1858 Wealth Management 13F annual report
1858 Wealth Management is an investment fund managing more than $120 billion ran by Joseph D'anniballe. There are currently 110 companies in Mr. D'anniballe’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $13.4 billion.
$120 billion Assets Under Management (AUM)
As of 11th July 2024, 1858 Wealth Management’s top holding is 15,261 shares of Microsoft currently worth over $6.82 billion and making up 5.7% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, 1858 Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 31,270 shares of Apple Inc worth $6.59 billion, whose value grew 21.3% in the past six months.
The third-largest holding is NVIDIA Corp worth $4.74 billion and the next is Ametek Inc worth $3.81 billion, with 22,869 shares owned.
Currently, 1858 Wealth Management's portfolio is worth at least $120 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 1858 Wealth Management
The 1858 Wealth Management office and employees reside in Akron, Ohio. According to the last 13-F report filed with the SEC, Joseph D'anniballe serves as the Chief Compliance Officer at 1858 Wealth Management.
Recent trades
In the most recent 13F filing, 1858 Wealth Management revealed that it had opened a new position in
Ge Vernova Inc and bought 10,239 shares worth $1.76 billion.
The investment fund also strengthened its position in Microsoft by buying
150 additional shares.
This makes their stake in Microsoft total 15,261 shares worth $6.82 billion.
Microsoft soared 23.4% in the past year.
On the other hand, there are companies that 1858 Wealth Management is getting rid of from its portfolio.
1858 Wealth Management closed its position in Tesla Inc on 18th July 2024.
It sold the previously owned 5,739 shares for $1.43 billion.
Joseph D'anniballe also disclosed a decreased stake in Meta Platforms Inc by approximately 0.1%.
This leaves the value of the investment at $3.64 billion and 7,228 shares.
One of the smallest hedge funds
The two most similar investment funds to 1858 Wealth Management are Vinland Capital Management Gestora De Recursos Ltda and Signature Resources Capital Management. They manage $120 billion and $120 billion respectively.
Joseph D'anniballe investment strategy
1858 Wealth Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 31.2% of
the total portfolio value.
The fund focuses on investments in the United States as
60.0% 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
56% of the total holdings value.
On the other hand, small-cap stocks make up only 2.7% of the portfolio.
The average market cap of the portfolio companies is close to $185 billion.
The complete list of 1858 Wealth Management trades based on 13F SEC filings
These positions were updated on July 18th 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 |
