Foster Group Portfolio holdings
Foster Group is an investment management firm that has advised clients since 1991, may also provide financial planning, and has no single principal owner. Its approach follows Modern Portfolio Theory, spreading risk across asset classes, and it recommends asset-class mutual funds and ETFs rather than individual stocks or bonds. Individual clients choose among three service levels: CoreWealth, which is digitally led, SignatureWealth, a full-service wealth management offering, and SelectWealth, the most customized one. It also advises pension and profit-sharing plans.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dimensional National Municipal Bond ETF
DFNM
|
+$56M |
| 2 |
iShares US Treasury Bond ETF
GOVT
|
+$39.3M |
| 3 |
Vanguard Tax-Exempt Bond Index Fund
VTEB
|
+$38.9M |
| 4 |
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
|
+$26M |
| 5 |
iShares Core MSCI International Developed Markets ETF
IDEV
|
+$9.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares National Muni Bond ETF
MUB
|
+$53.3M |
| 2 |
Vanguard Intermediate-Term Treasury ETF
VGIT
|
+$29.4M |
| 3 |
McDonald's
MCD
|
+$5.32M |
| 4 |
Vanguard Morningstar Value ETF
VTV
|
+$4.35M |
| 5 |
Dimensional US Equity ETF
DFUS
|
+$2.28M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 93.21% |
| 2 | Technology | 2.28% |
| 3 | Financials | 1.14% |
| 4 | Industrials | 0.68% |
| 5 | Energy | 0.67% |
Similar funds
Foster Group's Q1 2024 Portfolio in Review
As of Q1 2024, Foster Group held 205 positions worth $2.01B, up 23% from $1.64B the previous quarter. Its ten largest holdings account for 61% of the portfolio.
Foster Group deployed $140M of net new capital in Q1 2024, opening 37 new positions and adding to 91 existing holdings. Its largest new stake was State Street SPDR Nuveen ICE Municipal Bond ETF: 557,561 shares worth $25.9M.
By sector, the portfolio is most concentrated in Miscellaneous at 93% of assets, up from 93% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares National Muni Bond ETF, an estimated $53.3M trimmed.
- Foster Group's largest Q1 2024 buy was State Street SPDR Nuveen ICE Municipal Bond ETF: 557,561 shares worth $25.9M.
- Foster Group added most to Dimensional National Municipal Bond ETF in Q1 2024, an estimated $56M increase.
- Foster Group's biggest Q1 2024 reduction was iShares National Muni Bond ETF, cutting an estimated $53.3M.
- Foster Group fully exited Alibaba in Q1 2024, selling an estimated $398K.
- Foster Group's ten largest holdings make up 61% of its $2.01B portfolio in Q1 2024.
- Foster Group opened 37 new positions and closed 7 in Q1 2024.
- Foster Group's portfolio value rose 23% quarter-over-quarter to $2.01B.
Based on Foster Group's 13F filing for Q1 2024, filed 9 Apr 2024.