Melfa Wealth Management, Inc 13F annual report
Melfa Wealth Management, Inc is an investment fund managing more than $143 billion ran by Victor Jr.. There are currently 166 companies in Mr. Jr.’s portfolio. The largest investments include Dimensional Etf Trust and Apple Inc, together worth $28.9 billion.
$143 billion Assets Under Management (AUM)
As of 8th July 2024, Melfa Wealth Management, Inc’s top holding is 724,352 shares of Dimensional Etf Trust currently worth over $23.7 billion and making up 16.6% of the portfolio value.
In addition, the fund holds 24,334 shares of Apple Inc worth $5.13 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Putnam Mun Opportunities Tr worth $4.94 billion and the next is Blackrock Income Tr Inc worth $4.41 billion, with 369,497 shares owned.
Currently, Melfa Wealth Management, Inc's portfolio is worth at least $143 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 Melfa Wealth Management, Inc
The Melfa Wealth Management, Inc office and employees reside in Westborough, Massachusetts. According to the last 13-F report filed with the SEC, Victor Jr. serves as the Chief Compliance Officer at Melfa Wealth Management, Inc.
Recent trades
In the most recent 13F filing, Melfa Wealth Management, Inc revealed that it had opened a new position in
Ge Vernova Inc and bought 2,761 shares worth $474 million.
The investment fund also strengthened its position in Dimensional Etf Trust by buying
2,803 additional shares.
This makes their stake in Dimensional Etf Trust total 724,352 shares worth $23.7 billion.
On the other hand, there are companies that Melfa Wealth Management, Inc is getting rid of from its portfolio.
Melfa Wealth Management, Inc closed its position in Starbucks on 15th July 2024.
It sold the previously owned 2,199 shares for $201 million.
Victor Jr. also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $5.13 billion and 24,334 shares.
One of the smallest hedge funds
The two most similar investment funds to Melfa Wealth Management, Inc are Gables Capital Management Inc and Mainsail. They manage $143 billion and $143 billion respectively.
Victor Jr. investment strategy
Melfa Wealth Management, Inc’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 4.6% of
the total portfolio value.
The fund focuses on investments in the United States as
12.0% 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
9% of the total holdings value.
On the other hand, small-cap stocks make up only 2.4% of the portfolio.
The average market cap of the portfolio companies is close to $373 billion.
The complete list of Melfa Wealth Management, Inc trades based on 13F SEC filings
These positions were updated on July 15th 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 |
|---|---|---|---|
| Dimensional Etf Trust |
0.39%
724,352
|
$23,739,127,000 | 16.59% |
| Apple Inc |
1.49%
24,334
|
$5,125,172,000 | 3.58% |
| Putnam Mun Opportunities Tr |
