ABSOLUTE CAPITAL MANAGEMENT LLC's Q2 2023 13F: 18 new positions, 10 exits
Form 13F-HR for the quarter ended Jun 30, 2023 · filed Jul 27, 2023 · 77 reported positions · accession 0001172661-23-002643
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | VANGUARD WHITEHALL FDS (VYM) | 2.2% | — | −2.2 pts | −22,300 sh | −100% |
| Reduced | VANGUARD WELLINGTON FD (VFMF) | 4.5% | 2.5% | −2.0 pts | −22,381 sh | −47% |
| Exited | SPDR GOLD TR (GLD) | 1.8% | — | −1.8 pts | −10,585 sh | −100% |
| Exited | INVESCO EXCHANGE TRADED FD T (RSPS) | 1.8% | — | −1.8 pts | −11,100 sh | −100% |
| Reduced | ISHARES TR (IHAK) | 2.1% | 0.8% | −1.3 pts | −38,500 sh | −63% |
| Increased | PALO ALTO NETWORKS INC (PANW) | 0.4% | 1.8% | +1.4 pts | +5,500 sh | +275% |
| Reduced | VANGUARD WORLD FDS (VGT) | 3.8% | 3.1% | −0.7 pts | −2,958 sh | −29% |
| New | SALESFORCE INC (CRM) | — | 1.2% | +1.2 pts | +6,001 sh | new |
| Reduced | SELECT SECTOR SPDR TR (XLB) | 4.1% | 3.1% | −1.0 pts | −13,854 sh | −26% |
| Increased | ISHARES TR (IYW) | 0.4% | 1.6% | +1.2 pts | +10,431 sh | +219% |
| Exited | VISA INC (V) | 1.1% | — | −1.1 pts | −4,914 sh | −100% |
| Increased | VANGUARD INTL EQUITY INDEX F (VGK) | 1.0% | 2.0% | +1.0 pts | +17,177 sh | +98% |
| New | VANGUARD WORLD FDS (VOX) | — | 1.0% | +1.0 pts | +9,707 sh | new |
| New | ISHARES TR (ITA) | — | 0.9% | +0.9 pts | +8,512 sh | new |
| New | QUANTA SVCS INC (PWR) | — | 0.9% | +0.9 pts | +4,645 sh | new |
| Increased | ISHARES TR (IBHF) | 2.8% | 3.6% | +0.8 pts | +38,026 sh | +29% |
| New | SPDR SER TR (CWB) | — | 0.8% | +0.8 pts | +12,349 sh | new |
| Increased | VANGUARD INDEX FDS (VOO) | 1.8% | 2.8% | +1.0 pts | +2,051 sh | +40% |
| Exited | ORACLE CORP (ORCL) | 0.7% | — | −0.7 pts | −8,300 sh | −100% |
| Increased | SELECT SECTOR SPDR TR (XLI) | 2.5% | 3.3% | +0.8 pts | +6,737 sh | +26% |
| New | ISHARES TR (IGLB) | — | 0.6% | +0.6 pts | +13,214 sh | new |
| Exited | EXXON MOBIL CORP (XOM) | 0.6% | — | −0.6 pts | −6,226 sh | −100% |
| New | VANGUARD INDEX FDS (VOT) | — | 0.6% | +0.6 pts | +3,087 sh | new |
| Exited | INVESCO EXCH TRD SLF IDX FD (BSJO) | 0.5% | — | −0.5 pts | −25,206 sh | −100% |
| Increased | ISHARES TR (SOXX) | 1.0% | 1.6% | +0.7 pts | +1,100 sh | +48% |
| Increased | ISHARES TR (USMV) | 4.7% | 5.3% | +0.6 pts | +6,605 sh | +10% |
| Exited | ISHARES TR (FLOT) | 0.4% | — | −0.4 pts | −8,900 sh | −100% |
| Increased | INVESCO EXCH TRADED FD TR II (RWL) | 5.2% | 5.9% | +0.7 pts | +5,521 sh | +8% |
| Increased | ISHARES TR (IVV) | 3.0% | 3.7% | +0.7 pts | +985 sh | +13% |
