Riverglades Family Offices 13F annual report
Riverglades Family Offices is an investment fund managing more than $129 billion ran by Paul Marinelli. There are currently 57 companies in Mr. Marinelli’s portfolio. The largest investments include Ishares Tr and Vanguard Tax-managed Fds, together worth $58.7 billion.
$129 billion Assets Under Management (AUM)
As of 6th August 2024, Riverglades Family Offices’s top holding is 361,540 shares of Ishares Tr currently worth over $50 billion and making up 38.9% of the portfolio value.
In addition, the fund holds 176,066 shares of Vanguard Tax-managed Fds worth $8.7 billion.
The third-largest holding is Vanguard Intl Equity Index F worth $7.71 billion and the next is Select Sector Spdr Tr worth $15.1 billion, with 137,369 shares owned.
Currently, Riverglades Family Offices's portfolio is worth at least $129 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 Riverglades Family Offices
The Riverglades Family Offices office and employees reside in Naples, Florida. According to the last 13-F report filed with the SEC, Paul Marinelli serves as the Paul J. Marinelli at Riverglades Family Offices.
Recent trades
In the most recent 13F filing, Riverglades Family Offices revealed that it had opened a new position in
Cboe Global Mkts Inc and bought 2,300 shares worth $391 million.
The investment fund also strengthened its position in Vanguard Tax-managed Fds by buying
401 additional shares.
This makes their stake in Vanguard Tax-managed Fds total 176,066 shares worth $8.7 billion.
On the other hand, there are companies that Riverglades Family Offices is getting rid of from its portfolio.
Riverglades Family Offices closed its position in Becton Dickinson Co on 13th August 2024.
It sold the previously owned 1,600 shares for $376 million.
Paul Marinelli also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $50 billion and 361,540 shares.
One of the smallest hedge funds
The two most similar investment funds to Riverglades Family Offices are Schusterman Interests and Avid Wealth Partners. They manage $129 billion and $129 billion respectively.
Paul Marinelli investment strategy
Riverglades Family Offices’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 4.2% of
the total portfolio value.
The fund focuses on investments in the United States as
45.6% 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
47% of the total holdings value.
On the other hand, small-cap stocks make up only 3.5% of the portfolio.
The average market cap of the portfolio companies is close to $281 billion.
The complete list of Riverglades Family Offices trades based on 13F SEC filings
These positions were updated on August 13th 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 |
0.28%
361,540
|
$49,981,136,000 | 38.85% |
| Vanguard Tax-managed Fds |
0.23%
176,066
|
$8,701,159,000 | 6.76% |
| Vanguard Intl Equity Index F |
0.24%
160,087
|
$7,711,772,000 | 5.99% |
| Select Sector Spdr Tr |
0.11%
137,369
|
$15,051,465,000 | 11.70% |
| Spdr Ser Tr |
7.10%
259,990
|
$8,703,875,000 | 6.77% |
| Ishares Gold Tr |
0.42%
90,097
|
$3,957,962,000 | 3.08% |
| Vanguard Index Fds |
0.89%
23,125
|
$4,668,295,000 | 3.63% |
| Vanguard Charlotte Fds |
6.72%
50,705
|
$2,467,813,000 | 1.92% |
| Barclays Bank PLC |
1.54%
71,685
|
$2,298,222,000 | 1.79% |
| Vanguard Mun Bd Fds |
0.22%
45,571
|
$2,283,578,000 | 1.78% |
| Apple Inc |
0.51%
7,851
|
$1,653,619,000 | 1.29% |
| Spdr Sp 500 Etf Tr |
No change
