AssetMark Inc Portfolio holdings
AssetMark runs an investment platform that financial advisors use to build portfolios for their clients and to handle the technology behind them. Financial advisor Ron Cordes and his partners started it in 1996 to solve a problem in their own practice, which was fitting investment strategies into a fee-based, fiduciary business. Cordes and his partners sold the company to Genworth Financial in 2006, and it operated under Genworth names until it took the AssetMark name in 2013. Advisors can place clients in model portfolios of mutual funds and ETFs, and AssetMark also runs its own mutual funds, the GuideMark and GuidePath families. Private equity firm GTCR owns AssetMark through a holding company, after earlier owners that included Aquiline Capital Partners and Genstar Capital.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Belgium ETF
EWK
|
+$104M |
| 2 |
iShares US Industrials ETF
IYJ
|
+$101M |
| 3 |
iShares Semiconductor ETF
SOXX
|
+$101M |
| 4 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$79.5M |
| 5 |
iShares Russell 1000 ETF
IWB
|
+$64.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg Short Term International Treasury Bond ETF
BWZ
|
+$113M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$81.6M |
| 3 |
Vanguard Short-Term Bond ETF
BSV
|
+$78.4M |
| 4 |
iShares US Consumer Staples ETF
IYK
|
+$76.6M |
| 5 |
iShares Silver Trust
SLV
|
+$74.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 87.33% |
| 2 | Real Estate | 2.03% |
| 3 | Financials | 1.62% |
| 4 | Technology | 1.5% |
| 5 | Energy | 1.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Vanguard S&P 500 ETF
VOO
$1.02T
| $320M | 5.38% |
1,665,025
+221,469
| +15% | +$42.2M |
2013 Q3
11 quarters
|
|
2
State Street SPDR S&P 500 ETF Trust
SPY
$798B
| $209M | 3.51% |
997,638
-33,195
| -3% | -$6.89M |
2013 Q3
11 quarters
|
|
3
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.01B
| $143M | 2.4% |
1,333,158
+61,117
| +5% | +$6.41M |
2013 Q3
11 quarters
|
|
4
Vanguard Morningstar Value ETF
VTV
$194B
| $140M | 2.36% |
1,652,040
+128,075
| +8% | +$10.7M |
2013 Q3
11 quarters
|
|
5
Vanguard FTSE Developed Markets ETF
VEA
$227B
| $109M | 1.83% |
3,075,160
+1,428,561
| +87% | +$51.6M |
2013 Q3
11 quarters
|
|
6
iShares US Healthcare ETF
IYH
$4.61B
| $105M | 1.77% |
3,550,035
-492,805
| -12% | -$14.4M |
2013 Q3
11 quarters
|
|
7
iShares Global Healthcare ETF
IXJ
$4.62B
| $104M | 1.75% |
2,059,450
-244,234
| -11% | -$12.2M |
2016 Q1
1 quarter
|
|
|
8
iShares Semiconductor ETF
SOXX
$42.8B
| $103M | 1.74% |
+3,311,361
| New | +$101M |
2016 Q2
0 quarters
|
|
|
9
iShares MSCI Belgium ETF
EWK
$248M
| $103M | 1.73% |
+5,811,705
| New | +$104M |
2016 Q2
0 quarters
|
|
10
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$10.3B
| $103M | 1.73% |
3,460,520
+150,214
| +5% | +$4.41M |
2013 Q3
11 quarters
|
|
|
11
iShares US Industrials ETF
IYJ
$1.86B
| $102M | 1.72% |
+1,863,934
| New | +$101M |
2016 Q2
0 quarters
|
|
12
iShares US Consumer Discretionary ETF
IYC
$1.24B
| $102M | 1.72% |
2,851,160
-346,176
| -11% | -$12.5M |
2014 Q2
