Fountainhead Am 13F annual report

Fountainhead Am is an investment fund managing more than $417 billion ran by Joseph Halpern. There are currently 96 companies in Mr. Halpern’s portfolio. The largest investments include Ishares Tr and Schwab Strategic Tr, together worth $177 billion.

Limited to 30 biggest holdings

$417 billion Assets Under Management (AUM)

As of 19th July 2024, Fountainhead Am’s top holding is 1,153,386 shares of Ishares Tr currently worth over $153 billion and making up 36.8% of the portfolio value. In addition, the fund holds 238,850 shares of Schwab Strategic Tr worth $23.2 billion. The third-largest holding is Vanguard Index Fds worth $54.3 billion and the next is J P Morgan Exchange Traded F worth $15.6 billion, with 279,502 shares owned.

Currently, Fountainhead Am's portfolio is worth at least $417 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 Fountainhead Am

The Fountainhead Am office and employees reside in Warren, New Jersey. According to the last 13-F report filed with the SEC, Joseph Halpern serves as the Chief Compliance Officer at Fountainhead Am.

Recent trades

In the most recent 13F filing, Fountainhead Am revealed that it had opened a new position in J P Morgan Exchange Traded F and bought 279,502 shares worth $15.6 billion.

The investment fund also strengthened its position in Vanguard Index Fds by buying 43,331 additional shares. This makes their stake in Vanguard Index Fds total 239,075 shares worth $54.3 billion.

On the other hand, there are companies that Fountainhead Am is getting rid of from its portfolio. Fountainhead Am closed its position in Coinbase Global Inc on 26th July 2024. It sold the previously owned 3,978 shares for $1.05 billion. Joseph Halpern also disclosed a decreased stake in Ishares Tr by 0.2%. This leaves the value of the investment at $153 billion and 1,153,386 shares.

One of the average hedge funds

The two most similar investment funds to Fountainhead Am are Leonard Rickey Investment Advisors P.l.l.c and Galibier Capital Management. They manage $417 billion and $417 billion respectively.


Joseph Halpern investment strategy

Fountainhead Am’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 4.9% of the total portfolio value. The fund focuses on investments in the United States as 39.6% 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 2.1% of the portfolio. The average market cap of the portfolio companies is close to $291 billion.

