Segment Wealth Management 13F annual report
Segment Wealth Management is an investment fund managing more than $1.28 trillion ran by Gwen Wilmeth. There are currently 199 companies in Mrs. Wilmeth’s portfolio. The largest investments include Vanguard Index Fds and Berkshire Hathaway, together worth $213 billion.
$1.28 trillion Assets Under Management (AUM)
As of 17th April 2024, Segment Wealth Management’s top holding is 431,228 shares of Vanguard Index Fds currently worth over $106 billion and making up 8.3% of the portfolio value.
In addition, the fund holds 145,456 shares of Berkshire Hathaway worth $106 billion, whose value grew 18.4% in the past six months.
The third-largest holding is Sp Global Inc worth $46.7 billion and the next is Broadcom worth $32 billion, with 24,159 shares owned.
Currently, Segment Wealth Management's portfolio is worth at least $1.28 trillion. 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 Segment Wealth Management
The Segment Wealth Management office and employees reside in Houston, Texas. According to the last 13-F report filed with the SEC, Gwen Wilmeth serves as the Chief Compliance Officer at Segment Wealth Management.
Recent trades
In the most recent 13F filing, Segment Wealth Management revealed that it had opened a new position in
Schwab Strategic Tr and bought 291,815 shares worth $23.5 billion.
The investment fund also strengthened its position in Vanguard Index Fds by buying
32,023 additional shares.
This makes their stake in Vanguard Index Fds total 431,228 shares worth $106 billion.
On the other hand, there are companies that Segment Wealth Management is getting rid of from its portfolio.
Segment Wealth Management closed its position in Air Prods Chems Inc on 24th April 2024.
It sold the previously owned 39,462 shares for $11.2 billion.
Gwen Wilmeth also disclosed a decreased stake in Broadcom by approximately 0.1%.
This leaves the value of the investment at $32 billion and 24,159 shares.
One of the largest hedge funds
The two most similar investment funds to Segment Wealth Management are Angeles Investment Advisors and Nbt Bank N A ny. They manage $1.28 trillion and $1.28 trillion respectively.
Gwen Wilmeth investment strategy
Segment Wealth Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Finance — making up 12.1% of
the total portfolio value.
The fund focuses on investments in the United States as
52.3% 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 2.0% of the portfolio.
The average market cap of the portfolio companies is close to $142 billion.
The complete list of Segment Wealth Management trades based on 13F SEC filings
