Opes Wealth Management 13F annual report
Opes Wealth Management is an investment fund managing more than $476 billion ran by Unesa Miguel. There are currently 85 companies in Miguel’s portfolio. The largest investments include Apple Inc and Schwab Strategic Tr, together worth $219 billion.
$476 billion Assets Under Management (AUM)
As of 29th July 2024, Opes Wealth Management’s top holding is 630,263 shares of Apple Inc currently worth over $133 billion and making up 27.9% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Opes Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 1,639,755 shares of Schwab Strategic Tr worth $85.9 billion.
The third-largest holding is Ishares Tr worth $70.9 billion and the next is Gilead Sciences worth $10.9 billion, with 158,751 shares owned.
Currently, Opes Wealth Management's portfolio is worth at least $476 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 Opes Wealth Management
The Opes Wealth Management office and employees reside in Menlo Park, California. According to the last 13-F report filed with the SEC, Unesa Miguel serves as the Chief Compliance Officer at Opes Wealth Management.
Recent trades
In the most recent 13F filing, Opes Wealth Management revealed that it had opened a new position in
Vanguard Index Fds and bought 45,392 shares worth $10.7 billion.
The investment fund also strengthened its position in Apple Inc by buying
291,367 additional shares.
This makes their stake in Apple Inc total 630,263 shares worth $133 billion.
Apple Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Opes Wealth Management is getting rid of from its portfolio.
Opes Wealth Management closed its position in Schwab Strategic Tr on 5th August 2024.
It sold the previously owned 144,887 shares for $4.49 million.
Unesa Miguel also disclosed a decreased stake in Invesco Exch Traded Fd Tr Ii by approximately 0.1%.
This leaves the value of the investment at $17.4 billion and 442,622 shares.
One of the average hedge funds
The two most similar investment funds to Opes Wealth Management are Wilsey Asset Management Inc and Sloy Dahl & Holst. They manage $476 billion and $476 billion respectively.
Unesa Miguel investment strategy
Opes Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 28.4% of
the total portfolio value.
The fund focuses on investments in the United States as
45.9% 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
41% of the total holdings value.
On the other hand, small-cap stocks make up only 3.5% of the portfolio.
The average market cap of the portfolio companies is close to $249 billion.
The complete list of Opes Wealth Management trades based on 13F SEC filings
These positions were updated on August 5th 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 |
85.98%
630,263
|
$132,746,040,000 | 27.88% |
| Schwab Strategic Tr |
11.73%
1,639,755
|
$85,859,030,000 | 18.03% |
| Ishares Tr |
88.77%
1,120,639
|
$70,887,836,000 | 14.89% |
| Gilead Sciences, Inc. |
11.16%
158,751
|
$10,891,906,000 | 2.29% |
