Strait & Sound Wealth Management 13F annual report
Strait & Sound Wealth Management is an investment fund managing more than $176 billion ran by Todd Sixt. There are currently 110 companies in Mr. Sixt’s portfolio. The largest investments include BondBloxx ETF Trust and Ishares Tr, together worth $42.4 billion.
$176 billion Assets Under Management (AUM)
As of 3rd May 2024, Strait & Sound Wealth Management’s top holding is 432,506 shares of BondBloxx ETF Trust currently worth over $21.5 billion and making up 12.2% of the portfolio value.
Relative to the number of outstanding shares of BondBloxx ETF Trust, Strait & Sound Wealth Management owns less than approximately 0.1% of the company.
In addition, the fund holds 207,326 shares of Ishares Tr worth $20.9 billion.
The third-largest holding is Microsoft worth $14.2 billion and the next is Rbb Fd Inc worth $12.1 billion, with 241,910 shares owned.
Currently, Strait & Sound Wealth Management's portfolio is worth at least $176 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 Strait & Sound Wealth Management
The Strait & Sound Wealth Management office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Todd Sixt serves as the Chief Executive Officer at Strait & Sound Wealth Management.
Recent trades
In the most recent 13F filing, Strait & Sound Wealth Management revealed that it had opened a new position in
Grayscale Bitcoin Tr Btc and bought 6,050 shares worth $380 million.
The investment fund also strengthened its position in BondBloxx ETF Trust by buying
16,936 additional shares.
This makes their stake in BondBloxx ETF Trust total 432,506 shares worth $21.5 billion.
BondBloxx ETF Trust dropped 0.9% in the past year.
On the other hand, there are companies that Strait & Sound Wealth Management is getting rid of from its portfolio.
Strait & Sound Wealth Management closed its position in Archer Daniels Midland Co on 10th May 2024.
It sold the previously owned 5,741 shares for $396 million.
Todd Sixt also disclosed a decreased stake in Costco Whsl Corp New by approximately 0.1%.
This leaves the value of the investment at $4.27 billion and 5,826 shares.
One of the smallest hedge funds
The two most similar investment funds to Strait & Sound Wealth Management are Paragon Capital Management and Wimmer Associates 1. They manage $176 billion and $176 billion respectively.
Todd Sixt investment strategy
Strait & Sound Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 17.9% of
the total portfolio value.
The fund focuses on investments in the United States as
57.3% 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
58% of the total holdings value.
On the other hand, small-cap stocks make up only 1.8% of the portfolio.
The average market cap of the portfolio companies is close to $233 billion.
The complete list of Strait & Sound Wealth Management trades based on 13F SEC filings
These positions were updated on May 10th 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 |
|---|---|---|---|
| BondBloxx ETF Trust |
4.08%
432,506
|
$21,493,717,000 | 12.20% |
| Ishares Tr |
0.76%
207,326
|
$20,878,432,000 | 11.85% |
| Microsoft Corporation |
4.13%
33,079
|
$14,155,619,000 | 8.03% |
| Rbb Fd Inc |
98.17%
241,910
|
$12,073,711,000 | 6.85% |
| Apple Inc |
5.31%
67,203
|
$11,763,273,000 | 6.68% |
| Amazon.com Inc. |
10.48%
