Cassaday & Co Wealth Management 13F annual report

Cassaday & Co Wealth Management is an investment fund managing more than $3.16 trillion ran by Andy Armstrong. There are currently 208 companies in Mr. Armstrong’s portfolio. The largest investments include Vanguard World Fd and World Gold Tr, together worth $1.36 trillion.

Limited to 30 biggest holdings

$3.16 trillion Assets Under Management (AUM)

As of 23rd July 2024, Cassaday & Co Wealth Management’s top holding is 3,526,962 shares of Vanguard World Fd currently worth over $1.11 trillion and making up 34.9% of the portfolio value. In addition, the fund holds 5,455,177 shares of World Gold Tr worth $251 billion. The third-largest holding is Ishares Tr worth $976 billion and the next is Schwab Strategic Tr worth $140 billion, with 1,802,507 shares owned.

Currently, Cassaday & Co Wealth Management's portfolio is worth at least $3.16 trillion. 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 Cassaday & Co Wealth Management

The Cassaday & Co Wealth Management office and employees reside in Mclean, Virginia. According to the last 13-F report filed with the SEC, Andy Armstrong serves as the CCO at Cassaday & Co Wealth Management.

Recent trades

In the most recent 13F filing, Cassaday & Co Wealth Management revealed that it had opened a new position in World Gold Tr and bought 5,455,177 shares worth $251 billion.

The investment fund also strengthened its position in Ishares Tr by buying 28,273 additional shares. This makes their stake in Ishares Tr total 9,094,044 shares worth $976 billion.

On the other hand, there are companies that Cassaday & Co Wealth Management is getting rid of from its portfolio. Cassaday & Co Wealth Management closed its position in World Gold Tr on 30th July 2024. It sold the previously owned 5,428,242 shares for $239 billion. Andy Armstrong also disclosed a decreased stake in Vanguard World Fd by approximately 0.1%. This leaves the value of the investment at $1.11 trillion and 3,526,962 shares.

One of the largest hedge funds

The two most similar investment funds to Cassaday & Co Wealth Management are Stonegate Investment and Associated Banc-corp. They manage $3.17 trillion and $3.15 trillion respectively.


Andy Armstrong investment strategy

Cassaday & Co Wealth Management’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Technology — making up 2.3% of the total portfolio value. The fund focuses on investments in the United States as 48.1% 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 43% of the total holdings value. On the other hand, small-cap stocks make up only 1.9% of the portfolio. The average market cap of the portfolio companies is close to $158 billion.

The complete list of Cassaday & Co Wealth Management trades based on 13F SEC filings

