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Financial Advantage Portfolio holdings

AUM $65.2M Turnover 8.33%
1-Year Est. Return 14.55%
This Fund
S&P 500
This Quarter Est. Return
-2.22%
1 Year Est. Return
+14.55%
3 Year Est. Return
+24.33%
5 Year Est. Return
+44.26%
10 Year Est. Return
+126.02%
AUM
$65.2M
AUM Growth
-$46.7M
Cap. Flow
-$45.1M
Cap. Flow %
-69.24%
Top 10 Hldgs %
57.68%
Holding
36
New
–
Increased
–
Reduced
28
Closed
3
Avg Time Held
6.1 years
Top 10 Avg Time Held
4.2 years
Top 20 Avg Time Held
4.3 years

Top Buys

No buys this quarter

Top Sells

Rank Stock Value
1
GLD icon
SPDR Gold Trust
GLD
+$4.48M
2
IGV icon
iShares Expanded Tech-Software Sector ETF
IGV
+$4.22M
3
GOOG icon
Alphabet (Google) Class C
GOOG
+$3.16M
4
TJX icon
TJX Companies
TJX
+$2.16M
5
BKNG icon
Booking.com
BKNG
+$2.09M

Sector Composition

Rank Sector Weight
1 Miscellaneous 24.45%
2 Communication Services 15.59%
3 Financials 12.32%
4 Consumer Discretionary 10.16%
5 Industrials 9.78%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
GLD icon
1
SPDR Gold Trust
GLD
$140B
$6.45M 9.9%
37,630
-25,051
-40% -$4.48M
2013 Q2
41 quarters
IGV icon
2
iShares Expanded Tech-Software Sector ETF
IGV
$14.8B
$6.31M 9.68%
92,425
-60,230
-39% -$4.22M
2013 Q2
41 quarters
GOOG icon
3
Alphabet (Google) Class C
GOOG
$4.1T
$4.84M 7.43%
36,705
-24,328
-40% -$3.16M
2016 Q1
30 quarters
TJX icon
4
TJX Companies
TJX
$162B
$3.32M 5.1%
37,385
-24,489
-40% -$2.16M
2013 Q2
41 quarters
BKNG icon
5
Booking.com
BKNG
$123B
$3.29M 5.06%
26,700
-17,275
-39% -$2.09M
2021 Q1
10 quarters
BMY icon
6
Bristol-Myers Squibb
BMY
$126B
$2.96M 4.55%
51,049
-33,181
-39% -$2.03M
2019 Q1
18 quarters
CSCO icon
7
Cisco
CSCO
$420B
$2.76M 4.23%
51,279
-33,509
-40% -$1.81M
2013 Q2
41 quarters
DIS icon
8
Walt Disney
DIS
$192B
$2.76M 4.23%
33,996
-22,347
-40% -$1.91M
2018 Q4
19 quarters
FNB icon
9
FNB Corp
FNB
$6.25B
$2.6M 3.99%
240,819
-155,674
-39% -$1.83M
2015 Q1
34 quarters
ACGL icon
10
Arch Capital
ACGL
$34.3B
$2.29M 3.52%
28,748
-18,817
-40% -$1.46M
2018 Q2
21 quarters
KMI icon
11
Kinder Morgan
KMI
$74.6B
$2.25M 3.45%
135,570
-89,166
-40% -$1.54M
2014 Q4
35 quarters
GPN icon
12
Global Payments
GPN
$22.5B
$1.87M 2.86%
16,170
-10,470
-39% -$1.25M
2022 Q2
5 quarters
SO icon
13
Southern Company
SO
$105B
$1.83M 2.8%
28,205
-19,896
-41% -$1.38M
2013 Q2
41 quarters
UNP icon
14
Union Pacific
UNP
$171B
$1.79M 2.75%
8,785
-5,592
-39% -$1.22M
2015 Q3
32 quarters
RTX icon
15
RTX Corp
RTX
$260B
$1.75M 2.69%
24,327
-15,846
-39% -$1.36M
2021 Q1
10 quarters
SJM icon
16
J.M. Smucker
SJM
$13.8B
$1.73M 2.66%
14,112
-9,350
-40% -$1.33M
2017 Q2
25 quarters
MDT icon
17
Medtronic
MDT
$120B
$1.71M 2.63%
21,831
-13,964
-39% -$1.17M
2022 Q4
3 quarters
XBI icon
18
State Street SPDR S&P Biotech ETF
XBI
$10.6B
$1.66M 2.55%
22,737
-14,427
-39% -$1.15M
2013 Q2
41 quarters
USB icon
19
US Bancorp
USB
$92B
$1.58M 2.42%
47,675
-30,756
-39% -$1.12M
2020 Q1
14 quarters
FOXA icon
20
Fox Class A
FOXA
$28.1B
$1.57M 2.4%
50,199
-34,364
-41% -$1.13M
2022 Q4
3 quarters
DGX icon
21
Quest Diagnostics
DGX
$26.1B
$1.56M 2.39%
12,800
-8,696
-40% -$1.16M
2013 Q4
39 quarters
ARCC icon
22
Ares Capital
ARCC
$13.3B
$1.56M 2.39%
80,023
-52,894
-40% -$1.03M
2015 Q2
33 quarters
SYY icon
23
Sysco
SYY
$40.7B
$1.53M 2.35%
23,160
-14,965
-39% -$1.08M
2020 Q1
14 quarters
REG icon
24
Regency Centers
REG
$13.4B
$1.23M 1.89%
20,753
-14,239
-41% -$899K
2019 Q4
15 quarters
T icon
25
AT&T
T
$160B
$998K 1.53%
66,447
-40,510
-38% -$594K
2018 Q4
19 quarters
1
2

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Financial Advantage's Q3 2023 Portfolio in Review

As of Q3 2023, Financial Advantage held 36 positions worth $65.2M, down 42% from $112M the previous quarter. Its ten largest holdings account for 58% of the portfolio.

Financial Advantage withdrew a net $45.1M in Q3 2023, closing 3 positions and reducing 28 holdings. Its most notable exit was Apple, an estimated $834K position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 24% of assets, up from 24% a quarter earlier, followed by Communication Services and Financials.

  • Financial Advantage's biggest Q3 2023 reduction was SPDR Gold Trust, cutting an estimated $4.48M.
  • Financial Advantage fully exited Apple in Q3 2023, selling an estimated $834K.
  • Financial Advantage's ten largest holdings make up 58% of its $65.2M portfolio in Q3 2023.
  • Financial Advantage opened 0 new positions and closed 3 in Q3 2023.
  • Financial Advantage's portfolio value fell 42% quarter-over-quarter to $65.2M.

Based on Financial Advantage's 13F filing for Q3 2023, filed 7 Nov 2023.