These positions were updated on April 24th 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 |
|---|---|---|---|
| Vanguard Index Fds |
8.02%
431,228
|
$106,458,425,000 | 8.33% |
| Berkshire Hathaway Inc. |
6.00%
145,456
|
$106,182,540,000 | 8.31% |
| Sp Global Inc |
362.29%
109,780
|
$46,706,020,000 | 3.65% |
| Broadcom Inc. |
6.72%
24,159
|
$32,020,001,000 | 2.50% |
| Microsoft Corporation |
5.53%
67,649
|
$28,461,121,000 | 2.23% |
| Apple Inc |
0.57%
152,388
|
$26,131,479,000 | 2.04% |
| Schwab Strategic Tr |
Opened
291,815
|
$23,529,043,000 | 1.84% |
| Asml Holding N V |
8.07%
24,217
|
$23,501,872,000 | 1.84% |
| Exxon Mobil Corp. |
2.06%
169,120
|
$19,658,494,000 | 1.54% |
| Intuit Inc |
7.64%
30,217
|
$19,641,104,000 | 1.54% |
| Novo-nordisk A S |
4.22%
152,650
|
$19,600,260,000 | 1.53% |
| Spdr Sp 500 Etf Tr |
1.83%
35,195
|
$18,409,668,000 | 1.44% |
| Stryker Corp. |
7.36%
50,607
|
$18,110,652,000 | 1.42% |
| Home Depot, Inc. |
7.40%
46,543
|
$17,853,857,000 | 1.40% |
| Visa Inc |
8.85%
63,104
|
$17,611,071,000 | 1.38% |
| Cintas Corporation |
5.16%
25,606
|
$17,591,948,000 | 1.38% |
| NVIDIA Corp |
9.68%
19,450
|
$17,574,510,000 | 1.37% |
| Mckesson Corporation |
6.70%
30,933
|
$16,606,328,000 | 1.30% |
| Garmin Ltd |
7.17%
108,446
|
$16,144,413,000 | 1.26% |
| Marsh Mclennan Cos Inc |
6.65%
78,068
|
$16,080,460,000 | 1.26% |
| Costco Whsl Corp New |
8.02%
21,301
|
$15,605,981,000 | 1.22% |
| Walmart Inc |
221.36%
259,024
|
$15,585,486,000 | 1.22% |
| Parker-Hannifin Corp. |
7.64%
27,820
|
$15,462,323,000 | 1.21% |
| Allstate Corp (The) |
7.41%
86,257
|
$14,923,343,000 | 1.17% |
| Sherwin-Williams Co. |
7.46%
42,773
|
$14,856,353,000 | 1.16% |
| Unitedhealth Group Inc |
6.16%
29,827
|
$14,755,504,000 | 1.15% |
| Danaher Corp. |
13.21%
57,541
|
$14,369,166,000 | 1.12% |
| Eog Res Inc |
10.06%
111,824
|
$14,295,563,000 | 1.12% |
| Automatic Data Processing In |
5.75%
57,103
|
$14,260,869,000 | 1.12% |
| Mcdonalds Corp |
8.03%
49,377
|
$13,921,947,000 | 1.09% |
| Accenture Plc Ireland |
9.28%
40,134
|
$13,910,846,000 | 1.09% |
| Diamondback Energy Inc |
3,025.90%
68,301
|
$13,535,209,000 | 1.06% |
| Caterpillar Inc. |
1,576.23%
36,525
|
$13,383,870,000 | 1.05% |
| Motorola Solutions Inc |
8.46%
37,580
|
$13,340,097,000 | 1.04% |
| Union Pac Corp |
8.97%
52,858
|
$12,999,309,000 | 1.02% |
| Texas Instrs Inc |
8.22%
73,149
|
$12,743,329,000 | 1.00% |
| Linde Plc. |
Opened
27,267
|
$12,660,613,000 | 0.99% |
| Marriott Intl Inc New |
1.90%
49,555
|
$12,503,173,000 | 0.98% |
| Vanguard Specialized Funds |
2.82%
62,347
|
$11,385,151,000 | 0.89% |
| Air Prods Chems Inc |
Closed
39,462
|
$11,183,625,000 | |
| Equinix Inc |
Opened
13,405
|
$11,063,549,000 | 0.87% |
