Cranbrook Wealth Management 13F annual report
Cranbrook Wealth Management is an investment fund managing more than $406 billion ran by Richard Balamucki. There are currently 222 companies in Mr. Balamucki’s portfolio. The largest investments include Ishares Tr and Vanguard Bd Index Fds, together worth $214 billion.
$406 billion Assets Under Management (AUM)
As of 2nd August 2024, Cranbrook Wealth Management’s top holding is 1,559,997 shares of Ishares Tr currently worth over $165 billion and making up 40.6% of the portfolio value.
In addition, the fund holds 650,624 shares of Vanguard Bd Index Fds worth $48.9 billion.
The third-largest holding is Vanguard Index Fds worth $76.8 billion and the next is Vanguard Charlotte Fds worth $21.3 billion, with 436,783 shares owned.
Currently, Cranbrook Wealth Management's portfolio is worth at least $406 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 Cranbrook Wealth Management
The Cranbrook Wealth Management office and employees reside in Bloomfield Hills, Michigan. According to the last 13-F report filed with the SEC, Richard Balamucki serves as the Adviser at Cranbrook Wealth Management.
Recent trades
In the most recent 13F filing, Cranbrook Wealth Management revealed that it had opened a new position in
Watsco and bought 1,304 shares worth $604 million.
This means they effectively own approximately 0.1% of the company.
Watsco makes up
27.3%
of the fund's Industrials sector allocation and has grown its share price by 33.9% in the past year.
The investment fund also strengthened its position in Vanguard Bd Index Fds by buying
69,793 additional shares.
This makes their stake in Vanguard Bd Index Fds total 650,624 shares worth $48.9 billion.
On the other hand, there are companies that Cranbrook Wealth Management is getting rid of from its portfolio.
Cranbrook Wealth Management closed its position in Conocophillips on 9th August 2024.
It sold the previously owned 148 shares for $18.8 million.
Richard Balamucki also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $165 billion and 1,559,997 shares.
One of the average hedge funds
The two most similar investment funds to Cranbrook Wealth Management are Northwest Quadrant Wealth Management and Cmh Wealth Management. They manage $406 billion and $406 billion respectively.
Richard Balamucki investment strategy
Cranbrook Wealth Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 1.6% of
the total portfolio value.
The fund focuses on investments in the United States as
51.8% 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 3.2% of the portfolio.
The average market cap of the portfolio companies is close to $136 billion.
The complete list of Cranbrook Wealth Management 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 |
2.21%
1,559,997
|
$164,958,578,000 | 40.60% |
