Thrive Wealth Management 13F annual report
Thrive Wealth Management is an investment fund managing more than $510 billion ran by Michael Ptaszenski. There are currently 181 companies in Mr. Ptaszenski’s portfolio. The largest investments include Schwab Strategic Tr and Vanguard Index Fds, together worth $289 billion.
$510 billion Assets Under Management (AUM)
As of 5th July 2024, Thrive Wealth Management’s top holding is 1,605,938 shares of Schwab Strategic Tr currently worth over $146 billion and making up 28.7% of the portfolio value.
In addition, the fund holds 801,787 shares of Vanguard Index Fds worth $143 billion.
The third-largest holding is Spdr Sp 500 Etf Tr worth $20.2 billion and the next is Ishares Tr worth $32.5 billion, with 633,703 shares owned.
Currently, Thrive Wealth Management's portfolio is worth at least $510 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 Thrive Wealth Management
The Thrive Wealth Management office and employees reside in Audubon, Pennsylvania. According to the last 13-F report filed with the SEC, Michael Ptaszenski serves as the Managing Member and Chief Compliance Officer at Thrive Wealth Management.
Recent trades
In the most recent 13F filing, Thrive Wealth Management revealed that it had opened a new position in
Ishares Tr and bought 35,229 shares worth $3.56 billion.
The investment fund also strengthened its position in Schwab Strategic Tr by buying
170,536 additional shares.
This makes their stake in Schwab Strategic Tr total 1,605,938 shares worth $146 billion.
On the other hand, there are companies that Thrive Wealth Management is getting rid of from its portfolio.
Thrive Wealth Management closed its position in Model N Inc on 12th July 2024.
It sold the previously owned 39,623 shares for $967 million.
Michael Ptaszenski also disclosed a decreased stake in Vanguard Scottsdale Fds by approximately 0.1%.
This leaves the value of the investment at $8.24 billion and 33,482 shares.
One of the average hedge funds
The two most similar investment funds to Thrive Wealth Management are Soundwatch Capital and Bourgeon Capital Management. They manage $510 billion and $510 billion respectively.
Michael Ptaszenski investment strategy
Thrive Wealth Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 7.1% of
the total portfolio value.
The fund focuses on investments in the United States as
50.3% 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
49% of the total holdings value.
On the other hand, small-cap stocks make up only 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $166 billion.
The complete list of Thrive Wealth Management trades based on 13F SEC filings
These positions were updated on July 12th 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 |
|---|---|---|---|
| Schwab Strategic Tr |
11.88%
1,605,938
|
$146,475,269,000 | 28.72% |
| Vanguard Index Fds |
