Wright Fund Management LLC's Q2 2023 13F: 22 new positions, 1 exit
Form 13F-HR for the quarter ended Jun 30, 2023 · filed Jul 31, 2023 · 39 reported positions · accession 0001172661-23-002688
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | ISHARES TR (IEF) | 17.3% | — | −17.3 pts | −1.87M sh | −100% |
| New | ISHARES TR (HYG) | — | 15.8% | +15.8 pts | +6.15M sh | new |
| New | SPDR SER TR (JNK) | — | 13.8% | +13.8 pts | +4.38M sh | new |
| Increased | VANGUARD BD INDEX FDS (BND) | 5.8% | 8.3% | +2.5 pts | +2.51M sh | +299% |
| New | SPDR SER TR (SJNK) | — | 4.6% | +4.6 pts | +5.47M sh | new |
| New | ISHARES TR (SHYG) | — | 4.6% | +4.6 pts | +3.26M sh | new |
| Increased | ISHARES TR (AGG) | 11.5% | 8.1% | −3.4 pts | +1.19M sh | +96% |
| Increased | INVESCO EXCH TRADED FD TR II (BKLN) | 5.7% | 5.2% | −0.5 pts | +4.32M sh | +147% |
| New | DBX ETF TR (HYLB) | — | 2.5% | +2.5 pts | +2.14M sh | new |
| New | SSGA ACTIVE ETF TR (SRLN) | — | 2.1% | +2.1 pts | +1.46M sh | new |
| Increased | ISHARES TR (MBB) | 11.5% | 6.2% | −5.3 pts | +655K sh | +50% |
| New | ISHARES TR (EMB) | — | 2.0% | +2.0 pts | +674K sh | new |
| New | SPDR SER TR (CWB) | — | 1.2% | +1.2 pts | +491K sh | new |
| Increased | VANGUARD CHARLOTTE FDS (BNDX) | 11.5% | 5.3% | −6.1 pts | +697K sh | +28% |
| New | ISHARES TR (PFF) | — | 1.1% | +1.1 pts | +1.09M sh | new |
| New | ISHARES TR (MUB) | — | 1.0% | +1.0 pts | +262K sh | new |
| New | VANGUARD MUN BD FDS (VTEB) | — | 0.9% | +0.9 pts | +523K sh | new |
| New | VANECK ETF TRUST (EMLC) | — | 0.7% | +0.7 pts | +827K sh | new |
| New | PIMCO ETF TR (HYS) | — | 0.6% | +0.6 pts | +204K sh | new |
| New | ISHARES TR (EFA) | — | 0.6% | +0.6 pts | +236K sh | new |
| Reduced | VANGUARD INDEX FDS (VOO) | 11.8% | 4.1% | −7.7 pts | −40,997 sh | −12% |
| New | FLEXSHARES TR (HYGV) | — | 0.4% | +0.4 pts | +298K sh | new |
| New | SELECT SECTOR SPDR TR (XLE) | — | 0.3% | +0.3 pts | +100K sh | new |
| New | VANECK ETF TRUST (HYD) | — | 0.2% | +0.2 pts | +137K sh | new |
| New | SPDR SER TR (HYMB) | — | 0.2% | +0.2 pts | +282K sh | new |
| New | SELECT SECTOR SPDR TR (XLF) | — | 0.2% | +0.2 pts | +175K sh | new |
| New | PGIM ETF TR (PHYL) | — | 0.2% | +0.2 pts | +150K sh | new |
| New | ISHARES TR (TLTW) | — | 0.2% | +0.2 pts | +150K sh | new |
| New | BNY MELLON ETF TRUST (BKHY) | — | 0.1% | +0.1 pts | +50,000 sh | new |
| Increased | FIRST TR EXCHNG TRADED FD VI (UCON) | 0.0% | 0.0% | 0.0 pts | +13,658 sh | +115% |
| Increased | SPDR DOW JONES INDL AVERAGE (DIA) | 4.9% | 1.9% | −3.0 pts | +515 sh | 0% |
| Increased | VANGUARD INDEX FDS (VTV) | 2.6% | 1.0% | −1.7 pts | +604 sh | 0% |
| Increased | INVESCO QQQ TR (QQQ) | 1.6% | 0.7% | −0.9 pts | +189 sh | 0% |
| Increased | VANGUARD INDEX FDS (VUG) | 1.6% | 0.7% | −1.0 pts | +243 sh | 0% |
| Increased | ISHARES TR (ITA) | 1.4% | 0.5% | −0.9 pts | +519 sh | 0% |
| Increased | ISHARES TR (USMV) | 1.6% | 0.6% | −1.0 pts | +783 sh | 0% |
| Increased | J P MORGAN EXCHANGE TRADED F (JEPI) | 1.8% | 0.7% | −1.1 pts | +1,018 sh | 0% |
| Increased | ISHARES TR (EFAV) | 1.6% | 0.6% | −1.0 pts | +833 sh | 0% |
| Increased | SELECT SECTOR SPDR TR (XLC) | 0.8% | 0.3% | −0.5 pts | +493 sh | 0% |
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 — 76.0% of the equity book
Changes in the top 10 this quarter: HYG entered · JNK entered · SJNK entered · SHYG entered · IEF left · USHY left · DIA left · VTV left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ISHARES TR (HYG) | 0.0% | 15.8% | Entered the top 10 |
| 2 | SPDR SER TR (JNK) | 0.0% | 13.8% | Entered the top 10 |
| 3 | VANGUARD BD INDEX FDS (BND) | 5.8% | 8.3% | |
| 4 | ISHARES TR (AGG) | 11.5% | 8.1% | |
| 5 | ISHARES TR (MBB) | 11.5% | 6.2% | |
| 6 | VANGUARD CHARLOTTE FDS (BNDX) | 11.5% | 5.3% | |
| 7 | INVESCO EXCH TRADED FD TR II (BKLN) | 5.7% | 5.2% | |
| 8 | SPDR SER TR (SJNK) | 0.0% | 4.6% | Entered the top 10 |
| 9 | ISHARES TR (SHYG) | 0.0% | 4.6% | Entered the top 10 |
| 10 | VANGUARD INDEX FDS (VOO) | 11.8% | 4.1% | |
| — | ISHARES TR (IEF) | 17.3% | 0.0% | Left the top 10 |
| — | ISHARES TR (USHY) | 7.0% | 2.5% | Left the top 10 |
| — | SPDR DOW JONES INDL AVERAGE (DIA) | 4.9% | 1.9% | Left the top 10 |
| — | VANGUARD INDEX FDS (VTV) | 2.6% | 1.0% | 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).