| Vanguard Bd Index Fds |
12.02%
650,624
|
$48,871,692,000 | 12.03% |
| Vanguard Index Fds |
0.36%
342,339
|
$76,769,868,000 | 18.90% |
| Vanguard Charlotte Fds |
16.61%
436,783
|
$21,258,228,000 | 5.23% |
| Schwab Strategic Tr |
3.00%
277,286
|
$10,653,344,000 | 2.62% |
| Vanguard Intl Equity Index F |
6.58%
202,996
|
$9,038,957,000 | 2.22% |
| Select Sector Spdr Tr |
1.30%
104,320
|
$12,311,563,000 | 3.03% |
| Ishares Gold Tr |
1.86%
141,688
|
$6,224,345,000 | 1.53% |
| Spdr Gold Tr |
2.41%
26,778
|
$5,757,481,000 | 1.42% |
| Apple Inc |
92.02%
21,741
|
$4,579,059,000 | 1.13% |
| Ishares Inc |
11.71%
75,829
|
$3,945,767,000 | 0.97% |
| Microsoft Corporation |
45.34%
7,097
|
$3,171,831,000 | 0.78% |
| Vanguard Malvern Fds |
6.12%
46,517
|
$2,257,925,000 | 0.56% |
| Vanguard Tax-managed Fds |
17.27%
40,650
|
$2,008,904,000 | 0.49% |
| JPMorgan Chase & Co. |
115.21%
8,845
|
$1,788,990,000 | 0.44% |
| Spdr S&p 500 Etf Tr |
5.64%
3,081
|
$1,676,742,000 | 0.41% |
| Abbvie Inc |
97.49%
8,348
|
$1,431,849,000 | 0.35% |
| Amazon.com Inc. |
8.40%
6,546
|
$1,264,980,000 | 0.31% |
| Stryker Corp. |
362.20%
3,448
|
$1,173,052,000 | 0.29% |
| Vanguard Specialized Funds |
No change
5,875
|
$1,072,488,000 | 0.26% |
| Applied Matls Inc |
No change
3,769
|
$889,447,000 | 0.22% |
| International Business Machs |
No change
4,260
|
$736,786,000 | 0.18% |
| Lattice Strategies Tr |
16.03%
26,590
|
$734,472,000 | 0.18% |
| Johnson & Johnson |
157.00%
4,847
|
$708,438,000 | 0.17% |
| NVIDIA Corp |
899.61%
5,128
|
$633,547,000 | 0.16% |
| Merck & Co Inc |
161.46%
5,101
|
$631,504,000 | 0.16% |
| Berkshire Hathaway Inc. |
No change
986
|
$1,012,939,000 | 0.25% |
| Pepsico Inc |
0.22%
3,687
|
$608,039,000 | 0.15% |
| Spdr Ser Tr |
22.67%
43,360
|
$1,704,391,000 | 0.42% |
| Watsco, Inc. |
Opened
1,304
|
$604,065,000 | 0.15% |
| Ecolab, Inc. |
Opened
2,520
|
$599,760,000 | 0.15% |
| Thermo Fisher Scientific Inc. |
1,525.76%
1,073
|
$593,369,000 | 0.15% |
| Occidental Pete Corp |
No change
8,352
|
$526,427,000 | 0.13% |
| Caterpillar Inc. |
Opened
1,546
|
$514,973,000 | 0.13% |
| Vulcan Matls Co |
Opened
1,963
|
$488,159,000 | 0.12% |
| The Southern Co. |
No change
6,036
|
$468,213,000 | 0.12% |
| Steris Plc |
Opened
2,069
|
$454,229,000 | 0.11% |
| Home Depot, Inc. |
No change
1,213
|
$417,573,000 | 0.10% |
| Abbott Labs |
No change
3,970
|
$412,523,000 | 0.10% |
| Vanguard World Fd |
No change
2,887
|
$702,737,000 | 0.17% |
| First Merchants Corp. |
No change
11,451
|
$381,204,000 | 0.09% |
| Axcelis Technologies Inc |
84.73%
2,673
|
$380,074,000 | 0.09% |
| Northrop Grumman Corp. |
No change
871
|
$379,713,000 | 0.09% |
| Mcdonalds Corp |
18.18%
1,454
|
$370,538,000 | 0.09% |
| Danaher Corp. |
4,460.00%
1,368
|
$341,795,000 | 0.08% |
| RTX Corp |
4,404.00%
3,378
|
$339,118,000 | 0.08% |
| Eaton Vance Tax-managed Glob |
