Retirement Financial Solutions 13F annual report
Retirement Financial Solutions is an investment fund managing more than $212 billion ran by Kendra Means. There are currently 26 companies in Mrs. Means’s portfolio. The largest investments include Spdr Ser Tr and Invesco Exch Traded Fd Tr Ii, together worth $94.2 billion.
$212 billion Assets Under Management (AUM)
As of 29th July 2024, Retirement Financial Solutions’s top holding is 1,263,621 shares of Spdr Ser Tr currently worth over $68.5 billion and making up 32.2% of the portfolio value.
In addition, the fund holds 240,487 shares of Invesco Exch Traded Fd Tr Ii worth $25.7 billion.
The third-largest holding is Vanguard Index Fds worth $39.4 billion and the next is Ishares Tr worth $51.5 billion, with 853,987 shares owned.
Currently, Retirement Financial Solutions's portfolio is worth at least $212 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 Retirement Financial Solutions
The Retirement Financial Solutions office and employees reside in Knoxville, Tennessee. According to the last 13-F report filed with the SEC, Kendra Means serves as the Consultant at Retirement Financial Solutions.
Recent trades
In the most recent 13F filing, Retirement Financial Solutions revealed that it had opened a new position in
NVIDIA Corp and bought 3,380 shares worth $418 million.
This means they effectively own approximately 0.1% of the company.
NVIDIA Corp makes up
47.0%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Spdr Ser Tr by buying
116,054 additional shares.
This makes their stake in Spdr Ser Tr total 1,263,621 shares worth $68.5 billion.
On the other hand, there are companies that Retirement Financial Solutions is getting rid of from its portfolio.
Retirement Financial Solutions closed its position in CVS Health Corp on 5th August 2024.
It sold the previously owned 3,155 shares for $252 million.
Kendra Means also disclosed a decreased stake in Vanguard Star Fds by approximately 0.1%.
This leaves the value of the investment at $942 million and 15,625 shares.
One of the smallest hedge funds
The two most similar investment funds to Retirement Financial Solutions are Independent Wealth Network and All Terrain Advisors. They manage $213 billion and $212 billion respectively.
Kendra Means investment strategy
Retirement Financial Solutions’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 0.6% of
the total portfolio value.
The fund focuses on investments in the United States as
26.9% 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
27% 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 $814 billion.
The complete list of Retirement Financial Solutions trades based on 13F SEC filings
These positions were updated on August 5th 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 |
10.11%
1,263,621
|
$68,494,433,000 | 32.23% |
| Invesco Exch Traded Fd Tr Ii |
8.01%
240,487
|
$25,683,896,000 | 12.09% |
| Vanguard Index Fds |
12.79%
195,800
|
$39,423,383,000 | 18.55% |
| Ishares Tr |
7.96%
853,987
|
$51,504,000,000 | 24.24% |
| J P Morgan Exchange Traded F |
10.19%
139,828
|
$7,925,502,000 | 3.73% |
| Wisdomtree Tr |
12.26%
130,253
|
$5,888,721,000 | 2.77% |
| Science Applications Intl Co |
No change
15,635
|
$1,837,895,000 | 0.86% |
| Invesco Db Us Dlr Index Tr |
7.47%
41,762
|
$1,216,491,000 | 0.57% |
| Spdr Gold Tr |
1.39%
5,561
|
$1,195,562,000 | 0.56% |
| Apple Inc |
2.61%
5,552
|
$1,169,198,000 | 0.55% |
| Vanguard Star Fds |
1.61%
15,625
|
$942,158,000 | 0.44% |
| Alps Etf Tr |
17.44%
15,509
|
$744,118,000 | 0.35% |
| Litman Gregory Fds Tr |
16.45%
24,472
|
$735,624,000 | 0.35% |
| Global X Fds |
19.57%
39,786
|
$703,023,000 | 0.33% |
| Ssga Active Etf Tr |
20.53%
16,527
|
$690,816,000 | 0.33% |
| Berkshire Hathaway Inc. |
No change
1,522
|
$619,150,000 | 0.29% |
| Vanguard Scottsdale Fds |
No change
2,428
|
$597,405,000 | 0.28% |
| Coca-Cola Co |
0.47%
8,013
|
$510,028,000 | 0.24% |
| Microsoft Corporation |
6.04%
1,053
|
$470,654,000 | 0.22% |
| NVIDIA Corp |
Opened
3,380
|
$417,530,000 | 0.20% |
| Exxon Mobil Corp. |
0.85%
3,569
|
$410,892,000 | 0.19% |
| Eaton Corp Plc |
16.02%
1,096
|
$343,651,000 | 0.16% |
| Franklin Bsp Rlty Tr Inc |
11.24%
24,863
|
$313,269,000 | 0.15% |
| Sysco Corp. |
No change
4,072
|
$290,696,000 | 0.14% |
| CVS Health Corp |
Closed
3,155
|
$251,643,000 | |
| Fs Kkr Cap Corp |
Closed
11,081
|
$211,315,000 | |
| Phillips Edison Co Inc |
Opened
6,127
|
$200,415,000 | 0.09% |
| Peakstone Realty Trust |
30.57%
15,558
|
$164,914,000 | 0.08% |
| No transactions found | |||
| Showing first 500 out of 28 holdings | |||
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