Verdad Advisers Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
|
+$6.56M |
| 2 |
iShares Russell 2000 Value ETF
IWN
|
+$3.6M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$1.07M |
| 4 |
FFWM
First Foundation Inc
FFWM
|
+$669K |
| 5 |
J. Jill
JILL
|
+$568K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$10.7M |
| 2 |
Dimensional International High Profitability ETF
DIHP
|
+$7.05M |
| 3 |
Dimensional US High Profitability ETF
DUHP
|
+$6.46M |
| 4 |
iShares Core MSCI EAFE ETF
IEFA
|
+$6.43M |
| 5 |
TSMC
TSM
|
+$756K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 12.69% |
| 2 | Industrials | 12.07% |
| 3 | Consumer Discretionary | 11.79% |
| 4 | Technology | 9.85% |
| 5 | Communication Services | 8.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
KeyCorp
KEY
$23.8B
| $202K | 0.41% |
14,000
-40,000
| -74% | -$475K |
|
52
Jakks Pacific
JAKK
$303M
| $178K | 0.36% |
5,000
-12,901
| -72% | -$334K |
|
53
Organon & Co
OGN
$3.56B
| $101K | 0.2% |
7,000
-10,800
| -61% | -$147K |
|
|
54
Dimensional International High Profitability ETF
DIHP
$6.24B
| – | – |
-304,000
| Closed | -$7.05M |
|
|
55
Dimensional US High Profitability ETF
DUHP
$12.1B
| – | – |
-251,500
| Closed | -$6.46M |
|
56
DXC Technology
DXC
$1.91B
| – | – |
-5,000
| Closed | -$104K |
|
|
57
iShares Core MSCI EAFE ETF
IEFA
$186B
| – | – |
-100,000
| Closed | -$6.43M |
|
58
Occidental Petroleum
OXY
$55.7B
| – | – |
-7,000
| Closed | -$454K |
|
|
59
State Street SPDR S&P 500 ETF Trust
SPY
$771B
| – | – |
-25,000
| Closed | -$10.7M |
|
|
60
TSMC
TSM
$1.94T
| – | – |
-8,700
| Closed | -$756K |
|
|
BVH
61
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| – | – |
-12,366
| Closed | -$454K |
|
Similar funds
Verdad Advisers's Q4 2023 Portfolio in Review
As of Q4 2023, Verdad Advisers held 61 positions worth $49.3M, down 25% from $65.4M the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Verdad Advisers withdrew a net $22.5M in Q4 2023, closing 8 positions and reducing 21 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $10.7M position sold in full.
By sector, the portfolio is most concentrated in Financials at 13% of assets, up from 6.7% a quarter earlier, followed by Industrials and Consumer Discretionary.
Against the trend, Verdad Advisers opened a new position in Vanguard FTSE All-World ex-US Small-Cap Index Fund worth $7.02M.
- Verdad Advisers's largest Q4 2023 buy was Vanguard FTSE All-World ex-US Small-Cap Index Fund: 61,000 shares worth $7.02M.
- Verdad Advisers added most to First Foundation Inc in Q4 2023, an estimated $669K increase.
- Verdad Advisers's biggest Q4 2023 reduction was Microsoft, cutting an estimated $569K.
- Verdad Advisers fully exited State Street SPDR S&P 500 ETF Trust in Q4 2023, selling an estimated $10.7M.
- Verdad Advisers's ten largest holdings make up 50% of its $49.3M portfolio in Q4 2023.
- Verdad Advisers opened 10 new positions and closed 8 in Q4 2023.
- Verdad Advisers's portfolio value fell 25% quarter-over-quarter to $49.3M.
Based on Verdad Advisers's 13F filing for Q4 2023, filed 9 Feb 2024.