Ellsworth Advisors 13F annual report
Ellsworth Advisors is an investment fund managing more than $357 billion ran by Michelle Schwab. There are currently 169 companies in Mrs. Schwab’s portfolio. The largest investments include Spdr Gold Tr and First Tr Exchange-traded Fd, together worth $23.5 billion.
$357 billion Assets Under Management (AUM)
As of 11th July 2024, Ellsworth Advisors’s top holding is 59,839 shares of Spdr Gold Tr currently worth over $12.9 billion and making up 3.6% of the portfolio value.
In addition, the fund holds 180,594 shares of First Tr Exchange-traded Fd worth $10.7 billion.
The third-largest holding is Eaton Corp Plc worth $8.49 billion and the next is Merck & Co Inc worth $7.6 billion, with 61,402 shares owned.
Currently, Ellsworth Advisors's portfolio is worth at least $357 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 Ellsworth Advisors
The Ellsworth Advisors office and employees reside in Hudson, Ohio. According to the last 13-F report filed with the SEC, Michelle Schwab serves as the Chief Compliance Officer at Ellsworth Advisors.
Recent trades
In the most recent 13F filing, Ellsworth Advisors revealed that it had opened a new position in
Alphabet Inc and bought 26,336 shares worth $4.83 billion.
This means they effectively own approximately 0.1% of the company.
Alphabet Inc makes up
18.3%
of the fund's Technology sector allocation and has grown its share price by 46.3% in the past year.
The investment fund also strengthened its position in Spdr Gold Tr by buying
480 additional shares.
This makes their stake in Spdr Gold Tr total 59,839 shares worth $12.9 billion.
On the other hand, there are companies that Ellsworth Advisors is getting rid of from its portfolio.
Ellsworth Advisors closed its position in Heartland Express on 18th July 2024.
It sold the previously owned 352,557 shares for $3.84 billion.
Michelle Schwab also disclosed a decreased stake in Eaton Corp Plc by approximately 0.1%.
This leaves the value of the investment at $8.49 billion and 27,065 shares.
One of the smaller hedge funds
The two most similar investment funds to Ellsworth Advisors are Waterfront Wealth and Arlington Trust Co. They manage $357 billion and $357 billion respectively.
Michelle Schwab investment strategy
Ellsworth Advisors’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Industrials — making up 10.4% of
the total portfolio value.
The fund focuses on investments in the United States as
53.8% 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
37% of the total holdings value.
On the other hand, small-cap stocks make up only 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $133 billion.
The complete list of Ellsworth Advisors trades based on 13F SEC filings
These positions were updated on July 18th 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 Gold Tr |
0.81%
59,839
|
