Solidarity Wealth 13F annual report
Solidarity Wealth is an investment fund managing more than $329 billion ran by Jeffrey Mcclean. There are currently 82 companies in Mr. Mcclean’s portfolio. The largest investments include Apple Inc and Amazon.com, together worth $53.9 billion.
$329 billion Assets Under Management (AUM)
As of 5th August 2024, Solidarity Wealth’s top holding is 154,945 shares of Apple Inc currently worth over $32.6 billion and making up 9.9% of the portfolio value.
Relative to the number of outstanding shares of Apple Inc, Solidarity Wealth owns more than approximately 0.1% of the company.
In addition, the fund holds 110,033 shares of Amazon.com worth $21.3 billion, whose value fell 3.1% in the past six months.
The third-largest holding is Microsoft worth $21.2 billion and the next is Alphabet Inc worth $19 billion, with 104,360 shares owned.
Currently, Solidarity Wealth's portfolio is worth at least $329 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 Solidarity Wealth
The Solidarity Wealth office and employees reside in Lehi, Utah. According to the last 13-F report filed with the SEC, Jeffrey Mcclean serves as the Chief Compliance Officer at Solidarity Wealth.
Recent trades
In the most recent 13F filing, Solidarity Wealth revealed that it had opened a new position in
Copart and bought 41,600 shares worth $2.25 billion.
This means they effectively own approximately 0.1% of the company.
Copart makes up
2.7%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Microsoft by buying
603 additional shares.
This makes their stake in Microsoft total 47,446 shares worth $21.2 billion.
Microsoft dropped approximately 0.1% in the past year.
On the other hand, there are companies that Solidarity Wealth is getting rid of from its portfolio.
Solidarity Wealth closed its position in MercadoLibre Inc on 12th August 2024.
It sold the previously owned 1,700 shares for $2.57 billion.
Jeffrey Mcclean also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $32.6 billion and 154,945 shares.
One of the smaller hedge funds
The two most similar investment funds to Solidarity Wealth are High Net Worth Advisory and Cypress Capital. They manage $330 billion and $329 billion respectively.
Jeffrey Mcclean investment strategy
Solidarity Wealth’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 25.3% of
the total portfolio value.
The fund focuses on investments in the United States as
63.4% 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
60% of the total holdings value.
On the other hand, small-cap stocks make up only 2.4% of the portfolio.
The average market cap of the portfolio companies is close to $237 billion.
The complete list of Solidarity Wealth trades based on 13F SEC filings
These positions were updated on August 12th 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 |
|---|---|---|---|
| Apple Inc |
9.25%
154,945
|
$32,634,550,000 | 9.90% |
| Amazon.com Inc. |
3.55%
110,033
|
$21,263,877,000 | 6.45% |
| Microsoft Corporation |
1.29%
47,446
|
$21,206,028,000 | 6.44% |
| Alphabet Inc |
4.27%
104,360
|
$19,019,914,000 | 5.77% |
| Berkshire Hathaway Inc. |
31.46%
40,846
|
$16,616,153,000 | 5.04% |
| Allison Transmission Hldgs I |
14.05%
216,171
|
$16,407,341,000 | 4.98% |
| Autozone Inc. |
1.25%
4,207
|
$12,469,969,000 | 3.78% |
| Visa Inc |
3.11%
45,806
|
$12,022,706,000 | 3.65% |
| Mcdonalds Corp |
3.14%
36,144
|
$9,210,937,000 | 2.80% |
| Mastercard Incorporated |
2.42%
20,801
|
$9,176,569,000 | 2.79% |
| Adobe Inc |
11.37%
15,049
|
$8,360,321,000 | 2.54% |
| Markel Group Inc |
3.99%
5,239
|
$8,254,095,000 | 2.51% |
| Oreilly Automotive Inc |
36.81%
7,000
|
$7,391,892,000 | 2.24% |
| Fair Isaac Corp. |
2.87%
4,642
|
$6,910,360,000 | 2.10% |
| Verizon Communications Inc |
5.00%
162,342
|
$6,694,984,000 | 2.03% |
| Asml Holding N V |
26.59%
6,117
|
$6,256,041,000 | 1.90% |
| RTX Corp |
8.17%
61,720
|
$6,196,071,000 | 1.88% |
| Mettler-Toledo International, Inc. |
6.58%
4,293
|
$5,999,854,000 | 1.82% |
| Booking Holdings Inc |
3.32%
1,483
|
$5,874,905,000 | 1.78% |
| Lancaster Colony Corp. |
4.68%
29,221
|
$5,521,892,000 | 1.68% |
| Nike, Inc. |
44.87%
