Investment Advisory 13F annual report
Investment Advisory is an investment fund managing more than $256 billion ran by Jay Richards. There are currently 93 companies in Mr. Richards’s portfolio. The largest investments include Dimensional Etf Trust and Vanguard Index Fds, together worth $70.5 billion.
$256 billion Assets Under Management (AUM)
As of 24th July 2024, Investment Advisory’s top holding is 1,086,884 shares of Dimensional Etf Trust currently worth over $38.7 billion and making up 15.1% of the portfolio value.
In addition, the fund holds 127,322 shares of Vanguard Index Fds worth $31.8 billion.
The third-largest holding is Vanguard Whitehall Fds worth $20.3 billion and the next is Ishares Tr worth $83.7 billion, with 1,017,417 shares owned.
Currently, Investment Advisory's portfolio is worth at least $256 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 Investment Advisory
The Investment Advisory office and employees reside in Hanover, Massachusetts. According to the last 13-F report filed with the SEC, Jay Richards serves as the Chief Compliance Officer at Investment Advisory.
Recent trades
In the most recent 13F filing, Investment Advisory revealed that it had opened a new position in
Dimensional Etf Trust and bought 43,834 shares worth $2.31 billion.
The investment fund also strengthened its position in Dimensional Etf Trust by buying
73,117 additional shares.
This makes their stake in Dimensional Etf Trust total 1,086,884 shares worth $38.7 billion.
On the other hand, there are companies that Investment Advisory is getting rid of from its portfolio.
Investment Advisory closed its position in Ishares Tr on 31st July 2024.
It sold the previously owned 3,134 shares for $279 million.
Jay Richards also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $6.89 billion and 32,723 shares.
One of the smaller hedge funds
The two most similar investment funds to Investment Advisory are Naman Capital Ltda and Ark & Tlk Investments. They manage $256 billion and $256 billion respectively.
Jay Richards investment strategy
Investment Advisory’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 5.1% of
the total portfolio value.
The fund focuses on investments in the United States as
43.0% 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
40% of the total holdings value.
On the other hand, small-cap stocks make up only 3.2% of the portfolio.
The average market cap of the portfolio companies is close to $297 billion.
The complete list of Investment Advisory trades based on 13F SEC filings
These positions were updated on July 31st 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 |
7.21%
1,086,884
|
$38,690,270,000 | 15.09% |
| Vanguard Index Fds |
5.50%
127,322
|
$31,842,241,000 | 12.42% |
| Vanguard Whitehall Fds |
11.35%
195,846
|
$20,324,886,000 | 7.93% |
| Ishares Tr |
6.81%
1,017,417
|
$83,727,852,000 | 32.66% |
| Apple Inc |
0.15%
32,723
|
$6,892,083,000 | 2.69% |
| Microsoft Corporation |
9.44%
12,059
|
$5,389,816,000 | 2.10% |
| Vanguard Specialized Funds |