0.10%
481,879
|
$4,944,076,000 | 3.46% |
| Blackrock Income Tr Inc |
1.16%
369,497
|
$4,408,095,000 | 3.08% |
| Eaton Vance Muni Income Trus |
0.37%
419,369
|
$4,340,470,000 | 3.03% |
| Ishares Tr |
5.47%
70,689
|
$8,141,303,000 | 5.69% |
| Blackrock Muniyield Quality |
0.07%
252,720
|
$2,810,768,000 | 1.96% |
| Meta Platforms Inc |
No change
4,940
|
$2,490,856,000 | 1.74% |
| Blackrock Muniyild Qult Fd I |
1.92%
195,727
|
$2,403,530,000 | 1.68% |
| Neuberger Berman Mun Fd Inc |
0.08%
224,159
|
$2,394,022,000 | 1.67% |
| Blackrock Muniholdings Fd In |
0.04%
188,409
|
$2,277,867,000 | 1.59% |
| Nuveen Amt Free Mun Cr Inc F |
0.03%
175,573
|
$2,187,635,000 | 1.53% |
| Spdr Sp 500 Etf Tr |
15.67%
3,698
|
$2,012,293,000 | 1.41% |
| GE Aerospace |
5.95%
11,847
|
$1,883,329,000 | 1.32% |
| Eaton Vance Mun Bd Fd |
1.24%
166,214
|
$1,758,544,000 | 1.23% |
| Exxon Mobil Corp. |
2.37%
14,824
|
$1,706,535,000 | 1.19% |
| NVIDIA Corp |
916.92%
13,220
|
$1,633,199,000 | 1.14% |
| Eaton Vance Natl Mun Opport |
5.68%
92,120
|
$1,551,307,000 | 1.08% |
| Dws Mun Income Tr New |
2.29%
161,069
|
$1,525,327,000 | 1.07% |
| Nuveen Select Tax-free Incom |
0.12%
101,109
|
$1,465,072,000 | 1.02% |
| Pimco Calif Mun Income Fd |
1.09%
148,647
|
$1,400,252,000 | 0.98% |
| Blackrock Municipal Income |
0.16%
111,518
|
$1,376,130,000 | 0.96% |
| Blackrock Munivest Fd Inc |
0.04%
176,158
|
$1,263,052,000 | 0.88% |
| Blackrock Floating Rate Inc |
3.47%
96,877
|
$1,236,154,000 | 0.86% |
| Invesco Exchange Traded Fd T |
1.61%
33,884
|
$1,569,715,000 | 1.10% |
| Fifth Third Bancorp |
No change
31,200
|
$1,138,488,000 | 0.80% |
| Western Asset Managed Muns F |
0.08%
109,141
|
$1,129,614,000 | 0.79% |
| Blackrock Mun Income Tr |
6.75%
107,650
|
$1,099,104,000 | 0.77% |
| Nuveen Floating Rate Income |
0.22%
126,099
|
$1,090,752,000 | 0.76% |
| Citigroup Inc |
0.90%
16,495
|
$1,046,744,000 | 0.73% |
| Blackrock Muniassets Fd Inc |
0.07%
85,649
|
$993,529,000 | 0.69% |
| Blackrock Muni Income Tr Ii |
3.52%
91,871
|
$993,128,000 | 0.69% |
| Microsoft Corporation |
14.14%
2,179
|
$973,813,000 | 0.68% |
| Blackrock Core Bd Tr |
No change
90,654
|
$965,464,000 | 0.67% |
| Eaton Vance Ltd Duration Inc |
1.62%
97,194
|
$946,666,000 | 0.66% |
| Blackrock Calif Mun Income T |
0.08%
75,857
|
$908,004,000 | 0.63% |
| Vanguard Index Fds |
1.00%
8,714
|
$1,755,225,000 | 1.23% |
| Blackrock Munihldngs Cali Ql |
0.10%
79,452
|
$881,913,000 | 0.62% |
| Blackrock Corpor Hi Yld Fd I |
1.51%
85,526
|
$828,748,000 | 0.58% |
| Invesco High Income Tr Ii |
No change
78,066
|
$825,152,000 | 0.58% |
| Fidelity Covington Trust |
11.05%
17,197
|
$804,455,000 | 0.56% |
| Nuveen Pfd Income Opportun |
0.09%
104,357
|
$779,549,000 | 0.54% |
| Vanguard Specialized Funds |
No change
4,227
|
$771,687,000 | 0.54% |
| Invesco Advantage Mun Income |
1.48%
85,450
|
$757,940,000 | 0.53% |
| Blackrock Floating Rate Inco |
5.59%
56,051
