Black Diamond 13F annual report

Black Diamond is an investment fund managing more than $515 billion ran by Matt Goette. There are currently 83 companies in Mr. Goette’s portfolio. The largest investments include Vanguard World Fd and Schwab Strategic Tr, together worth $227 billion.

Limited to 30 biggest holdings

$515 billion Assets Under Management (AUM)

As of 2nd August 2024, Black Diamond’s top holding is 864,217 shares of Vanguard World Fd currently worth over $138 billion and making up 26.9% of the portfolio value. In addition, the fund holds 1,443,374 shares of Schwab Strategic Tr worth $88.4 billion. The third-largest holding is Ishares Tr worth $36.5 billion and the next is Spdr Ser Tr worth $24.6 billion, with 725,677 shares owned.

Currently, Black Diamond's portfolio is worth at least $515 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 Black Diamond

The Black Diamond office and employees reside in Towson, Maryland. According to the last 13-F report filed with the SEC, Matt Goette serves as the Matt Goette at Black Diamond.

Recent trades

In the most recent 13F filing, Black Diamond revealed that it had opened a new position in Ishares Tr and bought 468,235 shares worth $36.5 billion.

The investment fund also strengthened its position in Vanguard World Fd by buying 48,717 additional shares. This makes their stake in Vanguard World Fd total 864,217 shares worth $138 billion.

On the other hand, there are companies that Black Diamond is getting rid of from its portfolio. Black Diamond closed its position in Vanguard Scottsdale Fds on 9th August 2024. It sold the previously owned 3,722 shares for $217 million. Matt Goette also disclosed a decreased stake in Vanguard Scottsdale Fds by 0.2%. This leaves the value of the investment at $6.97 billion and 89,968 shares.

One of the average hedge funds

The two most similar investment funds to Black Diamond are Ropes Wealth Advisors and Somerville Kurt F. They manage $515 billion and $515 billion respectively.


Matt Goette investment strategy

Black Diamond’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Miscellaneous — making up 2.1% of the total portfolio value. The fund focuses on investments in the United States as 43.4% 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 37% 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 $332 billion.

