Asset Dedication LLC Portfolio holdings
Asset Dedication is a turnkey asset manager for financial planners, built around retirement income portfolios that use individual bonds to match a retiree's income stream. It grew out of research begun in 1999 at the University of San Francisco's business school by Stephen Huxley and Brent Burns, who applied the liability-driven method of investing to individual retirees. The two co-authored a book on the strategy, published by McGraw-Hill in 2004, and Burns is the firm's president.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$1.34M |
| 2 |
iShares S&P Mid-Cap 400 Value ETF
IJJ
|
+$1.32M |
| 3 |
iShares iBonds Dec 2021 Term Muni Bond ETF
IBMJ
|
+$769K |
| 4 |
iShares iBonds Dec 2022 Term Muni Bond ETF
IBMK
|
+$760K |
| 5 |
BSCH
Guggenheim BulletShares 2017 Corporate Bond ETF
BSCH
|
+$609K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
McDonald's
MCD
|
+$1.66M |
| 2 |
Home Depot
HD
|
+$1.47M |
| 3 |
Du Pont De Nemours E I
DD
|
+$1.19M |
| 4 |
IBMF
iShares iBonds Sep 2017 Term Muni Bond ETF
IBMF
|
+$1.04M |
| 5 |
American Express
AXP
|
+$891K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 72.27% |
| 2 | Technology | 5.24% |
| 3 | Financials | 4.55% |
| 4 | Communication Services | 4.53% |
| 5 | Healthcare | 4.15% |
Similar funds
Asset Dedication LLC's Q3 2017 Portfolio in Review
As of Q3 2017, Asset Dedication LLC held 420 positions worth $207M, up 4.3% from $199M the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Asset Dedication LLC's Q3 2017 filing shows 38 new, 103 increased, 54 reduced and 45 closed positions. Its largest new stake was iShares iBonds Dec 2023 Term Muni Bond ETF: 16,426 shares worth $419K. The largest sale was McDonald's, an estimated $1.66M.
By sector, the portfolio is most concentrated in Miscellaneous at 72% of assets, up from 69% a quarter earlier, followed by Technology and Financials.
- Asset Dedication LLC's largest Q3 2017 buy was iShares iBonds Dec 2023 Term Muni Bond ETF: 16,426 shares worth $419K.
- Asset Dedication LLC added most to DuPont de Nemours in Q3 2017, an estimated $1.34M increase.
- Asset Dedication LLC's biggest Q3 2017 reduction was Schwab US Broad Market ETF, cutting an estimated $797K.
- Asset Dedication LLC fully exited McDonald's in Q3 2017, selling an estimated $1.66M.
- Asset Dedication LLC's ten largest holdings make up 27% of its $207M portfolio in Q3 2017.
- Asset Dedication LLC opened 38 new positions and closed 45 in Q3 2017.
- Asset Dedication LLC's portfolio value rose 4.3% quarter-over-quarter to $207M.
Based on Asset Dedication LLC's 13F filing for Q3 2017, filed 18 Oct 2017.