0.99%
15,261
|
$6,820,904,000 | 5.67% |
| Apple Inc |
12.41%
31,270
|
$6,586,087,000 | 5.48% |
| NVIDIA Corp |
737.18%
38,351
|
$4,737,883,000 | 3.94% |
| Ametek Inc |
0.06%
22,869
|
$3,812,491,000 | 3.17% |
| Meta Platforms Inc |
0.25%
7,228
|
$3,644,502,000 | 3.03% |
| CME Group Inc |
No change
18,300
|
$3,597,780,000 | 2.99% |
| Amazon.com Inc. |
21.41%
16,610
|
$3,209,883,000 | 2.67% |
| Palo Alto Networks Inc |
0.99%
8,918
|
$3,023,291,000 | 2.52% |
| Alphabet Inc |
3.65%
20,545
|
$3,762,131,000 | 3.13% |
| Ishares Tr |
0.86%
371,317
|
$8,244,094,000 | 6.86% |
| Berkshire Hathaway Inc. |
16.13%
6,487
|
$2,638,912,000 | 2.20% |
| Uber Technologies Inc |
19.40%
31,206
|
$2,268,052,000 | 1.89% |
| Merck Co Inc |
13.33%
17,836
|
$2,208,097,000 | 1.84% |
| Cadence Design System Inc |
148.12%
6,585
|
$2,026,534,000 | 1.69% |
| Pacer Fds Tr |
2.27%
118,228
|
$4,767,282,000 | 3.97% |
| Crowdstrike Holdings Inc |
3.64%
4,798
|
$1,838,551,000 | 1.53% |
| Intuitive Surgical Inc |
24.15%
4,072
|
$1,811,429,000 | 1.51% |
| Vertiv Holdings Co |
26.43%
20,875
|
$1,807,149,000 | 1.50% |
| ServiceNow Inc |
0.91%
2,275
|
$1,789,674,000 | 1.49% |
| Ge Vernova Inc |
Opened
10,239
|
$1,756,091,000 | 1.46% |
| Arista Networks Inc |
Opened
4,635
|
$1,624,475,000 | 1.35% |
| Adobe Inc |
14.41%
2,914
|
$1,618,844,000 | 1.35% |
| Visa Inc |
20.41%
5,805
|
$1,523,638,000 | 1.27% |
| Automatic Data Processing In |
0.39%
6,232
|
$1,487,516,000 | 1.24% |
| Super Micro Computer Inc |
Opened
1,756
|
$1,438,779,000 | 1.20% |
| Tesla Inc |
Closed
5,739
|
$1,426,027,000 | |
| Grainger W W Inc |
184.96%
1,573
|
$1,419,224,000 | 1.18% |
| Netflix Inc. |
189.07%
2,090
|
$1,410,499,000 | 1.17% |
| Vertex Pharmaceuticals, Inc. |
8.65%
2,662
|
$1,247,733,000 | 1.04% |
| GE Aerospace |
7.65%
7,698
|
$1,223,751,000 | 1.02% |
| Wisdomtree Tr |
Closed
36,717
|
$1,181,553,000 | |
| Caterpillar Inc. |
7.86%
3,223
|
$1,073,581,000 | 0.89% |
| Toyota Motor Corporation |
50.68%
5,111
|
$1,047,602,000 | 0.87% |
| Eog Res Inc |
12.66%
7,664
|
$964,668,000 | 0.80% |
| First Tr Exchange Traded Fd |
6.30%
23,756
|
$1,651,283,000 | 1.37% |
| General Dynamics Corp. |
5.73%
3,157
|
$915,972,000 | 0.76% |
| Ishares Tr |
Closed
8,802
|
$882,577,000 | |
| PayPal Holdings Inc |
Closed
13,981
|
$858,573,000 | |
| Carrier Global Corporation |
1.55%
13,543
|
$854,292,000 | 0.71% |
| Cisco Sys Inc |
6.43%
17,956
|
$853,090,000 | 0.71% |
| nVent Electric plc |
Opened
11,058
|
$847,153,000 | 0.70% |
| RTX Corp |
4.11%
8,174
|
$820,588,000 | 0.68% |
| Advanced Micro Devices Inc. |
27.32%
5,024
|
$814,943,000 | 0.68% |
| Occidental Pete Corp |
22.14%
12,700
|
$800,481,000 | 0.67% |
| Northrop Grumman Corp. |
3.74%
1,831
|
$798,224,000 | 0.66% |
| Broadcom Inc. |
