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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
+9.38%
1 Year Est. Return
+33.14%
3 Year Est. Return
+94.38%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$310M
AUM Growth
+$36.1M
Cap. Flow
+$12.5M
Cap. Flow %
4.03%
Top 10 Hldgs %
34.85%
Holding
329
New
51
Increased
142
Reduced
100
Closed
23

Top Buys

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$5.35M
2
VWO icon
Vanguard FTSE Emerging Markets ETF
VWO
+$3.78M
3
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$2.53M
4
UNH icon
UnitedHealth
UNH
+$1.63M
5
VO icon
Vanguard Morningstar Mid-Cap ETF
VO
+$1.56M

Top Sells

Rank Stock Value
1
TBIL
F/m US Treasury 3 Month Bill Fund
TBIL
+$2.8M
2
VTI icon
Vanguard Morningstar Total Stock Market ETF
VTI
+$2.44M
3
MINT icon
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
+$1.95M
4
EEM icon
iShares MSCI Emerging Markets ETF
EEM
+$1.89M
5
FSK icon
FS KKR Capital
FSK
+$1.63M

Sector Composition

Rank Sector Weight
1 Technology 16.01%
2 Financials 15.06%
3 Healthcare 5.08%
4 Consumer Discretionary 3.97%
5 Energy 3.31%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VLY icon
326
Valley National Bancorp
VLY
$7.9B
– –
-15,451
Closed -$134K
VT icon
327
Vanguard Total World Stock ETF
VT
$77.1B
– –
-2,620
Closed -$244K
OMQS
328
DELISTED
OMNIQ Corp. Common Stock
OMQS
– –
-14,117
Closed -$22.7K
MNP
329
DELISTED
Western Asset Municipal Partners Fund, Inc.
MNP
– –
-10,430
Closed -$111K
10 11 12 13
14

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NCA
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MCM
Maytus Capital Management New York $562M AUM 71.97% 1-Year Est. Return
FGAM
Financial Gravity Asset Management Lakeway, Texas $562M AUM
AC
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PDL
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GWAG
Garrett Wealth Advisory Group Weatherford, Texas $562M AUM 16.6% 1-Year Est. Return
AMCA
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Drive Wealth Management's Q4 2023 Portfolio in Review

As of Q4 2023, Drive Wealth Management held 329 positions worth $310M, up 13% from $274M the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Drive Wealth Management deployed $12.5M of net new capital in Q4 2023, opening 51 new positions and adding to 142 existing holdings. Its largest new stake was UnitedHealth: 3,047 shares worth $1.6M.

By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.

On the sell side, the largest reduction was Vanguard Morningstar Total Stock Market ETF, an estimated $2.44M trimmed.

  • Drive Wealth Management's largest Q4 2023 buy was UnitedHealth: 3,047 shares worth $1.6M.
  • Drive Wealth Management added most to iShares Core S&P 500 ETF in Q4 2023, an estimated $5.35M increase.
  • Drive Wealth Management's biggest Q4 2023 reduction was Vanguard Morningstar Total Stock Market ETF, cutting an estimated $2.44M.
  • Drive Wealth Management fully exited F/m US Treasury 3 Month Bill Fund in Q4 2023, selling an estimated $2.8M.
  • Drive Wealth Management's ten largest holdings make up 35% of its $310M portfolio in Q4 2023.
  • Drive Wealth Management opened 51 new positions and closed 23 in Q4 2023.
  • Drive Wealth Management's portfolio value rose 13% quarter-over-quarter to $310M.

Based on Drive Wealth Management's 13F filing for Q4 2023, filed 22 Jan 2024.