We are live on ! Find out more
GSWM

Golden State Wealth Management Portfolio holdings

AUM $1.1B
1-Year Est. Return 27.5%
This Fund
S&P 500
This Quarter Est. Return
+7.1%
1 Year Est. Return
+27.5%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$523M
AUM Growth
+$220M
Cap. Flow
+$199M
Cap. Flow %
37.97%
Top 10 Hldgs %
85.3%
Holding
1,126
New
15
Increased
16
Reduced
23
Closed
1,071

Top Buys

Rank Stock Value
1
SCHB icon
Schwab US Broad Market ETF
SCHB
+$56.5M
2
FTA icon
First Trust Large Cap Value AlphaDEX Fund
FTA
+$54M
3
JPUS
JPMorgan Diversified Return US Equity ETF
JPUS
+$52.2M
4
QQQ icon
Invesco QQQ Trust
QQQ
+$51.2M
5
SCHE icon
Schwab Emerging Markets Equity ETF
SCHE
+$49.8M

Top Sells

Rank Stock Value
1
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$28.3M
2
IVV icon
iShares Core S&P 500 ETF
IVV
+$11.3M
3
CFA icon
VictoryShares US 500 Volatility Wtd ETF
CFA
+$9.26M
4
AAPL icon
Apple
AAPL
+$7.65M
5
VNLA icon
Janus Henderson Short Duration Income ETF
VNLA
+$6.1M

Sector Composition

Rank Sector Weight
1 Technology 0.94%
2 Industrials 0.85%
3 Financials 0.19%
4 Real Estate 0.16%
5 Consumer Staples 0.16%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WBS icon
951
Webster Financial
WBS
$12.8B
– –
-37
Closed -$2K
WCN
952
Waste Connections
WCN
$42.2B
– –
-10
Closed -$1K
WDAY icon
953
Workday
WDAY
$42B
– –
-718
Closed -$122K
WDC icon
954
Western Digital
WDC
$156B
– –
-131
Closed -$6K
WDFC icon
955
WD-40
WDFC
$3.1B
– –
-108
Closed -$20K
WDIV icon
956
State Street SPDR S&P Global Dividend ETF
WDIV
$278M
– –
-17,683
Closed -$1.19M
WEC icon
957
WEC Energy
WEC
$35.2B
– –
-118
Closed -$11K
WELL icon
958
Welltower
WELL
$170B
– –
-699
Closed -$63K
WEX icon
959
WEX
WEX
$6.46B
– –
-4
Closed -$1K
WFC icon
960
CALL
Wells Fargo
WFC
$265B
– –
-18
Closed -$2K
WFC icon
961
Wells Fargo
WFC
$265B
– –
-9,898
Closed -$499K
WFC.PRL icon
962
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.65B
– –
-12
Closed -$19K
WH icon
963
Wyndham Hotels & Resorts
WH
$5.58B
– –
-250
Closed -$13K
WHLRP
964
Wheeler Real Estate Investment Trust Preferred Stock
WHLRP
– –
-12,630
Closed -$150K
WHR icon
965
Whirlpool
WHR
$2.8B
– –
-72
Closed -$11K
WMB icon
966
Williams Companies
WMB
$87.8B
– –
-2,500
Closed -$60K
WM icon
967
Waste Management
WM
$91.5B
– –
-664
Closed -$76K
WMT icon
968
Walmart Inc
WMT
$892B
– –
-3,783
Closed -$150K
WOLF icon
969
Wolfspeed
WOLF
$1.43B
– –
-301
Closed -$15K
WPC icon
970
W.P. Carey
WPC
$16.4B
– –
-2,326
Closed -$204K
WPM icon
971
Wheaton Precious Metals
WPM
$56.9B
– –
-100
Closed -$3K
WSR
972
DELISTED
Whitestone REIT
WSR
– –
-1,425
Closed -$20K
WTRG icon
973
Essential Utilities
WTRG
$11.3B
– –
-86
Closed -$4K
WU icon
974
Western Union
WU
$2.23B
– –
-253
Closed -$6K
WTW icon
975
Willis Towers Watson
WTW
$31.6B
– –
-510
Closed -$98K
37 38
39
40 41

Similar funds

DAM
Delta Asset Management Memphis, Tennessee $1.1B AUM 14.89% 1-Year Est. Return
PHS
PFM Health Sciences San Francisco, California $1.1B AUM 57.92% 1-Year Est. Return
MAM
Mark Asset Management New York $1.1B AUM 43.79% 1-Year Est. Return
KCM
Khrom Capital Management Miami Beach, Florida $1.09B AUM 14.82% 1-Year Est. Return
DAM
DLD Asset Management New York $1.1B AUM 4.68% 1-Year Est. Return
MIA
MMBG Investment Advisors Miami, Florida $1.09B AUM 30.96% 1-Year Est. Return
YL
YCG LLC Austin, Texas $1.1B AUM 4.87% 1-Year Est. Return
PWA
Pitcairn Wealth Advisors Conshohocken, Pennsylvania $1.09B AUM

Golden State Wealth Management's Q4 2019 Portfolio in Review

As of Q4 2019, Golden State Wealth Management held 1,126 positions worth $523M, up 73% from $303M the previous quarter. Its ten largest holdings account for 85% of the portfolio.

Golden State Wealth Management deployed $199M of net new capital in Q4 2019, opening 15 new positions and adding to 16 existing holdings. Its largest new stake was Schwab US Broad Market ETF: 4,608,684 shares worth $59.1M.

By sector, the portfolio is most concentrated in Technology at 0.94% of assets, down from 5.7% a quarter earlier, followed by Industrials and Financials.

On the sell side, the largest reduction was iShares Core US Aggregate Bond ETF, an estimated $28.3M trimmed.

  • Golden State Wealth Management's largest Q4 2019 buy was Schwab US Broad Market ETF: 4,608,684 shares worth $59.1M.
  • Golden State Wealth Management added most to Invesco QQQ Trust in Q4 2019, an estimated $51.2M increase.
  • Golden State Wealth Management's biggest Q4 2019 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $28.3M.
  • Golden State Wealth Management fully exited VictoryShares US 500 Volatility Wtd ETF in Q4 2019, selling an estimated $9.26M.
  • Golden State Wealth Management's ten largest holdings make up 85% of its $523M portfolio in Q4 2019.
  • Golden State Wealth Management opened 15 new positions and closed 1,071 in Q4 2019.
  • Golden State Wealth Management's portfolio value rose 73% quarter-over-quarter to $523M.

Based on Golden State Wealth Management's 13F filing for Q4 2019, filed 13 Feb 2020.