Mbe Wealth Management 13F annual report
Mbe Wealth Management is an investment fund managing more than $138 billion ran by Joseph Berry. There are currently 63 companies in Mr. Berry’s portfolio. The largest investments include Vanguard Index Fds and Spdr Ser Tr, together worth $49.8 billion.
$138 billion Assets Under Management (AUM)
As of 15th July 2024, Mbe Wealth Management’s top holding is 118,204 shares of Vanguard Index Fds currently worth over $26 billion and making up 18.8% of the portfolio value.
In addition, the fund holds 479,005 shares of Spdr Ser Tr worth $23.8 billion.
The third-largest holding is Ishares Tr worth $28.9 billion and the next is Schwab Strategic Tr worth $9.51 billion, with 174,463 shares owned.
Currently, Mbe Wealth Management's portfolio is worth at least $138 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 Mbe Wealth Management
The Mbe Wealth Management office and employees reside in Tomah, Wisconsin. According to the last 13-F report filed with the SEC, Joseph Berry serves as the Chief Compliance Officer at Mbe Wealth Management.
Recent trades
In the most recent 13F filing, Mbe Wealth Management revealed that it had opened a new position in
Qualcomm and bought 1,390 shares worth $277 million.
This means they effectively own approximately 0.1% of the company.
Qualcomm makes up
7.9%
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 Vanguard Index Fds by buying
1,513 additional shares.
This makes their stake in Vanguard Index Fds total 118,204 shares worth $26 billion.
On the other hand, there are companies that Mbe Wealth Management is getting rid of from its portfolio.
Mbe Wealth Management closed its position in Shell Plc on 19th July 2024.
It sold the previously owned 3,679 shares for $247 million.
Joseph Berry also disclosed a decreased stake in Vanguard Scottsdale Fds by approximately 0.1%.
This leaves the value of the investment at $5.41 billion and 68,348 shares.
One of the smallest hedge funds
The two most similar investment funds to Mbe Wealth Management are Integrity Corp wa and Lcm Capital Management Inc. They manage $138 billion and $138 billion respectively.
Joseph Berry investment strategy
Mbe Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 2.5% of
the total portfolio value.
The fund focuses on investments in the United States as
31.7% 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
29% of the total holdings value.
On the other hand, small-cap stocks make up only 1.6% of the portfolio.
The average market cap of the portfolio companies is close to $348 billion.
The complete list of Mbe Wealth Management 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 |
|---|---|---|---|
| Vanguard Index Fds |
1.30%
118,204
|
$25,969,704,000 | 18.77% |
| Spdr Ser Tr |
4.72%
479,005
|
$23,824,305,000 | 17.21% |
| Ishares Tr |
3.04%
355,161
|
$28,890,295,000 | 20.88% |
| Schwab Strategic Tr |
3.82%
174,463
|
$9,509,185,000 | 6.87% |
| Vanguard Scottsdale Fds |
0.05%
68,348
|
$5,405,909,000 | 3.91% |
| Etf Ser Solutions |
6.16%
464,574
|
$13,777,741,000 | 9.96% |
| Ssga Active Etf Tr |
3.18%
85,491
|
$2,362,130,000 | 1.71% |
| First Tr Exchng Traded Fd Vi |
0.60%
81,499
|
$1,992,651,000 | 1.44% |
| NVIDIA Corp |
950.09%
11,530
|
$1,424,449,000 | 1.03% |
| First Tr Value Line Divid In |
0.46%
30,133
|
$1,227,907,000 | 0.89% |
| Pepsico Inc |
4.07%
7,010
|
$1,156,212,000 | 0.84% |
| J P Morgan Exchange Traded F |
0.40%
19,173
|
$1,015,210,000 | 0.73% |
| Apple Inc |
3.39%
4,819
|
$1,014,988,000 | 0.73% |
| Vanguard Tax-managed Fds |
1.43%
19,362
|
$956,873,000 | 0.69% |
| Microsoft Corporation |
1.12%
2,118
|
$946,734,000 | 0.68% |
| Abbvie Inc |
2.48%
5,514
|
