Mbm Wealth Consultants 13F annual report
Mbm Wealth Consultants is an investment fund managing more than $293 billion ran by Matthew Lapides. There are currently 88 companies in Mr. Lapides’s portfolio. The largest investments include Vanguard Index Fds and Vanguard Whitehall Fds, together worth $134 billion.
$293 billion Assets Under Management (AUM)
As of 23rd July 2024, Mbm Wealth Consultants’s top holding is 263,426 shares of Vanguard Index Fds currently worth over $98.1 billion and making up 33.5% of the portfolio value.
In addition, the fund holds 305,500 shares of Vanguard Whitehall Fds worth $36.3 billion.
The third-largest holding is J P Morgan Exchange Traded F worth $23.9 billion and the next is Vanguard Tax-managed Fds worth $13.1 billion, with 260,929 shares owned.
Currently, Mbm Wealth Consultants's portfolio is worth at least $293 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 Mbm Wealth Consultants
The Mbm Wealth Consultants office and employees reside in Chesterfield, Missouri. According to the last 13-F report filed with the SEC, Matthew Lapides serves as the CCO at Mbm Wealth Consultants.
Recent trades
In the most recent 13F filing, Mbm Wealth Consultants revealed that it had opened a new position in
Alphabet Inc and bought 1,145 shares worth $216 million.
This means they effectively own approximately 0.1% of the company.
Alphabet Inc makes up
2.0%
of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Vanguard Whitehall Fds by buying
4,320 additional shares.
This makes their stake in Vanguard Whitehall Fds total 305,500 shares worth $36.3 billion.
On the other hand, there are companies that Mbm Wealth Consultants is getting rid of from its portfolio.
Mbm Wealth Consultants closed its position in CVS Health Corp on 30th July 2024.
It sold the previously owned 3,136 shares for $250 million.
Matthew Lapides also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $98.1 billion and 263,426 shares.
One of the smaller hedge funds
The two most similar investment funds to Mbm Wealth Consultants are Formula Growth Ltd and Wittenberg Investment Management, Inc. They manage $293 billion and $293 billion respectively.
Matthew Lapides investment strategy
Mbm Wealth Consultants’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 3.7% of
the total portfolio value.
The fund focuses on investments in the United States as
56.8% 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
43% of the total holdings value.
On the other hand, small-cap stocks make up only 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $230 billion.
The complete list of Mbm Wealth Consultants trades based on 13F SEC filings
These positions were updated on July 30th 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 Index Fds |
0.10%
263,426
|
$98,063,861,000 | 33.46% |
| Vanguard Whitehall Fds |
1.43%
305,500
|
$36,302,517,000 | 12.39% |
| J P Morgan Exchange Traded F |
2.69%
472,876
|
$23,894,461,000 | 8.15% |
| Vanguard Tax-managed Fds |
2.66%
260,929
|
$13,069,913,000 | 4.46% |
| Pgim Etf Tr |
9.80%
224,040
|
$11,102,280,000 | 3.79% |
| Spdr Ser Tr |
2.04%
504,762
|
$21,194,895,000 | 7.23% |
| Ishares Tr |
2.88%
245,990
|
$18,902,541,000 | 6.45% |
| Schwab Strategic Tr |
4.72%
151,511
|
$7,287,659,000 | 2.49% |
| Apple Inc |
3.56%
13,751
|
$3,144,465,000 | 1.07% |
| Microsoft Corporation |
1.40%
4,717
|
$2,167,421,000 | 0.74% |
| NVIDIA Corp |
752.86%
15,522
|
$2,039,281,000 | 0.70% |
| Abbvie Inc |
1.45%
11,396
|
$1,914,937,000 | 0.65% |
| Waste Mgmt Inc Del |
2.73%
7,954
|
$1,670,500,000 | 0.57% |
| Alphabet Inc |
9.31%
8,310
|
$1,582,557,000 | 0.54% |
| Amazon.com Inc. |
1.61%
7,870
|
$1,568,806,000 | 0.54% |
| Booking Holdings Inc |
2.13%
384
|
$1,527,353,000 | 0.52% |
| Valero Energy Corp. |
0.91%
10,115
|
$1,479,815,000 | 0.50% |
| Lam Research Corp. |
0.08%
1,306
|
$1,452,435,000 | 0.50% |
| Costco Whsl Corp New |
5.84%
1,597
|
$1,416,300,000 | 0.48% |
| Home Depot, Inc. |
10.01%
4,155
|
$1,400,609,000 | 0.48% |
| Ares Capital Corp |
5.02%
66,291
|
$1,396,076,000 | 0.48% |
| Jefferies Finl Group Inc |
3.17%
26,844
|
$1,382,466,000 | 0.47% |
| Adobe Inc |
26.49%
2,416
|
$1,367,505,000 | 0.47% |
