Cardinal Point Wealth Management 13F annual report
Cardinal Point Wealth Management is an investment fund managing more than $198 million ran by Matthew Zienty. There are currently 22 companies in Mr. Zienty’s portfolio. The largest investments include Vanguard Index Fds and Pimco Etf Tr, together worth $91.8 million.
$198 million Assets Under Management (AUM)
As of 25th June 2021, Cardinal Point Wealth Management’s top holding is 272,835 shares of Vanguard Index Fds currently worth over $55.7 million and making up 28.0% of the portfolio value.
In addition, the fund holds 330,841 shares of Pimco Etf Tr worth $36.2 million.
The third-largest holding is Ark Etf Tr worth $15.2 million and the next is Ishares Tr worth $15.9 million, with 249,825 shares owned.
Currently, Cardinal Point Wealth Management's portfolio is worth at least $198 million. 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 Cardinal Point Wealth Management
The Cardinal Point Wealth Management office and employees reside in Irvine, California. According to the last 13-F report filed with the SEC, Matthew Zienty serves as the Chief Compliance Officer at Cardinal Point Wealth Management.
Recent trades
In the most recent 13F filing, Cardinal Point Wealth Management revealed that it had opened a new position in
Exchange Traded Concepts Tr and bought 212,301 shares worth $9.32 million.
The investment fund also strengthened its position in Vanguard Index Fds by buying
5,672 additional shares.
This makes their stake in Vanguard Index Fds total 272,835 shares worth $55.7 million.
On the other hand, there are companies that Cardinal Point Wealth Management is getting rid of from its portfolio.
Cardinal Point Wealth Management closed its position in Ishares Tr on 2nd July 2021.
It sold the previously owned 124,119 shares for $9.11 million.
Matthew Zienty also disclosed a decreased stake in Ark Etf Tr by approximately 0.1%.
This leaves the value of the investment at $15.2 million and 126,464 shares.
One of the smallest hedge funds
The two most similar investment funds to Cardinal Point Wealth Management are Bislett Management and Stone House Investment Management. They manage $198 million and $199 million respectively.
Matthew Zienty investment strategy
Cardinal Point Wealth Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.6% of
the total portfolio value.
The fund focuses on investments in the United States as
18.2% 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
18% of the total holdings value.
On the other hand, small-cap stocks make up only 4.5% of the portfolio.
The average market cap of the portfolio companies is close to $555 billion.
The complete list of Cardinal Point Wealth Management trades based on 13F SEC filings
These positions were updated on July 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 |
2.12%
272,835
|
$55,653,000 | 28.05% |
| Pimco Etf Tr |
9.66%
330,841
|
$36,189,000 | 18.24% |
| Ark Etf Tr |
2.13%
126,464
|
$15,169,000 | 7.64% |
| Ishares Tr |
35.95%
249,825
|
$15,947,000 | 8.04% |
| Vanguard Intl Equity Index F |
7.88%
212,739
|
$12,850,000 | 6.48% |
| Ssga Active Etf Tr |
15.51%
206,506
|
$9,956,000 | 5.02% |
| Ishares Gold Tr |
6.56%
589,623
|
$9,587,000 | 4.83% |
| Exchange Traded Concepts Tr |
Opened
212,301
|
$9,318,000 | 4.70% |
| Wisdomtree Tr |
12.04%
225,242
|
$9,301,000 | 4.69% |
| Ishares Tr |
Closed
124,119
|
$9,112,000 | |
| Vanguard Bd Index Fds |
7.32%
98,554
|
$8,100,000 | 4.08% |
| Tesla Inc |
No change
5,175
|
$3,457,000 | 1.74% |
| Berkshire Hathaway Inc. |
No change
9,543
|
$3,208,000 | 1.62% |
| FirstService Corp |
No change
13,636
|
$2,021,000 | 1.02% |
| Apple Inc |
18.78%
14,652
|
$1,790,000 | 0.90% |
| Fidelity Covington Trust |
22.58%
19,541
|
$1,026,000 | 0.52% |
| First Tr Exch Traded Fd Iii |
14.65%
20,150
|
$916,000 | 0.46% |
| Spdr Gold Tr |
No change
5,076
|
$812,000 | 0.41% |
| American Centy Etf Tr |
9.42%
24,975
|
$1,681,000 | 0.85% |
| Colgate-Palmolive Co. |
Opened
4,554
|
$359,000 | 0.18% |
| Amazon.com Inc. |
Closed
98
|
$319,000 | |
| Ark Etf Tr |
Opened
6,500
|
$252,000 | 0.13% |
| Ishares Tr |
Opened
7,506
|
$626,000 | 0.32% |
| Vanguard Tax-managed Intl Fd |
Opened
4,389
|
$216,000 | 0.11% |
| No transactions found | |||
| Showing first 500 out of 24 holdings | |||
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