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MGAM
McGowan Group Asset Management Portfolio holdings
AUM
$785M
1-Year Est. Return
15.71%
This Fund
S&P 500
This Quarter
Est. Return
+1.33%
1 Year Est. Return
+15.71%
3 Year Est. Return
+51.88%
5 Year Est. Return
+54.33%
10 Year Est. Return
+77.22%
AUM
$633M
AUM Growth
-$8.15M
(-1.3%)
Cap. Flow
-$676M
Cap. Flow
% of AUM
-106.73%
Top 10 Holdings %
Top 10 Hldgs %
53.77%
Holding
142
New
9
Increased
50
Reduced
35
Closed
17
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVO
Novo Nordisk
NVO
|
+$20.3M |
| 2 |
Vistra
VST
|
+$17.2M |
| 3 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$9.5M |
| 4 |
Patterson-UTI
PTEN
|
+$3.77M |
| 5 |
ExxonMobil
XOM
|
+$3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bristol-Myers Squibb
BMY
|
+$14.6M |
| 2 |
ResMed
RMD
|
+$9.88M |
| 3 |
AY
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
|
+$9.72M |
| 4 |
Nuveen AMT-Free Quality Municipal Income Fund
NEA
|
+$7.16M |
| 5 |
Nuveen Quality Municipal Income Fund
NAD
|
+$7.13M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 14.91% |
| 2 | Healthcare | 11.09% |
| 3 | Financials | 9.08% |
| 4 | Technology | 3.34% |
| 5 | Utilities | 3.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PVL
76
Permianville Royalty Trust
PVL
$56.8M
| $356K | 0.06% |
140,247
| – | – |
|
77
JPMorgan Chase
JPM
$937B
| $344K | 0.05% |
2,375
-737
| -24% | -$110K |
|
78
Verizon
VZ
$198B
| $333K | 0.05% |
10,269
+3,810
| +59% | +$129K |
|
79
Meta Platforms (Facebook)
META
$1.5T
| $331K | 0.05% |
1,104
| – | – |
|
|
GDO
80
Western Asset Global Corporate Defined Opportunity Fund
GDO
$77.4M
| $316K | 0.05% |
26,669
-2,536
| -9% | -$31.1K |
|
81
ProShares UltraPro Short QQQ
SQQQ
$1.89B
| $303K | 0.05% |
+593
| New | +$278K |
|
82
McDonald's
MCD
$188B
| $303K | 0.05% |
1,149
-102
| -8% | -$29.1K |
|
83
Southern Company
SO
$107B
| $299K | 0.05% |
4,627
+102
| +2% | +$7.08K |
|
84
Duke Energy
DUK
$96.9B
| $294K | 0.05% |
3,329
-108
| -3% | -$9.9K |
|
85
Adobe
ADBE
$99.9B
| $293K | 0.05% |
575
+35
| +6% | +$18.4K |
|
86
Alphabet (Google) Class A
GOOGL
$4.57T
| $287K | 0.05% |
+2,196
| New | +$284K |
|
87
IBM
IBM
$213B
| $287K | 0.05% |
2,044
| – | – |
|
88
Nike
NKE
$63.3B
| $285K | 0.05% |
2,977
-13
| -0.4% | -$1.34K |
|
89
Qualcomm
QCOM
$159B
| $277K | 0.04% |
2,493
+2
| +0.1% | +$232 |
|
|
TPZ
90
Tortoise Electrification Infrastructure ETF
TPZ
$127M
| $277K | 0.04% |
20,698
+342
| +2% | +$4.66K |
|
91
iShares Core S&P US Value ETF
IUSV
$27.3B
| $268K | 0.04% |
3,587
| – | – |
|
92
Illinois Tool Works
ITW
$83B
| $264K | 0.04% |
1,147
-310
| -21% | -$75.6K |
|
93
Cisco
CSCO
$457B
| $264K | 0.04% |
4,903
+11
| +0.2% | +$593 |
|
94
RTX Corp
RTX
$292B
| $258K | 0.04% |
3,587
+33
| +0.9% | +$2.83K |
|
95
3M
MMM
$91.4B
| $258K | 0.04% |
3,293
-1,052
| -24% | -$90.3K |
|
96
Goldman Sachs Access Ultra Short Bond ETF
GSST
$1.58B
| $248K | 0.04% |
+4,961
| New | +$247K |
|
97
Williams Companies
WMB
$86.1B
| $247K | 0.04% |
7,335
+81
| +1% | +$2.76K |
|
98
Phillips 66
PSX
$82.7B
| $243K | 0.04% |
+2,019
| New | +$227K |
|
99
Lowe's Companies
LOW
$119B
| $242K | 0.04% |
1,165
-94
| -7% | -$21.1K |
|
|
100
Bristol-Myers Squibb
BMY
$134B
| $237K | 0.04% |
4,080
-238,118
| -98% | -$14.6M |
|
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McGowan Group Asset Management's Q3 2023 Portfolio in Review
As of Q3 2023, McGowan Group Asset Management held 142 positions worth $633M, down 1.3% from $642M the previous quarter. Its ten largest holdings account for 54% of the portfolio.
McGowan Group Asset Management withdrew a net $676M in Q3 2023, closing 17 positions and reducing 35 holdings. Its most notable exit was ResMed, an estimated $9.88M position sold in full.
By sector, the portfolio is most concentrated in Energy at 15% of assets, up from 13% a quarter earlier, followed by Healthcare and Financials.
Against the trend, McGowan Group Asset Management opened a new position in Novo Nordisk worth $21M.
- McGowan Group Asset Management's largest Q3 2023 buy was Novo Nordisk: 230,798 shares worth $21M.
- McGowan Group Asset Management added most to iShares 1-3 Year Treasury Bond ETF in Q3 2023, an estimated $9.5M increase.
- McGowan Group Asset Management's biggest Q3 2023 reduction was Bristol-Myers Squibb, cutting an estimated $14.6M.
- McGowan Group Asset Management fully exited ResMed in Q3 2023, selling an estimated $9.88M.
- McGowan Group Asset Management's ten largest holdings make up 54% of its $633M portfolio in Q3 2023.
- McGowan Group Asset Management opened 9 new positions and closed 17 in Q3 2023.
- McGowan Group Asset Management's portfolio value fell 1.3% quarter-over-quarter to $633M.
Based on McGowan Group Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.