The complete list of Black Diamond trades based on 13F SEC filings

These positions were updated on August 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
Vanguard World Fd
5.97%
864,217
$138,286,155,000 26.86%
Schwab Strategic Tr
9.28%
1,443,374
$88,439,202,000 17.18%
Ishares Tr
Opened
468,235
$36,475,557,000 7.09%
Spdr Ser Tr
1,769.58%
725,677
$24,587,880,000 4.78%
Vanguard Index Fds
8.69%
388,046
$85,945,454,000 16.70%
Fidelity Covington Trust
31.02%
434,473
$11,009,555,000 2.14%
Lindblad Expeditions Hldgs I
No change
904,452
$8,727,962,000 1.70%
Invesco Exchange Traded Fd T
1,166.15%
51,912
$8,528,044,000 1.66%
Vanguard Tax-managed Fds
15.95%
147,358
$7,282,433,000 1.41%
Vanguard Scottsdale Fds
16.41%
89,968
$6,965,213,000 1.35%
Ishares Tr
13.07%
328,572
$25,358,999,000 4.93%
Apple Inc
5.25%
28,762
$6,058,000,000 1.18%
Ishares Inc
27.50%
109,999
$5,888,230,000 1.14%
Vanguard Intl Equity Index F
1.63%
100,898
$5,662,338,000 1.10%
Proshares Tr
Opened
35,462
$3,408,962,000 0.66%
Spdr Gold Tr
722.36%
15,189
$3,265,786,000 0.63%
Berkshire Hathaway Inc.
76.04%
7,885
$3,207,618,000 0.62%
Spdr S&p Midcap 400 Etf Tr
649.86%
5,264
$2,816,661,000 0.55%
Microsoft Corporation
37.74%
5,872
$2,624,446,000 0.51%
Spdr S&p 500 Etf Tr
1.14%
3,981
$2,166,540,000 0.42%
Amazon.com Inc.
15.39%
9,695
$1,873,561,000 0.36%
Vanguard Mun Bd Fds
No change
36,967
$1,852,416,000 0.36%
Ssga Active Etf Tr
4.40%
40,908
$1,709,956,000 0.33%
Alphabet Inc
18.83%
14,393
$2,633,499,000 0.51%
Select Sector Spdr Tr
3.17%
15,670
$2,090,496,000 0.41%
Eli Lilly & Co
41.06%
1,522
$1,377,815,000 0.27%
NVIDIA Corp
1,100.44%
10,840
$1,339,198,000 0.26%
JPMorgan Chase & Co.
9.56%
6,221
$1,258,190,000 0.24%
Constellation Energy Corp
6.59%
4,898
$980,994,000 0.19%
Vanguard Specialized Funds
19.61%
5,252
$958,805,000 0.19%
Bank America Corp
6.46%
23,032
$915,977,000 0.18%
Select Sector Spdr Tr
Opened
15,907
$1,433,802,000 0.28%
Mckesson Corporation
2.24%
1,506
$879,792,000 0.17%
Vanguard Malvern Fds
0.36%
16,970
$823,723,000 0.16%
Sprott Physical Silver Tr
Opened
74,000
$734,820,000 0.14%
Pepsico Inc
1.64%
4,385
$723,251,000 0.14%
Tesla Inc
16.65%
3,258
$644,693,000 0.13%
Unitedhealth Group Inc
21.09%
1,240
$631,639,000 0.12%
Custom Truck One Source Inc
16.52%
141,735
$616,548,000 0.12%
Exxon Mobil Corp.
129.90%
5,051
$581,517,000 0.11%
Procter And Gamble Co
13.24%
3,480
$574,001,000 0.11%
Meta Platforms Inc
0.35%
1,126
$567,850,000 0.11%
CSX Corp.
8.78%
15,219
$509,076,000 0.10%
Merck & Co Inc
15.69%
4,018
$497,488,000 0.10%
SouthState Corporation
No change
6,391
$488,372,000 0.09%
Exelon Corp.
2.02%
14,067
$486,875,000 0.09%
Costco Whsl Corp New
53.44%
557
$473,506,000 0.09%
Prologis Inc
3.18%
4,150
$466,057,000 0.09%
Visa Inc
59.33%
1,751
$459,655,000 0.09%
Vanguard Whitehall Fds
26.57%
3,577
$424,202,000 0.08%
Ishares Gold Tr
16.40%
9,584
$421,025,000 0.08%
Honeywell International Inc
1.04%
1,943
$414,905,000 0.08%
Mastercard Incorporated
55.65%
937
$413,415,000 0.08%
Quanta Svcs Inc
0.94%
1,608
$408,576,000 0.08%
Johnson & Johnson
86.36%
2,747
$401,413,000 0.08%
Willscot Mobil Mini Hldng Co
Opened
10,000
$376,400,000 0.07%
Global X Fds
Opened
12,901
$373,473,000 0.07%
Ishares Bitcoin Tr
Opened
10,218
$348,843,000 0.07%
Union Pac Corp
19.80%
1,519
$343,689,000 0.07%
Lowes Cos Inc
No change
1,441
$317,683,000 0.06%
Yum Brands Inc.
No change
2,275
$301,307,000 0.06%
Chevron Corp.
Opened
1,923
$300,862,000 0.06%
Becton Dickinson & Co.
No change
1,214
$283,724,000 0.06%
RTX Corp
Opened
2,819
$283,053,000 0.05%
Sprott Physical Gold & Silve
Opened
12,800
$282,240,000 0.05%
Danaher Corp.
Opened
1,114
$278,200,000 0.05%
Home Depot, Inc.
8.28%
785
$270,227,000 0.05%
Abbvie Inc
18.87%
1,550
$265,856,000 0.05%
Knight-swift Transn Hldgs In
Opened
5,150
$257,088,000 0.05%
Oreilly Automotive Inc
No change
243
$256,623,000 0.05%
Evergy Inc
No change
4,729
$250,495,000 0.05%
Spdr Dow Jones Indl Average
0.32%
618
$241,503,000 0.05%
Walmart Inc
Opened
3,501
$237,072,000 0.05%
Caterpillar Inc.
Opened
692
$230,725,000 0.04%
Wells Fargo Co New
Opened
3,855
$229,000,000 0.04%
Expeditors Intl Wash Inc
5.36%
1,748
$218,132,000 0.04%
Vanguard Scottsdale Fds
Closed
3,722
$217,103,000
Verizon Communications Inc
Opened
5,189
$214,010,000 0.04%
Schwab Strategic Tr
Opened
4,592
$209,305,000 0.04%
Deere & Co.
Closed
520
$207,932,000
Ross Stores, Inc.
Opened
1,420
$206,355,000 0.04%
Ishares Tr
Closed
1,874
$201,438,000
Docgo Inc
No change
38,592
$119,249,000 0.02%
Newmark Group Inc
Opened
10,000
$102,300,000 0.02%
Industrial Logistics Pptys T
No change
25,000
$92,000,000 0.02%
Cel-Sci Corp.
35.85%
72,000
$83,520,000 0.02%
No transactions found
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