Cordasco Financial Network Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco S&P 500 Pure Growth ETF
RPG
|
+$4.16M |
| 2 |
BXMX
Nuveen S&P 500 Buy-Write Income Fund
BXMX
|
+$2.67M |
| 3 |
Kayne Anderson Energy Infrastructure Fund
KYN
|
+$1.91M |
| 4 |
Royce Value Trust
RVT
|
+$1.75M |
| 5 |
Vanguard Morningstar Mid-Cap Value ETF
VOE
|
+$1.43M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alerian MLP ETF
AMLP
|
+$3.09M |
| 2 |
National Grid
NGG
|
+$1.48M |
| 3 |
PPL
PPL Corp
PPL
|
+$1.41M |
| 4 |
FPF
First Trust Intermediate Duration Preferred & Income Fund
FPF
|
+$1.16M |
| 5 |
Lockheed Martin
LMT
|
+$1.13M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 13.55% |
| 2 | Utilities | 8.64% |
| 3 | Healthcare | 6.67% |
| 4 | Financials | 5.86% |
| 5 | Real Estate | 5.31% |
Similar funds
Cordasco Financial Network's Q1 2014 Portfolio in Review
As of Q1 2014, Cordasco Financial Network held 320 positions worth $125M, down 7.8% from $135M the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Cordasco Financial Network withdrew a net $14.3M in Q1 2014, closing 24 positions and reducing 88 holdings. Its most notable exit was Alerian MLP ETF, an estimated $3.09M position sold in full.
By sector, the portfolio is most concentrated in Energy at 14% of assets, down from 15% a quarter earlier, followed by Utilities and Healthcare.
Against the trend, Cordasco Financial Network opened a new position in Kayne Anderson Energy Infrastructure Fund worth $1.88M.
- Cordasco Financial Network's largest Q1 2014 buy was Kayne Anderson Energy Infrastructure Fund: 51,281 shares worth $1.88M.
- Cordasco Financial Network added most to Invesco S&P 500 Pure Growth ETF in Q1 2014, an estimated $4.16M increase.
- Cordasco Financial Network's biggest Q1 2014 reduction was National Grid, cutting an estimated $1.48M.
- Cordasco Financial Network fully exited Alerian MLP ETF in Q1 2014, selling an estimated $3.09M.
- Cordasco Financial Network's ten largest holdings make up 28% of its $125M portfolio in Q1 2014.
- Cordasco Financial Network opened 44 new positions and closed 24 in Q1 2014.
- Cordasco Financial Network's portfolio value fell 7.8% quarter-over-quarter to $125M.
Based on Cordasco Financial Network's 13F filing for Q1 2014, filed 13 May 2014.