Tap Consulting 13F annual report

Tap Consulting is an investment fund managing more than $457 billion ran by Cynthia Dolniak. There are currently 85 companies in Mrs. Dolniak’s portfolio. The largest investments include Ishares U S Etf Tr and VanEck ETF Trust, together worth $85.2 billion.

Limited to 30 biggest holdings

$457 billion Assets Under Management (AUM)

As of 30th July 2024, Tap Consulting’s top holding is 1,207,966 shares of Ishares U S Etf Tr currently worth over $60.8 billion and making up 13.3% of the portfolio value. In addition, the fund holds 293,116 shares of VanEck ETF Trust worth $24.4 billion, whose value grew 6.5% in the past six months. The third-largest holding is Spdr Sp 500 Etf Tr worth $15.3 billion and the next is Ishares Tr worth $55.3 billion, with 734,752 shares owned.

Currently, Tap Consulting's portfolio is worth at least $457 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 Tap Consulting

The Tap Consulting office and employees reside in Kirkwood, Missouri. According to the last 13-F report filed with the SEC, Cynthia Dolniak serves as the Chief Compliance Officer at Tap Consulting.

Recent trades

In the most recent 13F filing, Tap Consulting revealed that it had opened a new position in Proshares Tr and bought 129,091 shares worth $5.23 billion.

The investment fund also strengthened its position in VanEck ETF Trust by buying 159,560 additional shares. This makes their stake in VanEck ETF Trust total 293,116 shares worth $24.4 billion. VanEck ETF Trust dropped approximately 0.1% in the past year.

On the other hand, there are companies that Tap Consulting is getting rid of from its portfolio. Tap Consulting closed its position in Proshares Tr on 6th August 2024. It sold the previously owned 1,035,894 shares for $10.6 billion. Cynthia Dolniak also disclosed a decreased stake in Ishares U S Etf Tr by 0.3%. This leaves the value of the investment at $60.8 billion and 1,207,966 shares.

One of the average hedge funds

The two most similar investment funds to Tap Consulting are Strategic Planning Group and Marietta Investment Partners. They manage $457 billion and $457 billion respectively.


Cynthia Dolniak investment strategy

Tap Consulting’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Miscellaneous — making up 5.7% of the total portfolio value. The fund focuses on investments in the United States as 23.5% 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 20% of the total holdings value. On the other hand, small-cap stocks make up only 4.7% of the portfolio. The average market cap of the portfolio companies is close to $235 billion.

