Apriem Advisors 13F annual report

Apriem Advisors is an investment fund managing more than $811 billion ran by Benjamin Lau. There are currently 147 companies in Mr. Lau’s portfolio. The largest investments include Schwab Strategic Tr and Vanguard Bd Index Fds, together worth $245 billion.

Limited to 30 biggest holdings

$811 billion Assets Under Management (AUM)

As of 7th August 2024, Apriem Advisors’s top holding is 3,519,117 shares of Schwab Strategic Tr currently worth over $192 billion and making up 23.7% of the portfolio value. In addition, the fund holds 736,371 shares of Vanguard Bd Index Fds worth $53.1 billion. The third-largest holding is Apple Inc worth $51.4 billion and the next is Spdr Ser Tr worth $35.4 billion, with 387,688 shares owned.

Currently, Apriem Advisors's portfolio is worth at least $811 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 Apriem Advisors

The Apriem Advisors office and employees reside in Irvine, California. According to the last 13-F report filed with the SEC, Benjamin Lau serves as the VP, CIO, Director at Apriem Advisors.

Recent trades

In the most recent 13F filing, Apriem Advisors revealed that it had opened a new position in Intuit Inc and bought 16,459 shares worth $10.8 billion. This means they effectively own approximately 0.1% of the company. Intuit Inc makes up 9.8% of the fund's Technology sector allocation and has grown its share price by 27.7% in the past year.

The investment fund also strengthened its position in Vanguard Bd Index Fds by buying 6,410 additional shares. This makes their stake in Vanguard Bd Index Fds total 736,371 shares worth $53.1 billion.

On the other hand, there are companies that Apriem Advisors is getting rid of from its portfolio. Apriem Advisors closed its position in Ishares Tr on 14th August 2024. It sold the previously owned 20,143 shares for $1.25 billion. Benjamin Lau also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%. This leaves the value of the investment at $192 billion and 3,519,117 shares.

One of the average hedge funds

The two most similar investment funds to Apriem Advisors are Ack Asset Management and Ghisallo Capital Management. They manage $810 billion and $810 billion respectively.


Benjamin Lau investment strategy

Apriem Advisors’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 13.6% of the total portfolio value. The fund focuses on investments in the United States as 55.8% 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 50% of the total holdings value. On the other hand, small-cap stocks make up only 3.4% of the portfolio. The average market cap of the portfolio companies is close to $174 billion.

