Family Wealth 13F annual report
Family Wealth is an investment fund managing more than $92.5 billion ran by Christopher Payne. There are currently 66 companies in Mr. Payne’s portfolio. The largest investments include Vanguard Index Fds and Ishares Tr, together worth $37.1 billion.
$92.5 billion Assets Under Management (AUM)
As of 7th August 2024, Family Wealth’s top holding is 35,088 shares of Vanguard Index Fds currently worth over $16.9 billion and making up 18.2% of the portfolio value.
In addition, the fund holds 229,281 shares of Ishares Tr worth $20.3 billion.
The third-largest holding is Ishares Inc worth $3.66 billion and the next is Spdr Ser Tr worth $5.93 billion, with 152,491 shares owned.
Currently, Family Wealth's portfolio is worth at least $92.5 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 Family Wealth
The Family Wealth office and employees reside in Lexington, Kentucky. According to the last 13-F report filed with the SEC, Christopher Payne serves as the Chief Compliance Officer at Family Wealth.
Recent trades
In the most recent 13F filing, Family Wealth revealed that it had opened a new position in
Aim Etf Products Trust and bought 115,561 shares worth $3.7 billion.
The investment fund also strengthened its position in Ishares Inc by buying
428 additional shares.
This makes their stake in Ishares Inc total 70,462 shares worth $3.66 billion.
On the other hand, there are companies that Family Wealth is getting rid of from its portfolio.
Family Wealth closed its position in Aim Etf Products Trust Us Lrg Cap Buf on 14th August 2024.
It sold the previously owned 29,558 shares for $993 million.
Christopher Payne also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $16.9 billion and 35,088 shares.
One of the smallest hedge funds
The two most similar investment funds to Family Wealth are Tilt Investment Management Pbc and Palladiem. They manage $92.6 billion and $92.6 billion respectively.
Christopher Payne investment strategy
Family Wealth’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 6.2% of
the total portfolio value.
The fund focuses on investments in the United States as
37.9% 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
38% of the total holdings value.
On the other hand, small-cap stocks make up only 3.0% of the portfolio.
The average market cap of the portfolio companies is close to $302 billion.
The complete list of Family Wealth trades based on 13F SEC filings
These positions were updated on August 14th 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 |
1.45%
35,088
|
$16,867,441,000 | 18.24% |
| Ishares Tr |
0.27%
229,281
|
$20,272,293,000 | 21.92% |
| Ishares Inc |
0.61%
70,462
|
$3,661,133,000 | 3.96% |
| Spdr Ser Tr |
10.21%
152,491
|
$5,926,859,000 | 6.41% |
| Amazon.com Inc. |
0.13%
13,934
|
$2,513,433,000 | 2.72% |
| Vanguard Scottsdale Fds |
16.79%
119,419
|
$6,793,172,000 | 7.35% |
| Microsoft Corporation |
0.64%
4,071
|
$1,712,884,000 | 1.85% |
| Apple Inc |
8.08%
8,812
|
$1,510,948,000 | 1.63% |
| First Tr Exchng Traded Fd Vi |
17.37%
124,890
|
$5,278,585,000 | 5.71% |
| Spdr Index Shs Fds |
20.82%
38,724
|
$1,387,884,000 | 1.50% |
| Aim Etf Products Trust |
Opened
115,561
|
$3,699,847,000 | 4.00% |
| Home Depot, Inc. |
3.22%
3,038
|
$1,165,184,000 | 1.26% |
| Aim Etf Products Trust Us Lrg Cap Buf |
Closed
29,558
|
$993,149,000 | |
| First Tr Exchng Traded Fd Vi |
Opened
79,423
|
$2,461,454,000 | 2.66% |
| NVIDIA Corp |
3.83%
977
|
$883,394,000 | 0.96% |
| Ssga Active Tr |
34.19%
30,690
|
$1,154,924,000 | 1.25% |
| Innovator ETFs Trust |
Opened
36,097
|
$1,278,737,000 | 1.38% |
| Innovator Sp 500 Power Buffer Etf - August |
Closed
20,010
|
$667,734,000 | |
| Allianzim U.s. Large Cap Buffer10 Aug Etf |
Closed
24,861
|
$645,759,000 | |
| International Business Machs |
1.01%
3,312
|
$632,522,000 | 0.68% |
