Advisors Preferred Portfolio holdings

Advisors Preferred's Q1 2017 Portfolio in Review

As of Q1 2017, Advisors Preferred held 305 positions worth $191M, down 0.82% from $192M the previous quarter. Its ten largest holdings account for 66% of the portfolio.

Advisors Preferred withdrew a net $29M in Q1 2017, closing 101 positions and reducing 48 holdings. Its most notable exit was Invesco Leisure and Entertainment ETF, an estimated $9.75M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, up from 93% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Advisors Preferred opened a new position in Invesco Preferred ETF worth $1M.

• Advisors Preferred's largest Q1 2017 buy was Invesco Preferred ETF: 67,813 shares worth $1M.
• Advisors Preferred added most to iShares US Financial Services ETF in Q1 2017, an estimated $14.6M increase.
• Advisors Preferred's biggest Q1 2017 reduction was State Street SPDR S&P Regional Banking ETF, cutting an estimated $17.8M.
• Advisors Preferred fully exited Invesco Leisure and Entertainment ETF in Q1 2017, selling an estimated $9.75M.
• Advisors Preferred's ten largest holdings make up 66% of its $191M portfolio in Q1 2017.
• Advisors Preferred opened 120 new positions and closed 101 in Q1 2017.
• Advisors Preferred's portfolio value fell 0.82% quarter-over-quarter to $191M.

Based on Advisors Preferred's 13F filing for Q1 2017, filed 3 May 2017.