Level Four Advisory Services Portfolio holdings

Level Four Advisory Services's Q2 2017 Portfolio in Review

As of Q2 2017, Level Four Advisory Services held 501 positions worth $650M, down 34% from $982M the previous quarter. Its ten largest holdings account for 21% of the portfolio.

Level Four Advisory Services withdrew a net $333M in Q2 2017, closing 29 positions and reducing 300 holdings. Its most notable exit was Vanguard Short-Term Bond ETF, an estimated $8.83M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 61% of assets, down from 64% a quarter earlier, followed by Healthcare and Technology.

Against the trend, Level Four Advisory Services added an estimated $1.93M to Valero Energy.

• Level Four Advisory Services added most to Valero Energy in Q2 2017, an estimated $1.93M increase.
• Level Four Advisory Services's biggest Q2 2017 reduction was iShares Russell 1000 Growth ETF, cutting an estimated $31.5M.
• Level Four Advisory Services fully exited Vanguard Short-Term Bond ETF in Q2 2017, selling an estimated $8.83M.
• Level Four Advisory Services's ten largest holdings make up 21% of its $650M portfolio in Q2 2017.
• Level Four Advisory Services opened 1 new position and closed 29 in Q2 2017.
• Level Four Advisory Services's portfolio value fell 34% quarter-over-quarter to $650M.

Based on Level Four Advisory Services's 13F filing for Q2 2017, filed 12 Jul 2017.