We are live on ! Find out more
GMA

Goldstein Munger & Associates Portfolio holdings

AUM $303M
1-Year Est. Return 19.66%
This Fund
S&P 500
This Quarter Est. Return
+5.9%
1 Year Est. Return
-19.66%
3 Year Est. Return
+11.92%
5 Year Est. Return
+26.24%
10 Year Est. Return
–
AUM
$239M
AUM Growth
-$17.7M
Cap. Flow
-$31.2M
Cap. Flow %
-13.06%
Top 10 Hldgs %
80.73%
Holding
31
New
–
Increased
4
Reduced
18
Closed
1

Top Buys

1
GLD icon
SPDR Gold Trust
GLD
+$2.96M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$300K
3
CROX icon
Crocs
CROX
+$28.1K
4
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$23.1K

Top Sells

1
IWB icon
iShares Russell 1000 ETF
IWB
+$9.87M
2
VWO icon
Vanguard FTSE Emerging Markets ETF
VWO
+$7.11M
3
VYM icon
Vanguard High Dividend Yield ETF
VYM
+$3.45M
4
EWC icon
iShares MSCI Canada ETF
EWC
+$2.52M
5
ICF icon
iShares Select U.S. REIT ETF
ICF
+$2.11M

Sector Composition

1 Financials 4.59%
2 Technology 2.49%
3 Communication Services 1.68%
4 Consumer Discretionary 0.5%
5 Industrials 0.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IWB icon
1
iShares Russell 1000 ETF
IWB
$48B
$72.5M 30.34%
702,441
-99,800
-12% -$9.87M
VYM icon
2
Vanguard High Dividend Yield ETF
VYM
$80B
$21.8M 9.15%
350,508
-57,159
-14% -$3.45M
MUB icon
3
iShares National Muni Bond ETF
MUB
$45.5B
$20.7M 8.66%
199,257
-14,460
-7% -$1.51M
IWM icon
4
iShares Russell 2000 ETF
IWM
$82.2B
$15.1M 6.34%
131,280
-13,768
-9% -$1.52M
EFA icon
5
iShares MSCI EAFE ETF
EFA
$76.5B
$12M 5.02%
178,822
-7,660
-4% -$500K
VWO icon
6
Vanguard FTSE Emerging Markets ETF
VWO
$119B
$10.8M 4.54%
263,503
-172,504
-40% -$7.11M
IAU icon
7
iShares Gold Trust
IAU
$62.4B
$10.7M 4.48%
457,708
-82,971
-15% -$2.05M
GLD icon
8
SPDR Gold Trust
GLD
$130B
$10.4M 4.35%
89,448
+24,106
+37% +$2.96M
IWF icon
9
iShares Russell 1000 Growth ETF
IWF
$123B
$9.63M 4.03%
447,952
-13,340
-3% -$274K
IWD icon
10
iShares Russell 1000 Value ETF
IWD
$81.9B
$9.13M 3.82%
97,000
-1,968
-2% -$178K
BRK.B icon
11
Berkshire Hathaway Class B
BRK.B
$1.06T
$5.49M 2.3%
46,340
+200
+0.4% +$23.1K
INTC icon
12
Intel
INTC
$478B
$5.38M 2.25%
207,088
– –
BRK.A icon
13
Berkshire Hathaway Class A
BRK.A
$1.06T
$5.16M 2.16%
29
– –
EWC icon
14
iShares MSCI Canada ETF
EWC
$6.08B
$4.48M 1.88%
153,611
-87,218
-36% -$2.52M
ICF icon
15
iShares Select U.S. REIT ETF
ICF
$2.11B
$4.41M 1.84%
117,926
-54,500
-32% -$2.11M
GOOG icon
16
Alphabet (Google) Class C
GOOG
$4.22T
$4.02M 1.68%
143,978
– –
SPY icon
17
State Street SPDR S&P 500 ETF Trust
SPY
$774B
$2.69M 1.13%
14,562
+1,695
+13% +$300K
EEM icon
18
iShares MSCI Emerging Markets ETF
EEM
$28B
$2.58M 1.08%
61,624
-29,316
-32% -$1.23M
IWO icon
19
iShares Russell 2000 Growth ETF
IWO
$14.7B
$2.39M 1%
17,662
-3,497
-17% -$453K
IWN icon
20
iShares Russell 2000 Value ETF
IWN
$14.4B
$2.29M 0.96%
22,990
-5,524
-19% -$528K
VNQ icon
21
Vanguard Real Estate ETF
VNQ
$39.6B
$2.05M 0.86%
31,748
-10,347
-25% -$692K
EFG icon
22
iShares MSCI EAFE Growth ETF
EFG
$16.4B
$1.1M 0.46%
15,425
-1,070
-6% -$74.2K
EFV icon
23
iShares MSCI EAFE Value ETF
EFV
$26B
$1.07M 0.45%
18,655
-1,371
-7% -$76.8K
CROX icon
24
Crocs
CROX
$6.81B
$922K 0.39%
57,897
+2,114
+4% +$28.1K
AAPL icon
25
Apple
AAPL
$4.9T
$561K 0.23%
28,000
– –
1
2

Similar funds

ACM
Axar Capital Management New York $304M AUM 38.78% 1-Year Est. Return
RFA
Radnor Financial Advisors Wayne, Pennsylvania $284M AUM 23.21% 1-Year Est. Return
AIA
AGF Investments America Toronto, Ontario, Canada $271M AUM 7.04% 1-Year Est. Return
A
Apoletto Road Town, Tortola, British Virgin Islands $260M AUM 31.4% 1-Year Est. Return
KRC
Kehrs Ridge Capital Holmdel, New Jersey $260M AUM 0.46% 1-Year Est. Return
ARMC
American Research & Management Company Marion, Massachusetts $362M AUM 8.06% 1-Year Est. Return
BPM
Bowling Portfolio Management Cincinnati, Ohio $364M AUM 7.07% 1-Year Est. Return
TS
Third Security Radford, Virginia $241M AUM 45.43% 1-Year Est. Return

Goldstein Munger & Associates's Q4 2013 Portfolio in Review

As of Q4 2013, Goldstein Munger & Associates held 31 positions worth $239M, down 6.9% from $257M the previous quarter. Its ten largest holdings account for 81% of the portfolio.

Goldstein Munger & Associates withdrew a net $31.2M in Q4 2013, closing 1 position and reducing 18 holdings. Its most notable exit was iShares Core US Aggregate Bond ETF, an estimated $226K position sold in full.

By sector, the portfolio is most concentrated in Financials at 4.6% of assets, up from 4.1% a quarter earlier, followed by Technology and Communication Services.

Against the trend, Goldstein Munger & Associates added an estimated $2.96M to SPDR Gold Trust.

  • Goldstein Munger & Associates added most to SPDR Gold Trust in Q4 2013, an estimated $2.96M increase.
  • Goldstein Munger & Associates's biggest Q4 2013 reduction was iShares Russell 1000 ETF, cutting an estimated $9.87M.
  • Goldstein Munger & Associates fully exited iShares Core US Aggregate Bond ETF in Q4 2013, selling an estimated $226K.
  • Goldstein Munger & Associates's ten largest holdings make up 81% of its $239M portfolio in Q4 2013.
  • Goldstein Munger & Associates opened 0 new positions and closed 1 in Q4 2013.
  • Goldstein Munger & Associates's portfolio value fell 6.9% quarter-over-quarter to $239M.

Based on Goldstein Munger & Associates's 13F filing for Q4 2013, filed 7 Aug 2014.