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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
-1.96%
1 Year Est. Return
+33.14%
3 Year Est. Return
+94.38%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$274M
AUM Growth
+$4.18M
Cap. Flow
+$10.8M
Cap. Flow %
3.96%
Top 10 Hldgs %
33.57%
Holding
315
New
33
Increased
128
Reduced
101
Closed
37

Top Buys

Rank Stock Value
1
NCNO icon
nCino
NCNO
+$4.28M
2
IVV icon
iShares Core S&P 500 ETF
IVV
+$4.15M
3
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$2.86M
4
TBIL
F/m US Treasury 3 Month Bill Fund
TBIL
+$2.8M
5
MINT icon
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
+$2.49M

Top Sells

Rank Stock Value
1
TZA icon
Direxion Daily Small Cap Bear 3x ETF
TZA
+$3.5M
2
VTI icon
Vanguard Morningstar Total Stock Market ETF
VTI
+$1.64M
3
JNJ icon
Johnson & Johnson
JNJ
+$1.44M
4
GLD icon
SPDR Gold Trust
GLD
+$1.38M
5
UNH icon
UnitedHealth
UNH
+$1.35M

Sector Composition

Rank Sector Weight
1 Financials 15.86%
2 Technology 14.77%
3 Energy 4.24%
4 Healthcare 4.22%
5 Consumer Discretionary 3.65%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WBD icon
251
Warner Bros
WBD
$65.9B
$136K 0.05%
+12,529
New +$156K
VLY icon
252
Valley National Bancorp
VLY
$7.9B
$134K 0.05%
15,451
-6,736
-30% -$61.1K
MQT
253
DELISTED
BlackRock MuniYield Quality Fund II
MQT
$129K 0.05%
14,295
-1,893
-12% -$18.6K
CXE
254
DELISTED
MFS High Income Municipal Trust
CXE
$128K 0.05%
41,112
+2,500
+6% +$8.55K
JFR icon
255
Nuveen Floating Rate Income Fund
JFR
$1.24B
$126K 0.05%
+15,149
New +$122K
ASX icon
256
ASE Group
ASX
$77.3B
$125K 0.05%
16,660
+1,471
+10% +$11.4K
CMU
257
DELISTED
MFS High Yield Municipal Trust
CMU
$123K 0.04%
39,200
– –
VKI icon
258
Invesco Advantage Municipal Income Trust II
VKI
$396M
$122K 0.04%
16,399
– –
NAD icon
259
Nuveen Quality Municipal Income Fund
NAD
$2.74B
$120K 0.04%
+11,750
New +$128K
MUE
260
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
$117K 0.04%
13,240
– –
DB icon
261
Deutsche Bank
DB
$69B
$114K 0.04%
+10,409
New +$113K
MNP
262
DELISTED
Western Asset Municipal Partners Fund, Inc.
MNP
$111K 0.04%
+10,430
New +$119K
UMC icon
263
United Microelectronic
UMC
$47.7B
$100K 0.04%
14,190
+82
+0.6% +$594
WIT icon
264
Wipro
WIT
$19.6B
$94K 0.03%
38,858
+3,218
+9% +$8.01K
HLN icon
265
Haleon
HLN
$43.5B
$90.4K 0.03%
10,790
-4,463
-29% -$37.2K
IQI icon
266
Invesco Quality Municipal Securities
IQI
$522M
$87.1K 0.03%
10,386
-2,400
-19% -$22.1K
MFM
267
Aberdeen Municipal Income Fund
MFM
$221M
$84.6K 0.03%
18,600
– –
ICL icon
268
ICL Group
ICL
$6.53B
$79.7K 0.03%
14,369
+1,219
+9% +$7.35K
LYG icon
269
Lloyds Banking Group
LYG
$89.5B
$78.4K 0.03%
36,810
+3,409
+10% +$7.39K
ENIC icon
270
Enel Chile
ENIC
$6.14B
$76.4K 0.03%
25,797
+2,529
+11% +$8.31K
SIRI icon
271
SiriusXM
SIRI
$9.98B
$69.9K 0.03%
1,547
+98
+7% +$4.55K
OWLT icon
272
Owlet
OWLT
$149M
$63.5K 0.02%
14,168
-2
-0% -$8
NMR icon
273
Nomura Holdings
NMR
$28.3B
$50.9K 0.02%
12,650
+1,369
+12% +$5.45K
NOK icon
274
Nokia
NOK
$51B
$47.5K 0.02%
12,695
+2,524
+25% +$9.96K
BBD icon
275
Banco Bradesco
BBD
$39.3B
$43K 0.02%
15,064
+1,329
+10% +$4.21K
9 10
11
12 13

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MCM
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FGAM
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PDL
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GWAG
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AMCA
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Drive Wealth Management's Q3 2023 Portfolio in Review

As of Q3 2023, Drive Wealth Management held 315 positions worth $274M, up 1.5% from $270M the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Drive Wealth Management deployed $10.8M of net new capital in Q3 2023, opening 33 new positions and adding to 128 existing holdings. Its largest new stake was nCino: 138,824 shares worth $4.41M.

By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 16% a quarter earlier, followed by Technology and Energy.

On the sell side, the largest reduction was Vanguard Morningstar Total Stock Market ETF, an estimated $1.64M trimmed.

  • Drive Wealth Management's largest Q3 2023 buy was nCino: 138,824 shares worth $4.41M.
  • Drive Wealth Management added most to iShares Core S&P 500 ETF in Q3 2023, an estimated $4.15M increase.
  • Drive Wealth Management's biggest Q3 2023 reduction was Vanguard Morningstar Total Stock Market ETF, cutting an estimated $1.64M.
  • Drive Wealth Management fully exited Direxion Daily Small Cap Bear 3x ETF in Q3 2023, selling an estimated $3.5M.
  • Drive Wealth Management's ten largest holdings make up 34% of its $274M portfolio in Q3 2023.
  • Drive Wealth Management opened 33 new positions and closed 37 in Q3 2023.
  • Drive Wealth Management's portfolio value rose 1.5% quarter-over-quarter to $274M.

Based on Drive Wealth Management's 13F filing for Q3 2023, filed 11 Oct 2023.