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
-13.9%
1 Year Est. Return
+27.5%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$227M
AUM Growth
-$297M
Cap. Flow
-$252M
Cap. Flow %
-110.97%
Top 10 Hldgs %
40%
Holding
1,036
New
981
Increased
20
Reduced
18
Closed
16

Top Buys

Rank Stock Value
1
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$29.5M
2
IVV icon
iShares Core S&P 500 ETF
IVV
+$16.8M
3
FTSM icon
First Trust Enhanced Short Maturity ETF
FTSM
+$6.12M
4
AAPL icon
Apple
AAPL
+$5.85M
5
FTCS icon
First Trust Capital Strength ETF
FTCS
+$5.65M

Top Sells

Rank Stock Value
1
SCHB icon
Schwab US Broad Market ETF
SCHB
+$59.1M
2
FTA icon
First Trust Large Cap Value AlphaDEX Fund
FTA
+$56.9M
3
QQQ icon
Invesco QQQ Trust
QQQ
+$56.2M
4
JPUS
JPMorgan Diversified Return US Equity ETF
JPUS
+$53.9M
5
SCHE icon
Schwab Emerging Markets Equity ETF
SCHE
+$47.3M

Sector Composition

Rank Sector Weight
1 Technology 6.88%
2 Financials 4.72%
3 Consumer Discretionary 4.54%
4 Communication Services 4.02%
5 Healthcare 2.75%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SCHE icon
176
Schwab Emerging Markets Equity ETF
SCHE
$12.9B
$168K 0.07%
8,132
-1,890,627
-100% -$47.3M
NOBL icon
177
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$12B
$167K 0.07%
+5,804
New +$203K
DLR icon
178
Digital Realty Trust
DLR
$71.7B
$166K 0.07%
+1,195
New +$152K
LMBS icon
179
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.38B
$166K 0.07%
+3,250
New +$169K
IEF icon
180
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
$164K 0.07%
+1,351
New +$155K
TTD icon
181
Trade Desk
TTD
$6.49B
$164K 0.07%
+8,500
New +$220K
FDX icon
182
FedEx
FDX
$75.4B
$162K 0.07%
+1,332
New +$188K
IXN icon
183
iShares Global Tech ETF
IXN
$8.83B
$161K 0.07%
+5,292
New +$183K
MDLZ icon
184
Mondelez International
MDLZ
$79.9B
$160K 0.07%
+3,192
New +$173K
VHT icon
185
Vanguard Health Care ETF
VHT
$18.6B
$160K 0.07%
+961
New +$176K
IBB icon
186
iShares Biotechnology ETF
IBB
$9.77B
$158K 0.07%
+1,468
New +$169K
ETSY icon
187
Etsy
ETSY
$7.85B
$157K 0.07%
+4,084
New +$199K
IEFA icon
188
iShares Core MSCI EAFE ETF
IEFA
$196B
$157K 0.07%
+3,147
New +$187K
TWTR
189
DELISTED
Twitter, Inc.
TWTR
$156K 0.07%
+6,361
New +$206K
IGIB icon
190
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
$153K 0.07%
+2,779
New +$160K
IWD icon
191
iShares Russell 1000 Value ETF
IWD
$83.7B
$150K 0.07%
+1,516
New +$189K
PTLC icon
192
Pacer Trendpilot US Large Cap ETF
PTLC
$3.38B
$150K 0.07%
+5,571
New +$178K
HASI icon
193
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.2B
$149K 0.07%
+7,315
New +$231K
REGN icon
194
Regeneron Pharmaceuticals
REGN
$80.8B
$146K 0.06%
+300
New +$124K
SPYD icon
195
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
$8.78B
$145K 0.06%
+5,875
New +$205K
CFA icon
196
VictoryShares US 500 Volatility Wtd ETF
CFA
$550M
$143K 0.06%
+3,379
New +$177K
DBC icon
197
Invesco DB Commodity Index Tracking Fund
DBC
$1.66B
$143K 0.06%
+12,751
New +$178K
WPC icon
198
W.P. Carey
WPC
$16.4B
$143K 0.06%
+2,520
New +$191K
IDEV icon
199
iShares Core MSCI International Developed Markets ETF
IDEV
$32.6B
$142K 0.06%
+3,210
New +$171K
IWF icon
200
iShares Russell 1000 Growth ETF
IWF
$128B
$142K 0.06%
+3,764
New +$162K
6 7
8
9 10

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 Q1 2020 Portfolio in Review

As of Q1 2020, Golden State Wealth Management held 1,036 positions worth $227M, down 57% from $523M the previous quarter. Its ten largest holdings account for 40% of the portfolio.

Golden State Wealth Management withdrew a net $252M in Q1 2020, closing 16 positions and reducing 18 holdings. Its most notable exit was Schwab US Broad Market ETF, an estimated $59.1M position sold in full.

By sector, the portfolio is most concentrated in Technology at 6.9% of assets, up from 0.94% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Golden State Wealth Management opened a new position in First Trust Enhanced Short Maturity ETF worth $6.04M.

  • Golden State Wealth Management's largest Q1 2020 buy was First Trust Enhanced Short Maturity ETF: 102,316 shares worth $6.04M.
  • Golden State Wealth Management added most to iShares Core US Aggregate Bond ETF in Q1 2020, an estimated $29.5M increase.
  • Golden State Wealth Management's biggest Q1 2020 reduction was Invesco QQQ Trust, cutting an estimated $56.2M.
  • Golden State Wealth Management fully exited Schwab US Broad Market ETF in Q1 2020, selling an estimated $59.1M.
  • Golden State Wealth Management's ten largest holdings make up 40% of its $227M portfolio in Q1 2020.
  • Golden State Wealth Management opened 981 new positions and closed 16 in Q1 2020.
  • Golden State Wealth Management's portfolio value fell 57% quarter-over-quarter to $227M.

Based on Golden State Wealth Management's 13F filing for Q1 2020, filed 17 Apr 2020.