Masso Torrence Wealth Management 13F annual report
Masso Torrence Wealth Management is an investment fund managing more than $172 billion ran by Teresa Douberly. There are currently 78 companies in Mrs. Douberly’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $34.5 billion.
$172 billion Assets Under Management (AUM)
As of 15th July 2024, Masso Torrence Wealth Management’s top holding is 170,610 shares of NVIDIA Corp currently worth over $21.1 billion and making up 12.3% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Masso Torrence Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 63,572 shares of Apple Inc worth $13.4 billion, whose value grew 15.7% in the past six months.
The third-largest holding is Invesco Exchange Traded Fd T worth $11.4 billion and the next is Schwab Strategic Tr worth $9.02 billion, with 134,633 shares owned.
Currently, Masso Torrence Wealth Management's portfolio is worth at least $172 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 Masso Torrence Wealth Management
The Masso Torrence Wealth Management office and employees reside in Marlton, New Jersey. According to the last 13-F report filed with the SEC, Teresa Douberly serves as the Compliance Consultant at Masso Torrence Wealth Management.
Recent trades
In the most recent 13F filing, Masso Torrence Wealth Management revealed that it had opened a new position in
Invesco Exchange Traded Fd T and bought 31,048 shares worth $1.42 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
153,444 additional shares.
This makes their stake in NVIDIA Corp total 170,610 shares worth $21.1 billion.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Masso Torrence Wealth Management is getting rid of from its portfolio.
Masso Torrence Wealth Management closed its position in First Tr Exchange-traded Fd on 22nd July 2024.
It sold the previously owned 23,457 shares for $2.14 billion.
Teresa Douberly also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $13.4 billion and 63,572 shares.
One of the smallest hedge funds
The two most similar investment funds to Masso Torrence Wealth Management are Crystal Rock Capital Management and Aberdeen Wealth Management. They manage $172 billion and $172 billion respectively.
Teresa Douberly investment strategy
Masso Torrence Wealth Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 24.6% of
the total portfolio value.
The fund focuses on investments in the United States as
46.2% 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
44% of the total holdings value.
On the other hand, small-cap stocks make up only 5.1% of the portfolio.
The average market cap of the portfolio companies is close to $274 billion.
The complete list of Masso Torrence Wealth Management trades based on 13F SEC filings
These positions were updated on July 22nd 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 |
|---|---|---|---|
| NVIDIA Corp |
893.88%
170,610
|
$21,077,183,000 | 12.27% |
| Apple Inc |
4.18%
63,572
|
$13,389,484,000 | 7.80% |
| Invesco Exchange Traded Fd T |
3.70%
117,238
|
$11,375,604,000 | 6.62% |
| Schwab Strategic Tr |
4.37%
134,633
|
$9,017,711,000 | 5.25% |
| Wisdomtree Tr |
4.52%
162,714
|
$8,580,289,000 | 5.00% |
| J P Morgan Exchange Traded F |
3.69%
205,302
|
$11,433,502,000 | 6.66% |
| Vanguard Index Fds |
5.69%
12,064
|
$6,033,774,000 | 3.51% |
| Amazon.com Inc. |
0.07%
30,848
|
$5,961,376,000 | 3.47% |
| Microsoft Corporation |
0.42%
12,650
|
$5,653,716,000 | 3.29% |
| Fidelity Merrimack Str Tr |
6.46%
117,198
|
$5,265,707,000 | 3.07% |
| Alphabet Inc |
8.08%
28,321
|
$5,190,819,000 | 3.02% |
| Select Sector Spdr Tr |
2.83%
30,936
|
$4,508,960,000 | 2.63% |
| Broadcom Inc. |
0.53%
2,650
|
$4,254,976,000 | 2.48% |
| Victory Portfolios II |
3.46%
147,927
|
$5,848,093,000 | 3.41% |
| Blackrock Etf Trust Ii |
2.46%
64,351
|
$3,359,146,000 | 1.96% |
| Spdr Ser Tr |
3.05%
25,993
|
$2,409,817,000 | 1.40% |
| Janus Detroit Str Tr |
28.04%
42,295
|
$2,189,189,000 | 1.27% |
| Global X Fds |
0.78%
73,080
|
$2,161,705,000 | 1.26% |
| First Tr Exchange-traded Fd |
