Avant Capital 13F annual report
Avant Capital is an investment fund managing more than $90.6 billion ran by Mark Avant. There are currently 28 companies in Mr. Avant’s portfolio. The largest investments include Schwab Strategic Tr and Ishares Tr, together worth $37.3 billion.
$90.6 billion Assets Under Management (AUM)
As of 4th August 2023, Avant Capital’s top holding is 351,791 shares of Schwab Strategic Tr currently worth over $22 billion and making up 24.2% of the portfolio value.
In addition, the fund holds 151,365 shares of Ishares Tr worth $15.3 billion.
The third-largest holding is Vanguard Index Fds worth $11.3 billion and the next is Wisdomtree Tr worth $7.6 billion, with 118,381 shares owned.
Currently, Avant Capital's portfolio is worth at least $90.6 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 Avant Capital
The Avant Capital office and employees reside in Lafayette, Louisiana. According to the last 13-F report filed with the SEC, Mark Avant serves as the CHIEF COMPLIANCE OFFICER at Avant Capital.
Recent trades
In the most recent 13F filing, Avant Capital revealed that it had opened a new position in
Invesco Exchange Traded Fd T and bought 4,229 shares worth $428 million.
The investment fund also strengthened its position in Schwab Strategic Tr by buying
21,906 additional shares.
This makes their stake in Schwab Strategic Tr total 351,791 shares worth $22 billion.
On the other hand, there are companies that Avant Capital is getting rid of from its portfolio.
Avant Capital closed its position in Deere Co on 11th August 2023.
It sold the previously owned 760 shares for $326 million.
Mark Avant also disclosed a decreased stake in Invesco Exch Traded Fd Tr Ii by approximately 0.1%.
This leaves the value of the investment at $3.62 billion and 61,965 shares.
One of the smallest hedge funds
The two most similar investment funds to Avant Capital are Block.one and Pacific Wealth Strategies. They manage $90.7 billion and $90.8 billion respectively.
Mark Avant investment strategy
Avant Capital’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 2.4% of
the total portfolio value.
The fund focuses on investments in the United States as
25.0% 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
25% 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 $798 billion.
The complete list of Avant Capital trades based on 13F SEC filings
These positions were updated on August 11th 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 |
|---|---|---|---|
| Schwab Strategic Tr |
6.64%
351,791
|
$21,965,540,000 | 24.24% |
| Ishares Tr |
3.67%
151,365
|
$15,337,305,000 | 16.93% |
| Vanguard Index Fds |
2.85%
67,558
|
$11,302,223,000 | 12.47% |
| Wisdomtree Tr |
19.27%
118,381
|
$7,598,447,000 | 8.39% |
| Vanguard Admiral Fds Inc |
3.77%
21,728
|
$3,383,064,000 | 3.73% |
| Vanguard Specialized Funds |
0.96%
20,519
|
$3,332,895,000 | 3.68% |
| Proshares Tr |
4.47%
81,137
|
$6,518,793,000 | 7.19% |
| Vanguard World Fd |
3.08%
38,723
|
$4,951,591,000 | 5.47% |
| Invesco Exch Traded Fd Tr Ii |
1.19%
61,965
|
$3,624,138,000 | 4.00% |
| Alps Etf Tr |
0.66%
29,907
|
$1,315,603,000 | 1.45% |
| Invesco Exchange Traded Fd T |
1.39%
8,822
|
$1,558,624,000 | 1.72% |
| Invesco Exch Trd Slf Idx Fd |
3.26%
16,408
|
$1,136,284,000 | 1.25% |
| Apple Inc |
4.37%
4,678
|
$907,340,000 | 1.00% |
| Tesla Inc |
53.84%
2,962
|
$775,241,000 | 0.86% |
| J P Morgan Exchange Traded F |
9.10%
7,041
|
$688,428,000 | 0.76% |
| Exxon Mobil Corp. |
11.21%
5,616
|
$602,302,000 | 0.66% |
| Spdr Ser Tr |
4.49%
20,296
|
$2,044,807,000 | 2.26% |
| Amazon.com Inc. |
1.06%
3,804
|
$495,916,000 | 0.55% |
| Chevron Corp. |
15.07%
2,858
|
$449,733,000 | 0.50% |
| Shell Plc |
No change
6,894
|
$416,258,000 | 0.46% |
| John Hancock Exchange Traded |
0.47%
6,891
|
$378,220,000 | 0.42% |
| Microsoft Corporation |
2.24%
1,048
|
$356,883,000 | 0.39% |
| Oreilly Automotive Inc |
No change
364
|
$347,729,000 | 0.38% |
| Deere Co |
Closed
760
|
$325,689,000 | |
| Walmart Inc |
Closed
1,961
|
$278,060,000 | |
| Invesco Exchange Traded Fd T |
Opened
4,229
|
$428,448,000 | 0.47% |
| Vanguard Wellington Fd |
Closed
1,920
|
$219,035,000 | |
| Vanguard Scottsdale Fds |
5.52%
3,148
|
$217,892,000 | 0.24% |
| Ishares Inc |
Closed
2,140
|
$203,379,000 | |
| NVIDIA Corp |
Opened
480
|
$203,176,000 | 0.22% |
| Vanguard Whitehall Fds |
Opened
1,886
|
$200,020,000 | 0.22% |
| Dragonfly Energy Holdings Co |
Opened
45,500
|
$67,340,000 | 0.07% |
| No transactions found | |||
| Showing first 500 out of 32 holdings | |||
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