11.97%
801,787
|
$142,804,111,000 | 28.00% |
| Spdr Sp 500 Etf Tr |
4.99%
37,151
|
$20,218,264,000 | 3.96% |
| Ishares Tr |
10.85%
633,703
|
$32,504,846,000 | 6.37% |
| Microsoft Corporation |
32.12%
23,963
|
$10,710,355,000 | 2.10% |
| Apple Inc |
13.10%
49,541
|
$10,434,341,000 | 2.05% |
| Vanguard Scottsdale Fds |
8.25%
33,482
|
$8,239,020,000 | 1.62% |
| Vanguard Intl Equity Index F |
16.59%
107,745
|
$4,714,908,000 | 0.92% |
| Alphabet Inc |
24.41%
38,253
|
$6,999,760,000 | 1.37% |
| NVIDIA Corp |
990.54%
34,821
|
$4,301,786,000 | 0.84% |
| Amazon.com Inc. |
14.94%
19,978
|
$3,860,745,000 | 0.76% |
| Johnson Johnson |
26.69%
23,550
|
$3,442,131,000 | 0.67% |
| Ishares Tr |
Opened
35,229
|
$3,563,985,000 | 0.70% |
| Sei Invts Co |
59.66%
41,928
|
$2,712,326,000 | 0.53% |
| Berkshire Hathaway Inc. |
2.59%
6,449
|
$2,623,453,000 | 0.51% |
| Procter And Gamble Co |
6.16%
15,585
|
$2,570,226,000 | 0.50% |
| Merck Co Inc |
0.43%
20,361
|
$2,520,667,000 | 0.49% |
| Visa Inc |
1.37%
9,524
|
$2,499,757,000 | 0.49% |
| Spdr Ser Tr |
37.60%
96,166
|
$2,987,240,000 | 0.59% |
| Salesforce Inc |
0.62%
8,232
|
$2,116,458,000 | 0.41% |
| Ishares Inc |
25.87%
34,651
|
$1,854,869,000 | 0.36% |
| Lockheed Martin Corp. |
3.23%
3,805
|
$1,777,262,000 | 0.35% |
| Thermo Fisher Scientific Inc. |
8.39%
3,166
|
$1,750,963,000 | 0.34% |
| Mastercard Incorporated |
5.52%
3,786
|
$1,670,246,000 | 0.33% |
| Jpmorgan Chase Co. |
5.07%
7,819
|
$1,581,534,000 | 0.31% |
| Pfizer Inc. |
13.18%
54,938
|
$1,537,167,000 | 0.30% |
| Danaher Corp. |
11.61%
6,134
|
$1,532,683,000 | 0.30% |
| Vanguard Tax-managed Fds |
3.69%
30,814
|
$1,522,814,000 | 0.30% |
| Meta Platforms Inc |
10.07%
2,918
|
$1,471,539,000 | 0.29% |
| Exxon Mobil Corp. |
4.62%
12,456
|
$1,433,896,000 | 0.28% |
| Chevron Corp. |
0.76%
9,045
|
$1,414,832,000 | 0.28% |
| Eli Lilly Co |
22.34%
1,528
|
$1,383,064,000 | 0.27% |
| Intuit Inc |
11.35%
2,047
|
$1,345,332,000 | 0.26% |
| Sp Global Inc |
17.18%
3,001
|
$1,338,459,000 | 0.26% |
| Tjx Cos Inc New |
3.38%
11,316
|
$1,245,837,000 | 0.24% |
| International Business Machs |
4.11%
6,949
|
$1,201,755,000 | 0.24% |
| Amphenol Corp. |
63.79%
17,080
|
$1,150,663,000 | 0.23% |
| Home Depot, Inc. |
1.38%
3,222
|
$1,109,274,000 | 0.22% |
| Linde Plc. |
8.19%
2,476
|
$1,086,494,000 | 0.21% |
| Zoetis Inc |
8.91%
6,231
|
$1,080,172,000 | 0.21% |
| Abbvie Inc |
0.83%
6,167
|
$1,057,687,000 | 0.21% |
| Vanguard Whitehall Fds |
41.31%
8,770
|
$1,040,119,000 | 0.20% |
| Pembina Pipeline Corporation |
4.41%
27,883
|
$1,033,902,000 | 0.20% |
| Coca-Cola Co |
3.45%
16,168
|
$1,029,113,000 | 0.20% |
| American Tower Corp. |
109.37%
5,253
|
$1,021,172,000 | 0.20% |
| Ecolab, Inc. |
3.43%
4,191
|
$997,373,000 | 0.20% |
| Tesla Inc |
15.07%
4,955
|
$980,496,000 | 0.19% |
| Verisk Analytics Inc |
2.46%
3,607
|
$972,343,000 | 0.19% |
| Model N Inc |
