Truepoint Inc Portfolio holdings
Truepoint is a fee-only wealth management firm owned entirely by its employees, building client portfolios around low-cost funds rather than stock picking. Michael Chasnoff, a financial adviser who started his own firm with LKCD Financial, formed Advanced Capital Strategies, the precursor to Truepoint, in 1990. The firm added estate planning in 2003, and in 2016 it bought RhineVest Advisors, a start-up that became Commas in 2021. Commas is a wholly owned subsidiary that pairs a digital platform with personal guidance. Truepoint also has specialised services for Procter & Gamble employees, and since 2015 its institutional unit has served small and mid-sized endowments, foundations and nonprofits.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Short-Term Bond ETF
BSV
|
+$7.63M |
| 2 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$6.69M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$4.86M |
| 4 |
Procter & Gamble
PG
|
+$2.52M |
| 5 |
Vanguard Morningstar Mid-Cap Growth ETF
VOT
|
+$1.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$1.05M |
| 2 |
Meta Platforms (Facebook)
META
|
+$293K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 93.96% |
| 2 | Consumer Staples | 4.65% |
| 3 | Communication Services | 1.07% |
| 4 | Industrials | 0.17% |
| 5 | Energy | 0.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Vanguard Morningstar Total Stock Market ETF
VTI
$697B
| $214M | 37.6% |
2,101,099
+67,858
| +3% | +$6.69M |
2013 Q2
4 quarters
|
|
|
2
Vanguard FTSE Developed Markets ETF
VEA
$231B
| $126M | 22.2% |
2,964,450
+115,375
| +4% | +$4.86M |
2013 Q2
4 quarters
|
|
|
3
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.4B
| $73.3M | 12.89% |
760,522
+20,593
| +3% | +$1.9M |
2013 Q2
4 quarters
|
|
4
Vanguard Real Estate ETF
VNQ
$37.7B
| $57.6M | 10.13% |
769,685
+17,319
| +2% | +$1.27M |
2013 Q2
4 quarters
|
|
5
Vanguard Morningstar Growth ETF
VUG
$227B
| $44.9M | 7.9% |
2,724,954
+58,074
| +2% | +$921K |
2013 Q2
4 quarters
|
|
|
6
Procter & Gamble
PG
$372B
| $26.5M | 4.65% |
336,676
+31,314
| +10% | +$2.52M |
2013 Q2
4 quarters
|
|
|
7
Vanguard Short-Term Bond ETF
BSV
$45.7B
| $11.5M | 2.01% |
142,596
+95,088
| +200% | +$7.63M |
2014 Q1
1 quarter
|
|
|
8
Meta Platforms (Facebook)
META
$1.63T
| $6.06M | 1.07% |
90,078
-4,771
| -5% | -$293K |
2013 Q3
3 quarters
|
|
9
iShares Core S&P 500 ETF
IVV
$885B
| $2.42M | 0.43% |
12,273
+144
| +1% | +$27.6K |
2013 Q3
3 quarters
|
|
10
iShares Russell 3000 ETF
IWV
$20.5B
| $1.88M | 0.33% |
15,954
| – | – |
2013 Q2
4 quarters
|
|
11
GE Aerospace
GE
$325B
| $961K | 0.17% |
7,630
+1,520
| +25% | +$193K |
2013 Q2
4 quarters
|
|
12
ExxonMobil
XOM
$754B
| $853K | 0.15% |
8,474
+189
| +2% | +$19.1K |
2013 Q2
4 quarters
|
|
13
Vanguard Global ex-US Real Estate ETF
VNQI
$3.27B
| $808K | 0.14% |
13,922
+234
| +2% | +$13.2K |
2013 Q2
4 quarters
|
|
14
iShares Russell Mid-Cap Growth ETF
IWP
$19.2B
| $749K | 0.13% |
16,726
+1,476
| +10% | +$63.4K |
2013 Q3
3 quarters
|
|
|
15
iShares MSCI EAFE ETF
EFA
$77.4B
| $690K | 0.12% |
10,090
-15,351
| -60% | -$1.05M |
2013 Q3
3 quarters
|
|
16
iShares Russell Mid-Cap Value ETF
IWS
$15.9B
| $413K | 0.07% |
5,686
+598
| +12% | +$41.7K |
2013 Q3
3 quarters
|
|
Similar funds
Truepoint Inc's Q2 2014 Portfolio in Review
As of Q2 2014, Truepoint Inc held 16 positions worth $569M, up 8.9% from $522M the previous quarter. Its ten largest holdings account for 99% of the portfolio.
Truepoint Inc deployed $24.8M of net new capital in Q2 2014, adding to 13 existing holdings.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, up from 94% a quarter earlier, followed by Consumer Staples and Communication Services.
On the sell side, the largest reduction was iShares MSCI EAFE ETF, an estimated $1.05M trimmed.
- Truepoint Inc added most to Vanguard Short-Term Bond ETF in Q2 2014, an estimated $7.63M increase.
- Truepoint Inc's biggest Q2 2014 reduction was iShares MSCI EAFE ETF, cutting an estimated $1.05M.
- Truepoint Inc's ten largest holdings make up 99% of its $569M portfolio in Q2 2014.
- Truepoint Inc opened 0 new positions and closed 0 in Q2 2014.
- Truepoint Inc's portfolio value rose 8.9% quarter-over-quarter to $569M.
Based on Truepoint Inc's 13F filing for Q2 2014, filed 7 Aug 2014.