ABSOLUTE CAPITAL MANAGEMENT LLC's Q2 2024 13F: 15 new positions, 14 exits
Form 13F-HR for the quarter ended Jun 30, 2024 · filed Aug 9, 2024 · 105 reported positions · accession 0001172661-24-003191
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | INVESCO EXCH TRADED FD TR II (SPHD) | 4.0% | — | −4.0 pts | −143K sh | −100% |
| New | INVESCO EXCHANGE TRADED FD T (RSP) | — | 3.6% | +3.6 pts | +35,749 sh | new |
| Reduced | INVESCO EXCH TRADED FD TR II (RWL) | 6.3% | 2.7% | −3.6 pts | −56,680 sh | −54% |
| Increased | SELECT SECTOR SPDR TR (XLK) | 0.5% | 3.4% | +2.8 pts | +20,377 sh | +499% |
| Reduced | INVESCO QQQ TR (QQQ) | 7.5% | 5.1% | −2.5 pts | −9,101 sh | −34% |
| Increased | ISHARES TR (QUAL) | 1.2% | 2.6% | +1.4 pts | +13,814 sh | +121% |
| New | ISHARES INC (EEMV) | — | 1.3% | +1.3 pts | +36,700 sh | new |
| New | CAPITAL GROUP DIVIDEND VALUE (CGDV) | — | 1.1% | +1.1 pts | +53,375 sh | new |
| Reduced | SELECT SECTOR SPDR TR (XLI) | 1.4% | 0.3% | −1.1 pts | −13,199 sh | −76% |
| Increased | VANGUARD WORLD FD (VIS) | 2.7% | 3.5% | +0.7 pts | +6,688 sh | +38% |
| Increased | FIDELITY COVINGTON TRUST (FDLO) | 1.7% | 2.6% | +0.9 pts | +27,451 sh | +58% |
| Reduced | VANGUARD WELLINGTON FD (VFMF) | 1.9% | 0.8% | −1.1 pts | −12,556 sh | −53% |
| Exited | MCDONALDS CORP (MCD) | 0.8% | — | −0.8 pts | −4,646 sh | −100% |
| Exited | ARISTA NETWORKS INC (ANET) | 0.8% | — | −0.8 pts | −4,355 sh | −100% |
| Increased | ISHARES TR (USMV) | 1.0% | 1.8% | +0.7 pts | +15,588 sh | +82% |
| Reduced | VANECK ETF TRUST (SMH) | 6.3% | 6.2% | −0.1 pts | −4,616 sh | −10% |
| Exited | PACCAR INC (PCAR) | 0.7% | — | −0.7 pts | −9,100 sh | −100% |
| New | GOLDMAN SACHS GROUP INC (GS) | — | 0.7% | +0.7 pts | +2,401 sh | new |
| Increased | ALPHABET INC (GOOGL) | 0.2% | 0.8% | +0.6 pts | +5,621 sh | +347% |
| Exited | VANGUARD INTL EQUITY INDEX F (VGK) | 0.6% | — | −0.6 pts | −14,201 sh | −100% |
| Reduced | ISHARES TR (IWM) | 1.8% | 1.1% | −0.8 pts | −4,909 sh | −36% |
| New | ISHARES TR (EFA) | — | 0.6% | +0.6 pts | +12,574 sh | new |
| Increased | SPDR SER TR (VLU) | 2.2% | 2.6% | +0.4 pts | +4,900 sh | +25% |
| Increased | VANGUARD INDEX FDS (VOO) | 0.2% | 0.6% | +0.5 pts | +1,579 sh | +314% |
| Increased | MICROSOFT CORP (MSFT) | 0.3% | 0.8% | +0.5 pts | +1,755 sh | +165% |
| Exited | ISHARES TR (IBHD) | 0.5% | — | −0.5 pts | −31,100 sh | −100% |
| New | QUANTA SVCS INC (PWR) | — | 0.4% | +0.4 pts | +2,659 sh | new |
| Increased | ISHARES TR (IVW) | 0.7% | 1.1% | +0.4 pts | +6,626 sh | +54% |
| New | ISHARES TR (IJH) | — | 0.4% | +0.4 pts | +10,311 sh | new |
