Cherrydale Wealth Management 13F annual report

Cherrydale Wealth Management is an investment fund managing more than $225 billion ran by Jordan Szekely. There are currently 48 companies in Mr. Szekely’s portfolio. The largest investments include Vanguard Index Fds and Dimensional Etf Trust, together worth $131 billion.

Limited to 30 biggest holdings

$225 billion Assets Under Management (AUM)

As of 4th July 2024, Cherrydale Wealth Management’s top holding is 285,520 shares of Vanguard Index Fds currently worth over $68.3 billion and making up 30.3% of the portfolio value. In addition, the fund holds 2,046,002 shares of Dimensional Etf Trust worth $63.1 billion. The third-largest holding is Ishares Tr worth $36.4 billion and the next is Vanguard Star Fds worth $16.8 billion, with 278,468 shares owned.

Currently, Cherrydale Wealth Management's portfolio is worth at least $225 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 Cherrydale Wealth Management

The Cherrydale Wealth Management office and employees reside in Hoboken, New Jersey. According to the last 13-F report filed with the SEC, Jordan Szekely serves as the Founder & Managing Partner at Cherrydale Wealth Management.

Recent trades

In the most recent 13F filing, Cherrydale Wealth Management revealed that it had opened a new position in Grayscale Bitcoin Tr Btc and bought 13,531 shares worth $720 million.

The investment fund also strengthened its position in Vanguard Index Fds by buying 12,295 additional shares. This makes their stake in Vanguard Index Fds total 285,520 shares worth $68.3 billion.

On the other hand, there are companies that Cherrydale Wealth Management is getting rid of from its portfolio. Cherrydale Wealth Management closed its position in Johnson Johnson on 11th July 2024. It sold the previously owned 1,754 shares for $277 million. Jordan Szekely also disclosed a decreased stake in Ishares Tr by approximately 0.1%. This leaves the value of the investment at $36.4 billion and 406,859 shares.

One of the smallest hedge funds

The two most similar investment funds to Cherrydale Wealth Management are Manatuck Hill Partners and Zimmermann Investment Management & Planning. They manage $225 billion and $225 billion respectively.

Jordan Szekely investment strategy

Cherrydale Wealth Management’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Technology — making up 5.1% of the total portfolio value. The fund focuses on investments in the United States as 50.0% 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 52% of the total holdings value. On the other hand, small-cap stocks make up only 2.1% of the portfolio. The average market cap of the portfolio companies is close to $398 billion.

The complete list of Cherrydale Wealth Management trades based on 13F SEC filings

These positions were updated on July 11th 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	4.50% 285,520	$68,310,603,000	30.30%
Dimensional Etf Trust	4.74% 2,046,002	$63,089,028,000	27.98%
Ishares Tr	6.05% 406,859	$36,353,812,000	16.12%
Vanguard Star Fds	4.45% 278,468	$16,791,610,000	7.45%
Vanguard Scottsdale Fds	14.28% 30,987	$7,625,089,000	3.38%
Spdr Sp 500 Etf Tr	0.32% 8,184	$4,453,687,000	1.98%
Microsoft Corporation	11.26% 6,293	$2,812,832,000	1.25%
NVIDIA Corp	1,005.41% 21,268	$2,627,410,000	1.17%
Apple Inc	27.44% 12,343	$2,599,766,000	1.15%
Alphabet Inc	8.34% 15,312	$2,794,890,000	1.24%
Meta Platforms Inc	3.52% 3,823	$1,927,746,000	0.86%
Amazon.com Inc.	17.54% 7,437	$1,437,200,000	0.64%
Tesla Inc	17.65% 7,015	$1,388,128,000	0.62%
Wisdomtree Tr	0.64% 28,313	$1,686,179,000	0.75%
Grayscale Bitcoin Tr Btc	Opened 13,531	$720,390,000	0.32%
Berkshire Hathaway Inc.	14.48% 1,708	$694,814,000	0.31%
Eli Lilly Co	10.00% 737	$667,046,000	0.30%
Vanguard World Fd	42.83% 14,193	$1,078,960,000	0.48%
Broadcom Inc.	11.32% 354	$567,659,000	0.25%
Jpmorgan Chase Co.	11.69% 2,647	$535,360,000	0.24%
Taiwan Semiconductor Mfg Ltd	17.93% 2,532	$440,005,000	0.20%
Exxon Mobil Corp.	14.75% 3,797	$437,150,000	0.19%
Unitedhealth Group Inc	12.52% 782	$398,107,000	0.18%
Vanguard Scottsdale Fds	Opened 4,813	$384,741,000	0.17%
Bank America Corp	5.56% 9,618	$382,507,000	0.17%
Netflix Inc.	7.01% 565	$381,307,000	0.17%
Visa Inc	0.87% 1,372	$360,168,000	0.16%
Mastercard Incorporated	14.27% 801	$353,568,000	0.16%
Vanguard Intl Equity Index F	0.79% 5,724	$335,640,000	0.15%
Merck Co Inc	27.63% 2,471	$305,856,000	0.14%
Danaher Corp.	5.85% 1,213	$303,108,000	0.13%
Procter And Gamble Co	20.28% 1,815	$299,367,000	0.13%
Johnson Johnson	Closed 1,754	$277,480,000
Abbvie Inc	Closed 1,436	$261,477,000
Chevron Corp.	16.76% 1,651	$258,252,000	0.11%
Costco Whsl Corp New	Opened 302	$257,055,000	0.11%
Novo-nordisk A S	Opened 1,588	$226,717,000	0.10%
Copart, Inc.	1.97% 4,076	$220,756,000	0.10%
Oracle Corp.	Opened 1,535	$216,725,000	0.10%
Advanced Micro Devices Inc.	4.65% 1,305	$211,684,000	0.09%
Asml Holding N V	15.23% 206	$211,064,000	0.09%
Adobe Inc	Opened 378	$209,994,000	0.09%
Intuitive Surgical Inc	Opened 465	$206,855,000	0.09%
Salesforce Inc	Closed 684	$206,007,000
Abbott Labs	Opened 1,965	$204,194,000	0.09%
Goldman Sachs Group, Inc.	Opened 450	$203,528,000	0.09%
Block Inc	Closed 2,398	$202,823,000
Home Depot, Inc.	Opened 583	$200,804,000	0.09%
Golub Cap Bdc Inc	Closed 10,730	$178,437,000
Wipro Ltd.	6.48% 19,411	$118,407,000	0.05%
Compass, Inc.	No change 20,803	$74,891,000	0.03%
Mizuho Financial Group, Inc.	No change 13,855	$58,606,000	0.03%
Lloyds Banking Group plc	No change 12,104	$33,044,000	0.01%
No transactions found
Showing first 500 out of 53 holdings