Concorde Asset Management 13F annual report
Concorde Asset Management is an investment fund managing more than $152 billion ran by Danielle Delongchamp. There are currently 125 companies in Mrs. Delongchamp’s portfolio. The largest investments include First Tr Exchng Traded Fd Vi and Ishares Tr, together worth $52.4 billion.
$152 billion Assets Under Management (AUM)
As of 5th August 2024, Concorde Asset Management’s top holding is 710,201 shares of First Tr Exchng Traded Fd Vi currently worth over $20.7 billion and making up 13.6% of the portfolio value.
In addition, the fund holds 245,539 shares of Ishares Tr worth $31.7 billion.
The third-largest holding is First Tr Exchange-traded Fd worth $13.5 billion and the next is Spdr S&p 500 Etf Tr worth $8.07 billion, with 14,823 shares owned.
Currently, Concorde Asset Management's portfolio is worth at least $152 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 Concorde Asset Management
The Concorde Asset Management office and employees reside in Ann Arbor, Michigan. According to the last 13-F report filed with the SEC, Danielle Delongchamp serves as the President at Concorde Asset Management.
Recent trades
In the most recent 13F filing, Concorde Asset Management revealed that it had opened a new position in
First Tr Exchng Traded Fd Vi and bought 710,201 shares worth $20.7 billion.
The investment fund also strengthened its position in Ishares Tr by buying
61,308 additional shares.
This makes their stake in Ishares Tr total 245,539 shares worth $31.7 billion.
On the other hand, there are companies that Concorde Asset Management is getting rid of from its portfolio.
Concorde Asset Management closed its position in First Tr Morningstar Divid L on 12th August 2024.
It sold the previously owned 171,022 shares for $6.07 billion.
Danielle Delongchamp also disclosed a decreased stake in Ishares Inc by 0.1%.
This leaves the value of the investment at $1.33 billion and 24,869 shares.
One of the smallest hedge funds
The two most similar investment funds to Concorde Asset Management are Kathleen S. Wright Associates and Worth Advisory. They manage $152 billion and $152 billion respectively.
Danielle Delongchamp investment strategy
Concorde Asset Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 10.0% of
the total portfolio value.
The fund focuses on investments in the United States as
36.0% 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
31% of the total holdings value.
On the other hand, small-cap stocks make up only 2.4% of the portfolio.
The average market cap of the portfolio companies is close to $247 billion.
The complete list of Concorde Asset Management trades based on 13F SEC filings
These positions were updated on August 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 |
|---|---|---|---|
| First Tr Exchng Traded Fd Vi |
Opened
710,201
|
$20,735,117,000 | 13.61% |
| Ishares Tr |