These positions were updated on July 30th 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
Vanguard World Fd
0.00%
3,526,962
$1,105,092,120,000 34.95%
World Gold Tr
Opened
5,455,177
$251,429,108,000 7.95%
World Gold Tr
Closed
5,428,242
$239,114,061,000
Ishares Tr
0.31%
9,094,044
$976,039,813,000 30.87%
Schwab Strategic Tr
2.79%
1,802,507
$140,121,532,000 4.43%
Vanguard Scottsdale Fds
2.19%
2,026,976
$117,532,914,000 3.72%
Select Sector Spdr Tr
3.09%
2,995,769
$119,124,357,000 3.77%
Proshares Tr
0.28%
916,194
$78,468,665,000 2.48%
Apple Inc
4.30%
195,771
$41,233,284,000 1.30%
Microsoft Corporation
1.50%
61,300
$27,398,078,000 0.87%
Vanguard Index Fds
5.49%
168,068
$37,157,846,000 1.18%
NVIDIA Corp
959.18%
151,166
$18,675,037,000 0.59%
Marriott Intl Inc New
0.10%
75,098
$18,156,444,000 0.57%
Amazon.com Inc.
3.54%
66,669
$12,883,785,000 0.41%
Pepsico Inc
0.17%
74,634
$12,309,315,000 0.39%
Visa Inc
0.20%
36,508
$9,582,255,000 0.30%
Mcdonalds Corp
3.45%
27,747
$7,070,978,000 0.22%
Costco Whsl Corp New
0.41%
8,091
$6,876,961,000 0.22%
Berkshire Hathaway Inc.
No change
10
$6,122,410,000 0.19%
Exxon Mobil Corp.
0.35%
49,823
$5,735,587,000 0.18%
Spdr Sp 500 Etf Tr
6.53%
10,005
$5,444,922,000 0.17%
Eli Lilly Co
0.22%
5,457
$4,940,691,000 0.16%
Johnson Johnson
0.27%
33,440
$4,887,627,000 0.15%
Alphabet Inc
3.08%
47,343
$8,656,180,000 0.27%
Jpmorgan Chase Co.
1.00%
20,006
$4,046,499,000 0.13%
Abbott Labs
0.59%
35,395
$3,677,919,000 0.12%
Abbvie Inc
0.47%
20,975
$3,597,658,000 0.11%
Meta Platforms Inc
12.24%
6,419
$3,236,589,000 0.10%
Unitedhealth Group Inc
9.74%
6,094
$3,103,431,000 0.10%
Procter And Gamble Co
3.13%
17,669
$2,913,968,000 0.09%
Tesla Inc
0.78%
13,673
$2,705,614,000 0.09%
Lockheed Martin Corp.
87.21%
5,253
$2,453,469,000 0.08%
Yum Brands Inc.
4.69%
18,207
$2,411,700,000 0.08%
Chevron Corp.
3.98%
14,822
$2,318,460,000 0.07%
Leidos Holdings Inc
No change
15,850
$2,312,198,000 0.07%
International Business Machs
2.28%
12,852
$2,222,761,000 0.07%
Oracle Corp.
6.66%
15,638
$2,208,142,000 0.07%
Home Depot, Inc.
2.30%
6,240
$2,147,976,000 0.07%
Goldman Sachs Etf Tr
No change
19,760
$2,113,332,000 0.07%
Toronto Dominion Bk Ont
1.55%
38,206
$2,099,802,000 0.07%
General Dynamics Corp.
1.46%
7,100
$2,059,994,000 0.07%
Vanguard Intl Equity Index F
4.50%
83,684
$5,157,190,000 0.16%
Netflix Inc.
0.48%
2,908
$1,962,552,000 0.06%
Eaton Corp Plc
0.53%
5,875
$1,842,107,000 0.06%
Union Pac Corp
0.41%
7,860
$1,778,466,000 0.06%
Invesco Exch Traded Fd Tr Ii
No change
8,958
$1,765,712,000 0.06%
Vanguard Specialized Funds
0.63%
9,492
$1,732,734,000 0.05%
Walmart Inc
9.65%
24,752
$1,675,938,000 0.05%
Dimensional Etf Trust
13.79%
56,504
$1,972,649,000 0.06%
Oneok Inc.
0.08%
19,472
$1,587,942,000 0.05%
Sherwin-Williams Co.
0.60%
5,189
$1,548,554,000 0.05%
Dominion Energy Inc
1.76%
29,960
$1,468,039,000 0.05%
Capital One Finl Corp
20.71%
10,441
$1,445,610,000 0.05%
Cisco Sys Inc
2.70%
26,660
$1,266,610,000 0.04%
Oxford Inds Inc
72.76%
12,573
$1,259,186,000 0.04%
Adobe Inc
0.18%
2,249
$1,249,549,000 0.04%
Thermo Fisher Scientific Inc.
