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ZF

Zhang Financial Portfolio holdings

AUM $3.42B
1-Year Est. Return 23.04%
This Fund
S&P 500
This Quarter Est. Return
+8.3%
1 Year Est. Return
+23.04%
3 Year Est. Return
+67.89%
5 Year Est. Return
+72.89%
10 Year Est. Return
+216.66%
AUM
$784M
AUM Growth
+$121M
Cap. Flow
+$70.8M
Cap. Flow %
9.03%
Top 10 Hldgs %
48.38%
Holding
240
New
23
Increased
103
Reduced
77
Closed
13

Top Buys

Rank Stock Value
1
DFUS
Dimensional US Equity ETF
DFUS
+$19.4M
2
DFAI
Dimensional International Core Equity Market ETF
DFAI
+$11.7M
3
VOO icon
Vanguard S&P 500 ETF
VOO
+$9.94M
4
ICSH icon
iShares Ultra Short Duration Bond Active ETF
ICSH
+$6.05M
5
DFAC icon
Dimensional US Core Equity 2 ETF
DFAC
+$4.39M

Top Sells

Rank Stock Value
1
BKLC icon
BNY Mellon US Large Cap Core Equity ETF
BKLC
+$4.25M
2
BKAG icon
BNY Mellon Core Bond ETF
BKAG
+$3M
3
AAPL icon
Apple
AAPL
+$2.5M
4
BND icon
Vanguard Total Bond Market
BND
+$1.79M
5
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$1.62M

Sector Composition

Rank Sector Weight
1 Technology 6.11%
2 Healthcare 5.17%
3 Financials 2.45%
4 Consumer Staples 2.02%
5 Industrials 1.51%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TLSA icon
226
Tiziana Life Sciences
TLSA
$126M
$12.4K ﹤0.01%
20,700
– –
SDC
227
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
$4.26K ﹤0.01%
12,111
-2,822
-19% -$1.86K
DCH
228
Dauch Corp
DCH
$1.42B
– –
-10,974
Closed -$75K
BAC icon
229
Bank of America
BAC
$442B
– –
-6,811
Closed -$206K
COIN icon
230
Coinbase
COIN
$39.5B
– –
-3,462
Closed -$223K
COST icon
231
Costco
COST
$418B
– –
-534
Closed -$252K
DIS icon
232
Walt Disney
DIS
$177B
– –
-2,156
Closed -$203K
IEMG icon
233
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
– –
-8,994
Closed -$387K
IWB icon
234
iShares Russell 1000 ETF
IWB
$49.8B
– –
-5,408
Closed -$1.07M
LNC icon
235
Lincoln National
LNC
$8.98B
– –
-5,175
Closed -$227K
NMFC icon
236
New Mountain Finance
NMFC
$694M
– –
-11,861
Closed -$137K
SCHK icon
237
Schwab 1000 Index ETF
SCHK
$5.89B
– –
-39,820
Closed -$689K
SPYV icon
238
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.7B
– –
-13,288
Closed -$458K
TGT icon
239
Target
TGT
$67.1B
– –
-2,126
Closed -$315K
VCIT icon
240
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
– –
-5,138
Closed -$389K
6 7 8 9
10

Similar funds

CIA
Caledonia Investments (Australia) Sydney NSW, Australia $3.44B AUM 20.03% 1-Year Est. Return
JGC
J. Goldman & Co New York $3.44B AUM 33.8% 1-Year Est. Return
MCM
Marsico Capital Management Denver, Colorado $3.4B AUM 51.58% 1-Year Est. Return
PWP
Perfromance Wealth Partners Hinsdale, Illinois $3.45B AUM 29.14% 1-Year Est. Return
RBA
Richard Bernstein Advisors New York $3.45B AUM 16.24% 1-Year Est. Return
PCM
PAR Capital Management Boston, Massachusetts $3.45B AUM 28.5% 1-Year Est. Return
LNC
Lincoln National Corp Radnor, Pennsylvania $3.45B AUM 12.55% 1-Year Est. Return
BG
Bollard Group Boston, Massachusetts $3.39B AUM 1.06% 1-Year Est. Return

Zhang Financial's Q4 2022 Portfolio in Review

As of Q4 2022, Zhang Financial held 240 positions worth $784M, up 18% from $663M the previous quarter. Its ten largest holdings account for 48% of the portfolio.

Zhang Financial deployed $70.8M of net new capital in Q4 2022, opening 23 new positions and adding to 103 existing holdings. Its largest new stake was Vanguard Ultra-Short Bond ETF: 36,821 shares worth $1.8M.

By sector, the portfolio is most concentrated in Technology at 6.1% of assets, down from 7.3% a quarter earlier, followed by Healthcare and Financials.

On the sell side, the largest reduction was BNY Mellon US Large Cap Core Equity ETF, an estimated $4.25M trimmed.

  • Zhang Financial's largest Q4 2022 buy was Vanguard Ultra-Short Bond ETF: 36,821 shares worth $1.8M.
  • Zhang Financial added most to Dimensional US Equity ETF in Q4 2022, an estimated $19.4M increase.
  • Zhang Financial's biggest Q4 2022 reduction was BNY Mellon US Large Cap Core Equity ETF, cutting an estimated $4.25M.
  • Zhang Financial fully exited iShares Russell 1000 ETF in Q4 2022, selling an estimated $1.07M.
  • Zhang Financial's ten largest holdings make up 48% of its $784M portfolio in Q4 2022.
  • Zhang Financial opened 23 new positions and closed 13 in Q4 2022.
  • Zhang Financial's portfolio value rose 18% quarter-over-quarter to $784M.

Based on Zhang Financial's 13F filing for Q4 2022, filed 17 Jan 2023.