Closed
39,623
|
$967,197,000 | |
| Union Pac Corp |
5.83%
4,229
|
$956,762,000 | 0.19% |
| Unitedhealth Group Inc |
13.95%
1,846
|
$940,170,000 | 0.18% |
| Mcdonalds Corp |
22.09%
3,583
|
$913,160,000 | 0.18% |
| Cisco Sys Inc |
4.03%
19,194
|
$911,894,000 | 0.18% |
| AMGEN Inc. |
22.23%
2,854
|
$891,664,000 | 0.17% |
| Broadcom Inc. |
0.18%
552
|
$885,596,000 | 0.17% |
| Duke Energy Corp. |
6.03%
8,735
|
$875,496,000 | 0.17% |
| Mckesson Corporation |
74.48%
1,497
|
$874,360,000 | 0.17% |
| Verizon Communications Inc |
4.43%
20,708
|
$853,984,000 | 0.17% |
| Gartner, Inc. |
3.85%
1,898
|
$852,316,000 | 0.17% |
| Capital Grp Fixed Incm Etf T |
Opened
31,654
|
$849,907,000 | 0.17% |
| Adobe Inc |
0.78%
1,520
|
$844,421,000 | 0.17% |
| Xylem Inc |
3.66%
5,889
|
$798,767,000 | 0.16% |
| Fortinet Inc |
0.26%
12,948
|
$780,376,000 | 0.15% |
| Collegium Pharmaceutical Inc |
Opened
23,976
|
$772,027,000 | 0.15% |
| Vanguard Specialized Funds |
0.43%
4,213
|
$769,163,000 | 0.15% |
| Pnc Finl Svcs Group Inc |
7.82%
4,936
|
$767,452,000 | 0.15% |
| Oracle Corp. |
21.61%
5,304
|
$748,981,000 | 0.15% |
| Energy Transfer L P |
No change
46,034
|
$746,679,000 | 0.15% |
| Att Inc |
42.42%
38,739
|
$740,303,000 | 0.15% |
| Dimensional Etf Trust |
Opened
37,117
|
$1,122,377,000 | 0.22% |
| Philip Morris International Inc |
13.99%
7,299
|
$739,651,000 | 0.15% |
| Pepsico Inc |
11.27%
4,348
|
$717,071,000 | 0.14% |
| Comcast Corp New |
23.76%
18,124
|
$709,754,000 | 0.14% |
| Marsh Mclennan Cos Inc |
3.40%
3,180
|
$670,110,000 | 0.13% |
| Caterpillar Inc. |
11.08%
1,945
|
$647,759,000 | 0.13% |
| Citigroup Inc |
18.50%
9,744
|
$618,338,000 | 0.12% |
| The Southern Co. |
6.57%
7,812
|
$605,983,000 | 0.12% |
| General Dynamics Corp. |
13.62%
2,080
|
$603,601,000 | 0.12% |
| Hartford Fds Exchange Traded |
28.04%
14,961
|
$578,991,000 | 0.11% |
| Verisign Inc. |
Opened
3,192
|
$567,538,000 | 0.11% |
| Wisdomtree Tr |
19.65%
6,978
|
$544,633,000 | 0.11% |
| Phillips 66 |
34.69%
3,737
|
$527,608,000 | 0.10% |
| Air Prods Chems Inc |
2.26%
2,039
|
$526,165,000 | 0.10% |
| Intercontinental Exchange In |
34.25%
3,680
|
$503,816,000 | 0.10% |
| Fiserv, Inc. |
47.32%
3,289
|
$490,193,000 | 0.10% |
| Gilead Sciences, Inc. |
2.60%
6,994
|
$479,862,000 | 0.09% |
| Applied Matls Inc |
8.09%
2,031
|
$479,312,000 | 0.09% |
| Prudential Finl Inc |
8.30%
4,067
|
$476,563,000 | 0.09% |
| Walmart Inc |
243.48%
6,976
|
$472,353,000 | 0.09% |
| Medtronic Plc |
78.98%
5,994
|
$471,788,000 | 0.09% |
| Dollar Gen Corp New |
75.12%
3,548
|
$469,147,000 | 0.09% |
| Qualcomm, Inc. |
10.72%
2,334
|
$464,909,000 | 0.09% |
| Cummins Inc. |
Opened
1,676
|
$464,135,000 | 0.09% |
| Bank America Corp |
22.77%
11,601
|
$461,362,000 | 0.09% |
| Conocophillips |
5.88%
3,910
|
$447,179,000 | 0.09% |
| GSK Plc |
6.04%
11,612
|
$447,062,000 | 0.09% |
| Wells Fargo Co New |