$12,865,983,000 | 3.60% |
| First Tr Exchange-traded Fd |
2.06%
180,594
|
$10,662,921,000 | 2.99% |
| Eaton Corp Plc |
5.32%
27,065
|
$8,486,217,000 | 2.38% |
| Merck & Co Inc |
5.28%
61,402
|
$7,601,522,000 | 2.13% |
| Apple Inc |
0.30%
33,678
|
$7,093,327,000 | 1.99% |
| NVIDIA Corp |
895.85%
53,736
|
$6,638,576,000 | 1.86% |
| Waste Mgmt Inc Del |
2.10%
30,863
|
$6,584,279,000 | 1.84% |
| Intuit Inc |
1.34%
9,668
|
$6,353,870,000 | 1.78% |
| Packaging Corp Amer |
2.53%
34,799
|
$6,352,975,000 | 1.78% |
| Interactive Brokers Group In |
0.10%
51,147
|
$6,270,682,000 | 1.76% |
| Public Storage Oper Co |
5.59%
21,762
|
$6,259,703,000 | 1.75% |
| Prudential Finl Inc |
3.20%
49,345
|
$5,782,682,000 | 1.62% |
| Harbor ETF Trust |
1.78%
255,502
|
$5,747,519,000 | 1.61% |
| Caterpillar Inc. |
52.44%
17,226
|
$5,738,142,000 | 1.61% |
| Arch Cap Group Ltd |
1.04%
56,406
|
$5,690,801,000 | 1.59% |
| The Southern Co. |
3.33%
71,560
|
$5,550,899,000 | 1.56% |
| Blackstone Inc |
3.23%
42,210
|
$5,225,575,000 | 1.46% |
| Allstate Corp (The) |
2.08%
32,479
|
$5,185,670,000 | 1.45% |
| Coca-Cola Co |
2.79%
81,362
|
$5,178,672,000 | 1.45% |
| Cigna Group (The) |
1.18%
15,367
|
$5,080,032,000 | 1.42% |
| Lyondellbasell Industries N |
4.28%
51,784
|
$4,953,688,000 | 1.39% |
| Paychex Inc. |
3.59%
41,274
|
$4,893,438,000 | 1.37% |
| Alphabet Inc |
Opened
26,336
|
$4,830,532,000 | 1.35% |
| Mcdonalds Corp |
4.11%
18,943
|
$4,827,361,000 | 1.35% |
| Consolidated Edison, Inc. |
3.75%
53,717
|
$4,803,334,000 | 1.35% |
| Renaissancere Hldgs Ltd |
2.30%
21,058
|
$4,706,681,000 | 1.32% |
| Dow Inc |
2.96%
87,683
|
$4,651,575,000 | 1.30% |
| Cisco Sys Inc |
4.72%
97,616
|
$4,637,723,000 | 1.30% |
| Timken Co. |
2.10%
57,251
|
$4,587,530,000 | 1.29% |
| Deere & Co. |
2.57%
12,225
|
$4,567,769,000 | 1.28% |
| Us Bancorp Del |
4.65%
114,979
|
$4,564,658,000 | 1.28% |
| Markel Group Inc |
2.91%
2,896
|
$4,563,111,000 | 1.28% |
| Progressive Corp. |
Opened
21,742
|
$4,516,031,000 | 1.27% |
| Alliant Energy Corp. |
4.73%
87,964
|
$4,477,377,000 | 1.25% |
| General Mls Inc |
Opened
70,395
|
$4,453,180,000 | 1.25% |
| Berkshire Hathaway Inc. |
0.47%
10,912
|
$4,439,002,000 | 1.24% |
| Centene Corp. |
2.33%
66,302
|
$4,395,823,000 | 1.23% |
| Genuine Parts Co. |
2.32%
31,778
|
$4,395,598,000 | 1.23% |
| Kraft Heinz Co |
3.15%
133,999
|
$4,317,457,000 | 1.21% |
| Graphic Packaging Hldg Co |
2.87%
160,135
|
$4,197,138,000 | 1.18% |
| SpartanNash Co |
3.51%
221,939
|
$4,163,573,000 | 1.17% |
| Jazz Pharmaceuticals plc |
3.92%
37,181
|
$3,968,328,000 | 1.11% |
| Heartland Express, Inc. |
Closed
352,557
|
$3,839,346,000 | |
| United Parcel Service, Inc. |
7.08%
27,949
|
$3,824,822,000 | 1.07% |
| AGCO Corp. |
4.69%
36,328
|
$3,555,828,000 | 1.00% |
| Integra Lifesciences Hldgs C |
6.95%
119,668
|
$3,487,126,000 | 0.98% |
| Amphastar Pharmaceuticals In |
6.44%
