Nova R Wealth is an investment fund managing more than $194 billion ran by Eric Rodgers. There are currently 67 companies in Mr. Rodgers’s portfolio. The largest investments include Ishares Tr and Vanguard Scottsdale Fds, together worth $70 billion.
As of 11th July 2024, Nova R Wealth’s top holding is 375,130 shares of Ishares Tr currently worth over $45.9 billion and making up 23.6% of the portfolio value.
In addition, the fund holds 358,013 shares of Vanguard Scottsdale Fds worth $24.1 billion.
The third-largest holding is Blackrock Health Sciences Tr worth $13.9 billion and the next is American Centy Etf Tr worth $20.8 billion, with 315,269 shares owned.
Currently, Nova R Wealth's portfolio is worth at least $194 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.
The Nova R Wealth office and employees reside in Overland Park, Kansas. According to the last 13-F report filed with the SEC, Eric Rodgers serves as the Chief Compliance Officer at Nova R Wealth.
In the most recent 13F filing, Nova R Wealth revealed that it had opened a new position in
Costco Whsl Corp New and bought 267 shares worth $227 million.
The investment fund also strengthened its position in Vanguard Scottsdale Fds by buying
13,395 additional shares.
This makes their stake in Vanguard Scottsdale Fds total 358,013 shares worth $24.1 billion.
On the other hand, there are companies that Nova R Wealth is getting rid of from its portfolio.
Nova R Wealth closed its position in Caterpillar on 18th July 2024.
It sold the previously owned 588 shares for $215 million.
Eric Rodgers also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $45.9 billion and 375,130 shares.
The two most similar investment funds to Nova R Wealth are Weitzel Services and Rockingstone Advisors. They manage $194 billion and $194 billion respectively.
Nova R Wealth’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Health Care — making up 7.5% of
the total portfolio value.
The fund focuses on investments in the United States as
41.8% 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
42% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $338 billion.
These positions were updated on July 18th 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 Tr |
1.29%
375,130
|
$45,863,414,000 | 23.64% |
| Vanguard Scottsdale Fds |
3.89%
358,013
|
$24,112,202,000 | 12.43% |
| Blackrock Health Sciences Tr |
5.04%
339,832
|
$13,882,146,000 | 7.16% |
| American Centy Etf Tr |
3.41%
315,269
|
$20,833,488,000 | 10.74% |
| Intuitive Surgical Inc |
0.71%
22,866
|
$10,172,077,000 | 5.24% |
| J P Morgan Exchange Traded F |
0.11%
144,756
|
$7,758,719,000 | 4.00% |
| Apple Inc |
0.62%
33,509
|
$7,057,721,000 | 3.64% |
| Vanguard Malvern Fds |
5.09%
136,697
|
$6,635,277,000 | 3.42% |
| Berkshire Hathaway Inc. |
1.65%
10,792
|
$4,390,180,000 | 2.26% |
| AMGEN Inc. |
0.03%
12,245
|
$3,825,898,000 | 1.97% |
| Amazon.com Inc. |
0.10%
18,378
|
$3,551,549,000 | 1.83% |
| Ishares Inc |
3.08%
65,641
|
$3,513,760,000 | 1.81% |
| Nxp Semiconductors N V |
0.73%
10,051
|
$2,704,579,000 | 1.39% |
| Schwab Strategic Tr |
51.48%
46,976
|
$3,095,979,000 | 1.60% |
| Microsoft Corporation |
17.67%
5,660
|
$2,529,697,000 | 1.30% |
| Vanguard Tax-managed Fds |
3.38%
47,711
|
$2,357,857,000 | 1.22% |
| Vanguard Wellington Fd |
4.13%
