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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
-15.74%
1 Year Est. Return
+37.12%
3 Year Est. Return
+92.23%
5 Year Est. Return
+115.57%
10 Year Est. Return
–
AUM
$834M
AUM Growth
-$1.69B
(-67%)
Cap. Flow
-$180M
Cap. Flow
% of AUM
-21.61%
Top 10 Holdings %
Top 10 Hldgs %
24.96%
Holding
599
New
37
Increased
200
Reduced
235
Closed
113
Avg Time Held Equity + Options
2.3
years
Top 10 Avg Time Held Equity + Options
0.6
years
Top 20 Avg Time Held Equity + Options
0.7
years
Avg Time Held Equity only
2.3
years
Top 10 Avg Time Held Equity only
0.6
years
Top 20 Avg Time Held Equity only
0.7
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR MSCI USA StrategicFactors ETF
QUS
|
+$31.8M |
| 2 |
First Trust Preferred Securities and Income ETF
FPE
|
+$12.6M |
| 3 |
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
|
+$9.97M |
| 4 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$5.55M |
| 5 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$5.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Global Payments
GPN
|
+$53.2M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$37.3M |
| 3 |
Enterprise Products Partners
EPD
|
+$23.6M |
| 4 |
FSD
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
|
+$19.8M |
| 5 |
Synovus
SNV
|
+$15.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 53.38% |
| 2 | Technology | 11.73% |
| 3 | Healthcare | 6.43% |
| 4 | Financials | 6.31% |
| 5 | Consumer Discretionary | 5.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
iShares MSCI USA Min Vol Factor ETF
USMV
$23.8B
| $36.1M | 4.33% |
667,629
-28,722
| -4% | -$1.82M |
2016 Q4
13 quarters
|
|
2
Apple
AAPL
$5.01T
| $32.9M | 3.94% |
516,704
+52,080
| +11% | +$3.83M |
2016 Q4
13 quarters
|
|
|
3
State Street SPDR MSCI USA StrategicFactors ETF
QUS
$1.59B
| $27M | 3.23% |
+352,945
| New | +$31.8M |
2020 Q1
0 quarters
|
|
4
Invesco QQQ Trust
QQQ
$488B
| $21.6M | 2.6% |
113,634
+3,149
| +3% | +$667K |
2019 Q4
1 quarter
|
|
5
Amazon
AMZN
$2.74T
| $20.4M | 2.44% |
208,600
+47,380
| +29% | +$4.59M |
2016 Q4
13 quarters
|
|
6
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.46B
| $17.1M | 2.05% |
334,822
-8,520
| -2% | -$442K |
2017 Q4
9 quarters
|
|
7
Microsoft
MSFT
$3.96T
| $16.2M | 1.94% |
102,402
-8,032
| -7% | -$1.32M |
2016 Q4
13 quarters
|
|
8
State Street DoubleLine Total Return Tactical ETF
TOTL
$3.65B
| $15.4M | 1.85% |
322,198
-6,660
| -2% | -$327K |
2018 Q3
6 quarters
|
|
|
9
First Trust Preferred Securities and Income ETF
FPE
$5.93B
| $10.8M | 1.3% |
+659,269
| New | +$12.6M |
2020 Q1
0 quarters
|
|
|
10
iShares Core S&P 500 ETF
IVV
$887B
| $10.7M | 1.28% |
41,417
-121,677
| -75% | -$37.3M |
2016 Q4
13 quarters
|
|
|
11
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$7.14B
| $10.1M | 1.21% |
+329,501
| New | +$9.97M |
2020 Q1
0 quarters
|
|
12
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.32B
| $9.73M | 1.17% |
156,748
-25,592
| -14% | -$1.8M |
2016 Q4
13 quarters
|
|
|
13
iShares 7-10 Year Treasury Bond ETF
IEF
$41.4B
| $9.07M | 1.09% |
74,688
+46,065
| +161% | +$5.3M |
2017 Q3
10 quarters
|
|
14
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.37B
| $7.8M | 0.94% |
195,556
-29,740
| -13% | -$1.48M |
2017 Q4
9 quarters
|
|
15
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
$1.71B
| $7.26M | 0.87% |
277,811
-7,841
| -3% | -$247K |
2016 Q4
13 quarters
|
|
16
UnitedHealth
UNH
$355B
| $7.16M | 0.86% |
28,918
-374
| -1% | -$103K |
2016 Q4
13 quarters
|
|
17
Davis Select US Equity ETF
DUSA
$1.26B
| $6.95M | 0.83% |
357,262
-14,799
| -4% | -$359K |
2018 Q3
6 quarters
|
|
18
State Street SPDR S&P 500 ETF Trust
SPY
$813B
| $6.74M | 0.81% |
26,123
-4,227
| -14% | -$1.29M |
2016 Q4
13 quarters
|
|
19
iShares Core S&P US Growth ETF
IUSG
$34B
| $6.66M | 0.8% |
116,671
-3,033
| -3% | -$200K |
2017 Q1
12 quarters
|
|
20
Alphabet (Google) Class A
GOOGL
$4.25T
| $6.17M | 0.74% |
106,520
-3,800
| -3% | -$258K |
2016 Q4
13 quarters
|
|
21
Berkshire Hathaway Class B
BRK.B
$1.13T
| $6.14M | 0.74% |
33,542
-2,752
| -8% | -$585K |
2016 Q4
13 quarters
|
|
22
iShares Core S&P US Value ETF
IUSV
$27.7B
| $6.03M | 0.72% |
130,542
-1,841
| -1% | -$106K |
2017 Q1
12 quarters
|
|
23
Dominion Energy
D
$55.2B
| $6.03M | 0.72% |
83,533
-1,824
| -2% | -$149K |
2016 Q4
13 quarters
|
|
|
24
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.6B
| $5.99M | 0.72% |
181,177
+174,202
| +2,498% | +$5.55M |
2019 Q4
1 quarter
|
|
25
AT&T
T
$158B
| $5.54M | 0.66% |
251,445
-27,515
| -10% | -$752K |
2016 Q4
13 quarters
|
|
Similar funds
Level Four Advisory Services's Q1 2020 Portfolio in Review
As of Q1 2020, Level Four Advisory Services held 599 positions worth $834M, down 67% from $2.53B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Level Four Advisory Services withdrew a net $180M in Q1 2020, closing 113 positions and reducing 235 holdings. Its most notable exit was FIRST TRUST HIGH INCOME LONG/SHORT FUND, an estimated $19.8M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 53% of assets, up from 28% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Level Four Advisory Services opened a new position in State Street SPDR MSCI USA StrategicFactors ETF worth $27M.
- Level Four Advisory Services's largest Q1 2020 buy was State Street SPDR MSCI USA StrategicFactors ETF: 352,945 shares worth $27M.
- Level Four Advisory Services added most to State Street SPDR Portfolio Intermediate Term Treasury ETF in Q1 2020, an estimated $5.55M increase.
- Level Four Advisory Services's biggest Q1 2020 reduction was Global Payments, cutting an estimated $53.2M.
- Level Four Advisory Services fully exited FIRST TRUST HIGH INCOME LONG/SHORT FUND in Q1 2020, selling an estimated $19.8M.
- Level Four Advisory Services's ten largest holdings make up 25% of its $834M portfolio in Q1 2020.
- Level Four Advisory Services opened 37 new positions and closed 113 in Q1 2020.
- Level Four Advisory Services's portfolio value fell 67% quarter-over-quarter to $834M.
Based on Level Four Advisory Services's 13F filing for Q1 2020, filed 13 May 2020.