Concorde Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Philip Morris
PM
|
+$1.59M |
| 2 |
IBM
IBM
|
+$1.5M |
| 3 |
Wells Fargo
WFC
|
+$1.46M |
| 4 |
AT&T
T
|
+$1.45M |
| 5 |
DuPont de Nemours
DD
|
+$1.43M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$6.04M |
| 2 |
Vanguard Morningstar Mid-Cap Value ETF
VOE
|
+$5.48M |
| 3 |
Vanguard Morningstar Small-Cap Value ETF
VBR
|
+$5.48M |
| 4 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$4.44M |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$3.71M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 62% |
| 2 | Energy | 6.7% |
| 3 | Consumer Staples | 6.09% |
| 4 | Technology | 3.96% |
| 5 | Communication Services | 3.83% |
Similar funds
Concorde Asset Management's Q3 2016 Portfolio in Review
As of Q3 2016, Concorde Asset Management held 153 positions worth $79.4M, down 21% from $101M the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Concorde Asset Management withdrew a net $22.2M in Q3 2016, closing 36 positions and reducing 55 holdings. Its most notable exit was Vanguard Morningstar Mid-Cap Value ETF, an estimated $5.48M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 62% of assets, down from 74% a quarter earlier, followed by Energy and Consumer Staples.
Against the trend, Concorde Asset Management opened a new position in Philip Morris worth $1.53M.
- Concorde Asset Management's largest Q3 2016 buy was Philip Morris: 15,864 shares worth $1.53M.
- Concorde Asset Management added most to AT&T in Q3 2016, an estimated $1.45M increase.
- Concorde Asset Management's biggest Q3 2016 reduction was iShares Core S&P Mid-Cap ETF, cutting an estimated $6.04M.
- Concorde Asset Management fully exited Vanguard Morningstar Mid-Cap Value ETF in Q3 2016, selling an estimated $5.48M.
- Concorde Asset Management's ten largest holdings make up 31% of its $79.4M portfolio in Q3 2016.
- Concorde Asset Management opened 15 new positions and closed 36 in Q3 2016.
- Concorde Asset Management's portfolio value fell 21% quarter-over-quarter to $79.4M.
Based on Concorde Asset Management's 13F filing for Q3 2016, filed 31 Oct 2016.