Foundation Wealth Management 13F annual report
Foundation Wealth Management is an investment fund managing more than $128 billion ran by Hannah Leone. There are currently 19 companies in Mrs. Leone’s portfolio. The largest investments include Ishares Tr and Apple Inc, together worth $103 billion.
$128 billion Assets Under Management (AUM)
As of 6th August 2024, Foundation Wealth Management’s top holding is 1,017,851 shares of Ishares Tr currently worth over $99 billion and making up 77.5% of the portfolio value.
In addition, the fund holds 17,809 shares of Apple Inc worth $3.75 billion, whose value grew 17.6% in the past six months.
The third-largest holding is Ishares Tr worth $12.4 billion and the next is Berkshire Hathaway worth $2.54 billion, with 6,250 shares owned.
Currently, Foundation Wealth Management's portfolio is worth at least $128 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 Foundation Wealth Management
The Foundation Wealth Management office and employees reside in Clayton, Missouri. According to the last 13-F report filed with the SEC, Hannah Leone serves as the Chief Operating Officer at Foundation Wealth Management.
Recent trades
In the most recent 13F filing, Foundation Wealth Management revealed that it had opened a new position in
Ishares Tr and bought 500,031 shares worth $12.4 billion.
The investment fund also strengthened its position in Ishares Tr by buying
7,626 additional shares.
This makes their stake in Ishares Tr total 1,017,851 shares worth $99 billion.
On the other hand, there are companies that Foundation Wealth Management is getting rid of from its portfolio.
Foundation Wealth Management closed its position in Tesla Inc on 13th August 2024.
It sold the previously owned 962 shares for $239 million.
Hannah Leone also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $3.75 billion and 17,809 shares.
One of the smallest hedge funds
The two most similar investment funds to Foundation Wealth Management are Secured Retirement Advisors and Masterton Capital Management, L.P.. They manage $128 billion and $128 billion respectively.
Hannah Leone investment strategy
Foundation Wealth Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 3.4% of
the total portfolio value.
The fund focuses on investments in the United States as
47.4% 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
47% of the total holdings value.
On the other hand, small-cap stocks make up only 5.3% of the portfolio.
The average market cap of the portfolio companies is close to $682 billion.
The complete list of Foundation Wealth Management trades based on 13F SEC filings
These positions were updated on August 13th 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 |
0.75%
1,017,851
|
$98,966,344,000 | 77.55% |
| Apple Inc |
5.93%
17,809
|
$3,750,691,000 | 2.94% |
| Ishares Tr |
Opened
500,031
|
$12,437,797,000 | 9.75% |
| Berkshire Hathaway Inc. |
0.81%
6,250
|
$2,542,074,000 | 1.99% |
| Microsoft Corporation |
10.55%
3,731
|
$1,667,453,000 | 1.31% |
| Alphabet Inc |
0.23%
10,531
|
$1,923,057,000 | 1.51% |
| Costco Whsl Corp New |
2.06%
949
|
$807,120,000 | 0.63% |
| Select Sector Spdr Tr |
Opened
19,118
|
$2,176,587,000 | 1.71% |
| JPMorgan Chase & Co. |
10.65%
2,097
|
$424,175,000 | 0.33% |
| Vanguard Scottsdale Fds |
No change
4,490
|
$421,164,000 | 0.33% |
| Grayscale Bitcoin Tr Btc |
Opened
6,647
|
$353,886,000 | 0.28% |
| Garmin Ltd |
No change
2,113
|
$344,250,000 | 0.27% |
| Vanguard Index Fds |
No change
834
|
$311,550,000 | 0.24% |
| Autozone Inc. |
No change
100
|
$296,410,000 | 0.23% |
| Amazon.com Inc. |
Opened
1,393
|
$269,216,000 | 0.21% |
| Ishares Gold Tr |
No change
5,999
|
$263,542,000 | 0.21% |
| Vanguard Index Fds |
Opened
1,140
|
$248,565,000 | 0.19% |
| Tesla Inc |
Closed
962
|
$238,843,000 | |
| NVIDIA Corp |
Closed
437
|
$216,496,000 | |
| Exxon Mobil Corp. |
Opened
1,807
|
$208,010,000 | 0.16% |
| Unitedhealth Group Inc |
1.92%
408
|
$207,778,000 | 0.16% |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||
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