| Invesco Exchange Traded Fd T |
4.55%
261,715
|
$11,531,832,000 | 0.90% |
| Ishares Tr |
Opened
363,423
|
$13,191,353,000 | 1.03% |
| Carrier Global Corporation |
8.36%
181,328
|
$10,540,624,000 | 0.82% |
| Gallagher Arthur J Co |
8.11%
41,530
|
$10,384,147,000 | 0.81% |
| Old Dominion Freight Line In |
1,694.71%
46,483
|
$10,194,187,000 | 0.80% |
| Nike, Inc. |
12.66%
106,169
|
$9,977,807,000 | 0.78% |
| Roper Technologies Inc |
8.72%
17,747
|
$9,953,012,000 | 0.78% |
| Ishares Tr |
1.30%
805,864
|
$59,368,224,000 | 4.64% |
| Amphenol Corp. |
6.39%
75,344
|
$8,690,981,000 | 0.68% |
| Zoetis Inc |
573.61%
50,979
|
$8,626,157,000 | 0.67% |
| Goldman Sachs Group, Inc. |
5.77%
20,409
|
$8,524,487,000 | 0.67% |
| Principal Exchange Traded Fd |
0.94%
150,007
|
$7,704,354,000 | 0.60% |
| American Tower Corp. |
Closed
45,735
|
$7,521,180,000 | |
| Enterprise Prods Partners L |
0.78%
244,795
|
$7,143,118,000 | 0.56% |
| Intercontinental Exchange In |
10.19%
46,964
|
$6,454,325,000 | 0.50% |
| Prologis Inc |
26.93%
49,490
|
$6,444,588,000 | 0.50% |
| Apollo Global Mgmt Inc |
1.99%
56,728
|
$6,379,064,000 | 0.50% |
| Alphabet Inc |
21.85%
61,228
|
$9,295,977,000 | 0.73% |
| Amazon.com Inc. |
4.02%
33,167
|
$5,982,663,000 | 0.47% |
| Select Sector Spdr Tr |
5.71%
98,232
|
$13,396,064,000 | 1.05% |
| Lpl Finl Hldgs Inc |
33.91%
20,381
|
$5,384,660,000 | 0.42% |
| Spdr Ser Tr |
24.65%
104,197
|
$5,248,638,000 | 0.41% |
| Macom Tech Solutions Hldgs I |
20.72%
51,639
|
$4,938,754,000 | 0.39% |
| Quanta Svcs Inc |
20.78%
17,702
|
$4,598,980,000 | 0.36% |
| Chevron Corp. |
68.63%
28,853
|
$4,551,286,000 | 0.36% |
| Ishares Inc |
3.69%
138,534
|
$8,273,453,000 | 0.65% |
| Spdr Sp Midcap 400 Etf Tr |
3.94%
7,561
|
$4,206,940,000 | 0.33% |
| Coterra Energy Inc |
7.53%
133,704
|
$3,727,677,000 | 0.29% |
| Spdr Gold Tr |
3.47%
16,860
|
$3,468,439,000 | 0.27% |
| Wisdomtree Tr |
3.53%
157,338
|
$5,528,569,000 | 0.43% |
| Thermo Fisher Scientific Inc. |
11.66%
5,342
|
$3,104,881,000 | 0.24% |
| Jpmorgan Chase Co |
14.20%
15,458
|
$3,096,237,000 | 0.24% |
| Mastercard Incorporated |
21.58%
5,712
|
$2,750,728,000 | 0.22% |
| Salesforce Inc |
33.76%
8,581
|
$2,584,426,000 | 0.20% |
| Advanced Micro Devices Inc. |
13.74%
12,151
|
$2,193,134,000 | 0.17% |
| Main Str Cap Corp |
2.07%
42,940
|
$2,031,493,000 | 0.16% |
| Schwab Strategic Tr |
0.52%
47,651
|
$3,367,605,000 | 0.26% |
| Lam Research Corp. |
113.65%
2,051
|
$1,992,690,000 | 0.16% |
| Intuitive Surgical Inc |
26.99%
4,931
|
$1,967,913,000 | 0.15% |
| Vanguard Index Fds |
Opened
8,325
|
$1,962,952,000 | 0.15% |
| Stellar Bancorp Inc |
0.08%
79,739
|
$1,942,438,000 | 0.15% |
| Arista Networks Inc |
