Advisors Preferred Portfolio holdings

Advisors Preferred's Q3 2014 Portfolio in Review

As of Q3 2014, Advisors Preferred held 445 positions worth $155M, down 22% from $198M the previous quarter. Its ten largest holdings account for 39% of the portfolio.

Advisors Preferred withdrew a net $36.1M in Q3 2014, closing 242 positions and reducing 45 holdings. Its most notable exit was iShares Russell Mid-Cap Growth ETF, an estimated $7.03M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 97% of assets, down from 97% a quarter earlier, followed by Technology and Financials.

Against the trend, Advisors Preferred opened a new position in Direxion Daily MSCI Emerging Markets Bull 3X ETF worth $7.83M.

• Advisors Preferred's largest Q3 2014 buy was Direxion Daily MSCI Emerging Markets Bull 3X ETF: 72,881 shares worth $7.83M.
• Advisors Preferred added most to iShares US Technology ETF in Q3 2014, an estimated $8.73M increase.
• Advisors Preferred's biggest Q3 2014 reduction was ProShares Ultra Real Estate, cutting an estimated $5.94M.
• Advisors Preferred fully exited iShares Russell Mid-Cap Growth ETF in Q3 2014, selling an estimated $7.03M.
• Advisors Preferred's ten largest holdings make up 39% of its $155M portfolio in Q3 2014.
• Advisors Preferred opened 124 new positions and closed 242 in Q3 2014.
• Advisors Preferred's portfolio value fell 22% quarter-over-quarter to $155M.

Based on Advisors Preferred's 13F filing for Q3 2014, filed 12 Nov 2014.