No change
36,924
|
$312,008,000 | 0.08% |
| Intel Corp. |
184.05%
9,152
|
$283,438,000 | 0.07% |
| Exxon Mobil Corp. |
0.04%
2,424
|
$279,018,000 | 0.07% |
| Cisco Sys Inc |
539.10%
5,688
|
$270,237,000 | 0.07% |
| Vanguard Mun Bd Fds |
34.18%
5,339
|
$267,515,000 | 0.07% |
| Coinbase Global Inc |
No change
1,142
|
$253,787,000 | 0.06% |
| Alphabet Inc |
2.32%
1,894
|
$345,660,000 | 0.09% |
| Marvell Technology Inc |
Opened
3,432
|
$239,897,000 | 0.06% |
| Schwab Charles Corp |
Opened
3,230
|
$238,019,000 | 0.06% |
| Arbor Realty Trust Inc. |
No change
14,025
|
$201,259,000 | 0.05% |
| Eli Lilly & Co |
No change
219
|
$198,279,000 | 0.05% |
| American Elec Pwr Co Inc |
No change
2,109
|
$185,044,000 | 0.05% |
| Alcon Ag |
Opened
2,063
|
$183,773,000 | 0.05% |
| Old Dominion Freight Line In |
No change
1,000
|
$176,600,000 | 0.04% |
| DTE Energy Co. |
20.24%
1,586
|
$176,022,000 | 0.04% |
| Paychex Inc. |
Opened
1,470
|
$174,284,000 | 0.04% |
| Idexx Labs Inc |
Opened
357
|
$173,931,000 | 0.04% |
| Yum Brands Inc. |
0.16%
1,262
|
$167,159,000 | 0.04% |
| Advanced Micro Devices Inc. |
2.10%
1,021
|
$165,617,000 | 0.04% |
| Walmart Inc |
0.04%
2,377
|
$160,942,000 | 0.04% |
| Chevron Corp. |
615.38%
1,023
|
$160,083,000 | 0.04% |
| Xcel Energy Inc. |
No change
2,905
|
$155,157,000 | 0.04% |
| Oracle Corp. |
No change
1,055
|
$148,966,000 | 0.04% |
| T Rowe Price Etf Inc |
No change
2,875
|
$148,187,000 | 0.04% |
| Disney Walt Co |
109.21%
1,408
|
$139,801,000 | 0.03% |
| Goldman Sachs Group, Inc. |
No change
300
|
$135,696,000 | 0.03% |
| Qualcomm, Inc. |
172.47%
673
|
$134,049,000 | 0.03% |
| Illinois Tool Wks Inc |
No change
556
|
$131,750,000 | 0.03% |
| Centerpoint Energy Inc. |
No change
4,229
|
$131,015,000 | 0.03% |
| Pfizer Inc. |
No change
4,625
|
$129,409,000 | 0.03% |
| Workday Inc |
Opened
572
|
$127,877,000 | 0.03% |
| Automatic Data Processing In |
No change
533
|
$127,222,000 | 0.03% |
| Ishares Tr |
Opened
2,463
|
$125,835,000 | 0.03% |
| Duke Energy Corp. |
No change
1,233
|
$123,584,000 | 0.03% |
| Rocket Cos Inc |
No change
8,644
|
$118,423,000 | 0.03% |
| Consolidated Edison, Inc. |
No change
1,285
|
$114,905,000 | 0.03% |
| Marathon Pete Corp |
No change
650
|
$112,762,000 | 0.03% |
| Alps Etf Tr |
No change
3,929
|
$101,670,000 | 0.03% |
| Pennymac Mtg Invt Tr |
No change
7,027
|
$96,622,000 | 0.02% |
| First Tr Exchange-traded Alp |
No change
1,820
|
$94,188,000 | 0.02% |
| Philip Morris International Inc |
0.56%
894
|
$90,606,000 | 0.02% |
| Medtronic Plc |
Opened
1,150
|
$90,517,000 | 0.02% |
| Costco Whsl Corp New |
No change
103
|
$87,493,000 | 0.02% |
| Morgan Stanley |
No change
890
|
$86,516,000 | 0.02% |
| Wells Fargo Co New |
No change
1,425
|
$84,631,000 | 0.02% |
| Mobileye Global Inc |
Opened
3,000
|
$84,255,000 | 0.02% |
