Solano Wealth Management 13F annual report
Solano Wealth Management is an investment fund managing more than $172 billion ran by Rufus Williams. There are currently 23 companies in Mr. Williams’s portfolio. The largest investments include Invesco Exch Trd Slf Idx Fd and First Tr Exchange-traded Fd, together worth $85.8 billion.
$172 billion Assets Under Management (AUM)
As of 23rd July 2024, Solano Wealth Management’s top holding is 988,192 shares of Invesco Exch Trd Slf Idx Fd currently worth over $42.9 billion and making up 25.0% of the portfolio value.
In addition, the fund holds 649,769 shares of First Tr Exchange-traded Fd worth $42.9 billion.
The third-largest holding is Invesco Exch Traded Fd Tr Ii worth $21.1 billion and the next is Spdr Ser Tr worth $14.1 billion, with 212,156 shares owned.
Currently, Solano Wealth Management's portfolio is worth at least $172 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 Solano Wealth Management
The Solano Wealth Management office and employees reside in Fairfield, California. According to the last 13-F report filed with the SEC, Rufus Williams serves as the President and Chief Compliance Officer at Solano Wealth Management.
Recent trades
In the most recent 13F filing, Solano Wealth Management revealed that it had opened a new position in
NVIDIA Corp and bought 2,017 shares worth $249 million.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
23.7%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Invesco Exch Trd Slf Idx Fd by buying
45,663 additional shares.
This makes their stake in Invesco Exch Trd Slf Idx Fd total 988,192 shares worth $42.9 billion.
On the other hand, there are companies that Solano Wealth Management is getting rid of from its portfolio.
Solano Wealth Management closed its position in Microsoft on 30th July 2024.
It sold the previously owned 807 shares for $340 million.
Rufus Williams also disclosed a decreased stake in Spdr S&p 500 Etf Tr by approximately 0.1%.
This leaves the value of the investment at $7.02 billion and 12,894 shares.
One of the smallest hedge funds
The two most similar investment funds to Solano Wealth Management are Anabranch Capital Management, L.P. and Cooper/haims Advisors. They manage $172 billion and $171 billion respectively.
Rufus Williams investment strategy
Solano Wealth Management’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 0.9% of
the total portfolio value.
The fund focuses on investments in the United States as
30.4% 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
22% of the total holdings value.
On the other hand, small-cap stocks make up only 4.3% of the portfolio.
The average market cap of the portfolio companies is close to $585 billion.
The complete list of Solano Wealth Management trades based on 13F SEC filings
These positions were updated on July 30th 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 |
|---|---|---|---|
| Invesco Exch Trd Slf Idx Fd |
4.84%
988,192
|
$42,914,261,000 | 25.01% |
| First Tr Exchange-traded Fd |
3.30%
649,769
|
$42,877,748,000 | 24.99% |
| Invesco Exch Traded Fd Tr Ii |
4.61%
118,634
|
$21,120,646,000 | 12.31% |
| Spdr Ser Tr |
7.06%
212,156
|
$14,118,974,000 | 8.23% |
| Ishares Tr |
5.46%
212,185
|
$17,401,245,000 | 10.14% |
| First Tr Exchng Traded Fd Vi |
3.48%
268,632
|
$11,564,609,000 | 6.74% |
| Spdr S&p 500 Etf Tr |
7.16%
12,894
|
$7,017,168,000 | 4.09% |
| Franklin Templeton Etf Tr |
13.99%
45,966
|
$2,357,576,000 | 1.37% |
| First Tr Value Line Divid In |
1.60%
52,730
|
$2,148,738,000 | 1.25% |
| Select Sector Spdr Tr |
0.90%
53,810
|
$2,066,853,000 | 1.20% |
| Lattice Strategies Tr |
1.71%
37,424
|
$1,489,669,000 | 0.87% |
| Apple Inc |
27.11%
4,707
|
$991,388,000 | 0.58% |
| Natera Inc |
No change
8,700
|
$942,123,000 | 0.55% |
| Wisdomtree Tr |
2.28%
10,468
|
$817,062,000 | 0.48% |
| Alphabet Inc |
2.19%
4,394
|
$800,367,000 | 0.47% |
| Spdr Index Shs Fds |
41.09%
10,998
|
$637,038,000 | 0.37% |
| Copart, Inc. |
No change
9,150
|
$495,564,000 | 0.29% |
| First Tr Sml Cp Core Alpha F |
No change
4,620
|
$417,925,000 | 0.24% |
| Visa Inc |
2.85%
1,445
|
$379,269,000 | 0.22% |
| JPMorgan Chase & Co. |
21.81%
1,850
|
$374,281,000 | 0.22% |
| Microsoft Corporation |
Closed
807
|
$339,521,000 | |
| Global X Fds |
No change
13,875
|
$325,924,000 | 0.19% |
| Invesco Exch Traded Fd Tr Ii |
Closed
4,980
|
$280,874,000 | |
| NVIDIA Corp |
Opened
2,017
|
$249,181,000 | 0.15% |
| Rumble Inc |
Opened
15,000
|
$83,250,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 25 holdings | |||
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