Tpb Wealth Advisors 13F annual report
Tpb Wealth Advisors is an investment fund managing more than $188 million ran by Cynthia Michael. There are currently 31 companies in Mrs. Michael’s portfolio. The largest investments include Ishares Tr and Ishares Tr, together worth $115 million.
$188 million Assets Under Management (AUM)
As of 1st February 2023, Tpb Wealth Advisors’s top holding is 758,282 shares of Ishares Tr currently worth over $87.4 million and making up 46.5% of the portfolio value.
In addition, the fund holds 180,558 shares of Ishares Tr worth $27.9 million.
The third-largest holding is Vanguard Index Fds worth $10.5 million and the next is Oreilly Automotive Inc worth $9.42 million, with 11,155 shares owned.
Currently, Tpb Wealth Advisors's portfolio is worth at least $188 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 Tpb Wealth Advisors
The Tpb Wealth Advisors office and employees reside in San Antonio, Texas. According to the last 13-F report filed with the SEC, Cynthia Michael serves as the MANAGING DIRECTOR at Tpb Wealth Advisors.
Recent trades
In the most recent 13F filing, Tpb Wealth Advisors revealed that it had opened a new position in
Ishares Tr and bought 180,558 shares worth $27.9 million.
The investment fund also strengthened its position in Vanguard Index Fds by buying
32,497 additional shares.
This makes their stake in Vanguard Index Fds total 33,135 shares worth $10.5 million.
On the other hand, there are companies that Tpb Wealth Advisors is getting rid of from its portfolio.
Tpb Wealth Advisors closed its position in Kraneshares Tr on 8th February 2023.
It sold the previously owned 274,055 shares for $6.76 million.
Cynthia Michael also disclosed a decreased stake in Ishares Tr by 0.2%.
This leaves the value of the investment at $87.4 million and 758,282 shares.
One of the smallest hedge funds
The two most similar investment funds to Tpb Wealth Advisors are Fountainhead Am and Little House Capital. They manage $188 million and $188 million respectively.
Cynthia Michael investment strategy
Tpb Wealth Advisors’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.9% of
the total portfolio value.
The fund focuses on investments in the United States as
38.7% 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
29% of the total holdings value.
On the other hand, small-cap stocks make up only 3.2% of the portfolio.
The average market cap of the portfolio companies is close to $446 billion.
The complete list of Tpb Wealth Advisors trades based on 13F SEC filings
These positions were updated on February 8th 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 |
|---|---|---|---|
| Ishares Tr |
19.32%
758,282
|
$87,354,000 | 46.52% |
| Ishares Tr |
Opened
180,558
|
$27,922,000 | 14.87% |
| Vanguard Index Fds |
5,093.57%
33,135
|
$10,488,000 | 5.58% |
| Oreilly Automotive Inc |
5.72%
11,155
|
$9,415,000 | 5.01% |
| Invesco Exchange Traded Fd T |
2.38%
97,325
|
$7,764,000 | 4.13% |
| Kraneshares Tr |
Closed
274,055
|
$6,762,000 | |
| Spdr Ser Tr |
Closed
73,972
|
$6,507,000 | |
| Vanguard Tax-managed Fds |
Opened
131,952
|
$5,692,000 | 3.03% |
| Ishares Gold Tr |
2.20%
152,170
|
$5,416,000 | 2.88% |
| Cambria Etf Tr |
Closed
226,698
|
$5,292,000 | |
| Apple Inc |
0.74%
39,402
|
$5,198,000 | 2.77% |
| Vanguard Intl Equity Index F |
Opened
123,665
|
$4,877,000 | 2.60% |
| Direxion Shs Etf Tr |
Opened
558,127
|
$4,414,000 | 2.35% |
| Ishares Tr |
Closed
72,643
|
$3,831,000 | |
| Ishares Inc |
56.75%
63,812
|
$3,112,000 | 1.66% |
| Ready Capital Corp |
24.98%
196,704
|
$2,191,000 | 1.17% |
| Ftai Infrastructure Inc |
483.12%
684,454
|
$2,049,000 | 1.09% |
| Vanguard Scottsdale Fds |
Closed
27,462
|
$1,729,000 | |
| Fortress Trans Infrst Invs L |
Closed
114,441
|
$1,718,000 | |
| Broadmark Rlty Cap Inc |
Closed
313,412
|
$1,602,000 | |
| Cullen Frost Bankers Inc. |
No change
10,400
|
$1,390,000 | 0.74% |
| Microsoft Corporation |
1.45%
5,635
|
$1,351,000 | 0.72% |
| Global X Fds |
62.40%
55,797
|
$1,145,000 | 0.61% |
| VanEck ETF Trust |
58.66%
90,892
|
$1,143,000 | 0.61% |
| Jpmorgan Chase Co |
1.31%
7,675
|
$1,025,000 | 0.55% |
| FTAI Aviation Ltd |
Opened
56,145
|
$1,000,000 | 0.53% |
| Johnson Johnson |
3.07%
4,966
|
$859,000 | 0.46% |
| Coca-Cola Co |
2.47%
12,341
|
$796,000 | 0.42% |
| Walmart Inc |
No change
5,175
|
$734,000 | 0.39% |
| Global X Fds |
Closed
19,281
|
$444,000 | |
| Visa Inc |
0.23%
1,701
|
$353,000 | 0.19% |
| Exxon Mobil Corp. |
Opened
2,206
|
$339,000 | 0.18% |
| Lowes Cos Inc |
0.19%
1,614
|
$322,000 | 0.17% |
| Hershey Company |
No change
1,260
|
$292,000 | 0.16% |
| Rani Therapeutics Hldgs Inc |
No change
48,129
|
$284,000 | 0.15% |
| Amazon.com Inc. |
3.18%
2,724
|
$239,000 | 0.13% |
| Wells Fargo Co New |
0.04%
5,124
|
$212,000 | 0.11% |
| Marathon Pete Corp |
Opened
1,814
|
$211,000 | 0.11% |
| Pfizer Inc. |
Opened
3,999
|
$205,000 | 0.11% |
| Alphabet Inc |
Closed
2,120
|
$204,000 | |
| Two Rds Shared Tr |
Closed
18,121
|
$155,000 | |
| No transactions found | |||
| Showing first 500 out of 41 holdings | |||
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