Appropriate Balance Financial Services Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$6.03M |
| 2 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$5.39M |
| 3 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$4.68M |
| 4 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$4.56M |
| 5 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$2.69M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$5.33M |
| 2 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$5.14M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.23M |
| 4 |
iShares Core S&P Small-Cap ETF
IJR
|
+$2.01M |
| 5 |
iShares S&P 500 Value ETF
IVE
|
+$1.73M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 2.63% |
| 2 | Communication Services | 2.1% |
| 3 | Technology | 0.76% |
| 4 | Healthcare | 0.4% |
| 5 | Financials | 0.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Booking.com
BKNG
$156B
| $501K | 0.33% |
10,050
-125
| -1% | -$6.49K |
|
27
PayPal
PYPL
$50.5B
| $490K | 0.32% |
13,437
+241
| +2% | +$9.21K |
|
28
Netflix
NFLX
$303B
| $468K | 0.31% |
51,210
+2,440
| +5% | +$23.4K |
|
29
Vanguard Growth ETF
VUG
$214B
| $392K | 0.26% |
+21,984
| New | +$391K |
|
30
Under Armour
UAA
$3B
| $318K | 0.21% |
7,934
-3,752
| -32% | -$149K |
|
31
Vanguard Small-Cap ETF
VB
$79B
| $235K | 0.16% |
2,040
-408
| -17% | -$46.3K |
|
32
Under Armour Class C
UA
$2.93B
| $201K | 0.13% |
+5,547
| New | +$205K |
|
33
Palo Alto Networks
PANW
$256B
| – | – |
-19,920
| Closed | -$541K |
|
34
iShares MSCI USA Min Vol Factor ETF
USMV
$23.7B
| – | – |
-6,387
| Closed | -$280K |
|
Similar funds
Appropriate Balance Financial Services's Q2 2016 Portfolio in Review
As of Q2 2016, Appropriate Balance Financial Services held 34 positions worth $151M, up 5% from $144M the previous quarter. Its ten largest holdings account for 88% of the portfolio.
Appropriate Balance Financial Services deployed $4.84M of net new capital in Q2 2016, opening 5 new positions and adding to 7 existing holdings. Its largest new stake was Vanguard FTSE Developed Markets ETF: 166,944 shares worth $5.9M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 2.6% of assets, down from 2.7% a quarter earlier, followed by Communication Services and Technology.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $5.33M trimmed.
- Appropriate Balance Financial Services's largest Q2 2016 buy was Vanguard FTSE Developed Markets ETF: 166,944 shares worth $5.9M.
- Appropriate Balance Financial Services added most to State Street Consumer Discretionary Select Sector SPDR ETF in Q2 2016, an estimated $5.39M increase.
- Appropriate Balance Financial Services's biggest Q2 2016 reduction was Invesco QQQ Trust, cutting an estimated $5.33M.
- Appropriate Balance Financial Services fully exited Palo Alto Networks in Q2 2016, selling an estimated $541K.
- Appropriate Balance Financial Services's ten largest holdings make up 88% of its $151M portfolio in Q2 2016.
- Appropriate Balance Financial Services opened 5 new positions and closed 2 in Q2 2016.
- Appropriate Balance Financial Services's portfolio value rose 5% quarter-over-quarter to $151M.
Based on Appropriate Balance Financial Services's 13F filing for Q2 2016, filed 12 Jul 2016.