Riverpoint Wealth Management is an investment fund managing more than $315 billion ran by Gerardo Martinez. There are currently 32 companies in Mr. Martinez’s portfolio. The largest investments include Goldman Sachs Etf Tr and Schwab Strategic Tr, together worth $124 billion.
As of 1st August 2023, Riverpoint Wealth Management’s top holding is 685,021 shares of Goldman Sachs Etf Tr currently worth over $59.8 billion and making up 19.0% of the portfolio value.
In addition, the fund holds 1,569,522 shares of Schwab Strategic Tr worth $63.8 billion.
The third-largest holding is Vanguard Tax-managed Fds worth $34.9 billion and the next is Vanguard Index Fds worth $59.4 billion, with 245,339 shares owned.
Currently, Riverpoint Wealth Management's portfolio is worth at least $315 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 Riverpoint Wealth Management office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, Gerardo Martinez serves as the Regulatory Consultant at Riverpoint Wealth Management.
In the most recent 13F filing, Riverpoint Wealth Management revealed that it had opened a new position in
Fidelity Merrimack Str Tr and bought 262,877 shares worth $11.9 billion.
The investment fund also strengthened its position in Goldman Sachs Etf Tr by buying
77,776 additional shares.
This makes their stake in Goldman Sachs Etf Tr total 685,021 shares worth $59.8 billion.
On the other hand, there are companies that Riverpoint Wealth Management is getting rid of from its portfolio.
Riverpoint Wealth Management closed its position in Flexshares Tr on 7th August 2023.
It sold the previously owned 19,994 shares for $1.11 million.
Gerardo Martinez also disclosed a decreased stake in Accenture Plc Ireland by approximately 0.1%.
This leaves the value of the investment at $6.03 billion and 19,532 shares.
The two most similar investment funds to Riverpoint Wealth Management are Xcel Wealth Management and Engrave Wealth Partners. They manage $316 billion and $316 billion respectively.
Riverpoint Wealth Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Miscellaneous — making up 5.9% of
the total portfolio value.
The fund focuses on investments in the United States as
31.3% 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
31% of the total holdings value.
On the other hand, small-cap stocks make up only 3.1% of the portfolio.
The average market cap of the portfolio companies is close to $477 billion.
These positions were updated on August 7th 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 |
|---|---|---|---|
| Goldman Sachs Etf Tr |
12.81%
685,021
|
$59,802,292,000 | 18.96% |
| Schwab Strategic Tr |
22.99%
1,569,522
|
$63,795,619,000 | 20.23% |
| Vanguard Tax-managed Fds |
17.24%
756,600
|
$34,939,767,000 | 11.08% |
| Vanguard Index Fds |
9.25%
245,339
|
$59,379,663,000 | 18.83% |
| Fidelity Covington Trust |
76.65%
739,240
|
$18,547,537,000 | 5.88% |
| Ishares Tr |
3.43%
139,899
|
$35,707,125,000 | 11.32% |
| Fidelity Merrimack Str Tr |
Opened
262,877
|
$11,939,871,000 | 3.79% |
| Accenture Plc Ireland |
9.86%
19,532
|
$6,027,217,000 | 1.91% |
| Select Sector Spdr Tr |
11.33%
36,764
|
$4,879,708,000 | 1.55% |
| Vanguard Specialized Funds |
0.51%
19,860
|
$3,225,788,000 | 1.02% |
| Apple Inc |
1.84%
12,743
|
$2,471,768,000 | 0.78% |
| Spdr Ser Tr |
14.31%
51,950
|
$2,244,256,000 | 0.71% |
| Microsoft Corporation |
15.10%
5,474
|
$1,864,123,000 | 0.59% |
| Vanguard Intl Equity Index F |
12.87%
42,865
|
$1,743,762,000 | 0.55% |
| Abbvie Inc |
5.27%
7,825
|
$1,054,227,000 | 0.33% |
| Vanguard World Fds |
4.05%
3,030
|
$1,149,450,000 | 0.36% |
| Johnson Johnson |
0.46%
3,460
|
$572,645,000 | 0.18% |
| Home Depot, Inc. |
10.58%
1,788
|
$555,418,000 | 0.18% |
| Vanguard Bd Index Fds |
Opened
7,624
|
$554,197,000 | 0.18% |
| Ishares Gold Tr |
No change
13,073
|
$475,709,000 | 0.15% |
| Pfizer Inc. |
3.38%
11,180
|
$410,075,000 | 0.13% |
| Amazon.com Inc. |
782.37%
3,053
|
$397,988,000 | 0.13% |
| Goldman Sachs Group, Inc. |
35.95%
1,224
|
$394,906,000 | 0.13% |
| Ishares Tr |
Opened
6,983
|
$855,706,000 | 0.27% |
| Willis Towers Watson Plc Ltd |
0.20%
1,541
|
$362,796,000 | 0.12% |
| Lpl Finl Hldgs Inc |
No change
1,532
|
$333,103,000 | 0.11% |
| Oracle Corp. |
50.18%
2,730
|
$325,163,000 | 0.10% |
| Cisco Sys Inc |
23.13%
5,740
|
$296,978,000 | 0.09% |
| Procter And Gamble Co |
18.23%
1,913
|
$290,349,000 | 0.09% |
| Stryker Corp. |
31.38%
938
|
$286,084,000 | 0.09% |
| Ventas Inc |
No change
5,096
|
$240,888,000 | 0.08% |
| Abbott Labs |
Opened
1,935
|
$210,929,000 | 0.07% |
| Flexshares Tr |
Closed
19,994
|
$1,113,000 | |
| Ishares Tr |
Closed
35,527
|
$1,831,000 | |
| Goldman Sachs Etf Tr |
Closed
35,653
|
$1,247,000 | |
| Vanguard Intl Equity Index F |
Closed
9,200
|
$561,000 | |
| First Trust Lrgcp Gwt Alphad |
Closed
4,918
|
$546,000 | |
| Alphabet Inc |
Closed
304
|
$812,000 | |
| Disney Walt Co |
Closed
2,372
|
$401,000 | |
| Kraft Heinz Co |
Closed
8,770
|
$323,000 | |
| CVS Health Corp |
Closed
3,671
|
$312,000 | |
| Select Sector Spdr Tr |
Closed
1,808
|
$270,000 | |
| Berkshire Hathaway Inc. |
Closed
915
|
$250,000 | |
| Broadcom Inc. |
Closed
500
|
$243,000 | |
| Nike, Inc. |
Closed
1,575
|
$229,000 | |
| Vanguard Index Fds |
Closed
700
|
$203,000 | |
| No transactions found | |||
| Showing first 500 out of 46 holdings | |||