Precedent Wealth Partners 13F annual report
Precedent Wealth Partners is an investment fund managing more than $248 billion ran by Harold Williams. There are currently 89 companies in Mr. Williams’s portfolio. The largest investments include Vanguard Index Fds and Ishares Tr, together worth $96.2 billion.
$248 billion Assets Under Management (AUM)
As of 16th July 2024, Precedent Wealth Partners’s top holding is 95,598 shares of Vanguard Index Fds currently worth over $25.9 billion and making up 10.5% of the portfolio value.
In addition, the fund holds 1,467,246 shares of Ishares Tr worth $70.2 billion.
The third-largest holding is Wisdomtree Tr worth $20.8 billion and the next is Vanguard Tax-managed Fds worth $10.1 billion, with 204,634 shares owned.
Currently, Precedent Wealth Partners's portfolio is worth at least $248 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 Precedent Wealth Partners
The Precedent Wealth Partners office and employees reside in Houston, Texas. According to the last 13-F report filed with the SEC, Harold Williams serves as the Founder, Chief Compliance Officer at Precedent Wealth Partners.
Recent trades
In the most recent 13F filing, Precedent Wealth Partners revealed that it had opened a new position in
Select Sector Spdr Tr and bought 24,953 shares worth $2.27 billion.
The investment fund also strengthened its position in Vanguard Index Fds by buying
1,100 additional shares.
This makes their stake in Vanguard Index Fds total 95,598 shares worth $25.9 billion.
On the other hand, there are companies that Precedent Wealth Partners is getting rid of from its portfolio.
Precedent Wealth Partners closed its position in Dow Inc on 23rd July 2024.
It sold the previously owned 12,447 shares for $721 million.
Harold Williams also disclosed a decreased stake in Wisdomtree Tr by approximately 0.1%.
This leaves the value of the investment at $20.8 billion and 389,936 shares.
One of the smaller hedge funds
The two most similar investment funds to Precedent Wealth Partners are Longview Wealth Management and Narus Partners. They manage $248 billion and $248 billion respectively.
Harold Williams investment strategy
Precedent Wealth Partners’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 5.5% of
the total portfolio value.
The fund focuses on investments in the United States as
46.1% 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
45% of the total holdings value.
On the other hand, small-cap stocks make up only 1.1% of the portfolio.
The average market cap of the portfolio companies is close to $270 billion.
The complete list of Precedent Wealth Partners trades based on 13F SEC filings
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 |
|---|---|---|---|
| Vanguard Index Fds |
1.16%
95,598
|
$25,924,531,000 | 10.46% |
| Ishares Tr |
8.87%
1,467,246
|
$70,225,603,000 | 28.34% |
| Wisdomtree Tr |
3.32%
389,936
|
$20,810,921,000 | 8.40% |
| Vanguard Tax-managed Fds |
3.97%
204,634
|
