Theory Financial is an investment fund managing more than $211 billion ran by Ryan Stout. There are currently 27 companies in Mr. Stout’s portfolio. The largest investments include Schwab Strategic Tr and Select Sector Spdr Tr, together worth $59 billion.
As of 17th July 2024, Theory Financial’s top holding is 714,074 shares of Schwab Strategic Tr currently worth over $33.6 billion and making up 15.9% of the portfolio value.
In addition, the fund holds 222,869 shares of Select Sector Spdr Tr worth $25.4 billion.
The third-largest holding is Vanguard World Fd worth $15.4 billion and the next is Ishares Tr worth $55.7 billion, with 625,004 shares owned.
Currently, Theory Financial's portfolio is worth at least $211 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.
The Theory Financial office and employees reside in Fort Collins, Colorado. According to the last 13-F report filed with the SEC, Ryan Stout serves as the Managing Member and Chief Compliance Officer at Theory Financial.
In the most recent 13F filing, Theory Financial revealed that it had opened a new position in
Select Sector Spdr Tr and bought 98,247 shares worth $7.17 billion.
The investment fund also strengthened its position in Select Sector Spdr Tr by buying
96,449 additional shares.
This makes their stake in Select Sector Spdr Tr total 222,869 shares worth $25.4 billion.
On the other hand, there are companies that Theory Financial is getting rid of from its portfolio.
Theory Financial closed its position in Spdr Ser Tr on 23rd July 2024.
It sold the previously owned 43,827 shares for $8.12 billion.
Ryan Stout also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%.
This leaves the value of the investment at $33.6 billion and 714,074 shares.
The two most similar investment funds to Theory Financial are 1776 Wealth and Enterprise Bank & Trust Co. They manage $211 billion and $211 billion respectively.
Theory Financial’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 0.3% of
the total portfolio value.
The fund focuses on investments in the United States as
18.5% 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
19% 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 $1.09 trillion.
These positions were updated on July 23rd 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 |
0.96%
714,074
|
$33,634,648,000 | 15.92% |
| Select Sector Spdr Tr |
76.29%
222,869
|
$25,357,159,000 | 12.00% |
| Vanguard World Fd |
131.34%
112,211
|
$15,435,574,000 | 7.30% |
| Ishares Tr |
25.01%
625,004
|
$55,702,624,000 | 26.36% |
| Spdr Ser Tr |
9.84%
294,944
|
$15,604,345,000 | 7.38% |
| Vanguard Scottsdale Fds |
8.51%
93,290
|
$5,432,277,000 | 2.57% |
| Invesco Exchange Traded Fd T |
6.30%
165,780
|
$11,322,288,000 | 5.36% |
| Invesco Exch Traded Fd Tr Ii |
5.40%
23,004
|
$4,534,318,000 | 2.15% |
| First Tr Exchange-traded Fd |
3.93%
63,818
|
$4,359,408,000 | 2.06% |
| Select Sector Spdr Tr |
Opened
98,247
|
$7,166,540,000 | 3.39% |
| Spdr Ser Tr |
Closed
43,827
|
$8,124,850,000 | |
| Ishares Tr |
Closed
230,822
|
$12,422,169,000 | |
| Vanguard Specialized Funds |
Closed
21,809
|
$3,982,541,000 | |
| Direxion Shs Etf Tr |
Closed
42,957
|
$3,836,046,000 | |
| Spdr Ser Tr |
Opened
40,522
|
$3,719,109,000 | 1.76% |
| Wisdomtree Tr |
19.92%
125,936
|
$6,596,744,000 | 3.12% |
| Blackrock Etf Trust |
93.51%
79,777
|
$3,824,847,000 | 1.81% |
| Vanguard Index Fds |
18.91%
40,240
|
$6,837,388,000 | 3.24% |
| Vanguard Star Fds |
47.23%
34,229
|
$2,064,009,000 | 0.98% |
| Vanguard Mun Bd Fds |
1.50%
30,870
|
$1,546,896,000 | 0.73% |
| Ishares Inc |
Opened
22,667
|
$1,546,796,000 | 0.73% |
| Ishares Inc |
129.99%
42,948
|
$2,423,123,000 | 1.15% |
| Spdr Sp 500 Etf Tr |
1.76%
1,905
|
$1,036,739,000 | 0.49% |
| Blackrock Etf Trust Ii |
99.13%
19,809
|
$1,034,030,000 | 0.49% |
| Amazon.com Inc. |
2.53%
2,276
|
$439,837,000 | 0.21% |
| Grainger W W Inc |
Closed
400
|
$406,920,000 | |
| Alphabet Inc |
No change
1,989
|
$362,296,000 | 0.17% |
| Ishares Tr |
Opened
7,663
|
$322,766,000 | 0.15% |
| Chevron Corp. |
1.37%
1,877
|
$293,600,000 | 0.14% |
| Vanguard Index Fds |
Closed
1,050
|
$251,748,000 | |
| Microsoft Corporation |
3.93%
562
|
$251,186,000 | 0.12% |
| Goldman Sachs Etf Tr |
Opened
5,474
|
$247,699,000 | 0.12% |
| Apple Inc |
Opened
1,031
|
$217,149,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 33 holdings | |||