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 |
AT&T
T
|
+$8.94M |
| 2 |
Microsoft
MSFT
|
+$8.47M |
| 3 |
Intel
INTC
|
+$6.77M |
| 4 |
Cisco
CSCO
|
+$5.77M |
| 5 |
IBM
IBM
|
+$5.45M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$4.01M |
| 2 |
Danaher
DHR
|
+$3.63M |
| 3 |
Ecolab
ECL
|
+$3.04M |
| 4 |
Public Storage
PSA
|
+$2.63M |
| 5 |
Texas Instruments
TXN
|
+$2.42M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.71% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 15.37% |
| 4 | Industrials | 8.94% |
| 5 | Consumer Discretionary | 8.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$5.04T
| $80.2M | 4.33% |
617,465
-28,041
| -4% | -$4.01M |
2019 Q4
12 quarters
|
|
|
2
Microsoft
MSFT
$3.97T
| $69.4M | 3.75% |
289,297
+35,297
| +14% | +$8.47M |
2019 Q4
12 quarters
|
|
3
Alphabet (Google) Class A
GOOGL
$3.49T
| $26.2M | 1.42% |
297,061
+26,177
| +10% | +$2.49M |
2019 Q4
12 quarters
|
|
4
UnitedHealth
UNH
$355B
| $24.1M | 1.3% |
45,414
+1,114
| +3% | +$590K |
2019 Q4
12 quarters
|
|
5
Amazon
AMZN
$2.8T
| $21.9M | 1.18% |
260,170
-15,403
| -6% | -$1.52M |
2019 Q4
12 quarters
|
|
6
Alphabet (Google) Class C
GOOG
$3.48T
| $19.6M | 1.06% |
221,226
+7,380
| +3% | +$704K |
2019 Q4
12 quarters
|
|
7
Merck
MRK
$363B
| $18.9M | 1.02% |
170,041
+10,374
| +6% | +$1.06M |
2019 Q4
12 quarters
|
|
8
Eli Lilly
LLY
$1.22T
| $18M | 0.97% |
49,078
+6,023
| +14% | +$2.14M |
2019 Q4
12 quarters
|
|
9
Halliburton
HAL
$26.6B
| $17.9M | 0.97% |
454,774
+106,199
| +30% | +$3.76M |
2021 Q3
5 quarters
|
|
|
10
AT&T
T
$146B
| $17.4M | 0.94% |
944,061
+499,415
| +112% | +$8.94M |
2019 Q4
12 quarters
|
|
11
NVIDIA
NVDA
$4.4T
| $16.2M | 0.88% |
1,109,460
+152,970
| +16% | +$2.24M |
2019 Q4
12 quarters
|
|
12
Visa
V
$791B
| $16.1M | 0.87% |
77,691
+10,422
| +15% | +$2.1M |
2019 Q4
12 quarters
|
|
|
13
Cisco
CSCO
$378B
| $16.1M | 0.87% |
338,070
+126,815
| +60% | +$5.77M |
2019 Q4
12 quarters
|
|
14
Home Depot
HD
$350B
| $15.2M | 0.82% |
48,243
+2,900
| +6% | +$883K |
2019 Q4
12 quarters
|
|
|
15
IBM
IBM
$234B
| $13.5M | 0.73% |
96,162
+39,492
| +70% | +$5.45M |
2019 Q4
12 quarters
|
|
16
Thermo Fisher Scientific
TMO
$252B
| $13.5M | 0.73% |
24,570
+394
| +2% | +$209K |
2019 Q4
12 quarters
|
|
17
Mastercard
MA
$570B
| $13M | 0.7% |
37,509
+12,521
| +50% | +$4.12M |
2019 Q4
12 quarters
|
|
18
PepsiCo
PEP
$195B
| $12.2M | 0.66% |
67,622
+6,501
| +11% | +$1.16M |
2019 Q4
12 quarters
|
|
19
Goldman Sachs
GS
$253B
| $12.2M | 0.66% |
35,475
+7,200
| +25% | +$2.51M |
2019 Q4
12 quarters
|
|
|
20
Intel
INTC
$285B
| $11.6M | 0.62% |
437,432
+243,792
| +126% | +$6.77M |
2019 Q4
12 quarters
|
|
21
Abbott
ABT
$196B
| $11.4M | 0.62% |
103,706
+1,758
| +2% | +$182K |
2019 Q4
12 quarters
|
|
22
Pfizer
PFE
$171B
| $11M | 0.6% |
215,008
+94,214
| +78% | +$4.52M |
2020 Q2
10 quarters
|
|
23
Broadcom
AVGO
$1.4T
| $10.8M | 0.58% |
193,510
+1,630
| +0.8% | +$81.7K |
2019 Q4
12 quarters
|
|
24
Accenture
ACN
$163B
| $10.8M | 0.58% |
40,387
+2,411
| +6% | +$667K |
2019 Q4
12 quarters
|
|
25
Verizon
VZ
$191B
| $10.6M | 0.57% |
269,258
+23,728
| +10% | +$894K |
2019 Q4
12 quarters
|
|
Similar funds
Ethic Inc's Q4 2022 Portfolio in Review
As of Q4 2022, Ethic Inc held 948 positions worth $1.85B, up 26% from $1.47B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Ethic Inc deployed $242M of net new capital in Q4 2022, opening 151 new positions and adding to 530 existing holdings. Its largest new stake was Targa Resources: 21,140 shares worth $1.55M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 26% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was Apple, an estimated $4.01M trimmed.
- Ethic Inc's largest Q4 2022 buy was Targa Resources: 21,140 shares worth $1.55M.
- Ethic Inc added most to AT&T in Q4 2022, an estimated $8.94M increase.
- Ethic Inc's biggest Q4 2022 reduction was Apple, cutting an estimated $4.01M.
- Ethic Inc fully exited Twitter, Inc. in Q4 2022, selling an estimated $2.41M.
- Ethic Inc's ten largest holdings make up 17% of its $1.85B portfolio in Q4 2022.
- Ethic Inc opened 151 new positions and closed 46 in Q4 2022.
- Ethic Inc's portfolio value rose 26% quarter-over-quarter to $1.85B.
Based on Ethic Inc's 13F filing for Q4 2022, filed 14 Feb 2023.