Kovack Advisors Portfolio holdings
Kovack Advisors is a wealth management firm that supports its client accounts through the Envestnet platform and can also hire outside money managers. Ronald Kovack, its founder and former chairman, started the firm, which has advised clients since 2004 and is wholly owned by Kovack Financial; Brian Kovack is chief executive of Kovack Financial and president of Kovack Advisors. It also provides services to independent advisory firms that serve their own clients, and shares common ownership with the brokerage Kovack Securities.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
|
+$5.71M |
| 2 |
Apple
AAPL
|
+$4.19M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$2.45M |
| 4 |
Invesco S&P 500 Pure Growth ETF
RPG
|
+$1.99M |
| 5 |
Booking.com
BKNG
|
+$1.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VanEck Junior Gold Miners ETF
GDXJ
|
+$1.01M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$977K |
| 3 |
iShares US Real Estate ETF
IYR
|
+$690K |
| 4 |
Humana
HUM
|
+$583K |
| 5 |
VanEck Gold Miners ETF
GDX
|
+$543K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 50.48% |
| 2 | Technology | 10.53% |
| 3 | Consumer Discretionary | 7.47% |
| 4 | Communication Services | 5.97% |
| 5 | Healthcare | 5.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$5.18T
| $23.2M | 5.87% |
551,512
+100,228
| +22% | +$4.19M |
2013 Q2
18 quarters
|
|
|
2
State Street SPDR S&P 500 ETF Trust
SPY
$800B
| $17.1M | 4.33% |
64,768
-3,757
| -5% | -$977K |
2014 Q1
15 quarters
|
|
3
First Trust Value Line Dividend Fund
FVD
$8.22B
| $12.8M | 3.23% |
413,661
+1,608
| +0.4% | +$49K |
2013 Q4
16 quarters
|
|
4
Amazon
AMZN
$2.88T
| $10M | 2.52% |
170,260
-9,640
| -5% | -$530K |
2015 Q2
10 quarters
|
|
5
Vanguard Short-Term Corporate Bond ETF
VCSH
$45.5B
| $6.29M | 1.59% |
79,359
+18,418
| +30% | +$1.47M |
2015 Q1
11 quarters
|
|
6
Meta Platforms (Facebook)
META
$1.64T
| $6.05M | 1.53% |
34,270
+247
| +0.7% | +$43.7K |
2013 Q3
17 quarters
|
|
|
7
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.48B
| $5.78M | 1.46% |
+136,217
| New | +$5.71M |
2017 Q4
0 quarters
|
|
8
Vanguard Dividend Appreciation ETF
VIG
$118B
| $5.5M | 1.39% |
53,946
-99
| -0.2% | -$9.7K |
2014 Q1
15 quarters
|
|
9
Alphabet (Google) Class A
GOOGL
$3.64T
| $4.92M | 1.24% |
93,420
+1,100
| +1% | +$56.8K |
2015 Q4
8 quarters
|
|
10
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.6B
| $4.86M | 1.23% |
92,946
+19,046
| +26% | +$999K |
2014 Q4
12 quarters
|
|
11
Vanguard Morningstar Total Stock Market ETF
VTI
$689B
| $4.85M | 1.22% |
35,312
-687
| -2% | -$91.9K |
2014 Q2
14 quarters
|
|
12
AT&T
T
$149B
| $4.32M | 1.09% |
147,042
+15,411
| +12% | +$421K |
2013 Q2
18 quarters
|
|
13
Johnson & Johnson
JNJ
$688B
| $4.26M | 1.08% |
30,804
+6,368
| +26% | +$887K |
2014 Q2
14 quarters
|
|
14
iShares Core S&P 500 ETF
IVV
$875B
| $4.24M | 1.07% |
15,787
-15
| -0.1% | -$3.93K |
2013 Q2
18 quarters
|
|
|
JPS
15
DELISTED
Nuveen Preferred & Income Securities Fund
JPS
| $4.05M | 1.02% |
397,011
-5,239
| -1% | -$54K |
2016 Q2
6 quarters
|
|
16
iShares Core US Aggregate Bond ETF
AGG
$137B
| $4M | 1.01% |
36,566
-3,375
| -8% | -$369K |
2014 Q2
14 quarters
|
|
17
Chevron
CVX
$429B
| $3.22M | 0.81% |
25,890
+6,925
| +37% | +$821K |
2014 Q4
12 quarters
|
|
18
Verizon
VZ
$192B
| $2.96M | 0.75% |
55,952
+4,575
| +9% | +$225K |
2013 Q2
18 quarters
|
|
19
Home Depot
HD
$348B
| $2.95M | 0.75% |
15,576
-1,417
| -8% | -$245K |
2014 Q4
12 quarters
|
|
20
Microsoft
MSFT
$3.89T
| $2.9M | 0.73% |
34,067
+10,337
| +44% | +$848K |
2014 Q3
13 quarters
|
|
21
Vanguard Morningstar Value ETF
VTV
$197B
| $2.86M | 0.72% |
26,886
-422
| -2% | -$43.5K |
2015 Q4
8 quarters
|
|
22
ExxonMobil
XOM
$696B
| $2.8M | 0.71% |
33,507
+4,718
| +16% | +$390K |
2013 Q2
18 quarters
|
|
23
iShares US Aerospace & Defense ETF
ITA
$12.2B
| $2.66M | 0.67% |
84,726
+31,374
| +59% | +$956K |
2016 Q4
4 quarters
|
|
24
iShares MSCI USA Min Vol Factor ETF
USMV
$24.4B
| $2.63M | 0.66% |
49,849
+26,870
| +117% | +$1.39M |
2017 Q3
1 quarter
|
|
25
Blackstone
BX
$95B
| $2.54M | 0.64% |
79,301
+23,622
| +42% | +$769K |
2015 Q1
11 quarters
|
|
Similar funds
Kovack Advisors's Q4 2017 Portfolio in Review
As of Q4 2017, Kovack Advisors held 524 positions worth $396M, up 31% from $301M the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Kovack Advisors deployed $80.1M of net new capital in Q4 2017, opening 153 new positions and adding to 188 existing holdings. Its largest new stake was Invesco S&P 500 High Dividend Low Volatility ETF: 136,217 shares worth $5.78M.
By sector, the portfolio is most concentrated in Miscellaneous at 50% of assets, up from 50% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $977K trimmed.
- Kovack Advisors's largest Q4 2017 buy was Invesco S&P 500 High Dividend Low Volatility ETF: 136,217 shares worth $5.78M.
- Kovack Advisors added most to Apple in Q4 2017, an estimated $4.19M increase.
- Kovack Advisors's biggest Q4 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $977K.
- Kovack Advisors fully exited VanEck Junior Gold Miners ETF in Q4 2017, selling an estimated $1.01M.
- Kovack Advisors's ten largest holdings make up 24% of its $396M portfolio in Q4 2017.
- Kovack Advisors opened 153 new positions and closed 70 in Q4 2017.
- Kovack Advisors's portfolio value rose 31% quarter-over-quarter to $396M.
Based on Kovack Advisors's 13F filing for Q4 2017, filed 1 Feb 2018.