Sound Strategies 13F annual report
Sound Strategies is an investment fund managing more than $115 billion ran by Joel Jr. There are currently 72 companies in Mr. Jr’s portfolio. The largest investments include Ishares Tr and Tidal Tr Ii, together worth $52.7 billion.
$115 billion Assets Under Management (AUM)
As of 5th August 2024, Sound Strategies’s top holding is 443,040 shares of Ishares Tr currently worth over $43.3 billion and making up 37.6% of the portfolio value.
In addition, the fund holds 368,050 shares of Tidal Tr Ii worth $9.37 billion.
The third-largest holding is Litman Gregory Fds Tr worth $4.8 billion and the next is KraneShares Trust worth $4.43 billion, with 152,052 shares owned.
Currently, Sound Strategies's portfolio is worth at least $115 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 Sound Strategies
The Sound Strategies office and employees reside in Madison, Mississippi. According to the last 13-F report filed with the SEC, Joel Jr serves as the Chief Compliance Officer at Sound Strategies.
Recent trades
In the most recent 13F filing, Sound Strategies revealed that it had opened a new position in
Timothy Plan and bought 184,254 shares worth $5.73 billion.
This means they effectively own approximately 0.1% of the company.
Timothy Plan makes up
99.7%
of the fund's Miscellaneous sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in KraneShares Trust by buying
4,514 additional shares.
This makes their stake in KraneShares Trust total 152,052 shares worth $4.43 billion.
KraneShares Trust dropped approximately 0.1% in the past year.
On the other hand, there are companies that Sound Strategies is getting rid of from its portfolio.
Sound Strategies closed its position in Colgate-Palmolive Co on 12th August 2024.
It sold the previously owned 7,154 shares for $644 million.
Joel Jr also disclosed a decreased stake in Ishares Tr by 0.4%.
This leaves the value of the investment at $43.3 billion and 443,040 shares.
One of the smallest hedge funds
The two most similar investment funds to Sound Strategies are Newview Capital Partners I and Davis Capital Management. They manage $115 billion and $115 billion respectively.
Joel Jr investment strategy
Sound Strategies’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Industrials — making up 5.5% of
the total portfolio value.
The fund focuses on investments in the United States as
45.8% 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
51% of the total holdings value.
On the other hand, small-cap stocks make up only 4.2% of the portfolio.
The average market cap of the portfolio companies is close to $85.5 billion.
The complete list of Sound Strategies trades based on 13F SEC filings
These positions were updated on August 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 |
|---|---|---|---|
| Ishares Tr |
35.69%
443,040
|
$43,296,948,000 | 37.62% |
| Tidal Tr Ii |
3.13%
368,050
|
$9,366,873,000 | 8.14% |
| Litman Gregory Fds Tr |
4.50%
159,841
|
$4,804,820,000 | 4.18% |
| KraneShares Trust |
3.06%
152,052
|
$4,433,836,000 | 3.85% |
| Timothy Plan |
Opened
184,254
|
$5,733,972,000 | 4.98% |
| Northern Lts Fd Tr Iv |
Opened
128,904
|
$3,996,412,000 | 3.47% |
| Proshares Tr |
42.61%
12,253
|
$1,177,881,000 | 1.02% |
| C.H. Robinson Worldwide, Inc. |
49.91%
9,762
|
$860,227,000 | 0.75% |
| Spdr Ser Tr |
4.94%
16,045
|
$1,523,744,000 | 1.32% |
| Essex Ppty Tr Inc |
Opened
2,910
|
$792,102,000 | 0.69% |
| Ishares Tr |
Opened
28,134
|
$2,691,295,000 | 2.34% |
| Air Prods & Chems Inc |
51.08%
2,999
|
$773,892,000 | 0.67% |
| Expeditors Intl Wash Inc |
24.62%
6,165
|
$769,330,000 | 0.67% |
| Ecolab, Inc. |
1.56%
3,215
|
$765,170,000 | 0.66% |
| S&P Global Inc |
144.14%
1,709
|
$762,214,000 | 0.66% |
| Kimberly-Clark Corp. |
23.03%
5,481
|
$757,474,000 | 0.66% |
| Brown & Brown, Inc. |
Opened
8,469
|
$757,213,000 | 0.66% |
| Aflac Inc. |
14.41%
8,438
|
