Fonville Wealth Management 13F annual report

Fonville Wealth Management is an investment fund managing more than $252 billion ran by Mark Fonville. There are currently 44 companies in Mr. Fonville’s portfolio. The largest investments include Dimensional Etf Trust and Vanguard Bd Index Fds, together worth $76.4 billion.

Limited to 30 biggest holdings

$252 billion Assets Under Management (AUM)

As of 23rd July 2024, Fonville Wealth Management’s top holding is 1,170,170 shares of Dimensional Etf Trust currently worth over $40.8 billion and making up 16.2% of the portfolio value. In addition, the fund holds 570,876 shares of Vanguard Bd Index Fds worth $35.6 billion. The third-largest holding is American Centy Etf Tr worth $44.2 billion and the next is Vanguard Index Fds worth $33.4 billion, with 159,436 shares owned.

Currently, Fonville Wealth Management's portfolio is worth at least $252 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 Fonville Wealth Management

The Fonville Wealth Management office and employees reside in Richmond, Virginia. According to the last 13-F report filed with the SEC, Mark Fonville serves as the President/CEO and Chief Compliance Officer at Fonville Wealth Management.

Recent trades

In the most recent 13F filing, Fonville Wealth Management revealed that it had opened a new position in Schwab Strategic Tr and bought 3,965 shares worth $309 million.

The investment fund also strengthened its position in Dimensional Etf Trust by buying 137,565 additional shares. This makes their stake in Dimensional Etf Trust total 1,170,170 shares worth $40.8 billion.

On the other hand, there are companies that Fonville Wealth Management is getting rid of from its portfolio. Fonville Wealth Management closed its position in Spdr Ser Tr on 30th July 2024. It sold the previously owned 2,802 shares for $257 million. Mark Fonville also disclosed a decreased stake in Vanguard Specialized Funds by approximately 0.1%. This leaves the value of the investment at $3.57 billion and 19,529 shares.

One of the smaller hedge funds

The two most similar investment funds to Fonville Wealth Management are Marathon Trading Investment Management and Immersion Capital LL.P.. They manage $252 billion and $252 billion respectively.

Mark Fonville investment strategy

Fonville Wealth Management’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 2.6% of the total portfolio value. The fund focuses on investments in the United States as 40.9% 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 41% 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 $495 billion.

The complete list of Fonville Wealth Management trades based on 13F SEC filings

These positions were updated on July 30th 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
Dimensional Etf Trust	13.32% 1,170,170	$40,791,926,000	16.16%
Vanguard Bd Index Fds	28.06% 570,876	$35,622,651,000	14.12%
American Centy Etf Tr	13.14% 633,046	$44,183,784,000	17.51%
Vanguard Index Fds	8.81% 159,436	$33,400,104,000	13.24%
Vanguard Tax-managed Fds	4.83% 136,408	$6,741,302,000	2.67%
Ishares Tr	7.52% 558,227	$41,717,498,000	16.53%
Apple Inc	11.97% 21,884	$4,609,322,000	1.83%
Spdr Index Shs Fds	15.63% 95,995	$3,616,109,000	1.43%
Vanguard Specialized Funds	2.66% 19,529	$3,565,239,000	1.41%
Microsoft Corporation	5.94% 7,565	$3,381,236,000	1.34%
Spdr Ser Tr	1.39% 167,723	$6,634,949,000	2.63%
General Dynamics Corp.	No change 9,635	$2,795,499,000	1.11%
Vanguard Whitehall Fds	2.48% 23,043	$2,474,407,000	0.98%
Amazon.com Inc.	23.15% 8,394	$1,622,156,000	0.64%
Schwab Strategic Tr	2.16% 169,104	$6,976,980,000	2.76%
Vanguard World Fd	3.18% 2,010	$1,158,725,000	0.46%
Vanguard Star Fds	1.56% 18,444	$1,112,199,000	0.44%
First Tr Value Line Divid In	2.52% 25,648	$1,045,148,000	0.41%
Marriott Intl Inc New	0.37% 4,057	$980,934,000	0.39%
NVIDIA Corp	1,649.09% 6,734	$831,870,000	0.33%
Alphabet Inc	88.19% 5,830	$1,064,091,000	0.42%
RTX Corp	2.85% 7,225	$725,318,000	0.29%
Palo Alto Networks Inc	4.39% 1,901	$644,459,000	0.26%
Exxon Mobil Corp.	8.74% 4,990	$574,465,000	0.23%
Accenture Plc Ireland	3.10% 1,565	$474,702,000	0.19%
Vanguard Scottsdale Fds	6.64% 5,866	$453,295,000	0.18%
Willis Towers Watson Plc Ltd	0.06% 1,555	$407,628,000	0.16%
Vanguard Intl Equity Index F	No change 6,529	$382,861,000	0.15%
Costco Whsl Corp New	4.00% 442	$375,696,000	0.15%
The Southern Co.	7.55% 4,310	$334,330,000	0.13%
Abbvie Inc	0.10% 1,938	$332,407,000	0.13%
Tesla Inc	27.20% 1,651	$326,700,000	0.13%
Schwab Strategic Tr	Opened 3,965	$309,408,000	0.12%
Truist Finl Corp	0.25% 7,704	$299,297,000	0.12%
J P Morgan Exchange Traded F	1.50% 6,047	$274,599,000	0.11%
Berkshire Hathaway Inc.	15.04% 673	$273,777,000	0.11%
Spdr Ser Tr	Closed 2,802	$257,224,000
Meta Platforms Inc	10.91% 490	$247,349,000	0.10%
Spdr Sp 500 Etf Tr	3.67% 452	$246,357,000	0.10%
Procter And Gamble Co	Opened 1,470	$242,370,000	0.10%
Eli Lilly Co	Closed 305	$237,278,000
Blackstone Inc	Opened 1,851	$229,154,000	0.09%
Leidos Holdings Inc	No change 1,569	$228,886,000	0.09%
Walmart Inc	Opened 3,339	$226,084,000	0.09%
Cisco Sys Inc	Opened 4,548	$216,083,000	0.09%
Verizon Communications Inc	3.28% 4,969	$204,922,000	0.08%
No transactions found
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