| Vanguard Admiral Fds Inc |
No change
845
|
$86,517,000 | 0.02% |
| Ford Mtr Co Del |
No change
6,481
|
$81,277,000 | 0.02% |
| AT&T Inc. |
No change
4,197
|
$80,205,000 | 0.02% |
| Bristol-Myers Squibb Co. |
No change
1,909
|
$79,281,000 | 0.02% |
| Comerica, Inc. |
Opened
1,545
|
$78,857,000 | 0.02% |
| Cedar Fair L P |
0.63%
1,445
|
$78,518,000 | 0.02% |
| Altria Group Inc. |
0.89%
1,581
|
$72,014,000 | 0.02% |
| Honeywell International Inc |
No change
290
|
$61,927,000 | 0.02% |
| Lam Research Corp. |
No change
55
|
$58,567,000 | 0.01% |
| Procter And Gamble Co |
No change
353
|
$58,280,000 | 0.01% |
| Hershey Company |
No change
314
|
$57,723,000 | 0.01% |
| Eaton Corp Plc |
No change
178
|
$55,812,000 | 0.01% |
| Unum Group |
No change
1,082
|
$55,302,000 | 0.01% |
| Intuitive Surgical Inc |
Opened
123
|
$54,895,000 | 0.01% |
| Enbridge Inc |
No change
1,525
|
$54,275,000 | 0.01% |
| CMS Energy Corporation |
No change
873
|
$51,970,000 | 0.01% |
| Credo Technology Group Holdi |
Opened
1,609
|
$51,392,000 | 0.01% |
| Boeing Co. |
No change
282
|
$51,327,000 | 0.01% |
| Blackrock Inc. |
No change
65
|
$51,176,000 | 0.01% |
| Meta Platforms Inc |
No change
101
|
$50,947,000 | 0.01% |
| Coca-Cola Co |
No change
800
|
$50,920,000 | 0.01% |
| MGM Resorts International |
No change
1,100
|
$48,884,000 | 0.01% |
| Hologic, Inc. |
Opened
627
|
$46,555,000 | 0.01% |
| Huntington Bancshares, Inc. |
No change
3,505
|
$46,196,000 | 0.01% |
| Dt Midstream Inc |
No change
606
|
$43,045,000 | 0.01% |
| Micron Technology Inc. |
Opened
319
|
$41,959,000 | 0.01% |
| Yum China Holdings Inc |
0.15%
1,340
|
$41,334,000 | 0.01% |
| Artisan Partners Asset Mgmt |
No change
1,000
|
$41,270,000 | 0.01% |
| Cadence Design System Inc |
14.84%
132
|
$40,623,000 | 0.01% |
| Evolv Technologies Hldngs In |
No change
15,816
|
$40,331,000 | 0.01% |
| Northwest Nat Hldg Co |
No change
1,104
|
$39,866,000 | 0.01% |
| Halliburton Co. |
0.52%
1,161
|
$39,203,000 | 0.01% |
| First Tr Exchange-traded Fd |
No change
644
|
$56,970,000 | 0.01% |
| Citigroup Inc |
No change
595
|
$37,759,000 | 0.01% |
| HP Inc |
No change
1,005
|
$35,196,000 | 0.01% |
| Netflix Inc. |
No change
50
|
$33,744,000 | 0.01% |
| Unitedhealth Group Inc |
No change
60
|
$30,556,000 | 0.01% |
| Public Svc Enterprise Grp In |
No change
400
|
$29,480,000 | 0.01% |
| Texas Instrs Inc |
No change
150
|
$29,180,000 | 0.01% |
| Kimberly-Clark Corp. |
No change
210
|
$29,022,000 | 0.01% |
| Otis Worldwide Corporation |
675.68%
287
|
$27,627,000 | 0.01% |
| Huntington Ingalls Inds Inc |
No change
106
|
$26,111,000 | 0.01% |
| Motorola Solutions Inc |
No change
66
|
$25,480,000 | 0.01% |
| Verizon Communications Inc |
No change
600
|
$24,744,000 | 0.01% |
| Dbx Etf Tr |
No change
589
|
$24,409,000 | 0.01% |
| Cheniere Energy Inc. |
No change
139
|
$24,302,000 | 0.01% |