| Invesco Exchange Traded Fd T |
25.12%
164,175
|
$10,431,680,000 | 2.19% |
| Vanguard Index Fds |
Opened
45,392
|
$10,706,605,000 | 2.25% |
| Dimensional Etf Trust |
Opened
342,837
|
$9,549,318,000 | 2.01% |
| First Tr Exchng Traded Fd Vi |
92.27%
191,907
|
$8,261,596,000 | 1.74% |
| Fidelity Merrimack Str Tr |
81.71%
182,234
|
$8,187,774,000 | 1.72% |
| Ishares Tr |
Opened
241,587
|
$15,521,033,000 | 3.26% |
| Spdr Index Shs Fds |
4.62%
368,141
|
$13,451,058,000 | 2.83% |
| Vanguard Index Fds |
18.44%
50,504
|
$7,790,937,000 | 1.64% |
| Invesco Exch Traded Fd Tr Ii |
0.83%
442,622
|
$17,355,829,000 | 3.65% |
| Vanguard Tax-managed Fds |
Opened
131,102
|
$6,479,061,000 | 1.36% |
| Franklin Templeton Etf Tr |
Opened
186,591
|
$5,099,878,000 | 1.07% |
| Microsoft Corporation |
8.23%
8,699
|
$3,888,233,000 | 0.82% |
| NVIDIA Corp |
951.95%
29,865
|
$3,689,532,000 | 0.77% |
| KraneShares Trust |
119.13%
143,936
|
$2,664,255,000 | 0.56% |
| Fidelity Covington Trust |
87.44%
104,445
|
$2,646,636,000 | 0.56% |
| Innovator ETFs Trust |
Opened
57,845
|
$2,608,717,000 | 0.55% |
| Nushares Etf Tr |
241.17%
98,700
|
$3,585,860,000 | 0.75% |
| Vanguard Intl Equity Index F |
42.10%
56,823
|
$2,486,574,000 | 0.52% |
| Alphabet Inc |
3,451.51%
19,995
|
$3,658,000,000 | 0.77% |
| First Tr Exchng Traded Fd Vi |
Opened
71,677
|
$3,296,939,000 | 0.69% |
| Vanguard Mun Bd Fds |
503.83%
34,690
|
$1,738,316,000 | 0.37% |
| Vanguard Whitehall Fds |
19.16%
14,598
|
$1,731,323,000 | 0.36% |
| Caterpillar Inc. |
86.72%
4,978
|
$1,658,172,000 | 0.35% |
| Schwab Charles Family Fd |
Opened
1,335,596
|
$1,335,596,000 | 0.28% |
| Johnson Johnson |
50.05%
8,256
|
$1,206,697,000 | 0.25% |
| American Centy Etf Tr |
Opened
27,694
|
$1,458,744,000 | 0.31% |
| Wisdomtree Tr |
19.63%
22,680
|
$1,060,744,000 | 0.22% |
| Ishares Inc |
80.09%
30,517
|
$1,023,235,000 | 0.21% |
| Amazon.com Inc. |
1,744.36%
5,072
|
$980,164,000 | 0.21% |
| Trimble Inc |
13.74%
16,260
|
$909,259,000 | 0.19% |
| Vanguard World Fd |
Opened
15,373
|
$880,412,000 | 0.18% |
| Bristol-Myers Squibb Co. |
438.36%
20,533
|
$852,735,000 | 0.18% |
| Spdr Sp 500 Etf Tr |
31.52%
1,473
|
$801,742,000 | 0.17% |
| Indexiq Active Etf Tr |
Opened
30,295
|
$732,533,000 | 0.15% |
| Workday Inc |
0.82%
3,073
|
$687,000,000 | 0.14% |
| EBay Inc. |
0.12%
12,477
|
$670,267,000 | 0.14% |
| Albemarle Corp. |
29.29%
6,691
|
$639,124,000 | 0.13% |
| Applied Matls Inc |
Opened
2,630
|
$620,654,000 | 0.13% |
| Adobe Inc |
165.42%
1,067
|
$592,761,000 | 0.12% |
| Meta Platforms Inc |
19.88%
1,152
|
$580,861,000 | 0.12% |
| Nxp Semiconductors N V |
7.00%
2,140
|
$575,853,000 | 0.12% |
| Qualcomm, Inc. |
41.90%
2,838
|
$565,273,000 | 0.12% |
| Vanguard Calif Tax Free Fds |
Opened
5,650
|
$561,610,000 | 0.12% |
| Akamai Technologies Inc |
41.68%
6,153
|
$554,262,000 | 0.12% |
| Dana Inc |
104.40%
40,946
|
$496,266,000 | 0.10% |
| Pepsico Inc |
9.34%
2,748
|
$453,298,000 | 0.10% |
| Advanced Micro Devices Inc. |
10.20%
2,730
|
$442,833,000 | 0.09% |
