Secure Asset Management 13F annual report
Secure Asset Management is an investment fund managing more than $525 billion ran by Randall Joseph. There are currently 210 companies in Mr. Joseph’s portfolio. The largest investments include Vanguard Index Fds and Apple Inc, together worth $110 billion.
$525 billion Assets Under Management (AUM)
As of 17th July 2024, Secure Asset Management’s top holding is 144,128 shares of Vanguard Index Fds currently worth over $66 billion and making up 12.6% of the portfolio value.
In addition, the fund holds 209,445 shares of Apple Inc worth $44.1 billion, whose value grew 15.3% in the past six months.
The third-largest holding is NVIDIA Corp worth $21.4 billion and the next is Select Sector Spdr Tr worth $21.7 billion, with 108,596 shares owned.
Currently, Secure Asset Management's portfolio is worth at least $525 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 Secure Asset Management
The Secure Asset Management office and employees reside in Troy, Michigan. According to the last 13-F report filed with the SEC, Randall Joseph serves as the Chief Compliance Officer at Secure Asset Management.
Recent trades
In the most recent 13F filing, Secure Asset Management revealed that it had opened a new position in
Guggenheim Strategic Opportu and bought 332,704 shares worth $4.96 billion.
The investment fund also strengthened its position in Vanguard Index Fds by buying
2,734 additional shares.
This makes their stake in Vanguard Index Fds total 144,128 shares worth $66 billion.
On the other hand, there are companies that Secure Asset Management is getting rid of from its portfolio.
Secure Asset Management closed its position in Dollar Gen Corp New on 24th July 2024.
It sold the previously owned 16,904 shares for $2.64 billion.
Randall Joseph also disclosed a decreased stake in Apple Inc by approximately 0.1%.
This leaves the value of the investment at $44.1 billion and 209,445 shares.
One of the average hedge funds
The two most similar investment funds to Secure Asset Management are Eagle Health Investments L.P. and Cohen Capital Management. They manage $525 billion and $525 billion respectively.
Randall Joseph investment strategy
Secure Asset Management’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 11.5% of
the total portfolio value.
The fund focuses on investments in the United States as
49.0% 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
40% of the total holdings value.
On the other hand, small-cap stocks make up only 4.3% of the portfolio.
The average market cap of the portfolio companies is close to $146 billion.
The complete list of Secure Asset Management trades based on 13F SEC filings
These positions were updated on July 24th 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 |
1.93%
144,128
