Castle Wealth Management 13F annual report
Castle Wealth Management is an investment fund managing more than $203 billion ran by Lori Fernicola. There are currently 74 companies in Mrs. Fernicola’s portfolio. The largest investments include Invesco Exch Traded Fd Tr Ii and T Rowe Price Etf Inc, together worth $27.8 billion.
$203 billion Assets Under Management (AUM)
As of 15th July 2024, Castle Wealth Management’s top holding is 167,657 shares of Invesco Exch Traded Fd Tr Ii currently worth over $17.7 billion and making up 8.7% of the portfolio value.
In addition, the fund holds 195,370 shares of T Rowe Price Etf Inc worth $10.1 billion.
The third-largest holding is Schwab Strategic Tr worth $13.9 billion and the next is American Centy Etf Tr worth $15.9 billion, with 211,649 shares owned.
Currently, Castle Wealth Management's portfolio is worth at least $203 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 Castle Wealth Management
The Castle Wealth Management office and employees reside in West Palm Beach, Florida. According to the last 13-F report filed with the SEC, Lori Fernicola serves as the Financial Planner at Castle Wealth Management.
Recent trades
In the most recent 13F filing, Castle Wealth Management revealed that it had opened a new position in
Invesco Exch Traded Fd Tr Ii and bought 167,657 shares worth $17.7 billion.
The investment fund also strengthened its position in American Centy Etf Tr by buying
8,398 additional shares.
This makes their stake in American Centy Etf Tr total 211,649 shares worth $15.9 billion.
On the other hand, there are companies that Castle Wealth Management is getting rid of from its portfolio.
Castle Wealth Management closed its position in First Tr Exchange-traded Fd on 22nd July 2024.
It sold the previously owned 136,265 shares for $3.86 billion.
Lori Fernicola also disclosed a decreased stake in Schwab Strategic Tr by 0.2%.
This leaves the value of the investment at $13.9 billion and 251,109 shares.
One of the smallest hedge funds
The two most similar investment funds to Castle Wealth Management are Act Wealth Management and Pflug Koory. They manage $203 billion and $203 billion respectively.
Lori Fernicola investment strategy
Castle Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 6.2% of
the total portfolio value.
The fund focuses on investments in the United States as
37.8% 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
35% of the total holdings value.
On the other hand, small-cap stocks make up only 5.4% of the portfolio.
The average market cap of the portfolio companies is close to $346 billion.
The complete list of Castle Wealth Management trades based on 13F SEC filings
These positions were updated on July 22nd 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 |
|---|---|---|---|
| Invesco Exch Traded Fd Tr Ii |
Opened
