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 |
AVNU
AVENUE FINL HLDGS INC COM STK (TN)
AVNU
|
+$9.36M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$8.99M |
| 3 |
Vanguard S&P 500 ETF
VOO
|
+$2.78M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$2.68M |
| 5 |
McKesson
MCK
|
+$2.16M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Digital Realty Trust
DLR
|
+$3.96M |
| 2 |
Philip Morris
PM
|
+$3.55M |
| 3 |
PayPal
PYPL
|
+$2.98M |
| 4 |
The Gap Inc
GAP
|
+$2.91M |
| 5 |
W.W. Grainger
GWW
|
+$2.23M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 59.02% |
| 2 | Consumer Staples | 8.59% |
| 3 | Energy | 5.89% |
| 4 | Financials | 5.58% |
| 5 | Technology | 4.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Vanguard Dividend Appreciation ETF
VIG
$116B
| $116M | 13.35% |
1,389,659
-6,366
| -0.5% | -$520K |
2013 Q2
12 quarters
|
|
|
2
State Street SPDR S&P 500 ETF Trust
SPY
$802B
| $58.7M | 6.78% |
280,373
+43,321
| +18% | +$8.99M |
2013 Q2
12 quarters
|
|
3
DELISTED
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
| $52M | 6% |
1,839,852
-52,161
| -3% | -$1.37M |
2013 Q2
12 quarters
|
|
|
4
Vanguard S&P 500 ETF
VOO
$1.02T
| $45.7M | 5.28% |
237,989
+14,587
| +7% | +$2.78M |
2013 Q2
12 quarters
|
|
5
Coca-Cola Consolidated
COKE
$14B
| $28.2M | 3.26% |
1,914,920
| – | – |
2013 Q2
12 quarters
|
|
6
Coca-Cola
KO
$405B
| $26.1M | 3.01% |
575,925
-13,580
| -2% | -$614K |
2013 Q2
12 quarters
|
|
|
7
iShares Russell 2000 ETF
IWM
$74.9B
| $22M | 2.54% |
191,306
+23,789
| +14% | +$2.68M |
2013 Q2
12 quarters
|
|
8
iShares Russell Mid-Cap ETF
IWR
$57.2B
| $13.8M | 1.59% |
327,688
+44,308
| +16% | +$1.83M |
2013 Q2
12 quarters
|
|
9
Vanguard Extended Market ETF
VXF
$30B
| $13.5M | 1.56% |
157,988
+8,593
| +6% | +$724K |
2014 Q2
8 quarters
|
|
10
FedEx
FDX
$73.4B
| $9.9M | 1.15% |
65,516
| – | – |
2013 Q2
12 quarters
|
|
|
AVNU
11
DELISTED
AVENUE FINL HLDGS INC COM STK (TN)
AVNU
| $9.43M | 1.09% |
+479,845
| New | +$9.36M |
2016 Q2
0 quarters
|
|
|
12
Philip Morris
PM
$325B
| $7.25M | 0.84% |
71,287
-35,621
| -33% | -$3.55M |
2013 Q2
12 quarters
|
|
13
iShares Core US Aggregate Bond ETF
AGG
$140B
| $6.05M | 0.7% |
53,708
-11,989
| -18% | -$1.33M |
2014 Q2
8 quarters
|
|
14
Alphabet (Google) Class A
GOOGL
$3.44T
| $5.36M | 0.62% |
152,460
-32,720
| -18% | -$1.2M |
2015 Q4
2 quarters
|
|
15
Chevron
CVX
$459B
| $4.92M | 0.57% |
46,906
-3,766
| -7% | -$379K |
2013 Q2
12 quarters
|
|
16
Avery Dennison
AVY
$13.8B
| $4.66M | 0.54% |
62,414
| – | – |
2013 Q2
12 quarters
|
|
17
Johnson & Johnson
JNJ
$658B
| $4.56M | 0.53% |
37,565
-4,973
| -12% | -$565K |
2013 Q2
12 quarters
|
|
18
Enterprise Products Partners
EPD
$82.4B
| $4.53M | 0.52% |
154,752
+3,504
| +2% | +$94.1K |
2013 Q2
12 quarters
|
|
|
MMP
19
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $4.21M | 0.49% |
55,451
-584
| -1% | -$41.4K |
2014 Q2
8 quarters
|
|
20
Visa
V
$773B
| $4.19M | 0.48% |
56,436
-4,902
| -8% | -$384K |
2013 Q2
12 quarters
|
|
21
Alphabet (Google) Class C
GOOG
$3.42T
| $4.03M | 0.47% |
116,480
-37,440
| -24% | -$1.34M |
2013 Q2
12 quarters
|
|
22
Meta Platforms (Facebook)
META
$1.6T
| $4.01M | 0.46% |
35,108
-5,177
| -13% | -$597K |
2013 Q2
12 quarters
|
|
23
Microsoft
MSFT
$3.88T
| $4.01M | 0.46% |
78,349
-24,349
| -24% | -$1.27M |
2013 Q2
12 quarters
|
|
24
Oracle
ORCL
$396B
| $3.97M | 0.46% |
96,961
-10,662
| -10% | -$426K |
2013 Q2
12 quarters
|
|
25
Cisco
CSCO
$412B
| $3.82M | 0.44% |
133,311
-14,075
| -10% | -$395K |
2014 Q2
8 quarters
|
|
Similar funds
Diversified Trust's Q2 2016 Portfolio in Review
As of Q2 2016, Diversified Trust held 420 positions worth $867M, down 4.6% from $908M the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Diversified Trust withdrew a net $63.1M in Q2 2016, closing 41 positions and reducing 192 holdings. Its most notable exit was The Gap Inc, an estimated $2.91M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 59% of assets, up from 58% a quarter earlier, followed by Consumer Staples and Energy.
Against the trend, Diversified Trust opened a new position in AVENUE FINL HLDGS INC COM STK (TN) worth $9.43M.
- Diversified Trust's largest Q2 2016 buy was AVENUE FINL HLDGS INC COM STK (TN): 479,845 shares worth $9.43M.
- Diversified Trust added most to State Street SPDR S&P 500 ETF Trust in Q2 2016, an estimated $8.99M increase.
- Diversified Trust's biggest Q2 2016 reduction was Digital Realty Trust, cutting an estimated $3.96M.
- Diversified Trust fully exited The Gap Inc in Q2 2016, selling an estimated $2.91M.
- Diversified Trust's ten largest holdings make up 45% of its $867M portfolio in Q2 2016.
- Diversified Trust opened 34 new positions and closed 41 in Q2 2016.
- Diversified Trust's portfolio value fell 4.6% quarter-over-quarter to $867M.
Based on Diversified Trust's 13F filing for Q2 2016, filed 26 Jul 2016.