Precedent Wealth Partners 13F annual report

Precedent Wealth Partners is an investment fund managing more than $248 billion ran by Harold Williams. There are currently 89 companies in Mr. Williams’s portfolio. The largest investments include Vanguard Index Fds and Ishares Tr, together worth $96.2 billion.

Limited to 30 biggest holdings

$248 billion Assets Under Management (AUM)

As of 16th July 2024, Precedent Wealth Partners’s top holding is 95,598 shares of Vanguard Index Fds currently worth over $25.9 billion and making up 10.5% of the portfolio value. In addition, the fund holds 1,467,246 shares of Ishares Tr worth $70.2 billion. The third-largest holding is Wisdomtree Tr worth $20.8 billion and the next is Vanguard Tax-managed Fds worth $10.1 billion, with 204,634 shares owned.

Currently, Precedent Wealth Partners's portfolio is worth at least $248 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 Precedent Wealth Partners

The Precedent Wealth Partners office and employees reside in Houston, Texas. According to the last 13-F report filed with the SEC, Harold Williams serves as the Founder, Chief Compliance Officer at Precedent Wealth Partners.

Recent trades

In the most recent 13F filing, Precedent Wealth Partners revealed that it had opened a new position in Select Sector Spdr Tr and bought 24,953 shares worth $2.27 billion.

The investment fund also strengthened its position in Vanguard Index Fds by buying 1,100 additional shares. This makes their stake in Vanguard Index Fds total 95,598 shares worth $25.9 billion.

On the other hand, there are companies that Precedent Wealth Partners is getting rid of from its portfolio. Precedent Wealth Partners closed its position in Dow Inc on 23rd July 2024. It sold the previously owned 12,447 shares for $721 million. Harold Williams also disclosed a decreased stake in Wisdomtree Tr by approximately 0.1%. This leaves the value of the investment at $20.8 billion and 389,936 shares.

One of the smaller hedge funds

The two most similar investment funds to Precedent Wealth Partners are Longview Wealth Management and Narus Partners. They manage $248 billion and $248 billion respectively.


Harold Williams investment strategy

Precedent Wealth Partners’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Technology — making up 5.5% of the total portfolio value. The fund focuses on investments in the United States as 46.1% 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 45% of the total holdings value. On the other hand, small-cap stocks make up only 1.1% of the portfolio. The average market cap of the portfolio companies is close to $270 billion.

