Forthright Wealth Management 13F annual report
Forthright Wealth Management is an investment fund managing more than $278 billion ran by Anthony Austreng. There are currently 50 companies in Mr. Austreng’s portfolio. The largest investments include Vanguard Index Fds and Proshares Tr, together worth $85.2 billion.
$278 billion Assets Under Management (AUM)
As of 5th July 2024, Forthright Wealth Management’s top holding is 114,914 shares of Vanguard Index Fds currently worth over $47.7 billion and making up 17.1% of the portfolio value.
In addition, the fund holds 413,714 shares of Proshares Tr worth $37.5 billion.
The third-largest holding is Ishares Tr worth $65.1 billion and the next is Schwab Strategic Tr worth $42.5 billion, with 699,522 shares owned.
Currently, Forthright Wealth Management's portfolio is worth at least $278 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 Forthright Wealth Management
The Forthright Wealth Management office and employees reside in Alpharetta, Georgia. According to the last 13-F report filed with the SEC, Anthony Austreng serves as the Chief Compliance Officer at Forthright Wealth Management.
Recent trades
In the most recent 13F filing, Forthright Wealth Management revealed that it had opened a new position in
First Tr Exchng Traded Fd Vi and bought 6,035 shares worth $269 million.
The investment fund also strengthened its position in Vanguard Index Fds by buying
1,150 additional shares.
This makes their stake in Vanguard Index Fds total 114,914 shares worth $47.7 billion.
On the other hand, there are companies that Forthright Wealth Management is getting rid of from its portfolio.
Forthright Wealth Management closed its position in Duke on 12th July 2024.
It sold the previously owned 3,651 shares for $353 million.
Anthony Austreng also disclosed a decreased stake in Proshares Tr by approximately 0.1%.
This leaves the value of the investment at $37.5 billion and 413,714 shares.
One of the smaller hedge funds
The two most similar investment funds to Forthright Wealth Management are Boyd Watterson Asset Management oh and Bay Harbor Wealth Management. They manage $278 billion and $278 billion respectively.
Anthony Austreng investment strategy
Forthright Wealth Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.2% of
the total portfolio value.
The fund focuses on investments in the United States as
44.0% 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
40% of the total holdings value.
On the other hand, small-cap stocks make up only 2.0% of the portfolio.
The average market cap of the portfolio companies is close to $384 billion.
The complete list of Forthright Wealth Management trades based on 13F SEC filings
These positions were updated on July 12th 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 Index Fds |
1.01%
114,914
|
$47,704,395,000 | 17.15% |
| Proshares Tr |
1.26%
413,714
|
$37,486,431,000 | 13.47% |
| Ishares Tr |
7.74%
784,345
|
$65,062,123,000 | 23.38% |
| Schwab Strategic Tr |
7.68%
699,522
|
$42,492,866,000 | 15.27% |
| Vanguard Bd Index Fds |
10.05%
219,523
|
$16,440,089,000 | 5.91% |
| J P Morgan Exchange Traded F |
31.65%
195,674
|
