Berkshire Money Management 13F annual report

Berkshire Money Management is an investment fund managing more than $753 billion ran by Allen Harris. There are currently 19 companies in Mr. Harris’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Direxion Shs Etf Tr, together worth $278 billion.

$753 billion Assets Under Management (AUM)

As of 12th July 2024, Berkshire Money Management’s top holding is 379,844 shares of Spdr S&p 500 Etf Tr currently worth over $207 billion and making up 27.5% of the portfolio value. In addition, the fund holds 800,676 shares of Direxion Shs Etf Tr worth $71.1 billion. The third-largest holding is Innovator ETFs Trust worth $87.7 billion and the next is Spdr Dow Jones Indl Average worth $57.1 billion, with 146,115 shares owned.

Currently, Berkshire Money Management's portfolio is worth at least $753 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 Berkshire Money Management

The Berkshire Money Management office and employees reside in Dalton, Massachusetts. According to the last 13-F report filed with the SEC, Allen Harris serves as the CEO, CIO, and CCO at Berkshire Money Management.

Recent trades

In the most recent 13F filing, Berkshire Money Management revealed that it had opened a new position in Invesco Exch Trd Slf Idx Fd and bought 13,004 shares worth $250 million.

The investment fund also strengthened its position in Spdr S&p 500 Etf Tr by buying 6,643 additional shares. This makes their stake in Spdr S&p 500 Etf Tr total 379,844 shares worth $207 billion.

On the other hand, there are companies that Berkshire Money Management is getting rid of from its portfolio. Berkshire Money Management closed its position in Vanguard Index Fds on 19th July 2024. It sold the previously owned 24,639 shares for $7.65 billion. Allen Harris also disclosed a decreased stake in Spdr Dow Jones Indl Average by 0.3%. This leaves the value of the investment at $57.1 billion and 146,115 shares.

One of the average hedge funds

The two most similar investment funds to Berkshire Money Management are Lake Street Private Wealth and Relative Value Partners. They manage $752 billion and $752 billion respectively.

Allen Harris investment strategy

Berkshire Money Management’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Miscellaneous — making up 14.4% of the total portfolio value. The fund focuses on investments in the United States as 21.1% 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 16% of the total holdings value. On the other hand, small-cap stocks make up 15.8% of the portfolio. The average market cap of the portfolio companies is close to $474 billion.

The complete list of Berkshire Money Management trades based on 13F SEC filings

These positions were updated on July 19th 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
Spdr S&p 500 Etf Tr	1.78% 379,844	$206,718,701,000	27.46%
Direxion Shs Etf Tr	2.54% 800,676	$71,051,968,000	9.44%
Innovator ETFs Trust	2.27% 2,400,338	$87,729,113,000	11.65%
Spdr Dow Jones Indl Average	25.69% 146,115	$57,149,888,000	7.59%
Vanguard Specialized Funds	0.64% 309,000	$56,408,024,000	7.49%
Ishares Tr	1.03% 507,112	$101,183,401,000	13.44%
Vanguard Bd Index Fds	2.09% 521,842	$40,025,282,000	5.32%
Spdr Ser Tr	1.68% 1,679,111	$57,536,293,000	7.64%
Vanguard Index Fds	27.23% 78,210	$29,251,323,000	3.89%
VanEck ETF Trust	3.92% 236,087	$20,447,496,000	2.72%
Vanguard World Fd	78.61% 42,603	$8,405,146,000	1.12%
Select Sector Spdr Tr	1.19% 31,436	$4,581,869,000	0.61%
Apple Inc	22.16% 20,739	$4,368,146,000	0.58%
Vanguard Index Fds	Closed 24,639	$7,652,338,000
Invesco Exchange Traded Fd T	8.90% 21,312	$3,501,136,000	0.47%
Microsoft Corporation	Closed 8,233	$3,463,754,000
NVIDIA Corp	1,294.57% 13,360	$1,650,513,000	0.22%
Exxon Mobil Corp.	1.46% 12,623	$1,453,150,000	0.19%
Amazon.com Inc.	Closed 7,299	$1,316,647,000
Ishares Tr	Closed 15,572	$2,658,421,000
Spdr S&p Midcap 400 Etf Tr	Closed 1,405	$781,861,000
Vanguard Scottsdale Fds	Closed 8,310	$642,447,000
Proshares Tr	Closed 6,149	$623,571,000
Berkshire Hathaway Inc.	Closed 1,472	$619,006,000
Invesco Exch Trd Slf Idx Fd	No change 41,345	$808,605,000	0.11%
Schwab Strategic Tr	Closed 15,679	$1,015,612,000
Vanguard Admiral Fds Inc	Closed 2,930	$528,778,000
Meta Platforms Inc	Closed 1,001	$486,168,000
Spdr Ser Tr	Closed 4,616	$807,770,000
Park Natl Corp	Closed 3,228	$438,524,000
Wisdomtree Tr	Closed 6,000	$433,140,000
Costco Whsl Corp New	Closed 577	$422,802,000
RTX Corp	Closed 3,983	$388,462,000
Alphabet Inc	Closed 3,814	$577,557,000
Qualcomm, Inc.	Closed 2,100	$355,530,000
Innovator ETFs Trust	Closed 29,574	$1,108,887,000
Visa Inc	Closed 1,104	$308,105,000
Parker-Hannifin Corp.	Closed 552	$306,797,000
JPMorgan Chase & Co.	Closed 1,510	$302,453,000
General Dynamics Corp.	Closed 1,059	$299,157,000
Emerson Elec Co	Closed 2,510	$284,685,000
Hilton Worldwide Holdings Inc	Closed 1,307	$278,797,000
Tesla Inc	Closed 1,503	$264,213,000
Invesco Exch Trd Slf Idx Fd	Opened 13,004	$249,937,000	0.03%
AT&T Inc.	6.91% 12,825	$245,092,000	0.03%
Pepsico Inc	Closed 1,373	$240,289,000
Carrier Global Corporation	Closed 4,064	$236,241,000
Boeing Co.	Closed 1,188	$229,273,000
Home Depot, Inc.	Closed 586	$224,821,000
Coca-Cola Co	Closed 3,433	$210,031,000
Select Sector Spdr Tr	Closed 2,211	$208,730,000
Honeywell International Inc	Closed 1,000	$205,250,000
No transactions found
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