Milestone Asset Management 13F annual report
Milestone Asset Management is an investment fund managing more than $397 billion ran by Walter West. There are currently 128 companies in Mr. West’s portfolio. The largest investments include First Tr Exchng Traded Fd Vi and Spdr Ser Tr, together worth $97.2 billion.
$397 billion Assets Under Management (AUM)
As of 12th July 2024, Milestone Asset Management’s top holding is 2,197,286 shares of First Tr Exchng Traded Fd Vi currently worth over $68.7 billion and making up 17.3% of the portfolio value.
In addition, the fund holds 310,757 shares of Spdr Ser Tr worth $28.5 billion.
The third-largest holding is Rbb Fd Inc worth $28.1 billion and the next is Invesco Exch Trd Slf Idx Fd worth $26.6 billion, with 1,226,271 shares owned.
Currently, Milestone Asset Management's portfolio is worth at least $397 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 Milestone Asset Management
The Milestone Asset Management office and employees reside in Pittsburgh, Pennsylvania. According to the last 13-F report filed with the SEC, Walter West serves as the Member & Managing Partner at Milestone Asset Management.
Recent trades
In the most recent 13F filing, Milestone Asset Management revealed that it had opened a new position in
First Tr Exchng Traded Fd Vi and bought 404,043 shares worth $9.83 billion.
The investment fund also strengthened its position in First Tr Exchng Traded Fd Vi by buying
136,592 additional shares.
This makes their stake in First Tr Exchng Traded Fd Vi total 2,197,286 shares worth $68.7 billion.
On the other hand, there are companies that Milestone Asset Management is getting rid of from its portfolio.
Milestone Asset Management closed its position in Spdr Ser Tr on 19th July 2024.
It sold the previously owned 484,908 shares for $12.5 billion.
Walter West also disclosed a decreased stake in Invesco Exch Trd Slf Idx Fd by 0.3%.
This leaves the value of the investment at $26.6 billion and 1,226,271 shares.
One of the average hedge funds
The two most similar investment funds to Milestone Asset Management are River Global Investors LL.P. and Lmg Wealth Partners. They manage $397 billion and $397 billion respectively.
Walter West investment strategy
Milestone Asset Management’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 7.2% of
the total portfolio value.
The fund focuses on investments in the United States as
44.5% 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
42% of the total holdings value.
On the other hand, small-cap stocks make up only 2.3% of the portfolio.
The average market cap of the portfolio companies is close to $210 billion.
The complete list of Milestone Asset Management trades based on 13F SEC filings
These positions were updated on July 19th 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 |
|---|---|---|---|
| First Tr Exchng Traded Fd Vi |
6.63%
2,197,286
|
$68,662,093,000 | 17.28% |
| Spdr Ser Tr |
436.65%
310,757
|
$28,521,295,000 | 7.18% |
| Rbb Fd Inc |
