Selective Wealth Management 13F annual report
Selective Wealth Management is an investment fund managing more than $225 billion ran by Joshua Standeven. There are currently 72 companies in Mr. Standeven’s portfolio. The largest investments include Vanguard Index Fds and Ishares Tr, together worth $106 billion.
$225 billion Assets Under Management (AUM)
As of 3rd July 2024, Selective Wealth Management’s top holding is 161,746 shares of Vanguard Index Fds currently worth over $74.4 billion and making up 33.0% of the portfolio value.
In addition, the fund holds 249,788 shares of Ishares Tr worth $31.5 billion.
The third-largest holding is Wisdomtree Tr worth $10.5 billion and the next is Meta Platforms Inc worth $10.5 billion, with 19,774 shares owned.
Currently, Selective 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 Selective Wealth Management
The Selective Wealth Management office and employees reside in Forest, Virginia. According to the last 13-F report filed with the SEC, Joshua Standeven serves as the Chief Compliance Officer at Selective Wealth Management.
Recent trades
In the most recent 13F filing, Selective Wealth Management revealed that it had opened a new position in
Ishares Tr and bought 1,461 shares worth $379 million.
The investment fund also strengthened its position in Ishares Tr by buying
14,782 additional shares.
This makes their stake in Ishares Tr total 249,788 shares worth $31.5 billion.
On the other hand, there are companies that Selective Wealth Management is getting rid of from its portfolio.
Selective Wealth Management closed its position in Everbridge Inc on 10th July 2024.
It sold the previously owned 125,222 shares for $4.37 billion.
Joshua Standeven also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $74.4 billion and 161,746 shares.
One of the smallest hedge funds
The two most similar investment funds to Selective Wealth Management are Great Oak Capital Partners and Compass Advisory. They manage $225 billion and $225 billion respectively.
Joshua Standeven investment strategy
Selective Wealth Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 17.6% of
the total portfolio value.
The fund focuses on investments in the United States as
43.1% 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
42% of the total holdings value.
On the other hand, small-cap stocks make up only 1.4% of the portfolio.
The average market cap of the portfolio companies is close to $336 billion.
The complete list of Selective Wealth Management trades based on 13F SEC filings
These positions were updated on July 10th 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 |
0.84%
161,746
|
$74,355,036,000 | 33.00% |
| Ishares Tr |
6.29%
249,788
|
$31,455,230,000 | 13.96% |
| Wisdomtree Tr |
3.59%
340,138
|
$10,527,267,000 | 4.67% |
| Meta Platforms Inc |
6.81%
19,774
|
$10,480,220,000 | 4.65% |
| J P Morgan Exchange Traded F |
1.60%
174,559
|
$9,797,984,000 | 4.35% |
| Salesforce Inc |
4.77%
27,324
|
$6,897,397,000 | 3.06% |
| Apple Inc |
3.27%
22,004
|
$5,031,809,000 | 2.23% |
| Veeva Sys Inc |
6.00%
24,935
|
$4,543,905,000 | 2.02% |
| ServiceNow Inc |
6.73%
5,872
|
$4,368,827,000 | 1.94% |
| Everbridge Inc |
Closed
125,222
|
$4,365,239,000 | |
| Alibaba Group Hldg Ltd |
8.83%
55,778
|
$4,222,395,000 | 1.87% |
| Okta Inc |
7.32%
44,071
|
$4,170,879,000 | 1.85% |
| Twilio Inc |
5.76%
68,458
|
$3,860,347,000 | 1.71% |
| Spdr Ser Tr |
7.79%
81,627
|
$5,093,849,000 | 2.26% |
| DocuSign Inc |
3.18%
60,879
|
$3,160,229,000 | 1.40% |
| Intel Corp. |
6.88%
78,466
|
$2,714,139,000 | 1.20% |
| Visa Inc |
5.60%
9,832
|
$2,609,806,000 | 1.16% |
| Vanguard Bd Index Fds |
1.52%
30,042
|
$2,307,526,000 | 1.02% |
