PA

Parallel Advisors Portfolio holdings

AUM $6.56B Turnover 11.49%
1-Year Est. Return 32.24%
This Fund
S&P 500
This Quarter Est. Return
+8.75%
1 Year Est. Return
+32.24%
3 Year Est. Return
+108.68%
5 Year Est. Return
+114.41%
10 Year Est. Return
–
AUM
$3.69B
AUM Growth
+$319M
Cap. Flow
+$89M
Cap. Flow %
2.41%
Top 10 Hldgs %
34.5%
Holding
3,484
New
163
Increased
1,467
Reduced
807
Closed
181
Avg Time Held Equity + Options
4.2 years
Top 10 Avg Time Held Equity + Options
1.9 years
Top 20 Avg Time Held Equity + Options
3 years
Avg Time Held Equity only
4.2 years
Top 10 Avg Time Held Equity only
1.9 years
Top 20 Avg Time Held Equity only
3 years

Top Buys

Rank Stock Value
1
RSP icon
Invesco S&P 500 Equal Weight ETF
RSP
+$50.7M
2
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$21.6M
3
JMBS icon
Janus Henderson Mortgage-Backed Securities ETF
JMBS
+$15.3M
4
IVV icon
iShares Core S&P 500 ETF
IVV
+$7.94M
5
AAPL icon
Apple
AAPL
+$4.05M

Top Sells

Rank Stock Value
1
ITOT icon
iShares Core S&P Total US Stock Market ETF
ITOT
+$43.6M
2
SHV icon
iShares 0-1 Year Treasury Bond ETF
SHV
+$32.8M
3
EMXC icon
iShares MSCI Emerging Markets ex China ETF
EMXC
+$3.62M
4
NVDA icon
NVIDIA
NVDA
+$1.54M
5
SCHD icon
Schwab US Dividend Equity ETF
SCHD
+$1.39M

Sector Composition

Rank Sector Weight
1 Miscellaneous 48.78%
2 Technology 15.28%
3 Healthcare 8.29%
4 Financials 6.97%
5 Communication Services 4.77%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
MAXN icon
3351
DELISTED
Maxeon Solar Technologies
MAXN
– –
0
– -$208
2024 Q1
0 quarters
MBLY icon
3352
Mobileye
MBLY
$6.08B
– –
-150
Closed -$6.5K –
MED icon
3353
Medifast
MED
$132M
– –
-321
Closed -$21.6K –
ONT icon
3354
Onterris Inc
ONT
$476M
– –
-15
Closed -$482 –
MEM icon
3355
Matthews Emerging Markets Equity Active ETF
MEM
$49.4M
– –
-1,065
Closed -$30.1K –
MLAB icon
3356
Mesa Laboratories
MLAB
$706M
– –
-16
Closed -$1.68K –
MLNK icon
3357
DELISTED
MeridianLink
MLNK
– –
-853
Closed -$21.1K –
MLPA icon
3358
Global X MLP ETF
MLPA
$2.27B
– –
-235
Closed -$10.4K –
MURA icon
3359
DELISTED
Mural Oncology
MURA
– –
-10
Closed -$59 –
MX icon
3360
Magnachip Semiconductor
MX
$199M
– –
-322
Closed -$2.42K –
NOVA icon
3361
DELISTED
Sunnova Energy
NOVA
– –
-227
Closed -$3.46K –
NXTG icon
3362
First Trust Indxx NextG ETF
NXTG
$548M
– –
-118
Closed -$9.05K –
OMFL icon
3363
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
$4.77B
– –
-1,160
Closed -$59.6K –
ONLN icon
3364
ProShares Online Retail ETF
ONLN
$58.4M
– –
-48
Closed -$1.73K –
OPK icon
3365
Opko Health
OPK
$1.02B
– –
-1,208
Closed -$1.82K –
PAHC icon
3366
Phibro Animal Health
PAHC
$1.54B
– –
-65
Closed -$753 –
PCM icon
3367
PCM Fund
PCM
$60.5M
– –
-14
Closed -$115 –
PGC icon
3368
Peapack-Gladstone Financial
PGC
$759M
– –
-781
Closed -$23.3K –
PLCE icon
3369
Children's Place
PLCE
$26.5M
– –
-14
Closed -$325 –
PSI icon
3370
Invesco Semiconductors ETF
PSI
$2.73B
– –
-12
Closed -$596 –
PUMP icon
3371
ProPetro Holding
PUMP
$1.01B
– –
-333
Closed -$2.79K –
QTRX icon
3372
Quanterix
QTRX
$145M
– –
-6
Closed -$164 –
REI icon
3373
Ring Energy
REI
$344M
– –
-348
Closed -$508 –
REPL icon
3374
Replimune Group
REPL
$1.07B
– –
-150
Closed -$1.26K –
RES icon
3375
RPC Inc
RES
$1.32B
– –
-44
Closed -$320 –
133 134
135
136 137

Similar funds

AAM
Advisors Asset Management Monument, Colorado $6.56B AUM 35.09% 1-Year Est. Return
GRP
Global Retirement Partners San Rafael, California $6.54B AUM
KGA
K5 Global Advisor Miami Beach, Florida $6.59B AUM
WHRC
W.H. Reaves & Co Jersey City, New Jersey $6.59B AUM 31.9% 1-Year Est. Return
AWA
Arkadios Wealth Advisors Atlanta, Georgia $6.6B AUM 30.67% 1-Year Est. Return
SWP
Sagespring Wealth Partners Franklin, Tennessee $6.51B AUM 25.32% 1-Year Est. Return
CRC
Curi RMB Capital Chicago, Illinois $6.48B AUM 30.25% 1-Year Est. Return
MIP
Mondrian Investment Partners London, United Kingdom $6.48B AUM 18.36% 1-Year Est. Return

Parallel Advisors's Q1 2024 Portfolio in Review

As of Q1 2024, Parallel Advisors held 3,484 positions worth $3.69B, up 9.5% from $3.37B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Parallel Advisors's Q1 2024 filing shows 163 new, 1,467 increased, 807 reduced and 181 closed positions. Its largest new stake was Janus Henderson Mortgage-Backed Securities ETF: 338,790 shares worth $15.3M. The largest sale was iShares Core S&P Total US Stock Market ETF, an estimated $43.6M.

By sector, the portfolio is most concentrated in Miscellaneous at 49% of assets, down from 49% a quarter earlier, followed by Technology and Healthcare.

  • Parallel Advisors's largest Q1 2024 buy was Janus Henderson Mortgage-Backed Securities ETF: 338,790 shares worth $15.3M.
  • Parallel Advisors added most to Invesco S&P 500 Equal Weight ETF in Q1 2024, an estimated $50.7M increase.
  • Parallel Advisors's biggest Q1 2024 reduction was iShares Core S&P Total US Stock Market ETF, cutting an estimated $43.6M.
  • Parallel Advisors fully exited Lions Gate Entertainment Corp. Class B Non-Voting Shares in Q1 2024, selling an estimated $335K.
  • Parallel Advisors's ten largest holdings make up 35% of its $3.69B portfolio in Q1 2024.
  • Parallel Advisors opened 163 new positions and closed 181 in Q1 2024.
  • Parallel Advisors's portfolio value rose 9.5% quarter-over-quarter to $3.69B.

Based on Parallel Advisors's 13F filing for Q1 2024, filed 6 May 2024.