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GMA

Goldstein Munger & Associates Portfolio holdings

AUM $303M
1-Year Est. Return 19.66%
This Fund
S&P 500
This Quarter Est. Return
+2.78%
1 Year Est. Return
-19.66%
3 Year Est. Return
+11.92%
5 Year Est. Return
+26.24%
10 Year Est. Return
–
AUM
$217M
AUM Growth
-$10.2M
Cap. Flow
-$16M
Cap. Flow %
-7.36%
Top 10 Hldgs %
81.64%
Holding
40
New
–
Increased
6
Reduced
16
Closed
6

Top Buys

Rank Stock Value
1
IAU icon
iShares Gold Trust
IAU
+$1.23M
2
MUB icon
iShares National Muni Bond ETF
MUB
+$54.1K
3
EFV icon
iShares MSCI EAFE Value ETF
EFV
+$23.6K
4
VTV icon
Vanguard Value ETF
VTV
+$19.1K
5
EFG icon
iShares MSCI EAFE Growth ETF
EFG
+$15K

Top Sells

Rank Stock Value
1
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$7.25M
2
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$4.58M
3
IWB icon
iShares Russell 1000 ETF
IWB
+$1.56M
4
AAPL icon
Apple
AAPL
+$1.08M
5
GLD icon
SPDR Gold Trust
GLD
+$438K

Sector Composition

Rank Sector Weight
1 Communication Services 3.05%
2 Financials 0.13%
3 Technology 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IJS icon
26
iShares S&P Small-Cap 600 Value ETF
IJS
$8.15B
$475K 0.22%
6,800
– –
VTV icon
27
Vanguard Value ETF
VTV
$186B
$450K 0.21%
4,663
+200
+4% +$19.1K
SCHE icon
28
Schwab Emerging Markets Equity ETF
SCHE
$12.3B
$316K 0.15%
12,718
+37
+0.3% +$909
HEFA icon
29
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.2B
$290K 0.13%
10,200
-900
-8% -$25.4K
IJT icon
30
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.23B
$275K 0.13%
3,524
– –
RWR icon
31
State Street SPDR Dow Jones REIT ETF
RWR
$1.89B
$273K 0.13%
2,934
– –
WFC icon
32
Wells Fargo
WFC
$265B
$272K 0.13%
4,900
-2,000
-29% -$107K
VUG icon
33
Vanguard Growth ETF
VUG
$221B
$259K 0.12%
12,240
-960
-7% -$20.1K
IWV icon
34
iShares Russell 3000 ETF
IWV
$19.6B
$241K 0.11%
1,675
-82
-5% -$11.7K
AAPL icon
35
Apple
AAPL
$4.9T
– –
-30,104
Closed -$1.08M
BRK.A icon
36
Berkshire Hathaway Class A
BRK.A
$1.06T
– –
-29
Closed -$7.25M
BRK.B icon
37
Berkshire Hathaway Class B
BRK.B
$1.06T
– –
-27,509
Closed -$4.58M
CSCO icon
38
Cisco
CSCO
$441B
– –
-12,603
Closed -$426K
IBM icon
39
IBM
IBM
$200B
– –
-1,674
Closed -$279K
QQQ icon
40
Invesco QQQ Trust
QQQ
$466B
– –
-2,490
Closed -$330K
1
2

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Goldstein Munger & Associates's Q2 2017 Portfolio in Review

As of Q2 2017, Goldstein Munger & Associates held 40 positions worth $217M, down 4.5% from $227M the previous quarter. Its ten largest holdings account for 82% of the portfolio.

Goldstein Munger & Associates withdrew a net $16M in Q2 2017, closing 6 positions and reducing 16 holdings. Its most notable exit was Berkshire Hathaway Class A, an estimated $7.25M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 3.1% of assets, up from 2.7% a quarter earlier, followed by Financials and Technology.

Against the trend, Goldstein Munger & Associates added an estimated $1.23M to iShares Gold Trust.

  • Goldstein Munger & Associates added most to iShares Gold Trust in Q2 2017, an estimated $1.23M increase.
  • Goldstein Munger & Associates's biggest Q2 2017 reduction was iShares Russell 1000 ETF, cutting an estimated $1.56M.
  • Goldstein Munger & Associates fully exited Berkshire Hathaway Class A in Q2 2017, selling an estimated $7.25M.
  • Goldstein Munger & Associates's ten largest holdings make up 82% of its $217M portfolio in Q2 2017.
  • Goldstein Munger & Associates opened 0 new positions and closed 6 in Q2 2017.
  • Goldstein Munger & Associates's portfolio value fell 4.5% quarter-over-quarter to $217M.

Based on Goldstein Munger & Associates's 13F filing for Q2 2017, filed 25 Jul 2017.