Avalon Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
|
+$8.48M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$4.64M |
| 3 |
Schwab US REIT ETF
SCHH
|
+$4.47M |
| 4 |
WisdomTree India Earnings Fund ETF
EPI
|
+$2.93M |
| 5 |
iShares US Real Estate ETF
IYR
|
+$2.85M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$3.89M |
| 2 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$3.87M |
| 3 |
iShares MSCI All Country Asia ex Japan ETF
AAXJ
|
+$3.48M |
| 4 |
PIMCO Active Bond Exchange-Traded Fund
BOND
|
+$3.24M |
| 5 |
Invesco S&P 500 Equal Weight Energy ETF
RSPG
|
+$3.01M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 73.53% |
| 2 | Technology | 7.56% |
| 3 | Financials | 5.5% |
| 4 | Consumer Discretionary | 4.27% |
| 5 | Communication Services | 3.61% |
Similar funds
Avalon Capital Management's Q4 2017 Portfolio in Review
As of Q4 2017, Avalon Capital Management held 112 positions worth $112M, down 22% from $144M the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Avalon Capital Management withdrew a net $38.7M in Q4 2017, closing 41 positions and reducing 37 holdings. Its most notable exit was iShares MSCI Emerging Markets ETF, an estimated $3.89M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 74% of assets, up from 69% a quarter earlier, followed by Technology and Financials.
Against the trend, Avalon Capital Management opened a new position in State Street SPDR Bloomberg International Treasury Bond ETF worth $8.57M.
- Avalon Capital Management's largest Q4 2017 buy was State Street SPDR Bloomberg International Treasury Bond ETF: 301,625 shares worth $8.57M.
- Avalon Capital Management added most to VanEck Gold Miners ETF in Q4 2017, an estimated $4.64M increase.
- Avalon Capital Management's biggest Q4 2017 reduction was Xtrackers MSCI EAFE Hedged Equity ETF, cutting an estimated $2.14M.
- Avalon Capital Management fully exited iShares MSCI Emerging Markets ETF in Q4 2017, selling an estimated $3.89M.
- Avalon Capital Management's ten largest holdings make up 40% of its $112M portfolio in Q4 2017.
- Avalon Capital Management opened 23 new positions and closed 41 in Q4 2017.
- Avalon Capital Management's portfolio value fell 22% quarter-over-quarter to $112M.
Based on Avalon Capital Management's 13F filing for Q4 2017, filed 26 Jan 2018.