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TCM

Towercrest Capital Management Portfolio holdings

AUM $642M
1-Year Est. Return 11.71%
This Fund
S&P 500
This Quarter Est. Return
+8.1%
1 Year Est. Return
+11.71%
3 Year Est. Return
+31.42%
5 Year Est. Return
+23.73%
10 Year Est. Return
+78.8%
AUM
$347M
AUM Growth
+$35.7M
Cap. Flow
+$19.1M
Cap. Flow %
5.5%
Top 10 Hldgs %
50.36%
Holding
76
New
8
Increased
34
Reduced
21
Closed
5

Top Buys

Rank Stock Value
1
HYG icon
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
+$13.6M
2
FLOT icon
iShares Floating Rate Bond ETF
FLOT
+$5.35M
3
FLRN icon
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
+$4.27M
4
QSR icon
Restaurant Brands International
QSR
+$2.17M
5
SCHF icon
Schwab International Equity ETF
SCHF
+$1.87M

Top Sells

Rank Stock Value
1
SHYG icon
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
+$6.96M
2
SCHD icon
Schwab US Dividend Equity ETF
SCHD
+$4.74M
3
DGRO icon
iShares Core Dividend Growth ETF
DGRO
+$4.03M
4
SPYD icon
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
+$1.28M
5
XBI icon
State Street SPDR S&P Biotech ETF
XBI
+$628K

Sector Composition

Rank Sector Weight
1 Financials 3.43%
2 Technology 1.12%
3 Communication Services 0.52%
4 Healthcare 0.46%
5 Industrials 0.21%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GBT
76
DELISTED
Global Blood Therapeutics, Inc.
GBT
– –
-5,000
Closed -$205K
1 2 3
4

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Towercrest Capital Management's Q1 2019 Portfolio in Review

As of Q1 2019, Towercrest Capital Management held 76 positions worth $347M, up 11% from $311M the previous quarter. Its ten largest holdings account for 50% of the portfolio.

Towercrest Capital Management deployed $19.1M of net new capital in Q1 2019, opening 8 new positions and adding to 34 existing holdings. Its largest new stake was iShares iBoxx $ High Yield Corporate Bond ETF: 160,664 shares worth $13.9M.

By sector, the portfolio is most concentrated in Financials at 3.4% of assets, up from 3.4% a quarter earlier, followed by Technology and Communication Services.

On the sell side, the largest reduction was iShares 0-5 Year High Yield Corporate Bond ETF, an estimated $6.96M trimmed.

  • Towercrest Capital Management's largest Q1 2019 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 160,664 shares worth $13.9M.
  • Towercrest Capital Management added most to iShares Floating Rate Bond ETF in Q1 2019, an estimated $5.35M increase.
  • Towercrest Capital Management's biggest Q1 2019 reduction was iShares 0-5 Year High Yield Corporate Bond ETF, cutting an estimated $6.96M.
  • Towercrest Capital Management fully exited State Street SPDR S&P Biotech ETF in Q1 2019, selling an estimated $628K.
  • Towercrest Capital Management's ten largest holdings make up 50% of its $347M portfolio in Q1 2019.
  • Towercrest Capital Management opened 8 new positions and closed 5 in Q1 2019.
  • Towercrest Capital Management's portfolio value rose 11% quarter-over-quarter to $347M.

Based on Towercrest Capital Management's 13F filing for Q1 2019, filed 15 May 2019.