Howard Wealth Management 13F annual report
Howard Wealth Management is an investment fund managing more than $126 billion ran by Justin Howard. There are currently 56 companies in Mr. Howard’s portfolio. The largest investments include Vanguard Index Fds and Vanguard Whitehall Fds, together worth $45 billion.
$126 billion Assets Under Management (AUM)
As of 26th July 2024, Howard Wealth Management’s top holding is 129,664 shares of Vanguard Index Fds currently worth over $33 billion and making up 26.2% of the portfolio value.
In addition, the fund holds 101,205 shares of Vanguard Whitehall Fds worth $12 billion.
The third-largest holding is Apple Inc worth $7.04 billion and the next is Vanguard Specialized Funds worth $5.46 billion, with 29,884 shares owned.
Currently, Howard Wealth Management's portfolio is worth at least $126 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 Howard Wealth Management
The Howard Wealth Management office and employees reside in Madison, Connecticut. According to the last 13-F report filed with the SEC, Justin Howard serves as the Managing Member/CCO at Howard Wealth Management.
Recent trades
In the most recent 13F filing, Howard Wealth Management revealed that it had opened a new position in
Spdr Ser Tr and bought 22,082 shares worth $1.08 billion.
The investment fund also strengthened its position in Vanguard Index Fds by buying
3,498 additional shares.
This makes their stake in Vanguard Index Fds total 129,664 shares worth $33 billion.
On the other hand, there are companies that Howard Wealth Management is getting rid of from its portfolio.
Howard Wealth Management closed its position in Ishares Tr on 2nd August 2024.
It sold the previously owned 19,229 shares for $1.11 billion.
Justin Howard also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $7.04 billion and 33,438 shares.
One of the smallest hedge funds
The two most similar investment funds to Howard Wealth Management are Better Money Decisions and Fsc Wealth Advisors. They manage $126 billion and $126 billion respectively.
Justin Howard investment strategy
Howard Wealth Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 8.0% of
the total portfolio value.
The fund focuses on investments in the United States as
44.6% 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
41% of the total holdings value.
On the other hand, small-cap stocks make up only 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $442 billion.
The complete list of Howard Wealth Management trades based on 13F SEC filings
These positions were updated on August 2nd 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 Index Fds |
2.77%
129,664
|
$32,972,926,000 | 26.22% |
| Vanguard Whitehall Fds |
2.51%
101,205
|
$12,002,893,000 | 9.54% |
| Apple Inc |
2.61%
33,438
|
$7,042,712,000 | 5.60% |
| Vanguard Specialized Funds |
2.52%
29,884
|
$5,455,233,000 | 4.34% |
| Vanguard Intl Equity Index F |
2.26%
68,340
|
$6,090,398,000 | 4.84% |
| Spdr S&p 500 Etf Tr |
0.75%
6,636
|
$3,611,444,000 | 2.87% |
| Ishares Tr |
2.68%
183,918
|
$15,170,816,000 | 12.06% |
| Amazon.com Inc. |
0.02%
9,181
|
$1,774,228,000 | 1.41% |
| Vanguard Star Fds |
21.60%
28,583
|
$1,723,555,000 | 1.37% |
| Spdr Ser Tr |
4.56%
78,450
|
$4,335,487,000 | 3.45% |
| Microsoft Corporation |
0.71%
3,543
|
$1,583,718,000 | 1.26% |
| Vanguard World Fd |
18.34%
