Firethorn Wealth Partners 13F annual report
Firethorn Wealth Partners is an investment fund managing more than $177 billion ran by Melinda Mcree. There are currently 90 companies in Mrs. Mcree’s portfolio. The largest investments include Dimensional Etf Trust and Ishares Tr, together worth $94.5 billion.
$177 billion Assets Under Management (AUM)
As of 18th July 2024, Firethorn Wealth Partners’s top holding is 1,158,866 shares of Dimensional Etf Trust currently worth over $37.4 billion and making up 21.1% of the portfolio value.
In addition, the fund holds 560,629 shares of Ishares Tr worth $57.1 billion.
The third-largest holding is Spdr Ser Tr worth $11.5 billion and the next is Blackrock Etf Trust worth $6.31 billion, with 134,524 shares owned.
Currently, Firethorn Wealth Partners's portfolio is worth at least $177 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 Firethorn Wealth Partners
The Firethorn Wealth Partners office and employees reside in Augusta, Georgia. According to the last 13-F report filed with the SEC, Melinda Mcree serves as the CCO at Firethorn Wealth Partners.
Recent trades
In the most recent 13F filing, Firethorn Wealth Partners revealed that it had opened a new position in
Lockheed Martin and bought 696 shares worth $325 million.
This means they effectively own approximately 0.1% of the company.
Lockheed Martin makes up
10.3%
of the fund's Industrials sector allocation and has grown its share price by 4.6% in the past year.
The investment fund also strengthened its position in Dimensional Etf Trust by buying
40,131 additional shares.
This makes their stake in Dimensional Etf Trust total 1,158,866 shares worth $37.4 billion.
On the other hand, there are companies that Firethorn Wealth Partners is getting rid of from its portfolio.
Firethorn Wealth Partners closed its position in Ishares Tr on 25th July 2024.
It sold the previously owned 13,339 shares for $573 million.
Melinda Mcree also disclosed a decreased stake in Spdr Ser Tr by 0.2%.
This leaves the value of the investment at $11.5 billion and 176,598 shares.
One of the smallest hedge funds
The two most similar investment funds to Firethorn Wealth Partners are Crown Oak Advisors and Luken Investment Analytics. They manage $177 billion and $177 billion respectively.
Melinda Mcree investment strategy
Firethorn Wealth Partners’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 5.2% of
the total portfolio value.
The fund focuses on investments in the United States as
42.2% 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
38% of the total holdings value.
On the other hand, small-cap stocks make up only 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $275 billion.
The complete list of Firethorn Wealth Partners trades based on 13F SEC filings
These positions were updated on July 25th 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 |
|---|---|---|---|
| Dimensional Etf Trust |
3.59%
1,158,866
|
$37,380,621,000 | 21.12% |
| Ishares Tr |
2.26%