33.28%
245,539
|
$31,695,603,000 | 20.80% |
| First Tr Exchange-traded Fd |
Opened
239,400
|
$13,510,050,000 | 8.87% |
| Spdr S&p 500 Etf Tr |
1,466.91%
14,823
|
$8,067,293,000 | 5.30% |
| NVIDIA Corp |
783.55%
53,163
|
$6,567,814,000 | 4.31% |
| First Tr Morningstar Divid L |
Closed
171,022
|
$6,071,281,000 | |
| First Tr Exchange Traded Fd |
Opened
51,573
|
$5,726,541,000 | 3.76% |
| Ishares Tr |
Closed
120,922
|
$6,466,264,000 | |
| First Tr Value Line Divid In |
Closed
112,306
|
$4,510,209,000 | |
| Schwab Strategic Tr |
Closed
60,776
|
$4,446,406,000 | |
| Wisdomtree Tr |
Closed
53,085
|
$4,367,303,000 | |
| Ishares Tr |
Opened
73,334
|
$6,841,098,000 | 4.49% |
| J P Morgan Exchange Traded F |
Closed
55,614
|
$3,036,524,000 | |
| Apple Inc |
29.52%
13,104
|
$2,759,903,000 | 1.81% |
| Blackrock Etf Trust |
Opened
53,677
|
$2,519,598,000 | 1.65% |
| Microsoft Corporation |
110.89%
4,998
|
$2,233,997,000 | 1.47% |
| Edison Intl |
Closed
30,479
|
$2,151,513,000 | |
| First Tr Mid Cap Core Alphad |
Opened
17,197
|
$1,866,330,000 | 1.23% |
| Amazon.com Inc. |
97.88%
7,371
|
$1,424,446,000 | 0.93% |
| Ishares Inc |
11.13%
24,869
|
$1,331,239,000 | 0.87% |
| Fortis Inc. |
No change
29,000
|
$1,126,360,000 | 0.74% |
| Trade Desk Inc |
Opened
11,299
|
$1,103,573,000 | 0.72% |
| Eli Lilly & Co |
Opened
1,110
|
$1,005,372,000 | 0.66% |
| Berkshire Hathaway Inc. |
190.52%
2,391
|
$972,659,000 | 0.64% |
| Ishares Inc |
Opened
14,782
|
$875,094,000 | 0.57% |
| Advisorshares Tr |
108.52%
162,316
|
$1,000,377,000 | 0.66% |
| Nexpoint Diversified Rel Et |
583.95%
133,713
|
$739,433,000 | 0.49% |
| Meta Platforms Inc |
Opened
1,461
|
$736,547,000 | 0.48% |
| Johnson & Johnson |
114.86%
4,886
|
$714,120,000 | 0.47% |
| Neuberger Berman Real Estate |
858.64%
210,900
|
$709,678,000 | 0.47% |
| Novo-nordisk A S |
118.44%
4,915
|
$701,567,000 | 0.46% |
| Exxon Mobil Corp. |
1.45%
6,012
|
$692,104,000 | 0.45% |
| VanEck ETF Trust |
Opened
2,645
|
$689,552,000 | 0.45% |
| JPMorgan Chase & Co. |
24.12%
3,303
|
$668,081,000 | 0.44% |
| Sharkninja Inc |
Opened
8,801
|
$661,395,000 | 0.43% |
| Fs Credit Opportunities Corp |
541.48%
98,089
|
$624,827,000 | 0.41% |
| Costco Whsl Corp New |
0.55%
731
|
$621,540,000 | 0.41% |
| Tesla Inc |
10.61%
3,126
|
$618,572,000 | 0.41% |
| Lpl Finl Hldgs Inc |
Opened
2,200
|
$614,405,000 | 0.40% |
| Vanguard Index Fds |
31.26%
2,228
|
$877,239,000 | 0.58% |
| Adobe Inc |
Opened
1,087
|
$603,872,000 | 0.40% |
| Intuit Inc |
76.97%
876
|
$575,591,000 | 0.38% |
| Western Ast Infl Lkd Opp & I |
129.86%
67,350
|
$573,148,000 | 0.38% |
| Independence Rlty Tr Inc |
Opened
30,176
|
$565,493,000 | 0.37% |
| Twist Bioscience Corp |
Opened
11,401
|
$561,841,000 | 0.37% |
| Abbvie Inc |
89.38%
3,151
|
$540,440,000 | 0.35% |
| Super Micro Computer Inc |
Opened
634
|
$519,468,000 | 0.34% |
| Neuberger Berman Next Genera |
Opened
40,230
|
