WEALTHFRONT CORP INFORMATION TABLE, Q4 FY2014

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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 December 31, 2014
Context: This filing discloses the equity securities held by Wealthfront Corp, a registered investment adviser, as of the end of the reporting period. The table lists individual holdings, share counts, and market values (in thousands).

Key Financial Metrics

Portfolio Composition: The filing details a diversified portfolio consisting of individual common stocks and Exchange Traded Funds (ETFs).
Top Individual Equity Holdings (by Value):

  • Facebook Inc: $19,063,000 (244,332 shares)
  • Twitter Inc: $19,996,000 (557,453 shares)
  • Microsoft Corp: $2,490,000 (53,604 shares)
  • Apple Inc: $3,844,000 (34,822 shares)
  • Bank of America Corp: $1,184,000 (66,207 shares)
  • Wells Fargo & Co: $1,935,000 (35,303 shares)
Top ETF Holdings (by Value):
  • Vanguard FTSE Developed Markets ETF: $200,598,000 (5,295,607 shares)
  • Vanguard FTSE Emerging Markets ETF: $174,719,000 (4,365,803 shares)
  • Vanguard Total Stock Market Index Fund: $318,425,000 (3,004,006 shares)
  • Schwab Strategic International Equity ETF: $113,271,000 (3,918,052 shares)
  • Schwab Strategic US Dividend Equity ETF: $38,805,000 (973,767 shares)
Liquidity and Debt: The filing text does not provide data on the company's cash flow, debt levels, or liquidity ratios. It strictly reports asset holdings.

Material Changes

The filing text does not provide comparative data for the prior quarter (September 30, 2014). Therefore, material changes in holdings, additions, or deletions versus the prior period cannot be determined from this document alone.

Guidance, Outlook, and Risks

Management Commentary: None provided. Form 13F is a statutory disclosure of holdings and does not contain management discussion or analysis.
Outlook: No forward-looking guidance is included in this filing.
Risks: The filing includes a standard disclaimer stating that the SEC has not reviewed the information for accuracy or completeness. The portfolio is heavily weighted toward large-cap technology stocks and broad market index funds, implying exposure to general market volatility and sector-specific risks in technology and international markets.

Investor Verification Checklist

  • Valuation Accuracy: Verify the total portfolio value by summing the "Value" column (in thousands) to ensure it aligns with the firm's reported Assets Under Management (AUM) for the period.
  • Concentration Risk: Confirm the percentage of the portfolio allocated to the top 10 holdings (notably Facebook, Twitter, and major Vanguard/Schwab ETFs) to assess concentration risk.
  • Share Class Details: Review specific CUSIPs for ETFs to ensure the correct share classes (e.g., Admiral vs. Investor) are held, as this impacts expense ratios.
  • Voting Authority: Note that all listed securities are marked with "Sole" voting authority, indicating Wealthfront exercises full control over voting rights for these positions.
  • Missing Data: Acknowledge that this filing does not disclose short positions, derivatives, or non-equity assets (such as bonds or cash equivalents) unless they are equity-linked.