68,500
|
$5,162,845,000 | 1.57% |
| Goldman Sachs Group, Inc. |
1.82%
11,316
|
$5,118,453,000 | 1.55% |
| Unitedhealth Group Inc |
0.51%
9,767
|
$4,973,942,000 | 1.51% |
| NextEra Energy Inc |
7.60%
70,165
|
$4,968,405,000 | 1.51% |
| Meta Platforms Inc |
6.33%
8,400
|
$4,235,448,000 | 1.29% |
| Fedex Corp |
3.25%
13,491
|
$4,045,141,000 | 1.23% |
| American Tower Corp. |
7.10%
18,936
|
$3,680,780,000 | 1.12% |
| VanEck ETF Trust |
3.36%
10,629
|
$3,360,677,000 | 1.02% |
| MSCI Inc |
7.25%
6,400
|
$3,083,200,000 | 0.94% |
| Grainger W W Inc |
No change
3,319
|
$2,994,535,000 | 0.91% |
| Accenture Plc Ireland |
1,118.34%
9,369
|
$2,842,648,000 | 0.86% |
| Cboe Global Mkts Inc |
2.08%
15,792
|
$2,685,588,000 | 0.82% |
| MercadoLibre Inc |
Closed
1,700
|
$2,570,332,000 | |
| Transdigm Group Incorporated |
20.57%
1,927
|
$2,461,954,000 | 0.75% |
| CME Group Inc |
No change
12,510
|
$2,459,466,000 | 0.75% |
| JPMorgan Chase & Co. |
76.12%
12,031
|
$2,433,390,000 | 0.74% |
| S&P Global Inc |
21.97%
5,326
|
$2,375,396,000 | 0.72% |
| Citigroup Inc |
5.04%
36,174
|
$2,295,593,000 | 0.70% |
| Walmart Inc |
89.12%
33,317
|
$2,255,894,000 | 0.68% |
| Copart, Inc. |
Opened
41,600
|
$2,253,056,000 | 0.68% |
| Deere & Co. |
10.43%
6,014
|
$2,247,011,000 | 0.68% |
| Lockheed Martin Corp. |
42.67%
4,300
|
$2,008,530,000 | 0.61% |
| Drilling Tools Intl Corp |
No change
317,227
|
$1,782,816,000 | 0.54% |
| Waste Mgmt Inc Del |
126.22%
8,239
|
$1,757,708,000 | 0.53% |
| NVIDIA Corp |
906.56%
13,810
|
$1,706,087,000 | 0.52% |
| Pepsico Inc |
Closed
8,311
|
$1,465,022,000 | |
| Liberty Media Corp. |
1.02%
64,759
|
$1,435,059,000 | 0.44% |
| Home Depot, Inc. |
214.23%
4,019
|
$1,383,501,000 | 0.42% |
| Vanguard Index Fds |
Opened
4,540
|
$1,214,495,000 | 0.37% |
| Starbucks Corp. |
0.48%
13,625
|
$1,060,706,000 | 0.32% |
| Ferrari N.V. |
Opened
2,500
|
$1,019,895,000 | 0.31% |
| Simon Ppty Group Inc New |
No change
6,170
|
$936,606,000 | 0.28% |
| Paramount Global |
9.66%
89,063
|
$925,365,000 | 0.28% |
| Abbvie Inc |
5.44%
5,248
|
$900,137,000 | 0.27% |
| Costco Whsl Corp New |
82.27%
905
|
$769,241,000 | 0.23% |
| Elevance Health Inc |
No change
1,268
|
$687,078,000 | 0.21% |
| Chevron Corp. |
69.45%
3,857
|
$603,312,000 | 0.18% |
| Spdr S&p 500 Etf Tr |
15.00%
874
|
$475,738,000 | 0.14% |
| SoFi Technologies, Inc. |
No change
65,661
|
$434,019,000 | 0.13% |
| Vanguard Star Fds |
Opened
7,100
|
$428,130,000 | 0.13% |
| Analog Devices Inc. |
0.59%
1,852
|
$422,738,000 | 0.13% |
| Abbott Labs |
18.72%
3,843
|
$399,326,000 | 0.12% |
| Natural Resource Partners L |
Opened
4,094
|
$366,986,000 | 0.11% |
| Arista Networks Inc |
No change
920
|
$322,442,000 | 0.10% |
| Ishares Gold Tr |
No change
7,087
|
$311,332,000 | 0.09% |
| Coca-Cola Co |
13.75%
4,829
|
$307,366,000 | 0.09% |
| Mondelez International Inc. |
Closed
4,294
|
$302,405,000 | |
| Kinder Morgan Inc |
12.12%
15,103
|
$300,097,000 | 0.09% |
| NRG Energy Inc. |
Opened
3,827
|
$297,970,000 | 0.09% |
| Tesla Inc |
2.31%
1,504
|
$297,612,000 | 0.09% |
| Ishares Tr |
No change
4,070
|
$490,824,000 | 0.15% |
| Intuit Inc |
No change
398
|
$261,570,000 | 0.08% |
| Conocophillips |
No change
2,274
|
$260,100,000 | 0.08% |
| KLA Corp. |
No change
300
|
$247,353,000 | 0.08% |
| Sysco Corp. |
5.54%
3,410
|
$243,440,000 | 0.07% |
| Wells Fargo Co New |
No change
4,023
|
$238,926,000 | 0.07% |
| PayPal Holdings Inc |
30.85%
4,043
|
$234,615,000 | 0.07% |
| Boeing Co. |
Opened
1,275
|
$232,063,000 | 0.07% |
| Lightwave Logic Inc |
No change
75,866
|
$226,839,000 | 0.07% |
| McCormick & Co., Inc. |
40.09%
3,120
|
$221,333,000 | 0.07% |
| Annaly Capital Management In |
25.47%
11,459
|
$218,409,000 | 0.07% |
| Select Sector Spdr Tr |
No change
2,344
|
$213,656,000 | 0.06% |
| Shopify Inc |
Closed
2,752
|
$212,372,000 | |
| J P Morgan Exchange Traded F |
17.93%
3,624
|
$205,408,000 | 0.06% |
| Union Pac Corp |
1.66%
886
|
$200,466,000 | 0.06% |
| Ishares Tr |
Closed
381
|
$200,303,000 | |
| Largo Inc |
No change
14,034
|
$25,848,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 87 holdings | |||
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