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 | |
|---|---|---|---|---|---|---|---|
|
TSS
1
DELISTED
Total System Services, Inc.
TSS
| $32.6M | 4.06% |
400,818
-707
| -0.2% | -$62.6K |
2017 Q4
4 quarters
|
|
2
Enterprise Products Partners
EPD
$77.3B
| $24.8M | 3.09% |
1,007,758
+117,902
| +13% | +$3.16M |
2016 Q4
8 quarters
|
|
|
3
iShares Core S&P 500 ETF
IVV
$887B
| $21.4M | 2.67% |
85,181
+27,726
| +48% | +$7.53M |
2016 Q4
8 quarters
|
|
|
4
iShares MSCI USA Min Vol Factor ETF
USMV
$23.8B
| $20.8M | 2.6% |
397,360
+291,014
| +274% | +$16M |
2016 Q4
8 quarters
|
|
5
Apple
AAPL
$5.01T
| $17.5M | 2.18% |
444,272
+1,252
| +0.3% | +$60.7K |
2016 Q4
8 quarters
|
|
6
Invesco QQQ Trust
QQQ
$488B
| $15.9M | 1.98% |
102,847
+3,593
| +4% | +$601K |
2016 Q4
8 quarters
|
|
7
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.46B
| $13.8M | 1.72% |
269,677
+52,515
| +24% | +$2.67M |
2017 Q4
4 quarters
|
|
8
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.32B
| $13.6M | 1.7% |
204,499
+41,564
| +26% | +$2.86M |
2016 Q4
8 quarters
|
|
|
9
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.37B
| $12.2M | 1.52% |
249,239
-115,765
| -32% | -$6.09M |
2017 Q4
4 quarters
|
|
|
10
State Street DoubleLine Total Return Tactical ETF
TOTL
$3.65B
| $11.9M | 1.48% |
251,250
+165,420
| +193% | +$7.77M |
2018 Q3
1 quarter
|
|
|
11
Las Vegas Sands
LVS
$24B
| $10.6M | 1.33% |
204,322
+97,667
| +92% | +$5.29M |
2017 Q4
4 quarters
|
|
12
First Trust Preferred Securities and Income ETF
FPE
$5.93B
| $10.6M | 1.32% |
589,039
+76,604
| +15% | +$1.42M |
2017 Q4
4 quarters
|
|
13
Amazon
AMZN
$2.74T
| $10.4M | 1.29% |
138,280
+7,920
| +6% | +$658K |
2016 Q4
8 quarters
|
|
14
Microsoft
MSFT
$3.96T
| $10.3M | 1.28% |
101,005
+5,413
| +6% | +$580K |
2016 Q4
8 quarters
|
|
15
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
$1.71B
| $8.95M | 1.12% |
296,974
-5,823
| -2% | -$178K |
2016 Q4
8 quarters
|
|
16
iShares Core S&P Small-Cap ETF
IJR
$102B
| $6.85M | 0.85% |
98,872
+17,496
| +22% | +$1.35M |
2016 Q4
8 quarters
|
|
17
iShares MSCI EAFE ETF
EFA
$76.3B
| $6.71M | 0.84% |
114,123
+9,245
| +9% | +$577K |
2016 Q4
8 quarters
|
|
18
iShares Core US Aggregate Bond ETF
AGG
$137B
| $6.65M | 0.83% |
62,411
+11,516
| +23% | +$1.21M |
2016 Q4
8 quarters
|
|
19
JPMorgan Chase
JPM
$890B
| $6.53M | 0.81% |
66,894
+1,399
| +2% | +$149K |
2016 Q4
8 quarters
|
|
20
DELISTED
Synovus
SNV
| $6.39M | 0.8% |
199,913
| – | – |
2017 Q4
4 quarters
|
|
21
State Street SPDR S&P 500 ETF Trust
SPY
$813B
| $6.38M | 0.8% |
25,533
+2,631
| +11% | +$709K |
2016 Q4
8 quarters
|
|
22
iShares Preferred and Income Securities ETF
PFF
$12B
| $6.25M | 0.78% |
182,662
-17,568
| -9% | -$622K |
2016 Q4
8 quarters
|
|
23
Dominion Energy
D
$55.2B
| $6.2M | 0.77% |
86,687
-16,997
| -16% | -$1.24M |
2016 Q4
8 quarters
|
|
24
Vanguard Morningstar Total Stock Market ETF
VTI
$694B
| $6.17M | 0.77% |
48,311
+12,222
| +34% | +$1.69M |
2016 Q4
8 quarters
|
|
25
Schwab US Mid-Cap ETF
SCHM
$14.4B
| $5.98M | 0.75% |
374,424
-79,350
| -17% | -$1.39M |
2017 Q3
5 quarters
|
|
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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.