2.93%
27,018
|
$4,932,145,000 | 1.92% |
| Amazon.com Inc. |
2.95%
23,010
|
$4,446,681,000 | 1.73% |
| Procter And Gamble Co |
1.60%
21,828
|
$3,599,947,000 | 1.40% |
| Vanguard Scottsdale Fds |
13.34%
68,246
|
$4,484,157,000 | 1.75% |
| Spdr Sp Midcap 400 Etf Tr |
2.81%
3,557
|
$1,903,026,000 | 0.74% |
| Schwab Strategic Tr |
5.87%
25,235
|
$2,009,988,000 | 0.78% |
| Dimensional Etf Trust |
Opened
43,834
|
$2,307,572,000 | 0.90% |
| NVIDIA Corp |
1,092.02%
12,242
|
$1,512,318,000 | 0.59% |
| Exxon Mobil Corp. |
3.43%
13,135
|
$1,512,127,000 | 0.59% |
| Alphabet Inc |
1.38%
12,641
|
$2,312,151,000 | 0.90% |
| Berkshire Hathaway Inc. |
5.93%
3,393
|
$1,380,272,000 | 0.54% |
| Meta Platforms Inc |
3.97%
2,567
|
$1,294,093,000 | 0.50% |
| Realty Income Corp. |
8.46%
24,449
|
$1,291,376,000 | 0.50% |
| Fidelity Merrimack Str Tr |
109.06%
28,696
|
$1,289,325,000 | 0.50% |
| Tesla Inc |
5.97%
6,215
|
$1,229,869,000 | 0.48% |
| Vanguard Scottsdale Fds |
Opened
10,601
|
$1,541,695,000 | 0.60% |
| Vanguard Intl Equity Index F |
4.61%
31,768
|
$1,461,649,000 | 0.57% |
| Vanguard Bd Index Fds |
7.87%
23,084
|
$1,576,719,000 | 0.62% |
| Vanguard Star Fds |
9.87%
18,805
|
$1,133,965,000 | 0.44% |
| Jpmorgan Chase Co. |
26.99%
4,677
|
$946,065,000 | 0.37% |
| Vanguard Admiral Fds Inc |
0.07%
2,776
|
$925,779,000 | 0.36% |
| Ishares U S Etf Tr |
2.26%
18,123
|
$912,131,000 | 0.36% |
| Prologis Inc |
No change
7,226
|
$811,552,000 | 0.32% |
| Spdr Sp 500 Etf Tr |
7.42%
1,491
|
$811,174,000 | 0.32% |
| Select Sector Spdr Tr |
11.69%
27,215
|
$1,437,709,000 | 0.56% |
| Fidelity Covington Trust |
11.99%
40,384
|
$1,434,090,000 | 0.56% |
| Johnson Johnson |
13.48%
5,090
|
$743,943,000 | 0.29% |
| Verizon Communications Inc |
0.79%
15,888
|
$655,210,000 | 0.26% |
| Abbvie Inc |
0.40%
3,764
|
$645,523,000 | 0.25% |
| AMGEN Inc. |
0.20%
2,041
|
$637,710,000 | 0.25% |
| Spdr Gold Tr |
No change
2,871
|
$617,294,000 | 0.24% |
| Spdr Ser Tr |
17.71%
13,447
|
$939,805,000 | 0.37% |
| Waters Corp. |
Opened
2,062
|
$598,208,000 | 0.23% |
| Eli Lilly Co |
1.63%
624
|
$565,364,000 | 0.22% |
| Proshares Tr |
Opened
5,350
|
$514,344,000 | 0.20% |
| Welltower Inc. |
2.26%
4,846
|
$505,196,000 | 0.20% |
| Vanguard Tax-managed Fds |
19.56%
10,184
|
$503,285,000 | 0.20% |
| International Business Machs |
26.97%
2,853
|
$493,352,000 | 0.19% |
| Ishares Inc |
8.66%
9,089
|
$486,513,000 | 0.19% |
| Att Inc |
0.52%
24,252
|
$463,457,000 | 0.18% |
| Ametek Inc |
0.18%
2,712
|
$452,118,000 | 0.18% |
| Walmart Inc |
Opened
6,056
|
$410,028,000 | 0.16% |
| Pimco Etf Tr |
Opened
7,063
|
$670,016,000 | 0.26% |
| American Centy Etf Tr |
No change
7,950
|
$365,859,000 | 0.14% |
| RTX Corp |
9.87%
3,506
|
$351,922,000 | 0.14% |
| Wells Fargo Co New |
0.62%
5,883
|
$349,400,000 | 0.14% |
| Waste Mgmt Inc Del |
0.74%
1,627
|
$347,082,000 | 0.14% |
| Vertex Pharmaceuticals, Inc. |
12.11%
711
|
$333,260,000 | 0.13% |
| Advanced Micro Devices Inc. |
0.65%
2,025
|
$328,475,000 | 0.13% |
| Altria Group Inc. |
4.86%