The complete list of Fountainhead Am trades based on 13F SEC filings

These positions were updated on July 26th 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
19.89%
1,153,386
$153,445,093,000 36.77%
Schwab Strategic Tr
5.80%
238,850
$23,151,110,000 5.55%
Vanguard Index Fds
22.14%
239,075
$54,305,362,000 13.01%
J P Morgan Exchange Traded F
Opened
279,502
$15,572,007,000 3.73%
J P Morgan Exchange Traded F
10.78%
323,358
$16,353,171,000 3.92%
Exchange Traded Concepts Tru
3.13%
266,089
$14,661,480,000 3.51%
Fs Kkr Cap Corp
5.68%
729,087
$14,384,877,000 3.45%
Vanguard Scottsdale Fds
6.23%
485,407
$25,103,664,000 6.02%
Apple Inc
1.76%
51,937
$10,938,990,000 2.62%
Vanguard Intl Equity Index F
4.07%
210,213
$9,198,925,000 2.20%
First Tr Value Line Divid In
26.07%
221,089
$9,009,395,000 2.16%
NVIDIA Corp
1,112.44%
54,972
$6,791,195,000 1.63%
Pgim Etf Tr
29.17%
65,106
$3,235,786,000 0.78%
Tesla Inc
1.88%
15,167
$3,001,246,000 0.72%
PENN Entertainment Inc
No change
144,497
$2,796,739,000 0.67%
Bausch Health Cos Inc
3.23%
371,129
$2,586,769,000 0.62%
Microsoft Corporation
5.07%
5,704
$2,549,229,000 0.61%
Amazon.com Inc.
4.69%
12,557
$2,426,640,000 0.58%
Meta Platforms Inc
9.27%
4,589
$2,313,754,000 0.55%
Spdr Sp 500 Etf Tr
76.61%
4,039
$2,198,214,000 0.53%
Broadcom Inc
2.08%
1,081
$1,735,772,000 0.42%
Janus Detroit Str Tr
5.23%
33,179
$1,688,158,000 0.40%
Berkshire Hathaway Inc.
18.38%
3,986
$1,621,505,000 0.39%
Texas Pacific Land Corporati
3.57%
2,178
$1,599,350,000 0.38%
Samsara Inc.
20.68%
44,811
$1,510,131,000 0.36%
Alphabet Inc
7.04%
12,252
$2,237,051,000 0.54%
Ishares Bitcoin Tr
28.04%
39,746
$1,356,928,000 0.33%
Vanguard World Fd
7.71%
9,327
$2,417,634,000 0.58%
Visa Inc
2.42%
4,225
$1,108,972,000 0.27%
Coinbase Global Inc
Closed
3,978
$1,054,647,000
Cisco Sys Inc
5.17%
20,675
$982,291,000 0.24%
Grayscale Bitcoin Tr Btc
1.25%
16,191
$862,009,000 0.21%
Blackrock Cap Allocation Ter
10.31%
52,475
$861,114,000 0.21%
Vanguard Bd Index Fds
Closed
11,358
$824,961,000
Blackrock Esg Cap Allc Term
No change
45,972
$806,349,000 0.19%
Blackrock Innovation And Grw
7.86%
107,041
$773,906,000 0.19%
Select Sector Spdr Tr
5.71%
21,394
$2,260,226,000 0.54%
Procter And Gamble Co
3.87%
4,452
$734,244,000 0.18%
Bristol-Myers Squibb Co.
1.36%
17,026
$707,096,000 0.17%
Jpmorgan Chase Co.
0.27%
3,363
$680,202,000 0.16%
Eli Lilly Co
Opened
691
$625,775,000 0.15%
Snowflake Inc.
5.79%
4,242
$573,052,000 0.14%
Exxon Mobil Corp.
188.30%
4,976
$572,803,000 0.14%
Nike, Inc.
1.05%
7,356
$554,437,000 0.13%
Nushares Etf Tr
1.36%
31,979
$1,316,707,000 0.32%
Pfizer Inc.
0.61%
19,344
$541,231,000 0.13%
Kkr Co Inc
No change
5,044
$530,831,000 0.13%
VanEck ETF Trust
73.69%
1,961
$511,233,000 0.12%
Pacer Fds Tr
9.05%
8,949
$487,625,000 0.12%
Blackstone Secd Lending Fd
No change
15,874
$486,062,000 0.12%
Ishares Tr
Closed
13,130
$1,024,298,000
Salesforce Inc
4.88%
1,611
$414,268,000 0.10%
Airbnb, Inc.
0.96%
2,592
$393,025,000 0.09%
Chevron Corp.
15.80%
2,499
$390,871,000 0.09%
Johnson Johnson
5.89%
2,516
$367,788,000 0.09%
Disney Walt Co
9.57%
3,401
$337,683,000 0.08%
Pioneer Mun High Income Oppo
0.84%
28,531
$332,386,000 0.08%
Invesco Exch Trd Slf Idx Fd
No change
51,971
$901,269,000 0.22%
Ishares Tr
Opened
9,672
$833,002,000 0.20%
Home Depot, Inc.
3.19%
939
$323,332,000 0.08%
Goldman Sachs Group, Inc.
12.97%
714
$323,078,000 0.08%
American Express Co.
2.12%
1,394
$322,861,000 0.08%
Colgate-Palmolive Co.
0.92%
3,306
$320,832,000 0.08%
Vanguard Specialized Funds
17.08%
1,714
$312,832,000 0.07%
Lowes Cos Inc
5.95%
1,406
$309,975,000 0.07%
Bank America Corp
4.44%
7,757
$308,478,000 0.07%
Prudential Finl Inc
1.03%
2,459
$288,193,000 0.07%
Invesco Exchange Traded Fd T
0.06%
1,734
$284,941,000 0.07%
Merck Co Inc
34.23%
2,243
$277,639,000 0.07%
Vanguard Tax-managed Fds
Closed
5,352
$268,519,000
United Rentals, Inc.
0.25%
409
$264,295,000 0.06%
Wisdomtree Tr
39.56%
3,360
$262,278,000 0.06%
Abbvie Inc
6.42%
1,517
$260,242,000 0.06%
Shopify Inc
5.54%
3,831
$253,038,000 0.06%
Coca-Cola Co
3.63%
3,972
$252,831,000 0.06%
Innovator ETFs Trust
Opened
6,256
$251,679,000 0.06%
Unum Group
15.90%
4,878
$249,308,000 0.06%
Vanguard Intl Equity Index F
Closed
2,116
$247,233,000
Lockheed Martin Corp.
2.60%
525
$245,228,000 0.06%
Western Digital Corp.
8.58%
3,208
$243,070,000 0.06%
Marathon Pete Corp
0.07%
1,383
$239,876,000 0.06%
Spdr Gold Tr
Opened
1,104
$237,371,000 0.06%
Ishares Inc
21.78%
4,400
$235,539,000 0.06%
Elevance Health Inc
1.17%
432
$233,873,000 0.06%
Mastercard Incorporated
No change
530
$233,819,000 0.06%
Spdr Ser Tr
Opened
5,001
$223,045,000 0.05%
Unitedhealth Group Inc
3.12%
430
$219,047,000 0.05%
International Business Machs
3.79%
1,260
$217,925,000 0.05%
Vanguard World Fd
Opened
693
$216,445,000 0.05%
Starbucks Corp.
Opened
2,780
$216,408,000 0.05%
Ark Etf Tr
0.83%
4,882
$214,573,000 0.05%
Boeing Co.
11.13%
1,168
$212,588,000 0.05%
Advanced Micro Devices Inc.
1.79%
1,308
$212,171,000 0.05%
Crowdstrike Holdings Inc
Opened
549
$210,371,000 0.05%
Vanguard Index Fds
Closed
2,400
$207,520,000
Vanguard Scottsdale Fds
Opened
2,159
$202,536,000 0.05%
Ecofin Sustainable And Socia
Opened
16,880
$194,289,000 0.05%
Mitsubishi Ufj Finl Group In
Opened
12,806
$138,305,000 0.03%
Mannkind Corp
No change
10,000
$52,200,000 0.01%
NIO Inc
24.04%
11,359
$47,253,000 0.01%
Rackspace Technology, Inc.
Opened
12,000
$35,760,000 0.01%
Cybin Inc
Closed
10,150
$4,197,000
Loop Media Inc
No change
20,060
$2,026,000 0.00%
No transactions found
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