Matrix Trust Co 13F annual report
Matrix Trust Co is an investment fund managing more than $443 million ran by Michael Thomas. There are currently 147 companies in Mr. Thomas’s portfolio. The largest investments include Schwab Strategic Tr and Ishares Tr, together worth $305 million.
$443 million Assets Under Management (AUM)
As of 3rd July 2024, Matrix Trust Co’s top holding is 3,428,192 shares of Schwab Strategic Tr currently worth over $163 million and making up 36.8% of the portfolio value.
In addition, the fund holds 1,949,608 shares of Ishares Tr worth $142 million.
The third-largest holding is Vanguard Intl Equity Index F worth $30.4 million and the next is Vanguard Scottsdale Fds worth $25.7 million, with 329,511 shares owned.
Currently, Matrix Trust Co's portfolio is worth at least $443 million. 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 Matrix Trust Co
The Matrix Trust Co office and employees reside in Denver, Colorado. According to the last 13-F report filed with the SEC, Michael Thomas serves as the Sr. Financial Analyst at Matrix Trust Co.
Recent trades
In the most recent 13F filing, Matrix Trust Co revealed that it had opened a new position in
Ishares Tr and bought 83,262 shares worth $2.18 million.
The investment fund also strengthened its position in Select Sector Spdr Tr by buying
8,754 additional shares.
This makes their stake in Select Sector Spdr Tr total 76,995 shares worth $6.91 million.
On the other hand, there are companies that Matrix Trust Co is getting rid of from its portfolio.
Matrix Trust Co closed its position in Bristol-Myers Squibb Co on 10th July 2024.
It sold the previously owned 21,793 shares for $1.18 million.
Michael Thomas also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%.
This leaves the value of the investment at $163 million and 3,428,192 shares.
One of the smallest hedge funds
The two most similar investment funds to Matrix Trust Co are Landmark Bank and Thb Asset Management. They manage $444 million and $440 million respectively.
Michael Thomas investment strategy
Matrix Trust Co’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Finance — making up 2.4% of
the total portfolio value.
The fund focuses on investments in the United States as
59.9% 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
22% of the total holdings value.
On the other hand, small-cap stocks make up only 2.0% of the portfolio.
The average market cap of the portfolio companies is close to $92.2 billion.
The complete list of Matrix Trust Co trades based on 13F SEC filings
These positions were updated on July 10th 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 |
0.98%
3,428,192
|
$163,036,000 | 36.81% |
| Ishares Tr |
0.48%
1,949,608
|
$142,251,000 | 32.12% |