2,571
|
$1,398,993,000 | 1.09% |
| Marathon Pete Corp |
No change
6,700
|
$1,162,316,000 | 0.90% |
| Palo Alto Networks Inc |
No change
3,300
|
$1,118,733,000 | 0.87% |
| Microsoft Corporation |
No change
2,300
|
$1,027,985,000 | 0.80% |
| Unitedhealth Group Inc |
No change
1,800
|
$916,668,000 | 0.71% |
| Amazon.com Inc. |
0.57%
3,518
|
$679,854,000 | 0.53% |
| Hubbell Inc. |
No change
1,850
|
$676,138,000 | 0.53% |
| Enterprise Prods Partners L |
No change
22,723
|
$658,505,000 | 0.51% |
| Alphabet Inc |
No change
5,790
|
$1,057,557,000 | 0.82% |
| Applied Matls Inc |
No change
2,700
|
$637,173,000 | 0.50% |
| Exxon Mobil Corp. |
No change
4,975
|
$572,722,000 | 0.45% |
| Meta Platforms Inc |
No change
1,130
|
$569,769,000 | 0.44% |
| Oneok Inc. |
No change
6,900
|
$562,695,000 | 0.44% |
| Schlumberger Ltd. |
10.00%
11,000
|
$518,980,000 | 0.40% |
| RTX Corp |
No change
4,600
|
$461,794,000 | 0.36% |
| Bank America Corp |
No change
11,300
|
$449,401,000 | 0.35% |
| Gallagher Arthur J Co |
0.06%
1,647
|
$427,010,000 | 0.33% |
| VanEck ETF Trust |
No change
12,013
|
$407,587,000 | 0.32% |
| Ishares Silver Tr |
9.09%
15,000
|
$398,550,000 | 0.31% |
| Salesforce Inc |
No change
1,525
|
$392,078,000 | 0.30% |
| Cboe Global Mkts Inc |
Opened
2,300
|
$391,138,000 | 0.30% |
| Constellation Brands Inc |
No change
1,500
|
$385,920,000 | 0.30% |
| Becton Dickinson Co |
Closed
1,600
|
$376,000,000 | |
| ServiceNow Inc |
No change
475
|
$373,669,000 | 0.29% |
| Mondelez International Inc. |
No change
5,700
|
$373,008,000 | 0.29% |
| CVS Health Corp |
No change
6,200
|
$366,172,000 | 0.28% |
| Choice Hotels International, Inc. |
11.11%
3,000
|
$357,000,000 | 0.28% |
| CME Group Inc |
54.55%
1,700
|
$334,220,000 | 0.26% |
| Novartis AG |
No change
2,800
|
$298,088,000 | 0.23% |
| General Dynamics Corp. |
No change
1,000
|
$290,140,000 | 0.23% |
| Energy Transfer L P |
No change
17,850
|
$289,527,000 | 0.23% |
| Johnson Johnson |
No change
1,900
|
$277,704,000 | 0.22% |
| Eaton Corp Plc |
No change
849
|
$266,204,000 | 0.21% |
| Aon plc. |
6.51%
900
|
$264,222,000 | 0.21% |
| Veeva Sys Inc |
Opened
1,375
|
$251,639,000 | 0.20% |
| Vanguard Bd Index Fds |
4.83%
3,255
|
$249,659,000 | 0.19% |
| Philip Morris International Inc |
No change
2,460
|
$249,272,000 | 0.19% |
| Vanguard Scottsdale Fds |
No change
3,084
|
$246,505,000 | 0.19% |
| Berkshire Hathaway Inc. |
No change
575
|
$233,910,000 | 0.18% |
| Bunge Global SA |
No change
2,000
|
$213,540,000 | 0.17% |
| Peabody Energy Corp. |
No change
9,600
|
$212,352,000 | 0.17% |
| Broadcom Inc |
Opened
131
|
$210,325,000 | 0.16% |
| Airbnb, Inc. |
No change
1,375
|
$208,492,000 | 0.16% |
| Agnico Eagle Mines Ltd |
Closed
3,000
|
$204,300,000 | |
| Nutrien Ltd |
No change
4,000
|
$203,640,000 | 0.16% |
| Ishares Tr |
Opened
3,910
|
$200,427,000 | 0.16% |
| Alamos Gold Inc. |
No change
12,500
|
$196,000,000 | 0.15% |
| Crescent Energy Company |
No change
10,200
|
$120,870,000 | 0.09% |
| No transactions found | |||
| Showing first 500 out of 59 holdings | |||
Hedge funds similar to Riverglades Family Offices
- Richardson Capital Management
- Taylor
- Community Bank Of Raymore
- Clarity Capital Advisors
- Client First Investment Management
- Avid Wealth Partners
- Schusterman Interests
- Valley Brook Capital
- Portman Square Capital LL.P.
- Peoples Bank/ks
- Srn Advisors
- Westwood Wealth Management
- Bancreek Capital Management, L.P.
- Holistic Planning