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
|
+$8.08M |
| 2 |
Microsoft
MSFT
|
+$6.94M |
| 3 |
Amazon
AMZN
|
+$6M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$3.73M |
| 5 |
AT&T
T
|
+$2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$1.22M |
| 2 |
Johnson & Johnson
JNJ
|
+$850K |
| 3 |
Bristol-Myers Squibb
BMY
|
+$531K |
| 4 |
Skyworks Solutions
SWKS
|
+$500K |
| 5 |
GSK
GSK
|
+$471K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.44% |
| 2 | Financials | 16.22% |
| 3 | Healthcare | 13.41% |
| 4 | Consumer Discretionary | 11.14% |
| 5 | Communication Services | 10.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$5.18T
| $30.9M | 5.51% |
252,875
+62,949
| +33% | +$8.08M |
2019 Q4
5 quarters
|
|
|
2
Microsoft
MSFT
$3.89T
| $26.3M | 4.69% |
111,668
+29,895
| +37% | +$6.94M |
2019 Q4
5 quarters
|
|
|
3
Amazon
AMZN
$2.88T
| $19.5M | 3.48% |
126,040
+37,860
| +43% | +$6M |
2019 Q4
5 quarters
|
|
|
4
Alphabet (Google) Class A
GOOGL
$3.64T
| $13.9M | 2.48% |
134,680
+37,820
| +39% | +$3.73M |
2019 Q4
5 quarters
|
|
5
UnitedHealth
UNH
$365B
| $6.44M | 1.15% |
17,323
+5,050
| +41% | +$1.75M |
2019 Q4
5 quarters
|
|
6
Alphabet (Google) Class C
GOOG
$3.6T
| $6.17M | 1.1% |
59,640
+15,600
| +35% | +$1.55M |
2019 Q4
5 quarters
|
|
7
Home Depot
HD
$348B
| $5.72M | 1.02% |
18,746
+5,814
| +45% | +$1.6M |
2019 Q4
5 quarters
|
|
8
Visa
V
$794B
| $5.45M | 0.97% |
25,743
+3,239
| +14% | +$682K |
2019 Q4
5 quarters
|
|
9
JPMorgan Chase
JPM
$919B
| $5.41M | 0.96% |
35,523
+2,688
| +8% | +$387K |
2019 Q4
5 quarters
|
|
10
NVIDIA
NVDA
$3.93T
| $5.29M | 0.94% |
396,240
+118,120
| +42% | +$1.59M |
2019 Q4
5 quarters
|
|
11
Comcast
CMCSA
$89.3B
| $5.23M | 0.93% |
96,685
+31,978
| +49% | +$1.69M |
2019 Q4
5 quarters
|
|
12
Mastercard
MA
$576B
| $5.23M | 0.93% |
14,689
+4,119
| +39% | +$1.44M |
2019 Q4
5 quarters
|
|
13
Meta Platforms (Facebook)
META
$1.64T
| $5.2M | 0.93% |
17,639
+905
| +5% | +$244K |
2019 Q4
5 quarters
|
|
14
Adobe
ADBE
$94.6B
| $5.04M | 0.9% |
10,593
+2,410
| +29% | +$1.13M |
2019 Q4
5 quarters
|
|
15
PayPal
PYPL
$49.2B
| $5.02M | 0.89% |
20,673
+5,608
| +37% | +$1.42M |
2019 Q4
5 quarters
|
|
16
Verizon
VZ
$192B
| $4.74M | 0.85% |
81,551
+17,495
| +27% | +$987K |
2019 Q4
5 quarters
|
|
17
Intel
INTC
$317B
| $4.44M | 0.79% |
69,389
+29,989
| +76% | +$1.79M |
2019 Q4
5 quarters
|
|
|
18
AT&T
T
$149B
| $4.4M | 0.78% |
192,557
+90,447
| +89% | +$2M |
2019 Q4
5 quarters
|
|
19
Danaher
DHR
$164B
| $4.17M | 0.74% |
20,898
+7,885
| +61% | +$1.6M |
2019 Q4
5 quarters
|
|
20
Bank of America
BAC
$352B
| $4.15M | 0.74% |
107,294
+2,434
| +2% | +$84K |
2019 Q4
5 quarters
|
|
21
Merck
MRK
$364B
| $4.14M | 0.74% |
56,302
+11,047
| +24% | +$815K |
2019 Q4
5 quarters
|
|
22
Cisco
CSCO
$377B
| $4.02M | 0.72% |
77,642
+25,297
| +48% | +$1.19M |
2019 Q4
5 quarters
|
|
23
Accenture
ACN
$148B
| $3.96M | 0.71% |
14,354
+4,165
| +41% | +$1.08M |
2019 Q4
5 quarters
|
|
24
Thermo Fisher Scientific
TMO
$259B
| $3.87M | 0.69% |
8,479
+3,122
| +58% | +$1.49M |
2019 Q4
5 quarters
|
|
25
Broadcom
AVGO
$1.66T
| $3.82M | 0.68% |
82,280
+27,220
| +49% | +$1.26M |
2019 Q4
5 quarters
|
|
Similar funds
Ethic Inc's Q1 2021 Portfolio in Review
As of Q1 2021, Ethic Inc held 505 positions worth $561M, up 48% from $378M the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ethic Inc deployed $159M of net new capital in Q1 2021, opening 89 new positions and adding to 340 existing holdings. Its largest new stake was Avangrid, Inc.: 10,626 shares worth $529K.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 28% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Procter & Gamble, an estimated $1.22M trimmed.
- Ethic Inc's largest Q1 2021 buy was Avangrid, Inc.: 10,626 shares worth $529K.
- Ethic Inc added most to Apple in Q1 2021, an estimated $8.08M increase.
- Ethic Inc's biggest Q1 2021 reduction was Procter & Gamble, cutting an estimated $1.22M.
- Ethic Inc fully exited Skyworks Solutions in Q1 2021, selling an estimated $500K.
- Ethic Inc's ten largest holdings make up 22% of its $561M portfolio in Q1 2021.
- Ethic Inc opened 89 new positions and closed 19 in Q1 2021.
- Ethic Inc's portfolio value rose 48% quarter-over-quarter to $561M.
Based on Ethic Inc's 13F filing for Q1 2021, filed 13 May 2021.