| Aim Etf Products Trust |
17.98%
20,153
|
$607,305,000 | 0.66% |
| Corning, Inc. |
0.15%
17,049
|
$561,942,000 | 0.61% |
| Allianzim U.s. Large Cap Buffer10 Jun Etf |
Closed
19,968
|
$556,217,000 | |
| Blackrock Etf Trust |
Opened
12,345
|
$548,132,000 | 0.59% |
| Pimco Etf Tr |
Opened
5,350
|
$541,063,000 | 0.59% |
| Tesla Inc |
0.28%
2,864
|
$503,538,000 | 0.54% |
| Vanguard Whitehall Fds |
7.01%
3,994
|
$483,218,000 | 0.52% |
| Abbvie Inc |
2.14%
2,580
|
$469,743,000 | 0.51% |
| Shopify Inc |
1.32%
5,988
|
$462,101,000 | 0.50% |
| Alphabet Inc |
0.37%
2,947
|
$448,740,000 | 0.49% |
| Innovator Sp 500 Buffer Etf - August |
Closed
12,465
|
$448,443,000 | |
| Progressive Corp. |
Opened
1,895
|
$391,924,000 | 0.42% |
| Procter And Gamble Co |
0.61%
2,284
|
$370,729,000 | 0.40% |
| Walmart Inc |
202.89%
5,973
|
$359,394,000 | 0.39% |
| Spdr Sp 500 Etf Tr |
14.54%
664
|
$347,152,000 | 0.38% |
| Ishares Tr |
Opened
1,858
|
$347,129,000 | 0.38% |
| Abbott Labs |
3.68%
3,016
|
$342,828,000 | 0.37% |
| Invesco Qqq Trust Series 1 |
Closed
832
|
$340,660,000 | |
| Pepsico Inc |
7.59%
1,927
|
$337,186,000 | 0.36% |
| Schwab Strategic Tr |
36.39%
8,185
|
$319,353,000 | 0.35% |
| Sp Global Inc |
4.14%
741
|
$315,076,000 | 0.34% |
| Automatic Data Processing In |
7.16%
1,242
|
$310,093,000 | 0.34% |
| Ferguson Plc New |
Opened
1,385
|
$302,519,000 | 0.33% |
| Ishares Sp 100 |
Closed
1,312
|
$293,104,000 | |
| Schwab Charles Corp |
6.41%
4,049
|
$292,896,000 | 0.32% |
| Microchip Technology, Inc. |
23.05%
3,251
|
$291,709,000 | 0.32% |
| Elevance Health Inc |
0.90%
561
|
$290,878,000 | 0.31% |
| Costar Group, Inc. |
8.06%
2,979
|
$287,771,000 | 0.31% |
| Avery Dennison Corp. |
8.69%
1,288
|
$287,708,000 | 0.31% |
| Ameriprise Finl Inc |
3.16%
653
|
$286,307,000 | 0.31% |
| Hershey Company |
Opened
1,437
|
$279,524,000 | 0.30% |
| Listed Fd Tr |
16.11%
7,858
|
$270,002,000 | 0.29% |
| Schwab Strategic Tr |
Opened
5,111
|
$266,593,000 | 0.29% |
| Accenture Plc Ireland |
Opened
764
|
$264,863,000 | 0.29% |
| Discover Financial Services |
Closed
2,341
|
$263,089,000 | |
| Vanguard Tax-managed Fds |
3.53%
5,225
|
$262,118,000 | 0.28% |
| Ishares Core Us Aggregate Bond Etf |
Closed
2,556
|
$253,713,000 | |
| Nasdaq Inc |
9.85%
3,959
|
$249,771,000 | 0.27% |
| Ishares Edge Msci Min Vol Usa Etf |
Closed
3,188
|
$248,757,000 | |
| Ishares Core Msci Eafe Etf |
Closed
3,506
|
$246,621,000 | |
| Goldman Sachs Group, Inc. |
1.73%
589
|
$246,123,000 | 0.27% |
| VanEck ETF Trust |
Opened
9,992
|
$244,899,000 | 0.26% |
| Johnson Johnson |
Closed
1,546
|
$242,292,000 | |
| Altria Group Inc. |
2.26%
5,520
|
$240,804,000 | 0.26% |
| Raymond James Finl Inc |
Opened
1,868
|
$239,889,000 | 0.26% |
| Exxon Mobil Corp. |
0.88%
2,059
|
$239,367,000 | 0.26% |
| ServiceNow Inc |
No change
307
|
$234,057,000 | 0.25% |
| Jpmorgan Chase Co. |
3.57%
1,162
|
$232,847,000 | 0.25% |
| Analog Devices Inc. |
2.62%
1,176
|
$232,545,000 | 0.25% |
| Spdr Index Shs Fds |
Opened
7,152
|
$232,283,000 | 0.25% |
| Idexx Labs Inc |
4.50%
424
|
$228,931,000 | 0.25% |
| Ft Cboe Vest U.s. Equity May Buffer Etf |
Closed
5,381
|
$222,989,000 | |
| Ishares Treasury Floating Rate Bond |
Closed
4,379
|
$221,008,000 | |
| Boeing Co. |
9.54%
1,137
|
$219,430,000 | 0.24% |
| CubeSmart |
Closed
4,630
|
$214,594,000 | |
| Air Products Chemicals Inc |
Closed
770
|
$210,755,000 | |
| CVS Health Corp |
2.30%
2,627
|
$209,566,000 | 0.23% |
| Ball Corp. |
Opened
3,104
|
$209,085,000 | 0.23% |
| Booz Allen Hamilton Hldg Cor |
Opened
1,358
|
$201,695,000 | 0.22% |
| Invesco Actvely Mngd Etc Fd |
33.57%
13,442
|
$186,444,000 | 0.20% |
| Prospect Cap Corp |
3.32%
29,413
|
$162,360,000 | 0.18% |
| Chargepoint Holdings Inc. |
3.79%
12,690
|
$24,111,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 82 holdings | |||
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