| Exited | SPDR SER TR (BIL) | 0.4% | — | −0.4 pts | −4,726 sh | −100% |
| New | INVESCO EXCH TRD SLF IDX FD (BSCP) | — | 0.4% | +0.4 pts | +21,092 sh | new |
| New | ON HLDG AG (ONON) | — | 0.3% | +0.3 pts | +11,000 sh | new |
| Increased | ISHARES TR (SHV) | 0.8% | 1.2% | +0.3 pts | +3,174 sh | +41% |
| New | UBER TECHNOLOGIES INC (UBER) | — | 0.3% | +0.3 pts | +7,000 sh | new |
| Exited | ZIMMER BIOMET HOLDINGS INC (ZBH) | 0.3% | — | −0.3 pts | −2,114 sh | −100% |
| New | VANGUARD INDEX FDS (VTI) | — | 0.3% | +0.3 pts | +1,204 sh | new |
| Increased | ISHARES TR (IUSB) | 1.6% | 1.9% | +0.2 pts | +5,753 sh | +15% |
| Increased | MICROSOFT CORP (MSFT) | 2.0% | 2.6% | +0.6 pts | +764 sh | +11% |
| New | FIDELITY MERRIMACK STR TR (FLTB) | — | 0.2% | +0.2 pts | +5,342 sh | new |
| New | FLEXSHARES TR (HYGV) | — | 0.2% | +0.2 pts | +5,549 sh | new |
| New | FIDELITY COVINGTON TRUST (FHLC) | — | 0.2% | +0.2 pts | +3,486 sh | new |
| New | VANGUARD BD INDEX FDS (BND) | — | 0.2% | +0.2 pts | +2,973 sh | new |
| New | ISHARES TR (IEFA) | — | 0.2% | +0.2 pts | +3,107 sh | new |
| Reduced | ISHARES TR (IGIB) | 9.8% | 3.0% | −6.7 pts | −4,110 sh | −6% |
| New | FLEXSHARES TR (QDF) | — | 0.2% | +0.2 pts | +3,526 sh | new |
| New | ISHARES TR (IVW) | — | 0.2% | +0.2 pts | +2,844 sh | new |
| Increased | ISHARES TR (QUAL) | 1.0% | 1.3% | +0.3 pts | +1,370 sh | +16% |
| Reduced | VANGUARD SCOTTSDALE FDS (VCLT) | 2.8% | 2.6% | −0.2 pts | −2,316 sh | −6% |
| Increased | VANGUARD BD INDEX FDS (BSV) | 1.3% | 1.4% | +0.1 pts | +2,169 sh | +13% |
| Increased | SCHWAB STRATEGIC TR (SCHD) | 1.0% | 1.1% | +0.1 pts | +2,227 sh | +16% |
The 50 largest of 82 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 37.9% of the equity book
Changes in the top 10 this quarter: IBHF entered · XLI entered · VFMF left · VCLT left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | INVESCO EXCH TRADED FD TR II (RWL) | 5.2% | 5.9% | |
| 2 | ISHARES TR (USMV) | 4.7% | 5.3% | |
| 3 | SELECT SECTOR SPDR TR (XLV) | 3.6% | 3.8% | |
| 4 | ISHARES TR (IVV) | 3.0% | 3.7% | |
| 5 | ISHARES TR (IBHF) | 2.8% | 3.6% | Entered the top 10 |
| 6 | SELECT SECTOR SPDR TR (XLI) | 2.5% | 3.3% | Entered the top 10 |
| 7 | SPDR SER TR (SPSB) | 3.2% | 3.2% | |
| 8 | SELECT SECTOR SPDR TR (XLB) | 4.1% | 3.1% | |
| 9 | VANGUARD WORLD FDS (VGT) | 3.8% | 3.1% | |
| 10 | ISHARES TR (IGIB) | 9.8% | 3.0% | |
| — | VANGUARD WELLINGTON FD (VFMF) | 4.5% | 2.5% | Left the top 10 |
| — | VANGUARD SCOTTSDALE FDS (VCLT) | 2.8% | 2.6% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).