1.45%
2,178
$1,204,434,000 0.04%
AMGEN Inc.
1.44%
3,734
$1,166,689,000 0.04%
Pimco Etf Tr
No change
15,225
$1,143,246,000 0.04%
Danaher Corp.
0.18%
4,384
$1,095,343,000 0.03%
Honeywell International Inc
0.31%
5,124
$1,094,187,000 0.03%
Spdr Gold Tr
No change
4,847
$1,042,154,000 0.03%
RTX Corp
0.41%
10,134
$1,017,353,000 0.03%
Accenture Plc Ireland
13.41%
3,325
$1,008,839,000 0.03%
Pfizer Inc.
9.77%
35,918
$1,004,977,000 0.03%
Spdr Sp Midcap 400 Etf Tr
No change
1,871
$1,001,135,000 0.03%
NextEra Energy Inc
0.28%
14,044
$994,456,000 0.03%
Northrop Grumman Corp.
4.46%
2,272
$990,479,000 0.03%
Verizon Communications Inc
0.38%
23,785
$980,875,000 0.03%
Qualcomm, Inc.
0.80%
4,822
$960,446,000 0.03%
Science Applications Intl Co
No change
8,038
$944,867,000 0.03%
Hilton Worldwide Holdings Inc
3.01%
4,246
$926,478,000 0.03%
KraneShares Trust
No change
33,558
$906,738,000 0.03%
Chipotle Mexican Grill
4,954.20%
14,455
$905,606,000 0.03%
Merck Co Inc
15.36%
7,206
$892,104,000 0.03%
The Southern Co.
1.84%
11,496
$891,745,000 0.03%
Bank America Corp
3.14%
22,114
$879,488,000 0.03%
Philip Morris International Inc
2.93%
8,649
$876,404,000 0.03%
Proshares Tr Ii
No change
11,284
$869,320,000 0.03%
Texas Instrs Inc
4.50%
4,438
$863,325,000 0.03%
Disney Walt Co
3.86%
8,239
$818,007,000 0.03%
Lam Research Corp.
0.78%
768
$817,805,000 0.03%
Duke Energy Corp.
13.13%
7,998
$801,674,000 0.03%
GE Aerospace
1.90%
4,876
$775,138,000 0.02%
Spdr Index Shs Fds
5.29%
44,669
$1,790,196,000 0.06%
Advanced Micro Devices Inc.
0.93%
4,553
$738,543,000 0.02%
Att Inc
15.63%
38,154
$729,124,000 0.02%
Spdr Ser Tr
9.16%
25,537
$1,684,515,000 0.05%
Marriott Vacations Worldwide Corp
No change
8,188
$714,977,000 0.02%
Coca-Cola Co
2.28%
10,830
$689,340,000 0.02%
Goldman Sachs Group, Inc.
0.74%
1,500
$678,480,000 0.02%
Hershey Company
0.44%
3,622
$665,866,000 0.02%
General Mtrs Co
29.82%
14,304
$664,564,000 0.02%
Lowes Cos Inc
6.58%
2,952
$650,798,000 0.02%
Vanguard Bd Index Fds
115.21%
8,916
$642,398,000 0.02%
Deere Co
3.43%
1,691
$631,779,000 0.02%
Palo Alto Networks Inc
10.34%
1,708
$579,030,000 0.02%
Intel Corp.
4.45%
18,675
$578,373,000 0.02%
Broadcom Inc
26.43%
354
$568,358,000 0.02%
Caterpillar Inc.
10.76%
1,675
$558,003,000 0.02%
Altria Group Inc.
0.63%
12,244
$557,715,000 0.02%
Pnc Finl Svcs Group Inc
0.47%
3,571
$555,164,000 0.02%
Comcast Corp New
0.14%
14,059
$550,556,000 0.02%
Yum China Holdings Inc
4.52%
17,106
$527,550,000 0.02%
Spdr Dow Jones Indl Average
Opened
1,330
$520,203,000 0.02%
Public Svc Enterprise Grp In
1.14%
7,035
$518,480,000 0.02%
Mastercard Incorporated
6.82%
1,175
$518,363,000 0.02%
3M Co.
1.97%
4,979
$508,843,000 0.02%
Boeing Co.
1.59%
2,781
$506,209,000 0.02%
Vanguard Star Fds
Opened
8,202
$494,581,000 0.02%
Waste Mgmt Inc Del
18.26%
2,315
$493,883,000 0.02%
Vanguard Admiral Fds Inc
No change
3,067
$772,415,000 0.02%
Blackstone Inc
5.22%
3,889
$481,438,000 0.02%
Blackstone Secd Lending Fd
Opened
15,630
$478,591,000 0.02%
Hess Corporation
0.13%
3,188
$470,357,000 0.01%
Starbucks Corp.
3.97%
6,027
$469,202,000 0.01%
