Forbes Planning 13F annual report
Forbes Planning is an investment fund managing more than $127 billion ran by Daniel Forbes. There are currently 19 companies in Mr. Forbes’s portfolio. The largest investments include Ishares Tr and Vanguard Tax-managed Fds, together worth $34.6 billion.
$127 billion Assets Under Management (AUM)
As of 18th July 2024, Forbes Planning’s top holding is 189,152 shares of Ishares Tr currently worth over $25.3 billion and making up 19.9% of the portfolio value.
In addition, the fund holds 187,729 shares of Vanguard Tax-managed Fds worth $9.28 billion.
The third-largest holding is Spdr Ser Tr worth $20.2 billion and the next is Vanguard Index Fds worth $23.4 billion, with 117,779 shares owned.
Currently, Forbes Planning's portfolio is worth at least $127 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 Forbes Planning
The Forbes Planning office and employees reside in East Greenwich, Rhode Island. According to the last 13-F report filed with the SEC, Daniel Forbes serves as the Founder and President at Forbes Planning.
Recent trades
In the most recent 13F filing, Forbes Planning revealed that it had opened a new position in
Ishares U S Etf Tr and bought 137,524 shares worth $6.92 billion.
The investment fund also strengthened its position in Ishares Tr by buying
10,957 additional shares.
This makes their stake in Ishares Tr total 189,152 shares worth $25.3 billion.
On the other hand, there are companies that Forbes Planning is getting rid of from its portfolio.
Forbes Planning closed its position in Ishares Tr on 25th July 2024.
It sold the previously owned 89,524 shares for $9.61 billion.
Daniel Forbes also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $4.6 billion and 21,833 shares.
One of the smallest hedge funds
The two most similar investment funds to Forbes Planning are In-depth Partners and Lantern Wealth Advisors. They manage $127 billion and $127 billion respectively.
Daniel Forbes investment strategy
Forbes Planning’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Miscellaneous — making up 4.2% of
the total portfolio value.
The fund focuses on investments in the United States as
31.6% 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
32% of the total holdings value.
On the other hand, small-cap stocks make up only 5.3% of the portfolio.
The average market cap of the portfolio companies is close to $647 billion.
The complete list of Forbes Planning trades based on 13F SEC filings
These positions were updated on July 25th 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 |
6.15%
189,152
|
$25,346,963,000 | 19.91% |
| Vanguard Tax-managed Fds |
8.54%
187,729
|
$9,277,571,000 | 7.29% |
| Spdr Ser Tr |
28.10%
338,893
|
$20,177,719,000 | 15.85% |
| Vanguard Index Fds |
71.83%
117,779
|
$23,393,977,000 | 18.37% |
| Ishares Tr |
Closed
89,524
|
$9,612,881,000 | |
| Vanguard Scottsdale Fds |
510.90%
92,387
|
$7,139,179,000 | 5.61% |
| Ishares U S Etf Tr |
Opened
137,524
|
$6,921,583,000 | 5.44% |
| Schwab Strategic Tr |
Closed
94,020
|
$6,307,804,000 | |
| First Tr Exchng Traded Fd Vi |
Closed
134,822
|
$5,955,097,000 | |
| Fidelity Covington Trust |
Opened
92,118
|
$5,304,536,000 | 4.17% |
| Apple Inc |
4.64%
21,833
|
$4,598,397,000 | 3.61% |
| Select Sector Spdr Tr |
12.37%
69,480
|
$10,276,794,000 | 8.07% |
| Spdr Sp 500 Etf Tr |
2.81%
6,993
|
$3,805,730,000 | 2.99% |
| Vanguard Bd Index Fds |
Opened
52,127
|
$3,755,731,000 | 2.95% |
| World Gold Tr |
Closed
66,658
|
$2,539,010,000 | |
| Spdr Index Shs Fds |
Opened
67,199
|
$2,531,391,000 | 1.99% |
| Goldman Sachs Etf Tr |
93.04%
21,698
|
$2,320,647,000 | 1.82% |
| Microsoft Corporation |
No change
1,845
|
$824,623,000 | 0.65% |
| Amazon.com Inc. |
No change
2,900
|
$560,425,000 | 0.44% |
| Ishares Tr |
Opened
4,973
|
$456,422,000 | 0.36% |
| Visa Inc |
No change
904
|
$237,273,000 | 0.19% |
| Sysco Corp. |
Opened
2,604
|
$200,756,000 | 0.16% |
| AMGEN Inc. |
Opened
641
|
$200,280,000 | 0.16% |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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