Balanced Wealth Group 13F annual report
Balanced Wealth Group is an investment fund managing more than $195 billion ran by Thomas Yates. There are currently 68 companies in Mr. Yates’s portfolio. The largest investments include Spdr Portfolio Sp 500 Value Etf and Invesco Qqq Trust Series I, together worth $64.7 billion.
$195 billion Assets Under Management (AUM)
As of 6th August 2024, Balanced Wealth Group’s top holding is 1,519,183 shares of Spdr Portfolio Sp 500 Value Etf currently worth over $36.5 billion and making up 16.6% of the portfolio value.
In addition, the fund holds 58,539 shares of Invesco Qqq Trust Series I worth $28.2 billion.
The third-largest holding is Spdr Portfolio Sp 500 Growth Etf worth $20.8 billion and the next is Apple Inc worth $13.6 billion, with 62,707 shares owned.
Currently, Balanced Wealth Group's portfolio is worth at least $195 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 Balanced Wealth Group
The Balanced Wealth Group office and employees reside in Westlake, Ohio. According to the last 13-F report filed with the SEC, Thomas Yates serves as the Managing Director at Balanced Wealth Group.
Recent trades
In the most recent 13F filing, Balanced Wealth Group revealed that it had opened a new position in
Invesco Qqq Trust Series I and bought 58,539 shares worth $28.2 billion.
The investment fund also strengthened its position in Vanguard Real Estate Etf by buying
14,180 additional shares.
This makes their stake in Vanguard Real Estate Etf total 273,526 shares worth $12.1 billion.
On the other hand, there are companies that Balanced Wealth Group is getting rid of from its portfolio.
Balanced Wealth Group closed its position in Jpmorgan Chase Co on 13th August 2024.
It sold the previously owned 1,476 shares for $291 million.
Thomas Yates also disclosed a decreased stake in Spdr Portfolio Sp 500 Value Etf by approximately 0.1%.
This leaves the value of the investment at $36.5 billion and 1,519,183 shares.
One of the smallest hedge funds
The two most similar investment funds to Balanced Wealth Group are Washington University and Access Financial Services, Inc. They manage $220 billion and $220 billion respectively.
Thomas Yates investment strategy
Balanced Wealth Group’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 6.4% of
the total portfolio value.
The fund focuses on investments in the United States as
10.3% 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
10% of the total holdings value.
On the other hand, small-cap stocks make up only 1.5% of the portfolio.
The average market cap of the portfolio companies is close to $328 billion.
The complete list of Balanced Wealth Group 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 |
|---|---|---|---|
| Spdr Portfolio Sp 500 Value Etf |
1.21%
1,519,183
|
$36,529,888,000 | 16.62% |
| Invesco Qqq Trust Series I |
Opened
58,539
|
$28,211,251,000 | 12.83% |
| Spdr Portfolio Sp 500 Growth Etf |
0.37%
1,272,825
|
$20,790,376,000 | 9.46% |
| Apple Inc |
2.72%
62,707
|
$13,591,766,000 | 6.18% |
| Vanguard Real Estate Etf |
5.47%
273,526
|
$12,078,744,000 | 5.49% |
| Spdr Sp 400 Mid Cap Value Etf |
5.75%
247,887
|
$9,244,730,000 | 4.21% |
| Spdr Sp 400 Mid Cap Growth Etf |
6.06%
227,099
|
$8,886,588,000 | 4.04% |
| Spdr Sp 600 Small Cap Value Etf |
3.92%
312,396
|
$7,943,323,000 | 3.61% |
| Spdr Sp 600 Small Cap Growth Etf |
3.24%
301,155
|
$7,753,071,000 | 3.53% |
| Vanguard Ftse All-world Ex-us Index Fund |
6.62%
130,380
|
$7,657,242,000 | 3.48% |
| Eaton Vance Tax-managed Buy- W Com |
2.30%
500,530
|
$6,482,590,000 | 2.95% |
| Ishares Preferred Income Securities Etf |
6.84%
200,499
|
$5,433,866,000 | 2.47% |
| First Trust Value Line Dividend Index Fund |
1.49%
117,573
|
$4,768,779,000 | 2.17% |
| Vanguard Small-cap Etf |
1.84%
20,408
|
$4,414,543,000 | 2.01% |
| Ishares Core Sp Mid-cap Etf |
28.12%
67,524
|
$3,914,350,000 | 1.78% |
| Schwab U.s. Mid-cap Etf |
0.28%
45,176
|
$3,482,589,000 | 1.58% |
