Powell Investment Advisors 13F annual report
Powell Investment Advisors is an investment fund managing more than $159 billion ran by Jesse Wachs. There are currently 101 companies in Mr. Wachs’s portfolio. The largest investments include Ishares Tr and Vanguard Intl Equity Index F, together worth $95.3 billion.
$159 billion Assets Under Management (AUM)
As of 9th October 2023, Powell Investment Advisors’s top holding is 909,065 shares of Ishares Tr currently worth over $91.3 billion and making up 57.3% of the portfolio value.
In addition, the fund holds 103,010 shares of Vanguard Intl Equity Index F worth $4.04 billion.
The third-largest holding is Amazon.com worth $3.98 billion and the next is Fidelity Merrimack Str Tr worth $3.95 billion, with 90,457 shares owned.
Currently, Powell Investment Advisors's portfolio is worth at least $159 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 Powell Investment Advisors
The Powell Investment Advisors office and employees reside in Miami, Florida. According to the last 13-F report filed with the SEC, Jesse Wachs serves as the Partner, CIO at Powell Investment Advisors.
Recent trades
In the most recent 13F filing, Powell Investment Advisors revealed that it had opened a new position in
NVIDIA Corp and bought 1,020 shares worth $444 million.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
9.8%
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 Amazon.com by buying
1,847 additional shares.
This makes their stake in Amazon.com total 31,311 shares worth $3.98 billion.
Amazon.com dropped approximately 0.1% in the past year.
On the other hand, there are companies that Powell Investment Advisors is getting rid of from its portfolio.
Powell Investment Advisors closed its position in Spdr Ser Tr on 16th October 2023.
It sold the previously owned 10,750 shares for $471 million.
Jesse Wachs also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $91.3 billion and 909,065 shares.
One of the smallest hedge funds
The two most similar investment funds to Powell Investment Advisors are Red Tortoise and Shira Ridge Wealth Management. They manage $159 billion and $159 billion respectively.
Jesse Wachs investment strategy
Powell Investment Advisors’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 5.5% of
the total portfolio value.
The fund focuses on investments in the United States as
48.5% 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
50% of the total holdings value.
On the other hand, small-cap stocks make up only 4.0% of the portfolio.
The average market cap of the portfolio companies is close to $212 billion.
The complete list of Powell Investment Advisors trades based on 13F SEC filings
These positions were updated on October 16th 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 |
|---|---|---|---|
| Ishares Tr |
5.96%
909,065
|
$91,276,077,000 | 57.32% |
| Vanguard Intl Equity Index F |
6.02%
103,010
|
$4,039,030,000 | 2.54% |
| Amazon.com Inc. |
6.27%
31,311
|
$3,980,254,000 | 2.50% |
| Fidelity Merrimack Str Tr |
42.69%
90,457
|
$3,953,779,000 | 2.48% |
| Vanguard Scottsdale Fds |
49.35%
39,565
|
$3,008,476,000 | 1.89% |
| Apple Inc |
0.35%
14,855
|
$2,543,328,000 | 1.60% |
| Global X Fds |
2.98%
71,078
|
$2,139,817,000 | 1.34% |
| Spdr Ser Tr |
5.50%
57,112
|
$3,076,026,000 | 1.93% |
| Berkshire Hathaway Inc. |
No change
