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 FTSE Developed Markets ETF
VEA
|
+$6.46M |
| 2 |
Vanguard Short-Term Bond ETF
BSV
|
+$2.71M |
| 3 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$2.58M |
| 4 |
iShares Core MSCI EAFE ETF
IEFA
|
+$870K |
| 5 |
Perrigo
PRGO
|
+$518K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$2.28M |
| 2 |
Procter & Gamble
PG
|
+$907K |
| 3 |
United States Oil Fund
USO
|
+$335K |
| 4 |
Vanguard Real Estate ETF
VNQ
|
+$326K |
| 5 |
iShares Gold Trust
IAU
|
+$321K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 92.76% |
| 2 | Consumer Staples | 3.96% |
| 3 | Communication Services | 0.87% |
| 4 | Healthcare | 0.79% |
| 5 | Technology | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Vanguard Morningstar Total Stock Market ETF
VTI
$684B
| $261M | 33.53% |
2,436,019
+24,368
| +1% | +$2.58M |
2013 Q2
12 quarters
|
|
|
2
Vanguard FTSE Developed Markets ETF
VEA
$228B
| $150M | 19.27% |
4,242,176
+178,886
| +4% | +$6.46M |
2013 Q2
12 quarters
|
|
3
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$18.8B
| $87.8M | 11.28% |
862,030
+3,885
| +0.5% | +$392K |
2013 Q2
12 quarters
|
|
|
4
Vanguard Real Estate ETF
VNQ
$37.7B
| $75.9M | 9.75% |
856,350
-3,882
| -0.5% | -$326K |
2013 Q2
12 quarters
|
|
5
Vanguard Morningstar Growth ETF
VUG
$220B
| $53.9M | 6.92% |
3,014,640
+27,888
| +0.9% | +$497K |
2013 Q2
12 quarters
|
|
|
6
Vanguard Short-Term Bond ETF
BSV
$45.8B
| $40.8M | 5.24% |
503,268
+33,608
| +7% | +$2.71M |
2014 Q1
9 quarters
|
|
|
7
Procter & Gamble
PG
$374B
| $28.7M | 3.68% |
338,844
-11,044
| -3% | -$907K |
2013 Q2
12 quarters
|
|
8
iShares Russell 3000 ETF
IWV
$20.2B
| $13.5M | 1.74% |
109,239
-1,401
| -1% | -$171K |
2013 Q2
12 quarters
|
|
9
Meta Platforms (Facebook)
META
$1.6T
| $5.46M | 0.7% |
47,793
-200
| -0.4% | -$23K |
2013 Q3
11 quarters
|
|
10
CVS Health
CVS
$115B
| $4.17M | 0.54% |
43,584
+274
| +0.6% | +$27.3K |
2015 Q3
3 quarters
|
|
11
iShares Russell Mid-Cap Growth ETF
IWP
$18.5B
| $4.1M | 0.53% |
87,646
-1,668
| -2% | -$77.2K |
2013 Q3
11 quarters
|
|
12
iShares MSCI Emerging Markets ETF
EEM
$28.3B
| $3.73M | 0.48% |
108,549
+5,752
| +6% | +$193K |
2015 Q3
3 quarters
|
|
13
Apple
AAPL
$5.03T
| $3.59M | 0.46% |
150,240
-1,476
| -1% | -$36.7K |
2014 Q3
7 quarters
|
|
14
iShares Core S&P 500 ETF
IVV
$869B
| $3.48M | 0.45% |
16,509
| – | – |
2013 Q3
11 quarters
|
|
|
15
iShares MSCI EAFE ETF
EFA
$76.7B
| $3.27M | 0.42% |
58,529
-39,630
| -40% | -$2.28M |
2013 Q3
11 quarters
|
|
|
16
iShares Core MSCI EAFE ETF
IEFA
$190B
| $3.12M | 0.4% |
60,100
+16,277
| +37% | +$870K |
2015 Q3
3 quarters
|
|
17
US Bancorp
USB
$92.6B
| $2.17M | 0.28% |
53,841
| – | – |
2015 Q3
3 quarters
|
|
18
iShares Russell 1000 Growth ETF
IWF
$120B
| $1.68M | 0.22% |
66,920
+4,128
| +7% | +$103K |
2014 Q3
7 quarters
|
|
19
Cincinnati Financial
CINF
$27.8B
| $1.6M | 0.21% |
21,396
| – | – |
2015 Q4
2 quarters
|
|
20
Vanguard Global ex-US Real Estate ETF
VNQI
$3.27B
| $1.6M | 0.21% |
29,595
-506
| -2% | -$27.3K |
2013 Q2
12 quarters
|
|
21
iShares Core S&P Mid-Cap ETF
IJH
$123B
| $1.24M | 0.16% |
41,650
+7,500
| +22% | +$220K |
2015 Q3
3 quarters
|
|
22
iShares Russell 1000 Value ETF
IWD
$84.7B
| $1.16M | 0.15% |
11,227
+2,549
| +29% | +$257K |
2014 Q3
7 quarters
|
|
23
iShares Core S&P Small-Cap ETF
IJR
$105B
| $1.15M | 0.15% |
19,848
| – | – |
2015 Q3
3 quarters
|
|
24
iShares Core MSCI Emerging Markets ETF
IEMG
$146B
| $1.09M | 0.14% |
26,068
+4,706
| +22% | +$193K |
2016 Q1
1 quarter
|
|
|
AKS
25
DELISTED
AK Steel Holding Corp
AKS
| $1.06M | 0.14% |
227,673
-2,700
| -1% | -$11.8K |
2015 Q3
3 quarters
|
|
Similar funds
Truepoint Inc's Q2 2016 Portfolio in Review
As of Q2 2016, Truepoint Inc held 85 positions worth $779M, up 2.8% from $757M the previous quarter. Its ten largest holdings account for 93% of the portfolio.
Truepoint Inc's Q2 2016 filing shows 6 new, 25 increased, 23 reduced and 9 closed positions. Its largest new stake was Perrigo: 5,000 shares worth $453K. The largest sale was iShares MSCI EAFE ETF, an estimated $2.28M.
By sector, the portfolio is most concentrated in Miscellaneous at 93% of assets, up from 92% a quarter earlier, followed by Consumer Staples and Communication Services.
- Truepoint Inc's largest Q2 2016 buy was Perrigo: 5,000 shares worth $453K.
- Truepoint Inc added most to Vanguard FTSE Developed Markets ETF in Q2 2016, an estimated $6.46M increase.
- Truepoint Inc's biggest Q2 2016 reduction was iShares MSCI EAFE ETF, cutting an estimated $2.28M.
- Truepoint Inc fully exited United States Oil Fund in Q2 2016, selling an estimated $335K.
- Truepoint Inc's ten largest holdings make up 93% of its $779M portfolio in Q2 2016.
- Truepoint Inc opened 6 new positions and closed 9 in Q2 2016.
- Truepoint Inc's portfolio value rose 2.8% quarter-over-quarter to $779M.
Based on Truepoint Inc's 13F filing for Q2 2016, filed 3 Aug 2016.