Advisors Preferred Portfolio holdings

Advisors Preferred's Q3 2017 Portfolio in Review

As of Q3 2017, Advisors Preferred held 327 positions worth $173M, down 5.1% from $182M the previous quarter. Its ten largest holdings account for 53% of the portfolio.

Advisors Preferred withdrew a net $13.6M in Q3 2017, closing 121 positions and reducing 29 holdings. Its most notable exit was iShares Semiconductor ETF, an estimated $13.8M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 1.4% of assets, up from 0.78% a quarter earlier, followed by Technology and Materials.

Against the trend, Advisors Preferred opened a new position in iShares US Technology ETF worth $9.37M.

• Advisors Preferred's largest Q3 2017 buy was iShares US Technology ETF: 249,908 shares worth $9.37M.
• Advisors Preferred added most to iShares MSCI Emerging Markets ETF in Q3 2017, an estimated $4.06M increase.
• Advisors Preferred's biggest Q3 2017 reduction was iShares MSCI EAFE ETF, cutting an estimated $4.86M.
• Advisors Preferred fully exited iShares Semiconductor ETF in Q3 2017, selling an estimated $13.8M.
• Advisors Preferred's ten largest holdings make up 53% of its $173M portfolio in Q3 2017.
• Advisors Preferred opened 127 new positions and closed 121 in Q3 2017.
• Advisors Preferred's portfolio value fell 5.1% quarter-over-quarter to $173M.

Based on Advisors Preferred's 13F filing for Q3 2017, filed 31 Oct 2017.