Black Diamond 13F annual report
Black Diamond is an investment fund managing more than $515 billion ran by Matt Goette. There are currently 83 companies in Mr. Goette’s portfolio. The largest investments include Vanguard World Fd and Schwab Strategic Tr, together worth $227 billion.
$515 billion Assets Under Management (AUM)
As of 2nd August 2024, Black Diamond’s top holding is 864,217 shares of Vanguard World Fd currently worth over $138 billion and making up 26.9% of the portfolio value.
In addition, the fund holds 1,443,374 shares of Schwab Strategic Tr worth $88.4 billion.
The third-largest holding is Ishares Tr worth $36.5 billion and the next is Spdr Ser Tr worth $24.6 billion, with 725,677 shares owned.
Currently, Black Diamond's portfolio is worth at least $515 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 Black Diamond
The Black Diamond office and employees reside in Towson, Maryland. According to the last 13-F report filed with the SEC, Matt Goette serves as the Matt Goette at Black Diamond.
Recent trades
In the most recent 13F filing, Black Diamond revealed that it had opened a new position in
Ishares Tr and bought 468,235 shares worth $36.5 billion.
The investment fund also strengthened its position in Vanguard World Fd by buying
48,717 additional shares.
This makes their stake in Vanguard World Fd total 864,217 shares worth $138 billion.
On the other hand, there are companies that Black Diamond is getting rid of from its portfolio.
Black Diamond closed its position in Vanguard Scottsdale Fds on 9th August 2024.
It sold the previously owned 3,722 shares for $217 million.
Matt Goette also disclosed a decreased stake in Vanguard Scottsdale Fds by 0.2%.
This leaves the value of the investment at $6.97 billion and 89,968 shares.
One of the average hedge funds
The two most similar investment funds to Black Diamond are Ropes Wealth Advisors and Somerville Kurt F. They manage $515 billion and $515 billion respectively.
Matt Goette investment strategy
Black Diamond’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Miscellaneous — making up 2.1% of
the total portfolio value.
The fund focuses on investments in the United States as
43.4% 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
37% of the total holdings value.
On the other hand, small-cap stocks make up only 2.4% of the portfolio.
The average market cap of the portfolio companies is close to $332 billion.
The complete list of Black Diamond trades based on 13F SEC filings
These positions were updated on August 9th 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 World Fd |
5.97%
864,217
|
$138,286,155,000 | 26.86% |
| Schwab Strategic Tr |
9.28%
1,443,374
|
$88,439,202,000 | 17.18% |
| Ishares Tr |
Opened
468,235
|
$36,475,557,000 | 7.09% |
| Spdr Ser Tr |
1,769.58%
725,677
|
$24,587,880,000 | 4.78% |
| Vanguard Index Fds |
8.69%
388,046
|
$85,945,454,000 | 16.70% |
| Fidelity Covington Trust |
31.02%
434,473
|
$11,009,555,000 | 2.14% |
| Lindblad Expeditions Hldgs I |
No change
904,452
|
$8,727,962,000 | 1.70% |
| Invesco Exchange Traded Fd T |
1,166.15%
51,912
|
$8,528,044,000 | 1.66% |
| Vanguard Tax-managed Fds |
15.95%
147,358
|
$7,282,433,000 | 1.41% |
| Vanguard Scottsdale Fds |
16.41%
89,968
|
$6,965,213,000 | 1.35% |
| Ishares Tr |
13.07%
328,572
|
$25,358,999,000 | 4.93% |
| Apple Inc |
5.25%
28,762
|
$6,058,000,000 | 1.18% |
| Ishares Inc |
27.50%
109,999
|
$5,888,230,000 | 1.14% |
| Vanguard Intl Equity Index F |
1.63%
100,898
|
$5,662,338,000 | 1.10% |
| Proshares Tr |
Opened
35,462
|
$3,408,962,000 | 0.66% |
| Spdr Gold Tr |
722.36%
15,189
|
$3,265,786,000 | 0.63% |
| Berkshire Hathaway Inc. |
76.04%
7,885
|
$3,207,618,000 | 0.62% |
| Spdr S&p Midcap 400 Etf Tr |
649.86%
5,264
|
$2,816,661,000 | 0.55% |
| Microsoft Corporation |
37.74%
5,872
|
$2,624,446,000 | 0.51% |
| Spdr S&p 500 Etf Tr |
1.14%
3,981
|
$2,166,540,000 | 0.42% |
| Amazon.com Inc. |
15.39%
9,695
|
$1,873,561,000 | 0.36% |
| Vanguard Mun Bd Fds |
No change
36,967
|
$1,852,416,000 | 0.36% |
