Glass Wealth Management Co 13F annual report
Glass Wealth Management Co is an investment fund managing more than $171 billion ran by Kelly Harris. There are currently 56 companies in Mrs. Harris’s portfolio. The largest investments include Broadcom Inc and Microsoft, together worth $30.7 billion.
$171 billion Assets Under Management (AUM)
As of 23rd July 2024, Glass Wealth Management Co’s top holding is 11,007 shares of Broadcom Inc currently worth over $17.7 billion and making up 10.3% of the portfolio value.
Relative to the number of outstanding shares of Broadcom Inc, Glass Wealth Management Co owns more than approximately 0.1% of the company.
In addition, the fund holds 29,167 shares of Microsoft worth $13 billion, whose value grew 7.0% in the past six months.
The third-largest holding is Exxon Mobil worth $7.49 billion and the next is Apple Inc worth $7.22 billion, with 34,272 shares owned.
Currently, Glass Wealth Management Co's portfolio is worth at least $171 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 Glass Wealth Management Co
The Glass Wealth Management Co office and employees reside in San Antonio, Texas. According to the last 13-F report filed with the SEC, Kelly Harris serves as the Executive Assistant at Glass Wealth Management Co.
Recent trades
In the most recent 13F filing, Glass Wealth Management Co revealed that it had opened a new position in
GE Aerospace and bought 5,116 shares worth $813 million.
This means they effectively own approximately 0.1% of the company.
GE Aerospace makes up
4.9%
of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Broadcom Inc by buying
157 additional shares.
This makes their stake in Broadcom Inc total 11,007 shares worth $17.7 billion.
Broadcom Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Glass Wealth Management Co is getting rid of from its portfolio.
Glass Wealth Management Co closed its position in Ford Mtr Co Del on 30th July 2024.
It sold the previously owned 94,029 shares for $1.25 billion.
Kelly Harris also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $13 billion and 29,167 shares.
One of the smallest hedge funds
The two most similar investment funds to Glass Wealth Management Co are Nierenberg Investment Management and Dudley Capital Management. They manage $171 billion and $171 billion respectively.
Kelly Harris investment strategy
Glass Wealth Management Co’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 34.1% of
the total portfolio value.
The fund focuses on investments in the United States as
64.3% 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
68% of the total holdings value.
On the other hand, small-cap stocks make up only 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $257 billion.
The complete list of Glass Wealth Management Co 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 |
|---|---|---|---|
| Broadcom Inc |
1.45%
11,007
|
$17,672,069,000 | 10.33% |
| Microsoft Corporation |
0.14%
29,167
|
$13,036,191,000 | 7.62% |
| Exxon Mobil Corp. |
0.11%
65,073
|
$7,491,221,000 | 4.38% |
| Apple Inc |
0.04%
34,272
|
$7,218,369,000 | 4.22% |
| NVIDIA Corp |
913.18%
56,485
|
$6,978,157,000 | 4.08% |
| Alphabet Inc |
0.66%
36,110
|
$6,579,672,000 | 3.85% |
| Amazon.com Inc. |
1.21%
32,100
|
$6,203,325,000 | 3.63% |
| Freeport-McMoRan Inc |
0.43%
122,319
|
$5,944,703,000 | 3.48% |
