HighTower Advisors Portfolio holdings
Hightower Advisors is a wealth management firm that serves clients through a network of advisor practices, each with its own focus and strategy. It was co-founded by Elliot Weissbluth, a former president of U.S. Fiduciary Services, and three partners, for brokerage advisors who wanted to go independent while keeping the support of a big firm. By 2013 it had moved away from its original partnership model toward an outsourced platform for advisors and had begun buying advisory firms outright. Funds run by Thomas H. Lee Partners hold a controlling stake in Hightower, which serves individuals and institutions, including pension plans.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Treasury Index ETF
SPTS
|
+$16.7M |
| 2 |
United Parcel Service
UPS
|
+$16.3M |
| 3 |
Schwab International Equity ETF
SCHF
|
+$12.9M |
| 4 |
TWX
Time Warner Inc
TWX
|
+$12.5M |
| 5 |
SPDR Gold Trust
GLD
|
+$10.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 1000 ETF
IWB
|
+$27.6M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$23.4M |
| 3 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$15M |
| 4 |
Vanguard Short-Term Treasury ETF
VGSH
|
+$14.3M |
| 5 |
BSCI
Invesco BulletShares 2018 Corporate Bond ETF
BSCI
|
+$13.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 25.25% |
| 2 | Healthcare | 11.76% |
| 3 | Technology | 9.77% |
| 4 | Industrials | 9.1% |
| 5 | Financials | 8.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.18T
| $178M | 2.25% |
7,435,096
-268,328
| -3% | -$6.67M |
2015 Q3
3 quarters
|
|
2
Johnson & Johnson
JNJ
$688B
| $143M | 1.81% |
1,180,929
-70,116
| -6% | -$7.97M |
2013 Q2
12 quarters
|
|
3
ExxonMobil
XOM
$696B
| $143M | 1.81% |
1,526,718
-3,307
| -0.2% | -$292K |
2013 Q2
12 quarters
|
|
4
AT&T
T
$149B
| $137M | 1.73% |
4,188,119
-209,152
| -5% | -$6.22M |
2013 Q2
12 quarters
|
|
5
Microsoft
MSFT
$3.89T
| $133M | 1.69% |
2,609,422
-37,574
| -1% | -$1.95M |
2013 Q2
12 quarters
|
|
6
State Street SPDR S&P 500 ETF Trust
SPY
$800B
| $129M | 1.64% |
617,860
+39,144
| +7% | +$8.12M |
2013 Q2
12 quarters
|
|
7
GE Aerospace
GE
$344B
| $96.7M | 1.22% |
641,136
-24,103
| -4% | -$3.52M |
2013 Q2
12 quarters
|
|
8
Procter & Gamble
PG
$394B
| $93.3M | 1.18% |
1,102,164
+25,196
| +2% | +$2.07M |
2013 Q2
12 quarters
|
|
9
Merck
MRK
$364B
| $90.5M | 1.15% |
1,646,153
-101,419
| -6% | -$5.4M |
2013 Q2
12 quarters
|
|
10
Verizon
VZ
$192B
| $88.3M | 1.12% |
1,579,894
-56,284
| -3% | -$2.92M |
2013 Q2
12 quarters
|
|
|
11
United Parcel Service
UPS
$95.7B
| $87.3M | 1.1% |
810,554
+156,260
| +24% | +$16.3M |
2013 Q2
12 quarters
|
|
12
Berkshire Hathaway Class B
BRK.B
$1.26T
| $82.5M | 1.04% |
570,010
-16,326
| -3% | -$2.33M |
2015 Q3
3 quarters
|
|
13
Invesco S&P 500 Equal Weight ETF
RSP
$103B
| $76.3M | 0.96% |
949,257
+19,570
| +2% | +$1.56M |
2013 Q2
12 quarters
|
|
14
Bristol-Myers Squibb
BMY
$130B
| $71M | 0.9% |
964,579
-34,224
| -3% | -$2.42M |
2013 Q2
12 quarters
|
|
15
Pfizer
PFE
$165B
| $70.9M | 0.9% |
2,117,954
-84,386
| -4% | -$2.69M |
2013 Q2
12 quarters
|
|
16
JPMorgan Chase
JPM
$919B
| $64.4M | 0.81% |
1,036,320
-82,976
| -7% | -$5.18M |
2013 Q2
12 quarters
|
|
17
Coca-Cola
KO
$427B
| $63.7M | 0.81% |
1,405,293
+73,593
| +6% | +$3.33M |
2013 Q2
12 quarters
|
|
18
Enterprise Products Partners
EPD
$82.6B
| $60.8M | 0.77% |
2,078,351
-25,044
| -1% | -$672K |
2013 Q2
12 quarters
|
|
19
PepsiCo
PEP
$198B
| $59.8M | 0.76% |
563,992
-72,857
| -11% | -$7.52M |
2013 Q2
12 quarters
|
|
20
Vanguard Dividend Appreciation ETF
VIG
$118B
| $58.6M | 0.74% |
704,395
+21,937
| +3% | +$1.79M |
2013 Q2
12 quarters
|
|
21
American Water Works
AWK
$29.8B
| $57.3M | 0.72% |
677,407
+17,614
| +3% | +$1.31M |
2015 Q3
3 quarters
|
|
22
iShares Russell 1000 Growth ETF
IWF
$118B
| $56.7M | 0.72% |
2,258,988
-10,368
| -0.5% | -$259K |
2013 Q2
12 quarters
|
|
23
Chevron
CVX
$429B
| $56.4M | 0.71% |
538,476
-90,516
| -14% | -$9.1M |
2013 Q2
12 quarters
|
|
|
MMP
24
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $56M | 0.71% |
736,198
-9,844
| -1% | -$698K |
2013 Q2
12 quarters
|
|
25
Altria Group
MO
$131B
| $55.8M | 0.71% |
809,449
-70,184
| -8% | -$4.49M |
2015 Q3
3 quarters
|
|
Similar funds
HighTower Advisors's Q2 2016 Portfolio in Review
As of Q2 2016, HighTower Advisors held 2,197 positions worth $7.9B, down 74% from $30.7B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
HighTower Advisors withdrew a net $774M in Q2 2016, closing 435 positions and reducing 888 holdings. Its most notable exit was Genesis Healthcare, Inc., an estimated $10.1M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 25% of assets, down from 79% a quarter earlier, followed by Healthcare and Technology.
Against the trend, HighTower Advisors opened a new position in State Street SPDR Portfolio Short Term Treasury Index ETF worth $16.8M.
- HighTower Advisors's largest Q2 2016 buy was State Street SPDR Portfolio Short Term Treasury Index ETF: 547,194 shares worth $16.8M.
- HighTower Advisors added most to United Parcel Service in Q2 2016, an estimated $16.3M increase.
- HighTower Advisors's biggest Q2 2016 reduction was iShares Russell 1000 ETF, cutting an estimated $27.6M.
- HighTower Advisors fully exited Genesis Healthcare, Inc. in Q2 2016, selling an estimated $10.1M.
- HighTower Advisors's ten largest holdings make up 16% of its $7.9B portfolio in Q2 2016.
- HighTower Advisors opened 152 new positions and closed 435 in Q2 2016.
- HighTower Advisors's portfolio value fell 74% quarter-over-quarter to $7.9B.
Based on HighTower Advisors's 13F filing for Q2 2016, filed 11 Aug 2016.