Certified Advisory Corp Portfolio holdings

Certified Advisory Corp's Q4 2018 Portfolio in Review

As of Q4 2018, Certified Advisory Corp held 827 positions worth $193M, down 11% from $216M the previous quarter. Its ten largest holdings account for 32% of the portfolio.

Certified Advisory Corp deployed $7.13M of net new capital in Q4 2018, opening 35 new positions and adding to 288 existing holdings. Its largest new stake was iShares JPMorgan EM High Yield Bond ETF: 3,700 shares worth $164K.

By sector, the portfolio is most concentrated in Miscellaneous at 66% of assets, up from 65% a quarter earlier, followed by Financials and Technology.

On the sell side, the largest reduction was Vanguard Short-Term Corporate Bond ETF, an estimated $834K trimmed.

• Certified Advisory Corp's largest Q4 2018 buy was iShares JPMorgan EM High Yield Bond ETF: 3,700 shares worth $164K.
• Certified Advisory Corp added most to Vanguard Materials ETF in Q4 2018, an estimated $2.9M increase.
• Certified Advisory Corp's biggest Q4 2018 reduction was Vanguard Short-Term Corporate Bond ETF, cutting an estimated $834K.
• Certified Advisory Corp fully exited Aetna Inc in Q4 2018, selling an estimated $87K.
• Certified Advisory Corp's ten largest holdings make up 32% of its $193M portfolio in Q4 2018.
• Certified Advisory Corp opened 35 new positions and closed 61 in Q4 2018.
• Certified Advisory Corp's portfolio value fell 11% quarter-over-quarter to $193M.

Based on Certified Advisory Corp's 13F filing for Q4 2018, filed 4 Feb 2019.