Advisors Preferred Portfolio holdings

Advisors Preferred's Q2 2016 Portfolio in Review

As of Q2 2016, Advisors Preferred held 340 positions worth $172M, down 15% from $202M the previous quarter. Its ten largest holdings account for 55% of the portfolio.

Advisors Preferred withdrew a net $37.4M in Q2 2016, closing 129 positions and reducing 33 holdings. Its most notable exit was Invesco Leisure and Entertainment ETF, an estimated $16.2M position sold in full.

By sector, the portfolio is most concentrated in Financials at 1% of assets, up from 0.71% a quarter earlier, followed by Consumer Staples and Real Estate.

Against the trend, Advisors Preferred opened a new position in State Street Materials Select Sector SPDR ETF worth $13.9M.

• Advisors Preferred's largest Q2 2016 buy was State Street Materials Select Sector SPDR ETF: 601,390 shares worth $13.9M.
• Advisors Preferred added most to iShares 7-10 Year Treasury Bond ETF in Q2 2016, an estimated $2.4M increase.
• Advisors Preferred's biggest Q2 2016 reduction was Invesco QQQ Trust, cutting an estimated $18.2M.
• Advisors Preferred fully exited Invesco Leisure and Entertainment ETF in Q2 2016, selling an estimated $16.2M.
• Advisors Preferred's ten largest holdings make up 55% of its $172M portfolio in Q2 2016.
• Advisors Preferred opened 126 new positions and closed 129 in Q2 2016.
• Advisors Preferred's portfolio value fell 15% quarter-over-quarter to $172M.

Based on Advisors Preferred's 13F filing for Q2 2016, filed 11 Aug 2016.