Austin Wealth Management 13F annual report
Austin Wealth Management is an investment fund managing more than $427 billion ran by Derek Ripp. There are currently 68 companies in Mr. Ripp’s portfolio. The largest investments include Dimensional Etf Trust and Pimco Equity Ser, together worth $204 billion.
$427 billion Assets Under Management (AUM)
As of 24th July 2024, Austin Wealth Management’s top holding is 4,887,195 shares of Dimensional Etf Trust currently worth over $165 billion and making up 38.6% of the portfolio value.
In addition, the fund holds 1,043,789 shares of Pimco Equity Ser worth $39.1 billion.
The third-largest holding is Simplify Exchange Traded Fun worth $26.4 billion and the next is Ssga Active Etf Tr worth $12.7 billion, with 317,263 shares owned.
Currently, Austin Wealth Management's portfolio is worth at least $427 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 Austin Wealth Management
The Austin Wealth Management office and employees reside in Austin, Texas. According to the last 13-F report filed with the SEC, Derek Ripp serves as the CCO at Austin Wealth Management.
Recent trades
In the most recent 13F filing, Austin Wealth Management revealed that it had opened a new position in
Ishares Tr and bought 1,572 shares worth $331 million.
The investment fund also strengthened its position in Dimensional Etf Trust by buying
147,540 additional shares.
This makes their stake in Dimensional Etf Trust total 4,887,195 shares worth $165 billion.
On the other hand, there are companies that Austin Wealth Management is getting rid of from its portfolio.
Austin Wealth Management closed its position in Mcdonalds Corp on 31st July 2024.
It sold the previously owned 776 shares for $206 million.
Derek Ripp also disclosed a decreased stake in Spdr Ser Tr by approximately 0.1%.
This leaves the value of the investment at $37.4 billion and 637,284 shares.
One of the average hedge funds
The two most similar investment funds to Austin Wealth Management are Pasadena Private Wealth and Harber Asset Management. They manage $427 billion and $427 billion respectively.
Derek Ripp investment strategy
Austin Wealth Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.1% of
the total portfolio value.
The fund focuses on investments in the United States as
30.9% 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
28% of the total holdings value.
On the other hand, small-cap stocks make up only 4.4% of the portfolio.
The average market cap of the portfolio companies is close to $415 billion.
The complete list of Austin Wealth Management trades based on 13F SEC filings
These positions were updated on July 31st 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 |
3.11%
4,887,195
|
$164,799,779,000 | 38.63% |
| Pimco Equity Ser |
1.01%
1,043,789
|
$39,074,236,000 | 9.16% |
| Simplify Exchange Traded Fun |
2.93%
714,508
|
$26,374,680,000 | 6.18% |
| Ssga Active Etf Tr |
13.28%
317,263
|
$12,690,514,000 | 2.97% |
| Spdr Ser Tr |
1.16%
637,284
|
$37,392,325,000 | 8.76% |
| World Gold Tr |
3.03%
240,024
|
$11,485,131,000 | 2.69% |
| Ishares Tr |
1.88%
136,706
|
$14,979,930,000 | 3.51% |
| American Centy Etf Tr |
8.34%
413,616
|
$23,897,308,000 | 5.60% |
| Cambria Etf Tr |
0.01%
299,197
|
$8,603,442,000 | 2.02% |
| Litman Gregory Fds Tr |
9.78%
247,261
|
$7,457,407,000 | 1.75% |
| Flexshares Tr |
2.71%
244,428
|
$11,755,576,000 | 2.76% |
| Apple Inc |
2.84%
24,374
|
$5,546,805,000 | 1.30% |
| T Rowe Price Etf Inc |
1.02%
91,785
|
$4,549,314,000 | 1.07% |
| Schwab Strategic Tr |