$945,737,000 | 0.68% |
| Ecolab, Inc. |
2.85%
3,407
|
$810,866,000 | 0.59% |
| Exxon Mobil Corp. |
3.20%
6,066
|
$698,301,000 | 0.50% |
| Thermo Fisher Scientific Inc. |
26.14%
1,246
|
$689,077,000 | 0.50% |
| MGE Energy, Inc. |
0.10%
8,868
|
$662,643,000 | 0.48% |
| Vanguard World Fd |
0.66%
11,881
|
$967,081,000 | 0.70% |
| Pacer Fds Tr |
1.51%
11,184
|
$609,416,000 | 0.44% |
| Eli Lilly Co |
62.53%
601
|
$544,133,000 | 0.39% |
| Jpmorgan Chase Co. |
44.08%
2,664
|
$538,812,000 | 0.39% |
| Abbott Labs |
20.46%
5,015
|
$521,063,000 | 0.38% |
| Mastercard Incorporated |
0.51%
1,175
|
$518,363,000 | 0.37% |
| First Tr Exchange-traded Fd |
2.03%
22,800
|
$727,443,000 | 0.53% |
| Vanguard Specialized Funds |
No change
2,582
|
$471,344,000 | 0.34% |
| Mcdonalds Corp |
No change
1,846
|
$470,387,000 | 0.34% |
| Vanguard Whitehall Fds |
7.63%
3,949
|
$468,378,000 | 0.34% |
| Wisdomtree Tr |
0.33%
14,961
|
$458,255,000 | 0.33% |
| Invesco Exchange Traded Fd T |
13.41%
2,763
|
$453,906,000 | 0.33% |
| Merck Co Inc |
2.71%
3,592
|
$444,749,000 | 0.32% |
| Vanguard Intl Equity Index F |
0.07%
8,850
|
$650,607,000 | 0.47% |
| Amazon.com Inc. |
13.35%
2,129
|
$411,429,000 | 0.30% |
| Indexiq Active Etf Tr |
0.68%
16,057
|
$388,258,000 | 0.28% |
| Spdr Gold Tr |
4.83%
1,737
|
$373,472,000 | 0.27% |
| Johnson Johnson |
13.43%
2,264
|
$330,960,000 | 0.24% |
| Global X Fds |
1.00%
4,945
|
$323,403,000 | 0.23% |
| Alphabet Inc |
4.45%
1,761
|
$320,842,000 | 0.23% |
| Advanced Micro Devices Inc. |
10.76%
1,935
|
$313,907,000 | 0.23% |
| Ast Spacemobile Inc |
34.13%
27,000
|
$313,470,000 | 0.23% |
| NextEra Energy Inc |
2.00%
4,030
|
$285,365,000 | 0.21% |
| Alliant Energy Corp. |
75.00%
5,576
|
$283,835,000 | 0.21% |
| Qualcomm, Inc. |
Opened
1,390
|
$276,868,000 | 0.20% |
| Select Sector Spdr Tr |
No change
1,156
|
$261,522,000 | 0.19% |
| Associated Banc-Corp. |
No change
12,177
|
$257,544,000 | 0.19% |
| Dimensional Etf Trust |
1.95%
4,225
|
$253,842,000 | 0.18% |
| Shell Plc |
Closed
3,679
|
$246,642,000 | |
| Verizon Communications Inc |
18.87%
5,840
|
$240,828,000 | 0.17% |
| Costco Whsl Corp New |
2.18%
281
|
$238,993,000 | 0.17% |
| Ishares Silver Tr |
Opened
8,900
|
$236,473,000 | 0.17% |
| Philip Morris International Inc |
Opened
2,246
|
$227,587,000 | 0.16% |
| Fidelity Natl Information Sv |
14.31%
3,006
|
$226,532,000 | 0.16% |
| Ishares Tr |
Closed
2,090
|
$224,473,000 | |
| Zim Integrated Shipping Serv |
No change
10,001
|
$221,732,000 | 0.16% |
| Att Inc |
10.40%
11,496
|
$219,694,000 | 0.16% |
| WEC Energy Group Inc |
Closed
2,662
|
$218,603,000 | |
| Deere Co |
Closed
524
|
$215,224,000 | |
| RPM International, Inc. |
Closed
1,802
|
$214,380,000 | |
| First Tr Exchange-traded Fd |
Opened
3,894
|
$213,174,000 | 0.15% |
| The Southern Co. |
Opened
2,706
|
$209,880,000 | 0.15% |
| Union Pac Corp |
2.73%
904
|
$204,618,000 | 0.15% |
| First Tr Exch Traded Fd Iii |
0.26%
11,656
|
$202,355,000 | 0.15% |
| Motorola Solutions Inc |
Opened
521
|
$201,132,000 | 0.15% |
| Genius Sports Limited |
3.44%
18,045
|
$98,345,000 | 0.07% |
| Natural Health Trends Corp. |
No change
10,904
|
$77,420,000 | 0.06% |
| Diana Shipping Inc |
2.66%
19,538
|
$55,880,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 68 holdings | |||
Hedge funds similar to Mbe Wealth Management
- True Capital Management
- Latash Investments
- Aifg Consultants
- Ayal Capital Advisors Ltd
- Mcalister, Sweet & Associates
- Trust Investment Advisors
- Strategic Vision Investment Ltd
- Integrity Corp wa
- Lcm Capital Management Inc
- Wealthspring Partners
- Jbr Co Management Inc
- Kellett Wealth Advisors
- Roger Wittlin Investment Advisory
- Mwa Asset Management