Palo Alto Wealth Advisors 13F annual report
Palo Alto Wealth Advisors is an investment fund managing more than $141 billion ran by Nathan Blair. There are currently 28 companies in Mr. Blair’s portfolio. The largest investments include VanEck ETF Trust and Wisdomtree Tr, together worth $53.3 billion.
$141 billion Assets Under Management (AUM)
As of 23rd April 2024, Palo Alto Wealth Advisors’s top holding is 321,633 shares of VanEck ETF Trust currently worth over $28.9 billion and making up 20.5% of the portfolio value.
Relative to the number of outstanding shares of VanEck ETF Trust, Palo Alto Wealth Advisors owns more than 0.6% of the company.
In addition, the fund holds 379,018 shares of Wisdomtree Tr worth $24.3 billion.
The third-largest holding is Ishares Tr worth $24.6 billion and the next is Alphabet Inc worth $19.7 billion, with 129,781 shares owned.
Currently, Palo Alto Wealth Advisors's portfolio is worth at least $141 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 Palo Alto Wealth Advisors
The Palo Alto Wealth Advisors office and employees reside in Palo Alto, California. According to the last 13-F report filed with the SEC, Nathan Blair serves as the Chief Compliance Officer at Palo Alto Wealth Advisors.
Recent trades
In the most recent 13F filing, Palo Alto Wealth Advisors revealed that it had opened a new position in
Pimco Etf Tr and bought 4,418 shares worth $232 million.
The investment fund also strengthened its position in VanEck ETF Trust by buying
16,615 additional shares.
This makes their stake in VanEck ETF Trust total 321,633 shares worth $28.9 billion.
VanEck ETF Trust dropped approximately 0.1% in the past year.
On the other hand, there are companies that Palo Alto Wealth Advisors is getting rid of from its portfolio.
Palo Alto Wealth Advisors closed its position in PayPal Inc on 30th April 2024.
It sold the previously owned 7,129 shares for $438 million.
Nathan Blair also disclosed a decreased stake in Wisdomtree Tr by approximately 0.1%.
This leaves the value of the investment at $24.3 billion and 379,018 shares.
One of the smallest hedge funds
The two most similar investment funds to Palo Alto Wealth Advisors are Granite Advisors and Garrison Point Advisors. They manage $141 billion and $141 billion respectively.
Nathan Blair investment strategy
Palo Alto Wealth Advisors’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Miscellaneous — making up 23.8% of
the total portfolio value.
The fund focuses on investments in the United States as
39.3% 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
39% of the total holdings value.
On the other hand, small-cap stocks make up 14.3% of the portfolio.
The average market cap of the portfolio companies is close to $458 billion.
The complete list of Palo Alto Wealth Advisors trades based on 13F SEC filings
These positions were updated on April 30th 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 |
|---|---|---|---|
| VanEck ETF Trust |
5.45%
321,633
|
$28,914,807,000 | 20.45% |
| Wisdomtree Tr |
7.70%
379,018
|
$24,341,469,000 | 17.22% |
| Ishares Tr |
17.24%
217,204
|
$24,626,993,000 | 17.42% |
| Alphabet Inc |
10.52%
129,781
|
$19,698,158,000 | 13.93% |
| Microsoft Corporation |
19.90%
22,687
|
$9,544,726,000 | 6.75% |
| John Hancock Exchange Traded |
12.76%
153,397
|
$8,801,920,000 | 6.23% |
| Goldman Sachs Etf Tr |
12.84%
184,719
|
$6,334,026,000 | 4.48% |
| Apple Inc |
0.13%
20,455
|
$3,507,625,000 | 2.48% |
| KraneShares Trust |
14.20%
99,048
|
$2,916,878,000 | 2.06% |
| Amazon.com Inc. |
No change
8,461
|
$1,526,195,000 | 1.08% |
| Spdr Sp 500 Etf Tr |
1.31%
2,635
|
$1,382,492,000 | 0.98% |
| NVIDIA Corp |
8.67%
1,369
|
$1,237,026,000 | 0.88% |
| Okta Inc |
14.71%
9,928
|
$1,038,667,000 | 0.73% |
| Innovator ETFs Trust |
1.15%
39,526
|
$1,317,982,000 | 0.93% |
| Vanguard Specialized Funds |
0.43%
3,939
|
$719,247,000 | 0.51% |
| Meta Platforms Inc |
0.07%
1,360
|
$660,554,000 | 0.47% |
| Uber Technologies Inc |
15.91%
7,400
|
$569,726,000 | 0.40% |
| J P Morgan Exchange Traded F |
14.80%
11,072
|
$516,432,000 | 0.37% |
| Spdr Ser Tr |
3.03%
3,025
|
$440,531,000 | 0.31% |
| Vanguard Index Fds |
23.90%
3,213
|
$778,043,000 | 0.55% |
| PayPal Holdings Inc |
Closed
7,129
|
$437,792,000 | |
| Jpmorgan Chase Co |
No change
1,983
|
$397,195,000 | 0.28% |
| Pinterest Inc |
71.28%
10,792
|
$374,159,000 | 0.26% |
| Oracle Corp. |
No change
2,689
|
$337,765,000 | 0.24% |
| Vanguard Tax-managed Fds |
5.64%
5,677
|
$284,824,000 | 0.20% |
| Pimco Etf Tr |
Opened
4,418
|
$231,790,000 | 0.16% |
| VanEck ETF Trust |
Opened
5,219
|
$437,700,000 | 0.31% |
| Tesla Inc |
61.80%
1,236
|
$217,276,000 | 0.15% |
| Vanguard Index Fds |
Opened
822
|
$213,607,000 | 0.15% |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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