We are live on
!
Find out more
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
+5.22%
1 Year Est. Return
+19.83%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$2M
AUM Growth
-$161M
(-99%)
Cap. Flow
-$144M
Cap. Flow
% of AUM
-7,230.92%
Top 10 Holdings %
Top 10 Hldgs %
87.74%
Holding
34
New
2
Increased
1
Reduced
27
Closed
4
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 | |
|---|---|---|---|---|---|---|
1
State Street Financial Select Sector SPDR ETF
XLF
$55.6B
| $459K | 23% |
10,902
-448,997
| -98% | -$10.8M |
|
|
2
iShares Core S&P Small-Cap ETF
IJR
$109B
| $242K | 12.09% |
16,704
-233,404
| -93% | -$16.1M |
|
|
3
Invesco QQQ Trust
QQQ
$455B
| $215K | 10.77% |
28,480
-195,988
| -87% | -$25M |
|
4
Vanguard FTSE Developed Markets ETF
VEA
$226B
| $169K | 8.44% |
6,624
-160,192
| -96% | -$6.14M |
|
|
5
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
| $158K | 7.91% |
+10,284
| New | +$665K |
|
|
6
iShares S&P 500 Value ETF
IVE
$48.9B
| $120K | 6.02% |
12,513
-108,852
| -90% | -$11.3M |
|
7
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $112K | 5.62% |
11,970
-203,262
| -94% | -$5.24M |
|
8
Vanguard Value ETF
VTV
$189B
| $98.3K | 4.92% |
9,373
-89,802
| -91% | -$8.54M |
|
|
9
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $94.8K | 4.74% |
22,343
-73,437
| -77% | -$17.1M |
|
10
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $84.5K | 4.23% |
3,356
-77,320
| -96% | -$2.98M |
|
|
11
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27B
| $74.1K | 3.71% |
23,158
-54,429
| -70% | -$16.9M |
|
12
Vanguard Mid-Cap ETF
VO
$106B
| $33.1K | 1.66% |
18,460
-96,168
| -84% | -$3.3M |
|
13
Schwab US Large- Cap ETF
SCHX
$70.9B
| $31.6K | 1.58% |
10,680
-179,394
| -94% | -$1.66M |
|
14
Invesco S&P SmallCap 600 Revenue ETF
RWJ
$2.03B
| $15.6K | 0.78% |
3,102
-49,305
| -94% | -$1.1M |
|
15
Vanguard Growth ETF
VUG
$216B
| $15.2K | 0.76% |
11,094
-44,700
| -80% | -$882K |
|
16
Starbucks
SBUX
$118B
| $14.1K | 0.71% |
826
-13,914
| -94% | -$787K |
|
17
PayPal
PYPL
$49.5B
| $10.7K | 0.54% |
460
-11,127
| -96% | -$466K |
|
18
Microsoft
MSFT
$2.84T
| $9.33K | 0.47% |
614
-9,551
| -94% | -$612K |
|
19
Meta Platforms (Facebook)
META
$1.51T
| $7.5K | 0.38% |
1,066
-7,195
| -87% | -$962K |
|
20
iShares Core S&P 500 ETF
IVV
$876B
| $6.14K | 0.31% |
1,455
-4,747
| -77% | -$1.11M |
|
21
Salesforce
CRM
$134B
| $5.82K | 0.29% |
480
-5,817
| -92% | -$465K |
|
22
Alibaba
BABA
$269B
| $4.96K | 0.25% |
534
-4,828
| -90% | -$491K |
|
23
Netflix
NFLX
$292B
| $4.5K | 0.23% |
6,650
-43,490
| -87% | -$610K |
|
24
Walt Disney
DIS
$165B
| $4.3K | 0.22% |
487
-4,125
| -89% | -$454K |
|
25
Tesla
TSLA
$1.24T
| $2.16K | 0.11% |
9,000
-26,070
| -74% | -$441K |
|
Similar funds
CRAM
AIM
VHS
ACM
SIM
MC
TU
ASB
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.