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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
+10.46%
1 Year Est. Return
+17.76%
3 Year Est. Return
+51.95%
5 Year Est. Return
+61.04%
10 Year Est. Return
–
AUM
$343M
AUM Growth
+$40.5M
(+13%)
Cap. Flow
+$10.8M
Cap. Flow
% of AUM
3.15%
Top 10 Holdings %
Top 10 Hldgs %
50.28%
Holding
157
New
12
Increased
59
Reduced
57
Closed
21
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pacer US Small Cap Cash Cows 100 ETF
CALF
|
+$6.45M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$4.15M |
| 3 |
VanEck Morningstar Wide Moat ETF
MOAT
|
+$1.63M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$1.5M |
| 5 |
Pacer Global Cash Cows Dividend ETF
GCOW
|
+$1.29M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Costco
COST
|
+$3M |
| 2 |
Ares Capital
ARCC
|
+$2.94M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$1.49M |
| 4 |
iShares California Muni Bond ETF
CMF
|
+$751K |
| 5 |
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
|
+$654K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.38% |
| 2 | Financials | 3.92% |
| 3 | Consumer Discretionary | 3.13% |
| 4 | Real Estate | 2.06% |
| 5 | Communication Services | 1.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
iShares Russell 1000 Growth ETF
IWF
$120B
| $1.24M | 0.36% |
16,860
-92
| -0.5% | -$6.51K |
|
52
Vanguard Energy ETF
VDE
$9.87B
| $1.19M | 0.35% |
10,025
-479
| -5% | -$57.4K |
|
53
State Street SPDR S&P Dividend ETF
SDY
$22B
| $1.1M | 0.32% |
8,868
-59
| -0.7% | -$6.93K |
|
54
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.25B
| $997K | 0.29% |
8,274
+325
| +4% | +$36.5K |
|
|
SPYM
55
State Street SPDR Portfolio S&P 500 ETF
SPYM
$159B
| $988K | 0.29% |
17,943
-763
| -4% | -$40K |
|
56
Vanguard Total Stock Market ETF
VTI
$655B
| $982K | 0.29% |
4,214
-129
| -3% | -$28.5K |
|
57
Honeywell
HON
$77.9B
| $979K | 0.29% |
5,103
-169
| -3% | -$30.5K |
|
|
TBLD
58
Thornburg Income Builder Opportunities Trust
TBLD
$695M
| $937K | 0.27% |
60,085
+4,359
| +8% | +$64.5K |
|
59
Rockwell Automation
ROK
$51.9B
| $900K | 0.26% |
2,952
-66
| -2% | -$18.5K |
|
60
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$18.4B
| $898K | 0.26% |
18,894
-564
| -3% | -$25.1K |
|
61
ExxonMobil
XOM
$642B
| $896K | 0.26% |
8,729
-619
| -7% | -$65.1K |
|
62
Realty Income
O
$61.1B
| $869K | 0.25% |
15,009
-1,112
| -7% | -$58.4K |
|
63
Mastercard
MA
$487B
| $847K | 0.25% |
2,020
+12
| +0.6% | +$4.82K |
|
64
Caterpillar
CAT
$402B
| $828K | 0.24% |
2,867
+3
| +0.1% | +$778 |
|
65
Meta Platforms (Facebook)
META
$1.51T
| $813K | 0.24% |
2,309
+653
| +39% | +$213K |
|
66
KKR & Co
KKR
$91.3B
| $778K | 0.23% |
9,573
-117
| -1% | -$7.92K |
|
67
Strive Emerging Markets ex-China ETF
STXE
$135M
| $748K | 0.22% |
27,325
+11,965
| +78% | +$307K |
|
68
Fidelity International Multifactor ETF
FDEV
$283M
| $728K | 0.21% |
27,465
+823
| +3% | +$20.7K |
|
69
Palo Alto Networks
PANW
$259B
| $708K | 0.21% |
5,004
+400
| +9% | +$53.5K |
|
70
iShares Russell Mid-Cap Value ETF
IWS
$15.6B
| $706K | 0.21% |
6,176
-311
| -5% | -$33.1K |
|
71
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.1B
| $704K | 0.21% |
17,327
-628
| -3% | -$23.7K |
|
72
Capital Group Core Plus Income ETF
CGCP
$8.39B
| $698K | 0.2% |
31,073
-207
| -0.7% | -$4.52K |
|
73
Vanguard FTSE Developed Markets ETF
VEA
$227B
| $678K | 0.2% |
14,389
-994
| -6% | -$44.5K |
|
74
Amgen
AMGN
$203B
| $670K | 0.2% |
2,213
+2
| +0.1% | +$545 |
|
75
Eli Lilly
LLY
$1.07T
| $666K | 0.19% |
1,077
+249
| +30% | +$145K |
|
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Financial Management Network's Q4 2023 Portfolio in Review
As of Q4 2023, Financial Management Network held 157 positions worth $343M, up 13% from $302M the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Financial Management Network deployed $10.8M of net new capital in Q4 2023, opening 12 new positions and adding to 59 existing holdings. Its largest new stake was Vanguard Intermediate-Term Corporate Bond ETF: 53,674 shares worth $4.3M.
By sector, the portfolio is most concentrated in Technology at 7.4% of assets, up from 7.3% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was VanEck Durable High Dividend ETF, an estimated $633K trimmed.
- Financial Management Network's largest Q4 2023 buy was Vanguard Intermediate-Term Corporate Bond ETF: 53,674 shares worth $4.3M.
- Financial Management Network added most to Pacer US Small Cap Cash Cows 100 ETF in Q4 2023, an estimated $6.45M increase.
- Financial Management Network's biggest Q4 2023 reduction was VanEck Durable High Dividend ETF, cutting an estimated $633K.
- Financial Management Network fully exited Costco in Q4 2023, selling an estimated $3M.
- Financial Management Network's ten largest holdings make up 50% of its $343M portfolio in Q4 2023.
- Financial Management Network opened 12 new positions and closed 21 in Q4 2023.
- Financial Management Network's portfolio value rose 13% quarter-over-quarter to $343M.
Based on Financial Management Network's 13F filing for Q4 2023, filed 22 Jan 2024.