Legacy 13F annual report
Legacy is an investment fund managing more than $334 million ran by Chad Terry. There are currently 59 companies in Mr. Terry’s portfolio. The largest investments include Ishares Trust Core S&p Us Gwt Etf and Spdr Series Trust S&p Divid Etf, together worth $89.8 million.
$334 million Assets Under Management (AUM)
As of 15th October 2021, Legacy’s top holding is 467,301 shares of Ishares Trust Core S&p Us Gwt Etf currently worth over $47.9 million and making up 14.3% of the portfolio value.
In addition, the fund holds 356,467 shares of Spdr Series Trust S&p Divid Etf worth $41.9 million.
The third-largest holding is Vanguard Small Cp Etf worth $31.6 million and the next is Ishares Trust 5-10 Year Investment Grade worth $25.7 million, with 428,588 shares owned.
Currently, Legacy's portfolio is worth at least $334 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 Legacy
The Legacy office and employees reside in Des Moines, Iowa. According to the last 13-F report filed with the SEC, Chad Terry serves as the Chief Compliance Officer at Legacy.
Recent trades
In the most recent 13F filing, Legacy revealed that it had opened a new position in
Invesco Exchange Traded Self I Invsco Blsh 26 Etf and bought 81,559 shares worth $2.09 million.
The investment fund also strengthened its position in Ishares Trust Core S&p Us Gwt Etf by buying
14,012 additional shares.
This makes their stake in Ishares Trust Core S&p Us Gwt Etf total 467,301 shares worth $47.9 million.
On the other hand, there are companies that Legacy is getting rid of from its portfolio.
Legacy closed its position in Vanguard Growth Etf on 22nd October 2021.
It sold the previously owned 10,095 shares for $2.9 million.
Chad Terry also disclosed a decreased stake in Invesco Exchange Traded Self I Bulshs 2023 Cb Etf by approximately 0.1%.
This leaves the value of the investment at $9.08 million and 419,094 shares.
One of the smaller hedge funds
The two most similar investment funds to Legacy are Advisors Management Group Inc adv and Lexaurum Advisors. They manage $334 million and $334 million respectively.
Chad Terry investment strategy
Legacy’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Finance — making up 0.8% of
the total portfolio value.
The fund focuses on investments in the United States as
6.8% 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
5% of the total holdings value.
On the other hand, small-cap stocks make up only 1.7% of the portfolio.
The average market cap of the portfolio companies is close to $657 billion.
The complete list of Legacy trades based on 13F SEC filings
These positions were updated on October 22nd 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 Trust Core S&p Us Gwt Etf |
3.09%
467,301
|
$47,856,000 | 14.32% |
| Spdr Series Trust S&p Divid Etf |
3.53%
356,467
|
$41,903,000 | 12.53% |
| Vanguard Small Cp Etf |
4.50%
144,513
|
$31,601,000 | 9.45% |
| Ishares Trust 5-10 Year Investment Grade |
7.46%
428,588
|
$25,741,000 | 7.70% |
| Ishares Trust 0-5yr Hi Yl Cp Etf |
11.66%
373,133
|
$17,052,000 | 5.10% |
| Ishares Trust Tips Bd Etf |
12.10%
127,908
|
$16,333,000 | 4.89% |
| Vanguard Mid Cap Etf |
6.46%
67,877
|
$16,071,000 | 4.81% |
| Vanguard Short Trm Bond Etf |
15.08%
138,569
|
$11,354,000 | 3.40% |
| Wisdomtree Trust Em Ex St-owned Etf |
12.41%
300,712
|
$11,223,000 | 3.36% |
| Vanguard Total Int Bd Etf |
8.06%
172,016
|
$9,798,000 | 2.93% |
| Invesco Exchange Traded Self I Bulshs 2025 Hy Etf |
3.95%
398,506
|
$9,795,000 | 2.93% |
| Invesco Exchange Traded Self I Bulshs 2023 Cb Etf |
0.29%
419,094
|
$9,082,000 | 2.72% |
| Spdr Series Trust Blmbrg Brc Cnvrt Etf |
14.45%
104,390
|
$8,910,000 | 2.67% |
| Invesco Exchange Traded Self I Bulshs 2022 Hy Etf |
11.98%
355,840
|
$8,270,000 | 2.47% |
| Invesco Exchange Traded Self I Bulshs 2024 Cb Etf |