$10,113,030,000 | 4.08% |
| Spdr Ser Tr |
35.76%
238,436
|
$14,727,457,000 | 5.94% |
| Invesco Exchange Traded Fd T |
9.30%
256,140
|
$10,765,835,000 | 4.34% |
| Vanguard Bd Index Fds |
2.05%
71,064
|
$5,321,998,000 | 2.15% |
| Apple Inc |
20.01%
18,449
|
$3,885,747,000 | 1.57% |
| Microsoft Corporation |
4.99%
7,977
|
$3,565,465,000 | 1.44% |
| Broadcom Inc |
3.17%
1,627
|
$2,612,921,000 | 1.05% |
| Spdr Sp Midcap 400 Etf Tr |
No change
4,691
|
$2,510,158,000 | 1.01% |
| Lam Research Corp. |
0.74%
2,267
|
$2,413,655,000 | 0.97% |
| Exxon Mobil Corp. |
15.23%
19,827
|
$2,282,454,000 | 0.92% |
| Select Sector Spdr Tr |
Opened
24,953
|
$2,274,459,000 | 0.92% |
| Vanguard Whitehall Fds |
20.67%
38,496
|
$3,158,509,000 | 1.27% |
| Williams-Sonoma, Inc. |
0.08%
6,400
|
$1,807,102,000 | 0.73% |
| Jpmorgan Chase Co |
4.02%
8,724
|
$1,764,442,000 | 0.71% |
| Chevron Corp. |
4.83%
9,927
|
$1,552,815,000 | 0.63% |
| AMGEN Inc. |
5.44%
4,810
|
$1,502,737,000 | 0.61% |
| Qualcomm, Inc. |
11.11%
7,301
|
$1,454,294,000 | 0.59% |
| NVIDIA Corp |
894.84%
11,182
|
$1,381,452,000 | 0.56% |
| Invesco Exch Trd Slf Idx Fd |
16.45%
435,901
|
$10,035,706,000 | 4.05% |
| Abbvie Inc |
5.46%
7,874
|
$1,350,542,000 | 0.55% |
| Mcdonalds Corp |
5.60%
5,278
|
$1,344,957,000 | 0.54% |
| Cisco Sys Inc |
18.28%
26,834
|
$1,274,884,000 | 0.51% |
| Accenture Plc Ireland |
19.74%
4,094
|
$1,242,271,000 | 0.50% |
| Pepsico Inc |
11.21%
7,264
|
$1,198,080,000 | 0.48% |
| Lockheed Martin Corp. |
7.11%
2,470
|
$1,153,854,000 | 0.47% |
| Cummins Inc. |
5.72%
4,124
|
$1,141,922,000 | 0.46% |
| Bank America Corp |
5.86%
28,642
|
$1,139,087,000 | 0.46% |
| Amazon.com Inc. |
3.27%
5,838
|
$1,128,187,000 | 0.46% |
| Merck Co Inc |
8.32%
9,026
|
$1,117,426,000 | 0.45% |
| Texas Instrs Inc |
21.24%
5,605
|
$1,090,372,000 | 0.44% |
| Kinder Morgan Inc |
13.90%
54,758
|
$1,088,043,000 | 0.44% |
| Metlife Inc |
6.05%
14,995
|
$1,052,473,000 | 0.42% |
| Spdr Sp 500 Etf Tr |
0.16%
1,927
|
$1,048,878,000 | 0.42% |
| Blackrock Inc. |
6.83%
1,329
|
$1,046,307,000 | 0.42% |
| Johnson Johnson |
9.69%
7,131
|
$1,042,225,000 | 0.42% |
| Automatic Data Processing In |
8.67%
4,122
|
$983,776,000 | 0.40% |
| Vanguard Mun Bd Fds |
17.77%
18,921
|
$948,152,000 | 0.38% |
| J P Morgan Exchange Traded F |
1.41%
17,381
|
$939,964,000 | 0.38% |
| Owens Corning |
16.20%
5,350
|
$929,452,000 | 0.38% |
| Clorox Co. |
0.76%
6,794
|
$927,225,000 | 0.37% |
| Philip Morris International Inc |
12.09%
8,884
|
$900,237,000 | 0.36% |
| Abbott Labs |
10.25%
8,658
|
$899,662,000 | 0.36% |
| Home Depot, Inc. |
5.68%
2,531
|
$871,237,000 | 0.35% |
| Kroger Co. |
9.55%
17,099
|
$853,753,000 | 0.34% |
| Duke Energy Corp. |
12.34%
8,475
|
$849,452,000 | 0.34% |
| United Parcel Service, Inc. |
12.18%
5,829
|
$797,665,000 | 0.32% |
| Dow Inc |
Closed
12,447
|
$721,063,000 | |
| Hershey Company |
8.47%
3,789
|
$696,597,000 | 0.28% |
| Comcast Corp New |
10.61%
17,770
|
$695,888,000 | 0.28% |
| Zoetis Inc |
