Forthright Family Wealth Advisory 13F annual report
Forthright Family Wealth Advisory is an investment fund managing more than $155 billion ran by Neal Carlson. There are currently 37 companies in Mr. Carlson’s portfolio. The largest investments include Spdr Ser Tr and Ishares Tr, together worth $99.9 billion.
$155 billion Assets Under Management (AUM)
As of 5th August 2024, Forthright Family Wealth Advisory’s top holding is 770,365 shares of Spdr Ser Tr currently worth over $46.8 billion and making up 30.2% of the portfolio value.
In addition, the fund holds 642,527 shares of Ishares Tr worth $53.1 billion.
The third-largest holding is Schwab Strategic Tr worth $8.5 billion and the next is Vanguard Scottsdale Fds worth $10.1 billion, with 203,924 shares owned.
Currently, Forthright Family Wealth Advisory's portfolio is worth at least $155 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 Forthright Family Wealth Advisory
The Forthright Family Wealth Advisory office and employees reside in Houston, Texas. According to the last 13-F report filed with the SEC, Neal Carlson serves as the Managing Director at Forthright Family Wealth Advisory.
Recent trades
In the most recent 13F filing, Forthright Family Wealth Advisory revealed that it had opened a new position in
Procore Technologies and bought 9,064 shares worth $601 million.
This means they effectively own approximately 0.1% of the company.
Procore Technologies makes up
16.7%
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 Ishares Tr by buying
16,253 additional shares.
This makes their stake in Ishares Tr total 642,527 shares worth $53.1 billion.
On the other hand, Neal Carlson disclosed a decreased stake in Spdr Ser Tr by approximately 0.1%.
This leaves the value of the investment at $46.8 billion and 770,365 shares.
One of the smallest hedge funds
The two most similar investment funds to Forthright Family Wealth Advisory are Valence8 Us L.P. and Carlsbad Wealth Advisory. They manage $155 billion and $155 billion respectively.
Neal Carlson investment strategy
Forthright Family Wealth Advisory’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.4% of
the total portfolio value.
The fund focuses on investments in the United States as
51.4% 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
38% of the total holdings value.
On the other hand, small-cap stocks make up only 5.4% of the portfolio.
The average market cap of the portfolio companies is close to $350 billion.
The complete list of Forthright Family Wealth Advisory trades based on 13F SEC filings
These positions were updated on August 12th 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 |
|---|---|---|---|
| Spdr Ser Tr |
1.39%
770,365
|
$46,802,524,000 | 30.16% |
| Ishares Tr |
2.60%
642,527
|
$53,104,149,000 | 34.22% |
| Schwab Strategic Tr |
8.67%
187,974
|
$8,500,377,000 | 5.48% |
| Vanguard Scottsdale Fds |
1.82%
203,924
|
$10,067,027,000 | 6.49% |
| Vanguard Bd Index Fds |
9.77%
70,775
|
$5,293,989,000 | 3.41% |
| Apple Inc |
4.33%
13,455
|
$2,833,832,000 | 1.83% |
| Ishares Inc |
0.38%
88,826
|
$4,800,596,000 | 3.09% |
| Vanguard Index Fds |
2.79%
7,561
|
$3,037,671,000 | 1.96% |
| Fidelity Merrimack Str Tr |
16.14%
52,095
|
$2,340,628,000 | 1.51% |
| Spdr S&p 500 Etf Tr |
No change
3,655
|
$1,989,124,000 | 1.28% |
| Dimensional Etf Trust |
4.01%
112,790
|
$4,219,333,000 | 2.72% |
| Microsoft Corporation |
11.78%
3,349
|
$1,496,997,000 | 0.96% |
| Vanguard Tax-managed Fds |
2.56%
29,993
|
$1,482,267,000 | 0.96% |
| Philip Morris International Inc |
1.00%
10,102
|
$1,023,636,000 | 0.66% |
| Vanguard Charlotte Fds |
0.37%
17,674
|
$860,178,000 | 0.55% |
| Amazon.com Inc. |
11.24%
3,661
|
$707,488,000 | 0.46% |
| Procore Technologies, Inc. |
Opened
9,064
|
$601,034,000 | 0.39% |
| Vanguard World Fd |
9.50%
4,478
|
$571,258,000 | 0.37% |
| Fidelity Covington Trust |
17.90%
21,416
|
$548,149,000 | 0.35% |
| Alphabet Inc |
4.56%
2,984
|
$543,536,000 | 0.35% |
| Vanguard Intl Equity Index F |
4.77%
12,378
|
$541,649,000 | 0.35% |
| NVIDIA Corp |
1,248.14%
3,977
|
$491,319,000 | 0.32% |
| American Centy Etf Tr |
Opened
5,430
|
$341,221,000 | 0.22% |
| Boston Scientific Corp. |
7.36%
4,318
|
$332,529,000 | 0.21% |
| Progressive Corp. |
10.49%
1,411
|
$293,079,000 | 0.19% |
| Unitedhealth Group Inc |
10.42%
572
|
$291,297,000 | 0.19% |
| Old Dominion Freight Line In |
2.38%
1,460
|
$257,836,000 | 0.17% |
| Fidelity Covington Trust |
Opened
7,978
|
$251,841,000 | 0.16% |
| Meta Platforms Inc |
Opened
489
|
$246,564,000 | 0.16% |
| Home Depot, Inc. |
2.73%
678
|
$233,395,000 | 0.15% |
| Ares Capital Corp |
No change
11,000
|
$229,240,000 | 0.15% |
| CDW Corp |
No change
1,020
|
$228,317,000 | 0.15% |
| Altria Group Inc. |
No change
5,000
|
$227,750,000 | 0.15% |
| Bunge Global SA |
Opened
1,880
|
$200,728,000 | 0.13% |
| Goldman Sachs BDC Inc |
Opened
10,000
|
$150,300,000 | 0.10% |
| Cel-Sci Corp. |
No change
16,500
|
$19,140,000 | 0.01% |
| Enviva Inc |
No change
20,025
|
$8,611,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 37 holdings | |||
Hedge funds similar to Forthright Family Wealth Advisory
- Solas Capital Management
- Cowen Investment Management
- Hms Capital Management
- Emory University
- Bull Oak Capital
- Ironclad Investments
- Norwood Investment Partners, L.P.
- Valence8 Us L.P.
- Carlsbad Wealth Advisory
- Flower City Capital
- D. Scott Neal, Inc
- Slotnik Capital
- Sqn Investors L.P.
- Mendel Capital Management