SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Wealthfront Corp
Filing Type: Form 13F Information Table
Reporting Period: Quarter ended June 30, 2014
Context: This filing discloses the equity securities held by Wealthfront Corp, a registered investment adviser, as of the end of the second quarter of 2014. The filing lists individual holdings, share counts, and voting authority but does not contain financial statements regarding Wealthfront's own operations.
Key Financial Metrics
Revenue, Profit, Cash Flow, Margins, Debt, Liquidity: The filing text does not provide a clear value for these metrics. Form 13F filings are designed to disclose portfolio holdings of investment managers, not the financial performance, balance sheet, or cash flow of the reporting company itself.
Material Changes and Portfolio Composition
While prior period data is not included in this specific text to calculate percentage changes, the portfolio composition as of June 30, 2014, reveals the following characteristics:
- Asset Class: The portfolio consists primarily of U.S. common stocks and Exchange Traded Funds (ETFs).
- Top Holdings by Share Count:
- Vanguard Tax-Managed Capital Apprecment Fund: 5,092,678 shares
- Vanguard FTSE Developed Markets ETF: 4,522,930 shares
- Vanguard Index Fund - Total Stock Market Index: 2,689,567 shares
- Twitter Inc: 599,419 shares
- Barclays Bank PLC: 1,165,831 shares
- Top Holdings by Value (Approximate based on Value column):
- Barclays Bank PLC: $45,840,000
- Twitter Inc: $24,774,000
- Proofpoint Inc: $2,965,000
- Trulia Inc: $2,088,000
- Voting Authority: Wealthfront Corp reported "Sole" voting authority for all listed securities.
Guidance, Outlook, and Risks
Guidance and Outlook: The filing text does not provide a clear value for management commentary, future guidance, or strategic outlook. Form 13F is a regulatory disclosure of past holdings, not a forward-looking document.
Risks and Contingencies: No specific risks or contingencies are detailed in this filing. The standard SEC disclaimer notes that the Commission has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing the "Value" column (in thousands) to understand the scale of assets under management reported.
- Confirm the concentration risk by analyzing the percentage of the portfolio held in the top 10 positions (e.g., Barclays, Twitter, Vanguard ETFs).
- Check subsequent filings (e.g., for the quarter ended September 30, 2014) to determine if the large positions in Twitter and Barclays were maintained or liquidated.
- Review the company's own 10-K or 10-Q filings (if available) for actual financial performance metrics, as this 13F does not contain them.