|
$65,956,370,000 | 12.57% |
Apple Inc |
0.29%
209,445
|
$44,113,295,000 | 8.40% |
NVIDIA Corp |
1,223.45%
173,094
|
$21,384,024,000 | 4.07% |
Select Sector Spdr Tr |
7.32%
108,596
|
$21,659,204,000 | 4.13% |
Ishares Tr |
25.65%
126,683
|
$25,385,184,000 | 4.84% |
First Tr Exchange-traded Fd |
15.45%
708,504
|
$30,440,356,000 | 5.80% |
Microsoft Corporation |
33.63%
22,506
|
$10,058,994,000 | 1.92% |
Ssga Active Etf Tr |
8.17%
230,732
|
$9,644,599,000 | 1.84% |
Meta Platforms Inc |
103.09%
17,874
|
$9,012,665,000 | 1.72% |
Amazon.com Inc. |
16.31%
45,957
|
$8,881,256,000 | 1.69% |
Invesco Exchange Traded Fd T |
10.06%
89,035
|
$8,400,763,000 | 1.60% |
Vanguard Malvern Fds |
171.34%
150,425
|
$7,301,631,000 | 1.39% |
Etfis Ser Tr I |
57.09%
274,309
|
$5,768,708,000 | 1.10% |
Vanguard Intl Equity Index F |
0.12%
47,308
|
$5,328,261,000 | 1.02% |
Fidelity Merrimack Str Tr |
15.26%
100,795
|
$5,030,662,000 | 0.96% |
Invesco Exch Traded Fd Tr Ii |
312.24%
28,403
|
$5,272,256,000 | 1.00% |
Guggenheim Strategic Opportu |
Opened
332,704
|
$4,960,621,000 | 0.95% |
Exxon Mobil Corp. |
42.31%
41,614
|
$4,790,656,000 | 0.91% |
First Tr Lrg Cp Vl Alphadex |
1.79%
53,854
|
$3,963,665,000 | 0.76% |
First Tr Exchange Traded Fd |
84.83%
170,171
|
$6,715,969,000 | 1.28% |
First Tr Lrge Cp Core Alpha |
2.07%
40,547
|
$3,932,699,000 | 0.75% |
Blackrock Etf Trust Ii |
2.11%
73,140
|
$3,817,916,000 | 0.73% |
Janus Detroit Str Tr |
Opened
73,168
|
$3,722,790,000 | 0.71% |
Tesla Inc |
36.89%
17,457
|
$3,454,403,000 | 0.66% |
Pgim Etf Tr |
14.70%
68,904
|
$3,424,507,000 | 0.65% |
First Tr Value Line Divid In |
1.78%
80,531
|
$3,281,629,000 | 0.63% |
Merck & Co Inc |
6.63%
26,507
|
$3,281,625,000 | 0.63% |
Pacer Fds Tr |
Opened
84,206
|
$4,320,407,000 | 0.82% |
JPMorgan Chase & Co. |
8.47%
15,935
|
$3,222,981,000 | 0.61% |
Ultimus Managers Tr |
6.76%
108,126
|
$2,991,988,000 | 0.57% |
Vanguard Specialized Funds |
17.18%
15,986
|
$2,918,273,000 | 0.56% |
Alphabet Inc |
41.95%
26,063
|
$4,760,095,000 | 0.91% |
Barings Corporate Invs |
Opened
150,358
|
$2,799,670,000 | 0.53% |
Alps Etf Tr |
16.52%
117,505
|
$4,673,697,000 | 0.89% |
Fidelity Covington Trust |
1.70%
15,580
|
$2,672,268,000 | 0.51% |
Dollar Gen Corp New |
Closed
16,904
|
$2,638,106,000 | |
Spdr S&p 500 Etf Tr |
74.87%
4,655
|
$2,533,374,000 | 0.48% |
Berkshire Hathaway Inc. |
57.25%
5,856
|
$2,994,055,000 | 0.57% |
Invesco Exch Trd Slf Idx Fd |
3.52%
877,977
|
$17,041,066,000 | 3.25% |
Ares Dynamic Cr Allocation F |
Opened
145,886
|
$2,172,245,000 | 0.41% |
Microstrategy Inc. |
Opened
1,558
|
$2,146,114,000 | 0.41% |
Vanguard Bd Index Fds |
Closed
53,543
|
$3,959,733,000 | |
Angel Oak Funds Trust |
39.68%
41,003
|
$2,086,637,000 | 0.40% |
Unitedhealth Group Inc |
128.31%
4,073
|
$2,074,255,000 | 0.40% |
