Philip James Wealth Mangement is an investment fund managing more than $140 billion ran by Nicholas Mcelroy. There are currently 55 companies in Mr. Mcelroy’s portfolio. The largest investments include J P Morgan Exchange Traded F and VanEck ETF Trust, together worth $31 billion.
As of 16th July 2024, Philip James Wealth Mangement’s top holding is 361,275 shares of J P Morgan Exchange Traded F currently worth over $18.5 billion and making up 13.2% of the portfolio value.
In addition, the fund holds 138,869 shares of VanEck ETF Trust worth $12.5 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Ishares Tr worth $30.9 billion and the next is First Tr Exchng Traded Fd Vi worth $17.4 billion, with 680,356 shares owned.
Currently, Philip James Wealth Mangement's portfolio is worth at least $140 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.
The Philip James Wealth Mangement office and employees reside in Milton, Georgia. According to the last 13-F report filed with the SEC, Nicholas Mcelroy serves as the President at Philip James Wealth Mangement.
In the most recent 13F filing, Philip James Wealth Mangement revealed that it had opened a new position in
Mcdonalds Corp and bought 1,180 shares worth $333 million.
The investment fund also strengthened its position in J P Morgan Exchange Traded F by buying
36,740 additional shares.
This makes their stake in J P Morgan Exchange Traded F total 361,275 shares worth $18.5 billion.
On the other hand, there are companies that Philip James Wealth Mangement is getting rid of from its portfolio.
Philip James Wealth Mangement closed its position in Air Prods Chems Inc on 23rd July 2024.
It sold the previously owned 1,305 shares for $357 million.
Nicholas Mcelroy also disclosed a decreased stake in Ishares Inc by approximately 0.1%.
This leaves the value of the investment at $1.57 billion and 14,904 shares.
The two most similar investment funds to Philip James Wealth Mangement are Ballew Advisors, Inc and Council Asset Management Inc. They manage $149 billion and $149 billion respectively.
Philip James Wealth Mangement’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Miscellaneous — making up 13.0% of
the total portfolio value.
The fund focuses on investments in the United States as
45.5% 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
51% of the total holdings value.
On the other hand, small-cap stocks make up only 5.5% of the portfolio.
The average market cap of the portfolio companies is close to $322 billion.
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 |
|---|---|---|---|
| J P Morgan Exchange Traded F |
11.32%
361,275
|
$18,483,184,000 | 13.18% |
| VanEck ETF Trust |
5.03%
138,869
|
$12,484,321,000 | 8.90% |
| Ishares Tr |
4.51%
494,197
|
$30,904,394,000 | 22.04% |
| First Tr Exchng Traded Fd Vi |
4.89%
680,356
|
$17,441,826,000 | 12.44% |
| Vanguard Index Fds |
4.26%
40,979
|
$10,482,609,000 | 7.47% |
| First Tr Exch Traded Fd Iii |
6.82%
102,707
|
$6,332,905,000 | 4.52% |
| Innovator ETFs Trust |
5.13%
137,723
|
$5,748,558,000 | 4.10% |
| Listed Fd Tr |
10.76%
219,819
|
$6,556,602,000 | 4.67% |
| Invesco Actively Managed Etf |
12.28%
103,725
|
$3,815,014,000 | 2.72% |
| Vanguard Scottsdale Fds |
18.87%
38,639
|
$3,348,852,000 | 2.39% |
| First Tr Exchange-traded Fd |
4.79%
65,808
|
