Newport Wealth Strategies 13F annual report
Newport Wealth Strategies is an investment fund managing more than $165 million ran by Darin Simonian. There are currently 68 companies in Mrs. Simonian’s portfolio. The largest investments include Schwab Strategic Tr and Vanguard Index Fds, together worth $59.8 million.
$165 million Assets Under Management (AUM)
As of 5th November 2021, Newport Wealth Strategies’s top holding is 410,108 shares of Schwab Strategic Tr currently worth over $39.6 million and making up 24.0% of the portfolio value.
In addition, the fund holds 85,497 shares of Vanguard Index Fds worth $20.1 million.
The third-largest holding is Apple Inc worth $8.75 million and the next is Alphabet Inc worth $5.21 million, with 1,948 shares owned.
Currently, Newport Wealth Strategies's portfolio is worth at least $165 million. 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 Newport Wealth Strategies
The Newport Wealth Strategies office and employees reside in Irvine, California. According to the last 13-F report filed with the SEC, Darin Simonian serves as the President and Chief Compliance Office at Newport Wealth Strategies.
Recent trades
In the most recent 13F filing, Newport Wealth Strategies revealed that it had opened a new position in
First Tr Exchng Traded Fd Vi and bought 39,575 shares worth $1.34 million.
The investment fund also strengthened its position in Schwab Strategic Tr by buying
15,033 additional shares.
This makes their stake in Schwab Strategic Tr total 410,108 shares worth $39.6 million.
On the other hand, there are companies that Newport Wealth Strategies is getting rid of from its portfolio.
Newport Wealth Strategies closed its position in Schwab Strategic Tr on 12th November 2021.
It sold the previously owned 8,470 shares for $462 thousand.
Darin Simonian also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $20.1 million and 85,497 shares.
One of the smallest hedge funds
The two most similar investment funds to Newport Wealth Strategies are Arbiter Partners Capital Management and Bernicke Wealth Management. They manage $165 million and $165 million respectively.
Darin Simonian investment strategy
Newport Wealth Strategies’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 9.0% of
the total portfolio value.
The fund focuses on investments in the United States as
36.8% 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
32% of the total holdings value.
On the other hand, small-cap stocks make up only 2.9% of the portfolio.
The average market cap of the portfolio companies is close to $452 billion.
The complete list of Newport Wealth Strategies trades based on 13F SEC filings
These positions were updated on November 12th 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 |
3.81%
410,108
|
$39,617,000 | 23.99% |
| Vanguard Index Fds |
5.21%
85,497
|
$20,139,000 | 12.20% |
| Apple Inc |
2.58%
61,836
|
$8,750,000 | 5.30% |
| Alphabet Inc |
3.52%
1,948
|
$5,208,000 | 3.15% |
| Amazon.com Inc. |
0.21%
1,410
|
$4,632,000 | 2.81% |
| Spdr Gold Tr |
0.50%
28,187
|
$4,629,000 | 2.80% |
| Microsoft Corporation |
2.96%
16,208
|
$4,569,000 | 2.77% |
| Vanguard Specialized Funds |
4.12%
28,350
|
$4,355,000 | 2.64% |
| Flexshares Tr |
7.90%
114,931
|
$6,287,000 | 3.81% |
| Wisdomtree Tr |
0.92%
263,227
|
$6,477,000 | 3.92% |
| Vanguard Scottsdale Fds |
17.00%
46,895
|
$5,905,000 | 3.58% |
| First Tr Exchange-traded Fd |
23.82%
102,100
|
$5,187,000 | 3.14% |
| Berkshire Hathaway Inc. |
1.63%
11,743
|
$4,028,000 | 2.44% |
| Exxon Mobil Corp. |
0.12%
45,427
|
$2,672,000 | 1.62% |
| Vanguard World Fds |
14.36%
