LFAS
Level Four Advisory Services Portfolio holdings
AUM
$3.54B
Turnover
13.95%
1-Year Est. Return
37.12%
This Fund
S&P 500
This Quarter
Est. Return
-12.24%
1 Year Est. Return
+37.12%
3 Year Est. Return
+92.23%
5 Year Est. Return
+115.57%
10 Year Est. Return
–
AUM
$802M
AUM Growth
-$123M
(-13%)
Cap. Flow
-$4.34M
Cap. Flow
% of AUM
-0.54%
Top 10 Holdings %
Top 10 Hldgs %
23.01%
Holding
606
New
25
Increased
234
Reduced
223
Closed
77
Avg Time Held
1.5
years
Top 10 Avg Time Held
0.6
years
Top 20 Avg Time Held
0.7
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$16M |
| 2 |
State Street DoubleLine Total Return Tactical ETF
TOTL
|
+$7.77M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$7.53M |
| 4 |
Las Vegas Sands
LVS
|
+$5.29M |
| 5 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$4.14M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$8.47M |
| 2 |
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
|
+$6.09M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$5.97M |
| 4 |
Goldman Sachs ActiveBeta Europe Equity ETF
GSEU
|
+$5.23M |
| 5 |
Schwab U.S Small- Cap ETF
SCHA
|
+$2.17M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 49.09% |
| 2 | Technology | 7.39% |
| 3 | Industrials | 7.29% |
| 4 | Financials | 6.57% |
| 5 | Energy | 6.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
501
W&T Offshore
WTI
$551M
| $79K | 0.01% |
19,097
| – | – |
2016 Q4
8 quarters
|
|
502
McEwen Inc
MUX
$957M
| $72K | 0.01% |
3,951
| – | – |
2016 Q4
8 quarters
|
|
503
Banco Bilbao Vizcaya Argentaria
BBVA
$142B
| $63K | 0.01% |
11,975
+41
| +0.3% | +$232 |
2017 Q4
4 quarters
|
|
|
RRTS
504
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $32K | ﹤0.01% |
2,540
+120
| +5% | +$1.82K |
2017 Q3
5 quarters
|
|
505
DELISTED
Chesapeake Energy Corporation
CHK
| $25K | ﹤0.01% |
60
+5
| +9% | +$3.44K |
2018 Q3
1 quarter
|
|
506
VivoSim Labs
VIVS
$2.15M
| $14K | ﹤0.01% |
63
| – | – |
2018 Q2
2 quarters
|
|
507
Workhorse Group
WKHS
$32M
| $10K | ﹤0.01% |
6
| – | – |
2016 Q4
8 quarters
|
|
|
TMBR
508
DELISTED
Timber Pharmaceuticals, Inc.
TMBR
| $7K | ﹤0.01% |
4
+1
| +33% | +$2.37K |
2018 Q1
3 quarters
|
|
|
ESNC
509
DELISTED
EnSync Inc
ESNC
| $5K | ﹤0.01% |
30,000
+10,000
| +50% | +$2.16K |
2018 Q3
1 quarter
|
|
510
iShares MSCI ACWI ETF
ACWI
$32.8B
| – | – |
-2,879
| Closed | -$214K | – |
|
511
American Financial Group
AFG
$12.1B
| – | – |
-1,885
| Closed | -$209K | – |
|
512
Arthur J. Gallagher & Co
AJG
$60.8B
| – | – |
-5,198
| Closed | -$387K | – |
|
513
Allstate
ALL
$59.7B
| – | – |
-7,513
| Closed | -$742K | – |
|
514
Arista Networks
ANET
$246B
| – | – |
-12,688
| Closed | -$211K | – |
|
515
Optimum Communications Inc
OPTU
$335M
| – | – |
-23,355
| Closed | -$424K | – |
|
516
Baxter International
BAX
$12.8B
| – | – |
-4,332
| Closed | -$334K | – |
|
517
Brunswick
BC
$4.01B
| – | – |
-4,245
| Closed | -$284K | – |
|
518
Conagra Brands
CAG
$6.61B
| – | – |
-6,883
| Closed | -$234K | – |
|
519
Citizens Financial Group
CFG
$26.4B
| – | – |
-6,475
| Closed | -$250K | – |
|
520
Check Point Software Technologies
CHKP
$13.7B
| – | – |
-3,433
| Closed | -$404K | – |
|
521
DELISTED
Discover Financial Services
DFS
| – | – |
-3,274
| Closed | -$250K | – |
|
522
Danaher
DHR
$158B
| – | – |
-2,723
| Closed | -$262K | – |
|
523
DocuSign
DOCU
$14.1B
| – | – |
-7,165
| Closed | -$377K | – |
|
524
EPR Properties
EPR
$4.18B
| – | – |
-3,627
| Closed | -$248K | – |
|
525
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.3B
| – | – |
-12,631
| Closed | -$1.79M | – |
|
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Level Four Advisory Services's Q4 2018 Portfolio in Review
As of Q4 2018, Level Four Advisory Services held 606 positions worth $802M, down 13% from $925M the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Level Four Advisory Services's Q4 2018 filing shows 25 new, 234 increased, 223 reduced and 77 closed positions. Its largest new stake was Vanguard Utilities ETF: 22,749 shares worth $2.68M. The largest sale was iShares Core S&P Total US Stock Market ETF, an estimated $8.47M.
By sector, the portfolio is most concentrated in Miscellaneous at 49% of assets, up from 47% a quarter earlier, followed by Technology and Industrials.
- Level Four Advisory Services's largest Q4 2018 buy was Vanguard Utilities ETF: 22,749 shares worth $2.68M.
- Level Four Advisory Services added most to iShares MSCI USA Min Vol Factor ETF in Q4 2018, an estimated $16M increase.
- Level Four Advisory Services's biggest Q4 2018 reduction was iShares Core S&P Total US Stock Market ETF, cutting an estimated $8.47M.
- Level Four Advisory Services fully exited iShares MSCI USA Quality Factor ETF in Q4 2018, selling an estimated $5.97M.
- Level Four Advisory Services's ten largest holdings make up 23% of its $802M portfolio in Q4 2018.
- Level Four Advisory Services opened 25 new positions and closed 77 in Q4 2018.
- Level Four Advisory Services's portfolio value fell 13% quarter-over-quarter to $802M.
Based on Level Four Advisory Services's 13F filing for Q4 2018, filed 8 Feb 2019.