| Broadcom Inc. |
No change
15
|
$24,083,000 | 0.01% |
| Zoetis Inc |
Opened
131
|
$22,711,000 | 0.01% |
| Baxter International Inc. |
No change
658
|
$22,011,000 | 0.01% |
| Hewlett Packard Enterprise C |
No change
1,005
|
$21,276,000 | 0.01% |
| 3M Co. |
0.51%
199
|
$20,334,000 | 0.01% |
| Bank America Corp |
No change
498
|
$19,806,000 | 0.00% |
| GSK Plc |
No change
508
|
$19,558,000 | 0.00% |
| Starbucks Corp. |
No change
250
|
$19,463,000 | 0.00% |
| Conocophillips |
Closed
148
|
$18,838,000 | |
| Etf Ser Solutions |
No change
300
|
$18,837,000 | 0.00% |
| Exchange Traded Concepts Tru |
No change
323
|
$17,798,000 | 0.00% |
| Autozone Inc. |
No change
6
|
$17,785,000 | 0.00% |
| Takeda Pharmaceutical Co |
No change
1,313
|
$16,991,000 | 0.00% |
| Kroger Co. |
No change
320
|
$15,978,000 | 0.00% |
| Firstenergy Corp. |
No change
401
|
$15,347,000 | 0.00% |
| Inventrust Pptys Corp |
No change
591
|
$14,634,000 | 0.00% |
| American Express Co. |
No change
63
|
$14,588,000 | 0.00% |
| General Dynamics Corp. |
No change
50
|
$14,507,000 | 0.00% |
| Aon plc. |
Closed
43
|
$14,350,000 | |
| Pioneer Nat Res Co |
Closed
53
|
$13,913,000 | |
| Adobe Inc |
No change
25
|
$13,889,000 | 0.00% |
| NRG Energy Inc. |
No change
175
|
$13,626,000 | 0.00% |
| Fedex Corp |
No change
44
|
$13,159,000 | 0.00% |
| Ishares Silver Tr |
No change
463
|
$12,302,000 | 0.00% |
| MetLife, Inc. |
No change
175
|
$12,284,000 | 0.00% |
| UBS AG London Branch |
Closed
480
|
$11,591,000 | |
| Comcast Corp New |
No change
294
|
$11,514,000 | 0.00% |
| Allstate Corp (The) |
1.52%
67
|
$10,668,000 | 0.00% |
| Visa Inc |
No change
39
|
$10,311,000 | 0.00% |
| TotalEnergies SE |
No change
151
|
$10,069,000 | 0.00% |
| Kinder Morgan Inc |
No change
484
|
$9,618,000 | 0.00% |
| Hasbro, Inc. |
No change
162
|
$9,486,000 | 0.00% |
| Travelers Companies Inc. |
No change
46
|
$9,354,000 | 0.00% |
| Spdr Index Shs Fds |
No change
228
|
$9,300,000 | 0.00% |
| Kellanova Co |
No change
152
|
$8,768,000 | 0.00% |
| Ralph Lauren Corp |
No change
50
|
$8,753,000 | 0.00% |
| Charter Communications Inc N |
No change
28
|
$8,371,000 | 0.00% |
| Piedmont Lithium Inc |
No change
822
|
$8,204,000 | 0.00% |
| Oge Energy Corp. |
No change
227
|
$8,087,000 | 0.00% |
| Kraft Heinz Co |
No change
249
|
$8,023,000 | 0.00% |
| Claros Mtg Tr Inc |
No change
1,000
|
$8,020,000 | 0.00% |
| Williams Cos Inc |
No change
177
|
$7,523,000 | 0.00% |
| Deere & Co. |
No change
20
|
$7,473,000 | 0.00% |
| Kyndryl Hldgs Inc |
No change
278
|
$7,315,000 | 0.00% |
| Accenture Plc Ireland |
No change
23
|
$6,979,000 | 0.00% |
| Warner Bros.Discovery Inc |
No change
937
|
$6,972,000 | 0.00% |
| Dimensional Etf Trust |
No change
288
|
$10,596,000 | 0.00% |
| Magna International Inc. |
No change
138
|
$5,783,000 | 0.00% |
| Viatris Inc. |
