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TCM
Towercrest Capital Management Portfolio holdings
AUM
$717M
1-Year Est. Return
15.39%
This Fund
S&P 500
This Quarter
Est. Return
-3.56%
1 Year Est. Return
+15.39%
3 Year Est. Return
+39.13%
5 Year Est. Return
+30.16%
10 Year Est. Return
+92.7%
AUM
$514M
AUM Growth
-$22.9M
(-4.3%)
Cap. Flow
-$3.54M
Cap. Flow
% of AUM
-0.69%
Top 10 Holdings %
Top 10 Hldgs %
48.76%
Holding
107
New
3
Increased
47
Reduced
38
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares National Muni Bond ETF
MUB
|
+$1.29M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$1.02M |
| 3 |
iShares Floating Rate Bond ETF
FLOT
|
+$882K |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$830K |
| 5 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$810K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab US Large- Cap ETF
SCHX
|
+$2.42M |
| 2 |
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
|
+$1.56M |
| 3 |
Schwab International Equity ETF
SCHF
|
+$1.08M |
| 4 |
Invesco Emerging Markets Sovereign Debt ETF
PCY
|
+$765K |
| 5 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$744K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.07% |
| 2 | Communication Services | 0.89% |
| 3 | Industrials | 0.58% |
| 4 | Healthcare | 0.51% |
| 5 | Financials | 0.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Walmart Inc
WMT
$888B
| $211K | 0.04% |
3,957
+6
| +0.2% | +$319 |
|
102
Public Service Enterprise Group
PEG
$38B
| $208K | 0.04% |
3,652
| – | – |
|
103
Vanguard FTSE All-World ex-US ETF
VEU
$68B
| $203K | 0.04% |
3,918
-371
| -9% | -$20.1K |
|
104
Consolidated Edison
ED
$40B
| $203K | 0.04% |
2,374
| – | – |
|
105
NextEra Energy
NEE
$182B
| $203K | 0.04% |
3,536
+40
| +1% | +$2.77K |
|
106
iShares S&P 100 ETF
OEF
$20.5B
| – | – |
-1,257
| Closed | -$260K |
|
|
SLGC
107
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| – | – |
-90,575
| Closed | -$209K |
|
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Towercrest Capital Management's Q3 2023 Portfolio in Review
As of Q3 2023, Towercrest Capital Management held 107 positions worth $514M, down 4.3% from $537M the previous quarter. Its ten largest holdings account for 49% of the portfolio.
Trading was light in Q3 2023: portfolio turnover was 4.7%. Towercrest Capital Management opened 3 new positions and exited 2, leaving the 107-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 3.1% of assets, down from 3.3% a quarter earlier, followed by Communication Services and Industrials.
- Towercrest Capital Management's largest Q3 2023 buy was Resideo Technologies: 30,404 shares worth $480K.
- Towercrest Capital Management added most to iShares National Muni Bond ETF in Q3 2023, an estimated $1.29M increase.
- Towercrest Capital Management's biggest Q3 2023 reduction was Schwab US Large- Cap ETF, cutting an estimated $2.42M.
- Towercrest Capital Management fully exited iShares S&P 100 ETF in Q3 2023, selling an estimated $260K.
- Towercrest Capital Management's ten largest holdings make up 49% of its $514M portfolio in Q3 2023.
- Towercrest Capital Management opened 3 new positions and closed 2 in Q3 2023.
- Towercrest Capital Management's portfolio value fell 4.3% quarter-over-quarter to $514M.
Based on Towercrest Capital Management's 13F filing for Q3 2023, filed 13 Nov 2023.