Equal-WT
WhaleScore 2.0
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Glassman Wealth Services is based out of Vienna. Glassman Wealth Services is a large advisory firm with 368 clients and discretionary assets under management (AUM) of $1,915,440,483 (Form ADV from 2024-07-01). Their last reported 13F filing for Q2 2024 included $542,459,514 in managed 13F securities
and a top 10 holdings concentration of 89.92%. Glassman Wealth Services's largest holding is VANGUARD 500 INDEX FUND-ETF Shares with shares held of 287,161. Whalewisdom has at least 41 13F filings
Business Description
Glassman Wealth Services, LLC (GWS) is a registered investment advisor that provides financial planning and related consulting services. Their services include tax and estate planning, insurance, and other financial planning issues. GWS charges an advisory fee for these services, which remains the same regardless of whether or not the client chooses to address financial planning issues with them.
GWS does not serve as an attorney, accountant, or insurance agent, and they do not prepare legal documents, tax returns, or sell insurance products. They may recommend the services of other professionals for non-investment implementation purposes, but the client is not obligated to engage any such professional. The client retains absolute discretion over all implementation decisions and is free to accept or reject any recommendation from GWS.
Investment Strategy
GWS utilizes two primary investment strategies: Long Term Purchases and Short Term Purchases. Long Term Purchases involve holding securities for at least a year, while Short Term Purchases involve selling securities within a year.
Both strategies have inherent risks and limitations. Long-term strategies require a longer investment time period to potentially develop, while shorter-term strategies require a shorter time period but may incur higher transactional costs due to more frequent trading.
Owners
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2024-06-30
Top Buys (13F)
| Name | % Change |
|---|---|
| SNA Snap-On Inc. | 4.91% |
| DGRW WisdomTree U.S. Qual | 0.28% |
| SCHA Schwab U.S. Small-Ca | 0.09% |
| DFAC Dimensional U.S. Cor | 0.08% |
| DFIC Dimensional Internat | 0.07% |
2024-06-30
Top Sells (13F)
| Name | % Change |
|---|---|
| IVV iShares Core S&P 500 | 0.22% |
| IWB iShares Russell 1000 | 0.2% |
| VTEB VANGUARD TAX-EXEMPT | 0.15% |
| VTI VANGUARD TOTAL STOCK | 0.14% |
| SCHV Schwab U.S. Large-Ca | 0.14% |
2024-06-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| VOO VANGUARD 500 INDEX F | 26.48% |
| FNDX Schwab Fundamental U | 18.4% |
| DGRW WisdomTree U.S. Qual | 10.61% |
| VEU VANGUARD FTSE ALL-WO | 9.49% |
| DFAC Dimensional U.S. Cor | 7.33% |
2024-06-30
13F Activity
| Market Value | $0.54b, Prior: $495m |
| Inflows (Outflows) as % of Total MV | +7.3604% |
| New Purchases | 20 stocks |
| Added To | 41 stocks |
| Sold out of | 32 stocks |
| Reduced holdings in | 41 stocks |
| Top 10 Holdings % | 89.92% |
| Turnover %[1] | 23.21% |
| Turnover Alt %[2] | 0.71% |
| Time Held Top 20 | 10.4 quarters |
| Time Held Top 10 | 8.6 quarters |
| Time Held All | 15.74 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-06-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-06-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-06-30