Schwab Strategic Tr |
2.70%
30,534
|
$2,475,747,000 | 0.47% |
Walmart Inc |
13.33%
29,349
|
$1,987,223,000 | 0.38% |
Crowdstrike Holdings Inc |
14.42%
4,880
|
$1,869,967,000 | 0.36% |
Graco Inc. |
0.37%
23,512
|
$1,864,008,000 | 0.36% |
Chevron Corp. |
0.18%
11,751
|
$1,838,056,000 | 0.35% |
Visa Inc |
5.30%
6,955
|
$1,825,395,000 | 0.35% |
Mcdonalds Corp |
10.60%
7,033
|
$1,792,176,000 | 0.34% |
Spdr Dow Jones Indl Average |
483.62%
4,488
|
$1,755,480,000 | 0.33% |
First Solar Inc |
4.02%
7,759
|
$1,749,247,000 | 0.33% |
Newmont Corp |
2.34%
41,631
|
$1,743,087,000 | 0.33% |
Fiserv, Inc. |
30.16%
11,593
|
$1,727,821,000 | 0.33% |
Williams Cos Inc |
7.60%
40,341
|
$1,714,497,000 | 0.33% |
Coca-Cola Co |
2.75%
26,597
|
$1,692,874,000 | 0.32% |
Philip Morris International Inc |
3.65%
16,573
|
$1,679,340,000 | 0.32% |
General Dynamics Corp. |
4.71%
5,731
|
$1,662,829,000 | 0.32% |
Abbvie Inc |
19.38%
9,691
|
$1,662,257,000 | 0.32% |
Invesco Exchange Traded Fd T |
Opened
50,058
|
$1,975,921,000 | 0.38% |
Pfizer Inc. |
0.61%
58,328
|
$1,632,010,000 | 0.31% |
Public Svc Enterprise Grp In |
3.09%
21,910
|
$1,614,766,000 | 0.31% |
Boeing Co. |
9.06%
8,639
|
$1,572,384,000 | 0.30% |
Mirum Pharmaceuticals Inc |
8.59%
45,904
|
$1,569,458,000 | 0.30% |
Innovative Indl Pptys Inc |
2.96%
14,298
|
$1,561,602,000 | 0.30% |
First Tr Nas100 Eq Weighted |
0.91%
12,533
|
$1,545,194,000 | 0.29% |
Oracle Corp. |
Opened
10,868
|
$1,534,605,000 | 0.29% |
American Elec Pwr Co Inc |
4.29%
17,368
|
$1,523,857,000 | 0.29% |
Eli Lilly & Co |
200.91%
1,655
|
$1,498,722,000 | 0.29% |
Pioneer Nat Res Co |
Closed
5,630
|
$1,477,771,000 | |
Diamondback Energy Inc |
6.61%
7,341
|
$1,469,628,000 | 0.28% |
Blackrock Muniyield Mich Qu |
4.24%
127,633
|
$1,460,105,000 | 0.28% |
Vici Pptys Inc |
3.52%
50,757
|
$1,453,669,000 | 0.28% |
Essential Utils Inc |
3.37%
38,255
|
$1,428,068,000 | 0.27% |
First Tr Exchange-traded Fd |
Opened
59,975
|
$3,667,809,000 | 0.70% |
Schwab Charles Corp |
6.12%
18,950
|
$1,396,448,000 | 0.27% |
Generac Holdings Inc |
4.27%
10,559
|
$1,396,111,000 | 0.27% |
Ishares Bitcoin Tr |
Opened
40,420
|
$1,379,939,000 | 0.26% |
Marathon Oil Corporation |
5.77%
47,905
|
$1,373,440,000 | 0.26% |
Constellation Brands Inc |
13.60%
5,322
|
$1,369,306,000 | 0.26% |
Conagra Brands Inc |
2.65%
47,869
|
$1,360,449,000 | 0.26% |
Permian Resources Corp |
3.67%
84,227
|
$1,360,272,000 | 0.26% |
Salesforce Inc |
26.44%
5,260
|
$1,352,275,000 | 0.26% |
Kraft Heinz Co |
2.78%
41,591
|
$1,340,047,000 | 0.26% |
Targa Res Corp |
Opened
10,194
|
$1,312,763,000 | 0.25% |
Tapestry Inc |
5.50%
30,610
|
$1,309,790,000 | 0.25% |
Noble Corp Plc |
4.05%
29,040
|
$1,296,639,000 | 0.25% |
Liberty Media Corp. |
Closed
30,454
|
$1,289,727,000 | |
Upbound Group Inc |
4.63%
41,112
|
$1,262,143,000 | 0.24% |
