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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
Cap. Flow
+$16.7M
Cap. Flow %
6.2%
Top 10 Hldgs %
33.23%
Holding
325
New
35
Increased
114
Reduced
122
Closed
43

Top Buys

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$7.11M
2
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$5.35M
3
ICSH icon
iShares Ultra Short Duration Bond Active ETF
ICSH
+$4.59M
4
GSY icon
Invesco Ultra Short Duration ETF
GSY
+$4.46M
5
SHV icon
iShares 0-1 Year Treasury Bond ETF
SHV
+$4.24M

Top Sells

Rank Stock Value
1
SQQQ icon
ProShares UltraPro Short QQQ
SQQQ
+$5.39M
2
SPYV icon
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
+$4.14M
3
SPYG icon
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
+$2.97M
4
PXH icon
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
NZF icon
151
Nuveen Municipal Credit Income Fund
NZF
$2.43B
$344K 0.13%
29,402
+3,519
+14% +$40.8K
SPGI icon
152
S&P Global
SPGI
$123B
$343K 0.13%
856
+89
+12% +$32.5K
VTEB icon
153
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
$342K 0.13%
6,818
+1,752
+35% +$88K
SYY icon
154
Sysco
SYY
$40.8B
$342K 0.13%
4,603
-653
-12% -$48.3K
NVG icon
155
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.69B
$341K 0.13%
29,019
+4,031
+16% +$46.8K
ITW icon
156
Illinois Tool Works
ITW
$84.3B
$337K 0.13%
1,342
+130
+11% +$30.4K
TJX icon
157
TJX Companies
TJX
$179B
$333K 0.12%
3,932
+280
+8% +$22.1K
NEE icon
158
NextEra Energy
NEE
$186B
$331K 0.12%
4,457
-230
-5% -$17.4K
NEA icon
159
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.39B
$329K 0.12%
30,045
-3,265
-10% -$35.7K
MC icon
160
Moelis & Co
MC
$4.91B
$329K 0.12%
7,246
-1,023
-12% -$40.8K
VRTX icon
161
Vertex Pharmaceuticals
VRTX
$124B
$327K 0.12%
930
+100
+12% +$33.7K
BA icon
162
Boeing
BA
$167B
$327K 0.12%
1,549
+259
+20% +$53.8K
CNQ icon
163
Canadian Natural Resources
CNQ
$96.1B
$324K 0.12%
11,372
+404
+4% +$11.5K
PYPL icon
164
PayPal
PYPL
$50.4B
$323K 0.12%
4,845
-1,133
-19% -$77.2K
GD icon
165
General Dynamics
GD
$106B
$322K 0.12%
1,498
-18
-1% -$3.88K
HYG icon
166
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
$321K 0.12%
+4,270
New +$319K
DFAC icon
167
Dimensional US Core Equity 2 ETF
DFAC
$47.3B
$315K 0.12%
11,618
-469
-4% -$12.1K
ORLY icon
168
O'Reilly Automotive
ORLY
$75.2B
$312K 0.12%
4,905
+345
+8% +$21.1K
SAP icon
169
SAP
SAP
$213B
$312K 0.12%
2,281
+139
+6% +$18.4K
PSX icon
170
Phillips 66
PSX
$84B
$310K 0.12%
3,255
+94
+3% +$9.14K
FICS icon
171
First Trust International Developed Capital Strength ETF
FICS
$217M
$310K 0.11%
9,552
+1,705
+22% +$54.8K
CSX icon
172
CSX Corp
CSX
$94B
$303K 0.11%
8,900
-94
-1% -$2.97K
FMN
173
Federated Hermes Premier Municipal Income Fund
FMN
$87.4M
$301K 0.11%
28,237
-855
-3% -$9.09K
PCG icon
174
PG&E
PCG
$39.2B
$301K 0.11%
17,398
-1,333
-7% -$22.6K
SOFI icon
175
SoFi Technologies
SOFI
$19.5B
$299K 0.11%
35,876
-10
-0% -$65
5 6
7
8 9

Similar funds

NPPM
North Point Portfolio Managers Orange Village, Ohio $561M AUM 15.77% 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
PDL
Portfolio Design Labs Encino, California $562M AUM 20.39% 1-Year Est. Return

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.