Financial Connections Group Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dimensional US Core Equity Market ETF
DFAU
|
+$5.5M |
| 2 |
iShares ESG Advanced MSCI USA ETF
USXF
|
+$1.65M |
| 3 |
PIMCO Multi Sector Bond Active ETF
PYLD
|
+$413K |
| 4 |
Dimensional World ex US Core Equity 2 ETF
DFAX
|
+$393K |
| 5 |
iShares ESG Aware MSCI USA Small-Cap ETF
ESML
|
+$384K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares California Muni Bond ETF
CMF
|
+$10.6M |
| 2 |
JPMorgan Active Value ETF
JAVA
|
+$10.5M |
| 3 |
Vanguard Morningstar Growth ETF
VUG
|
+$10.2M |
| 4 |
T. Rowe Price Floating Rate ETF
TFLR
|
+$6.58M |
| 5 |
Vanguard International Dividend Appreciation ETF
VIGI
|
+$6.13M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.26% |
| 2 | Financials | 3.53% |
| 3 | Communication Services | 1.5% |
| 4 | Consumer Discretionary | 1.07% |
| 5 | Healthcare | 0.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
XPO
XPO
$23.1B
| – | – |
-335
| Closed | -$19K |
|
|
VCNX
252
DELISTED
Vaccinex, Inc. Common Stock
VCNX
| – | – |
-19
| Closed | -$1K |
|
|
SGEN
253
DELISTED
Seagen Inc. Common Stock
SGEN
| – | – |
-86
| Closed | -$16K |
|
|
FRC
254
DELISTED
First Republic Bank
FRC
| $0 | ﹤0.01% |
327
| – | – |
|
Similar funds
Financial Connections Group's Q3 2023 Portfolio in Review
As of Q3 2023, Financial Connections Group held 254 positions worth $81.1M, down 47% from $153M the previous quarter. Its ten largest holdings account for 74% of the portfolio.
Financial Connections Group withdrew a net $68.4M in Q3 2023, closing 118 positions and reducing 33 holdings. Its most notable exit was iShares California Muni Bond ETF, an estimated $10.6M position sold in full.
By sector, the portfolio is most concentrated in Technology at 6.3% of assets, up from 5.4% a quarter earlier, followed by Financials and Communication Services.
Against the trend, Financial Connections Group opened a new position in PIMCO Multi Sector Bond Active ETF worth $406K.
- Financial Connections Group's largest Q3 2023 buy was PIMCO Multi Sector Bond Active ETF: 16,623 shares worth $406K.
- Financial Connections Group added most to Dimensional US Core Equity Market ETF in Q3 2023, an estimated $5.5M increase.
- Financial Connections Group's biggest Q3 2023 reduction was JPMorgan Active Value ETF, cutting an estimated $10.5M.
- Financial Connections Group fully exited iShares California Muni Bond ETF in Q3 2023, selling an estimated $10.6M.
- Financial Connections Group's ten largest holdings make up 74% of its $81.1M portfolio in Q3 2023.
- Financial Connections Group opened 3 new positions and closed 118 in Q3 2023.
- Financial Connections Group's portfolio value fell 47% quarter-over-quarter to $81.1M.
Based on Financial Connections Group's 13F filing for Q3 2023, filed 6 Nov 2023.