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EWM
Elite Wealth Management Portfolio holdings
AUM
$308M
1-Year Est. Return
30.88%
This Fund
S&P 500
This Quarter
Est. Return
+16.96%
1 Year Est. Return
+30.88%
3 Year Est. Return
+130.3%
5 Year Est. Return
+130.18%
10 Year Est. Return
–
AUM
$1.3B
AUM Growth
-$338M
(-21%)
Cap. Flow
+$970M
Cap. Flow
% of AUM
74.55%
Top 10 Holdings %
Top 10 Hldgs %
94.65%
Holding
65
New
9
Increased
24
Reduced
11
Closed
16
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$12.5M |
| 2 |
NVIDIA
NVDA
|
+$9.03M |
| 3 |
Advanced Micro Devices
AMD
|
+$5.55M |
| 4 |
Palo Alto Networks
PANW
|
+$4.3M |
| 5 |
Amazon
AMZN
|
+$3.73M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ProShares Short S&P500
SH
|
+$8.45M |
| 2 |
ProShares Short QQQ
PSQ
|
+$7.86M |
| 3 |
Visa
V
|
+$2.09M |
| 4 |
S&P Global
SPGI
|
+$1.82M |
| 5 |
DoorDash
DASH
|
+$1.76M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.34% |
| 2 | Communication Services | 1.78% |
| 3 | Consumer Discretionary | 1.7% |
| 4 | Consumer Staples | 0.72% |
| 5 | Healthcare | 0.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Berkshire Hathaway Class B
BRK.B
$1.1T
| – | – |
-967
| Closed | -$299K |
|
|
52
DoorDash
DASH
$84.8B
| – | – |
-27,619
| Closed | -$1.76M |
|
53
Global X Lithium & Battery Tech ETF
LIT
$1.46B
| – | – |
-17,908
| Closed | -$1.14M |
|
54
Lyft
LYFT
$5.9B
| – | – |
-12,553
| Closed | -$116K |
|
55
NextEra Energy
NEE
$186B
| – | – |
-5,650
| Closed | -$435K |
|
56
Newmont
NEM
$95.7B
| – | – |
-10,550
| Closed | -$517K |
|
57
Okta
OKTA
$23.5B
| – | – |
-9,827
| Closed | -$847K |
|
58
Pinduoduo
PDD
$126B
| – | – |
-2,651
| Closed | -$201K |
|
|
59
ProShares Short QQQ
PSQ
$848M
| – | – |
-129,055
| Closed | -$7.86M |
|
60
PayPal
PYPL
$50.7B
| – | – |
-7,668
| Closed | -$582K |
|
|
61
ProShares Short S&P500
SH
$920M
| – | – |
-140,908
| Closed | -$8.45M |
|
|
62
S&P Global
SPGI
$124B
| – | – |
-5,274
| Closed | -$1.82M |
|
|
63
Visa
V
$704B
| – | – |
-9,278
| Closed | -$2.09M |
|
64
ZTO Express
ZTO
$18.3B
| – | – |
-9,079
| Closed | -$260K |
|
|
XM
65
DELISTED
Qualtrics International Inc. Class A Common Stock
XM
| – | – |
-43,469
| Closed | -$775K |
|
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Elite Wealth Management's Q2 2023 Portfolio in Review
As of Q2 2023, Elite Wealth Management held 65 positions worth $1.3B, down 21% from $1.64B the previous quarter. Its ten largest holdings account for 95% of the portfolio.
Elite Wealth Management deployed $970M of net new capital in Q2 2023, opening 9 new positions and adding to 24 existing holdings. Its largest new stake was Palo Alto Networks: 41,314 shares worth $5.28M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 8.9% a quarter earlier, followed by Communication Services and Consumer Discretionary.
On the sell side, the largest reduction was Intel, an estimated $101K trimmed.
- Elite Wealth Management's largest Q2 2023 buy was Palo Alto Networks: 41,314 shares worth $5.28M.
- Elite Wealth Management added most to Microsoft in Q2 2023, an estimated $12.5M increase.
- Elite Wealth Management's biggest Q2 2023 reduction was Intel, cutting an estimated $101K.
- Elite Wealth Management fully exited ProShares Short S&P500 in Q2 2023, selling an estimated $8.45M.
- Elite Wealth Management's ten largest holdings make up 95% of its $1.3B portfolio in Q2 2023.
- Elite Wealth Management opened 9 new positions and closed 16 in Q2 2023.
- Elite Wealth Management's portfolio value fell 21% quarter-over-quarter to $1.3B.
Based on Elite Wealth Management's 13F filing for Q2 2023, filed 28 Jul 2023.