Fortis Advisors LLC's Q3 2022 13F: 8 new positions, 51 exits
Form 13F-HR for the quarter ended Sep 30, 2022 · filed Nov 10, 2022 · 231 reported positions · accession 0001697478-22-000005
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | VANGUARD ULTRA-SHORT BOND ETF (VUSB) | — | 8.4% | +8.4 pts | +240K sh | new |
| Exited | INVESCO DWA ENERGY MOMENTUM ETF (PXI) | 3.7% | — | −3.7 pts | −173K sh | −100% |
| Exited | INVESCO DWA BASIC MATERIALS MOMENTUM ETF (PYZ) | 2.9% | — | −2.9 pts | −83,146 sh | −100% |
| Reduced | VANGUARD FTSE DEVELOPED MARKETS ETF (VEA) | 8.1% | 5.8% | −2.3 pts | −75,803 sh | −25% |
| New | SCHWAB SHORT-TERM US TREASURY ETF (SCHO) | — | 1.6% | +1.6 pts | +45,800 sh | new |
| Reduced | ISHARES NATIONAL MUNI BOND ETF (MUB) | 2.2% | 1.0% | −1.1 pts | −16,738 sh | −54% |
| New | INVESCO S&P 500 EQUAL WEIGHT ENERGY ETF (RSPG) | — | 1.0% | +1.0 pts | +21,853 sh | new |
| Increased | VANGUARD DIVIDEND APPRECIATION ETF (VIG) | 2.8% | 3.6% | +0.8 pts | +7,702 sh | +26% |
| Reduced | ISHARES MSCI EMERGING MARKETS EX CHINA ETF (EMXC) | 3.7% | 3.0% | −0.7 pts | −22,582 sh | −19% |
| Increased | VANGUARD SHORT-TERM BOND ETF (BSV) | 7.9% | 8.9% | +1.0 pts | +11,892 sh | +8% |
| Reduced | FLEXSHARES STOXX GLOBAL BROAD INFRASTRUCTURE INDEX FUND (NFRA) | 0.9% | 0.3% | −0.6 pts | −18,032 sh | −67% |
| Reduced | ISHARES MSCI USA QUALITY FACTOR ETF (QUAL) | 3.7% | 2.3% | −1.4 pts | −23,484 sh | −20% |
| Reduced | KEURIG DR PEPPER INC COM (KDP) | 1.4% | 1.0% | −0.4 pts | −21,370 sh | −35% |
| Reduced | FLEXSHARES MORNINGSTAR GLOBAL UPSTREAM NATURAL RESOURCES INDEX FUND (GUNR) | 3.1% | 2.8% | −0.4 pts | −16,638 sh | −11% |
| Reduced | GLOBAL X MLP & ENERGY INFRASTRUCTURE ETF (MLPX) | 3.6% | 3.5% | −0.2 pts | −15,018 sh | −9% |
| Increased | FIDELITY MSCI UTILITIES INDEX ETF (FUTY) | 3.4% | 3.8% | +0.4 pts | +11,237 sh | +9% |
| Increased | VANGUARD INTERMEDIATE-TERM BOND ETF (BIV) | 4.0% | 4.8% | +0.9 pts | +10,507 sh | +6% |
| Reduced | BLACKROCK ULTRA SHORT-TERM BOND ETF (ICSH) | 1.5% | 1.3% | −0.1 pts | −6,835 sh | −16% |
| Reduced | ISHARES CORE S&P US VALUE ETF (IUSV) | 0.7% | 0.5% | −0.2 pts | −4,078 sh | −25% |
| Reduced | BRISTOL-MYERS SQUIBB CO COM (BMY) | 0.3% | 0.1% | −0.2 pts | −3,350 sh | −63% |
| Exited | ISHARES MSCI BRAZIL ETF (EWZ) | 0.2% | — | −0.2 pts | −8,863 sh | −100% |
| Reduced | ISHARES GLOBAL CONSUMER STAPLES ETF (KXI) | 5.1% | 5.0% | −0.1 pts | −4,800 sh | −3% |
| Exited | BLACKROCK SCIENCE & TECHNOLOGY SHS BEN INT (BSTZ) | 0.1% | — | −0.1 pts | −10,795 sh | −100% |
| Exited | ISHARES MSCI INDIA INDEX FUND (INDA) | 0.1% | — | −0.1 pts | −5,341 sh | −100% |
| Increased | ISHARES CORE U.S. AGGREGATE BOND ETF (AGG) | 0.6% | 0.7% | +0.2 pts | +2,014 sh | +23% |
| Increased | VANGUARD U.S. VALUE FACTOR ETF (VFVA) | 4.0% | 4.4% | +0.3 pts | +2,812 sh | +3% |
| Reduced | FIDELITY MSCI ENERGY INDEX ETF (FENY) | 0.1% | 0.0% | −0.1 pts | −7,990 sh | −97% |
| Increased | ISHARES TIPS BOND ETF (TIP) | 0.3% | 0.5% | +0.1 pts | +1,483 sh | +32% |
| Reduced | ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF (LQD) | 0.1% | 0.0% | −0.1 pts | −1,375 sh | −96% |