Chemours Company |
3.29%
55,485
|
$1,252,285,000 | 0.24% |
A-Mark Precious Metals Inc |
Closed
40,677
|
$1,248,372,000 | |
CVS Health Corp |
5.88%
21,126
|
$1,247,728,000 | 0.24% |
Fidelity Wise Origin Bitcoin |
Opened
23,647
|
$1,240,540,000 | 0.24% |
MP Materials Corp. |
4.00%
93,229
|
$1,186,805,000 | 0.23% |
First Tr Nasdaq 100 Tech Ind |
444.87%
5,890
|
$1,162,950,000 | 0.22% |
Spdr Gold Tr |
104.04%
5,197
|
$1,117,407,000 | 0.21% |
Palo Alto Networks Inc |
52.52%
3,273
|
$1,109,649,000 | 0.21% |
Albemarle Corp. |
5.08%
11,408
|
$1,089,660,000 | 0.21% |
Ishares Tr |
Opened
29,165
|
$2,230,680,000 | 0.42% |
Home Depot, Inc. |
0.55%
3,053
|
$1,050,882,000 | 0.20% |
Willscot Mobil Mini Hldng Co |
8.64%
27,377
|
$1,030,470,000 | 0.20% |
Kayne Anderson Energy Infrst |
Opened
92,448
|
$954,988,000 | 0.18% |
Costco Whsl Corp New |
150.56%
1,120
|
$952,062,000 | 0.18% |
Vanguard World Fd |
172.42%
1,610
|
$928,030,000 | 0.18% |
Ares Management Corp |
Opened
6,582
|
$877,202,000 | 0.17% |
Aflac Inc. |
71.76%
9,687
|
$865,177,000 | 0.16% |
First Tr Exchange Traded Fd |
Opened
26,413
|
$1,685,639,000 | 0.32% |
Ford Mtr Co Del |
5.31%
67,283
|
$843,733,000 | 0.16% |
Verizon Communications Inc |
2.47%
20,062
|
$827,361,000 | 0.16% |
The Southern Co. |
143.93%
10,533
|
$817,073,000 | 0.16% |
Block Inc |
254.85%
12,448
|
$802,772,000 | 0.15% |
Eaton Corp Plc |
Opened
2,522
|
$790,724,000 | 0.15% |
Innovator ETFs Trust |
6.59%
85,413
|
$3,367,895,000 | 0.64% |
Irsa Inversiones Y Rep S A |
Opened
86,103
|
$771,487,000 | 0.15% |
Barings Global Short Duratio |
Opened
51,203
|
$739,878,000 | 0.14% |
Bank America Corp |
83.77%
18,401
|
$731,802,000 | 0.14% |
Ishares Inc |
Opened
26,572
|
$729,664,000 | 0.14% |
Broadcom Inc |
4.81%
436
|
$699,976,000 | 0.13% |
AT&T Inc. |
36.92%
36,402
|
$695,651,000 | 0.13% |
Procter And Gamble Co |
28.17%
3,914
|
$645,505,000 | 0.12% |
Intuitive Surgical Inc |
Opened
1,447
|
$643,698,000 | 0.12% |
Kroger Co. |
21.73%
12,870
|
$642,606,000 | 0.12% |
Pgim Short Dur Hig Yld Opp F |
Opened
41,175
|
$631,213,000 | 0.12% |
Vanguard Index Fds |
Closed
5,860
|
$1,273,121,000 | |
Lincoln Edl Svcs Corp |
Opened
51,643
|
$612,486,000 | 0.12% |
Netflix Inc. |
11.08%
892
|
$601,993,000 | 0.11% |
GE Aerospace |
170.50%
3,760
|
$597,704,000 | 0.11% |
Super Micro Computer Inc |
226.13%
724
|
$593,209,000 | 0.11% |
Marriott Intl Inc New |
130.06%
2,365
|
$571,873,000 | 0.11% |
Advanced Micro Devices Inc. |
24.89%
3,507
|
$568,870,000 | 0.11% |
Vanguard Intl Equity Index F |
Closed
13,328
|
$556,714,000 | |
CSX Corp. |
5.64%
16,268
|
$544,149,000 | 0.10% |
Johnson & Johnson |
9.27%
3,317
|
$484,883,000 | 0.09% |
Caterpillar Inc. |
8.36%
1,439
|
$479,348,000 | 0.09% |
Dimensional Etf Trust |
No change
9,100
|
$472,017,000 | 0.09% |
