Fiat Wealth Management 13F annual report
Fiat Wealth Management is an investment fund managing more than $7.9 billion ran by Bradly Gotto. There are currently 12 companies in Mr. Gotto’s portfolio. The largest investments include Unitedhealth Inc and Vanguard Specialized Funds, together worth $3.21 billion.
$7.9 billion Assets Under Management (AUM)
As of 26th April 2024, Fiat Wealth Management’s top holding is 4,227 shares of Unitedhealth Inc currently worth over $2.23 billion and making up 28.2% of the portfolio value.
Relative to the number of outstanding shares of Unitedhealth Inc, Fiat Wealth Management owns more than approximately 0.1% of the company.
In addition, the fund holds 5,763 shares of Vanguard Specialized Funds worth $982 million.
The third-largest holding is Ishares Tr worth $969 million and the next is Exchange Listed Fds Tr worth $762 million, with 32,728 shares owned.
Currently, Fiat Wealth Management's portfolio is worth at least $7.9 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 Fiat Wealth Management
The Fiat Wealth Management office and employees reside in Wayzata, Minnesota. According to the last 13-F report filed with the SEC, Bradly Gotto serves as the CEO at Fiat Wealth Management.
Recent trades
In the most recent 13F filing, Fiat Wealth Management revealed that it had opened a new position in Unitedhealth Inc and bought 4,227 shares worth $2.23 billion.
One of the smallest hedge funds
The two most similar investment funds to Fiat Wealth Management are Vulcan Value Partners and Warburg Pincus & Co. They manage $7.9 billion and $7.95 billion respectively.
Bradly Gotto investment strategy
Fiat Wealth Management’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Health Care — making up 28.2% of
the total portfolio value.
The fund focuses on investments in the United States as
41.7% 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
42% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $968 billion.
The complete list of Fiat Wealth Management trades based on 13F SEC filings
These positions were updated on May 3rd 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 |
|---|---|---|---|
| Unitedhealth Group Inc |
Opened
4,227
|
$2,225,395,000 | 28.16% |
| Vanguard Specialized Funds |
Opened
5,763
|
$981,968,000 | 12.42% |
| Ishares Tr |
Opened
2,029
|
$968,920,000 | 12.26% |
| Exchange Listed Fds Tr |
Opened
32,728
|
$761,905,000 | 9.64% |
| Microsoft Corporation |
Opened
1,650
|
$620,466,000 | 7.85% |
| Apple Inc |
Opened
2,605
|
$501,541,000 | 6.35% |
| Amazon.com Inc. |
Opened
2,803
|
$425,888,000 | 5.39% |
| Visa Inc |
Opened
1,608
|
$418,643,000 | 5.30% |
| Spdr Sp 500 Etf Tr |
Opened
663
|
$315,131,000 | 3.99% |
| Wisdomtree Tr |
Opened
5,681
|
$210,139,000 | 2.66% |
| Vanguard Index Fds |
Opened
675
|
$209,844,000 | 2.66% |
| Two Rds Shared Tr |
Opened
23,498
|
$263,401,000 | 3.33% |
| No transactions found | |||
| Showing first 500 out of 12 holdings | |||
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