| Ishares Core Sp Small Cap Etf |
31.29%
31,466
|
$3,330,073,000 | 1.51% |
| Vanguard Sp 500 Value Etf |
1.92%
15,854
|
$2,774,483,000 | 1.26% |
| Spdr Gold Shares |
15.20%
9,119
|
$1,965,783,000 | 0.89% |
| Ishares Msci Emerging Markets Etf |
18.33%
45,558
|
$1,944,873,000 | 0.88% |
| Invesco Large Cap Growth Etf |
0.27%
17,752
|
$1,677,549,000 | 0.76% |
| Vanguard Sp 500 Growth Etf |
3.99%
4,718
|
$1,585,599,000 | 0.72% |
| Ishares Core Sp 500 Etf |
3.03%
2,652
|
$1,454,206,000 | 0.66% |
| Vanguard Total Stock Market Etf |
35.20%
5,188
|
$1,390,776,000 | 0.63% |
| Vanguard Dividend Appreciation Etf |
8.87%
6,351
|
$1,156,860,000 | 0.53% |
| Invesco Preferred Etf |
13.46%
88,551
|
$1,020,105,000 | 0.46% |
| Firstenergy Corp Com |
1.01%
26,500
|
$1,015,213,000 | 0.46% |
| Microsoft Corp Com |
10.71%
2,134
|
$974,487,000 | 0.44% |
| Invesco Sp 500 Quality Etf |
0.06%
13,635
|
$865,838,000 | 0.39% |
| Marriott Intl Inc New Cl A |
No change
3,559
|
$852,485,000 | 0.39% |
| Alphabet Inc Cap Stk Cl A |
0.10%
4,187
|
$766,195,000 | 0.35% |
| Alliancebernstein Natl Mun Inm Com |
22.39%
68,858
|
$761,566,000 | 0.35% |
| Spdr Portfolio Developed World Ex-us Etf |
1.77%
19,600
|
$688,155,000 | 0.31% |
| Progressive Corp Com |
1.68%
3,162
|
$662,410,000 | 0.30% |
| Fidelity Msci Real Estate Index Etf |
3.86%
24,897
|
$624,159,000 | 0.28% |
| Sherwin Williams Co Com |
1.23%
2,094
|
$619,372,000 | 0.28% |
| Ishares Core U.s. Aggregate Bond Etf |
63.43%
6,284
|
$604,800,000 | 0.28% |
| Ishares U.s. Real Estate Etf |
17.08%
6,957
|
$604,739,000 | 0.28% |
| Ishares Msci Eafe Etf |
1.79%
7,660
|
$601,053,000 | 0.27% |
| Amazon.com Inc. |
10.63%
2,958
|
$583,318,000 | 0.27% |
| Vanguard Mid-cap Etf |
23.90%
2,369
|
$569,201,000 | 0.26% |
| Invesco Sp 500 Equal Weight Etf |
14.61%
3,453
|
$562,705,000 | 0.26% |
| Alphabet Inc Cap Stk Cl C |
1.87%
2,986
|
$550,898,000 | 0.25% |
| Invesco Sp 100 Equal Weight Etf |
0.50%
5,830
|
$549,161,000 | 0.25% |
| Abbvie Inc |
0.95%
3,191
|
$543,634,000 | 0.25% |
| Invesco Dorsey Wright Technology Momentum Etf |
No change
8,087
|
$503,254,000 | 0.23% |
| Invesco Sp Emerging Markets Low Volatility Etf |
1.27%
21,323
|
$502,164,000 | 0.23% |
| Chevron Corp New Com |
1.05%
3,170
|
$496,131,000 | 0.23% |
| Eli Lilly Co Com |
24.72%
536
|
$489,869,000 | 0.22% |
| Spdr Sp 500 Etf Trust |
No change
851
|
$463,927,000 | 0.21% |
| Vanguard High Dividend Yield Index Etf |
6.81%
3,734
|
$441,853,000 | 0.20% |
| Abbott Labs Com |
6.72%
3,607
|
$372,233,000 | 0.17% |
| Dte Energy Co Com |
No change
3,081
|
$336,166,000 | 0.15% |
| iShares Select Dividend ETF |
0.80%
2,781
|
$334,556,000 | 0.15% |
| Vanguard Information Technology Etf |
11.87%
557
|
$324,425,000 | 0.15% |
| Jpmorgan Chase Co |
Closed
1,476
|
$291,445,000 | |
| Invesco Sp 500 Pure Growth Etf |
0.03%
7,735
|
$287,359,000 | 0.13% |
| Salesforce Inc |
No change
1,057
|
$270,895,000 | 0.12% |
| Valero Energy Corp Com |
0.67%
1,644
|
$259,762,000 | 0.12% |
| Consumer Staples Select Sector Spdr Fund |
0.75%
3,343
|
$254,167,000 | 0.12% |
| Huntington Bancshares, Inc. |
30.90%
18,406
|
$242,219,000 | 0.11% |
| Mfs Mun Income Tr Sh Ben Int |
32.75%
45,267
|
$241,274,000 | 0.11% |
| Vanguard Total Bond Market Etf |
56.80%
3,245
|
$231,875,000 | 0.11% |
| Draftkings Inc New Com Cl A |
No change
6,207
|
$231,521,000 | 0.11% |
| Ishares Tr |
Closed
4,107
|
$227,072,000 | |
| Dnp Select Income Fd Inc Com |
4.78%
27,632
|
$226,859,000 | 0.10% |
| L3Harris Technologies Inc |
No change
971
|
$215,484,000 | 0.10% |
| Schwab International Equity Etf |
0.94%
5,565
|
$213,914,000 | 0.10% |
| Exxon Mobil Corp. |
Closed
1,805
|
$213,727,000 | |
| NVIDIA Corp |
Closed
237
|
$210,337,000 | |
| Coherent Corp Com |
Opened
2,872
|
$208,909,000 | 0.10% |
| Netflix Inc. |
Opened
307
|
$206,798,000 | 0.09% |
| No transactions found | |||
| Showing first 500 out of 72 holdings | |||
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