Canvas Wealth Advisors 13F annual report
Canvas Wealth Advisors is an investment fund managing more than $323 billion ran by Drew Waldron. There are currently 111 companies in Mr. Waldron’s portfolio. The largest investments include Microsoft and Apple Inc, together worth $41.7 billion.
$323 billion Assets Under Management (AUM)
As of 25th July 2024, Canvas Wealth Advisors’s top holding is 51,063 shares of Microsoft currently worth over $21.6 billion and making up 6.7% of the portfolio value.
Relative to the number of outstanding shares of Microsoft, Canvas Wealth Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 91,869 shares of Apple Inc worth $20.1 billion, whose value grew 17.1% in the past six months.
The third-largest holding is Custom Truck One Source Inc worth $17.7 billion and the next is Ishares Tr worth $64.6 billion, with 553,733 shares owned.
Currently, Canvas Wealth Advisors's portfolio is worth at least $323 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 Canvas Wealth Advisors
The Canvas Wealth Advisors office and employees reside in Overland Park, Kansas. According to the last 13-F report filed with the SEC, Drew Waldron serves as the CCO at Canvas Wealth Advisors.
Recent trades
In the most recent 13F filing, Canvas Wealth Advisors revealed that it had opened a new position in
Vanguard Scottsdale Fds and bought 6,623 shares worth $532 million.
The investment fund also strengthened its position in Custom Truck One Source Inc by buying
58,792 additional shares.
This makes their stake in Custom Truck One Source Inc total 3,546,020 shares worth $17.7 billion.
Custom Truck One Source Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Canvas Wealth Advisors is getting rid of from its portfolio.
Canvas Wealth Advisors closed its position in Quest Diagnostics on 1st August 2024.
It sold the previously owned 5,059 shares for $642 million.
Drew Waldron also disclosed a decreased stake in Microsoft by approximately 0.1%.
This leaves the value of the investment at $21.6 billion and 51,063 shares.
One of the smaller hedge funds
The two most similar investment funds to Canvas Wealth Advisors are Summit Rock Advisors, L.P. and Astoria Strategic Wealth. They manage $323 billion and $323 billion respectively.
Drew Waldron investment strategy
Canvas Wealth Advisors’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 23.2% of
the total portfolio value.
The fund focuses on investments in the United States as
49.5% 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
43% of the total holdings value.
On the other hand, small-cap stocks make up only 2.7% of the portfolio.
The average market cap of the portfolio companies is close to $206 billion.
The complete list of Canvas Wealth Advisors trades based on 13F SEC filings
These positions were updated on August 1st 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 |
|---|---|---|---|
| Microsoft Corporation |
1.17%
51,063
|
$21,595,681,000 | 6.68% |
| Apple Inc |
1.31%
91,869
|
$20,100,856,000 | 6.22% |
| Custom Truck One Source Inc |
1.69%
3,546,020
|
$17,659,180,000 | 5.46% |
| Ishares Tr |
4.68%
553,733
|
$64,602,496,000 | 19.97% |
| Alphabet Inc |
6.04%
96,414
|
$16,431,608,000 | 5.08% |
| Goldman Sachs Etf Tr |
1.40%
126,354
|
$12,764,009,000 | 3.95% |
| Amazon.com Inc. |
3.79%
60,718
|
$11,033,138,000 | 3.41% |
| Schwab Strategic Tr |
4.11%
140,277
|
$10,954,478,000 | 3.39% |
| Uber Technologies Inc |
1.95%
152,604
|
$9,627,786,000 | 2.98% |
| American Centy Etf Tr |
9.37%
305,112
|
$22,216,663,000 | 6.87% |
| 3M Co. |
