Midwest Wealth Management 13F annual report
Midwest Wealth Management is an investment fund managing more than $160 million ran by Gregory Shields. There are currently 93 companies in Mr. Shields’s portfolio. The largest investments include Apple Inc and Monolithic Pwr Sys Inc Com, together worth $8.97 million.
$160 million Assets Under Management (AUM)
As of 13th January 2022, Midwest Wealth Management’s top holding is 27,614 shares of Apple Inc currently worth over $4.9 million and making up 3.1% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Midwest Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 8,244 shares of Monolithic Pwr Sys Inc Com worth $4.07 million.
The third-largest holding is Nvidia Corporation Com worth $4.03 million and the next is Broadcom Inc worth $3.85 million, with 5,784 shares owned.
Currently, Midwest Wealth Management's portfolio is worth at least $160 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 Midwest Wealth Management
The Midwest Wealth Management office and employees reside in Indianapolis, Indiana. According to the last 13-F report filed with the SEC, Gregory Shields serves as the Chief Compliance Officer at Midwest Wealth Management.
Recent trades
In the most recent 13F filing, Midwest Wealth Management revealed that it had opened a new position in
Procter And Gamble Co Com and bought 1,275 shares worth $209 thousand.
The investment fund also strengthened its position in Apple Inc by buying
928 additional shares.
This makes their stake in Apple Inc total 27,614 shares worth $4.9 million.
Apple Inc soared 25.9% in the past year.
On the other hand, there are companies that Midwest Wealth Management is getting rid of from its portfolio.
Midwest Wealth Management closed its position in Us Bancorp Del Com New on 20th January 2022.
It sold the previously owned 64,670 shares for $1.75 million.
Gregory Shields also disclosed a decreased stake in Monolithic Pwr Sys Inc Com by approximately 0.1%.
This leaves the value of the investment at $4.07 million and 8,244 shares.
One of the smallest hedge funds
The two most similar investment funds to Midwest Wealth Management are Research Affiliates and Tacita Capital Inc. They manage $160 million and $160 million respectively.
Gregory Shields investment strategy
Midwest Wealth Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 8.9% of
the total portfolio value.
The fund focuses on investments in the United States as
22.6% 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
19% of the total holdings value.
On the other hand, small-cap stocks make up only 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $206 billion.
The complete list of Midwest Wealth Management trades based on 13F SEC filings
These positions were updated on January 20th 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 |
3.48%
27,614
|
$4,903,000 | 3.07% |
| Monolithic Pwr Sys Inc Com |
1.86%
8,244
|
$4,067,000 | 2.54% |
| Nvidia Corporation Com |
1.54%
13,696
|
$4,028,000 | 2.52% |
| Broadcom Inc |
1.53%
5,784
|
$3,849,000 | 2.41% |
| Manhattan Associates, Inc. |