$3,040,980,000 | 2.17% |
| Ishares Inc |
0.58%
14,904
|
$1,568,944,000 | 1.12% |
| NVIDIA Corp |
7.35%
1,726
|
$1,559,772,000 | 1.11% |
| Invesco Exchange Traded Fd T |
7.81%
25,580
|
$1,449,847,000 | 1.03% |
| Amazon.com Inc. |
1.25%
7,311
|
$1,318,758,000 | 0.94% |
| Vanguard Specialized Funds |
4.99%
6,952
|
$1,269,543,000 | 0.91% |
| Apple Inc |
4.31%
7,355
|
$1,261,307,000 | 0.90% |
| NextEra Energy Inc |
1.93%
12,674
|
$809,990,000 | 0.58% |
| Select Sector Spdr Tr |
0.59%
15,548
|
$654,879,000 | 0.47% |
| Crowdstrike Holdings Inc |
0.16%
1,894
|
$607,197,000 | 0.43% |
| Pimco Etf Tr |
3.35%
5,675
|
$570,559,000 | 0.41% |
| Microsoft Corporation |
5.45%
1,353
|
$569,260,000 | 0.41% |
| Berkshire Hathaway Inc. |
52.28%
1,337
|
$562,235,000 | 0.40% |
| Eli Lilly & Co |
0.15%
668
|
$519,781,000 | 0.37% |
| Alphabet Inc |
3.15%
3,048
|
$464,088,000 | 0.33% |
| Procter And Gamble Co |
0.59%
2,742
|
$444,928,000 | 0.32% |
| Nucor Corp. |
22.07%
2,221
|
$439,603,000 | 0.31% |
| Johnson & Johnson |
13.95%
2,763
|
$437,078,000 | 0.31% |
| Msc Indl Direct Inc |
19.05%
4,066
|
$394,538,000 | 0.28% |
| Altria Group Inc. |
11.75%
8,335
|
$363,589,000 | 0.26% |
| Air Prods Chems Inc |
Closed
1,305
|
$357,254,000 | |
| Mcdonalds Corp |
Opened
1,180
|
$332,633,000 | 0.24% |
| Linde Plc. |
Opened
699
|
$324,560,000 | 0.23% |
| Pepsico Inc |
Closed
1,839
|
$312,275,000 | |
| Graco Inc. |
31.09%
3,331
|
$311,290,000 | 0.22% |
| Visa Inc |
3.12%
1,092
|
$304,671,000 | 0.22% |
| Black Hills Corporation |
Closed
5,575
|
$300,786,000 | |
| Lockheed Martin Corp. |
2.81%
659
|
$299,775,000 | 0.21% |
| Sysco Corp. |
32.24%
3,495
|
$283,698,000 | 0.20% |
| Walmart Inc |
174.10%
4,698
|
$282,657,000 | 0.20% |
| Wp Carey Inc |
Closed
4,232
|
$274,299,000 | |
| Caseys Gen Stores Inc |
32.06%
856
|
$272,519,000 | 0.19% |
| C.H. Robinson Worldwide, Inc. |
Closed
3,125
|
$269,958,000 | |
| Home Depot, Inc. |
0.58%
695
|
$266,577,000 | 0.19% |
| Ally Finl Inc |
Opened
6,539
|
$265,431,000 | 0.19% |
| Abbott Labs |
Closed
2,304
|
$253,609,000 | |
| Emerson Elec Co |
Opened
2,230
|
$252,943,000 | 0.18% |
| Quanta Svcs Inc |
No change
971
|
$252,379,000 | 0.18% |
| Texas Instrs Inc |
18.31%
1,437
|
$250,368,000 | 0.18% |
| Chubb Limited |
37.59%
913
|
$236,706,000 | 0.17% |
| BP plc |
Opened
6,262
|
$235,952,000 | 0.17% |
| Constellation Brands, Inc. |
Opened
855
|
$232,279,000 | 0.17% |
| Us Bancorp Del |
10.63%
5,172
|
$231,173,000 | 0.16% |
| JPMorgan Chase & Co. |
Opened
1,140
|
$228,369,000 | 0.16% |
| Medtronic Plc |
36.57%
2,583
|
$225,131,000 | 0.16% |
| Adobe Inc |
Closed
376
|
$224,322,000 | |
| Chevron Corp. |
55.91%
1,414
|
$223,010,000 | 0.16% |
| Genuine Parts Co. |
Closed
1,600
|
$221,589,000 | |
| Qualcomm, Inc. |
Opened
1,265
|
$214,106,000 | 0.15% |
| Polaris Inc |
Closed
2,257
|
$213,849,000 | |
| Diageo plc |
Closed
1,462
|
$212,958,000 | |
| Realty Income Corp. |
Closed
3,674
|
$210,960,000 | |
| CVS Health Corp |
Opened
2,628
|
$209,636,000 | 0.15% |
| Stanley Black Decker Inc |
Closed
2,132
|
$209,118,000 | |
| Exxon Mobil Corp. |
Opened
1,795
|
$208,634,000 | 0.15% |
| Kellanova Co |
Opened
3,504
|
$200,718,000 | 0.14% |
| Roper Technologies Inc |
Opened
357
|
$200,222,000 | 0.14% |
| No transactions found | |||
| Showing first 500 out of 67 holdings | |||