33,994
|
$6,473,000 | 3.92% |
| eXp World Holdings Inc |
1.19%
58,992
|
$2,346,000 | 1.42% |
| Invesco Exchange Traded Fd T |
57.54%
12,399
|
$1,858,000 | 1.13% |
| Spdr Ser Tr |
No change
35,023
|
$2,600,000 | 1.57% |
| Vanguard Admiral Fds Inc |
7.50%
6,041
|
$1,611,000 | 0.98% |
| Ishares Tr |
4.75%
59,242
|
$5,622,000 | 3.40% |
| First Tr Exchng Traded Fd Vi |
Opened
39,575
|
$1,343,000 | 0.81% |
| Vertical Cap Income Fd |
11.81%
98,429
|
$1,033,000 | 0.63% |
| Invesco Exch Traded Fd Tr Ii |
No change
13,850
|
$843,000 | 0.51% |
| Lattice Strategies Tr |
53.76%
45,160
|
$1,273,000 | 0.77% |
| J P Morgan Exchange-traded F |
14.90%
16,390
|
$831,000 | 0.50% |
| VanEck ETF Trust |
5.00%
27,910
|
$823,000 | 0.50% |
| First Tr Value Line Divid In |
No change
20,728
|
$813,000 | 0.49% |
| Wells Fargo Co New |
0.30%
17,526
|
$813,000 | 0.49% |
| Spdr Sp 500 Etf Tr |
0.70%
1,862
|
$799,000 | 0.48% |
| Edwards Lifesciences Corp |
No change
6,795
|
$769,000 | 0.47% |
| Facebook Inc |
10.87%
2,162
|
$734,000 | 0.44% |
| Home Depot, Inc. |
5.69%
2,140
|
$702,000 | 0.43% |
| Jpmorgan Chase Co |
1.42%
4,137
|
$677,000 | 0.41% |
| Mosaic Co New |
1.55%
16,333
|
$583,000 | 0.35% |
| Verizon Communications Inc |
8.90%
9,811
|
$530,000 | 0.32% |
| Vanguard Bd Index Fds |
28.30%
6,030
|
$494,000 | 0.30% |
| Tesla Inc |
No change
624
|
$484,000 | 0.29% |
| Schwab Strategic Tr |
Closed
8,470
|
$462,000 | |
| Bk Of America Corp |
1.44%
10,655
|
$452,000 | 0.27% |
| Target Corp |
11.85%
1,859
|
$425,000 | 0.26% |
| Citigroup Inc |
0.47%
5,744
|
$403,000 | 0.24% |
| Anthem Inc |
No change
1,070
|
$399,000 | 0.24% |
| Boeing Co. |
16.98%
1,790
|
$394,000 | 0.24% |
| Spdr Sp Midcap 400 Etf Tr |
No change
767
|
$369,000 | 0.22% |
| Innovator Etfs Tr |
17.61%
7,110
|
$364,000 | 0.22% |
| First Tr Exchng Traded Fd Vi |
No change
18,160
|
$609,000 | 0.37% |
| Enterprise Prods Partners L |
No change
15,053
|
$326,000 | 0.20% |
| Disney Walt Co |
13.40%
1,904
|
$322,000 | 0.20% |
| Lockheed Martin Corp. |
0.44%
911
|
$314,000 | 0.19% |
| Adobe Systems Incorporated |
Closed
495
|
$290,000 | |
| Qualcomm, Inc. |
Closed
2,010
|
$287,000 | |
| Walmart Inc |
3.41%
2,033
|
$283,000 | 0.17% |
| Vanguard Whitehall Fds |
1.69%
2,700
|
$279,000 | 0.17% |
| Kraneshares Tr |
Opened
9,600
|
$268,000 | 0.16% |
| Listed Fd Tr |
46.03%
9,170
|
$268,000 | 0.16% |
| Abbvie Inc |
13.19%
2,487
|
$268,000 | 0.16% |
| Royal Dutch Shell PLC |
No change
5,967
|
$266,000 | 0.16% |
| Starbucks Corp. |
6.65%
2,406
|
$265,000 | 0.16% |
| MetLife, Inc. |
1.55%
4,265
|
$263,000 | 0.16% |
| Nxp Semiconductors N V |
3.68%
1,310
|
$257,000 | 0.16% |
| Commercial Metals Co. |
No change
8,272
|
$252,000 | 0.15% |
| Caterpillar Inc. |
No change
1,235
|
$237,000 | 0.14% |
| Merck Co Inc |
No change
2,940
|
$221,000 | 0.13% |
| Select Sector Spdr Tr |
Closed
3,155
|
$221,000 | |
| Salesforce.Com Inc |
Opened
791
|
$215,000 | 0.13% |
| L3Harris Technologies Inc |
No change
972
|
$214,000 | 0.13% |
| Att Inc |
30.21%
7,800
|
$211,000 | 0.13% |
| Magellan Midstream Prtnrs Lp |
Closed
4,320
|
$211,000 | |
| Cisco Sys Inc |
Closed
3,870
|
$205,000 | |
| Johnson Johnson |
Opened
1,248
|
$201,000 | 0.12% |
| Ishares Tr |
Closed
1,776
|
$201,000 | |
| New Residential Invt Corp |
7.52%
14,300
|
$157,000 | 0.10% |
| Aberdeen Asia-pacific Income |
No change
10,000
|
$42,000 | 0.03% |
| Mind Medicine Mindmed Inc |
7.58%
14,200
|
$33,000 | 0.02% |
| Energous Corp |
No change
12,000
|
$25,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 75 holdings | |||
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