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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
-14.49%
1 Year Est. Return
+33.14%
3 Year Est. Return
+94.38%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$109M
AUM Growth
-$9.11M
Cap. Flow
+$9.71M
Cap. Flow %
8.87%
Top 10 Hldgs %
35.09%
Holding
192
New
27
Increased
89
Reduced
42
Closed
24

Top Buys

Rank Stock Value
1
VTI icon
Vanguard Total Stock Market ETF
VTI
+$3.93M
2
NUGT icon
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
+$2.44M
3
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$1.88M
4
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$1.72M
5
BILI icon
Bilibili
BILI
+$1.15M

Top Sells

Rank Stock Value
1
SQQQ icon
ProShares UltraPro Short QQQ
SQQQ
+$3.85M
2
MUB icon
iShares National Muni Bond ETF
MUB
+$2.97M
3
TFI icon
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
+$2.52M
4
TZA icon
Direxion Daily Small Cap Bear 3x ETF
TZA
+$1.23M
5
BSV icon
Vanguard Short-Term Bond ETF
BSV
+$919K

Sector Composition

Rank Sector Weight
1 Financials 24.47%
2 Technology 13.76%
3 Communication Services 6.77%
4 Energy 6.3%
5 Healthcare 6.16%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CVX icon
51
Chevron
CVX
$381B
$549K 0.5%
3,791
-89
-2% -$14.7K
WFC icon
52
Wells Fargo
WFC
$264B
$541K 0.49%
13,801
+738
+6% +$32.4K
LRCX icon
53
Lam Research
LRCX
$326B
$531K 0.49%
+12,420
New +$591K
NEA icon
54
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.36B
$529K 0.48%
44,830
-994
-2% -$12.1K
BMY icon
55
Bristol-Myers Squibb
BMY
$132B
$523K 0.48%
6,750
+968
+17% +$73.7K
NAD icon
56
Nuveen Quality Municipal Income Fund
NAD
$2.72B
$519K 0.47%
41,439
+257
+0.6% +$3.25K
STT icon
57
State Street
STT
$49.7B
$512K 0.47%
+8,234
New +$582K
APD icon
58
Air Products & Chemicals
APD
$66.1B
$506K 0.46%
2,088
+22
+1% +$5.35K
ABBV icon
59
AbbVie
ABBV
$469B
$501K 0.46%
3,269
+315
+11% +$48.1K
NOW icon
60
ServiceNow
NOW
$113B
$500K 0.46%
5,260
+790
+18% +$75.3K
COIN icon
61
Coinbase
COIN
$42.9B
$490K 0.45%
10,420
+5
+0% +$476
CI icon
62
Cigna
CI
$78.3B
$466K 0.43%
1,767
+263
+17% +$67.8K
ALLY icon
63
Ally Financial
ALLY
$13.3B
$463K 0.42%
+13,814
New +$552K
NVO
64
Novo Nordisk
NVO
$225B
$463K 0.42%
8,312
+206
+3% +$11.4K
OVV icon
65
Ovintiv
OVV
$16.6B
$461K 0.42%
10,425
+2,006
+24% +$103K
GLD icon
66
SPDR Gold Trust
GLD
$130B
$457K 0.42%
2,715
– –
FE icon
67
FirstEnergy
FE
$29B
$456K 0.42%
11,889
+599
+5% +$25.6K
CMCSA icon
68
Comcast
CMCSA
$84.7B
$454K 0.41%
11,571
-541
-4% -$23.2K
OMC icon
69
Omnicom Group
OMC
$24.8B
$447K 0.41%
+7,023
New +$520K
FMC icon
70
FMC
FMC
$1.42B
$438K 0.4%
4,069
+262
+7% +$32K
PXD
71
DELISTED
Pioneer Natural Resource Co.
PXD
$438K 0.4%
1,964
+1,154
+142% +$293K
IQI icon
72
Invesco Quality Municipal Securities
IQI
$526M
$436K 0.4%
42,694
+396
+0.9% +$4.12K
UPS icon
73
United Parcel Service
UPS
$91.5B
$427K 0.39%
2,337
+1,401
+150% +$256K
LOW icon
74
Lowe's Companies
LOW
$123B
$422K 0.39%
2,418
-55
-2% -$10.6K
ROST icon
75
Ross Stores
ROST
$80.1B
$419K 0.38%
+5,970
New +$532K
1 2
3
4 5

Similar funds

NPPM
North Point Portfolio Managers Orange Village, Ohio $561M AUM 15.77% 1-Year Est. Return
MP
Moment Partners San Francisco, California $561M AUM 16.01% 1-Year Est. Return
OPWM
Oakwell Private Wealth Management Austin, Texas $560M AUM 20.18% 1-Year Est. Return
HA
Harfst & Associates Sheridan, Wyoming $560M AUM 17.69% 1-Year Est. Return
NCA
Newbrook Capital Advisors New York $560M AUM 62.9% 1-Year Est. Return
MCM
Maytus Capital Management New York $562M AUM 71.97% 1-Year Est. Return
FGAM
Financial Gravity Asset Management Lakeway, Texas $562M AUM
AC
Addison Capital Conshohocken, Pennsylvania $562M AUM 18.57% 1-Year Est. Return

Drive Wealth Management's Q2 2022 Portfolio in Review

As of Q2 2022, Drive Wealth Management held 192 positions worth $109M, down 7.7% from $119M the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Drive Wealth Management deployed $9.71M of net new capital in Q2 2022, opening 27 new positions and adding to 89 existing holdings. Its largest new stake was Direxion Daily Gold Miners Index Bull 2X ETF: 45,000 shares worth $1.55M.

By sector, the portfolio is most concentrated in Financials at 24% of assets, down from 25% a quarter earlier, followed by Technology and Communication Services.

On the sell side, the largest reduction was ProShares UltraPro Short QQQ, an estimated $3.85M trimmed.

  • Drive Wealth Management's largest Q2 2022 buy was Direxion Daily Gold Miners Index Bull 2X ETF: 45,000 shares worth $1.55M.
  • Drive Wealth Management added most to Vanguard Total Stock Market ETF in Q2 2022, an estimated $3.93M increase.
  • Drive Wealth Management's biggest Q2 2022 reduction was ProShares UltraPro Short QQQ, cutting an estimated $3.85M.
  • Drive Wealth Management fully exited iShares National Muni Bond ETF in Q2 2022, selling an estimated $2.97M.
  • Drive Wealth Management's ten largest holdings make up 35% of its $109M portfolio in Q2 2022.
  • Drive Wealth Management opened 27 new positions and closed 24 in Q2 2022.
  • Drive Wealth Management's portfolio value fell 7.7% quarter-over-quarter to $109M.

Based on Drive Wealth Management's 13F filing for Q2 2022, filed 15 Nov 2022.