Financial Services Advisory Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$12.2M |
| 2 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$10.6M |
| 3 |
VanEck Fallen Angel High Yield Bond ETF
ANGL
|
+$9.35M |
| 4 |
Invesco S&P 500 Pure Value ETF
RPV
|
+$3.97M |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$3.77M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VanEck Morningstar Wide Moat ETF
MOAT
|
+$14.2M |
| 2 |
iShares MSCI ACWI ex US ETF
ACWX
|
+$13M |
| 3 |
Vanguard S&P 500 ETF
VOO
|
+$12.6M |
| 4 |
Vanguard Information Technology ETF
VGT
|
+$8.22M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$7.81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 0.69% |
| 2 | Financials | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
iShares US Healthcare ETF
IYH
$3.39B
| – | – |
-13,800
| Closed | -$773K |
|
52
iShares US Technology ETF
IYW
$23.5B
| – | – |
-8,736
| Closed | -$951K |
|
53
JPMorgan Chase
JPM
$933B
| – | – |
-1,533
| Closed | -$223K |
|
54
JPMorgan US Quality Factor ETF
JQUA
$8.2B
| – | – |
-5,777
| Closed | -$256K |
|
|
55
VanEck Morningstar Wide Moat ETF
MOAT
$11.8B
| – | – |
-178,121
| Closed | -$14.2M |
|
56
VanEck Semiconductor ETF
SMH
$65B
| – | – |
-5,588
| Closed | -$851K |
|
57
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| – | – |
-9,610
| Closed | -$800K |
|
58
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.3B
| – | – |
-10,062
| Closed | -$746K |
|
Similar funds
Financial Services Advisory's Q3 2023 Portfolio in Review
As of Q3 2023, Financial Services Advisory held 58 positions worth $205M, down 15% from $242M the previous quarter. Its ten largest holdings account for 69% of the portfolio.
Financial Services Advisory withdrew a net $30.7M in Q3 2023, closing 12 positions and reducing 21 holdings. Its most notable exit was VanEck Morningstar Wide Moat ETF, an estimated $14.2M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 0.69% of assets, down from 0.82% a quarter earlier, followed by Financials.
Against the trend, Financial Services Advisory opened a new position in iShares iBoxx $ High Yield Corporate Bond ETF worth $12.1M.
- Financial Services Advisory's largest Q3 2023 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 164,057 shares worth $12.1M.
- Financial Services Advisory added most to Invesco FTSE RAFI US 1000 ETF in Q3 2023, an estimated $679K increase.
- Financial Services Advisory's biggest Q3 2023 reduction was iShares MSCI ACWI ex US ETF, cutting an estimated $13M.
- Financial Services Advisory fully exited VanEck Morningstar Wide Moat ETF in Q3 2023, selling an estimated $14.2M.
- Financial Services Advisory's ten largest holdings make up 69% of its $205M portfolio in Q3 2023.
- Financial Services Advisory opened 14 new positions and closed 12 in Q3 2023.
- Financial Services Advisory's portfolio value fell 15% quarter-over-quarter to $205M.
Based on Financial Services Advisory's 13F filing for Q3 2023, filed 17 Oct 2023.