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ABFS
Appropriate Balance Financial Services Portfolio holdings
AUM
$2.01M
1-Year Est. Return
19.83%
This Fund
S&P 500
This Quarter
Est. Return
+1.49%
1 Year Est. Return
+19.83%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$151M
AUM Growth
+$7.17M
(+5%)
Cap. Flow
+$4.84M
Cap. Flow
% of AUM
3.2%
Top 10 Holdings %
Top 10 Hldgs %
88.06%
Holding
34
New
5
Increased
7
Reduced
20
Closed
2
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 | |
|---|---|---|---|---|---|---|
|
1
Invesco QQQ Trust
QQQ
$463B
| $24.9M | 16.45% |
231,221
-49,306
| -18% | -$5.33M |
|
|
2
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.7B
| $22.6M | 14.95% |
82,972
-19,241
| -19% | -$5.14M |
|
|
3
State Street SPDR S&P 500 ETF Trust
SPY
$781B
| $20.1M | 13.3% |
95,941
-15,569
| -14% | -$3.23M |
|
|
4
iShares Core S&P Small-Cap ETF
IJR
$109B
| $15.2M | 10.07% |
261,958
-35,234
| -12% | -$2.01M |
|
|
5
iShares S&P 500 Value ETF
IVE
$48.6B
| $11.5M | 7.62% |
123,991
-18,874
| -13% | -$1.73M |
|
|
6
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.3B
| $10.1M | 6.66% |
182,472
+85,657
| +88% | +$4.56M |
|
|
7
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.4B
| $9.44M | 6.25% |
241,938
+137,002
| +131% | +$5.39M |
|
8
Vanguard Value ETF
VTV
$185B
| $8.71M | 5.76% |
102,462
-12,559
| -11% | -$1.05M |
|
|
9
Vanguard FTSE Developed Markets ETF
VEA
$224B
| $5.9M | 3.91% |
+166,944
| New | +$6.03M |
|
|
10
State Street Technology Select Sector SPDR ETF
XLK
$114B
| $4.68M | 3.09% |
+215,646
| New | +$4.68M |
|
11
Vanguard Mid-Cap ETF
VO
$105B
| $2.79M | 1.84% |
90,196
+26,788
| +42% | +$819K |
|
|
12
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $2.78M | 1.84% |
+78,819
| New | +$2.69M |
|
13
Amazon
AMZN
$2.69T
| $1.29M | 0.85% |
36,020
-620
| -2% | -$21K |
|
14
Alphabet (Google) Class A
GOOGL
$4.3T
| $1.11M | 0.73% |
31,580
+1,440
| +5% | +$52.8K |
|
15
Meta Platforms (Facebook)
META
$1.64T
| $1.08M | 0.72% |
9,466
+49
| +0.5% | +$5.65K |
|
16
Invesco S&P SmallCap 600 Revenue ETF
RWJ
$2.03B
| $1M | 0.66% |
54,549
-1,614
| -3% | -$29.4K |
|
17
Schwab US Large- Cap ETF
SCHX
$71.2B
| $865K | 0.57% |
104,334
-2,094
| -2% | -$17.2K |
|
18
Intuitive Surgical
ISRG
$125B
| $605K | 0.4% |
8,235
-72
| -0.9% | -$5.07K |
|
19
iShares Core S&P 500 ETF
IVV
$879B
| $604K | 0.4% |
2,872
-1,325
| -32% | -$276K |
|
20
Salesforce
CRM
$142B
| $573K | 0.38% |
7,222
-93
| -1% | -$7.3K |
|
21
Microsoft
MSFT
$2.99T
| $573K | 0.38% |
11,202
-1,016
| -8% | -$52.8K |
|
22
O'Reilly Automotive
ORLY
$70.1B
| $571K | 0.38% |
31,620
-855
| -3% | -$15.1K |
|
23
Tesla
TSLA
$1.39T
| $558K | 0.37% |
39,465
-1,080
| -3% | -$16.4K |
|
24
Starbucks
SBUX
$119B
| $540K | 0.36% |
9,471
-241
| -2% | -$13.7K |
|
25
Walt Disney
DIS
$167B
| $511K | 0.34% |
5,233
-485
| -8% | -$48.5K |
|
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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.