| Spdr S&p 500 Etf Tr |
2.03%
3,765
|
$2,092,796,000 | 0.93% |
| Microsoft Corporation |
2.51%
3,969
|
$1,823,923,000 | 0.81% |
| Exxon Mobil Corp. |
2.66%
14,980
|
$1,661,876,000 | 0.74% |
| Schwab Strategic Tr |
0.93%
48,424
|
$2,834,528,000 | 1.26% |
| Accenture Plc Ireland |
0.76%
4,975
|
$1,482,849,000 | 0.66% |
| Oneok Inc. |
7.39%
16,344
|
$1,347,072,000 | 0.60% |
| Select Sector Spdr Tr |
0.42%
11,149
|
$1,801,008,000 | 0.80% |
| NVIDIA Corp |
974.27%
9,604
|
$1,261,774,000 | 0.56% |
| International Business Machs |
0.31%
6,400
|
$1,129,514,000 | 0.50% |
| Lowes Cos Inc |
0.50%
4,958
|
$1,072,564,000 | 0.48% |
| Vanguard Star Fds |
1.59%
17,074
|
$1,047,319,000 | 0.46% |
| Amazon.com Inc. |
2.44%
5,126
|
$1,021,817,000 | 0.45% |
| PayPal Holdings Inc |
9.88%
16,992
|
$1,002,528,000 | 0.44% |
| Vanguard World Fd |
3.68%
11,424
|
$2,066,784,000 | 0.92% |
| Berkshire Hathaway Inc. |
56.99%
2,179
|
$894,523,000 | 0.40% |
| Spdr Dow Jones Indl Average |
0.05%
2,165
|
$850,532,000 | 0.38% |
| Exchange Listed Fds Tr |
8.27%
49,090
|
$1,063,139,000 | 0.47% |
| Vanguard Specialized Funds |
0.43%
3,735
|
$685,978,000 | 0.30% |
| Walmart Inc |
2.74%
9,746
|
$681,266,000 | 0.30% |
| Progressive Corp. |
No change
3,065
|
$642,087,000 | 0.28% |
| Bank America Corp |
7.73%
15,374
|
$636,810,000 | 0.28% |
| Costco Whsl Corp New |
0.85%
704
|
$624,097,000 | 0.28% |
| American Centy Etf Tr |
2.27%
13,520
|
$1,046,317,000 | 0.46% |
| Fidelity Covington Trust |
Closed
4,018
|
$613,619,000 | |
| JPMorgan Chase & Co. |
1.11%
2,849
|
$591,627,000 | 0.26% |
| Essential Pptys Rlty Tr Inc |
1.12%
21,106
|
$587,599,000 | 0.26% |
| Mv Oil Tr |
8.72%
57,674
|
$532,331,000 | 0.24% |
| Invesco Exchange Traded Fd T |
No change
13,970
|
$806,104,000 | 0.36% |
| Alphabet Inc |
3.99%
4,238
|
$803,582,000 | 0.36% |
| Applied Matls Inc |
0.06%
1,745
|
$438,782,000 | 0.19% |
| Ishares Tr |
Opened
1,461
|
$379,152,000 | 0.17% |
| Verizon Communications Inc |
7.82%
8,854
|
$365,670,000 | 0.16% |
| First Tr Exchange-traded Fd |
14.24%
3,643
|
$357,001,000 | 0.16% |
| Caterpillar Inc. |
2.26%
1,079
|
$351,819,000 | 0.16% |
| GE Aerospace |
2.43%
2,109
|
$344,041,000 | 0.15% |
| Coca-Cola Co |
No change
5,401
|
$338,594,000 | 0.15% |
| Truist Finl Corp |
No change
8,545
|
$332,486,000 | 0.15% |
| Bristol-Myers Squibb Co. |
0.51%
8,013
|
$327,411,000 | 0.15% |
| AT&T, Inc. |
No change
16,631
|
$312,660,000 | 0.14% |
| Manulife Finl Corp |
4.19%
11,420
|
$307,655,000 | 0.14% |
| Vanguard Tax-managed Fds |
No change
5,974
|
$299,238,000 | 0.13% |
| Eli Lilly & Co |
4.83%
315
|
$293,738,000 | 0.13% |
| Intercontinental Exchange In |
No change
2,000
|
$284,920,000 | 0.13% |
| Tesla Inc |
Opened
1,057
|
$277,283,000 | 0.12% |
| Johnson & Johnson |
1.73%
1,877
|
$276,032,000 | 0.12% |
| Netflix Inc. |
2.84%
376
|
$257,838,000 | 0.11% |
| Rithm Capital Corp |
4.33%
23,803
|
$254,216,000 | 0.11% |
| Conocophillips |
Closed
1,810
|
$240,404,000 | |
| Fidelity Comwlth Tr |
5.20%
3,280
|
$237,940,000 | 0.11% |
| Dimensional Etf Trust |
10.16%
4,703
|
$221,888,000 | 0.10% |
| CSX Corp. |
11.69%
6,809
|
$221,163,000 | 0.10% |
| Blackstone Inc |
30.76%
1,810
|
$219,517,000 | 0.10% |
| Waste Mgmt Inc Del |
No change
1,029
|
$216,111,000 | 0.10% |
| Chevron Corp. |
Closed
1,326
|
$215,700,000 | |
| Deere & Co. |
Closed
501
|
$206,397,000 | |
| World Gold Tr |
Opened
4,368
|
$204,641,000 | 0.09% |
| Invesco Exchange Traded Fd T |
Opened
2,114
|
$201,998,000 | 0.09% |
| Ford Mtr Co Del |
1.34%
13,887
|
$179,142,000 | 0.08% |
| Amcor Plc |
4.00%
12,000
|
$114,720,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 77 holdings | |||
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