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 |
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
|
+$9.32M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$2.93M |
| 3 |
Mastercard
MA
|
+$2.59M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.93M |
| 5 |
American Express
AXP
|
+$1.73M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.33M |
| 2 |
Vanguard Dividend Appreciation ETF
VIG
|
+$3.92M |
| 3 |
iShares Russell Mid-Cap ETF
IWR
|
+$3.51M |
| 4 |
Tyson Foods
TSN
|
+$3.28M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$3.16M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 57.94% |
| 2 | Consumer Staples | 8.86% |
| 3 | Financials | 6.25% |
| 4 | Energy | 5.04% |
| 5 | Technology | 5% |
Similar funds
Diversified Trust's Q1 2016 Portfolio in Review
As of Q1 2016, Diversified Trust held 436 positions worth $908M, down 2.7% from $933M the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Diversified Trust's Q1 2016 filing shows 27 new, 98 increased, 145 reduced and 50 closed positions. Its largest new stake was Mastercard: 29,270 shares worth $2.77M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.33M.
By sector, the portfolio is most concentrated in Miscellaneous at 58% of assets, up from 57% a quarter earlier, followed by Consumer Staples and Financials.
- Diversified Trust's largest Q1 2016 buy was Mastercard: 29,270 shares worth $2.77M.
- Diversified Trust added most to UBS E-TRACS Alerian MLP Infrastructure ETN in Q1 2016, an estimated $9.32M increase.
- Diversified Trust's biggest Q1 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.33M.
- Diversified Trust fully exited Tyson Foods in Q1 2016, selling an estimated $3.28M.
- Diversified Trust's ten largest holdings make up 40% of its $908M portfolio in Q1 2016.
- Diversified Trust opened 27 new positions and closed 50 in Q1 2016.
- Diversified Trust's portfolio value fell 2.7% quarter-over-quarter to $908M.
Based on Diversified Trust's 13F filing for Q1 2016, filed 2 May 2016.