Novak & Powell Financial Services Inc's Q1 2024 13F: 11 new positions, 16 exits
Form 13F-HR for the quarter ended Mar 31, 2024 · filed May 15, 2024 · 145 reported positions · accession 0002011548-24-000003
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | INVESCO QQQ TR (QQQ) | 5.4% | 5.1% | −0.3 pts | −4,458 sh | −22% |
| Increased | VANGUARD GROWTH ETF (VUG) | 5.8% | 6.0% | +0.2 pts | +6,687 sh | +24% |
| Increased | VANGUARD MID-CAP GROWTH ETF (VOT) | 0.8% | 1.1% | +0.3 pts | +52,432 sh | +964% |
| Reduced | ISHARES TR SP SMCP600VL ETF (IJS) | 1.3% | 0.6% | −0.7 pts | −10,488 sh | −56% |
| Reduced | ISHARES TR S&P MC 400GR ETF (IJK) | 1.0% | 0.5% | −0.5 pts | −11,025 sh | −60% |
| Reduced | ISHARES TR S&P MC 400VL ETF (IJJ) | 1.1% | 0.6% | −0.5 pts | −7,757 sh | −53% |
| Reduced | ISHARES TR S&P SML 600 GWT (IJT) | 1.1% | 0.7% | −0.4 pts | −5,880 sh | −46% |
| Exited | VANGUARD SMALL-CAP GROWTH ETF (VBK) | 0.6% | — | −0.6 pts | −3,588 sh | −100% |
| Reduced | ISHARES TR CORE S&P MCP ETF (IJH) | 1.6% | 1.4% | −0.2 pts | −12,339 sh | −29% |
| Exited | ISHARES S&P 500 VALUE ETF (IVE) | 0.4% | — | −0.4 pts | −3,742 sh | −100% |
| Reduced | VANGUARD INTERMEDIATE-TERM CORPORATE BOND ETF (VCIT) | 1.0% | 0.7% | −0.3 pts | −6,804 sh | −38% |
| Exited | VANGUARD SMALL-CAP VALUE ETF (VBR) | 0.4% | — | −0.4 pts | −3,357 sh | −100% |
| Reduced | VANGUARD REAL ESTATE ETF (VNQ) | 1.1% | 0.8% | −0.3 pts | −5,788 sh | −32% |
| Increased | ISHARES TR CORE S&P SCP ETF (IJR) | 1.5% | 1.3% | −0.2 pts | +6,593 sh | +31% |
| Exited | VANGUARD SMALL-CAP ETF (VB) | 0.3% | — | −0.3 pts | −2,009 sh | −100% |
| Reduced | VANGUARD FTSE EUROPE ETF (VGK) | 0.6% | 0.5% | −0.2 pts | −5,579 sh | −37% |
| Reduced | ISHARES TR ISHARES BIOTECH (IBB) | 1.0% | 0.9% | −0.1 pts | −2,695 sh | −24% |
| Exited | STRYKER CORPORATION (SYK) | 0.2% | — | −0.2 pts | −1,000 sh | −100% |
| New | GENERAL ELECTRIC COMPANY COM NEW (GE) | — | 0.2% | +0.2 pts | +1,328 sh | new |
| New | PHILLIPS 66 (PSX) | — | 0.2% | +0.2 pts | +1,425 sh | new |
| New | ALTRIA GROUP INCORPORATED (MO) | — | 0.2% | +0.2 pts | +5,243 sh | new |
| New | COCA COLA COMPANY (KO) | — | 0.2% | +0.2 pts | +3,641 sh | new |
| New | BROWN & BROWN INCORPORATED (BRO) | — | 0.2% | +0.2 pts | +2,440 sh | new |
| New | TARGET CORPORATION (TGT) | — | 0.2% | +0.2 pts | +1,203 sh | new |
| New | DOW INCORPORATED (DOW) | — | 0.2% | +0.2 pts | +3,638 sh | new |
| Exited | BROADRIDGE FINL SOLUTIONS INCORPORATED (BR) | 0.2% | — | −0.2 pts | −1,142 sh | −100% |
| New | GRAINGER W W INCORPORATED (GWW) | — | 0.2% | +0.2 pts | +206 sh | new |
| Exited | ISHARES U S CONSUMER STAPLES ETF (IYK) | 0.2% | — | −0.2 pts | −1,178 sh | −100% |
| New | DOMINION ENERGY INCORPORATED (D) | — | 0.2% | +0.2 pts | +4,120 sh | new |
