Sanchez Wealth Management 13F annual report
Sanchez Wealth Management is an investment fund managing more than $291 billion ran by Christen Sanchez. There are currently 29 companies in Mr. Sanchez’s portfolio. The largest investments include Ishares Tr and John Hancock Exchange Traded, together worth $99.8 billion.
$291 billion Assets Under Management (AUM)
As of 10th July 2024, Sanchez Wealth Management’s top holding is 188,159 shares of Ishares Tr currently worth over $63.3 billion and making up 21.7% of the portfolio value.
In addition, the fund holds 588,479 shares of John Hancock Exchange Traded worth $36.4 billion.
The third-largest holding is Wisdomtree Tr worth $45.5 billion and the next is Spdr Sp 500 Etf Tr worth $22.6 billion, with 41,466 shares owned.
Currently, Sanchez Wealth Management's portfolio is worth at least $291 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 Sanchez Wealth Management
The Sanchez Wealth Management office and employees reside in Jacksonville, Florida. According to the last 13-F report filed with the SEC, Christen Sanchez serves as the President at Sanchez Wealth Management.
Recent trades
In the most recent 13F filing, Sanchez Wealth Management revealed that it had opened a new position in
Lockheed Martin and bought 433 shares worth $202 million.
This means they effectively own approximately 0.1% of the company.
Lockheed Martin makes up
9.2%
of the fund's Industrials sector allocation and has decreased its share price by 1.3% in the past year.
The investment fund also strengthened its position in Ishares Tr by buying
3,591 additional shares.
This makes their stake in Ishares Tr total 188,159 shares worth $63.3 billion.
On the other hand, there are companies that Sanchez Wealth Management is getting rid of from its portfolio.
Sanchez Wealth Management closed its position in Boeing Co on 17th July 2024.
It sold the previously owned 2,430 shares for $469 million.
Christen Sanchez also disclosed a decreased stake in Wisdomtree Tr by approximately 0.1%.
This leaves the value of the investment at $45.5 billion and 741,622 shares.
One of the smaller hedge funds
The two most similar investment funds to Sanchez Wealth Management are Hilltop National Bank and Mclean Asset Management Corp. They manage $291 billion and $291 billion respectively.
Christen Sanchez investment strategy
Sanchez Wealth Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Industrials — making up 0.8% of
the total portfolio value.
The fund focuses on investments in the United States as
27.6% 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 approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $581 billion.
The complete list of Sanchez Wealth Management trades based on 13F SEC filings
These positions were updated on July 17th 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 |
|---|---|---|---|
| Ishares Tr |
1.95%
188,159
|
$63,329,533,000 | 21.73% |
| John Hancock Exchange Traded |
1.93%
588,479
|
$36,433,324,000 | 12.50% |
| Wisdomtree Tr |
3.50%
741,622
|
$45,523,990,000 | 15.62% |
| Spdr Sp 500 Etf Tr |
20.69%
41,466
|
$22,566,436,000 | 7.74% |
| Pimco Etf Tr |
2.22%
680,308
|
$17,443,078,000 | 5.99% |
| Pacer Fds Tr |
2.79%
441,810
|
$22,726,073,000 | 7.80% |
| J P Morgan Exchange Traded |
3.33%
258,643
|
$13,695,148,000 | 4.70% |
| First Tr Exchange-traded Fd |
1.93%
560,632
|
$22,489,781,000 | 7.72% |
| Spdr Index Shs Fds |
37.56%
297,194
|
$10,425,541,000 | 3.58% |
| Proshares Tr |
0.67%
93,488
|
$8,986,986,000 | 3.08% |
| First Tr Exchng Traded Fd Vi |
0.92%
204,356
|
$8,797,530,000 | 3.02% |
| Spdr Ser Tr |
10.14%
113,851
|
$8,335,973,000 | 2.86% |
| Bio-Techne Corp |
0.14%
21,476
|
$1,538,730,000 | 0.53% |
| Apple Inc |
0.33%
7,220
|
$1,520,703,000 | 0.52% |
| CSX Corp. |
4.49%
44,188
|
$1,478,082,000 | 0.51% |
| Abbott Labs |
0.52%
8,698
|
$903,821,000 | 0.31% |
| NVIDIA Corp |
900.00%
6,460
|
$798,113,000 | 0.27% |
| Invesco Exch Traded Fd Tr Ii |
4.53%
56,107
|
$648,036,000 | 0.22% |
| Caterpillar Inc. |
0.32%
1,554
|
$517,734,000 | 0.18% |
| Boeing Co. |
Closed
2,430
|
$468,973,000 | |
| Lpl Finl Hldgs Inc |
0.12%
1,649
|
$460,454,000 | 0.16% |
| Schwab Strategic Tr |
No change
5,276
|
$410,296,000 | 0.14% |
| Microsoft Corporation |
1.10%
915
|
$408,863,000 | 0.14% |
| Bristol-Myers Squibb Co. |
Closed
7,049
|
$382,268,000 | |
| Jpmorgan Chase Co. |
4.12%
1,745
|
$352,889,000 | 0.12% |
| Hershey Company |
No change
1,799
|
$330,730,000 | 0.11% |
| Automatic Data Processing In |
0.55%
1,285
|
$306,706,000 | 0.11% |
| Eaton Corp Plc |
0.54%
925
|
$290,131,000 | 0.10% |
| Johnson Johnson |
8.35%
1,635
|
$239,003,000 | 0.08% |
| Union Pac Corp |
No change
978
|
$221,226,000 | 0.08% |
| Lockheed Martin Corp. |
Opened
433
|
$202,249,000 | 0.07% |
| No transactions found | |||
| Showing first 500 out of 31 holdings | |||
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