Diversified Trust Portfolio holdings
Diversified Trust is an independent trust company that manages wealth for families, foundations and endowments, and is owned entirely by its employees. Its clients include multi-generation families, single-family offices and retirement plans, and its trust powers let it act as an alternative to the trust departments of banks and brokerage firms. William T. Spitz is its founder and principal, and Samuel N. Graham is chairman and chief executive. It builds portfolios by starting from the risks an investor is taking and how they are priced, rather than from asset classes, and it hires outside managers, including a private equity offering that spreads money across several managers. It also runs its own municipal bond team, so that it buys bonds for clients directly.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard S&P 500 ETF
VOO
|
+$5.67M |
| 2 |
Tyson Foods
TSN
|
+$2.19M |
| 3 |
PNC Financial Services
PNC
|
+$2.16M |
| 4 |
Tesla
TSLA
|
+$2.1M |
| 5 |
Magna International
MGA
|
+$2.05M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$20.1M |
| 2 |
Invesco Senior Loan ETF
BKLN
|
+$20M |
| 3 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$12.5M |
| 4 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$12.4M |
| 5 |
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
|
+$7.22M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 57.1% |
| 2 | Consumer Staples | 7.56% |
| 3 | Energy | 6.8% |
| 4 | Technology | 5.89% |
| 5 | Financials | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Vanguard Dividend Appreciation ETF
VIG
$118B
| $117M | 11.06% |
1,488,721
+14,530
| +1% | +$1.18M |
2013 Q2
8 quarters
|
|
2
State Street SPDR S&P 500 ETF Trust
SPY
$800B
| $77.3M | 7.3% |
375,473
-33,457
| -8% | -$7.03M |
2013 Q2
8 quarters
|
|
3
DELISTED
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
| $43.7M | 4.13% |
1,245,924
-157,176
| -11% | -$6.01M |
2013 Q2
8 quarters
|
|
4
Coca-Cola Consolidated
COKE
$14.3B
| $31.6M | 2.99% |
2,091,770
+23,700
| +1% | +$285K |
2013 Q2
8 quarters
|
|
5
iShares Russell 2000 ETF
IWM
$77.1B
| $27.7M | 2.62% |
222,046
+5,404
| +2% | +$675K |
2013 Q2
8 quarters
|
|
6
Coca-Cola
KO
$427B
| $23.2M | 2.19% |
590,458
+232
| +0% | +$9.44K |
2013 Q2
8 quarters
|
|
|
7
Vanguard S&P 500 ETF
VOO
$1.04T
| $21.9M | 2.07% |
115,805
+29,416
| +34% | +$5.67M |
2013 Q2
8 quarters
|
|
8
iShares Russell Mid-Cap ETF
IWR
$58.3B
| $19.5M | 1.84% |
457,028
+20,824
| +5% | +$905K |
2013 Q2
8 quarters
|
|
9
FedEx
FDX
$75.9B
| $11.2M | 1.06% |
65,541
-1,857
| -3% | -$323K |
2013 Q2
8 quarters
|
|
10
Philip Morris
PM
$310B
| $8.12M | 0.77% |
101,329
+3,507
| +4% | +$289K |
2013 Q2
8 quarters
|
|
11
Baidu
BIDU
$26.6B
| $6.09M | 0.58% |
30,583
+612
| +2% | +$125K |
2013 Q2
8 quarters
|
|
|
12
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $6.01M | 0.57% |
151,835
-166,231
| -52% | -$7.22M |
2013 Q2
8 quarters
|
|
13
Booking.com
BKNG
$119B
| $5.91M | 0.56% |
128,325
-9,750
| -7% | -$465K |
2013 Q2
8 quarters
|
|
|
MMP
14
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $5.88M | 0.56% |
80,162
-2,338
| -3% | -$188K |
2014 Q2
4 quarters
|
|
15
Walmart Inc
WMT
$1.02T
| $5.8M | 0.55% |
245,535
+21,375
| +10% | +$545K |
2013 Q2
8 quarters
|
|
16
Enterprise Products Partners
EPD
$82.6B
| $5.8M | 0.55% |
194,175
+3,189
| +2% | +$104K |
2013 Q2
8 quarters
|
|
17
JPMorgan Chase
JPM
$919B
| $5.6M | 0.53% |
82,592
+19,896
| +32% | +$1.3M |
2013 Q2
8 quarters
|
|
18
Meta Platforms (Facebook)
META
$1.64T
| $5.41M | 0.51% |
63,045
+1,252
| +2% | +$102K |
2013 Q2
8 quarters
|
|
19
iShares Core US Aggregate Bond ETF
AGG
$137B
| $5.39M | 0.51% |
49,579
-4,730
| -9% | -$520K |
2014 Q2
4 quarters
|
|
20
Plains All American Pipeline
PAA
$17.3B
| $5.1M | 0.48% |
117,094
-2,367
| -2% | -$114K |
2013 Q2
8 quarters
|
|
21
Parker-Hannifin
PH
$121B
| $4.98M | 0.47% |
42,813
+9,625
| +29% | +$1.16M |
2013 Q2
8 quarters
|
|
22
Capital One
COF
$117B
| $4.78M | 0.45% |
54,300
+14,225
| +35% | +$1.19M |
2013 Q2
8 quarters
|
|
23
Oracle
ORCL
$391B
| $4.7M | 0.44% |
116,640
+28,859
| +33% | +$1.25M |
2013 Q2
8 quarters
|
|
24
Energy Transfer Partners
ET
$66.8B
| $4.61M | 0.44% |
143,552
-4,504
| -3% | -$151K |
2013 Q2
8 quarters
|
|
25
Johnson & Johnson
JNJ
$688B
| $4.59M | 0.43% |
47,130
+17,260
| +58% | +$1.73M |
2013 Q2
8 quarters
|
|
Similar funds
Diversified Trust's Q2 2015 Portfolio in Review
As of Q2 2015, Diversified Trust held 524 positions worth $1.06B, down 8.4% from $1.15B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Diversified Trust withdrew a net $94.6M in Q2 2015, closing 57 positions and reducing 242 holdings. Its most notable exit was iShares 5-10 Year Investment Grade Corporate Bond ETF, an estimated $20.1M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 57% of assets, down from 62% a quarter earlier, followed by Consumer Staples and Energy.
Against the trend, Diversified Trust opened a new position in Tyson Foods worth $2.28M.
- Diversified Trust's largest Q2 2015 buy was Tyson Foods: 53,425 shares worth $2.28M.
- Diversified Trust added most to Vanguard S&P 500 ETF in Q2 2015, an estimated $5.67M increase.
- Diversified Trust's biggest Q2 2015 reduction was JP Morgan Alerian MLP Index ETN 5/24/24, cutting an estimated $7.22M.
- Diversified Trust fully exited iShares 5-10 Year Investment Grade Corporate Bond ETF in Q2 2015, selling an estimated $20.1M.
- Diversified Trust's ten largest holdings make up 37% of its $1.06B portfolio in Q2 2015.
- Diversified Trust opened 33 new positions and closed 57 in Q2 2015.
- Diversified Trust's portfolio value fell 8.4% quarter-over-quarter to $1.06B.
Based on Diversified Trust's 13F filing for Q2 2015, filed 15 Jul 2015.