Corrado Advisors 13F annual report
Corrado Advisors is an investment fund managing more than $154 billion ran by Bennett Weiner. There are currently 60 companies in Mr. Weiner’s portfolio. The largest investments include Alphabet Inc and Innovator ETFs Trust, together worth $47.7 billion.
$154 billion Assets Under Management (AUM)
As of 29th July 2024, Corrado Advisors’s top holding is 26,669 shares of Alphabet Inc currently worth over $4.86 billion and making up 3.1% of the portfolio value.
Relative to the number of outstanding shares of Alphabet Inc, Corrado Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 1,351,145 shares of Innovator ETFs Trust worth $42.9 billion, whose value grew 3.5% in the past six months.
The third-largest holding is Select Sector Spdr Tr worth $6.86 billion and the next is Ishares Tr worth $14.3 billion, with 279,422 shares owned.
Currently, Corrado Advisors's portfolio is worth at least $154 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 Corrado Advisors
The Corrado Advisors office and employees reside in Ramsey, New Jersey. According to the last 13-F report filed with the SEC, Bennett Weiner serves as the Chief Compliance Officer at Corrado Advisors.
Recent trades
In the most recent 13F filing, Corrado Advisors revealed that it had opened a new position in
Innovator ETFs Trust and bought 271,071 shares worth $8.41 billion.
This means they effectively own approximately 0.1% of the company.
Innovator ETFs Trust makes up
16.3%
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 Select Sector Spdr Tr by buying
2,566 additional shares.
This makes their stake in Select Sector Spdr Tr total 89,974 shares worth $6.86 billion.
On the other hand, there are companies that Corrado Advisors is getting rid of from its portfolio.
Corrado Advisors closed its position in Innovator ETFs Trust on 5th August 2024.
It sold the previously owned 102,554 shares for $3.7 billion.
Bennett Weiner also disclosed a decreased stake in Alphabet Inc by approximately 0.1%.
This leaves the value of the investment at $4.86 billion and 26,669 shares.
One of the smallest hedge funds
The two most similar investment funds to Corrado Advisors are Yoder Wealth Management and Continental Grain Co. They manage $154 billion and $154 billion respectively.
Bennett Weiner investment strategy
Corrado Advisors’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Miscellaneous — making up 33.4% of
the total portfolio value.
The fund focuses on investments in the United States as
31.7% 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
27% of the total holdings value.
On the other hand, small-cap stocks make up only 5.0% of the portfolio.
The average market cap of the portfolio companies is close to $307 billion.
The complete list of Corrado Advisors trades based on 13F SEC filings
These positions were updated on August 5th 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 |
|---|---|---|---|
| Alphabet Inc |
9.90%
26,669
|
$4,857,670,000 | 3.14% |
| Innovator ETFs Trust |
0.98%
1,351,145
|
$42,865,380,000 | 27.75% |
| Select Sector Spdr Tr |
2.94%
89,974
|
$6,858,517,000 | 4.44% |
| Ishares Tr |
2.01%
279,422
|
$14,267,074,000 | 9.24% |
| Blackrock Enhanced Intl Div |
8.00%
516,395
|
$2,881,482,000 | 1.87% |
| Neuberger Berman Next Genera |
9.53%
208,863
|
$2,696,424,000 | 1.75% |
| Jpmorgan Chase Co. |
3.85%
13,271
|
$2,684,224,000 | 1.74% |
| Guggenheim Active Alloc Fd |
1.90%
175,443
|
$2,619,368,000 | 1.70% |
| PIMCO Access Income Fund |
3.11%
162,082
|
$2,562,511,000 | 1.66% |
| Amazon.com Inc. |
10.71%
12,378
|
$2,392,049,000 | 1.55% |
| First Tr Exchange Traded Fd |
3.11%