47,323
|
$8,946,413,000 | 5.08% |
| NVIDIA Corp |
1.28%
6,422
|
$5,818,971,000 | 3.30% |
| Costco Whsl Corp New |
1.75%
5,826
|
$4,266,477,000 | 2.42% |
| Visa Inc |
0.22%
15,217
|
$4,194,932,000 | 2.38% |
| Spdr S&p 500 Etf Tr |
2.19%
6,473
|
$3,352,987,000 | 1.90% |
| Alphabet Inc |
3.55%
20,868
|
$3,330,598,000 | 1.89% |
| Home Depot, Inc. |
1.10%
7,816
|
$2,715,054,000 | 1.54% |
| Berkshire Hathaway Inc. |
1.39%
5,902
|
$2,405,714,000 | 1.37% |
| Tesla Inc |
2.65%
12,335
|
$2,153,691,000 | 1.22% |
| Meta Platforms Inc |
0.10%
4,044
|
$2,115,806,000 | 1.20% |
| JPMorgan Chase & Co. |
0.02%
9,994
|
$1,953,127,000 | 1.11% |
| Mastercard Incorporated |
0.32%
3,813
|
$1,785,891,000 | 1.01% |
| Seabridge Gold, Inc. |
6.52%
107,029
|
$1,746,713,000 | 0.99% |
| Vanguard Index Fds |
7.86%
6,916
|
$2,403,261,000 | 1.36% |
| Abbvie Inc |
1.02%
9,267
|
$1,552,415,000 | 0.88% |
| Pimco Etf Tr |
1.97%
17,049
|
$1,678,930,000 | 0.95% |
| Exact Sciences Corp. |
No change
19,276
|
$1,406,184,000 | 0.80% |
| Advanced Micro Devices Inc. |
0.31%
8,107
|
$1,382,244,000 | 0.78% |
| Johnson & Johnson |
3.87%
8,563
|
$1,274,125,000 | 0.72% |
| Cisco Sys Inc |
1.08%
23,547
|
$1,166,283,000 | 0.66% |
| Procter And Gamble Co |
1.32%
7,413
|
$1,155,309,000 | 0.66% |
| International Business Machs |
0.26%
6,191
|
$1,150,912,000 | 0.65% |
| Walmart Inc |
192.48%
17,157
|
$1,030,944,000 | 0.59% |
| First Tr Exchange-traded Fd |
3.62%
16,083
|
$959,531,000 | 0.54% |
| Vanguard Intl Equity Index F |
17.84%
8,720
|
$953,794,000 | 0.54% |
| AMGEN Inc. |
3.87%
3,507
|
$946,960,000 | 0.54% |
| Broadcom Inc |
7.23%
638
|
$882,009,000 | 0.50% |
| Lockheed Martin Corp. |
9.10%
1,909
|
$863,479,000 | 0.49% |
| Salesforce Inc |
3.26%
2,883
|
$862,510,000 | 0.49% |
| Iron Mtn Inc Del |
5.04%
11,000
|
$842,719,000 | 0.48% |
| Vanguard Whitehall Fds |
27.56%
6,934
|
$817,467,000 | 0.46% |
| Etf Ser Solutions |
0.94%
26,743
|
$813,208,000 | 0.46% |
| Verizon Communications Inc |
1.86%
19,075
|
$766,072,000 | 0.43% |
| Phillips 66 |
5.54%
4,612
|
$762,871,000 | 0.43% |
| Boeing Co. |
3.42%
4,261
|
$738,644,000 | 0.42% |
| Vanguard World Fd |
4.01%
1,297
|
$679,369,000 | 0.39% |
| Oracle Corp. |
6.59%
5,185
|
$638,999,000 | 0.36% |
| Chevron Corp. |
2.61%
3,894
|
$630,355,000 | 0.36% |
| Select Sector Spdr Tr |
6.73%
16,056
|
$1,655,847,000 | 0.94% |
| Autodesk Inc. |
4.93%
2,489
|
$599,998,000 | 0.34% |
| Emerson Elec Co |
No change
5,269
|
$598,164,000 | 0.34% |
| Nike, Inc. |
32.27%
6,046
|
$556,271,000 | 0.32% |
| Starbucks Corp. |
3.04%
6,184
|
$531,165,000 | 0.30% |
| AT&T, Inc. |
No change
31,360
|
$514,931,000 | 0.29% |
| Verisk Analytics Inc |
No change
2,287
|
$510,824,000 | 0.29% |
| Comcast Corp New |
3.38%
12,241
|
$491,354,000 | 0.28% |
| Eaton Vance Tax-managed Dive |
0.24%
36,385
|
$487,199,000 | 0.28% |
| Coca-Cola Co |
No change
8,201
|
$484,269,000 | 0.27% |
| United Parcel Service, Inc. |
2.09%
3,145
|
$468,636,000 | 0.27% |
| Spdr Dow Jones Indl Average |
No change
1,208
|
$464,439,000 | 0.26% |
| VanEck ETF Trust |
8.97%
18,064
|
$459,187,000 | 0.26% |
| Eli Lilly & Co |
1.39%
585
|
$444,280,000 | 0.25% |
| Gilead Sciences, Inc. |
No change
6,240
|
$428,376,000 | 0.24% |
| Blackrock Inc. |
0.55%
541
|
$425,204,000 | 0.24% |
| M & T Bk Corp |
No change
3,095
|
$418,382,000 | 0.24% |