439.82%
560,340
|
$28,061,867,000 | 7.06% |
| Invesco Exch Trd Slf Idx Fd |
26.24%
1,226,271
|
$26,624,696,000 | 6.70% |
| Spdr Sp 500 Etf Tr |
4.88%
22,621
|
$12,311,053,000 | 3.10% |
| First Tr Exchng Traded Fd Vi |
Opened
404,043
|
$9,826,326,000 | 2.47% |
| Microsoft Corporation |
15.72%
20,377
|
$9,107,641,000 | 2.29% |
| Pimco Etf Tr |
Opened
156,499
|
$11,915,246,000 | 3.00% |
| Apple Inc |
20.34%
36,215
|
$7,627,707,000 | 1.92% |
| Spdr Ser Tr |
Closed
484,908
|
$12,530,579,000 | |
| Ishares Tr |
Closed
124,386
|
$6,549,979,000 | |
| Vanguard Scottsdale Fds |
Closed
79,996
|
$6,258,087,000 | |
| Proshares Tr |
9.57%
63,217
|
$5,221,724,000 | 1.31% |
| NVIDIA Corp |
873.65%
40,426
|
$4,994,273,000 | 1.26% |
| Unitedhealth Group Inc |
28.40%
9,423
|
$4,798,815,000 | 1.21% |
| Etf Ser Solutions |
1.74%
146,873
|
$4,772,462,000 | 1.20% |
| Ishares Tr |
16.68%
226,783
|
$17,865,093,000 | 4.50% |
| Ishares Tr |
Opened
112,818
|
$5,487,600,000 | 1.38% |
| Ssga Active Etf Tr |
Opened
112,470
|
$4,467,309,000 | 1.12% |
| Invesco Exch Traded Fd Tr Ii |
Opened
166,185
|
$4,383,960,000 | 1.10% |
| J P Morgan Exchange Traded F |
12.14%
142,286
|
$7,982,624,000 | 2.01% |
| American Express Co. |
22.96%
17,149
|
$3,970,899,000 | 1.00% |
| Travelers Companies Inc. |
25.16%
18,490
|
$3,759,857,000 | 0.95% |
| First Tr Exchange-traded Fd |
21.76%
192,965
|
$6,450,121,000 | 1.62% |
| Innovator ETFs Trust |
46.22%
516,895
|
$17,655,989,000 | 4.44% |
| Pimco Etf Tr |
21.20%
36,310
|
$3,397,595,000 | 0.86% |
| Chevron Corp. |
3.09%
18,465
|
$2,888,433,000 | 0.73% |
| International Business Machs |
30.75%
14,793
|
$2,558,449,000 | 0.64% |
| Lockheed Martin Corp. |
59.51%
5,409
|
$2,526,544,000 | 0.64% |
| First Tr Exchange-traded Fd |
Opened
76,697
|
$3,425,144,000 | 0.86% |
| Texas Instrs Inc |
6.88%
11,416
|
$2,220,755,000 | 0.56% |
| Spdr Gold Tr |
248.26%
10,211
|
$2,195,611,000 | 0.55% |
| Ishares Silver Tr |
54.85%
82,225
|
$2,184,718,000 | 0.55% |
| Lam Research Corp. |
9.11%
1,986
|
$2,114,940,000 | 0.53% |
| Ulta Beauty Inc |
Closed
3,340
|
$1,746,419,000 | |
| Cisco Sys Inc |
27.88%
35,645
|
$1,693,510,000 | 0.43% |
| Corcept Therapeutics Inc |
47.40%
51,599
|
$1,676,452,000 | 0.42% |
| Dow Inc |
Closed
28,888
|
$1,673,499,000 | |
| Arista Networks Inc |
28.95%
4,676
|
$1,638,845,000 | 0.41% |
| Jpmorgan Chase Co. |
93.08%
7,868
|
$1,591,382,000 | 0.40% |
| Gilead Sciences, Inc. |
80.87%
22,177
|
$1,521,564,000 | 0.38% |
| Pfizer Inc. |
154.67%
54,051
|
$1,512,382,000 | 0.38% |
| Gen Digital Inc |
Closed
67,011
|
$1,501,046,000 | |
| Avery Dennison Corp. |
Closed
6,683
|
$1,491,980,000 | |
| EA Series Trust |
23.28%
52,215
|
$1,477,966,000 | 0.37% |
| Kimberly-Clark Corp. |
28.68%
10,683
|
$1,476,515,000 | 0.37% |
| Pimco Strategic Income Fd |
170.82%
234,836
|
$1,458,332,000 | 0.37% |
| Analog Devices Inc. |
Closed
7,346
|
$1,452,965,000 | |
| Telefonaktiebolaget Lm Erics |
Closed
262,354
|
$1,445,571,000 | |
| Procter And Gamble Co |
24.25%
8,628
