Latest Elk River Wealth Management, LLC Stock Portfolio

Elk River Wealth Management, LLC Performance:

2024 Q3: 3.45%YTD: 2.21%2023: 17.33%

Performance for 2024 Q3 is 3.45%, and YTD is 2.21%, and 2023 is 17.33%.

About Elk River Wealth Management, LLC and 13F Hedge Fund Stock Holdings

Elk River Wealth Management, LLC is a hedge fund based in DENVER, CO. On 13-Feb-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $830.8 Millions. In it's latest 13F Holdings report, Elk River Wealth Management, LLC reported an equity portfolio of $549.8 Millions as of 30 Sep, 2024.

The top stock holdings of Elk River Wealth Management, LLC are BIL, IJR, CSD. The fund has invested 9.9% of it's portfolio in SPDR SER TR and 6.5% of portfolio in ISHARES TR.

The fund managers got completely rid off CHIPOTLE MEXICAN GRILL INC (CMG) stocks. They significantly reduced their stock positions in MONSTER BEVERAGE CORP NEW (MNST), BOK FINL CORP (BOKF) and WISDOMTREE TR (AGZD). Elk River Wealth Management, LLC opened new stock positions in FIDELITY COVINGTON TRUST (FBCG), BERKSHIRE HATHAWAY INC DEL and VANGUARD CHARLOTTE FDS (BNDX). The fund showed a lot of confidence in some stocks as they added substantially to ALPHABET INC (GOOG), ISHARES TR (AAXJ) and ISHARES TR (IJR).

Elk River Wealth Management, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Elk River Wealth Management, LLC made a return of 3.45% in the last quarter. In trailing 12 months, it's portfolio return was 11.06%.

New Buys

Ticker	$ Bought
fidelity covington trust	3,044,780
berkshire hathaway inc del	971,149
vanguard charlotte fds	532,415
cisco sys inc	221,927
vanguard tax-managed fds	203,477

New stocks bought by Elk River Wealth Management, LLC

Additions

Ticker	% Inc.
alphabet inc	52.18
ishares tr	35.02
ishares tr	23.53
fidelity covington trust	16.59
ishares tr	13.76
victory portfolios ii	9.29
victory portfolios ii	6.97
j p morgan exchange traded f	5.65

Additions to existing portfolio by Elk River Wealth Management, LLC

Reductions

Ticker	% Reduced
monster beverage corp new	-70.69
bok finl corp	-33.34
wisdomtree tr	-6.01
dimensional etf trust	-5.81
ishares tr	-3.37
oreilly automotive inc	-1.34
ishares tr	-1.21
abbott labs	-0.96

Elk River Wealth Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
chipotle mexican grill inc	-216,142

Elk River Wealth Management, LLC got rid off the above stocks

Sector Distribution

Elk River Wealth Management, LLC has about 40.6% of it's holdings in Others sector.

Sector	%
Others	40.6
Technology	21.4
Consumer Cyclical	8.5
Healthcare	8
Financial Services	7.4
Consumer Defensive	5
Industrials	3.5
Communication Services	3.2
Energy	1.7

Market Cap. Distribution

Elk River Wealth Management, LLC has about 58.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	40.6
MEGA-CAP	35.9
LARGE-CAP	22.2
MID-CAP	1.1

Stocks belong to which Index?

About 59.2% of the stocks held by Elk River Wealth Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	58.1
Others	40.8
RUSSELL 2000	1.1

Top 5 Winners (%)		%
MMM	3m co	33.8 %
DASH	doordash inc	31.2 %
PHM	pulte group inc	29.9 %
LOW	lowes cos inc	22.8 %
PGC	peapack-gladstone finl corp	21.0 %

Top 5 Winners ($)		$
IJR	ishares tr	3.1 M
PHM	pulte group inc	2.8 M
AAPL	apple inc	2.4 M
IJR	ishares tr	1.5 M
LOW	lowes cos inc	1.4 M

Top 5 Losers (%)		%
ATEC	alphatec hldgs inc	-46.8 %
EW	edwards lifesciences corp	-28.3 %
CDNS	cadence design system inc	-11.9 %
GOOG	alphabet inc	-8.9 %
MRK	merck & co inc	-8.2 %

Top 5 Losers ($)		$
EW	edwards lifesciences corp	-1.9 M
GOOG	alphabet inc	-1.6 M
MSFT	microsoft corp	-0.9 M
AMZN	amazon com inc	-0.5 M
INTU	intuit	-0.5 M

Elk River Wealth Management, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Elk River Wealth Management, LLC

Elk River Wealth Management, LLC has 97 stocks in it's portfolio. About 50.2% of the portfolio is in top 10 stocks. EW proved to be the most loss making stock for the portfolio. IJR was the most profitable stock for Elk River Wealth Management, LLC last quarter.

Last Reported on: 11 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	4.53	106,964	24,922,600	added	0.88

AAXJ	ishares tr	0.07	5,155	413,946	added	35.02

ABBV	abbvie inc	0.20	5,611	1,108,060	reduced	-0.53

ABT	abbott labs	0.11	5,378	613,146	reduced	-0.96

ACN	accenture plc ireland	1.31	20,381	7,204,280	added	0.16

ADBE	adobe inc	0.70	7,488	3,877,140	added	0.19

AGZD	wisdomtree tr	0.10	6,172	578,975	reduced	-6.01

AMLX	amplify etf tr	0.04	3,500	238,980	unchanged	0.00

AMZN	amazon com inc	2.62	77,182	14,381,300	added	0.73

APH	amphenol corp new	1.33	112,375	7,340,620	added	1.97

ATEC	alphatec hldgs inc	0.01	10,000	55,600	unchanged	0.00

AVGO	broadcom inc	3.54	112,832	19,463,900	added	1.36

BBAX	j p morgan exchange traded f	3.89	323,984	21,392,700	added	5.65

BIL	spdr ser tr	9.95	385,024	54,689,600	added	2.17

BLK	blackrock inc	0.76	4,418	4,195,000	added	0.45

BNDX	vanguard charlotte fds	0.10	10,589	532,415	new

BOKF	bok finl corp	0.12	6,094	637,554	reduced	-33.34

CAT	caterpillar inc	0.05	750	293,340	unchanged	0.00

CDC	victory portfolios ii	0.29	31,547	1,602,900	added	9.29

CDNS	cadence design system inc	0.10	2,000	542,060	unchanged	0.00