167,657
|
$17,682,767,000 | 8.70% |
| T Rowe Price Etf Inc |
Opened
195,370
|
$10,071,341,000 | 4.96% |
| Schwab Strategic Tr |
22.94%
251,109
|
$13,906,037,000 | 6.84% |
| American Centy Etf Tr |
4.13%
211,649
|
$15,860,080,000 | 7.80% |
| Etf Ser Solutions |
300.12%
214,377
|
$5,633,439,000 | 2.77% |
| Pacer Fds Tr |
1.76%
356,270
|
$14,217,806,000 | 7.00% |
| Pimco Etf Tr |
Opened
216,057
|
$5,539,696,000 | 2.73% |
| Apple Inc |
4.69%
23,896
|
$5,033,040,000 | 2.48% |
| Ishares Tr |
8.65%
346,684
|
$32,238,267,000 | 15.86% |
| Matthews Asia Fds |
25.68%
144,061
|
$4,360,021,000 | 2.15% |
| Ishares Gold Tr |
30.16%
176,238
|
$4,088,722,000 | 2.01% |
| First Tr Exchange Trad Fd Vi |
Opened
169,435
|
$4,051,203,000 | 1.99% |
| First Tr Exchange-traded Fd |
Closed
136,265
|
$3,857,650,000 | |
| Invesco Exchange Traded Fd T |
37.82%
48,989
|
$4,199,745,000 | 2.07% |
| Invesco Exch Traded Fd Tr Ii |
21.27%
28,028
|
$4,186,446,000 | 2.06% |
| Wisdomtree Tr |
Opened
76,847
|
$3,503,442,000 | 1.72% |
| Microsoft Corporation |
1.24%
7,727
|
$3,453,667,000 | 1.70% |
| Alps Etf Tr |
Opened
69,186
|
$2,852,521,000 | 1.40% |
| Vanguard Tax-managed Fds |
20.21%
52,762
|
$2,607,499,000 | 1.28% |
| Cohen Steers Quality Incom |
30.27%
218,574
|
$2,552,940,000 | 1.26% |
| Amazon.com Inc. |
2.57%
12,383
|
$2,393,015,000 | 1.18% |
| VanEck ETF Trust |
45.12%
61,212
|
$2,076,924,000 | 1.02% |
| Jpmorgan Chase Co. |
1.76%
7,799
|
$1,577,402,000 | 0.78% |
| NVIDIA Corp |
926.53%
12,616
|
$1,558,566,000 | 0.77% |
| Thermo Fisher Scientific Inc. |
34.50%
2,799
|
$1,548,930,000 | 0.76% |
| Alphabet Inc |
13.76%
14,354
|
$2,622,541,000 | 1.29% |
| Broadcom Inc. |
17.07%
864
|
$1,387,221,000 | 0.68% |
| Spdr Sp 500 Etf Tr |
0.59%
2,517
|
$1,374,177,000 | 0.68% |
| Salesforce Inc |
Opened
4,980
|
$1,280,376,000 | 0.63% |
| Johnson Johnson |
8.87%
8,537
|
$1,247,756,000 | 0.61% |
| Oracle Corp. |
Opened
8,822
|
$1,245,678,000 | 0.61% |
| Vanguard Index Fds |
Closed
8,590
|
$1,188,685,000 | |
| Vanguard World Fd |
1.16%
3,080
|
$1,500,695,000 | 0.74% |
| Morgan Stanley |
79.72%
11,405
|
$1,108,491,000 | 0.55% |
| Lowes Cos Inc |
98.06%
4,993
|
$1,100,685,000 | 0.54% |
| Unitedhealth Group Inc |
44.37%
2,063
|
$1,050,636,000 | 0.52% |
| Ares Capital Corp |
5.18%
48,981
|
$1,020,764,000 | 0.50% |
| NextEra Energy Inc |
23.86%
14,339
|
$1,015,339,000 | 0.50% |
| Visa Inc |
13.40%
3,792
|
$995,308,000 | 0.49% |
| Chevron Corp. |
64.56%
6,028
|
$942,836,000 | 0.46% |
| Procter And Gamble Co |
10.35%
5,567
|
$918,150,000 | 0.45% |
| Select Sector Spdr Tr |
179.95%
26,195
|
$1,260,299,000 | 0.62% |
| Costco Whsl Corp New |
12.49%
1,051
|
$893,408,000 | 0.44% |
| Meta Platforms Inc |
13.73%
1,615
|
$814,450,000 | 0.40% |
| Exxon Mobil Corp. |
4.65%
6,844
|
$787,882,000 | 0.39% |
| Lockheed Martin Corp. |
92.41%
1,597
|
