Telemus Capital Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Short-Term National Muni Bond ETF
SUB
|
+$7.51M |
| 2 |
WisdomTree Managed Futures Strategy Fund
WTMF
|
+$5.53M |
| 3 |
BKCC
BlackRock Capital Investment Corporation
BKCC
|
+$3.29M |
| 4 |
Blackrock
BLK
|
+$2.92M |
| 5 |
Northrop Grumman
NOC
|
+$2.37M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$25.7M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$24.1M |
| 3 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$21.1M |
| 4 |
Illinois Tool Works
ITW
|
+$14.3M |
| 5 |
Vanguard FTSE All-World ex-US ETF
VEU
|
+$9.03M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 24.48% |
| 2 | Financials | 8% |
| 3 | Consumer Discretionary | 6.8% |
| 4 | Technology | 6.66% |
| 5 | Industrials | 5.11% |
Similar funds
Telemus Capital's Q4 2016 Portfolio in Review
As of Q4 2016, Telemus Capital held 365 positions worth $737M, down 17% from $892M the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Telemus Capital withdrew a net $134M in Q4 2016, closing 61 positions and reducing 151 holdings. Its most notable exit was iShares Core S&P Small-Cap ETF, an estimated $24.1M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 24% of assets, down from 25% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Telemus Capital opened a new position in iShares Short-Term National Muni Bond ETF worth $7.49M.
- Telemus Capital's largest Q4 2016 buy was iShares Short-Term National Muni Bond ETF: 71,260 shares worth $7.49M.
- Telemus Capital added most to BlackRock Capital Investment Corporation in Q4 2016, an estimated $3.29M increase.
- Telemus Capital's biggest Q4 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $25.7M.
- Telemus Capital fully exited iShares Core S&P Small-Cap ETF in Q4 2016, selling an estimated $24.1M.
- Telemus Capital's ten largest holdings make up 40% of its $737M portfolio in Q4 2016.
- Telemus Capital opened 25 new positions and closed 61 in Q4 2016.
- Telemus Capital's portfolio value fell 17% quarter-over-quarter to $737M.
Based on Telemus Capital's 13F filing for Q4 2016, filed 24 Jan 2017.