Argent Wealth Management 13F annual report
Argent Wealth Management is an investment fund managing more than $492 million ran by Richard Kahn. There are currently 109 companies in Mr. Kahn’s portfolio. The largest investments include TechTarget and Ishares Tr, together worth $319 million.
$492 million Assets Under Management (AUM)
As of 7th October 2020, Argent Wealth Management’s top holding is 2,199,298 shares of TechTarget currently worth over $43.3 million and making up 8.8% of the portfolio value.
Relative to the number of outstanding shares of TechTarget, Argent Wealth Management owns less than approximately 0.1% of the company.
In addition, the fund holds 6,890,223 shares of Ishares Tr worth $276 million.
The third-largest holding is Schwab Strategic Tr worth $48.2 million and the next is Apple worth $8.76 million, with 33,362 shares owned.
Currently, Argent Wealth Management's portfolio is worth at least $492 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 Argent Wealth Management
The Argent Wealth Management office and employees reside in Waltham, Massachusetts. According to the last 13-F report filed with the SEC, Richard Kahn serves as the Chief Compliance Officer at Argent Wealth Management.
Recent trades
In the most recent 13F filing, Argent Wealth Management revealed that it had opened a new position in
Spdr Gold Trust and bought 23,842 shares worth $3.74 million.
The investment fund also strengthened its position in Schwab Strategic Tr by buying
74,627 additional shares.
This makes their stake in Schwab Strategic Tr total 1,368,847 shares worth $48.2 million.
On the other hand, there are companies that Argent Wealth Management is getting rid of from its portfolio.
Argent Wealth Management closed its position in Managed Portfolio Ser on 12th May 2020.
It sold the previously owned 166,195 shares for $3.91 million.
Richard Kahn also disclosed a decreased stake in TechTarget by approximately 0.1%.
This leaves the value of the investment at $43.3 million and 2,199,298 shares.
One of the average hedge funds
The two most similar investment funds to Argent Wealth Management are Marks Wealth Management, Inc and Wilmington Trust Investment Management. They manage $492 million and $492 million respectively.
Richard Kahn investment strategy
Argent Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 11.3% of
the total portfolio value.
The fund focuses on investments in the United States as
50.5% 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
46% of the total holdings value.
On the other hand, small-cap stocks make up only 3.7% of the portfolio.
The average market cap of the portfolio companies is close to $219 billion.
The complete list of Argent Wealth Management trades based on 13F SEC filings
These positions were updated on May 12th 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 |
|---|---|---|---|
| TechTarget, Inc. |
0.77%
2,199,298
|
$43,282,000 | 8.80% |
| Ishares Tr |
6.26%
6,890,223
|
$275,735,000 | 56.06% |
| Schwab Strategic Tr |
5.77%
1,368,847
|
$48,226,000 | 9.80% |
| Apple, Inc. |
33.71%
33,362
|
$8,757,000 | 1.78% |
| Microsoft Corp. |
5.19%
31,909
|
$5,274,000 | 1.07% |
| Spdr Ser Tr |
17.12%
458,214
|
$16,406,000 | 3.34% |
| Berkshire Hathaway Inc. |
7.47%
26,821
|
$4,968,000 | 1.01% |
| Managed Portfolio Ser |
Closed
166,195
|
$3,906,000 | |
| Procter & Gamble Co. |
7.41%
32,785
|
$3,862,000 | 0.79% |
| Spdr Gold Trust |
Opened
23,842
|
$3,740,000 | 0.76% |
| Ishares Inc |
