Advisors Preferred Portfolio holdings

Advisors Preferred's Q3 2023 Portfolio in Review

As of Q3 2023, Advisors Preferred held 268 positions worth $308M, down 24% from $405M the previous quarter. Its ten largest holdings account for 48% of the portfolio.

Advisors Preferred withdrew a net $91.5M in Q3 2023, closing 73 positions and reducing 35 holdings. Its most notable exit was Vanguard Information Technology ETF, an estimated $39.6M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 62% of assets, down from 73% a quarter earlier, followed by Technology and Industrials.

Against the trend, Advisors Preferred opened a new position in State Street Energy Select Sector SPDR ETF worth $43.2M.

• Advisors Preferred's largest Q3 2023 buy was State Street Energy Select Sector SPDR ETF: 975,798 shares worth $43.2M.
• Advisors Preferred added most to Invesco Senior Loan ETF in Q3 2023, an estimated $8.98M increase.
• Advisors Preferred's biggest Q3 2023 reduction was State Street Consumer Discretionary Select Sector SPDR ETF, cutting an estimated $47M.
• Advisors Preferred fully exited Vanguard Information Technology ETF in Q3 2023, selling an estimated $39.6M.
• Advisors Preferred's ten largest holdings make up 48% of its $308M portfolio in Q3 2023.
• Advisors Preferred opened 102 new positions and closed 73 in Q3 2023.
• Advisors Preferred's portfolio value fell 24% quarter-over-quarter to $308M.

Based on Advisors Preferred's 13F filing for Q3 2023, filed 7 Nov 2023.