Verde Capital Management 13F annual report
Verde Capital Management is an investment fund managing more than $306 billion ran by Carl Szasz. There are currently 35 companies in Mr. Szasz’s portfolio. The largest investments include Vanguard World Fd and VanEck ETF Trust, together worth $107 billion.
$306 billion Assets Under Management (AUM)
As of 11th July 2024, Verde Capital Management’s top holding is 566,896 shares of Vanguard World Fd currently worth over $54.8 billion and making up 17.9% of the portfolio value.
In addition, the fund holds 638,198 shares of VanEck ETF Trust worth $52 billion, whose value grew 25.2% in the past six months.
The third-largest holding is Invesco Exch Traded Fd Tr Ii worth $27.8 billion and the next is Schwab Strategic Tr worth $27.5 billion, with 752,298 shares owned.
Currently, Verde Capital Management's portfolio is worth at least $306 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 Verde Capital Management
The Verde Capital Management office and employees reside in Clarkston, Michigan. According to the last 13-F report filed with the SEC, Carl Szasz serves as the President and Chief Compliance Officer at Verde Capital Management.
Recent trades
In the most recent 13F filing, Verde Capital Management revealed that it had opened a new position in
Ishares Bitcoin Tr and bought 176,272 shares worth $6.02 billion.
The investment fund also strengthened its position in Vanguard World Fd by buying
35,432 additional shares.
This makes their stake in Vanguard World Fd total 566,896 shares worth $54.8 billion.
On the other hand, there are companies that Verde Capital Management is getting rid of from its portfolio.
Verde Capital Management closed its position in Vanguard Scottsdale Fds on 18th July 2024.
It sold the previously owned 5,257 shares for $240 million.
Carl Szasz also disclosed a decreased stake in Invesco Exch Traded Fd Tr Ii by approximately 0.1%.
This leaves the value of the investment at $27.8 billion and 141,218 shares.
One of the smaller hedge funds
The two most similar investment funds to Verde Capital Management are Brown, Lisle/cummings, Inc and Prentice Wealth Management. They manage $306 billion and $306 billion respectively.
Carl Szasz investment strategy
Verde Capital Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Miscellaneous — making up 17.0% of
the total portfolio value.
The fund focuses on investments in the United States as
51.4% 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
54% 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 $394 billion.
The complete list of Verde Capital Management trades based on 13F SEC filings
These positions were updated on July 18th 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 World Fd |
6.67%
566,896
|
$54,773,488,000 | 17.88% |
| VanEck ETF Trust |
3.96%
638,198
|
$52,045,633,000 | 16.99% |
| Invesco Exch Traded Fd Tr Ii |
3.33%
141,218
|
$27,835,556,000 | 9.09% |
| Schwab Strategic Tr |
3.32%
752,298
|
$27,507,095,000 | 8.98% |
| Ishares Tr |
4.43%
1,237,200
|
$67,114,407,000 | 21.91% |
| Vanguard Bd Index Fds |
37.11%
113,277
|
$8,489,689,000 | 2.77% |
| NVIDIA Corp |
662.84%
53,292
|
$6,583,718,000 | 2.15% |
| Ishares Bitcoin Tr |
Opened
176,272
|
$6,017,936,000 | 1.96% |
| Tesla Inc |
70.09%
29,969
|
$5,930,360,000 | 1.94% |
| Vanguard Scottsdale Fds |
Opened
73,948
|
$5,910,701,000 | 1.93% |
| Netflix Inc. |
6.79%
5,436
|
$3,668,559,000 | 1.20% |
| Grayscale Bitcoin Tr Btc |
Opened
64,121
|
$3,413,780,000 | 1.11% |
| Amazon.com Inc. |
9.28%
15,230
|
$2,943,270,000 | 0.96% |
| PayPal Holdings Inc |
9.02%
50,120
|
$2,908,480,000 | 0.95% |
| Alphabet Inc |
20.50%
15,691
|
$2,878,009,000 | 0.94% |
| Vanguard Whitehall Fds |
7.34%
43,899
|
$2,761,708,000 | 0.90% |
| Salesforce Inc |
27.13%
9,963
|
$2,561,608,000 | 0.84% |
| Spdr Ser Tr |
11.79%
96,934
|
$2,464,069,000 | 0.80% |
| Airbnb, Inc. |
49.15%
15,679
|
$2,377,339,000 | 0.78% |
| Spotify Technology S.A. |
41.64%
7,546
|
$2,367,886,000 | 0.77% |
| Invesco Exchange Traded Fd T |
1.63%
18,596
|
$2,119,703,000 | 0.69% |
| Prologis Inc |
13.33%
16,049
|
$1,802,485,000 | 0.59% |
| American Tower Corp. |
10.44%
9,025
|
$1,754,291,000 | 0.57% |
| Welltower Inc. |
23.24%
14,832
|
$1,546,211,000 | 0.50% |
| Chipotle Mexican Grill |
3,867.74%
23,370
|
$1,464,134,000 | 0.48% |
| Equinix Inc |
31.83%
1,756
|
$1,328,582,000 | 0.43% |
| Vanguard Index Fds |
8.26%
11,603
|
$971,833,000 | 0.32% |
| Vanguard Intl Equity Index F |
8.59%
22,853
|
$927,144,000 | 0.30% |
| Vanguard Charlotte Fds |
2.05%
16,498
|
$802,955,000 | 0.26% |
| Apple Inc |
134.46%
3,552
|
$748,131,000 | 0.24% |
| Lockheed Martin Corp. |
45.19%
1,269
|
$592,746,000 | 0.19% |
| Visa Inc |
44.54%
1,947
|
$511,042,000 | 0.17% |
| Microsoft Corporation |
35.80%
937
|
$418,746,000 | 0.14% |
| Unitedhealth Group Inc |
21.45%
804
|
$409,665,000 | 0.13% |
| Costco Whsl Corp New |
Opened
417
|
$354,766,000 | 0.12% |
| Vanguard Scottsdale Fds |
Closed
5,257
|
$239,772,000 | |
| No transactions found | |||
| Showing first 500 out of 36 holdings | |||
Hedge funds similar to Verde Capital Management
- Fifth Third Wealth Advisors
- Forge First Asset Management
- Hall Kathryn A
- Betterwealth
- Birinyi Associates Inc
- Capital Planning
- Prentice Wealth Management
- Brown, Lisle/cummings, Inc
- Nvwm
- Wambolt & Associates
- Monument Capital Management
- Palo Duro Investment Partners, L.P.
- Lodge Hill Capital
- Appian Way Asset Management L.P.