Conocophillips
0.47%
4,073
$465,870,000 0.01%
Mondelez International Inc.
1.70%
7,110
$465,279,000 0.01%
Tjx Cos Inc New
No change
4,199
$462,310,000 0.01%
Marsh Mclennan Cos Inc
3.28%
2,175
$458,316,000 0.01%
Bristol-Myers Squibb Co.
19.88%
10,822
$449,418,000 0.01%
L3Harris Technologies Inc
1.48%
1,990
$446,915,000 0.01%
Constellation Energy Corp
11.52%
2,204
$441,396,000 0.01%
American Elec Pwr Co Inc
0.38%
4,971
$436,157,000 0.01%
T-Mobile US Inc
4.75%
2,448
$431,289,000 0.01%
Truist Finl Corp
0.30%
10,913
$423,971,000 0.01%
Arista Networks Inc
1.40%
1,196
$419,175,000 0.01%
Nike, Inc.
0.60%
5,491
$413,853,000 0.01%
Citigroup Inc
17.78%
6,391
$405,603,000 0.01%
Manulife Finl Corp
26.94%
15,123
$402,570,000 0.01%
Wells Fargo Co New
49.38%
6,699
$397,854,000 0.01%
American Express Co.
0.83%
1,681
$389,236,000 0.01%
Aflac Inc.
2.46%
4,337
$387,338,000 0.01%
Colgate-Palmolive Co.
0.48%
3,972
$385,443,000 0.01%
Linde Plc.
2.21%
878
$385,276,000 0.01%
Lancaster Colony Corp.
No change
2,002
$378,318,000 0.01%
Vanguard Whitehall Fds
No change
3,133
$371,574,000 0.01%
Booz Allen Hamilton Hldg Cor
18.91%
2,358
$362,897,000 0.01%
Automatic Data Processing In
1.23%
1,520
$362,809,000 0.01%
Arch Cap Group Ltd
0.25%
3,579
$361,086,000 0.01%
EA Series Trust
No change
17,415
$354,784,000 0.01%
Victory Portfolios II
No change
7,124
$354,776,000 0.01%
VSE Corp.
No change
4,000
$353,120,000 0.01%
Host Hotels Resorts Inc
0.16%
19,592
$352,266,000 0.01%
Crowdstrike Holdings Inc
Opened
885
$339,124,000 0.01%
CVS Health Corp
1.99%
5,488
$324,140,000 0.01%
Morgan Stanley
Closed
3,437
$323,628,000
Stryker Corp.
Closed
903
$323,049,000
Fedex Corp
2.24%
1,046
$313,633,000 0.01%
Palantir Technologies Inc.
14.21%
12,346
$312,725,000 0.01%
Invesco Exchange Traded Fd T
3.95%
8,480
$310,877,000 0.01%
Telos Corp Md
1.77%
75,956
$305,344,000 0.01%
Royal Caribbean Group
7.15%
1,869
$297,975,000 0.01%
Ford Mtr Co Del
5.86%
23,696
$297,148,000 0.01%
Emcor Group, Inc.
No change
800
$292,064,000 0.01%
Schwab Charles Corp
5.86%
3,919
$288,792,000 0.01%
Mccormick Co Inc
0.20%
4,033
$286,102,000 0.01%
Schwab Strategic Tr
Opened
7,388
$283,847,000 0.01%
Globe Life Inc.
Closed
2,399
$279,172,000
Phillips 66
No change
1,958
$276,356,000 0.01%
Fiserv, Inc.
12.71%
1,834
$273,340,000 0.01%
FTI Consulting Inc.
No change
1,266
$272,861,000 0.01%
Weyerhaeuser Co Mtn Be
0.57%
9,585
$272,119,000 0.01%
Enterprise Prods Partners L
Closed
9,272
$270,572,000
Berkley W R Corp
0.15%
3,422
$268,901,000 0.01%
Houlihan Lokey Inc
3.90%
1,970
$265,675,000 0.01%
Oge Energy Corp.
No change
7,422
$264,966,000 0.01%
Skyworks Solutions, Inc.
0.96%
2,479
$264,212,000 0.01%
FVCBankcorp Inc
No change
24,088
$263,041,000 0.01%
Everbridge Inc
No change
7,500
$262,425,000 0.01%
Trade Desk Inc
Opened
2,678
$261,561,000 0.01%
India Fd Inc
Opened
14,635
$261,380,000 0.01%
Brookfield Corp
No change
6,216
$258,508,000 0.01%
Transdigm Group Incorporated
0.50%
201
$256,800,000 0.01%
Carrier Global Corporation
3.43%
4,060
$256,105,000 0.01%
Edwards Lifesciences Corp
2.30%
2,679
