Phoenix Wealth Advisors 13F annual report
Phoenix Wealth Advisors is an investment fund managing more than $199 billion ran by Malcolm Migel. There are currently 110 companies in Mr. Migel’s portfolio. The largest investments include Apple Inc and Amplify Etf Tr, together worth $32.7 billion.
$199 billion Assets Under Management (AUM)
As of 10th July 2024, Phoenix Wealth Advisors’s top holding is 84,096 shares of Apple Inc currently worth over $17.7 billion and making up 8.9% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Phoenix Wealth Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 386,334 shares of Amplify Etf Tr worth $15 billion.
The third-largest holding is Microsoft worth $9.69 billion and the next is Berkshire Hathaway worth $8.43 billion, with 20,724 shares owned.
Currently, Phoenix Wealth Advisors's portfolio is worth at least $199 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 Phoenix Wealth Advisors
The Phoenix Wealth Advisors office and employees reside in Chapel Hill, North Carolina. According to the last 13-F report filed with the SEC, Malcolm Migel serves as the Chief Compliance Officer at Phoenix Wealth Advisors.
Recent trades
In the most recent 13F filing, Phoenix Wealth Advisors revealed that it had opened a new position in
NextEra Inc and bought 24,314 shares worth $1.72 billion.
This means they effectively own approximately 0.1% of the company.
NextEra Inc makes up
71.3%
of the fund's Utilities sector allocation and has decreased its share price by 1.0% in the past year.
The investment fund also strengthened its position in Apple Inc by buying
51,860 additional shares.
This makes their stake in Apple Inc total 84,096 shares worth $17.7 billion.
Apple Inc soared 20.8% in the past year.
On the other hand, there are companies that Phoenix Wealth Advisors is getting rid of from its portfolio.
Phoenix Wealth Advisors closed its position in Intel on 17th July 2024.
It sold the previously owned 4,853 shares for $214 million.
Malcolm Migel also disclosed a decreased stake in Eaton Corp Plc by 0.2%.
This leaves the value of the investment at $4.28 billion and 13,648 shares.
One of the smallest hedge funds
The two most similar investment funds to Phoenix Wealth Advisors are Hilltop Wealth Advisors and Ardent Capital Management. They manage $199 billion and $199 billion respectively.
Malcolm Migel investment strategy
Phoenix Wealth Advisors’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 13.4% of
the total portfolio value.
The fund focuses on investments in the United States as
54.5% 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
55% of the total holdings value.
On the other hand, small-cap stocks make up only 2.7% of the portfolio.
The average market cap of the portfolio companies is close to $197 billion.
The complete list of Phoenix Wealth Advisors trades based on 13F SEC filings
These positions were updated on July 17th 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 |
|---|---|---|---|
| Apple Inc |
160.88%
84,096
|
$17,712,300,000 | 8.89% |
| Amplify Etf Tr |
108.17%
386,334
|
$14,951,126,000 | 7.50% |
| Microsoft Corporation |
0.79%
21,678
|
$9,689,159,000 | 4.86% |
| Berkshire Hathaway Inc. |
121.84%
20,724
|
$8,430,524,000 | 4.23% |
| Ishares Tr |
38.31%
354,035
|
