Segment Wealth Management Portfolio holdings
Segment Wealth Management is a fee-only wealth manager owned by Gil Baumgarten, a former Wall Street broker turned fee-only fiduciary. The firm's name comes from segmentation, a woodworking art form that Baumgarten practices. Its clients include high net worth individuals, pension and profit sharing plans and charities, and it may also be hired to help sponsors of employee retirement plans select and monitor the plans' investment options, generally mutual funds.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares TIPS Bond ETF
TIP
|
+$1.26M |
| 2 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$793K |
| 3 |
Core Laboratories
CLB
|
+$556K |
| 4 |
Cisco
CSCO
|
+$421K |
| 5 |
EMC CORPORATION
EMC
|
+$383K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$1.26M |
| 2 |
iShares MSCI Brazil ETF
EWZ
|
+$859K |
| 3 |
SPDR Gold Trust
GLD
|
+$473K |
| 4 |
Pioneer Natural Resource Co.
PXD
|
+$453K |
| 5 |
MDR
McDermott International
MDR
|
+$388K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 26.51% |
| 2 | Miscellaneous | 21.85% |
| 3 | Materials | 10.95% |
| 4 | Healthcare | 7.48% |
| 5 | Industrials | 6.94% |
Similar funds
Segment Wealth Management's Q3 2014 Portfolio in Review
As of Q3 2014, Segment Wealth Management held 185 positions worth $262M, up 1.3% from $258M the previous quarter. Its ten largest holdings account for 33% of the portfolio.
Segment Wealth Management's Q3 2014 filing shows 14 new, 82 increased, 38 reduced and 7 closed positions. Its largest new stake was iShares TIPS Bond ETF: 11,008 shares worth $1.23M. The largest sale was iShares 1-3 Year Treasury Bond ETF, an estimated $1.26M.
By sector, the portfolio is most concentrated in Energy at 27% of assets, down from 27% a quarter earlier, followed by Miscellaneous and Materials.
- Segment Wealth Management's largest Q3 2014 buy was iShares TIPS Bond ETF: 11,008 shares worth $1.23M.
- Segment Wealth Management added most to State Street Utilities Select Sector SPDR ETF in Q3 2014, an estimated $793K increase.
- Segment Wealth Management's biggest Q3 2014 reduction was SPDR Gold Trust, cutting an estimated $473K.
- Segment Wealth Management fully exited iShares 1-3 Year Treasury Bond ETF in Q3 2014, selling an estimated $1.26M.
- Segment Wealth Management's ten largest holdings make up 33% of its $262M portfolio in Q3 2014.
- Segment Wealth Management opened 14 new positions and closed 7 in Q3 2014.
- Segment Wealth Management's portfolio value rose 1.3% quarter-over-quarter to $262M.
Based on Segment Wealth Management's 13F filing for Q3 2014, filed 28 Oct 2014.