Great Waters Wealth Management 13F annual report
Great Waters Wealth Management is an investment fund managing more than $564 billion ran by Justin Halverson. There are currently 70 companies in Mr. Halverson’s portfolio. The largest investments include Dimensional Etf Trust and Vanguard Bd Index Fds, together worth $433 billion.
$564 billion Assets Under Management (AUM)
As of 12th January 2024, Great Waters Wealth Management’s top holding is 10,632,135 shares of Dimensional Etf Trust currently worth over $372 billion and making up 66.0% of the portfolio value.
In addition, the fund holds 833,842 shares of Vanguard Bd Index Fds worth $61.1 billion.
The third-largest holding is Ishares Tr worth $48 billion and the next is Unitedhealth Inc worth $10.1 billion, with 18,676 shares owned.
Currently, Great Waters Wealth Management's portfolio is worth at least $564 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 Great Waters Wealth Management
The Great Waters Wealth Management office and employees reside in Shoreview, Minnesota. According to the last 13-F report filed with the SEC, Justin Halverson serves as the Chief Compliance Officer at Great Waters Wealth Management.
Recent trades
In the most recent 13F filing, Great Waters Wealth Management revealed that it had opened a new position in
Target Corp and bought 2,001 shares worth $277 million.
This means they effectively own approximately 0.1% of the company.
Target Corp makes up
18.8%
of the fund's Consumer Staples sector allocation and has decreased its share price by 13.6% in the past year.
The investment fund also strengthened its position in Dimensional Etf Trust by buying
717,434 additional shares.
This makes their stake in Dimensional Etf Trust total 10,632,135 shares worth $372 billion.
On the other hand, there are companies that Great Waters Wealth Management is getting rid of from its portfolio.
Great Waters Wealth Management closed its position in Thomson-Reuters Corp on 19th January 2024.
It sold the previously owned 1,840 shares for $230 million.
Justin Halverson also disclosed a decreased stake in Vanguard Bd Index Fds by approximately 0.1%.
This leaves the value of the investment at $61.1 billion and 833,842 shares.
One of the average hedge funds
The two most similar investment funds to Great Waters Wealth Management are Wealth Architects and Sym Financial Corp. They manage $564 billion and $563 billion respectively.
Justin Halverson investment strategy
Great Waters Wealth Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Health Care — making up 2.3% of
the total portfolio value.
The fund focuses on investments in the United States as
52.9% 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
46% 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 $247 billion.
The complete list of Great Waters Wealth Management trades based on 13F SEC filings
These positions were updated on January 19th 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 |
|---|---|---|---|
| Dimensional Etf Trust |
7.24%
10,632,135
|
$372,048,987,000 | 65.99% |
| Vanguard Bd Index Fds |
7.07%
833,842
|
$61,120,610,000 | 10.84% |
| Ishares Tr |
5.44%
269,807
|
$48,009,677,000 | 8.52% |
| Unitedhealth Group Inc |
1.34%
18,676
|
$10,122,928,000 | 1.80% |
| Apple Inc |
0.05%
36,112
|
$6,653,712,000 | 1.18% |
| Vanguard Mun Bd Fds |
5.16%
90,780
|
$4,626,127,000 | 0.82% |
| 3M Co. |
2.70%
29,742
|
$3,205,938,000 | 0.57% |
| Honeywell International Inc |
4.09%
14,274
|
$2,919,366,000 | 0.52% |
| NVIDIA Corp |
0.29%
5,142
|
$2,445,932,000 | 0.43% |
| Schwab Strategic Tr |
9.68%
225,827
|
$12,142,755,000 | 2.15% |
| Spdr Index Shs Fds |
12.19%
45,395
|
$2,693,543,000 | 0.48% |
| Donaldson Co. Inc. |
No change
33,195
|
$2,110,870,000 | 0.37% |
| Pimco Etf Tr |
15.74%
20,855
|
