Rede Wealth 13F annual report
Rede Wealth is an investment fund managing more than $238 billion ran by Joel Hergenreter. There are currently 61 companies in Mr. Hergenreter’s portfolio. The largest investments include Berkshire Hathaway and Apple Inc, together worth $148 billion.
$238 billion Assets Under Management (AUM)
As of 26th April 2024, Rede Wealth’s top holding is 8,784 shares of Berkshire Hathaway currently worth over $139 billion and making up 58.6% of the portfolio value.
Relative to the number of outstanding shares of Berkshire Hathaway, Rede Wealth owns more than approximately 0.1% of the company.
In addition, the fund holds 50,478 shares of Apple Inc worth $8.66 billion, whose value fell 2.0% in the past six months.
The third-largest holding is Ishares Tr worth $25.8 billion and the next is Johnson Johnson worth $6.02 billion, with 38,071 shares owned.
Currently, Rede Wealth's portfolio is worth at least $238 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 Rede Wealth
The Rede Wealth office and employees reside in Charlottesville, Virginia. According to the last 13-F report filed with the SEC, Joel Hergenreter serves as the Consultant at Rede Wealth.
Recent trades
In the most recent 13F filing, Rede Wealth revealed that it had opened a new position in
Invesco Exch Traded Fd Tr Ii and bought 6,935 shares worth $320 million.
The investment fund also strengthened its position in Apple Inc by buying
14 additional shares.
This makes their stake in Apple Inc total 50,478 shares worth $8.66 billion.
Apple Inc soared 3.3% in the past year.
On the other hand, there are companies that Rede Wealth is getting rid of from its portfolio.
Rede Wealth closed its position in Ishares Tr on 3rd May 2024.
It sold the previously owned 5,976 shares for $285 million.
Joel Hergenreter also disclosed a decreased stake in Berkshire Hathaway by approximately 0.1%.
This leaves the value of the investment at $139 billion and 8,784 shares.
One of the smaller hedge funds
The two most similar investment funds to Rede Wealth are Vert Asset Management and Riposte Capital. They manage $238 billion and $238 billion respectively.
Joel Hergenreter investment strategy
Rede Wealth’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Finance — making up 59.9% of
the total portfolio value.
The fund focuses on investments in the United States as
44.3% 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
48% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $358 billion.
The complete list of Rede Wealth trades based on 13F SEC filings
These positions were updated on May 3rd 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 |
|---|---|---|---|
| Berkshire Hathaway Inc. |
2.53%
8,784
|
$139,374,016,000 | 58.62% |
| Apple Inc |
0.03%
50,478
|
$8,656,022,000 | 3.64% |
| Ishares Tr |
12.09%
289,224
|
$25,782,706,000 | 10.84% |
| Johnson Johnson |
0.61%
38,071
|
$6,022,391,000 | 2.53% |
| Amazon.com Inc. |
0.06%
26,902
|
$4,852,583,000 | 2.04% |
| Microsoft Corporation |
1.45%
8,278
|
$3,482,918,000 | 1.46% |
| Spdr Sp 500 Etf Tr |
9.48%
5,509
|
$2,881,677,000 | 1.21% |
| NVIDIA Corp |
1.73%
3,006
|
$2,716,102,000 | 1.14% |
| Exxon Mobil Corp. |
2.19%
20,831
|
$2,421,423,000 | 1.02% |
| Coinbase Global Inc |