| Reduced | ENERGY SELECT SECTOR SPDR FUND (XLE) | 0.1% | 0.0% | −0.1 pts | −1,236 sh | −89% |
| Increased | FREEPORT-MCMORAN INC CL B (FCX) | 0.2% | 0.3% | +0.1 pts | +3,050 sh | +25% |
| Reduced | META PLATFORMS INC CL A (META) | 0.2% | 0.1% | −0.1 pts | −594 sh | −32% |
| Exited | BAUSCH HEALTH COS INC COM (BHC) | 0.1% | — | −0.1 pts | −9,775 sh | −100% |
| Reduced | DIMENSIONAL U.S. TARGETED VALUE ETF (DFAT) | 0.3% | 0.2% | 0.0 pts | −1,867 sh | −18% |
| Increased | FIRST TRUST NASDAQ CYBERSECURITY ETF (CIBR) | 0.2% | 0.2% | +0.1 pts | +1,808 sh | +27% |
| Increased | SPDR S&P AEROSPACE & DEFENSE ETF (XAR) | 0.2% | 0.2% | 0.0 pts | +756 sh | +27% |
| Reduced | ISHARES GLOBAL REIT ETF (REET) | 0.0% | 0.0% | 0.0 pts | −13,719 sh | −90% |
| Exited | OLIN CORP COM PAR $1 (OLN) | 0.0% | — | 0.0 pts | −1,182 sh | −100% |
| New | DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF (DFIC) | — | 0.0% | 0.0 pts | +2,598 sh | new |
| Increased | SPDR GOLD MINISHARES TRUST (GLDM) | 1.6% | 1.6% | 0.0 pts | +1,453 sh | +2% |
| Increased | BUNGE LIMITED COM (BG) | 0.3% | 0.3% | 0.0 pts | +550 sh | +13% |
| Reduced | UNITED PARCEL SERVICE INC CL B (UPS) | 2.2% | 2.1% | −0.1 pts | −270 sh | −1% |
| Reduced | VISA INC COM CL A (V) | 0.3% | 0.2% | 0.0 pts | −245 sh | −11% |
| Increased | DEVON ENERGY CORP NEW COM (DVN) | 0.4% | 0.5% | +0.1 pts | +700 sh | +7% |
| Exited | ORACLE CORP COM (ORCL) | 0.0% | — | 0.0 pts | −636 sh | −100% |
| Increased | SPDR S&P BIOTECH ETF (XBI) | 0.2% | 0.2% | +0.1 pts | +500 sh | +14% |
| Exited | WILLIS TOWERS WATSON PLC LTD SHS (WTW) | 0.0% | — | 0.0 pts | −214 sh | −100% |
| Exited | PROSHARES ULTRA BLOOMBERG CRUDE OIL (UCO) | 0.0% | — | 0.0 pts | −1,000 sh | −100% |
| Increased | DISNEY WALT CO COM (DIS) | 0.2% | 0.3% | 0.0 pts | +404 sh | +11% |
| Exited | UNITED STATES OIL FUND, LP (USO) | 0.0% | — | 0.0 pts | −500 sh | −100% |
The 50 largest of 178 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 — 51.4% of the equity book
Changes in the top 10 this quarter: VUSB entered · VIG entered · VHT entered · EMXC left · QUAL left · PXI left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | VANGUARD SHORT-TERM BOND ETF (BSV) | 7.9% | 8.9% | |
| 2 | VANGUARD ULTRA-SHORT BOND ETF (VUSB) | 0.0% | 8.4% | Entered the top 10 |
| 3 | VANGUARD FTSE DEVELOPED MARKETS ETF (VEA) | 8.1% | 5.8% | |
| 4 | ISHARES GLOBAL CONSUMER STAPLES ETF (KXI) | 5.1% | 5.0% | |
| 5 | VANGUARD INTERMEDIATE-TERM BOND ETF (BIV) | 4.0% | 4.8% | |
| 6 | VANGUARD U.S. VALUE FACTOR ETF (VFVA) | 4.0% | 4.4% | |
| 7 | FIDELITY MSCI UTILITIES INDEX ETF (FUTY) | 3.4% | 3.8% | |
| 8 | VANGUARD DIVIDEND APPRECIATION ETF (VIG) | 2.8% | 3.6% | Entered the top 10 |
| 9 | GLOBAL X MLP & ENERGY INFRASTRUCTURE ETF (MLPX) | 3.6% | 3.5% | |
| 10 | VANGUARD HEALTH CARE ETF (VHT) | 3.0% | 3.3% | Entered the top 10 |
| — | ISHARES MSCI EMERGING MARKETS EX CHINA ETF (EMXC) | 3.7% | 3.0% | Left the top 10 |
| — | ISHARES MSCI USA QUALITY FACTOR ETF (QUAL) | 3.7% | 2.3% | Left the top 10 |
| — | INVESCO DWA ENERGY MOMENTUM ETF (PXI) | 3.7% | 0.0% | 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).