79.49%
490
|
$786,710,000 | 0.65% |
| VanEck ETF Trust |
1.83%
15,465
|
$785,622,000 | 0.65% |
| Gilead Sciences, Inc. |
Closed
9,310
|
$754,203,000 | |
| Jpmorgan Chase Co. |
35.55%
3,645
|
$737,238,000 | 0.61% |
| Abbvie Inc |
2.34%
4,291
|
$735,992,000 | 0.61% |
| Spdr Ser Tr |
13.38%
14,722
|
$733,597,000 | 0.61% |
| AeroVironment Inc. |
Closed
5,761
|
$726,116,000 | |
| Home Depot, Inc. |
0.47%
2,102
|
$723,592,000 | 0.60% |
| Abbott Labs |
0.55%
6,429
|
$668,037,000 | 0.56% |
| Equinor ASA |
Closed
20,804
|
$658,239,000 | |
| Workday Inc |
50.98%
2,900
|
$648,324,000 | 0.54% |
| NextEra Energy Inc |
13.30%
9,023
|
$638,919,000 | 0.53% |
| Boeing Co. |
179.59%
3,425
|
$623,384,000 | 0.52% |
| Micron Technology Inc. |
Opened
4,669
|
$614,114,000 | 0.51% |
| Quanta Svcs Inc |
Opened
2,385
|
$606,005,000 | 0.50% |
| American Express Co. |
11.51%
2,546
|
$589,526,000 | 0.49% |
| Exxon Mobil Corp. |
54.66%
4,833
|
$556,375,000 | 0.46% |
| Global X Fds |
131.50%
14,457
|
$535,198,000 | 0.45% |
| General Mls Inc |
0.96%
8,024
|
$507,598,000 | 0.42% |
| Johnson Ctls Intl Plc |
70.56%
7,073
|
$470,142,000 | 0.39% |
| Coca-Cola Co |
0.08%
7,192
|
$457,771,000 | 0.38% |
| Procter And Gamble Co |
21.02%
2,701
|
$445,449,000 | 0.37% |
| Qualcomm, Inc. |
39.60%
2,228
|
$443,773,000 | 0.37% |
| Target Corp |
10.50%
2,950
|
$436,718,000 | 0.36% |
| T-Mobile US Inc |
1.56%
2,395
|
$421,951,000 | 0.35% |
| Halliburton Co. |
Closed
11,560
|
$417,894,000 | |
| Fifth Third Bancorp |
No change
11,225
|
$409,600,000 | 0.34% |
| Starbucks Corp. |
Closed
4,006
|
$384,616,000 | |
| Eaton Corp Plc |
Opened
1,220
|
$382,531,000 | 0.32% |
| Oracle Corp. |
23.27%
2,655
|
$374,886,000 | 0.31% |
| Broadridge Finl Solutions In |
0.60%
1,846
|
$363,662,000 | 0.30% |
| Baker Hughes Company |
Closed
10,455
|
$357,352,000 | |
| CSX Corp. |
Closed
10,260
|
$355,714,000 | |
| Proshares Tr |
No change
8,220
|
$355,351,000 | 0.30% |
| Lululemon Athletica inc. |
Closed
634
|
$324,158,000 | |
| Intel Corp. |
Closed
5,931
|
$298,033,000 | |
| Applied Matls Inc |
Opened
1,259
|
$297,111,000 | 0.25% |
| Pulte Group Inc |
15.37%
2,682
|
$295,288,000 | 0.25% |
| Kimberly-Clark Corp. |
19.16%
2,127
|
$293,951,000 | 0.24% |
| Eli Lilly Co |
Opened
324
|
$293,343,000 | 0.24% |
| Unitedhealth Group Inc |
9.89%
574
|
$292,315,000 | 0.24% |
| Bank New York Mellon Corp |
4.02%
4,866
|
$291,425,000 | 0.24% |
| DoorDash Inc |
Opened
2,624
|
$285,439,000 | 0.24% |
| Cencora Inc. |
10.66%
1,266
|
$285,230,000 | 0.24% |
| Conocophillips |
Closed
2,448
|
$284,139,000 | |
| Verisk Analytics Inc |
2.00%
1,028
|
$277,097,000 | 0.23% |
| Lam Research Corp. |
6.62%
254
|
$270,472,000 | 0.23% |
| Cheniere Energy Inc. |
70.44%
1,546
|
$270,287,000 | 0.22% |
| Lincoln Elec Hldgs Inc |