The complete list of Apriem Advisors trades based on 13F SEC filings

These positions were updated on August 14th 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
4.93%
3,519,117
$192,177,976,000 23.70%
Vanguard Bd Index Fds
0.88%
736,371
$53,055,536,000 6.54%
Apple Inc
2.00%
244,104
$51,413,108,000 6.34%
Spdr Ser Tr
0.65%
387,688
$35,435,632,000 4.37%
Vanguard Tax-managed Fds
1.92%
644,529
$31,852,616,000 3.93%
Alphabet Inc
1.35%
143,402
$26,137,243,000 3.22%
Amazon.com Inc.
0.88%
97,157
$18,775,590,000 2.32%
Regeneron Pharmaceuticals, Inc.
21.18%
16,333
$17,166,473,000 2.12%
Lockheed Martin Corp.
4.28%
33,378
$15,590,759,000 1.92%
VanEck ETF Trust
5.87%
302,114
$19,972,069,000 2.46%
American Tower Corp.
1.96%
77,628
$15,089,425,000 1.86%
Adobe Inc
6.68%
26,878
$14,931,804,000 1.84%
Invesco Exch Traded Fd Tr Ii
685.60%
77,664
$14,869,844,000 1.83%
Exxon Mobil Corp.
14.47%
126,826
$14,600,210,000 1.80%
Resmed Inc.
0.70%
69,372
$13,279,188,000 1.64%
Snap-on, Inc.
21.81%
50,747
$13,264,782,000 1.64%
Disney Walt Co
1.40%
129,196
$12,827,824,000 1.58%
Intel Corp.
12.22%
394,244
$12,209,734,000 1.51%
Spdr S&p 500 Etf Tr
162.17%
22,413
$12,197,650,000 1.50%
Autodesk Inc.
9.81%
46,692
$11,553,935,000 1.42%
Schlumberger Ltd.
15.83%
243,598
$11,492,954,000 1.42%
Intuit Inc
Opened
16,459
$10,817,023,000 1.33%
JPMorgan Chase & Co.
7.30%
52,108
$10,539,306,000 1.30%
Cintas Corporation
12.70%
14,931
$10,455,582,000 1.29%
Tesla Inc
7.40%
52,156
$10,320,629,000 1.27%
PayPal Holdings Inc
0.15%
177,207
$10,283,322,000 1.27%
Vanguard Intl Equity Index F
3.04%
203,170
$8,890,698,000 1.10%
Microsoft Corporation
1.93%
18,414
$8,230,306,000 1.01%
NVIDIA Corp
947.06%
53,955
$6,665,647,000 0.82%
Berkshire Hathaway Inc.
0.65%
14,603
$5,940,500,000 0.73%
Ishares Tr
10.96%
54,694
$8,611,888,000 1.06%
Vanguard World Fd
34.93%
48,891
$8,998,514,000 1.11%
Automatic Data Processing In
49.37%
20,187
$4,818,435,000 0.59%
Boeing Co.
3.14%
23,443
$4,266,806,000 0.53%
Advanced Micro Devices Inc.
15.33%
22,875
$3,710,554,000 0.46%
Agnico Eagle Mines Ltd
No change
54,700
$3,577,380,000 0.44%
KLA Corp.
32.03%
4,202
$3,464,591,000 0.43%
Select Sector Spdr Tr
0.17%
47,633
$3,654,059,000 0.45%
Eaton Corp Plc
0.43%
9,435
$2,958,344,000 0.36%
Vanguard Malvern Fds
0.25%
58,984
$2,863,085,000 0.35%
Stryker Corp.
54.77%
8,029
$2,731,745,000 0.34%
Invesco Exchange Traded Fd T
0.00%
71,543
$2,622,758,000 0.32%
Qualcomm, Inc.
2.44%
12,617
$2,513,054,000 0.31%
Meta Platforms Inc
6.62%
4,301
$2,168,560,000 0.27%
Abbvie Inc
0.84%
12,572
$2,156,418,000 0.27%
Lowes Cos Inc
5.76%
9,494
$2,093,100,000 0.26%
Johnson & Johnson
37.51%
13,932
$2,036,301,000 0.25%
Costco Whsl Corp New
1.52%
2,394
$2,034,776,000 0.25%
Lam Research Corp.
2.45%
1,595
$1,698,125,000 0.21%
Spdr Dow Jones Indl Average
No change
4,150
$1,623,190,000 0.20%
Pfizer Inc.
0.91%
53,074
$1,485,003,000 0.18%
Altair Engr Inc
No change
14,965
$1,467,767,000 0.18%
Netflix Inc.
35.26%
2,171
$1,465,164,000 0.18%
Broadcom Inc
4.82%
870
$1,396,978,000 0.17%
Palo Alto Networks Inc
4.07%
4,090
$1,386,551,000 0.17%
Bank America Corp
0.06%
34,101
$1,356,174,000 0.17%
Vanguard Index Fds
5.49%
7,603
$2,544,505,000 0.31%
Chevron Corp.
12.71%
8,480
$1,326,444,000 0.16%
Starbucks Corp.
1.03%
16,955
$1,319,915,000 0.16%
Ishares Tr
Closed
20,143
$1,246,834,000
Merck & Co Inc
0.20%
9,721
$1,203,454,000 0.15%
Consolidated Edison, Inc.
1.40%
12,786
$1,143,324,000 0.14%
Honeywell International Inc
8.32%
5,159
$1,101,612,000 0.14%
Celsius Holdings Inc
16.34%
17,619
$1,005,869,000 0.12%
Procter And Gamble Co
2.95%
6,093
$1,004,890,000 0.12%
Super Micro Computer Inc
53.01%
1,117
$915,214,000 0.11%
RTX Corp
1.34%
8,543
$857,647,000 0.11%
AMGEN Inc.
1.77%
2,524
$788,624,000 0.10%
Home Depot, Inc.
16.48%
2,276
$783,451,000 0.10%
Cisco Sys Inc
38.31%
16,015
$760,887,000 0.09%
AT&T Inc.
50.28%
39,488
$754,618,000 0.09%
Eli Lilly & Co
0.61%
811
$734,263,000 0.09%
Price T Rowe Group Inc
32.99%
6,367
$734,190,000 0.09%
Nuveen California Amt Qlt Mu
9.72%
56,439
$706,052,000 0.09%
Parker-Hannifin Corp.
0.74%
1,367
$691,442,000 0.09%
Visa Inc
0.32%
2,532
$664,646,000 0.08%
Pepsico Inc
0.74%
3,966
$654,112,000 0.08%