9.01%
88,444
|
$3,661,000 | 0.74% |
| Johnson & Johnson |
0.16%
24,611
|
$3,440,000 | 0.70% |
| Brookfield Asset Mgmt Inc |
70.74%
106,985
|
$3,370,000 | 0.69% |
| Marsh & McLennan Cos., Inc. |
Closed
30,053
|
$3,348,000 | |
| Ssga Active Etf Tr |
16.70%
58,487
|
$2,811,000 | 0.57% |
| Wisdomtree Tr |
21.32%
107,104
|
$2,689,000 | 0.55% |
| Disney Walt Co |
7.64%
26,901
|
$2,679,000 | 0.54% |
| Pfizer Inc. |
1.08%
72,954
|
$2,522,000 | 0.51% |
| Novartis A G |
3.42%
23,866
|
$2,046,000 | 0.42% |
| Blackrock Debt Strat Fd Inc |
Closed
181,639
|
$2,034,000 | |
| Oracle Corp. |
0.22%
39,353
|
$2,026,000 | 0.41% |
| 3M Co. |
296.04%
13,505
|
$1,900,000 | 0.39% |
| Medtronic Plc |
0.93%
19,783
|
$1,861,000 | 0.38% |
| Spdr S&p 500 Etf Tr |
164.32%
6,719
|
$1,780,000 | 0.36% |
| Anheuser-Busch InBev SA/NV |
Closed
20,824
|
$1,708,000 | |
| UnitedHealth Group, Inc. |
36.44%
6,784
|
$1,685,000 | 0.34% |
| Us Bancorp Del |
0.53%
48,306
|
$1,660,000 | 0.34% |
| Aon Plc |
6.97%
9,219
|
$1,596,000 | 0.32% |
| Abbott Labs |
8.28%
18,082
|
$1,496,000 | 0.30% |
| Enterprise Bancorp Inc Mass |
No change
55,360
|
$1,495,000 | 0.30% |
| Markel Corp. |
8.73%
1,544
|
$1,429,000 | 0.29% |
| SAP SE |
Opened
12,573
|
$1,408,000 | 0.29% |
| Eaton Vance Tax-managed Glob |
26.40%
225,781
|
$1,404,000 | 0.29% |
| Wells Fargo Co New |
18.70%
47,324
|
$1,355,000 | 0.28% |
| ONEOK, Inc. |
233.37%
55,940
|
$1,305,000 | 0.27% |
| Ishares Tr |
Closed
53,894
|
$1,749,000 | |
| The Home Depot, Inc. |
4.05%
5,758
|
$1,102,000 | 0.22% |
| Spdr Index Shs Fds |
Closed
49,320
|
$1,349,000 | |
| Fiserv, Inc. |
15.01%
11,370
|
$1,090,000 | 0.22% |
| AMETEK, Inc. |
0.10%
13,084
|
$987,000 | 0.20% |
| Cna Finl Corp |
Closed
20,581
|
$922,000 | |
| Thermo Fisher Scientific, Inc. |
2.60%
2,918
|
$887,000 | 0.18% |
| Fidelity Covington Tr |
2.32%
12,660
|
$822,000 | 0.17% |
| Exxon Mobil Corp. |
24.62%
20,003
|
$810,000 | 0.16% |
| JPMorgan Chase & Co. |
0.16%
8,778
|
$785,000 | 0.16% |
| Sysco Corp. |
101.95%
16,905
|
$761,000 | 0.15% |
| Stanley Black & Decker Inc |
6.71%
7,044
|
$751,000 | 0.15% |
| Total S.a. |
7.65%
20,021
|
$745,000 | 0.15% |
| Diageo P L C |
Opened
5,888
|
$744,000 | 0.15% |
| Merck & Co., Inc. |
3.58%
9,127
|
$733,000 | 0.15% |
| Parker-Hannifin Corp. |
6.48%
5,411
|
$708,000 | 0.14% |
| Blackrock Float Rate Ome Str |
Closed
51,789
|
$696,000 | |
| Nuveen Cr Strategies Incm Fd |
Closed
89,585
|
$687,000 | |
| Unifirst Corp Mass |
No change
4,455
|
$669,000 | 0.14% |
| Vanguard Whitehall Fds |
8.33%
8,943
|
$653,000 | 0.13% |
| Walmart, Inc. |
1.43%
4,909
|
$619,000 | 0.13% |
| Pepsico Inc |
0.95%
4,587
|
$602,000 | 0.12% |
| Vodafone Group Plc |
Closed
31,149
|
$602,000 | |
| The Sherwin-Williams Co. |
2.63%
1,297
|
$595,000 | 0.12% |
| Advance Auto Parts, Inc. |
No change
6,215
|
$595,000 | 0.12% |
| Intel Corp. |
3.34%
10,121
|
$591,000 | 0.12% |
| Unilever Plc |
Opened
11,418
|
$585,000 | 0.12% |
| Citigroup, Inc. |
96.26%
13,905
|
$572,000 | 0.12% |
| Vanguard Tax-managed Intl Fd |
0.06%
16,727
|
$561,000 | 0.11% |
| Booking Holdings, Inc. |
8.46%
411
|
$558,000 | 0.11% |
| Alphabet, Inc. |
8.95%
844
|
$1,000,000 | 0.20% |
| Verizon Communications, Inc. |
17.09%
9,698
|
$550,000 | 0.11% |
| Amgen, Inc. |
5.13%
2,440
|
$516,000 | 0.10% |
| Vanguard Intl Equity Index F |
27.15%
23,569
|
$944,000 | 0.19% |
| Lockheed Martin Corp. |
0.29%
1,373
|
$505,000 | 0.10% |
| Mondelez International, Inc. |
69.47%
9,524
|
$496,000 | 0.10% |
