Equal-WT
WhaleScore 2.0
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Spirit OF America Management Corp is based out of Syosset. Spirit OF America Management Corp is a large advisory firm with 40 clients and discretionary assets under management (AUM) of $568,673,465 (Form ADV from 2024-01-25). Their last reported 13F filing for Q2 2024 included $492,877,245 in managed 13F securities
and a top 10 holdings concentration of 29.38%. Spirit OF America Management Corp's largest holding is NVIDIA Corp. with shares held of 252,370. Whalewisdom has at least 91 13F filings
Business Description
SOA Premier Assets' advisory business comprises two main components. Firstly, they provide portfolio management services to mutual funds, with their sole investment company client being Spirit of America Investment Fund, Inc. These services are governed by an investment advisory agreement and further details can be found in the prospectus of the investment fund.
Secondly, SOA Premier Assets offers the SOA Premier Assets Program to retail investors. The terms and conditions of the advice provided under this program are outlined in Items 4 and 6 of the document.
Investment Strategy
**Conservative Strategy:**
This strategy aims for a conservative approach by investing in a mix of mutual funds and ETFs focused on large-cap equities, growth and value stocks, taxable municipal bonds, corporate bonds, treasury securities, preferred securities, and dividend-paying equities. It may also include shorter duration, fixed income securities and small, mid, and large-cap issuers.
**Equity-Weighted Strategy:**
This strategy seeks long-term growth and capital appreciation through diversified investments in equity securities. It invests in mutual funds and ETFs with portfolios containing small, mid, and large-cap issuers, as well as growth and value stocks. It may also include portfolio holdings of income-oriented products such as master limited partnerships, dividend-paying equities, and preferred securities.
Known Email Addresses
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2024-06-30
Top Buys (13F)
| Name | % Change |
|---|---|
| XOM ExxonMobil Corp. (St | 1.85% |
| AMZN Amazon.com Inc. | 0.34% |
| GOOGL Alphabet Inc. Class | 0.32% |
| CMG Chipotle Mexican Gri | 0.22% |
| IRM Iron Mountain, Inc. | 0.18% |
2024-06-30
Top Sells (13F)
| Name | % Change |
|---|---|
| PXD Pioneer Natural Reso | 1.89% |
| MPC Marathon Petroleum C | 0.94% |
| PSX Phillips 66 | 0.93% |
| VLO Valero Energy Corp. | 0.64% |
| OKE ONEOK Inc. (Oklahoma | 0.64% |
2024-06-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| NVDA NVIDIA Corp. | 6.33% |
| WMB Williams Cos. (The) | 3.06% |
| XOM ExxonMobil Corp. (St | 2.82% |
| VLO Valero Energy Corp. | 2.79% |
| PSX Phillips 66 | 2.73% |
2024-06-30
13F Activity
| Market Value | $493m, Prior: $496m |
| Inflows (Outflows) as % of Total MV | (-2.5547)% |
| New Purchases | 33 stocks |
| Added To | 65 stocks |
| Sold out of | 5 stocks |
| Reduced holdings in | 63 stocks |
| Top 10 Holdings % | 29.38% |
| Turnover %[1] | 11.91% |
| Turnover Alt %[2] | 6.38% |
| Time Held Top 20 | 13.45 quarters |
| Time Held Top 10 | 6.8 quarters |
| Time Held All | 20.75 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