Surience Private Wealth 13F annual report
Surience Private Wealth is an investment fund managing more than $69.6 billion ran by Armand Doucette. There are currently 20 companies in Mr. Doucette’s portfolio. The largest investments include Proshares Tr and Ishares Tr, together worth $20 billion.
$69.6 billion Assets Under Management (AUM)
As of 2nd August 2024, Surience Private Wealth’s top holding is 595,095 shares of Proshares Tr currently worth over $10.5 billion and making up 15.1% of the portfolio value.
In addition, the fund holds 65,249 shares of Ishares Tr worth $9.49 billion.
The third-largest holding is Spdr Dow Jones Indl Average worth $5.21 billion and the next is Uber Technologies Inc worth $4.24 billion, with 58,399 shares owned.
Currently, Surience Private Wealth's portfolio is worth at least $69.6 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 Surience Private Wealth
The Surience Private Wealth office and employees reside in Yakima, Washington. According to the last 13-F report filed with the SEC, Armand Doucette serves as the PRESIDENT, CHIEF INVESTMENT OFFICER at Surience Private Wealth.
Recent trades
In the most recent 13F filing, Surience Private Wealth revealed that it had opened a new position in
Proshares Tr and bought 595,095 shares worth $10.5 billion.
The investment fund also strengthened its position in Ishares Tr by buying
58,510 additional shares.
This makes their stake in Ishares Tr total 65,249 shares worth $9.49 billion.
On the other hand, there are companies that Surience Private Wealth is getting rid of from its portfolio.
Surience Private Wealth closed its position in Ishares Tr on 9th August 2024.
It sold the previously owned 292,614 shares for $32.7 billion.
Armand Doucette also disclosed a decreased stake in Spdr Ser Tr by 0.2%.
This leaves the value of the investment at $4.22 billion and 168,818 shares.
One of the smallest hedge funds
The two most similar investment funds to Surience Private Wealth are Scoggin Management L.P. and Alterity. They manage $69.6 billion and $69.7 billion respectively.
Armand Doucette investment strategy
Surience Private Wealth’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 18.6% of
the total portfolio value.
The fund focuses on investments in the United States as
35.0% 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
40% of the total holdings value.
On the other hand, small-cap stocks make up 10.0% of the portfolio.
The average market cap of the portfolio companies is close to $625 billion.
The complete list of Surience Private Wealth trades based on 13F SEC filings
These positions were updated on August 9th 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 |
Closed
292,614
|
$32,709,293,000 | |
| Proshares Tr |
Opened
595,095
|
$10,539,037,000 | 15.13% |
| Ishares Tr |
868.23%
65,249
|
$9,492,134,000 | 13.63% |
| Spdr Dow Jones Indl Average |
Opened
13,314
|
$5,207,505,000 | 7.48% |
| Uber Technologies Inc |
Opened
58,399
|
$4,244,439,000 | 6.09% |
| Spdr Ser Tr |
19.24%
168,818
|
$4,215,385,000 | 6.05% |
| Alphabet Inc |
Opened
21,865
|
$4,010,497,000 | 5.76% |
| Apple Inc |
1,718.26%
19,019
|
$4,005,801,000 | 5.75% |
| Novo-nordisk A S |
Opened
27,979
|
$3,993,722,000 | 5.73% |
| Meta Platforms Inc |
16.97%
7,668
|
$3,866,375,000 | 5.55% |
| Morgan Stanley |
Opened
38,161
|
$3,708,868,000 | 5.33% |
| Suncor Energy, Inc. |
Opened
92,819
|
$3,536,410,000 | 5.08% |
| Fedex Corp |
Closed
11,638
|
$2,885,060,000 | |
| Shopify Inc |
Closed
44,317
|
$2,862,878,000 | |
| Southern Copper Corporation |
Closed
37,406
|
$2,683,506,000 | |
| JPMorgan Chase & Co. |
Closed
18,423
|
$2,679,441,000 | |
| Boston Scientific Corp. |
Closed
49,390
|
$2,671,505,000 | |
| Zoom Video Communications In |
Closed
38,967
|
$2,645,080,000 | |
| Enterprise Prods Partners L |
Closed
99,354
|
$2,617,978,000 | |
| Mondelez International Inc. |
Closed
34,412
|
$2,510,011,000 | |
| Select Sector Spdr Tr |
Opened
24,713
|
$2,252,590,000 | 3.23% |
| VanEck ETF Trust |
Opened
41,194
|
$3,350,655,000 | 4.81% |
| NVIDIA Corp |
Closed
4,347
|
$1,838,868,000 | |
| Sprott Physical Silver Tr |
Opened
173,170
|
$1,719,578,000 | 2.47% |
| Advanced Micro Devices Inc. |
Closed
14,604
|
$1,663,542,000 | |
| Ishares Tr |
Opened
20,450
|
$1,967,070,000 | 2.82% |
| Costco Whsl Corp New |
Opened
1,550
|
$1,317,485,000 | 1.89% |
| Tesla Inc |
Opened
4,395
|
$869,683,000 | 1.25% |
| Microsoft Corporation |
40.70%
1,804
|
$806,303,000 | 1.16% |
| Spdr S&p 500 Etf Tr |
Closed
1,378
|
$610,840,000 | |
| Vanguard Malvern Fds |
Closed
10,379
|
$492,172,000 | |
| Amazon.com Inc. |
No change
1,760
|
$340,120,000 | 0.49% |
| Vanguard Intl Equity Index F |
Closed
5,423
|
$295,065,000 | |
| Direxion Shs Etf Tr |
Opened
6,184
|
$201,969,000 | 0.29% |
| No transactions found | |||
| Showing first 500 out of 34 holdings | |||
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