NRG Energy Inc. |
Opened
5,818
|
$453,026,000 | 0.09% |
VanEck ETF Trust |
7.76%
1,735
|
$452,286,000 | 0.09% |
Fidelity Covington Trust |
Opened
14,551
|
$731,213,000 | 0.14% |
Iron Mtn Inc Del |
Opened
5,035
|
$451,258,000 | 0.09% |
Chipotle Mexican Grill |
Opened
7,150
|
$447,948,000 | 0.09% |
Adobe Inc |
12.02%
792
|
$439,759,000 | 0.08% |
Stryker Corp. |
No change
1,276
|
$434,111,000 | 0.08% |
Pgim Etf Tr |
Opened
8,467
|
$428,001,000 | 0.08% |
Lam Research Corp. |
Opened
391
|
$416,885,000 | 0.08% |
DTE Energy Co. |
26.82%
3,722
|
$413,185,000 | 0.08% |
First Tr Exch Traded Fd Iii |
Opened
23,278
|
$404,099,000 | 0.08% |
Ishares Tr |
Closed
16,378
|
$1,162,059,000 | |
Spdr Ser Tr |
3.03%
5,713
|
$634,805,000 | 0.12% |
Dow Inc |
2.75%
7,373
|
$391,125,000 | 0.07% |
Innovator ETFs Trust |
Opened
9,264
|
$384,363,000 | 0.07% |
Global X Fds |
4.11%
10,355
|
$383,342,000 | 0.07% |
T-Mobile US, Inc. |
Opened
2,162
|
$380,827,000 | 0.07% |
Progressive Corp. |
Opened
1,817
|
$377,357,000 | 0.07% |
Altria Group Inc. |
Opened
8,259
|
$376,184,000 | 0.07% |
Otter Tail Corporation |
No change
4,246
|
$371,907,000 | 0.07% |
Transdigm Group Incorporated |
Opened
291
|
$371,785,000 | 0.07% |
Qualcomm, Inc. |
26.06%
1,858
|
$370,133,000 | 0.07% |
Fair Isaac Corp. |
Opened
248
|
$369,642,000 | 0.07% |
Vanguard Whitehall Fds |
Closed
3,024
|
$365,934,000 | |
International Business Machs |
20.02%
2,110
|
$364,924,000 | 0.07% |
Us Bancorp Del |
Opened
9,188
|
$364,761,000 | 0.07% |
Masco Corp. |
Opened
5,397
|
$359,837,000 | 0.07% |
Celsius Holdings Inc |
Opened
6,287
|
$358,925,000 | 0.07% |
Disney Walt Co |
57.41%
3,572
|
$354,672,000 | 0.07% |
Cohen & Steers Reit & Pfd & |
Opened
17,250
|
$351,383,000 | 0.07% |
Truist Finl Corp |
7.29%
8,904
|
$345,905,000 | 0.07% |
Polaris Inc |
Closed
3,442
|
$344,647,000 | |
Grayscale Bitcoin Tr Btc |
Opened
6,353
|
$338,234,000 | 0.06% |
Parker-Hannifin Corp. |
Opened
659
|
$333,443,000 | 0.06% |
Spdr Ser Tr |
Closed
2,956
|
$329,865,000 | |
Paccar Inc. |
Opened
3,154
|
$324,669,000 | 0.06% |
DuPont de Nemours Inc |
1.92%
4,033
|
$324,581,000 | 0.06% |
United Rentals, Inc. |
Opened
501
|
$324,076,000 | 0.06% |
Cintas Corporation |
Opened
461
|
$322,730,000 | 0.06% |
Global X Fds |
Opened
10,232
|
$319,129,000 | 0.06% |
Fidelity Covington Trust |
Closed
5,304
|
$315,082,000 | |
NEOS ETF Trust |
4.46%
6,273
|
$312,139,000 | 0.06% |
Nike, Inc. |
32.14%
4,130
|
$311,285,000 | 0.06% |
Janus Detroit Str Tr |
0.04%
4,679
|
$311,231,000 | 0.06% |
Yiren Digital Ltd |
Opened
68,444
|
$310,051,000 | 0.06% |
Blackstone Inc |
42.97%
2,475
|
$306,446,000 | 0.06% |
Vanguard Charlotte Fds |
Opened
6,143
|
$298,986,000 | 0.06% |
Lockheed Martin Corp. |
29.82%
640
|
$298,760,000 | 0.06% |
Starbucks Corp. |
6.34%
3,805
|
$296,232,000 | 0.06% |
