Madden Advisory Services 13F annual report
Madden Advisory Services is an investment fund managing more than $195 billion ran by Michael Ellis. There are currently 35 companies in Mr. Ellis’s portfolio. The largest investments include Schwab Strategic Tr and Vanguard Index Fds, together worth $71 billion.
$195 billion Assets Under Management (AUM)
As of 31st July 2024, Madden Advisory Services’s top holding is 653,391 shares of Schwab Strategic Tr currently worth over $37.8 billion and making up 19.3% of the portfolio value.
In addition, the fund holds 136,673 shares of Vanguard Index Fds worth $33.2 billion.
The third-largest holding is Vanguard World Fd worth $30.9 billion and the next is Ishares Tr worth $46.1 billion, with 1,068,668 shares owned.
Currently, Madden Advisory Services's portfolio is worth at least $195 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 Madden Advisory Services
The Madden Advisory Services office and employees reside in Jacksonville, Florida. According to the last 13-F report filed with the SEC, Michael Ellis serves as the CEO at Madden Advisory Services.
Recent trades
In the most recent 13F filing, Madden Advisory Services revealed that it had opened a new position in
Vanguard Bd Index Fds and bought 5,202 shares worth $375 million.
The investment fund also strengthened its position in Vanguard Index Fds by buying
217 additional shares.
This makes their stake in Vanguard Index Fds total 136,673 shares worth $33.2 billion.
On the other hand, Michael Ellis disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%.
This leaves the value of the investment at $37.8 billion and 653,391 shares.
One of the smallest hedge funds
The two most similar investment funds to Madden Advisory Services are Fortress Wealth Management and Palisades Safety & Insurance Association. They manage $196 billion and $195 billion respectively.
Michael Ellis investment strategy
Madden Advisory Services’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 3.2% of
the total portfolio value.
The fund focuses on investments in the United States as
11.4% 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
11% of the total holdings value.
On the other hand, small-cap stocks make up only 5.7% of the portfolio.
The average market cap of the portfolio companies is close to $722 billion.
The complete list of Madden Advisory Services trades based on 13F SEC filings
These positions were updated on August 7th 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 |
|---|---|---|---|
| Schwab Strategic Tr |
0.65%
653,391
|
$37,821,343,000 | 19.35% |
| Vanguard Index Fds |
0.16%
136,673
|
$33,207,845,000 | 16.99% |
| Vanguard World Fd |
1.06%
99,479
|
$30,894,852,000 | 15.80% |
| Ishares Tr |
15.43%
1,068,668
|
$46,081,934,000 | 23.57% |
| Microsoft Corporation |
0.43%
14,155
|
$6,326,688,000 | 3.24% |
| Vanguard Star Fds |
4.02%
69,935
|
$4,217,099,000 | 2.16% |
| Spdr S&p 500 Etf Tr |
1.52%
7,741
|
$4,212,852,000 | 2.15% |
| Ishares Gold Tr |
1.90%
95,184
|
$4,181,433,000 | 2.14% |
| Vanguard Specialized Funds |
2.51%
19,612
|
$3,580,235,000 | 1.83% |
| VanEck ETF Trust |
9.01%
132,452
|
$3,797,261,000 | 1.94% |
| Vanguard Scottsdale Fds |
0.29%
29,599
|
$2,741,985,000 | 1.40% |
| Pimco Etf Tr |
28.28%
15,653
|
$1,488,131,000 | 0.76% |
| Select Sector Spdr Tr |
0.47%
41,540
|
$4,946,654,000 | 2.53% |
| Fidelity Covington Trust |
11.17%
23,154
|
$1,419,784,000 | 0.73% |
| Apple Inc |
6.21%
5,234
|
$1,102,279,000 | 0.56% |
| Alps Etf Tr |
0.41%
16,406
|
$866,713,000 | 0.44% |
| First Tr Exchange-traded Fd |
5.06%
13,574
|
$809,010,000 | 0.41% |
| Welltower Inc. |
1.77%
6,506
|
$678,251,000 | 0.35% |
| Vanguard Bd Index Fds |
11.21%
7,562
|
$580,029,000 | 0.30% |
| Vanguard Intl Equity Index F |
27.47%
12,873
|
$563,322,000 | 0.29% |
| Etfs Gold Tr |
0.69%
22,598
|
$502,128,000 | 0.26% |
| First Tr Exchange Traded Fd |
No change
7,790
|
$501,949,000 | 0.26% |
| Spdr Gold Tr |
1.99%
2,003
|
$430,665,000 | 0.22% |
| Spdr Ser Tr |
2.14%
23,173
|
$1,491,997,000 | 0.76% |
| Vanguard Bd Index Fds |
Opened
5,202
|
$374,804,000 | 0.19% |
| Sprott Physical Gold & Silve |
5.37%
16,795
|
$370,330,000 | 0.19% |
| Prudential Finl Inc |
26.57%
2,944
|
$345,007,000 | 0.18% |
| Spdr Index Shs Fds |
No change
8,939
|
$313,580,000 | 0.16% |
| Vanguard Malvern Fds |
12.67%
6,304
|
$305,996,000 | 0.16% |
| Schwab Strategic Tr |
Opened
6,387
|
$281,667,000 | 0.14% |
| Spdr S&p Midcap 400 Etf Tr |
4.67%
426
|
$227,944,000 | 0.12% |
| Mcdonalds Corp |
Opened
844
|
$215,183,000 | 0.11% |
| Pepsico Inc |
1.30%
1,293
|
$213,236,000 | 0.11% |
| Johnson & Johnson |
7.66%
1,405
|
$205,391,000 | 0.11% |
| Inventrust Pptys Corp |
No change
8,173
|
$202,363,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 35 holdings | |||
Hedge funds similar to Madden Advisory Services
- Verger Capital Management
- Investment Planning Advisors
- Lee Johnson Capital Management
- Lowe Wealth Advisors
- Twin Peaks Wealth Advisors
- Mba Advisors
- Fortress Wealth Management
- Palisades Safety & Insurance Association
- Autumn Glory Partners
- Unio Capital
- Eaton-cambridge
- Range
- Westshore Wealth
- Castellan