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TAM
Townsend Asset Management Portfolio holdings
AUM
$312M
1-Year Est. Return
23.71%
This Fund
S&P 500
This Quarter
Est. Return
+8.65%
1 Year Est. Return
+23.71%
3 Year Est. Return
+76.99%
5 Year Est. Return
+95.47%
10 Year Est. Return
–
AUM
$123M
AUM Growth
-$813K
(-0.66%)
Cap. Flow
-$9.94M
Cap. Flow
% of AUM
-8.08%
Top 10 Holdings %
Top 10 Hldgs %
30.84%
Holding
187
New
6
Increased
62
Reduced
69
Closed
16
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Marriott International
MAR
|
+$616K |
| 2 |
Wynn Resorts
WYNN
|
+$374K |
| 3 |
JPMorgan Chase
JPM
|
+$325K |
| 4 |
CVS Health
CVS
|
+$232K |
| 5 |
IBM
IBM
|
+$230K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$7.2M |
| 2 |
PIMCO RAFI Dynamic Multi-Factor US Equity ETF
MFUS
|
+$1.78M |
| 3 |
WisdomTree US MidCap Fund
EZM
|
+$398K |
| 4 |
WisdomTree US SmallCap Earnings Fund
EES
|
+$397K |
| 5 |
Mastercard
MA
|
+$312K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.66% |
| 2 | Financials | 10.19% |
| 3 | Healthcare | 9.92% |
| 4 | Consumer Discretionary | 9.53% |
| 5 | Consumer Staples | 7.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Schwab Fundamental International Small Company Index ETF
FNDC
$3.12B
| – | – |
-202
| Closed | -$6K |
|
177
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.94B
| – | – |
-106
| Closed | -$7K |
|
178
iShares Russell Mid-Cap Growth ETF
IWP
$20.3B
| – | – |
-166
| Closed | -$13K |
|
179
L3Harris
LHX
$54.1B
| – | – |
-1,293
| Closed | -$219K |
|
180
Invesco Aerospace & Defense ETF
PPA
$8.67B
| – | – |
-68
| Closed | -$4K |
|
181
Phillips 66
PSX
$82.2B
| – | – |
-3,519
| Closed | -$253K |
|
182
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.93B
| – | – |
-250
| Closed | -$9K |
|
|
183
Invesco QQQ Trust
QQQ
$479B
| – | – |
-29,072
| Closed | -$7.2M |
|
184
Invesco S&P 500 Revenue ETF
RWL
$9.8B
| – | – |
-467
| Closed | -$24K |
|
185
Schwab Short-Term US Treasury ETF
SCHO
$12.8B
| – | – |
-160
| Closed | -$4K |
|
|
SCHV
186
Schwab US Large-Cap Value ETF
SCHV
$16B
| – | – |
-498
| Closed | -$8K |
|
187
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$54.1B
| – | – |
-454
| Closed | -$20K |
|
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Townsend Asset Management's Q3 2020 Portfolio in Review
As of Q3 2020, Townsend Asset Management held 187 positions worth $123M, down 0.66% from $124M the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Townsend Asset Management withdrew a net $9.94M in Q3 2020, closing 16 positions and reducing 69 holdings. Its most notable exit was Invesco QQQ Trust, an estimated $7.2M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 12% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Townsend Asset Management opened a new position in IBM worth $228K.
- Townsend Asset Management's largest Q3 2020 buy was IBM: 1,957 shares worth $228K.
- Townsend Asset Management added most to Marriott International in Q3 2020, an estimated $616K increase.
- Townsend Asset Management's biggest Q3 2020 reduction was PIMCO RAFI Dynamic Multi-Factor US Equity ETF, cutting an estimated $1.78M.
- Townsend Asset Management fully exited Invesco QQQ Trust in Q3 2020, selling an estimated $7.2M.
- Townsend Asset Management's ten largest holdings make up 31% of its $123M portfolio in Q3 2020.
- Townsend Asset Management opened 6 new positions and closed 16 in Q3 2020.
- Townsend Asset Management's portfolio value fell 0.66% quarter-over-quarter to $123M.
Based on Townsend Asset Management's 13F filing for Q3 2020, filed 2 Nov 2020.