Bt Wealth Management 13F annual report

Bt Wealth Management is an investment fund managing more than $352 million ran by Justin Snell. There are currently 45 companies in Mr. Snell’s portfolio. The largest investments include Ishares Tr and Vanguard Specialized Funds, together worth $240 million.

Limited to 30 biggest holdings

$352 million Assets Under Management (AUM)

As of 19th July 2022, Bt Wealth Management’s top holding is 1,396,721 shares of Ishares Tr currently worth over $196 million and making up 55.5% of the portfolio value. In addition, the fund holds 310,588 shares of Vanguard Specialized Funds worth $44.6 million. The third-largest holding is Invesco Exchange Traded Fd T worth $44.7 million and the next is Vanguard Scottsdale Fds worth $19.9 million, with 332,135 shares owned.

Currently, Bt Wealth Management's portfolio is worth at least $352 million. 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 Bt Wealth Management

The Bt Wealth Management office and employees reside in Atlanta, Georgia. According to the last 13-F report filed with the SEC, Justin Snell serves as the Chief Operating Officer at Bt Wealth Management.

Recent trades

In the most recent 13F filing, Bt Wealth Management revealed that it had opened a new position in Vanguard Scottsdale Fds and bought 332,135 shares worth $19.9 million.

The investment fund also strengthened its position in Ishares Tr by buying 125,577 additional shares. This makes their stake in Ishares Tr total 1,396,721 shares worth $196 million.

On the other hand, there are companies that Bt Wealth Management is getting rid of from its portfolio. Bt Wealth Management closed its position in Mcdonalds Corp on 26th July 2022. It sold the previously owned 2,994 shares for $803 thousand. Justin Snell also disclosed a decreased stake in Invesco Exchange Traded Fd T by approximately 0.1%. This leaves the value of the investment at $44.7 million and 403,927 shares.

One of the smaller hedge funds

The two most similar investment funds to Bt Wealth Management are Goodman Corp and Nalanda India Fund Ltd. They manage $352 million and $352 million respectively.

Justin Snell investment strategy

Bt Wealth Management’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 2.4% of the total portfolio value. The fund focuses on investments in the United States as 53.3% 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 47% of the total holdings value. On the other hand, small-cap stocks make up only 4.4% of the portfolio. The average market cap of the portfolio companies is close to $341 billion.

The complete list of Bt Wealth Management trades based on 13F SEC filings

These positions were updated on July 26th 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
Ishares Tr	9.88% 1,396,721	$195,531,000	55.50%
Vanguard Specialized Funds	3.51% 310,588	$44,560,000	12.65%
Invesco Exchange Traded Fd T	2.10% 403,927	$44,671,000	12.68%
Vanguard Scottsdale Fds	Opened 332,135	$19,928,000	5.66%
Ishares Tr	Opened 214,644	$11,346,000	3.22%
Spdr S&p 500 Etf Tr	1.47% 16,678	$6,292,000	1.79%
Apple Inc	14.76% 24,322	$3,325,000	0.94%
Home Depot, Inc.	8.64% 10,627	$2,915,000	0.83%
Accenture Plc Ireland	1.67% 8,957	$2,487,000	0.71%
Microsoft Corporation	30.61% 9,535	$2,449,000	0.70%
Vanguard Index Fds	0.45% 9,312	$1,756,000	0.50%
Genuine Parts Co.	0.09% 10,298	$1,370,000	0.39%
Schwab Strategic Tr	99.93% 35,505	$1,583,000	0.45%
The Southern Co.	0.46% 13,016	$928,000	0.26%
Vanguard Star Fds	1.74% 16,075	$830,000	0.24%
Exxon Mobil Corp.	19.83% 9,450	$809,000	0.23%
Mcdonalds Corp	Closed 2,994	$803,000
Amazon.com Inc.	2,287.10% 6,660	$707,000	0.20%
International Business Machs	1.36% 4,873	$688,000	0.20%
Kimberly-Clark Corp.	No change 4,866	$658,000	0.19%
Disney Walt Co	Closed 3,944	$611,000
Chevron Corp.	8.21% 3,925	$568,000	0.16%
Pure Storage Inc	Opened 21,066	$542,000	0.15%
Procter And Gamble Co	52.34% 3,519	$506,000	0.14%
Truist Finl Corp	27.51% 10,542	$500,000	0.14%
Abbvie Inc	61.87% 3,166	$485,000	0.14%
Alphabet Inc	17.16% 222	$484,000	0.14%
Spdr Ser Tr	24.00% 8,894	$465,000	0.13%
AT&T Inc.	4.56% 20,282	$425,000	0.12%
Dimensional Etf Trust	0.60% 10,092	$411,000	0.12%
Coca-Cola Co	4.57% 6,436	$405,000	0.11%
Ameris Bancorp	No change 10,000	$402,000	0.11%
Johnson & Johnson	13.39% 2,213	$393,000	0.11%
Dimensional Etf Trust	Opened 12,064	$381,000	0.11%
Meta Platforms Inc	Closed 1,091	$367,000
Berkshire Hathaway Inc.	2.09% 1,267	$346,000	0.10%
JPMorgan Chase & Co.	16.02% 3,061	$345,000	0.10%
Bk Of America Corp	9.62% 10,370	$323,000	0.09%
Verizon Communications Inc	5.90% 6,354	$322,000	0.09%
Comcast Corp New	Closed 5,988	$301,000
Raytheon Technologies Corporation	Closed 3,327	$286,000
Grainger W W Inc	No change 616	$280,000	0.08%
Rockwell Automation Inc	Closed 778	$271,000
Vanguard Index Fds	Closed 2,777	$481,000
Citigroup Inc	8.26% 5,697	$262,000	0.07%
Abbott Labs	Closed 1,847	$260,000
Intuitive Surgical Inc	Closed 720	$259,000
Ppg Inds Inc	Closed 1,486	$256,000
Vanguard Index Fds	Opened 1,235	$243,000	0.07%
CSX Corp.	12.57% 8,206	$238,000	0.07%
United Parcel Service, Inc.	5.20% 1,294	$236,000	0.07%
Altria Group Inc.	1.97% 5,548	$232,000	0.07%
Tesla Inc	4.62% 340	$229,000	0.07%
Invesco Exch Traded Fd Tr Ii	Closed 4,368	$228,000
General Dynamics Corp.	6.23% 1,023	$226,000	0.06%
Independence Rlty Tr Inc	Opened 10,488	$217,000	0.06%
Ishares Tr	Closed 728	$213,000
Gilead Sciences, Inc.	Closed 2,850	$207,000
Dimensional Etf Trust	Closed 7,890	$206,000
Agnc Invt Corp	Closed 12,650	$190,000
No transactions found
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