Closed
23,457
|
$2,135,767,000 | |
| Invesco Exch Trd Slf Idx Fd |
2.24%
372,864
|
$7,724,490,000 | 4.50% |
| Ishares Tr |
0.95%
160,053
|
$3,892,830,000 | 2.27% |
| JPMorgan Chase & Co. |
2.93%
9,299
|
$1,880,858,000 | 1.10% |
| Abbvie Inc |
3.23%
9,916
|
$1,700,719,000 | 0.99% |
| Pgim Etf Tr |
25.58%
31,958
|
$1,588,313,000 | 0.92% |
| Invesco Exchange Traded Fd T |
Opened
31,048
|
$1,420,446,000 | 0.83% |
| AMGEN Inc. |
13.79%
4,422
|
$1,381,609,000 | 0.80% |
| Qualcomm, Inc. |
1.27%
6,927
|
$1,379,648,000 | 0.80% |
| Proshares Tr |
1.26%
38,079
|
$1,332,955,000 | 0.78% |
| Netflix Inc. |
No change
1,844
|
$1,244,479,000 | 0.72% |
| Stryker Corp. |
Closed
3,110
|
$1,112,976,000 | |
| Tesla Inc |
19.61%
5,145
|
$1,018,093,000 | 0.59% |
| Spdr Index Shs Fds |
13.13%
35,417
|
$1,002,655,000 | 0.58% |
| Visa Inc |
2.73%
3,689
|
$968,348,000 | 0.56% |
| Salesforce Inc |
4.87%
3,400
|
$874,140,000 | 0.51% |
| Goldman Sachs Group, Inc. |
2.56%
1,906
|
$862,252,000 | 0.50% |
| Disney Walt Co |
Closed
6,838
|
$836,735,000 | |
| Johnson & Johnson |
1.22%
5,053
|
$738,487,000 | 0.43% |
| Shopify Inc |
2.07%
11,065
|
$730,843,000 | 0.43% |
| Procter And Gamble Co |
7.92%
4,361
|
$719,216,000 | 0.42% |
| Meta Platforms Inc |
17.28%
1,425
|
$718,357,000 | 0.42% |
| Walmart Inc |
6.11%
10,448
|
$707,437,000 | 0.41% |
| Vanguard Specialized Funds |
0.75%
3,330
|
$607,803,000 | 0.35% |
| Eli Lilly & Co |
2.12%
625
|
$566,242,000 | 0.33% |
| Lockheed Martin Corp. |
5.31%
1,191
|
$556,316,000 | 0.32% |
| Accenture Plc Ireland |
10.69%
1,419
|
$430,539,000 | 0.25% |
| Public Svc Enterprise Grp In |
13.66%
5,768
|
$425,102,000 | 0.25% |
| Microstrategy Inc. |
No change
300
|
$413,244,000 | 0.24% |
| Crowdstrike Holdings Inc |
2.86%
1,078
|
$413,079,000 | 0.24% |
| Verizon Communications Inc |
2.89%
9,884
|
$407,627,000 | 0.24% |
| Pfizer Inc. |
85.03%
14,429
|
$403,723,000 | 0.24% |
| Micron Technology Inc. |
No change
3,060
|
$402,482,000 | 0.23% |
| Cisco Sys Inc |
0.35%
8,314
|
$394,987,000 | 0.23% |
| Berkshire Hathaway Inc. |
21.04%
955
|
$388,494,000 | 0.23% |
| Bank America Corp |
1.19%
9,668
|
$384,486,000 | 0.22% |
| Vector Group Ltd |
5.26%
35,629
|
$376,596,000 | 0.22% |
| Applied Matls Inc |
13.33%
1,580
|
$372,864,000 | 0.22% |
| Blackstone Inc |
41.81%
2,893
|
$358,156,000 | 0.21% |
| First Tr Exchange-traded Fd |
2.08%
4,708
|
$356,207,000 | 0.21% |
| Adobe Inc |
19.01%
639
|
$354,990,000 | 0.21% |
| Mcdonalds Corp |
10.64%
1,352
|
$344,544,000 | 0.20% |
| KKR & Co. Inc |
0.03%
3,164
|
$333,011,000 | 0.19% |
| Reliance Inc. |
Opened
1,113
|
$317,873,000 | 0.19% |
| Airbnb, Inc. |
32.30%
2,089
|
$316,755,000 | 0.18% |
| Parsons Corp |
Closed
3,749
|
$310,980,000 | |
| Fortinet Inc |
7.15%
4,988
|
$300,627,000 | 0.18% |
| Tjx Cos Inc New |
0.78%
2,717
|
$299,142,000 | 0.17% |
| Ishares Bitcoin Tr |
5.29%
8,662
|
$295,721,000 | 0.17% |
| MercadoLibre Inc |
4.07%
179
|
$294,169,000 | 0.17% |
| Vanguard World Fd |
No change
494
|
$284,835,000 | 0.17% |
| Paylocity Hldg Corp |
Closed
1,639
|
$281,679,000 | |
| Columbia Etf Tr I |
2.06%
13,095
|
$266,745,000 | 0.16% |
| Intel Corp. |
Opened
8,211
|
$254,295,000 | 0.15% |
| CVS Health Corp |
Closed
2,906
|
$231,783,000 | |
| First Tr Exchng Traded Fd Vi |
4.13%
7,497
|
$216,813,000 | 0.13% |
| Starbucks Corp. |
7.69%
2,592
|
$201,787,000 | 0.12% |
| Oracle Corp. |
Opened
1,427
|
$201,492,000 | 0.12% |
| Invesco Exch Traded Fd Tr Ii |
Opened
1,017
|
$200,497,000 | 0.12% |
| Blackrock Enhanced Equity Di |
Opened
20,413
|
$166,774,000 | 0.10% |
| Sirius XM Holdings Inc |
1.63%
30,169
|
$85,378,000 | 0.05% |
| NIO Inc |
1.12%
15,454
|
$64,289,000 | 0.04% |
| Lithium Amers Corp New |
Opened
19,000
|
$50,920,000 | 0.03% |
| Corvus Pharmaceuticals Inc |
No change
10,000
|
$18,200,000 | 0.01% |
| Amarin Corp Plc |
No change
10,000
|
$6,880,000 | 0.00% |
| Comstock Inc |
No change
11,750
|
$1,927,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 84 holdings | |||
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