Opened
6,533
|
$1,894,439,000 | 0.15% |
| Merck Co Inc |
61.96%
14,235
|
$1,878,316,000 | 0.15% |
| Enlink Midstream LLC |
19.40%
136,696
|
$1,864,531,000 | 0.15% |
| APA Corporation |
1.11%
52,981
|
$1,821,487,000 | 0.14% |
| Copart, Inc. |
Opened
30,744
|
$1,780,692,000 | 0.14% |
| Crowdstrike Holdings Inc |
Opened
5,532
|
$1,773,504,000 | 0.14% |
| MSCI Inc |
42.68%
3,156
|
$1,768,780,000 | 0.14% |
| Vertex Pharmaceuticals, Inc. |
58.57%
4,183
|
$1,748,536,000 | 0.14% |
| Aptiv PLC |
Closed
17,391
|
$1,714,579,000 | |
| U.S. Silica Holdings Inc |
No change
134,050
|
$1,663,561,000 | 0.13% |
| Phillips 66 |
120.83%
9,966
|
$1,627,765,000 | 0.13% |
| Adobe Inc |
25.56%
3,218
|
$1,623,803,000 | 0.13% |
| Blackstone Inc |
0.81%
12,260
|
$1,610,596,000 | 0.13% |
| Procter And Gamble Co |
9.97%
9,863
|
$1,600,272,000 | 0.13% |
| Atlassian Corporation |
0.94%
8,015
|
$1,563,807,000 | 0.12% |
| Spdr Ser Tr |
Opened
32,690
|
$1,539,699,000 | 0.12% |
| Lockheed Martin Corp. |
18.49%
3,337
|
$1,517,901,000 | 0.12% |
| Pepsico Inc |
28.85%
8,459
|
$1,480,410,000 | 0.12% |
| Conocophillips |
38.73%
11,559
|
$1,471,284,000 | 0.12% |
| Booking Holdings Inc |
31.68%
399
|
$1,447,524,000 | 0.11% |
| Marathon Pete Corp |
1.90%
7,083
|
$1,427,225,000 | 0.11% |
| DraftKings Inc. |
Opened
29,650
|
$1,346,407,000 | 0.11% |
| First Tr Exchange Traded Fd |
2.43%
13,825
|
$1,321,670,000 | 0.10% |
| Lululemon Athletica inc. |
29.21%
3,331
|
$1,301,255,000 | 0.10% |
| Coca-Cola Co |
7.20%
21,096
|
$1,290,647,000 | 0.10% |
| Veralto Corp |
Opened
14,277
|
$1,265,804,000 | 0.10% |
| Invesco Exch Trd Slf Idx Fd |
26.83%
463,770
|
$9,582,620,000 | 0.75% |
| Vontier Corporation |
Opened
26,060
|
$1,182,082,000 | 0.09% |
| Waste Mgmt Inc Del |
0.13%
5,517
|
$1,175,949,000 | 0.09% |
| Eli Lilly Co |
15.96%
1,482
|
$1,152,937,000 | 0.09% |
| Vanguard Whitehall Fds |
1.32%
13,868
|
$1,130,658,000 | 0.09% |
| Williams Cos Inc |
125.94%
27,228
|
$1,061,075,000 | 0.08% |
| NextEra Energy Inc |
89.65%
15,940
|
$1,018,725,000 | 0.08% |
| Invesco Exch Trd Slf Idx Fd |
Closed
72,434
|
$1,541,560,000 | |
| Abbvie Inc |
39.23%
5,359
|
$975,874,000 | 0.08% |
| Valero Energy Corp. |
85.77%
5,666
|
$967,130,000 | 0.08% |
| Generac Holdings Inc |
Closed
8,436
|
$919,187,000 | |
| Kkr Co Inc |
No change
8,850
|
$890,133,000 | 0.07% |
| Oneok Inc. |
2.30%
10,982
|
$880,432,000 | 0.07% |
| Wells Fargo Co New |
Opened
14,741
|
$854,388,000 | 0.07% |
| Meta Platforms Inc |
53.60%
1,728
|
$839,082,000 | 0.07% |
| Public Storage |
1.58%
2,858
|
$828,991,000 | 0.06% |
| Ishares Tr |
Closed
53,449
|
$1,290,941,000 | |
| Pure Storage Inc |
No change
15,798
|
$821,338,000 | 0.06% |
