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 |
iShares MSCI Emerging Markets ETF
EEM
|
+$15.7M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$6.89M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$6.23M |
| 4 |
iShares Russell 3000 ETF
IWV
|
+$5.21M |
| 5 |
CVS Health
CVS
|
+$4.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$4.94M |
| 2 |
Apple
AAPL
|
+$1.21M |
| 3 |
ExxonMobil
XOM
|
+$1.08M |
| 4 |
GE Aerospace
GE
|
+$227K |
| 5 |
iShares Russell 1000 Value ETF
IWD
|
+$123K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 92.91% |
| 2 | Consumer Staples | 3.84% |
| 3 | Communication Services | 0.8% |
| 4 | Healthcare | 0.77% |
| 5 | Technology | 0.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Vanguard Morningstar Total Stock Market ETF
VTI
$689B
| $227M | 33.92% |
2,303,974
+4,632
| +0.2% | +$486K |
2013 Q2
9 quarters
|
|
|
2
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $126M | 18.72% |
3,522,471
-128,578
| -4% | -$4.94M |
2013 Q2
9 quarters
|
|
3
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$18.8B
| $77.9M | 11.61% |
800,646
+4,355
| +0.5% | +$454K |
2013 Q2
9 quarters
|
|
4
Vanguard Real Estate ETF
VNQ
$38.6B
| $61.6M | 9.19% |
815,871
+106
| +0% | +$8.14K |
2013 Q2
9 quarters
|
|
5
Vanguard Morningstar Growth ETF
VUG
$219B
| $47.8M | 7.12% |
2,856,822
+7,560
| +0.3% | +$134K |
2013 Q2
9 quarters
|
|
6
Vanguard Short-Term Bond ETF
BSV
$46.5B
| $32M | 4.77% |
397,599
+26,448
| +7% | +$2.12M |
2014 Q1
6 quarters
|
|
7
Procter & Gamble
PG
$394B
| $24.3M | 3.62% |
337,450
+18,397
| +6% | +$1.38M |
2013 Q2
9 quarters
|
|
|
8
iShares MSCI Emerging Markets ETF
EEM
$28.2B
| $14.5M | 2.17% |
+443,055
| New | +$15.7M |
2015 Q3
0 quarters
|
|
|
9
iShares MSCI EAFE ETF
EFA
$77.3B
| $6.54M | 0.98% |
114,102
+100,916
| +765% | +$6.23M |
2013 Q3
8 quarters
|
|
|
10
iShares Russell 3000 ETF
IWV
$20.2B
| $6.51M | 0.97% |
57,128
+43,055
| +306% | +$5.21M |
2013 Q2
9 quarters
|
|
|
11
iShares Core MSCI EAFE ETF
IEFA
$191B
| $6.42M | 0.96% |
+121,558
| New | +$6.89M |
2015 Q3
0 quarters
|
|
12
Meta Platforms (Facebook)
META
$1.64T
| $4.72M | 0.7% |
52,523
+500
| +1% | +$45.9K |
2013 Q3
8 quarters
|
|
|
13
CVS Health
CVS
$114B
| $4.22M | 0.63% |
+43,774
| New | +$4.6M |
2015 Q3
0 quarters
|
|
|
14
Apple
AAPL
$5.18T
| $3.13M | 0.47% |
113,376
-41,228
| -27% | -$1.21M |
2014 Q3
4 quarters
|
|
15
Vanguard Global ex-US Real Estate ETF
VNQI
$3.32B
| $2.72M | 0.41% |
53,375
+38,107
| +250% | +$2.02M |
2013 Q2
9 quarters
|
|
16
US Bancorp
USB
$95B
| $2.37M | 0.35% |
+57,880
| New | +$2.51M |
2015 Q3
0 quarters
|
|
17
iShares Core S&P 500 ETF
IVV
$875B
| $1.99M | 0.3% |
10,334
-585
| -5% | -$119K |
2013 Q3
8 quarters
|
|
18
State Street SPDR Dow Jones REIT ETF
RWR
$1.88B
| $1.71M | 0.26% |
+19,845
| New | +$1.73M |
2015 Q3
0 quarters
|
|
19
iShares Russell Mid-Cap Growth ETF
IWP
$18.2B
| $1.61M | 0.24% |
36,348
+20,088
| +124% | +$953K |
2013 Q3
8 quarters
|
|
20
iShares MSCI EAFE Small-Cap ETF
SCZ
$12.8B
| $1.21M | 0.18% |
+25,307
| New | +$1.26M |
2015 Q3
0 quarters
|
|
21
Citigroup
C
$205B
| $985K | 0.15% |
+19,852
| New | +$1.08M |
2015 Q3
0 quarters
|
|
22
Coca-Cola
KO
$427B
| $942K | 0.14% |
23,481
+181
| +0.8% | +$7.25K |
2014 Q3
4 quarters
|
|
23
Franklin Street Properties
FSP
$41.6M
| $809K | 0.12% |
+75,218
| New | +$840K |
2015 Q3
0 quarters
|
|
24
iShares Core S&P Mid-Cap ETF
IJH
$124B
| $754K | 0.11% |
+27,595
| New | +$802K |
2015 Q3
0 quarters
|
|
25
iShares Core S&P Small-Cap ETF
IJR
$106B
| $723K | 0.11% |
+13,560
| New | +$769K |
2015 Q3
0 quarters
|
|
Similar funds
Truepoint Inc's Q3 2015 Portfolio in Review
As of Q3 2015, Truepoint Inc held 59 positions worth $671M, up 0.78% from $665M the previous quarter. Its ten largest holdings account for 93% of the portfolio.
Truepoint Inc deployed $55.7M of net new capital in Q3 2015, opening 32 new positions and adding to 14 existing holdings. Its largest new stake was iShares MSCI Emerging Markets ETF: 443,055 shares worth $14.5M.
By sector, the portfolio is most concentrated in Miscellaneous at 93% of assets, down from 94% a quarter earlier, followed by Consumer Staples and Communication Services.
On the sell side, the largest reduction was Vanguard FTSE Developed Markets ETF, an estimated $4.94M trimmed.
- Truepoint Inc's largest Q3 2015 buy was iShares MSCI Emerging Markets ETF: 443,055 shares worth $14.5M.
- Truepoint Inc added most to iShares MSCI EAFE ETF in Q3 2015, an estimated $6.23M increase.
- Truepoint Inc's biggest Q3 2015 reduction was Vanguard FTSE Developed Markets ETF, cutting an estimated $4.94M.
- Truepoint Inc's ten largest holdings make up 93% of its $671M portfolio in Q3 2015.
- Truepoint Inc opened 32 new positions and closed 0 in Q3 2015.
- Truepoint Inc's portfolio value rose 0.78% quarter-over-quarter to $671M.
Based on Truepoint Inc's 13F filing for Q3 2015, filed 9 Nov 2015.