Ewg Elevate 13F annual report

Ewg Elevate is an investment fund managing more than $144 million ran by Richard Watson. There are currently 39 companies in Mr. Watson’s portfolio. The largest investments include Schwab Strategic Tr and Spdr S&p 500 Etf Tr, together worth $50.4 million.

Limited to 30 biggest holdings

$144 million Assets Under Management (AUM)

As of 7th October 2020, Ewg Elevate’s top holding is 719,879 shares of Schwab Strategic Tr currently worth over $40.6 million and making up 28.2% of the portfolio value. In addition, the fund holds 31,950 shares of Spdr S&p 500 Etf Tr worth $9.85 million. The third-largest holding is Vanguard World Fds worth $7.9 million and the next is Spdr Gold Tr worth $7.37 million, with 44,029 shares owned.

Currently, Ewg Elevate's portfolio is worth at least $144 million. 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 Ewg Elevate

The Ewg Elevate office and employees reside in Roseville, California. According to the last 13-F report filed with the SEC, Richard Watson serves as the President and Chief Compliance Officer at Ewg Elevate.

Recent trades

In the most recent 13F filing, Ewg Elevate revealed that it had opened a new position in Spdr Gold Tr and bought 44,029 shares worth $7.37 million.

The investment fund also strengthened its position in Spdr S&p 500 Etf Tr by buying 1,015 additional shares. This makes their stake in Spdr S&p 500 Etf Tr total 31,950 shares worth $9.85 million.

On the other hand, there are companies that Ewg Elevate is getting rid of from its portfolio. Ewg Elevate closed its position in Intel on 7th July 2020. It sold the previously owned 102,469 shares for $5.55 million. Richard Watson also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%. This leaves the value of the investment at $40.6 million and 719,879 shares.

One of the smallest hedge funds

The two most similar investment funds to Ewg Elevate are Rainey & Randall Investment Management Inc and Horizon Investment Services. They manage $144 million and $144 million respectively.

Richard Watson investment strategy

Ewg Elevate’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Finance — making up 3.3% of the total portfolio value. The fund focuses on investments in the United States as 20.5% 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 15% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $621 billion.

The complete list of Ewg Elevate trades based on 13F SEC filings

These positions were updated on July 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
Schwab Strategic Tr	3.31% 719,879	$40,582,000	28.24%
Spdr S&p 500 Etf Tr	3.28% 31,950	$9,852,000	6.86%
Vanguard World Fds	435.02% 28,340	$7,899,000	5.50%
Spdr Gold Tr	Opened 44,029	$7,369,000	5.13%
Direxion Shs Etf Tr	55.47% 111,967	$6,663,000	4.64%
Costco Whsl Corp New	4.62% 21,311	$6,462,000	4.50%
Intel Corp.	Closed 102,469	$5,546,000
Wp Carey Inc	44.78% 77,976	$5,275,000	3.67%
The Boeing Co.	Closed 33,014	$4,924,000
Spdr Ser Tr	Opened 94,253	$4,918,000	3.42%
Select Sector Spdr Tr	22.54% 46,245	$4,832,000	3.36%
Ares Capital Corp.	55.07% 307,885	$4,449,000	3.10%
Ssga Active Etf Tr	4.11% 80,849	$4,006,000	2.79%
Ishares Tr	Opened 75,056	$8,212,000	5.71%
Ishares Tr	1.07% 149,516	$9,513,000	6.62%
First Tr Exchange-traded Fd	3.55% 82,213	$3,768,000	2.62%
Pimco Etf Tr	1.23% 33,289	$3,715,000	2.59%
Ishares Tr	Closed 68,131	$7,971,000
Delta Air Lines, Inc.	Closed 100,696	$2,873,000
Ishares Inc	Opened 63,521	$2,475,000	1.72%
Ishares Inc	Closed 69,970	$1,791,000
Spdr Ser Tr	2.19% 45,457	$1,924,000	1.34%
BCE, Inc.	Closed 35,919	$1,468,000
Vaneck Vectors Etf Tr	26.72% 22,791	$1,190,000	0.83%
TELUS Corp.	Opened 64,345	$1,079,000	0.75%
Microsoft Corp.	0.04% 4,556	$927,000	0.65%
Under Armour, Inc.	Opened 98,522	$871,000	0.61%
Royal Caribbean Group	Closed 26,824	$863,000
Terex Corp.	Closed 57,230	$822,000
Eaton Vance Ltd Duration Inc	Opened 71,446	$805,000	0.56%
Vanguard Index Fds	11.24% 3,977	$804,000	0.56%
Madrigal Pharmaceuticals, Inc.	Closed 11,086	$740,000
Global X Fds	Opened 44,945	$674,000	0.47%
Iron Mtn Inc New	Opened 23,709	$619,000	0.43%
Victory Portfolios Ii	Opened 13,133	$598,000	0.42%
Invesco Mortgage Capital, Inc.	Opened 158,989	$595,000	0.41%
Amazon.com, Inc.	No change 202	$557,000	0.39%
Etf Ser Solutions	Opened 33,323	$555,000	0.39%
Tesla, Inc.	Closed 1,035	$542,000
Apple, Inc.	5.10% 1,380	$503,000	0.35%
Facebook, Inc.	10.50% 2,132	$484,000	0.34%
Imperial Oil Ltd.	Closed 37,482	$424,000
Nektar Therapeutics	Closed 22,596	$403,000
Invesco Exchange Traded Fd T	Closed 7,679	$342,000
Ishares Gold Trust	8.40% 18,357	$312,000	0.22%
Disney Walt Co	58.75% 2,357	$263,000	0.18%
Visa, Inc.	96.83% 1,233	$238,000	0.17%
Select Sector Spdr Tr	Opened 2,193	$219,000	0.15%
Cambria Etf Tr	Opened 9,693	$216,000	0.15%
Wisdomtree Tr	Closed 4,026	$208,000
Vertical Cap Income Fd	No change 13,905	$135,000	0.09%
Nio Inc	Opened 15,800	$122,000	0.08%
Tsakos Energy Navigation Ltd.	Opened 10,000	$20,000	0.01%
Citigroup Global Mkts Hldgs	Closed 120,066	$20,000
No transactions found
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