Penobscot Wealth Management 13F annual report
Penobscot Wealth Management is an investment fund managing more than $168 million ran by Hannah Tackett. There are currently 39 companies in Mrs. Tackett’s portfolio. The largest investments include Spdr Ser Tr and Vanguard Tax-managed Fds, together worth $74.8 million.
$168 million Assets Under Management (AUM)
As of 22nd July 2024, Penobscot Wealth Management’s top holding is 766,733 shares of Spdr Ser Tr currently worth over $46.9 million and making up 27.9% of the portfolio value.
In addition, the fund holds 554,184 shares of Vanguard Tax-managed Fds worth $28 million.
The third-largest holding is Ishares Tr worth $21.3 million and the next is Vanguard World Fd worth $15.3 million, with 62,909 shares owned.
Currently, Penobscot Wealth Management's portfolio is worth at least $168 million. 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 Penobscot Wealth Management
The Penobscot Wealth Management office and employees reside in Portland, Maine. According to the last 13-F report filed with the SEC, Hannah Tackett serves as the Chief Compliance Officer at Penobscot Wealth Management.
Recent trades
In the most recent 13F filing, Penobscot Wealth Management revealed that it had opened a new position in
Dimensional Etf Trust and bought 32,168 shares worth $1.13 million.
The investment fund also strengthened its position in Spdr Ser Tr by buying
41,721 additional shares.
This makes their stake in Spdr Ser Tr total 766,733 shares worth $46.9 million.
On the other hand, there are companies that Penobscot Wealth Management is getting rid of from its portfolio.
Penobscot Wealth Management closed its position in Schwab Strategic Tr on 29th July 2024.
It sold the previously owned 8,342 shares for $697 thousand.
Hannah Tackett also disclosed a decreased stake in Apple Inc by 0.1%.
This leaves the value of the investment at $2.73 million and 12,038 shares.
One of the smallest hedge funds
The two most similar investment funds to Penobscot Wealth Management are Vector Capital and Hc Financial Advisors Inc. They manage $168 million and $168 million respectively.
Hannah Tackett investment strategy
Penobscot Wealth Management’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Miscellaneous — making up 2.2% of
the total portfolio value.
The fund focuses on investments in the United States as
30.8% 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
26% of the total holdings value.
On the other hand, small-cap stocks make up only 5.1% of the portfolio.
The average market cap of the portfolio companies is close to $508 billion.
The complete list of Penobscot Wealth Management trades based on 13F SEC filings
These positions were updated on July 29th 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 |
|---|---|---|---|
| Spdr Ser Tr |
5.75%
766,733
|
$46,856,000 | 27.89% |
| Vanguard Tax-managed Fds |
2.31%
554,184
|
$27,975,000 | 16.65% |
| Ishares Tr |
5.70%
456,994
|
$21,341,000 | 12.70% |
| Vanguard World Fd |
6.03%
62,909
|
$15,294,000 | 9.10% |
| Vanguard Intl Equity Index F |
3.25%
143,420
|
$6,479,000 | 3.86% |
| Dimensional Etf Trust |
8.06%
342,776
|
$11,661,000 | 6.94% |
| Invesco Exchange Traded Fd T |
6.83%
54,525
|
$4,432,000 | 2.64% |
| Pacer Fds Tr |
4.00%
102,145
|
$5,055,000 | 3.01% |
| Apple Inc |
10.78%
12,038
|
$2,725,000 | 1.62% |
| Fidelity Covington Trust |
7.71%
55,790
|
$3,767,000 | 2.24% |
| Vanguard Index Fds |
0.03%
24,535
|
$4,938,000 | 2.94% |
| Vanguard Bd Index Fds |
12.42%
25,936
|
$1,878,000 | 1.12% |
| Idexx Labs Inc |
0.18%
3,795
|
$1,844,000 | 1.10% |
| Ishares Inc |
16.40%
22,521
|
$1,576,000 | 0.94% |
| Microsoft Corporation |
15.61%
2,579
|
$1,206,000 | 0.72% |
| Dimensional Etf Trust |
Opened
32,168
|
$1,134,000 | 0.68% |
| Select Sector Spdr Tr |
3.29%
34,340
|
$2,615,000 | 1.56% |
| Unitedhealth Group Inc |
0.82%
1,223
|
$597,000 | 0.36% |
| Spdr Index Shs Fds |
3.73%
14,688
|
$564,000 | 0.34% |
| Vanguard Star Fds |
0.99%
8,706
|
$537,000 | 0.32% |
| Amazon.com Inc. |
2.30%
2,673
|
$535,000 | 0.32% |
| Eaton Corp Plc |
27.31%
1,480
|
$470,000 | 0.28% |
| Procter And Gamble Co |
1.08%
2,741
|
$453,000 | 0.27% |
| Schwab Strategic Tr |
Closed
8,342
|
$697,000 | |
| Nushares Etf Tr |
Closed
9,019
|
$350,000 | |
| Spdr Gold Tr |
0.34%
1,484
|
$328,000 | 0.20% |
| Vanguard Mun Bd Fds |
6.81%
6,492
|
$326,000 | 0.19% |
| Caterpillar Inc. |
Closed
879
|
$322,000 | |
| Merck & Co Inc |
0.75%
2,524
|
$319,000 | 0.19% |
| NVIDIA Corp |
874.38%
2,358
|
$297,000 | 0.18% |
| Costco Whsl Corp New |
1.83%
334
|
$296,000 | 0.18% |
| First Solar Inc |
No change
1,320
|
$293,000 | 0.17% |
| Vanguard Charlotte Fds |
7.10%
5,689
|
$277,000 | 0.16% |
| Micron Technology Inc. |
37.95%
1,895
|
$249,000 | 0.15% |
| Ishares Tr |
Opened
1,189
|
$239,000 | 0.14% |
| Alphabet Inc |
Opened
1,226
|
$234,000 | 0.14% |
| Thermo Fisher Scientific Inc. |
1.73%
412
|
$223,000 | 0.13% |
| Vanguard Whitehall Fds |
0.68%
2,528
|
$208,000 | 0.12% |
| JPMorgan Chase & Co. |
6.25%
1,005
|
$206,000 | 0.12% |
| Nushares Etf Tr |
Opened
7,033
|
$204,000 | 0.12% |
| Pepsico Inc |
1.07%
1,224
|
$201,000 | 0.12% |
| Fidelity Covington Trust |
Closed
4,733
|
$201,000 | |
| Johnson & Johnson |
Closed
1,264
|
$200,000 | |
| Smith & Wesson Brands, Inc. |
No change
11,723
|
$164,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 44 holdings | |||
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