Sound Stewardship 13F annual report
Sound Stewardship is an investment fund managing more than $165 billion ran by Matthew Syverson. There are currently 29 companies in Mr. Syverson’s portfolio. The largest investments include Vanguard Bd Index Fds and Schwab Strategic Tr, together worth $50.1 billion.
$165 billion Assets Under Management (AUM)
As of 17th July 2024, Sound Stewardship’s top holding is 326,829 shares of Vanguard Bd Index Fds currently worth over $23.5 billion and making up 14.3% of the portfolio value.
In addition, the fund holds 509,028 shares of Schwab Strategic Tr worth $26.6 billion.
The third-largest holding is Ishares Tr worth $38.8 billion and the next is Abrdn Precious Metals Basket worth $8.95 billion, with 86,864 shares owned.
Currently, Sound Stewardship's portfolio is worth at least $165 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 Sound Stewardship
The Sound Stewardship office and employees reside in Overland Park, Kansas. According to the last 13-F report filed with the SEC, Matthew Syverson serves as the Chief Compliance Officer at Sound Stewardship.
Recent trades
In the most recent 13F filing, Sound Stewardship revealed that it had opened a new position in
Spdr S&p 500 Etf Tr and bought 551 shares worth $300 million.
The investment fund also strengthened its position in Vanguard Bd Index Fds by buying
7,283 additional shares.
This makes their stake in Vanguard Bd Index Fds total 326,829 shares worth $23.5 billion.
On the other hand, there are companies that Sound Stewardship is getting rid of from its portfolio.
Sound Stewardship closed its position in Ishares Tr on 24th July 2024.
It sold the previously owned 14,584 shares for $811 million.
Matthew Syverson also disclosed a decreased stake in Abrdn Precious Metals Basket by approximately 0.1%.
This leaves the value of the investment at $8.95 billion and 86,864 shares.
One of the smallest hedge funds
The two most similar investment funds to Sound Stewardship are Bowman & Co S.c and Blantyre Capital Ltd. They manage $165 billion and $164 billion respectively.
Matthew Syverson investment strategy
Sound Stewardship’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Miscellaneous — making up 1.8% of
the total portfolio value.
The fund focuses on investments in the United States as
24.1% 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
24% of the total holdings value.
On the other hand, small-cap stocks make up only 3.4% of the portfolio.
The average market cap of the portfolio companies is close to $499 billion.
The complete list of Sound Stewardship trades based on 13F SEC filings
These positions were updated on July 24th 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 |
|---|---|---|---|
| Vanguard Bd Index Fds |
2.28%
326,829
|
$23,548,066,000 | 14.31% |
| Schwab Strategic Tr |
0.92%
509,028
|
$26,581,731,000 | 16.15% |
| Ishares Tr |
0.03%
436,320
|
$38,801,175,000 | 23.58% |
| Abrdn Precious Metals Basket |
2.89%
86,864
|
$8,945,255,000 | 5.44% |
| Invesco Exch Trd Slf Idx Fd |
1.01%
1,487,271
|
$30,195,979,000 | 18.35% |
| Vanguard Tax-managed Fds |
0.86%
111,042
|
$5,487,690,000 | 3.33% |
| Vanguard World Fd |
0.72%
8,736
|
$5,037,310,000 | 3.06% |
| Ishares Inc |
197.46%
74,550
|
$4,413,337,000 | 2.68% |
| Invesco Exchange Traded Fd T |
0.61%
77,723
|
$2,964,339,000 | 1.80% |
| Vanguard Index Fds |
0.75%
10,788
|
$3,024,177,000 | 1.84% |
| Vanguard Intl Equity Index F |
41.86%
40,099
|
$1,754,744,000 | 1.07% |
| Spdr Ser Tr |
9.58%
76,321
|
$1,939,532,000 | 1.18% |
| Wisdomtree Tr |
37.73%
41,195
|
$2,227,578,000 | 1.35% |
| Timothy Plan |
10.72%
93,545
|
$2,918,686,000 | 1.77% |
| Microsoft Corporation |
4.12%
2,260
|
$1,010,059,000 | 0.61% |
| Canadian Pacific Kansas City |
0.06%
8,257
|
$650,059,000 | 0.40% |
| Apple Inc |
No change
3,055
|
$643,509,000 | 0.39% |
| Nushares Etf Tr |
4.47%
28,177
|
$970,896,000 | 0.59% |
| Ishares Tr |
Closed
14,584
|
$810,973,000 | |
| NextEra Energy Inc |
No change
6,683
|
$473,225,000 | 0.29% |
| Spdr Index Shs Fds |
28.98%
6,800
|
$393,859,000 | 0.24% |
| Epr Pptys |
No change
9,189
|
$385,755,000 | 0.23% |
| Alliant Energy Corp. |
No change
6,491
|
$330,392,000 | 0.20% |
| NVIDIA Corp |
568.64%
2,601
|
$321,349,000 | 0.20% |
| Spdr S&p 500 Etf Tr |
Opened
551
|
$299,866,000 | 0.18% |
| Ishares Gold Tr |
No change
6,764
|
$297,143,000 | 0.18% |
| Schwab Strategic Tr |
Closed
5,135
|
$267,857,000 | |
| Nushares Etf Tr |
Closed
5,787
|
$257,387,000 | |
| Garmin Ltd |
19.73%
1,579
|
$257,237,000 | 0.16% |
| Invesco Exch Traded Fd Tr Ii |
No change
11,716
|
$234,320,000 | 0.14% |
| Commerce Bancshares, Inc. |
No change
4,176
|
$232,938,000 | 0.14% |
| Ishares Inc |
Closed
4,390
|
$226,517,000 | |
| Evergy Inc |
No change
4,226
|
$223,852,000 | 0.14% |
| Thermo Fisher Scientific Inc. |
Closed
360
|
$209,236,000 | |
| No transactions found | |||
| Showing first 500 out of 34 holdings | |||
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