Mattern Wealth Management 13F annual report

Mattern Wealth Management is an investment fund managing more than $340 billion ran by Kyle Cross. There are currently 130 companies in Mrs. Cross’s portfolio. The largest investments include Dimensional Etf Trust and Microsoft, together worth $89.5 billion.

Limited to 30 biggest holdings

$340 billion Assets Under Management (AUM)

As of 25th October 2023, Mattern Wealth Management’s top holding is 1,787,037 shares of Dimensional Etf Trust currently worth over $69.2 billion and making up 20.4% of the portfolio value. In addition, the fund holds 64,102 shares of Microsoft worth $20.2 billion, whose value grew 10.7% in the past six months. The third-largest holding is Apple Inc worth $19.1 billion and the next is American Centy Etf Tr worth $22.4 billion, with 525,154 shares owned.

Currently, Mattern Wealth Management's portfolio is worth at least $340 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 Mattern Wealth Management

The Mattern Wealth Management office and employees reside in Lawrence, Kansas. According to the last 13-F report filed with the SEC, Kyle Cross serves as the CHIEF COMPLIANCE OFFICER at Mattern Wealth Management.

Recent trades

In the most recent 13F filing, Mattern Wealth Management revealed that it had opened a new position in American Centy Etf Tr and bought 137,523 shares worth $9.12 billion.

The investment fund also strengthened its position in Microsoft by buying 4,685 additional shares. This makes their stake in Microsoft total 64,102 shares worth $20.2 billion. Microsoft soared 48.2% in the past year.

On the other hand, there are companies that Mattern Wealth Management is getting rid of from its portfolio. Mattern Wealth Management closed its position in Ishares Tr on 1st November 2023. It sold the previously owned 125,985 shares for $11.9 billion. Kyle Cross also disclosed a decreased stake in Dimensional Etf Trust by approximately 0.1%. This leaves the value of the investment at $69.2 billion and 1,787,037 shares.

One of the average hedge funds

The two most similar investment funds to Mattern Wealth Management are Bank Pictet & Cie (asia) Ltd and Northstar Asset Management Inc. They manage $340 billion and $340 billion respectively.


Kyle Cross investment strategy

Mattern Wealth Management’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 10.0% of the total portfolio value. The fund focuses on investments in the United States as 54.6% 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 55% of the total holdings value. On the other hand, small-cap stocks make up only 2.3% of the portfolio. The average market cap of the portfolio companies is close to $206 billion.

