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
|
+$11.8M |
| 2 |
Microsoft
MSFT
|
+$6.76M |
| 3 |
Eli Lilly
LLY
|
+$6.39M |
| 4 |
Visa
V
|
+$6.26M |
| 5 |
PepsiCo
PEP
|
+$3.85M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
S&P Global
SPGI
|
+$3.52M |
| 2 |
Amgen
AMGN
|
+$3.07M |
| 3 |
Caterpillar
CAT
|
+$2.05M |
| 4 |
Edison International
EIX
|
+$1.94M |
| 5 |
Helmerich & Payne
HP
|
+$1.58M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.81% |
| 2 | Healthcare | 15.2% |
| 3 | Financials | 14.91% |
| 4 | Communication Services | 9.2% |
| 5 | Consumer Discretionary | 8.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$5.02T
| $80.9M | 5.64% |
591,518
+77,969
| +15% | +$11.8M |
2019 Q4
10 quarters
|
|
|
2
Microsoft
MSFT
$3.94T
| $62M | 4.32% |
241,422
+24,892
| +11% | +$6.76M |
2019 Q4
10 quarters
|
|
3
Alphabet (Google) Class A
GOOGL
$3.97T
| $28.8M | 2.01% |
264,680
+31,540
| +14% | +$3.71M |
2019 Q4
10 quarters
|
|
4
Amazon
AMZN
$2.75T
| $25.9M | 1.81% |
244,307
+26,487
| +12% | +$3.31M |
2019 Q4
10 quarters
|
|
5
UnitedHealth
UNH
$365B
| $21.4M | 1.49% |
41,583
+4,950
| +14% | +$2.49M |
2019 Q4
10 quarters
|
|
6
Alphabet (Google) Class C
GOOG
$3.94T
| $21.1M | 1.47% |
192,800
+22,500
| +13% | +$2.66M |
2019 Q4
10 quarters
|
|
|
7
PepsiCo
PEP
$181B
| $15.1M | 1.05% |
90,441
+22,856
| +34% | +$3.85M |
2019 Q4
10 quarters
|
|
8
NVIDIA
NVDA
$5.2T
| $14.6M | 1.02% |
963,090
+125,540
| +15% | +$2.37M |
2019 Q4
10 quarters
|
|
|
9
Visa
V
$749B
| $13.2M | 0.92% |
67,134
+30,314
| +82% | +$6.26M |
2019 Q4
10 quarters
|
|
10
Merck
MRK
$350B
| $13M | 0.9% |
142,200
+22,580
| +19% | +$2M |
2019 Q4
10 quarters
|
|
11
Thermo Fisher Scientific
TMO
$260B
| $12.2M | 0.85% |
22,503
+3,876
| +21% | +$2.13M |
2019 Q4
10 quarters
|
|
|
12
Eli Lilly
LLY
$1.15T
| $12.1M | 0.84% |
37,189
+21,275
| +134% | +$6.39M |
2019 Q4
10 quarters
|
|
13
Verizon
VZ
$179B
| $12M | 0.84% |
236,170
+23,593
| +11% | +$1.19M |
2019 Q4
10 quarters
|
|
14
Home Depot
HD
$317B
| $11.7M | 0.82% |
42,798
+4,411
| +11% | +$1.3M |
2019 Q4
10 quarters
|
|
15
Accenture
ACN
$149B
| $10.3M | 0.72% |
37,221
+5,438
| +17% | +$1.63M |
2019 Q4
10 quarters
|
|
16
Abbott
ABT
$178B
| $10.2M | 0.71% |
93,961
+18,187
| +24% | +$2.07M |
2019 Q4
10 quarters
|
|
17
AT&T
T
$139B
| $9.6M | 0.67% |
456,486
+16,723
| +4% | +$333K |
2019 Q4
10 quarters
|
|
18
Broadcom
AVGO
$1.68T
| $8.76M | 0.61% |
180,340
+29,650
| +20% | +$1.66M |
2019 Q4
10 quarters
|
|
19
Danaher
DHR
$165B
| $8.12M | 0.57% |
36,125
+6,331
| +21% | +$1.46M |
2019 Q4
10 quarters
|
|
20
Adobe
ADBE
$97.2B
| $8.06M | 0.56% |
22,031
+1,510
| +7% | +$615K |
2019 Q4
10 quarters
|
|
21
Marsh
MRSH
$91.4B
| $7.87M | 0.55% |
50,717
+11,287
| +29% | +$1.81M |
2019 Q4
10 quarters
|
|
22
Mondelez International
MDLZ
$79B
| $7.86M | 0.55% |
126,635
+20,070
| +19% | +$1.27M |
2019 Q4
10 quarters
|
|
23
IBM
IBM
$239B
| $7.83M | 0.55% |
55,442
+10,298
| +23% | +$1.39M |
2019 Q4
10 quarters
|
|
24
Comcast
CMCSA
$76.6B
| $7.63M | 0.53% |
194,455
+18,888
| +11% | +$810K |
2019 Q4
10 quarters
|
|
25
AbbVie
ABBV
$505B
| $7.45M | 0.52% |
48,635
+16,766
| +53% | +$2.56M |
2019 Q4
10 quarters
|
|
Similar funds
Ethic Inc's Q2 2022 Portfolio in Review
As of Q2 2022, Ethic Inc held 818 positions worth $1.43B, down 0.97% from $1.45B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Ethic Inc deployed $234M of net new capital in Q2 2022, opening 77 new positions and adding to 507 existing holdings. Its largest new stake was Constellation Energy: 47,258 shares worth $2.71M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 28% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was S&P Global, an estimated $3.52M trimmed.
- Ethic Inc's largest Q2 2022 buy was Constellation Energy: 47,258 shares worth $2.71M.
- Ethic Inc added most to Apple in Q2 2022, an estimated $11.8M increase.
- Ethic Inc's biggest Q2 2022 reduction was S&P Global, cutting an estimated $3.52M.
- Ethic Inc fully exited Vanguard Total International Stock ETF in Q2 2022, selling an estimated $1.14M.
- Ethic Inc's ten largest holdings make up 21% of its $1.43B portfolio in Q2 2022.
- Ethic Inc opened 77 new positions and closed 64 in Q2 2022.
- Ethic Inc's portfolio value fell 0.97% quarter-over-quarter to $1.43B.
Based on Ethic Inc's 13F filing for Q2 2022, filed 10 Aug 2022.