Grimes & Company Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$43.6M |
| 2 |
Invesco Senior Loan ETF
BKLN
|
+$42.6M |
| 3 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$36.4M |
| 4 |
State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
HYMB
|
+$25.9M |
| 5 |
NYLI Hedge Multi-Strategy Tracker ETF
QAI
|
+$12.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VanEck High Yield Muni ETF
HYD
|
+$24.2M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$18.7M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$17.1M |
| 4 |
iShares US Utilities ETF
IDU
|
+$7.68M |
| 5 |
State Street SPDR S&P Emerging Markets Small Cap ETF
EWX
|
+$6.36M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 11.69% |
| 2 | Healthcare | 7.01% |
| 3 | Consumer Discretionary | 5.84% |
| 4 | Industrials | 5.45% |
| 5 | Communication Services | 3.4% |
Similar funds
Grimes & Company's Q4 2016 Portfolio in Review
As of Q4 2016, Grimes & Company held 227 positions worth $862M, up 15% from $747M the previous quarter. Its ten largest holdings account for 41% of the portfolio.
Grimes & Company deployed $101M of net new capital in Q4 2016, opening 21 new positions and adding to 66 existing holdings. Its largest new stake was State Street SPDR Bloomberg High Yield Bond ETF: 400,658 shares worth $43.8M.
By sector, the portfolio is most concentrated in Technology at 12% of assets, down from 14% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was iShares Core MSCI EAFE ETF, an estimated $18.7M trimmed.
- Grimes & Company's largest Q4 2016 buy was State Street SPDR Bloomberg High Yield Bond ETF: 400,658 shares worth $43.8M.
- Grimes & Company added most to iShares 1-3 Year Treasury Bond ETF in Q4 2016, an estimated $36.4M increase.
- Grimes & Company's biggest Q4 2016 reduction was iShares Core MSCI EAFE ETF, cutting an estimated $18.7M.
- Grimes & Company fully exited VanEck High Yield Muni ETF in Q4 2016, selling an estimated $24.2M.
- Grimes & Company's ten largest holdings make up 41% of its $862M portfolio in Q4 2016.
- Grimes & Company opened 21 new positions and closed 20 in Q4 2016.
- Grimes & Company's portfolio value rose 15% quarter-over-quarter to $862M.
Based on Grimes & Company's 13F filing for Q4 2016, filed 24 Jan 2017.