FINANCIAL PARTNERS CAPITAL MANAGEMENT LLC's Q1 2018 13F: 1 new position, 46 exits

Form 13F-HR for the quarter ended Mar 31, 2018 · filed May 18, 2018 · 75 reported positions · accession 0001049650-18-000003

View the filing on SEC.gov

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
Reduced S&P 500 Depository Receipt (SPY) 4.5% 0.9% −3.5 pts −79,293 sh −87%
Exited Select Sector SPDR Technology (XLK) 4.7% — −4.7 pts −398K sh −100%
Reduced Select Sector SPDR Financial (XLF) 3.1% 0.6% −2.5 pts −527K sh −89%
Reduced Wisdom Tree Europe Hedged Equi (HEDJ) 2.4% 0.1% −2.3 pts −202K sh −97%
Exited Select Sector SPDR Consumer Di (XLY) 1.6% — −1.6 pts −89,027 sh −100%
Exited Select Sector SPDR Energy (XLE) 1.6% — −1.6 pts −121K sh −100%
Reduced Berkshire Hathaway, Inc. CL B (BRK-B) 2.4% 2.4% +0.1 pts −24,195 sh −37%
Exited Health Care Select Sector SPDR (XLV) 1.3% — −1.3 pts −87,116 sh −100%
Exited Ishares US Aerospace and Defen (ITA) 1.3% — −1.3 pts −37,817 sh −100%
Reduced Pulte Group Inc (PHM) 2.2% 2.0% −0.3 pts −145K sh −40%
New Verizon Communications (VZ) — 1.2% +1.2 pts +86,526 sh new
Exited iShares Russell 2000 Growth (IWO) 1.1% — −1.1 pts −33,029 sh −100%
Exited SPDR S&P Biotech (XBI) 1.1% — −1.1 pts −69,351 sh −100%
Exited Select Sector SPDR Consumer St (XLP) 1.1% — −1.1 pts −103K sh −100%
Exited Deutsche X Trackers MSCI JPN H (DBJP) 1.0% — −1.0 pts −128K sh −100%
Exited iShares S&P MidCap 400 Index F (IJH) 1.0% — −1.0 pts −29,785 sh −100%
Exited Baron Emeriging Markets Fund- 0.9% — −0.9 pts −329K sh −100%
Exited Wisdomtree Europe Smallcap Div (DFE) 0.8% — −0.8 pts −60,573 sh −100%
Exited Janus Cap Global Life Sciences 0.8% — −0.8 pts −118K sh −100%
Reduced Facebook Inc. (META) 2.1% 2.4% +0.3 pts −15,464 sh −24%
Increased iShares MSCI Japan Index (EWJ) 0.9% 2.1% +1.2 pts +35,825 sh +45%
Exited Alken Euro Opp Fd 0.7% — −0.7 pts −28,389 sh −100%
Reduced Amazon.com, Inc. (AMZN) 0.4% 0.1% −0.3 pts −1,472 sh −88%
Exited iShares MSCI Europe Financials (EUFN) 0.5% — −0.5 pts −122K sh −100%
Exited Vanguard S&P 500 UCITS ETF 0.5% — −0.5 pts −55,264 sh −100%
Exited SPDR Euro Stoxx 50 (FEZ) 0.5% — −0.5 pts −60,242 sh −100%
Exited Berkshire Hathaway, Inc. CL A (BRK-A) 0.4% — −0.4 pts −8 sh −100%
Exited Ishares Core MSCI Emerging Mar (IEMG) 0.4% — −0.4 pts −41,609 sh −100%
Reduced Alphabet Inc. Cap Stk CL C (GOOG) 2.4% 3.5% +1.0 pts −1,398 sh −11%
Exited Matthews India Fund 0.4% — −0.4 pts −61,174 sh −100%
Exited Matthews China Fund Insti Clas 0.4% — −0.4 pts −89,988 sh −100%
Exited Wisdomtree TR Japan Total Div (DXJ) 0.4% — −0.4 pts −33,190 sh −100%
Exited SPDR S&P Homebuilders (XHB) 0.4% — −0.4 pts −43,412 sh −100%
Exited Henderson Gartmore - Cont Eur 0.3% — −0.3 pts −134K sh −100%
Exited PowerShares S&P 500 Div Low Vo (SPHD) 0.3% — −0.3 pts −38,413 sh −100%
Reduced S&P 400 Mid-Cap Dep. Recpt. (MDY) 0.7% 0.9% +0.2 pts −2,670 sh −23%
Exited BGF-Asian Dragon FD-A2 0.3% — −0.3 pts −30,845 sh −100%
Exited BlackRock Global Funds, Alloca 0.2% — −0.2 pts −22,986 sh −100%
Exited iShares US Basic Materials (IYM) 0.2% — −0.2 pts −12,665 sh −100%
Exited IShares Russell Midcap Index F (IWR) 0.2% — −0.2 pts −6,177 sh −100%
Exited Edgewood US Select Growth FD 0.2% — −0.2 pts −8,554 sh −100%
Exited Pinebridge Invest India Eqty 0.2% — −0.2 pts −2,303 sh −100%
Exited Alibaba Group Holding Ltd (BABA) 0.2% — −0.2 pts −6,623 sh −100%
Reduced JPMorgan Chase & Co. (JPM) 2.4% 3.8% +1.4 pts −6,020 sh −5%
Exited iShares US Industrials (IYJ) 0.2% — −0.2 pts −6,915 sh −100%
Exited iShares MSCI Brazil Index Fund (EWZ) 0.2% — −0.2 pts −25,007 sh −100%
Exited iShares MSCI China (MCHI) 0.2% — −0.2 pts −15,050 sh −100%
Exited Franklin India Fund Cl Z 0.2% — −0.2 pts −57,501 sh −100%
Reduced Alphabet Inc. Cap Stk CL A (GOOGL) 0.9% 1.2% +0.4 pts −482 sh −11%
Reduced Intel Corp. (INTC) 1.4% 2.4% +1.0 pts −8,670 sh −5%

