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Parallel Advisors Portfolio holdings

AUM $6.56B
1-Year Est. Return 32.24%
This Fund
S&P 500
This Quarter Est. Return
+6.96%
1 Year Est. Return
+32.24%
3 Year Est. Return
+108.68%
5 Year Est. Return
+114.4%
10 Year Est. Return
–
AUM
$2.97B
AUM Growth
+$660M
Cap. Flow
+$542M
Cap. Flow %
18.28%
Top 10 Hldgs %
31.64%
Holding
3,611
New
265
Increased
1,485
Reduced
936
Closed
189

Top Buys

Rank Stock Value
1
SHV icon
iShares 0-1 Year Treasury Bond ETF
SHV
+$38.1M
2
SCHD icon
Schwab US Dividend Equity ETF
SCHD
+$28.4M
3
VB icon
Vanguard Morningstar Small-Cap ETF
VB
+$28.1M
4
AAPL icon
Apple
AAPL
+$18.1M
5
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$17.6M

Top Sells

Rank Stock Value
1
XLE icon
State Street Energy Select Sector SPDR ETF
XLE
+$21.8M
2
ICSH icon
iShares Ultra Short Duration Bond Active ETF
ICSH
+$16.1M
3
EEMV icon
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
+$12.7M
4
IEFA icon
iShares Core MSCI EAFE ETF
IEFA
+$12.1M
5
TIP icon
iShares TIPS Bond ETF
TIP
+$9.77M

Sector Composition

Rank Sector Weight
1 Technology 13.87%
2 Healthcare 8.82%
3 Financials 6.99%
4 Consumer Discretionary 4.35%
5 Communication Services 3.88%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MRUS
3326
DELISTED
Merus
MRUS
$110 ﹤0.01%
+6
New +$105
BCYC
3327
Bicycle Therapeutics
BCYC
$292M
$106 ﹤0.01%
5
– –
LZ icon
3328
LegalZoom.com
LZ
$988M
$103 ﹤0.01%
11
– –
MNRO icon
3329
Monro
MNRO
$398M
$99 ﹤0.01%
2
– –
UCTT
3330
Ultra Clean Holdings
UCTT
$3.95B
$99 ﹤0.01%
3
– –
CWAN
3331
DELISTED
Clearwater Analytics
CWAN
$96 ﹤0.01%
6
-8
-57% -$140
ALEC icon
3332
Alector
ALEC
$199M
$93 ﹤0.01%
15
– –
NABL icon
3333
N-able
NABL
$940M
$92 ﹤0.01%
7
– –
AKTS
3334
DELISTED
Akoustis Technologies Inc
AKTS
$92 ﹤0.01%
30
– –
NAVB
3335
DELISTED
Navidea Biopharmaceuticals Inc.
NAVB
$91 ﹤0.01%
350
– –
GRWG icon
3336
GrowGeneration
GRWG
$90.7M
$89 ﹤0.01%
26
– –
FFAI
3337
Faraday Future Intelligent Electric
FFAI
$10.5M
– –
0
– –
PSDN
3338
DELISTED
AdvisorShares Poseidon Dynamic Cannabis ETF
PSDN
$88 ﹤0.01%
70
– –
AUY
3339
DELISTED
Yamana Gold, Inc.
AUY
$88 ﹤0.01%
15
– –
IRBT
3340
DELISTED
iRobot
IRBT
$87 ﹤0.01%
+2
New +$89
YOLO icon
3341
AdvisorShares Pure Cannabis ETF
YOLO
$31.1M
$87 ﹤0.01%
+30
New +$104
OGI
3342
Organigram Holdings
OGI
$139M
$83 ﹤0.01%
33
– –
LASR icon
3343
nLIGHT
LASR
$3.17B
$81 ﹤0.01%
8
– –
BALY icon
3344
Bally's
BALY
$658M
$78 ﹤0.01%
+4
New +$78
DOO
3345
Bombardier Recreational Products
DOO
$4.77B
$78 ﹤0.01%
+1
New +$82
LGND icon
3346
Ligand Pharmaceuticals
LGND
$6.36B
$74 ﹤0.01%
1
– –
BW icon
3347
Babcock & Wilcox
BW
$1.39B
$73 ﹤0.01%
12
– –
ZIMV
3348
DELISTED
ZimVie
ZIMV
$72 ﹤0.01%
10
-1
-9% -$9
AVDX
3349
DELISTED
AvidXchange
AVDX
$70 ﹤0.01%
9
– –
CCSI icon
3350
Consensus Cloud Solutions
CCSI
$647M
$68 ﹤0.01%
2
– –
132 133
134
135 136

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HFS
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OCM
Oaktree Capital Management Los Angeles, California $6.56B AUM 42.97% 1-Year Est. Return
LAM
Lyrical Asset Management New York $6.56B AUM 20.06% 1-Year Est. Return
BF
BOK Financial Tulsa, Oklahoma $6.54B AUM 25.41% 1-Year Est. Return
NMIMC
Northwestern Mutual Investment Management Company Milwaukee, Wisconsin $6.6B AUM 19.75% 1-Year Est. Return
CG
Carmignac Gestion Paris, France $6.51B AUM 19.13% 1-Year Est. Return
TCM
Tenor Capital Management New York $6.49B AUM 3% 1-Year Est. Return
HI
Harbour Investments Madison, Wisconsin $6.48B AUM 18.23% 1-Year Est. Return

Parallel Advisors's Q1 2023 Portfolio in Review

As of Q1 2023, Parallel Advisors held 3,611 positions worth $2.97B, up 29% from $2.31B the previous quarter. Its ten largest holdings account for 32% of the portfolio.

Parallel Advisors deployed $542M of net new capital in Q1 2023, opening 265 new positions and adding to 1,485 existing holdings. Its largest new stake was Vanguard International Dividend Appreciation ETF: 74,827 shares worth $5.51M.

By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.

On the sell side, the largest reduction was State Street Energy Select Sector SPDR ETF, an estimated $21.8M trimmed.

  • Parallel Advisors's largest Q1 2023 buy was Vanguard International Dividend Appreciation ETF: 74,827 shares worth $5.51M.
  • Parallel Advisors added most to iShares 0-1 Year Treasury Bond ETF in Q1 2023, an estimated $38.1M increase.
  • Parallel Advisors's biggest Q1 2023 reduction was State Street Energy Select Sector SPDR ETF, cutting an estimated $21.8M.
  • Parallel Advisors fully exited 1Life Healthcare in Q1 2023, selling an estimated $1.96M.
  • Parallel Advisors's ten largest holdings make up 32% of its $2.97B portfolio in Q1 2023.
  • Parallel Advisors opened 265 new positions and closed 189 in Q1 2023.
  • Parallel Advisors's portfolio value rose 29% quarter-over-quarter to $2.97B.

Based on Parallel Advisors's 13F filing for Q1 2023, filed 25 Apr 2023.