The complete list of Precedent Wealth Partners trades based on 13F SEC filings

These positions were updated on July 23rd 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
Vanguard Index Fds
1.16%
95,598
$25,924,531,000 10.46%
Ishares Tr
8.87%
1,467,246
$70,225,603,000 28.34%
Wisdomtree Tr
3.32%
389,936
$20,810,921,000 8.40%
Vanguard Tax-managed Fds
3.97%
204,634
$10,113,030,000 4.08%
Spdr Ser Tr
35.76%
238,436
$14,727,457,000 5.94%
Invesco Exchange Traded Fd T
9.30%
256,140
$10,765,835,000 4.34%
Vanguard Bd Index Fds
2.05%
71,064
$5,321,998,000 2.15%
Apple Inc
20.01%
18,449
$3,885,747,000 1.57%
Microsoft Corporation
4.99%
7,977
$3,565,465,000 1.44%
Broadcom Inc
3.17%
1,627
$2,612,921,000 1.05%
Spdr Sp Midcap 400 Etf Tr
No change
4,691
$2,510,158,000 1.01%
Lam Research Corp.
0.74%
2,267
$2,413,655,000 0.97%
Exxon Mobil Corp.
15.23%
19,827
$2,282,454,000 0.92%
Select Sector Spdr Tr
Opened
24,953
$2,274,459,000 0.92%
Vanguard Whitehall Fds
20.67%
38,496
$3,158,509,000 1.27%
Williams-Sonoma, Inc.
0.08%
6,400
$1,807,102,000 0.73%
Jpmorgan Chase Co
4.02%
8,724
$1,764,442,000 0.71%
Chevron Corp.
4.83%
9,927
$1,552,815,000 0.63%
AMGEN Inc.
5.44%
4,810
$1,502,737,000 0.61%
Qualcomm, Inc.
11.11%
7,301
$1,454,294,000 0.59%
NVIDIA Corp
894.84%
11,182
$1,381,452,000 0.56%
Invesco Exch Trd Slf Idx Fd
16.45%
435,901
$10,035,706,000 4.05%
Abbvie Inc
5.46%
7,874
$1,350,542,000 0.55%
Mcdonalds Corp
5.60%
5,278
$1,344,957,000 0.54%
Cisco Sys Inc
18.28%
26,834
$1,274,884,000 0.51%
Accenture Plc Ireland
19.74%
4,094
$1,242,271,000 0.50%
Pepsico Inc
11.21%
7,264
$1,198,080,000 0.48%
Lockheed Martin Corp.
7.11%
2,470
$1,153,854,000 0.47%
Cummins Inc.
5.72%
4,124
$1,141,922,000 0.46%
Bank America Corp
5.86%
28,642
$1,139,087,000 0.46%
Amazon.com Inc.
3.27%
5,838
$1,128,187,000 0.46%
Merck Co Inc
8.32%
9,026
$1,117,426,000 0.45%
Texas Instrs Inc
21.24%
5,605
$1,090,372,000 0.44%
Kinder Morgan Inc
13.90%
54,758
$1,088,043,000 0.44%
Metlife Inc
6.05%
14,995
$1,052,473,000 0.42%
Spdr Sp 500 Etf Tr
0.16%
1,927
$1,048,878,000 0.42%
Blackrock Inc.
6.83%
1,329
$1,046,307,000 0.42%
Johnson Johnson
9.69%
7,131
$1,042,225,000 0.42%
Automatic Data Processing In
8.67%
4,122
$983,776,000 0.40%
Vanguard Mun Bd Fds
17.77%
18,921
$948,152,000 0.38%
J P Morgan Exchange Traded F
1.41%
17,381
$939,964,000 0.38%
Owens Corning
16.20%
5,350
$929,452,000 0.38%
Clorox Co.
0.76%
6,794
$927,225,000 0.37%
Philip Morris International Inc
12.09%
8,884
$900,237,000 0.36%
Abbott Labs
10.25%
8,658
$899,662,000 0.36%
Home Depot, Inc.
5.68%
2,531
$871,237,000 0.35%
Kroger Co.
9.55%
17,099
$853,753,000 0.34%
Duke Energy Corp.
12.34%
8,475
$849,452,000 0.34%
United Parcel Service, Inc.
12.18%
5,829
$797,665,000 0.32%
Dow Inc
Closed
12,447
$721,063,000
Hershey Company
8.47%
3,789
$696,597,000 0.28%
Comcast Corp New
10.61%
17,770
$695,888,000 0.28%
Zoetis Inc
20.52%
3,958
$686,212,000 0.28%
First Tr Exchange-traded Fd
Opened
13,245
$669,137,000 0.27%
Pnc Finl Svcs Group Inc
Opened
4,274
$664,492,000 0.27%
Alphabet Inc
2.87%
7,066
$1,291,635,000 0.52%
Spdr Index Shs Fds
Opened
12,859
$643,337,000 0.26%
Crown Castle Inc
Closed
6,018
$636,851,000
Illinois Tool Wks Inc
17.19%
2,665
$631,432,000 0.25%
Air Prods Chems Inc
24.99%
2,351
$606,547,000 0.24%
Starbucks Corp.
13.33%
7,609
$592,399,000 0.24%
Thermo Fisher Scientific Inc.
Closed
1,017
$591,091,000
Campbell Soup Co.
Closed
13,289
$590,702,000
Verizon Communications Inc
22.17%
13,657
$563,232,000 0.23%
Meta Platforms Inc
8.63%
1,095
$552,212,000 0.22%
J P Morgan Exchange Traded F
Opened
9,844
$546,342,000 0.22%
Dominion Energy Inc
37.86%
10,742
$526,362,000 0.21%
Wisdomtree Tr
Closed
13,154
$521,293,000
Schwab Strategic Tr
59.98%
10,575
$763,139,000 0.31%
Norfolk Southn Corp
41.04%
2,314
$496,793,000 0.20%
American Express Co.
15.03%
2,021
$467,963,000 0.19%
Oxford Inds Inc
33.00%
4,445
$445,179,000 0.18%
Select Sector Spdr Tr
No change
11,170
$1,293,679,000 0.52%
Vanguard Scottsdale Fds
62.64%
1,698
$406,841,000 0.16%
Stryker Corp.
10.40%
1,189
$404,557,000 0.16%
Visa Inc
0.55%
1,461
$383,532,000 0.15%
Stellar Bancorp Inc
No change
16,000
$367,360,000 0.15%
Williams Cos Inc
11.83%
8,540
$362,949,000 0.15%
Costco Whsl Corp New
25.83%
419
$356,318,000 0.14%
Vanguard World Fd
2.26%
2,676
$341,377,000 0.14%
Intuit Inc
Opened
512
$336,714,000 0.14%
Invesco Exch Trd Slf Idx Fd
Opened
12,771
$321,957,000 0.13%
Schwab Strategic Tr
Opened
3,146
$317,243,000 0.13%
Fidelity Natl Information Sv
25.79%
4,190
$315,757,000 0.13%
Vanguard Specialized Funds
0.58%
1,724
$314,716,000 0.13%
Tractor Supply Co.
11.34%
1,129
$304,708,000 0.12%
Target Corp
0.74%
2,039
$301,854,000 0.12%
Salesforce Inc
Closed
904
$272,267,000
Invesco Exchange Traded Fd T
Opened
13,742
$269,893,000 0.11%
Nike, Inc.
Closed
2,620
$246,228,000
Berkshire Hathaway Inc.
15.85%
600
$243,961,000 0.10%
Fidelity Covington Trust
Opened
5,165
$241,619,000 0.10%
Spdr Ser Tr
Opened
2,316
$240,259,000 0.10%
American Tower Corp.
9.70%
1,219
$236,949,000 0.10%
Intel Corp.
Closed
5,296
$233,922,000
Mastercard Incorporated
0.78%
515
$227,300,000 0.09%
Vanguard Star Fds
Closed
3,403
$205,201,000
Select Sector Spdr Tr
Closed
1,612
$203,048,000
International Business Machs
65.92%
1,166
$201,598,000 0.08%
No transactions found
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