$519,369,000 | 0.34% |
| Netflix Inc. |
Opened
765
|
$516,283,000 | 0.34% |
| Advanced Micro Devices Inc. |
32.75%
3,101
|
$503,013,000 | 0.33% |
| Tortoise Midstrm Energy Fd I |
Opened
11,700
|
$502,515,000 | 0.33% |
| Palantir Technologies Inc. |
Opened
19,344
|
$489,974,000 | 0.32% |
| Vanguard Index Fds |
Opened
3,662
|
$853,745,000 | 0.56% |
| Spdr Ser Tr |
Opened
14,610
|
$1,128,201,000 | 0.74% |
| Home Depot, Inc. |
5.15%
1,348
|
$464,026,000 | 0.30% |
| Select Sector Spdr Tr |
Opened
9,584
|
$1,203,012,000 | 0.79% |
| Alignment Healthcare Inc |
65.84%
56,020
|
$438,076,000 | 0.29% |
| Vanguard Tax-managed Fds |
0.30%
8,648
|
$427,384,000 | 0.28% |
| Global Net Lease, Inc. |
Opened
57,333
|
$421,398,000 | 0.28% |
| Spdr Gold Tr |
14.67%
1,948
|
$418,839,000 | 0.27% |
| Alphabet Inc |
Opened
3,454
|
$630,601,000 | 0.41% |
| Oneok Inc. |
Opened
5,020
|
$409,369,000 | 0.27% |
| Vanguard Intl Equity Index F |
Closed
10,071
|
$406,849,000 | |
| Royce Small Cap Trust Inc. |
Opened
28,048
|
$405,855,000 | 0.27% |
| Chevron Corp. |
9.79%
2,579
|
$403,413,000 | 0.26% |
| Verizon Communications Inc |
52.95%
9,495
|
$391,583,000 | 0.26% |
| Tortoise Pipeline & Energy F |
Opened
10,600
|
$383,508,000 | 0.25% |
| Tjx Cos Inc New |
0.12%
3,330
|
$366,633,000 | 0.24% |
| Vanguard Mun Bd Fds |
Opened
7,200
|
$360,792,000 | 0.24% |
| Broadcom Inc |
Opened
221
|
$355,476,000 | 0.23% |
| ServiceNow Inc |
Opened
450
|
$354,002,000 | 0.23% |
| Shell Plc |
Opened
4,839
|
$349,279,000 | 0.23% |
| Jackson Financial Inc |
Opened
4,700
|
$349,022,000 | 0.23% |
| Doubleline Income Solutions |
25.93%
26,950
|
$337,414,000 | 0.22% |
| First Tr Exchange-traded Fd |
94.13%
6,059
|
$331,719,000 | 0.22% |
| Bank Montreal Medium |
Opened
6,680
|
$328,188,000 | 0.22% |
| Invesco Exch Traded Fd Tr Ii |
Opened
3,659
|
$320,016,000 | 0.21% |
| Dimensional Etf Trust |
Opened
13,203
|
$579,413,000 | 0.38% |
| Paycom Software Inc |
Opened
2,188
|
$312,928,000 | 0.21% |
| Mcdonalds Corp |
2.39%
1,224
|
$311,847,000 | 0.20% |
| Vanguard Scottsdale Fds |
Opened
3,895
|
$311,327,000 | 0.20% |
| Invesco Exch Traded Fd Tr Ii |
Closed
2,321
|
$306,395,000 | |
| Us Bancorp Del |
0.63%
7,670
|
$304,499,000 | 0.20% |
| Caterpillar Inc. |
10.52%
902
|
$300,456,000 | 0.20% |
| Duff & Phelps Utlity And Inf |
Opened
30,300
|
$297,849,000 | 0.20% |
| Vanguard Index Fds |
Closed
1,408
|
$296,976,000 | |
| Medical Pptys Trust Inc |
Opened
66,702
|
$287,486,000 | 0.19% |
| Ford Mtr Co Del |
15.62%
22,756
|
$285,360,000 | 0.19% |
| Clearbridge Energy Midstrm O |
22.41%
6,822
|
$281,203,000 | 0.18% |
| Blackrock Etf Trust Ii |
Opened
5,340
|
$278,748,000 | 0.18% |
| AMGEN Inc. |
Opened
888
|
$277,378,000 | 0.18% |
| Ameriprise Finl Inc |
Opened
649
|
$277,246,000 | 0.18% |
| Procter And Gamble Co |
4.55%
1,679
|
$276,901,000 | 0.18% |
| Philip Morris International Inc |
2.25%
2,721
|
