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
-2.89%
1 Year Est. Return
+37.12%
3 Year Est. Return
+92.23%
5 Year Est. Return
+115.57%
10 Year Est. Return
–
AUM
$1.55B
AUM Growth
-$113M
(-6.8%)
Cap. Flow
-$51.6M
Cap. Flow
% of AUM
-3.32%
Top 10 Holdings %
Top 10 Hldgs %
22.79%
Holding
882
New
80
Increased
269
Reduced
359
Closed
123
Avg Time Held Equity + Options
2.7
years
Top 10 Avg Time Held Equity + Options
1.8
years
Top 20 Avg Time Held Equity + Options
1.9
years
Avg Time Held Equity only
2.7
years
Top 10 Avg Time Held Equity only
1.8
years
Top 20 Avg Time Held Equity only
1.9
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Level Four Large Cap Growth Active ETF
LGRO
|
+$49.8M |
| 2 |
Salesforce
CRM
|
+$7.12M |
| 3 |
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
|
+$5.39M |
| 4 |
VanEck Morningstar Wide Moat ETF
MOAT
|
+$4.67M |
| 5 |
Invesco S&P MidCap Momentum ETF
XMMO
|
+$3.59M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$49.5M |
| 2 |
State Street SPDR Portfolio S&P 500 ETF
SPYM
|
+$19.8M |
| 3 |
AbbVie
ABBV
|
+$6.73M |
| 4 |
Abbott
ABT
|
+$6.2M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$5.31M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 39.94% |
| 2 | Technology | 17.68% |
| 3 | Healthcare | 7.75% |
| 4 | Financials | 7.02% |
| 5 | Consumer Staples | 6.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.01T
| $95.7M | 6.17% |
559,185
-15,702
| -3% | -$2.88M |
2016 Q4
27 quarters
|
|
|
2
Level Four Large Cap Growth Active ETF
LGRO
$146M
| $48.1M | 3.1% |
+1,973,520
| New | +$49.8M |
2023 Q3
0 quarters
|
|
3
Microsoft
MSFT
$3.96T
| $38.3M | 2.47% |
121,309
+2,430
| +2% | +$803K |
2016 Q4
27 quarters
|
|
4
WisdomTree Floating Rate Treasury Fund
USFR
$20.8B
| $32.1M | 2.07% |
638,018
+3,402
| +0.5% | +$171K |
2022 Q2
5 quarters
|
|
5
Amazon
AMZN
$2.74T
| $31.2M | 2.01% |
245,818
+6,126
| +3% | +$821K |
2016 Q4
27 quarters
|
|
6
Conagra Brands
CAG
$6.61B
| $26.8M | 1.73% |
976,671
-1,486
| -0.2% | -$45.8K |
2021 Q2
9 quarters
|
|
|
7
VanEck Morningstar Wide Moat ETF
MOAT
$11.6B
| $25.3M | 1.63% |
333,177
+58,707
| +21% | +$4.67M |
2017 Q1
26 quarters
|
|
|
8
AbbVie
ABBV
$501B
| $19.4M | 1.25% |
130,283
-45,817
| -26% | -$6.73M |
2016 Q4
27 quarters
|
|
9
Lamb Weston
LW
$7.31B
| $18.7M | 1.21% |
202,525
-5
| -0% | -$507 |
2021 Q2
9 quarters
|
|
10
Alphabet (Google) Class A
GOOGL
$4.25T
| $17.8M | 1.15% |
136,303
+7,962
| +6% | +$1.03M |
2016 Q4
27 quarters
|
|
11
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
$7.9B
| $15.5M | 1% |
155,247
-9,171
| -6% | -$916K |
2019 Q1
18 quarters
|
|
12
UnitedHealth
UNH
$355B
| $15.2M | 0.98% |
30,218
+622
| +2% | +$306K |
2016 Q4
27 quarters
|
|
|
13
State Street SPDR Portfolio S&P 500 ETF
SPYM
$178B
| $15.2M | 0.98% |
302,612
-377,922
| -56% | -$19.8M |
2020 Q1
14 quarters
|
|
14
Pacer Trendpilot US Large Cap ETF
