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Phraction Management Portfolio holdings

AUM $596M
1-Year Est. Return 36.77%
This Fund
S&P 500
This Quarter Est. Return
-5.79%
1 Year Est. Return
+36.77%
3 Year Est. Return
+89.69%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$132M
AUM Growth
-$19.7M
Cap. Flow
-$10.5M
Cap. Flow %
-7.91%
Top 10 Hldgs %
57.36%
Holding
65
New
1
Increased
18
Reduced
25
Closed
17

Top Buys

Rank Stock Value
1
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$5.08M
2
PM icon
Philip Morris
PM
+$2.57M
3
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$909K
4
WFC.PRL icon
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
+$889K
5
ADI icon
Analog Devices
ADI
+$868K

Top Sells

Rank Stock Value
1
RTX icon
RTX Corp
RTX
+$2.18M
2
OTIS icon
Otis Worldwide
OTIS
+$1.71M
3
ABT icon
Abbott
ABT
+$1.7M
4
FLOT icon
iShares Floating Rate Bond ETF
FLOT
+$1.63M
5
AMT icon
American Tower
AMT
+$1.49M

Sector Composition

Rank Sector Weight
1 Financials 17.32%
2 Technology 17.3%
3 Industrials 12.6%
4 Communication Services 11.38%
5 Healthcare 10.54%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CSGP icon
51
CoStar Group
CSGP
$11.1B
– –
-12,210
Closed -$738K
FLOT icon
52
iShares Floating Rate Bond ETF
FLOT
$10.1B
– –
-32,600
Closed -$1.63M
GDX icon
53
VanEck Gold Miners ETF
GDX
$22.9B
– –
-7,450
Closed -$204K
GFL icon
54
GFL Environmental
GFL
$14.1B
– –
-37,880
Closed -$977K
IAU icon
55
CALL
iShares Gold Trust
IAU
$62.9B
– –
-25,000
Closed -$858K
IGSB icon
56
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$22.8B
– –
-5,990
Closed -$303K
MKTW icon
57
MarketWise
MKTW
$52.4M
– –
-5,743
Closed -$413K
OTIS icon
58
Otis Worldwide
OTIS
$27.2B
– –
-24,145
Closed -$1.71M
PEP icon
59
PepsiCo
PEP
$184B
– –
-2,346
Closed -$391K
SBUX icon
60
Starbucks
SBUX
$118B
– –
-7,420
Closed -$567K
SGHC icon
61
SGHC Ltd
SGHC
$7.36B
– –
-12,660
Closed -$52K
SMG icon
62
ScottsMiracle-Gro
SMG
$3.93B
– –
-5,390
Closed -$426K
TIP icon
63
iShares TIPS Bond ETF
TIP
$14.5B
– –
-1,800
Closed -$205K
VRSK icon
64
Verisk Analytics
VRSK
$25.3B
– –
-1,550
Closed -$268K
BSX.PRA
65
DELISTED
Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A
BSX.PRA
– –
-3,310
Closed -$336K
1 2
3

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Phraction Management's Q3 2022 Portfolio in Review

As of Q3 2022, Phraction Management held 65 positions worth $132M, down 13% from $152M the previous quarter. Its ten largest holdings account for 57% of the portfolio.

Phraction Management withdrew a net $10.5M in Q3 2022, closing 17 positions and reducing 25 holdings. Its most notable exit was Otis Worldwide, an estimated $1.71M position sold in full.

By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 16% a quarter earlier, followed by Technology and Industrials.

Against the trend, Phraction Management opened a new position in Fomento Económico Mexicano worth $248K.

  • Phraction Management's largest Q3 2022 buy was Fomento Económico Mexicano: 3,951 shares worth $248K.
  • Phraction Management added most to Bank of America Series L in Q3 2022, an estimated $5.08M increase.
  • Phraction Management's biggest Q3 2022 reduction was RTX Corp, cutting an estimated $2.18M.
  • Phraction Management fully exited Otis Worldwide in Q3 2022, selling an estimated $1.71M.
  • Phraction Management's ten largest holdings make up 57% of its $132M portfolio in Q3 2022.
  • Phraction Management opened 1 new position and closed 17 in Q3 2022.
  • Phraction Management's portfolio value fell 13% quarter-over-quarter to $132M.

Based on Phraction Management's 13F filing for Q3 2022, filed 2 Nov 2022.