36.47%
7,499
|
$445,370,000 | 0.09% |
| Costco Whsl Corp New |
4.24%
519
|
$441,385,000 | 0.09% |
| Netflix Inc. |
1.88%
651
|
$439,280,000 | 0.09% |
| Elevance Health Inc |
4.15%
804
|
$435,506,000 | 0.09% |
| Honeywell International Inc |
12.36%
2,036
|
$434,810,000 | 0.09% |
| Enbridge Inc |
5.04%
12,087
|
$430,176,000 | 0.08% |
| Lam Research Corp. |
Opened
404
|
$429,992,000 | 0.08% |
| Alliant Energy Corp. |
Opened
8,438
|
$429,494,000 | 0.08% |
| NextEra Energy Inc |
7.43%
6,041
|
$427,745,000 | 0.08% |
| Lennox International Inc |
17.35%
798
|
$426,733,000 | 0.08% |
| American Express Co. |
20.04%
1,827
|
$423,142,000 | 0.08% |
| WEC Energy Group Inc |
Opened
5,387
|
$422,694,000 | 0.08% |
| RTX Corp |
3.49%
4,125
|
$414,101,000 | 0.08% |
| Crown Castle Inc |
Opened
4,193
|
$409,685,000 | 0.08% |
| Teradyne, Inc. |
14.11%
2,758
|
$409,036,000 | 0.08% |
| United Parcel Service, Inc. |
34.75%
2,954
|
$404,318,000 | 0.08% |
| General Mls Inc |
26.11%
6,351
|
$401,771,000 | 0.08% |
| Bentley Sys Inc |
6.52%
7,956
|
$392,708,000 | 0.08% |
| Intuitive Surgical Inc |
16.73%
872
|
$387,909,000 | 0.08% |
| Lyondellbasell Industries N |
17.39%
4,030
|
$385,510,000 | 0.08% |
| Intel Corp. |
13.39%
12,383
|
$383,515,000 | 0.08% |
| Disney Walt Co |
21.99%
3,839
|
$381,203,000 | 0.07% |
| Abbott Labs |
7.40%
3,614
|
$375,509,000 | 0.07% |
| Lpl Finl Hldgs Inc |
18.70%
1,301
|
$363,369,000 | 0.07% |
| PayPal Holdings Inc |
78.59%
6,149
|
$356,826,000 | 0.07% |
| Us Bancorp Del |
Closed
10,753
|
$355,486,000 | |
| ServiceNow Inc |
Opened
423
|
$332,761,000 | 0.07% |
| Fair Isaac Corp. |
Opened
223
|
$331,971,000 | 0.07% |
| Bristol-Myers Squibb Co. |
Closed
5,640
|
$327,320,000 | |
| Nordson Corp. |
8.90%
1,370
|
$317,735,000 | 0.06% |
| Cooper Cos Inc |
Opened
3,586
|
$313,058,000 | 0.06% |
| Lowes Cos Inc |
22.72%
1,415
|
$311,946,000 | 0.06% |
| Astrazeneca plc |
2.46%
3,961
|
$308,885,000 | 0.06% |
| Watsco Inc. |
21.65%
663
|
$307,128,000 | 0.06% |
| Blackrock Inc. |
16.82%
382
|
$300,756,000 | 0.06% |
| Equifax, Inc. |
Opened
1,226
|
$297,256,000 | 0.06% |
| Invesco Currencyshares Brit |
Closed
2,509
|
$294,898,000 | |
| Berkley W R Corp |
Opened
3,691
|
$290,075,000 | 0.06% |
| Prospect Cap Corp |
0.78%
52,273
|
$289,068,000 | 0.06% |
| Mondelez International Inc. |
3.31%
4,387
|
$287,098,000 | 0.06% |
| Automatic Data Processing In |
2.65%
1,203
|
$287,073,000 | 0.06% |
| Spdr Sp Midcap 400 Etf Tr |
Opened
535
|
$286,268,000 | 0.06% |
| Interactive Brokers Group In |
Opened
2,333
|
$286,012,000 | 0.06% |
| Starbucks Corp. |
Opened
3,621
|
$281,923,000 | 0.06% |
| Goldman Sachs Group, Inc. |
Opened
619
|
$279,975,000 | 0.05% |
| Morgan Stanley |
15.63%
2,856
|
$277,538,000 | 0.05% |
| Schwab Charles Corp |
Opened
3,731
|
$274,956,000 | 0.05% |
| Roblox Corporation |
4.25%
7,358
|
$273,791,000 | 0.05% |