13,671
|
$2,053,382,000 | 1.06% |
| Garmin Ltd |
0.06%
12,355
|
$2,012,839,000 | 1.04% |
| Vanguard Specialized Funds |
0.46%
8,864
|
$1,618,073,000 | 0.83% |
| Stmicroelectronics N V |
0.94%
40,783
|
$1,601,953,000 | 0.83% |
| NVIDIA Corp |
801.32%
12,294
|
$1,518,799,000 | 0.78% |
| Vanguard Intl Equity Index F |
2.63%
32,425
|
$1,418,938,000 | 0.73% |
| NextEra Energy Inc |
3.21%
18,422
|
$1,304,480,000 | 0.67% |
| Texas Instrs Inc |
0.20%
5,884
|
$1,144,529,000 | 0.59% |
| Amphenol Corp. |
100.37%
16,056
|
$1,081,712,000 | 0.56% |
| Walmart Inc |
0.06%
15,580
|
$1,054,937,000 | 0.54% |
| Putnam Mun Opportunities Tr |
No change
99,997
|
$1,025,969,000 | 0.53% |
| Blackrock Muniyield Fd Inc |
No change
93,803
|
$1,017,765,000 | 0.52% |
| First Tr Exchange-traded Fd |
0.06%
7,036
|
$703,476,000 | 0.36% |
| Ansys Inc. |
0.79%
2,124
|
$682,866,000 | 0.35% |
| Mastercard Incorporated |
1.58%
1,539
|
$678,861,000 | 0.35% |
| Sp Global Inc |
No change
1,492
|
$665,304,000 | 0.34% |
| Chevron Corp. |
0.76%
4,243
|
$663,632,000 | 0.34% |
| Aptiv PLC |
0.59%
8,654
|
$609,390,000 | 0.31% |
| Spdr Sp 500 Etf Tr |
No change
1,058
|
$575,785,000 | 0.30% |
| Vanguard Index Fds |
2.95%
3,295
|
$809,579,000 | 0.42% |
| Meta Platforms Inc |
0.21%
964
|
$486,215,000 | 0.25% |
| ADT Inc |
0.86%
59,762
|
$454,193,000 | 0.23% |
| Visa Inc |
0.06%
1,624
|
$426,308,000 | 0.22% |
| Exxon Mobil Corp. |
6.87%
3,604
|
$414,839,000 | 0.21% |
| Oreilly Automotive Inc |
No change
389
|
$410,807,000 | 0.21% |
| Constellation Brands, Inc. |
1.73%
1,587
|
$408,178,000 | 0.21% |
| CDW Corp |
1.34%
1,821
|
$407,665,000 | 0.21% |
| Automatic Data Processing In |
1.61%
1,642
|
$391,972,000 | 0.20% |
| Tjx Cos Inc New |
1.31%
3,559
|
$391,862,000 | 0.20% |
| Schwab Charles Corp |
2.21%
4,900
|
$361,068,000 | 0.19% |
| Canadian Pacific Kansas City |
0.14%
4,251
|
$334,686,000 | 0.17% |
| Abbott Labs |
0.09%
3,203
|
$332,876,000 | 0.17% |
| Dimensional Etf Trust |
0.33%
9,790
|
$313,181,000 | 0.16% |
| IQVIA Holdings Inc |
No change
1,439
|
$304,262,000 | 0.16% |
| Mcdonalds Corp |
No change
1,155
|
$294,255,000 | 0.15% |
| Jpmorgan Chase Co. |
0.42%
1,443
|
$291,820,000 | 0.15% |
| Vanguard Star Fds |
0.81%
4,618
|
$278,449,000 | 0.14% |
| Procter And Gamble Co |
0.19%
1,595
|
$263,126,000 | 0.14% |
| Eaton Corp Plc |
2.70%
836
|
$262,192,000 | 0.14% |
| Blackrock Health Sciences Te |
20.54%
16,189
|
$248,658,000 | 0.13% |
| Home Depot, Inc. |
0.14%
696
|
$239,517,000 | 0.12% |
| Zoetis Inc |
No change
1,370
|
$237,564,000 | 0.12% |
| Coca-Cola Co |
0.38%
3,662
|
$233,078,000 | 0.12% |
| Costco Whsl Corp New |
Opened
267
|
$226,982,000 | 0.12% |
| Merck Co Inc |
0.27%
1,828
|
$226,256,000 | 0.12% |
| Alphabet Inc |
Opened
1,203
|
$219,073,000 | 0.11% |
| Caterpillar Inc. |
Closed
588
|
$215,399,000 | |
| Oneok Inc. |
0.31%
2,588
|
$211,032,000 | 0.11% |
| Dimensional Etf Trust |
Closed
3,828
|
$208,382,000 | |
| Marathon Pete Corp |
No change
1,193
|
$206,972,000 | 0.11% |
| Pepsico Inc |
Closed
1,179
|
$206,284,000 | |
| MPLX LP |
Opened
4,785
|
$203,798,000 | 0.11% |
| The Southern Co. |
Opened
2,610
|
$202,468,000 | 0.10% |
| The Shyft Group, Inc. |
6.52%
14,929
|
$177,057,000 | 0.09% |
| No transactions found | |||
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