NR
Newfound Research Portfolio holdings
AUM
$40.8M
Turnover
15.49%
1-Year Est. Return
12.42%
This Fund
S&P 500
This Quarter
Est. Return
-2.83%
1 Year Est. Return
-12.42%
3 Year Est. Return
+54.59%
5 Year Est. Return
+89.01%
10 Year Est. Return
–
AUM
$144M
AUM Growth
-$32.1M
(-18%)
Cap. Flow
-$26.2M
Cap. Flow
% of AUM
-18.19%
Top 10 Holdings %
Top 10 Hldgs %
86.29%
Holding
235
New
6
Increased
67
Reduced
52
Closed
33
Avg Time Held
1.8
years
Top 10 Avg Time Held
0.1
years
Top 20 Avg Time Held
0.5
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$70.8M |
| 2 |
Vanguard Real Estate ETF
VNQ
|
+$5.05M |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$3.77M |
| 4 |
iShares Global Consumer Staples ETF
KXI
|
+$2.74M |
| 5 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$1.84M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco Senior Loan ETF
BKLN
|
+$13.3M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$12.2M |
| 3 |
iShares Global Energy ETF
IXC
|
+$8.85M |
| 4 |
iShares Global Consumer Discretionary ETF
RXI
|
+$8.73M |
| 5 |
State Street Communication Services Select Sector SPDR ETF
XLC
|
+$6.12M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 99.93% |
| 2 | Healthcare | 0.01% |
| 3 | Technology | 0.01% |
| 4 | Financials | 0.01% |
| 5 | Consumer Staples | 0.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
151
GameStop
GME
$13.6B
| $0 | ﹤0.01% |
104
| – | – |
2016 Q2
10 quarters
|
|
152
Goodyear
GT
$1.26B
| $0 | ﹤0.01% |
22
-1
| -4% | -$22 |
2016 Q2
10 quarters
|
|
153
iShares Convertible Bond ETF
ICVT
$7.7B
| – | – |
-12,470
| Closed | -$746K | – |
|
154
International Paper
IP
$16.9B
| $0 | ﹤0.01% |
10
| – | – |
2016 Q2
10 quarters
|
|
155
DELISTED
Interpublic Group of Companies
IPG
| $0 | ﹤0.01% |
5
| – | – |
2018 Q1
3 quarters
|
|
156
Northern Trust International Quality Dividend ETF
IQDF
$1.13B
| $0 | ﹤0.01% |
7
+1
| +17% | +$22 |
2017 Q1
7 quarters
|
|
|
157
iShares Global Energy ETF
IXC
$3.25B
| – | – |
-234,644
| Closed | -$8.85M | – |
|
158
iShares Global Comm Services ETF
IXP
$604M
| – | – |
-75,757
| Closed | -$4.38M | – |
|
159
JPMorgan Chase
JPM
$889B
| – | – |
-14
| Closed | -$2K | – |
|
160
KeyCorp
KEY
$21B
| $0 | ﹤0.01% |
32
+1
| +3% | +$18 |
2018 Q1
3 quarters
|
|
161
Kimberly-Clark
KMB
$32.9B
| $0 | ﹤0.01% |
+2
| New | +$222 |
2018 Q4
0 quarters
|
|
162
Lennar Class A
LEN
$17.4B
| $0 | ﹤0.01% |
2
| – | – |
2016 Q2
10 quarters
|
|
163
Labcorp
LH
$25.7B
| $0 | ﹤0.01% |
1
| – | – |
2016 Q2
10 quarters
|
|
164
Northern Trust Credit-Scored US Long Corporate Bond ETF
LKOR
$30.7M
| $0 | ﹤0.01% |
4
| – | – |
2017 Q1
7 quarters
|
|
165
Lincoln National
LNC
$7.68B
| $0 | ﹤0.01% |
4
| – | – |
2016 Q2
10 quarters
|
|
166
McKesson
MCK
$114B
| $0 | ﹤0.01% |
2
| – | – |
2016 Q2
10 quarters
|
|
167
Global X MLP ETF
MLPA
$2.27B
| – | – |
-9,183
| Closed | -$526K | – |
|
168
The Mosaic Company
MOS
$6.03B
| $0 | ﹤0.01% |
3
| – | – |
2018 Q1
3 quarters
|
|
169
Norwegian Cruise Line
NCLH
$6.81B
| $0 | ﹤0.01% |
+1
| New | +$48 |
2018 Q4
0 quarters
|
|
170
PG&E
PCG
$39.4B
| $0 | ﹤0.01% |
13
+6
| +86% | +$215 |
2018 Q3
1 quarter
|
|
171
Public Service Enterprise Group
PEG
$35B
| – | – |
-12
| Closed | -$1K | – |
|
172
Pfizer
PFE
$167B
| $0 | ﹤0.01% |
12
| – | – |
2018 Q1
3 quarters
|
|
173
iShares Preferred and Income Securities ETF
PFF
$12B
| – | – |
-147,109
| Closed | -$5.46M | – |
|
174
Principal Financial Group
PFG
$22.9B
| $0 | ﹤0.01% |
3
| – | – |
2016 Q2
10 quarters
|
|
175
VanEck Preferred Securities ex Financials ETF
PFXF
$2.29B
| – | – |
-238,962
| Closed | -$4.64M | – |
|
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Newfound Research's Q4 2018 Portfolio in Review
As of Q4 2018, Newfound Research held 235 positions worth $144M, down 18% from $176M the previous quarter. Its ten largest holdings account for 86% of the portfolio.
Newfound Research withdrew a net $26.2M in Q4 2018, closing 33 positions and reducing 52 holdings. Its most notable exit was iShares Global Energy ETF, an estimated $8.85M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 100% of assets, up from 100% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Newfound Research opened a new position in iShares 1-3 Year Treasury Bond ETF worth $71.3M.
- Newfound Research's largest Q4 2018 buy was iShares 1-3 Year Treasury Bond ETF: 852,064 shares worth $71.3M.
- Newfound Research added most to Vanguard Real Estate ETF in Q4 2018, an estimated $5.05M increase.
- Newfound Research's biggest Q4 2018 reduction was Invesco Senior Loan ETF, cutting an estimated $13.3M.
- Newfound Research fully exited iShares Global Energy ETF in Q4 2018, selling an estimated $8.85M.
- Newfound Research's ten largest holdings make up 86% of its $144M portfolio in Q4 2018.
- Newfound Research opened 6 new positions and closed 33 in Q4 2018.
- Newfound Research's portfolio value fell 18% quarter-over-quarter to $144M.
Based on Newfound Research's 13F filing for Q4 2018, filed 25 Jan 2019.