560,629
|
$57,107,002,000 | 32.27% |
| Spdr Ser Tr |
19.80%
176,598
|
$11,537,349,000 | 6.52% |
| Blackrock Etf Trust |
40.09%
134,524
|
$6,314,540,000 | 3.57% |
| Apple Inc |
0.14%
25,016
|
$5,268,843,000 | 2.98% |
| Microsoft Corporation |
0.36%
9,136
|
$4,083,327,000 | 2.31% |
| Schwab Strategic Tr |
3.57%
75,689
|
$3,757,997,000 | 2.12% |
| Ishares Inc |
26.12%
73,959
|
$4,185,882,000 | 2.37% |
| Berkshire Hathaway Inc. |
0.46%
5,678
|
$2,309,810,000 | 1.31% |
| Amazon.com Inc. |
1.57%
11,327
|
$2,188,943,000 | 1.24% |
| Alphabet Inc |
0.66%
12,744
|
$2,325,537,000 | 1.31% |
| SoFi Technologies, Inc. |
48.09%
254,680
|
$1,683,435,000 | 0.95% |
| CSX Corp. |
0.86%
49,712
|
$1,662,861,000 | 0.94% |
| Vanguard Mun Bd Fds |
1.94%
24,119
|
$1,208,620,000 | 0.68% |
| Victory Portfolios II |
4.67%
31,537
|
$1,178,228,000 | 0.67% |
| Exxon Mobil Corp. |
0.41%
9,994
|
$1,150,507,000 | 0.65% |
| J P Morgan Exchange Traded F |
5.69%
29,531
|
$2,190,525,000 | 1.24% |
| Johnson Johnson |
8.15%
6,336
|
$926,140,000 | 0.52% |
| Blackrock Etf Trust Ii |
32.92%
17,581
|
$917,748,000 | 0.52% |
| Agnc Invt Corp |
26.11%
93,955
|
$896,332,000 | 0.51% |
| Hubbell Inc. |
No change
2,325
|
$849,741,000 | 0.48% |
| Procter And Gamble Co |
0.39%
5,137
|
$847,172,000 | 0.48% |
| The Southern Co. |
0.80%
10,558
|
$818,982,000 | 0.46% |
| Aflac Inc. |
0.55%
8,697
|
$776,689,000 | 0.44% |
| Eli Lilly Co |
0.35%
852
|
$771,390,000 | 0.44% |
| Stock Yds Bancorp Inc |
No change
15,482
|
$768,991,000 | 0.43% |
| F.N.B. Corp. |
0.18%
56,096
|
$767,393,000 | 0.43% |
| Kkr Co Inc |
6.16%
6,934
|
$729,722,000 | 0.41% |
| Bank America Corp |
2.38%
17,447
|
$693,858,000 | 0.39% |
| Chevron Corp. |
7.34%
4,035
|
$631,199,000 | 0.36% |
| NVIDIA Corp |
892.16%
5,060
|
$625,153,000 | 0.35% |
| Caterpillar Inc. |
0.27%
1,842
|
$613,439,000 | 0.35% |
| Annaly Capital Management In |
8.67%
31,351
|
$597,552,000 | 0.34% |
| Starboard Invt Tr |
3.21%
21,292
|
$593,561,000 | 0.34% |
| Home Depot, Inc. |
0.23%
1,715
|
$590,379,000 | 0.33% |
| Walmart Inc |
3.51%
8,663
|
$586,558,000 | 0.33% |
| Coca-Cola Co |
8.88%
9,200
|
$585,595,000 | 0.33% |
| Mastercard Incorporated |
4.53%
1,314
|
$579,837,000 | 0.33% |
| Ishares Tr |
Closed
13,339
|
$572,905,000 | |
| Jpmorgan Chase Co. |
0.88%
2,813
|
$568,878,000 | 0.32% |
| Global X Fds |
0.29%
8,673
|
$567,236,000 | 0.32% |
| RTX Corp |
0.32%
5,390
|
$541,071,000 | 0.31% |
| Duke Energy Corp. |
8.53%
5,351
|
$536,305,000 | 0.30% |
| Meta Platforms Inc |
0.76%
1,056
|
$532,243,000 | 0.30% |
| Eaton Corp Plc |
1.02%
1,655
|
$518,969,000 | 0.29% |
| Lowes Cos Inc |
0.34%
2,068
|
$455,830,000 | 0.26% |
| Abbvie Inc |
7.27%
2,655
|
$455,325,000 | 0.26% |
| Icahn Enterprises Lp |
41.65%
25,192
|
$415,165,000 | 0.23% |
| Federated Hermes Etf Trust |
2.76%
16,401
|
$406,427,000 | 0.23% |
| ServisFirst Bancshares Inc |
No change
6,184
|
$390,755,000 | 0.22% |
| Broadcom Inc |
0.41%
242
|
$388,701,000 | 0.22% |
| Visa Inc |
2.00%
1,476
|
