Biltmore Wealth Management 13F annual report

Biltmore Wealth Management is an investment fund managing more than $231 billion ran by Kevin Sweeney. There are currently 42 companies in Mr. Sweeney’s portfolio. The largest investments include Select Sector Spdr Tr and Pimco Etf Tr, together worth $174 billion.

Limited to 30 biggest holdings

$231 billion Assets Under Management (AUM)

As of 5th July 2024, Biltmore Wealth Management’s top holding is 1,309,451 shares of Select Sector Spdr Tr currently worth over $155 billion and making up 67.0% of the portfolio value. In addition, the fund holds 380,239 shares of Pimco Etf Tr worth $19.2 billion. The third-largest holding is Ishares Tr worth $11.2 billion and the next is Spdr Gold Tr worth $7.59 billion, with 35,304 shares owned.

Currently, Biltmore Wealth Management's portfolio is worth at least $231 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 Biltmore Wealth Management

The Biltmore Wealth Management office and employees reside in Tempe, Arizona. According to the last 13-F report filed with the SEC, Kevin Sweeney serves as the Chief Compliance Officer at Biltmore Wealth Management.

Recent trades

In the most recent 13F filing, Biltmore Wealth Management revealed that it had opened a new position in Pimco Etf Tr and bought 380,239 shares worth $19.2 billion.

The investment fund also strengthened its position in Select Sector Spdr Tr by buying 35,695 additional shares. This makes their stake in Select Sector Spdr Tr total 1,309,451 shares worth $155 billion.

On the other hand, there are companies that Biltmore Wealth Management is getting rid of from its portfolio. Biltmore Wealth Management closed its position in Spdr Ser Tr on 12th July 2024. It sold the previously owned 682,672 shares for $32.5 billion. Kevin Sweeney also disclosed a decreased stake in Ishares Tr by 0.5%. This leaves the value of the investment at $11.2 billion and 188,201 shares.

One of the smallest hedge funds

The two most similar investment funds to Biltmore Wealth Management are Firstpurpose Wealth and Retirement Capital Strategies. They manage $231 billion and $231 billion respectively.

Kevin Sweeney investment strategy

Biltmore Wealth Management’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Technology — making up 2.5% of the total portfolio value. The fund focuses on investments in the United States as 57.1% 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 55% 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 $350 billion.

The complete list of Biltmore Wealth Management trades based on 13F SEC filings

These positions were updated on July 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
Spdr Ser Tr	Closed 682,672	$32,461,035,000
Select Sector Spdr Tr	2.80% 1,309,451	$154,543,992,000	66.95%
Pimco Etf Tr	Opened 380,239	$19,240,866,000	8.34%
Ishares Tr	46.17% 188,201	$11,241,788,000	4.87%
Ishares Tr	Closed 71,253	$7,855,678,000
Spdr Gold Tr	35.26% 35,304	$7,590,713,000	3.29%
Vanguard Scottsdale Fds	Opened 115,730	$6,711,198,000	2.91%
Pimco Etf Tr	72.79% 72,813	$3,790,657,000	1.64%
NVIDIA Corp	329.59% 22,210	$2,743,874,000	1.19%
Spdr Ser Tr	82.27% 27,211	$2,497,453,000	1.08%
Apple Inc	13.23% 7,033	$1,481,359,000	0.64%
Eaton Corp Plc	17.41% 4,364	$1,368,332,000	0.59%
Micron Technology Inc.	28.68% 9,548	$1,255,884,000	0.54%
Costco Whsl Corp New	2.52% 1,434	$1,218,517,000	0.53%
Amazon.com Inc.	8.73% 6,193	$1,196,772,000	0.52%
CSX Corp.	4.47% 29,478	$986,049,000	0.43%
Procter And Gamble Co	Opened 5,593	$922,406,000	0.40%
HCA Healthcare Inc	22.61% 2,861	$919,289,000	0.40%
Archer Daniels Midland Co.	Closed 10,507	$836,988,000
Ametek Inc	23.68% 4,787	$797,971,000	0.35%
Nike, Inc.	Closed 6,450	$791,015,000
Thermo Fisher Scientific Inc.	5.22% 1,379	$762,581,000	0.33%
Freeport-McMoRan Inc	18.99% 15,548	$755,610,000	0.33%
Alphabet Inc	53.89% 6,094	$1,115,159,000	0.48%
Diamondback Energy Inc	0.98% 3,654	$731,454,000	0.32%
Target Corp	Closed 4,290	$710,575,000
Tesla Inc	Opened 3,339	$660,721,000	0.29%
Vontier Corporation	38.14% 17,286	$660,314,000	0.29%
Griffon Corp.	Closed 19,971	$639,283,000
Johnson Johnson	9.53% 4,260	$622,639,000	0.27%
Ralph Lauren Corp	Opened 3,239	$567,019,000	0.25%
Celanese Corp	8.01% 4,181	$564,023,000	0.24%
Public Storage Oper Co	6.09% 1,846	$531,004,000	0.23%
Aflac Inc.	3.71% 5,925	$529,146,000	0.23%
United Parcel Service, Inc.	Opened 3,731	$510,544,000	0.22%
Medtronic Plc	6.58% 6,415	$504,955,000	0.22%
Comcast Corp New	Closed 12,808	$485,554,000
Weyerhaeuser Co Mtn Be	15.48% 16,908	$480,015,000	0.21%
Phillips 66	Opened 3,396	$479,356,000	0.21%
Netflix Inc.	Opened 657	$443,396,000	0.19%
Devon Energy Corp.	Closed 8,716	$441,117,000
Exxon Mobil Corp.	0.56% 3,556	$409,367,000	0.18%
Interpublic Group Cos Inc	Closed 10,633	$395,975,000
Microsoft Corporation	0.50% 803	$358,952,000	0.16%
Berkshire Hathaway Inc.	2.30% 713	$290,048,000	0.13%
Meta Platforms Inc	Opened 499	$251,560,000	0.11%
The Southern Co.	0.41% 3,187	$247,198,000	0.11%
Charter Communications Inc N	Closed 680	$243,175,000
Eli Lilly Co	Opened 241	$218,309,000	0.09%
Att Inc	0.10% 11,105	$212,207,000	0.09%
International Business Machs	Opened 1,188	$205,465,000	0.09%
Abbott Labs	Opened 1,925	$200,032,000	0.09%
No transactions found
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