Monument Wealth Advisors 13F annual report
Monument Wealth Advisors is an investment fund managing more than $149 billion ran by Lee Mcgowan. There are currently 36 companies in Mr. Mcgowan’s portfolio. The largest investments include Dimensional Etf Trust and Vanguard Index Fds, together worth $122 billion.
$149 billion Assets Under Management (AUM)
As of 30th July 2024, Monument Wealth Advisors’s top holding is 3,193,883 shares of Dimensional Etf Trust currently worth over $99.4 billion and making up 66.9% of the portfolio value.
In addition, the fund holds 93,776 shares of Vanguard Index Fds worth $22.3 billion.
The third-largest holding is Vanguard Tax-managed Fds worth $9.49 billion and the next is Vanguard Intl Equity Index F worth $2.16 billion, with 49,261 shares owned.
Currently, Monument Wealth Advisors's portfolio is worth at least $149 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 Monument Wealth Advisors
The Monument Wealth Advisors office and employees reside in Concord, Massachusetts. According to the last 13-F report filed with the SEC, Lee Mcgowan serves as the Chief Compliance Officer at Monument Wealth Advisors.
Recent trades
In the most recent 13F filing, Monument Wealth Advisors revealed that it had opened a new position in
Stryker and bought 1,586 shares worth $540 million.
This means they effectively own approximately 0.1% of the company.
Stryker makes up
35.8%
of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Dimensional Etf Trust by buying
727,828 additional shares.
This makes their stake in Dimensional Etf Trust total 3,193,883 shares worth $99.4 billion.
On the other hand, there are companies that Monument Wealth Advisors is getting rid of from its portfolio.
Monument Wealth Advisors closed its position in Globe Life on 6th August 2024.
It sold the previously owned 3,505 shares for $427 million.
Lee Mcgowan also disclosed a decreased stake in Vanguard Index Fds by 0.1%.
This leaves the value of the investment at $22.3 billion and 93,776 shares.
One of the smallest hedge funds
The two most similar investment funds to Monument Wealth Advisors are Working Capital Advisors (uk) and Moser Wealth Advisors. They manage $149 billion and $149 billion respectively.
Lee Mcgowan investment strategy
Monument Wealth Advisors’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Health Care — making up 1.0% of
the total portfolio value.
The fund focuses on investments in the United States as
30.6% 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
28% of the total holdings value.
On the other hand, small-cap stocks make up only 2.8% of the portfolio.
The average market cap of the portfolio companies is close to $683 billion.
The complete list of Monument Wealth Advisors trades based on 13F SEC filings
These positions were updated on August 6th 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 |
|---|---|---|---|
| Dimensional Etf Trust |
29.51%
3,193,883
|
$99,388,858,000 | 66.85% |
| Vanguard Index Fds |
11.75%
93,776
|
$22,277,287,000 | 14.98% |
| Vanguard Tax-managed Fds |
3.89%
192,066
|
$9,491,915,000 | 6.38% |
| Vanguard Intl Equity Index F |
0.67%
49,261
|
$2,155,641,000 | 1.45% |
| Apple Inc |
1.06%
6,150
|
$1,295,313,000 | 0.87% |
| Ishares Tr |
6.19%
21,718
|
$1,778,179,000 | 1.20% |
| Vanguard Bd Index Fds |
115.55%
11,407
|
$874,947,000 | 0.59% |
| Microsoft Corporation |
10.46%
1,849
|
$826,411,000 | 0.56% |
| Willis Towers Watson Plc Ltd |
21.40%
3,018
|
$791,200,000 | 0.53% |
| American Centy Etf Tr |
3.40%
7,786
|
$702,219,000 | 0.47% |
| Coca-Cola Co |
No change
10,811
|
$688,091,000 | 0.46% |
| Vanguard Scottsdale Fds |
0.33%
10,455
|
$606,285,000 | 0.41% |
| Exxon Mobil Corp. |
No change
4,964
|
$571,456,000 | 0.38% |
| Stryker Corp. |
Opened
1,586
|
$539,637,000 | 0.36% |
| Thermo Fisher Scientific Inc. |
No change
800
|
$442,400,000 | 0.30% |
| Globe Life Inc. |
Closed
3,505
|
$426,629,000 | |
| First Tr Morningstar Divid L |
No change
10,350
|
$392,576,000 | 0.26% |
| Alphabet Inc |
23.29%
2,049
|
$375,828,000 | 0.25% |
| Vanguard Index Fds |
Closed
4,083
|
$360,774,000 | |
| JPMorgan Chase & Co. |
No change
1,743
|
$352,539,000 | 0.24% |
| Wisdomtree Tr |
No change
4,119
|
$348,426,000 | 0.23% |
| Spdr S&p 500 Etf Tr |
No change
606
|
$329,797,000 | 0.22% |
| Vanguard World Fd |
0.26%
2,656
|
$642,617,000 | 0.43% |
| Merck & Co Inc |
Opened
2,530
|
$313,214,000 | 0.21% |
| International Business Machs |
Opened
1,810
|
$313,040,000 | 0.21% |
| Flexshares Tr |
No change
2,378
|
$305,074,000 | 0.21% |
| Vanguard Star Fds |
37.29%
5,048
|
$304,381,000 | 0.20% |
| Nushares Etf Tr |
No change
3,673
|
$298,101,000 | 0.20% |
| Berkshire Hathaway Inc. |
No change
731
|
$297,371,000 | 0.20% |
| Mcdonalds Corp |
Opened
989
|
$252,037,000 | 0.17% |
| Invesco Exchange Traded Fd T |
0.88%
1,494
|
$245,367,000 | 0.17% |
| Dbx Etf Tr |
Closed
5,505
|
$243,541,000 | |
| Public Svc Enterprise Grp In |
Opened
3,150
|
$232,155,000 | 0.16% |
| Johnson & Johnson |
12.03%
1,462
|
$213,686,000 | 0.14% |
| Costco Whsl Corp New |
Opened
245
|
$208,248,000 | 0.14% |
| Vanguard Whitehall Fds |
Opened
1,750
|
$207,550,000 | 0.14% |
| Automatic Data Processing In |
3.59%
859
|
$205,035,000 | 0.14% |
| Dominion Energy Inc |
Closed
4,354
|
$204,638,000 | |
| Dimensional Etf Trust |
Opened
6,135
|
$202,087,000 | 0.14% |
| Spdr Index Shs Fds |
Opened
5,840
|
$201,363,000 | 0.14% |
| No transactions found | |||
| Showing first 500 out of 40 holdings | |||
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