Advisors Preferred Portfolio holdings

Advisors Preferred's Q4 2016 Portfolio in Review

As of Q4 2016, Advisors Preferred held 295 positions worth $192M, down 10% from $214M the previous quarter. Its ten largest holdings account for 62% of the portfolio.

Advisors Preferred withdrew a net $38.4M in Q4 2016, closing 110 positions and reducing 43 holdings. Its most notable exit was First Trust Dow Jones Internet Index Fund ETF, an estimated $16.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 1.5% of assets, down from 1.8% a quarter earlier, followed by Technology and Industrials.

Against the trend, Advisors Preferred opened a new position in Invesco Leisure and Entertainment ETF worth $9.75M.

• Advisors Preferred's largest Q4 2016 buy was Invesco Leisure and Entertainment ETF: 243,650 shares worth $9.75M.
• Advisors Preferred added most to iShares Russell 2000 Growth ETF in Q4 2016, an estimated $9.36M increase.
• Advisors Preferred's biggest Q4 2016 reduction was Vanguard Materials ETF, cutting an estimated $13.6M.
• Advisors Preferred fully exited First Trust Dow Jones Internet Index Fund ETF in Q4 2016, selling an estimated $16.4M.
• Advisors Preferred's ten largest holdings make up 62% of its $192M portfolio in Q4 2016.
• Advisors Preferred opened 117 new positions and closed 110 in Q4 2016.
• Advisors Preferred's portfolio value fell 10% quarter-over-quarter to $192M.

Based on Advisors Preferred's 13F filing for Q4 2016, filed 10 Feb 2017.