Closed
1,223
|
$265,954,000 | |
| Synopsys, Inc. |
Opened
443
|
$263,612,000 | 0.22% |
| Tapestry Inc |
20.15%
6,068
|
$259,650,000 | 0.22% |
| Elevance Health Inc |
0.21%
478
|
$259,009,000 | 0.22% |
| Bristol-Myers Squibb Co. |
33.13%
6,200
|
$257,486,000 | 0.21% |
| Lowes Cos Inc |
9.41%
1,163
|
$256,395,000 | 0.21% |
| Accenture Plc Ireland |
16.63%
832
|
$252,437,000 | 0.21% |
| Citigroup Inc |
Opened
3,968
|
$251,809,000 | 0.21% |
| Reinsurance Grp Of America I |
9.39%
1,225
|
$251,456,000 | 0.21% |
| Tjx Cos Inc New |
Opened
2,266
|
$249,487,000 | 0.21% |
| Comcast Corp New |
Closed
5,669
|
$248,586,000 | |
| Johnson Johnson |
Closed
1,579
|
$247,492,000 | |
| Microchip Technology, Inc. |
Closed
2,717
|
$245,019,000 | |
| Wells Fargo Co New |
Closed
4,963
|
$244,279,000 | |
| Webster Finl Corp |
Closed
4,801
|
$243,699,000 | |
| VanEck ETF Trust |
Closed
780
|
$241,426,000 | |
| Skyworks Solutions, Inc. |
Opened
2,264
|
$241,297,000 | 0.20% |
| Mcdonalds Corp |
45.97%
939
|
$239,295,000 | 0.20% |
| Invesco Exchange Traded Fd T |
No change
2,295
|
$238,451,000 | 0.20% |
| Schwab Charles Corp |
9.03%
3,233
|
$238,240,000 | 0.20% |
| Waste Connections Inc |
No change
1,351
|
$236,911,000 | 0.20% |
| Delta Air Lines, Inc. |
Opened
4,976
|
$236,061,000 | 0.20% |
| Salesforce Inc |
13.90%
917
|
$235,761,000 | 0.20% |
| Prologis Inc |
0.10%
2,034
|
$228,439,000 | 0.19% |
| Boston Scientific Corp. |
Opened
2,951
|
$227,257,000 | 0.19% |
| Iron Mtn Inc Del |
Opened
2,532
|
$226,918,000 | 0.19% |
| Aflac Inc. |
Closed
2,750
|
$226,875,000 | |
| Deere Co |
Closed
566
|
$226,326,000 | |
| Sysco Corp. |
5.29%
3,167
|
$226,092,000 | 0.19% |
| Fiserv, Inc. |
5.98%
1,510
|
$225,050,000 | 0.19% |
| Regal Rexnord Corporation |
Closed
1,492
|
$220,846,000 | |
| Howmet Aerospace Inc. |
Opened
2,821
|
$218,994,000 | 0.18% |
| Chevron Corp. |
0.43%
1,395
|
$218,206,000 | 0.18% |
| Emerson Elec Co |
Opened
1,956
|
$215,473,000 | 0.18% |
| Clean Harbors, Inc. |
Opened
941
|
$212,807,000 | 0.18% |
| Lennox International Inc |
Opened
397
|
$212,387,000 | 0.18% |
| Hannon Armstrong Sust Infr C |
Opened
7,012
|
$207,555,000 | 0.17% |
| TE Connectivity Ltd |
Closed
1,468
|
$206,254,000 | |
| Firstenergy Corp. |
Opened
5,383
|
$206,007,000 | 0.17% |
| CVS Health Corp |
Closed
2,605
|
$205,691,000 | |
| Interpublic Group Cos Inc |
Closed
6,300
|
$205,632,000 | |
| Fedex Corp |
41.81%
682
|
$204,491,000 | 0.17% |
| IQVIA Holdings Inc |
Opened
960
|
$202,982,000 | 0.17% |
| Linde Plc. |
9.78%
461
|
$202,291,000 | 0.17% |
| Pool Corporation |
Closed
507
|
$202,146,000 | |
| Lamb Weston Holdings Inc |
Closed
1,868
|
$201,912,000 | |
| No transactions found | |||
| Showing first 500 out of 139 holdings | |||
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