| Vanguard Bd Index Fds |
59.36%
5,812
|
$418,755,000 | 0.09% |
| Intel Corp. |
55.35%
13,253
|
$410,437,000 | 0.09% |
| J P Morgan Exchange Traded F |
Opened
15,280
|
$726,443,000 | 0.15% |
| ON24, Inc. |
32.50%
67,500
|
$405,675,000 | 0.09% |
| Vanguard Scottsdale Fds |
Opened
5,865
|
$398,820,000 | 0.08% |
| Sony Group Corp |
6.35%
4,692
|
$398,585,000 | 0.08% |
| ServiceNow Inc |
2.51%
490
|
$385,468,000 | 0.08% |
| Cisco Sys Inc |
6.53%
8,046
|
$382,265,000 | 0.08% |
| Netflix Inc. |
97.35%
554
|
$373,884,000 | 0.08% |
| Clorox Co. |
Opened
2,671
|
$364,511,000 | 0.08% |
| PayPal Holdings Inc |
51.05%
6,028
|
$349,805,000 | 0.07% |
| Roku Inc |
No change
5,500
|
$329,615,000 | 0.07% |
| Salesforce Inc |
15.17%
1,268
|
$326,003,000 | 0.07% |
| NextEra Energy Inc |
Opened
4,410
|
$312,272,000 | 0.07% |
| Philip Morris International Inc |
23.87%
3,015
|
$305,510,000 | 0.06% |
| Nike, Inc. |
15.63%
4,047
|
$305,022,000 | 0.06% |
| RTX Corp |
5.99%
2,939
|
$295,046,000 | 0.06% |
| Okta Inc |
51.37%
3,103
|
$290,472,000 | 0.06% |
| Oracle Corp. |
27.82%
2,034
|
$287,201,000 | 0.06% |
| Abbott Labs |
8.92%
2,724
|
$283,051,000 | 0.06% |
| Tesla Inc |
122.92%
1,391
|
$275,251,000 | 0.06% |
| Novo-nordisk A S |
Opened
1,865
|
$266,210,000 | 0.06% |
| Union Pac Corp |
Opened
1,164
|
$263,367,000 | 0.06% |
| Chevron Corp. |
Opened
1,610
|
$251,836,000 | 0.05% |
| Disney Walt Co |
36.51%
2,378
|
$236,112,000 | 0.05% |
| Wisdomtree Tr |
Opened
4,800
|
$226,128,000 | 0.05% |
| Walmart Inc |
Opened
3,312
|
$224,256,000 | 0.05% |
| Crowdstrike Holdings Inc |
Opened
580
|
$222,250,000 | 0.05% |
| Spdr Ser Tr |
13.63%
3,219
|
$213,581,000 | 0.04% |
| Eli Lilly Co |
Opened
235
|
$212,764,000 | 0.04% |
| Visa Inc |
Opened
791
|
$207,614,000 | 0.04% |
| General Dynamics Corp. |
Opened
705
|
$204,549,000 | 0.04% |
| Home Depot, Inc. |
Opened
591
|
$203,446,000 | 0.04% |
| SelectQuote, Inc. |
Opened
59,520
|
$164,275,000 | 0.03% |
| Schwab Strategic Tr |
Closed
144,887
|
$4,490,000 | |
| J P Morgan Exchange-traded F |
Closed
46,575
|
$2,378,000 | |
| Spdr Ser Tr |
Closed
79,234
|
$2,325,000 | |
| Wisdomtree Tr |
Closed
68,880
|
$2,526,000 | |
| Atlassian Corp Plc |
Closed
2,390
|
$911,000 | |
| OneSpan Inc |
Closed
31,000
|
$525,000 | |
| Costco Whsl Corp New |
Closed
884
|
$502,000 | |
| Mckesson Corporation |
Closed
2,254
|
$431,000 | |
| 3M Co. |
Closed
2,381
|
$423,000 | |
| Procter And Gamble Co |
Closed
2,542
|
$416,000 | |
| NBT Bancorp. Inc. |
Closed
8,559
|
$330,000 | |
| Starbucks Corp. |
Closed
2,508
|
$293,000 | |
| International Business Machs |
Closed
2,068
|
$276,000 | |
| New Jersey Res Corp |
Closed
5,834
|
$240,000 | |
| Agilent Technologies Inc. |
Closed
1,363
|
$218,000 | |
| Danaher Corp. |
Closed
650
|
$214,000 | |
| C.H. Robinson Worldwide, Inc. |
Closed
1,950
|
$210,000 | |
| Unilever plc |
Closed
3,767
|
$203,000 | |
| No transactions found | |||
| Showing first 500 out of 103 holdings | |||
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