The complete list of Mattern Wealth Management trades based on 13F SEC filings

These positions were updated on November 1st 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
Dimensional Etf Trust
3.80%
1,787,037
$69,232,481,000 20.38%
Microsoft Corporation
7.88%
64,102
$20,240,314,000 5.96%
Apple Inc
11.17%
111,662
$19,117,735,000 5.63%
American Centy Etf Tr
2.14%
525,154
$22,440,013,000 6.61%
Ishares Tr
Closed
125,985
$11,948,838,000
American Centy Etf Tr
Opened
137,523
$9,120,208,000 2.69%
Chevron Corp.
10.82%
38,698
$6,525,313,000 1.92%
Lowes Cos Inc
11.53%
26,990
$5,609,543,000 1.65%
Johnson & Johnson
0.55%
29,859
$4,650,498,000 1.37%
Dimensional Etf Trust
Opened
291,817
$6,792,748,000 2.00%
Phillips 66
2.05%
35,374
$4,250,137,000 1.25%
Automatic Data Processing In
1.90%
17,621
$4,239,377,000 1.25%
Analog Devices Inc.
1.47%
23,543
$4,122,068,000 1.21%
Unitedhealth Group Inc
1.20%
8,174
$4,121,292,000 1.21%
Mcdonalds Corp
1.91%
15,065
$3,968,693,000 1.17%
JPMorgan Chase & Co.
10.97%
27,073
$3,926,116,000 1.16%
Abbott Labs
4.98%
39,863
$3,860,695,000 1.14%
Amazon.com Inc.
2.88%
28,343
$3,602,962,000 1.06%
Costco Whsl Corp New
5.91%
6,035
$3,409,534,000 1.00%
Alphabet Inc
2.79%
27,562
$3,609,040,000 1.06%
Procter And Gamble Co
15.51%
22,016
$3,211,189,000 0.95%
Accenture Plc Ireland
6.59%
10,206
$3,134,410,000 0.92%
Air Prods & Chems Inc
10.47%
10,770
$3,052,259,000 0.90%
Linde Plc.
17.18%
8,193
$3,050,664,000 0.90%
Exxon Mobil Corp.
1.19%
24,847
$2,921,483,000 0.86%
Walmart Inc
15.72%
17,884
$2,860,249,000 0.84%
First Tr Exchange-traded Fd
34.93%
146,690
$6,960,449,000 2.05%
Ishares Tr
27.05%
124,841
$14,431,519,000 4.25%
Pepsico Inc
19.88%
16,164
$2,738,889,000 0.81%
AMGEN Inc.
20.56%
9,759
$2,622,829,000 0.77%
Blackrock Inc.
13.50%
4,028
$2,604,125,000 0.77%
Cisco Sys Inc
7.54%
48,409
$2,602,468,000 0.77%
Emerson Elec Co
1.34%
25,884
$2,499,618,000 0.74%
Becton Dickinson & Co.
9.41%
9,619
$2,486,800,000 0.73%
Aflac Inc.
19.84%
32,218
$2,472,732,000 0.73%
L3Harris Technologies Inc
6.65%
14,119
$2,458,457,000 0.72%
NextEra Energy Inc
3.57%
42,343
$2,425,810,000 0.71%
Illinois Tool Wks Inc
21.42%
10,244
$2,359,236,000 0.69%
Chubb Limited
8.10%
11,148
$2,320,791,000 0.68%
General Dynamics Corp.
2.70%
10,378
$2,293,224,000 0.68%
Visa Inc
3.21%
9,485
$2,181,660,000 0.64%
Vanguard Index Fds
No change
10,237
$2,174,441,000 0.64%
Factset Resh Sys Inc
17.40%
4,805
$2,101,034,000 0.62%
Paychex Inc.
16.92%
16,551
$1,908,827,000 0.56%
Berkshire Hathaway Inc.
5.39%
5,314
$1,861,494,000 0.55%
American Tower Corp.
0.60%
11,001
$1,809,139,000 0.53%
Medtronic Plc
3.81%
22,302
$1,747,566,000 0.51%
Select Sector Spdr Tr
6.45%
19,802
$2,372,168,000 0.70%
Nike, Inc.
56.80%
17,755
$1,697,750,000 0.50%
Colgate-Palmolive Co.
26.47%
23,852
$1,696,116,000 0.50%
Merck & Co Inc
No change
16,103
$1,657,850,000 0.49%
Eli Lilly & Co
0.13%
3,004
$1,613,539,000 0.48%
Caterpillar Inc.
1.25%
5,860
$1,599,673,000 0.47%
Norfolk Southn Corp
25.36%
8,081
$1,591,391,000 0.47%
First Tr Exch Traded Fd Iii
No change
77,816
$1,550,095,000 0.46%
RTX Corp
Opened
20,822
$1,498,590,000 0.44%
Comcast Corp New
5.14%
33,470
$1,484,050,000 0.44%
Abbvie Inc
0.01%
9,891
$1,474,313,000 0.43%
NVIDIA Corp
0.39%
3,307
$1,438,512,000 0.42%
Target Corp
Opened
12,568
$1,389,686,000 0.41%
Stryker Corp.
0.55%
5,077
$1,387,298,000 0.41%
Us Bancorp Del
Closed
41,886
$1,383,928,000
Grainger W W Inc
34.97%
1,845
$1,276,445,000 0.38%
Boeing Co.
10.85%
6,385
$1,223,877,000 0.36%
Union Pac Corp
42.24%
5,858
$1,192,865,000 0.35%
Ppg Inds Inc
50.62%
8,320
$1,079,936,000 0.32%
WEC Energy Group Inc
26.76%
12,283
