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FAM

Formidable Asset Management Portfolio holdings

AUM $629M
1-Year Est. Return 15.56%
This Fund
S&P 500
This Quarter Est. Return
+5.09%
1 Year Est. Return
+15.56%
3 Year Est. Return
+52.24%
5 Year Est. Return
+66.77%
10 Year Est. Return
+345.39%
AUM
$108M
AUM Growth
-$183M
Cap. Flow
-$183M
Cap. Flow %
-169.17%
Top 10 Hldgs %
56.35%
Holding
248
New
30
Increased
24
Reduced
53
Closed
119

Top Buys

Rank Stock Value
1
EVT icon
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
+$6.43M
2
SPTL icon
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
+$6.4M
3
HDV
iShares Core High Dividend ETF
HDV
+$4.35M
4
AVK
Advent Convertible and Income Fund
AVK
+$1.71M
5
DIAX
Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
+$1.37M

Top Sells

Rank Stock Value
1
PG icon
Procter & Gamble
PG
+$35.3M
2
AAPL icon
Apple
AAPL
+$16.8M
3
META icon
Meta Platforms (Facebook)
META
+$7.56M
4
MSFT icon
Microsoft
MSFT
+$6.63M
5
BAC icon
Bank of America
BAC
+$5.78M

Sector Composition

Rank Sector Weight
1 Healthcare 24.26%
2 Financials 7.57%
3 Consumer Staples 6.06%
4 Consumer Discretionary 4.8%
5 Technology 3.61%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CUB
226
DELISTED
Cubic Corporation
CUB
– –
-22,388
Closed -$1.48M
WP
227
DELISTED
Worldpay, Inc.
WP
– –
-4,649
Closed -$626K
LGCY
228
DELISTED
Legacy Reserves Inc. Common Stock
LGCY
$0 ﹤0.01%
+12,843
New –
6 7 8 9
10

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PWW
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SFM
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TTSTC
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KCMH
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MWP
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Formidable Asset Management's Q3 2019 Portfolio in Review

As of Q3 2019, Formidable Asset Management held 248 positions worth $108M, down 63% from $291M the previous quarter. Its ten largest holdings account for 56% of the portfolio.

Formidable Asset Management withdrew a net $183M in Q3 2019, closing 119 positions and reducing 53 holdings. Its most notable exit was Bank of America, an estimated $5.78M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 24% of assets, up from 13% a quarter earlier, followed by Financials and Consumer Staples.

Against the trend, Formidable Asset Management opened a new position in Eaton Vance Tax-Advantaged Dividend Income Fund worth $6.46M.

  • Formidable Asset Management's largest Q3 2019 buy was Eaton Vance Tax-Advantaged Dividend Income Fund: 266,649 shares worth $6.46M.
  • Formidable Asset Management added most to iShares Core High Dividend ETF in Q3 2019, an estimated $4.35M increase.
  • Formidable Asset Management's biggest Q3 2019 reduction was Procter & Gamble, cutting an estimated $35.3M.
  • Formidable Asset Management fully exited Bank of America in Q3 2019, selling an estimated $5.78M.
  • Formidable Asset Management's ten largest holdings make up 56% of its $108M portfolio in Q3 2019.
  • Formidable Asset Management opened 30 new positions and closed 119 in Q3 2019.
  • Formidable Asset Management's portfolio value fell 63% quarter-over-quarter to $108M.

Based on Formidable Asset Management's 13F filing for Q3 2019, filed 8 Nov 2019.