Tower Wealth Partners 13F annual report

Tower Wealth Partners is an investment fund managing more than $160 billion ran by Darin Koss. There are currently 58 companies in Mrs. Koss’s portfolio. The largest investments include Victory Portfolios II and Spdr Ser Tr, together worth $36.2 billion.

Limited to 30 biggest holdings

$160 billion Assets Under Management (AUM)

As of 2nd August 2024, Tower Wealth Partners’s top holding is 405,459 shares of Victory Portfolios II currently worth over $18.4 billion and making up 11.5% of the portfolio value. Relative to the number of outstanding shares of Victory Portfolios II, Tower Wealth Partners owns more than approximately 0.1% of the company. In addition, the fund holds 238,243 shares of Spdr Ser Tr worth $17.8 billion. The third-largest holding is Ishares Tr worth $30.2 billion and the next is Janus Detroit Str Tr worth $13.5 billion, with 264,430 shares owned.

Currently, Tower Wealth Partners's portfolio is worth at least $160 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 Tower Wealth Partners

The Tower Wealth Partners office and employees reside in Lewisburg, Pennsylvania. According to the last 13-F report filed with the SEC, Darin Koss serves as the Chief Compliance Officer at Tower Wealth Partners.

Recent trades

In the most recent 13F filing, Tower Wealth Partners revealed that it had opened a new position in Spdr Index Shs Fds and bought 149,546 shares worth $5.28 billion.

The investment fund also strengthened its position in Victory Portfolios II by buying 8,973 additional shares. This makes their stake in Victory Portfolios II total 405,459 shares worth $18.4 billion. Victory Portfolios II soared 2.8% in the past year.

On the other hand, there are companies that Tower Wealth Partners is getting rid of from its portfolio. Tower Wealth Partners closed its position in Dbx Etf Tr on 9th August 2024. It sold the previously owned 210,132 shares for $5.03 billion. Darin Koss also disclosed a decreased stake in Ishares Tr by approximately 0.1%. This leaves the value of the investment at $30.2 billion and 410,518 shares.

One of the smallest hedge funds

The two most similar investment funds to Tower Wealth Partners are Minerva Advisors and Viawealth. They manage $160 billion and $160 billion respectively.


Darin Koss investment strategy

Tower Wealth Partners’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 3.0% of the total portfolio value. The fund focuses on investments in the United States as 50.0% 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 47% of the total holdings value. On the other hand, small-cap stocks make up only 3.4% of the portfolio. The average market cap of the portfolio companies is close to $331 billion.

The complete list of Tower Wealth Partners trades based on 13F SEC filings

These positions were updated on August 9th 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
Victory Portfolios II
2.26%
405,459
$18,424,057,000 11.52%
Spdr Ser Tr
2.61%
238,243
$17,767,681,000 11.11%
Ishares Tr
3.10%
410,518
$30,224,954,000 18.89%
Janus Detroit Str Tr
36.11%
264,430
$13,454,198,000 8.41%
Amplify Etf Tr
1.46%
333,565
$12,908,966,000 8.07%
American Centy Etf Tr
1.35%
133,459
$11,973,941,000 7.49%
First Tr Exchng Traded Fd Vi
2.51%
371,059
$10,731,026,000 6.71%
First Tr Exchange-traded Fd
17.12%
231,566
$10,584,882,000 6.62%
Spdr Index Shs Fds
Opened
149,546
$5,278,974,000 3.30%
Dbx Etf Tr
Closed
210,132
$5,027,387,000
Apple Inc
8.90%
11,675
$2,458,988,000 1.54%
First Tr Exch Traded Fd Iii
Closed
40,124
$2,060,769,000
Procter And Gamble Co
1.04%
11,809
$1,947,540,000 1.22%
Exxon Mobil Corp.
0.06%
16,193
$1,864,138,000 1.17%
Wisdomtree Tr
23.54%
69,275
$1,544,832,000 0.97%
Microsoft Corporation
12.09%
3,004
$1,342,638,000 0.84%
Home Depot, Inc.
3.27%
3,501
$1,205,184,000 0.75%
Vaneck Merk Gold Tr
7.88%
50,184
$1,127,133,000 0.70%
PPL Corp
0.33%
39,271
$1,085,842,000 0.68%
Merck Co Inc
27.05%
7,882
$975,844,000 0.61%
Proshares Tr
4.24%
12,711
$935,657,000 0.58%
Amazon.com Inc.
20.89%
4,474
$864,600,000 0.54%
Visa Inc
14.04%
2,851
$748,302,000 0.47%
Berkshire Hathaway Inc.
No change
1,528
$621,590,000 0.39%
Vanguard Index Fds
No change
2,220
$593,872,000 0.37%
Unitedhealth Group Inc
0.29%
1,047
$533,195,000 0.33%
Mcdonalds Corp
1.52%
1,941
$494,644,000 0.31%
Goldman Sachs Group, Inc.
7.41%
1,049
$474,484,000 0.30%
Chevron Corp.
21.04%
2,943
$460,344,000 0.29%
Jpmorgan Chase Co.
21.22%
2,142
$433,241,000 0.27%
Morgan Stanley Etf Trust
Opened
8,728
$432,996,000 0.27%
Verizon Communications Inc
9.43%
10,497
$432,896,000 0.27%
Oneok Inc.
0.86%
5,173
$421,855,000 0.26%
Johnson Johnson
15.38%
2,866
$418,895,000 0.26%
Ishares Tr
Closed
3,872
$400,899,000
Tri Contl Corp
1.90%
12,719
$393,900,000 0.25%
Caterpillar Inc.
10.64%
1,154
$384,397,000 0.24%
Att Inc
No change
20,001
$382,219,000 0.24%
International Business Machs
0.49%
2,031
$351,261,000 0.22%
AMGEN Inc.
41.59%
1,120
$349,944,000 0.22%
Costco Whsl Corp New
Opened
378
$321,296,000 0.20%
Honeywell International Inc
Opened
1,500
$320,310,000 0.20%
Republic Svcs Inc
23.41%
1,587
$308,418,000 0.19%
Qualcomm, Inc.
Opened
1,527
$304,148,000 0.19%
Quanta Svcs Inc
4.62%
1,088
$276,450,000 0.17%
Broadcom Inc.
3.95%
170
$272,940,000 0.17%
Walmart Inc
42.20%
4,025
$272,555,000 0.17%
Alphabet Inc
Opened
1,484
$270,311,000 0.17%
Builders Firstsource Inc
Closed
1,266
$264,024,000
Tjx Cos Inc New
Opened
2,365
$260,386,000 0.16%
Essential Utils Inc
6.77%
6,718
$250,783,000 0.16%
Automatic Data Processing In
7.26%
1,019
$243,225,000 0.15%
Abbvie Inc
15.98%
1,415
$242,701,000 0.15%
KLA Corp.
Opened
291
$239,932,000 0.15%
Weis Mkts Inc
No change
3,769
$236,580,000 0.15%
Salesforce Inc
1.49%
883
$227,019,000 0.14%
Freeport-McMoRan Inc
Opened
4,608
$223,949,000 0.14%
Watsco, Inc.
No change
483
$223,745,000 0.14%
CME Group Inc
27.82%
1,126
$221,372,000 0.14%
Deckers Outdoor Corp.
Opened
221
$213,917,000 0.13%
Cencora Inc.
Opened
927
$208,853,000 0.13%
United Parcel Service, Inc.
0.34%
1,487
$203,496,000 0.13%
No transactions found
Showing first 500 out of 62 holdings