Forefront Wealth Management Inc 13F annual report

Forefront Wealth Management Inc is an investment fund managing more than $71.3 billion ran by Anthony Cottone. There are currently 37 companies in Mr. Cottone’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $12.8 billion.

Limited to 30 biggest holdings

$71.3 billion Assets Under Management (AUM)

As of 30th October 2023, Forefront Wealth Management Inc’s top holding is 21,796 shares of Microsoft currently worth over $6.88 billion and making up 9.7% of the portfolio value. Relative to the number of outstanding shares of Microsoft, Forefront Wealth Management Inc owns more than approximately 0.1% of the company. In addition, the fund holds 34,748 shares of Apple Inc worth $5.95 billion, whose value fell approximately 0.1% in the past six months. The third-largest holding is Amazon.com worth $4.6 billion and the next is Ishares Tr worth $4.29 billion, with 43,421 shares owned.

Currently, Forefront Wealth Management Inc's portfolio is worth at least $71.3 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 Forefront Wealth Management Inc

The Forefront Wealth Management Inc office and employees reside in Malvern, Pennsylvania. According to the last 13-F report filed with the SEC, Anthony Cottone serves as the President & CCO at Forefront Wealth Management Inc.

Recent trades

In the most recent 13F filing, Forefront Wealth Management Inc revealed that it had opened a new position in Ishares Tr and bought 80,816 shares worth $2.18 billion.

The investment fund also strengthened its position in Microsoft by buying 14 additional shares. This makes their stake in Microsoft total 21,796 shares worth $6.88 billion. Microsoft dropped approximately 0.1% in the past year.

On the other hand, there are companies that Forefront Wealth Management Inc is getting rid of from its portfolio. Forefront Wealth Management Inc closed its position in Discover Finl Svcs on 6th November 2023. It sold the previously owned 14,341 shares for $1.68 billion. Anthony Cottone also disclosed a decreased stake in Apple Inc by approximately 0.1%. This leaves the value of the investment at $5.95 billion and 34,748 shares.

One of the smallest hedge funds

The two most similar investment funds to Forefront Wealth Management Inc are Coury Firm Asset Management and Precision Wealth Strategies. They manage $71.2 billion and $71.5 billion respectively.

Anthony Cottone investment strategy

Forefront Wealth Management Inc’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Health Care — making up 16.0% of the total portfolio value. The fund focuses on investments in the United States as 56.8% 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 51% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $406 billion.

The complete list of Forefront Wealth Management Inc trades based on 13F SEC filings

These positions were updated on November 6th 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
Microsoft Corporation	0.06% 21,796	$6,882,222,000	9.65%
Apple Inc	1.92% 34,748	$5,949,164,000	8.34%
Amazon.com Inc.	0.01% 36,157	$4,596,278,000	6.45%
Ishares Tr	0.35% 43,421	$4,293,917,000	6.02%
Unitedhealth Group Inc	0.27% 8,076	$4,071,756,000	5.71%
Alphabet Inc	No change 25,225	$3,300,944,000	4.63%
Abbvie Inc	0.22% 20,203	$3,011,504,000	4.22%
Costco Whsl Corp New	11.52% 5,306	$2,997,573,000	4.20%
Olin Corp.	0.25% 56,818	$2,839,783,000	3.98%
Oneok Inc.	0.60% 42,132	$2,672,435,000	3.75%
Regeneron Pharmaceuticals, Inc.	0.10% 3,104	$2,554,262,000	3.58%
Taiwan Semiconductor Mfg Ltd	0.24% 27,321	$2,374,237,000	3.33%
Alibaba Group Hldg Ltd	0.13% 23,605	$2,047,498,000	2.87%
Devon Energy Corp.	0.42% 42,228	$2,014,286,000	2.83%
Abbott Labs	No change 19,769	$1,914,661,000	2.69%
Lockheed Martin Corp.	0.39% 4,407	$1,802,325,000	2.53%
Spdr Index Shs Fds	5.28% 40,531	$1,702,696,000	2.39%
Discover Finl Svcs	Closed 14,341	$1,675,798,000
Target Corp	Closed 11,989	$1,581,305,000
Coca-Cola Co	0.43% 23,755	$1,329,805,000	1.87%
Enovix Corporation	Closed 71,733	$1,294,063,000
First Tr Exchange Traded Fd	7.52% 59,564	$1,227,606,000	1.72%
Vanguard World Fds	0.39% 5,651	$1,855,634,000	2.60%
Hub Group, Inc.	0.47% 14,622	$1,148,412,000	1.61%
Ishares Tr	Opened 80,816	$2,184,689,000	3.06%
Merck & Co Inc	No change 10,262	$1,056,473,000	1.48%
Invesco Exchange Traded Fd T	0.28% 6,472	$916,982,000	1.29%
Super Micro Computer Inc	Closed 3,389	$844,708,000
Copa Holdings Sa	Opened 8,907	$793,792,000	1.11%
New Jersey Res Corp	0.06% 17,726	$720,201,000	1.01%
Meta Platforms Inc	No change 2,310	$693,485,000	0.97%
Pfizer Inc.	No change 20,738	$687,887,000	0.96%
Shell Plc	0.06% 10,636	$684,715,000	0.96%
Atmos Energy Corp.	0.19% 5,687	$602,438,000	0.85%
Exxon Mobil Corp.	0.04% 4,759	$559,512,000	0.78%
Proshares Tr	0.91% 8,068	$538,491,000	0.76%
JPMorgan Chase & Co.	0.09% 2,306	$334,363,000	0.47%
SMART Global Holdings Inc	Closed 11,395	$330,569,000
Proshares Tr	Opened 12,000	$245,280,000	0.34%
Entergy Corp.	0.27% 2,645	$244,626,000	0.34%
Comcast Corp New	No change 5,160	$228,794,000	0.32%
Blackstone Inc	Opened 2,013	$215,684,000	0.30%
The Southern Co.	Closed 2,951	$207,286,000
No transactions found
Showing first 500 out of 43 holdings