Wealthbridge Investment Counsel 13F annual report
Wealthbridge Investment Counsel is an investment fund managing more than $261 million ran by Jeremy Ash. There are currently 44 companies in Mr. Ash’s portfolio. The largest investments include Jp Morgan Chase and Oracle, together worth $24.3 million.
$261 million Assets Under Management (AUM)
As of 9th July 2024, Wealthbridge Investment Counsel’s top holding is 62,661 shares of Jp Morgan Chase currently worth over $12.7 million and making up 4.8% of the portfolio value.
In addition, the fund holds 82,050 shares of Oracle worth $11.6 million, whose value grew 34.2% in the past six months.
The third-largest holding is Goldman Sachs worth $10.9 million and the next is Amazon.com worth $10.7 million, with 55,406 shares owned.
Currently, Wealthbridge Investment Counsel's portfolio is worth at least $261 million. 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 Wealthbridge Investment Counsel
The Wealthbridge Investment Counsel office and employees reside in Calgary, Alberta, Canada. According to the last 13-F report filed with the SEC, Jeremy Ash serves as the Portfolio Manager at Wealthbridge Investment Counsel.
Recent trades
In the most recent 13F filing, Wealthbridge Investment Counsel revealed that it had opened a new position in
Labcorp and bought 33,191 shares worth $6.76 million.
This means they effectively own approximately 0.1% of the company.
Labcorp makes up
19.5%
of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Amazon.com by buying
2,125 additional shares.
This makes their stake in Amazon.com total 55,406 shares worth $10.7 million.
Amazon.com dropped approximately 0.1% in the past year.
On the other hand, there are companies that Wealthbridge Investment Counsel is getting rid of from its portfolio.
Wealthbridge Investment Counsel closed its position in Laboratory Corp on 16th July 2024.
It sold the previously owned 34,066 shares for $7.44 million.
Jeremy Ash also disclosed a decreased stake in Jp Morgan Chase by 0.1%.
This leaves the value of the investment at $12.7 million and 62,661 shares.
One of the smallest hedge funds
The two most similar investment funds to Wealthbridge Investment Counsel are Stewart Capital Advisors and Q Global Advisors. They manage $262 million and $261 million respectively.
Jeremy Ash investment strategy
Wealthbridge Investment Counsel’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Health Care — making up 13.2% of
the total portfolio value.
The fund focuses on investments in the United States as
56.8% 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
52% of the total holdings value.
On the other hand, small-cap stocks make up only 2.3% of the portfolio.
The average market cap of the portfolio companies is close to $285 billion.
The complete list of Wealthbridge Investment Counsel trades based on 13F SEC filings
These positions were updated on July 16th 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 |
|---|---|---|---|
| Jp Morgan Chase |
10.91%
62,661
|
$12,674,000 | 4.85% |
| Oracle Corp. |
0.88%
82,050
|
$11,585,000 | 4.43% |
| Goldman Sachs |
6.91%
24,170
|
$10,933,000 | 4.18% |
| Amazon.com Inc. |
3.99%
55,406
|
$10,707,000 | 4.10% |
| Merck |
0.45%
85,095
|
$10,535,000 | 4.03% |
| Visa Inc |
1.12%
39,787
|
$10,443,000 | 3.99% |
| Ishares Msci Eafe |
3.88%
132,575
|
$10,385,000 | 3.97% |
| Eaton |
14.29%
32,760
|
$10,272,000 | 3.93% |
| Ishares Msci Emerging Market |
0.35%
229,810
|
$9,788,000 | 3.74% |
| Fedex Corp |
0.93%
32,575
|
$9,767,000 | 3.74% |
| Apple Inc |
12.51%
44,578
|
$9,389,000 | 3.59% |
| MetLife, Inc. |
1.83%
120,160
|
$8,434,000 | 3.23% |
| Microsoft Corporation |
4.91%
18,058
|
$8,071,000 | 3.09% |
| Vanguard Ftse Europe Index |
2.95%
118,505
|
$7,913,000 | 3.03% |
| Laboratory Corp |
Closed
34,066
|
$7,442,000 | |
| Citigroup Inc |
0.81%
111,834
|
$7,097,000 | 2.71% |
| Constellation Brands, Inc. |
2.98%
26,980
|
$6,941,000 | 2.66% |
| Labcorp Holdings Inc. |
Opened
33,191
|
$6,755,000 | 2.58% |
| Abbott Laboratories |
2.47%
64,868
|
$6,740,000 | 2.58% |
| Walt Disney |
2.52%
64,186
|
$6,373,000 | 2.44% |
| Abbvie Inc |
2.24%
36,551
|
$6,269,000 | 2.40% |
| Medtronic |
4.23%
77,070
|
$6,066,000 | 2.32% |
| Thermo Fisher Scientific Inc. |
3.98%
10,892
|
$6,023,000 | 2.30% |
| Owens Corning |
1.94%
34,585
|
$6,008,000 | 2.30% |
| L3Harris Technologies Inc |
3.92%
26,256
|
$5,897,000 | 2.26% |
| Starbucks Corp. |
3.15%
73,676
|
$5,736,000 | 2.19% |
| Verizon Communications Inc |
0.04%
131,350
|
$5,417,000 | 2.07% |
| Northrop Grumman Corp. |
2.87%
12,247
|
$5,339,000 | 2.04% |
| Gilead Sciences, Inc. |
4.19%
70,955
|
$4,868,000 | 1.86% |
| Cvs Caremark |
3.59%
81,208
|
$4,796,000 | 1.83% |
| Vanguard Ftse Emerging Markets Index |
0.46%
108,245
|
$4,737,000 | 1.81% |
| Coca-Cola Co |
0.31%
64,250
|
$4,090,000 | 1.56% |
| Danaher Corp. |
0.48%
15,710
|
$3,925,000 | 1.50% |
| Conocophillips |
3.05%
28,390
|
$3,247,000 | 1.24% |
| Lyondellbasell |
3.59%
33,160
|
$3,172,000 | 1.21% |
| Global X Cybersecurity Index |
0.52%
95,900
|
$2,837,000 | 1.09% |
| Intel Corp. |
6.12%
75,940
|
$2,352,000 | 0.90% |
| Vanguard Ftse Pacific Index |
No change
24,055
|
$1,784,000 | 0.68% |
| Spdr Sp 500 |
26.63%
2,122
|
$1,155,000 | 0.44% |
| Ishares Sp Europe 350 |
No change
18,700
|
$1,024,000 | 0.39% |
| Adobe Inc |
Opened
1,085
|
$603,000 | 0.23% |
| Vanguard Ftse All-world Ex Us |
1.49%
8,575
|
$503,000 | 0.19% |
| Mastercard Incorporated |
No change
632
|
$279,000 | 0.11% |
| Analog Devices Inc. |
No change
1,215
|
$277,000 | 0.11% |
| Ishares Russell 2000 Index |
2.45%
1,047
|
$212,000 | 0.08% |
| No transactions found | |||
| Showing first 500 out of 45 holdings | |||
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