| Vanguard Intl Equity Index F |
0.74%
693,931
|
$30,366,000 | 6.86% |
| Vanguard Scottsdale Fds |
0.68%
329,511
|
$25,671,000 | 5.80% |
| Hartford Fds Exchange Traded |
3.51%
595,623
|
$14,567,000 | 3.29% |
| Select Sector Spdr Tr |
12.83%
76,995
|
$6,912,000 | 1.56% |
| Broadcom Inc. |
3.04%
1,866
|
$2,996,000 | 0.68% |
| Costco Whsl Corp New |
0.92%
3,130
|
$2,660,000 | 0.60% |
| Apple Inc |
2.38%
12,046
|
$2,537,000 | 0.57% |
| Microsoft Corporation |
5.47%
5,576
|
$2,492,000 | 0.56% |
| Abbvie Inc |
0.67%
13,317
|
$2,284,000 | 0.52% |
| Exxon Mobil Corp. |
2.55%
19,528
|
$2,248,000 | 0.51% |
| Accenture Plc Ireland |
17.45%
7,343
|
$2,228,000 | 0.50% |
| Allstate Corp (The) |
11.67%
13,590
|
$2,170,000 | 0.49% |
| Texas Instrs Inc |
4.78%
10,943
|
$2,129,000 | 0.48% |
| Ishares Tr |
Opened
83,262
|
$2,177,000 | 0.49% |
| JPMorgan Chase & Co. |
0.78%
10,157
|
$2,054,000 | 0.46% |
| Home Depot, Inc. |
5.01%
5,677
|
$1,954,000 | 0.44% |
| Aflac Inc. |
5.08%
21,379
|
$1,909,000 | 0.43% |
| Merck & Co Inc |
2.81%
14,879
|
$1,842,000 | 0.42% |
| Lockheed Martin Corp. |
1.90%
3,747
|
$1,750,000 | 0.40% |
| Union Pac Corp |
6.38%
7,553
|
$1,709,000 | 0.39% |
| Unitedhealth Group Inc |
5.71%
3,352
|
$1,707,000 | 0.39% |
| Wisdomtree Tr |
50.22%
33,158
|
$1,668,000 | 0.38% |
| Johnson & Johnson |
4.56%
11,367
|
$1,661,000 | 0.38% |
| Price T Rowe Group Inc |
6.13%
13,945
|
$1,608,000 | 0.36% |
| Paychex Inc. |
8.15%
13,447
|
$1,594,000 | 0.36% |
| Marsh & McLennan Cos., Inc. |
0.59%
7,503
|
$1,581,000 | 0.36% |
| CME Group Inc |
4.13%
8,013
|
$1,575,000 | 0.36% |
| NextEra Energy Inc |
1.49%
20,928
|
$1,482,000 | 0.33% |
| United Parcel Service, Inc. |
2.97%
10,137
|
$1,387,000 | 0.31% |
| Chevron Corp. |
6.55%
8,509
|
$1,331,000 | 0.30% |
| Blackrock Inc. |
5.14%
1,575
|
$1,240,000 | 0.28% |
| Bristol-Myers Squibb Co. |
Closed
21,793
|
$1,182,000 | |
| Northrop Grumman Corp. |
1.84%
2,602
|
$1,134,000 | 0.26% |
| Pepsico Inc |
7.30%
6,410
|
$1,057,000 | 0.24% |
| Extra Space Storage Inc. |
Opened
6,739
|
$1,047,000 | 0.24% |
| Cisco Sys Inc |
1.31%
22,024
|
$1,046,000 | 0.24% |
| Raytheon Technologies Corp |
6.24%
10,183
|
$1,022,000 | 0.23% |
| BondBloxx ETF Trust |
4.19%
9,233
|
$464,000 | 0.10% |
| World Gold Tr |
52.13%
8,410
|
$388,000 | 0.09% |
| Simplify Exchange Traded Fun |
Closed
11,462
|
$304,000 | |
| American Centy Etf Tr |
Closed
2,864
|
$268,000 | |
| Vanguard World Fds |
Inf%
1,718
|
$254,000 | 0.06% |
| Spdr Ser Tr |
Opened
949
|
$87,000 | 0.02% |
| Harbor ETF Trust |
Opened
2,728
|
$61,000 | 0.01% |
| Abercrombie & Fitch Co. |
Opened
196
|
$35,000 | 0.01% |
| Innovator ETFs Trust |
Closed
1,185
|
$30,000 | |
| e.l.f. Beauty Inc |
Opened
130
|
$27,000 | 0.01% |
| Pacer Fds Tr |
7.91%
505
|