|
$725,296,000 | 0.51% |
| Vanguard Star Fds |
0.22%
12,000
|
$723,608,000 | 0.51% |
| Neuberger Berman High Yield |
No change
92,192
|
$720,941,000 | 0.50% |
| Nuveen California Muni Vlu F |
0.05%
82,843
|
$718,250,000 | 0.50% |
| Mfs Mun Income Tr |
No change
115,430
|
$630,246,000 | 0.44% |
| Mfs Invt Grade Mun Tr |
17.43%
78,360
|
$619,047,000 | 0.43% |
| Spdr Ser Tr |
No change
6,645
|
$616,039,000 | 0.43% |
| Eaton Vance New York Mun Bd |
No change
61,633
|
$607,697,000 | 0.42% |
| Putnam Managed Mun Income Tr |
0.03%
96,049
|
$595,504,000 | 0.42% |
| Blackrock Muniyield Mich Qu |
0.00%
49,427
|
$565,435,000 | 0.40% |
| Nuveen Massachusets Qlt Mun |
0.10%
50,225
|
$557,996,000 | 0.39% |
| Blackrock Munihldgs Nj Qlty |
0.22%
48,598
|
$553,534,000 | 0.39% |
| Nuveen Ca Qualty Mun Income |
12.10%
47,066
|
$542,667,000 | 0.38% |
| Blackrock Debt Strategies Fd |
6.44%
49,459
|
$536,136,000 | 0.37% |
| Alliancebernstein Natl Mun I |
0.33%
47,236
|
$524,790,000 | 0.37% |
| Jpmorgan Chase Co. |
4.17%
2,571
|
$520,010,000 | 0.36% |
| Blackrock Munivest Fd Ii Inc |
15.37%
46,761
|
$516,708,000 | 0.36% |
| Broadcom Inc. |
3.28%
315
|
$505,742,000 | 0.35% |
| Mfs High Income Mun Tr |
No change
132,893
|
$493,034,000 | 0.34% |
| Nuveen Amt-free Mun Value Fd |
0.02%
34,973
|
$485,426,000 | 0.34% |
| Invesco Muni Income Opp Trst |
No change
75,679
|
$480,559,000 | 0.34% |
| Pimco New York Mun Income Fd |
0.22%
95,666
|
$681,694,000 | 0.48% |
| Alphabet Inc |
3.64%
4,275
|
$780,824,000 | 0.55% |
| Ge Vernova Inc |
Opened
2,761
|
$473,539,000 | 0.33% |
| Pgim Global High Yield Fd Fo |
No change
39,841
|
$473,317,000 | 0.33% |
| Pioneer Municipal High Incom |
0.09%
54,956
|
$451,188,000 | 0.32% |
| Pimco New York Mun Fd Ii |
0.05%
60,845
|
$450,801,000 | 0.32% |
| Nuveen Mun Cr Opportunities |
0.17%
40,850
|
$450,578,000 | 0.31% |
| Blackrock Long-term Mun Adva |
No change
43,991
|
$445,629,000 | 0.31% |
| Invesco Mun Opportunity Tr |
0.04%
43,364
|
$437,109,000 | 0.31% |
| Invesco Bd Fd |
16.15%
26,964
|
$432,508,000 | 0.30% |
| Western Asset Mun High Incom |
0.18%
63,214
|
$428,588,000 | 0.30% |
| Dimensional Etf Trust |
Opened
14,787
|
$427,503,000 | 0.30% |
| Mfs High Yield Mun Tr |
0.84%
123,504
|
$423,620,000 | 0.30% |
| Eaton Vance Flting Rate Inc |
No change
30,663
|
$411,495,000 | 0.29% |
| Eaton Vance Calif Mun Bd Fd |
No change
42,446
|
$403,659,000 | 0.28% |
| Nuveen Quality Muncp Income |
No change
34,356
|
$403,338,000 | 0.28% |
| Invesco Tr Invt Grade Muns |
No change
37,360
|
$383,687,000 | 0.27% |
| Bny Mellon Mun Income Inc |
0.69%
51,070
|
$367,191,000 | 0.26% |
| Nuveen Mun Value Fd Inc |
6.01%
40,733
|
$351,527,000 | 0.25% |
| Vanguard Intl Equity Index F |
0.86%
10,867
|
$671,952,000 | 0.47% |
| Bny Mellon Strategic Muns In |
0.09%
57,298
|
$350,662,000 | 0.25% |
| Ishares Inc |
7.95%
6,423
|
$343,848,000 | 0.24% |
| Pimco Mun Income Fd Iii |
0.01%
