Legacy Wealth Management, Inc 13F annual report

Legacy Wealth Management, Inc is an investment fund managing more than $1.38 trillion ran by Cathy Simmons. There are currently 9 companies in Mrs. Simmons’s portfolio. The largest investments include Ishares Tr and Schwab Strategic Tr, together worth $1.03 trillion.

$1.38 trillion Assets Under Management (AUM)

As of 5th July 2024, Legacy Wealth Management, Inc’s top holding is 3,288,148 shares of Ishares Tr currently worth over $656 billion and making up 47.5% of the portfolio value. In addition, the fund holds 6,372,226 shares of Schwab Strategic Tr worth $375 billion. The third-largest holding is Fidelity Merrimack Str Tr worth $129 billion and the next is J P Morgan Exchange Traded F worth $191 billion, with 4,007,887 shares owned.

Currently, Legacy Wealth Management, Inc's portfolio is worth at least $1.38 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 Legacy Wealth Management, Inc

The Legacy Wealth Management, Inc office and employees reside in Memphis, Tennessee. According to the last 13-F report filed with the SEC, Cathy Simmons serves as the Chief Compliance Officer at Legacy Wealth Management, Inc.

Recent trades

In the most recent 13F filing, Legacy Wealth Management, Inc revealed that it had increased its stake in Fidelity Merrimack Str Tr and bought 65,956 additional shares worth around .

On the other hand, there are companies that Legacy Wealth Management, Inc is getting rid of from its portfolio. Legacy Wealth Management, Inc closed its position in Ishares Tr on 12th July 2024. It sold the previously owned 3,087 shares for $209 million. Cathy Simmons also disclosed a decreased stake in Ishares Tr by approximately 0.1%. This leaves the value of the investment at $656 billion and 3,288,148 shares.

One of the largest hedge funds

The two most similar investment funds to Legacy Wealth Management, Inc are Knights Of Columbus Asset Advisors and Aip. They manage $1.38 trillion and $1.38 trillion respectively.

Cathy Simmons investment strategy

Legacy Wealth Management, Inc’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Consumer Discretionary — making up approximately 0.1% of the total portfolio value. The fund focuses on investments in the United States as 11.1% 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 11% 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 $1.97 trillion.

The complete list of Legacy Wealth Management, Inc trades based on 13F SEC filings

These positions were updated on July 12th 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 Tr	0.54% 3,288,148	$655,585,620,000	47.45%
Schwab Strategic Tr	0.85% 6,372,226	$374,587,640,000	27.11%
Fidelity Merrimack Str Tr	2.35% 2,874,451	$129,149,071,000	9.35%
J P Morgan Exchange Traded F	5.30% 4,007,887	$191,251,577,000	13.84%
Hartford Fds Exchange Traded	0.01% 423,329	$16,382,832,000	1.19%
Vanguard Index Fds	No change 26,995	$7,221,432,000	0.52%
Spdr Sp 500 Etf Tr	2.01% 9,965	$5,422,887,000	0.39%
Att Inc	3.05% 89,358	$1,707,631,000	0.12%
Apple Inc	46.90% 1,001	$210,831,000	0.02%
Ishares Tr	Closed 3,087	$209,484,000
Warner Bros.Discovery Inc	Closed 22,643	$197,673,000
No transactions found
Showing first 500 out of 11 holdings