Emerald Advisors 13F annual report
Emerald Advisors is an investment fund managing more than $658 billion ran by Michael Smith. There are currently 69 companies in Mr. Smith’s portfolio. The largest investments include Costco Whsl Corp New and Vanguard Index Fds, together worth $554 billion.
$658 billion Assets Under Management (AUM)
As of 8th July 2024, Emerald Advisors’s top holding is 632,463 shares of Costco Whsl Corp New currently worth over $538 billion and making up 81.7% of the portfolio value.
In addition, the fund holds 80,381 shares of Vanguard Index Fds worth $16.7 billion.
The third-largest holding is Ishares Inc worth $6.85 billion and the next is Ishares Tr worth $28.9 billion, with 441,848 shares owned.
Currently, Emerald Advisors's portfolio is worth at least $658 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 Emerald Advisors
The Emerald Advisors office and employees reside in Bellevue, Washington. According to the last 13-F report filed with the SEC, Michael Smith serves as the Member and CCO at Emerald Advisors.
Recent trades
In the most recent 13F filing, Emerald Advisors revealed that it had opened a new position in
Spdr Ser Tr and bought 6,414 shares worth $589 million.
The investment fund also strengthened its position in Costco Whsl Corp New by buying
29,113 additional shares.
This makes their stake in Costco Whsl Corp New total 632,463 shares worth $538 billion.
On the other hand, there are companies that Emerald Advisors is getting rid of from its portfolio.
Emerald Advisors closed its position in Chipotle Mexican Grill on 15th July 2024.
It sold the previously owned 300 shares for $872 million.
Michael Smith also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $16.7 billion and 80,381 shares.
One of the average hedge funds
The two most similar investment funds to Emerald Advisors are Avitas Wealth Management and Auxier Asset Management. They manage $658 billion and $657 billion respectively.
Michael Smith investment strategy
Emerald Advisors’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 1.8% of
the total portfolio value.
The fund focuses on investments in the United States as
52.2% 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
51% 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 $329 billion.
The complete list of Emerald Advisors trades based on 13F SEC filings
These positions were updated on July 15th 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 |
|---|---|---|---|
| Costco Whsl Corp New |
4.83%
632,463
|
$537,587,243,000 | 81.71% |
| Vanguard Index Fds |
0.69%
80,381
|
$16,680,959,000 | 2.54% |
| Ishares Inc |
5.66%
127,921
|
$6,847,628,000 | 1.04% |
| Ishares Tr |
2.89%
441,848
|
$28,891,609,000 | 4.39% |
| Microsoft Corporation |
0.88%
11,644
|
$5,204,158,000 | 0.79% |
| Goldman Sachs Etf Tr |
2.22%
69,039
|
$5,627,857,000 | 0.86% |
| Apple Inc |
2.14%
20,478
|
$4,313,118,000 | 0.66% |
| Amazon.com Inc. |
1.00%
17,944
|
$3,467,678,000 | 0.53% |
| Schwab Strategic Tr |
4.24%
57,563
|
$4,395,081,000 | 0.67% |
| Alphabet Inc |
1.83%
17,754
|
$3,250,960,000 | 0.49% |
| Vanguard Charlotte Fds |
2.18%
46,832
|
$2,279,295,000 | 0.35% |
| Vanguard Specialized Funds |
4.71%
9,144
|
$1,669,302,000 | 0.25% |
| NVIDIA Corp |
860.64%
12,277
|
$1,516,720,000 | 0.23% |
| Invesco Exch Traded Fd Tr Ii |
0.39%
5,942
|
$1,171,283,000 | 0.18% |
| J P Morgan Exchange Traded F |
6.51%
19,586
|
$1,157,144,000 | 0.18% |
| Home Depot, Inc. |
2.46%
3,334
|
$1,147,663,000 | 0.17% |
| Chevron Corp. |
19.07%
7,243
|
$1,133,016,000 | 0.17% |
| Global X Fds |
4.76%
55,609
|
$2,118,755,000 | 0.32% |
| Coca-Cola Co |
2.80%
16,676
|
