Brown Wealth Management 13F annual report
Brown Wealth Management is an investment fund managing more than $248 billion ran by Melissa Imbrogno. There are currently 44 companies in Mrs. Imbrogno’s portfolio. The largest investments include Vanguard Index Fds and Vanguard Tax-managed Fds, together worth $71.4 billion.
$248 billion Assets Under Management (AUM)
As of 6th August 2024, Brown Wealth Management’s top holding is 238,107 shares of Vanguard Index Fds currently worth over $52.5 billion and making up 21.2% of the portfolio value.
In addition, the fund holds 382,425 shares of Vanguard Tax-managed Fds worth $18.9 billion.
The third-largest holding is Vanguard Bd Index Fds worth $18 billion and the next is Ishares Tr worth $17.6 billion, with 94,091 shares owned.
Currently, Brown Wealth Management's portfolio is worth at least $248 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 Brown Wealth Management
The Brown Wealth Management office and employees reside in Naperville, Illinois. According to the last 13-F report filed with the SEC, Melissa Imbrogno serves as the Partner & COO at Brown Wealth Management.
Recent trades
In the most recent 13F filing, Brown Wealth Management revealed that it had opened a new position in
Vanguard Bd Index Fds and bought 240,414 shares worth $18 billion.
The investment fund also strengthened its position in Vanguard Index Fds by buying
135,028 additional shares.
This makes their stake in Vanguard Index Fds total 238,107 shares worth $52.5 billion.
On the other hand, there are companies that Brown Wealth Management is getting rid of from its portfolio.
Brown Wealth Management closed its position in Vanguard Bd Index Fds on 13th August 2024.
It sold the previously owned 227,334 shares for $16.7 billion.
Melissa Imbrogno also disclosed a decreased stake in Vanguard Tax-managed Fds by 0.3%.
This leaves the value of the investment at $18.9 billion and 382,425 shares.
One of the smallest hedge funds
The two most similar investment funds to Brown Wealth Management are Riposte Capital and Leading Edge Planning. They manage $248 billion and $248 billion respectively.
Melissa Imbrogno investment strategy
Brown Wealth Management’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Miscellaneous — making up 7.9% of
the total portfolio value.
The fund focuses on investments in the United States as
22.7% 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
16% of the total holdings value.
On the other hand, small-cap stocks make up 13.6% of the portfolio.
The average market cap of the portfolio companies is close to $391 billion.
The complete list of Brown Wealth Management trades based on 13F SEC filings
These positions were updated on August 13th 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 |
130.99%
238,107
|
$52,515,497,000 | 21.17% |
| Vanguard Tax-managed Fds |
31.92%
382,425
|
$18,899,420,000 | 7.62% |
| Vanguard Bd Index Fds |
Opened
240,414
|
$18,004,583,000 | 7.26% |
| Vanguard Bd Index Fds |
Closed
227,334
|
$16,720,424,000 | |
| Ishares Tr |
Opened
94,091
|
$17,572,039,000 | 7.08% |
| Ishares Tr |
16.14%
662,327
|
$53,761,856,000 | 21.67% |
| Schwab Strategic Tr |
45.29%
375,834
|
$20,399,059,000 | 8.22% |
| Schwab Strategic Tr |
Opened
437,493
|
$14,756,361,000 | 5.95% |
| Ishares Tr |
Closed
52,798
|
$7,768,669,000 | |
