Element Wealth 13F annual report
Element Wealth is an investment fund managing more than $176 billion ran by Barry Smith. There are currently 103 companies in Mr. Smith’s portfolio. The largest investments include Ishares Tr and Amplify Etf Tr, together worth $85.7 billion.
$176 billion Assets Under Management (AUM)
As of 1st August 2024, Element Wealth’s top holding is 1,167,361 shares of Ishares Tr currently worth over $77.2 billion and making up 43.8% of the portfolio value.
In addition, the fund holds 219,767 shares of Amplify Etf Tr worth $8.5 billion.
The third-largest holding is Schwab Strategic Tr worth $16 billion and the next is Spdr S&p 500 Etf Tr worth $6.95 billion, with 12,777 shares owned.
Currently, Element Wealth's portfolio is worth at least $176 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 Element Wealth
The Element Wealth office and employees reside in Ridgeland, Mississippi. According to the last 13-F report filed with the SEC, Barry Smith serves as the Chief Compliance Officer at Element Wealth.
Recent trades
In the most recent 13F filing, Element Wealth revealed that it had opened a new position in
Janus Detroit Str Tr and bought 15,904 shares worth $809 million.
The investment fund also strengthened its position in Ishares Tr by buying
79,368 additional shares.
This makes their stake in Ishares Tr total 1,167,361 shares worth $77.2 billion.
On the other hand, there are companies that Element Wealth is getting rid of from its portfolio.
Element Wealth closed its position in Ishares Tr on 8th August 2024.
It sold the previously owned 3,912 shares for $409 million.
Barry Smith also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%.
This leaves the value of the investment at $16 billion and 271,226 shares.
One of the smallest hedge funds
The two most similar investment funds to Element Wealth are Perritt Capital Management Inc and Fortitude Family Office. They manage $177 billion and $176 billion respectively.
Barry Smith investment strategy
Element Wealth’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Finance — making up 5.0% of
the total portfolio value.
The fund focuses on investments in the United States as
37.9% 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
34% of the total holdings value.
On the other hand, small-cap stocks make up only 2.9% of the portfolio.
The average market cap of the portfolio companies is close to $301 billion.
The complete list of Element Wealth trades based on 13F SEC filings
These positions were updated on August 8th 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 |
|---|---|---|---|
| Ishares Tr |
7.29%
1,167,361
|
$77,211,295,000 | 43.76% |
| Amplify Etf Tr |
2.73%
219,767
|
$8,499,879,000 | 4.82% |
| Schwab Strategic Tr |
0.90%
271,226
|
$16,011,507,000 | 9.07% |
| Spdr S&p 500 Etf Tr |
1.82%
12,777
|
$6,953,507,000 | 3.94% |
| PIMCO Access Income Fund |
0.57%
234,471
|
$3,706,982,000 | 2.10% |
| Ishares Inc |
16.44%
78,842
|
$3,979,818,000 | 2.26% |
| Pimco Dynamic Income Oprnts |
1.58%
258,093
|
$3,430,049,000 | 1.94% |
| Hartford Fds Exchange Traded |