| Select Sector Spdr Tr |
Opened
5,477
|
$809,117,000 | 0.06% |
| Duke Energy Corp. |
1.38%
8,160
|
$789,154,000 | 0.06% |
| Snowflake Inc. |
Closed
5,163
|
$788,752,000 | |
| Idex Corporation |
No change
3,221
|
$785,988,000 | 0.06% |
| Brookfield Corp |
82.83%
18,272
|
$765,049,000 | 0.06% |
| Vertex Energy Inc |
No change
538,775
|
$754,285,000 | 0.06% |
| Dollar Gen Corp New |
19.59%
4,816
|
$751,585,000 | 0.06% |
| Pioneer Nat Res Co |
13.74%
2,862
|
$751,275,000 | 0.06% |
| Cummins Inc. |
Opened
2,491
|
$733,973,000 | 0.06% |
| Netflix Inc. |
13.44%
1,198
|
$727,581,000 | 0.06% |
| Discover Finl Svcs |
Opened
5,500
|
$720,995,000 | 0.06% |
| Nucor Corp. |
4.57%
3,551
|
$702,743,000 | 0.05% |
| Illinois Tool Wks Inc |
24.91%
2,596
|
$696,546,000 | 0.05% |
| Emerson Elec Co |
Opened
6,093
|
$691,068,000 | 0.05% |
| Enbridge Inc |
No change
17,266
|
$624,684,000 | 0.05% |
| Lowes Cos Inc |
10.67%
2,186
|
$556,840,000 | 0.04% |
| Paychex Inc. |
16.93%
4,497
|
$552,232,000 | 0.04% |
| Abbott Labs |
10.99%
4,566
|
$518,946,000 | 0.04% |
| United Parcel Service, Inc. |
17.02%
3,404
|
$505,963,000 | 0.04% |
| Republic Svcs Inc |
0.94%
2,577
|
$493,341,000 | 0.04% |
| Alps Etf Tr |
12.65%
10,375
|
$492,398,000 | 0.04% |
| Kenvue Inc |
Closed
24,502
|
$492,000,000 | |
| Ameriprise Finl Inc |
Opened
1,101
|
$482,722,000 | 0.04% |
| Broadridge Finl Solutions In |
No change
2,244
|
$459,706,000 | 0.04% |
| Proshares Tr |
7.97%
7,395
|
$455,236,000 | 0.04% |
| Invesco Exch Traded Fd Tr Ii |
0.66%
6,520
|
$429,493,000 | 0.03% |
| Sysco Corp. |
9.08%
5,287
|
$429,180,000 | 0.03% |
| Humana Inc. |
Closed
878
|
$427,165,000 | |
| World Gold Tr |
No change
9,500
|
$418,475,000 | 0.03% |
| Invesco Exch Trd Slf Idx Fd |
Opened
39,010
|
$703,991,000 | 0.06% |
| Honeywell International Inc |
96.30%
2,032
|
$417,068,000 | 0.03% |
| Constellation Energy Corp |
No change
2,239
|
$413,879,000 | 0.03% |
| Devon Energy Corp. |
24.14%
8,152
|
$409,067,000 | 0.03% |
| Johnson Johnson |
96.18%
2,552
|
$403,690,000 | 0.03% |
| Northrop Grumman Corp. |
No change
836
|
$400,160,000 | 0.03% |
| Ecolab, Inc. |
11.01%
1,705
|
$393,685,000 | 0.03% |
| Marathon Oil Corporation |
77.17%
13,890
|
$393,643,000 | 0.03% |
| ServiceNow Inc |
Opened
509
|
$388,062,000 | 0.03% |
| Carlyle Group Inc (The) |
No change
8,200
|
$384,662,000 | 0.03% |
| Ametek Inc |
Opened
2,090
|
$382,261,000 | 0.03% |
| Vertiv Holdings Co |
Opened
4,675
|
$381,807,000 | 0.03% |
| Cigna Group (The) |
Opened
1,027
|
$372,996,000 | 0.03% |
| Cal-Maine Foods, Inc. |
Opened
6,321
|
$371,991,000 | 0.03% |
| General Electric Co |
Opened
2,047
|
$359,310,000 | 0.03% |
| Occidental Pete Corp |
