,144
|
$396,833,898,000 | 10.71% |
| Ishares Tr |
1.12%
8,288,257
|
$910,057,047,000 | 24.57% |
| Schwab Strategic Tr |
5.05%
11,152,374
|
$615,353,940,000 | 16.61% |
| Vanguard Bd Index Fds |
1.51%
4,154,480
|
$299,330,281,000 | 8.08% |
| Spdr Ser Tr |
2.52%
2,753,481
|
$220,636,425,000 | 5.96% |
| Vanguard Admiral Fds Inc |
1.46%
1,893,776
|
$185,987,783,000 | 5.02% |
| Vanguard Whitehall Fds |
0.81%
2,468,123
|
$169,897,309,000 | 4.59% |
| Indexiq Active Etf Tr |
2.44%
5,499,685
|
$132,102,433,000 | 3.57% |
| Invesco Exch Traded Fd Tr Ii |
1.65%
4,515,822
|
$124,591,539,000 | 3.36% |
| Fidelity Covington Trust |
6.74%
1,897,583
|
$116,359,818,000 | 3.14% |
| Vanguard Mun Bd Fds |
6.96%
2,093,212
|
$104,890,854,000 | 2.83% |
| Vanguard Index Fds |
7.85%
1,140,930
|
$212,329,496,000 | 5.73% |
| Janus Detroit Str Tr |
7.03%
1,515,269
|
$89,491,784,000 | 2.42% |
| Global X Fds |
9.88%
2,037,722
|
$40,102,375,000 | 1.08% |
| Invesco Exchange Traded Fd T |
0.65%
375,759
|
$23,875,727,000 | 0.64% |
| Vanguard World Fd |
9.16%
293,212
|
$25,050,558,000 | 0.68% |
| Ishares Inc |
0.72%
355,179
|
$19,123,604,000 | 0.52% |
| Ishares Tr |
Opened
32,473
|
$2,543,611,000 | 0.07% |
| Spdr Sp 500 Etf Tr |
84.74%
4,552
|
$2,477,290,000 | 0.07% |
| Microsoft Corporation |
0.39%
5,439
|
$2,430,962,000 | 0.07% |
| Nushares Etf Tr |
Closed
72,293
|
$1,988,058,000 | |
| Apple Inc |
4.41%
8,495
|
$1,789,217,000 | 0.05% |
| Ishares Inc |
Closed
36,083
|
$1,162,956,000 | |
| Vanguard Intl Equity Index F |
28.64%
20,694
|
$905,570,000 | 0.02% |
| Spdr Gold Tr |
7.23%
3,500
|
$752,508,000 | 0.02% |
| Spdr Sp Midcap 400 Etf Tr |
5.23%
1,268
|
$678,482,000 | 0.02% |
| Dbx Etf Tr |
10.67%
27,602
|
$672,937,000 | 0.02% |
| Meta Platforms Inc |
1.40%
1,014
|
$511,280,000 | 0.01% |
| Progressive Corp. |
No change
2,455
|
$509,929,000 | 0.01% |
| Amazon.com Inc. |
7.70%
2,628
|
$507,861,000 | 0.01% |
| FirstService Corp |
No change
2,865
|
$436,541,000 | 0.01% |
| American Centy Etf Tr |
No change
4,656
|
$417,737,000 | 0.01% |
| Mastercard Incorporated |
11.36%
892
|
$393,515,000 | 0.01% |
| Cintas Corporation |
No change
500
|
$350,130,000 | 0.01% |
| Spdr Index Shs Fds |
10.09%
4,310
|
$322,130,000 | 0.01% |
| Pepsico Inc |
4.05%
1,800
|
$296,874,000 | 0.01% |
| Elevance Health Inc |
No change
485
|
$262,803,000 | 0.01% |
| Unitedhealth Group Inc |
4.69%
513
|
$261,251,000 | 0.01% |
| Dimensional Etf Trust |
No change
6,283
|
$246,734,000 | 0.01% |
| Illinois Tool Wks Inc |
No change
1,000
|
$236,960,000 | 0.01% |
| Caterpillar Inc. |
No change
706
|
$235,169,000 | 0.01% |
| Ishares Tr |
Closed
2,723
|
$229,931,000 | |
| Berkshire Hathaway Inc. |
12.79%
538
|
$218,859,000 | 0.01% |
| Jpmorgan Chase Co. |
2.27%
1,079
|
$218,239,000 | 0.01% |
| Johnson Johnson |
Closed
1,369
|
$216,562,000 | |
| Vanguard Specialized Funds |
26.25%
1,152
|
$210,298,000 | 0.01% |
| Procter And Gamble Co |
No change
1,257
|
$207,305,000 | 0.01% |
| Home Depot, Inc. |
9.36%
596
|
$205,168,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 48 holdings | |||
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