Provident Wealth Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
|
+$3.09M |
| 2 |
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
|
+$1.64M |
| 3 |
iShares Biotechnology ETF
IBB
|
+$1.61M |
| 4 |
iShares Core 10+ Year USD Bond ETF
ILTB
|
+$442K |
| 5 |
Vanguard Long-Term Bond ETF
BLV
|
+$438K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$11.5M |
| 2 |
iShares Morningstar Mid-Cap Growth ETF
IMCG
|
+$2.51M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.11M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$2.02M |
| 5 |
Schwab US Mid-Cap ETF
SCHM
|
+$2.01M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 88.75% |
| 2 | Technology | 1.89% |
| 3 | Industrials | 1.84% |
| 4 | Consumer Staples | 1.59% |
| 5 | Consumer Discretionary | 1.53% |
Similar funds
Provident Wealth Management's Q3 2020 Portfolio in Review
As of Q3 2020, Provident Wealth Management held 287 positions worth $86.3M, down 5% from $90.8M the previous quarter. Its ten largest holdings account for 59% of the portfolio.
Provident Wealth Management withdrew a net $10.1M in Q3 2020, closing 1 position and reducing 28 holdings. Its most notable exit was iShares Morningstar Small-Cap ETF, an estimated $1.52M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 89% of assets, down from 95% a quarter earlier, followed by Technology and Industrials.
Against the trend, Provident Wealth Management opened a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF worth $3.07M.
- Provident Wealth Management's largest Q3 2020 buy was VictoryShares US EQ Income Enhanced Volatility Wtd ETF: 64,770 shares worth $3.07M.
- Provident Wealth Management added most to iShares Core 10+ Year USD Bond ETF in Q3 2020, an estimated $442K increase.
- Provident Wealth Management's biggest Q3 2020 reduction was State Street SPDR Portfolio S&P 500 Growth ETF, cutting an estimated $11.5M.
- Provident Wealth Management fully exited iShares Morningstar Small-Cap ETF in Q3 2020, selling an estimated $1.52M.
- Provident Wealth Management's ten largest holdings make up 59% of its $86.3M portfolio in Q3 2020.
- Provident Wealth Management opened 218 new positions and closed 1 in Q3 2020.
- Provident Wealth Management's portfolio value fell 5% quarter-over-quarter to $86.3M.
Based on Provident Wealth Management's 13F filing for Q3 2020, filed 13 Oct 2020.