Pillar Wealth Advisors 13F annual report
Pillar Wealth Advisors is an investment fund managing more than $130 billion ran by Michael Bree. There are currently 25 companies in Mr. Bree’s portfolio. The largest investments include Schwab Strategic Tr and Capital Grp Fixed Incm Etf T, together worth $46.5 billion.
$130 billion Assets Under Management (AUM)
As of 29th January 2024, Pillar Wealth Advisors’s top holding is 563,224 shares of Schwab Strategic Tr currently worth over $34.3 billion and making up 26.4% of the portfolio value.
In addition, the fund holds 453,013 shares of Capital Grp Fixed Incm Etf T worth $12.2 billion.
The third-largest holding is Ishares Tr worth $20.6 billion and the next is Vanguard Bd Index Fds worth $7.72 billion, with 104,939 shares owned.
Currently, Pillar Wealth Advisors's portfolio is worth at least $130 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 Pillar Wealth Advisors
The Pillar Wealth Advisors office and employees reside in Westtown, Pennsylvania. According to the last 13-F report filed with the SEC, Michael Bree serves as the President at Pillar Wealth Advisors.
Recent trades
In the most recent 13F filing, Pillar Wealth Advisors revealed that it had opened a new position in
Innovator Etfs Tr and bought 38,910 shares worth $1.06 billion.
The investment fund also strengthened its position in Capital Grp Fixed Incm Etf T by buying
34,449 additional shares.
This makes their stake in Capital Grp Fixed Incm Etf T total 453,013 shares worth $12.2 billion.
On the other hand, there are companies that Pillar Wealth Advisors is getting rid of from its portfolio.
Pillar Wealth Advisors closed its position in Vanguard Bd Index Fds on 5th February 2024.
It sold the previously owned 13,015 shares for $984 million.
Michael Bree also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%.
This leaves the value of the investment at $34.3 billion and 563,224 shares.
One of the smallest hedge funds
The two most similar investment funds to Pillar Wealth Advisors are Soditic Asset Management LL.P. and Solano Wealth Management. They manage $130 billion and $130 billion respectively.
Michael Bree investment strategy
Pillar Wealth Advisors’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 2.6% of
the total portfolio value.
The fund focuses on investments in the United States as
20.0% 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
20% 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 $785 billion.
The complete list of Pillar Wealth Advisors trades based on 13F SEC filings
These positions were updated on February 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 |
|---|---|---|---|
| Schwab Strategic Tr |
7.38%
563,224
|
$34,304,452,000 | 26.43% |
| Capital Grp Fixed Incm Etf T |
8.23%
453,013
|
$12,171,589,000 | 9.38% |
| Ishares Tr |
11.72%
125,233
|
$20,560,319,000 | 15.84% |
| Vanguard Bd Index Fds |
13.53%
104,939
|
$7,718,300,000 | 5.95% |
| Vanguard Tax-managed Fds |
1.81%
134,658
|
$6,450,121,000 | 4.97% |
| Innovator Etfs Tr |
0.98%
933,686
|
$31,071,048,000 | 23.94% |
| Alphabet Inc |
1.90%
21,895
|
$3,069,275,000 | 2.36% |
| Capital Group Dividend Value |
20.93%
61,352
|
$1,830,749,000 | 1.41% |
| Intercontinental Exchange In |
4.30%
9,787
|
$1,256,944,000 | 0.97% |
| Innovator Etfs Tr |
Opened
38,910
|
$1,063,410,000 | 0.82% |
| Pacer Fds Tr |
No change
19,207
|
$998,572,000 | 0.77% |
| Vanguard Bd Index Fds |
Closed
13,015
|
$983,550,000 | |
| Vanguard Scottsdale Fds |
No change
17,962
|
$1,435,620,000 | 1.11% |
| Apple Inc |
No change
4,633
|
$891,980,000 | 0.69% |
| Capital Group Dividend Growe |
Opened
32,719
|
$888,648,000 | 0.68% |
| Gilead Sciences, Inc. |
No change
10,368
|
$839,912,000 | 0.65% |
| Vanguard Index Fds |
0.73%
6,629
|
$1,309,266,000 | 1.01% |
| J P Morgan Exchange Traded F |
60.61%
11,800
|
$592,733,000 | 0.46% |
| Capital Grp Fixed Incm Etf T |
Opened
21,535
|
$556,357,000 | 0.43% |
| Invesco Exchange Traded Fd T |
214.51%
17,682
|
$858,044,000 | 0.66% |
| Bny Mellon Etf Trust |
53.38%
10,700
|
$454,643,000 | 0.35% |
| Comcast Corp New |
Opened
9,403
|
$412,322,000 | 0.32% |
| Vanguard Star Fds |
Opened
6,319
|
$366,266,000 | 0.28% |
| Endava plc |
Closed
5,186
|
$268,583,000 | |
| Adobe Inc |
No change
450
|
$268,470,000 | 0.21% |
| Vanguard Charlotte Fds |
8.31%
4,731
|
$233,543,000 | 0.18% |
| Pfizer Inc. |
Closed
6,155
|
$225,765,000 | |
| Exxon Mobil Corp. |
0.95%
2,083
|
$208,258,000 | 0.16% |
| Kraneshares Tr |
Closed
9,924
|
$204,230,000 | |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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