Purus Wealth Management 13F annual report
Purus Wealth Management is an investment fund managing more than $222 billion ran by Bonnie Larsen. There are currently 89 companies in Mrs. Larsen’s portfolio. The largest investments include NVIDIA Corp and Costco Whsl Corp New, together worth $47.7 billion.
$222 billion Assets Under Management (AUM)
As of 5th August 2024, Purus Wealth Management’s top holding is 278,934 shares of NVIDIA Corp currently worth over $34.5 billion and making up 15.5% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Purus Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 15,591 shares of Costco Whsl Corp New worth $13.3 billion.
The third-largest holding is Intuitive Surgical Inc worth $12.5 billion and the next is Apple Inc worth $10.6 billion, with 50,462 shares owned.
Currently, Purus Wealth Management's portfolio is worth at least $222 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 Purus Wealth Management
The Purus Wealth Management office and employees reside in Newport Beach, California. According to the last 13-F report filed with the SEC, Bonnie Larsen serves as the Chief Compliance Officer at Purus Wealth Management.
Recent trades
In the most recent 13F filing, Purus Wealth Management revealed that it had opened a new position in
First Tr Exchange Traded Fd and bought 34,204 shares worth $1.11 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
250,690 additional shares.
This makes their stake in NVIDIA Corp total 278,934 shares worth $34.5 billion.
NVIDIA Corp dropped approximately 0.1% in the past year.
On the other hand, there are companies that Purus Wealth Management is getting rid of from its portfolio.
Purus Wealth Management closed its position in Exchange Traded Concepts Tr on 12th August 2024.
It sold the previously owned 25,551 shares for $1.46 billion.
Bonnie Larsen also disclosed a decreased stake in First Tr Exchange-traded Fd by approximately 0.1%.
This leaves the value of the investment at $10.2 billion and 175,921 shares.
One of the smallest hedge funds
The two most similar investment funds to Purus Wealth Management are Altium Capital Management L.P. and Bennett Selby Investments L.P.. They manage $222 billion and $222 billion respectively.
Bonnie Larsen investment strategy
Purus Wealth Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 31.5% of
the total portfolio value.
The fund focuses on investments in the United States as
55.1% 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 3.4% of the portfolio.
The average market cap of the portfolio companies is close to $240 billion.
The complete list of Purus Wealth Management trades based on 13F SEC filings
These positions were updated on August 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 |
|---|---|---|---|
| NVIDIA Corp |
887.59%
278,934
|
$34,459,477,000 | 15.50% |
| Costco Whsl Corp New |
8.76%
15,591
|
$13,252,276,000 | 5.96% |
| Intuitive Surgical Inc |
1,052.90%
28,200
|
$12,544,815,000 | 5.64% |
| Apple Inc |
2.95%
50,462
|
$10,628,410,000 | 4.78% |
| Amazon.com Inc. |
10.96%
48,999
|
$9,469,091,000 | 4.26% |
| Waste Mgmt Inc Del |
9.78%
40,763
|
$8,696,386,000 | 3.91% |
| Broadcom Inc |
17.18%
4,181
|
$6,713,516,000 | 3.02% |
