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 September 30, 2015
Context: This filing discloses the equity securities held by Wealthfront Corp, a registered investment adviser, as of the end of the third quarter of 2015. The table lists individual holdings, share counts, and market values for a diversified portfolio of U.S. and international equities and exchange-traded funds (ETFs).
Key Financial Metrics
Note: As a Form 13F filing, this document reports portfolio holdings rather than the company's own operating financials (revenue, profit, cash flow). The following metrics reflect the reported investment portfolio.
- Portfolio Composition: The portfolio consists of hundreds of individual equity positions and ETFs across various sectors including Technology, Financials, Healthcare, Consumer Staples, and Energy.
- Top Equity Holdings (by Value):
- Facebook Inc (Class A): $23,179,000
- General Electric Co: $4,267,000
- Microsoft Corp: $4,606,000
- Apple Inc: $9,380,000
- Amazon.com Inc: $4,378,000
- Altria Group Inc: $2,389,000
- AT&T Inc: $2,484,000
- Top ETF Holdings (by Value):
- Vanguard FTSE Emerging Markets ETF: $264,743,000
- Vanguard Total Stock Market Index Fund: $376,031,000
- Schwab International Equity ETF: $101,678,000
- Schwab U.S. Broad Market ETF: $91,371,000
- ISHARES TR CORE MSCI EMKT: $151,152,000
- Voting Authority: Wealthfront Corp reported "Sole" voting authority for all listed positions.
Material Changes
The filing text provided is a static snapshot of holdings as of September 30, 2015. It does not contain comparative data from the prior quarter (June 30, 2015) or year-over-year figures. Therefore, material changes in position size, new acquisitions, or divestitures cannot be determined from this document alone.
Guidance, Outlook, and Risks
Guidance and Outlook: Form 13F filings are historical disclosures and do not contain forward-looking guidance, management commentary, or strategic outlooks regarding the company's future performance or market expectations.
Risks and Contingencies: The filing includes a standard disclaimer stating that the SEC has not reviewed the information for accuracy or completeness. No specific risk factors or contingencies related to the company's operations are disclosed in this format.
Investor Verification Checklist
- Portfolio Concentration: Verify the total aggregate value of the portfolio to understand the scale of assets under management relative to the top holdings listed.
- ETF Exposure: Confirm the specific underlying assets of the large ETF positions (e.g., Vanguard FTSE Emerging Markets) to assess true sector and geographic exposure.
- Turnover Rate: Compare this filing with the Q2 2015 Form 13F to calculate portfolio turnover and identify significant strategic shifts.
- Valuation Accuracy: Note that values are reported in thousands; ensure calculations account for this scaling when aggregating totals.
- Regulatory Compliance: Confirm that the "Sole" voting authority designation aligns with the firm's advisory agreements and client mandates.