Financial Management Network Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$1.25M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$820K |
| 3 |
VanEck Durable High Dividend ETF
DURA
|
+$678K |
| 4 |
Fidelity Emerging Markets Multifactor ETF
FDEM
|
+$534K |
| 5 |
Alger Mid Cap 40 ETF
FRTY
|
+$518K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Min Vol Factor ETF
EFAV
|
+$4.48M |
| 2 |
Costco
COST
|
+$2.7M |
| 3 |
Ares Capital
ARCC
|
+$2.2M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$1.42M |
| 5 |
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
|
+$1.41M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 11.09% |
| 2 | Consumer Discretionary | 6.8% |
| 3 | Financials | 4.9% |
| 4 | Communication Services | 3.17% |
| 5 | Healthcare | 1.91% |
Similar funds
Financial Management Network's Q1 2022 Portfolio in Review
As of Q1 2022, Financial Management Network held 140 positions worth $197M, down 9.7% from $218M the previous quarter. Its ten largest holdings account for 53% of the portfolio.
Financial Management Network withdrew a net $13.5M in Q1 2022, closing 25 positions and reducing 37 holdings. Its most notable exit was iShares MSCI EAFE Min Vol Factor ETF, an estimated $4.48M position sold in full.
By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 11% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Financial Management Network opened a new position in Fidelity Emerging Markets Multifactor ETF worth $533K.
- Financial Management Network's largest Q1 2022 buy was Fidelity Emerging Markets Multifactor ETF: 21,143 shares worth $533K.
- Financial Management Network added most to iShares Core S&P 500 ETF in Q1 2022, an estimated $1.25M increase.
- Financial Management Network's biggest Q1 2022 reduction was iShares MSCI Global Sustainable Development Goals ETF, cutting an estimated $1.11M.
- Financial Management Network fully exited iShares MSCI EAFE Min Vol Factor ETF in Q1 2022, selling an estimated $4.48M.
- Financial Management Network's ten largest holdings make up 53% of its $197M portfolio in Q1 2022.
- Financial Management Network opened 10 new positions and closed 25 in Q1 2022.
- Financial Management Network's portfolio value fell 9.7% quarter-over-quarter to $197M.
Based on Financial Management Network's 13F filing for Q1 2022, filed 21 Apr 2022.