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CFN
Cordasco Financial Network Portfolio holdings
AUM
$138M
1-Year Est. Return
10.5%
This Fund
S&P 500
This Quarter
Est. Return
+2.63%
1 Year Est. Return
-10.5%
3 Year Est. Return
+31.12%
5 Year Est. Return
+56.05%
10 Year Est. Return
–
AUM
$89.1M
AUM Growth
-$23.4M
(-21%)
Cap. Flow
-$24.7M
Cap. Flow
% of AUM
-27.7%
Top 10 Holdings %
Top 10 Hldgs %
54.73%
Holding
299
New
11
Increased
20
Reduced
79
Closed
45
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 | Healthcare | 7.15% |
| 2 | Consumer Staples | 5.57% |
| 3 | Industrials | 5.23% |
| 4 | Utilities | 4.15% |
| 5 | Communication Services | 3.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
iShares Russell 1000 ETF
IWB
$47.9B
| $16.1M | 18.02% |
140,842
+127,377
| +946% | +$13.8M |
|
|
2
iShares Russell 2000 ETF
IWM
$80.2B
| $6.62M | 7.42% |
59,804
+54,364
| +999% | +$5.63M |
|
|
3
Invesco S&P 500 Pure Growth ETF
RPG
$2B
| $5.39M | 6.05% |
339,410
-511,985
| -60% | -$7.69M |
|
|
4
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.4B
| $4.59M | 5.15% |
69,104
-132,072
| -66% | -$8.4M |
|
|
BXMX
5
DELISTED
Nuveen S&P 500 Buy-Write Income Fund
BXMX
| $3.76M | 4.21% |
295,317
-493,071
| -63% | -$6.04M |
|
|
6
Vanguard Morningstar Value ETF
VTV
$188B
| $3.25M | 3.64% |
39,393
-59,173
| -60% | -$4.64M |
|
7
Lockheed Martin
LMT
$132B
| $2.57M | 2.88% |
11,598
-1,221
| -10% | -$263K |
|
8
Altria Group
MO
$113B
| $2.34M | 2.62% |
37,315
-3,806
| -9% | -$230K |
|
|
RAI
9
DELISTED
Reynolds American Inc
RAI
| $2.2M | 2.47% |
43,784
-7,131
| -14% | -$350K |
|
|
LPT
10
DELISTED
Liberty Property Trust
LPT
| $2.01M | 2.25% |
60,000
| – | – |
|
|
11
Vanguard Total International Bond ETF
BNDX
$82.1B
| $1.57M | 1.76% |
28,720
+25,030
| +678% | +$1.35M |
|
12
Merck
MRK
$321B
| $1.49M | 1.67% |
29,476
-8,811
| -23% | -$432K |
|
13
Microchip Technology
MCHP
$40.7B
| $1.43M | 1.6% |
59,218
-16,988
| -22% | -$378K |
|
14
Verizon
VZ
$193B
| $1.35M | 1.51% |
24,896
-9,615
| -28% | -$481K |
|
15
Air Products & Chemicals
APD
$66.8B
| $1.27M | 1.43% |
9,540
+649
| +7% | +$78.5K |
|
16
Johnson & Johnson
JNJ
$617B
| $1.23M | 1.38% |
11,397
| – | – |
|
|
17
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.2B
| $1.16M | 1.3% |
11,557
-19,652
| -63% | -$1.83M |
|
18
American Electric Power
AEP
$69.5B
| $1.13M | 1.27% |
17,003
-10,945
| -39% | -$677K |
|
19
Aethlon Medical
AEMD
$1.49M
| $1.09M | 1.23% |
17
| – | – |
|
20
Vanguard Morningstar Mid-Cap Value ETF
VOE
$23.8B
| $1.08M | 1.21% |
12,383
-15,418
| -55% | -$1.26M |
|
21
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.2B
| $955K | 1.07% |
9,371
-15,740
| -63% | -$1.48M |
|
22
iShares TIPS Bond ETF
TIP
$14.5B
| $937K | 1.05% |
8,176
-2,225
| -21% | -$249K |
|
23
Digital Realty Trust
DLR
$71.5B
| $815K | 0.91% |
9,205
-10,310
| -53% | -$835K |
|
24
BCE
BCE
$20.2B
| $780K | 0.88% |
17,127
-14,331
| -46% | -$598K |
|
25
Essential Utilities
WTRG
$11.4B
| $711K | 0.8% |
22,341
+2
| +0% | +$62 |
|
Similar funds
PCG
AAM
HFA
GDWAM
NF
EW
LWM
KWM
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 Healthcare at 7.2% of assets, up from 6.9% a quarter earlier, followed by Consumer Staples and Industrials.
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.