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
|
+$3.25M |
| 2 |
Vanguard Real Estate ETF
VNQ
|
+$2.69M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$2.29M |
| 4 |
Vanguard Morningstar Mid-Cap Growth ETF
VOT
|
+$1.16M |
| 5 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$623K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class A
BRK.A
|
+$339M |
| 2 |
First Financial Bancorp
FFBC
|
+$3.18M |
| 3 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$1.46M |
| 4 |
Procter & Gamble
PG
|
+$1.36M |
| 5 |
Qualcomm
QCOM
|
+$386K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 92.45% |
| 2 | Consumer Staples | 3.49% |
| 3 | Financials | 1.51% |
| 4 | Communication Services | 0.75% |
| 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
$688B
| $305M | 32.79% |
2,512,149
-12,156
| -0.5% | -$1.46M |
2013 Q2
15 quarters
|
|
|
2
Vanguard FTSE Developed Markets ETF
VEA
$229B
| $184M | 19.84% |
4,691,507
+59,756
| +1% | +$2.29M |
2013 Q2
15 quarters
|
|
|
3
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$18.8B
| $104M | 11.24% |
925,160
+10,473
| +1% | +$1.16M |
2013 Q2
15 quarters
|
|
|
4
Vanguard Real Estate ETF
VNQ
$38.6B
| $78.3M | 8.43% |
948,385
+32,456
| +4% | +$2.69M |
2013 Q2
15 quarters
|
|
5
Vanguard Morningstar Growth ETF
VUG
$219B
| $65M | 6.99% |
3,203,382
+18,138
| +0.6% | +$358K |
2013 Q2
15 quarters
|
|
|
6
Vanguard Short-Term Bond ETF
BSV
$46.5B
| $56.3M | 6.06% |
706,650
+40,822
| +6% | +$3.25M |
2014 Q1
12 quarters
|
|
|
7
Procter & Gamble
PG
$394B
| $30.4M | 3.27% |
338,792
-15,329
| -4% | -$1.36M |
2013 Q2
15 quarters
|
|
8
iShares Russell 3000 ETF
IWV
$20.2B
| $14.6M | 1.57% |
104,356
-986
| -0.9% | -$136K |
2013 Q2
15 quarters
|
|
9
Meta Platforms (Facebook)
META
$1.64T
| $5.73M | 0.62% |
40,317
-1,231
| -3% | -$165K |
2013 Q3
14 quarters
|
|
|
10
Berkshire Hathaway Class A
BRK.A
$1.26T
| $5M | 0.54% |
20
-1,350
| -99% | -$339M |
2016 Q4
1 quarter
|
|
11
State Street SPDR S&P 500 ETF Trust
SPY
$800B
| $4.73M | 0.51% |
20,078
-135
| -0.7% | -$31.4K |
2014 Q3
10 quarters
|
|
12
iShares Russell Mid-Cap Growth ETF
IWP
$18.2B
| $4.27M | 0.46% |
82,282
-324
| -0.4% | -$16.5K |
2013 Q3
14 quarters
|
|
13
Apple
AAPL
$5.2T
| $4.06M | 0.44% |
113,116
+1,988
| +2% | +$65.5K |
2014 Q3
10 quarters
|
|
14
iShares MSCI Emerging Markets ETF
EEM
$28.2B
| $3.63M | 0.39% |
92,152
| – | – |
2015 Q3
6 quarters
|
|
15
US Bancorp
USB
$94.7B
| $3.6M | 0.39% |
69,847
+24
| +0% | +$1.28K |
2015 Q3
6 quarters
|
|
16
iShares Core S&P 500 ETF
IVV
$874B
| $3.39M | 0.37% |
14,302
-252
| -2% | -$58.9K |
2013 Q3
14 quarters
|
|
17
CVS Health
CVS
$113B
| $3.35M | 0.36% |
42,663
-751
| -2% | -$60K |
2015 Q3
6 quarters
|
|
18
iShares MSCI EAFE ETF
EFA
$77.3B
| $3.25M | 0.35% |
52,244
| – | – |
2013 Q3
14 quarters
|
|
19
iShares Core MSCI EAFE ETF
IEFA
$191B
| $2.71M | 0.29% |
46,817
-541
| -1% | -$30.4K |
2015 Q3
6 quarters
|
|
20
iShares Core US Aggregate Bond ETF
AGG
$137B
| $2.69M | 0.29% |
24,815
+295
| +1% | +$31.9K |
2015 Q4
5 quarters
|
|
21
Vanguard Global ex-US Real Estate ETF
VNQI
$3.31B
| $2.13M | 0.23% |
40,033
-199
| -0.5% | -$10.4K |
2013 Q2
15 quarters
|
|
22
iShares National Muni Bond ETF
MUB
$54.4B
| $2.06M | 0.22% |
18,871
+34
| +0.2% | +$3.69K |
2015 Q4
5 quarters
|
|
23
Cincinnati Financial
CINF
$29.2B
| $1.89M | 0.2% |
26,115
-466
| -2% | -$33.8K |
2015 Q4
5 quarters
|
|
24
iShares Russell 1000 Growth ETF
IWF
$118B
| $1.41M | 0.15% |
49,404
| – | – |
2014 Q3
10 quarters
|
|
25
GE Aerospace
GE
$343B
| $1.39M | 0.15% |
9,742
+417
| +4% | +$60.4K |
2013 Q2
15 quarters
|
|
Similar funds
Truepoint Inc's Q1 2017 Portfolio in Review
As of Q1 2017, Truepoint Inc held 99 positions worth $930M, up 3.4% from $899M the previous quarter. Its ten largest holdings account for 91% of the portfolio.
Truepoint Inc withdrew a net $334M in Q1 2017, closing 5 positions and reducing 33 holdings. Its most notable exit was Qualcomm, an estimated $386K position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 92% of assets, up from 92% a quarter earlier, followed by Consumer Staples and Financials.
Against the trend, Truepoint Inc opened a new position in iShares Core S&P Total US Stock Market ETF worth $631K.
- Truepoint Inc's largest Q1 2017 buy was iShares Core S&P Total US Stock Market ETF: 11,686 shares worth $631K.
- Truepoint Inc added most to Vanguard Short-Term Bond ETF in Q1 2017, an estimated $3.25M increase.
- Truepoint Inc's biggest Q1 2017 reduction was Berkshire Hathaway Class A, cutting an estimated $339M.
- Truepoint Inc fully exited Qualcomm in Q1 2017, selling an estimated $386K.
- Truepoint Inc's ten largest holdings make up 91% of its $930M portfolio in Q1 2017.
- Truepoint Inc opened 8 new positions and closed 5 in Q1 2017.
- Truepoint Inc's portfolio value rose 3.4% quarter-over-quarter to $930M.
Based on Truepoint Inc's 13F filing for Q1 2017, filed 21 Apr 2017.