Catalyst Wealth Management 13F annual report
Catalyst Wealth Management is an investment fund managing more than $106 billion ran by David Pierce. There are currently 98 companies in Mr. Pierce’s portfolio. The largest investments include Apple Inc and Microsoft, together worth $6.2 billion.
$106 billion Assets Under Management (AUM)
As of 4th April 2023, Catalyst Wealth Management’s top holding is 19,721 shares of Apple Inc currently worth over $3.25 billion and making up 3.1% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Catalyst Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 10,229 shares of Microsoft worth $2.95 billion, whose value grew 28.4% in the past six months.
The third-largest holding is First Tr Value Line Divid In worth $2.56 billion and the next is First Tr Exchange-traded Fd worth $7.28 billion, with 131,764 shares owned.
Currently, Catalyst Wealth Management's portfolio is worth at least $106 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 Catalyst Wealth Management
The Catalyst Wealth Management office and employees reside in Atlanta, Georgia. According to the last 13-F report filed with the SEC, David Pierce serves as the Chief Compliance Officer at Catalyst Wealth Management.
Recent trades
In the most recent 13F filing, Catalyst Wealth Management revealed that it had opened a new position in
Ishares Tr and bought 10,449 shares worth $1.09 billion.
The investment fund also strengthened its position in Apple Inc by buying
731 additional shares.
This makes their stake in Apple Inc total 19,721 shares worth $3.25 billion.
Apple Inc dropped 2.2% in the past year.
On the other hand, there are companies that Catalyst Wealth Management is getting rid of from its portfolio.
Catalyst Wealth Management closed its position in Pimco Etf Tr on 11th April 2023.
It sold the previously owned 13,509 shares for $674 million.
David Pierce also disclosed a decreased stake in First Tr Value Line Divid In by 0.2%.
This leaves the value of the investment at $2.56 billion and 63,850 shares.
One of the smaller hedge funds
The two most similar investment funds to Catalyst Wealth Management are Finer Wealth Management and Crown Wealth. They manage $106 billion and $106 billion respectively.
David Pierce investment strategy
Catalyst Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 8.0% of
the total portfolio value.
The fund focuses on investments in the United States as
43.9% 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 1.0% of the portfolio.
The average market cap of the portfolio companies is close to $260 billion.
The complete list of Catalyst Wealth Management trades based on 13F SEC filings
These positions were updated on April 11th 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 |
|---|---|---|---|
| Apple Inc |
3.85%
19,721
|
$3,251,923,000 | 3.06% |
| Microsoft Corporation |
1.95%
10,229
|
$2,948,889,000 | 2.77% |
| First Tr Value Line Divid In |
22.07%
63,850
|
$2,564,216,000 | 2.41% |
| First Tr Exchange-traded Fd |
28.91%
131,764
|
$7,279,332,000 | 6.84% |
| Pacer Fds Tr |
0.19%
44,801
|
$2,103,407,000 | 1.98% |
| Select Sector Spdr Tr |
2.00%
78,537
|
$4,436,243,000 | 4.17% |
| First Tr Exchng Traded Fd Vi |
8.53%
94,632
|
$1,933,332,000 | 1.82% |
| Mastercard Incorporated |
3.04%
5,017
|
$1,823,184,000 | 1.71% |
| First Tr Exchange Trad Fd Vi |