| Ssga Active Etf Tr |
4.40%
40,908
|
$1,709,956,000 | 0.33% |
| Alphabet Inc |
18.83%
14,393
|
$2,633,499,000 | 0.51% |
| Select Sector Spdr Tr |
3.17%
15,670
|
$2,090,496,000 | 0.41% |
| Eli Lilly & Co |
41.06%
1,522
|
$1,377,815,000 | 0.27% |
| NVIDIA Corp |
1,100.44%
10,840
|
$1,339,198,000 | 0.26% |
| JPMorgan Chase & Co. |
9.56%
6,221
|
$1,258,190,000 | 0.24% |
| Constellation Energy Corp |
6.59%
4,898
|
$980,994,000 | 0.19% |
| Vanguard Specialized Funds |
19.61%
5,252
|
$958,805,000 | 0.19% |
| Bank America Corp |
6.46%
23,032
|
$915,977,000 | 0.18% |
| Select Sector Spdr Tr |
Opened
15,907
|
$1,433,802,000 | 0.28% |
| Mckesson Corporation |
2.24%
1,506
|
$879,792,000 | 0.17% |
| Vanguard Malvern Fds |
0.36%
16,970
|
$823,723,000 | 0.16% |
| Sprott Physical Silver Tr |
Opened
74,000
|
$734,820,000 | 0.14% |
| Pepsico Inc |
1.64%
4,385
|
$723,251,000 | 0.14% |
| Tesla Inc |
16.65%
3,258
|
$644,693,000 | 0.13% |
| Unitedhealth Group Inc |
21.09%
1,240
|
$631,639,000 | 0.12% |
| Custom Truck One Source Inc |
16.52%
141,735
|
$616,548,000 | 0.12% |
| Exxon Mobil Corp. |
129.90%
5,051
|
$581,517,000 | 0.11% |
| Procter And Gamble Co |
13.24%
3,480
|
$574,001,000 | 0.11% |
| Meta Platforms Inc |
0.35%
1,126
|
$567,850,000 | 0.11% |
| CSX Corp. |
8.78%
15,219
|
$509,076,000 | 0.10% |
| Merck & Co Inc |
15.69%
4,018
|
$497,488,000 | 0.10% |
| SouthState Corporation |
No change
6,391
|
$488,372,000 | 0.09% |
| Exelon Corp. |
2.02%
14,067
|
$486,875,000 | 0.09% |
| Costco Whsl Corp New |
53.44%
557
|
$473,506,000 | 0.09% |
| Prologis Inc |
3.18%
4,150
|
$466,057,000 | 0.09% |
| Visa Inc |
59.33%
1,751
|
$459,655,000 | 0.09% |
| Vanguard Whitehall Fds |
26.57%
3,577
|
$424,202,000 | 0.08% |
| Ishares Gold Tr |
16.40%
9,584
|
$421,025,000 | 0.08% |
| Honeywell International Inc |
1.04%
1,943
|
$414,905,000 | 0.08% |
| Mastercard Incorporated |
55.65%
937
|
$413,415,000 | 0.08% |
| Quanta Svcs Inc |
0.94%
1,608
|
$408,576,000 | 0.08% |
| Johnson & Johnson |
86.36%
2,747
|
$401,413,000 | 0.08% |
| Willscot Mobil Mini Hldng Co |
Opened
10,000
|
$376,400,000 | 0.07% |
| Global X Fds |
Opened
12,901
|
$373,473,000 | 0.07% |
| Ishares Bitcoin Tr |
Opened
10,218
|
$348,843,000 | 0.07% |
| Union Pac Corp |
19.80%
1,519
|
$343,689,000 | 0.07% |
| Lowes Cos Inc |
No change
1,441
|
$317,683,000 | 0.06% |
| Yum Brands Inc. |
No change
2,275
|
$301,307,000 | 0.06% |
| Chevron Corp. |
Opened
1,923
|
$300,862,000 | 0.06% |
| Becton Dickinson & Co. |
No change
1,214
|
$283,724,000 | 0.06% |
| RTX Corp |
Opened
2,819
|
$283,053,000 | 0.05% |
| Sprott Physical Gold & Silve |
Opened
12,800
|
$282,240,000 | 0.05% |
| Danaher Corp. |
Opened
1,114
|
$278,200,000 | 0.05% |
| Home Depot, Inc. |
8.28%
785
|
$270,227,000 | 0.05% |
| Abbvie Inc |
18.87%
1,550
|
$265,856,000 | 0.05% |
| Knight-swift Transn Hldgs In |
Opened
5,150
|
$257,088,000 | 0.05% |
| Oreilly Automotive Inc |
No change
243
|
$256,623,000 | 0.05% |
| Evergy Inc |
No change
4,729
|
$250,495,000 | 0.05% |
| Spdr Dow Jones Indl Average |
0.32%
618
|
$241,503,000 | 0.05% |
| Walmart Inc |
Opened
3,501
|
$237,072,000 | 0.05% |
| Caterpillar Inc. |
Opened
692
|
$230,725,000 | 0.04% |
| Wells Fargo Co New |
Opened
3,855
|
$229,000,000 | 0.04% |
| Expeditors Intl Wash Inc |
5.36%
1,748
|
$218,132,000 | 0.04% |
| Vanguard Scottsdale Fds |
Closed
3,722
|
$217,103,000 | |
| Verizon Communications Inc |
Opened
5,189
|
$214,010,000 | 0.04% |
| Schwab Strategic Tr |
Opened
4,592
|
$209,305,000 | 0.04% |
| Deere & Co. |
Closed
520
|
$207,932,000 | |
| Ross Stores, Inc. |
Opened
1,420
|
$206,355,000 | 0.04% |
| Ishares Tr |
Closed
1,874
|
$201,438,000 | |
| Docgo Inc |
No change
38,592
|
$119,249,000 | 0.02% |
| Newmark Group Inc |
Opened
10,000
|
$102,300,000 | 0.02% |
| Industrial Logistics Pptys T |
No change
25,000
|
$92,000,000 | 0.02% |
| Cel-Sci Corp. |
35.85%
72,000
|
$83,520,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 86 holdings | |||
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