IRON Financial Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$3.26M |
| 2 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$3.16M |
| 3 |
Vanguard FTSE All-World ex-US ETF
VEU
|
+$1.86M |
| 4 |
American Airlines Group
AAL
|
+$393K |
| 5 |
MTCN
ARCELORMITTAL 6% MANDATORILTY CONV SUB NT DUE 2016 (LUX)
MTCN
|
+$279K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$11.6M |
| 2 |
AMJ
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
|
+$7.83M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$3.97M |
| 4 |
Vanguard Real Estate ETF
VNQ
|
+$3.71M |
| 5 |
State Street SPDR S&P Metals & Mining ETF
XME
|
+$3.58M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.16% |
| 2 | Technology | 3.13% |
| 3 | Communication Services | 1.78% |
| 4 | Industrials | 1.68% |
| 5 | Healthcare | 0.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
State Street SPDR S&P Metals & Mining ETF
XME
$3.87B
| – | – |
-84,805
| Closed | -$3.58M |
|
|
AMJ
52
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| – | – |
-149,440
| Closed | -$7.83M |
|
Similar funds
IRON Financial's Q3 2014 Portfolio in Review
As of Q3 2014, IRON Financial held 87 positions worth $78.4M, down 31% from $113M the previous quarter. Its ten largest holdings account for 73% of the portfolio.
IRON Financial withdrew a net $33.5M in Q3 2014, closing 18 positions and reducing 12 holdings. Its most notable exit was JP Morgan Alerian MLP Index ETN 5/24/24, an estimated $7.83M position sold in full.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 8.9% a quarter earlier, followed by Technology and Communication Services.
Against the trend, IRON Financial opened a new position in Vanguard FTSE All-World ex-US ETF worth $1.77M.
- IRON Financial's largest Q3 2014 buy was Vanguard FTSE All-World ex-US ETF: 36,037 shares worth $1.77M.
- IRON Financial added most to State Street Financial Select Sector SPDR ETF in Q3 2014, an estimated $3.26M increase.
- IRON Financial's biggest Q3 2014 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $11.6M.
- IRON Financial fully exited JP Morgan Alerian MLP Index ETN 5/24/24 in Q3 2014, selling an estimated $7.83M.
- IRON Financial's ten largest holdings make up 73% of its $78.4M portfolio in Q3 2014.
- IRON Financial opened 7 new positions and closed 18 in Q3 2014.
- IRON Financial's portfolio value fell 31% quarter-over-quarter to $78.4M.
Based on IRON Financial's 13F filing for Q3 2014, filed 22 Oct 2014.