Destination Wealth Management's Q1 2024 13F: 14 new positions, 6 exits

Form 13F-HR for the quarter ended Mar 31, 2024 · filed May 14, 2024 · 205 reported positions · accession 0001278573-24-000006

View the filing on SEC.gov

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
Reduced SCHWAB STRATEGIC TR (SCHZ) 4.1% 1.8% −2.3 pts −1.34M sh −53%
Reduced SCHWAB STRATEGIC TR (SCHX) 1.8% 1.1% −0.7 pts −381K sh −42%
Increased ISHARES TR (AGG) 3.5% 4.0% +0.5 pts +217K sh +21%
Increased ISHARES TR (TLH) 2.1% 2.5% +0.4 pts +144K sh +25%
Reduced SPDR SER TR (SPSB) 2.1% 1.6% −0.5 pts −443K sh −22%
Increased ISHARES TR (IUSB) 1.1% 1.3% +0.2 pts +154K sh +23%
Increased ISHARES INC (IEMG) 1.9% 2.1% +0.1 pts +100K sh +9%
Increased ISHARES TR (IGSB) 2.1% 2.2% +0.1 pts +100K sh +8%
Increased ISHARES TR (STIP) 2.2% 2.2% +0.1 pts +46,510 sh +7%
Increased BERKSHIRE HATHAWAY INC DEL (BRK-B) 0.8% 1.1% +0.2 pts +10,168 sh +15%
Reduced VERALTO CORP (VLTO) 0.1% 0.0% −0.1 pts −41,774 sh −90%
Reduced SCHWAB STRATEGIC TR (SCHE) 0.2% 0.1% −0.1 pts −138K sh −52%
Reduced SCHWAB STRATEGIC TR (SCHF) 0.3% 0.2% −0.1 pts −89,327 sh −36%
Increased ISHARES U S ETF TR (LQDH) 2.3% 2.3% 0.0 pts +36,186 sh +5%
Reduced SCHWAB STRATEGIC TR (SCHB) 0.3% 0.2% −0.1 pts −53,246 sh −34%
Reduced COSTCO WHSL CORP NEW (COST) 2.0% 2.1% 0.0 pts −4,176 sh −5%
Increased PFIZER INC (PFE) 0.5% 0.6% +0.1 pts +108K sh +21%
Reduced ISHARES TR (IGM) 1.9% 2.0% +0.1 pts −33,222 sh −4%
Increased APPLE INC (AAPL) 5.8% 5.0% −0.8 pts +15,320 sh +2%
Increased ISHARES TR (IMTB) 0.5% 0.6% +0.1 pts +58,206 sh +17%
Reduced TARGET CORP (TGT) 0.1% 0.0% −0.1 pts −13,102 sh −86%
New PALANTIR TECHNOLOGIES INC (PLTR) — 0.1% +0.1 pts +95,764 sh new
Increased ISHARES TR (IDU) 1.7% 1.8% +0.1 pts +25,958 sh +4%
Increased ISHARES TR (GBF) 0.5% 0.6% 0.0 pts +20,007 sh +14%
Increased TESLA INC (TSLA) 0.0% 0.1% +0.1 pts +10,992 sh +464%
Increased THERMO FISHER SCIENTIFIC INC (TMO) 0.6% 0.7% +0.1 pts +3,294 sh +10%
Increased AMERICAN TOWER CORP NEW (AMT) 0.6% 0.6% 0.0 pts +9,516 sh +12%
Reduced JPMORGAN CHASE & CO (JPM) 1.6% 1.7% +0.1 pts −9,343 sh −4%
Reduced MICROSOFT CORP (MSFT) 2.0% 2.1% +0.1 pts −4,338 sh −3%
Increased VERIZON COMMUNICATIONS INC (VZ) 0.5% 0.6% +0.1 pts +42,963 sh +10%
Reduced SCHWAB STRATEGIC TR (SCHA) 0.2% 0.1% −0.1 pts −34,814 sh −33%
Increased ISHARES TR (EAGG) 0.4% 0.4% 0.0 pts +35,051 sh +15%
Reduced VANGUARD INDEX FDS (VUG) 1.8% 1.8% +0.1 pts −4,783 sh −3%
Reduced SPDR SER TR (SPAB) 0.2% 0.2% −0.1 pts −64,781 sh −24%
Reduced AMAZON COM INC (AMZN) 1.8% 2.0% +0.2 pts −8,798 sh −3%
Increased JOHNSON & JOHNSON (JNJ) 1.3% 1.3% 0.0 pts +9,754 sh +4%
Increased NIKE INC (NKE) 0.6% 0.5% 0.0 pts +16,077 sh +11%
Increased SPDR SER TR (SDY) 3.0% 3.1% +0.1 pts +11,132 sh +2%
Increased DANAHER CORPORATION (DHR) 1.2% 1.3% +0.1 pts +5,776 sh +4%
Increased NVIDIA CORPORATION (NVDA) 0.2% 0.4% +0.2 pts +1,514 sh +14%
Increased ISHARES TR (USIG) 0.4% 0.4% 0.0 pts +25,992 sh +13%
Increased ISHARES TR (IJR) 2.9% 2.9% 0.0 pts +10,894 sh +1%
Increased ISHARES TR (ISTB) 0.8% 0.8% 0.0 pts +25,290 sh +5%
Reduced SCHWAB STRATEGIC TR (SCHM) 0.1% 0.1% 0.0 pts −14,130 sh −33%
Reduced ISHARES TR (IVV) 2.3% 2.3% +0.1 pts −1,853 sh −1%
Increased SCHWAB CHARLES CORP (SCHW) 0.8% 0.8% 0.0 pts +13,156 sh +4%
Reduced ASML HOLDING N V (ASML) 0.8% 0.9% +0.1 pts −936 sh −3%
Reduced STRYKER CORPORATION (SYK) 0.8% 0.9% +0.1 pts −2,376 sh −3%
Reduced WASTE MGMT INC DEL (WM) 0.9% 1.0% +0.1 pts −3,964 sh −3%
Reduced MASTERCARD INCORPORATED (MA) 1.7% 1.8% +0.1 pts −1,689 sh −2%

