Avantax Advisory Services Portfolio holdings

Avantax Advisory Services's Q1 2019 Portfolio in Review

As of Q1 2019, Avantax Advisory Services held 497 positions worth $1.88B, up 216% from $595M the previous quarter. Its ten largest holdings account for 61% of the portfolio.

Avantax Advisory Services deployed $1.18B of net new capital in Q1 2019, opening 93 new positions and adding to 279 existing holdings. Its largest new stake was Virtus Real Asset Income ETF: 7,375,030 shares worth $188M.

By sector, the portfolio is most concentrated in Technology at 3.6% of assets, down from 8% a quarter earlier, followed by Financials and Energy.

On the sell side, the largest reduction was Paycom, an estimated $1.69M trimmed.

• Avantax Advisory Services's largest Q1 2019 buy was Virtus Real Asset Income ETF: 7,375,030 shares worth $188M.
• Avantax Advisory Services added most to iShares Russell 2000 ETF in Q1 2019, an estimated $138M increase.
• Avantax Advisory Services's biggest Q1 2019 reduction was Paycom, cutting an estimated $1.69M.
• Avantax Advisory Services fully exited iShares MSCI USA Quality Factor ETF in Q1 2019, selling an estimated $1.82M.
• Avantax Advisory Services's ten largest holdings make up 61% of its $1.88B portfolio in Q1 2019.
• Avantax Advisory Services opened 93 new positions and closed 13 in Q1 2019.
• Avantax Advisory Services's portfolio value rose 216% quarter-over-quarter to $1.88B.

Based on Avantax Advisory Services's 13F filing for Q1 2019, filed 13 May 2019.