23.59%
68,807
|
$8,721,315,000 | 2.70% |
| Advanced Micro Devices Inc. |
1.17%
56,012
|
$7,754,301,000 | 2.40% |
| NVIDIA Corp |
852.86%
61,393
|
$6,368,265,000 | 1.97% |
| Tesla Inc |
9.16%
27,847
|
$6,199,299,000 | 1.92% |
| Vanguard Index Fds |
1.74%
37,786
|
$12,593,685,000 | 3.89% |
| Berkshire Hathaway Inc. |
1.77%
9,698
|
$6,925,932,000 | 2.14% |
| Palantir Technologies Inc. |
1.01%
158,263
|
$4,173,395,000 | 1.29% |
| Palo Alto Networks Inc |
2.14%
10,910
|
$3,464,034,000 | 1.07% |
| Vanguard Star Fds |
17.07%
43,246
|
$2,632,833,000 | 0.81% |
| Fidelity Merrimack Str Tr |
13.29%
53,614
|
$2,441,559,000 | 0.75% |
| DENTSPLY Sirona Inc |
17.65%
84,027
|
$2,250,248,000 | 0.70% |
| Jpmorgan Chase Co. |
3.20%
10,431
|
$2,244,571,000 | 0.69% |
| J P Morgan Exchange Traded F |
36.49%
57,576
|
$2,990,255,000 | 0.92% |
| Clorox Co. |
212.32%
14,123
|
$1,860,465,000 | 0.58% |
| Crowdstrike Holdings Inc |
313.37%
7,883
|
$1,841,863,000 | 0.57% |
| Qiagen NV |
32.52%
38,805
|
$1,734,972,000 | 0.54% |
| Northern Tr Corp |
6.90%
16,929
|
$1,505,876,000 | 0.47% |
| MercadoLibre Inc |
149.44%
888
|
$1,444,021,000 | 0.45% |
| Meta Platforms Inc |
2.31%
3,007
|
$1,392,704,000 | 0.43% |
| Spdr Ser Tr |
0.46%
45,909
|
$2,268,988,000 | 0.70% |
| Kimberly-Clark Corp. |
46.12%
8,576
|
$1,169,568,000 | 0.36% |
| Walmart Inc |
0.73%
15,255
|
$1,055,493,000 | 0.33% |
| Henry Schein Inc. |
49.54%
13,544
|
$981,127,000 | 0.30% |
| Vanguard Tax-managed Fds |
23.96%
18,127
|
$909,432,000 | 0.28% |
| Solventum Corp |
34.36%
14,925
|
$879,829,000 | 0.27% |
| Costco Whsl Corp New |
18.66%
1,029
|
$833,655,000 | 0.26% |
| Envista Holdings Corp |
60.45%
45,227
|
$764,336,000 | 0.24% |
| Werner Enterprises, Inc. |
22.25%
17,947
|
$725,777,000 | 0.22% |
| Schwab Charles Corp |
58.36%
10,861
|
$704,991,000 | 0.22% |
| Eli Lilly Co |
0.95%
847
|
$669,334,000 | 0.21% |
| Quest Diagnostics, Inc. |
Closed
5,059
|
$642,452,000 | |
| Sea Ltd |
16.47%
9,837
|
$639,798,000 | 0.20% |
| Broadcom Inc. |
950.84%
4,382
|
$628,913,000 | 0.19% |
| Thermo Fisher Scientific Inc. |
16.57%
1,022
|
$628,636,000 | 0.19% |
| Ishares Inc |
23.38%
11,815
|
$624,409,000 | 0.19% |
| California Wtr Svc Group |
19.68%
11,693
|
$623,473,000 | 0.19% |
| Idacorp, Inc. |
8.69%
6,319
|
$622,888,000 | 0.19% |
| Bank America Corp |
22.59%
14,923
|
$616,011,000 | 0.19% |
| Spdr Sp 500 Etf Tr |
0.70%
1,128
|
$611,488,000 | 0.19% |
| Vanguard Bd Index Fds |
1.02%
7,881
|
$610,305,000 | 0.19% |
| Mueller Wtr Prods Inc |
Closed
39,424
|
$604,766,000 | |
| Blackrock Etf Trust Ii |
43.62%
11,392
|
$600,472,000 | 0.19% |
| 2023 Etf Series Trust Ii |
45.76%
19,283
|
$594,487,000 | 0.18% |
| Stryker Corp. |
0.12%
1,732
|
$571,949,000 | 0.18% |
| Unitedhealth Group Inc |
7.73%
934
|
$538,436,000 | 0.17% |
| Vanguard Scottsdale Fds |
Opened
6,623
|
$531,628,000 | 0.16% |
| Shopify Inc |
109.51%
8,896
|
$526,643,000 | 0.16% |
| Mcdonalds Corp |
27.08%
1,816
|
$483,763,000 | 0.15% |
| Taiwan Semiconductor Mfg Ltd |
2.22%
3,089
|
$477,353,000 | 0.15% |
| Spdr Index Shs Fds |
No change
13,392
|
$476,621,000 | 0.15% |
| Visa Inc |
12.45%
1,807
|
$475,436,000 | 0.15% |
| Vanguard World Fd |
No change
3,068
|
$1,035,274,000 | 0.32% |
| Mccormick Co Inc |
75.93%
5,834
|
$448,427,000 | 0.14% |
| Reinsurance Grp Of America I |
47.04%
1,971
|
$444,985,000 | 0.14% |
| Home Depot, Inc. |
0.41%
1,205
|
$438,378,000 | 0.14% |
| Oracle Corp. |
3.52%
3,231
|
$438,293,000 | 0.14% |
| SJW Group |
59.28%
7,115
|
$433,589,000 | 0.13% |
| Johnson Johnson |
2.20%
2,653
|