51,621
|
$3,508,724,000 | 2.27% |
| International Business Machs |
4.43%
13,473
|
$2,330,103,000 | 1.51% |
| First Tr Exchange-traded Fd |
0.48%
135,042
|
$4,057,136,000 | 2.63% |
| Att Inc |
8.49%
114,185
|
$2,182,079,000 | 1.41% |
| Stagwell Inc |
No change
315,713
|
$2,153,163,000 | 1.39% |
| Starwood Ppty Tr Inc |
6.72%
112,103
|
$2,123,237,000 | 1.37% |
| Innovator ETFs Trust |
Opened
271,071
|
$8,410,680,000 | 5.44% |
| Iron Mtn Inc Del |
6.89%
22,366
|
$2,004,405,000 | 1.30% |
| Mainstay Cbre Gbl Infra Meg |
7.86%
153,654
|
$1,968,303,000 | 1.27% |
| Innovator ETFs Trust |
Closed
102,554
|
$3,698,088,000 | |
| Schwab Strategic Tr |
1.23%
35,842
|
$1,864,159,000 | 1.21% |
| Goldman Sachs Group, Inc. |
2.72%
4,082
|
$1,846,313,000 | 1.20% |
| Berkshire Hathaway Inc. |
3.51%
4,536
|
$1,845,245,000 | 1.19% |
| Brookfield Renewable Corporation |
3.20%
63,411
|
$1,799,605,000 | 1.17% |
| Pfizer Inc. |
6.44%
63,545
|
$1,777,986,000 | 1.15% |
| Vanguard Index Fds |
5.02%
21,544
|
$1,980,274,000 | 1.28% |
| Blackrock Innovation And Grw |
8.97%
226,037
|
$1,634,247,000 | 1.06% |
| First Tr Exchng Traded Fd Vi |
2.43%
106,424
|
$3,743,184,000 | 2.42% |
| Verizon Communications Inc |
5.83%
38,292
|
$1,579,174,000 | 1.02% |
| Disney Walt Co |
4.75%
15,352
|
$1,524,265,000 | 0.99% |
| Intel Corp. |
3.93%
47,120
|
$1,459,314,000 | 0.94% |
| Corning, Inc. |
4.72%
37,533
|
$1,458,145,000 | 0.94% |
| NextEra Energy Partners LP |
5.32%
52,065
|
$1,439,089,000 | 0.93% |
| Bristol-Myers Squibb Co. |
3.79%
33,136
|
$1,376,153,000 | 0.89% |
| Brookfield Infrastructure Corporation |
6.22%
37,645
|
$1,267,131,000 | 0.82% |
| Vici Pptys Inc |
37.82%
42,196
|
$1,208,504,000 | 0.78% |
| Nuveen Vriabl Rat Pfd Inm |
1.62%
62,293
|
$1,144,942,000 | 0.74% |
| Algonquin Pwr Utils Corp |
7.62%
194,378
|
$1,139,056,000 | 0.74% |
| AES Corp. |
2.32%
57,210
|
$1,005,180,000 | 0.65% |
| Warner Bros.Discovery Inc |
4.55%
122,508
|
$911,460,000 | 0.59% |
| Shopify Inc |
No change
13,595
|
$897,950,000 | 0.58% |
| First Tr Exchng Traded Fd Vi |
Opened
28,787
|
$856,414,000 | 0.55% |
| Spdr Ser Tr |
4.02%
11,691
|
$748,195,000 | 0.48% |
| Sprott Fds Tr |
Opened
28,970
|
$726,278,000 | 0.47% |
| Microsoft Corporation |
5.33%
1,544
|
$690,069,000 | 0.45% |
| Calamos Etf Tr |
6.96%
25,138
|
$677,852,000 | 0.44% |
| Global X Fds |
6.65%
62,330
|
$650,726,000 | 0.42% |
| Paramount Global |
3.24%
53,877
|
$559,779,000 | 0.36% |
| Apple Inc |
5.28%
2,334
|
$491,501,000 | 0.32% |
| Blackrock Health Sciences Tr |
4.79%
8,840
|
$361,114,000 | 0.23% |
| KraneShares Trust |
13.12%
26,306
|
$360,127,000 | 0.23% |
| ConnectOne Bancorp Inc. |
Closed
18,025
|
$351,488,000 | |
| Bank America Corp |
Closed
8,211
|
$311,348,000 | |
| Blackrock Enhanced Equity Di |
4.43%
37,660
|
$307,683,000 | 0.20% |
| NVIDIA Corp |
256.28%
2,355
|
$290,937,000 | 0.19% |
| NextEra Energy Inc |
No change
3,753
|
$265,750,000 | 0.17% |
| Ishares Inc |
1.90%
4,538
|
$242,914,000 | 0.16% |
| Abrdn Global Infra Income Fu |
0.22%
12,839
|
$234,946,000 | 0.15% |
| Lowes Cos Inc |
Closed
871
|
$221,870,000 | |
| Gaming Leisure Pptys Inc |
8.47%
4,442
|
$200,823,000 | 0.13% |
| Salesforce Inc |
Closed
665
|
$200,285,000 | |
| Philip Morris International Inc |
Closed
2,186
|
$200,282,000 | |
| Duff Phelps Utlity And Inf |
4.89%
18,685
|
$183,674,000 | 0.12% |
| Blackrock Health Sciences Te |
9.75%
10,502
|
$161,315,000 | 0.10% |
| Know Labs Inc |
No change
207,132
|
$84,904,000 | 0.05% |
| Uniti Group Inc |
14.81%
17,990
|
$52,531,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 66 holdings | |||
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