43,608
|
$343,633,000 | 0.24% |
| Eaton Vance Mun Income 2028 |
No change
18,014
|
$336,864,000 | 0.24% |
| Dws Strategic Mun Income Tr |
No change
33,693
|
$332,215,000 | 0.23% |
| Ge Healthcare Technologies I |
0.38%
4,231
|
$329,681,000 | 0.23% |
| Pimco Dynamic Income Fd |
No change
17,126
|
$322,137,000 | 0.23% |
| Abrdn Natl Mun Income Fd |
0.04%
30,465
|
$321,708,000 | 0.22% |
| Invesco Municipal Trust |
No change
31,515
|
$313,893,000 | 0.22% |
| Pioneer Floating Rate Fund I |
No change
31,335
|
$302,694,000 | 0.21% |
| Western Asset High Income Op |
316.62%
78,950
|
$300,800,000 | 0.21% |
| Bny Mellon High Yield Strate |
0.22%
121,830
|
$293,610,000 | 0.21% |
| Vanguard Tax-managed Fds |
4.05%
5,899
|
$291,541,000 | 0.20% |
| Vanguard Bd Index Fds |
0.13%
3,971
|
$286,127,000 | 0.20% |
| Nuveen Mortgage And Income F |
0.16%
15,860
|
$285,795,000 | 0.20% |
| Eaton Vance Short Duration D |
1.71%
26,278
|
$283,806,000 | 0.20% |
| Amazon.com Inc. |
3.10%
1,430
|
$276,394,000 | 0.19% |
| Invesco Sr Income Tr |
No change
59,432
|
$256,152,000 | 0.18% |
| Vanguard Wellington Fd |
3.52%
5,612
|
$731,469,000 | 0.51% |
| Abrdn Income Credit Strategi |
No change
37,448
|
$253,899,000 | 0.18% |
| Nuveen N Y Mun Value Fd |
No change
29,908
|
$247,937,000 | 0.17% |
| Visa Inc |
No change
940
|
$246,777,000 | 0.17% |
| International Business Machs |
9.62%
1,425
|
$246,454,000 | 0.17% |
| Blackrock Tax Municpal Bd Tr |
No change
15,040
|
$245,900,000 | 0.17% |
| Nuveen Mun High Income Oppor |
0.26%
22,316
|
$240,791,000 | 0.17% |
| Blackrock Mun Target Term Tr |
0.09%
11,566
|
$240,231,000 | 0.17% |
| Doubleline Opportunistic Cr |
No change
15,609
|
$239,755,000 | 0.17% |
| Putnam Master Inter Income T |
0.11%
74,113
|
$239,015,000 | 0.17% |
| Blackrock Invt Quality Mun T |
0.05%
19,775
|
$236,704,000 | 0.17% |
| Community Financial System I |
No change
4,825
|
$227,789,000 | 0.16% |
| Eaton Vance Calif Mun Incom |
No change
20,679
|
$224,992,000 | 0.16% |
| Netflix Inc. |
No change
332
|
$224,060,000 | 0.16% |
| Eversource Energy |
0.43%
3,941
|
$223,487,000 | 0.16% |
| Abbvie Inc |
4.03%
1,290
|
$221,309,000 | 0.15% |
| High Income Secs Fd |
No change
31,646
|
$221,204,000 | 0.15% |
| Nuveen Amt Free Qlty Mun Inc |
Opened
18,982
|
$217,532,000 | 0.15% |
| Wisdomtree Tr |
No change
4,145
|
$208,535,000 | 0.15% |
| Starbucks Corp. |
Closed
2,199
|
$200,967,000 | |
| Bny Mellon Mun Bd Infrastruc |
0.02%
18,972
|
$200,722,000 | 0.14% |
| Oracle Corp. |
Opened
1,417
|
$200,020,000 | 0.14% |
| Highland Opportunities |
No change
31,895
|
$199,346,000 | 0.14% |
| Calamos Conv High Income F |
No change
17,833
|
$199,011,000 | 0.14% |
| Brookfield Real Assets Incom |
0.24%
15,397
|
$196,468,000 | 0.14% |
| Pioneer Mun High Income Oppo |
No change
16,850
|
$196,302,000 | 0.14% |
| Att Inc |
Opened
10,263
|
$196,128,000 | 0.14% |
| Hancock John Prem Divid Fd |
0.23%
16,101
|