86,391
|
$3,455,640,000 | 0.97% |
| Genpact Limited |
Closed
108,396
|
$3,383,049,000 | |
| Alps Etf Tr |
5.14%
118,968
|
$3,130,524,000 | 0.88% |
| Exxon Mobil Corp. |
2.17%
24,220
|
$2,788,156,000 | 0.78% |
| AB Active ETFs Inc |
43.47%
54,732
|
$2,764,778,000 | 0.77% |
| Microchip Technology, Inc. |
1.89%
29,002
|
$2,653,672,000 | 0.74% |
| First Tr Exchng Traded Fd Vi |
2.93%
111,979
|
$2,597,913,000 | 0.73% |
| Lennar Corp. |
0.95%
16,125
|
$2,416,648,000 | 0.68% |
| Visa Inc |
3.62%
8,569
|
$2,249,060,000 | 0.63% |
| Iron Mtn Inc Del |
2.37%
24,471
|
$2,193,086,000 | 0.61% |
| Nucor Corp. |
1.68%
13,847
|
$2,188,932,000 | 0.61% |
| Pepsico Inc |
2.82%
12,656
|
$2,087,433,000 | 0.58% |
| Disney Walt Co |
6.79%
21,009
|
$2,085,987,000 | 0.58% |
| Honeywell International Inc |
3.07%
9,543
|
$2,037,794,000 | 0.57% |
| Toyota Motor Corporation |
31.03%
9,180
|
$1,881,576,000 | 0.53% |
| Johnson & Johnson |
3.00%
11,780
|
$1,721,784,000 | 0.48% |
| RTX Corp |
3.56%
16,698
|
$1,676,337,000 | 0.47% |
| Eog Res Inc |
5.07%
12,721
|
$1,601,215,000 | 0.45% |
| Bank America Corp |
10.12%
39,888
|
$1,586,338,000 | 0.44% |
| Aptiv PLC |
Opened
21,456
|
$1,510,932,000 | 0.42% |
| J P Morgan Exchange Traded F |
Opened
29,821
|
$1,505,066,000 | 0.42% |
| JPMorgan Chase & Co. |
11.19%
7,342
|
$1,485,091,000 | 0.42% |
| Sony Group Corp |
Opened
16,634
|
$1,413,058,000 | 0.40% |
| Energy Transfer L P |
13.69%
86,012
|
$1,395,111,000 | 0.39% |
| Gen Digital Inc |
12.54%
55,812
|
$1,394,192,000 | 0.39% |
| Vistra Corp |
Closed
19,968
|
$1,392,546,000 | |
| Nike, Inc. |
4.06%
18,403
|
$1,387,031,000 | 0.39% |
| Lamar Advertising Co |
12.96%
11,434
|
$1,366,748,000 | 0.38% |
| CVS Health Corp |
Closed
19,559
|
$1,342,511,000 | |
| Pinnacle West Cap Corp |
12.08%
17,211
|
$1,314,552,000 | 0.37% |
| Equitable Holdings, Inc. |
12.75%
31,990
|
$1,307,092,000 | 0.37% |
| Shell Plc |
13.40%
17,646
|
$1,273,664,000 | 0.36% |
| Hewlett Packard Enterprise C |
Opened
58,504
|
$1,238,530,000 | 0.35% |
| Autoliv Inc. |
11.30%
11,561
|
$1,236,899,000 | 0.35% |
| Kinder Morgan Inc |
14.53%
61,228
|
$1,216,601,000 | 0.34% |
| Sherwin-Williams Co. |
0.12%
4,053
|
$1,209,432,000 | 0.34% |
| HP Inc |
Opened
34,174
|
$1,196,773,000 | 0.34% |
| Bunge Global SA |
16.00%
10,650
|
$1,137,089,000 | 0.32% |
| Ares Management Corp |
Closed
8,590
|
$1,128,348,000 | |
| Proshares Tr |
No change
32,000
|
$1,102,720,000 | 0.31% |
| UFP Technologies Inc. |
Closed
4,769
|
$1,092,053,000 | |
| Netflix Inc. |
5.67%
1,547
|
$1,044,039,000 | 0.29% |
| BP plc |
Closed
26,410
|
$1,041,629,000 | |
| Kenvue Inc |
19.18%
56,127
|
$1,020,389,000 | 0.29% |
| Mosaic Co New |
22.11%
34,714
|
$1,003,243,000 | 0.28% |
| Sterling Infrastructure Inc |
10.98%
8,470
|
$1,002,340,000 | 0.28% |
| AES Corp. |
Opened
56,440
|
$991,651,000 | 0.28% |
| Union Pac Corp |
20.12%
4,268
|
