Cordasco Financial Network Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 1000 ETF
IWB
|
+$13.8M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$5.63M |
| 3 |
Vanguard Total International Bond ETF
BNDX
|
+$1.35M |
| 4 |
Weyerhaeuser
WY
|
+$435K |
| 5 |
iShares Russell 3000 ETF
IWV
|
+$281K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Min Vol Factor ETF
EFAV
|
+$8.4M |
| 2 |
Invesco S&P 500 Pure Growth ETF
RPG
|
+$7.69M |
| 3 |
BXMX
Nuveen S&P 500 Buy-Write Income Fund
BXMX
|
+$6.04M |
| 4 |
Vanguard Morningstar Value ETF
VTV
|
+$4.64M |
| 5 |
Vanguard Morningstar Mid-Cap Growth ETF
VOT
|
+$1.83M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 58.62% |
| 2 | Healthcare | 7.15% |
| 3 | Consumer Staples | 5.57% |
| 4 | Industrials | 5.23% |
| 5 | Real Estate | 4.91% |
Similar funds
Cordasco Financial Network's Q1 2016 Portfolio in Review
As of Q1 2016, Cordasco Financial Network held 299 positions worth $89.1M, down 21% from $113M the previous quarter. Its ten largest holdings account for 55% of the portfolio.
Cordasco Financial Network withdrew a net $24.7M in Q1 2016, closing 45 positions and reducing 79 holdings. Its most notable exit was PLUM CREEK TIMBER CO (REIT), an estimated $1.5M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 59% of assets, down from 60% a quarter earlier, followed by Healthcare and Consumer Staples.
Against the trend, Cordasco Financial Network opened a new position in Weyerhaeuser worth $505K.
- Cordasco Financial Network's largest Q1 2016 buy was Weyerhaeuser: 16,304 shares worth $505K.
- Cordasco Financial Network added most to iShares Russell 1000 ETF in Q1 2016, an estimated $13.8M increase.
- Cordasco Financial Network's biggest Q1 2016 reduction was iShares MSCI EAFE Min Vol Factor ETF, cutting an estimated $8.4M.
- Cordasco Financial Network fully exited PLUM CREEK TIMBER CO (REIT) in Q1 2016, selling an estimated $1.5M.
- Cordasco Financial Network's ten largest holdings make up 55% of its $89.1M portfolio in Q1 2016.
- Cordasco Financial Network opened 11 new positions and closed 45 in Q1 2016.
- Cordasco Financial Network's portfolio value fell 21% quarter-over-quarter to $89.1M.
Based on Cordasco Financial Network's 13F filing for Q1 2016, filed 25 Apr 2016.