Concorde Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fortis
FTS
|
+$1.8M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$712K |
| 3 |
iShares S&P Mid-Cap 400 Value ETF
IJJ
|
+$571K |
| 4 |
iShares Preferred and Income Securities ETF
PFF
|
+$357K |
| 5 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$355K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$3.41M |
| 2 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$2.89M |
| 3 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$1.63M |
| 4 |
DuPont de Nemours
DD
|
+$1.51M |
| 5 |
Wells Fargo
WFC
|
+$1.29M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 5.25% |
| 2 | Consumer Staples | 4.83% |
| 3 | Energy | 4.79% |
| 4 | Utilities | 3.98% |
| 5 | Communication Services | 3.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| – | – |
-2,386
| Closed | -$203K |
|
127
Smith & Wesson
SWBI
$666M
| – | – |
-12,042
| Closed | -$246K |
|
|
128
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.3B
| – | – |
-31,017
| Closed | -$1.63M |
|
129
State Street Utilities Select Sector SPDR ETF
XLU
$23.5B
| – | – |
-37,166
| Closed | -$899K |
|
|
CONE
130
DELISTED
CyrusOne Inc Common Stock
CONE
| – | – |
-4,255
| Closed | -$202K |
|
Similar funds
Concorde Asset Management's Q4 2016 Portfolio in Review
As of Q4 2016, Concorde Asset Management held 130 positions worth $55.8M, down 30% from $79.4M the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Concorde Asset Management withdrew a net $24.5M in Q4 2016, closing 21 positions and reducing 63 holdings. Its most notable exit was State Street Consumer Staples Select Sector SPDR ETF, an estimated $1.63M position sold in full.
By sector, the portfolio is most concentrated in Real Estate at 5.3% of assets, up from 3.2% a quarter earlier, followed by Consumer Staples and Energy.
Against the trend, Concorde Asset Management opened a new position in Fortis worth $1.79M.
- Concorde Asset Management's largest Q4 2016 buy was Fortis: 58,020 shares worth $1.79M.
- Concorde Asset Management added most to iShares Russell 2000 ETF in Q4 2016, an estimated $712K increase.
- Concorde Asset Management's biggest Q4 2016 reduction was iShares iBoxx $ High Yield Corporate Bond ETF, cutting an estimated $3.41M.
- Concorde Asset Management fully exited State Street Consumer Staples Select Sector SPDR ETF in Q4 2016, selling an estimated $1.63M.
- Concorde Asset Management's ten largest holdings make up 28% of its $55.8M portfolio in Q4 2016.
- Concorde Asset Management opened 13 new positions and closed 21 in Q4 2016.
- Concorde Asset Management's portfolio value fell 30% quarter-over-quarter to $55.8M.
Based on Concorde Asset Management's 13F filing for Q4 2016, filed 24 Jan 2017.