2.55%
82,248
|
$4,712,190,000 | 1.10% |
| Vanguard Intl Equity Index F |
1.00%
37,740
|
$4,004,577,000 | 0.94% |
| Global X Fds |
0.40%
129,906
|
$4,540,544,000 | 1.06% |
| Wisdomtree Tr |
0.68%
71,581
|
$2,685,554,000 | 0.63% |
| Amazon.com Inc. |
0.32%
11,692
|
$2,280,525,000 | 0.53% |
| Vanguard Index Fds |
1.19%
34,083
|
$5,743,495,000 | 1.35% |
| Pimco Etf Tr |
1.87%
46,779
|
$2,938,865,000 | 0.69% |
| Spdr Gold Tr |
0.22%
7,545
|
$1,684,421,000 | 0.39% |
| NVIDIA Corp |
1,026.61%
13,125
|
$1,672,073,000 | 0.39% |
| Spdr Sp 500 Etf Tr |
37.25%
2,491
|
$1,386,192,000 | 0.32% |
| Vanguard World Fd |
No change
2,328
|
$1,385,569,000 | 0.32% |
| Alphabet Inc |
2.53%
12,769
|
$2,380,903,000 | 0.56% |
| Microsoft Corporation |
4.86%
2,469
|
$1,122,765,000 | 0.26% |
| VanEck ETF Trust |
10.57%
38,372
|
$1,066,142,000 | 0.25% |
| Texas Pacific Land Corporati |
No change
1,341
|
$1,052,833,000 | 0.25% |
| First Tr Exchange-traded Fd |
4.74%
4,746
|
$968,611,000 | 0.23% |
| Invesco Exchange Traded Fd T |
1.18%
43,901
|
$1,952,566,000 | 0.46% |
| Berkshire Hathaway Inc. |
0.65%
2,159
|
$904,146,000 | 0.21% |
| Spdr Index Shs Fds |
2.19%
59,761
|
$2,495,134,000 | 0.58% |
| Meta Platforms Inc |
1.95%
1,505
|
$771,436,000 | 0.18% |
| Exxon Mobil Corp. |
0.51%
6,714
|
$760,363,000 | 0.18% |
| Vanguard Bd Index Fds |
8.34%
9,239
|
$711,852,000 | 0.17% |
| Vanguard Tax-managed Fds |
7.45%
13,507
|
$688,738,000 | 0.16% |
| Costco Whsl Corp New |
8.41%
786
|
$665,352,000 | 0.16% |
| Enterprise Prods Partners L |
No change
22,718
|
$663,145,000 | 0.16% |
| Tesla Inc |
0.37%
2,440
|
$588,081,000 | 0.14% |
| Exchange Traded Concepts Tru |
4.51%
15,743
|
$543,291,000 | 0.13% |
| Dbx Etf Tr |
3.75%
20,420
|
$517,034,000 | 0.12% |
| Schlumberger Ltd. |
0.06%
9,291
|
$429,151,000 | 0.10% |
| Home Depot, Inc. |
1.28%
1,082
|
$382,950,000 | 0.09% |
| Invesco Exch Traded Fd Tr Ii |
4.78%
11,827
|
$590,472,000 | 0.14% |
| Chevron Corp. |
1.03%
2,343
|
$363,774,000 | 0.09% |
| KraneShares Trust |
0.23%
20,721
|
$338,167,000 | 0.08% |
| Ishares Tr |
Opened
1,572
|
$331,189,000 | 0.08% |
| Broadcom Inc |
0.52%
192
|
$327,542,000 | 0.08% |
| Texas Instrs Inc |
1.00%
1,591
|
$318,087,000 | 0.07% |
| American Express Co. |
0.40%
1,245
|
$297,244,000 | 0.07% |
| D.R. Horton Inc. |
No change
1,938
|
$290,177,000 | 0.07% |
| Procter And Gamble Co |
0.24%
1,684
|
$278,769,000 | 0.07% |
| NextEra Energy Inc |
0.44%
3,674
|
$274,448,000 | 0.06% |
| Automatic Data Processing In |
No change
1,162
|
$273,802,000 | 0.06% |
| Walmart Inc |
0.88%
3,918
|
$273,476,000 | 0.06% |
| Pgim Etf Tr |
Opened
7,467
|
$259,121,000 | 0.06% |
| Cisco Sys Inc |
0.20%
5,114
|
$239,145,000 | 0.06% |
| Disney Walt Co |
14.47%
2,328
|
$224,890,000 | 0.05% |
| General Dynamics Corp. |
0.13%
789
|
$224,194,000 | 0.05% |
| Johnson Johnson |
1.66%
1,477
|
$221,181,000 | 0.05% |
| Intel Corp. |
0.65%
6,532
|
$218,825,000 | 0.05% |
| Abbott Labs |
0.72%
2,071
|
$215,757,000 | 0.05% |
| Mcdonalds Corp |
Closed
776
|
$206,238,000 | |
| Accenture Plc Ireland |
No change
691
|
$205,911,000 | 0.05% |
| Vanguard Bd Index Fds |
Opened
2,681
|
$203,032,000 | 0.05% |
| Vanguard Scottsdale Fds |
Opened
3,433
|
$201,586,000 | 0.05% |
| Open Lending, LLC |
No change
15,550
|
$91,901,000 | 0.02% |
| Streamline Health Solutions, Inc |
No change
88,426
|
$43,682,000 | 0.01% |
| Genius Group Ltd |
No change
20,646
|
$4,976,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 69 holdings | |||
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