4.35%
350,495
|
$7,749,000 | 2.32% |
| Ishares Trust Cre U S Reit Etf |
40.42%
105,055
|
$6,161,000 | 1.84% |
| Vanguard Ftse Dev Mkt Etf |
4.73%
62,174
|
$3,139,000 | 0.94% |
| Vanguard Total Stk Mkt Etf |
1.28%
13,291
|
$2,951,000 | 0.88% |
| Vanguard Growth Etf |
Closed
10,095
|
$2,895,000 | |
| Microsoft Corp Com |
8.38%
10,089
|
$2,844,000 | 0.85% |
| Berkshire Hathaway Inc. |
0.13%
10,301
|
$2,812,000 | 0.84% |
| Ishares Trust Core S&p Ttl Stk Etf |
8.02%
28,164
|
$2,771,000 | 0.83% |
| Ishares Trust Core S&p Scp Etf |
1.38%
21,388
|
$2,335,000 | 0.70% |
| Invesco Exchange Traded Self I Invsco Blsh 26 Etf |
Opened
81,559
|
$2,094,000 | 0.63% |
| Casey's General Stores Inc Com |
1.33%
10,935
|
$2,061,000 | 0.62% |
| Ishares Trust Aggres Alloc Etf |
50.56%
28,699
|
$2,003,000 | 0.60% |
| Ssga Active Etf Tr Mult Ass Rlrtn Etf |
1.03%
65,847
|
$1,881,000 | 0.56% |
| Ishares Trust Sp Smcp600vl Etf |
12.81%
18,166
|
$1,829,000 | 0.55% |
| Ishares Trust S&p Mc 400vl Etf |
17.39%
16,674
|
$1,718,000 | 0.51% |
| Ishares Trust Iboxx Inv Cp Etf |
6.95%
12,842
|
$1,708,000 | 0.51% |
| Flexshares Trust Iboxx 3r Targt Etf |
1.72%
60,639
|
$1,595,000 | 0.48% |
| Apple Inc |
5.45%
11,022
|
$1,560,000 | 0.47% |
| Ishares Trust Micro-cap Etf |
Closed
10,094
|
$1,540,000 | |
| AT&T Inc. |
1.20%
56,459
|
$1,525,000 | 0.46% |
| Select Sector Spdr Trust Financial Etf |
Closed
40,989
|
$1,504,000 | |
| Spdr Series Trust Bloomberg Srt Tr Etf |
1.30%
54,141
|
$1,483,000 | 0.44% |
| Vanguard Ftse Emr Mkt Etf |
7.32%
27,855
|
$1,393,000 | 0.42% |
| Ishares Trust S&p Sml 600 Gwt Etf |
Opened
10,473
|
$1,362,000 | 0.41% |
| Ishares Trust Iboxx Hi Yd Etf |
1.76%
15,340
|
$1,342,000 | 0.40% |
| Select Sector Spdr Trust Sbi Materials Etf |
12.42%
16,257
|
$1,286,000 | 0.38% |
| Vaneck Etf Trust Fallen Angel High Yld Bd Ef |
20.43%
37,028
|
$1,224,000 | 0.37% |
| Ishares Trust Grwt Allocat Etf |
41.24%
20,857
|
$1,157,000 | 0.35% |
| Vanguard Energy Etf |
60.99%
13,498
|
$997,000 | 0.30% |
| Ishares Trust Modert Alloc Etf |
1.49%
19,258
|
$862,000 | 0.26% |
| Ishares Trust Conser Alloc Etf |
2.34%
21,780
|
$860,000 | 0.26% |
| Invesco Exchange Traded Self I Bulshs 2022 Cb Etf |
44.63%
39,207
|
$844,000 | 0.25% |
| Wells Fargo & Company Com |
40.24%
17,963
|
$834,000 | 0.25% |
| Spdr Series Trust Portfolio Ln Cor Etf |
34.19%
26,568
|
$833,000 | 0.25% |
| Meredith Corp Com |
0.50%
12,797
|
$713,000 | 0.21% |
| Highland Fds I Hi Ld Iboxx Srln Etf |
0.28%
43,829
|
$701,000 | 0.21% |
| Wisdomtree Trust Us Smallcap Fund Etf |
22.34%
11,889
|
$575,000 | 0.17% |
| Annaly Capital Management Inc Com Usd0.01 |
1.86%
64,399
|
$542,000 | 0.16% |
| Spdr Series Trust Portfolio S&p 400 Mid Cap Etf |
11.27%
11,663
|
$538,000 | 0.16% |
| Tapestry Inc |
Closed
11,359
|
$494,000 | |
| Freeport-McMoRan Inc |
Closed
13,053
|
$484,000 | |
| Marathon Oil Corporation Com |
Closed
34,258
|
$467,000 | |
| Devon Energy Corp Com |
Closed
15,477
|
$452,000 | |
| Kraft Heinz Co Com |
9.27%
11,125
|
$410,000 | 0.12% |
| Invesco Exchange Traded Fund T Kbw Prem Yield Etf |
7.25%
17,050
|
$395,000 | 0.12% |
| General Electric Co Com |
Closed
28,116
|
$378,000 | |
| Mp Materials Corp Com Cl A |
12.30%
11,734
|
$378,000 | 0.11% |
| Invesco Exchange Traded Self I Bulshs 2021 Hy Etf |
65.08%
15,641
|
$360,000 | 0.11% |
| Cleveland-Cliffs Inc |
Opened
17,196
|
$341,000 | 0.10% |
| Microvision Inc Washington Com |
No change
27,862
|
$308,000 | 0.09% |
| Ford Motor Co Com |
17.37%
21,173
|
$300,000 | 0.09% |
| Etf Managers Trust Etfmg Altr Hrvst |
10.42%
20,084
|
$289,000 | 0.09% |
| Invesco Exchange Traded Self I Bulshs 2025 Cb Etf |
10.18%
11,377
|
$253,000 | 0.08% |
| No transactions found | |||
| Showing first 500 out of 67 holdings | |||
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