Appropriate Balance Financial Services Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$665K |
| 2 |
Booking.com
BKNG
|
+$346K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$25M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$17.1M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$16.9M |
| 4 |
iShares Core S&P Small-Cap ETF
IJR
|
+$16.1M |
| 5 |
iShares S&P 500 Value ETF
IVE
|
+$11.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 1.08% |
| 2 | Communication Services | 0.88% |
| 3 | Technology | 0.76% |
| 4 | Financials | 0.54% |
| 5 | Healthcare | 0.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Vanguard Morningstar Small-Cap ETF
VB
$78.9B
| $1.93K | 0.1% |
256
-1,805
| -88% | -$239K |
|
27
Alphabet (Google) Class A
GOOGL
$4.12T
| $1.26K | 0.06% |
21,440
-6,160
| -22% | -$259K |
|
28
Intuitive Surgical
ISRG
$127B
| $725 | 0.04% |
4,995
-2,043
| -29% | -$161K |
|
|
29
Booking.com
BKNG
$156B
| $315 | 0.02% |
14,000
+5,250
| +60% | +$346K |
|
30
Amazon
AMZN
$2.44T
| – | – |
-31,500
| Closed | -$1.18M |
|
31
iShares US Telecommunications ETF
IYZ
$1.16B
| – | – |
-78,593
| Closed | -$2.71M |
|
32
Under Armour
UAA
$3.01B
| – | – |
-7,288
| Closed | -$211K |
|
33
Vanguard Communication Services ETF
VOX
$5.68B
| – | – |
-73,126
| Closed | -$7.32M |
|
Similar funds
Appropriate Balance Financial Services's Q1 2017 Portfolio in Review
As of Q1 2017, Appropriate Balance Financial Services held 34 positions worth $2M, down 99% from $163M the previous quarter. Its ten largest holdings account for 88% of the portfolio.
Appropriate Balance Financial Services withdrew a net $144M in Q1 2017, closing 4 positions and reducing 27 holdings. Its most notable exit was Vanguard Communication Services ETF, an estimated $7.32M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 1.1% of assets, down from 2.3% a quarter earlier, followed by Communication Services and Technology.
Against the trend, Appropriate Balance Financial Services opened a new position in State Street Industrial Select Sector SPDR ETF worth $158K.
- Appropriate Balance Financial Services's largest Q1 2017 buy was State Street Industrial Select Sector SPDR ETF: 10,284 shares worth $158K.
- Appropriate Balance Financial Services added most to Booking.com in Q1 2017, an estimated $346K increase.
- Appropriate Balance Financial Services's biggest Q1 2017 reduction was Invesco QQQ Trust, cutting an estimated $25M.
- Appropriate Balance Financial Services fully exited Vanguard Communication Services ETF in Q1 2017, selling an estimated $7.32M.
- Appropriate Balance Financial Services's ten largest holdings make up 88% of its $2M portfolio in Q1 2017.
- Appropriate Balance Financial Services opened 2 new positions and closed 4 in Q1 2017.
- Appropriate Balance Financial Services's portfolio value fell 99% quarter-over-quarter to $2M.
Based on Appropriate Balance Financial Services's 13F filing for Q1 2017, filed 1 May 2017.