$1,061,413,000 | 0.16% |
| Pepsico Inc |
5.17%
6,241
|
$1,029,357,000 | 0.16% |
| AMGEN Inc. |
5.52%
3,147
|
$983,166,000 | 0.15% |
| Broadcom Inc. |
28.77%
609
|
$976,970,000 | 0.15% |
| Cisco Sys Inc |
8.47%
20,258
|
$962,476,000 | 0.15% |
| Blackrock Inc. |
11.68%
1,186
|
$933,477,000 | 0.14% |
| Texas Instrs Inc |
9.60%
4,682
|
$910,797,000 | 0.14% |
| First Tr Exchange Traded Fd |
0.92%
24,044
|
$1,668,955,000 | 0.25% |
| Lockheed Martin Corp. |
5.80%
1,934
|
$903,175,000 | 0.14% |
| Berkshire Hathaway Inc. |
12.91%
2,186
|
$889,265,000 | 0.14% |
| Chipotle Mexican Grill |
Closed
300
|
$872,031,000 | |
| Newmont Corp |
17.02%
20,815
|
$871,505,000 | 0.13% |
| Vulcan Matls Co |
No change
3,201
|
$796,025,000 | 0.12% |
| Verizon Communications Inc |
4.12%
17,847
|
$736,002,000 | 0.11% |
| United Parcel Service, Inc. |
39.78%
5,278
|
$722,311,000 | 0.11% |
| Spdr Ser Tr |
9.94%
11,227
|
$718,534,000 | 0.11% |
| Pfizer Inc. |
28.28%
25,149
|
$703,675,000 | 0.11% |
| Jpmorgan Chase Co. |
13.26%
3,133
|
$633,729,000 | 0.10% |
| Vanguard Intl Equity Index F |
6.91%
14,185
|
$620,741,000 | 0.09% |
| Procter And Gamble Co |
1.56%
3,733
|
$615,632,000 | 0.09% |
| Xcel Energy Inc. |
No change
11,366
|
$607,058,000 | 0.09% |
| Merck Co Inc |
42.22%
4,822
|
$597,025,000 | 0.09% |
| Spdr Ser Tr |
Opened
6,414
|
$588,645,000 | 0.09% |
| Eli Lilly Co |
No change
635
|
$574,935,000 | 0.09% |
| Eog Res Inc |
22.02%
4,294
|
$540,466,000 | 0.08% |
| Vanguard Scottsdale Fds |
3.20%
10,108
|
$871,618,000 | 0.13% |
| Netflix Inc. |
No change
765
|
$516,283,000 | 0.08% |
| Valero Energy Corp. |
21.12%
3,126
|
$490,063,000 | 0.07% |
| NextEra Energy Inc |
Closed
7,601
|
$485,808,000 | |
| Bristol-Myers Squibb Co. |
Opened
11,239
|
$466,763,000 | 0.07% |
| Illinois Tool Wks Inc |
Closed
1,738
|
$466,332,000 | |
| Visa Inc |
0.79%
1,776
|
$466,205,000 | 0.07% |
| Abbvie Inc |
Opened
2,648
|
$454,185,000 | 0.07% |
| Johnson Johnson |
3.63%
3,027
|
$442,448,000 | 0.07% |
| Exxon Mobil Corp. |
7.86%
3,690
|
$424,847,000 | 0.06% |
| Us Bancorp Del |
76.30%
10,578
|
$419,960,000 | 0.06% |
| Meta Platforms Inc |
8.35%
790
|
$398,116,000 | 0.06% |
| Unitedhealth Group Inc |
0.13%
743
|
$378,321,000 | 0.06% |
| Vanguard Tax-managed Fds |
3.19%
7,415
|
$366,470,000 | 0.06% |
| Vanguard World Fd |
No change
2,237
|
$669,839,000 | 0.10% |
| Kimberly-Clark Corp. |
12.73%
2,418
|
$334,227,000 | 0.05% |
| Paychex Inc. |
21.74%
2,677
|
$317,382,000 | 0.05% |
| 3M Co. |
Closed
2,975
|
$315,528,000 | |
| Comcast Corp New |
Closed
7,148
|
$309,875,000 | |
| Fastenal Co. |
59.94%
4,891
|
$307,352,000 | 0.05% |
| Oneok Inc. |
Opened
3,697
|
$301,469,000 | 0.05% |
| Schwab Strategic Tr |
Closed
11,762
|
$297,002,000 | |
| Qualcomm, Inc. |
16.25%
1,417
|
$282,150,000 | 0.04% |
| Allstate Corp (The) |
Closed
1,586
|
$274,388,000 | |
| Mastercard Incorporated |
6.54%
619
|
$272,969,000 | 0.04% |
| HCA Healthcare Inc |
Closed
750
|
$250,148,000 | |
| Ishares Tr |
Closed
4,927
|
$246,117,000 | |
| Honeywell International Inc |
33.13%
1,118
|
$238,736,000 | 0.04% |
| Automatic Data Processing In |
64.12%
980
|
$233,851,000 | 0.04% |
| Ford Mtr Co Del |
Opened
18,338
|
$229,959,000 | 0.03% |
| Spdr Index Shs Fds |
Closed
5,364
|
$229,686,000 | |
| Intuit Inc |
6.29%
338
|
$222,453,000 | 0.03% |
| Amplify Etf Tr |
6.47%
6,231
|
$221,014,000 | 0.03% |
| Starbucks Corp. |
26.12%
2,806
|
$218,440,000 | 0.03% |
| CSX Corp. |
No change
6,082
|
$203,432,000 | 0.03% |
| Soundhound Ai Inc |
No change
10,000
|
$39,500,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 79 holdings | |||
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