Ewg Elevate is an investment fund managing more than $144 million ran by Richard Watson. There are currently 39 companies in Mr. Watson’s portfolio. The largest investments include Schwab Strategic Tr and Spdr S&p 500 Etf Tr, together worth $50.4 million.
As of 7th October 2020, Ewg Elevate’s top holding is 719,879 shares of Schwab Strategic Tr currently worth over $40.6 million and making up 28.2% of the portfolio value.
In addition, the fund holds 31,950 shares of Spdr S&p 500 Etf Tr worth $9.85 million.
The third-largest holding is Vanguard World Fds worth $7.9 million and the next is Spdr Gold Tr worth $7.37 million, with 44,029 shares owned.
Currently, Ewg Elevate's portfolio is worth at least $144 million. 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.
The Ewg Elevate office and employees reside in Roseville, California. According to the last 13-F report filed with the SEC, Richard Watson serves as the President and Chief Compliance Officer at Ewg Elevate.
In the most recent 13F filing, Ewg Elevate revealed that it had opened a new position in
Spdr Gold Tr and bought 44,029 shares worth $7.37 million.
The investment fund also strengthened its position in Spdr S&p 500 Etf Tr by buying
1,015 additional shares.
This makes their stake in Spdr S&p 500 Etf Tr total 31,950 shares worth $9.85 million.
On the other hand, there are companies that Ewg Elevate is getting rid of from its portfolio.
Ewg Elevate closed its position in Intel on 7th July 2020.
It sold the previously owned 102,469 shares for $5.55 million.
Richard Watson also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%.
This leaves the value of the investment at $40.6 million and 719,879 shares.
The two most similar investment funds to Ewg Elevate are Rainey & Randall Investment Management Inc and Horizon Investment Services. They manage $144 million and $144 million respectively.
Ewg Elevate’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Finance — making up 3.3% of
the total portfolio value.
The fund focuses on investments in the United States as
20.5% 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
15% 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 $621 billion.
These positions were updated on July 7th 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 |
3.31%
719,879
|
$40,582,000 | 28.24% |
| Spdr S&p 500 Etf Tr |
3.28%
31,950
|
$9,852,000 | 6.86% |
| Vanguard World Fds |
435.02%
28,340
|
$7,899,000 | 5.50% |
| Spdr Gold Tr |
Opened
44,029
|
$7,369,000 | 5.13% |
| Direxion Shs Etf Tr |
55.47%
111,967
|
$6,663,000 | 4.64% |
| Costco Whsl Corp New |
4.62%
21,311
|
$6,462,000 | 4.50% |
| Intel Corp. |
Closed
102,469
|
$5,546,000 | |
| Wp Carey Inc |
44.78%
77,976
|
$5,275,000 | 3.67% |
| The Boeing Co. |
Closed
33,014
|
$4,924,000 | |
| Spdr Ser Tr |
Opened
94,253
|
$4,918,000 | 3.42% |
| Select Sector Spdr Tr |
22.54%
46,245
|
$4,832,000 | 3.36% |
| Ares Capital Corp. |
55.07%
307,885
|
$4,449,000 | 3.10% |
| Ssga Active Etf Tr |
4.11%
80,849
|
$4,006,000 | 2.79% |
| Ishares Tr |
Opened
75,056
|
$8,212,000 | 5.71% |
| Ishares Tr |
1.07%
149,516
|
$9,513,000 | 6.62% |
| First Tr Exchange-traded Fd |
3.55%
82,213
|
$3,768,000 | 2.62% |
| Pimco Etf Tr |
1.23%
33,289
|
$3,715,000 | 2.59% |
| Ishares Tr |
Closed
68,131
|
$7,971,000 | |
| Delta Air Lines, Inc. |
Closed
100,696
|
$2,873,000 | |
| Ishares Inc |
Opened
63,521
|
$2,475,000 | 1.72% |
| Ishares Inc |
Closed
69,970
|
$1,791,000 | |
| Spdr Ser Tr |
2.19%
45,457
|
$1,924,000 | 1.34% |
| BCE, Inc. |
Closed
35,919
|
$1,468,000 | |
| Vaneck Vectors Etf Tr |
26.72%
22,791
|
$1,190,000 | 0.83% |
| TELUS Corp. |
Opened
64,345
|
$1,079,000 | 0.75% |
| Microsoft Corp. |
0.04%
4,556
|
$927,000 | 0.65% |
| Under Armour, Inc. |
Opened
98,522
|
$871,000 | 0.61% |
| Royal Caribbean Group |
Closed
26,824
|
$863,000 | |
| Terex Corp. |
Closed
57,230
|
$822,000 | |
| Eaton Vance Ltd Duration Inc |
Opened
71,446
|
$805,000 | 0.56% |
| Vanguard Index Fds |
11.24%
3,977
|
$804,000 | 0.56% |
| Madrigal Pharmaceuticals, Inc. |
Closed
11,086
|
$740,000 | |
| Global X Fds |
Opened
44,945
|
$674,000 | 0.47% |
| Iron Mtn Inc New |
Opened
23,709
|
$619,000 | 0.43% |
| Victory Portfolios Ii |
Opened
13,133
|
$598,000 | 0.42% |
| Invesco Mortgage Capital, Inc. |
Opened
158,989
|
$595,000 | 0.41% |
| Amazon.com, Inc. |
No change
202
|
$557,000 | 0.39% |
| Etf Ser Solutions |
Opened
33,323
|
$555,000 | 0.39% |
| Tesla, Inc. |
Closed
1,035
|
$542,000 | |
| Apple, Inc. |
5.10%
1,380
|
$503,000 | 0.35% |
| Facebook, Inc. |
10.50%
2,132
|
$484,000 | 0.34% |
| Imperial Oil Ltd. |
Closed
37,482
|
$424,000 | |
| Nektar Therapeutics |
Closed
22,596
|
$403,000 | |
| Invesco Exchange Traded Fd T |
Closed
7,679
|
$342,000 | |
| Ishares Gold Trust |
8.40%
18,357
|
$312,000 | 0.22% |
| Disney Walt Co |
58.75%
2,357
|
$263,000 | 0.18% |
| Visa, Inc. |
96.83%
1,233
|
$238,000 | 0.17% |
| Select Sector Spdr Tr |
Opened
2,193
|
$219,000 | 0.15% |
| Cambria Etf Tr |
Opened
9,693
|
$216,000 | 0.15% |
| Wisdomtree Tr |
Closed
4,026
|
$208,000 | |
| Vertical Cap Income Fd |
No change
13,905
|
$135,000 | 0.09% |
| Nio Inc |
Opened
15,800
|
$122,000 | 0.08% |
| Tsakos Energy Navigation Ltd. |
Opened
10,000
|
$20,000 | 0.01% |
| Citigroup Global Mkts Hldgs |
Closed
120,066
|
$20,000 | |
| No transactions found | |||
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