20.52%
3,958
|
$686,212,000 | 0.28% |
| First Tr Exchange-traded Fd |
Opened
13,245
|
$669,137,000 | 0.27% |
| Pnc Finl Svcs Group Inc |
Opened
4,274
|
$664,492,000 | 0.27% |
| Alphabet Inc |
2.87%
7,066
|
$1,291,635,000 | 0.52% |
| Spdr Index Shs Fds |
Opened
12,859
|
$643,337,000 | 0.26% |
| Crown Castle Inc |
Closed
6,018
|
$636,851,000 | |
| Illinois Tool Wks Inc |
17.19%
2,665
|
$631,432,000 | 0.25% |
| Air Prods Chems Inc |
24.99%
2,351
|
$606,547,000 | 0.24% |
| Starbucks Corp. |
13.33%
7,609
|
$592,399,000 | 0.24% |
| Thermo Fisher Scientific Inc. |
Closed
1,017
|
$591,091,000 | |
| Campbell Soup Co. |
Closed
13,289
|
$590,702,000 | |
| Verizon Communications Inc |
22.17%
13,657
|
$563,232,000 | 0.23% |
| Meta Platforms Inc |
8.63%
1,095
|
$552,212,000 | 0.22% |
| J P Morgan Exchange Traded F |
Opened
9,844
|
$546,342,000 | 0.22% |
| Dominion Energy Inc |
37.86%
10,742
|
$526,362,000 | 0.21% |
| Wisdomtree Tr |
Closed
13,154
|
$521,293,000 | |
| Schwab Strategic Tr |
59.98%
10,575
|
$763,139,000 | 0.31% |
| Norfolk Southn Corp |
41.04%
2,314
|
$496,793,000 | 0.20% |
| American Express Co. |
15.03%
2,021
|
$467,963,000 | 0.19% |
| Oxford Inds Inc |
33.00%
4,445
|
$445,179,000 | 0.18% |
| Select Sector Spdr Tr |
No change
11,170
|
$1,293,679,000 | 0.52% |
| Vanguard Scottsdale Fds |
62.64%
1,698
|
$406,841,000 | 0.16% |
| Stryker Corp. |
10.40%
1,189
|
$404,557,000 | 0.16% |
| Visa Inc |
0.55%
1,461
|
$383,532,000 | 0.15% |
| Stellar Bancorp Inc |
No change
16,000
|
$367,360,000 | 0.15% |
| Williams Cos Inc |
11.83%
8,540
|
$362,949,000 | 0.15% |
| Costco Whsl Corp New |
25.83%
419
|
$356,318,000 | 0.14% |
| Vanguard World Fd |
2.26%
2,676
|
$341,377,000 | 0.14% |
| Intuit Inc |
Opened
512
|
$336,714,000 | 0.14% |
| Invesco Exch Trd Slf Idx Fd |
Opened
12,771
|
$321,957,000 | 0.13% |
| Schwab Strategic Tr |
Opened
3,146
|
$317,243,000 | 0.13% |
| Fidelity Natl Information Sv |
25.79%
4,190
|
$315,757,000 | 0.13% |
| Vanguard Specialized Funds |
0.58%
1,724
|
$314,716,000 | 0.13% |
| Tractor Supply Co. |
11.34%
1,129
|
$304,708,000 | 0.12% |
| Target Corp |
0.74%
2,039
|
$301,854,000 | 0.12% |
| Salesforce Inc |
Closed
904
|
$272,267,000 | |
| Invesco Exchange Traded Fd T |
Opened
13,742
|
$269,893,000 | 0.11% |
| Nike, Inc. |
Closed
2,620
|
$246,228,000 | |
| Berkshire Hathaway Inc. |
15.85%
600
|
$243,961,000 | 0.10% |
| Fidelity Covington Trust |
Opened
5,165
|
$241,619,000 | 0.10% |
| Spdr Ser Tr |
Opened
2,316
|
$240,259,000 | 0.10% |
| American Tower Corp. |
9.70%
1,219
|
$236,949,000 | 0.10% |
| Intel Corp. |
Closed
5,296
|
$233,922,000 | |
| Mastercard Incorporated |
0.78%
515
|
$227,300,000 | 0.09% |
| Vanguard Star Fds |
Closed
3,403
|
$205,201,000 | |
| Select Sector Spdr Tr |
Closed
1,612
|
$203,048,000 | |
| International Business Machs |
65.92%
1,166
|
$201,598,000 | 0.08% |
| No transactions found | |||
| Showing first 500 out of 99 holdings | |||
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