The complete list of Tap Consulting trades based on 13F SEC filings

These positions were updated on August 6th 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
Ishares U S Etf Tr
25.99%
1,207,966
$60,796,931,000 13.30%
VanEck ETF Trust
119.47%
293,116
$24,408,544,000 5.34%
Spdr Sp 500 Etf Tr
23.72%
28,155
$15,322,395,000 3.35%
Ishares Tr
14.53%
734,752
$55,254,806,000 12.09%
First Tr Exchange-traded Fd
9.44%
1,025,170
$35,033,670,000 7.66%
Proshares Tr
Closed
1,035,894
$10,585,938,000
Schwab Strategic Tr
23.88%
320,376
$14,641,745,000 3.20%
Victory Portfolios II
3.76%
493,971
$27,536,815,000 6.02%
Vanguard World Fd
19.72%
83,759
$12,405,543,000 2.71%
Invesco Exch Traded Fd Tr Ii
15.81%
328,692
$5,860,586,000 1.28%
Global X Fds
13.02%
322,285
$9,487,171,000 2.08%
First Tr Exchange Trad Fd Vi
152.64%
222,314
$5,315,533,000 1.16%
Proshares Tr
59.62%
113,641
$5,970,897,000 1.31%
Etf Ser Solutions
3.89%
174,146
$5,281,846,000 1.16%
Proshares Tr
Opened
129,091
$5,228,186,000 1.14%
Ssga Active Tr
0.43%
99,572
$5,067,199,000 1.11%
Invesco Exch Traded Fd Tr Ii
Opened
55,888
$4,887,966,000 1.07%
Apple Inc
2.57%
23,103
$4,866,098,000 1.06%
Ishares Tr
Opened
220,923
$17,122,924,000 3.75%
J P Morgan Exchange Traded F
33.08%
94,764
$4,782,749,000 1.05%
Invesco Exchange Traded Fd T
Opened
104,091
$4,762,164,000 1.04%
Pacer Fds Tr
7.19%
276,531
$9,827,155,000 2.15%
Equity Residential
24.04%
58,725
$4,071,961,000 0.89%
Select Sector Spdr Tr
85.82%
51,962
$6,121,372,000 1.34%
Select Sector Spdr Tr
Opened
139,903
$11,444,007,000 2.50%
Legg Mason Etf Invt
Closed
95,131
$3,458,003,000
Cintas Corporation
6.87%
4,582
$3,208,599,000 0.70%
Badger Meter Inc.
15.71%
16,760
$3,123,296,000 0.68%
Invesco Exchange Traded Fd T
21.28%
18,711
$3,073,831,000 0.67%
Newmont Corp
9.69%
70,755
$2,962,498,000 0.65%
Victory Portfolios II
Opened
95,604
$2,956,077,000 0.65%
Spdr Gold Tr
48.46%
13,683
$2,941,983,000 0.64%
Invesco Exch Traded Fd Tr Ii
Closed
46,620
$2,921,224,000
Roper Technologies Inc
9.65%
4,919
$2,772,476,000 0.61%
First Tr Exchange-traded Fd
Opened
48,043
$5,711,440,000 1.25%
Price T Rowe Group Inc
35.00%
22,646
$2,611,334,000 0.57%
Lowes Cos Inc
16.29%
11,671
$2,573,099,000 0.56%
Renaissancere Hldgs Ltd
23.41%
11,507
$2,571,891,000 0.56%
Ishares U S Etf Tr
Closed
102,562
$2,571,230,000
Schwab Strategic Tr
Opened
131,541
$5,260,655,000 1.15%
West Pharmaceutical Svsc Inc
18.04%
7,669
$2,526,054,000 0.55%
Sherwin-Williams Co.
2.87%
8,248
$2,461,472,000 0.54%
First Tr Exchange Traded Fd
5.94%
132,409
$2,409,848,000 0.53%
Nordson Corp.
25.41%
9,988
$2,316,512,000 0.51%
Simplify Exchange Traded Fun
37.36%
71,878
$2,256,977,000 0.49%
Vanguard Intl Equity Index F
Opened
32,776
$2,188,455,000 0.48%
Brown Brown Inc
Opened
23,776
$2,125,857,000 0.47%
First Tr Exch Traded Fd Iii
7.07%
32,689
$2,046,026,000 0.45%
First Tr Exchange Traded Fd
Opened
58,685
$3,262,587,000 0.71%
Vanguard Index Fds
7.30%
40,737
$8,925,137,000 1.95%
Ishares Inc
Opened
50,579
$3,315,734,000 0.73%
Albemarle Corp.
195.19%
19,654
$1,877,356,000 0.41%
Bitwise Bitcoin Etf Tr
Opened
51,520
$1,684,190,000 0.37%
Amplify Etf Tr
Opened
25,907
$1,676,946,000 0.37%
Etf Managers Tr
Closed
26,515
$1,601,785,000
Farmland Partners Inc
9.25%
134,959
$1,556,077,000 0.34%
First Tr Ftse Epra / Nareit
14.51%
36,040
$1,380,064,000 0.30%
First Tr Exchange-traded Fd
Closed
31,155
$1,313,809,000
Ishares Inc
19.36%
35,277
$1,308,419,000 0.29%
Wisdomtree Tr
40.99%
46,837
$1,268,815,000 0.28%
VanEck ETF Trust
Opened
44,892
$1,575,600,000 0.34%
Spdr Ser Tr
Opened
11,682
$1,072,175,000 0.23%
Meta Platforms Inc
4.57%
2,046
$1,031,400,000 0.23%
Uscf Etf Tr
22.66%
52,632
$1,018,430,000 0.22%
Powershares Actively Managed
5.90%
40,417
$1,016,088,000 0.22%
Sprott Fds Tr
Closed
20,881
$1,007,926,000
Microsoft Corporation
0.27%
2,239
$1,000,674,000 0.22%
Procter And Gamble Co
1.93%
5,276
$870,112,000 0.19%
Abrdn Precious Metals Basket
50.55%
8,120
$836,198,000 0.18%
Ishares Gold Tr
Opened
18,685
$820,833,000 0.18%
Johnson Johnson
1.15%
4,838
$707,064,000 0.15%
Spdr Ser Tr
44.51%
15,706
$933,754,000 0.20%
Global X Fds
Closed
10,433
$531,449,000
Ameren Corp.
5.34%
6,703
$476,678,000 0.10%
Republic Svcs Inc
0.59%
2,218
$431,112,000 0.09%
Invesco Db Us Dlr Index Tr
No change
14,227
$414,433,000 0.09%
Alps Etf Tr
0.04%
17,652
$399,719,000 0.09%
Agf Invts Tr
Closed
23,479
$397,970,000
Amazon.com Inc.
22.72%
1,988
$384,181,000 0.08%
Vanguard World Fds
Closed
2,793
$382,837,000
Direxion Shs Etf Tr
24.40%
6,586
$364,627,000 0.08%
Dexcom Inc
No change
3,125
$354,313,000 0.08%
Stifel Finl Corp
Opened
3,912
$329,195,000 0.07%
Enphase Energy Inc
35.88%
3,238
$322,862,000 0.07%
Vanguard Malvern Fds
94.43%
6,612
$320,967,000 0.07%
Merck Co Inc
11.76%
2,310
$285,992,000 0.06%
International Business Machs
4.66%
1,597
$276,315,000 0.06%
Walmart Inc
200.22%
4,050
$274,264,000 0.06%
Direxion Shs Etf Tr
Opened
6,221
$724,239,000 0.16%
NVIDIA Corp
Opened
2,154
$266,165,000 0.06%
Pfizer Inc.
1.43%
8,504
$237,943,000 0.05%
Bunge Global SA
No change
2,127
$227,062,000 0.05%
Ford Mtr Co Del
64.45%
11,015
$138,124,000 0.03%
COMPASS Pathways plc
8.63%
10,587
$63,946,000 0.01%
Energy Fuels Inc
Opened
10,000
$60,600,000 0.01%
No transactions found
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