| Unitedhealth Group Inc |
11.68%
2,686
|
$1,321,808,000 | 0.45% |
| United Rentals, Inc. |
3.77%
2,093
|
$1,312,856,000 | 0.45% |
| Fedex Corp |
2.70%
4,367
|
$1,278,206,000 | 0.44% |
| Cloudflare Inc |
33.09%
15,331
|
$1,265,993,000 | 0.43% |
| Intercontinental Exchange In |
4.93%
8,875
|
$1,264,262,000 | 0.43% |
| Dimensional Etf Trust |
No change
63,407
|
$3,092,276,000 | 1.06% |
| Lockheed Martin Corp. |
2.90%
2,694
|
$1,239,819,000 | 0.42% |
| Berkshire Hathaway Inc. |
9.85%
2,832
|
$1,162,593,000 | 0.40% |
| Vertex Pharmaceuticals, Inc. |
2.82%
2,381
|
$1,157,143,000 | 0.39% |
| Schwab Charles Corp |
2.92%
15,445
|
$1,151,116,000 | 0.39% |
| Progressive Corp. |
1.54%
5,483
|
$1,148,488,000 | 0.39% |
| Centene Corp. |
16.09%
17,383
|
$1,142,759,000 | 0.39% |
| T-Mobile US Inc |
0.16%
6,180
|
$1,106,529,000 | 0.38% |
| Cigna Group (The) |
7.52%
3,333
|
$1,094,458,000 | 0.37% |
| Schlumberger Ltd. |
38.07%
21,778
|
$984,366,000 | 0.34% |
| Spdr Index Shs Fds |
9.40%
26,253
|
$934,335,000 | 0.32% |
| Epam Sys Inc |
41.16%
5,107
|
$932,488,000 | 0.32% |
| Pure Storage Inc |
23.04%
9,796
|
$645,361,000 | 0.22% |
| United Therapeutics Corp |
11.56%
1,982
|
$639,493,000 | 0.22% |
| Interactive Brokers Group In |
7.60%
4,838
|
$605,960,000 | 0.21% |
| Air Lease Corp |
0.42%
12,063
|
$574,802,000 | 0.20% |
| VanEck ETF Trust |
19.86%
33,130
|
$564,536,000 | 0.19% |
| FirstCash Holdings Inc |
11.91%
5,028
|
$513,308,000 | 0.18% |
| Merck Co Inc |
10.91%
4,057
|
$511,289,000 | 0.17% |
| Noble Corp Plc |
42.40%
10,650
|
$462,210,000 | 0.16% |
| Oneok Inc. |
0.23%
5,560
|
$458,233,000 | 0.16% |
| NRG Energy Inc. |
1.58%
5,653
|
$448,022,000 | 0.15% |
| Titan Machy Inc |
55.50%
29,136
|
$437,040,000 | 0.15% |
| Conocophillips |
0.75%
3,746
|
$416,469,000 | 0.14% |
| International Business Machs |
0.81%
2,359
|
$416,193,000 | 0.14% |
| Elevance Health Inc |
No change
763
|
$403,811,000 | 0.14% |
| Visa Inc |
17.66%
1,466
|
$389,136,000 | 0.13% |
| Prudential Finl Inc |
0.59%
2,875
|
$341,040,000 | 0.12% |
| Mastercard Incorporated |
1.51%
741
|
$329,523,000 | 0.11% |
| Emerson Elec Co |
3.18%
2,982
|
$326,798,000 | 0.11% |
| Fidelity Natl Information Sv |
0.71%
4,194
|
$309,182,000 | 0.11% |
| CareTrust REIT Inc |
0.20%
11,946
|
$307,245,000 | 0.10% |
| Us Bancorp Del |
1.35%
7,663
|
$305,486,000 | 0.10% |
| Ameren Corp. |
No change
4,221
|
$301,211,000 | 0.10% |
| Johnson Johnson |
1.83%
1,985
|
$291,895,000 | 0.10% |
| Att Inc |
0.34%
15,473
|
$290,888,000 | 0.10% |
| The Southern Co. |
0.03%
3,611
|
$282,050,000 | 0.10% |
| Old Rep Intl Corp |
0.72%
9,336
|
$280,147,000 | 0.10% |
| Verizon Communications Inc |
1.13%
6,778
|
$279,892,000 | 0.10% |
| Unum Group |
0.89%
5,441
|
$275,449,000 | 0.09% |
| Exxon Mobil Corp. |
1.28%
2,460
|
$272,878,000 | 0.09% |
| Dow Inc |
2.51%
5,276
|
$272,136,000 | 0.09% |
| Omnicom Group, Inc. |
1.02%
2,968
|
$268,606,000 | 0.09% |
| Cisco Sys Inc |
2.61%
5,659
|
$259,183,000 | 0.09% |
| Cna Finl Corp |
0.70%
5,574
|
$253,506,000 | 0.09% |
| Travel Plus Leisure Co |
0.87%
5,776
|
$250,159,000 | 0.09% |
| CVS Health Corp |
Closed
3,136
|
$250,128,000 | |
| Kinder Morgan Inc |
7.52%
12,194
|
$243,759,000 | 0.08% |
| Spire Inc. |
1.11%
4,101
|
$242,797,000 | 0.08% |
| Tjx Cos Inc New |
4.24%
2,164
|
$242,693,000 | 0.08% |
| Laureate Education Inc |
0.72%
16,563
|
$241,489,000 | 0.08% |
| Pfizer Inc. |
0.81%
8,372
|
$232,062,000 | 0.08% |
| Kkr Co Inc |
No change
2,165
|
$228,581,000 | 0.08% |
| Monster Beverage Corp. |
Closed
3,842
|
$227,754,000 | |
| Lsb Inds Inc |
No change
30,000
|
$224,700,000 | 0.08% |
| Blackstone Mtg Tr Inc |
4.34%
12,361
|
$224,338,000 | 0.08% |
| Federated Hermes Inc |
1.66%
6,922
|
$223,858,000 | 0.08% |
| 3M Co. |
1.42%
2,219
|
$221,213,000 | 0.08% |
| Alphabet Inc |
Opened
1,145
|
$216,383,000 | 0.07% |
| CME Group Inc |
1.76%
1,098
|
$213,693,000 | 0.07% |
| SpartanNash Co |
3.81%
11,743
|
$211,252,000 | 0.07% |
| Spdr Ser Tr |
Opened
3,075
|
$207,870,000 | 0.07% |
| Barings BDC Inc |
Closed
10,264
|
$95,456,000 | |
| No transactions found | |||
| Showing first 500 out of 91 holdings | |||
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