Northwest Wealth Management 13F annual report
Northwest Wealth Management is an investment fund managing more than $386 billion ran by Eric Heide. There are currently 94 companies in Mr. Heide’s portfolio. The largest investments include Dimensional Etf Trust and Ishares Tr, together worth $154 billion.
$386 billion Assets Under Management (AUM)
As of 29th July 2024, Northwest Wealth Management’s top holding is 2,626,375 shares of Dimensional Etf Trust currently worth over $89 billion and making up 23.0% of the portfolio value.
In addition, the fund holds 737,685 shares of Ishares Tr worth $64.9 billion.
The third-largest holding is Vanguard Index Fds worth $31.7 billion and the next is Vanguard Scottsdale Fds worth $36 billion, with 615,372 shares owned.
Currently, Northwest Wealth Management's portfolio is worth at least $386 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 Northwest Wealth Management
The Northwest Wealth Management office and employees reside in Spencer, Iowa. According to the last 13-F report filed with the SEC, Eric Heide serves as the President & COO at Northwest Wealth Management.
Recent trades
In the most recent 13F filing, Northwest Wealth Management revealed that it had opened a new position in
Alphabet Inc and bought 2,666 shares worth $486 million.
This means they effectively own approximately 0.1% of the company.
Alphabet Inc makes up
4.1%
of the fund's Technology 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
368,189 additional shares.
This makes their stake in Dimensional Etf Trust total 2,626,375 shares worth $89 billion.
On the other hand, there are companies that Northwest Wealth Management is getting rid of from its portfolio.
Northwest Wealth Management closed its position in Vanguard Scottsdale Fds on 5th August 2024.
It sold the previously owned 5,299 shares for $431 million.
Eric Heide also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $31.7 billion and 138,007 shares.
One of the smaller hedge funds
The two most similar investment funds to Northwest Wealth Management are Wpwealth LL.P. and Liquid Strategies. They manage $386 billion and $387 billion respectively.
Eric Heide investment strategy
Northwest Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 4.1% of
the total portfolio value.
The fund focuses on investments in the United States as
39.4% 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
36% of the total holdings value.
On the other hand, small-cap stocks make up only 2.1% of the portfolio.
The average market cap of the portfolio companies is close to $322 billion.
The complete list of Northwest 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 |
|---|---|---|---|
| Dimensional Etf Trust |
16.30%
2,626,375
|
$89,018,406,000 | 23.05% |
| Ishares Tr |
2.88%
737,685
|
$64,882,185,000 | 16.80% |
| Vanguard Index Fds |
4.83%
138,007
|
$31,749,596,000 | 8.22% |
| Vanguard Scottsdale Fds |
41.20%
615,372
|
$35,997,032,000 | 9.32% |
| American Centy Etf Tr |
7.07%
680,569
|
$48,678,956,000 | 12.60% |
