Latest King Wealth Stock Portfolio
King Wealth Performance:
2024 Q3: 4.74%YTD: 14.96%2023: 21.05%
Performance for 2024 Q3 is 4.74%, and YTD is 14.96%, and 2023 is 21.05%.
About King Wealth and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, King Wealth Management Group reported an equity portfolio of $641.7 Millions as of 30 Sep, 2024.
The top stock holdings of King Wealth Management Group are IJR, QQQ, MSFT. The fund has invested 13.4% of it's portfolio in ISHARES TR IVV and 8.9% of portfolio in INVESCO QQQ TR.
The fund managers got completely rid off NOVO-NORDISK A S, DOLLAR GEN CORP NEW (DG) and GENERAL DYNAMICS CORP (GD) stocks. They significantly reduced their stock positions in JOHNSON & JOHNSON (JNJ), VANGUARD INDEX FDS VTV (VB) and PROTAGONIST THERAPEUTICS INC (PTGX). King Wealth Management Group opened new stock positions in TRANE TECHNOLOGIES PLC (TT), TEVA PHARMACEUTICAL INDS LTD (TEVA) and BP PLC. The fund showed a lot of confidence in some stocks as they added substantially to PARKER-HANNIFIN CORP (PH), ISHARES TR IWD (IJR) and HERON THERAPEUTICS INC (HRTX).
The top stock holdings of King Wealth Management Group are IJR, QQQ, MSFT. The fund has invested 13.4% of it's portfolio in ISHARES TR IVV and 8.9% of portfolio in INVESCO QQQ TR.
The fund managers got completely rid off NOVO-NORDISK A S, DOLLAR GEN CORP NEW (DG) and GENERAL DYNAMICS CORP (GD) stocks. They significantly reduced their stock positions in JOHNSON & JOHNSON (JNJ), VANGUARD INDEX FDS VTV (VB) and PROTAGONIST THERAPEUTICS INC (PTGX). King Wealth Management Group opened new stock positions in TRANE TECHNOLOGIES PLC (TT), TEVA PHARMACEUTICAL INDS LTD (TEVA) and BP PLC. The fund showed a lot of confidence in some stocks as they added substantially to PARKER-HANNIFIN CORP (PH), ISHARES TR IWD (IJR) and HERON THERAPEUTICS INC (HRTX).
King Wealth Annual Return Estimates Vs S&P 500
Our best estimate is that King Wealth Management Group made a return of 4.74% in the last quarter. In trailing 12 months, it's portfolio return was 25.99%.
New Buys
| Ticker | $ Bought |
|---|---|
| trane technologies plc | 1,879,000 |
| teva pharmaceutical inds ltd | 1,768,000 |
| bp plc | 678,000 |
| jd.com inc | 528,000 |
| mckesson corp | 264,000 |
| airbnb inc | 253,000 |
| starbucks corp | 232,000 |
| ge vernova inc | 230,000 |
New stocks bought by King Wealth
Additions
| Ticker | % Inc. |
|---|---|
| parker-hannifin corp | 439 |
| ishares tr iwd | 72.98 |
| heron therapeutics inc | 52.29 |
| disney walt co | 44.37 |
| microsoft corp | 36.07 |
| stevanato group s p a | 30.22 |
| crowdstrike hldgs inc | 26.95 |
| aldeyra therapeutics inc | 24.55 |
Additions to existing portfolio by King Wealth
Reductions
| Ticker | % Reduced |
|---|---|
| johnson & johnson | -68.36 |
| vanguard index fds vtv | -57.53 |
| protagonist therapeutics inc | -50.00 |
| salesforce inc | -49.21 |
| at&t inc | -42.74 |
| darden restaurants inc | -33.21 |
| united therapeutics corp del | -25.00 |
| fidelity covington trust felc | -21.99 |
King Wealth reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| novo-nordisk a s | -2,110,000 |
| dakota gold corp | -33,000 |
| ford mtr co del | -131,000 |
| dollar gen corp new | -924,000 |
| bank america corp | -208,000 |
| general dynamics corp | -278,000 |
King Wealth got rid off the above stocks
Sector Distribution
King Wealth Management Group has about 47.4% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 47.4 |
| Technology | 17.3 |
| Healthcare | 8.8 |
| Financial Services | 7.7 |
| Consumer Defensive | 5 |
| Consumer Cyclical | 4.7 |
| Industrials | 4.2 |
| Communication Services | 3.5 |
| Energy | 1.1 |
Market Cap. Distribution
King Wealth Management Group has about 52.2% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 47.4 |
| MEGA-CAP | 41.3 |
| LARGE-CAP | 10.9 |
Stocks belong to which Index?
About 51% of the stocks held by King Wealth Management Group either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 51 |
| Others | 48.7 |
King Wealth Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of King Wealth
King Wealth Management Group has 151 stocks in it's portfolio. About 55.9% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. IJR was the most profitable stock for King Wealth Management Group last quarter.
Last Reported on: 06 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 4.52 | 124,360 | 28,976,000 | reduced | -0.7 | ||
| AAXJ | ishares tr pff | 0.19 | 35,878 | 1,192,000 | reduced | -4.37 | ||
| ABBV | abbvie inc | 0.23 | 7,618 | 1,504,000 | reduced | -1.94 | ||
| ABNB | airbnb inc | 0.04 | 2,000 | 253,000 | new | |||
| ABT | abbott labs | 0.19 | 10,769 | 1,228,000 | added | 0.43 | ||
| ALDX | aldeyra therapeutics inc | 0.01 | 13,700 | 74,000 | added | 24.55 | ||
| AMD | advanced micro devices inc | 0.07 | 2,880 | 473,000 | reduced | -2.21 | ||
| AME | ametek inc | 0.04 | 1,365 | 234,000 | unchanged | 0.00 | ||
| AMGN | amgen inc | 0.30 | 6,059 | 1,952,000 | reduced | -7.58 | ||
| AMZN | amazon com inc | 1.38 | 47,466 | 8,844,000 | added | 13.68 | ||
| AROW | arrow finl corp | 0.04 | 8,957 | 257,000 | reduced | -7.31 | ||
| AVGO | broadcom inc | 0.07 | 2,604 | 449,000 | added | 4.16 | ||
| AWR | amer states wtr co | 0.09 | 7,000 | 583,000 | unchanged | 0.00 | ||
| AXP | american express co | 0.03 | 797 | 216,000 | new | |||
| BA | boeing co | 0.03 | 1,367 | 208,000 | reduced | -5.53 | ||
| BAB | invesco exch traded fd tr vrp | 0.16 | 42,353 | 1,036,000 | reduced | -1.04 | ||
| BAC | bank america corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BIL | spdr ser tr sdy | 0.07 | 2,997 | 426,000 | added | 9.14 | ||
| BIL | spdr ser tr jnk | 0.05 | 3,124 | 305,000 | reduced | -1.33 | ||
| BIV | vanguard bd index fds bnd | 0.09 | 7,256 | 545,000 | reduced | -5.46 | ||