| Lockheed Martin Corp. |
0.85%
9,541
|
$4,456,601,000 | 2.61% |
| Bank America Corp |
2.07%
107,549
|
$4,277,224,000 | 2.50% |
| L3Harris Technologies Inc |
0.70%
18,660
|
$4,190,663,000 | 2.45% |
| Phillips 66 |
0.84%
29,444
|
$4,156,609,000 | 2.43% |
| Merck & Co Inc |
1.57%
32,656
|
$4,042,813,000 | 2.36% |
| Newmont Corp |
29.06%
88,190
|
$3,692,515,000 | 2.16% |
| Chevron Corp. |
1.82%
23,557
|
$3,684,708,000 | 2.15% |
| Northrop Grumman Corp. |
0.50%
7,770
|
$3,387,332,000 | 1.98% |
| United Parcel Service, Inc. |
1.45%
24,165
|
$3,306,980,000 | 1.93% |
| Shell Plc |
1.04%
43,003
|
$3,103,975,000 | 1.81% |
| RTX Corp |
0.68%
30,745
|
$3,086,491,000 | 1.80% |
| Applied Matls Inc |
4.06%
12,945
|
$3,054,891,000 | 1.79% |
| Cullen Frost Bankers Inc. |
0.84%
29,387
|
$2,986,601,000 | 1.75% |
| Adobe Inc |
4.78%
5,372
|
$2,984,361,000 | 1.74% |
| Barrick Gold Corp. |
6.78%
176,455
|
$2,943,269,000 | 1.72% |
| Nutrien Ltd |
1.22%
57,735
|
$2,939,289,000 | 1.72% |
| Procter And Gamble Co |
1.52%
17,511
|
$2,887,914,000 | 1.69% |
| Pfizer Inc. |
1.49%
100,570
|
$2,813,949,000 | 1.64% |
| Corteva Inc |
4.05%
45,948
|
$2,478,435,000 | 1.45% |
| Lam Research Corp. |
2.48%
2,275
|
$2,422,534,000 | 1.42% |
| Thermo Fisher Scientific Inc. |
2.34%
4,372
|
$2,417,716,000 | 1.41% |
| Morgan Stanley |
3.63%
24,695
|
$2,400,107,000 | 1.40% |
| Intel Corp. |
2.48%
73,571
|
$2,278,494,000 | 1.33% |
| Microchip Technology, Inc. |
3.43%
24,437
|
$2,235,986,000 | 1.31% |
| Bristol-Myers Squibb Co. |
10.97%
53,223
|
$2,210,330,000 | 1.29% |
| Dow Inc |
8.72%
39,745
|
$2,108,472,000 | 1.23% |
| Emerson Elec Co |
2.12%
19,129
|
$2,107,251,000 | 1.23% |
| General Dynamics Corp. |
0.49%
5,890
|
$1,708,925,000 | 1.00% |
| Texas Instrs Inc |
10.50%
8,521
|
$1,657,582,000 | 0.97% |
| Truist Finl Corp |
62.11%
39,870
|
$1,548,950,000 | 0.91% |
| Sanofi |
2.07%
31,105
|
$1,509,215,000 | 0.88% |
| Eli Lilly & Co |
60.18%
1,629
|
$1,474,864,000 | 0.86% |
| Visa Inc |
8.55%
5,270
|
$1,383,217,000 | 0.81% |
| Cisco Sys Inc |
1.72%
28,170
|
$1,338,357,000 | 0.78% |
| Novartis AG |
0.52%
12,460
|
$1,326,492,000 | 0.78% |
| Ford Mtr Co Del |
Closed
94,029
|
$1,248,705,000 | |
| General Electric Co |
Closed
5,553
|
$974,762,000 | |
| DuPont de Nemours Inc |
Closed
12,302
|
$943,156,000 | |
| Eaton Corp Plc |
54.37%
2,970
|
$931,244,000 | 0.54% |
| GE Aerospace |
Opened
5,116
|
$813,330,000 | 0.48% |
| JPMorgan Chase & Co. |
No change
3,379
|
$683,489,000 | 0.40% |
| Blackrock Inc. |
0.67%
745
|
$586,553,000 | 0.34% |
| International Business Machs |
No change
2,125
|
$367,519,000 | 0.21% |
| Conocophillips |
Closed
2,223
|
$282,943,000 | |
| The Southern Co. |
No change
3,565
|
$276,521,000 | 0.16% |
| Abbott Labs |
No change
2,626
|
$272,868,000 | 0.16% |
| Pepsico Inc |
1.11%
1,609
|
$265,372,000 | 0.16% |
| Booz Allen Hamilton Hldg Cor |
Closed
1,700
|
$252,348,000 | |
| Cadence Design System Inc |
Opened
795
|
$244,661,000 | 0.14% |
| Walmart Inc |
6.61%
3,533
|
$239,219,000 | 0.14% |
| Oneok Inc. |
No change
2,851
|
$232,499,000 | 0.14% |
| Mcdonalds Corp |
No change
877
|
$223,495,000 | 0.13% |
| Advanced Micro Devices Inc. |
Closed
1,150
|
$207,564,000 | |
| Home Depot, Inc. |
0.51%
582
|
$200,348,000 | 0.12% |
| No transactions found | |||
| Showing first 500 out of 62 holdings | |||
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