Echo45 Advisors 13F annual report

Echo45 Advisors is an investment fund managing more than $142 billion ran by David Reichert. There are currently 42 companies in Mr. Reichert’s portfolio. The largest investments include Vanguard Tax-managed Fds and Invesco Actvely Mngd Etc Fd, together worth $28.9 billion.

Limited to 30 biggest holdings

$142 billion Assets Under Management (AUM)

As of 19th July 2024, Echo45 Advisors’s top holding is 297,160 shares of Vanguard Tax-managed Fds currently worth over $14.7 billion and making up 10.3% of the portfolio value. In addition, the fund holds 1,014,152 shares of Invesco Actvely Mngd Etc Fd worth $14.2 billion. The third-largest holding is Ishares Tr worth $13.2 billion and the next is Spdr Ser Tr worth $10.5 billion, with 420,017 shares owned.

Currently, Echo45 Advisors's portfolio is worth at least $142 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 Echo45 Advisors

The Echo45 Advisors office and employees reside in Walnut Creek, California. According to the last 13-F report filed with the SEC, David Reichert serves as the Chief Compliance Officer at Echo45 Advisors.

Recent trades

In the most recent 13F filing, Echo45 Advisors revealed that it had opened a new position in Invesco Exchange Traded Fd T and bought 44,488 shares worth $7.31 billion.

The investment fund also strengthened its position in Invesco Actvely Mngd Etc Fd by buying 440,701 additional shares. This makes their stake in Invesco Actvely Mngd Etc Fd total 1,014,152 shares worth $14.2 billion.

On the other hand, there are companies that Echo45 Advisors is getting rid of from its portfolio. Echo45 Advisors closed its position in Lowes Cos Inc on 26th July 2024. It sold the previously owned 1,079 shares for $275 million. David Reichert also disclosed a decreased stake in Vanguard Tax-managed Fds by 0.2%. This leaves the value of the investment at $14.7 billion and 297,160 shares.

One of the smallest hedge funds

The two most similar investment funds to Echo45 Advisors are Otter Creek Advisors and Helios Capital Management Pte. Ltd. They manage $142 billion and $142 billion respectively.

David Reichert investment strategy

Echo45 Advisors’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Technology — making up 4.6% of the total portfolio value. The fund focuses on investments in the United States as 42.9% 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 45% of the total holdings value. On the other hand, small-cap stocks make up only 2.4% of the portfolio. The average market cap of the portfolio companies is close to $526 billion.

The complete list of Echo45 Advisors trades based on 13F SEC filings

These positions were updated on July 26th 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 Tax-managed Fds	20.69% 297,160	$14,685,651,000	10.32%
Invesco Actvely Mngd Etc Fd	76.85% 1,014,152	$14,248,838,000	10.01%
Ishares Tr	5.93% 116,508	$13,231,932,000	9.30%
Spdr Ser Tr	29.97% 420,017	$10,487,817,000	7.37%
Vanguard Bd Index Fds	26.09% 119,791	$9,187,970,000	6.46%
Invesco Exch Traded Fd Tr Ii	52.57% 41,317	$8,144,051,000	5.72%
Spdr Dow Jones Indl Average	50.72% 19,634	$7,679,606,000	5.40%
Vanguard Scottsdale Fds	3.24% 132,070	$7,658,752,000	5.38%
Northern Lts Fd Tr Iv	87.89% 535,575	$7,348,093,000	5.16%
Invesco Exchange Traded Fd T	Opened 44,488	$7,308,507,000	5.14%
Vanguard Intl Equity Index F	12.10% 151,316	$6,621,587,000	4.65%
Vanguard Index Fds	10.60% 65,473	$10,747,048,000	7.55%
Vanguard Whitehall Fds	28.58% 58,926	$3,707,015,000	2.60%
Ishares Tr	Opened 29,504	$3,030,075,000	2.13%
Microsoft Corporation	14.60% 5,001	$2,235,197,000	1.57%
Apple Inc	37.77% 9,369	$1,973,299,000	1.39%
VanEck ETF Trust	Opened 46,311	$1,571,330,000	1.10%
Northern Lts Fd Tr Iv	Opened 69,203	$1,561,231,000	1.10%
NVIDIA Corp	709.66% 11,732	$1,449,371,000	1.02%
Amazon.com Inc.	10.53% 5,922	$1,144,427,000	0.80%
Alphabet Inc	22.97% 6,571	$1,199,342,000	0.84%
Meta Platforms Inc	13.36% 1,401	$706,412,000	0.50%
Costco Whsl Corp New	15.75% 706	$600,093,000	0.42%
Eli Lilly Co	12.60% 569	$515,161,000	0.36%
Broadcom Inc	14.61% 263	$422,254,000	0.30%
Visa Inc	15.91% 1,586	$416,277,000	0.29%
Jpmorgan Chase Co.	9.32% 1,946	$393,598,000	0.28%
Berkshire Hathaway Inc.	12.72% 913	$371,408,000	0.26%
Mastercard Incorporated	7.60% 839	$370,133,000	0.26%
Walmart Inc	15.60% 5,127	$347,149,000	0.24%
Home Depot, Inc.	12.48% 940	$323,586,000	0.23%
Unitedhealth Group Inc	26.98% 617	$314,213,000	0.22%
Thermo Fisher Scientific Inc.	10.08% 562	$310,786,000	0.22%
Lowes Cos Inc	Closed 1,079	$274,854,000
Bitwise Bitcoin Etf Tr	Opened 7,879	$257,565,000	0.18%
Oreilly Automotive Inc	Closed 225	$253,998,000
Adobe Inc	12.35% 440	$244,438,000	0.17%
Salesforce Inc	Closed 804	$242,149,000
Chubb Limited	19.07% 942	$240,285,000	0.17%
Tesla Inc	21.33% 1,199	$237,258,000	0.17%
Procter And Gamble Co	15.16% 1,433	$236,330,000	0.17%
Danaher Corp.	Closed 936	$233,738,000
Intuit Inc	16.30% 344	$226,080,000	0.16%
Abbott Labs	Closed 1,957	$222,433,000
Exxon Mobil Corp.	11.53% 1,926	$221,721,000	0.16%
Merck Co Inc	10.63% 1,748	$216,402,000	0.15%
Zoetis Inc	Closed 1,233	$208,636,000
Wells Fargo Co New	Closed 3,522	$204,135,000
Banco Bilbao Vizcaya Argenta	0.71% 12,829	$128,675,000	0.09%
No transactions found
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