Hfg Wealth Management 13F annual report
Hfg Wealth Management is an investment fund managing more than $156 billion ran by Henry Pizzutello. There are currently 21 companies in Mr. Pizzutello’s portfolio. The largest investments include Innovator ETFs Trust and Northern Lights Fd Tr, together worth $50.7 billion.
$156 billion Assets Under Management (AUM)
As of 13th August 2024, Hfg Wealth Management’s top holding is 1,188,791 shares of Innovator ETFs Trust currently worth over $34.2 billion and making up 21.9% of the portfolio value.
Relative to the number of outstanding shares of Innovator ETFs Trust, Hfg Wealth Management owns less than 0.3% of the company.
In addition, the fund holds 517,371 shares of Northern Lights Fd Tr worth $16.4 billion.
The third-largest holding is First Tr Exchange Trad Fd Vi worth $12 billion and the next is First Tr Exchange-traded Fd worth $13.5 billion, with 594,295 shares owned.
Currently, Hfg Wealth Management's portfolio is worth at least $156 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 Hfg Wealth Management
The Hfg Wealth Management office and employees reside in The Woodlands, Texas. According to the last 13-F report filed with the SEC, Henry Pizzutello serves as the Chief Investment Officer at Hfg Wealth Management.
Recent trades
In the most recent 13F filing, Hfg Wealth Management revealed that it had opened a new position in
First Tr Exchng Traded Fd Vi and bought 243,963 shares worth $8.65 billion.
The investment fund also strengthened its position in First Tr Exchange Trad Fd Vi by buying
32,228 additional shares.
This makes their stake in First Tr Exchange Trad Fd Vi total 503,113 shares worth $12 billion.
On the other hand, there are companies that Hfg Wealth Management is getting rid of from its portfolio.
Hfg Wealth Management closed its position in Ishares Tr on 20th August 2024.
It sold the previously owned 3,878 shares for $358 million.
Henry Pizzutello also disclosed a decreased stake in Innovator ETFs Trust by 0.3%.
This leaves the value of the investment at $34.2 billion and 1,188,791 shares.
One of the smallest hedge funds
The two most similar investment funds to Hfg Wealth Management are Gray Private Wealth and Toronado Partners. They manage $156 billion and $156 billion respectively.
Henry Pizzutello investment strategy
Hfg Wealth Management’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Miscellaneous — making up 31.4% of
the total portfolio value.
The fund focuses on investments in the United States as
23.8% 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
24% of the total holdings value.
On the other hand, small-cap stocks make up 14.3% of the portfolio.
The average market cap of the portfolio companies is close to $364 billion.
The complete list of Hfg Wealth Management trades based on 13F SEC filings
These positions were updated on August 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 |
|---|---|---|---|
| Innovator ETFs Trust |
32.56%
1,188,791
|
$34,244,039,000 | 21.95% |
| Northern Lights Fd Tr |
17.97%
517,371
|
$16,442,053,000 | 10.54% |
| First Tr Exchange Trad Fd Vi |
6.84%
503,113
|
$12,029,432,000 | 7.71% |
| First Tr Exchange-traded Fd |
3.88%
594,295
|
$13,507,810,000 | 8.66% |
| Dimensional Etf Trust |
8.78%
626,274
|
$25,910,915,000 | 16.61% |
| First Tr Exchng Traded Fd Vi |
Opened
243,963
|
$8,646,049,000 | 5.54% |
| Grayscale Bitcoin Tr Btc |
25.56%
160,617
|
$8,551,237,000 | 5.48% |
| Innovator ETFs Trust |
Opened
400,664
|
$13,939,420,000 | 8.93% |
| First Tr Exchng Traded Fd Vi |
45.07%
330,857
|
$10,479,411,000 | 6.72% |
| Exxon Mobil Corp. |
5.13%
38,012
|
$4,375,932,000 | 2.80% |
| Apple Inc |
0.12%
9,616
|
$2,025,392,000 | 1.30% |
| Alps Etf Tr |
4.90%
31,031
|
$1,488,875,000 | 0.95% |
| Chevron Corp. |
No change
7,564
|
$1,183,193,000 | 0.76% |
| Timothy Plan |
3.24%
18,622
|
$755,632,000 | 0.48% |
| Prologis Inc |
0.05%
6,067
|
$681,397,000 | 0.44% |
| Vanguard Index Fds |
3.15%
1,308
|
$489,305,000 | 0.31% |
| Ishares Tr |
Closed
3,878
|
$358,394,000 | |
| Spdr S&p 500 Etf Tr |
Opened
612
|
$333,194,000 | 0.21% |
| Dimensional Etf Trust |
Opened
12,324
|
$323,998,000 | 0.21% |
| Amazon.com Inc. |
7.09%
1,573
|
$303,982,000 | 0.19% |
| Ishares Tr |
Opened
2,921
|
$283,580,000 | 0.18% |
| Manhattan Brdg Cap Inc |
No change
15,589
|
$15,589,000 | 0.01% |
| Beneficient |
Closed
79,425
|
$5,321,000 | |
| Workhorse Group Inc |
Closed
19,137
|
$4,490,000 | |
| No transactions found | |||
| Showing first 500 out of 24 holdings | |||
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