$276,415,000 | 0.18% |
| Disney Walt Co |
Opened
2,768
|
$274,830,000 | 0.18% |
| Valero Energy Corp. |
Opened
1,746
|
$273,648,000 | 0.18% |
| Highland Opportunities |
Opened
42,350
|
$264,688,000 | 0.17% |
| Wisdomtree Tr |
100.17%
5,847
|
$264,343,000 | 0.17% |
| Amplify Etf Tr |
Opened
5,650
|
$264,307,000 | 0.17% |
| Vanguard World Fd |
76.59%
2,222
|
$263,307,000 | 0.17% |
| Dorian LPG Ltd |
Opened
6,275
|
$263,299,000 | 0.17% |
| Adams Diversified Equity Fd |
Opened
12,150
|
$261,104,000 | 0.17% |
| Etf Ser Solutions |
Opened
6,050
|
$258,682,000 | 0.17% |
| J P Morgan Exchange Traded F |
Opened
4,993
|
$251,997,000 | 0.17% |
| Peakstone Realty Trust |
Opened
23,644
|
$250,631,000 | 0.16% |
| Vanguard World Fd |
Opened
793
|
$249,059,000 | 0.16% |
| Cohen & Steers Real Estate O |
Opened
17,200
|
$244,756,000 | 0.16% |
| Blackrock Enhanced Equity Di |
Opened
29,100
|
$237,747,000 | 0.16% |
| Abbott Labs |
Opened
2,277
|
$236,640,000 | 0.16% |
| Ishares Silver Tr |
Closed
10,653
|
$235,608,000 | |
| Altria Group Inc. |
92.16%
5,124
|
$233,387,000 | 0.15% |
| TotalEnergies SE |
Opened
3,500
|
$233,380,000 | 0.15% |
| Enbridge Inc |
Opened
6,527
|
$232,296,000 | 0.15% |
| Ulta Beauty Inc |
Opened
594
|
$229,207,000 | 0.15% |
| Visa Inc |
Opened
871
|
$228,611,000 | 0.15% |
| Deere & Co. |
50.45%
605
|
$226,127,000 | 0.15% |
| Coca-Cola Co |
Opened
3,541
|
$225,453,000 | 0.15% |
| KKR & Co. Inc |
Opened
2,134
|
$224,582,000 | 0.15% |
| Invesco Exchange Traded Fd T |
Opened
1,352
|
$222,107,000 | 0.15% |
| Cisco Sys Inc |
Opened
4,556
|
$216,464,000 | 0.14% |
| Nuveen Vriabl Rat Pfd & Inm |
Opened
11,600
|
$213,208,000 | 0.14% |
| First Tr Lrg Cp Vl Alphadex |
Opened
2,883
|
$212,211,000 | 0.14% |
| Penumbra Inc |
8.70%
1,175
|
$211,465,000 | 0.14% |
| Rbb Fd Inc |
Opened
4,196
|
$209,884,000 | 0.14% |
| Gentex Corp. |
Closed
7,400
|
$207,422,000 | |
| Intuitive Surgical Inc |
Opened
465
|
$206,855,000 | 0.14% |
| Cto Rlty Growth Inc New |
Opened
11,700
|
$204,282,000 | 0.13% |
| Qualcomm, Inc. |
Opened
1,015
|
$202,185,000 | 0.13% |
| Franklin Bsp Rlty Tr Inc |
Opened
14,850
|
$187,110,000 | 0.12% |
| Mobile Infrastructure Corp |
Opened
54,179
|
$185,834,000 | 0.12% |
| American Healthcare Reit Inc |
Opened
12,600
|
$184,086,000 | 0.12% |
| Nuveen Pfd & Income Opportun |
Opened
18,851
|
$140,927,000 | 0.09% |
| Cabaletta Bio Inc |
Closed
15,800
|
$130,666,000 | |
| SoFi Technologies, Inc. |
11.35%
18,874
|
$124,757,000 | 0.08% |
| Eaton Vance Calif Mun Bd Fd |
Opened
13,000
|
$123,630,000 | 0.08% |
| Neuberger Brman Clifrn Muni |
Closed
10,300
|
$114,536,000 | |
| Blackrock Long-term Mun Adva |
Opened
11,185
|
$113,304,000 | 0.07% |
| Liberty All Star Equity Fd |
Opened
10,900
|
$74,120,000 | 0.05% |
| Anixa Biosciences, Inc. |
Opened
13,969
|
$30,871,000 | 0.02% |
| No transactions found | |||
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