Westshore Wealth 13F annual report
Westshore Wealth is an investment fund managing more than $195 billion ran by Ryan Ornellas. There are currently 84 companies in Mr. Ornellas’s portfolio. The largest investments include Spdr Sp 500 Etf Tr and United Parcel Service, together worth $72.6 billion.
$195 billion Assets Under Management (AUM)
As of 29th August 2023, Westshore Wealth’s top holding is 96,967 shares of Spdr Sp 500 Etf Tr currently worth over $43 billion and making up 22.0% of the portfolio value.
In addition, the fund holds 165,023 shares of United Parcel Service worth $29.6 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Ishares Tr worth $69.1 billion and the next is J P Morgan Exchange Traded F worth $7.05 billion, with 127,397 shares owned.
Currently, Westshore Wealth'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 Westshore Wealth
The Westshore Wealth office and employees reside in Newport Beach, California. According to the last 13-F report filed with the SEC, Ryan Ornellas serves as the Chief Compliance Officer at Westshore Wealth.
Recent trades
In the most recent 13F filing, Westshore Wealth revealed that it had opened a new position in
Automatic Data Processing In and bought 1,780 shares worth $391 million.
The investment fund also strengthened its position in Spdr Sp 500 Etf Tr by buying
285 additional shares.
This makes their stake in Spdr Sp 500 Etf Tr total 96,967 shares worth $43 billion.
On the other hand, there are companies that Westshore Wealth is getting rid of from its portfolio.
Westshore Wealth closed its position in Arista Networks Inc on 5th September 2023.
It sold the previously owned 3,416 shares for $573 million.
Ryan Ornellas also disclosed a decreased stake in United Parcel Service by approximately 0.1%.
This leaves the value of the investment at $29.6 billion and 165,023 shares.
One of the smaller hedge funds
The two most similar investment funds to Westshore Wealth are Centric Wealth Management and Keystone Services. They manage $195 billion and $195 billion respectively.
Ryan Ornellas investment strategy
Westshore Wealth’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Industrials — making up 15.8% of
the total portfolio value.
The fund focuses on investments in the United States as
53.6% 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 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $254 billion.
The complete list of Westshore Wealth trades based on 13F SEC filings
These positions were updated on September 5th 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 Sp 500 Etf Tr |
0.29%
96,967
|
$42,983,469,000 | 22.01% |
| United Parcel Service, Inc. |
4.99%
165,023
|
$29,580,400,000 | 15.14% |
| Ishares Tr |
0.65%
674,292
|
$69,072,682,000 | 35.36% |
| J P Morgan Exchange Traded F |
12.12%
127,397
|
$7,048,864,000 | 3.61% |
| Apple Inc |
7.20%
29,540
|
$5,729,962,000 | 2.93% |
| VanEck ETF Trust |
23.23%
38,257
|
$3,052,526,000 | 1.56% |
| Berkshire Hathaway Inc. |
0.20%
7,513
|
$2,561,933,000 | 1.31% |
| Microsoft Corporation |
5.71%
7,068
|
$2,407,076,000 | 1.23% |
| NVIDIA Corp |
15.64%
4,966
|
$2,100,913,000 | 1.08% |
| Alphabet Inc |
31.16%
15,700
|
$1,886,656,000 | 0.97% |
| Amazon.com Inc. |
0.11%
9,456
|
$1,232,684,000 | 0.63% |
| Cisco Sys Inc |
8.96%
19,973
|
$1,033,422,000 | 0.53% |
| Vanguard Index Fds |
15.50%
9,124
|
$2,205,691,000 | 1.13% |
| Merck Co Inc |
6.66%
8,042
|
$927,954,000 | 0.48% |
| Meta Platforms Inc |
No change
3,004
|
$862,088,000 | 0.44% |
| Johnson Johnson |
10.01%
4,585
|
$758,938,000 | 0.39% |
| Spdr Gold Tr |
7.16%
3,956
|
$705,236,000 | 0.36% |
| Mcdonalds Corp |
12.00%
2,245
|
$669,860,000 | 0.34% |
| Arista Networks Inc |
Closed
3,416
|
$573,410,000 | |
| HCA Healthcare Inc |
6.00%
1,754
|
$532,304,000 | 0.27% |
| Schwab Strategic Tr |
15.46%
19,526
|
$776,349,000 | 0.40% |
| Hershey Company |
20.22%
2,000
|
$499,400,000 | 0.26% |
| Starbucks Corp. |
0.81%
4,829
|
$478,355,000 | 0.24% |
| Eaton Corp Plc |
0.34%
2,336
|
$469,770,000 | 0.24% |
| Gallagher Arthur J Co |
27.66%
2,100
|
$461,097,000 | 0.24% |
| 3M Co. |
Closed
4,058
|
$426,585,000 | |
| Comcast Corp New |
14.73%
10,127
|
$420,777,000 | 0.22% |
