Erts Wealth Advisors 13F annual report
Erts Wealth Advisors is an investment fund managing more than $497 billion ran by Bruce Roberts. There are currently 50 companies in Mr. Roberts’s portfolio. The largest investments include Spdr Ser Tr and Ishares Tr, together worth $373 billion.
$497 billion Assets Under Management (AUM)
As of 11th July 2024, Erts Wealth Advisors’s top holding is 4,764,401 shares of Spdr Ser Tr currently worth over $232 billion and making up 46.7% of the portfolio value.
In addition, the fund holds 3,183,774 shares of Ishares Tr worth $141 billion.
The third-largest holding is Ishares Tr worth $40.8 billion and the next is Vanguard Index Fds worth $51 billion, with 279,216 shares owned.
Currently, Erts Wealth Advisors's portfolio is worth at least $497 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 Erts Wealth Advisors
The Erts Wealth Advisors office and employees reside in Marquette, Michigan. According to the last 13-F report filed with the SEC, Bruce Roberts serves as the Chief Compliance Officer at Erts Wealth Advisors.
Recent trades
In the most recent 13F filing, Erts Wealth Advisors revealed that it had opened a new position in
Ishares Tr and bought 789,086 shares worth $40.8 billion.
The investment fund also strengthened its position in Ishares Tr by buying
18,555 additional shares.
This makes their stake in Ishares Tr total 3,183,774 shares worth $141 billion.
On the other hand, there are companies that Erts Wealth Advisors is getting rid of from its portfolio.
Erts Wealth Advisors closed its position in Lockheed Martin on 18th July 2024.
It sold the previously owned 621 shares for $282 million.
Bruce Roberts also disclosed a decreased stake in Spdr Ser Tr by approximately 0.1%.
This leaves the value of the investment at $232 billion and 4,764,401 shares.
One of the average hedge funds
The two most similar investment funds to Erts Wealth Advisors are Pax and Iag Wealth Partners. They manage $497 billion and $498 billion respectively.
Bruce Roberts investment strategy
Erts Wealth Advisors’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 1.1% of
the total portfolio value.
The fund focuses on investments in the United States as
56.0% 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
54% of the total holdings value.
On the other hand, small-cap stocks make up only 2.0% of the portfolio.
The average market cap of the portfolio companies is close to $317 billion.
The complete list of Erts Wealth Advisors trades based on 13F SEC filings
These positions were updated on July 18th 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 |
|---|---|---|---|
| Spdr Ser Tr |
9.21%
4,764,401
|
$232,131,759,000 | 46.66% |
| Ishares Tr |
0.59%
3,183,774
|
$140,525,725,000 | 28.25% |
| Ishares Tr |
Opened
789,086
|
$40,769,549,000 | 8.20% |
| Vanguard Index Fds |
1.14%
279,216
|
$50,962,297,000 | 10.24% |
| Apple Inc |
3.24%
20,906
|
$4,403,191,000 | 0.89% |
| Schwab Strategic Tr |
0.36%
91,131
|
$4,386,117,000 | 0.88% |
| Microsoft Corporation |
3.39%
5,785
|
$2,585,606,000 | 0.52% |
| Global X Fds |
9.45%
118,744
|
$2,098,206,000 | 0.42% |
| Clorox Co. |
1.55%
11,465
|
$1,564,629,000 | 0.31% |
| Alphabet Inc |
3.99%
10,142
|
$1,849,728,000 | 0.37% |
| Jpmorgan Chase Co. |
2.44%
4,601
|
$930,596,000 | 0.19% |
| Meta Platforms Inc |
0.86%
1,724
|
$869,275,000 | 0.17% |
| Berkshire Hathaway Inc. |
0.50%
1,998
|
$812,786,000 | 0.16% |
| Enbridge Inc |
0.94%
22,267
|
$792,476,000 | 0.16% |
| VanEck ETF Trust |
6.12%
11,297
|
$583,490,000 | 0.12% |
| Mastercard Incorporated |
0.08%
1,224
|
$539,980,000 | 0.11% |
| Nushares Etf Tr |
0.74%
29,163
|
$723,731,000 | 0.15% |
| Amazon.com Inc. |
1.24%
2,396
|
$463,027,000 | 0.09% |
| Coca-Cola Co |
12.06%
7,195
|
$457,942,000 | 0.09% |
| AMGEN Inc. |
0.42%
1,426
|
$445,554,000 | 0.09% |
| Booking Holdings Inc |
0.90%
112
|
$443,688,000 | 0.09% |
| Duke Energy Corp. |
1.61%
4,406
|
$441,613,000 | 0.09% |
| Vanguard Admiral Fds Inc |
No change
3,816
|
$420,600,000 | 0.08% |
| United Parcel Service, Inc. |
4.35%
2,900
|
$396,865,000 | 0.08% |
| Wells Fargo Co New |
0.19%
6,660
|
$395,537,000 | 0.08% |
| Pepsico Inc |
8.80%
2,354
|
$388,245,000 | 0.08% |
| Vanguard Mun Bd Fds |
3.20%
7,738
|
$387,751,000 | 0.08% |
| Blackrock Inc. |
2.28%
471
|
$370,828,000 | 0.07% |
| Exxon Mobil Corp. |
1.80%
3,171
|
$365,046,000 | 0.07% |
| Comcast Corp New |
1.78%
9,282
|
$363,483,000 | 0.07% |
| Visa Inc |
No change
1,368
|
$359,059,000 | 0.07% |
| Lamar Advertising Co |
1.58%
2,983
|
$356,558,000 | 0.07% |
| Barings BDC Inc |
3.58%
35,726
|
$347,614,000 | 0.07% |
| Procter And Gamble Co |
13.99%
1,974
|
$325,552,000 | 0.07% |
| Philip Morris International Inc |
1.39%
3,202
|
$324,459,000 | 0.07% |
| Air Prods Chems Inc |
0.49%
1,207
|
$311,466,000 | 0.06% |
| Genuine Parts Co. |
0.93%
2,228
|
$308,177,000 | 0.06% |
| Omnicom Group, Inc. |
0.79%
3,398
|
$304,801,000 | 0.06% |
| Cencora Inc. |
0.08%
1,308
|
$294,692,000 | 0.06% |
| Edison Intl |
1.16%
4,092
|
$293,847,000 | 0.06% |
| Eli Lilly Co |
No change
318
|
$287,911,000 | 0.06% |
| Lockheed Martin Corp. |
Closed
621
|
$282,474,000 | |
| Medtronic Plc |
0.53%
3,420
|
$269,167,000 | 0.05% |
| Bristol-Myers Squibb Co. |
No change
6,300
|
$261,639,000 | 0.05% |
| Verizon Communications Inc |
20.30%
6,255
|
$257,956,000 | 0.05% |
| Pentair plc |
No change
3,052
|
$234,006,000 | 0.05% |
| Unitedhealth Group Inc |
0.68%
445
|
$226,621,000 | 0.05% |
| General Mls Inc |
7.88%
3,505
|
$221,726,000 | 0.04% |
| Adobe Inc |
Opened
396
|
$219,994,000 | 0.04% |
| Pfizer Inc. |
2.16%
7,463
|
$208,815,000 | 0.04% |
| Vanguard Admiral Fds Inc |
Closed
665
|
$202,632,000 | |
| Intel Corp. |
Closed
4,567
|
$201,724,000 | |
| Cleveland-Cliffs Inc |
3.75%
10,571
|
$162,695,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 53 holdings | |||
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