$989,396,000 0.29%
CMS Energy Corporation
27.40%
18,543
$984,819,000 0.29%
Conocophillips
No change
7,901
$946,540,000 0.28%
Eversource Energy
32.69%
15,578
$905,861,000 0.27%
Schwab Strategic Tr
0.96%
16,800
$848,232,000 0.25%
Freeport-McMoRan Inc
1.04%
22,333
$832,798,000 0.25%
Deere & Co.
No change
2,034
$767,717,000 0.23%
First Tr Morningstar Divid L
85.78%
19,938
$666,727,000 0.20%
Home Depot, Inc.
1.89%
2,180
$658,709,000 0.19%
Spdr S&p 500 Etf Tr
7.74%
1,518
$648,867,000 0.19%
Broadcom Inc.
No change
771
$640,377,000 0.19%
Intel Corp.
1.73%
15,584
$554,011,000 0.16%
Spdr Dow Jones Indl Average
No change
1,605
$537,595,000 0.16%
Philip Morris International Inc
No change
5,709
$528,539,000 0.16%
Devon Energy Corp.
32.66%
10,988
$524,128,000 0.15%
Evergy Inc
0.13%
10,193
$516,807,000 0.15%
Altria Group Inc.
0.01%
11,879
$499,506,000 0.15%
Coca-Cola Co
No change
8,541
$478,125,000 0.14%
Kimberly-Clark Corp.
21.54%
3,642
$440,144,000 0.13%
AT&T Inc.
24.11%
28,136
$422,606,000 0.12%
Glacier Bancorp, Inc.
No change
14,766
$420,831,000 0.12%
American Elec Pwr Co Inc
No change
5,555
$417,847,000 0.12%
Vanguard World Fds
8.11%
1,000
$414,900,000 0.12%
Energy Transfer L P
14.99%
29,552
$414,615,000 0.12%
Novartis AG
0.31%
3,885
$395,726,000 0.12%
Shell Plc
3.13%
5,775
$371,795,000 0.11%
Blackstone Inc
12.04%
3,425
$366,955,000 0.11%
Pfizer Inc.
No change
10,833
$359,331,000 0.11%
Starbucks Corp.
2.62%
3,937
$359,330,000 0.11%
First Tr Exchng Traded Fd Vi
30.83%
14,831
$354,461,000 0.10%
Trade Desk Inc
No change
4,390
$343,079,000 0.10%
Goldman Sachs Etf Tr
No change
4,000
$336,920,000 0.10%
Brookfield Corp
No change
10,484
$327,835,000 0.10%
Snap-on, Inc.
No change
1,258
$320,902,000 0.09%
Bristol-Myers Squibb Co.
No change
5,500
$319,241,000 0.09%
Clorox Co.
4.80%
2,400
$314,544,000 0.09%
Verizon Communications Inc
39.43%
9,449
$306,252,000 0.09%
Dow Inc
9.92%
5,887
$303,522,000 0.09%
Valero Energy Corp.
No change
2,083
$295,182,000 0.09%
International Business Machs
8.72%
2,093
$293,648,000 0.09%
Canadian Natl Ry Co
No change
2,650
$287,075,000 0.08%
Mondelez International Inc.
No change
4,126
$286,344,000 0.08%
Meta Platforms Inc
1.38%
926
$277,994,000 0.08%
Global X Fds
Opened
6,965
$270,869,000 0.08%
CSX Corp.
No change
8,784
$270,108,000 0.08%
Occidental Pete Corp
No change
4,000
$259,520,000 0.08%
Brown & Brown, Inc.
3.78%
3,666
$256,050,000 0.08%
Lamb Weston Holdings Inc
No change
2,768
$255,929,000 0.08%
Enterprise Prods Partners L
0.32%
9,324
$255,198,000 0.08%
DuPont de Nemours Inc
No change
3,409
$254,303,000 0.07%
Conagra Brands Inc
No change
9,106
$249,687,000 0.07%
Enbridge Inc
No change
7,463
$247,697,000 0.07%
First Tr Exch Traded Fd Iii
Closed
4,798
$243,163,000
First Business Finl Svcs Inc
No change
8,000
$240,080,000 0.07%
Tesla Inc
6.71%
903
$225,949,000 0.07%
Brookfield Infrast Partners
No change
7,650
$224,910,000 0.07%
Lockheed Martin Corp.
Closed
483
$222,364,000
Prologis Inc
No change
1,975
$221,615,000 0.07%
Vanguard Mun Bd Fds
35.78%
4,482
$215,584,000 0.06%
Spdr Ser Tr
No change
4,906
$214,834,000 0.06%
Salesforce Inc
1.93%
1,055
$213,933,000 0.06%
Canadian Pacific Kansas City
No change
2,824
$210,134,000 0.06%
Advanced Micro Devices Inc.
8.87%
2,026
$208,313,000 0.06%
Hershey Company
No change
1,000
$200,080,000 0.06%
Ford Mtr Co Del
No change
13,531
$168,055,000 0.05%
Nuveen Mun High Income Oppor
Opened
17,726
$164,497,000 0.05%
Invesco Exch Traded Fd Tr Ii
Opened
10,400
$113,880,000 0.03%
First Tr Mlp & Energy Incom
No change
11,200
$88,592,000 0.03%
No transactions found
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