Cvb Finl Corp
No change
34,500
$594,780,000 0.07%
First Tr Exchange-traded Fd
27.56%
37,800
$594,178,000 0.07%
Schwab Charles Corp
1.78%
8,016
$590,726,000 0.07%
PBF Energy Inc
4.01%
12,628
$581,138,000 0.07%
Union Pac Corp
No change
2,501
$565,876,000 0.07%
Target Corp
7.54%
3,775
$558,803,000 0.07%
Emerson Elec Co
0.77%
4,982
$548,838,000 0.07%
Accenture Plc Ireland
Closed
1,520
$526,847,000
Intuitive Surgical Inc
No change
1,183
$526,258,000 0.06%
First Tr Exch Traded Fd Iii
23.43%
30,000
$520,800,000 0.06%
Micron Technology Inc.
65.20%
3,907
$513,888,000 0.06%
Fastenal Co.
No change
7,950
$499,578,000 0.06%
Blackrock Floating Rate Inco
0.11%
38,159
$493,771,000 0.06%
Nuveen Ca Qualty Mun Income
29.25%
41,120
$474,114,000 0.06%
Northrop Grumman Corp.
No change
1,063
$463,519,000 0.06%
Medtronic Plc
16.24%
5,739
$451,728,000 0.06%
Linde Plc.
Closed
958
$444,819,000
Pioneer Nat Res Co
Closed
1,687
$442,789,000
Doubleline Opportunistic Cr
No change
28,110
$431,770,000 0.05%
Cencora Inc.
No change
1,881
$423,789,000 0.05%
Spdr Gold Tr
5.51%
1,956
$420,560,000 0.05%
Morgan Stanley
10.78%
4,111
$399,534,000 0.05%
Fidelity Covington Trust
No change
2,300
$394,496,000 0.05%
Taiwan Semiconductor Mfg Ltd
45.13%
2,251
$391,246,000 0.05%
Brown & Brown, Inc.
No change
4,343
$388,308,000 0.05%
Verizon Communications Inc
7.24%
9,384
$387,005,000 0.05%
Tractor Supply Co.
No change
1,417
$382,590,000 0.05%
Roper Technologies Inc
No change
675
$380,471,000 0.05%
Unitedhealth Group Inc
0.68%
742
$377,871,000 0.05%
Marsh & McLennan Cos., Inc.
No change
1,786
$376,346,000 0.05%
Datadog Inc
16.67%
2,800
$363,132,000 0.04%
Cadeler A S
No change
14,488
$362,635,000 0.04%
Oracle Corp.
2.20%
2,555
$360,729,000 0.04%
Ansys Inc.
No change
1,108
$356,222,000 0.04%
Abbott Labs
5.60%
3,220
$334,592,000 0.04%
New York Times Co.
No change
6,468
$331,226,000 0.04%
Dimensional Etf Trust
No change
5,610
$330,149,000 0.04%
Texas Instrs Inc
2.06%
1,666
$324,147,000 0.04%
Kimberly-Clark Corp.
No change
2,285
$315,787,000 0.04%
Costar Group, Inc.
No change
4,208
$311,981,000 0.04%
Verisk Analytics Inc
No change
1,137
$306,478,000 0.04%
Eaton Vance Ltd Duration Inc
14.77%
31,303
$304,892,000 0.04%
Phillips 66
12.35%
2,158
$304,645,000 0.04%
Comcast Corp New
Opened
7,410
$290,175,000 0.04%
Iron Mtn Inc Del
No change
3,200
$286,784,000 0.04%
Clorox Co.
21.94%
2,060
$281,068,000 0.03%
Vanguard Whitehall Fds
0.13%
2,360
$279,891,000 0.03%
Tyler Technologies, Inc.
No change
533
$267,982,000 0.03%
NextEra Energy Inc
1.08%
3,771
$267,025,000 0.03%
Nuveen S&p 500 Buy-write Inc
No change
19,675
$265,613,000 0.03%
Blackrock Calif Mun Income T
Opened
22,000
$263,340,000 0.03%
Dell Technologies Inc
Opened
1,889
$260,512,000 0.03%
Crowdstrike Holdings Inc
Opened
660
$252,905,000 0.03%
Etfs Gold Tr
1.73%
11,379
$252,841,000 0.03%
Glaukos Corporation
Opened
2,100
$248,535,000 0.03%
International Business Machs
21.87%
1,429
$247,201,000 0.03%
Vanguard Index Fds
Opened
985
$246,422,000 0.03%
Colgate-Palmolive Co.
1.44%
2,536
$246,093,000 0.03%
First Tr Exchange-traded Fd
Closed
5,300
$244,913,000
Proshares Tr
17.22%
2,442
$243,736,000 0.03%
Duke Energy Corp.
No change
2,400
$240,552,000 0.03%
Exponent Inc.
No change
2,513
$239,037,000 0.03%
Bristol-Myers Squibb Co.
Closed
4,291
$232,697,000
Salesforce Inc
11.43%
897
$230,619,000 0.03%
Ecolab, Inc.
No change
962
$228,956,000 0.03%
Novo-nordisk A S
Opened
1,535
$219,106,000 0.03%
Goldman Sachs Group, Inc.
No change
481
$217,592,000 0.03%
General Mls Inc
2.84%
3,385
$214,144,000 0.03%
First Tr Exchng Traded Fd Vi
Closed
4,819
$210,108,000
Mcdonalds Corp
2.25%
819
$208,730,000 0.03%
Commerce Bancshares, Inc.
Opened
3,645
$203,318,000 0.03%
First Tr Sr Fltg Rate Income
23.46%
20,000
$201,600,000 0.02%
Ford Mtr Co Del
0.08%
13,150
$164,905,000 0.02%
Dnp Select Income Fd Inc
No change
17,400
$143,028,000 0.02%
Doubleline Income Solutions
Closed
10,800
$137,160,000
Sprott Physical Silver Tr
No change
10,000
$99,300,000 0.01%
Abrdn Asia Pacific Income Fu
29.53%
35,800
$95,944,000 0.01%
Castor Maritime Inc.
71.64%
19,000
$87,400,000 0.01%
No transactions found
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