Adams Wealth Management 13F annual report
Adams Wealth Management is an investment fund managing more than $434 billion ran by Chris Marks. There are currently 73 companies in Mr. Marks’s portfolio. The largest investments include Schwab Strategic Tr and Proshares Tr, together worth $116 billion.
$434 billion Assets Under Management (AUM)
As of 9th July 2024, Adams Wealth Management’s top holding is 1,095,561 shares of Schwab Strategic Tr currently worth over $68.5 billion and making up 15.8% of the portfolio value.
In addition, the fund holds 579,609 shares of Proshares Tr worth $47.9 billion.
The third-largest holding is Direxion Shs Etf Tr worth $37.1 billion and the next is Ishares Tr worth $67.3 billion, with 828,609 shares owned.
Currently, Adams Wealth Management's portfolio is worth at least $434 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 Adams Wealth Management
The Adams Wealth Management office and employees reside in Logan, Utah. According to the last 13-F report filed with the SEC, Chris Marks serves as the Compliance Consultant at Adams Wealth Management.
Recent trades
In the most recent 13F filing, Adams Wealth Management revealed that it had opened a new position in
TTM Technologies Inc and bought 40,116 shares worth $779 million.
This means they effectively own approximately 0.1% of the company.
TTM Technologies Inc makes up
2.6%
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 Proshares Tr by buying
26,065 additional shares.
This makes their stake in Proshares Tr total 579,609 shares worth $47.9 billion.
On the other hand, there are companies that Adams Wealth Management is getting rid of from its portfolio.
Adams Wealth Management closed its position in J P Morgan Exchange Traded F on 16th July 2024.
It sold the previously owned 7,072 shares for $357 million.
Chris Marks also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%.
This leaves the value of the investment at $68.5 billion and 1,095,561 shares.
One of the average hedge funds
The two most similar investment funds to Adams Wealth Management are Private Wealth Strategies, L.L.C and Family Management Corp. They manage $434 billion and $435 billion respectively.
Chris Marks investment strategy
Adams Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 6.9% of
the total portfolio value.
The fund focuses on investments in the United States as
42.5% 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
36% of the total holdings value.
On the other hand, small-cap stocks make up only 1.4% of the portfolio.
The average market cap of the portfolio companies is close to $268 billion.
The complete list of Adams Wealth Management trades based on 13F SEC filings
These positions were updated on July 16th 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 |
|---|---|---|---|
| Schwab Strategic Tr |
0.08%
1,095,561
|
$68,549,400,000 | 15.78% |
| Proshares Tr |
4.71%
579,609
|
$47,875,706,000 | 11.02% |
| Direxion Shs Etf Tr |
0.78%
281,551
|
$37,066,995,000 | 8.53% |
| Ishares Tr |
5.12%
828,609
|
$67,313,572,000 | 15.50% |
| Vanguard Index Fds |
5.71%
83,608
|
$25,722,861,000 | 5.92% |
| Invesco Exchange Traded Fd T |
5.66%
261,152
|
$12,545,721,000 | 2.89% |
| Janus Detroit Str Tr |
5.65%
226,275
|
$11,128,181,000 | 2.56% |
| Blackrock Etf Trust Ii |
11.92%
213,361
|
$11,081,992,000 | 2.55% |
| Spdr Ser Tr |
6.13%
327,134
|
$22,638,454,000 | 5.21% |
| Wisdomtree Tr |
1.95%
79,056
|
$8,919,111,000 | 2.05% |
| NVIDIA Corp |
882.42%
63,140
|
$7,800,259,000 | 1.80% |
| Microsoft Corporation |
2.66%
17,060
|
$7,624,898,000 | 1.76% |
| BondBloxx ETF Trust |
6.87%
197,716
|
$7,392,594,000 | 1.70% |
| Ishares Inc |
3.06%
205,497
|
$7,367,072,000 | 1.70% |
| Vanguard Scottsdale Fds |
11.43%
67,583
|
$5,401,892,000 | 1.24% |