$753,628,000 | 0.65% |
| Roper Technologies Inc |
16.92%
1,327
|
$747,977,000 | 0.65% |
| Dover Corp. |
1.87%
4,144
|
$747,785,000 | 0.65% |
| Coca-Cola Co |
23.81%
11,712
|
$745,469,000 | 0.65% |
| Cintas Corporation |
2.04%
1,057
|
$740,175,000 | 0.64% |
| Price T Rowe Group Inc |
Opened
6,346
|
$731,757,000 | 0.64% |
| Vanguard Index Fds |
Opened
3,529
|
$751,913,000 | 0.65% |
| Emerson Elec Co |
6.64%
6,486
|
$714,498,000 | 0.62% |
| Chubb Limited |
9.73%
2,798
|
$713,714,000 | 0.62% |
| Atmos Energy Corp. |
20.77%
6,042
|
$704,799,000 | 0.61% |
| Linde Plc. |
10.01%
1,604
|
$703,851,000 | 0.61% |
| General Dynamics Corp. |
Opened
2,416
|
$700,978,000 | 0.61% |
| Cincinnati Finl Corp |
9.35%
5,918
|
$698,916,000 | 0.61% |
| Church & Dwight Co., Inc. |
8.36%
6,699
|
$694,552,000 | 0.60% |
| Sherwin-Williams Co. |
4.56%
2,314
|
$690,567,000 | 0.60% |
| Medtronic Plc |
Opened
8,771
|
$690,365,000 | 0.60% |
| Automatic Data Processing In |
20.47%
2,890
|
$689,814,000 | 0.60% |
| Abbott Labs |
150.06%
6,629
|
$688,819,000 | 0.60% |
| Consolidated Edison, Inc. |
26.04%
7,702
|
$688,713,000 | 0.60% |
| Pentair plc |
4.34%
8,952
|
$686,350,000 | 0.60% |
| Exxon Mobil Corp. |
17.30%
5,961
|
$686,230,000 | 0.60% |
| International Business Machs |
3.50%
3,934
|
$680,385,000 | 0.59% |
| Lowes Cos Inc |
10.26%
3,084
|
$679,899,000 | 0.59% |
| Grainger W W Inc |
0.92%
752
|
$678,484,000 | 0.59% |
| Smith A O Corp |
2.55%
8,200
|
$670,596,000 | 0.58% |
| Illinois Tool Wks Inc |
17.58%
2,829
|
$670,360,000 | 0.58% |
| Caterpillar Inc. |
10.70%
2,002
|
$666,866,000 | 0.58% |
| Mcdonalds Corp |
26.92%
2,612
|
$665,642,000 | 0.58% |
| Sysco Corp. |
Opened
9,224
|
$658,501,000 | 0.57% |
| Colgate-Palmolive Co. |
Closed
7,154
|
$644,218,000 | |
| Nordson Corp. |
15.47%
2,747
|
$637,139,000 | 0.55% |
| Stanley Black & Decker Inc |
Opened
7,960
|
$635,924,000 | 0.55% |
| Franklin Resources, Inc. |
27.29%
28,333
|
$633,243,000 | 0.55% |
| West Pharmaceutical Svsc Inc |
Opened
1,913
|
$630,123,000 | 0.55% |
| Chevron Corp. |
Closed
3,976
|
$627,174,000 | |
| Ppg Inds Inc |
Closed
4,245
|
$615,101,000 | |
| Nucor Corp. |
Opened
3,778
|
$597,226,000 | 0.52% |
| Vanguard Intl Equity Index F |
Opened
5,061
|
$594,617,000 | 0.52% |
| Pepsico Inc |
Closed
3,263
|
$571,058,000 | |
| Spdr Index Shs Fds |
Opened
15,120
|
$569,570,000 | 0.49% |
| 3M Co. |
Opened
5,402
|
$552,030,000 | 0.48% |
| NextEra Energy Inc |
Opened
7,627
|
$540,068,000 | 0.47% |
| Amcor Plc |
Opened
55,124
|
$539,113,000 | 0.47% |
| Realty Income Corp. |
Opened
9,406
|
$496,825,000 | 0.43% |
| Invesco Exch Trd Slf Idx Fd |
Opened
25,695
|
$970,955,000 | 0.84% |
| McCormick & Co., Inc. |
70.00%
6,783
|
$481,186,000 | 0.42% |
| Smucker J M Co |
9.55%
4,311
|
$470,071,000 | 0.41% |
| Kenvue Inc |
Opened
25,821
|
$469,426,000 | 0.41% |
| Hormel Foods Corp. |
Opened
14,353
|
$437,623,000 | 0.38% |
| Genuine Parts Co. |
24.50%
3,124
|
$432,112,000 | 0.38% |
| Pacer Fds Tr |
Closed
14,508
|
$434,413,000 | |
| Spdr Gold Tr |
19.43%
1,420
|
$305,314,000 | 0.27% |
| Brown-Forman Corporation |
Closed
4,860
|
$250,873,000 | |
| Archer Daniels Midland Co. |
Closed
3,972
|
$249,481,000 | |
| Walmart Inc |
68.01%
3,365
|
$227,844,000 | 0.20% |
| Abbvie Inc |
67.28%
1,238
|
$212,342,000 | 0.18% |
| Procter And Gamble Co |
35.89%
1,272
|
$209,778,000 | 0.18% |
| Becton Dickinson & Co. |
59.65%
889
|
$207,768,000 | 0.18% |
| Johnson & Johnson |
24.61%
1,400
|
$204,624,000 | 0.18% |
| Clorox Co. |
67.00%
1,472
|
$200,884,000 | 0.17% |
| Cardinal Health, Inc. |
66.46%
2,037
|
$200,278,000 | 0.17% |
| Ishares Tr |
Closed
823
|
$138,896,000 | |
| Timothy Plan |
Closed
1,320
|
$33,161,000 | |
| Timothy Plan |
98.41%
775
|
$18,492,000 | 0.02% |
| Spdr Ser Tr |
Closed
176
|
$16,755,000 | |
| No transactions found | |||
| Showing first 500 out of 82 holdings | |||
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