8 quarters
|
|
13
Vanguard Morningstar Growth ETF
VUG
$219B
| $102M | 1.71% |
5,689,938
+1,151,394
| +25% | +$20.5M |
2013 Q3
11 quarters
|
|
14
iShares 20+ Year Treasury Bond ETF
TLT
$47.2B
| $98M | 1.65% |
705,236
-125,959
| -15% | -$16.6M |
2013 Q3
11 quarters
|
|
15
iShares Core MSCI EAFE ETF
IEFA
$189B
| $97.3M | 1.64% |
1,874,308
+607,937
| +48% | +$32.5M |
2013 Q4
10 quarters
|
|
16
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$40.8B
| $88.7M | 1.49% |
3,558,801
-745,886
| -17% | -$19M |
2013 Q3
11 quarters
|
|
17
iShares Preferred and Income Securities ETF
PFF
$11.6B
| $86.4M | 1.45% |
2,165,861
-1,210,997
| -36% | -$47.5M |
2013 Q3
11 quarters
|
|
18
iShares Core MSCI Emerging Markets ETF
IEMG
$146B
| $84.5M | 1.42% |
2,019,990
+461,398
| +30% | +$18.9M |
2013 Q3
11 quarters
|
|
19
State Street SPDR Dow Jones REIT ETF
RWR
$1.85B
| $82.9M | 1.39% |
833,380
+108,649
| +15% | +$10.3M |
2013 Q3
11 quarters
|
|
|
20
Vanguard Morningstar Total Stock Market ETF
VTI
$684B
| $80.5M | 1.35% |
751,055
+750,451
| +124,247% | +$79.5M |
2013 Q3
11 quarters
|
|
21
Vanguard Total International Bond ETF
BNDX
$83.8B
| $75.7M | 1.27% |
1,358,717
-165,882
| -11% | -$9.08M |
2015 Q1
5 quarters
|
|
22
iShares US Telecommunications ETF
IYZ
$863M
| $65.7M | 1.1% |
+1,971,559
| New | +$61.7M |
2016 Q2
0 quarters
|
|
|
23
iShares Core US Aggregate Bond ETF
AGG
$139B
| $65.6M | 1.1% |
582,189
-735,007
| -56% | -$81.6M |
2013 Q3
11 quarters
|
|
24
iShares Core MSCI Pacific ETF
IPAC
$2.66B
| $65.1M | 1.1% |
1,392,071
+148,965
| +12% | +$7M |
2015 Q3
3 quarters
|
|
|
25
iShares Russell 1000 ETF
IWB
$48B
| $65M | 1.09% |
556,501
+556,453
| +1,159,277% | +$64.2M |
2015 Q3
3 quarters
|
|
Similar funds
AssetMark Inc's Q2 2016 Portfolio in Review
As of Q2 2016, AssetMark Inc held 1,357 positions worth $5.95B, up 3.8% from $5.73B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
AssetMark Inc's Q2 2016 filing shows 95 new, 447 increased, 442 reduced and 129 closed positions. Its largest new stake was iShares MSCI Belgium ETF: 5,811,705 shares worth $103M. The largest sale was State Street SPDR Bloomberg Short Term International Treasury Bond ETF, an estimated $113M.
By sector, the portfolio is most concentrated in Miscellaneous at 87% of assets, down from 88% a quarter earlier, followed by Real Estate and Financials.
- AssetMark Inc's largest Q2 2016 buy was iShares MSCI Belgium ETF: 5,811,705 shares worth $103M.
- AssetMark Inc added most to Vanguard Morningstar Total Stock Market ETF in Q2 2016, an estimated $79.5M increase.
- AssetMark Inc's biggest Q2 2016 reduction was State Street SPDR Bloomberg Short Term International Treasury Bond ETF, cutting an estimated $113M.
- AssetMark Inc fully exited Walt Disney in Q2 2016, selling an estimated $10.8M.
- AssetMark Inc's ten largest holdings make up 24% of its $5.95B portfolio in Q2 2016.
- AssetMark Inc opened 95 new positions and closed 129 in Q2 2016.
- AssetMark Inc's portfolio value rose 3.8% quarter-over-quarter to $5.95B.
Based on AssetMark Inc's 13F filing for Q2 2016, filed 8 Aug 2016.