| First Tr Exchange-traded Fd |
7.29%
133,242
|
$7,612,034,000 | 1.75% |
| Arm Holdings Plc |
5.12%
23,011
|
$3,765,060,000 | 0.87% |
| Pgim Etf Tr |
15.15%
107,364
|
$3,702,993,000 | 0.85% |
| Alphabet Inc |
1.57%
18,937
|
$3,452,277,000 | 0.79% |
| Taiwan Semiconductor Mfg Ltd |
0.46%
17,225
|
$2,993,903,000 | 0.69% |
| Amazon.com Inc. |
8.10%
15,238
|
$2,944,736,000 | 0.68% |
| Super Micro Computer Inc |
15.19%
3,549
|
$2,907,873,000 | 0.67% |
| Apple Inc |
8.80%
13,245
|
$2,789,571,000 | 0.64% |
| Humana Inc. |
23.91%
7,396
|
$2,763,358,000 | 0.64% |
| Advanced Micro Devices Inc. |
31.26%
16,356
|
$2,653,076,000 | 0.61% |
| Datadog Inc |
16.60%
20,249
|
$2,626,093,000 | 0.60% |
| Trubridge Inc |
16.26%
261,165
|
$2,611,650,000 | 0.60% |
| Mgic Invt Corp Wis |
10.38%
119,015
|
$2,564,771,000 | 0.59% |
| Cigna Group (The) |
10.65%
7,441
|
$2,459,931,000 | 0.57% |
| Devon Energy Corp. |
7.27%
51,826
|
$2,456,542,000 | 0.57% |
| Conocophillips |
10.67%
21,120
|
$2,415,724,000 | 0.56% |
| SM Energy Co |
6.13%
55,767
|
$2,410,788,000 | 0.56% |
| Installed Bldg Prods Inc |
10.85%
11,433
|
$2,351,481,000 | 0.54% |
| GMS Inc |
9.39%
27,780
|
$2,239,346,000 | 0.52% |
| Atkore Inc |
15.80%
16,451
|
$2,219,676,000 | 0.51% |
| Sysco Corp. |
17.00%
28,822
|
$2,057,629,000 | 0.47% |
| Ssga Active Etf Tr |
20.25%
34,655
|
$1,448,579,000 | 0.33% |
| Pimco Etf Tr |
1.84%
14,357
|
$1,445,032,000 | 0.33% |
| Invesco Exch Traded Fd Tr Ii |
0.55%
64,332
|
$1,353,545,000 | 0.31% |
| VanEck ETF Trust |
6.68%
34,485
|
$1,339,873,000 | 0.31% |
| Qualcomm, Inc. |
20.08%
5,327
|
$1,061,061,000 | 0.24% |
| Seagate Technology Hldngs Pl |
8.51%
9,920
|
$1,024,438,000 | 0.24% |
| Abbvie Inc |
16.54%
5,014
|
$860,001,000 | 0.20% |
| Packaging Corp Amer |
18.81%
4,438
|
$810,128,000 | 0.19% |
| Extra Space Storage Inc. |
19.51%
5,137
|
$798,400,000 | 0.18% |
| Emerson Elec Co |
19.80%
7,154
|
$788,063,000 | 0.18% |
| TTM Technologies Inc |
Opened
40,116
|
$779,454,000 | 0.18% |
| Principal Financial Group In |
21.61%
9,588
|
$752,163,000 | 0.17% |
| Coca-Cola Co |
16.48%
11,346
|
$722,173,000 | 0.17% |
| Philip Morris International Inc |
21.08%
6,813
|
$690,361,000 | 0.16% |
| Helmerich Payne Inc |
19.46%
18,657
|
$674,248,000 | 0.16% |
| Att Inc |
22.97%
31,866
|
$608,965,000 | 0.14% |
| Enbridge Inc |
21.66%
16,622
|
$591,577,000 | 0.14% |
| Pfizer Inc. |
20.19%
20,667
|
$578,276,000 | 0.13% |
| Ltc Pptys Inc |
23.45%
16,371
|
$564,804,000 | 0.13% |
| Verizon Communications Inc |
23.00%
13,629
|
$562,060,000 | 0.13% |
| Dominion Energy Inc |
25.71%
10,938
|
$535,972,000 | 0.12% |
| Boston Properties Inc |
18.93%
8,674
|
$533,971,000 | 0.12% |
| First Amern Finl Corp |
18.92%
9,853
|
$531,559,000 | 0.12% |
| Elevance Health Inc |
37.55%
956
|
$518,018,000 | 0.12% |
| Wp Carey Inc |
20.36%
9,311
|
$512,571,000 | 0.12% |
| Meta Platforms Inc |
Opened
939
|
$473,463,000 | 0.11% |
| Jpmorgan Chase Co. |
No change
1,869
|
$377,972,000 | 0.09% |
| Franklin Templeton Etf Tr |
15.45%
15,335
|
$374,327,000 | 0.09% |
| Eli Lilly Co |
17.19%
409
|
$370,689,000 | 0.09% |
| J P Morgan Exchange Traded F |
Closed
7,072
|
$356,782,000 | |
| Pinterest Inc |
Opened
7,746
|
$341,366,000 | 0.08% |
| Adobe Inc |
Opened
609
|
$338,324,000 | 0.08% |
| Tesla Inc |
1.27%
1,637
|
$323,930,000 | 0.07% |
| Caterpillar Inc. |
No change
876
|
$291,796,000 | 0.07% |
| Netflix Inc. |
Opened
426
|
$287,499,000 | 0.07% |
| Spdr Ser Tr |
Closed
2,660
|
$244,188,000 | |
| Dbx Etf Tr |
6.89%
6,844
|
$242,688,000 | 0.06% |
| Mcdonalds Corp |
No change
800
|
$203,827,000 | 0.05% |
| Procter And Gamble Co |
No change
1,235
|
$203,680,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 75 holdings | |||
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