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GSWM

Golden State Wealth Management Portfolio holdings

AUM $915M
1-Year Est. Return 19.16%
This Fund
S&P 500
This Quarter Est. Return
+8.39%
1 Year Est. Return
+19.16%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$299M
AUM Growth
-$12.6M
Cap. Flow
-$46.3M
Cap. Flow %
-15.46%
Top 10 Hldgs %
43.18%
Holding
462
New
259
Increased
26
Reduced
130
Closed
37

Top Buys

Rank Stock Value
1
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$30.7M
2
IVV icon
iShares Core S&P 500 ETF
IVV
+$22.1M
3
FTSM icon
First Trust Enhanced Short Maturity ETF
FTSM
+$8.12M
4
FVD icon
First Trust Value Line Dividend Fund
FVD
+$7.55M
5
FTCS icon
First Trust Capital Strength ETF
FTCS
+$6.78M

Top Sells

Rank Stock Value
1
IJH icon
iShares Core S&P Mid-Cap ETF
IJH
+$74M
2
QCLN icon
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN
+$35.3M
3
IWN icon
iShares Russell 2000 Value ETF
IWN
+$3.5M
4
AAPL icon
Apple
AAPL
+$3.26M
5
CFA icon
VictoryShares US 500 Volatility Wtd ETF
CFA
+$3.26M

Sector Composition

Rank Sector Weight
1 Technology 9.52%
2 Consumer Discretionary 5.56%
3 Financials 4.42%
4 Communication Services 3.39%
5 Healthcare 2.52%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AGG icon
1
iShares Core US Aggregate Bond ETF
AGG
$138B
$30.8M 10.3%
261,013
+259,164
+14,016% +$30.7M
IVV icon
2
iShares Core S&P 500 ETF
IVV
$880B
$22.4M 7.47%
+66,522
New +$22.1M
AAPL icon
3
Apple
AAPL
$4.83T
$17.3M 5.77%
149,130
-29,922
-17% -$3.26M
SPY icon
4
State Street SPDR S&P 500 ETF Trust
SPY
$782B
$13.9M 4.64%
41,438
-2,716
-6% -$900K
AMZN icon
5
Amazon
AMZN
$2.69T
$8.53M 2.85%
54,180
-6,700
-11% -$1.06M
FTSM icon
6
First Trust Enhanced Short Maturity ETF
FTSM
$6.52B
$8.11M 2.71%
+135,189
New +$8.12M
FVD icon
7
First Trust Value Line Dividend Fund
FVD
$8.2B
$7.49M 2.5%
+238,066
New +$7.55M
SPAB icon
8
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.82B
$7.04M 2.35%
228,334
-32,629
-13% -$1.01M
FTCS icon
9
First Trust Capital Strength ETF
FTCS
$7.8B
$6.86M 2.29%
+108,487
New +$6.78M
VNLA icon
10
Janus Henderson Short Duration Income ETF
VNLA
$3.33B
$6.86M 2.29%
136,039
+32,291
+31% +$1.63M
FPX icon
11
First Trust US Equity Opportunities ETF
FPX
$1.52B
$5.48M 1.83%
+56,680
New +$5.17M
QQQ icon
12
Invesco QQQ Trust
QQQ
$464B
$5.17M 1.73%
18,627
-579
-3% -$157K
IWO icon
13
iShares Russell 2000 Growth ETF
IWO
$14.6B
$4.89M 1.63%
+22,061
New +$4.83M
GOOGL icon
14
Alphabet (Google) Class A
GOOGL
$4.31T
$4.09M 1.37%
55,820
-17,640
-24% -$1.34M
IJH icon
15
iShares Core S&P Mid-Cap ETF
IJH
$122B
$3.94M 1.32%
106,165
-1,978,290
-95% -$74M
MSFT icon
16
Microsoft
MSFT
$2.98T
$3.83M 1.28%
18,230
-5,861
-24% -$1.23M
HTRB icon
17
Hartford Total Return Bond ETF
HTRB
$2.23B
$3.69M 1.23%
89,279
-63,964
-42% -$2.7M
CFA icon
18
VictoryShares US 500 Volatility Wtd ETF
CFA
$533M
$3.46M 1.16%
63,749
-60,829
-49% -$3.26M
BX icon
19
Blackstone
BX
$151B
$3.31M 1.1%
63,323
-2,895
-4% -$155K
IUSG icon
20
iShares Core S&P US Growth ETF
IUSG
$31.6B
$3.25M 1.09%
40,637
-8,239
-17% -$645K
IJR icon
21
iShares Core S&P Small-Cap ETF
IJR
$109B
$2.9M 0.97%
+41,349
New +$2.96M
USMC icon
22
Principal Exchange-Traded Funds Principal US Mega-Cap ETF
USMC
$3.52B
$2.73M 0.91%
82,817
+1,716
+2% +$55.3K
AGGY icon
23
WisdomTree Yield Enhanced US Aggregate Bond Fund
AGGY
$931M
$2.72M 0.91%
50,569
-39,466
-44% -$2.14M
DIA icon
24
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.7B
$2.34M 0.78%
8,417
+420
+5% +$115K
LMT icon
25
Lockheed Martin
LMT
$117B
$2.22M 0.74%
5,796
-276
-5% -$105K
1
2 3 4 5

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Golden State Wealth Management's Q3 2020 Portfolio in Review

As of Q3 2020, Golden State Wealth Management held 462 positions worth $299M, down 4% from $312M the previous quarter. Its ten largest holdings account for 43% of the portfolio.

Golden State Wealth Management withdrew a net $46.3M in Q3 2020, closing 37 positions and reducing 130 holdings. Its most notable exit was First Trust NASDAQ Clean Edge Green Energy Index Fund, an estimated $35.3M position sold in full.

By sector, the portfolio is most concentrated in Technology at 9.5% of assets, up from 9.2% a quarter earlier, followed by Consumer Discretionary and Financials.

Against the trend, Golden State Wealth Management opened a new position in iShares Core S&P 500 ETF worth $22.4M.

  • Golden State Wealth Management's largest Q3 2020 buy was iShares Core S&P 500 ETF: 66,522 shares worth $22.4M.
  • Golden State Wealth Management added most to iShares Core US Aggregate Bond ETF in Q3 2020, an estimated $30.7M increase.
  • Golden State Wealth Management's biggest Q3 2020 reduction was iShares Core S&P Mid-Cap ETF, cutting an estimated $74M.
  • Golden State Wealth Management fully exited First Trust NASDAQ Clean Edge Green Energy Index Fund in Q3 2020, selling an estimated $35.3M.
  • Golden State Wealth Management's ten largest holdings make up 43% of its $299M portfolio in Q3 2020.
  • Golden State Wealth Management opened 259 new positions and closed 37 in Q3 2020.
  • Golden State Wealth Management's portfolio value fell 4% quarter-over-quarter to $299M.

Based on Golden State Wealth Management's 13F filing for Q3 2020, filed 12 Nov 2020.