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FMN

Financial Management Network Portfolio holdings

AUM $653M
1-Year Est. Return 17.76%
This Fund
S&P 500
This Quarter Est. Return
+7%
1 Year Est. Return
+17.76%
3 Year Est. Return
+51.95%
5 Year Est. Return
+61.04%
10 Year Est. Return
–
AUM
$287M
AUM Growth
+$37.9M
Cap. Flow
+$19.4M
Cap. Flow %
6.75%
Top 10 Hldgs %
48.39%
Holding
145
New
19
Increased
57
Reduced
50
Closed
5

Top Buys

Rank Stock Value
1
ARCC icon
Ares Capital
ARCC
+$3.05M
2
COST icon
Costco
COST
+$2.65M
3
MOAT icon
VanEck Morningstar Wide Moat ETF
MOAT
+$2M
4
CGXU icon
Capital Group International Focus Equity ETF
CGXU
+$1.71M
5
SMOT icon
VanEck Morningstar SMID Moat ETF
SMOT
+$1.46M

Top Sells

Rank Stock Value
1
DURA icon
VanEck Durable High Dividend ETF
DURA
+$554K
2
SDG icon
iShares MSCI Global Sustainable Development Goals ETF
SDG
+$495K
3
ISCF icon
iShares International Small Cap Equity Factor ETF
ISCF
+$456K
4
GOVT icon
iShares US Treasury Bond ETF
GOVT
+$440K
5
AAPL icon
Apple
AAPL
+$313K

Sector Composition

Rank Sector Weight
1 Technology 8.15%
2 Financials 5.49%
3 Consumer Discretionary 3.83%
4 Real Estate 2.34%
5 Communication Services 1.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FFLG icon
26
Fidelity Fundamental Large Cap Growth ETF
FFLG
$658M
$2.73M 0.95%
161,997
+11,136
+7% +$171K
QQQ icon
27
Invesco QQQ Trust
QQQ
$466B
$2.52M 0.88%
6,799
-145
-2% -$48.8K
IAU icon
28
iShares Gold Trust
IAU
$62.4B
$2.26M 0.79%
62,066
+999
+2% +$37.5K
SPG icon
29
Simon Property Group
SPG
$74.2B
$2.15M 0.75%
18,361
-663
-3% -$72.2K
GOOG icon
30
Alphabet (Google) Class C
GOOG
$4.22T
$2.07M 0.72%
17,170
-240
-1% -$27.8K
GOOGL icon
31
Alphabet (Google) Class A
GOOGL
$4.23T
$2.05M 0.71%
17,092
– –
BA icon
32
Boeing
BA
$169B
$1.86M 0.65%
8,816
-2
-0% -$415
ISCF icon
33
iShares International Small Cap Equity Factor ETF
ISCF
$644M
$1.85M 0.64%
59,781
-14,657
-20% -$456K
DON icon
34
WisdomTree US MidCap Dividend Fund
DON
$4.02B
$1.83M 0.64%
43,301
+2,605
+6% +$106K
DRLL icon
35
Strive US Energy ETF
DRLL
$287M
$1.76M 0.62%
64,204
+7,971
+14% +$218K
VNQ icon
36
Vanguard Real Estate ETF
VNQ
$39.6B
$1.69M 0.59%
19,979
+3,842
+24% +$315K
BRK.A icon
37
Berkshire Hathaway Class A
BRK.A
$1.06T
$1.56M 0.54%
3
– –
HD icon
38
Home Depot
HD
$338B
$1.51M 0.53%
4,883
-792
-14% -$234K
BRK.B icon
39
Berkshire Hathaway Class B
BRK.B
$1.06T
$1.51M 0.53%
+4,422
New +$1.44M
ADBE icon
40
Adobe
ADBE
$94.3B
$1.36M 0.47%
2,797
-53
-2% -$21.4K
MCD icon
41
McDonald's
MCD
$190B
$1.35M 0.47%
4,568
+3
+0.1% +$872
BIZD icon
42
VanEck BDC Income ETF
BIZD
$1.63B
$1.33M 0.46%
88,525
+9,823
+12% +$144K
GLD icon
43
SPDR Gold Trust
GLD
$130B
$1.31M 0.46%
7,332
– –
FUTY icon
44
Fidelity MSCI Utilities Index ETF
FUTY
$2.35B
$1.21M 0.42%
28,562
-211
-0.7% -$9.18K
VDE icon
45
Vanguard Energy ETF
VDE
$9.76B
$1.2M 0.42%
10,616
+445
+4% +$50.1K
IWF icon
46
iShares Russell 1000 Growth ETF
IWF
$123B
$1.2M 0.42%
17,452
– –
SDY icon
47
State Street SPDR S&P Dividend ETF
SDY
$21.8B
$1.13M 0.4%
9,216
-194
-2% -$23.7K
JPM icon
48
JPMorgan Chase
JPM
$907B
$1.09M 0.38%
7,440
+5
+0.1% +$688
CVX icon
49
Chevron
CVX
$373B
$1.09M 0.38%
6,903
+232
+3% +$37.2K
SPYM
50
State Street SPDR Portfolio S&P 500 ETF
SPYM
$157B
$1.03M 0.36%
19,823
-1,449
-7% -$71.5K
1
2
3 4 5