| Abbvie Inc |
14.22%
3,107
|
$418,606,000 | 0.21% |
| AMGEN Inc. |
Closed
1,728
|
$417,744,000 | |
| Philip Morris International Inc |
0.47%
4,267
|
$416,500,000 | 0.21% |
| Home Depot, Inc. |
10.46%
1,292
|
$401,347,000 | 0.21% |
| Applied Matls Inc |
Closed
3,236
|
$397,454,000 | |
| Automatic Data Processing In |
Opened
1,780
|
$391,226,000 | 0.20% |
| Palo Alto Networks Inc |
8.93%
1,530
|
$390,930,000 | 0.20% |
| International Business Machs |
19.65%
2,900
|
$388,049,000 | 0.20% |
| Exxon Mobil Corp. |
20.92%
3,527
|
$378,250,000 | 0.19% |
| Unitedhealth Group Inc |
No change
751
|
$360,872,000 | 0.18% |
| First Tr Exchange Traded Fd |
12.40%
7,896
|
$358,557,000 | 0.18% |
| Vanguard Whitehall Fds |
Opened
5,583
|
$352,846,000 | 0.18% |
| Wells Fargo Co New |
12.50%
306
|
$352,512,000 | 0.18% |
| T-Mobile US, Inc. |
Closed
2,421
|
$350,658,000 | |
| Vanguard Scottsdale Fds |
Opened
5,424
|
$344,587,000 | 0.18% |
| Ishares Tr |
Closed
1,363
|
$340,968,000 | |
| Coca-Cola Co |
19.07%
5,650
|
$340,260,000 | 0.17% |
| Jpmorgan Chase Co |
40.90%
2,332
|
$339,094,000 | 0.17% |
| Visa Inc |
1.53%
1,419
|
$336,911,000 | 0.17% |
| Caterpillar Inc. |
1.94%
1,362
|
$335,120,000 | 0.17% |
| Knight-swift Transn Hldgs In |
2.29%
5,977
|
$332,082,000 | 0.17% |
| Exelon Corp. |
22.19%
7,865
|
$320,420,000 | 0.16% |
| Pfizer Inc. |
0.51%
8,641
|
$316,951,000 | 0.16% |
| Bank America Corp |
2.23%
10,038
|
$590,919,000 | 0.30% |
| Dollar Tree Inc |
2.44%
2,156
|
$309,386,000 | 0.16% |
| Blackstone Inc |
3.17%
3,176
|
$295,270,000 | 0.15% |
| Barnes Group Inc. |
No change
6,797
|
$286,765,000 | 0.15% |
| Marriott Intl Inc New |
3.23%
1,558
|
$286,189,000 | 0.15% |
| Vanguard World Fds |
No change
1,150
|
$281,543,000 | 0.14% |
| Las Vegas Sands Corp |
2.16%
4,798
|
$278,284,000 | 0.14% |
| Procter And Gamble Co |
1.81%
1,790
|
$271,639,000 | 0.14% |
| Vanguard Mun Bd Fds |
Closed
5,359
|
$271,487,000 | |
| Bristol-Myers Squibb Co. |
15.36%
4,220
|
$269,869,000 | 0.14% |
| Danaher Corp. |
Opened
1,120
|
$268,800,000 | 0.14% |
| Ishares Gold Tr |
Opened
7,300
|
$265,647,000 | 0.14% |
| Tesla Inc |
1.08%
1,012
|
$264,911,000 | 0.14% |
| Fortinet Inc |
Opened
3,500
|
$264,565,000 | 0.14% |
| Pinterest Inc |
0.85%
9,612
|
$262,792,000 | 0.13% |
| Edwards Lifesciences Corp |
2.39%
2,732
|
$257,710,000 | 0.13% |
| Mckesson Corporation |
5.36%
600
|
$256,539,000 | 0.13% |
| Verizon Communications Inc |
2.79%
6,889
|
$256,208,000 | 0.13% |
| Broadcom Inc. |
7.03%
291
|
$252,422,000 | 0.13% |
| Chevron Corp. |
0.80%
1,602
|
$252,126,000 | 0.13% |
| Coinbase Global Inc |
0.03%
3,506
|
$250,854,000 | 0.13% |
| Fedex Corp |
2.33%
1,004
|
$248,892,000 | 0.13% |
| Mondelez International Inc. |
Closed
3,431
|
$239,209,000 | |
| Medtronic Plc |
2.50%
2,649
|
$233,377,000 | 0.12% |
| Nike, Inc. |
21.56%
2,109
|
$232,756,000 | 0.12% |
| Oracle Corp. |
Closed
2,501
|
$232,375,000 | |
| Costco Whsl Corp New |
52.02%
428
|
$230,427,000 | 0.12% |
| Adobe Systems Incorporated |
Opened
471
|
$230,314,000 | 0.12% |
| Live Nation Entertainment In |
Opened
2,500
|
$227,775,000 | 0.12% |
| Paccar Inc. |
3.96%
2,713
|
$226,942,000 | 0.12% |
| Dollar Gen Corp New |
2.21%
1,329
|
$225,702,000 | 0.12% |
| Progressive Corp. |
19.62%
1,700
|
$225,029,000 | 0.12% |
| Schwab Charles Corp |
2.46%
3,921
|
$222,242,000 | 0.11% |
| Accenture Plc Ireland |
1.11%
713
|
$220,018,000 | 0.11% |
| VanEck ETF Trust |
Opened
1,438
|
$218,936,000 | 0.11% |
| Baidu Inc |
2.20%
1,598
|
$218,782,000 | 0.11% |
| Keurig Dr Pepper Inc |
3.07%
6,728
|
$210,385,000 | 0.11% |
| Etf Managers Tr |
19.59%
4,145
|
$209,654,000 | 0.11% |
| Kinder Morgan Inc |
Closed
11,877
|
$207,966,000 | |
| Microchip Technology, Inc. |
3.71%
2,312
|
$207,132,000 | 0.11% |
| Lockheed Martin Corp. |
4.75%
441
|
$202,941,000 | 0.10% |
| Quest Diagnostics, Inc. |
3.63%
1,433
|
$201,422,000 | 0.10% |
| Independence Rlty Tr Inc |
No change
10,000
|
$182,200,000 | 0.09% |
| Sirius XM Holdings Inc |
0.33%
22,050
|
$99,887,000 | 0.05% |
| Oncocyte Corporation |
Closed
20,000
|
$7,088,000 | |
| No transactions found | |||
| Showing first 500 out of 95 holdings | |||
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