$428,057,000 | 0.13% |
| Vanguard Index Fds |
Opened
5,329
|
$897,651,000 | 0.28% |
| Diageo plc |
4.34%
3,111
|
$390,124,000 | 0.12% |
| Cisco Sys Inc |
2.41%
7,935
|
$381,991,000 | 0.12% |
| Prosperity Bancshares Inc. |
No change
5,000
|
$365,050,000 | 0.11% |
| Mastercard Incorporated |
0.99%
803
|
$359,307,000 | 0.11% |
| Northrop Grumman Corp. |
26.12%
734
|
$357,322,000 | 0.11% |
| Pnc Finl Svcs Group Inc |
0.90%
1,901
|
$345,944,000 | 0.11% |
| Exxon Mobil Corp. |
18.38%
2,924
|
$345,505,000 | 0.11% |
| Kroger Co. |
No change
5,955
|
$325,739,000 | 0.10% |
| Mid-amer Apt Cmntys Inc |
17.51%
2,221
|
$313,850,000 | 0.10% |
| Schwab Strategic Tr |
Opened
8,641
|
$308,397,000 | 0.10% |
| Illumina Inc |
Opened
2,501
|
$306,373,000 | 0.09% |
| Dimensional Etf Trust |
2.70%
14,618
|
$567,649,000 | 0.18% |
| Healthcare Rlty Tr |
75.20%
16,950
|
$300,524,000 | 0.09% |
| Chevron Corp. |
4.47%
1,871
|
$298,586,000 | 0.09% |
| Merck Co Inc |
16.90%
2,539
|
$292,620,000 | 0.09% |
| Invesco Exchange Traded Fd T |
Closed
8,807
|
$291,248,000 | |
| Verizon Communications Inc |
2.13%
7,089
|
$283,858,000 | 0.09% |
| Fidelity Wise Origin Bitcoin |
8.93%
4,915
|
$283,251,000 | 0.09% |
| Hologic, Inc. |
9.20%
3,430
|
$283,009,000 | 0.09% |
| Boeing Co. |
Closed
1,644
|
$279,821,000 | |
| T-Mobile US Inc |
Opened
1,585
|
$277,946,000 | 0.09% |
| Vanguard Scottsdale Fds |
Closed
3,535
|
$276,932,000 | |
| Netflix Inc. |
3.92%
441
|
$274,558,000 | 0.08% |
| Lululemon Athletica inc. |
Closed
774
|
$266,922,000 | |
| American Wtr Wks Co Inc New |
Closed
2,298
|
$265,189,000 | |
| Oreilly Automotive Inc |
Closed
238
|
$260,562,000 | |
| Rogers Corp. |
Opened
2,078
|
$254,326,000 | 0.08% |
| Mission Produce, Inc. |
28.18%
22,001
|
$247,071,000 | 0.08% |
| Marten Trans Ltd |
Opened
13,043
|
$247,038,000 | 0.08% |
| Salesforce Inc |
Closed
891
|
$246,201,000 | |
| Procter And Gamble Co |
14.03%
1,512
|
$244,515,000 | 0.08% |
| Ssga Active Etf Tr |
Opened
6,000
|
$243,480,000 | 0.08% |
| Proshares Tr |
Closed
3,000
|
$240,330,000 | |
| Globe Life Inc |
30.45%
2,506
|
$236,717,000 | 0.07% |
| Phillips 66 |
Closed
1,484
|
$233,373,000 | |
| Disney Walt Co |
Closed
2,055
|
$232,092,000 | |
| Asml Holding N V |
Opened
269
|
$231,405,000 | 0.07% |
| Marriott Intl Inc New |
1.06%
956
|
$228,264,000 | 0.07% |
| Invesco Exchange Traded Fd T |
4.36%
2,192
|
$226,960,000 | 0.07% |
| Morgan Stanley |
Opened
2,145
|
$222,565,000 | 0.07% |
| Adobe Inc |
27.29%
413
|
$222,487,000 | 0.07% |
| Intuit Inc |
0.29%
348
|
$221,258,000 | 0.07% |
| Abbvie Inc |
Opened
1,176
|
$219,639,000 | 0.07% |
| First Solar Inc |
Opened
1,023
|
$215,740,000 | 0.07% |
| Independent Bk Corp Mass |
Closed
4,333
|
$210,295,000 | |
| Accenture Plc Ireland |
Closed
666
|
$209,484,000 | |
| Pepsico Inc |
6.08%
1,190
|
$206,084,000 | 0.06% |
| Mondelez International Inc. |
Opened
3,053
|
$204,704,000 | 0.06% |
| ServiceNow Inc |
Opened
256
|
$204,493,000 | 0.06% |
| VanEck ETF Trust |
Opened
888
|
$203,779,000 | 0.06% |
| NextEra Energy Inc |
Opened
2,733
|
$203,007,000 | 0.06% |
| Waters Corp. |
Opened
615
|
$201,511,000 | 0.06% |
| Agf Invts Tr |
Closed
10,146
|
$192,875,000 | |
| Ford Mtr Co Del |
3.62%
11,981
|
$129,871,000 | 0.04% |
| NGL Energy Partners LP |
8.04%
20,000
|
$93,600,000 | 0.03% |
| SelectQuote, Inc. |
No change
19,000
|
$77,330,000 | 0.02% |
| Abrdn Asia Pacific Income Fu |
Opened
13,440
|
$37,364,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 126 holdings | |||
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