Reston Wealth Management 13F annual report
Reston Wealth Management is an investment fund managing more than $250 billion ran by Chloerissa Kirwan. There are currently 32 companies in Kirwan’s portfolio. The largest investments include Spdr Ser Tr and Schwab Strategic Tr, together worth $176 billion.
$250 billion Assets Under Management (AUM)
As of 23rd July 2024, Reston Wealth Management’s top holding is 2,337,031 shares of Spdr Ser Tr currently worth over $111 billion and making up 44.3% of the portfolio value.
In addition, the fund holds 1,121,791 shares of Schwab Strategic Tr worth $65.5 billion.
The third-largest holding is Spdr Index Shs Fds worth $26 billion and the next is Ishares Tr worth $29.3 billion, with 409,993 shares owned.
Currently, Reston Wealth Management's portfolio is worth at least $250 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 Reston Wealth Management
The Reston Wealth Management office and employees reside in Reston, Virginia. According to the last 13-F report filed with the SEC, Chloerissa Kirwan serves as the Chief Compliance Officer at Reston Wealth Management.
Recent trades
In the most recent 13F filing, Reston Wealth Management revealed that it had opened a new position in
Tesla Inc and bought 1,082 shares worth $214 million.
This means they effectively own approximately 0.1% of the company.
Tesla Inc makes up
12.4%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Spdr Ser Tr by buying
8,755 additional shares.
This makes their stake in Spdr Ser Tr total 2,337,031 shares worth $111 billion.
On the other hand, there are companies that Reston Wealth Management is getting rid of from its portfolio.
Reston Wealth Management closed its position in Spdr Ser Tr on 30th July 2024.
It sold the previously owned 5,120 shares for $220 million.
Chloerissa Kirwan also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%.
This leaves the value of the investment at $65.5 billion and 1,121,791 shares.
One of the smaller hedge funds
The two most similar investment funds to Reston Wealth Management are Daventry L.P. and Sawyer , Inc. They manage $250 billion and $250 billion respectively.
Chloerissa Kirwan investment strategy
Reston Wealth Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 2.0% of
the total portfolio value.
The fund focuses on investments in the United States as
40.6% 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
41% of the total holdings value.
On the other hand, small-cap stocks make up only 3.1% of the portfolio.
The average market cap of the portfolio companies is close to $569 billion.
The complete list of Reston Wealth Management 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 |
|---|---|---|---|
| Spdr Ser Tr |
0.38%
2,337,031
|
$110,870,740,000 | 44.33% |
| Schwab Strategic Tr |
0.10%
1,121,791
|
$65,464,510,000 | 26.17% |
| Spdr Index Shs Fds |
2.83%
739,746
|
$25,950,302,000 | 10.38% |
| Ishares Tr |
2.45%
409,993
|
$29,288,514,000 | 11.71% |
| Vanguard Bd Index Fds |
0.80%
37,884
|
$2,729,521,000 | 1.09% |
| Microsoft Corporation |
3.24%
3,825
|
$1,709,508,000 | 0.68% |
| Invesco Exchange Traded Fd T |
2.69%
44,600
|
$1,661,801,000 | 0.66% |
| Ssga Active Etf Tr |
2.18%
34,019
|
$1,351,219,000 | 0.54% |
| Alphabet Inc |
2.41%
10,757
|
$1,967,335,000 | 0.79% |
| NVIDIA Corp |
905.49%
7,511
|
$927,910,000 | 0.37% |
| Apple Inc |
0.32%
4,348
|
$915,857,000 | 0.37% |
| Jpmorgan Chase Co. |
21.04%
3,696
|
$747,481,000 | 0.30% |
| Vanguard Index Fds |
No change
4,016
|
$677,795,000 | 0.27% |
| Amazon.com Inc. |
1.28%
3,084
|
$595,983,000 | 0.24% |
| Eli Lilly Co |
0.31%
633
|
$573,122,000 | 0.23% |
| Marriott Intl Inc New |
0.05%
2,061
|
$498,390,000 | 0.20% |
| Northrop Grumman Corp. |
No change
818
|
$356,607,000 | 0.14% |
| Spdr Sp 500 Etf Tr |
7.05%
633
|
$344,693,000 | 0.14% |
| Union Pac Corp |
24.74%
1,424
|
$322,114,000 | 0.13% |
| Costco Whsl Corp New |
16.41%
331
|
$281,341,000 | 0.11% |
| Arista Networks Inc |
No change
800
|
$280,384,000 | 0.11% |
| Innovator ETFs Trust |
No change
7,390
|
$276,903,000 | 0.11% |
| Berkshire Hathaway Inc. |
8.33%
676
|
$274,997,000 | 0.11% |
| Coca-Cola Co |
0.74%
4,057
|
$258,206,000 | 0.10% |
| Abbvie Inc |
2.64%
1,402
|
$240,513,000 | 0.10% |
| Lockheed Martin Corp. |
2.68%
509
|
$237,796,000 | 0.10% |
| Marathon Pete Corp |
0.52%
1,360
|
$235,870,000 | 0.09% |
| Exxon Mobil Corp. |
14.48%
1,976
|
$227,422,000 | 0.09% |
| Spdr Ser Tr |
Closed
5,120
|
$220,346,000 | |
| Elevance Health Inc |
35.43%
401
|
$217,060,000 | 0.09% |
| Tesla Inc |
Opened
1,082
|
$214,106,000 | 0.09% |
| Automatic Data Processing In |
3.03%
884
|
$211,002,000 | 0.08% |
| Blackrock Floating Rate Inc |
Opened
15,342
|
$195,761,000 | 0.08% |
| No transactions found | |||
| Showing first 500 out of 33 holdings | |||
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