Riverpoint Wealth Management 13F annual report

Riverpoint Wealth Management is an investment fund managing more than $315 billion ran by Gerardo Martinez. There are currently 32 companies in Mr. Martinez’s portfolio. The largest investments include Goldman Sachs Etf Tr and Schwab Strategic Tr, together worth $124 billion.

Limited to 30 biggest holdings

$315 billion Assets Under Management (AUM)

As of 1st August 2023, Riverpoint Wealth Management’s top holding is 685,021 shares of Goldman Sachs Etf Tr currently worth over $59.8 billion and making up 19.0% of the portfolio value. In addition, the fund holds 1,569,522 shares of Schwab Strategic Tr worth $63.8 billion. The third-largest holding is Vanguard Tax-managed Fds worth $34.9 billion and the next is Vanguard Index Fds worth $59.4 billion, with 245,339 shares owned.

Currently, Riverpoint Wealth Management's portfolio is worth at least $315 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 Riverpoint Wealth Management

The Riverpoint Wealth Management office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, Gerardo Martinez serves as the Regulatory Consultant at Riverpoint Wealth Management.

Recent trades

In the most recent 13F filing, Riverpoint Wealth Management revealed that it had opened a new position in Fidelity Merrimack Str Tr and bought 262,877 shares worth $11.9 billion.

The investment fund also strengthened its position in Goldman Sachs Etf Tr by buying 77,776 additional shares. This makes their stake in Goldman Sachs Etf Tr total 685,021 shares worth $59.8 billion.

On the other hand, there are companies that Riverpoint Wealth Management is getting rid of from its portfolio. Riverpoint Wealth Management closed its position in Flexshares Tr on 7th August 2023. It sold the previously owned 19,994 shares for $1.11 million. Gerardo Martinez also disclosed a decreased stake in Accenture Plc Ireland by approximately 0.1%. This leaves the value of the investment at $6.03 billion and 19,532 shares.

One of the average hedge funds

The two most similar investment funds to Riverpoint Wealth Management are Xcel Wealth Management and Engrave Wealth Partners. They manage $316 billion and $316 billion respectively.

Gerardo Martinez investment strategy

Riverpoint Wealth Management’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Miscellaneous — making up 5.9% of the total portfolio value. The fund focuses on investments in the United States as 31.3% 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 3.1% of the portfolio. The average market cap of the portfolio companies is close to $477 billion.

The complete list of Riverpoint Wealth Management trades based on 13F SEC filings

These positions were updated on August 7th 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
Goldman Sachs Etf Tr	12.81% 685,021	$59,802,292,000	18.96%
Schwab Strategic Tr	22.99% 1,569,522	$63,795,619,000	20.23%
Vanguard Tax-managed Fds	17.24% 756,600	$34,939,767,000	11.08%
Vanguard Index Fds	9.25% 245,339	$59,379,663,000	18.83%
Fidelity Covington Trust	76.65% 739,240	$18,547,537,000	5.88%
Ishares Tr	3.43% 139,899	$35,707,125,000	11.32%
Fidelity Merrimack Str Tr	Opened 262,877	$11,939,871,000	3.79%
Accenture Plc Ireland	9.86% 19,532	$6,027,217,000	1.91%
Select Sector Spdr Tr	11.33% 36,764	$4,879,708,000	1.55%
Vanguard Specialized Funds	0.51% 19,860	$3,225,788,000	1.02%
Apple Inc	1.84% 12,743	$2,471,768,000	0.78%
Spdr Ser Tr	14.31% 51,950	$2,244,256,000	0.71%
Microsoft Corporation	15.10% 5,474	$1,864,123,000	0.59%
Vanguard Intl Equity Index F	12.87% 42,865	$1,743,762,000	0.55%
Abbvie Inc	5.27% 7,825	$1,054,227,000	0.33%
Vanguard World Fds	4.05% 3,030	$1,149,450,000	0.36%
Johnson Johnson	0.46% 3,460	$572,645,000	0.18%
Home Depot, Inc.	10.58% 1,788	$555,418,000	0.18%
Vanguard Bd Index Fds	Opened 7,624	$554,197,000	0.18%
Ishares Gold Tr	No change 13,073	$475,709,000	0.15%
Pfizer Inc.	3.38% 11,180	$410,075,000	0.13%
Amazon.com Inc.	782.37% 3,053	$397,988,000	0.13%
Goldman Sachs Group, Inc.	35.95% 1,224	$394,906,000	0.13%
Ishares Tr	Opened 6,983	$855,706,000	0.27%
Willis Towers Watson Plc Ltd	0.20% 1,541	$362,796,000	0.12%
Lpl Finl Hldgs Inc	No change 1,532	$333,103,000	0.11%
Oracle Corp.	50.18% 2,730	$325,163,000	0.10%
Cisco Sys Inc	23.13% 5,740	$296,978,000	0.09%
Procter And Gamble Co	18.23% 1,913	$290,349,000	0.09%
Stryker Corp.	31.38% 938	$286,084,000	0.09%
Ventas Inc	No change 5,096	$240,888,000	0.08%
Abbott Labs	Opened 1,935	$210,929,000	0.07%
Flexshares Tr	Closed 19,994	$1,113,000
Ishares Tr	Closed 35,527	$1,831,000
Goldman Sachs Etf Tr	Closed 35,653	$1,247,000
Vanguard Intl Equity Index F	Closed 9,200	$561,000
First Trust Lrgcp Gwt Alphad	Closed 4,918	$546,000
Alphabet Inc	Closed 304	$812,000
Disney Walt Co	Closed 2,372	$401,000
Kraft Heinz Co	Closed 8,770	$323,000
CVS Health Corp	Closed 3,671	$312,000
Select Sector Spdr Tr	Closed 1,808	$270,000
Berkshire Hathaway Inc.	Closed 915	$250,000
Broadcom Inc.	Closed 500	$243,000
Nike, Inc.	Closed 1,575	$229,000
Vanguard Index Fds	Closed 700	$203,000
No transactions found
Showing first 500 out of 46 holdings