Midwest Heritage Bank, Fsb 13F annual report

Midwest Heritage Bank, Fsb is an investment fund managing more than $198 billion ran by Matthew Watters. There are currently 35 companies in Mr. Watters’s portfolio. The largest investments include Dimensional Etf Trust and Capital Group Core Equity Et, together worth $100 billion.

Limited to 30 biggest holdings

$198 billion Assets Under Management (AUM)

As of 10th July 2024, Midwest Heritage Bank, Fsb’s top holding is 2,211,152 shares of Dimensional Etf Trust currently worth over $74.7 billion and making up 37.7% of the portfolio value. In addition, the fund holds 800,030 shares of Capital Group Core Equity Et worth $25.8 billion. The third-largest holding is Capital Grp Fixed Incm Etf T worth $15.9 billion and the next is Capital Group Dividend Value worth $14.6 billion, with 441,981 shares owned.

Currently, Midwest Heritage Bank, Fsb's portfolio is worth at least $198 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 Midwest Heritage Bank, Fsb

The Midwest Heritage Bank, Fsb office and employees reside in West Des Moines, Iowa. According to the last 13-F report filed with the SEC, Matthew Watters serves as the President & CCO at Midwest Heritage Bank, Fsb.

Recent trades

In the most recent 13F filing, Midwest Heritage Bank, Fsb revealed that it had opened a new position in Capital Grp Fixed Incm Etf T and bought 14,724 shares worth $395 million.

The investment fund also strengthened its position in Dimensional Etf Trust by buying 564,846 additional shares. This makes their stake in Dimensional Etf Trust total 2,211,152 shares worth $74.7 billion.

On the other hand, there are companies that Midwest Heritage Bank, Fsb is getting rid of from its portfolio. Midwest Heritage Bank, Fsb closed its position in Spdr Ser Tr on 17th July 2024. It sold the previously owned 12,222 shares for $587 million. Matthew Watters also disclosed a decreased stake in First Tr Lrg Cp Vl Alphadex by 0.2%. This leaves the value of the investment at $13.8 billion and 187,638 shares.

One of the smallest hedge funds

The two most similar investment funds to Midwest Heritage Bank, Fsb are Foresite Capital Management Iv and Collaborative Wealth Managment. They manage $198 billion and $198 billion respectively.

Matthew Watters investment strategy

Midwest Heritage Bank, Fsb’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Energy — making up 0.5% of the total portfolio value. The fund focuses on investments in the United States as 25.7% 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 20% of the total holdings value. On the other hand, small-cap stocks make up only 5.7% of the portfolio. The average market cap of the portfolio companies is close to $269 billion.

The complete list of Midwest Heritage Bank, Fsb trades based on 13F SEC filings

These positions were updated on July 17th 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	34.31% 2,211,152	$74,692,181,000	37.74%
Capital Group Core Equity Et	29.07% 800,030	$25,800,972,000	13.04%
Capital Grp Fixed Incm Etf T	51.63% 716,640	$15,923,730,000	8.05%
Capital Group Dividend Value	220.83% 441,981	$14,585,365,000	7.37%
First Tr Lrg Cp Vl Alphadex	21.68% 187,638	$13,810,189,000	6.98%
Spdr Ser Tr	3.40% 113,141	$7,241,050,000	3.66%
Ishares Tr	14.18% 166,881	$15,027,857,000	7.59%
First Tr Exchange-traded Fd	24.37% 121,430	$5,550,553,000	2.80%
Capital Group Growth Etf	62.21% 157,897	$5,193,232,000	2.62%
American Centy Etf Tr	6.17% 65,244	$5,857,574,000	2.96%
First Tr Exch Traded Fd Iii	26.14% 274,222	$4,760,491,000	2.41%
Vanguard Index Fds	0.17% 2,406	$1,203,490,000	0.61%
John Hancock Exchange Traded	15.59% 31,375	$1,161,520,000	0.59%
Schwab Strategic Tr	18.85% 13,079	$596,129,000	0.30%
Eli Lilly & Co	No change 601	$544,133,000	0.27%
Exxon Mobil Corp.	6.93% 4,428	$509,733,000	0.26%
Ecolab, Inc.	1.72% 2,059	$490,153,000	0.25%
Fidelity Covington Trust	8.38% 2,679	$459,508,000	0.23%
Amazon.com Inc.	33.83% 2,168	$418,966,000	0.21%
Chevron Corp.	16.01% 2,630	$411,319,000	0.21%
Altria Group Inc.	8.45% 9,025	$411,075,000	0.21%
Capital Grp Fixed Incm Etf T	Opened 14,724	$395,341,000	0.20%
Spdr Ser Tr	Closed 12,222	$587,131,000
Apple Inc	20.66% 1,495	$314,957,000	0.16%
Blackrock Etf Trust	Opened 6,492	$304,734,000	0.15%
AT&T Inc.	10.95% 15,721	$300,428,000	0.15%
Ishares Inc	0.21% 5,271	$282,142,000	0.14%
Ishares Tr	Closed 3,579	$279,269,000
Blackrock Utils Infrastructu	8.96% 12,137	$268,835,000	0.14%
Blackrock Multi Sector Inc T	6.84% 17,851	$260,268,000	0.13%
Select Sector Spdr Tr	8.00% 2,796	$254,871,000	0.13%
Ishares Tr	Opened 2,479	$227,501,000	0.11%
Schwab Strategic Tr	Closed 4,276	$206,873,000
American Centy Etf Tr	Opened 3,277	$204,026,000	0.10%
Vodafone Group plc	3.74% 18,043	$160,041,000	0.08%
Nuveen Select Tax-free Incom	31.10% 11,010	$159,538,000	0.08%
Ford Mtr Co Del	Closed 11,345	$138,299,000
Ready Capital Corp	Opened 11,612	$94,985,000	0.05%
Lumen Technologies, Inc.	Opened 11,289	$12,418,000	0.01%
No transactions found
Showing first 500 out of 39 holdings