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 Russell 3000 ETF
IWV
|
+$10.5M |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$3.77M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$3.22M |
| 4 |
iShares Russell Mid-Cap Growth ETF
IWP
|
+$2.82M |
| 5 |
Vanguard Short-Term Bond ETF
BSV
|
+$2.06M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Emerging Markets ETF
EEM
|
+$2.93M |
| 2 |
Citigroup
C
|
+$933K |
| 3 |
Procter & Gamble
PG
|
+$773K |
| 4 |
iShares Russell 2000 Value ETF
IWN
|
+$556K |
| 5 |
Duke Energy
DUK
|
+$477K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 92.49% |
| 2 | Consumer Staples | 4.05% |
| 3 | Communication Services | 0.83% |
| 4 | Healthcare | 0.82% |
| 5 | Technology | 0.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Vanguard Morningstar Total Stock Market ETF
VTI
$693B
| $253M | 33.39% |
2,411,651
+6,737
| +0.3% | +$668K |
2013 Q2
11 quarters
|
|
|
2
Vanguard FTSE Developed Markets ETF
VEA
$231B
| $146M | 19.26% |
4,063,290
+93,421
| +2% | +$3.22M |
2013 Q2
11 quarters
|
|
3
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$18.9B
| $86M | 11.37% |
858,145
+20,622
| +2% | +$1.92M |
2013 Q2
11 quarters
|
|
4
Vanguard Real Estate ETF
VNQ
$39B
| $72.1M | 9.52% |
860,232
+8,020
| +0.9% | +$624K |
2013 Q2
11 quarters
|
|
5
Vanguard Morningstar Growth ETF
VUG
$223B
| $53M | 7% |
2,986,752
+77,064
| +3% | +$1.29M |
2013 Q2
11 quarters
|
|
|
6
Vanguard Short-Term Bond ETF
BSV
$45.7B
| $37.9M | 5% |
469,660
+25,699
| +6% | +$2.06M |
2014 Q1
8 quarters
|
|
|
7
Procter & Gamble
PG
$389B
| $28.8M | 3.8% |
349,888
-9,589
| -3% | -$773K |
2013 Q2
11 quarters
|
|
|
8
iShares Russell 3000 ETF
IWV
$20.5B
| $13.4M | 1.77% |
110,640
+92,103
| +497% | +$10.5M |
2013 Q2
11 quarters
|
|
|
9
iShares MSCI EAFE ETF
EFA
$78.1B
| $5.61M | 0.74% |
98,159
+68,459
| +231% | +$3.77M |
2013 Q3
10 quarters
|
|
10
Meta Platforms (Facebook)
META
$1.64T
| $5.48M | 0.72% |
47,993
-2,530
| -5% | -$267K |
2013 Q3
10 quarters
|
|
11
CVS Health
CVS
$102B
| $4.49M | 0.59% |
43,310
-608
| -1% | -$59.1K |
2015 Q3
2 quarters
|
|
12
Apple
AAPL
$5.14T
| $4.13M | 0.55% |
151,716
+3,492
| +2% | +$87K |
2014 Q3
6 quarters
|
|
|
13
iShares Russell Mid-Cap Growth ETF
IWP
$18.2B
| $4.12M | 0.54% |
89,314
+65,232
| +271% | +$2.82M |
2013 Q3
10 quarters
|
|
|
14
iShares MSCI Emerging Markets ETF
EEM
$28.6B
| $3.52M | 0.47% |
102,797
-94,715
| -48% | -$2.93M |
2015 Q3
2 quarters
|
|
15
iShares Core S&P 500 ETF
IVV
$882B
| $3.41M | 0.45% |
16,509
+2,950
| +22% | +$579K |
2013 Q3
10 quarters
|
|
16
iShares Core MSCI EAFE ETF
IEFA
$193B
| $2.33M | 0.31% |
43,823
+8,055
| +23% | +$411K |
2015 Q3
2 quarters
|
|
17
US Bancorp
USB
$94.1B
| $2.18M | 0.29% |
53,841
-3,026
| -5% | -$121K |
2015 Q3
2 quarters
|
|
18
Vanguard Global ex-US Real Estate ETF
VNQI
$3.36B
| $1.61M | 0.21% |
30,101
-2,225
| -7% | -$110K |
2013 Q2
11 quarters
|
|
19
iShares Russell 1000 Growth ETF
IWF
$121B
| $1.57M | 0.21% |
62,792
+40,776
| +185% | +$963K |
2014 Q3
6 quarters
|
|
20
Cincinnati Financial
CINF
$29B
| $1.4M | 0.18% |
21,396
+100
| +0.5% | +$6.09K |
2015 Q4
1 quarter
|
|
21
iShares Core S&P Small-Cap ETF
IJR
$107B
| $1.12M | 0.15% |
19,848
+352
| +2% | +$18.4K |
2015 Q3
2 quarters
|
|
22
GE Aerospace
GE
$340B
| $1.04M | 0.14% |
6,814
-29
| -0.4% | -$4.1K |
2013 Q2
11 quarters
|
|
23
iShares Core S&P Mid-Cap ETF
IJH
$124B
| $985K | 0.13% |
34,150
+7,695
| +29% | +$206K |
2015 Q3
2 quarters
|
|
|
AKS
24
DELISTED
AK Steel Holding Corp
AKS
| $951K | 0.13% |
230,373
+211,373
| +1,112% | +$606K |
2015 Q3
2 quarters
|
|
25
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$30.6B
| $945K | 0.12% |
+7,950
| New | +$914K |
2016 Q1
0 quarters
|
|
Similar funds
Truepoint Inc's Q1 2016 Portfolio in Review
As of Q1 2016, Truepoint Inc held 88 positions worth $757M, up 4.9% from $722M the previous quarter. Its ten largest holdings account for 93% of the portfolio.
Truepoint Inc deployed $28.7M of net new capital in Q1 2016, opening 16 new positions and adding to 31 existing holdings. Its largest new stake was Bausch Health: 26,372 shares worth $694K.
By sector, the portfolio is most concentrated in Miscellaneous at 92% of assets, up from 92% a quarter earlier, followed by Consumer Staples and Communication Services.
On the sell side, the largest reduction was iShares MSCI Emerging Markets ETF, an estimated $2.93M trimmed.
- Truepoint Inc's largest Q1 2016 buy was Bausch Health: 26,372 shares worth $694K.
- Truepoint Inc added most to iShares Russell 3000 ETF in Q1 2016, an estimated $10.5M increase.
- Truepoint Inc's biggest Q1 2016 reduction was iShares MSCI Emerging Markets ETF, cutting an estimated $2.93M.
- Truepoint Inc fully exited Duke Energy in Q1 2016, selling an estimated $477K.
- Truepoint Inc's ten largest holdings make up 93% of its $757M portfolio in Q1 2016.
- Truepoint Inc opened 16 new positions and closed 9 in Q1 2016.
- Truepoint Inc's portfolio value rose 4.9% quarter-over-quarter to $757M.
Based on Truepoint Inc's 13F filing for Q1 2016, filed 11 May 2016.