20.65%
5,405
|
$351,271,000 | 0.03% |
| Viper Energy Inc |
Opened
8,850
|
$340,371,000 | 0.03% |
| Lamar Advertising Co |
No change
2,780
|
$331,960,000 | 0.03% |
| Medtronic Plc |
Closed
4,131
|
$323,705,000 | |
| Carmax Inc |
Opened
3,589
|
$312,638,000 | 0.02% |
| TC Energy Corporation |
Closed
8,932
|
$307,350,000 | |
| Oracle Corp. |
4.58%
2,415
|
$303,348,000 | 0.02% |
| Murphy USA Inc |
No change
693
|
$290,506,000 | 0.02% |
| Travelers Companies Inc. |
Opened
1,234
|
$283,993,000 | 0.02% |
| Entergy Corp. |
1.61%
2,653
|
$280,369,000 | 0.02% |
| Ares Capital Corp |
No change
12,998
|
$270,618,000 | 0.02% |
| Littelfuse, Inc. |
No change
1,081
|
$261,980,000 | 0.02% |
| AMGEN Inc. |
Opened
901
|
$256,172,000 | 0.02% |
| Target Corp |
Opened
1,435
|
$254,238,000 | 0.02% |
| SPX Technologies Inc |
Opened
2,000
|
$246,260,000 | 0.02% |
| Morgan Stanley |
Opened
2,615
|
$246,228,000 | 0.02% |
| Tesla Inc |
74.44%
1,397
|
$245,579,000 | 0.02% |
| Invesco Exchange Traded Fd T |
Opened
4,830
|
$244,881,000 | 0.02% |
| Chubb Limited |
Opened
943
|
$244,360,000 | 0.02% |
| Kinder Morgan Inc |
6.45%
13,252
|
$243,042,000 | 0.02% |
| Becton Dickinson Co |
Closed
938
|
$242,501,000 | |
| Ishares Silver Tr |
No change
10,600
|
$241,150,000 | 0.02% |
| Deere Co |
28.85%
587
|
$241,104,000 | 0.02% |
| Expedia Group Inc |
Opened
1,746
|
$240,512,000 | 0.02% |
| Independent Bank Group Inc |
Opened
5,141
|
$234,708,000 | 0.02% |
| Exelon Corp. |
No change
6,191
|
$232,596,000 | 0.02% |
| RTX Corp |
Closed
3,223
|
$231,959,000 | |
| Kimberly-Clark Corp. |
Opened
1,788
|
$231,278,000 | 0.02% |
| Flotek Inds Inc Del |
Opened
61,420
|
$229,711,000 | 0.02% |
| Bhp Group Ltd |
Opened
3,895
|
$224,703,000 | 0.02% |
| Trane Technologies plc |
Opened
730
|
$219,146,000 | 0.02% |
| Analog Devices Inc. |
Opened
1,102
|
$217,965,000 | 0.02% |
| Intel Corp. |
Closed
6,065
|
$215,611,000 | |
| Bank America Corp |
Opened
5,681
|
$215,424,000 | 0.02% |
| TechnipFMC plc |
Opened
8,500
|
$213,435,000 | 0.02% |
| Iron Mtn Inc Del |
Opened
2,600
|
$208,546,000 | 0.02% |
| Viper Energy Inc |
Closed
7,400
|
$206,312,000 | |
| Hartford Finl Svcs Group Inc |
Opened
2,000
|
$206,100,000 | 0.02% |
| Proshares Tr |
Opened
2,001
|
$202,873,000 | 0.02% |
| Disney Walt Co |
41.18%
1,648
|
$201,690,000 | 0.02% |
| Ford Mtr Co Del |
5.15%
10,752
|
$142,787,000 | 0.01% |
| Direxion Shs Etf Tr |
Opened
15,079
|
$122,291,000 | 0.01% |
| Veru Inc |
No change
60,000
|
$42,006,000 | 0.00% |
| United States Antimony Corp. |
No change
25,300
|
$6,325,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 214 holdings | |||
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