Network Wealth Management 13F annual report

Network Wealth Management is an investment fund managing more than $263 million ran by Rod Ehrlich. There are currently 106 companies in Mr. Ehrlich’s portfolio. The largest investments include Ishares Esg Aware Msci Eafe and Vanguard Esg Us Stock, together worth $50.6 million.

Limited to 30 biggest holdings

$263 million Assets Under Management (AUM)

As of 2nd August 2024, Network Wealth Management’s top holding is 325,311 shares of Ishares Esg Aware Msci Eafe currently worth over $25.6 million and making up 9.8% of the portfolio value. In addition, the fund holds 258,213 shares of Vanguard Esg Us Stock worth $24.9 million. The third-largest holding is NVIDIA Corp worth $20.1 million and the next is Apple Inc worth $16.1 million, with 76,338 shares owned.

Currently, Network Wealth Management's portfolio is worth at least $263 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 Network Wealth Management

The Network Wealth Management office and employees reside in Draper, Utah. According to the last 13-F report filed with the SEC, Rod Ehrlich serves as the Consultant at Network Wealth Management.

Recent trades

In the most recent 13F filing, Network Wealth Management revealed that it had opened a new position in Republic Svcs Inc and bought 8,121 shares worth $1.58 million.

The investment fund also strengthened its position in Ishares Esg Aware Msci Eafe by buying 5,373 additional shares. This makes their stake in Ishares Esg Aware Msci Eafe total 325,311 shares worth $25.6 million.

On the other hand, there are companies that Network Wealth Management is getting rid of from its portfolio. Network Wealth Management closed its position in Nuveen New York Qlt Mun Inc Fd on 9th August 2024. It sold the previously owned 31,727 shares for $345 thousand. Rod Ehrlich also disclosed a decreased stake in Apple Inc by approximately 0.1%. This leaves the value of the investment at $16.1 million and 76,338 shares.

One of the smallest hedge funds

The two most similar investment funds to Network Wealth Management are Aquamarine Zurich Ag and Hm Capital Management. They manage $263 million and $263 million respectively.


Rod Ehrlich investment strategy

Network Wealth Management’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up 14.0% of the total portfolio value. The fund focuses on investments in the United States as 25.5% 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 24% of the total holdings value. On the other hand, small-cap stocks make up only 0.9% of the portfolio. The average market cap of the portfolio companies is close to $267 billion.