| Qualcomm, Inc. |
2.61%
2,384
|
$417,457,000 | 0.24% |
| Vanguard Specialized Funds |
0.09%
2,338
|
$415,783,000 | 0.24% |
| Eaton Corp Plc |
No change
1,302
|
$413,073,000 | 0.23% |
| CVS Health Corp |
5.79%
5,825
|
$406,208,000 | 0.23% |
| Goldman Sachs Group, Inc. |
8.73%
1,014
|
$403,029,000 | 0.23% |
| Intel Corp. |
0.01%
10,689
|
$402,213,000 | 0.23% |
| Archer Daniels Midland Co. |
Closed
5,741
|
$395,670,000 | |
| Palo Alto Networks Inc |
3.34%
1,392
|
$395,133,000 | 0.22% |
| Merck & Co Inc |
6.71%
3,101
|
$391,191,000 | 0.22% |
| Altria Group Inc. |
1.01%
9,290
|
$384,885,000 | 0.22% |
| Grayscale Bitcoin Tr Btc |
Opened
6,050
|
$379,880,000 | 0.22% |
| Netflix Inc. |
13.22%
584
|
$367,208,000 | 0.21% |
| NextEra Energy Inc |
0.02%
5,560
|
$355,504,000 | 0.20% |
| Sempra |
0.97%
5,080
|
$351,790,000 | 0.20% |
| Disney Walt Co |
5.70%
2,997
|
$351,105,000 | 0.20% |
| Edwards Lifesciences Corp |
No change
3,825
|
$349,643,000 | 0.20% |
| Unitedhealth Group Inc |
16.74%
774
|
$341,891,000 | 0.19% |
| Vanguard Scottsdale Fds |
No change
8,642
|
$548,272,000 | 0.31% |
| Travelers Companies Inc. |
No change
1,438
|
$316,935,000 | 0.18% |
| American Express Co. |
No change
1,427
|
$311,371,000 | 0.18% |
| CRH Plc |
1.64%
3,713
|
$309,887,000 | 0.18% |
| Bank America Corp |
6.60%
8,483
|
$308,357,000 | 0.17% |
| Adobe Inc |
1.45%
630
|
$305,096,000 | 0.17% |
| Philip Morris International Inc |
0.74%
3,366
|
$301,021,000 | 0.17% |
| Texas Instrs Inc |
9.33%
1,749
|
$299,429,000 | 0.17% |
| Exxon Mobil Corp. |
6.94%
2,454
|
$298,873,000 | 0.17% |
| Medtronic Plc |
No change
3,596
|
$295,483,000 | 0.17% |
| Capital One Finl Corp |
No change
2,050
|
$287,697,000 | 0.16% |
| Bristol-Myers Squibb Co. |
1.27%
5,841
|
$286,910,000 | 0.16% |
| Church & Dwight Co., Inc. |
No change
2,807
|
$285,135,000 | 0.16% |
| Ishares Inc |
0.91%
5,428
|
$283,124,000 | 0.16% |
| Matterport Inc |
32.66%
130,200
|
$266,910,000 | 0.15% |
| Nuveen California Amt Qlt Mu |
No change
21,968
|
$262,518,000 | 0.15% |
| Spdr Gold Tr |
9.25%
1,181
|
$259,584,000 | 0.15% |
| Morgan Stanley |
2.20%
2,977
|
$258,523,000 | 0.15% |
| American Wtr Wks Co Inc New |
No change
2,151
|
$253,431,000 | 0.14% |
| Kroger Co. |
11.96%
4,474
|
$251,215,000 | 0.14% |
| Invesco Actively Managed Etf |
No change
5,017
|
$250,499,000 | 0.14% |
| Spdr Ser Tr |
Closed
3,500
|
$247,345,000 | |
| Vanguard Scottsdale Fds |
Opened
2,819
|
$244,774,000 | 0.14% |
| Enbridge Inc |
1.56%
6,945
|
$239,950,000 | 0.14% |
| Kayne Anderson Energy Infrst |
No change
24,941
|
$238,436,000 | 0.14% |
| American Tower Corp. |
8.17%
1,324
|
$236,498,000 | 0.13% |
| Corning, Inc. |
2.78%
7,180
|
$231,699,000 | 0.13% |
| Tyson Foods, Inc. |
No change
3,810
|
$226,085,000 | 0.13% |
| Newmont Corp |
7.09%
5,638
|
$220,277,000 | 0.13% |
| Ameren Corp. |
No change
2,978
|
$214,565,000 | 0.12% |
| Mcdonalds Corp |
9.78%
797
|
$214,090,000 | 0.12% |
| Eversource Energy |
Opened
3,594
|
$212,585,000 | 0.12% |
| CMS Energy Corporation |
Opened
3,474
|
$201,075,000 | 0.11% |
| Annaly Capital Management In |
Opened
10,023
|
$186,227,000 | 0.11% |
| Eaton Vance Tax-managed Glob |
No change
17,200
|
$140,352,000 | 0.08% |
| No transactions found | |||
| Showing first 500 out of 112 holdings | |||
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