No change
542
|
$5,762,000 | 0.00% |
| Waste Mgmt Inc Del |
No change
27
|
$5,696,000 | 0.00% |
| Prudential Finl Inc |
No change
48
|
$5,626,000 | 0.00% |
| DENTSPLY Sirona Inc |
No change
222
|
$5,531,000 | 0.00% |
| Enovix Corporation |
No change
340
|
$5,257,000 | 0.00% |
| Haleon Plc |
No change
636
|
$5,254,000 | 0.00% |
| Mondelez International Inc. |
No change
78
|
$5,105,000 | 0.00% |
| Carrier Global Corporation |
No change
75
|
$4,731,000 | 0.00% |
| Rivian Automotive, Inc. |
No change
325
|
$4,362,000 | 0.00% |
| Shell Plc |
No change
60
|
$4,331,000 | 0.00% |
| Nike, Inc. |
No change
55
|
$4,146,000 | 0.00% |
| Newell Brands Inc. |
No change
643
|
$4,122,000 | 0.00% |
| Organon & Co |
No change
179
|
$3,706,000 | 0.00% |
| Icahn Enterprises Lp |
12.63%
223
|
$3,672,000 | 0.00% |
| Trimas Corporation |
No change
120
|
$3,065,000 | 0.00% |
| BP plc |
No change
82
|
$2,961,000 | 0.00% |
| Cigna Group (The) |
No change
9
|
$2,861,000 | 0.00% |
| Solventum Corp |
Opened
49
|
$2,592,000 | 0.00% |
| Neogen Corp. |
No change
134
|
$2,095,000 | 0.00% |
| International Paper Co. |
No change
48
|
$2,072,000 | 0.00% |
| Uber Technologies Inc |
No change
27
|
$1,963,000 | 0.00% |
| DXC Technology Co |
No change
85
|
$1,623,000 | 0.00% |
| VEON Ltd |
No change
55
|
$1,427,000 | 0.00% |
| ServiceNow Inc |
No change
2
|
$1,368,000 | 0.00% |
| Tesla Inc |
No change
7
|
$1,345,000 | 0.00% |
| Pnc Finl Svcs Group Inc |
No change
9
|
$1,340,000 | 0.00% |
| Palantir Technologies Inc. |
No change
50
|
$1,267,000 | 0.00% |
| Discover Finl Svcs |
No change
9
|
$1,178,000 | 0.00% |
| Edison Intl |
No change
14
|
$1,033,000 | 0.00% |
| Veralto Corp |
No change
10
|
$955,000 | 0.00% |
| Dimensional Etf Trust |
Opened
22
|
$914,000 | 0.00% |
| Goodyear Tire & Rubr Co |
No change
76
|
$863,000 | 0.00% |
| Alibaba Group Hldg Ltd |
No change
10
|
$720,000 | 0.00% |
| Wk Kellogg Co |
No change
38
|
$626,000 | 0.00% |
| Vertiv Holdings Co |
Opened
4
|
$347,000 | 0.00% |
| Sylvamo Corp |
No change
5
|
$343,000 | 0.00% |
| Brainstorm Cell Therapeutics, Inc. |
No change
1,000
|
$339,000 | 0.00% |
| Ishares Tr |
Closed
1
|
$165,000 | |
| Vanguard Star Fds |
Closed
2
|
$100,000 | |
| Blink Charging Co |
No change
35
|
$97,000 | 0.00% |
| Teradata Corp |
No change
1
|
$46,000 | 0.00% |
| Ncr Voyix Corporation |
No change
1
|
$17,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 228 holdings | |||
Hedge funds similar to Cranbrook Wealth Management
- Ashford Advisors
- Ignite Planners
- Counterpoint Mutual Funds
- Tyche Wealth Partners
- O'dell
- Retirement Income Solutions, Inc
- Northwest Quadrant Wealth Management
- Cmh Wealth Management
- Flc Capital Advisors
- America First Investment Advisors
- Epg Wealth Management
- Foyston, Gordon, & Payne Inc
- Commonwealth Services
- Jackson Square Capital