Trust Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$17.9M |
| 2 |
Enterprise Products Partners
EPD
|
+$6.06M |
| 3 |
WPZ
Williams Partners L.P.
WPZ
|
+$6.06M |
| 4 |
FAX
abrdn Asia-Pacific Income Fund
FAX
|
+$2.44M |
| 5 |
Plains All American Pipeline
PAA
|
+$2.02M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
|
+$4.27M |
| 2 |
GHY
PGIM Global High Yield Fund
GHY
|
+$2.34M |
| 3 |
EAD
Allspring Income Opportunities Fund
EAD
|
+$1.62M |
| 4 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$1.55M |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$1.01M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 13.34% |
| 2 | Communication Services | 7.35% |
| 3 | Technology | 1.18% |
| 4 | Financials | 1.01% |
| 5 | Industrials | 0.36% |
Similar funds
Trust Asset Management's Q3 2016 Portfolio in Review
As of Q3 2016, Trust Asset Management held 73 positions worth $251M, up 18% from $212M the previous quarter. Its ten largest holdings account for 81% of the portfolio.
Trust Asset Management deployed $26.6M of net new capital in Q3 2016, opening 8 new positions and adding to 6 existing holdings. Its largest new stake was Alphabet (Google) Class C: 472,000 shares worth $18.3M.
By sector, the portfolio is most concentrated in Energy at 13% of assets, up from 9.1% a quarter earlier, followed by Communication Services and Technology.
On the sell side, the largest reduction was Allspring Income Opportunities Fund, an estimated $1.62M trimmed.
- Trust Asset Management's largest Q3 2016 buy was Alphabet (Google) Class C: 472,000 shares worth $18.3M.
- Trust Asset Management added most to Williams Partners L.P. in Q3 2016, an estimated $6.06M increase.
- Trust Asset Management's biggest Q3 2016 reduction was Allspring Income Opportunities Fund, cutting an estimated $1.62M.
- Trust Asset Management fully exited PIMCO Dynamic Credit and Mortgage Income Fund in Q3 2016, selling an estimated $4.27M.
- Trust Asset Management's ten largest holdings make up 81% of its $251M portfolio in Q3 2016.
- Trust Asset Management opened 8 new positions and closed 12 in Q3 2016.
- Trust Asset Management's portfolio value rose 18% quarter-over-quarter to $251M.
Based on Trust Asset Management's 13F filing for Q3 2016, filed 5 Oct 2016.