Spectrum Wealth Advisory 13F annual report
Spectrum Wealth Advisory is an investment fund managing more than $61.3 billion ran by Kenneth Christie. There are currently 28 companies in Mr. Christie’s portfolio. The largest investments include First Tr Morningstar Divid L and First Tr Exchange Traded Fd, together worth $18.8 billion.
$61.3 billion Assets Under Management (AUM)
As of 31st July 2024, Spectrum Wealth Advisory’s top holding is 280,641 shares of First Tr Morningstar Divid L currently worth over $10.6 billion and making up 17.4% of the portfolio value.
In addition, the fund holds 138,736 shares of First Tr Exchange Traded Fd worth $8.12 billion.
The third-largest holding is Ishares Tr worth $6.97 billion and the next is First Tr Value Line Divid In worth $5.85 billion, with 143,643 shares owned.
Currently, Spectrum Wealth Advisory's portfolio is worth at least $61.3 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 Spectrum Wealth Advisory
The Spectrum Wealth Advisory office and employees reside in Granite Bay, California. According to the last 13-F report filed with the SEC, Kenneth Christie serves as the Chief Compliance Officer at Spectrum Wealth Advisory.
Recent trades
In the most recent 13F filing, Spectrum Wealth Advisory revealed that it had opened a new position in
Ishares Silver Tr and bought 13,390 shares worth $356 million.
The investment fund also strengthened its position in First Tr Morningstar Divid L by buying
14,598 additional shares.
This makes their stake in First Tr Morningstar Divid L total 280,641 shares worth $10.6 billion.
On the other hand, there are companies that Spectrum Wealth Advisory is getting rid of from its portfolio.
Spectrum Wealth Advisory closed its position in Intel on 7th August 2024.
It sold the previously owned 4,753 shares for $210 million.
Kenneth Christie also disclosed a decreased stake in First Tr Exchange Traded Fd by approximately 0.1%.
This leaves the value of the investment at $8.12 billion and 138,736 shares.
One of the smallest hedge funds
The two most similar investment funds to Spectrum Wealth Advisory are Oberndorf William E and Firsthand Capital Management. They manage $61.3 billion and $61.4 billion respectively.
Kenneth Christie investment strategy
Spectrum Wealth Advisory’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 11.3% of
the total portfolio value.
The fund focuses on investments in the United States as
35.7% 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
36% 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 $712 billion.
The complete list of Spectrum Wealth Advisory trades based on 13F SEC filings
These positions were updated on August 7th 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 |
|---|---|---|---|
| First Tr Morningstar Divid L |
5.49%
280,641
|
$10,644,699,000 | 17.35% |
| First Tr Exchange Traded Fd |
0.45%
138,736
|
$8,120,921,000 | 13.24% |
| Ishares Tr |
1.76%
53,382
|
$6,969,256,000 | 11.36% |
| First Tr Value Line Divid In |
2.80%
143,643
|
$5,853,508,000 | 9.54% |
| Apple Inc |
0.83%
26,009
|
$5,478,016,000 | 8.93% |
| First Tr Exchange-traded Fd |
5.93%
124,633
|
$6,292,503,000 | 10.26% |
| Spdr S&p 500 Etf Tr |
19.80%
6,999
|
$3,809,185,000 | 6.21% |
| Invesco Exchange Traded Fd T |
0.16%
41,537
|
$4,544,582,000 | 7.41% |
| Microsoft Corporation |
4.62%
2,856
|
$1,276,522,000 | 2.08% |
| Amazon.com Inc. |
1.03%
5,397
|
$1,042,973,000 | 1.70% |
| Disney Walt Co |
1.27%
8,046
|
$798,852,000 | 1.30% |
| Spdr Ser Tr |
5.41%
11,848
|
$987,544,000 | 1.61% |
| Costco Whsl Corp New |
42.05%
679
|
$576,885,000 | 0.94% |
| Proshares Tr |
1.97%
4,980
|
$497,053,000 | 0.81% |
| Invesco Exch Traded Fd Tr Ii |
0.07%
8,543
|
$471,855,000 | 0.77% |
| Mastercard Incorporated |
No change
968
|
$427,089,000 | 0.70% |
| Honeywell International Inc |
0.52%
1,752
|
$374,145,000 | 0.61% |
| Omnicom Group, Inc. |
0.74%
4,065
|
$364,655,000 | 0.59% |
| Ishares Silver Tr |
Opened
13,390
|
$355,773,000 | 0.58% |
| Spdr Gold Tr |
14.78%
1,615
|
$347,242,000 | 0.57% |
| Wisdomtree Tr |
No change
4,250
|
$331,713,000 | 0.54% |
| Berkshire Hathaway Inc. |
No change
625
|
$254,251,000 | 0.41% |
| Alphabet Inc |
Opened
2,468
|
$451,222,000 | 0.74% |
| Vanguard Index Fds |
Opened
827
|
$221,338,000 | 0.36% |
| Vanguard World Fd |
No change
383
|
$221,012,000 | 0.36% |
| Home Depot, Inc. |
Opened
630
|
$216,869,000 | 0.35% |
| Intel Corp. |
Closed
4,753
|
$209,914,000 | |
| Lowes Cos Inc |
Closed
810
|
$206,249,000 | |
| Tesla Inc |
Opened
1,029
|
$203,618,000 | 0.33% |
| Ishares Tr |
Opened
2,500
|
$203,525,000 | 0.33% |
| No transactions found | |||
| Showing first 500 out of 30 holdings | |||
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