$9,221,121,000 | 3.31% |
| Vanguard Mun Bd Fds |
8.52%
143,506
|
$7,191,068,000 | 2.58% |
| Amplify Etf Tr |
3.52%
140,184
|
$5,425,134,000 | 1.95% |
| Spdr Sp 500 Etf Tr |
0.31%
7,744
|
$4,214,666,000 | 1.51% |
| Alps Etf Tr |
3.77%
121,122
|
$3,594,709,000 | 1.29% |
| Hartford Fds Exchange Traded |
70.38%
82,699
|
$3,220,298,000 | 1.16% |
| First Tr Exchange Traded Fd |
1.13%
141,894
|
$3,168,657,000 | 1.14% |
| First Tr Exchange-traded Fd |
17.32%
30,348
|
$2,550,428,000 | 0.92% |
| Home Depot, Inc. |
2.64%
6,810
|
$2,344,266,000 | 0.84% |
| Invesco Exchange Traded Fd T |
3.70%
38,193
|
$2,341,254,000 | 0.84% |
| Visa Inc |
No change
8,441
|
$2,215,509,000 | 0.80% |
| Apple Inc |
5.80%
10,322
|
$2,174,113,000 | 0.78% |
| Marathon Pete Corp |
3.38%
10,782
|
$1,870,461,000 | 0.67% |
| Procter And Gamble Co |
0.50%
10,710
|
$1,766,317,000 | 0.63% |
| Progressive Corp. |
No change
7,824
|
$1,625,123,000 | 0.58% |
| United Parcel Service, Inc. |
0.01%
9,535
|
$1,304,846,000 | 0.47% |
| HF Sinclair Corporation |
No change
21,646
|
$1,154,598,000 | 0.41% |
| The Southern Co. |
0.37%
13,756
|
$1,067,055,000 | 0.38% |
| Microsoft Corporation |
No change
2,129
|
$951,681,000 | 0.34% |
| Amazon.com Inc. |
No change
4,810
|
$929,532,000 | 0.33% |
| Alphabet Inc |
6.91%
5,957
|
$1,091,028,000 | 0.39% |
| Docgo Inc |
No change
269,887
|
$833,951,000 | 0.30% |
| Aflac Inc. |
18.17%
8,636
|
$771,316,000 | 0.28% |
| Vanguard Scottsdale Fds |
0.05%
8,056
|
$755,770,000 | 0.27% |
| First Tr Lrge Cp Core Alpha |
No change
7,166
|
$695,030,000 | 0.25% |
| Spdr Ser Tr |
3.74%
13,065
|
$636,781,000 | 0.23% |
| Genuine Parts Co. |
No change
4,177
|
$577,763,000 | 0.21% |
| Coca-Cola Co |
0.05%
7,525
|
$478,972,000 | 0.17% |
| Exxon Mobil Corp. |
2.52%
3,634
|
$418,346,000 | 0.15% |
| Walmart Inc |
0.05%
5,890
|
$398,801,000 | 0.14% |
| NVIDIA Corp |
900.00%
2,980
|
$368,197,000 | 0.13% |
| Truist Finl Corp |
7.55%
9,313
|
$361,795,000 | 0.13% |
| Travelers Companies Inc. |
No change
1,754
|
$356,658,000 | 0.13% |
| Mckesson Corporation |
2.56%
610
|
$356,264,000 | 0.13% |
| Duke Energy Corp. |
Closed
3,651
|
$353,041,000 | |
| First Tr Exchng Traded Fd Vi |
No change
7,385
|
$339,943,000 | 0.12% |
| Oracle Corp. |
No change
2,298
|
$324,478,000 | 0.12% |
| Vanguard Admiral Fds Inc |
6.45%
885
|
$295,103,000 | 0.11% |
| First Tr Exchng Traded Fd Vi |
Opened
6,035
|
$269,463,000 | 0.10% |
| Mohawk Inds Inc |
No change
2,240
|
$254,442,000 | 0.09% |
| Bank America Corp |
0.51%
6,161
|
$245,035,000 | 0.09% |
| AGCO Corp. |
Closed
1,961
|
$241,295,000 | |
| Haverty Furniture Cos., Inc. |
Closed
7,000
|
$238,840,000 | |
| Vanguard Specialized Funds |
8.66%
1,277
|
$233,116,000 | 0.08% |
| Chevron Corp. |
0.34%
1,481
|
$231,680,000 | 0.08% |
| Caterpillar Inc. |
Closed
584
|
$213,995,000 | |
| Schwab Strategic Tr |
Opened
2,093
|
$211,058,000 | 0.08% |
| Johnson Johnson |
Closed
1,295
|
$204,856,000 | |
| Kimberly-Clark Corp. |
Opened
1,475
|
$203,845,000 | 0.07% |
| AIM ImmunoTech Inc |
No change
20,000
|
$7,454,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 55 holdings | |||
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