Gray Wealth Management is an investment fund managing more than $226 billion ran by Vance Jr.. There are currently 84 companies in Mr. Jr.’s portfolio. The largest investments include Vanguard Specialized Funds and Vanguard Index Fds, together worth $73.3 billion.
As of 2nd August 2024, Gray Wealth Management’s top holding is 139,165 shares of Vanguard Specialized Funds currently worth over $25.4 billion and making up 11.2% of the portfolio value.
In addition, the fund holds 189,303 shares of Vanguard Index Fds worth $47.9 billion.
The third-largest holding is Ishares Tr worth $28.7 billion and the next is Apple Inc worth $8.7 billion, with 41,318 shares owned.
Currently, Gray Wealth Management's portfolio is worth at least $226 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.
The Gray Wealth Management office and employees reside in Bangor, Maine. According to the last 13-F report filed with the SEC, Vance Jr. serves as the President at Gray Wealth Management.
In the most recent 13F filing, Gray Wealth Management revealed that it had opened a new position in
Insulet and bought 1,094 shares worth $221 million.
This means they effectively own approximately 0.1% of the company.
Insulet makes up
3.9%
of the fund's Health Care sector allocation and has decreased its share price by 13.0% in the past year.
The investment fund also strengthened its position in Vanguard Specialized Funds by buying
2,665 additional shares.
This makes their stake in Vanguard Specialized Funds total 139,165 shares worth $25.4 billion.
On the other hand, there are companies that Gray Wealth Management is getting rid of from its portfolio.
Gray Wealth Management closed its position in Vanguard Index Fds on 9th August 2024.
It sold the previously owned 1,349 shares for $259 million.
Vance Jr. also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $28.7 billion and 170,325 shares.
The two most similar investment funds to Gray Wealth Management are Brown Wealth Management and Newbridge Services. They manage $226 billion and $226 billion respectively.
Gray Wealth Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 6.0% of
the total portfolio value.
The fund focuses on investments in the United States as
54.8% 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
55% of the total holdings value.
On the other hand, small-cap stocks make up only 2.4% of the portfolio.
The average market cap of the portfolio companies is close to $270 billion.
These positions were updated on August 9th 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 |
|---|---|---|---|
| Vanguard Specialized Funds |
1.95%
139,165
|
$25,404,518,000 | 11.24% |
| Vanguard Index Fds |
1.77%
189,303
|
$47,890,316,000 | 21.20% |
| Ishares Tr |
1.81%
170,325
|
$28,714,553,000 | 12.71% |
| Apple Inc |
0.08%
41,318
|
$8,702,389,000 | 3.85% |
| Vanguard World Fd |
0.03%
159,449
|
$29,955,062,000 | 13.26% |
| Microsoft Corporation |
1.50%
15,794
|
$7,059,194,000 | 3.12% |
| Procter And Gamble Co |
0.33%
29,107
|
$4,800,270,000 | 2.12% |
| Vanguard Scottsdale Fds |
12.57%
90,749
|
$6,940,632,000 | 3.07% |
| Alphabet Inc |
3.18%
22,740
|
$4,144,055,000 | 1.83% |
| Amazon.com Inc. |
4.86%
16,659
|
$3,219,389,000 | 1.42% |
| Johnson & Johnson |
7.61%
21,911
|
$3,202,539,000 | 1.42% |
| Berkshire Hathaway Inc. |
4.89%
7,804
|
$3,174,730,000 | 1.41% |
| Visa Inc |
1.01%
8,481
|
$2,226,077,000 | 0.99% |
| Vanguard Bd Index Fds |
17.26%
29,605
|
$2,133,040,000 | 0.94% |
| Exxon Mobil Corp. |
5.18%
18,324
|
$2,109,502,000 | 0.93% |
| J P Morgan Exchange Traded F |
0.59%
38,504
|
$1,943,297,000 | 0.86% |
| Walmart Inc |
2.38%
27,255
|
$1,845,420,000 | 0.82% |
| Spdr Dow Jones Indl Average |
2.44%
4,591
|
$1,795,678,000 | 0.79% |
| First Tr Exchange-traded Fd |
0.50%
35,016
|
$1,989,924,000 | 0.88% |
| Schwab Strategic Tr |
1.48%
81,450
|
$5,776,872,000 | 2.56% |
| Eli Lilly & Co |
0.92%
1,728
|
$1,564,455,000 | 0.69% |
| Flexshares Tr |
1.46%
23,277
|
$1,548,153,000 | 0.69% |
| JPMorgan Chase & Co. |
6.78%
7,453
|
$1,507,384,000 | 0.67% |