$387,434,000 | 0.22% |
| Invesco Mortgage Capital Inc |
10.13%
40,060
|
$375,366,000 | 0.21% |
| Brookfield Corp |
4.16%
8,496
|
$352,906,000 | 0.20% |
| Chubb Limited |
3.27%
1,296
|
$330,620,000 | 0.19% |
| Cadence Bank |
0.47%
11,542
|
$326,411,000 | 0.18% |
| Lockheed Martin Corp. |
Opened
696
|
$325,180,000 | 0.18% |
| Kimberly-Clark Corp. |
0.81%
2,352
|
$325,046,000 | 0.18% |
| Disney Walt Co |
6.74%
3,266
|
$324,323,000 | 0.18% |
| Starwood Ppty Tr Inc |
1.05%
16,979
|
$321,577,000 | 0.18% |
| Qualcomm, Inc. |
0.19%
1,612
|
$321,100,000 | 0.18% |
| Spdr Index Shs Fds |
1.87%
9,150
|
$320,998,000 | 0.18% |
| Cisco Sys Inc |
37.49%
6,630
|
$314,999,000 | 0.18% |
| Ppg Inds Inc |
0.20%
2,485
|
$312,837,000 | 0.18% |
| Costco Whsl Corp New |
13.50%
346
|
$294,296,000 | 0.17% |
| Altria Group Inc. |
1.63%
6,187
|
$281,825,000 | 0.16% |
| J P Morgan Exchange Traded F |
Opened
4,538
|
$274,095,000 | 0.15% |
| Steris Plc |
No change
1,243
|
$272,888,000 | 0.15% |
| Equity Residential |
0.49%
3,907
|
$270,902,000 | 0.15% |
| Dimensional Etf Trust |
Opened
12,602
|
$478,065,000 | 0.27% |
| Mcdonalds Corp |
1.89%
985
|
$251,023,000 | 0.14% |
| Accenture Plc Ireland |
1.11%
819
|
$248,432,000 | 0.14% |
| SouthState Corporation |
16.70%
3,208
|
$245,139,000 | 0.14% |
| Vanguard Index Fds |
No change
911
|
$243,702,000 | 0.14% |
| Spdr Sp 500 Etf Tr |
Opened
446
|
$242,911,000 | 0.14% |
| Doubleline Etf Trust |
2.19%
5,275
|
$239,488,000 | 0.14% |
| Verizon Communications Inc |
10.07%
5,797
|
$239,080,000 | 0.14% |
| Select Sector Spdr Tr |
Opened
1,040
|
$235,213,000 | 0.13% |
| Intel Corp. |
Closed
5,232
|
$231,088,000 | |
| Northrop Grumman Corp. |
Closed
471
|
$225,618,000 | |
| Berkley W R Corp |
4.20%
2,852
|
$224,121,000 | 0.13% |
| Merck Co Inc |
14.88%
1,745
|
$216,026,000 | 0.12% |
| Oneok Inc. |
5.40%
2,643
|
$215,519,000 | 0.12% |
| Angel Oak Funds Trust |
Opened
10,394
|
$214,110,000 | 0.12% |
| Emerson Elec Co |
2.28%
1,926
|
$212,133,000 | 0.12% |
| Firstenergy Corp. |
0.53%
5,349
|
$204,692,000 | 0.12% |
| AMGEN Inc. |
Opened
641
|
$200,398,000 | 0.11% |
| Deere Co |
Closed
487
|
$200,030,000 | |
| Cornerstone Total Return Fd |
4.11%
25,369
|
$199,146,000 | 0.11% |
| Mfa Finl Inc |
Closed
14,823
|
$169,126,000 | |
| Inflection Pt Acquisitn Crp |
Closed
15,120
|
$158,231,000 | |
| Rivian Automotive, Inc. |
Opened
10,978
|
$147,325,000 | 0.08% |
| Pennantpark Floating Rate Ca |
2.73%
12,664
|
$146,137,000 | 0.08% |
| Ares Acquisition Corp Ii |
29.36%
12,309
|
$131,337,000 | 0.07% |
| Nabors Energy Transition Cor |
17.13%
11,370
|
$119,726,000 | 0.07% |
| Concord Acquisition Corp Ii |
Closed
10,602
|
$111,480,000 | |
| Cornerstone Strategic Value |
4.37%
14,415
|
$110,998,000 | 0.06% |
| Haymaker Acquisition Corp Iv |
Closed
10,090
|
$105,138,000 | |
| Gray Television, Inc. |
Closed
13,780
|
$87,092,000 | |
| No transactions found | |||
| Showing first 500 out of 99 holdings | |||
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