PTLC
$3.33B
| $14.6M | 0.94% |
364,568
-30,405
| -8% | -$1.26M |
2019 Q1
18 quarters
|
|
15
NVIDIA
NVDA
$5.34T
| $11.9M | 0.77% |
272,860
-36,300
| -12% | -$1.63M |
2017 Q3
24 quarters
|
|
16
Berkshire Hathaway Class B
BRK.B
$1.13T
| $11.2M | 0.72% |
32,012
-2,179
| -6% | -$773K |
2016 Q4
27 quarters
|
|
17
ExxonMobil
XOM
$728B
| $11.1M | 0.72% |
94,726
+9,738
| +11% | +$1.07M |
2016 Q4
27 quarters
|
|
18
JPMorgan Chase
JPM
$890B
| $11M | 0.71% |
75,725
-13,194
| -15% | -$1.98M |
2016 Q4
27 quarters
|
|
19
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.6B
| $11M | 0.71% |
398,437
-33,496
| -8% | -$936K |
2019 Q4
15 quarters
|
|
20
iShares 20+ Year Treasury Bond ETF
TLT
$49B
| $10.2M | 0.66% |
114,646
+8,508
| +8% | +$818K |
2023 Q1
2 quarters
|
|
21
Fidelity Total Bond ETF
FBND
$28.1B
| $9.62M | 0.62% |
220,802
+7,165
| +3% | +$320K |
2023 Q2
1 quarter
|
|
22
Vanguard Total Bond Market
BND
$162B
| $9.34M | 0.6% |
133,874
+20,003
| +18% | +$1.43M |
2016 Q4
27 quarters
|
|
23
Uber
UBER
$142B
| $9.3M | 0.6% |
202,140
-3,918
| -2% | -$179K |
2020 Q1
14 quarters
|
|
24
Home Depot
HD
$295B
| $9.23M | 0.6% |
30,563
-547
| -2% | -$176K |
2016 Q4
27 quarters
|
|
25
Distillate US Fundamental Stability & Value ETF
DSTL
$2.05B
| $9.12M | 0.59% |
204,375
-7,308
| -3% | -$336K |
2022 Q4
3 quarters
|
|
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Level Four Advisory Services's Q3 2023 Portfolio in Review
As of Q3 2023, Level Four Advisory Services held 882 positions worth $1.55B, down 6.8% from $1.66B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Level Four Advisory Services withdrew a net $51.6M in Q3 2023, closing 123 positions and reducing 359 holdings. Its most notable exit was Invesco QQQ Trust, an estimated $49.5M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 40% of assets, up from 40% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Level Four Advisory Services opened a new position in Level Four Large Cap Growth Active ETF worth $48.1M.
- Level Four Advisory Services's largest Q3 2023 buy was Level Four Large Cap Growth Active ETF: 1,973,520 shares worth $48.1M.
- Level Four Advisory Services added most to State Street SPDR S&P 600 Small Cap Growth ETF in Q3 2023, an estimated $5.39M increase.
- Level Four Advisory Services's biggest Q3 2023 reduction was State Street SPDR Portfolio S&P 500 ETF, cutting an estimated $19.8M.
- Level Four Advisory Services fully exited Invesco QQQ Trust in Q3 2023, selling an estimated $49.5M.
- Level Four Advisory Services's ten largest holdings make up 23% of its $1.55B portfolio in Q3 2023.
- Level Four Advisory Services opened 80 new positions and closed 123 in Q3 2023.
- Level Four Advisory Services's portfolio value fell 6.8% quarter-over-quarter to $1.55B.
Based on Level Four Advisory Services's 13F filing for Q3 2023, filed 13 Nov 2023.