| Invesco Exchange Traded Fd T |
Closed
44,118
|
$6,961,864,000 | |
| Vanguard Whitehall Fds |
26.46%
69,809
|
$4,391,657,000 | 1.77% |
| Proshares Tr |
Opened
57,150
|
$4,263,201,000 | 1.72% |
| Innovator ETFs Trust |
Opened
136,607
|
$4,723,881,000 | 1.90% |
| Proshares Tr |
Closed
40,286
|
$3,835,241,000 | |
| Vanguard Mun Bd Fds |
7.05%
67,608
|
$3,387,833,000 | 1.37% |
| Innovator ETFs Trust |
36.07%
282,395
|
$10,553,140,000 | 4.25% |
| VanEck ETF Trust |
16.23%
107,279
|
$4,041,192,000 | 1.63% |
| Invesco Exch Traded Fd Tr Ii |
38.66%
138,966
|
$3,722,280,000 | 1.50% |
| Spdr Ser Tr |
Closed
29,913
|
$2,075,934,000 | |
| NVIDIA Corp |
2,964.14%
14,953
|
$1,847,251,000 | 0.74% |
| Apple Inc |
0.76%
7,457
|
$1,570,596,000 | 0.63% |
| Eli Lilly & Co |
0.44%
1,616
|
$1,463,094,000 | 0.59% |
| Vanguard Malvern Fds |
64.73%
29,532
|
$1,433,498,000 | 0.58% |
| Microsoft Corporation |
63.23%
2,752
|
$1,230,006,000 | 0.50% |
| Spdr Ser Tr |
24.55%
58,650
|
$2,170,400,000 | 0.87% |
| Abbvie Inc |
1.92%
4,403
|
$755,203,000 | 0.30% |
| Amazon.com Inc. |
0.18%
3,336
|
$644,682,000 | 0.26% |
| Alphabet Inc |
2.45%
3,468
|
$631,695,000 | 0.25% |
| Vanguard Intl Equity Index F |
29.13%
12,892
|
$564,165,000 | 0.23% |
| JPMorgan Chase & Co. |
0.49%
2,642
|
$534,371,000 | 0.22% |
| Abbott Labs |
0.25%
4,787
|
$497,417,000 | 0.20% |
| Innovator Etfs Tr |
Closed
12,767
|
$439,695,000 | |
| Snap Inc |
Closed
25,025
|
$423,673,000 | |
| Procter And Gamble Co |
13.50%
2,531
|
$417,413,000 | 0.17% |
| Ardelyx Inc |
Closed
60,000
|
$372,000,000 | |
| Spdr S&p 500 Etf Tr |
2.71%
646
|
$351,566,000 | 0.14% |
| DTE Energy Co. |
0.74%
3,106
|
$344,797,000 | 0.14% |
| Altimmune Inc |
33.33%
50,000
|
$332,500,000 | 0.13% |
| Ishares Inc |
17.13%
7,714
|
$541,785,000 | 0.22% |
| Vanguard Wellington Fd |
8.70%
2,725
|
$272,718,000 | 0.11% |
| Spdr Gold Tr |
10.57%
1,203
|
$258,657,000 | 0.10% |
| Tesla Inc |
Closed
970
|
$241,026,000 | |
| CVS Health Corp |
Closed
3,004
|
$237,196,000 | |
| Walgreens Boots Alliance Inc |
10.20%
19,382
|
$234,422,000 | 0.09% |
| Vanguard Wellington Fd |
Closed
2,150
|
$224,972,000 | |
| First Tr Exchng Traded Fd Vi |
No change
5,100
|
$223,175,000 | 0.09% |
| Vanguard Index Fds |
Opened
416
|
$208,054,000 | 0.08% |
| Costco Whsl Corp New |
Opened
239
|
$203,148,000 | 0.08% |
| Fulcrum Therapeutics Inc |
Closed
25,000
|
$168,750,000 | |
| Clearside Biomedical Inc |
9.09%
100,000
|
$130,000,000 | 0.05% |
| 2seventy Bio Inc |
50.00%
25,000
|
$96,250,000 | 0.04% |
| Erasca Inc |
Opened
30,000
|
$70,800,000 | 0.03% |
| Cxapp Inc |
Opened
20,000
|
$40,400,000 | 0.02% |
| Ginkgo Bioworks Holdings Inc |
No change
61,000
|
$20,392,000 | 0.01% |
| Tilray Brands Inc |
No change
10,000
|
$16,600,000 | 0.01% |
| Canoo Inc. |
Closed
50,000
|
$12,860,000 | |
| Loop Media Inc |
No change
33,118
|
$3,345,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 57 holdings | |||
Hedge funds similar to Brown Wealth Management
- Kooman & Associates
- Investment Advisory Services Inc tx adv
- Prw Wealth Management
- West Oak Capital
- Two Point Capital Management
- Truadvice
- Paragon Advisors
- Riposte Capital
- Leading Edge Planning
- Three Bridge Wealth Advisors
- Beirne Wealth Consulting Services
- Precedent Wealth Partners
- Longview Wealth Management
- Narus Partners