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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 | |
|---|---|---|---|---|---|---|
|
1
VanEck Morningstar Wide Moat ETF
MOAT
$11.8B
| $37.1M | 10.84% |
447,082
+21,015
| +5% | +$1.63M |
|
|
2
iShares Core S&P 500 ETF
IVV
$881B
| $30.4M | 8.86% |
64,575
+3,341
| +5% | +$1.5M |
|
|
3
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.55B
| $20.2M | 5.89% |
431,463
+150,142
| +53% | +$6.45M |
|
|
4
Pacer Global Cash Cows Dividend ETF
GCOW
$3.31B
| $14.8M | 4.33% |
428,529
+39,317
| +10% | +$1.29M |
|
5
VanEck Morningstar SMID Moat ETF
SMOT
$334M
| $14.1M | 4.1% |
459,937
+31,306
| +7% | +$894K |
|
6
iShares Core S&P Mid-Cap ETF
IJH
$122B
| $13.9M | 4.05% |
256,610
-8,445
| -3% | -$428K |
|
7
Avantis International Small Cap Value ETF
AVDV
$19B
| $11.8M | 3.43% |
190,662
+17,959
| +10% | +$1.05M |
|
8
Apple
AAPL
$4.9T
| $11.5M | 3.35% |
63,416
-383
| -0.6% | -$70.7K |
|
9
iShares Core S&P Small-Cap ETF
IJR
$110B
| $9.33M | 2.72% |
89,376
-6,249
| -7% | -$602K |
|
10
Capital Group International Focus Equity ETF
CGXU
$6.07B
| $9.26M | 2.7% |
395,007
+9,524
| +2% | +$213K |
|
11
iShares 0-1 Year Treasury Bond ETF
SHV
$20.9B
| $8.86M | 2.59% |
80,369
+4
| +0% | +$441 |
|
12
Vanguard Health Care ETF
VHT
$18B
| $8.53M | 2.49% |
33,508
-1,536
| -4% | -$364K |
|
13
Microsoft
MSFT
$2.93T
| $6.24M | 1.82% |
16,956
+2,481
| +17% | +$883K |
|
14
VanEck Durable High Dividend ETF
DURA
$38.1M
| $6.06M | 1.77% |
193,701
-21,099
| -10% | -$633K |
|
15
iShares S&P 500 Growth ETF
IVW
$73.1B
| $5.86M | 1.71% |
80,307
-109
| -0.1% | -$7.76K |
|
16
iShares Short Maturity Bond ETF
NEAR
$4.8B
| $5.62M | 1.64% |
111,409
+10,025
| +10% | +$502K |
|
17
Visa
V
$682B
| $5.11M | 1.49% |
19,690
-109
| -0.6% | -$26.9K |
|
18
Pacer US Cash Cows 100 ETF
COWZ
$18.3B
| $4.97M | 1.45% |
95,842
+11,290
| +13% | +$561K |
|
|
19
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.7B
| $4.3M | 1.26% |
+53,674
| New | +$4.15M |
|
20
Capital Group Global Growth Equity ETF
CGGO
$11.1B
| $4.22M | 1.23% |
167,292
+5,815
| +4% | +$140K |
|
21
Amazon
AMZN
$2.66T
| $4.17M | 1.22% |
28,705
-426
| -1% | -$59.7K |
|
22
Avantis US Small Cap Value ETF
AVUV
$29.4B
| $3.84M | 1.12% |
43,867
+16,092
| +58% | +$1.29M |
|
23
NVIDIA
NVDA
$4.91T
| $3.58M | 1.04% |
72,900
+7,490
| +11% | +$347K |
|
24
Fidelity Fundamental Large Cap Growth ETF
FFLG
$658M
| $3.26M | 0.95% |
177,520
+7,078
| +4% | +$123K |
|
25
Vanguard Dividend Appreciation ETF
VIG
$111B
| $3.15M | 0.92% |
18,699
-1,697
| -8% | -$273K |
|
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GPSPJS
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.