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
|
+$5.52M |
| 2 |
S&P Global
SPGI
|
+$4.89M |
| 3 |
Amazon
AMZN
|
+$4.6M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$3.85M |
| 5 |
Novartis
NVS
|
+$3.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$6.38M |
| 2 |
IHS Markit Ltd. Common Shares
INFO
|
+$4.46M |
| 3 |
Tesla
TSLA
|
+$3.41M |
| 4 |
United Parcel Service
UPS
|
+$2.65M |
| 5 |
Eli Lilly
LLY
|
+$2.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.36% |
| 2 | Financials | 15.09% |
| 3 | Healthcare | 13.63% |
| 4 | Communication Services | 9.61% |
| 5 | Consumer Discretionary | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$5.1T
| $89.7M | 6.19% |
513,549
+32,849
| +7% | +$5.52M |
2019 Q4
9 quarters
|
|
|
2
Microsoft
MSFT
$4.07T
| $66.8M | 4.61% |
216,530
-21,220
| -9% | -$6.38M |
2019 Q4
9 quarters
|
|
|
3
Amazon
AMZN
$2.91T
| $35.5M | 2.45% |
217,820
+29,800
| +16% | +$4.6M |
2019 Q4
9 quarters
|
|
4
Alphabet (Google) Class A
GOOGL
$3.56T
| $32.4M | 2.24% |
233,140
+21,100
| +10% | +$2.87M |
2019 Q4
9 quarters
|
|
|
5
Alphabet (Google) Class C
GOOG
$3.54T
| $23.8M | 1.64% |
170,300
+28,300
| +20% | +$3.85M |
2019 Q4
9 quarters
|
|
6
NVIDIA
NVDA
$4.3T
| $22.9M | 1.58% |
837,550
+34,510
| +4% | +$866K |
2019 Q4
9 quarters
|
|
7
UnitedHealth
UNH
$356B
| $18.7M | 1.29% |
36,633
+4,868
| +15% | +$2.35M |
2019 Q4
9 quarters
|
|
8
Home Depot
HD
$355B
| $11.5M | 0.79% |
38,387
+3,679
| +11% | +$1.28M |
2019 Q4
9 quarters
|
|
9
PepsiCo
PEP
$194B
| $11.3M | 0.78% |
67,585
+11,957
| +21% | +$2.01M |
2019 Q4
9 quarters
|
|
10
Thermo Fisher Scientific
TMO
$267B
| $11M | 0.76% |
18,627
+1,875
| +11% | +$1.08M |
2019 Q4
9 quarters
|
|
11
Verizon
VZ
$191B
| $10.8M | 0.75% |
212,577
+57,662
| +37% | +$3.05M |
2019 Q4
9 quarters
|
|
12
Accenture
ACN
$150B
| $10.7M | 0.74% |
31,783
+5,229
| +20% | +$1.76M |
2019 Q4
9 quarters
|
|
|
13
S&P Global
SPGI
$137B
| $10.5M | 0.72% |
25,589
+12,004
| +88% | +$4.89M |
2019 Q4
9 quarters
|
|
14
Merck
MRK
$365B
| $9.8M | 0.68% |
119,620
+18,534
| +18% | +$1.46M |
2019 Q4
9 quarters
|
|
15
Broadcom
AVGO
$1.54T
| $9.49M | 0.65% |
150,690
+8,610
| +6% | +$511K |
2019 Q4
9 quarters
|
|
16
Adobe
ADBE
$92.3B
| $9.35M | 0.65% |
20,521
+2,307
| +13% | +$1.11M |
2019 Q4
9 quarters
|
|
17
Cisco
CSCO
$391B
| $9M | 0.62% |
161,342
+25,343
| +19% | +$1.43M |
2019 Q4
9 quarters
|
|
18
Abbott
ABT
$191B
| $8.97M | 0.62% |
75,774
+21,187
| +39% | +$2.63M |
2019 Q4
9 quarters
|
|
19
Amgen
AMGN
$252B
| $8.93M | 0.62% |
36,938
+8,848
| +31% | +$2.03M |
2019 Q4
9 quarters
|
|
20
Comcast
CMCSA
$86.9B
| $8.22M | 0.57% |
175,567
+27,537
| +19% | +$1.33M |
2019 Q4
9 quarters
|
|
21
Visa
V
$790B
| $8.17M | 0.56% |
36,820
+5,290
| +17% | +$1.14M |
2019 Q4
9 quarters
|
|
22
Walt Disney
DIS
$206B
| $8.06M | 0.56% |
58,748
+7,638
| +15% | +$1.1M |
2019 Q4
9 quarters
|
|
23
Salesforce
CRM
$177B
| $7.94M | 0.55% |
37,400
+5,936
| +19% | +$1.28M |
2019 Q4
9 quarters
|
|
24
AT&T
T
$146B
| $7.85M | 0.54% |
439,763
+79,704
| +22% | +$1.47M |
2019 Q4
9 quarters
|
|
25
Danaher
DHR
$166B
| $7.75M | 0.53% |
29,794
-43
| -0.1% | -$10.8K |
2019 Q4
9 quarters
|
|
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Ethic Inc's Q1 2022 Portfolio in Review
As of Q1 2022, Ethic Inc held 790 positions worth $1.45B, up 12% from $1.3B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Ethic Inc deployed $237M of net new capital in Q1 2022, opening 127 new positions and adding to 500 existing holdings. Its largest new stake was AutoZone: 843 shares worth $1.72M.
By sector, the portfolio is most concentrated in Technology at 28% of assets, down from 31% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Microsoft, an estimated $6.38M trimmed.
- Ethic Inc's largest Q1 2022 buy was AutoZone: 843 shares worth $1.72M.
- Ethic Inc added most to Apple in Q1 2022, an estimated $5.52M increase.
- Ethic Inc's biggest Q1 2022 reduction was Microsoft, cutting an estimated $6.38M.
- Ethic Inc fully exited IHS Markit Ltd. Common Shares in Q1 2022, selling an estimated $4.46M.
- Ethic Inc's ten largest holdings make up 22% of its $1.45B portfolio in Q1 2022.
- Ethic Inc opened 127 new positions and closed 49 in Q1 2022.
- Ethic Inc's portfolio value rose 12% quarter-over-quarter to $1.45B.
Based on Ethic Inc's 13F filing for Q1 2022, filed 16 May 2022.