Healthpeak Properties Inc. |
No change
15,088
|
$295,725,000 | 0.06% |
Oklo Inc |
Opened
34,224
|
$289,877,000 | 0.06% |
Colgate-Palmolive Co. |
10.14%
2,966
|
$287,816,000 | 0.05% |
Phillips 66 |
33.05%
2,017
|
$284,737,000 | 0.05% |
Vanguard Admiral Fds Inc |
Closed
1,576
|
$284,473,000 | |
Vanguard World Fd |
Closed
1,156
|
$282,240,000 | |
Target Corp |
8.02%
1,892
|
$280,092,000 | 0.05% |
Pepsico Inc |
8.73%
1,694
|
$279,401,000 | 0.05% |
AMGEN Inc. |
1.77%
890
|
$278,121,000 | 0.05% |
Spdr Index Shs Fds |
0.64%
7,318
|
$275,669,000 | 0.05% |
Shopify Inc |
5.29%
4,120
|
$272,097,000 | 0.05% |
First Tr Exchange Traded Fd |
Closed
14,114
|
$264,357,000 | |
Proshares Tr |
13.06%
3,547
|
$261,819,000 | 0.05% |
Select Sector Spdr Tr |
Opened
1,726
|
$251,578,000 | 0.05% |
Goldman Sachs Group, Inc. |
5.98%
550
|
$248,715,000 | 0.05% |
Invesco Exch Traded Fd Tr Ii |
Opened
2,662
|
$246,547,000 | 0.05% |
Cigna Group (The) |
2.40%
733
|
$242,308,000 | 0.05% |
D.R. Horton Inc. |
Opened
1,713
|
$241,460,000 | 0.05% |
Honeywell International Inc |
Closed
1,176
|
$241,273,000 | |
Espey Mfg & Electrs Corp |
Closed
9,264
|
$233,907,000 | |
Pacer Fds Tr |
0.71%
4,913
|
$233,606,000 | 0.04% |
Fedex Corp |
10.83%
778
|
$233,395,000 | 0.04% |
First Tr Exchange-traded Fd |
Closed
6,573
|
$227,949,000 | |
Ares Capital Corp |
Opened
10,864
|
$226,410,000 | 0.04% |
Proshares Tr |
Closed
2,165
|
$219,512,000 | |
Northrop Grumman Corp. |
8.65%
490
|
$213,606,000 | 0.04% |
Spdr Ser Tr |
Opened
6,888
|
$212,504,000 | 0.04% |
Vanguard Index Fds |
Opened
1,321
|
$211,902,000 | 0.04% |
J P Morgan Exchange Traded F |
Opened
3,818
|
$211,899,000 | 0.04% |
Automatic Data Processing In |
Closed
841
|
$210,074,000 | |
Ge Vernova Inc |
Opened
1,222
|
$209,585,000 | 0.04% |
General Mls Inc |
4.99%
3,305
|
$209,103,000 | 0.04% |
Vanguard Scottsdale Fds |
Opened
2,677
|
$206,892,000 | 0.04% |
Blackrock Inc. |
Closed
247
|
$205,838,000 | |
Doubleline Income Solutions |
Opened
16,355
|
$204,767,000 | 0.04% |
Phillips Edison & Co Inc |
No change
6,238
|
$204,045,000 | 0.04% |
Steel Dynamics Inc. |
0.32%
1,573
|
$203,726,000 | 0.04% |
Hershey Company |
Opened
1,108
|
$203,684,000 | 0.04% |
Calamos Etf Tr |
Opened
8,469
|
$203,294,000 | 0.04% |
Occidental Pete Corp |
Closed
3,124
|
$203,029,000 | |
Intel Corp. |
3.97%
6,503
|
$201,401,000 | 0.04% |
World Gold Tr |
Opened
4,341
|
$200,059,000 | 0.04% |
New York Cmnty Bancorp Inc |
0.33%
32,670
|
$105,199,000 | 0.02% |
Compugen Ltd |
Opened
41,345
|
$69,460,000 | 0.01% |
Cerus Corp. |
Opened
15,600
|
$27,456,000 | 0.01% |
Lumen Technologies, Inc. |
Opened
17,135
|
$18,849,000 | 0.00% |
Dragonfly Energy Holdings Co |
Opened
12,992
|
$10,990,000 | 0.00% |
No transactions found | |||
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