|
$1,422,984,000 | 0.36% |
| VanEck ETF Trust |
63.12%
45,753
|
$1,729,748,000 | 0.44% |
| Mckesson Corporation |
Opened
2,386
|
$1,393,519,000 | 0.35% |
| Old Dominion Freight Line In |
1.48%
7,855
|
$1,387,193,000 | 0.35% |
| Palantir Technologies Inc. |
179.38%
54,142
|
$1,371,417,000 | 0.35% |
| Check Point Software Tech Lt |
Opened
8,225
|
$1,357,125,000 | 0.34% |
| Monolithic Pwr Sys Inc |
37.04%
1,635
|
$1,343,475,000 | 0.34% |
| Cintas Corporation |
Opened
1,882
|
$1,317,890,000 | 0.33% |
| Lauder Estee Cos Inc |
4.02%
11,856
|
$1,261,478,000 | 0.32% |
| Ishares Inc |
11.18%
27,517
|
$1,183,237,000 | 0.30% |
| Dell Technologies Inc |
46.74%
8,444
|
$1,164,512,000 | 0.29% |
| T Rowe Price Etf Inc |
2.72%
23,324
|
$1,152,905,000 | 0.29% |
| Invesco Exchange Traded Fd T |
9.67%
7,011
|
$1,151,772,000 | 0.29% |
| L3Harris Technologies Inc |
89.25%
5,034
|
$1,130,536,000 | 0.28% |
| Caterpillar Inc. |
Opened
3,361
|
$1,119,549,000 | 0.28% |
| Akamai Technologies Inc |
0.72%
12,066
|
$1,086,905,000 | 0.27% |
| General Dynamics Corp. |
26.69%
3,717
|
$1,078,450,000 | 0.27% |
| Huntington Ingalls Inds Inc |
11.32%
4,378
|
$1,078,433,000 | 0.27% |
| Invesco Db Us Dlr Index Tr |
Opened
36,879
|
$1,074,285,000 | 0.27% |
| Eli Lilly Co |
19.55%
1,177
|
$1,065,633,000 | 0.27% |
| Spdr Ser Tr |
Opened
11,118
|
$1,048,094,000 | 0.26% |
| Northrop Grumman Corp. |
Opened
2,332
|
$1,016,635,000 | 0.26% |
| Crowdstrike Holdings Inc |
133.10%
2,613
|
$1,001,275,000 | 0.25% |
| Waters Corp. |
Opened
3,386
|
$982,347,000 | 0.25% |
| Meta Platforms Inc |
13.91%
1,918
|
$967,240,000 | 0.24% |
| Advanced Micro Devices Inc. |
242.77%
5,882
|
$954,119,000 | 0.24% |
| Consolidated Edison, Inc. |
131.50%
10,665
|
$953,664,000 | 0.24% |
| Abbvie Inc |
109.65%
5,434
|
$932,170,000 | 0.23% |
| Tesla Inc |
39.37%
4,528
|
$896,000,000 | 0.23% |
| Hubbell Inc. |
Opened
2,446
|
$893,964,000 | 0.23% |
| Select Sector Spdr Tr |
24.97%
13,447
|
$1,542,593,000 | 0.39% |
| Berkshire Hathaway Inc. |
41.67%
2,050
|
$1,445,774,000 | 0.36% |
| Exxon Mobil Corp. |
0.14%
7,109
|
$818,402,000 | 0.21% |
| Equinor ASA |
Opened
27,805
|
$794,110,000 | 0.20% |
| Novo-nordisk A S |
Opened
5,523
|
$788,353,000 | 0.20% |
| Salesforce Inc |
9.08%
3,063
|
$787,511,000 | 0.20% |
| Petroleo Brasileiro Sa Petro |
340.28%
52,882
|
$766,260,000 | 0.19% |
| Vale S.A. |
359.49%
68,413
|
$764,173,000 | 0.19% |
| Disney Walt Co |
3.87%
7,601
|
$754,748,000 | 0.19% |
| Visa Inc |
4.60%
2,864
|
$751,867,000 | 0.19% |
| Cencora Inc. |
278.50%
3,327
|
$749,625,000 | 0.19% |
| Amazon.com Inc. |
13.99%
3,846
|
$743,240,000 | 0.19% |
| Walmart Inc |
14.61%
10,848
|
$734,518,000 | 0.18% |
| Costco Whsl Corp New |
37.52%
854
|
$725,891,000 | 0.18% |
| Waste Mgmt Inc Del |
75.77%
3,315
|
$707,222,000 | 0.18% |
| CareTrust REIT Inc |
155.21%
27,813
|
$698,106,000 | 0.18% |
| Bjs Whsl Club Hldgs Inc |
Closed
8,104
|
$613,067,000 | |
| Alphabet Inc |
6.89%
3,295
|
$600,205,000 | 0.15% |
| Lantheus Holdings Inc |