4,248
|
$1,488,074,000 | 0.93% |
| VanEck ETF Trust |
0.15%
88,282
|
$1,487,310,000 | 0.93% |
| Pimco Etf Tr |
32.61%
14,641
|
$1,466,190,000 | 0.92% |
| Vanguard Index Fds |
4.38%
9,394
|
$2,066,253,000 | 1.30% |
| Spdr S&p 500 Etf Tr |
9.18%
3,188
|
$1,367,868,000 | 0.86% |
| Microsoft Corporation |
25.60%
4,067
|
$1,284,237,000 | 0.81% |
| JPMorgan Chase & Co. |
No change
7,257
|
$1,052,410,000 | 0.66% |
| Sonoco Prods Co |
1.31%
19,300
|
$1,048,969,000 | 0.66% |
| Allison Transmission Hldgs I |
5.54%
16,296
|
$962,442,000 | 0.60% |
| Goldman Sachs Group, Inc. |
1.11%
2,936
|
$949,921,000 | 0.60% |
| Liberty Broadband Corp |
14.20%
10,274
|
$938,222,000 | 0.59% |
| Alps Etf Tr |
46.29%
22,193
|
$936,536,000 | 0.59% |
| Select Sector Spdr Tr |
37.45%
36,266
|
$2,055,322,000 | 1.29% |
| Tesla Inc |
2.39%
3,478
|
$870,265,000 | 0.55% |
| Cheniere Energy Partners LP |
4.23%
15,436
|
$836,470,000 | 0.53% |
| Brookfield Corp |
No change
26,044
|
$814,396,000 | 0.51% |
| Ford Mtr Co Del |
5.76%
60,165
|
$747,253,000 | 0.47% |
| General Mls Inc |
0.95%
11,559
|
$739,630,000 | 0.46% |
| Exxon Mobil Corp. |
62.11%
6,116
|
$719,119,000 | 0.45% |
| Alphabet Inc |
18.20%
7,210
|
$945,362,000 | 0.59% |
| Southern Copper Corporation |
No change
9,177
|
$690,936,000 | 0.43% |
| Home Depot, Inc. |
2.90%
2,274
|
$687,143,000 | 0.43% |
| Schwab Charles Corp |
No change
11,738
|
$644,416,000 | 0.40% |
| International Business Machs |
9.64%
4,576
|
$641,973,000 | 0.40% |
| Lennar Corp. |
4.53%
5,392
|
$605,144,000 | 0.38% |
| Blackstone Inc |
0.02%
5,520
|
$591,413,000 | 0.37% |
| Cisco Sys Inc |
No change
10,857
|
$583,672,000 | 0.37% |
| Consolidated Edison, Inc. |
No change
6,671
|
$570,571,000 | 0.36% |
| Molson Coors Beverage Company |
4.27%
8,612
|
$547,626,000 | 0.34% |
| NextEra Energy Inc |
No change
9,330
|
$534,516,000 | 0.34% |
| Gilead Sciences, Inc. |
0.01%
7,118
|
$533,392,000 | 0.33% |
| Tyler Technologies, Inc. |
No change
1,309
|
$505,457,000 | 0.32% |
| American Elec Pwr Co Inc |
3.66%
6,708
|
$504,576,000 | 0.32% |
| Bristol-Myers Squibb Co. |
No change
8,653
|
$502,220,000 | 0.32% |
| Spdr Ser Tr |
Closed
10,750
|
$471,495,000 | |
| Mcdonalds Corp |
No change
1,777
|
$468,133,000 | 0.29% |
| Goldman Sachs Etf Tr |
No change
5,552
|
$467,645,000 | 0.29% |
| Blackrock Inc. |
4.09%
704
|
$455,159,000 | 0.29% |
| Marsh & McLennan Cos., Inc. |
No change
2,359
|
$448,918,000 | 0.28% |
| Pfizer Inc. |
5.04%
13,531
|
$448,823,000 | 0.28% |
| NVIDIA Corp |
Opened
1,020
|
$443,784,000 | 0.28% |
| Abrdn Precious Metals Basket |
33.23%
5,114
|
$430,368,000 | 0.27% |
| AT&T, Inc. |
4.46%
28,296
|
$425,010,000 | 0.27% |
| Merck & Co Inc |
No change
3,950
|
$409,536,000 | 0.26% |
| Sensata Technologies Hldg Pl |
Closed
7,561
|
$378,201,000 | |
| Citigroup Inc |
4.10%
9,062
|
$372,706,000 | 0.23% |
| Lamar Advertising Co |
4.41%
4,461
|
$372,322,000 | 0.23% |
| Johnson & Johnson |
No change
2,257
|
$351,528,000 | 0.22% |
| Chevron Corp. |
2.19%
2,054
|
$346,403,000 | 0.22% |
| Morgan Stanley |
1.91%
4,212
|
$344,021,000 | 0.22% |
| Netflix Inc. |
No change
892
|
$336,819,000 | 0.21% |
| Philip Morris International Inc |
No change
3,587
|
$336,748,000 | 0.21% |
| Eli Lilly & Co |
No change
619
|
$332,483,000 | 0.21% |
| UBS Group AG |
Closed
15,000
|
$320,100,000 | |
| Avery Dennison Corp. |