1.31%
150,596
|
$2,908,009,000 | 1.65% |
| Spdr S&p Midcap 400 Etf Tr |
3.36%
4,486
|
$2,400,369,000 | 1.36% |
| Apple Inc |
0.47%
10,786
|
$2,271,680,000 | 1.29% |
| Microsoft Corporation |
0.03%
3,649
|
$1,630,735,000 | 0.92% |
| Vanguard Whitehall Fds |
209.42%
24,577
|
$1,762,583,000 | 1.00% |
| Meta Platforms Inc |
6.83%
2,848
|
$1,435,873,000 | 0.81% |
| Spdr Index Shs Fds |
2.71%
17,374
|
$1,288,206,000 | 0.73% |
| JPMorgan Chase & Co. |
4.36%
6,125
|
$1,238,882,000 | 0.70% |
| Chevron Corp. |
2.73%
7,414
|
$1,159,757,000 | 0.66% |
| Fidelity Covington Trust |
8.92%
72,704
|
$1,951,919,000 | 1.11% |
| Teva Pharmaceutical Inds Ltd |
No change
65,740
|
$1,068,275,000 | 0.61% |
| Berkshire Hathaway Inc. |
0.67%
2,401
|
$976,727,000 | 0.55% |
| Blackstone Inc |
11.76%
7,728
|
$956,784,000 | 0.54% |
| First Tr Exchange-traded Fd |
2.81%
18,004
|
$1,192,466,000 | 0.68% |
| Abbvie Inc |
0.19%
5,367
|
$920,540,000 | 0.52% |
| Amazon.com Inc. |
7.07%
4,494
|
$868,466,000 | 0.49% |
| Proshares Tr |
1.49%
8,867
|
$852,411,000 | 0.48% |
| Janus Detroit Str Tr |
Opened
15,904
|
$809,196,000 | 0.46% |
| Wisdomtree Tr |
34.37%
55,237
|
$2,832,063,000 | 1.60% |
| Wells Fargo Co New |
2.98%
12,428
|
$738,098,000 | 0.42% |
| Prudential Finl Inc |
5.22%
6,152
|
$720,917,000 | 0.41% |
| Pimco Etf Tr |
6.06%
8,593
|
$775,387,000 | 0.44% |
| Vanguard Index Fds |
7.93%
7,784
|
$1,586,485,000 | 0.90% |
| The Southern Co. |
7.97%
8,140
|
$631,457,000 | 0.36% |
| Public Svc Enterprise Grp In |
0.19%
8,227
|
$606,329,000 | 0.34% |
| Visa Inc |
8.05%
2,294
|
$602,002,000 | 0.34% |
| Starwood Ppty Tr Inc |
5.57%
31,780
|
$601,905,000 | 0.34% |
| Merck & Co Inc |
7.41%
4,514
|
$558,824,000 | 0.32% |
| Simon Ppty Group Inc New |
8.47%
3,523
|
$534,842,000 | 0.30% |
| Walmart Inc |
3.17%
7,507
|
$508,278,000 | 0.29% |
| Eli Lilly & Co |
No change
543
|
$492,035,000 | 0.28% |
| Valero Energy Corp. |
0.36%
3,048
|
$477,783,000 | 0.27% |
| J P Morgan Exchange Traded F |
2.50%
8,187
|
$464,810,000 | 0.26% |
| Invesco Exchange Traded Fd T |
1.91%
15,713
|
$905,336,000 | 0.51% |
| Nuveen Amt Free Mun Cr Inc F |
10.25%
34,931
|
$435,238,000 | 0.25% |
| CVS Health Corp |
6.57%
7,251
|
$428,267,000 | 0.24% |
| Spdr Gold Tr |
No change
1,957
|
$420,775,000 | 0.24% |
| Shell Plc |
7.54%
5,790
|
$417,933,000 | 0.24% |
| Vici Pptys Inc |
0.81%
14,527
|
$416,043,000 | 0.24% |
| Pfizer Inc. |
22.62%
14,483
|
$405,239,000 | 0.23% |
| First Tr Exchange-traded Alp |
6.17%
5,504
|
$404,984,000 | 0.23% |
| Cisco Sys Inc |
19.57%
8,518
|
$404,674,000 | 0.23% |
| Alphabet Inc |
5.02%
4,239
|
$774,957,000 | 0.44% |
| Nuveen Amt Free Qlty Mun Inc |
10.07%
34,742
|
$398,146,000 | 0.23% |
| Spdr Dow Jones Indl Average |
3.17%
1,008
|
$394,259,000 | 0.22% |
| Procter And Gamble Co |
26.08%
2,383
|
$393,046,000 | 0.22% |
| NVIDIA Corp |
816.86%
3,154
|
$389,676,000 | 0.22% |
| Vanguard Scottsdale Fds |
7.48%
5,096
|
$390,053,000 | 0.22% |
| Exxon Mobil Corp. |
35.56%
3,297
|
$379,597,000 | 0.22% |
| Coca-Cola Co |
16.36%
5,945
|
$378,367,000 | 0.21% |
| Unitedhealth Group Inc |
6.69%