$27,000 | 0.01% |
| Emcor Group, Inc. |
Opened
72
|
$26,000 | 0.01% |
| Matson Inc |
Opened
174
|
$23,000 | 0.01% |
| AMKOR Technology Inc. |
Opened
575
|
$23,000 | 0.01% |
| Vertiv Holdings Co |
Opened
259
|
$22,000 | 0.00% |
| FTAI Aviation Ltd |
Opened
209
|
$22,000 | 0.00% |
| Bread Financial Holdings Inc |
Opened
481
|
$21,000 | 0.00% |
| Walmart Inc |
104.61%
311
|
$21,000 | 0.00% |
| Sylvamo Corp |
Opened
312
|
$21,000 | 0.00% |
| Constellium SE |
Opened
1,080
|
$20,000 | 0.00% |
| Us Foods Hldg Corp |
Opened
381
|
$20,000 | 0.00% |
| National Storage Affiliates |
Opened
455
|
$19,000 | 0.00% |
| Vista Outdoor Inc |
Opened
502
|
$19,000 | 0.00% |
| Taylor Morrison Home Corp. |
Opened
338
|
$19,000 | 0.00% |
| Deckers Outdoor Corp. |
Opened
20
|
$19,000 | 0.00% |
| PBF Energy Inc |
Opened
384
|
$18,000 | 0.00% |
| Builders Firstsource Inc |
Opened
127
|
$18,000 | 0.00% |
| Apploving Corp |
Opened
219
|
$18,000 | 0.00% |
| Axis Cap Hldgs Ltd |
Opened
259
|
$18,000 | 0.00% |
| Genuine Parts Co. |
91.30%
132
|
$18,000 | 0.00% |
| Caseys Gen Stores Inc |
53.33%
46
|
$18,000 | 0.00% |
| Dnow Inc |
Opened
1,298
|
$18,000 | 0.00% |
| RPM International, Inc. |
179.66%
165
|
$18,000 | 0.00% |
| Abbott Labs |
110.53%
160
|
$17,000 | 0.00% |
| Cboe Global Mkts Inc |
Opened
100
|
$17,000 | 0.00% |
| ADT Inc |
Opened
2,199
|
$17,000 | 0.00% |
| Hub Group, Inc. |
Opened
404
|
$17,000 | 0.00% |
| Msc Indl Direct Inc |
129.67%
209
|
$17,000 | 0.00% |
| Skywest Inc. |
Opened
210
|
$17,000 | 0.00% |
| Par Pac Holdings Inc |
Opened
675
|
$17,000 | 0.00% |
| Jabil Inc |
Opened
158
|
$17,000 | 0.00% |
| Host Hotels & Resorts Inc |
Opened
940
|
$17,000 | 0.00% |
| Epr Pptys |
Opened
413
|
$17,000 | 0.00% |
| World Kinect Corporation |
Opened
647
|
$17,000 | 0.00% |
| Comfort Sys Usa Inc |
Opened
55
|
$17,000 | 0.00% |
| Archer Daniels Midland Co. |
62.96%
264
|
$16,000 | 0.00% |
| Avnet, Inc. |
Opened
314
|
$16,000 | 0.00% |
| Option Care Health, Inc. |
Opened
572
|
$16,000 | 0.00% |
| Tri Pointe Homes Inc. |
Opened
434
|
$16,000 | 0.00% |
| American Finl Group Inc Ohio |
Opened
129
|
$16,000 | 0.00% |
| Resideo Technologies Inc |
Opened
804
|
$16,000 | 0.00% |
| Hanover Ins Group Inc |
Opened
124
|
$16,000 | 0.00% |
| Graco Inc. |
114.58%
206
|
$16,000 | 0.00% |
| Weatherford Intl Plc |
Opened
133
|
$16,000 | 0.00% |
| Enova International Inc. |
Opened
255
|
$16,000 | 0.00% |
| TD Synnex Corp |
Opened
138
|
$16,000 | 0.00% |
| Tidewater Inc. |
Opened
169
|
$16,000 | 0.00% |
| Sanmina Corp |
Opened
244
|
$16,000 | 0.00% |
| Commercial Metals Co. |
Opened
295
|
$16,000 | 0.00% |
| OneMain Holdings Inc |
Opened
314
|
$15,000 | 0.00% |
| Nucor Corp. |
123.81%
94
|
$15,000 | 0.00% |
| Cullen Frost Bankers Inc. |
108.33%
150
|