0.73%
22,663
|
$3,524,000 | 2.20% |
| Technology Select Sector Spdr Fund |
0.85%
19,688
|
$3,423,000 | 2.14% |
| Adobe Systems Incorporated Com |
4.52%
6,008
|
$3,407,000 | 2.13% |
| Unitedhealth Group Inc |
2.54%
6,770
|
$3,399,000 | 2.13% |
| Lowes Cos Inc Com |
2.59%
13,128
|
$3,393,000 | 2.12% |
| Nike, Inc. |
2.55%
19,469
|
$3,245,000 | 2.03% |
| Thermo Fisher Scientific Inc. |
3.34%
4,335
|
$2,892,000 | 1.81% |
| Advanced Micro Devices Inc. |
0.91%
20,074
|
$2,889,000 | 1.81% |
| Eaton Vance Enhanced Equity In Com |
0.57%
110,569
|
$2,719,000 | 1.70% |
| Microsoft Corp Com |
11.74%
7,767
|
$2,612,000 | 1.63% |
| Kkr Co Inc Com |
4.71%
34,271
|
$2,553,000 | 1.60% |
| Devon Energy Corp New Com |
6.99%
57,714
|
$2,542,000 | 1.59% |
| Disney Walt Co Com |
4.48%
16,139
|
$2,500,000 | 1.56% |
| Callaway Golf Co Com |
8.46%
89,517
|
$2,456,000 | 1.54% |
| Caesars Entertainment Inc New Com |
1.83%
26,120
|
$2,443,000 | 1.53% |
| Applied Matls Inc Com |
1.52%
15,439
|
$2,429,000 | 1.52% |
| Visa Inc |
4.88%
11,001
|
$2,384,000 | 1.49% |
| Jpmorgan Chase Co Com |
4.37%
14,961
|
$2,369,000 | 1.48% |
| Paypal Hldgs Inc Com |
5.21%
12,202
|
$2,301,000 | 1.44% |
| Starbucks Corp Com |
7.65%
18,990
|
$2,221,000 | 1.39% |
| Onemain Hldgs Inc Com |
11.83%
44,284
|
$2,216,000 | 1.39% |
| Salesforce.Com Inc |
4.58%
8,583
|
$2,181,000 | 1.36% |
| Prologis Inc. Com |
3.38%
12,831
|
$2,160,000 | 1.35% |
| Zoetis Inc |
4.24%
8,803
|
$2,148,000 | 1.34% |
| Citizens Finl Group Inc Com |
4.98%
45,010
|
$2,127,000 | 1.33% |
| Eaton Corp Plc Shs |
4.18%
12,232
|
$2,114,000 | 1.32% |
| Johnson Johnson Com |
10.88%
12,099
|
$2,070,000 | 1.29% |
| Gxo Logistics Incorporated Common Stock |
16.97%
22,675
|
$2,060,000 | 1.29% |
| Honeywell Intl Inc Com |
17.54%
9,670
|
$2,016,000 | 1.26% |
| Parker-hannifin Corp Com |
5.94%
6,258
|
$1,991,000 | 1.25% |
| Main Str Cap Corp Com |
8.12%
42,839
|
$1,922,000 | 1.20% |
| Ares Capital Corp Com |
7.79%
90,450
|
$1,917,000 | 1.20% |
| Micron Technology Inc. |
4.49%
20,004
|
$1,863,000 | 1.17% |
| Oneok Inc New Com |
9.44%
31,012
|
$1,822,000 | 1.14% |
| Fs Kkr Cap Corp Com |
13.57%
86,136
|
$1,804,000 | 1.13% |
| XPO Logistics Inc |
20.79%
23,041
|
$1,784,000 | 1.12% |
| Pnc Finl Svcs Group Inc Com |
19.06%
8,756
|
$1,756,000 | 1.10% |
| Us Bancorp Del Com New |
Closed
64,670
|
$1,747,000 | |
| Huntington Bancshares, Inc. |
16.94%
113,078
|
$1,744,000 | 1.09% |
| Boeing Co Com |
8.24%
8,527
|
$1,717,000 | 1.07% |
| Envista Holdings Corporation Com |
7.06%
37,976
|
$1,711,000 | 1.07% |
| Boston Scientific Corp Com |
8.18%
39,999
|
$1,699,000 | 1.06% |
| Williams Cos Inc |
12.04%
63,072
|
$1,642,000 | 1.03% |
| Stryker Corporation Com |
8.97%
6,085
|
$1,627,000 | 1.02% |
| Vici Pptys Inc Com |
9.85%
53,846
|
$1,621,000 | 1.01% |
| Elanco Animal Health Inc |
53.64%
56,755
|
$1,611,000 | 1.01% |
| Electronic Arts, Inc. |
7.83%
12,209
|
$1,610,000 | 1.01% |
| Olin Corp Com Par $1 |
35.47%
27,903
|
$1,605,000 | 1.00% |
| Aon Plc Shs Cl A |
11.61%
5,337
|
$1,604,000 | 1.00% |
| First Amern Finl Corp Com |