$247,460,000 0.01%
Autozone Inc.
No change
83
$246,021,000 0.01%
Ishares Silver Tr
0.55%
9,188
$244,126,000 0.01%
Ishares Tr
Closed
4,378
$243,697,000
General Mls Inc
13.88%
3,852
$243,660,000 0.01%
Willis Towers Watson Plc Ltd
0.11%
924
$242,218,000 0.01%
Ishares Inc
No change
1,628
$240,170,000 0.01%
Ishares Tr
Opened
2,001
$237,679,000 0.01%
Illumina Inc
Closed
1,720
$236,191,000
Exelon Corp.
12.16%
6,815
$235,868,000 0.01%
Shopify Inc
3.66%
3,567
$235,601,000 0.01%
Caci International Inc.
0.93%
543
$233,561,000 0.01%
Fortinet Inc
Closed
3,401
$232,323,000
Coca Cola Cons Inc
Opened
214
$232,190,000 0.01%
Salesforce Inc
Closed
753
$226,789,000
Fs Kkr Cap Corp
Closed
11,827
$225,541,000
Shell Plc
Opened
3,078
$222,144,000 0.01%
Hormel Foods Corp.
Closed
6,343
$221,314,000
Burke Herbert Finl Svcs Corp
No change
4,320
$220,234,000 0.01%
Motorola Solutions Inc
Closed
607
$215,423,000
Medtronic Plc
Closed
2,471
$215,348,000
LKQ Corp
Closed
4,026
$215,029,000
Nxp Semiconductors N V
Opened
792
$213,120,000 0.01%
United Bankshares Inc West V
Closed
5,946
$212,808,000
XPO Inc
No change
2,000
$212,300,000 0.01%
Roper Technologies Inc
0.27%
376
$211,937,000 0.01%
Nucor Corp.
Closed
1,068
$211,358,000
American Tower Corp.
Closed
1,069
$211,224,000
Mettler-Toledo International, Inc.
No change
151
$211,037,000 0.01%
First Tr Exchange-traded Fd
Opened
3,648
$208,907,000 0.01%
Textron Inc.
Closed
2,176
$208,744,000
Gartner, Inc.
8.55%
460
$206,568,000 0.01%
Ge Vernova Inc
Opened
1,203
$206,327,000 0.01%
Abrdn Platinum Etf Trust
Opened
2,253
$206,082,000 0.01%
MetLife, Inc.
Closed
2,779
$205,952,000
Oreilly Automotive Inc
1.04%
195
$205,932,000 0.01%
Norfolk Southn Corp
1.64%
958
$205,674,000 0.01%
Ppg Inds Inc
0.06%
1,622
$204,250,000 0.01%
Clorox Co.
Closed
1,326
$203,024,000
Vanguard Scottsdale Fds
Closed
2,584
$202,147,000
Fortinet Inc
Opened
3,343
$201,483,000 0.01%
Hologic, Inc.
Closed
2,579
$201,059,000
Factset Resh Sys Inc
Closed
442
$200,841,000
Vanguard Intl Equity Index F
Opened
1,776
$200,031,000 0.01%
Park Hotels Resorts Inc
Opened
12,983
$194,486,000 0.01%
Pge Corp
0.14%
11,066
$193,213,000 0.01%
Ecofin Sustainable And Socia
Opened
13,438
$154,672,000 0.00%
KeyCorp
0.40%
10,669
$151,607,000 0.00%
Eaton Vance Tax-managed Glob
Closed
17,068
$139,958,000
Eaton Vance Tax-managed Dive
Closed
10,365
$138,477,000
Intellicheck Inc
33.33%
34,530
$118,093,000 0.00%
Empire St Rlty Tr Inc
Opened
12,000
$112,560,000 0.00%
Liberty All Star Equity Fd
Closed
13,255
$94,774,000
Terran Orbital Corporation
Opened
112,099
$91,922,000 0.00%
Gabelli Equity Tr Inc
Closed
15,268
$84,280,000
Abrdn Australia Equity Fd In
Closed
16,805
$71,590,000
SoFi Technologies, Inc.
4.50%
10,450
$69,075,000 0.00%
Service Pptys Tr
Opened
12,662
$65,083,000 0.00%
Sirius XM Holdings Inc
No change
20,460
$57,902,000 0.00%
Fortress Biotech Inc
Opened
20,584
$35,199,000 0.00%
Esperion Therapeutics Inc Ne
No change
11,615
$25,786,000 0.00%
Inspire Veterinary Partner
Closed
142,736
$6,495,000
No transactions found
Showing first 500 out of 237 holdings