$15,000 | 0.00% |
| Verizon Communications Inc |
83.84%
364
|
$15,000 | 0.00% |
| Boise Cascade Co |
Opened
121
|
$14,000 | 0.00% |
| Sweetgreen, Inc. |
Opened
477
|
$14,000 | 0.00% |
| Onto Innovation Inc. |
Opened
65
|
$14,000 | 0.00% |
| Sonic Automotive, Inc. |
Opened
261
|
$14,000 | 0.00% |
| TechnipFMC plc |
Opened
550
|
$14,000 | 0.00% |
| Radnet Inc |
Opened
246
|
$14,000 | 0.00% |
| Air Prods & Chems Inc |
76.67%
53
|
$14,000 | 0.00% |
| HF Sinclair Corporation |
Opened
259
|
$14,000 | 0.00% |
| Vistra Corp |
Opened
153
|
$13,000 | 0.00% |
| XPO Inc |
Opened
123
|
$13,000 | 0.00% |
| APi Group Corporation |
Opened
336
|
$13,000 | 0.00% |
| Abm Inds Inc |
Opened
261
|
$13,000 | 0.00% |
| Federal Signal Corp. |
Opened
158
|
$13,000 | 0.00% |
| Delek Us Hldgs Inc New |
Opened
531
|
$13,000 | 0.00% |
| Albemarle Corp. |
125.86%
131
|
$13,000 | 0.00% |
| Elastic N.V |
Opened
107
|
$12,000 | 0.00% |
| Gap, Inc. |
Opened
492
|
$12,000 | 0.00% |
| Wp Carey Inc |
3.26%
222
|
$12,000 | 0.00% |
| International Business Machs |
105.88%
70
|
$12,000 | 0.00% |
| Nike, Inc. |
90.12%
154
|
$12,000 | 0.00% |
| Q2 Holdings Inc |
Opened
206
|
$12,000 | 0.00% |
| Pulte Group Inc |
Opened
109
|
$12,000 | 0.00% |
| Pimco Etf Tr |
Opened
122
|
$12,000 | 0.00% |
| Medpace Holdings Inc |
Opened
28
|
$12,000 | 0.00% |
| TopBuild Corp |
Opened
31
|
$12,000 | 0.00% |
| Gulfport Energy Corp. |
Opened
79
|
$12,000 | 0.00% |
| Lincoln Elec Hldgs Inc |
153.85%
66
|
$12,000 | 0.00% |
| Arrow Electrs Inc |
Opened
103
|
$12,000 | 0.00% |
| Esab Corporation |
Opened
116
|
$11,000 | 0.00% |
| Reinsurance Grp Of America I |
Opened
52
|
$11,000 | 0.00% |
| Jackson Financial Inc |
Opened
153
|
$11,000 | 0.00% |
| Lear Corp. |
Opened
90
|
$10,000 | 0.00% |
| Griffon Corp. |
Opened
155
|
$10,000 | 0.00% |
| Telephone & Data Sys Inc |
Opened
488
|
$10,000 | 0.00% |
| CVR Energy Inc |
Opened
389
|
$10,000 | 0.00% |
| Informatica Inc. |
Opened
325
|
$10,000 | 0.00% |
| Saia Inc. |
Opened
21
|
$10,000 | 0.00% |
| Williams-Sonoma, Inc. |
Opened
36
|
$10,000 | 0.00% |
| Owens & Minor, Inc. |
Opened
649
|
$9,000 | 0.00% |
| Adient plc |
Opened
358
|
$9,000 | 0.00% |
| Azek Co Inc |
Opened
225
|
$9,000 | 0.00% |
| Masterbrand Inc |
Opened
634
|
$9,000 | 0.00% |
| Core & Main, Inc. |
Opened
191
|
$9,000 | 0.00% |
| Celsius Holdings Inc |
Opened
165
|
$9,000 | 0.00% |
| Virtu Finl Inc |
Opened
386
|
$9,000 | 0.00% |
| Oscar Health, Inc. |
Opened
570
|
$9,000 | 0.00% |
| Ryerson Hldg Corp |
Opened
435
|
$8,000 | 0.00% |
| Alpha Metallurgical Resour I |
Opened
28
|
$8,000 | 0.00% |
| G-III Apparel Group Ltd. |
Opened
274
|
$7,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 151 holdings | |||
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