6.77%
20,222
|
$1,582,000 | 0.99% |
| Halliburton Co Com |
14.13%
68,378
|
$1,564,000 | 0.98% |
| Conocophillips Com |
32.76%
21,603
|
$1,559,000 | 0.98% |
| Stitch Fix Inc |
Closed
32,292
|
$1,555,000 | |
| Atricure Inc |
9.21%
22,109
|
$1,537,000 | 0.96% |
| Evergy Inc |
6.96%
22,238
|
$1,526,000 | 0.95% |
| Weyerhaeuser Co Mtn Be Com New |
6.43%
37,038
|
$1,525,000 | 0.95% |
| D.R. Horton Inc. |
4.89%
13,948
|
$1,513,000 | 0.95% |
| Firstenergy Corp Com |
13.48%
36,353
|
$1,512,000 | 0.95% |
| Home Depot, Inc. |
Closed
19,297
|
$1,493,000 | |
| Hilton Worldwide Hldgs Inc Com |
5.89%
9,194
|
$1,434,000 | 0.90% |
| Ladder Cap Corp Cl A |
14.02%
116,535
|
$1,397,000 | 0.87% |
| Medtronic Plc Shs |
10.98%
13,333
|
$1,379,000 | 0.86% |
| Mgic Invt Corp Wis Com |
5.28%
93,077
|
$1,342,000 | 0.84% |
| Community Healthcare Tr Inc Com |
18.13%
28,198
|
$1,333,000 | 0.83% |
| Dte Energy Co Com |
20.17%
10,976
|
$1,312,000 | 0.82% |
| Manulife Finl Corp Com |
7.63%
68,450
|
$1,305,000 | 0.82% |
| Healthcare Tr Amer Inc Cl A New |
6.99%
37,844
|
$1,264,000 | 0.79% |
| Citigroup Inc Com New |
5.11%
20,689
|
$1,249,000 | 0.78% |
| Sempra Com |
26.56%
9,197
|
$1,217,000 | 0.76% |
| Bristol-myers Squibb Co Com |
8.34%
19,203
|
$1,197,000 | 0.75% |
| New Residential Invt Corp Com New |
14.13%
111,086
|
$1,190,000 | 0.74% |
| Orthopediatrics Corp Com |
No change
19,461
|
$1,165,000 | 0.73% |
| Overstock Com Inc Del Com |
7.24%
14,893
|
$879,000 | 0.55% |
| Stoneco Ltd Com Cl A |
Closed
15,073
|
$523,000 | |
| Invesco QQQ Trust |
24.37%
1,189
|
$473,000 | 0.30% |
| DocuSign Inc |
Closed
27,931
|
$448,000 | |
| Consumer Discretionary Select Sector Spdr Fund |
0.10%
2,054
|
$420,000 | 0.26% |
| Schwab U.s. Large-cap Etf |
No change
3,606
|
$410,000 | 0.26% |
| Blackstone Inc |
7.47%
3,033
|
$392,000 | 0.25% |
| Spdr Portfolio Tips Etf |
1.38%
12,183
|
$384,000 | 0.24% |
| Spdr Portfolio Short Term Treasury Etf |
No change
11,480
|
$349,000 | 0.22% |
| Spdr Portfolio Sp 500 High Dividend Etf |
Closed
2,421
|
$337,000 | |
| Spdr Bloomberg 1-3 Month T-bill Etf |
No change
3,538
|
$323,000 | 0.20% |
| Anthem Inc |
No change
650
|
$301,000 | 0.19% |
| Blackrock Short Maturity Bond Etf |
No change
6,000
|
$300,000 | 0.19% |
| Exact Sciences Corp Com |
24.41%
3,859
|
$300,000 | 0.19% |
| Apollo Global Mgmt Inc Com |
No change
4,023
|
$291,000 | 0.18% |
| American Elec Pwr Co Inc Com |
No change
2,692
|
$240,000 | 0.15% |
| Schwab U.s. Broad Market Etf |
No change
2,069
|
$234,000 | 0.15% |
| Alerian Mlp Etf |
7.87%
6,814
|
$223,000 | 0.14% |
| Procter And Gamble Co Com |
Opened
1,275
|
$209,000 | 0.13% |
| Schlumberger Ltd Com Stk |
Closed
470
|
$202,000 | |
| Ishares Core Msci Eafe Etf |
Opened
2,689
|
$201,000 | 0.13% |
| Braemar Hotels Resorts Inc Com |
No change
14,400
|
$73,000 | 0.05% |
| Presidio Ppty Tr Inc Com Cl A |
61.77%
14,923
|
$58,000 | 0.04% |
| Amarin Corp Plc Spons Adr New |
No change
11,445
|
$39,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 100 holdings | |||
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