Ethic Inc Portfolio holdings
Ethic is a technology-driven asset manager that builds personalized portfolios for financial advisers and institutions, including index-tracking portfolios shaped around each investor's taxes and values. It was founded in 2015, and its chief executive and co-founder is Doug Scott. Ethic's computer models weigh benchmark tracking, factor exposures, values screens and taxes together when building each portfolio. It also manages ETF and mutual fund model portfolios for other firms.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$3.59M |
| 2 |
Microsoft
MSFT
|
+$3.5M |
| 3 |
Amazon
AMZN
|
+$3.15M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$3.01M |
| 5 |
Johnson & Johnson
JNJ
|
+$2.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Loews
L
|
+$461K |
| 2 |
Becton Dickinson
BDX
|
+$402K |
| 3 |
CAJ
Canon, Inc.
CAJ
|
+$361K |
| 4 |
Dow Inc
DOW
|
+$345K |
| 5 |
Willis Towers Watson
WTW
|
+$292K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.34% |
| 2 | Healthcare | 15.42% |
| 3 | Financials | 14.22% |
| 4 | Consumer Discretionary | 11.93% |
| 5 | Communication Services | 10.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$5.18T
| $17.5M | 6.69% |
151,117
+32,925
| +28% | +$3.59M |
2019 Q4
3 quarters
|
|
|
2
Microsoft
MSFT
$3.89T
| $13.6M | 5.2% |
64,610
+16,674
| +35% | +$3.5M |
2019 Q4
3 quarters
|
|
|
3
Amazon
AMZN
$2.88T
| $11.9M | 4.57% |
75,840
+19,980
| +36% | +$3.15M |
2019 Q4
3 quarters
|
|
|
4
Alphabet (Google) Class A
GOOGL
$3.64T
| $6.86M | 2.62% |
93,620
+39,460
| +73% | +$3.01M |
2019 Q4
3 quarters
|
|
5
Visa
V
$794B
| $3.73M | 1.43% |
18,660
+4,232
| +29% | +$845K |
2019 Q4
3 quarters
|
|
6
Meta Platforms (Facebook)
META
$1.64T
| $3.72M | 1.42% |
14,215
+6,061
| +74% | +$1.56M |
2019 Q4
3 quarters
|
|
7
Mastercard
MA
$576B
| $3.1M | 1.18% |
9,161
+1,867
| +26% | +$607K |
2019 Q4
3 quarters
|
|
8
Procter & Gamble
PG
$394B
| $3.08M | 1.18% |
22,173
+933
| +4% | +$124K |
2019 Q4
3 quarters
|
|
9
NVIDIA
NVDA
$3.93T
| $3.07M | 1.17% |
226,640
+53,520
| +31% | +$623K |
2019 Q4
3 quarters
|
|
10
UnitedHealth
UNH
$365B
| $3.07M | 1.17% |
9,837
+2,328
| +31% | +$715K |
2019 Q4
3 quarters
|
|
11
Home Depot
HD
$348B
| $2.88M | 1.1% |
10,363
+1,437
| +16% | +$389K |
2019 Q4
3 quarters
|
|
12
Verizon
VZ
$192B
| $2.88M | 1.1% |
48,383
+11,489
| +31% | +$668K |
2019 Q4
3 quarters
|
|
13
Adobe
ADBE
$94.6B
| $2.82M | 1.08% |
5,758
+1,810
| +46% | +$842K |
2019 Q4
3 quarters
|
|
14
Alphabet (Google) Class C
GOOG
$3.6T
| $2.58M | 0.99% |
35,080
+1,120
| +3% | +$85.4K |
2019 Q4
3 quarters
|
|
15
Salesforce
CRM
$179B
| $2.57M | 0.98% |
10,211
+3,271
| +47% | +$716K |
2019 Q4
3 quarters
|
|
|
16
Johnson & Johnson
JNJ
$688B
| $2.56M | 0.98% |
17,203
+15,542
| +936% | +$2.3M |
2019 Q4
3 quarters
|
|
17
Merck
MRK
$364B
| $2.55M | 0.98% |
32,212
+7,161
| +29% | +$561K |
2019 Q4
3 quarters
|
|
18
Comcast
CMCSA
$89.3B
| $2.45M | 0.94% |
52,888
+12,009
| +29% | +$522K |
2019 Q4
3 quarters
|
|
19
PayPal
PYPL
$49.2B
| $2.44M | 0.93% |
12,390
+2,480
| +25% | +$467K |
2019 Q4
3 quarters
|
|
20
JPMorgan Chase
JPM
$919B
| $2.27M | 0.87% |
23,560
+3,835
| +19% | +$377K |
2019 Q4
3 quarters
|
|
21
Danaher
DHR
$164B
| $2.1M | 0.8% |
10,999
+1,295
| +13% | +$230K |
2019 Q4
3 quarters
|
|
22
Bank of America
BAC
$352B
| $2.02M | 0.77% |
83,704
+24,150
| +41% | +$601K |
2019 Q4
3 quarters
|
|
23
McDonald's
MCD
$192B
| $1.9M | 0.72% |
8,633
+724
| +9% | +$149K |
2019 Q4
3 quarters
|
|
24
Intel
INTC
$317B
| $1.89M | 0.72% |
36,427
+14,724
| +68% | +$765K |
2019 Q4
3 quarters
|
|
25
Amgen
AMGN
$252B
| $1.86M | 0.71% |
7,309
+2,098
| +40% | +$520K |
2019 Q4
3 quarters
|
|
Similar funds
Ethic Inc's Q3 2020 Portfolio in Review
As of Q3 2020, Ethic Inc held 362 positions worth $262M, up 49% from $176M the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Ethic Inc deployed $69.9M of net new capital in Q3 2020, opening 87 new positions and adding to 212 existing holdings. Its largest new stake was Equinix: 785 shares worth $597K.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 27% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Becton Dickinson, an estimated $402K trimmed.
- Ethic Inc's largest Q3 2020 buy was Equinix: 785 shares worth $597K.
- Ethic Inc added most to Apple in Q3 2020, an estimated $3.59M increase.
- Ethic Inc's biggest Q3 2020 reduction was Becton Dickinson, cutting an estimated $402K.
- Ethic Inc fully exited Loews in Q3 2020, selling an estimated $461K.
- Ethic Inc's ten largest holdings make up 27% of its $262M portfolio in Q3 2020.
- Ethic Inc opened 87 new positions and closed 19 in Q3 2020.
- Ethic Inc's portfolio value rose 49% quarter-over-quarter to $262M.
Based on Ethic Inc's 13F filing for Q3 2020, filed 27 Oct 2020.