Madrona Services 13F annual report

Madrona Services is an investment fund managing more than $297 billion ran by Brian Evans. There are currently 71 companies in Mr. Evans’s portfolio. The largest investments include Northern Lts Fd Tr Iv and First Tr Exchange-traded Fd, together worth $63.9 billion.

$297 billion Assets Under Management (AUM)

As of 12th July 2024, Madrona Services’s top holding is 1,039,958 shares of Northern Lts Fd Tr Iv currently worth over $35.2 billion and making up 11.8% of the portfolio value. In addition, the fund holds 498,539 shares of First Tr Exchange-traded Fd worth $28.8 billion. The third-largest holding is Microsoft worth $26.8 billion and the next is Ishares Tr worth $78 billion, with 635,275 shares owned.

Currently, Madrona Services's portfolio is worth at least $297 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 Madrona Services

The Madrona Services office and employees reside in Everett, Washington. According to the last 13-F report filed with the SEC, Brian Evans serves as the Chief Executive Officer at Madrona Services.

Recent trades

In the most recent 13F filing, Madrona Services revealed that it had opened a new position in Blackrock Etf Trust and bought 202,193 shares worth $9.49 billion.

The investment fund also strengthened its position in Northern Lts Fd Tr Iv by buying 27,300 additional shares. This makes their stake in Northern Lts Fd Tr Iv total 1,039,958 shares worth $35.2 billion.

On the other hand, there are companies that Madrona Services is getting rid of from its portfolio. Madrona Services closed its position in First Tr Exchng Traded Fd Vi on 19th July 2024. It sold the previously owned 155,761 shares for $3.54 billion. Brian Evans also disclosed a decreased stake in First Tr Exchange-traded Fd by approximately 0.1%. This leaves the value of the investment at $28.8 billion and 498,539 shares.

One of the smaller hedge funds

The two most similar investment funds to Madrona Services are International Biotechnology Trust PLC and Stokes Capital Advisors. They manage $297 billion and $297 billion respectively.


Brian Evans investment strategy

Madrona Services’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Technology — making up 10.9% of the total portfolio value. The fund focuses on investments in the United States as 36.6% 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 32% of the total holdings value. On the other hand, small-cap stocks make up only 9.9% of the portfolio. The average market cap of the portfolio companies is close to $307 billion.

