Financial Management Network Portfolio holdings
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 | |
|---|---|---|---|---|---|---|
|
151
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$39.8B
| – | – |
-21,686
| Closed | -$654K |
|
152
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.2B
| – | – |
-8,683
| Closed | -$354K |
|
153
Target
TGT
$63.7B
| – | – |
-2,000
| Closed | -$213K |
|
154
UnitedHealth
UNH
$379B
| – | – |
-563
| Closed | -$287K |
|
155
Walmart Inc
WMT
$889B
| – | – |
-4,134
| Closed | -$222K |
|
156
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.47B
| – | – |
-2,639
| Closed | -$361K |
|
Similar funds
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.