High Pines Wealth Management 13F annual report
High Pines Wealth Management is an investment fund managing more than $60.8 billion ran by James Gibbons. There are currently 28 companies in Mr. Gibbons’s portfolio. The largest investments include Vanguard Scottsdale Fds and Vanguard Tax-managed Fds, together worth $21.9 billion.
$60.8 billion Assets Under Management (AUM)
As of 2nd November 2023, High Pines Wealth Management’s top holding is 188,793 shares of Vanguard Scottsdale Fds currently worth over $13.3 billion and making up 21.8% of the portfolio value.
In addition, the fund holds 197,159 shares of Vanguard Tax-managed Fds worth $8.62 billion.
The third-largest holding is Vanguard Index Fds worth $20.6 billion and the next is Vanguard Bd Index Fds worth $3.52 billion, with 50,412 shares owned.
Currently, High Pines Wealth Management's portfolio is worth at least $60.8 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 High Pines Wealth Management
The High Pines Wealth Management office and employees reside in Duxbury, Massachusetts. According to the last 13-F report filed with the SEC, James Gibbons serves as the Chief Compliance Officer at High Pines Wealth Management.
Recent trades
In the most recent 13F filing, High Pines Wealth Management revealed that it had opened a new position in
Chase and bought 3,234 shares worth $411 million.
This means they effectively own approximately 0.1% of the company.
Chase makes up
100.0%
of the fund's Materials sector allocation and has grown its share price by 38.5% in the past year.
The investment fund also strengthened its position in Apple Inc by buying
649 additional shares.
This makes their stake in Apple Inc total 8,448 shares worth $1.45 billion.
Apple Inc soared 34.8% in the past year.
On the other hand, there are companies that High Pines Wealth Management is getting rid of from its portfolio.
High Pines Wealth Management closed its position in Johnson Johnson on 9th November 2023.
It sold the previously owned 2,077 shares for $344 million.
James Gibbons also disclosed a decreased stake in Vanguard Scottsdale Fds by approximately 0.1%.
This leaves the value of the investment at $13.3 billion and 188,793 shares.
One of the smallest hedge funds
The two most similar investment funds to High Pines Wealth Management are Freedom Wealth Alliance and Sender Co & Partners. They manage $60.8 billion and $60.9 billion respectively.
James Gibbons investment strategy
High Pines Wealth Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 5.1% of
the total portfolio value.
The fund focuses on investments in the United States as
67.9% 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
64% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $485 billion.
The complete list of High Pines Wealth Management trades based on 13F SEC filings
These positions were updated on November 9th 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 Scottsdale Fds |
1.82%
188,793
|
$13,273,026,000 | 21.84% |
| Vanguard Tax-managed Fds |
0.82%
197,159
|
$8,619,804,000 | 14.18% |
| Vanguard Index Fds |
3.14%
100,440
|
$20,598,324,000 | 33.89% |
| Vanguard Bd Index Fds |
17.93%
50,412
|
$3,517,749,000 | 5.79% |
| Vanguard Mun Bd Fds |
11.20%
56,687
|
$2,726,645,000 | 4.49% |
| Apple Inc |
8.32%
8,448
|
$1,446,384,000 | 2.38% |
| Ishares Tr |
48.47%
14,520
|
$1,369,684,000 | 2.25% |
| Tjx Cos Inc New |
2.93%
9,363
|
$832,165,000 | 1.37% |
| Microsoft Corporation |
1.26%
2,256
|
$712,368,000 | 1.17% |
| NVIDIA Corp |
23.28%
1,575
|
$684,943,000 | 1.13% |
| Amazon.com Inc. |
25.52%
4,481
|
$569,670,000 | 0.94% |
| Jpmorgan Chase Co |
4.05%
3,856
|
$559,267,000 | 0.92% |
| Alphabet Inc |
6.64%
4,239
|
$558,907,000 | 0.92% |
| Meta Platforms Inc |
2.54%
1,653
|
$496,380,000 | 0.82% |
| Unitedhealth Group Inc |
38.14%
862
|
$434,849,000 | 0.72% |
| Visa Inc |
8.51%
1,875
|
$431,323,000 | 0.71% |
| Adobe Inc |
4.51%
846
|
$431,129,000 | 0.71% |
| Berkshire Hathaway Inc. |
12.85%
1,221
|
$427,542,000 | 0.70% |
| Chase Corp. |
Opened
3,234
|
$411,462,000 | 0.68% |
| Starbucks Corp. |
13.65%
4,480
|
$408,860,000 | 0.67% |
| Home Depot, Inc. |
42.45%
1,245
|
$376,051,000 | 0.62% |
| Johnson Johnson |
Closed
2,077
|
$343,785,000 | |
| Intuitive Surgical Inc |
2.81%
1,105
|
$323,061,000 | 0.53% |
| Disney Walt Co |
55.34%
3,913
|
$317,149,000 | 0.52% |
| Allstate Corp (The) |
2.40%
2,558
|
$285,015,000 | 0.47% |
| Tesla Inc |
33.45%
1,125
|
$281,398,000 | 0.46% |
| AMGEN Inc. |
31.37%
875
|
$235,175,000 | 0.39% |
| Costar Group, Inc. |
14.80%
3,026
|
$232,686,000 | 0.38% |
| Stryker Corp. |
Opened
823
|
$225,016,000 | 0.37% |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
Hedge funds similar to High Pines Wealth Management
- Strategic Income Management
- Dymon Asia Capital (singapore) Pte. Ltd
- Kamunting Street Capital Management, L.P.
- Sonen Capital
- Saber Capital Managment
- Sender Co & Partners
- Freedom Wealth Alliance
- Library Research Ltd
- Brigade Capital Management, L.P.
- Dynamo Administracao De Recursos Ltda
- Offit Capital Advisors
- Rosenbaum Jay D
- Arbiter Partners Capital Management
- Social Capital