Blossom Wealth Management 13F annual report
Blossom Wealth Management is an investment fund managing more than $45.9 billion ran by James Salter. There are currently 59 companies in Mr. Salter’s portfolio. The largest investments include NVIDIA Corp and Apple Inc, together worth $10.1 billion.
$45.9 billion Assets Under Management (AUM)
As of 12th July 2024, Blossom Wealth Management’s top holding is 61,745 shares of NVIDIA Corp currently worth over $7.63 billion and making up 16.6% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Blossom Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 11,806 shares of Apple Inc worth $2.49 billion, whose value grew 17.0% in the past six months.
The third-largest holding is Microsoft worth $1.95 billion and the next is Schwab Strategic Tr worth $6.44 billion, with 137,544 shares owned.
Currently, Blossom Wealth Management's portfolio is worth at least $45.9 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 Blossom Wealth Management
The Blossom Wealth Management office and employees reside in San Ramon, Ca, California. According to the last 13-F report filed with the SEC, James Salter serves as the COO at Blossom Wealth Management.
Recent trades
In the most recent 13F filing, Blossom Wealth Management revealed that it had opened a new position in
Dimensional Etf Trust and bought 22,424 shares worth $670 million.
The investment fund also strengthened its position in NVIDIA Corp by buying
56,801 additional shares.
This makes their stake in NVIDIA Corp total 61,745 shares worth $7.63 billion.
NVIDIA Corp dropped 74.3% in the past year.
On the other hand, there are companies that Blossom Wealth Management is getting rid of from its portfolio.
Blossom Wealth Management closed its position in Invesco Exch Trd Slf Idx Fd on 19th July 2024.
It sold the previously owned 47,531 shares for $1.01 billion.
James Salter also disclosed a decreased stake in Costco Whsl Corp New by approximately 0.1%.
This leaves the value of the investment at $565 million and 664 shares.
One of the smallest hedge funds
The two most similar investment funds to Blossom Wealth Management are Ebor Charitable Trust and Spartan Fund Management. They manage $46.2 billion and $46.3 billion respectively.
James Salter investment strategy
Blossom Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 26.6% of
the total portfolio value.
The fund focuses on investments in the United States as
50.8% 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 1.7% of the portfolio.
The average market cap of the portfolio companies is close to $310 billion.
The complete list of Blossom Wealth Management trades based on 13F SEC filings
These positions were updated on July 19th 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 |
|---|---|---|---|
| NVIDIA Corp |
1,148.89%
61,745
|
$7,627,926,000 | 16.61% |
| Apple Inc |
20.27%
11,806
|
$2,486,512,000 | 5.41% |
| Microsoft Corporation |
5.53%
4,367
|
$1,951,904,000 | 4.25% |
| Schwab Strategic Tr |
5.00%
137,544
|
$6,439,459,000 | 14.02% |
| Invesco Exch Trd Slf Idx Fd |
70.68%
100,104
|
$2,067,077,000 | 4.50% |
| Ishares Gold Tr |
15.43%
23,738
|
$1,042,810,000 | 2.27% |
| Ishares Tr |
3.92%
20,705
|
$1,033,594,000 | 2.25% |
| Invesco Exch Trd Slf Idx Fd |
Closed
47,531
|
$1,009,083,000 | |
| Amazon.com Inc. |
31.78%
4,972
|
$960,839,000 | 2.09% |