$965,588,000 | 0.27% |
| Camtek Ltd |
3.43%
7,393
|
$925,899,000 | 0.26% |
| Graham Corp. |
2.48%
31,364
|
$883,210,000 | 0.25% |
| Taylor Devices Inc. |
Closed
19,102
|
$878,501,000 | |
| IES Holdings Inc |
2.67%
5,806
|
$808,950,000 | 0.23% |
| Parker-Hannifin Corp. |
0.13%
1,596
|
$807,273,000 | 0.23% |
| Argan, Inc. |
3.52%
10,862
|
$794,664,000 | 0.22% |
| Northeast Bk Lewiston Me |
4.98%
12,613
|
$767,631,000 | 0.22% |
| United Sts Lime & Minerals I |
4.16%
2,028
|
$738,559,000 | 0.21% |
| Meta Platforms Inc |
10.86%
1,439
|
$725,806,000 | 0.20% |
| Hawkins Inc |
4.83%
7,471
|
$679,864,000 | 0.19% |
| Esquire Finl Hldgs Inc |
Closed
14,063
|
$647,732,000 | |
| Enterprise Prods Partners L |
1.78%
21,959
|
$636,376,000 | 0.18% |
| Intel Corp. |
11.00%
20,517
|
$635,401,000 | 0.18% |
| Trust For Professional Manag |
18.64%
29,078
|
$629,559,000 | 0.18% |
| Miller Inds Inc Tenn |
4.87%
11,431
|
$628,937,000 | 0.18% |
| Squarespace, Inc. |
5.27%
14,370
|
$626,963,000 | 0.18% |
| Unitedhealth Group Inc |
10.73%
1,228
|
$625,391,000 | 0.18% |
| Federal Agric Mtg Corp |
6.31%
3,421
|
$618,518,000 | 0.17% |
| Procter And Gamble Co |
1.58%
3,736
|
$616,068,000 | 0.17% |
| Autonation Inc. |
20.69%
3,841
|
$612,179,000 | 0.17% |
| Altria Group Inc. |
9.76%
13,407
|
$610,680,000 | 0.17% |
| Newmont Corp |
10.69%
14,534
|
$608,533,000 | 0.17% |
| Kyndryl Hldgs Inc |
5.85%
22,975
|
$604,472,000 | 0.17% |
| Karat Packaging, Inc. |
7.01%
20,402
|
$603,483,000 | 0.17% |
| Addus HomeCare Corporation |
Opened
5,151
|
$598,083,000 | 0.17% |
| Corvel Corp. |
5.95%
2,279
|
$579,481,000 | 0.16% |
| Vanguard Index Fds |
No change
4,460
|
$1,191,796,000 | 0.33% |
| Transcat Inc |
5.39%
4,828
|
$577,815,000 | 0.16% |
| Vertex Inc |
6.61%
16,010
|
$577,161,000 | 0.16% |
| Informatica Inc. |
Opened
18,350
|
$566,648,000 | 0.16% |
| PJT Partners Inc |
6.75%
5,237
|
$565,128,000 | 0.16% |
| Ensign Group Inc |
6.75%
4,538
|
$561,321,000 | 0.16% |
| Donnelley Finl Solutions Inc |
6.35%
9,409
|
$560,965,000 | 0.16% |
| Radian Group, Inc. |
6.87%
17,979
|
$559,159,000 | 0.16% |
| Rio Tinto plc |
13.48%
8,468
|
$558,282,000 | 0.16% |
| Vanguard Specialized Funds |
No change
3,054
|
$557,577,000 | 0.16% |
| Blueprint Medicines Corp |
6.81%
5,173
|
$557,546,000 | 0.16% |
| Essent Group Ltd |
6.57%
9,572
|
$537,829,000 | 0.15% |
| Healthstream Inc |
6.79%
19,063
|
$531,858,000 | 0.15% |
| Compx International, Inc. |
Closed
16,000
|
$529,600,000 | |
| Northwest Pipe Co. |
Opened
15,560
|
$528,573,000 | 0.15% |
| Descartes Sys Group Inc |
Opened
5,440
|
$526,810,000 | 0.15% |
| Ncino, Inc. |
Closed
16,368
|
$526,559,000 | |
| Clearwater Paper Corp |
Opened
10,826
|
$524,736,000 | 0.15% |
| Halliburton Co. |
10.23%
15,528
|
$524,536,000 | 0.15% |
| Global Industrial Company |
Closed
12,392
|
$518,120,000 | |
| Euronet Worldwide Inc |
Opened
4,965
|