The 50 largest of 104 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 — 35.4% of the equity book

Changes in the top 10 this quarter: ZTS entered · PYPL entered · CSCO entered · MSFT entered · RTN entered · Oakmark International Fund Cla entered · CVX entered · XLK left · SPY left · XLF left · HEDJ left · BRK-B left · PG left · PHM left

# Security Weight before Weight now
1 Citigroup Inc. (C) 2.9% 4.4%
2 JPMorgan Chase & Co. (JPM) 2.4% 3.8%
3 Zoetis Inc (ZTS) 2.0% 3.8% Entered the top 10
4 PayPal Holdings, Inc (PYPL) 2.1% 3.6% Entered the top 10
5 Alphabet Inc. Cap Stk CL C (GOOG) 2.4% 3.5%
6 Cisco Systems (CSCO) 1.9% 3.4% Entered the top 10
7 Microsoft Corp. (MSFT) 2.0% 3.4% Entered the top 10
8 Raytheon Co. (RTN) 1.8% 3.2% Entered the top 10
9 Oakmark International Fund Cla 2.0% 3.2% Entered the top 10
10 Chevron Corp. (CVX) 2.2% 3.2% Entered the top 10
— Select Sector SPDR Technology (XLK) 4.7% 0.0% Left the top 10
— S&P 500 Depository Receipt (SPY) 4.5% 0.9% Left the top 10
— Select Sector SPDR Financial (XLF) 3.1% 0.6% Left the top 10
— Wisdom Tree Europe Hedged Equi (HEDJ) 2.4% 0.1% Left the top 10
— Berkshire Hathaway, Inc. CL B (BRK-B) 2.4% 2.4% Left the top 10
— Procter & Gamble (PG) 2.2% 3.2% Left the top 10
— Pulte Group Inc (PHM) 2.2% 2.0% 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).