8.14%
1,704
|
$311,270,000 | 0.20% |
| Lockheed Martin Corp. |
No change
737
|
$301,404,000 | 0.19% |
| Paychex Inc. |
0.13%
2,390
|
$275,595,000 | 0.17% |
| Sea Ltd |
Opened
6,039
|
$265,414,000 | 0.17% |
| Shopify Inc |
Opened
4,835
|
$263,846,000 | 0.17% |
| Cable One Inc |
45.03%
415
|
$255,491,000 | 0.16% |
| Verizon Communications Inc |
Closed
6,491
|
$252,416,000 | |
| Spdr Dow Jones Indl Average |
25.00%
750
|
$251,905,000 | 0.16% |
| Apollo Global Mgmt Inc |
Opened
2,791
|
$250,520,000 | 0.16% |
| Warner Music Group Corp. |
Opened
7,943
|
$249,396,000 | 0.16% |
| Coca-Cola Co |
60.04%
4,275
|
$241,270,000 | 0.15% |
| Atlassian Corporation |
Opened
1,190
|
$239,797,000 | 0.15% |
| Charter Communications Inc N |
Opened
544
|
$239,262,000 | 0.15% |
| Intuit Inc |
Opened
445
|
$227,368,000 | 0.14% |
| Walgreens Boots Alliance Inc |
5.25%
9,984
|
$222,033,000 | 0.14% |
| Enbridge Inc |
No change
6,585
|
$220,861,000 | 0.14% |
| Uber Technologies Inc |
Opened
4,775
|
$219,602,000 | 0.14% |
| Medtronic Plc |
Closed
2,693
|
$218,941,000 | |
| MetLife, Inc. |
No change
3,472
|
$218,424,000 | 0.14% |
| Waste Mgmt Inc Del |
No change
1,427
|
$217,532,000 | 0.14% |
| ServiceNow Inc |
Opened
385
|
$215,200,000 | 0.14% |
| Brookfield Asset Managmt Ltd |
Closed
6,555
|
$214,480,000 | |
| National Retail Properties I |
Closed
4,835
|
$213,465,000 | |
| Williams Cos Inc |
Opened
6,202
|
$208,945,000 | 0.13% |
| Enterprise Prods Partners L |
Opened
7,552
|
$206,693,000 | 0.13% |
| Nuveen Amt Free Mun Cr Inc F |
49.91%
19,838
|
$205,377,000 | 0.13% |
| Lam Research Corp. |
Opened
322
|
$202,464,000 | 0.13% |
| Heico Corp. |
No change
1,239
|
$200,631,000 | 0.13% |
| Federal Rlty Invt Tr New |
No change
2,183
|
$200,225,000 | 0.13% |
| Hancock John Tax-advantaged |
4.86%
10,100
|
$179,376,000 | 0.11% |
| Bank America Corp |
No change
6,326
|
$173,206,000 | 0.11% |
| Vanguard Index Fds |
Closed
755
|
$163,390,000 | |
| Tekla Life Sciences Invs |
No change
12,731
|
$158,756,000 | 0.10% |
| Whitehorse Fin Inc |
No change
11,060
|
$145,328,000 | 0.09% |
| Wells Fargo Co New |
No change
3,269
|
$241,336,000 | 0.15% |
| Advisorshares Tr |
Closed
22,685
|
$129,078,000 | |
| Nuveen Municipal Credit Inc |
1.98%
11,343
|
$118,797,000 | 0.07% |
| Vodafone Group plc |
No change
10,724
|
$101,661,000 | 0.06% |
| Beyond Air, Inc. |
241.67%
41,000
|
$94,710,000 | 0.06% |
| Franklin Ltd Duration Income |
No change
14,627
|
$89,078,000 | 0.06% |
| Ishares Tr |
Opened
900
|
$62,325,000 | 0.04% |
| Amtd Digital Inc |
Opened
10,355
|
$57,056,000 | 0.04% |
| Ginkgo Bioworks Holdings Inc |
47.67%
22,500
|
$40,725,000 | 0.03% |
| Eos Energy Enterprises, Inc. |
Opened
18,000
|
$38,700,000 | 0.02% |
| Humacyte Inc |
Opened
12,000
|
$35,160,000 | 0.02% |
| Lumen Technologies, Inc. |
Closed
12,618
|
$33,437,000 | |
| Cybin Inc |
No change
60,000
|
$31,884,000 | 0.02% |
| Bigbear Ai Hldgs Inc |
Opened
18,020
|
$27,210,000 | 0.02% |
| Mogo Inc |
Closed
25,000
|
$16,428,000 | |
| Ensysce Biosciences Inc |
Closed
3,333
|
$16,198,000 | |
| Wheels Up Experience Inc |
Closed
14,000
|
$8,859,000 | |
| Foxo Technologies Inc |
No change
19,500
|
$2,059,000 | 0.00% |
| Ishares Tr |
No change
0
|
$0 | |
| No transactions found | |||
| Showing first 500 out of 115 holdings | |||
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