Similar funds

WIM
Westside Investment Management Santa Monica, California $653M AUM 28.36% 1-Year Est. Return
NGM
North Growth Management Vancouver, British Columbia, Canada $653M AUM 88.28% 1-Year Est. Return
AG
Alibaba Group Causeway Bay, Hong Kong $653M AUM 16.11% 1-Year Est. Return
RRA
Round Rock Advisors Wilton, Connecticut $654M AUM 22.95% 1-Year Est. Return
JJ
Johnson & Johnson New Brunswick, New Jersey $652M AUM 198.07% 1-Year Est. Return
PAI
Palo Alto Investors Palo Alto, California $654M AUM 77.8% 1-Year Est. Return
BHB
Bank Hapoalim BM Tel Aviv, Israel $652M AUM 19.01% 1-Year Est. Return
GPSPJS
General Pension Society PZU Joint Stock Warsaw, Poland $654M AUM 55.85% 1-Year Est. Return

Financial Management Network's Q2 2023 Portfolio in Review

As of Q2 2023, Financial Management Network held 145 positions worth $287M, up 15% from $249M the previous quarter. Its ten largest holdings account for 48% of the portfolio.

Financial Management Network deployed $19.4M of net new capital in Q2 2023, opening 19 new positions and adding to 57 existing holdings. Its largest new stake was Ares Capital: 165,243 shares worth $3.12M.

By sector, the portfolio is most concentrated in Technology at 8.2% of assets, up from 7.8% a quarter earlier, followed by Financials and Consumer Discretionary.

On the sell side, the largest reduction was VanEck Durable High Dividend ETF, an estimated $554K trimmed.

  • Financial Management Network's largest Q2 2023 buy was Ares Capital: 165,243 shares worth $3.12M.
  • Financial Management Network added most to VanEck Morningstar Wide Moat ETF in Q2 2023, an estimated $2M increase.
  • Financial Management Network's biggest Q2 2023 reduction was VanEck Durable High Dividend ETF, cutting an estimated $554K.
  • Financial Management Network fully exited iShares US Treasury Bond ETF in Q2 2023, selling an estimated $440K.
  • Financial Management Network's ten largest holdings make up 48% of its $287M portfolio in Q2 2023.
  • Financial Management Network opened 19 new positions and closed 5 in Q2 2023.
  • Financial Management Network's portfolio value rose 15% quarter-over-quarter to $287M.

Based on Financial Management Network's 13F filing for Q2 2023, filed 28 Jul 2023.