$2,012,115,000 | 0.36% |
| Vanguard Scottsdale Fds |
1.08%
36,150
|
$2,189,648,000 | 0.39% |
| Ssga Active Etf Tr |
13.63%
44,162
|
$1,848,181,000 | 0.33% |
| Microsoft Corporation |
0.25%
4,481
|
$1,660,658,000 | 0.29% |
| Invesco Exch Traded Fd Tr Ii |
14.34%
109,466
|
$3,156,517,000 | 0.56% |
| Xcel Energy Inc. |
0.21%
23,227
|
$1,476,754,000 | 0.26% |
| Amazon.com Inc. |
1.57%
7,757
|
$1,151,694,000 | 0.20% |
| Hawkins Inc |
0.26%
15,502
|
$1,050,237,000 | 0.19% |
| Vanguard Intl Equity Index F |
24.17%
15,763
|
$995,104,000 | 0.18% |
| Costco Whsl Corp New |
4.73%
1,529
|
$985,533,000 | 0.17% |
| Inventrust Pptys Corp |
1.62%
34,482
|
$865,498,000 | 0.15% |
| Ecolab, Inc. |
4.72%
4,220
|
$827,722,000 | 0.15% |
| General Mls Inc |
12.96%
12,221
|
$815,519,000 | 0.14% |
| Fair Isaac Corp. |
2.55%
726
|
$814,841,000 | 0.14% |
| Pfizer Inc. |
0.08%
26,101
|
$775,974,000 | 0.14% |
| Toro Co. |
14.27%
8,209
|
$744,503,000 | 0.13% |
| Teradyne, Inc. |
No change
6,953
|
$707,468,000 | 0.13% |
| Medtronic Plc |
3.94%
8,310
|
$691,385,000 | 0.12% |
| Tesla Inc |
5.72%
2,866
|
$683,415,000 | 0.12% |
| Vanguard Index Fds |
3.63%
2,731
|
$637,269,000 | 0.11% |
| Colgate-Palmolive Co. |
No change
7,552
|
$603,329,000 | 0.11% |
| Boston Scientific Corp. |
5.19%
10,418
|
$600,077,000 | 0.11% |
| Berkshire Hathaway Inc. |
2.09%
1,468
|
$538,297,000 | 0.10% |
| Eli Lilly Co |
No change
843
|
$520,678,000 | 0.09% |
| Us Bancorp Del |
1.25%
11,624
|
$496,923,000 | 0.09% |
| Canadian Natl Ry Co |
No change
3,894
|
$486,984,000 | 0.09% |
| Wisdomtree Tr |
15.26%
19,992
|
$479,211,000 | 0.09% |
| Mckesson Corporation |
No change
994
|
$477,458,000 | 0.08% |
| Abbott Labs |
0.08%
3,580
|
$392,131,000 | 0.07% |
| Spdr Sp 500 Etf Tr |
0.86%
821
|
$384,732,000 | 0.07% |
| Alphabet Inc |
No change
2,597
|
$360,775,000 | 0.06% |
| Home Depot, Inc. |
4.08%
965
|
$326,299,000 | 0.06% |
| Ameriprise Finl Inc |
0.12%
819
|
$311,541,000 | 0.06% |
| Omega Healthcare Invs Inc |
No change
10,000
|
$305,200,000 | 0.05% |
| Danaher Corp. |
No change
1,309
|
$302,130,000 | 0.05% |
| Micron Technology Inc. |
No change
3,602
|
$296,301,000 | 0.05% |
| Target Corp |
Opened
2,001
|
$277,482,000 | 0.05% |
| Johnson Johnson |
0.67%
1,630
|
$262,441,000 | 0.05% |
| Travelers Companies Inc. |
0.22%
1,343
|
$257,009,000 | 0.05% |
| AMGEN Inc. |
No change
802
|
$241,153,000 | 0.04% |
| Adobe Inc |
No change
410
|
$234,434,000 | 0.04% |
| Delta Air Lines, Inc. |
4.13%
6,006
|
$232,660,000 | 0.04% |
| Pioneer Nat Res Co |
No change
1,000
|
$232,370,000 | 0.04% |
| Otter Tail Corporation |
0.11%
2,726
|
$231,674,000 | 0.04% |
| Thomson-Reuters Corp |
Closed
1,840
|
$230,110,000 | |
| Meta Platforms Inc |
Opened
658
|
$226,563,000 | 0.04% |
| Altria Group Inc. |
0.02%
5,437
|
$225,073,000 | 0.04% |
| Ishares Inc |
3.85%
4,501
|
$223,743,000 | 0.04% |
| Bank America Corp |
Opened
6,667
|
$223,545,000 | 0.04% |
| Comerica, Inc. |
Opened
4,051
|
$221,509,000 | 0.04% |
| Rockwell Automation Inc |
No change
721
|
$219,083,000 | 0.04% |
| Schwab Strategic Tr |
Opened
3,859
|
$214,470,000 | 0.04% |
| Hartford Finl Svcs Group Inc |
Opened
2,588
|
$210,621,000 | 0.04% |
| Etfis Ser Tr I |
No change
10,000
|
$206,400,000 | 0.04% |
| Hormel Foods Corp. |
No change
6,152
|
$200,555,000 | 0.04% |
| Pearson plc |
No change
14,506
|
$177,989,000 | 0.03% |
| Vector Group Ltd |
No change
15,000
|
$169,950,000 | 0.03% |
| Archrock Inc |
Closed
10,000
|
$123,800,000 | |
| SFL Corporation Ltd |
No change
10,000
|
$115,900,000 | 0.02% |
| Global Net Lease Inc |
No change
10,000
|
$97,000,000 | 0.02% |
| Polymet Mng Corp |
Closed
25,145
|
$52,805,000 | |
| No transactions found | |||
| Showing first 500 out of 73 holdings | |||
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