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DWM
Drive Wealth Management Portfolio holdings
AUM
$561M
1-Year Est. Return
33.14%
This Fund
S&P 500
This Quarter
Est. Return
+6.54%
1 Year Est. Return
+33.14%
3 Year Est. Return
+94.38%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$270M
AUM Growth
+$30.8M
(+13%)
Cap. Flow
+$16.7M
Cap. Flow
% of AUM
6.2%
Top 10 Holdings %
Top 10 Hldgs %
33.23%
Holding
325
New
35
Increased
114
Reduced
122
Closed
43
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$7.11M |
| 2 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$5.35M |
| 3 |
iShares Ultra Short Duration Bond Active ETF
ICSH
|
+$4.59M |
| 4 |
Invesco Ultra Short Duration ETF
GSY
|
+$4.46M |
| 5 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$4.24M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ProShares UltraPro Short QQQ
SQQQ
|
+$5.39M |
| 2 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$4.14M |
| 3 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$2.97M |
| 4 |
Invesco FTSE RAFI Emerging Markets ETF
PXH
|
+$2.23M |
| 5 |
DFUS
Dimensional US Equity ETF
DFUS
|
+$1.52M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.14% |
| 2 | Technology | 14.46% |
| 3 | Healthcare | 4.94% |
| 4 | Consumer Discretionary | 3.87% |
| 5 | Energy | 3.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
DuPont de Nemours
DD
$18.6B
| $202K | 0.07% |
+2,254
| New | +$194K |
|
252
VanEck Gold Miners ETF
GDX
$22.5B
| $202K | 0.07% |
+6,695
| New | +$218K |
|
253
Motorola Solutions
MSI
$72.1B
| $201K | 0.07% |
+685
| New | +$196K |
|
254
Valley National Bancorp
VLY
$7.9B
| $174K | 0.06% |
22,187
-3,583
| -14% | -$28.5K |
|
255
Infosys
INFY
$51B
| $169K | 0.06% |
+10,388
| New | +$162K |
|
256
Ford
F
$60.9B
| $165K | 0.06% |
10,926
+838
| +8% | +$10.6K |
|
|
MQT
257
DELISTED
BlackRock MuniYield Quality Fund II
MQT
| $163K | 0.06% |
16,188
-4,562
| -22% | -$46.1K |
|
|
AFB
258
AllianceBernstein National Municipal Income Fund
AFB
$315M
| $139K | 0.05% |
12,948
-1,602
| -11% | -$17K |
|
259
Invesco Advantage Municipal Income Trust II
VKI
$397M
| $138K | 0.05% |
16,399
-1,150
| -7% | -$9.76K |
|
260
Sumitomo Mitsui Financial
SMFG
$159B
| $135K | 0.05% |
15,405
+1,834
| +14% | +$15.2K |
|
|
CXE
261
DELISTED
MFS High Income Municipal Trust
CXE
| $134K | 0.05% |
38,612
+71
| +0.2% | +$249 |
|
|
MUE
262
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
| $129K | 0.05% |
13,240
| – | – |
|
263
Haleon
HLN
$45.3B
| $128K | 0.05% |
15,253
-1,610
| -10% | -$13.7K |
|
264
ASE Group
ASX
$68.3B
| $127K | 0.05% |
15,189
+1,315
| +9% | +$10.1K |
|
|
CMU
265
DELISTED
MFS High Yield Municipal Trust
CMU
| $126K | 0.05% |
39,200
-15,575
| -28% | -$49.7K |
|
|
NSL
266
DELISTED
NUVEEN SENIOR INCM FD
NSL
| $123K | 0.05% |
26,668
+590
| +2% | +$2.69K |
|
267
Invesco Quality Municipal Securities
IQI
$526M
| $122K | 0.05% |
12,786
-9,914
| -44% | -$94.5K |
|
268
United Microelectronic
UMC
$42.9B
| $120K | 0.04% |
14,108
+803
| +6% | +$6.62K |
|
|
MFM
269
Aberdeen Municipal Income Fund
MFM
$221M
| $94.9K | 0.04% |
18,600
| – | – |
|
270
Wipro
WIT
$19.5B
| $84.1K | 0.03% |
35,640
+4,380
| +14% | +$10.2K |
|
271
Korea Electric Power
KEP
$14.6B
| $78.2K | 0.03% |
+10,090
| New | +$72.5K |
|
272
Enel Chile
ENIC
$6.03B
| $77.5K | 0.03% |
23,268
+4,008
| +21% | +$11.8K |
|
273
LG Display
LPL
$2.79B
| $74K | 0.03% |
12,206
-287
| -2% | -$1.75K |
|
274
Lloyds Banking Group
LYG
$85.2B
| $73.5K | 0.03% |
33,401
+4,974
| +17% | +$11.4K |
|
275
ICL Group
ICL
$6.58B
| $72.1K | 0.03% |
13,150
-692
| -5% | -$4.18K |
|
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Drive Wealth Management's Q2 2023 Portfolio in Review
As of Q2 2023, Drive Wealth Management held 325 positions worth $270M, up 13% from $239M the previous quarter. Its ten largest holdings account for 33% of the portfolio.
Drive Wealth Management deployed $16.7M of net new capital in Q2 2023, opening 35 new positions and adding to 114 existing holdings. Its largest new stake was Shutterstock: 8,804 shares worth $428K.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 17% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR Portfolio S&P 500 Value ETF, an estimated $4.14M trimmed.
- Drive Wealth Management's largest Q2 2023 buy was Shutterstock: 8,804 shares worth $428K.
- Drive Wealth Management added most to iShares Core S&P 500 ETF in Q2 2023, an estimated $7.11M increase.
- Drive Wealth Management's biggest Q2 2023 reduction was State Street SPDR Portfolio S&P 500 Value ETF, cutting an estimated $4.14M.
- Drive Wealth Management fully exited ProShares UltraPro Short QQQ in Q2 2023, selling an estimated $5.39M.
- Drive Wealth Management's ten largest holdings make up 33% of its $270M portfolio in Q2 2023.
- Drive Wealth Management opened 35 new positions and closed 43 in Q2 2023.
- Drive Wealth Management's portfolio value rose 13% quarter-over-quarter to $270M.
Based on Drive Wealth Management's 13F filing for Q2 2023, filed 14 Jul 2023.