| Rollins, Inc. |
Opened
5,537
|
$270,163,000 | 0.05% |
| Accenture Plc Ireland |
6.99%
888
|
$269,428,000 | 0.05% |
| Henry Jack Assoc Inc |
Opened
1,617
|
$268,507,000 | 0.05% |
| Saia Inc. |
Opened
559
|
$265,128,000 | 0.05% |
| Cigna Group (The) |
23.69%
799
|
$264,172,000 | 0.05% |
| Pool Corporation |
Closed
741
|
$263,858,000 | |
| Zebra Technologies Corporati |
Opened
849
|
$262,282,000 | 0.05% |
| Emerson Elec Co |
6.92%
2,319
|
$255,425,000 | 0.05% |
| Advanced Micro Devices Inc. |
Opened
1,573
|
$255,156,000 | 0.05% |
| Vanguard Index Fds |
Opened
1,914
|
$471,005,000 | 0.09% |
| Cedar Fair L.P. |
Opened
4,643
|
$252,347,000 | 0.05% |
| Entergy Corp. |
Opened
2,358
|
$252,306,000 | 0.05% |
| Aspen Technology Inc |
Opened
1,256
|
$249,479,000 | 0.05% |
| SiteOne Landscape Supply Inc |
Closed
1,513
|
$247,300,000 | |
| Cooper Cos Inc |
Closed
776
|
$246,823,000 | |
| Rio Tinto plc |
35.41%
3,685
|
$242,952,000 | 0.05% |
| Schwab Strategic Tr |
Opened
3,117
|
$242,631,000 | 0.05% |
| Eaton Corp Plc |
36.36%
772
|
$242,061,000 | 0.05% |
| Analog Devices Inc. |
Opened
1,041
|
$237,543,000 | 0.05% |
| Proshares Tr |
Opened
10,290
|
$231,633,000 | 0.05% |
| Charles Riv Labs Intl Inc |
Opened
1,102
|
$227,651,000 | 0.04% |
| Hershey Company |
Opened
1,224
|
$225,098,000 | 0.04% |
| Block H R Inc |
Opened
4,040
|
$219,089,000 | 0.04% |
| Ansys Inc. |
Closed
728
|
$216,616,000 | |
| Chubb Limited |
Opened
842
|
$214,777,000 | 0.04% |
| Dolby Laboratories Inc |
Opened
2,698
|
$213,763,000 | 0.04% |
| Chemed Corp. |
Opened
391
|
$212,149,000 | 0.04% |
| Virtu Finl Inc |
Opened
9,439
|
$211,906,000 | 0.04% |
| Cencora Inc. |
Opened
931
|
$209,678,000 | 0.04% |
| Hasbro, Inc. |
44.19%
3,577
|
$209,255,000 | 0.04% |
| Allegion plc |
Opened
1,756
|
$207,471,000 | 0.04% |
| Bright Horizons Fam Sol In D |
Opened
1,884
|
$207,391,000 | 0.04% |
| Nxp Semiconductors N V |
Opened
769
|
$206,930,000 | 0.04% |
| Marathon Pete Corp |
Opened
1,188
|
$206,101,000 | 0.04% |
| Invesco Exchange Traded Fd T |
Opened
4,330
|
$205,632,000 | 0.04% |
| Teledyne Technologies Inc |
Opened
528
|
$204,853,000 | 0.04% |
| Texas Instrs Inc |
Opened
1,051
|
$204,430,000 | 0.04% |
| Deere Co |
Opened
537
|
$200,775,000 | 0.04% |
| Exponent Inc. |
Opened
2,107
|
$200,418,000 | 0.04% |
| PPL Corp |
Opened
7,243
|
$200,279,000 | 0.04% |
| New Amer High Income Fd Inc |
Opened
14,416
|
$105,671,000 | 0.02% |
| Haleon Plc |
Closed
11,204
|
$93,329,000 | |
| Editas Medicine Inc |
Opened
18,500
|
$86,395,000 | 0.02% |
| Omniab Inc |
13.80%
16,081
|
$60,304,000 | 0.01% |
| Caribou Biosciences Inc |
Opened
32,000
|
$52,480,000 | 0.01% |
| Aurora Cannabis Inc |
Closed
55,002
|
$32,176,000 | |
| Cybin Inc |
47.17%
28,000
|
$7,588,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 191 holdings | |||
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