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 Morningstar Total Stock Market ETF
VTI
|
+$4.73M |
| 2 |
Vanguard Short-Term Bond ETF
BSV
|
+$3.19M |
| 3 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$3.14M |
| 4 |
Vanguard Real Estate ETF
VNQ
|
+$2.56M |
| 5 |
iShares National Muni Bond ETF
MUB
|
+$1.85M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class A
BRK.A
|
+$2.67M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$1.9M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.03M |
| 4 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$878K |
| 5 |
Procter & Gamble
PG
|
+$875K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 94.09% |
| 2 | Consumer Staples | 2.87% |
| 3 | Financials | 0.73% |
| 4 | Communication Services | 0.72% |
| 5 | Technology | 0.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Vanguard Morningstar Total Stock Market ETF
VTI
$695B
| $338M | 33.17% |
2,612,107
+37,334
| +1% | +$4.73M |
2013 Q2
17 quarters
|
|
|
2
Vanguard FTSE Developed Markets ETF
VEA
$232B
| $210M | 20.56% |
4,829,420
+74,041
| +2% | +$3.14M |
2013 Q2
17 quarters
|
|
3
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19B
| $117M | 11.42% |
957,002
+14,857
| +2% | +$1.77M |
2013 Q2
17 quarters
|
|
|
4
Vanguard Real Estate ETF
VNQ
$39.1B
| $85.5M | 8.38% |
1,028,893
+30,603
| +3% | +$2.56M |
2013 Q2
17 quarters
|
|
5
Vanguard Morningstar Growth ETF
VUG
$224B
| $72M | 7.06% |
3,253,920
+22,938
| +0.7% | +$499K |
2013 Q2
17 quarters
|
|
|
6
Vanguard Short-Term Bond ETF
BSV
$45.7B
| $65.7M | 6.44% |
822,582
+39,836
| +5% | +$3.19M |
2014 Q1
14 quarters
|
|
|
7
Procter & Gamble
PG
$389B
| $26.9M | 2.64% |
295,556
-9,616
| -3% | -$875K |
2013 Q2
17 quarters
|
|
8
iShares Russell 3000 ETF
IWV
$20.6B
| $14.3M | 1.4% |
95,685
-441
| -0.5% | -$64.4K |
2013 Q2
17 quarters
|
|
9
Meta Platforms (Facebook)
META
$1.65T
| $6.14M | 0.6% |
35,917
-350
| -1% | -$58.4K |
2013 Q3
16 quarters
|
|
10
State Street SPDR S&P 500 ETF Trust
SPY
$812B
| $5.45M | 0.53% |
21,708
| – | – |
2014 Q3
12 quarters
|
|
11
iShares Russell Mid-Cap Growth ETF
IWP
$18.3B
| $4.55M | 0.45% |
80,392
-24
| -0% | -$1.32K |
2013 Q3
16 quarters
|
|
12
Apple
AAPL
$5.16T
| $4.44M | 0.44% |
115,152
+1,820
| +2% | +$70.6K |
2014 Q3
12 quarters
|
|
13
iShares MSCI Emerging Markets ETF
EEM
$28.7B
| $4.05M | 0.4% |
90,404
-415
| -0.5% | -$18.3K |
2015 Q3
8 quarters
|
|
|
14
iShares National Muni Bond ETF
MUB
$54.5B
| $3.96M | 0.39% |
35,698
+16,689
| +88% | +$1.85M |
2015 Q4
7 quarters
|
|
15
iShares Core S&P 500 ETF
IVV
$885B
| $3.89M | 0.38% |
15,380
+713
| +5% | +$177K |
2013 Q3
16 quarters
|
|
16
CVS Health
CVS
$102B
| $3.76M | 0.37% |
46,207
+2,912
| +7% | +$230K |
2015 Q3
8 quarters
|
|
17
iShares MSCI EAFE ETF
EFA
$78.4B
| $3.69M | 0.36% |
53,894
-337
| -0.6% | -$22.5K |
2013 Q3
16 quarters
|
|
18
US Bancorp
USB
$94.4B
| $3.07M | 0.3% |
57,301
+1,650
| +3% | +$86.3K |
2015 Q3
8 quarters
|
|
19
Vanguard Global ex-US Real Estate ETF
VNQI
$3.37B
| $2.26M | 0.22% |
37,998
-1,107
| -3% | -$64.7K |
2013 Q2
17 quarters
|
|
20
Cincinnati Financial
CINF
$28.9B
| $1.96M | 0.19% |
25,531
-550
| -2% | -$41.8K |
2015 Q4
7 quarters
|
|
|
21
iShares Core MSCI EAFE ETF
IEFA
$194B
| $1.93M | 0.19% |
30,114
-16,390
| -35% | -$1.03M |
2015 Q3
8 quarters
|
|
22
iShares Russell 1000 Growth ETF
IWF
$121B
| $1.73M | 0.17% |
55,452
-11,016
| -17% | -$337K |
2014 Q3
12 quarters
|
|
23
Vanguard Morningstar Mid-Cap ETF
VO
$108B
| $1.53M | 0.15% |
41,684
+29,076
| +231% | +$1.05M |
2016 Q3
4 quarters
|
|
24
Vanguard FTSE All-World ex-US ETF
VEU
$67.5B
| $1.46M | 0.14% |
27,614
+11
| +0% | +$569 |
2014 Q3
12 quarters
|
|
|
FFKT
25
DELISTED
Farmers Capital Bank Corp
FFKT
| $1.26M | 0.12% |
29,922
| – | – |
2016 Q4
3 quarters
|
|
Similar funds
Truepoint Inc's Q3 2017 Portfolio in Review
As of Q3 2017, Truepoint Inc held 112 positions worth $1.02B, up 2.5% from $995M the previous quarter. Its ten largest holdings account for 92% of the portfolio.
Truepoint Inc's Q3 2017 filing shows 12 new, 29 increased, 50 reduced and 8 closed positions. Its largest new stake was Vanguard Morningstar Large-Cap ETF: 8,075 shares worth $932K. The largest sale was Berkshire Hathaway Class A, an estimated $2.67M.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, up from 94% a quarter earlier, followed by Consumer Staples and Financials.
- Truepoint Inc's largest Q3 2017 buy was Vanguard Morningstar Large-Cap ETF: 8,075 shares worth $932K.
- Truepoint Inc added most to Vanguard Morningstar Total Stock Market ETF in Q3 2017, an estimated $4.73M increase.
- Truepoint Inc's biggest Q3 2017 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $1.9M.
- Truepoint Inc fully exited Berkshire Hathaway Class A in Q3 2017, selling an estimated $2.67M.
- Truepoint Inc's ten largest holdings make up 92% of its $1.02B portfolio in Q3 2017.
- Truepoint Inc opened 12 new positions and closed 8 in Q3 2017.
- Truepoint Inc's portfolio value rose 2.5% quarter-over-quarter to $1.02B.
Based on Truepoint Inc's 13F filing for Q3 2017, filed 17 Nov 2017.