Formidable Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
BAC.PRA
Bank of America Corporation Depositary Shares, each representing a 1/1,000 th interest in a share of
BAC.PRA
|
+$6.22M |
| 2 |
Baytex Energy
BTE
|
+$1.39M |
| 3 |
Aptus Behavioral Momentum ETF
ADME
|
+$1.33M |
| 4 |
Ares Capital
ARCC
|
+$1.28M |
| 5 |
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
|
+$951K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bank of America
BAC
|
+$5.03M |
| 2 |
ACAS
American Capital Ltd
ACAS
|
+$2.56M |
| 3 |
SE
Spectra Energy Corp Wi
SE
|
+$736K |
| 4 |
Apple
AAPL
|
+$406K |
| 5 |
Qualys
QLYS
|
+$343K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 19.58% |
| 2 | Healthcare | 13.92% |
| 3 | Technology | 10.73% |
| 4 | Financials | 8.58% |
| 5 | Industrials | 8.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
$1.45B
| – | – |
-12,922
| Closed | -$240K |
|
202
Valero Energy
VLO
$93.8B
| – | – |
-2,818
| Closed | -$193K |
|
|
MNK
203
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| – | – |
-4,901
| Closed | -$245K |
|
|
SDRL
204
DELISTED
Seadrill Limited Common Stock
SDRL
| – | – |
-98
| Closed | -$106K |
|
|
SE
205
DELISTED
Spectra Energy Corp Wi
SE
| – | – |
-17,920
| Closed | -$736K |
|
|
ARIA
206
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| – | – |
-16,266
| Closed | -$202K |
|
|
NUO
207
DELISTED
Nuveen Ohio Quality Municipal Income Fund
NUO
| – | – |
-13,708
| Closed | -$199K |
|
|
ACAS
208
DELISTED
American Capital Ltd
ACAS
| – | – |
-143,136
| Closed | -$2.56M |
|
Similar funds
Formidable Asset Management's Q1 2017 Portfolio in Review
As of Q1 2017, Formidable Asset Management held 215 positions worth $229M, up 16% from $198M the previous quarter. Its ten largest holdings account for 46% of the portfolio.
Formidable Asset Management deployed $11.8M of net new capital in Q1 2017, opening 43 new positions and adding to 64 existing holdings. Its largest new stake was Bank of America Corporation Depositary Shares, each representing a 1/1,000 th interest in a share of: 243,627 shares worth $5.84M.
By sector, the portfolio is most concentrated in Consumer Staples at 20% of assets, down from 22% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Apple, an estimated $406K trimmed.
- Formidable Asset Management's largest Q1 2017 buy was Bank of America Corporation Depositary Shares, each representing a 1/1,000 th interest in a share of: 243,627 shares worth $5.84M.
- Formidable Asset Management added most to Baytex Energy in Q1 2017, an estimated $1.39M increase.
- Formidable Asset Management's biggest Q1 2017 reduction was Apple, cutting an estimated $406K.
- Formidable Asset Management fully exited Bank of America in Q1 2017, selling an estimated $5.03M.
- Formidable Asset Management's ten largest holdings make up 46% of its $229M portfolio in Q1 2017.
- Formidable Asset Management opened 43 new positions and closed 11 in Q1 2017.
- Formidable Asset Management's portfolio value rose 16% quarter-over-quarter to $229M.
Based on Formidable Asset Management's 13F filing for Q1 2017, filed 12 May 2017.