14,915
|
$2,956,272,000 | 2.35% |
| Alphabet Inc |
0.28%
15,237
|
$2,784,528,000 | 2.21% |
| Vanguard Bd Index Fds |
2.90%
17,605
|
$1,268,428,000 | 1.01% |
| Spdr Ser Tr |
Opened
22,082
|
$1,076,285,000 | 0.86% |
| Invesco Exch Traded Fd Tr Ii |
31.65%
139,811
|
$2,084,992,000 | 1.66% |
| Wisdomtree Tr |
0.52%
55,921
|
$2,503,466,000 | 1.99% |
| Spdr Index Shs Fds |
0.64%
27,455
|
$963,108,000 | 0.77% |
| Meta Platforms Inc |
No change
1,888
|
$952,041,000 | 0.76% |
| Tesla Inc |
0.04%
4,487
|
$887,888,000 | 0.71% |
| Visa Inc |
1.72%
3,363
|
$882,660,000 | 0.70% |
| Mastercard Incorporated |
No change
1,976
|
$871,732,000 | 0.69% |
| J P Morgan Exchange Traded F |
33.30%
14,891
|
$844,017,000 | 0.67% |
| Palantir Technologies Inc. |
0.01%
32,855
|
$832,217,000 | 0.66% |
| VanEck ETF Trust |
58.61%
84,724
|
$1,639,269,000 | 1.30% |
| Invesco Exch Traded Fd Tr Ii |
Opened
33,055
|
$792,009,000 | 0.63% |
| JPMorgan Chase & Co. |
1.54%
3,837
|
$776,072,000 | 0.62% |
| Invesco Exchange Traded Fd T |
No change
13,485
|
$742,214,000 | 0.59% |
| Spdr Dow Jones Indl Average |
0.38%
1,845
|
$721,679,000 | 0.57% |
| NVIDIA Corp |
959.74%
5,712
|
$705,696,000 | 0.56% |
| Eli Lilly & Co |
No change
649
|
$588,018,000 | 0.47% |
| Johnson & Johnson |
2.98%
3,813
|
$557,275,000 | 0.44% |
| Merck & Co Inc |
0.23%
4,328
|
$535,806,000 | 0.43% |
| Netflix Inc. |
No change
777
|
$524,382,000 | 0.42% |
| Exxon Mobil Corp. |
2.26%
4,472
|
$514,770,000 | 0.41% |
| Pimco Etf Tr |
2.27%
5,489
|
$508,802,000 | 0.40% |
| Public Svc Enterprise Grp In |
No change
6,739
|
$496,664,000 | 0.39% |
| Vanguard Scottsdale Fds |
35.36%
6,137
|
$474,260,000 | 0.38% |
| Alps Etf Tr |
11.28%
7,737
|
$371,221,000 | 0.30% |
| Home Depot, Inc. |
5.11%
1,076
|
$370,379,000 | 0.29% |
| Costco Whsl Corp New |
No change
435
|
$369,746,000 | 0.29% |
| Global X Fds |
43.27%
24,150
|
$628,456,000 | 0.50% |
| Berkshire Hathaway Inc. |
No change
870
|
$353,916,000 | 0.28% |
| Abbvie Inc |
No change
1,861
|
$319,199,000 | 0.25% |
| Ishares Tr |
Closed
19,229
|
$1,112,002,000 | |
| Procter And Gamble Co |
No change
1,920
|
$316,646,000 | 0.25% |
| Mcdonalds Corp |
3.14%
1,204
|
$306,745,000 | 0.24% |
| JPMorgan Chase & Co. |
Closed
10,732
|
$305,755,000 | |
| Unitedhealth Group Inc |
7.69%
600
|
$305,644,000 | 0.24% |
| Lockheed Martin Corp. |
0.67%
604
|
$282,117,000 | 0.22% |
| WD-40 Co. |
1.96%
1,250
|
$274,550,000 | 0.22% |
| Pimco Etf Tr |
Closed
2,585
|
$259,896,000 | |
| Block Inc |
Closed
3,058
|
$258,646,000 | |
| Pepsico Inc |
0.07%
1,534
|
$252,993,000 | 0.20% |
| Texas Instrs Inc |
No change
1,280
|
$248,998,000 | 0.20% |
| Verizon Communications Inc |
2.90%
5,869
|
$242,038,000 | 0.19% |
| Duke Energy Corp. |
6.80%
2,386
|
$239,170,000 | 0.19% |
| Pfizer Inc. |
14.58%
8,180
|
$228,866,000 | 0.18% |
| Cigna Group (The) |
Closed
597
|
$216,824,000 | |
| Wisdomtree Tr |
Closed
4,395
|
$212,279,000 | |
| M & T Bk Corp |
43.65%
1,388
|
$210,088,000 | 0.17% |
| Deere & Co. |
Closed
511
|
$209,888,000 | |
| Intel Corp. |
Closed
4,736
|
$209,189,000 | |
| Chevron Corp. |
No change
1,297
|
$202,877,000 | 0.16% |
| VanEck ETF Trust |
Closed
1,218
|
$202,590,000 | |
| Proshares Tr |
Closed
1,995
|
$202,328,000 | |
| No transactions found | |||
| Showing first 500 out of 66 holdings | |||
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