4.47%
78,293
|
$2,217,984,000 | 2.08% |
| Accenture Plc Ireland |
3.87%
6,195
|
$1,770,556,000 | 1.66% |
| Pepsico Inc |
3.14%
9,517
|
$1,735,020,000 | 1.63% |
| Texas Instrs Inc |
3.60%
8,898
|
$1,655,074,000 | 1.55% |
| Walmart Inc |
3.89%
11,200
|
$1,651,378,000 | 1.55% |
| Procter And Gamble Co |
4.37%
10,663
|
$1,585,545,000 | 1.49% |
| Goldman Sachs Group, Inc. |
4.16%
4,777
|
$1,562,693,000 | 1.47% |
| First Tr Exchange Traded Fd |
14.68%
14,159
|
$1,522,517,000 | 1.43% |
| General Dynamics Corp. |
1.08%
6,549
|
$1,494,554,000 | 1.40% |
| NVIDIA Corp |
1.09%
5,361
|
$1,488,986,000 | 1.40% |
| Aflac Inc. |
3.33%
22,793
|
$1,470,586,000 | 1.38% |
| Omnicom Group, Inc. |
3.49%
15,465
|
$1,458,945,000 | 1.37% |
| Chubb Limited |
7.76%
7,472
|
$1,450,878,000 | 1.36% |
| Matthews Asia Fds |
61.76%
58,415
|
$1,446,052,000 | 1.36% |
| Union Pac Corp |
6.42%
6,862
|
$1,381,058,000 | 1.30% |
| First Tr High Yield Opprt 20 |
12.27%
96,023
|
$1,340,477,000 | 1.26% |
| International Business Machs |
5.87%
10,159
|
$1,331,739,000 | 1.25% |
| Johnson & Johnson |
5.91%
8,582
|
$1,330,231,000 | 1.25% |
| Air Prods & Chems Inc |
6.10%
4,519
|
$1,298,015,000 | 1.22% |
| Honeywell International Inc |
4.52%
6,775
|
$1,294,899,000 | 1.22% |
| State Str Corp |
4.08%
16,770
|
$1,269,356,000 | 1.19% |
| Sysco Corp. |
4.39%
16,116
|
$1,244,629,000 | 1.17% |
| Nike, Inc. |
7.41%
10,080
|
$1,236,251,000 | 1.16% |
| Abbott Labs |
5.04%
11,802
|
$1,195,092,000 | 1.12% |
| S&P Global Inc |
5.32%
3,444
|
$1,187,409,000 | 1.12% |
| First Tr Exch Trd Alphdx Fd |
19.45%
23,395
|
$1,185,893,000 | 1.11% |
| Becton Dickinson & Co |
5.40%
4,726
|
$1,169,791,000 | 1.10% |
| L3Harris Technologies Inc |
2.16%
5,730
|
$1,124,547,000 | 1.06% |
| Medtronic Plc |
9.03%
13,479
|
$1,086,657,000 | 1.02% |
| Vanguard Index Fds |
14.64%
7,619
|
$1,720,086,000 | 1.62% |
| Spdr Ser Tr |
0.21%
73,509
|
$4,072,244,000 | 3.83% |
| Cummins Inc. |
6.11%
4,464
|
$1,066,367,000 | 1.00% |
| Dominion Energy Inc |
10.64%
19,016
|
$1,063,198,000 | 1.00% |
| Garmin Ltd |
7.53%
10,292
|
$1,038,714,000 | 0.98% |
| Ross Stores, Inc. |
8.62%
9,665
|
$1,025,793,000 | 0.96% |
| Corning, Inc. |
6.75%
29,024
|
$1,023,981,000 | 0.96% |
| American Wtr Wks Co Inc New |
21.53%
6,067
|
$888,783,000 | 0.83% |
| Ishares Tr |
6.41%
19,127
|
$2,199,502,000 | 2.07% |
| NextEra Energy Inc |
26.68%
11,201
|
$863,387,000 | 0.81% |
| Alphabet Inc |
2.17%
7,872
|
$816,563,000 | 0.77% |
| Home Depot, Inc. |
2.41%
2,673
|
$788,856,000 | 0.74% |
| American Elec Pwr Co Inc |
28.70%
8,336
|
$758,479,000 | 0.71% |
| Thermo Fisher Scientific Inc. |
0.15%
1,314
|
$757,350,000 | 0.71% |
| Xcel Energy Inc. |
28.40%
11,155
|
$752,289,000 | 0.71% |
| The Southern Co. |
33.77%
10,754
|
$748,280,000 | 0.70% |
| Eaton Corp Plc |
21.63%
4,364
|
$747,728,000 | 0.70% |
| Atmos Energy Corp. |
26.60%
6,501
|
$730,473,000 | 0.69% |
| Goldman Sachs Etf Tr |
10.97%
8,776
|
$712,787,000 | 0.67% |
| Pinnacle West Cap Corp |
30.49%
8,906
|
$705,728,000 | 0.66% |
| Duke Energy Corp. |
30.91%
7,288
|
$703,061,000 | 0.66% |
| ABB Ltd. |
25.47%
20,140
|
$690,802,000 | 0.65% |
| Owl Rock Capital Corp |
129.23%
53,834
|
$678,851,000 | 0.64% |
| Pimco Etf Tr |
Closed
13,509
|
$673,694,000 | |
| Spdr Index Shs Fds |
6.96%
18,686
|
$600,195,000 | 0.56% |
| Ishares Tr |