| Vanguard Index Fds |
11.21%
7,292
|
$921,000 | 0.19% |
| Motorola Solutions, Inc. |
15.20%
3,497
|
$493,000 | 0.10% |
| Bk Of America Corp |
2.94%
22,191
|
$475,000 | 0.10% |
| Amazon.com, Inc. |
23.12%
229
|
$457,000 | 0.09% |
| Athersys, Inc. |
1.39%
157,912
|
$445,000 | 0.09% |
| United Technologies Corp |
107.84%
7,586
|
$437,000 | 0.09% |
| State Str Corp |
9.33%
7,463
|
$415,000 | 0.08% |
| NextEra Energy, Inc. |
3.62%
1,730
|
$406,000 | 0.08% |
| Cisco Sys Inc |
9.39%
9,725
|
$403,000 | 0.08% |
| Becton, Dickinson & Co. |
1.87%
1,681
|
$400,000 | 0.08% |
| Alibaba Group Hldg Ltd |
99.70%
1,983
|
$390,000 | 0.08% |
| Ishares Tr |
Opened
8,396
|
$388,000 | 0.08% |
| Progressive Corp Ohio |
2.22%
5,060
|
$385,000 | 0.08% |
| Raytheon Co |
Closed
1,740
|
$382,000 | |
| The Boeing Co. |
126.33%
2,467
|
$367,000 | 0.07% |
| Mcdonalds Corp |
1.53%
2,056
|
$364,000 | 0.07% |
| Automatic Data Processing In |
1.54%
2,561
|
$358,000 | 0.07% |
| Lowes Cos Inc |
5.27%
3,882
|
$345,000 | 0.07% |
| Facebook, Inc. |
15.83%
2,042
|
$338,000 | 0.07% |
| International Business Machs |
9.40%
2,933
|
$337,000 | 0.07% |
| FedEx Corp. |
61.85%
2,813
|
$335,000 | 0.07% |
| Chevron Corp. |
Closed
2,747
|
$331,000 | |
| Uber Technologies, Inc. |
62.73%
12,422
|
$323,000 | 0.07% |
| Truist Finl Corp |
Closed
5,503
|
$310,000 | |
| American Express Co. |
Closed
2,462
|
$307,000 | |
| AT&T Inc. |
3.48%
10,215
|
$301,000 | 0.06% |
| Select Sector Spdr Tr |
5.72%
3,496
|
$293,000 | 0.06% |
| Fidelity Natl Information Sv |
2.26%
2,340
|
$288,000 | 0.06% |
| Mastercard, Inc. |
8.78%
1,081
|
$287,000 | 0.06% |
| Dell Technologies, Inc. |
0.30%
7,325
|
$285,000 | 0.06% |
| The TJX Cos., Inc. |
3.07%
6,112
|
$282,000 | 0.06% |
| Fidelity National Financial, Inc. |
Closed
6,077
|
$276,000 | |
| Invesco Exchange-traded Fd T |
23.38%
5,735
|
$274,000 | 0.06% |
| Gilead Sciences, Inc. |
7.24%
3,479
|
$270,000 | 0.05% |
| Alcon, Inc. |
Closed
4,729
|
$268,000 | |
| Eaton Vance Tx Mgd Div Eq In |
52.66%
28,379
|
$267,000 | 0.05% |
| Adobe, Inc. |
11.81%
814
|
$260,000 | 0.05% |
| Accenture Plc Ireland |
1.81%
1,518
|
$252,000 | 0.05% |
| Baxter International, Inc. |
1.99%
2,855
|
$242,000 | 0.05% |
| CVS Health Corp. |
30.41%
4,241
|
$238,000 | 0.05% |
| Brookfield Infrast Partners |
6.09%
6,270
|
$235,000 | 0.05% |
| Danaher Corp. |
8.41%
1,645
|
$233,000 | 0.05% |
| Texas Instrs Inc |
7.15%
2,077
|
$226,000 | 0.05% |
| Corning, Inc. |
Closed
7,713
|
$225,000 | |
| The Coca-Cola Co. |
Closed
4,056
|
$224,000 | |
| Stryker Corp. |
Closed
1,064
|
$223,000 | |
| Norfolk Southern Corp. |
Closed
1,151
|
$223,000 | |
| Cognex Corp. |
Closed
3,908
|
$219,000 | |
| Vanguard Index Fds |
Closed
730
|
$216,000 | |
| Proshares Tr |
Opened
10,000
|
$212,000 | 0.04% |
| Comcast Corp New |
17.88%
5,572
|
$202,000 | 0.04% |
| Etf Ser Solutions |
No change
8,430
|
$200,000 | 0.04% |
| EMCORE Corp. |
37.33%
92,442
|
$193,000 | 0.04% |
| Blackrock Cr Allocation Inco |
6.90%
12,123
|
$143,000 | 0.03% |
| Direxion Shs Etf Tr |
Opened
10,115
|
$142,000 | 0.03% |
| Citius Pharmaceuticals, Inc. |
No change
164,444
|
$113,000 | 0.02% |
| Ribbon Communications, Inc. |
No change
31,914
|
$98,000 | 0.02% |
| Macerich Co. |
Opened
10,486
|
$64,000 | 0.01% |
| Veru, Inc. |
36.98%
18,521
|
$58,000 | 0.01% |
| BlackBerry Ltd. |
No change
10,000
|
$35,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 131 holdings | |||
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