Advantage Investment Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
First Trust Capital Strength ETF
FTCS
|
+$10.2M |
| 2 |
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
|
+$8.99M |
| 3 |
First Trust Value Line Dividend Fund
FVD
|
+$8.88M |
| 4 |
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
|
+$6.29M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$5.04M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$10.5M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$9.7M |
| 3 |
State Street SPDR Russell 1000 Low Volatility Focus ETF
ONEV
|
+$8.47M |
| 4 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
+$7.62M |
| 5 |
First Trust Dorsey Wright Focus 5 ETF
FV
|
+$6.15M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 7.11% |
| 2 | Energy | 3.92% |
| 3 | Healthcare | 3.81% |
| 4 | Technology | 3.23% |
| 5 | Consumer Discretionary | 2.3% |
Similar funds
Advantage Investment Management's Q4 2016 Portfolio in Review
As of Q4 2016, Advantage Investment Management held 1,063 positions worth $270M, down 1.3% from $274M the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Advantage Investment Management withdrew a net $10.4M in Q4 2016, closing 81 positions and reducing 213 holdings. Its most notable exit was First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund, an estimated $952K position sold in full.
By sector, the portfolio is most concentrated in Financials at 7.1% of assets, up from 6.4% a quarter earlier, followed by Energy and Healthcare.
Against the trend, Advantage Investment Management opened a new position in First Trust Capital Strength ETF worth $10.4M.
- Advantage Investment Management's largest Q4 2016 buy was First Trust Capital Strength ETF: 253,679 shares worth $10.4M.
- Advantage Investment Management added most to First Trust Value Line Dividend Fund in Q4 2016, an estimated $8.88M increase.
- Advantage Investment Management's biggest Q4 2016 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $10.5M.
- Advantage Investment Management fully exited First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in Q4 2016, selling an estimated $952K.
- Advantage Investment Management's ten largest holdings make up 32% of its $270M portfolio in Q4 2016.
- Advantage Investment Management opened 120 new positions and closed 81 in Q4 2016.
- Advantage Investment Management's portfolio value fell 1.3% quarter-over-quarter to $270M.
Based on Advantage Investment Management's 13F filing for Q4 2016, filed 17 Feb 2017.