| Visa Inc |
10.64%
24,408
|
$6,406,400,000 | 2.88% |
| First Tr Exchng Traded Fd Vi |
0.22%
303,999
|
$8,522,843,000 | 3.83% |
| Alphabet Inc |
17.97%
32,965
|
$6,007,343,000 | 2.70% |
| Microsoft Corporation |
9.64%
12,190
|
$5,448,447,000 | 2.45% |
| Adobe Inc |
19.59%
9,194
|
$5,107,689,000 | 2.30% |
| First Tr Exchange-traded Fd |
2.24%
175,921
|
$10,221,880,000 | 4.60% |
| Advanced Micro Devices Inc. |
21.57%
26,600
|
$4,314,786,000 | 1.94% |
| World Gold Tr |
1.08%
84,505
|
$3,894,813,000 | 1.75% |
| Janus Detroit Str Tr |
2.08%
64,228
|
$3,793,332,000 | 1.71% |
| Apollo Global Mgmt Inc |
24.48%
26,005
|
$3,070,369,000 | 1.38% |
| Arista Networks Inc |
0.68%
8,678
|
$3,041,436,000 | 1.37% |
| Ark Etf Tr |
4.32%
240,290
|
$8,878,374,000 | 3.99% |
| JPMorgan Chase & Co. |
44.76%
12,622
|
$2,552,851,000 | 1.15% |
| AMGEN Inc. |
0.79%
7,682
|
$2,400,241,000 | 1.08% |
| First Tr Exchange Traded Fd |
1.83%
80,688
|
$5,041,235,000 | 2.27% |
| Teradyne, Inc. |
4.65%
13,833
|
$2,051,295,000 | 0.92% |
| First Tr Exch Trd Alphdx Fd |
22.17%
34,011
|
$2,050,170,000 | 0.92% |
| Select Sector Spdr Tr |
0.85%
41,459
|
$4,652,437,000 | 2.09% |
| J P Morgan Exchange Traded F |
3.11%
61,016
|
$3,417,496,000 | 1.54% |
| Meta Platforms Inc |
1.41%
3,243
|
$1,635,042,000 | 0.74% |
| Spdr Dow Jones Indl Average |
1.42%
3,959
|
$1,548,353,000 | 0.70% |
| RTX Corp |
0.18%
14,760
|
$1,481,759,000 | 0.67% |
| Exchange Traded Concepts Tr |
Closed
25,551
|
$1,464,076,000 | |
| Tesla Inc |
15.55%
6,515
|
$1,289,188,000 | 0.58% |
| Deere & Co. |
37.77%
3,436
|
$1,283,865,000 | 0.58% |
| Lockheed Martin Corp. |
1.86%
2,586
|
$1,207,886,000 | 0.54% |
| First Tr Value Line Divid In |
0.42%
23,157
|
$943,645,000 | 0.42% |
| First Tr Exchange Traded Fd |
Opened
34,204
|
$1,113,188,000 | 0.50% |
| Northrop Grumman Corp. |
0.30%
1,995
|
$869,871,000 | 0.39% |
| Applied Matls Inc |
1.53%
3,531
|
$833,348,000 | 0.37% |
| Abbott Labs |
3.68%
7,976
|
$828,770,000 | 0.37% |
| Blackstone Inc |
3.02%
6,330
|
$783,604,000 | 0.35% |
| General Dynamics Corp. |
1.19%
2,647
|
$768,007,000 | 0.35% |
| American Express Co. |
0.51%
3,112
|
$720,686,000 | 0.32% |
| First Tr Exchange-traded Alp |
2.64%
9,714
|
$714,756,000 | 0.32% |
| Icon Plc |
No change
2,191
|
$686,813,000 | 0.31% |
| Wells Fargo Co New |
Closed
13,686
|
$673,646,000 | |
| Ishares Tr |
11.92%
22,133
|
$1,829,704,000 | 0.82% |
| Home Depot, Inc. |
6.13%
1,852
|
$637,653,000 | 0.29% |
| Global X Fds |
Closed
11,872
|
$604,746,000 | |
| Axon Enterprise Inc |
0.29%
2,036
|
$599,073,000 | 0.27% |
| Chevron Corp. |
6.83%
3,799
|
$594,232,000 | 0.27% |
| Verizon Communications Inc |
2.98%
13,278
|
$547,569,000 | 0.25% |
| Banco Santander Brasil S A |
Closed
80,000
|
$524,000,000 | |
| Honeywell International Inc |
7.62%
2,425
|
$517,922,000 | 0.23% |
| Netflix Inc. |
No change
738
|
$497,951,000 | 0.22% |
| Invesco Exchange Traded Fd T |
0.17%
20,135
|
$1,186,669,000 | 0.53% |
| Grupo Supervielle S.A. |
Closed
120,000
|
$487,200,000 | |
| GE Aerospace |
Opened
3,019
|
$479,924,000 | 0.22% |
| Leidos Holdings Inc |
No change
3,269
|
$476,882,000 | 0.21% |
| Invesco Exch Traded Fd Tr Ii |
Closed
8,691
|
$463,643,000 | |
| VanEck ETF Trust |