$189,668,000 | 0.13% |
| Pimco Mun Income Fd |
0.05%
20,663
|
$189,482,000 | 0.13% |
| Saba Capital Income Opport |
Opened
24,125
|
$188,175,000 | 0.13% |
| Carlyle Credit Income Fund |
No change
22,724
|
$185,879,000 | 0.13% |
| Western Asset High Incom Fd |
0.75%
42,696
|
$185,729,000 | 0.13% |
| Saba Capital Income Opport |
Closed
48,250
|
$184,315,000 | |
| Blackrock Muniholdings Quali |
0.37%
17,961
|
$183,200,000 | 0.13% |
| Western Asset Premier Bd Fd |
22.44%
17,281
|
$181,279,000 | 0.13% |
| Apollo Sr Floating Rate Fd I |
No change
12,399
|
$180,279,000 | 0.13% |
| Western Asset Inter Muni Fd |
No change
22,747
|
$178,791,000 | 0.12% |
| Hancock John Income Secs Tr |
No change
15,755
|
$171,731,000 | 0.12% |
| Blackrock Enhanced Govt Fd I |
51.60%
17,822
|
$166,458,000 | 0.12% |
| Rivernorth Managed Dur Mun I |
No change
10,847
|
$165,520,000 | 0.12% |
| Calamos Conv Opportunities |
No change
13,993
|
$162,878,000 | 0.11% |
| Dtf Tax-free Income 2028 Ter |
No change
14,339
|
$157,158,000 | 0.11% |
| Invesco Quality Mun Income T |
No change
15,344
|
$152,216,000 | 0.11% |
| Nuveen Dynamic Mun Opportuni |
0.20%
14,028
|
$151,501,000 | 0.11% |
| Pimco Mun Income Fd Ii |
No change
17,500
|
$149,275,000 | 0.10% |
| Bausch Health Cos Inc |
Closed
14,000
|
$148,540,000 | |
| Nuveen Real Asset Income G |
No change
12,098
|
$147,233,000 | 0.10% |
| Blackrock Cr Allocation Inco |
No change
13,245
|
$141,857,000 | 0.10% |
| Abrdn Asia Pacific Income Fu |
49.49%
52,859
|
$141,663,000 | 0.10% |
| Nuveen Municipal Credit Inc |
0.03%
11,240
|
$138,820,000 | 0.10% |
| Nuveen Pennsylvania Qlt Mun |
No change
11,134
|
$135,835,000 | 0.09% |
| Advent Conv Income Fd |
0.17%
11,302
|
$134,716,000 | 0.09% |
| Blackstone Strategic Cred 20 |
No change
11,167
|
$132,776,000 | 0.09% |
| Bny Mellon Strategic Mun Bd |
No change
21,861
|
$129,854,000 | 0.09% |
| Credit Suisse Asset Mgmt Inc |
Opened
42,950
|
$127,562,000 | 0.09% |
| Eaton Vance Sr Income Tr |
No change
19,797
|
$125,514,000 | 0.09% |
| Blackrock Munihldgs Ny Qlty |
No change
11,600
|
$124,816,000 | 0.09% |
| Virtus Stone Hbr Emrg Mkts I |
19.53%
21,557
|
$113,606,000 | 0.08% |
| Virtus Convertible Income |
7.13%
33,624
|
$109,952,000 | 0.08% |
| Western Asst Infltn Lkd Inm |
No change
12,298
|
$98,504,000 | 0.07% |
| Pioneer High Income Fund Inc |
Opened
12,910
|
$97,080,000 | 0.07% |
| Mfs Inter Income Tr |
No change
34,133
|
$90,794,000 | 0.06% |
| Pimco Calif Mun Income Fd Ii |
No change
22,594
|
$146,191,000 | 0.10% |
| OFS Credit Company, Inc. |
0.77%
10,274
|
$74,023,000 | 0.05% |
| Mfs Govt Mkts Income Tr |
No change
17,467
|
$53,624,000 | 0.04% |
| Credit Suisse High Yield Bd |
No change
25,363
|
$51,233,000 | 0.04% |
| Adaptive Biotechnologies Cor |
Closed
10,100
|
$32,421,000 | |
| No transactions found | |||
| Showing first 500 out of 170 holdings | |||
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