| Exited | NIKE INCORPORATED CLASS B (NKE) | 0.1% | — | −0.1 pts | −2,101 sh | −100% |
| Exited | LOWES COMPANIES INCORPORATED (LOW) | 0.1% | — | −0.1 pts | −985 sh | −100% |
| Exited | SPDR GOLD SHARES (GLD) | 0.1% | — | −0.1 pts | −1,146 sh | −100% |
| Exited | ISHARES CORE MSCI EMERGING ETF (IEMG) | 0.1% | — | −0.1 pts | −4,381 sh | −100% |
| Exited | PHYSICIANS RLTY TR REIT (DOC) | 0.1% | — | −0.1 pts | −15,487 sh | −100% |
| Exited | S&P GLOBAL INCORPORATED (SPGI) | 0.1% | — | −0.1 pts | −466 sh | −100% |
| Reduced | VANGUARD MID-CAP VALUE ETF (VOE) | 0.7% | 0.3% | −0.4 pts | −2,217 sh | −32% |
| Reduced | VANGUARD LARGE-CAP ETF (VV) | 4.5% | 5.3% | +0.8 pts | −733 sh | −2% |
| Exited | INVESCO S&P 500 EQUAL WEIGHT HEALTH CARE ETF (RSPH) | 0.1% | — | −0.1 pts | −5,500 sh | −100% |
| Increased | ISHARES TR CORE S&P500 ETF (IVV) | 0.1% | 0.3% | +0.1 pts | +260 sh | +59% |
| Reduced | SFL CORPORATION LIMITED SHS (BERMUDA) (SFL) | 0.3% | 0.4% | 0.0 pts | −7,989 sh | −17% |
| New | WESTERN ASSET MANAGED MUNS FD (MMU) | — | 0.1% | +0.1 pts | +9,716 sh | new |
| Reduced | HOME DEPOT INCORPORATED (HD) | 0.2% | 0.2% | 0.0 pts | −251 sh | −27% |
| New | NORTHWEST BANCSHARES INCORPORATED MD (NWBI) | — | 0.1% | +0.1 pts | +8,000 sh | new |
| Exited | ABRDN GLOBAL DYNAMIC DIVIDEND (AGD) | 0.1% | — | −0.1 pts | −10,993 sh | −100% |
| Reduced | AMAZON COM INCORPORATED (AMZN) | 0.5% | 0.6% | +0.1 pts | −490 sh | −9% |
| Reduced | INTEL CORPORATION (INTC) | 0.3% | 0.2% | −0.1 pts | −1,647 sh | −18% |
| Increased | VANGUARD TOTAL WORLD STOCK ETF (VT) | 2.1% | 2.6% | +0.5 pts | +599 sh | +2% |
| Reduced | FIRST TRUST CAPITAL STRENGTH ETF (FTCS) | 0.3% | 0.4% | 0.0 pts | −650 sh | −10% |
| Increased | VANGUARD VALUE ETF (VTV) | 2.8% | 2.4% | −0.3 pts | +458 sh | +2% |
| Reduced | BROOKFIELD INFRAST PARTNERS LP LP INT UNIT (BERMUDA) (BIP) | 0.5% | 0.6% | 0.0 pts | −1,325 sh | −5% |
The 50 largest of 137 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 — 39.7% of the equity book
Changes in the top 10 this quarter: VT entered · BSV left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | VANGUARD GROWTH ETF (VUG) | 5.8% | 6.0% | |
| 2 | VANGUARD LARGE-CAP ETF (VV) | 4.5% | 5.3% | |
| 3 | INVESCO QQQ TR (QQQ) | 5.4% | 5.1% | |
| 4 | APPLE INCORPORATED (AAPL) | 5.3% | 5.1% | |
| 5 | SPDR S&P 500 ETF (SPY) | 3.3% | 4.1% | |
| 6 | MICROSOFT CORPORATION (MSFT) | 3.2% | 3.9% | |
| 7 | VANGUARD DIVIDEND APPRECIATION ETF (VIG) | 2.3% | 2.7% | |
| 8 | VANGUARD TOTAL WORLD STOCK ETF (VT) | 2.1% | 2.6% | Entered the top 10 |
| 9 | SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST (DIA) | 2.1% | 2.5% | |
| 10 | VANGUARD VALUE ETF (VTV) | 2.8% | 2.4% | |
| — | VANGUARD SHORT-TERM BOND ETF (BSV) | 2.4% | 0.2% | 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).