Fortis Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$55.6M |
| 2 |
iShares Expanded Tech-Software Sector ETF
IGV
|
+$6.86M |
| 3 |
iShares Preferred and Income Securities ETF
PFF
|
+$5.05M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$3.56M |
| 5 |
Amazon
AMZN
|
+$3.48M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab Fundamental International Small Company Index ETF
FNDC
|
+$531K |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$347K |
| 3 |
Global X US Preferred ETF
PFFD
|
+$278K |
| 4 |
Vanguard Total Bond Market
BND
|
+$151K |
| 5 |
Vanguard Short-Term Corporate Bond ETF
VCSH
|
+$111K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 37.97% |
| 2 | Healthcare | 4.96% |
| 3 | Consumer Discretionary | 4.61% |
| 4 | Communication Services | 3.71% |
| 5 | Financials | 2.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LFLY
101
DELISTED
Leafly Holdings, Inc. Common Stock
LFLY
| $16.4K | 0.01% |
2,052
| – | – |
|
|
CANO.WS
102
DELISTED
Cano Health, Inc. Redeemable Warrants, each whole warrant is exercisable for one-one hundredth (1/100th) of a share of Class A Common Stock at an exercise price of $1,150
CANO.WS
| $3.77K | ﹤0.01% |
23,529
| – | – |
|
|
RYM
103
RYTHM Inc
RYM
$48.1M
| $3.36K | ﹤0.01% |
66
| – | – |
|
|
104
Schwab Fundamental International Small Company Index ETF
FNDC
$3.15B
| – | – |
-17,000
| Closed | -$531K |
|
Similar funds
Fortis Capital Management's Q1 2023 Portfolio in Review
As of Q1 2023, Fortis Capital Management held 104 positions worth $247M, up 83% from $135M the previous quarter. Its ten largest holdings account for 62% of the portfolio.
Fortis Capital Management deployed $91.8M of net new capital in Q1 2023, opening 13 new positions and adding to 62 existing holdings. Its largest new stake was iShares Expanded Tech-Software Sector ETF: 122,470 shares worth $7.46M.
By sector, the portfolio is most concentrated in Technology at 38% of assets, up from 18% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Vanguard S&P 500 ETF, an estimated $347K trimmed.
- Fortis Capital Management's largest Q1 2023 buy was iShares Expanded Tech-Software Sector ETF: 122,470 shares worth $7.46M.
- Fortis Capital Management added most to Microsoft in Q1 2023, an estimated $55.6M increase.
- Fortis Capital Management's biggest Q1 2023 reduction was Vanguard S&P 500 ETF, cutting an estimated $347K.
- Fortis Capital Management fully exited Schwab Fundamental International Small Company Index ETF in Q1 2023, selling an estimated $531K.
- Fortis Capital Management's ten largest holdings make up 62% of its $247M portfolio in Q1 2023.
- Fortis Capital Management opened 13 new positions and closed 1 in Q1 2023.
- Fortis Capital Management's portfolio value rose 83% quarter-over-quarter to $247M.
Based on Fortis Capital Management's 13F filing for Q1 2023, filed 11 May 2023.