| Lockheed Martin Corp. |
7.06%
3,054
|
$1,426,299,000 | 0.63% |
| NVIDIA Corp |
879.47%
9,256
|
$1,143,489,000 | 0.51% |
| Welltower Inc. |
0.28%
10,914
|
$1,137,755,000 | 0.50% |
| Caterpillar Inc. |
0.03%
3,081
|
$1,026,171,000 | 0.45% |
| Altria Group Inc. |
3.10%
20,644
|
$940,332,000 | 0.42% |
| Chevron Corp. |
0.71%
5,497
|
$859,820,000 | 0.38% |
| Vanguard Intl Equity Index F |
0.41%
10,595
|
$997,263,000 | 0.44% |
| Vanguard Whitehall Fds |
0.06%
6,325
|
$750,097,000 | 0.33% |
| Verizon Communications Inc |
0.52%
17,354
|
$715,688,000 | 0.32% |
| Abbvie Inc |
1.61%
3,980
|
$682,670,000 | 0.30% |
| Coca-Cola Co |
0.04%
10,565
|
$672,444,000 | 0.30% |
| AT&T Inc. |
3.60%
35,082
|
$670,425,000 | 0.30% |
| Invesco Exch Traded Fd Tr Ii |
5.86%
9,957
|
$646,707,000 | 0.29% |
| Mcdonalds Corp |
1.88%
2,396
|
$610,524,000 | 0.27% |
| General Dynamics Corp. |
No change
1,773
|
$514,418,000 | 0.23% |
| Select Sector Spdr Tr |
2.07%
12,230
|
$1,527,365,000 | 0.68% |
| Duke Energy Corp. |
6.11%
5,068
|
$507,918,000 | 0.22% |
| Meta Platforms Inc |
29.85%
957
|
$482,660,000 | 0.21% |
| Costco Whsl Corp New |
No change
551
|
$468,344,000 | 0.21% |
| Trane Technologies plc |
2.87%
1,355
|
$445,700,000 | 0.20% |
| Crown Castle Inc |
1.36%
4,558
|
$445,350,000 | 0.20% |
| Blackrock Inc. |
3.23%
544
|
$428,631,000 | 0.19% |
| Philip Morris International Inc |
0.65%
4,156
|
$421,176,000 | 0.19% |
| Schwab Charles Corp |
9.77%
5,337
|
$393,284,000 | 0.17% |
| AMGEN Inc. |
0.16%
1,238
|
$386,873,000 | 0.17% |
| Unitedhealth Group Inc |
7.27%
740
|
$376,852,000 | 0.17% |
| United Parcel Service, Inc. |
1.77%
2,720
|
$372,199,000 | 0.16% |
| Pepsico Inc |
0.05%
2,215
|
$365,238,000 | 0.16% |
| Energy Transfer L P |
5.08%
22,466
|
$364,401,000 | 0.16% |
| Fidelity Natl Information Sv |
14.95%
4,653
|
$350,650,000 | 0.16% |
| American Elec Pwr Co Inc |
0.16%
3,828
|
$335,836,000 | 0.15% |
| Calamos Conv Opportunities & |
140.83%
27,300
|
$317,777,000 | 0.14% |
| International Business Machs |
0.73%
1,797
|
$310,845,000 | 0.14% |
| Spdr S&p 500 Etf Tr |
6.71%
570
|
$310,292,000 | 0.14% |
| Idexx Labs Inc |
No change
621
|
$302,551,000 | 0.13% |
| Intel Corp. |
25.23%
9,662
|
$299,235,000 | 0.13% |
| Boeing Co. |
3.30%
1,641
|
$298,711,000 | 0.13% |
| Pfizer Inc. |
27.89%
10,573
|
$295,833,000 | 0.13% |
| Quanta Svcs Inc |
1.71%
1,148
|
$291,695,000 | 0.13% |
| Merck & Co Inc |
0.04%
2,347
|
$290,600,000 | 0.13% |
| Advanced Micro Devices Inc. |
6.53%
1,777
|
$288,247,000 | 0.13% |
| RTX Corp |
5.17%
2,785
|
$279,592,000 | 0.12% |
| Blackstone Inc |
0.05%
2,223
|
$275,163,000 | 0.12% |
| Citigroup Inc |
4.04%
4,322
|
$274,275,000 | 0.12% |
| Oneok Inc. |
1.02%
3,352
|
$273,335,000 | 0.12% |
| Enbridge Inc |
0.44%
7,385
|
$262,832,000 | 0.12% |
| Vanguard Index Fds |
Closed
1,349
|
$258,846,000 | |
| Applied Matls Inc |
No change
1,049
|
$247,554,000 | 0.11% |
| Abbott Labs |
8.78%
2,380
|
$247,351,000 | 0.11% |
| Waste Mgmt Inc Del |
No change
1,148
|
$244,837,000 | 0.11% |
| Disney Walt Co |
Closed
1,997
|
$244,378,000 | |
| Valero Energy Corp. |
No change
1,553
|
$243,510,000 | 0.11% |
| Paychex Inc. |
0.05%
2,024
|
$240,019,000 | 0.11% |
| Wisdomtree Tr |
0.91%
7,601
|
$236,771,000 | 0.10% |
| Conocophillips |
15.67%
2,066
|
$236,266,000 | 0.10% |
| The Southern Co. |
0.13%
2,980
|
$231,176,000 | 0.10% |
| Invesco Exch Traded Fd Tr Ii |
Closed
4,083
|
$230,281,000 | |
| Fedex Corp |
3.91%
761
|
$228,210,000 | 0.10% |
| Cigna Group (The) |
2.82%
690
|
$228,093,000 | 0.10% |
| Ingersoll Rand Inc. |
No change
2,444
|
$222,032,000 | 0.10% |
| Insulet Corporation |
Opened
1,094
|
$220,769,000 | 0.10% |
| Salesforce Inc |
5.69%
854
|
$219,563,000 | 0.10% |
| Union Pac Corp |
0.11%
951
|
$215,173,000 | 0.10% |
| Lowes Cos Inc |
Closed
814
|
$207,350,000 | |
| Genuine Parts Co. |
Closed
1,296
|
$200,807,000 | |
| First Tr Nasdaq 100 Tech Ind |
Opened
1,016
|
$200,619,000 | 0.09% |
| No transactions found | |||
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