$513,878,000 | 0.14% |
| Chord Energy Corporation |
6.57%
3,048
|
$511,109,000 | 0.14% |
| Napco Sec Technologies Inc |
Opened
9,711
|
$504,486,000 | 0.14% |
| Starbucks Corp. |
Closed
5,927
|
$503,307,000 | |
| Village Super Mkt Inc |
7.32%
18,983
|
$501,341,000 | 0.14% |
| Vanguard Tax-managed Fds |
No change
10,069
|
$497,629,000 | 0.14% |
| Employers Holdings Inc |
7.57%
11,620
|
$495,361,000 | 0.14% |
| Commvault Sys Inc |
Opened
4,071
|
$494,911,000 | 0.14% |
| Pros Holdings Inc |
Closed
13,817
|
$493,820,000 | |
| Crown Castle Inc |
12.99%
5,009
|
$489,379,000 | 0.14% |
| Oil Dri Corp Amer |
6.56%
7,453
|
$477,638,000 | 0.13% |
| Insteel Inds Inc |
Opened
15,418
|
$477,342,000 | 0.13% |
| Espey Mfg & Electrs Corp |
Opened
22,422
|
$476,477,000 | 0.13% |
| Insmed Inc |
Closed
17,212
|
$469,027,000 | |
| Procore Technologies, Inc. |
9.83%
6,930
|
$459,528,000 | 0.13% |
| Flexsteel Inds Inc |
Closed
12,078
|
$458,843,000 | |
| SM Energy Co |
7.26%
10,422
|
$450,543,000 | 0.13% |
| Andersons Inc. |
8.02%
9,050
|
$448,880,000 | 0.13% |
| Cass Information Sys Inc |
9.41%
10,809
|
$433,124,000 | 0.12% |
| Walmart Inc |
82.26%
6,026
|
$407,997,000 | 0.11% |
| Hormel Foods Corp. |
9.98%
12,495
|
$380,982,000 | 0.11% |
| Ishares Tr |
0.13%
8,766
|
$1,018,748,000 | 0.29% |
| Enbridge Inc |
No change
10,232
|
$364,142,000 | 0.10% |
| Eli Lilly & Co |
2.51%
388
|
$351,716,000 | 0.10% |
| Fedex Corp |
23.45%
1,037
|
$310,954,000 | 0.09% |
| Amazon.com Inc. |
39.51%
1,603
|
$309,780,000 | 0.09% |
| Digital Rlty Tr Inc |
0.79%
2,035
|
$309,482,000 | 0.09% |
| Stryker Corp. |
23.97%
904
|
$307,462,000 | 0.09% |
| Select Sector Spdr Tr |
0.82%
4,449
|
$303,143,000 | 0.08% |
| Tesla Inc |
7.82%
1,520
|
$300,778,000 | 0.08% |
| Dimensional Etf Trust |
0.28%
8,894
|
$286,746,000 | 0.08% |
| Microsoft Corporation |
39.23%
632
|
$282,497,000 | 0.08% |
| Townebank Portsmouth VA |
No change
10,105
|
$275,566,000 | 0.08% |
| Palo Alto Networks Inc |
No change
803
|
$272,225,000 | 0.08% |
| Ford Mtr Co Del |
Opened
21,282
|
$266,877,000 | 0.07% |
| Morgan Stanley |
0.12%
2,600
|
$252,670,000 | 0.07% |
| First Tr Exchange-traded Fd |
Opened
7,426
|
$247,895,000 | 0.07% |
| Grayscale Bitcoin Tr Btc |
No change
4,500
|
$239,580,000 | 0.07% |
| American Tower Corp. |
0.26%
1,147
|
$222,954,000 | 0.06% |
| Salesforce Inc |
No change
828
|
$212,883,000 | 0.06% |
| Bank New York Mellon Corp |
Opened
3,463
|
$207,412,000 | 0.06% |
| Marathon Pete Corp |
Closed
982
|
$205,065,000 | |
| Colgate-Palmolive Co. |
Opened
2,094
|
$203,224,000 | 0.06% |
| Northern Dynasty Minerals Lt |
No change
30,332
|
$9,418,000 | 0.00% |
| Benson Hill Inc |
Opened
45,454
|
$6,927,000 | 0.00% |
| BurgerFi International, Inc. |
34.38%
25,406
|
$5,157,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 186 holdings | |||
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