The complete list of Madrona Services trades based on 13F SEC filings

These positions were updated on July 19th 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
Northern Lts Fd Tr Iv
2.70%
1,039,958
$35,170,200,000 11.85%
First Tr Exchange-traded Fd
0.62%
498,539
$28,751,184,000 9.69%
Microsoft Corporation
27.79%
60,019
$26,825,365,000 9.04%
Ishares Tr
42.40%
635,275
$77,990,207,000 26.27%
Pacer Fds Tr
2.88%
641,306
$27,448,278,000 9.25%
Blackrock Etf Trust
Opened
202,193
$9,490,952,000 3.20%
First Tr Exchng Traded Fd Vi
22.09%
275,650
$10,720,409,000 3.61%
Apple Inc
1.97%
36,894
$7,770,543,000 2.62%
Vanguard Bd Index Fds
54.91%
155,217
$11,263,959,000 3.79%
Costco Whsl Corp New
0.05%
5,689
$4,835,886,000 1.63%
Sila Realty Trust Inc
Opened
221,371
$4,686,424,000 1.58%
J P Morgan Exchange Traded F
4.30%
77,168
$4,373,874,000 1.47%
First Tr Exchng Traded Fd Vi
Closed
155,761
$3,535,775,000
Tesla Inc
449.15%
17,205
$3,404,569,000 1.15%
Vanguard Index Fds
5.95%
13,156
$3,897,896,000 1.31%
Ishares Inc
4.86%
98,159
$5,532,951,000 1.86%
Ishares Tr
Opened
85,296
$3,380,243,000 1.14%
Spdr S&p 500 Etf Tr
13.94%
4,784
$2,603,550,000 0.88%
Berkshire Hathaway Inc.
0.62%
6,363
$3,200,303,000 1.08%
Ishares Tr
Closed
35,269
$2,911,110,000
Boeing Co.
14.49%
8,707
$1,584,774,000 0.53%
Alphabet Inc
3.11%
15,560
$2,843,660,000 0.96%
Amazon.com Inc.
23.34%
7,509
$1,451,114,000 0.49%
NVIDIA Corp
946.84%
9,767
$1,206,652,000 0.41%
First Tr Exchng Traded Fd Vi
Opened
48,652
$1,523,281,000 0.51%
Starbucks Corp.
4.54%
12,967
$1,009,479,000 0.34%
Home Depot, Inc.
2.69%
2,521
$867,947,000 0.29%
Coastal Finl Corp Wa
No change
18,465
$851,975,000 0.29%
Paccar Inc.
0.73%
7,961
$819,532,000 0.28%
Fiserv, Inc.
1.22%
3,907
$582,299,000 0.20%
Abbvie Inc
81.66%
3,288
$563,958,000 0.19%
Cigna Group (The)
1.28%
1,664
$550,068,000 0.19%
VanEck ETF Trust
21.17%
24,851
$546,971,000 0.18%
Meta Platforms Inc
4.25%
1,030
$519,446,000 0.17%
Global X Fds
20.06%
26,040
$512,467,000 0.17%
Innovator ETFs Trust
19.86%
27,770
$512,357,000 0.17%
Dimensional Etf Trust
20.91%
8,547
$502,991,000 0.17%
Vanguard Whitehall Fds
18.42%
3,703
$439,182,000 0.15%
Vanguard Specialized Funds
1.99%
2,221
$405,444,000 0.14%
Union Pac Corp
3.82%
1,738
$393,240,000 0.13%
Cisco Sys Inc
12.70%
7,831
$372,051,000 0.13%
Spdr Gold Tr
3.02%
1,671
$359,282,000 0.12%
VanEck ETF Trust
Opened
1,370
$357,159,000 0.12%
Trimtabs Etf Tr
4.66%
5,678
$344,446,000 0.12%
Fidelity Covington Trust
0.34%
9,416
$303,758,000 0.10%
Digital Rlty Tr Inc
11.13%
1,973
$299,995,000 0.10%
Applied Matls Inc
Opened
1,254
$295,931,000 0.10%
Lockheed Martin Corp.
5.69%
632
$295,207,000 0.10%
Johnson & Johnson
0.46%
1,948
$284,720,000 0.10%
Dimensional Etf Trust
Closed
8,393
$279,065,000
Micron Technology Inc.
Opened
2,095
$275,555,000 0.09%
Invesco Exch Traded Fd Tr Ii
16.31%
23,259
$268,641,000 0.09%
Automatic Data Processing In
No change
1,116
$266,378,000 0.09%
Mcdonalds Corp
1.28%
1,032
$262,995,000 0.09%
Visa Inc
Opened
995
$261,158,000 0.09%
JPMorgan Chase & Co.
Opened
1,290
$260,915,000 0.09%
Bank America Corp
6.57%
6,538
$260,033,000 0.09%
Ishares U S Etf Tr
No change
5,135
$258,445,000 0.09%
Broadcom Inc.
Opened
156
$250,463,000 0.08%
Qualcomm, Inc.
Opened
1,192
$237,423,000 0.08%
Wisdomtree Tr
Closed
7,145
$229,855,000
Invesco Exchange Traded Fd T
Opened
5,002
$228,823,000 0.08%
Eli Lilly & Co
Opened
251
$227,250,000 0.08%
Dow Inc
0.40%
4,247
$225,303,000 0.08%
Vanguard Tax-managed Fds
Opened
4,493
$222,028,000 0.07%
Vanguard Bd Index Fds
Closed
4,421
$218,574,000
Invesco Exchange Traded Fd T
Closed
10,295
$217,636,000
The Southern Co.
Closed
3,000
$210,360,000
Vanguard Index Fds
Opened
1,141
$208,345,000 0.07%
Howmet Aerospace Inc.
Opened
2,675
$207,660,000 0.07%
Wells Fargo Co New
Opened
3,476
$206,447,000 0.07%
Aflac Inc.
Opened
2,305
$205,860,000 0.07%
NextEra Energy Inc
Opened
2,839
$201,030,000 0.07%
Cronos Group Inc
Opened
50,000
$116,500,000 0.04%
Eaton Vance Calif Mun Bd Fd
Opened
10,181
$96,823,000 0.03%
Tilray Brands Inc
Opened
50,000
$83,000,000 0.03%
Usio, Inc.
No change
34,080
$52,142,000 0.02%
Lineage Cell Therapeutics In
No change
15,000
$14,960,000 0.01%
No transactions found
Showing first 500 out of 78 holdings