Grand Wealth Management 13F annual report
Grand Wealth Management is an investment fund managing more than $168 billion ran by Janelle Anderson. There are currently 14 companies in Mrs. Anderson’s portfolio. The largest investments include Dimensional Etf Trust and American Centy Etf Tr, together worth $136 billion.
$168 billion Assets Under Management (AUM)
As of 1st August 2024, Grand Wealth Management’s top holding is 3,329,698 shares of Dimensional Etf Trust currently worth over $101 billion and making up 60.3% of the portfolio value.
In addition, the fund holds 518,054 shares of American Centy Etf Tr worth $34.4 billion.
The third-largest holding is Ishares Tr worth $17.2 billion and the next is Ishares Inc worth $4.03 billion, with 75,377 shares owned.
Currently, Grand Wealth Management's portfolio is worth at least $168 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 Grand Wealth Management
The Grand Wealth Management office and employees reside in Grand Rapids, Michigan. According to the last 13-F report filed with the SEC, Janelle Anderson serves as the Chief Compliance Officer at Grand Wealth Management.
Recent trades
In the most recent 13F filing, Grand Wealth Management revealed that it had opened a new position in
American Centy Etf Tr and bought 934 shares worth $43.1 million.
The investment fund also strengthened its position in Vanguard Malvern Fds by buying
1,800 additional shares.
This makes their stake in Vanguard Malvern Fds total 30,783 shares worth $2.17 billion.
On the other hand, there are companies that Grand Wealth Management is getting rid of from its portfolio.
Grand Wealth Management closed its position in Dimensional Etf Trust on 8th August 2024.
It sold the previously owned 15,039 shares for $919 million.
Janelle Anderson also disclosed a decreased stake in Dimensional Etf Trust by 0.2%.
This leaves the value of the investment at $101 billion and 3,329,698 shares.
One of the smallest hedge funds
The two most similar investment funds to Grand Wealth Management are Lumature Wealth Partners and Worth Asset Management. They manage $168 billion and $168 billion respectively.
Janelle Anderson investment strategy
Grand Wealth Management’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 0.4% of
the total portfolio value.
The fund focuses on investments in the United States as
14.3% 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
7% of the total holdings value.
On the other hand, small-cap stocks make up only 7.1% of the portfolio.
The average market cap of the portfolio companies is close to $625 billion.
The complete list of Grand Wealth Management trades based on 13F SEC filings
These positions were updated on August 8th 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 |
17.02%
3,329,698
|
$101,468,394,000 | 60.32% |
| American Centy Etf Tr |
23.50%
518,054
|
$34,379,606,000 | 20.44% |
| Ishares Tr |
29.22%
242,276
|
$17,241,993,000 | 10.25% |
| Ishares Inc |
7.77%
75,377
|
$4,033,931,000 | 2.40% |
| Vanguard Scottsdale Fds |
22.32%
46,731
|
$3,611,117,000 | 2.15% |
| Vanguard Mun Bd Fds |
21.28%
45,693
|
$2,289,676,000 | 1.36% |
| Vanguard Malvern Fds |
6.21%
30,783
|
$2,168,812,000 | 1.29% |
| Vanguard Index Fds |
4.42%
6,855
|
$1,651,353,000 | 0.98% |
| Dimensional Etf Trust |
Closed
15,039
|
$918,672,000 | |
| American Centy Etf Tr |
Closed
15,840
|
$734,743,000 | |
| Microsoft Corporation |
48.04%
1,429
|
$638,692,000 | 0.38% |
| Vanguard World Fd |
Closed
6,061
|
$371,865,000 | |
| Berkshire Hathaway Inc. |
Closed
707
|
$297,308,000 | |
| Fidelity Covington Trust |
32.02%
10,158
|
$257,392,000 | 0.15% |
| Cencora Inc. |
No change
1,000
|
$225,300,000 | 0.13% |
| Eaton Corp Plc |
No change
660
|
$206,943,000 | 0.12% |
| Spdr Ser Tr |
Closed
4,502
|
$280,117,000 | |
| Ishares Tr |
Closed
995
|
$83,905,000 | |
| American Centy Etf Tr |
Opened
934
|
$43,094,000 | 0.03% |
| Yield10 Bioscience Inc |
Closed
12,159
|
$12,159,000 | |
| Zomedica Corp |
No change
10,000
|
$1,462,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||
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