Bernicke Wealth Management 13F annual report
Bernicke Wealth Management is an investment fund managing more than $165 million ran by Karlyn Etheridge. There are currently 39 companies in Mrs. Etheridge’s portfolio. The largest investments include Vanguard Scottsdale Fds and Ishares Tr, together worth $122 million.
$165 million Assets Under Management (AUM)
As of 7th October 2020, Bernicke Wealth Management’s top holding is 739,496 shares of Vanguard Scottsdale Fds currently worth over $64.4 million and making up 39.0% of the portfolio value.
In addition, the fund holds 818,504 shares of Ishares Tr worth $57.6 million.
The third-largest holding is Vanguard Intl Equity Index F worth $5.52 million and the next is Vaneck Vectors Etf Tr worth $3.23 million, with 61,869 shares owned.
Currently, Bernicke Wealth Management's portfolio is worth at least $165 million. 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 Bernicke Wealth Management
The Bernicke Wealth Management office and employees reside in Altoona, Wisconsin. According to the last 13-F report filed with the SEC, Karlyn Etheridge serves as the CCO at Bernicke Wealth Management.
Recent trades
In the most recent 13F filing, Bernicke Wealth Management revealed that it had opened a new position in
Ishares Tr and bought 1,160 shares worth $300 thousand.
The investment fund also strengthened its position in Vanguard Scottsdale Fds by buying
8,967 additional shares.
This makes their stake in Vanguard Scottsdale Fds total 739,496 shares worth $64.4 million.
On the other hand, there are companies that Bernicke Wealth Management is getting rid of from its portfolio.
Bernicke Wealth Management closed its position in Vaneck Vectors Etf Tr on 14th May 2020.
It sold the previously owned 10,397 shares for $522 thousand.
Karlyn Etheridge also disclosed a decreased stake in Alps Etf Tr by approximately 0.1%.
This leaves the value of the investment at $1.54 million and 24,988 shares.
One of the smallest hedge funds
The two most similar investment funds to Bernicke Wealth Management are Tillar-wenstrup Advisors and Highside Global Management. They manage $165 million and $165 million respectively.
Karlyn Etheridge investment strategy
Bernicke Wealth Management’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 2.9% of
the total portfolio value.
The fund focuses on investments in the United States as
41.0% 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
46% 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 $380 billion.
The complete list of Bernicke Wealth Management trades based on 13F SEC filings
These positions were updated on May 14th 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 Scottsdale Fds |
1.23%
739,496
|
$64,403,000 | 39.04% |
| Ishares Tr |
11.14%
818,504
|
$57,640,000 | 34.94% |
| Vanguard Intl Equity Index F |
26.18%
87,923
|
$5,522,000 | 3.35% |
| Vaneck Vectors Etf Tr |
7.81%
61,869
|
$3,233,000 | 1.96% |
| Alps Etf Tr |
4.73%
24,988
|
$1,539,000 | 0.93% |
| Vanguard Index Fds |
2.81%
13,163
|
$2,035,000 | 1.23% |
| Lilly Eli & Co |
1.36%
10,077
|
$1,398,000 | 0.85% |
| Microsoft Corp. |
1.19%
8,610
|
$1,358,000 | 0.82% |
| Costco Whsl Corp New |
0.94%
4,610
|
$1,314,000 | 0.80% |
| Amazon.com, Inc. |
2.19%
653
|
$1,273,000 | 0.77% |
| Intel Corp. |
2.95%
23,007
|
$1,245,000 | 0.75% |
| American Tower Corp. |
2.26%
5,433
|
$1,183,000 | 0.72% |
| 3M Co. |
39.19%
8,541
|
$1,166,000 | 0.71% |
| UnitedHealth Group, Inc. |
3.03%
4,653
|
$1,160,000 | 0.70% |
| Procter & Gamble Co. |
2.45%
10,486
|
$1,153,000 | 0.70% |
| salesforce.com, inc. |
1.69%
7,803
|
$1,123,000 | 0.68% |
| Visa, Inc. |
2.33%
6,800
|
$1,096,000 | 0.66% |
| Alphabet, Inc. |
2.29%
939
|
$1,091,000 | 0.66% |
| Air Prods & Chems Inc |
2.73%
5,389
|
$1,076,000 | 0.65% |
| TC Energy Corp. |
4.35%
24,239
|
$1,074,000 | 0.65% |
| Pepsico Inc |
3.28%
8,940
|
$1,074,000 | 0.65% |
| Medtronic Plc |
3.45%
11,548
|
$1,041,000 | 0.63% |
| Lowes Cos Inc |
3.70%
11,676
|
$1,005,000 | 0.61% |
| Berkshire Hathaway Inc. |
3.29%
5,406
|
$988,000 | 0.60% |
| Union Pac Corp |
4.81%
6,884
|
$971,000 | 0.59% |
| Ecolab, Inc. |
3.78%
6,117
|
$953,000 | 0.58% |
| Disney Walt Co |
4.86%
9,298
|
$898,000 | 0.54% |
| Spdr Dow Jones Indl Avrg Etf |
4.62%
3,984
|
$873,000 | 0.53% |
| Ppg Inds Inc |
5.41%
10,197
|
$852,000 | 0.52% |
| Bk Of America Corp |
4.83%
38,522
|
$818,000 | 0.50% |
| Chevron Corp. |
17.19%
10,603
|
$768,000 | 0.47% |
| Welltower, Inc. |
6.04%
14,616
|
$669,000 | 0.41% |
| Pioneer Nat Res Co |
13.67%
8,705
|
$611,000 | 0.37% |
| Vaneck Vectors Etf Tr |
Closed
10,397
|
$522,000 | |
| The Boeing Co. |
10.83%
3,491
|
$521,000 | 0.32% |
| Spdr Ser Tr |
14.71%
12,370
|
$505,000 | 0.31% |
| Invesco Exchange Traded Fd T |
0.09%
5,452
|
$504,000 | 0.31% |
| Vanguard Bd Index Fds |
12.98%
3,682
|
$314,000 | 0.19% |
| Ishares Tr |
Opened
1,160
|
$300,000 | 0.18% |
| Exxon Mobil Corp. |
Opened
6,109
|
$232,000 | 0.14% |
| Vanguard Tax Managed Intl Fd |
Closed
5,006
|
$221,000 | |
| No transactions found | |||
| Showing first 500 out of 41 holdings | |||
Hedge funds similar to Bernicke Wealth Management
- Augustine Asset Management Inc
- Austin Private Wealth
- American Securities
- Allred Capital Management
- Dimeo Schneider & Associates, L.L.C
- Highside Global Management
- Tillar-wenstrup Advisors
- Prospect Capital Advisors
- Biltmore Family Office
- Eads & Heald Wealth Management
- Dpm Capital
- Fountaincap Research & Investment (hong Kong) Co
- Napier Park Global Capital (us) L.P.
- Mokosak Advisory