Formidable Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$4.21M |
| 2 |
Aptus Behavioral Momentum ETF
ADME
|
+$2.94M |
| 3 |
BioCryst Pharmaceuticals
BCRX
|
+$2.4M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$1.88M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.87M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
|
+$6.46M |
| 2 |
First Trust Value Line Dividend Fund
FVD
|
+$3.49M |
| 3 |
Chemed
CHE
|
+$868K |
| 4 |
Public Storage
PSA
|
+$863K |
| 5 |
SPDR Gold MiniShares Trust
GLDM
|
+$841K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.26% |
| 2 | Consumer Staples | 16.65% |
| 3 | Healthcare | 13.75% |
| 4 | Consumer Discretionary | 8.29% |
| 5 | Financials | 6.85% |
Similar funds
Formidable Asset Management's Q2 2020 Portfolio in Review
As of Q2 2020, Formidable Asset Management held 312 positions worth $339M, up 34% from $254M the previous quarter. Its ten largest holdings account for 43% of the portfolio.
Formidable Asset Management deployed $28.1M of net new capital in Q2 2020, opening 91 new positions and adding to 82 existing holdings. Its largest new stake was iShares MSCI USA Quality Factor ETF: 45,880 shares worth $4.42M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Consumer Staples and Healthcare.
On the sell side, the largest reduction was First Trust Value Line Dividend Fund, an estimated $3.49M trimmed.
- Formidable Asset Management's largest Q2 2020 buy was iShares MSCI USA Quality Factor ETF: 45,880 shares worth $4.42M.
- Formidable Asset Management added most to Aptus Behavioral Momentum ETF in Q2 2020, an estimated $2.94M increase.
- Formidable Asset Management's biggest Q2 2020 reduction was First Trust Value Line Dividend Fund, cutting an estimated $3.49M.
- Formidable Asset Management fully exited State Street SPDR Portfolio Long Term Treasury ETF in Q2 2020, selling an estimated $6.46M.
- Formidable Asset Management's ten largest holdings make up 43% of its $339M portfolio in Q2 2020.
- Formidable Asset Management opened 91 new positions and closed 39 in Q2 2020.
- Formidable Asset Management's portfolio value rose 34% quarter-over-quarter to $339M.
Based on Formidable Asset Management's 13F filing for Q2 2020, filed 13 Aug 2020.