$20,443,457,000 | 10.26% |
| Vanguard Tax-managed Fds |
9.05%
88,502
|
$4,373,777,000 | 2.20% |
| Eaton Corp Plc |
17.36%
13,648
|
$4,279,331,000 | 2.15% |
| Jpmorgan Chase Co |
2.23%
19,393
|
$3,922,428,000 | 1.97% |
| Walmart Inc |
1.28%
57,479
|
$3,891,918,000 | 1.95% |
| Spdr Ser Tr |
15.42%
75,243
|
$3,667,344,000 | 1.84% |
| Broadcom Inc. |
6.56%
2,250
|
$3,612,442,000 | 1.81% |
| Merck Co Inc |
1.34%
28,244
|
$3,496,969,000 | 1.76% |
| Tcw Transform Etf Trust |
2.11%
52,583
|
$3,343,227,000 | 1.68% |
| Motorola Solutions Inc |
3.55%
8,535
|
$3,294,937,000 | 1.65% |
| Johnson Johnson |
4.05%
22,120
|
$3,233,048,000 | 1.62% |
| Cisco Sys Inc |
0.12%
67,030
|
$3,184,589,000 | 1.60% |
| Marathon Pete Corp |
5.48%
18,324
|
$3,178,847,000 | 1.60% |
| Home Depot, Inc. |
1.67%
9,084
|
$3,127,076,000 | 1.57% |
| Chubb Limited |
7.39%
11,268
|
$2,874,241,000 | 1.44% |
| Devon Energy Corp. |
5.12%
57,877
|
$2,743,370,000 | 1.38% |
| Verizon Communications Inc |
69.24%
65,672
|
$2,708,313,000 | 1.36% |
| Union Pac Corp |
1.02%
11,846
|
$2,680,276,000 | 1.35% |
| Air Prods Chems Inc |
1.49%
9,904
|
$2,555,728,000 | 1.28% |
| Comcast Corp New |
2.18%
61,424
|
$2,405,363,000 | 1.21% |
| Medtronic Plc |
1.21%
30,170
|
$2,374,681,000 | 1.19% |
| CME Group Inc |
0.50%
12,012
|
$2,361,559,000 | 1.19% |
| Johnson Ctls Intl Plc |
2.55%
35,251
|
$2,343,134,000 | 1.18% |
| Vanguard Scottsdale Fds |
6.11%
16,975
|
$2,275,899,000 | 1.14% |
| Darden Restaurants, Inc. |
0.84%
14,882
|
$2,251,944,000 | 1.13% |
| J P Morgan Exchange Traded F |
3.55%
43,403
|
$2,190,549,000 | 1.10% |
| Invesco Exchange Traded Fd T |
33.24%
10,519
|
$1,728,061,000 | 0.87% |
| NextEra Energy Inc |
Opened
24,314
|
$1,721,674,000 | 0.86% |
| Raymond James Finl Inc |
Opened
13,132
|
$1,623,246,000 | 0.81% |
| Best Buy Co. Inc. |
1.27%
19,244
|
$1,622,077,000 | 0.81% |
| Public Svc Enterprise Grp In |
Opened
21,852
|
$1,610,493,000 | 0.81% |
| Spdr Index Shs Fds |
17.80%
42,171
|
$1,588,582,000 | 0.80% |
| Pimco Etf Tr |
1.14%
14,777
|
$1,487,305,000 | 0.75% |
| Fastenal Co. |
14.23%
22,357
|
$1,405,002,000 | 0.71% |
| NVIDIA Corp |
898.71%
10,037
|
$1,239,971,000 | 0.62% |
| Pepsico Inc |
3.13%
7,342
|
$1,210,907,000 | 0.61% |
| Honeywell International Inc |
28.33%
5,585
|
$1,192,655,000 | 0.60% |
| Danaher Corp. |
9.07%
4,641
|
$1,159,659,000 | 0.58% |
| Procter And Gamble Co |
4.92%
6,954
|
$1,146,905,000 | 0.58% |
| Costco Whsl Corp New |
0.23%
1,316
|
$1,118,587,000 | 0.56% |
| Lockheed Martin Corp. |
15.01%
2,067
|
$965,496,000 | 0.48% |
| Global X Fds |
0.99%
139,261
|
$3,228,607,000 | 1.62% |
| Alps Etf Tr |
0.84%
25,851
|
$868,139,000 | 0.44% |
| Ark Etf Tr |
0.96%
10,886
|
$849,435,000 | 0.43% |
| AMGEN Inc. |
1.43%
2,693
|
$841,465,000 | 0.42% |
| Invesco Exch Traded Fd Tr Ii |
0.97%
15,087
|
$834,160,000 | 0.42% |
| Managed Portfolio Series |
0.96%
18,088
|
$819,206,000 | 0.41% |
| Sprott Fds Tr |
0.66%
15,395
|
$758,050,000 | 0.38% |
| Adobe Inc |
No change
1,361
|
$756,090,000 | 0.38% |
| Amazon.com Inc. |
10.86%
3,890
|
$751,742,000 | 0.38% |
| Exxon Mobil Corp. |
85.76%
6,002
|
$690,945,000 | 0.35% |
| Chevron Corp. |
156.68%
4,243
|
$663,690,000 | 0.33% |
| Texas Instrs Inc |
3.06%
3,386
|
$658,679,000 | 0.33% |
| Oracle Corp. |
7.52%
4,504
|
$635,873,000 | 0.32% |