| Vanguard Specialized Funds |
23.44%
5,161
|
$942,141,000 | 2.05% |
| Netflix Inc. |
39.46%
1,237
|
$834,833,000 | 1.82% |
| International Business Machs |
0.61%
4,758
|
$822,896,000 | 1.79% |
| Visa Inc |
9.59%
2,788
|
$731,766,000 | 1.59% |
| Home Depot, Inc. |
2.13%
2,114
|
$727,721,000 | 1.58% |
| Exxon Mobil Corp. |
1.47%
5,883
|
$677,251,000 | 1.47% |
| Bank America Corp |
0.24%
16,787
|
$667,639,000 | 1.45% |
| Vanguard Index Fds |
17.96%
5,827
|
$917,013,000 | 2.00% |
| Dimensional Etf Trust |
12.94%
12,697
|
$596,759,000 | 1.30% |
| Costco Whsl Corp New |
6.61%
664
|
$564,800,000 | 1.23% |
| L3Harris Technologies Inc |
3.36%
2,495
|
$560,327,000 | 1.22% |
| Essential Utils Inc |
11.06%
14,315
|
$534,366,000 | 1.16% |
| Alphabet Inc |
20.13%
2,865
|
$521,860,000 | 1.14% |
| Starbucks Corp. |
1.26%
6,507
|
$506,546,000 | 1.10% |
| Qualcomm, Inc. |
9.13%
2,487
|
$495,361,000 | 1.08% |
| Ecolab, Inc. |
1.07%
2,070
|
$492,660,000 | 1.07% |
| Walmart Inc |
188.71%
7,030
|
$475,980,000 | 1.04% |
| Dimensional Etf Trust |
Opened
22,424
|
$670,144,000 | 1.46% |
| Vanguard Scottsdale Fds |
11.36%
7,715
|
$448,451,000 | 0.98% |
| RPM International, Inc. |
1.89%
4,163
|
$448,272,000 | 0.98% |
| Schwab Strategic Tr |
Closed
18,625
|
$445,883,000 | |
| American Tower Corp. |
7.78%
2,286
|
$444,353,000 | 0.97% |
| Vanguard Whitehall Fds |
30.08%
5,410
|
$439,725,000 | 0.96% |
| Invesco Exch Trd Slf Idx Fd |
Opened
22,200
|
$425,685,000 | 0.93% |
| Analog Devices Inc. |
2.35%
1,826
|
$416,803,000 | 0.91% |
| WEC Energy Group Inc |
38.21%
5,248
|
$411,758,000 | 0.90% |
| VanEck ETF Trust |
Opened
4,489
|
$388,792,000 | 0.85% |
| First Amern Finl Corp |
6.69%
6,940
|
$374,413,000 | 0.82% |
| Tjx Cos Inc New |
1.36%
3,360
|
$369,936,000 | 0.81% |
| Xylem Inc |
0.55%
2,705
|
$366,879,000 | 0.80% |
| Mcdonalds Corp |
6.45%
1,370
|
$349,142,000 | 0.76% |
| Chevron Corp. |
41.36%
2,218
|
$346,956,000 | 0.76% |
| Becton Dickinson Co |
2.31%
1,460
|
$341,217,000 | 0.74% |
| Pfizer Inc. |
9.96%
12,033
|
$336,669,000 | 0.73% |
| Johnson Johnson |
Opened
2,193
|
$320,529,000 | 0.70% |
| AMGEN Inc. |
29.82%
1,023
|
$319,648,000 | 0.70% |
| NextEra Energy Inc |
Opened
4,385
|
$310,502,000 | 0.68% |
| Franco Nev Corp |
8.07%
2,610
|
$309,337,000 | 0.67% |
| Coca-Cola Co |
1.61%
4,735
|
$301,383,000 | 0.66% |
| Waste Mgmt Inc Del |
4.14%
1,365
|
$291,209,000 | 0.63% |
| General Mls Inc |
No change
4,410
|
$278,977,000 | 0.61% |
| Duke Energy Corp. |
3.18%
2,760
|
$276,635,000 | 0.60% |
| Price T Rowe Group Inc |
4.33%
2,388
|
$275,303,000 | 0.60% |
| Veeva Sys Inc |
44.37%
1,500
|
$274,515,000 | 0.60% |
| Medtronic Plc |
Closed
3,163
|
$247,853,000 | |
| Snap-on, Inc. |
8.80%
933
|
$243,877,000 | 0.53% |
| ServiceNow Inc |
Opened
280
|
$220,268,000 | 0.48% |
| Salesforce Inc |
Opened
853
|
$219,313,000 | 0.48% |
| American Wtr Wks Co Inc New |
Opened
1,695
|
$218,926,000 | 0.48% |
| Accenture Plc Ireland |
Opened
702
|
$212,994,000 | 0.46% |
| MarketAxess Holdings Inc. |
Closed
988
|
$211,085,000 | |
| Nike, Inc. |
23.42%
2,677
|
$201,765,000 | 0.44% |
| Texas Instrs Inc |
Opened
1,032
|
$200,755,000 | 0.44% |
| Gartner, Inc. |
25.13%
447
|
$200,730,000 | 0.44% |
| No transactions found | |||
| Showing first 500 out of 63 holdings | |||
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