Mgo Private Wealth 13F annual report
Mgo Private Wealth is an investment fund managing more than $159 billion ran by Charles Young. There are currently 50 companies in Mr. Young’s portfolio. The largest investments include Vanguard Index Fds and Vanguard Scottsdale Fds, together worth $56.6 billion.
$159 billion Assets Under Management (AUM)
As of 26th July 2024, Mgo Private Wealth’s top holding is 136,475 shares of Vanguard Index Fds currently worth over $44.5 billion and making up 28.0% of the portfolio value.
In addition, the fund holds 204,751 shares of Vanguard Scottsdale Fds worth $12.1 billion.
The third-largest holding is Ishares Tr worth $15 billion and the next is Vanguard Bd Index Fds worth $10.9 billion, with 150,847 shares owned.
Currently, Mgo Private Wealth's portfolio is worth at least $159 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 Mgo Private Wealth
The Mgo Private Wealth office and employees reside in Irvine, California. According to the last 13-F report filed with the SEC, Charles Young serves as the Chief Compliance Officer at Mgo Private Wealth.
Recent trades
In the most recent 13F filing, Mgo Private Wealth revealed that it had opened a new position in
Vanguard Wellington Fd and bought 13,433 shares worth $1.34 billion.
The investment fund also strengthened its position in Vanguard Scottsdale Fds by buying
11,343 additional shares.
This makes their stake in Vanguard Scottsdale Fds total 204,751 shares worth $12.1 billion.
On the other hand, there are companies that Mgo Private Wealth is getting rid of from its portfolio.
Mgo Private Wealth closed its position in Ishares Inc on 2nd August 2024.
It sold the previously owned 18,254 shares for $761 million.
Charles Young also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $44.5 billion and 136,475 shares.
One of the smallest hedge funds
The two most similar investment funds to Mgo Private Wealth are Scp Investment, L.P. and Criterion Capital Advisors. They manage $159 billion and $159 billion respectively.
Charles Young investment strategy
Mgo Private Wealth’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 5.7% of
the total portfolio value.
The fund focuses on investments in the United States as
44.0% 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
44% of the total holdings value.
On the other hand, small-cap stocks make up only 4.0% of the portfolio.
The average market cap of the portfolio companies is close to $416 billion.
The complete list of Mgo Private Wealth trades based on 13F SEC filings
These positions were updated on August 2nd 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 Index Fds |
4.89%
136,475
|
$44,503,127,000 | 28.03% |
| Vanguard Scottsdale Fds |
5.86%
204,751
|
$12,075,103,000 | 7.61% |
| Ishares Tr |
1.83%
193,397
|
$14,955,914,000 | 9.42% |
| Vanguard Bd Index Fds |
6.88%
150,847
|
$10,910,863,000 | 6.87% |
| Spdr Sp 500 Etf Tr |
4.07%
12,555
|
$6,832,922,000 | 4.30% |
| Vanguard Intl Equity Index F |
5.24%
289,717
|
$17,307,689,000 | 10.90% |
| Apple Inc |
2.04%
26,198
|
$5,517,782,000 | 3.48% |
| Blackstone Secd Lending Fd |
No change
111,351
|
$3,409,568,000 | 2.15% |
| Vanguard Mun Bd Fds |
53.87%
66,657
|
$3,340,182,000 | 2.10% |
| Global X Fds |
5.97%
124,736
|
$4,635,093,000 | 2.92% |
| Amazon.com Inc. |
0.63%
15,951
|
$3,082,555,000 | 1.94% |
| Microsoft Corporation |
0.30%
5,055
|
$2,259,549,000 | 1.42% |
| Select Sector Spdr Tr |
46.33%
25,885
|
$2,428,248,000 | 1.53% |
| Ishares Inc |
2.26%
71,091
|
$3,165,366,000 | 1.99% |
| Spdr Ser Tr |
1.90%
86,038
|
$2,898,072,000 | 1.83% |
| Alphabet Inc |
5.74%
11,165
|
$2,037,098,000 | 1.28% |
| Vanguard Whitehall Fds |
66.78%
27,180
|
$1,932,375,000 | 1.22% |
| Wisdomtree Tr |
1.00%
20,090
|
$1,423,012,000 | 0.90% |
| Vanguard Wellington Fd |
Opened
13,433
|
$1,344,240,000 | 0.85% |
| NVIDIA Corp |
1,162.42%
10,415
|
$1,286,675,000 | 0.81% |
| VanEck ETF Trust |
5.07%
13,601
|
$953,702,000 | 0.60% |
| Berkshire Hathaway Inc. |
1.29%
2,296
|
$934,013,000 | 0.59% |
| Crowdstrike Holdings Inc |
3.94%
2,217
|
$849,532,000 | 0.54% |
| Costco Whsl Corp New |
1.37%
961
|
$816,840,000 | 0.51% |
| Spdr Ser Tr |
Opened
8,857
|
$812,895,000 | 0.51% |
| Ishares Inc |
Closed
18,254
|
$761,192,000 | |
| Vanguard Malvern Fds |
16.02%
15,287
|
$742,028,000 | 0.47% |
| Disney Walt Co |
0.41%
7,336
|
$728,403,000 | 0.46% |
| Visa Inc |
No change
2,643
|
$693,708,000 | 0.44% |
| Mastercard Incorporated |
No change
1,358
|
$599,095,000 | 0.38% |
| Schwab Strategic Tr |
Closed
11,590
|
$568,490,000 | |
| Home Depot, Inc. |
No change
1,529
|
$526,343,000 | 0.33% |
| Zoetis Inc |
No change
2,957
|
$512,626,000 | 0.32% |
| Meta Platforms Inc |
1.42%
855
|
$431,108,000 | 0.27% |
| Jpmorgan Chase Co. |
0.85%
2,102
|
$425,151,000 | 0.27% |
| Broadcom Inc |
No change
234
|
$375,694,000 | 0.24% |
| Procter And Gamble Co |
1.43%
2,131
|
$351,445,000 | 0.22% |
| Unitedhealth Group Inc |
No change
637
|
$324,399,000 | 0.20% |
| Walmart Inc |
0.18%
4,351
|
$294,623,000 | 0.19% |
| Danaher Corp. |
No change
1,149
|
$287,078,000 | 0.18% |
| Thermo Fisher Scientific Inc. |
No change
511
|
$282,583,000 | 0.18% |
| Tjx Cos Inc New |
No change
2,494
|
$274,589,000 | 0.17% |
| Linde Plc. |
No change
546
|
$239,590,000 | 0.15% |
| Invesco Exch Traded Fd Tr Ii |
0.05%
3,653
|
$237,231,000 | 0.15% |
| Sp Global Inc |
No change
511
|
$227,906,000 | 0.14% |
| DraftKings Inc. |
2.95%
5,930
|
$226,348,000 | 0.14% |
| Abbott Labs |
No change
2,156
|
$224,030,000 | 0.14% |
| Netflix Inc. |
Opened
317
|
$213,937,000 | 0.13% |
| Intuit Inc |
No change
322
|
$211,622,000 | 0.13% |
| Verisk Analytics Inc |
Opened
749
|
$201,893,000 | 0.13% |
| Amphenol Corp. |
Opened
2,996
|
$201,841,000 | 0.13% |
| Invesco Actvely Mngd Etc Fd |
No change
14,030
|
$197,122,000 | 0.12% |
| Asensus Surgical Inc |
Closed
10,000
|
$2,300,000 | |
| No transactions found | |||
| Showing first 500 out of 53 holdings | |||
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