Advisors Preferred Portfolio holdings

Advisors Preferred's Q4 2019 Portfolio in Review

As of Q4 2019, Advisors Preferred held 367 positions worth $369M, down 7.8% from $400M the previous quarter. Its ten largest holdings account for 71% of the portfolio.

Advisors Preferred withdrew a net $61.5M in Q4 2019, closing 142 positions and reducing 30 holdings. Its most notable exit was iShares Russell Mid-Cap Growth ETF, an estimated $36.3M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 2.3% of assets, up from 0.87% a quarter earlier, followed by Consumer Staples and Technology.

Against the trend, Advisors Preferred opened a new position in iShares MSCI Emerging Markets ETF worth $51.3M.

• Advisors Preferred's largest Q4 2019 buy was iShares MSCI Emerging Markets ETF: 1,144,170 shares worth $51.3M.
• Advisors Preferred added most to State Street Technology Select Sector SPDR ETF in Q4 2019, an estimated $29.9M increase.
• Advisors Preferred's biggest Q4 2019 reduction was iShares Russell 1000 Growth ETF, cutting an estimated $14.5M.
• Advisors Preferred fully exited iShares Russell Mid-Cap Growth ETF in Q4 2019, selling an estimated $36.3M.
• Advisors Preferred's ten largest holdings make up 71% of its $369M portfolio in Q4 2019.
• Advisors Preferred opened 157 new positions and closed 142 in Q4 2019.
• Advisors Preferred's portfolio value fell 7.8% quarter-over-quarter to $369M.

Based on Advisors Preferred's 13F filing for Q4 2019, filed 21 Jan 2020.