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
|
+$6.82M |
| 2 |
Vanguard Real Estate ETF
VNQ
|
+$4.69M |
| 3 |
Procter & Gamble
PG
|
+$600K |
| 4 |
ProShares UltraPro Short QQQ
SQQQ
|
+$579K |
| 5 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$474K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$1.25M |
| 2 |
iShares National Muni Bond ETF
MUB
|
+$1.08M |
| 3 |
Vanguard Morningstar Large-Cap ETF
VV
|
+$932K |
| 4 |
Vanguard Morningstar Growth ETF
VUG
|
+$865K |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$776K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 94.47% |
| 2 | Consumer Staples | 2.75% |
| 3 | Communication Services | 0.69% |
| 4 | Financials | 0.66% |
| 5 | Technology | 0.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Vanguard Morningstar Total Stock Market ETF
VTI
$694B
| $359M | 33.76% |
2,615,648
+3,541
| +0.1% | +$474K |
2013 Q2
18 quarters
|
|
|
2
Vanguard FTSE Developed Markets ETF
VEA
$231B
| $215M | 20.25% |
4,801,204
-28,216
| -0.6% | -$1.25M |
2013 Q2
18 quarters
|
|
3
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.1B
| $122M | 11.48% |
956,076
-926
| -0.1% | -$116K |
2013 Q2
18 quarters
|
|
|
4
Vanguard Real Estate ETF
VNQ
$38.9B
| $90M | 8.47% |
1,084,907
+56,014
| +5% | +$4.69M |
2013 Q2
18 quarters
|
|
|
5
Vanguard Morningstar Growth ETF
VUG
$221B
| $75.4M | 7.09% |
3,216,246
-37,674
| -1% | -$865K |
2013 Q2
18 quarters
|
|
|
6
Vanguard Short-Term Bond ETF
BSV
$46.6B
| $71.9M | 6.76% |
908,409
+85,827
| +10% | +$6.82M |
2014 Q1
15 quarters
|
|
|
7
Procter & Gamble
PG
$389B
| $27.8M | 2.61% |
302,228
+6,672
| +2% | +$600K |
2013 Q2
18 quarters
|
|
8
iShares Russell 3000 ETF
IWV
$20.4B
| $14.8M | 1.39% |
93,384
-2,301
| -2% | -$355K |
2013 Q2
18 quarters
|
|
9
Meta Platforms (Facebook)
META
$1.61T
| $6.06M | 0.57% |
34,346
-1,571
| -4% | -$278K |
2013 Q3
17 quarters
|
|
10
State Street SPDR S&P 500 ETF Trust
SPY
$806B
| $5.72M | 0.54% |
21,444
-264
| -1% | -$68.7K |
2014 Q3
13 quarters
|
|
11
iShares Russell Mid-Cap Growth ETF
IWP
$18.5B
| $4.84M | 0.45% |
80,160
-232
| -0.3% | -$13.6K |
2013 Q3
17 quarters
|
|
12
Apple
AAPL
$5.17T
| $4.68M | 0.44% |
110,672
-4,480
| -4% | -$187K |
2014 Q3
13 quarters
|
|
13
iShares Core S&P 500 ETF
IVV
$881B
| $4.19M | 0.39% |
15,591
+211
| +1% | +$55.3K |
2013 Q3
17 quarters
|
|
14
iShares MSCI Emerging Markets ETF
EEM
$28.8B
| $4.02M | 0.38% |
85,396
-5,008
| -6% | -$232K |
2015 Q3
9 quarters
|
|
15
iShares MSCI EAFE ETF
EFA
$77.7B
| $3.62M | 0.34% |
51,459
-2,435
| -5% | -$169K |
2013 Q3
17 quarters
|
|
16
CVS Health
CVS
$115B
| $3.16M | 0.3% |
43,512
-2,695
| -6% | -$196K |
2015 Q3
9 quarters
|
|
17
US Bancorp
USB
$94.6B
| $2.88M | 0.27% |
53,720
-3,581
| -6% | -$193K |
2015 Q3
9 quarters
|
|
|
18
iShares National Muni Bond ETF
MUB
$55B
| $2.87M | 0.27% |
25,904
-9,794
| -27% | -$1.08M |
2015 Q4
8 quarters
|
|
19
Vanguard Global ex-US Real Estate ETF
VNQI
$3.31B
| $2.35M | 0.22% |
38,902
+904
| +2% | +$54.3K |
2013 Q2
18 quarters
|
|
20
iShares Core MSCI EAFE ETF
IEFA
$193B
| $2.35M | 0.22% |
35,578
+5,464
| +18% | +$356K |
2015 Q3
9 quarters
|
|
21
iShares Russell 1000 Growth ETF
IWF
$119B
| $2.01M | 0.19% |
59,704
+4,252
| +8% | +$139K |
2014 Q3
13 quarters
|
|
22
Cincinnati Financial
CINF
$29.1B
| $1.94M | 0.18% |
25,831
+300
| +1% | +$22.3K |
2015 Q4
8 quarters
|
|
23
Vanguard FTSE All-World ex-US ETF
VEU
$67.2B
| $1.52M | 0.14% |
27,738
+124
| +0.4% | +$6.67K |
2014 Q3
13 quarters
|
|
24
iShares Core S&P Mid-Cap ETF
IJH
$126B
| $1.17M | 0.11% |
30,875
+5,425
| +21% | +$201K |
2015 Q3
9 quarters
|
|
|
FFKT
25
DELISTED
Farmers Capital Bank Corp
FFKT
| $1.15M | 0.11% |
29,922
| – | – |
2016 Q4
4 quarters
|
|
Similar funds
Truepoint Inc's Q4 2017 Portfolio in Review
As of Q4 2017, Truepoint Inc held 113 positions worth $1.06B, up 4.3% from $1.02B the previous quarter. Its ten largest holdings account for 93% of the portfolio.
Truepoint Inc's Q4 2017 filing shows 9 new, 42 increased, 31 reduced and 19 closed positions. Its largest new stake was ProShares UltraPro Short QQQ: 10 shares worth $538K. The largest sale was Vanguard FTSE Developed Markets ETF, an estimated $1.25M.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, up from 94% a quarter earlier, followed by Consumer Staples and Communication Services.
- Truepoint Inc's largest Q4 2017 buy was ProShares UltraPro Short QQQ: 10 shares worth $538K.
- Truepoint Inc added most to Vanguard Short-Term Bond ETF in Q4 2017, an estimated $6.82M increase.
- Truepoint Inc's biggest Q4 2017 reduction was Vanguard FTSE Developed Markets ETF, cutting an estimated $1.25M.
- Truepoint Inc fully exited Vanguard Morningstar Large-Cap ETF in Q4 2017, selling an estimated $932K.
- Truepoint Inc's ten largest holdings make up 93% of its $1.06B portfolio in Q4 2017.
- Truepoint Inc opened 9 new positions and closed 19 in Q4 2017.
- Truepoint Inc's portfolio value rose 4.3% quarter-over-quarter to $1.06B.
Based on Truepoint Inc's 13F filing for Q4 2017, filed 5 Feb 2018.