Advisory Services Network Portfolio holdings

Advisory Services Network's Q1 2014 Portfolio in Review

As of Q1 2014, Advisory Services Network held 1,116 positions worth $194M, down 2.6% from $199M the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Advisory Services Network withdrew a net $6.86M in Q1 2014, closing 908 positions and reducing 54 holdings. Its most notable exit was COLE REAL ESTATE INVESTMENTS, INC COM, an estimated $859K position sold in full.

By sector, the portfolio is most concentrated in Technology at 8.5% of assets, up from 8.3% a quarter earlier, followed by Healthcare and Energy.

Against the trend, Advisory Services Network opened a new position in Flowserve worth $455K.

• Advisory Services Network's largest Q1 2014 buy was Flowserve: 5,813 shares worth $455K.
• Advisory Services Network added most to Vanguard Short-Term Bond ETF in Q1 2014, an estimated $4.25M increase.
• Advisory Services Network's biggest Q1 2014 reduction was Ford, cutting an estimated $1.17M.
• Advisory Services Network fully exited COLE REAL ESTATE INVESTMENTS, INC COM in Q1 2014, selling an estimated $859K.
• Advisory Services Network's ten largest holdings make up 30% of its $194M portfolio in Q1 2014.
• Advisory Services Network opened 13 new positions and closed 908 in Q1 2014.
• Advisory Services Network's portfolio value fell 2.6% quarter-over-quarter to $194M.

Based on Advisory Services Network's 13F filing for Q1 2014, filed 9 Apr 2014.