Avantax Advisory Services Portfolio holdings

Avantax Advisory Services's Q4 2020 Portfolio in Review

As of Q4 2020, Avantax Advisory Services held 1,421 positions worth $4.21B, down 33% from $6.24B the previous quarter. Its ten largest holdings account for 38% of the portfolio.

Avantax Advisory Services withdrew a net $2.64B in Q4 2020, closing 488 positions and reducing 794 holdings. Its most notable exit was Schwab Fundamental US Large Company Index ETF, an estimated $3.01M position sold in full.

By sector, the portfolio is most concentrated in Technology at 5.2% of assets, down from 6.7% a quarter earlier, followed by Consumer Discretionary and Financials.

Against the trend, Avantax Advisory Services opened a new position in First Trust Exchange-Traded Fund II First Trust International Equity Opportunities ETF worth $3.17M.

• Avantax Advisory Services's largest Q4 2020 buy was First Trust Exchange-Traded Fund II First Trust International Equity Opportunities ETF: 46,205 shares worth $3.17M.
• Avantax Advisory Services added most to State Street Real Estate Select Sector SPDR ETF in Q4 2020, an estimated $5.8M increase.
• Avantax Advisory Services's biggest Q4 2020 reduction was iShares Core S&P 500 ETF, cutting an estimated $168M.
• Avantax Advisory Services fully exited Schwab Fundamental US Large Company Index ETF in Q4 2020, selling an estimated $3.01M.
• Avantax Advisory Services's ten largest holdings make up 38% of its $4.21B portfolio in Q4 2020.
• Avantax Advisory Services opened 49 new positions and closed 488 in Q4 2020.
• Avantax Advisory Services's portfolio value fell 33% quarter-over-quarter to $4.21B.

Based on Avantax Advisory Services's 13F filing for Q4 2020, filed 22 Jan 2021.