Equal-WT
WhaleScore 2.0
?
Shulman Demeo Asset Management is based out of Lake Success. Shulman Demeo Asset Management is a large advisory firm with 356 clients and discretionary assets under management (AUM) of $680,025,056 (Form ADV from 2025-03-12). Their last reported 13F filing for Q1 2025 included $356,138,730 in managed 13F securities
and a top 10 holdings concentration of 80.0%. Shulman Demeo Asset Management's largest holding is SPDR S&P 500 ETF TRUST with shares held of 386,680. Whalewisdom has at least 26 13F filings
Business Description
Shulman DeMeo engages in third-party referral agreements, compensating solicitors for client referrals with a percentage of investment advisory fees. This arrangement presents a conflict of interest, as the solicitor is incentivized to recommend advisory services for personal economic gain. To address this, Shulman DeMeo requires solicitors to provide potential clients with a disclosure brochure and a statement outlining the compensation and terms of the solicitation arrangement.
Certain professionals at Shulman DeMeo are also licensed independent insurance agents, allowing them to conduct insurance transactions for clients and receive commissions in addition to their employee compensation. This creates a conflict of interest, as these professionals may be incentivized to recommend insurance products based on commission rather than client needs. Shulman DeMeo attempts to mitigate this conflict by disclosing it to clients. Shulman DeMeo is also the sole portfolio manager for the Program. A potential conflict of interest arises in that Shulman DeMeo has a disincentive to trade securities in the client account because the execution costs for transactions are paid by Shulman DeMeo.
Known Email Addresses
(Subscription Required)
Other Contact Information
(Subscription Required)
2025-03-31
Top Buys (13F)
| Name | % Change |
|---|---|
| DIS Walt Disney Co. (The | 0.16% |
| FPE First Trust Preferre | 0.11% |
| BHK BlackRock Core Bond | 0.08% |
| TRV Travelers Companies | 0.08% |
| CVX Chevron Corp. | 0.07% |
2025-03-31
Top Sells (13F)
| Name | % Change |
|---|---|
| SPY SPDR S&P 500 ETF TRU | 0.6% |
| AAPL Apple Inc | 0.34% |
| IJR iShares Core S&P Sma | 0.18% |
| XLK The Technology Selec | 0.16% |
| T AT&T, Inc. | 0.14% |
2025-03-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| SPY SPDR S&P 500 ETF TRU | 60.74% |
| AAPL Apple Inc | 3.97% |
| EFA iShares MSCI EAFE ET | 3.43% |
| IVV iShares Core S&P 500 | 3.08% |
| IJR iShares Core S&P Sma | 2.64% |
2025-03-31
13F Activity
| Market Value | $356m, Prior: $371m |
| Inflows (Outflows) as % of Total MV | (-0.561)% |
| New Purchases | 4 stocks |
| Added To | 44 stocks |
| Sold out of | 6 stocks |
| Reduced holdings in | 54 stocks |
| Top 10 Holdings % | 80% |
| Turnover %[1] | 8.2% |
| Turnover Alt %[2] | 0.57% |
| Time Held Top 20 | 10.4 quarters |
| Time Held Top 10 | 9 quarters |
| Time Held All | 20.09 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.
2025-03-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2025-03-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2025-03-31