6.25%
1,751
|
$456,486,000 | 0.21% |
| Nucor Corp. |
3.97%
2,880
|
$455,301,000 | 0.20% |
| Qualcomm, Inc. |
0.68%
2,181
|
$434,412,000 | 0.20% |
| Spdr Gold Tr |
0.45%
1,983
|
$426,365,000 | 0.19% |
| Berkshire Hathaway Inc. |
3.26%
1,040
|
$423,072,000 | 0.19% |
| First Tr Nas100 Eq Weighted |
5.07%
3,066
|
$378,047,000 | 0.17% |
| Invesco Exch Traded Fd Tr Ii |
Opened
11,420
|
$638,544,000 | 0.29% |
| Ishares Tr |
Closed
32,361
|
$632,683,000 | |
| Ford Mtr Co Del |
6.05%
28,717
|
$360,106,000 | 0.16% |
| Cf Inds Hldgs Inc |
7.23%
4,824
|
$357,586,000 | 0.16% |
| Lamb Weston Holdings Inc |
0.35%
4,230
|
$355,677,000 | 0.16% |
| Exxon Mobil Corp. |
Closed
3,527
|
$352,609,000 | |
| Vanguard Index Fds |
No change
1,262
|
$337,598,000 | 0.15% |
| Cheniere Energy Inc. |
2.74%
1,919
|
$335,532,000 | 0.15% |
| Star Bulk Carriers Corp |
Closed
15,707
|
$333,931,000 | |
| Caterpillar Inc. |
7.18%
995
|
$331,473,000 | 0.15% |
| Asml Holding N V |
0.61%
324
|
$331,365,000 | 0.15% |
| Royal Caribbean Group |
Opened
2,000
|
$318,860,000 | 0.14% |
| Lowes Cos Inc |
0.14%
1,434
|
$316,140,000 | 0.14% |
| Regeneron Pharmaceuticals, Inc. |
No change
300
|
$315,309,000 | 0.14% |
| Global X Fds |
5.82%
17,103
|
$568,785,000 | 0.26% |
| Valero Energy Corp. |
Closed
2,393
|
$311,039,000 | |
| Invesco Ltd |
Closed
17,306
|
$308,739,000 | |
| Schwab Charles Corp |
0.34%
4,176
|
$307,708,000 | 0.14% |
| Edwards Lifesciences Corp |
0.28%
3,212
|
$296,682,000 | 0.13% |
| Quanta Svcs Inc |
8.49%
1,150
|
$292,204,000 | 0.13% |
| Proshares Tr |
Opened
3,811
|
$281,309,000 | 0.13% |
| Constellation Brands, Inc. |
0.09%
1,071
|
$275,570,000 | 0.12% |
| Arm Holdings Plc |
Opened
1,684
|
$275,536,000 | 0.12% |
| Ares Capital Corp |
Closed
13,624
|
$272,889,000 | |
| Lam Research Corp. |
Opened
242
|
$257,694,000 | 0.12% |
| Science Applications Intl Co |
No change
2,144
|
$252,027,000 | 0.11% |
| Direxion Shs Etf Tr |
6.57%
2,840
|
$252,024,000 | 0.11% |
| AT&T Inc. |
21.51%
12,891
|
$246,356,000 | 0.11% |
| Vista Outdoor Inc |
Opened
6,223
|
$234,292,000 | 0.11% |
| First Tr Nasdaq 100 Tech Ind |
2.57%
1,173
|
$231,701,000 | 0.10% |
| Banco Macro Sa |
Closed
8,000
|
$229,600,000 | |
| Unitedhealth Group Inc |
No change
450
|
$229,167,000 | 0.10% |
| Stryker Corp. |
Opened
669
|
$227,725,000 | 0.10% |
| Generac Holdings Inc |
17.07%
1,637
|
$216,444,000 | 0.10% |
| Us Bancorp Del |
Closed
4,978
|
$215,455,000 | |
| Johnson & Johnson |
11.64%
1,435
|
$209,751,000 | 0.09% |
| Albemarle Corp. |
Closed
1,421
|
$205,315,000 | |
| Bank America Corp |
Opened
5,158
|
$205,138,000 | 0.09% |
| Intel Corp. |
Closed
4,058
|
$203,922,000 | |
| Boeing Co. |
20.79%
1,105
|
$201,165,000 | 0.09% |
| Zomedica Corp |
43.19%
13,155
|
$1,923,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 105 holdings | |||
Hedge funds similar to Purus Wealth Management
- Hassell Wealth Management
- Breakwater Investment Management
- Tyler-stone Wealth Management
- Beaconlight Capital
- Machina Capital S.a.s
- Greenstone Partners & Co
- G&s Capital
- Altium Capital Management L.P.
- Bennett Selby Investments L.P.
- Trinity Advisors
- Swmg
- Robertson Opportunity Capital
- Alfreton Capital LL.P.
- Providence First Trust Co