739
|
$376,382,000 | 0.21% |
| First Tr Lrge Cp Core Alpha |
5.46%
3,823
|
$370,793,000 | 0.21% |
| Verizon Communications Inc |
36.40%
8,967
|
$369,802,000 | 0.21% |
| RTX Corp |
22.06%
3,580
|
$359,351,000 | 0.20% |
| First Tr Mid Cap Core Alphad |
6.36%
3,268
|
$354,665,000 | 0.20% |
| Abrdn Natl Mun Income Fd |
No change
33,535
|
$354,129,000 | 0.20% |
| Direxion Shs Etf Tr |
No change
3,966
|
$351,943,000 | 0.20% |
| Blackrock Muni Income Tr Ii |
13.02%
30,969
|
$334,780,000 | 0.19% |
| First Tr Sml Cp Core Alpha F |
6.48%
3,665
|
$331,536,000 | 0.19% |
| Lam Research Corp. |
0.33%
302
|
$321,656,000 | 0.18% |
| Comcast Corp New |
28.44%
8,169
|
$319,912,000 | 0.18% |
| Nuveen Quality Muncp Income |
12.97%
26,106
|
$306,482,000 | 0.17% |
| Honeywell International Inc |
32.26%
1,402
|
$299,471,000 | 0.17% |
| Invesco Ltd |
0.51%
19,572
|
$292,792,000 | 0.17% |
| Salesforce Inc |
0.44%
1,137
|
$292,236,000 | 0.17% |
| Johnson & Johnson |
31.47%
1,901
|
$277,850,000 | 0.16% |
| Oracle Corp. |
0.05%
1,959
|
$276,595,000 | 0.16% |
| Aflac Inc. |
5.98%
3,051
|
$272,523,000 | 0.15% |
| Trustmark Corp. |
Opened
9,041
|
$271,604,000 | 0.15% |
| First Tr Exchng Traded Fd Vi |
No change
11,700
|
$386,613,000 | 0.22% |
| 3M Co. |
7.27%
2,538
|
$259,352,000 | 0.15% |
| Select Sector Spdr Tr |
2.92%
5,748
|
$631,561,000 | 0.36% |
| Blackrock Inc. |
6.10%
323
|
$253,975,000 | 0.14% |
| Spdr Ser Tr |
0.06%
3,404
|
$321,405,000 | 0.18% |
| Disney Walt Co |
4.39%
2,428
|
$241,109,000 | 0.14% |
| First Tr Exch Trd Alphdx Fd |
6.49%
13,544
|
$457,219,000 | 0.26% |
| AT&T Inc. |
10.99%
12,056
|
$230,381,000 | 0.13% |
| Ishares Tr |
Closed
3,912
|
$408,646,000 | |
| Regions Financial Corp. |
Opened
11,241
|
$225,270,000 | 0.13% |
| Molson Coors Beverage Company |
Closed
3,280
|
$220,582,000 | |
| Boeing Co. |
3.07%
1,210
|
$220,303,000 | 0.12% |
| Lockheed Martin Corp. |
Opened
469
|
$219,186,000 | 0.12% |
| Legg Mason Etf Invt |
Closed
5,893
|
$217,106,000 | |
| Eastgroup Pptys Inc |
No change
1,250
|
$212,625,000 | 0.12% |
| Adobe Inc |
Opened
380
|
$211,105,000 | 0.12% |
| Emerson Elec Co |
1.71%
1,837
|
$202,310,000 | 0.11% |
| Caterpillar Inc. |
Closed
551
|
$201,836,000 | |
| Altria Group Inc. |
Opened
4,406
|
$200,687,000 | 0.11% |
| Vanguard Intl Equity Index F |
8.43%
4,085
|
$233,145,000 | 0.13% |
| Bny Mellon Mun Bd Infrastruc |
19.73%
16,101
|
$170,349,000 | 0.10% |
| Eaton Vance Sr Income Tr |
1.46%
13,081
|
$82,931,000 | 0.05% |
| Ishares Tr |
Opened
3,259
|
$123,246,000 | 0.07% |
| Vanguard Intl Equity Index F |
Opened
278
|
$18,562,000 | 0.01% |
| Select Sector Spdr Tr |
Opened
120
|
$14,624,000 | 0.01% |
| Pimco Etf Tr |
Opened
520
|
$13,333,000 | 0.01% |
| Invesco Exchange Traded Fd T |
Opened
181
|
$7,432,000 | 0.00% |
| Wisdomtree Tr |
Opened
442
|
$11,078,000 | 0.01% |
| Spdr Ser Tr |
Opened
97
|
$7,563,000 | 0.00% |
| Ishares Inc |
Opened
188
|
$9,047,000 | 0.01% |
| Vanguard Index Fds |
Opened
13
|
$3,245,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 107 holdings | |||
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