Segment Wealth Management Portfolio holdings
Segment Wealth Management is a fee-only wealth manager owned by Gil Baumgarten, a former Wall Street broker turned fee-only fiduciary. The firm's name comes from segmentation, a woodworking art form that Baumgarten practices. Its clients include high net worth individuals, pension and profit sharing plans and charities, and it may also be hired to help sponsors of employee retirement plans select and monitor the plans' investment options, generally mutual funds.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
GE Vernova
GEV
|
+$11.2M |
| 2 |
Meta Platforms (Facebook)
META
|
+$10.9M |
| 3 |
TJX Companies
TJX
|
+$10.7M |
| 4 |
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
|
+$5.89M |
| 5 |
Zoetis
ZTS
|
+$3.79M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab US Dividend Equity ETF
SCHD
|
+$21.3M |
| 2 |
Equinix
EQIX
|
+$9.19M |
| 3 |
Old Dominion Freight Line
ODFL
|
+$6.94M |
| 4 |
Prologis
PLD
|
+$5M |
| 5 |
State Street SPDR S&P Regional Banking ETF
KRE
|
+$4.97M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 25.08% |
| 2 | Technology | 20.99% |
| 3 | Financials | 19.17% |
| 4 | Healthcare | 8.4% |
| 5 | Industrials | 7.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Vanguard Morningstar Total Stock Market ETF
VTI
$686B
| $79.5M | 5.87% |
297,367
+4,215
| +1% | +$1.09M |
2013 Q2
44 quarters
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.26T
| $59.5M | 4.39% |
146,182
+797
| +0.5% | +$326K |
2013 Q2
44 quarters
|
|
3
S&P Global
SPGI
$137B
| $48.8M | 3.6% |
109,363
-417
| -0.4% | -$179K |
2017 Q3
27 quarters
|
|
4
Berkshire Hathaway Class A
BRK.A
$1.26T
| $43.5M | 3.21% |
71
| – | – |
2017 Q2
28 quarters
|
|
5
Invesco QQQ Trust
QQQ
$459B
| $40M | 2.95% |
83,579
-1,516
| -2% | -$682K |
2013 Q2
44 quarters
|
|
6
Broadcom
AVGO
$1.65T
| $37.5M | 2.77% |
233,630
-7,960
| -3% | -$1.12M |
2018 Q2
24 quarters
|
|
7
Apple
AAPL
$5.19T
| $31.4M | 2.32% |
149,094
-3,294
| -2% | -$614K |
2013 Q2
44 quarters
|
|
8
Microsoft
MSFT
$3.9T
| $30.8M | 2.27% |
68,872
+1,223
| +2% | +$516K |
2015 Q4
34 quarters
|
|
9
ASML
ASML
$569B
| $24.8M | 1.83% |
24,283
+66
| +0.3% | +$63.4K |
2018 Q1
25 quarters
|
|
10
Novo Nordisk
NVO
$183B
| $21.2M | 1.57% |
148,689
-3,961
| -3% | -$525K |
2023 Q1
5 quarters
|
|
11
ExxonMobil
XOM
$692B
| $20.8M | 1.54% |
180,779
+11,659
| +7% | +$1.36M |
2013 Q2
44 quarters
|
|
12
NVIDIA
NVDA
$3.89T
| $20.6M | 1.52% |
167,107
-27,393
| -14% | -$2.77M |
2019 Q1
21 quarters
|
|
13
Intuit
INTU
$91.2B
| $20.1M | 1.49% |
30,648
+431
| +1% | +$267K |
2020 Q1
17 quarters
|
|
14
State Street SPDR S&P 500 ETF Trust
SPY
$797B
| $19.1M | 1.41% |
35,141
-54
| -0.2% | -$28.3K |
2013 Q2
44 quarters
|
|
15
McKesson
MCK
$127B
| $18.2M | 1.34% |
31,195
+262
| +0.8% | +$146K |
2022 Q2
8 quarters
|
|
16
Costco
COST
$490B
| $18.1M | 1.34% |
21,289
-12
| -0.1% | -$9.36K |
2020 Q3
15 quarters
|
|
17
Cintas
CTAS
$90.1B
| $18M | 1.33% |
103,000
+576
| +0.6% | +$98.4K |
2019 Q3
19 quarters
|
|
18
Walmart Inc
WMT
$1.01T
| $17.7M | 1.31% |
261,754
+2,730
| +1% | +$172K |
2017 Q2
28 quarters
|
|
19
Garmin
GRMN
$54.8B
| $17.6M | 1.3% |
108,059
-387
| -0.4% | -$60.9K |
2016 Q3
31 quarters
|
|
20
Stryker
SYK
$118B
| $17.5M | 1.29% |
51,427
+820
| +2% | +$278K |
2014 Q4
38 quarters
|
|
21
Visa
V
$796B
| $16.8M | 1.24% |
64,179
+1,075
| +2% | +$295K |
2016 Q3
31 quarters
|
|
22
Marsh
MRSH
$98.9B
| $16.6M | 1.23% |
78,919
+851
| +1% | +$175K |
2013 Q2
44 quarters
|
|
23
Home Depot
HD
$348B
| $16.1M | 1.19% |
46,774
+231
| +0.5% | +$78.8K |
2013 Q2
44 quarters
|
|
24
UnitedHealth
UNH
$361B
| $15.4M | 1.13% |
30,160
+333
| +1% | +$163K |
2014 Q1
41 quarters
|
|
25
Danaher
DHR
$162B
| $15M | 1.11% |
60,145
+2,604
| +5% | +$658K |
2018 Q1
25 quarters
|
|
Similar funds
Segment Wealth Management's Q2 2024 Portfolio in Review
As of Q2 2024, Segment Wealth Management held 265 positions worth $1.36B, up 3% from $1.32B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Segment Wealth Management's Q2 2024 filing shows 11 new, 103 increased, 60 reduced and 6 closed positions. Its largest new stake was GE Vernova: 70,816 shares worth $12.1M. The largest sale was Schwab US Dividend Equity ETF, an estimated $21.3M.
By sector, the portfolio is most concentrated in Miscellaneous at 25% of assets, down from 27% a quarter earlier, followed by Technology and Financials.
- Segment Wealth Management's largest Q2 2024 buy was GE Vernova: 70,816 shares worth $12.1M.
- Segment Wealth Management added most to Meta Platforms (Facebook) in Q2 2024, an estimated $10.9M increase.
- Segment Wealth Management's biggest Q2 2024 reduction was Schwab US Dividend Equity ETF, cutting an estimated $21.3M.
- Segment Wealth Management fully exited State Street SPDR S&P Regional Banking ETF in Q2 2024, selling an estimated $4.97M.
- Segment Wealth Management's ten largest holdings make up 31% of its $1.36B portfolio in Q2 2024.
- Segment Wealth Management opened 11 new positions and closed 6 in Q2 2024.
- Segment Wealth Management's portfolio value rose 3% quarter-over-quarter to $1.36B.
Based on Segment Wealth Management's 13F filing for Q2 2024, filed 23 Jul 2024.