Appropriate Balance Financial Services Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$4.92M |
| 2 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$3.91M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$823K |
| 4 |
Intuitive Surgical
ISRG
|
+$515K |
| 5 |
PayPal
PYPL
|
+$477K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$8.86M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$1.64M |
| 3 |
Keurig Dr Pepper
KDP
|
+$811K |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$753K |
| 5 |
iShares S&P 500 Value ETF
IVE
|
+$691K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 2.71% |
| 2 | Communication Services | 2.28% |
| 3 | Technology | 1.22% |
| 4 | Healthcare | 0.38% |
| 5 | Financials | 0.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Netflix
NFLX
$299B
| $498K | 0.35% |
48,770
-5,030
| -9% | -$49.4K |
|
27
Under Armour
UAA
$2.84B
| $492K | 0.34% |
11,686
-1,001
| -8% | -$39.2K |
|
28
iShares MSCI USA Min Vol Factor ETF
USMV
$23.5B
| $280K | 0.19% |
+6,387
| New | +$266K |
|
29
Vanguard Morningstar Small-Cap ETF
VB
$79.5B
| $272K | 0.19% |
2,448
+237
| +11% | +$24.5K |
|
|
30
Keurig Dr Pepper
KDP
$42.3B
| – | – |
-8,707
| Closed | -$811K |
|
|
31
State Street Health Care Select Sector SPDR ETF
XLV
$41.9B
| – | – |
-122,962
| Closed | -$8.86M |
|
Similar funds
Appropriate Balance Financial Services's Q1 2016 Portfolio in Review
As of Q1 2016, Appropriate Balance Financial Services held 31 positions worth $144M, down 0.3% from $144M the previous quarter. Its ten largest holdings account for 92% of the portfolio.
Appropriate Balance Financial Services's Q1 2016 filing shows 6 new, 10 increased, 13 reduced and 2 closed positions. Its largest new stake was State Street Consumer Staples Select Sector SPDR ETF: 96,815 shares worth $5.14M. The largest sale was State Street Health Care Select Sector SPDR ETF, an estimated $8.86M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 2.7% of assets, up from 2.6% a quarter earlier, followed by Communication Services and Technology.
- Appropriate Balance Financial Services's largest Q1 2016 buy was State Street Consumer Staples Select Sector SPDR ETF: 96,815 shares worth $5.14M.
- Appropriate Balance Financial Services added most to Alphabet (Google) Class A in Q1 2016, an estimated $424K increase.
- Appropriate Balance Financial Services's biggest Q1 2016 reduction was Invesco QQQ Trust, cutting an estimated $1.64M.
- Appropriate Balance Financial Services fully exited State Street Health Care Select Sector SPDR ETF in Q1 2016, selling an estimated $8.86M.
- Appropriate Balance Financial Services's ten largest holdings make up 92% of its $144M portfolio in Q1 2016.
- Appropriate Balance Financial Services opened 6 new positions and closed 2 in Q1 2016.
- Appropriate Balance Financial Services's portfolio value fell 0.3% quarter-over-quarter to $144M.
Based on Appropriate Balance Financial Services's 13F filing for Q1 2016, filed 22 Apr 2016.