6,851
|
$312,063,000 | 0.12% |
| Abbott Labs |
2.76%
2,976
|
$309,221,000 | 0.12% |
| Bank America Corp |
15.90%
7,705
|
$306,445,000 | 0.12% |
| Fortinet Inc |
0.36%
5,026
|
$302,917,000 | 0.12% |
| Schwab Strategic Tr |
Opened
7,866
|
$302,202,000 | 0.12% |
| Mastercard Incorporated |
24.77%
665
|
$293,489,000 | 0.11% |
| Edwards Lifesciences Corp |
7.18%
3,140
|
$290,042,000 | 0.11% |
| Spdr Index Shs Fds |
Opened
4,842
|
$280,459,000 | 0.11% |
| Stryker Corp. |
Opened
821
|
$279,346,000 | 0.11% |
| Ishares Tr |
Closed
3,134
|
$279,111,000 | |
| CVS Health Corp |
Closed
3,517
|
$277,737,000 | |
| Chevron Corp. |
3.51%
1,702
|
$266,188,000 | 0.10% |
| Invesco Exchange Traded Fd T |
No change
2,800
|
$264,473,000 | 0.10% |
| RLI Corp. |
0.11%
1,854
|
$260,839,000 | 0.10% |
| Merck Co Inc |
0.82%
2,080
|
$257,504,000 | 0.10% |
| Cisco Sys Inc |
0.54%
5,413
|
$257,152,000 | 0.10% |
| Parsons Corp |
Closed
4,006
|
$251,216,000 | |
| Public Storage Oper Co |
Opened
856
|
$246,228,000 | 0.10% |
| Unitedhealth Group Inc |
6.15%
483
|
$245,993,000 | 0.10% |
| Oracle Corp. |
Opened
1,709
|
$241,311,000 | 0.09% |
| Boeing Co. |
Closed
923
|
$240,589,000 | |
| Intel Corp. |
8.30%
7,758
|
$240,260,000 | 0.09% |
| Pepsico Inc |
4.99%
1,453
|
$239,613,000 | 0.09% |
| Workday Inc |
Opened
1,042
|
$232,950,000 | 0.09% |
| Ishares Gold Tr |
No change
5,193
|
$228,128,000 | 0.09% |
| Home Depot, Inc. |
1.07%
660
|
$227,031,000 | 0.09% |
| Visa Inc |
0.58%
863
|
$226,624,000 | 0.09% |
| Disney Walt Co |
18.52%
2,231
|
$221,536,000 | 0.09% |
| Ishares Silver Tr |
Opened
8,205
|
$218,007,000 | 0.09% |
| Repligen Corp. |
No change
1,720
|
$216,823,000 | 0.08% |
| Fidelity Covington Trust |
Opened
7,025
|
$214,953,000 | 0.08% |
| Select Sector Spdr Tr |
Opened
2,348
|
$214,039,000 | 0.08% |
| Honeywell International Inc |
10.26%
988
|
$211,084,000 | 0.08% |
| Novo-nordisk A S |
Opened
1,450
|
$206,973,000 | 0.08% |
| Analog Devices Inc. |
Opened
906
|
$206,821,000 | 0.08% |
| Coca-Cola Co |
7.53%
3,232
|
$205,738,000 | 0.08% |
| American Centy Etf Tr |
Opened
3,600
|
$204,255,000 | 0.08% |
| Boston Scientific Corp. |
Opened
2,650
|
$204,076,000 | 0.08% |
| Vanguard Index Fds |
Opened
885
|
$203,161,000 | 0.08% |
| Vanguard Bd Index Fds |
Closed
2,628
|
$202,400,000 | |
| Starbucks Corp. |
7.25%
2,585
|
$201,268,000 | 0.08% |
| Nuveen Floating Rate Income |
No change
17,999
|
$155,694,000 | 0.06% |
| Eos Energy Enterprises, Inc. |
No change
21,500
|
$27,305,000 | 0.01% |
| Workhorse Group Inc |
Closed
10,150
|
$3,654,000 | |
| No transactions found | |||
| Showing first 500 out of 99 holdings | |||
Hedge funds similar to Investment Advisory
- Southern Wealth Management, LL.P.
- Nordwand Advisors
- Hook Mill Capital Partners, L.P.
- Tfg Advisers
- High Ground Investment Management LL.P.
- Partners
- Naman Capital Ltda
- Ark & Tlk Investments
- Valley Forge Investment Consultants Inc Adv
- Alpinvest Partners B.v
- Alm First Advisors
- Corundum
- Allred Capital Management
- Seven Springs Wealth