Wechter Feldman Wealth Management 13F annual report
Wechter Feldman Wealth Management is an investment fund managing more than $143 million ran by David Feldman. There are currently 17 companies in Mr. Feldman’s portfolio. The largest investments include Spdr Sp 500 Etf Tr and Vanguard Index Fds, together worth $87.4 million.
$143 million Assets Under Management (AUM)
As of 29th July 2021, Wechter Feldman Wealth Management’s top holding is 62,894 shares of Spdr Sp 500 Etf Tr currently worth over $26.9 million and making up 18.8% of the portfolio value.
In addition, the fund holds 304,840 shares of Vanguard Index Fds worth $60.4 million.
The third-largest holding is Vanguard Bd Index Fds worth $18.6 million and the next is Ishares Tr worth $15.3 million, with 134,716 shares owned.
Currently, Wechter Feldman Wealth Management's portfolio is worth at least $143 million. 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 Wechter Feldman Wealth Management
The Wechter Feldman Wealth Management office and employees reside in Parsippany, New Jersey. According to the last 13-F report filed with the SEC, David Feldman serves as the President & Chief Compliance Officer at Wechter Feldman Wealth Management.
Recent trades
In the most recent 13F filing, Wechter Feldman Wealth Management revealed that it had opened a new position in
Vanguard Index Fds and bought 10,514 shares worth $1.45 million.
The investment fund also strengthened its position in Spdr Sp 500 Etf Tr by buying
627 additional shares.
This makes their stake in Spdr Sp 500 Etf Tr total 62,894 shares worth $26.9 million.
On the other hand, there are companies that Wechter Feldman Wealth Management is getting rid of from its portfolio.
Wechter Feldman Wealth Management closed its position in Ishares Tr on 5th August 2021.
It sold the previously owned 221,075 shares for $15.5 million.
David Feldman also disclosed a decreased stake in Apple Inc by 0.1%.
This leaves the value of the investment at $1.11 million and 8,124 shares.
One of the smallest hedge funds
The two most similar investment funds to Wechter Feldman Wealth Management are Lasry Marc and Cordasco Network. They manage $143 million and $143 million respectively.
David Feldman investment strategy
Wechter Feldman Wealth Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Health Care — making up 1.5% of
the total portfolio value.
The fund focuses on investments in the United States as
35.3% 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 5.9% of the portfolio.
The average market cap of the portfolio companies is close to $911 billion.
The complete list of Wechter Feldman Wealth Management 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 Sp 500 Etf Tr |
1.01%
62,894
|
$26,922,000 | 18.84% |
| Vanguard Index Fds |
1.32%
304,840
|
$60,432,000 | 42.29% |
| Vanguard Bd Index Fds |
3,811.71%
226,097
|
$18,576,000 | 13.00% |
| Ishares Tr |
Closed
221,075
|
$15,519,000 | |
| Ishares Tr |
3.47%
134,716
|
$15,327,000 | 10.73% |
| SPDR Series Trust |
1.10%
356,593
|
$10,890,000 | 7.62% |
| Select Sector Spdr Tr |
Closed
83,544
|
$5,707,000 | |
| Eli Lilly |
No change
12,674
|
$2,909,000 | 2.04% |
| Quest Diagnostics, Inc. |
No change
16,564
|
$2,186,000 | 1.53% |
| Vanguard Index Fds |
Opened
10,514
|
$1,445,000 | 1.01% |
| Apple Inc |
14.70%
8,124
|
$1,113,000 | 0.78% |
| Merck |
No change
9,773
|
$760,000 | 0.53% |
| Jpmorgan Chase |
No change
3,154
|
$491,000 | 0.34% |
| Amazon.com Inc. |
No change
130
|
$447,000 | 0.31% |
| Alphabet Inc |
No change
157
|
$393,000 | 0.28% |
| Berkshire Hathaway Inc. |
1.10%
989
|
$275,000 | 0.19% |
| Johnson Johnson |
No change
1,535
|
$253,000 | 0.18% |
| Moodys Corp |
No change
696
|
$252,000 | 0.18% |
| Exxon Mobil Corp. |
Opened
3,544
|
$224,000 | 0.16% |
| No transactions found | |||
| Showing first 500 out of 19 holdings | |||
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