Closed
9,557
|
$594,827,000 | |
| Exelixis Inc |
4.00%
25,946
|
$583,007,000 | 0.15% |
| Fidelity Merrimack Str Tr |
41.45%
12,704
|
$570,791,000 | 0.14% |
| Enterprise Prods Partners L |
6.94%
19,394
|
$562,039,000 | 0.14% |
| Cardinal Health, Inc. |
7.73%
5,689
|
$559,342,000 | 0.14% |
| Lancaster Colony Corp. |
Opened
2,892
|
$546,501,000 | 0.14% |
| Air Prods Chems Inc |
2.23%
2,108
|
$544,059,000 | 0.14% |
| Pacer Fds Tr |
85.57%
7,178
|
$517,462,000 | 0.13% |
| Amn Healthcare Svcs Inc |
Opened
9,595
|
$491,552,000 | 0.12% |
| RTX Corp |
Opened
4,755
|
$477,454,000 | 0.12% |
| Taiwan Semiconductor Mfg Ltd |
2.98%
2,629
|
$457,106,000 | 0.12% |
| Global X Fds |
0.35%
34,621
|
$817,085,000 | 0.21% |
| First Tr Exch Trd Alphdx Fd |
Opened
7,467
|
$450,169,000 | 0.11% |
| Spdr Sp Midcap 400 Etf Tr |
118.77%
816
|
$436,625,000 | 0.11% |
| Elevance Health Inc |
8.91%
782
|
$423,852,000 | 0.11% |
| Leidos Holdings Inc |
2.41%
2,764
|
$403,212,000 | 0.10% |
| Vanguard Index Fds |
17.88%
3,355
|
$737,010,000 | 0.19% |
| Booking Holdings Inc |
16.67%
98
|
$388,310,000 | 0.10% |
| Schwab Charles Corp |
14.08%
5,258
|
$387,492,000 | 0.10% |
| Etfis Ser Tr I |
9.03%
16,909
|
$383,327,000 | 0.10% |
| IQVIA Holdings Inc |
15.01%
1,716
|
$362,831,000 | 0.09% |
| Marriott Intl Inc New |
11.57%
1,485
|
$359,028,000 | 0.09% |
| Ishares Inc |
Closed
6,170
|
$355,207,000 | |
| Main Str Cap Corp |
5.78%
6,515
|
$328,975,000 | 0.08% |
| Realty Income Corp. |
5.74%
6,209
|
$327,965,000 | 0.08% |
| Tjx Cos Inc New |
No change
2,976
|
$327,658,000 | 0.08% |
| Mastercard Incorporated |
11.94%
731
|
$322,526,000 | 0.08% |
| Vanguard Index Fds |
Opened
1,318
|
$319,088,000 | 0.08% |
| GE Aerospace |
No change
1,978
|
$314,597,000 | 0.08% |
| Wisdomtree Tr |
Opened
6,547
|
$298,478,000 | 0.08% |
| Starbucks Corp. |
31.48%
3,613
|
$281,321,000 | 0.07% |
| AMGEN Inc. |
42.94%
893
|
$279,018,000 | 0.07% |
| Select Sector Spdr Tr |
Opened
13,415
|
$951,249,000 | 0.24% |
| Diageo plc |
Opened
1,990
|
$250,899,000 | 0.06% |
| Ionq Inc |
Opened
35,252
|
$247,822,000 | 0.06% |
| Intel Corp. |
78.61%
7,951
|
$246,243,000 | 0.06% |
| Mcdonalds Corp |
Closed
856
|
$241,349,000 | |
| Carmax Inc |
Opened
3,258
|
$238,942,000 | 0.06% |
| Home Depot, Inc. |
Opened
683
|
$235,242,000 | 0.06% |
| Caribou Biosciences Inc |
Opened
142,310
|
$233,388,000 | 0.06% |
| Goldman Sachs Etf Tr |
Closed
2,308
|
$232,854,000 | |
| abrdn Healthcare Investors |
0.43%
13,228
|
$230,961,000 | 0.06% |
| Steel Dynamics Inc. |
Closed
1,500
|
$222,345,000 | |
| Ark Etf Tr |
31.50%
5,031
|
$221,112,000 | 0.06% |
| Accenture Plc Ireland |
Closed
632
|
$219,058,000 | |
| Adobe Inc |
35.49%
378
|
$209,994,000 | 0.05% |
| Etf Ser Solutions |
Closed
8,728
|
$209,452,000 | |
| Pepsico Inc |
5.96%
1,246
|
$205,649,000 | 0.05% |
| Rocket Lab Usa Inc |
Closed
29,852
|
$122,692,000 | |
| No transactions found | |||
| Showing first 500 out of 146 holdings | |||
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