| Vanguard Malvern Fds |
2.70%
215,861
|
$10,477,869,000 | 2.71% |
| Apple Inc |
15.23%
45,037
|
$9,485,644,000 | 2.46% |
| Spdr Ser Tr |
7.86%
143,441
|
$9,650,150,000 | 2.50% |
| Eaton Corp Plc |
1.71%
19,993
|
$6,268,805,000 | 1.62% |
| Berkshire Hathaway Inc. |
28.47%
14,147
|
$5,755,000,000 | 1.49% |
| NVIDIA Corp |
1,544.74%
32,385
|
$4,000,808,000 | 1.04% |
| Microsoft Corporation |
19.84%
8,686
|
$3,882,235,000 | 1.01% |
| Amazon.com Inc. |
1.18%
20,084
|
$3,881,233,000 | 1.00% |
| Vanguard Tax-managed Fds |
9.14%
77,536
|
$3,831,836,000 | 0.99% |
| Spdr Index Shs Fds |
11.14%
115,464
|
$4,107,767,000 | 1.06% |
| Ishares Inc |
24.80%
62,305
|
$3,356,266,000 | 0.87% |
| Vanguard Bd Index Fds |
10.45%
70,803
|
$4,606,247,000 | 1.19% |
| Vanguard Intl Equity Index F |
2.61%
89,927
|
$5,312,413,000 | 1.38% |
| EA Series Trust |
75.93%
124,881
|
$2,370,270,000 | 0.61% |
| Tesla Inc |
0.02%
10,005
|
$1,979,789,000 | 0.51% |
| Walmart Inc |
207.91%
26,068
|
$1,765,047,000 | 0.46% |
| Exxon Mobil Corp. |
2.97%
14,202
|
$1,634,990,000 | 0.42% |
| Invesco Exch Traded Fd Tr Ii |
23.09%
67,680
|
$1,621,617,000 | 0.42% |
| Jpmorgan Chase Co. |
8.69%
7,547
|
$1,526,355,000 | 0.40% |
| Schwab Strategic Tr |
17.87%
82,004
|
$2,953,090,000 | 0.76% |
| Alphabet Inc |
31.79%
5,642
|
$1,034,856,000 | 0.27% |
| Vanguard Specialized Funds |
1.31%
5,587
|
$1,019,859,000 | 0.26% |
| Eli Lilly Co |
21.56%
1,088
|
$985,053,000 | 0.26% |
| Union Pac Corp |
3.72%
4,271
|
$966,297,000 | 0.25% |
| Wells Fargo Co New |
0.25%
14,571
|
$865,395,000 | 0.22% |
| Invesco Exchange Traded Fd T |
17.63%
4,836
|
$794,463,000 | 0.21% |
| First Tr Exch Traded Fd Iii |
42.07%
45,372
|
$787,658,000 | 0.20% |
| VanEck ETF Trust |
9.17%
37,188
|
$1,012,914,000 | 0.26% |
| Deere Co |
0.77%
1,800
|
$672,579,000 | 0.17% |
| First Tr Exchange-traded Fd |
8.33%
38,146
|
$1,455,375,000 | 0.38% |
| Meta Platforms Inc |
9.48%
1,270
|
$640,359,000 | 0.17% |
| Alps Etf Tr |
13.67%
23,435
|
$870,103,000 | 0.23% |
| Advanced Micro Devices Inc. |
34.95%
3,251
|
$527,345,000 | 0.14% |
| Caseys Gen Stores Inc |
10.57%
1,328
|
$506,698,000 | 0.13% |
| Alphabet Inc |
Opened
2,666
|
$485,653,000 | 0.13% |
| Pepsico Inc |
7.05%
2,770
|
$456,846,000 | 0.12% |
| Select Sector Spdr Tr |
Opened
10,934
|
$449,495,000 | 0.12% |
| Lockheed Martin Corp. |
0.11%
948
|
$442,811,000 | 0.11% |
| Vanguard Scottsdale Fds |
Closed
5,299
|
$430,703,000 | |
| Dimensional Etf Trust |
Opened
13,156
|
$420,860,000 | 0.11% |
| Tyson Foods, Inc. |
3.33%
7,045
|
$402,551,000 | 0.10% |
| Alliant Energy Corp. |
5.46%
7,902
|
$402,212,000 | 0.10% |
| Home Depot, Inc. |
6.08%
1,143
|
$393,397,000 | 0.10% |
| Unitedhealth Group Inc |
30.92%
755
|
$384,546,000 | 0.10% |
| Marathon Oil Corporation |
Opened
13,322
|
$381,942,000 | 0.10% |
| Occidental Pete Corp |
Closed
6,339
|
$378,502,000 | |
| Polaris Inc |
Closed
3,890
|
$368,652,000 | |
| Vanguard Star Fds |
Opened
6,017
|
$362,825,000 | 0.09% |
| Costco Whsl Corp New |
9.66%
420
