Advisors Preferred Portfolio holdings

Advisors Preferred's Q4 2023 Portfolio in Review

As of Q4 2023, Advisors Preferred held 308 positions worth $604M, up 96% from $308M the previous quarter. Its ten largest holdings account for 50% of the portfolio.

Advisors Preferred deployed $252M of net new capital in Q4 2023, opening 113 new positions and adding to 43 existing holdings. Its largest new stake was Vanguard Financials ETF: 645,013 shares worth $59.5M.

By sector, the portfolio is most concentrated in Miscellaneous at 74% of assets, up from 62% a quarter earlier, followed by Healthcare and Industrials.

On the sell side, the largest reduction was State Street SPDR Bloomberg Convertible Securities ETF, an estimated $8.64M trimmed.

• Advisors Preferred's largest Q4 2023 buy was Vanguard Financials ETF: 645,013 shares worth $59.5M.
• Advisors Preferred added most to State Street Technology Select Sector SPDR ETF in Q4 2023, an estimated $54.4M increase.
• Advisors Preferred's biggest Q4 2023 reduction was State Street SPDR Bloomberg Convertible Securities ETF, cutting an estimated $8.64M.
• Advisors Preferred fully exited State Street Energy Select Sector SPDR ETF in Q4 2023, selling an estimated $43.2M.
• Advisors Preferred's ten largest holdings make up 50% of its $604M portfolio in Q4 2023.
• Advisors Preferred opened 113 new positions and closed 82 in Q4 2023.
• Advisors Preferred's portfolio value rose 96% quarter-over-quarter to $604M.

Based on Advisors Preferred's 13F filing for Q4 2023, filed 24 Jan 2024.