Chicago Wealth Management 13F annual report
Chicago Wealth Management is an investment fund managing more than $162 billion ran by Nicholas Thompson. There are currently 28 companies in Mr. Thompson’s portfolio. The largest investments include Spdr Ser Tr and Select Sector Spdr Tr, together worth $37.1 billion.
$162 billion Assets Under Management (AUM)
As of 8th May 2024, Chicago Wealth Management’s top holding is 311,916 shares of Spdr Ser Tr currently worth over $23.2 billion and making up 14.3% of the portfolio value.
In addition, the fund holds 116,981 shares of Select Sector Spdr Tr worth $13.9 billion.
The third-largest holding is Pacer Fds Tr worth $10.8 billion and the next is Ishares Tr worth $53.8 billion, with 650,628 shares owned.
Currently, Chicago Wealth Management's portfolio is worth at least $162 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 Chicago Wealth Management
The Chicago Wealth Management office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, Nicholas Thompson serves as the Chief Compliance Officer at Chicago Wealth Management.
Recent trades
In the most recent 13F filing, Chicago Wealth Management revealed that it had opened a new position in
Select Sector Spdr Tr and bought 122,768 shares worth $5.17 billion.
The investment fund also strengthened its position in Pacer Fds Tr by buying
716 additional shares.
This makes their stake in Pacer Fds Tr total 186,747 shares worth $10.8 billion.
On the other hand, there are companies that Chicago Wealth Management is getting rid of from its portfolio.
Chicago Wealth Management closed its position in Ishares Silver Tr on 15th May 2024.
It sold the previously owned 15,695 shares for $342 million.
Nicholas Thompson also disclosed a decreased stake in Spdr Ser Tr by approximately 0.1%.
This leaves the value of the investment at $23.2 billion and 311,916 shares.
One of the smallest hedge funds
The two most similar investment funds to Chicago Wealth Management are Regal Wealth and Cox Capital Mgt. They manage $162 billion and $162 billion respectively.
Nicholas Thompson investment strategy
Chicago Wealth Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.6% of
the total portfolio value.
The fund focuses on investments in the United States as
35.7% 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
32% of the total holdings value.
On the other hand, small-cap stocks make up only 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $613 billion.
The complete list of Chicago Wealth Management trades based on 13F SEC filings
These positions were updated on May 15th 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 |
|---|---|---|---|
| Spdr Ser Tr |
9.86%
311,916
|
$23,182,741,000 | 14.30% |
| Select Sector Spdr Tr |
24.17%
116,981
|
$13,881,903,000 | 8.56% |
| Pacer Fds Tr |
0.38%
186,747
|
$10,754,954,000 | 6.63% |
| Ishares Tr |
27.91%
650,628
|
$53,843,377,000 | 33.21% |
| Invesco Exchange Traded Fd T |
0.82%
461,348
|
$27,509,121,000 | 16.97% |
| Global X Fds |
21.13%
200,033
|
$7,963,299,000 | 4.91% |
| Select Sector Spdr Tr |
Opened
122,768
|
$5,170,988,000 | 3.19% |
| Spdr Ser Tr |
Opened
18,723
|
$2,900,754,000 | 1.79% |
| Apple Inc |
1.18%
13,923
|
$2,387,600,000 | 1.47% |
| Ishares Tr |
Opened
49,366
|
$2,141,497,000 | 1.32% |
| Marriott Intl Inc New |
No change
6,792
|
$1,713,690,000 | 1.06% |
| Alphabet Inc |
4.37%
9,845
|
$1,499,015,000 | 0.92% |
| Allstate Corp (The) |
No change
8,227
|
$1,423,353,000 | 0.88% |
| Cbiz Inc |
17.65%
14,000
|
$1,099,000,000 | 0.68% |
| Amazon.com Inc. |
1.02%
5,366
|
$967,919,000 | 0.60% |
| Microsoft Corporation |
4.22%
2,269
|
$954,766,000 | 0.59% |
| NVIDIA Corp |
Opened
900
|
$813,204,000 | 0.50% |
| Morgan Stanley |
No change
6,243
|
$587,841,000 | 0.36% |
| Tesla Inc |
0.66%
3,000
|
$527,370,000 | 0.33% |
| Vanguard Index Fds |
Opened
1,883
|
$489,392,000 | 0.30% |
| Discover Finl Svcs |
No change
3,123
|
$409,394,000 | 0.25% |
| First Trust Lrgcp Gwt Alphad |
No change
2,884
|
$355,540,000 | 0.22% |
| Ishares Silver Tr |
Closed
15,695
|
$341,837,000 | |
| Mastercard Incorporated |
No change
632
|
$304,352,000 | 0.19% |
| Lamb Weston Hldngs Inc |
No change
2,473
|
$263,449,000 | 0.16% |
| Home Depot, Inc. |
No change
680
|
$260,848,000 | 0.16% |
| Invesco Exchange Traded Fd T |
Opened
2,779
|
$243,829,000 | 0.15% |
| Nushares Etf Tr |
22.34%
3,149
|
$240,206,000 | 0.15% |
| CME Group Inc |
Closed
1,088
|
$229,190,000 | |
| Wintrust Finl Corp |
No change
2,161
|
$225,587,000 | 0.14% |
| No transactions found | |||
| Showing first 500 out of 30 holdings | |||
Hedge funds similar to Chicago Wealth Management
- Dcf Advisers
- Friedenthal
- Worth Asset Management
- Bluestem Financial Advisors
- Eq
- Medina Value Partners
- Cox Capital Mgt
- Regal Wealth
- Dean Capital Management
- Crestwood Capital Management, L.P.
- Bromfield Sneider Wealth Advisors
- Valley Management
- Paradigm, Strategies In Wealth Management
- Mn Wealth Advisors