|
$356,737,000 | 0.09% |
| Select Sector Spdr Tr |
21.53%
3,907
|
$356,116,000 | 0.09% |
| Pimco Dynamic Income Fd |
2.13%
18,511
|
$348,192,000 | 0.09% |
| Us Bancorp Del |
3.02%
8,679
|
$344,549,000 | 0.09% |
| Waste Mgmt Inc Del |
0.13%
1,580
|
$337,077,000 | 0.09% |
| Oracle Corp. |
0.33%
2,386
|
$336,852,000 | 0.09% |
| Procter And Gamble Co |
5.18%
2,032
|
$335,110,000 | 0.09% |
| Boeing Co. |
90.12%
1,675
|
$304,937,000 | 0.08% |
| Chevron Corp. |
8.01%
1,884
|
$294,685,000 | 0.08% |
| Abbvie Inc |
10.91%
1,690
|
$289,896,000 | 0.08% |
| Johnson Johnson |
10.62%
1,970
|
$287,897,000 | 0.07% |
| Mcdonalds Corp |
1.17%
1,122
|
$286,011,000 | 0.07% |
| American Express Co. |
24.12%
1,233
|
$285,501,000 | 0.07% |
| Parker-Hannifin Corp. |
0.18%
560
|
$283,254,000 | 0.07% |
| Ishares Tr |
Opened
11,775
|
$282,365,000 | 0.07% |
| Copart, Inc. |
0.75%
5,159
|
$279,411,000 | 0.07% |
| Super Micro Computer Inc |
Opened
340
|
$278,579,000 | 0.07% |
| Verizon Communications Inc |
21.11%
6,678
|
$275,395,000 | 0.07% |
| Vanguard Charlotte Fds |
Opened
5,540
|
$269,632,000 | 0.07% |
| Merck Co Inc |
1.44%
2,125
|
$263,071,000 | 0.07% |
| Ishares Tr |
Closed
12,677
|
$458,778,000 | |
| First Tr Exchange Trad Fd Vi |
12.15%
10,705
|
$255,957,000 | 0.07% |
| Broadcom Inc |
Opened
159
|
$255,279,000 | 0.07% |
| Disney Walt Co |
1.55%
2,557
|
$253,865,000 | 0.07% |
| Bank America Corp |
0.36%
6,348
|
$252,459,000 | 0.07% |
| Stryker Corp. |
5.14%
736
|
$250,424,000 | 0.06% |
| Palo Alto Networks Inc |
3.13%
724
|
$245,443,000 | 0.06% |
| Intuitive Surgical Inc |
Opened
545
|
$242,443,000 | 0.06% |
| AMGEN Inc. |
Closed
840
|
$241,937,000 | |
| Sprott Physical Gold Silve |
No change
10,701
|
$235,957,000 | 0.06% |
| Ishares U S Etf Tr |
18.61%
8,607
|
$235,057,000 | 0.06% |
| Intel Corp. |
Closed
4,669
|
$234,608,000 | |
| Target Corp |
7.98%
1,580
|
$233,910,000 | 0.06% |
| Principal Financial Group In |
0.76%
2,884
|
$226,216,000 | 0.06% |
| Lattice Strategies Tr |
0.40%
5,487
|
$218,424,000 | 0.06% |
| Altria Group Inc. |
Opened
4,791
|
$218,218,000 | 0.06% |
| Micron Technology Inc. |
Opened
1,630
|
$214,394,000 | 0.06% |
| NextEra Energy Inc |
Opened
2,997
|
$212,207,000 | 0.05% |
| Marathon Digital Holdings In |
Opened
10,606
|
$210,529,000 | 0.05% |
| Conocophillips |
1.05%
1,832
|
$209,559,000 | 0.05% |
| First Tr Lrg Cp Vl Alphadex |
7.26%
2,836
|
$208,740,000 | 0.05% |
| International Business Machs |
Closed
1,258
|
$205,827,000 | |
| Sprott Physical Silver Tr |
No change
20,384
|
$202,413,000 | 0.05% |
| Marathon Pete Corp |
Closed
1,353
|
$200,731,000 | |
| Ast Spacemobile Inc |
3.70%
10,219
|
$118,643,000 | 0.03% |
| SoFi Technologies, Inc. |
50.00%
15,000
|
$99,150,000 | 0.03% |
| Hecla Mng Co |
0.04%
10,330
|
$50,101,000 | 0.01% |
| Vertical Aerospace Ltd |
Opened
17,621
|
$12,948,000 | 0.00% |
| Gevo Inc |
Opened
11,000
|
$6,129,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 102 holdings | |||
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