Sterling Wealth Management 13F annual report

Sterling Wealth Management is an investment fund managing more than $174 billion ran by C. Salembier. There are currently 44 companies in Salembier’s portfolio. The largest investments include Spdr Ser Tr and Invesco Exchange Traded Fd T, together worth $95.5 billion.

Limited to 30 biggest holdings

$174 billion Assets Under Management (AUM)

As of 8th July 2024, Sterling Wealth Management’s top holding is 1,237,920 shares of Spdr Ser Tr currently worth over $72.1 billion and making up 41.4% of the portfolio value. In addition, the fund holds 368,579 shares of Invesco Exchange Traded Fd T worth $23.4 billion. The third-largest holding is Vanguard Tax-managed Fds worth $10.3 billion and the next is Ishares Tr worth $21.4 billion, with 258,364 shares owned.

Currently, Sterling Wealth Management's portfolio is worth at least $174 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 Sterling Wealth Management

The Sterling Wealth Management office and employees reside in Pasadena, California. According to the last 13-F report filed with the SEC, C. Salembier serves as the Financial Advisor & Principal at Sterling Wealth Management.

Recent trades

In the most recent 13F filing, Sterling Wealth Management revealed that it had opened a new position in Spdr Ser Tr and bought 1,237,920 shares worth $72.1 billion.

The investment fund also strengthened its position in Invesco Exchange Traded Fd T by buying 364,812 additional shares. This makes their stake in Invesco Exchange Traded Fd T total 368,579 shares worth $23.4 billion.

On the other hand, C. Salembier disclosed a decreased stake in Vanguard Intl Equity Index F by approximately 0.1%. This leaves the value of the investment at $269 million and 4,591 shares.

One of the smallest hedge funds

The two most similar investment funds to Sterling Wealth Management are Robbins Farley and Peak Financial Advisors. They manage $174 billion and $174 billion respectively.


C. Salembier investment strategy

Sterling Wealth Management’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 5.5% of the total portfolio value. The fund focuses on investments in the United States as 36.4% 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 34% 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 $589 billion.

The complete list of Sterling Wealth Management trades based on 13F SEC filings

These positions were updated on July 15th 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
Opened
1,237,920
$72,069,165,000 41.37%
Invesco Exchange Traded Fd T
9,684.42%
368,579
$23,419,500,000 13.44%
Vanguard Tax-managed Fds
Opened
208,028
$10,280,752,000 5.90%
Ishares Tr
Opened
258,364
$21,441,954,000 12.31%
Apple Inc
Opened
36,855
$7,762,336,000 4.46%
Workday Inc
Opened
20,940
$4,681,346,000 2.69%
Vanguard Index Fds
Opened
32,274
$5,552,816,000 3.19%
Spdr Index Shs Fds
Opened
149,409
$4,229,776,000 2.43%
Vanguard Index Fds
197.06%
6,874
$3,437,894,000 1.97%
Microsoft Corporation
Opened
5,492
$2,454,866,000 1.41%
Lpl Finl Hldgs Inc
Opened
6,629
$1,851,480,000 1.06%
Fs Kkr Cap Corp
Opened
75,368
$1,487,004,000 0.85%
Amazon.com Inc.
Opened
6,843
$1,322,410,000 0.76%
Berkshire Hathaway Inc.
Opened
607
$1,470,596,000 0.84%
Schwab Strategic Tr
Opened
17,455
$1,097,422,000 0.63%
Universal Hlth Svcs Inc
Opened
4,957
$916,698,000 0.53%
Alphabet Inc
Opened
7,880
$1,440,951,000 0.83%
Jpmorgan Chase Co.
Opened
3,978
$804,653,000 0.46%
Avery Dennison Corp.
Opened
2,969
$649,172,000 0.37%
AMGEN Inc.
Opened
1,835
$573,346,000 0.33%
Chevron Corp.
Opened
3,653
$571,333,000 0.33%
Nuveen California Muni Vlu F
Opened
53,993
$468,119,000 0.27%
Visa Inc
Opened
1,629
$427,532,000 0.25%
Vanguard World Fd
Opened
7,425
$425,255,000 0.24%
Mcdonalds Corp
Opened
1,414
$360,336,000 0.21%
Marsh Mclennan Cos Inc
Opened
1,575
$331,884,000 0.19%
Pepsico Inc
Opened
1,984
$327,270,000 0.19%
NVIDIA Corp
Opened
2,551
$315,160,000 0.18%
Tesla Inc
Opened
1,568
$310,276,000 0.18%
Unitedhealth Group Inc
Opened
604
$307,593,000 0.18%
Johnson Johnson
Opened
2,021
$295,359,000 0.17%
Lowes Cos Inc
Opened
1,317
$290,346,000 0.17%
Meta Platforms Inc
Opened
574
$289,422,000 0.17%
Vanguard Intl Equity Index F
6.69%
4,591
$269,216,000 0.15%
J P Morgan Exchange Traded F
Opened
5,078
$268,880,000 0.15%
Costco Whsl Corp New
Opened
304
$258,397,000 0.15%
Select Sector Spdr Tr
Opened
1,128
$255,187,000 0.15%
Home Depot, Inc.
Opened
730
$251,401,000 0.14%
Vanguard Admiral Fds Inc
Opened
1,296
$227,742,000 0.13%
Moog Inc.
Opened
1,370
$226,735,000 0.13%
Spdr Sp 500 Etf Tr
Opened
403
$219,400,000 0.13%
Pacer Fds Tr
Opened
5,646
$213,532,000 0.12%
Walmart Inc
Opened
3,057
$206,989,000 0.12%
V F Corp
Opened
10,000
$135,000,000 0.08%
No transactions found
Showing first 500 out of 44 holdings