1.21%
7,858
|
$2,083,313,000 | 0.88% |
| Vanguard Mun Bd Fds |
35.32%
38,317
|
$1,938,840,000 | 0.82% |
| Unitedhealth Group Inc |
0.06%
3,618
|
$1,789,727,000 | 0.75% |
| Spdr Ser Tr |
27.11%
104,616
|
$4,342,987,000 | 1.83% |
| Vanguard Malvern Fds |
34.49%
34,692
|
$1,661,400,000 | 0.70% |
| Schwab Strategic Tr |
15.55%
63,811
|
$3,443,181,000 | 1.45% |
| Applied Matls Inc |
11.02%
7,265
|
$1,498,261,000 | 0.63% |
| Invesco Exch Traded Fd Tr Ii |
0.36%
38,365
|
$2,570,843,000 | 1.08% |
| Procter And Gamble Co |
2.96%
6,717
|
$1,089,786,000 | 0.46% |
| Mcdonalds Corp |
0.03%
3,644
|
$1,027,297,000 | 0.43% |
| Vanguard Index Fds |
40.60%
8,072
|
$1,441,728,000 | 0.61% |
| Netflix Inc. |
No change
1,465
|
$889,738,000 | 0.37% |
| Enterprise Prods Partners L |
0.30%
28,195
|
$822,739,000 | 0.35% |
| Verizon Communications Inc |
2.08%
17,887
|
$750,538,000 | 0.32% |
| Jpmorgan Chase Co |
3.33%
3,694
|
$739,818,000 | 0.31% |
| Automatic Data Processing In |
4.32%
2,897
|
$723,556,000 | 0.30% |
| Visa Inc |
0.21%
2,361
|
$658,805,000 | 0.28% |
| Norfolk Southn Corp |
No change
2,550
|
$650,029,000 | 0.27% |
| Aon plc. |
No change
1,898
|
$633,401,000 | 0.27% |
| CSX Corp. |
5.75%
16,217
|
$601,168,000 | 0.25% |
| Mastercard Incorporated |
4.34%
1,203
|
$579,089,000 | 0.24% |
| Blackrock Inc. |
1.17%
689
|
$574,523,000 | 0.24% |
| Starbucks Corp. |
0.54%
5,863
|
$535,815,000 | 0.23% |
| Nushares Etf Tr |
19.35%
14,721
|
$833,886,000 | 0.35% |
| Chubb Limited |
9.43%
1,856
|
$480,946,000 | 0.20% |
| Shopify Inc |
No change
5,934
|
$457,927,000 | 0.19% |
| Union Pac Corp |
No change
1,689
|
$415,376,000 | 0.17% |
| Att Inc |
0.67%
23,020
|
$405,155,000 | 0.17% |
| First Tr Exchange-traded Fd |
8.08%
8,098
|
$390,729,000 | 0.16% |
| Disney Walt Co |
10.57%
3,138
|
$383,988,000 | 0.16% |
| Tesla Inc |
7.88%
2,162
|
$380,058,000 | 0.16% |
| Truist Finl Corp |
36.05%
9,567
|
$372,910,000 | 0.16% |
| Coca-Cola Co |
7.40%
5,807
|
$355,272,000 | 0.15% |
| RTX Corp |
10.72%
3,554
|
$346,622,000 | 0.15% |
| Mondelez International Inc. |
6.54%
4,951
|
$346,603,000 | 0.15% |
| Abbvie Inc |
13.74%
1,871
|
$340,726,000 | 0.14% |
| Caterpillar Inc. |
15.47%
918
|
$336,454,000 | 0.14% |
| Chevron Corp. |
0.05%
2,120
|
$334,339,000 | 0.14% |
| Oneok Inc. |
3.94%
4,046
|
$324,368,000 | 0.14% |
| Cisco Sys Inc |
22.57%
6,425
|
$320,675,000 | 0.13% |
| Invesco Exch Traded Fd Tr Ii |
Opened
6,935
|
$320,328,000 | 0.13% |
| Spdr Ser Tr |
Opened
13,592
|
$318,868,000 | 0.13% |
| Eaton Corp Plc |
No change
1,003
|
$313,618,000 | 0.13% |
| Alphabet Inc |
15.30%
1,952
|
$294,615,000 | 0.12% |
| Fedex Corp |
0.50%
1,011
|
$292,905,000 | 0.12% |
| Ishares Tr |
Closed
5,976
|
$285,294,000 | |
| First Tr Nas100 Eq Weighted |
No change
2,169
|
$268,739,000 | 0.11% |
| Ishares Tr |
Opened
7,765
|
$700,540,000 | 0.29% |
| Hexcel Corp. |
0.06%
3,391
|
$247,008,000 | 0.10% |
| 3M Co. |
5.86%
2,328
|
$246,957,000 | 0.10% |
| Spdr Index Shs Fds |
28.10%
6,735
|
$243,740,000 | 0.10% |
| Elevance Health Inc |
Opened
426
|
$220,898,000 | 0.09% |
| Intel Corp. |
0.02%
4,990
|
$220,395,000 | 0.09% |
| No transactions found | |||
| Showing first 500 out of 62 holdings | |||
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