Members Advisory 13F annual report

Members Advisory is an investment fund managing more than $170 billion ran by Cheryl Fluker. There are currently 14 companies in Mrs. Fluker’s portfolio. The largest investments include Schwab Strategic Tr and Ishares Tr, together worth $151 billion.

$170 billion Assets Under Management (AUM)

As of 19th April 2024, Members Advisory’s top holding is 1,428,310 shares of Schwab Strategic Tr currently worth over $93.1 billion and making up 54.9% of the portfolio value. In addition, the fund holds 592,793 shares of Ishares Tr worth $57.8 billion. The third-largest holding is J P Morgan Exchange Traded F worth $8.09 billion and the next is Victory Portfolios II worth $3.09 billion, with 49,770 shares owned.

Currently, Members Advisory's portfolio is worth at least $170 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 Members Advisory

The Members Advisory office and employees reside in Williamsville, New York. According to the last 13-F report filed with the SEC, Cheryl Fluker serves as the Client Relationship Manager at Members Advisory.

Recent trades

In the most recent 13F filing, Members Advisory revealed that it had opened a new position in Pfizer and bought 21,051 shares worth $584 million. This means they effectively own approximately 0.1% of the company. Pfizer makes up 100.0% of the fund's Health Care sector allocation and has decreased its share price by 32.0% in the past year.

The investment fund also strengthened its position in Ishares Tr by buying 11,177 additional shares. This makes their stake in Ishares Tr total 592,793 shares worth $57.8 billion.

On the other hand, there are companies that Members Advisory is getting rid of from its portfolio. Members Advisory closed its position in Exxon Mobil on 26th April 2024. It sold the previously owned 4,710 shares for $471 million. Cheryl Fluker also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%. This leaves the value of the investment at $93.1 billion and 1,428,310 shares.

One of the smallest hedge funds

The two most similar investment funds to Members Advisory are Hutner Capital Management Inc and Firethorn Wealth Partners. They manage $170 billion and $170 billion respectively.

Cheryl Fluker investment strategy

Members Advisory’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Finance — making up 0.6% of the total portfolio value. The fund focuses on investments in the United States as 35.7% 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 29% of the total holdings value. On the other hand, small-cap stocks make up only 7.1% of the portfolio. The average market cap of the portfolio companies is close to $404 billion.

The complete list of Members Advisory trades based on 13F SEC filings

These positions were updated on April 26th 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
Schwab Strategic Tr	2.49% 1,428,310	$93,083,428,000	54.86%
Ishares Tr	1.92% 592,793	$57,775,300,000	34.05%
J P Morgan Exchange Traded F	1.65% 139,823	$8,090,133,000	4.77%
Victory Portfolios II	15.77% 49,770	$3,094,184,000	1.82%
Vanguard Index Fds	0.25% 7,950	$3,382,120,000	1.99%
Evans Bancorp Inc	No change 36,838	$1,099,983,000	0.65%
Pfizer Inc.	Opened 21,051	$584,189,000	0.34%
Exxon Mobil Corp.	Closed 4,710	$470,906,000
J P Morgan Exchange Traded F	Opened 8,594	$466,139,000	0.27%
Vanguard Malvern Fds	Closed 9,704	$460,874,000
Ishares Tr	Opened 7,348	$915,787,000	0.54%
Boeing Co.	5.78% 1,467	$283,186,000	0.17%
Vanguard World Fd	1.18% 1,255	$256,251,000	0.15%
Apple Inc	Opened 1,285	$220,226,000	0.13%
Amazon.com Inc.	Opened 1,184	$213,570,000	0.13%
Marsh Mclennan Cos Inc	Opened 1,000	$205,980,000	0.12%
No transactions found
Showing first 500 out of 16 holdings