Us Financial Advisors 13F annual report

Us Financial Advisors is an investment fund managing more than $289 billion ran by Michael Hornung. There are currently 44 companies in Mr. Hornung’s portfolio. The largest investments include Ishares Tr and Vanguard Index Fds, together worth $161 billion.

$289 billion Assets Under Management (AUM)

As of 6th May 2024, Us Financial Advisors’s top holding is 1,114,493 shares of Ishares Tr currently worth over $134 billion and making up 46.4% of the portfolio value. In addition, the fund holds 115,152 shares of Vanguard Index Fds worth $26.9 billion. The third-largest holding is VanEck ETF Trust worth $17 billion and the next is Spdr Sp 500 Etf Tr worth $10.8 billion, with 20,558 shares owned.

Currently, Us Financial Advisors's portfolio is worth at least $289 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 Us Financial Advisors

The Us Financial Advisors office and employees reside in Braintree, Massachusetts. According to the last 13-F report filed with the SEC, Michael Hornung serves as the Chief Compliance Officer at Us Financial Advisors.

Recent trades

In the most recent 13F filing, Us Financial Advisors revealed that it had opened a new position in Ishares Tr and bought 111,826 shares worth $8.24 billion.

The investment fund also strengthened its position in Ishares Tr by buying 153,409 additional shares. This makes their stake in Ishares Tr total 1,114,493 shares worth $134 billion.

On the other hand, there are companies that Us Financial Advisors is getting rid of from its portfolio. Us Financial Advisors closed its position in Vanguard Whitehall Fds on 13th May 2024. It sold the previously owned 7,892 shares for $833 million. Michael Hornung also disclosed a decreased stake in Spdr Sp 500 Etf Tr by approximately 0.1%. This leaves the value of the investment at $10.8 billion and 20,558 shares.

One of the smaller hedge funds

The two most similar investment funds to Us Financial Advisors are Axs Investments and Mka Charitable Fund. They manage $289 billion and $289 billion respectively.


Michael Hornung investment strategy

Us Financial Advisors’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Miscellaneous — making up 5.9% of the total portfolio value. The fund focuses on investments in the United States as 34.1% 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 32% of the total holdings value. On the other hand, small-cap stocks make up only 4.5% of the portfolio. The average market cap of the portfolio companies is close to $485 billion.

The complete list of Us Financial Advisors trades based on 13F SEC filings

These positions were updated on May 13th 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
15.96%
1,114,493
$133,885,814,000 46.36%
Vanguard Index Fds
12.24%
115,152
$26,940,729,000 9.33%
VanEck ETF Trust
13.14%
283,180
$17,025,055,000 5.90%
Spdr Sp 500 Etf Tr
2.26%
20,558
$10,753,325,000 3.72%
First Tr Exchange-traded Fd
17.90%
189,247
$10,630,031,000 3.68%
Spdr Ser Tr
23.40%
507,256
$20,946,099,000 7.25%
Vanguard Scottsdale Fds
31.29%
227,738
$20,668,483,000 7.16%
Ishares Tr
Opened
111,826
$8,240,043,000 2.85%
Thermo Fisher Scientific Inc.
18.88%
7,289
$4,236,440,000 1.47%
Vanguard Tax-managed Fds
9.75%
70,665
$3,545,254,000 1.23%
Spdr Ser Tr
Opened
113,794
$3,457,280,000 1.20%
Apple Inc
4.61%
15,056
$2,581,802,000 0.89%
Wisdomtree Tr
169.95%
56,763
$2,832,979,000 0.98%
Vanguard Scottsdale Fds
Opened
49,103
$2,377,797,000 0.82%
Microsoft Corporation
30.27%
4,947
$2,081,303,000 0.72%
Ishares Inc
15.38%
53,662
$2,385,421,000 0.83%
Sachem Cap Corp
64.20%
372,561
$1,661,623,000 0.58%
Vanguard World Fd
14.53%
17,092
$1,592,801,000 0.55%
Vanguard Charlotte Fds
43.56%
28,679
$1,410,722,000 0.49%
Global X Fds
6.05%
33,178
$1,201,709,000 0.42%
Ssga Active Etf Tr
22.92%
27,452
$1,156,021,000 0.40%
Nushares Etf Tr
14.34%
62,216
$2,370,180,000 0.82%
Vanguard Whitehall Fds
Closed
7,892
$832,573,000
Vanguard Bd Index Fds
Closed
7,868
$580,895,000
Select Sector Spdr Tr
17.21%
3,875
$572,450,000 0.20%
NVIDIA Corp
Opened
626
$565,628,000 0.20%
Johnson Johnson
18.59%
2,961
$468,401,000 0.16%
Ishares Tr
Closed
5,716
$684,688,000
Spdr Sp Midcap 400 Etf Tr
No change
725
$403,390,000 0.14%
Exxon Mobil Corp.
8.13%
3,074
$357,369,000 0.12%
RTX Corp
34.31%
3,553
$346,523,000 0.12%
Invesco Exchange Traded Fd T
11.79%
4,816
$320,600,000 0.11%
Vanguard Index Fds
Opened
919
$316,322,000 0.11%
Spdr Ser Tr
Closed
10,534
$506,984,000
Proshares Tr
5.77%
2,905
$294,614,000 0.10%
Vanguard Malvern Fds
86.22%
6,088
$291,554,000 0.10%
Vanguard World Fds
Closed
750
$289,102,000
Northrop Grumman Corp.
No change
596
$285,281,000 0.10%
Alphabet Inc
Opened
1,823
$275,146,000 0.10%
Procter And Gamble Co
0.66%
1,672
$271,217,000 0.09%
Bank America Corp
Closed
9,238
$264,206,000
Carrier Global Corporation
Opened
4,228
$245,773,000 0.09%
Royalty Pharma plc
65.65%
7,815
$237,342,000 0.08%
Broadcom Inc.
Opened
176
$233,272,000 0.08%
Meta Platforms Inc
Opened
477
$231,633,000 0.08%
New England Rlty Assoc Ltd P
No change
3,122
$224,472,000 0.08%
Berkshire Hathaway Inc.
Opened
510
$214,467,000 0.07%
Sherwin-Williams Co.
Opened
615
$213,608,000 0.07%
Schwab Strategic Tr
Opened
3,476
$212,210,000 0.07%
Otis Worldwide Corporation
Opened
2,094
$207,872,000 0.07%
No transactions found
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