$746,186,000 | 0.37% |
| Innovator ETFs Trust |
Opened
62,481
|
$2,107,058,000 | 1.04% |
| Deere Co |
94.22%
1,915
|
$718,316,000 | 0.35% |
| Walmart Inc |
222.56%
10,522
|
$712,437,000 | 0.35% |
| Cisco Sys Inc |
Closed
13,533
|
$700,212,000 | |
| Pepsico Inc |
31.40%
3,971
|
$654,944,000 | 0.32% |
| Vanguard Admiral Fds Inc |
27.33%
6,405
|
$637,178,000 | 0.31% |
| CSX Corp. |
97.74%
18,475
|
$617,992,000 | 0.30% |
| Global X Fds |
10.68%
16,010
|
$593,973,000 | 0.29% |
| Vanguard Whitehall Fds |
15.46%
15,237
|
$1,316,598,000 | 0.65% |
| Nucor Corp. |
64.24%
3,546
|
$562,407,000 | 0.28% |
| Mcdonalds Corp |
0.09%
2,183
|
$556,405,000 | 0.27% |
| J P Morgan Exchange Traded F |
Opened
8,431
|
$525,758,000 | 0.26% |
| Wisdomtree Tr |
67.08%
10,325
|
$519,433,000 | 0.26% |
| Dimensional Etf Trust |
14.92%
18,077
|
$783,015,000 | 0.39% |
| Merck Co Inc |
2.79%
3,759
|
$468,216,000 | 0.23% |
| Invesco Exch Trd Slf Idx Fd |
3.45%
5,595
|
$434,620,000 | 0.21% |
| Illinois Tool Wks Inc |
4.88%
1,717
|
$409,265,000 | 0.20% |
| AMGEN Inc. |
Opened
1,297
|
$405,112,000 | 0.20% |
| Ishares Tr |
Closed
7,051
|
$614,702,000 | |
| Tesla Inc |
4.20%
1,781
|
$352,425,000 | 0.17% |
| Applied Matls Inc |
Opened
1,406
|
$331,802,000 | 0.16% |
| Coca-Cola Co |
Closed
4,473
|
$271,300,000 | |
| International Business Machs |
Closed
1,986
|
$265,732,000 | |
| Pfizer Inc. |
41.56%
8,392
|
$234,821,000 | 0.12% |
| Home Depot, Inc. |
13.99%
670
|
$230,660,000 | 0.11% |
| Invesco Exch Traded Fd Tr Ii |
Closed
8,666
|
$226,530,000 | |
| Abbott Labs |
Closed
2,010
|
$219,163,000 | |
| GE Aerospace |
Opened
1,373
|
$218,225,000 | 0.11% |
| Ishares Inc |
Closed
4,415
|
$217,616,000 | |
| Ishares Tr |
Opened
3,222
|
$211,493,000 | 0.10% |
| Mastercard Incorporated |
Closed
532
|
$209,249,000 | |
| American Tower Corp. |
No change
1,057
|
$207,172,000 | 0.10% |
| Vanguard World Fd |
Opened
876
|
$206,828,000 | 0.10% |
| Abbvie Inc |
Opened
1,190
|
$204,109,000 | 0.10% |
| First Tr Exch Traded Fd Iii |
12.72%
11,009
|
$202,235,000 | 0.10% |
| Adobe Inc |
21.89%
364
|
$202,217,000 | 0.10% |
| Nushares Etf Tr |
Closed
5,424
|
$200,634,000 | |
| Disney Walt Co |
Closed
2,247
|
$200,597,000 | |
| Cognition Therapeutics Inc |
No change
43,380
|
$72,011,000 | 0.04% |
| B2gold Corp |
No change
10,617
|
$28,666,000 | 0.01% |
| Smiledirectclub Inc |
Closed
12,000
|
$6,360,000 | |
| No transactions found | |||
| Showing first 500 out of 87 holdings | |||
Hedge funds similar to Castle Wealth Management
- Bridgewealth Advisory
- One Advisory Partners
- Providence First Trust Co
- Bigelow Investment Advisors
- Sutton Wealth Advisors
- Aafmaa Wealth Management & Trust
- Act Wealth Management
- Pflug Koory
- Palumbo Wealth Management
- Lunt Capital Management
- Kkm
- Pavion Blue Capital
- Hall Capital Management Co Inc
- Headlands Technologies