Alliance Wealth Management 13F annual report
Alliance Wealth Management is an investment fund managing more than $349 billion ran by Steven Fox. There are currently 44 companies in Mr. Fox’s portfolio. The largest investments include Schwab Strategic Tr and Spdr Ser Tr, together worth $197 billion.
$349 billion Assets Under Management (AUM)
As of 5th July 2024, Alliance Wealth Management’s top holding is 2,830,550 shares of Schwab Strategic Tr currently worth over $142 billion and making up 40.5% of the portfolio value.
In addition, the fund holds 1,547,930 shares of Spdr Ser Tr worth $55.3 billion.
The third-largest holding is Ishares Tr worth $95.8 billion and the next is Pimco Etf Tr worth $8.74 billion, with 91,919 shares owned.
Currently, Alliance Wealth Management's portfolio is worth at least $349 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 Alliance Wealth Management
The Alliance Wealth Management office and employees reside in Flemington, New Jersey. According to the last 13-F report filed with the SEC, Steven Fox serves as the Chief Compliance Officer at Alliance Wealth Management.
Recent trades
In the most recent 13F filing, Alliance Wealth Management revealed that it had opened a new position in
Ishares Tr and bought 22,049 shares worth $1.38 billion.
The investment fund also strengthened its position in Spdr Ser Tr by buying
150,841 additional shares.
This makes their stake in Spdr Ser Tr total 1,547,930 shares worth $55.3 billion.
On the other hand, there are companies that Alliance Wealth Management is getting rid of from its portfolio.
Alliance Wealth Management closed its position in Restaurant Brands International Inc on 12th July 2024.
It sold the previously owned 35,300 shares for $330 thousand.
Steven Fox also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%.
This leaves the value of the investment at $142 billion and 2,830,550 shares.
One of the smaller hedge funds
The two most similar investment funds to Alliance Wealth Management are Cornerstone Retirement and Cm Wealth Advisors. They manage $350 billion and $350 billion respectively.
Steven Fox investment strategy
Alliance Wealth Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.1% of
the total portfolio value.
The fund focuses on investments in the United States as
31.8% 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
30% 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 $520 billion.
The complete list of Alliance Wealth Management 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 |
|---|---|---|---|
| Schwab Strategic Tr |
7.46%
2,830,550
|
$141,613,547,000 | 40.53% |
| Spdr Ser Tr |
10.80%
1,547,930
|
$55,320,832,000 | 15.83% |
| Ishares Tr |
100.60%
1,068,503
|
$95,834,842,000 | 27.43% |
| Pimco Etf Tr |
17.15%
91,919
|
$8,738,696,000 | 2.50% |
| Apple Inc |
6.94%
28,057
|
$5,909,319,000 | 1.69% |
| Invesco Exch Traded Fd Tr Ii |
58.01%
467,603
|
$8,874,204,000 | 2.54% |
| Ishares Inc |
178.38%
85,014
|
$4,550,817,000 | 1.30% |
| Spdr Index Shs Fds |
5.41%
197,541
|
$7,187,467,000 | 2.06% |
| Microsoft Corporation |
28.65%
5,622
|
$2,512,768,000 | 0.72% |
| Invesco Exchange Traded Fd T |
8.04%
7,049
|
$1,158,063,000 | 0.33% |
| Merck Co Inc |
4.01%
9,161
|
$1,134,132,000 | 0.32% |
| Jpmorgan Chase Co. |
12.67%
4,991
|
$1,009,480,000 | 0.29% |
| Ishares Tr |
Opened
22,049
|
$1,380,991,000 | 0.40% |
| Johnson Johnson |
10.72%
6,329
|
$925,001,000 | 0.26% |
| NVIDIA Corp |
855.96%
7,380
|
$911,689,000 | 0.26% |
| Amazon.com Inc. |
3,000.74%
4,186
|
$808,945,000 | 0.23% |
| Vanguard Index Fds |
26.88%
2,799
|
$748,874,000 | 0.21% |
| Alphabet Inc |
3,009.29%
5,690
|
$1,041,399,000 | 0.30% |
| Vanguard Index Fds |
Opened
5,286
|
$1,503,103,000 | 0.43% |
| Meta Platforms Inc |
7.30%
1,206
|
$608,089,000 | 0.17% |
| Att Inc |
10.05%
27,021
|
$516,367,000 | 0.15% |
| Vanguard Specialized Funds |
70.49%
2,791
|
$509,444,000 | 0.15% |
| Coca Cola Cons Inc |
3.78%
7,883
|
$501,753,000 | 0.14% |
| Spdr Sp 500 Etf Tr |
Opened
830
|
$451,703,000 | 0.13% |
| Bank America Corp |
0.01%
9,929
|
$394,876,000 | 0.11% |
| Chevron Corp. |
0.82%
2,430
|
$380,101,000 | 0.11% |
| International Business Machs |
Opened
2,077
|
$359,292,000 | 0.10% |
| Invesco Exch Traded Fd Tr Ii |
Opened
1,780
|
$350,760,000 | 0.10% |
| Dimensional Etf Trust |
42.00%
5,721
|
$336,681,000 | 0.10% |
| Matinas Biopharma Holdings Inc |
Opened
1,886,715
|
$298,667,000 | 0.09% |
| Costco Whsl Corp New |
Opened
347
|
$294,811,000 | 0.08% |
| Cisco Sys Inc |
0.81%
6,157
|
$292,519,000 | 0.08% |
| NextEra Energy Inc |
20.87%
4,054
|
$287,056,000 | 0.08% |
| Vanguard Intl Equity Index F |
Opened
2,545
|
$286,654,000 | 0.08% |
| Colgate-Palmolive Co. |
33.29%
2,879
|
$279,384,000 | 0.08% |
| Las Vegas Sands Corp |
No change
6,300
|
$278,775,000 | 0.08% |
| Home Depot, Inc. |
No change
717
|
$246,820,000 | 0.07% |
| Public Svc Enterprise Grp In |
0.97%
3,252
|
$239,672,000 | 0.07% |
| Disney Walt Co |
5.87%
2,327
|
$231,023,000 | 0.07% |
| Procter And Gamble Co |
No change
1,360
|
$224,291,000 | 0.06% |
| Vanguard World Fd |
Opened
695
|
$218,376,000 | 0.06% |
| Oracle Corp. |
Opened
1,546
|
$218,295,000 | 0.06% |
| Vanguard Intl Equity Index F |
16.72%
3,702
|
$217,100,000 | 0.06% |
| Hershey Company |
No change
1,100
|
$202,213,000 | 0.06% |
| Restaurant Brands International Inc |
Closed
35,300
|
$330,000 | |
| Ishares Tr |
Closed
1,257
|
$262,000 | |
| Verizon Communications Inc |
Closed
4,250
|
$217,000 | |
| No transactions found | |||
| Showing first 500 out of 47 holdings | |||
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