Opened
10,449
|
$1,086,122,000 | 1.02% |
| Chevron Corp. |
0.98%
3,494
|
$570,081,000 | 0.54% |
| Adobe Systems Incorporated |
0.85%
1,422
|
$547,996,000 | 0.51% |
| VanEck ETF Trust |
11.45%
17,848
|
$500,087,000 | 0.47% |
| Prologis Inc |
8.50%
3,930
|
$490,346,000 | 0.46% |
| Tesla Inc |
2.63%
2,260
|
$468,860,000 | 0.44% |
| Zoetis Inc |
No change
2,815
|
$468,565,000 | 0.44% |
| Invesco Exchange Traded Fd T |
5.49%
11,449
|
$853,807,000 | 0.80% |
| J P Morgan Exchange Traded F |
14.19%
12,927
|
$440,294,000 | 0.41% |
| Camden Ppty Tr |
47.58%
3,849
|
$403,529,000 | 0.38% |
| Invesco Exch Traded Fd Tr Ii |
10.55%
20,841
|
$382,641,000 | 0.36% |
| Merck & Co Inc |
Closed
3,414
|
$378,783,000 | |
| Abbvie Inc |
Closed
2,341
|
$378,329,000 | |
| Unitedhealth Group Inc |
1.55%
785
|
$370,983,000 | 0.35% |
| Lowes Cos Inc |
10.94%
1,831
|
$366,145,000 | 0.34% |
| Edwards Lifesciences Corp |
0.02%
4,336
|
$358,717,000 | 0.34% |
| Crown Castle Inc |
9.07%
2,677
|
$358,290,000 | 0.34% |
| Gilead Sciences, Inc. |
Closed
4,146
|
$355,934,000 | |
| Bny Mellon Etf Trust |
12.45%
7,204
|
$335,196,000 | 0.31% |
| Schwab Strategic Tr |
17.67%
10,668
|
$333,588,000 | 0.31% |
| Eog Res Inc |
3.98%
2,902
|
$332,656,000 | 0.31% |
| Costco Whsl Corp New |
12.62%
651
|
$323,462,000 | 0.30% |
| Berkshire Hathaway Inc. |
0.39%
1,024
|
$316,180,000 | 0.30% |
| Ssga Active Etf Tr |
5.42%
12,876
|
$530,612,000 | 0.50% |
| Spdr S&p 500 Etf Tr |
59.27%
738
|
$302,130,000 | 0.28% |
| Select Sector Spdr Tr |
Closed
2,222
|
$301,859,000 | |
| Visa Inc |
0.32%
1,266
|
$285,432,000 | 0.27% |
| Amazon.com Inc. |
3.10%
2,627
|
$271,343,000 | 0.25% |
| Pimco Etf Tr |
18.29%
2,923
|
$271,123,000 | 0.25% |
| First Tr Exchange Traded Fd |
Opened
13,377
|
$520,812,000 | 0.49% |
| Indexiq Etf Tr |
1.59%
9,002
|
$262,948,000 | 0.25% |
| Vici Pptys Inc |
15.56%
7,965
|
$259,818,000 | 0.24% |
| Realty Income Corp. |
14.98%
3,870
|
$245,048,000 | 0.23% |
| Delta Air Lines, Inc. |
1.01%
6,994
|
$244,230,000 | 0.23% |
| Spdr Ser Tr |
Closed
14,146
|
$453,857,000 | |
| Valero Energy Corp. |
Closed
1,872
|
$237,482,000 | |
| Digital Rlty Tr Inc |
Closed
2,280
|
$228,616,000 | |
| Elevance Health Inc |
Closed
422
|
$216,473,000 | |
| Cardinal Health, Inc. |
Closed
2,813
|
$216,235,000 | |
| Lamar Advertising Co |
17.60%
2,145
|
$214,264,000 | 0.20% |
| Alphabet Inc |
Opened
2,047
|
$212,888,000 | 0.20% |
| Vanguard Specialized Funds |
Closed
1,366
|
$207,427,000 | |
| Vanguard Index Fds |
Opened
1,287
|
$204,324,000 | 0.19% |
| Federal Rlty Invt Tr New |
18.70%
2,057
|
$203,293,000 | 0.19% |
| Block Inc |
Opened
2,937
|
$201,625,000 | 0.19% |
| Spdr Index Shs Fds |
Closed
6,091
|
$200,746,000 | |
| Tilray Brands Inc |
No change
61,025
|
$154,393,000 | 0.15% |
| Fs Credit Opportunities Corp |
8.56%
16,042
|
$71,225,000 | 0.07% |
| No transactions found | |||
| Showing first 500 out of 110 holdings | |||
Hedge funds similar to Catalyst Wealth Management
- Advantage
- Shearwater Capital
- Ahl Investment Management, Inc
- Center For Asset Management
- Maryland Capital Advisors Inc
- Azarias Capital Management, L.P.
- Greenstone Partners & Co
- Finer Wealth Management
- Crown Wealth
- Pavadi Capital
- Trust Investment Advisors
- High Ground Investment Management LL.P.
- Guardian Investment Management
- W Capital Management