The complete list of Network Wealth Management 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
Ishares Esg Aware Msci Eafe
1.68%
325,311
$25,628,000 9.76%
Vanguard Esg Us Stock
0.72%
258,213
$24,948,000 9.50%
NVIDIA Corp
833.47%
162,555
$20,082,000 7.65%
Apple Inc
0.98%
76,338
$16,078,000 6.12%
Ishares Esg Aware Us Aggregate Bond
4.34%
328,686
$15,320,000 5.84%
Microsoft Corporation
0.18%
33,835
$15,122,000 5.76%
Invesco Qqq Trust Series I
0.11%
26,212
$12,578,000 4.79%
Flexshares Stoxx Us Esg Select Index
0.47%
82,562
$10,591,000 4.03%
Spdr Sandp 500 Esg
6.86%
177,184
$9,408,000 3.58%
Flexshares Core Select Bond Core Bond
1.90%
371,571
$8,137,000 3.10%
Spdr Portfolio Sandp 500 Value
1.35%
136,415
$6,648,000 2.53%
Ishares Core Sandp 500
0.59%
9,525
$5,212,000 1.99%
Ishares Core Sandp Small Cap
0.05%
35,746
$3,812,000 1.45%
Ishares Msci Usa Esg Select
3.82%
33,792
$3,797,000 1.45%
Ishares Esg Advanced High Yield Corp
3.58%
81,390
$3,676,000 1.40%
Nuveen Esg Us Aggregate Bond
0.32%
145,319
$3,170,000 1.21%
Ishares Core Msci Total Intl Stock
0.10%
44,198
$2,986,000 1.14%
Ishares U.s. Treasury Bond
5.79%
130,906
$2,954,000 1.13%
Costco Whsl Corp New
0.10%
2,905
$2,469,000 0.94%
Vanguard Sandp 500
0.11%
4,724
$2,371,000 0.90%
Vanguard Growth
0.02%
6,234
$2,334,000 0.89%
Spdr Sandp 500 Trust
8.23%
4,169
$2,276,000 0.87%
First Trust Value Line Dividend Index
0.28%
55,048
$2,243,000 0.85%
Flexshares High Yield Value Scored Bond
1.97%
55,327
$2,235,000 0.85%
Vanguard Total Intl Stock
0.67%
35,071
$2,114,000 0.81%
Norfolk Southn Corp
No change
9,586
$2,058,000 0.78%
Vanguard Esg Intl Stock
0.36%
35,447
$2,030,000 0.77%
Ishares Core U.s. Aggregate Bond
0.50%
20,732
$2,012,000 0.77%
Ishares Short Term National Muni Bond
No change
15,362
$1,606,000 0.61%
Republic Svcs Inc
Opened
8,121
$1,578,000 0.60%
Lowes Cos Inc
Opened
7,109
$1,567,000 0.60%
Berkshire Hathaway Inc Del Cl B New
Opened
3,791
$1,542,000 0.59%
Unitedhealth Group Inc
Opened
3,021
$1,538,000 0.59%
Spdr Gold Shares
Opened
6,697
$1,439,000 0.55%
Visa Inc
Opened
5,381
$1,412,000 0.54%
Spdr Sandp Midcap 400 Trust
Opened
2,500
$1,342,000 0.51%
Nuveen Esg Mid Cap Growth
0.61%
32,046
$1,339,000 0.51%
Jpmorgan Municipal
No change
26,362
$1,327,000 0.51%
Netflix Inc.
Opened
1,957
$1,320,000 0.50%
Union Pac Corp
Opened
5,800
$1,312,000 0.50%
Home Depot, Inc.
Opened
3,508
$1,207,000 0.46%
Ishares National Muni Bond
1.22%
11,299
$1,203,000 0.46%
Spdr Nuveen Bloomberg Municipal Bond
No change
24,729
$1,131,000 0.43%
Thermo Fisher Scientific Inc.
Opened
2,033
$1,125,000 0.43%
Fair Isaac Corp.
Opened
750
$1,116,000 0.43%
Vanguard Tax Exempt Bond
No change
21,674
$1,086,000 0.41%
Ishares U.s. Technology
Opened
6,667
$1,003,000 0.38%
Waste Mgmt Inc Del
Opened
4,590
$979,000 0.37%
Vanguard Ftse Developed Markets
4.25%
19,709
$974,000 0.37%
Vanguard Value
Opened
5,495
$887,000 0.34%
Amazon Inc
Opened
4,440
$858,000 0.33%
Vanguard Intermediate Term Treasury
0.61%
12,161
$708,000 0.27%
First Solar Inc
Opened
3,036
$684,000 0.26%
Nuveen Esg High Yield Corp Bond
0.15%
32,673
$683,000 0.26%
Jpmorgan Betabuilders U.s. Equity
Opened
6,858
$672,000 0.26%
Exxon Mobil Corp.
Opened
5,800
$667,000 0.25%
Ishares Core Dividend Growth
No change
11,374
$655,000 0.25%
Vanguard Dividend Appreciation
Opened
3,501
$642,000 0.24%
Ishares Core Sandp Mid Cap
0.98%
10,776
$630,000 0.24%
Vanguard Small Cap
Opened
2,868
$627,000 0.24%
Ishares Msci Usa Quality Factor
Opened
3,427
$585,000 0.22%
Alphabet Inc Cap Stk Cl C
Opened
3,160
$579,000 0.22%
Applied Matls Inc
Opened
2,300
$542,000 0.21%
Procter And Gamble Co
Opened
3,176
$523,000 0.20%
United Rentals, Inc.
Opened
800
$517,000 0.20%
Ishares Russell 1000 Growth
Opened
1,405
$512,000 0.20%
Ishares Iboxx High Yield Corp Bond
Opened
6,317
$487,000 0.19%
Vanguard Mid Cap
Opened
1,979
$480,000 0.18%
Ishares Core High Dividend
Opened
4,322
$469,000 0.18%
CSX Corp.
No change
12,300
$411,000 0.16%
Zimmer Biomet Holdings Inc
Opened
3,755
$408,000 0.16%
Ishares Core Msci Eafe
Opened
5,528
$401,000 0.15%
Dominion Energy Inc
Opened
7,417
$363,000 0.14%
Kemper Corp
Opened
6,084
$360,000 0.14%
Curtiss-Wright Corp.
Opened
1,316
$356,000 0.14%
Sandp Global Inc
Opened
800
$356,000 0.14%
Vanguard High Dividend Yield Index
Opened
2,955
$350,000 0.13%
Alphabet Inc Cap Stk Cl A
Opened
1,900
$346,000 0.13%
Nuveen New York Qlt Mun Inc Fd
Closed
31,727
$345,000
Ishares Msci Eafe
Opened
4,297
$336,000 0.13%
Vanguard Intermediate Term Bond
Opened
4,473
$334,000 0.13%
Verizonmunications Inc
Opened
7,924
$326,000 0.12%
Adobe Inc
Opened
583
$323,000 0.12%
Vanguard Ftse All World Ex Us Index
Opened
5,454
$319,000 0.12%
AMGEN Inc.
Opened
1,012
$316,000 0.12%
Target Corp
Opened
2,036
$301,000 0.11%
Vanguard Real Estate
Opened
3,551
$301,000 0.11%
Johnson And Johnson
Opened
1,957
$286,000 0.11%
Ishares Russell 1000
Opened
951
$282,000 0.11%
Teledyne Technologies Inc
Opened
681
$264,000 0.10%
Invesco Solar
Opened
6,536
$262,000 0.10%
Ishares Currency Hedged Msci Eurozone
Opened
7,196
$261,000 0.10%
Tetra Tech, Inc.
Opened
1,256
$256,000 0.10%
Chipotle Mexican Grill
Opened
4,000
$250,000 0.10%
Colgate-Palmolive Co.
Opened
2,525
$245,000 0.09%
Cisco Sys Inc
Opened
5,100
$242,000 0.09%
Jpmorgan Betabuilders Intl Equity
Opened
4,071
$240,000 0.09%
iShares Preferred and Income Securities ETF
Opened
7,498
$236,000 0.09%
Vanguard Ftse Emerging Markets
Opened
5,323
$232,000 0.09%
T-Mobile US Inc
Opened
1,299
$228,000 0.09%
Vanguard Total Stock Market
Opened
841
$225,000 0.09%
Vanguard Ultra Short Bond
Opened
4,501
$222,000 0.08%
Xylem Inc
Opened
1,600
$217,000 0.08%
Comcast Corp New Cl A
Opened
5,533
$216,000 0.08%
GE Aerospace
Opened
1,337
$212,000 0.08%
Salesforce Inc
Opened
816
$209,000 0.08%
Vanguard Short Term Bond
Opened
2,728
$209,000 0.08%
Putnam Mun Opptns Tr Sh Ben Int
Closed
10,401
$103,000
Lloyds Banking Group Plc Adr
Closed
14,840
$39,000
No transactions found
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