The 50 largest of 192 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

† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:

  • AMPLIFY ETF TR (HACK): 26924G201 → 032108664, 344K → 340K shares (share count changed with the identifier; not shown as a trade)

Top 10 positions — 28.6% of the equity book

Changes in the top 10 this quarter: IGSB entered · MSFT entered · SCHZ left · SPSB left

# Security Weight before Weight now
1 APPLE INC (AAPL) 5.8% 5.0%
2 ISHARES TR (AGG) 3.5% 4.0%
3 SPDR SER TR (SDY) 3.0% 3.1%
4 ISHARES TR (IJR) 2.9% 2.9%
5 ISHARES TR (TLH) 2.1% 2.5%
6 ISHARES TR (IVV) 2.3% 2.3%
7 ISHARES U S ETF TR (LQDH) 2.3% 2.3%
8 ISHARES TR (STIP) 2.2% 2.2%
9 ISHARES TR (IGSB) 2.1% 2.2% Entered the top 10
10 MICROSOFT CORP (MSFT) 2.0% 2.1% Entered the top 10
— SCHWAB STRATEGIC TR (SCHZ) 4.1% 1.8% Left the top 10
— SPDR SER TR (SPSB) 2.1% 1.6% 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).

Option positions (puts and calls)

Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.

Activity Security Type Shares before Shares now Reported value
New META PLATFORMS INC (META) Call 0 100 $11.9K
New ADVANCED MICRO DEVICES INC (AMD) Call 0 100 $5.59K
Exited MCDONALDS CORP (MCD) Call 100 0 $0
New WASTE MGMT INC DEL (WM) Call 0 100 $3.54K
Exited PROCTER AND GAMBLE CO (PG) Call 100 0 $0
Reduced APPLE INC (AAPL) Put 11,000 9,000 $3.81K
New SCHWAB STRATEGIC TR (SCHD) Call 0 100 $832
New SELECT SECTOR SPDR TR (XLP) Call 0 100 $759
Exited MERCK & CO INC (MRK) Call 100 0 $0
Exited COCA COLA CO (KO) Call 100 0 $0
Exited JOHNSON & JOHNSON (JNJ) Call 100 0 $0
Exited PFIZER INC (PFE) Call 100 0 $0