| Ishares Gold Tr |
6.77%
12,967
|
$569,645,000 | 0.29% |
| Garmin Ltd |
2.73%
3,458
|
$563,314,000 | 0.28% |
| Valero Energy Corp. |
12.66%
3,568
|
$559,320,000 | 0.28% |
| Alphabet Inc |
25.62%
5,659
|
$1,034,241,000 | 0.52% |
| American Express Co. |
6.91%
2,197
|
$508,495,000 | 0.26% |
| Vanguard Index Fds |
29.38%
1,346
|
$503,417,000 | 0.25% |
| Dominion Energy Inc |
0.52%
9,895
|
$484,855,000 | 0.24% |
| Stryker Corp. |
10.95%
1,419
|
$482,831,000 | 0.24% |
| National Fuel Gas Co. |
0.59%
8,842
|
$479,148,000 | 0.24% |
| Paychex Inc. |
2.69%
3,819
|
$452,730,000 | 0.23% |
| Cencora Inc. |
0.92%
1,979
|
$445,869,000 | 0.22% |
| Ecolab, Inc. |
3.84%
1,866
|
$444,170,000 | 0.22% |
| Ulta Beauty Inc |
1.17%
1,125
|
$434,104,000 | 0.22% |
| Abbvie Inc |
1.66%
2,455
|
$421,082,000 | 0.21% |
| Palo Alto Networks Inc |
No change
1,225
|
$415,287,000 | 0.21% |
| Archer Daniels Midland Co. |
0.70%
6,751
|
$408,098,000 | 0.20% |
| Harbor ETF Trust |
No change
16,030
|
$405,399,000 | 0.20% |
| Eli Lilly Co |
No change
436
|
$394,746,000 | 0.20% |
| Tesla Inc |
12.84%
1,874
|
$370,827,000 | 0.19% |
| Williams Cos Inc |
Opened
8,475
|
$360,188,000 | 0.18% |
| L3Harris Technologies Inc |
4.44%
1,599
|
$359,059,000 | 0.18% |
| Innovator ETFs Trust |
No change
9,560
|
$358,596,000 | 0.18% |
| Blackrock Inc. |
4.15%
452
|
$355,776,000 | 0.18% |
| Barrick Gold Corp. |
10.53%
21,279
|
$354,934,000 | 0.18% |
| Snap-on, Inc. |
1.28%
1,341
|
$350,524,000 | 0.18% |
| Gentex Corp. |
3.09%
10,196
|
$343,631,000 | 0.17% |
| International Business Machs |
0.66%
1,978
|
$342,095,000 | 0.17% |
| Spotify Technology S.A. |
No change
1,080
|
$338,893,000 | 0.17% |
| Mastercard Incorporated |
2.43%
717
|
$316,312,000 | 0.16% |
| Blackstone Inc |
Opened
2,425
|
$300,215,000 | 0.15% |
| Nucor Corp. |
No change
1,895
|
$299,562,000 | 0.15% |
| Abbott Labs |
58.81%
2,865
|
$297,702,000 | 0.15% |
| Kimberly-Clark Corp. |
No change
2,152
|
$297,406,000 | 0.15% |
| Visa Inc |
37.21%
1,132
|
$297,116,000 | 0.15% |
| Mcdonalds Corp |
1.78%
1,143
|
$291,282,000 | 0.15% |
| Vanguard Specialized Funds |
Opened
1,587
|
$289,707,000 | 0.15% |
| General Mls Inc |
0.90%
4,485
|
$283,721,000 | 0.14% |
| Pfizer Inc. |
No change
10,064
|
$281,591,000 | 0.14% |
| PayPal Holdings Inc |
0.82%
4,461
|
$258,896,000 | 0.13% |
| Fortive Corp |
1.26%
3,460
|
$256,371,000 | 0.13% |
| Price T Rowe Group Inc |
3.13%
2,205
|
$254,265,000 | 0.13% |
| Unitedhealth Group Inc |
Opened
488
|
$248,519,000 | 0.12% |
| Sysco Corp. |
3.13%
3,328
|
$237,673,000 | 0.12% |
| Akamai Technologies Inc |
3.11%
2,623
|
$236,272,000 | 0.12% |
| Qualcomm, Inc. |
No change
1,185
|
$236,028,000 | 0.12% |
| Conagra Brands Inc |
0.47%
8,283
|
$235,403,000 | 0.12% |
| Lowes Cos Inc |
2.51%
1,062
|
$234,129,000 | 0.12% |
| Autodesk Inc. |
No change
919
|
$227,407,000 | 0.11% |
| C.H. Robinson Worldwide, Inc. |
Opened
2,464
|
$217,106,000 | 0.11% |
| Intel Corp. |
Closed
4,853
|
$214,357,000 | |
| Exelon Corp. |
2.70%
6,004
|
$207,809,000 | 0.10% |
| Invesco Muni Income Opp Trst |
8.54%
11,235
|
$71,342,000 | 0.04% |
| Allogene Therapeutics Inc |
Opened
13,000
|
$30,290,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 111 holdings | |||
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