Verdad Advisers Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$20.5M |
| 2 |
Everest Group
EG
|
+$2.03M |
| 3 |
Ark Restaurants
ARKR
|
+$790K |
| 4 |
CoreCivic
CXW
|
+$404K |
| 5 |
SALM
Salem Media Group, Inc. Class A Common Stock
SALM
|
+$186K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$21.5M |
| 2 |
iShares 3-7 Year Treasury Bond ETF
IEI
|
+$21.5M |
| 3 |
Vanguard Short-Term Treasury ETF
VGSH
|
+$5.71M |
| 4 |
ALJJ
ALJ Regional Holdings Inc
ALJJ
|
+$1.84M |
| 5 |
TSMC
TSM
|
+$1.55M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 13.38% |
| 2 | Communication Services | 10.23% |
| 3 | Financials | 9% |
| 4 | Consumer Discretionary | 7.85% |
| 5 | Industrials | 7.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
iShares 7-10 Year Treasury Bond ETF
IEF
$47.4B
| – | – |
-210,000
| Closed | -$21.5M |
|
|
27
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
| – | – |
-180,000
| Closed | -$21.5M |
|
28
Microsoft
MSFT
$2.92T
| – | – |
-4,000
| Closed | -$1.03M |
|
|
29
TSMC
TSM
$2.03T
| – | – |
-19,000
| Closed | -$1.55M |
|
|
TA
30
DELISTED
TravelCenters of America LLC
TA
| – | – |
-25,000
| Closed | -$862K |
|
|
ALJJ
31
DELISTED
ALJ Regional Holdings Inc
ALJJ
| – | – |
-953,294
| Closed | -$1.84M |
|
Similar funds
Verdad Advisers's Q3 2022 Portfolio in Review
As of Q3 2022, Verdad Advisers held 31 positions worth $68.8M, down 35% from $106M the previous quarter. Its ten largest holdings account for 75% of the portfolio.
Verdad Advisers withdrew a net $32.9M in Q3 2022, closing 6 positions and reducing 10 holdings. Its most notable exit was iShares 7-10 Year Treasury Bond ETF, an estimated $21.5M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 13% of assets, up from 9.8% a quarter earlier, followed by Communication Services and Financials.
Against the trend, Verdad Advisers opened a new position in iShares 5-10 Year Investment Grade Corporate Bond ETF worth $19.3M.
- Verdad Advisers's largest Q3 2022 buy was iShares 5-10 Year Investment Grade Corporate Bond ETF: 400,000 shares worth $19.3M.
- Verdad Advisers added most to CoreCivic in Q3 2022, an estimated $404K increase.
- Verdad Advisers's biggest Q3 2022 reduction was Vanguard Short-Term Treasury ETF, cutting an estimated $5.71M.
- Verdad Advisers fully exited iShares 7-10 Year Treasury Bond ETF in Q3 2022, selling an estimated $21.5M.
- Verdad Advisers's ten largest holdings make up 75% of its $68.8M portfolio in Q3 2022.
- Verdad Advisers opened 3 new positions and closed 6 in Q3 2022.
- Verdad Advisers's portfolio value fell 35% quarter-over-quarter to $68.8M.
Based on Verdad Advisers's 13F filing for Q3 2022, filed 14 Nov 2022.