Sard Wealth Management Group 13F annual report

Sard Wealth Management Group is an investment fund managing more than $142 billion ran by Jonathan Sard. There are currently 40 companies in Mr. Sard’s portfolio. The largest investments include First Tr Exchange-traded Fd and Fidelity Merrimack Str Tr, together worth $47.7 billion.

Limited to 30 biggest holdings

$142 billion Assets Under Management (AUM)

As of 8th July 2024, Sard Wealth Management Group’s top holding is 453,583 shares of First Tr Exchange-traded Fd currently worth over $26 billion and making up 18.2% of the portfolio value. In addition, the fund holds 483,369 shares of Fidelity Merrimack Str Tr worth $21.7 billion. The third-largest holding is Vanguard Index Fds worth $14.1 billion and the next is Invesco Exchange Traded Fd T worth $14.1 billion, with 86,613 shares owned.

Currently, Sard Wealth Management Group's portfolio is worth at least $142 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 Sard Wealth Management Group

The Sard Wealth Management Group office and employees reside in Atlanta, Georgia. According to the last 13-F report filed with the SEC, Jonathan Sard serves as the Chief Compliance Officer at Sard Wealth Management Group.

Recent trades

In the most recent 13F filing, Sard Wealth Management Group revealed that it had opened a new position in Ishares Tr and bought 63,790 shares worth $6.8 billion.

The investment fund also strengthened its position in Fidelity Merrimack Str Tr by buying 359,658 additional shares. This makes their stake in Fidelity Merrimack Str Tr total 483,369 shares worth $21.7 billion.

On the other hand, there are companies that Sard Wealth Management Group is getting rid of from its portfolio. Sard Wealth Management Group closed its position in Ishares Tr on 15th July 2024. It sold the previously owned 36,681 shares for $3.97 billion. Jonathan Sard also disclosed a decreased stake in First Tr Exchange-traded Fd by 0.1%. This leaves the value of the investment at $26 billion and 453,583 shares.

One of the smallest hedge funds

The two most similar investment funds to Sard Wealth Management Group are Nine Masts Capital Ltd and Ehp Funds. They manage $142 billion and $142 billion respectively.

Jonathan Sard investment strategy

Sard Wealth Management Group’s portfolio is diversified across 9 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 2.7% of the total portfolio value. The fund focuses on investments in the United States as 35.0% 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 35% of the total holdings value. On the other hand, small-cap stocks make up only 2.5% of the portfolio. The average market cap of the portfolio companies is close to $497 billion.

The complete list of Sard Wealth Management Group 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
First Tr Exchange-traded Fd	10.85% 453,583	$25,974,931,000	18.24%
Fidelity Merrimack Str Tr	290.72% 483,369	$21,717,763,000	15.25%
Vanguard Index Fds	11.75% 52,602	$14,071,464,000	9.88%
Invesco Exchange Traded Fd T	197.85% 86,613	$14,084,563,000	9.89%
Spdr Ser Tr	8.31% 90,469	$11,505,897,000	8.08%
Schwab Strategic Tr	2,160.60% 137,535	$10,694,693,000	7.51%
Ishares Tr	37.09% 76,012	$9,169,865,000	6.44%
Ishares Tr	Opened 63,790	$6,803,841,000	4.78%
Vanguard Specialized Funds	18.98% 21,839	$3,986,678,000	2.80%
Ishares Tr	Closed 36,681	$3,972,969,000
Invesco Exch Traded Fd Tr Ii	39.56% 55,847	$2,959,154,000	2.08%
Pimco Etf Tr	217.73% 26,016	$2,618,523,000	1.84%
Apple Inc	0.45% 10,449	$2,200,801,000	1.55%
Procter And Gamble Co	0.07% 11,675	$1,925,378,000	1.35%
Microsoft Corporation	10.28% 3,832	$1,712,557,000	1.20%
Exxon Mobil Corp.	0.09% 10,993	$1,265,488,000	0.89%
T Rowe Price Etf Inc	8.63% 39,183	$1,230,752,000	0.86%
Mckesson Corporation	9.30% 2,033	$1,187,631,000	0.83%
Home Depot, Inc.	0.27% 2,930	$1,008,558,000	0.71%
Spdr Ser Tr	Closed 23,531	$957,952,000
NVIDIA Corp	Opened 6,440	$795,542,000	0.56%
Dimensional Etf Trust	13.77% 20,243	$652,646,000	0.46%
Amazon.com Inc.	2.35% 3,273	$632,507,000	0.44%
The Southern Co.	0.93% 7,459	$578,560,000	0.41%
Coca-Cola Co	0.68% 8,708	$554,291,000	0.39%
United Parcel Service, Inc.	No change 3,654	$499,987,000	0.35%
Investment Managers Ser Tr I	Opened 29,669	$442,061,000	0.31%
Capital Group Growth Etf	No change 12,586	$413,957,000	0.29%
Innovator ETFs Trust	Opened 13,245	$409,138,000	0.29%
Att Inc	12.23% 19,885	$380,004,000	0.27%
Alphabet Inc	6.93% 2,069	$376,956,000	0.26%
Dominion Energy Inc	No change 7,490	$367,003,000	0.26%
Meta Platforms Inc	34.60% 708	$356,954,000	0.25%
Invesco Actvely Mngd Etc Fd	No change 22,215	$312,121,000	0.22%
Consolidated Edison, Inc.	No change 3,455	$308,936,000	0.22%
Federated Hermes Prem Muni I	No change 25,276	$288,906,000	0.20%
Comcast Corp New	Closed 5,329	$231,021,000
Global Pmts Inc	Closed 1,690	$225,909,000
Johnson Johnson	6.88% 1,542	$225,390,000	0.16%
Pepsico Inc	1.53% 1,263	$208,273,000	0.15%
Bank America Corp	Opened 5,048	$200,766,000	0.14%
Dnp Select Income Fd Inc	Opened 20,174	$165,830,000	0.12%
Western Asset Inter Muni Fd	Opened 14,944	$117,460,000	0.08%
Abrdn Asia Pacific Income Fu	Opened 11,280	$30,231,000	0.02%
No transactions found
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