| Exited | MASTERCARD INCORPORATED (MA) | 0.4% | — | −0.4 pts | −1,164 sh | −100% |
| Exited | UBER TECHNOLOGIES INC (UBER) | 0.3% | — | −0.3 pts | −6,687 sh | −100% |
| Exited | TJX COS INC NEW (TJX) | 0.3% | — | −0.3 pts | −4,573 sh | −100% |
| New | FIDELITY COVINGTON TRUST (FDVV) | — | 0.3% | +0.3 pts | +10,000 sh | new |
| Increased | ISHARES TR (EFG) | 0.4% | 0.6% | +0.2 pts | +4,233 sh | +70% |
| Increased | PALANTIR TECHNOLOGIES INC (PLTR) | 0.2% | 0.4% | +0.3 pts | +16,000 sh | +144% |
| Increased | COSTCO WHSL CORP NEW (COST) | 0.3% | 0.6% | +0.3 pts | +474 sh | +76% |
| Increased | VISA INC (V) | 0.3% | 0.5% | +0.2 pts | +1,535 sh | +106% |
| Increased | WALMART INC (WMT) | 0.2% | 0.5% | +0.3 pts | +5,799 sh | +94% |
| New | ISHARES TR (SHYG) | — | 0.2% | +0.2 pts | +9,265 sh | new |
| Exited | CHART INDS INC (GTLS) | 0.2% | — | −0.2 pts | −2,200 sh | −100% |
| Reduced | SELECT SECTOR SPDR TR (XLV) | 1.2% | 0.9% | −0.3 pts | −2,569 sh | −20% |
| Increased | NETFLIX INC (NFLX) | 0.4% | 0.6% | +0.2 pts | +534 sh | +59% |
| Exited | CAMPBELL SOUP CO (CPB) | 0.2% | — | −0.2 pts | −7,300 sh | −100% |
| Reduced | INVESCO EXCH TRD SLF IDX FD (BSJQ) | 0.9% | 0.6% | −0.2 pts | −14,225 sh | −25% |
| Reduced | ISHARES TR (IVV) | 2.7% | 2.5% | −0.2 pts | −590 sh | −7% |
| Increased | FLEXSHARES TR (BNDC) | 0.2% | 0.4% | +0.2 pts | +14,466 sh | +96% |
| New | SPDR SER TR (SPYG) | — | 0.2% | +0.2 pts | +3,773 sh | new |
| New | VANGUARD BD INDEX FDS (BLV) | — | 0.2% | +0.2 pts | +4,030 sh | new |
| Exited | INVESCO EXCHANGE TRADED FD T (PKB) | 0.2% | — | −0.2 pts | −3,500 sh | −100% |
| Increased | ISHARES INC (IEMG) | 0.2% | 0.3% | +0.2 pts | +4,848 sh | +93% |
The 50 largest of 112 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 — 37.4% of the equity book
Changes in the top 10 this quarter: RSP entered · XLK entered · SPHD left · IVV left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | VANECK ETF TRUST (SMH) | 6.3% | 6.2% | |
| 2 | INVESCO QQQ TR (QQQ) | 7.5% | 5.1% | |
| 3 | VANGUARD INDEX FDS (VTI) | 3.6% | 3.6% | |
| 4 | INVESCO EXCHANGE TRADED FD T (RSP) | 0.0% | 3.6% | Entered the top 10 |
| 5 | ISHARES TR (SOXX) | 3.4% | 3.5% | |
| 6 | VANGUARD WORLD FD (VIS) | 2.7% | 3.5% | |
| 7 | SELECT SECTOR SPDR TR (XLK) | 0.5% | 3.4% | Entered the top 10 |
| 8 | SPDR S&P 500 ETF TR (SPY) | 3.4% | 3.2% | |
| 9 | INVESCO EXCH TRADED FD TR II (RWL) | 6.3% | 2.7% | |
| 10 | SPDR DOW JONES INDL AVERAGE (DIA) | 2.9% | 2.7% | |
| — | INVESCO EXCH TRADED FD TR II (SPHD) | 4.0% | 0.0% | Left the top 10 |
| — | ISHARES TR (IVV) | 2.7% | 2.5% | 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).