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 |
NVIDIA
NVDA
|
+$269M |
| 2 |
Apple
AAPL
|
+$58M |
| 3 |
Broadcom
AVGO
|
+$54.2M |
| 4 |
Microsoft
MSFT
|
+$38.5M |
| 5 |
Meta Platforms (Facebook)
META
|
+$20.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Target
TGT
|
+$5.71M |
| 2 |
HCA Healthcare
HCA
|
+$4.73M |
| 3 |
Kimberly-Clark
KMB
|
+$4.51M |
| 4 |
Avangrid, Inc.
AGR
|
+$3.96M |
| 5 |
SiriusXM
SIRI
|
+$3.68M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.71% |
| 2 | Financials | 14.9% |
| 3 | Healthcare | 10.55% |
| 4 | Consumer Discretionary | 10.06% |
| 5 | Communication Services | 9.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$5.14T
| $316M | 6.38% |
1,262,098
+246,256
| +24% | +$58M |
2019 Q4
20 quarters
|
|
|
2
NVIDIA
NVDA
$4.18T
| $286M | 5.76% |
2,126,450
+1,951,433
| +1,115% | +$269M |
2019 Q4
20 quarters
|
|
|
3
Microsoft
MSFT
$3.92T
| $253M | 5.11% |
600,951
+90,450
| +18% | +$38.5M |
2019 Q4
20 quarters
|
|
4
Amazon
AMZN
$2.9T
| $145M | 2.92% |
658,824
+87,390
| +15% | +$17.9M |
2019 Q4
20 quarters
|
|
5
Alphabet (Google) Class A
GOOGL
$3.58T
| $112M | 2.26% |
592,326
+76,452
| +15% | +$13.4M |
2019 Q4
20 quarters
|
|
6
Alphabet (Google) Class C
GOOG
$3.54T
| $79.3M | 1.6% |
416,362
+56,953
| +16% | +$10.1M |
2019 Q4
20 quarters
|
|
|
7
Meta Platforms (Facebook)
META
$1.64T
| $78.4M | 1.58% |
133,866
+34,367
| +35% | +$20.2M |
2019 Q4
20 quarters
|
|
|
8
Broadcom
AVGO
$1.68T
| $74M | 1.49% |
319,030
+293,272
| +1,139% | +$54.2M |
2019 Q4
20 quarters
|
|
9
Eli Lilly
LLY
$1.26T
| $58.8M | 1.19% |
76,146
+6,379
| +9% | +$5.28M |
2019 Q4
20 quarters
|
|
10
Tesla
TSLA
$1.55T
| $58.6M | 1.18% |
145,072
+48,815
| +51% | +$15.7M |
2020 Q2
18 quarters
|
|
11
Visa
V
$787B
| $49.7M | 1% |
157,367
+20,323
| +15% | +$6.11M |
2019 Q4
20 quarters
|
|
12
Mastercard
MA
$573B
| $45.3M | 0.91% |
86,034
+11,848
| +16% | +$6.13M |
2019 Q4
20 quarters
|
|
13
UnitedHealth
UNH
$356B
| $43.4M | 0.88% |
85,739
+8,716
| +11% | +$4.95M |
2019 Q4
20 quarters
|
|
14
Home Depot
HD
$346B
| $36.8M | 0.74% |
94,580
+13,542
| +17% | +$5.53M |
2019 Q4
20 quarters
|
|
15
Salesforce
CRM
$177B
| $33.3M | 0.67% |
99,504
+15,921
| +19% | +$5.08M |
2019 Q4
20 quarters
|
|
16
Netflix
NFLX
$260B
| $31.2M | 0.63% |
349,980
-17,650
| -5% | -$1.45M |
2019 Q4
20 quarters
|
|
17
Oracle
ORCL
$391B
| $30M | 0.61% |
180,160
+20,106
| +13% | +$3.57M |
2019 Q4
20 quarters
|
|
18
Merck
MRK
$361B
| $28.6M | 0.58% |
287,113
+25,372
| +10% | +$2.62M |
2019 Q4
20 quarters
|
|
19
ServiceNow
NOW
$105B
| $27.3M | 0.55% |
128,735
+23,100
| +22% | +$4.68M |
2020 Q1
19 quarters
|
|
20
IBM
IBM
$231B
| $27.1M | 0.55% |
123,338
+9,256
| +8% | +$2.06M |
2019 Q4
20 quarters
|
|
21
Goldman Sachs
GS
$266B
| $26.9M | 0.54% |
46,943
+5,013
| +12% | +$2.8M |
2019 Q4
20 quarters
|
|
22
Cisco
CSCO
$397B
| $25.6M | 0.52% |
431,762
+6,122
| +1% | +$350K |
2019 Q4
20 quarters
|
|
23
Accenture
ACN
$150B
| $24.6M | 0.5% |
70,064
+6,358
| +10% | +$2.29M |
2019 Q4
20 quarters
|
|
24
S&P Global
SPGI
$137B
| $24.5M | 0.5% |
49,289
+5,258
| +12% | +$2.67M |
2019 Q4
20 quarters
|
|
25
Booking.com
BKNG
$117B
| $23.6M | 0.48% |
118,775
+16,250
| +16% | +$3.12M |
2019 Q4
20 quarters
|
|
Similar funds
Ethic Inc's Q4 2024 Portfolio in Review
As of Q4 2024, Ethic Inc held 1,252 positions worth $4.96B, up 25% from $3.96B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
Ethic Inc deployed $932M of net new capital in Q4 2024, opening 171 new positions and adding to 617 existing holdings. Its largest new stake was GE Vernova: 13,987 shares worth $4.6M.
By sector, the portfolio is most concentrated in Technology at 34% of assets, up from 31% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Target, an estimated $5.71M trimmed.
- Ethic Inc's largest Q4 2024 buy was GE Vernova: 13,987 shares worth $4.6M.
- Ethic Inc added most to NVIDIA in Q4 2024, an estimated $269M increase.
- Ethic Inc's biggest Q4 2024 reduction was Target, cutting an estimated $5.71M.
- Ethic Inc fully exited Avangrid, Inc. in Q4 2024, selling an estimated $3.96M.
- Ethic Inc's ten largest holdings make up 29% of its $4.96B portfolio in Q4 2024.
- Ethic Inc opened 171 new positions and closed 109 in Q4 2024.
- Ethic Inc's portfolio value rose 25% quarter-over-quarter to $4.96B.
Based on Ethic Inc's 13F filing for Q4 2024, filed 14 Feb 2025.