Fidelis Im 13F annual report

Fidelis Im is an investment fund managing more than $199 million ran by Tracy Richards. There are currently 11 companies in Mrs. Richards’s portfolio. The largest investments include Vanguard Bd Index Fds and Vanguard Specialized Funds, together worth $64.7 million.

$199 million Assets Under Management (AUM)

As of 10th April 2024, Fidelis Im’s top holding is 480,943 shares of Vanguard Bd Index Fds currently worth over $35.1 million and making up 17.7% of the portfolio value. In addition, the fund holds 161,841 shares of Vanguard Specialized Funds worth $29.6 million. The third-largest holding is Schwab Strategic Tr worth $53.1 million and the next is Vanguard Index Fds worth $28.4 million, with 163,746 shares owned.

Currently, Fidelis Im's portfolio is worth at least $199 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 Fidelis Im

The Fidelis Im office and employees reside in Medford, Oregon. According to the last 13-F report filed with the SEC, Tracy Richards serves as the Director of Operations at Fidelis Im.

Recent trades

In the most recent 13F filing, Fidelis Im revealed that it had opened a new position in Johnson Johnson and bought 1,279 shares worth $202 thousand.

The investment fund also strengthened its position in Vanguard Bd Index Fds by buying 14,083 additional shares. This makes their stake in Vanguard Bd Index Fds total 480,943 shares worth $35.1 million.

On the other hand, there are companies that Fidelis Im is getting rid of from its portfolio. Fidelis Im closed its position in Air Prods & Chems Inc on 17th April 2024. It sold the previously owned 708 shares for $201 thousand. Tracy Richards also disclosed a decreased stake in Microsoft by 0.2%. This leaves the value of the investment at $704 thousand and 1,674 shares.

One of the smallest hedge funds

The two most similar investment funds to Fidelis Im are Cardinal Point Wealth Management and State Of Wyoming. They manage $198 million and $198 million respectively.

Tracy Richards investment strategy

Fidelis Im’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Technology — making up 0.4% of the total portfolio value. The fund focuses on investments in the United States as 18.2% 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 18% 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 $1.1 trillion.

The complete list of Fidelis Im trades based on 13F SEC filings

These positions were updated on April 17th 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 Bd Index Fds	3.02% 480,943	$35,123,000	17.67%
Vanguard Specialized Funds	0.23% 161,841	$29,553,000	14.87%
Schwab Strategic Tr	1.71% 1,001,677	$53,095,000	26.71%
Vanguard Index Fds	6.14% 163,746	$28,379,000	14.28%
Vanguard Scottsdale Fds	4.60% 219,384	$16,960,000	8.53%
Vanguard Star Fds	4.63% 272,272	$16,439,000	8.27%
Wisdomtree Tr	3.18% 171,898	$12,409,000	6.24%
Vanguard Malvern Fds	7.38% 110,666	$5,299,000	2.67%
Microsoft Corporation	22.79% 1,674	$704,000	0.35%
Home Depot, Inc.	23.41% 1,577	$605,000	0.30%
Johnson Johnson	Opened 1,279	$202,000	0.10%
Air Prods & Chems Inc	Closed 708	$201,000
No transactions found
Showing first 500 out of 12 holdings