Equitable Trust Portfolio holdings
Equitable Trust is a trust company owned entirely by its employees that acts as trustee and executor for families and also runs a family office and investment management business. It was founded in 1991 by Tom Steele, and John Steele is its chief executive. For investments, it sells no products of its own, instead choosing outside managers and spreading client money across asset classes, including liquid and illiquid alternatives. Its clients are families, and the same professionals stay with a family across generations.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fiserv Inc
FISV
|
+$20.2M |
| 2 |
Intercontinental Exchange
ICE
|
+$14M |
| 3 |
Medtronic
MDT
|
+$6.97M |
| 4 |
ARK Innovation ETF
ARKK
|
+$6.54M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$5.55M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cisco
CSCO
|
+$18.8M |
| 2 |
American Express
AXP
|
+$16.2M |
| 3 |
Coca-Cola
KO
|
+$14.7M |
| 4 |
iShares Core MSCI Total International Stock ETF
IXUS
|
+$9.1M |
| 5 |
O'Reilly Automotive
ORLY
|
+$6.95M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.05% |
| 2 | Healthcare | 16.96% |
| 3 | Financials | 15.39% |
| 4 | Miscellaneous | 15.16% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
iShares Core MSCI Total International Stock ETF
IXUS
$58.1B
| $33.3M | 3.66% |
707,560
-161,089
| -19% | -$9.1M |
2018 Q4
5 quarters
|
|
|
2
Medtronic
MDT
$131B
| $30.3M | 3.33% |
336,486
+65,478
| +24% | +$6.97M |
2018 Q2
7 quarters
|
|
|
3
Alphabet (Google) Class A
GOOGL
$3.54T
| $29.5M | 3.24% |
507,600
+81,840
| +19% | +$5.55M |
2018 Q2
7 quarters
|
|
4
Microsoft
MSFT
$4.05T
| $29.1M | 3.2% |
184,341
+15,156
| +9% | +$2.49M |
2018 Q2
7 quarters
|
|
|
5
American Express
AXP
$217B
| $22.8M | 2.51% |
266,493
-138,919
| -34% | -$16.2M |
2018 Q2
7 quarters
|
|
|
6
Fiserv Inc
FISV
$33.8B
| $20.6M | 2.26% |
216,406
+181,444
| +519% | +$20.2M |
2018 Q2
7 quarters
|
|
7
Alphabet (Google) Class C
GOOG
$3.52T
| $17.4M | 1.91% |
299,020
+37,160
| +14% | +$2.52M |
2018 Q2
7 quarters
|
|
|
8
Intercontinental Exchange
ICE
$97.3B
| $16.9M | 1.86% |
209,563
+154,864
| +283% | +$14M |
2018 Q2
7 quarters
|
|
9
Apple
AAPL
$5.1T
| $16.8M | 1.84% |
264,032
-14,908
| -5% | -$1.1M |
2018 Q2
7 quarters
|
|
10
Visa
V
$788B
| $16M | 1.75% |
99,011
+3,471
| +4% | +$654K |
2018 Q2
7 quarters
|
|
11
Vulcan Materials
VMC
$37.1B
| $15.7M | 1.73% |
145,426
+26,130
| +22% | +$3.34M |
2018 Q2
7 quarters
|
|
12
Analog Devices
ADI
$191B
| $15.6M | 1.71% |
173,634
+42,032
| +32% | +$4.6M |
2018 Q2
7 quarters
|
|
13
Baxter International
BAX
$13.7B
| $14.8M | 1.62% |
181,706
-11,938
| -6% | -$1.03M |
2018 Q2
7 quarters
|
|
14
Mastercard
MA
$571B
| $14.5M | 1.6% |
60,196
+13,974
| +30% | +$4.15M |
2018 Q2
7 quarters
|
|
15
Armstrong World Industries
AWI
$7.49B
| $14M | 1.53% |
175,805
+15,473
| +10% | +$1.49M |
2018 Q3
6 quarters
|
|
16
Shopify
SHOP
$196B
| $13.6M | 1.49% |
325,690
-19,780
| -6% | -$892K |
2018 Q2
7 quarters
|
|
17
Amazon
AMZN
$2.89T
| $12.9M | 1.42% |
132,380
+49,040
| +59% | +$4.75M |
2018 Q2
7 quarters
|
|
18
Accenture
ACN
$150B
| $12.3M | 1.35% |
75,286
+4,658
| +7% | +$897K |
2018 Q2
7 quarters
|
|
19
PayPal
PYPL
$49.9B
| $11.5M | 1.26% |
120,163
+8,347
| +7% | +$922K |
2018 Q2
7 quarters
|
|
20
Adobe
ADBE
$92.4B
| $11.1M | 1.22% |
34,802
+2,000
| +6% | +$684K |
2018 Q2
7 quarters
|
|
|
21
ARK Innovation ETF
ARKK
$5.96B
| $10.8M | 1.18% |
244,420
+128,308
| +111% | +$6.54M |
2019 Q3
2 quarters
|
|
22
Meta Platforms (Facebook)
META
$1.64T
| $10.6M | 1.16% |
63,393
+10,271
| +19% | +$2.01M |
2018 Q2
7 quarters
|
|
23
Skyworks Solutions
SWKS
$19.5B
| $10.5M | 1.15% |
117,523
+8,033
| +7% | +$858K |
2018 Q2
7 quarters
|
|
24
Zoetis
ZTS
$33.4B
| $9.39M | 1.03% |
79,756
-4,164
| -5% | -$548K |
2018 Q2
7 quarters
|
|
|
25
Coca-Cola
KO
$413B
| $8.76M | 0.96% |
197,839
-271,905
| -58% | -$14.7M |
2018 Q2
7 quarters
|
|
Similar funds
Equitable Trust's Q1 2020 Portfolio in Review
As of Q1 2020, Equitable Trust held 338 positions worth $910M, down 11% from $1.02B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Equitable Trust deployed $92.4M of net new capital in Q1 2020, opening 55 new positions and adding to 145 existing holdings. Its largest new stake was Mercado Libre: 8,508 shares worth $4.16M.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Cisco, an estimated $18.8M trimmed.
- Equitable Trust's largest Q1 2020 buy was Mercado Libre: 8,508 shares worth $4.16M.
- Equitable Trust added most to Fiserv Inc in Q1 2020, an estimated $20.2M increase.
- Equitable Trust's biggest Q1 2020 reduction was Cisco, cutting an estimated $18.8M.
- Equitable Trust fully exited O'Reilly Automotive in Q1 2020, selling an estimated $6.95M.
- Equitable Trust's ten largest holdings make up 26% of its $910M portfolio in Q1 2020.
- Equitable Trust opened 55 new positions and closed 35 in Q1 2020.
- Equitable Trust's portfolio value fell 11% quarter-over-quarter to $910M.
Based on Equitable Trust's 13F filing for Q1 2020, filed 21 May 2020.