Wright Fund Management LLC's Q2 2024 13F: 13 new positions, 6 exits
Form 13F-HR for the quarter ended Jun 30, 2024 · filed Aug 8, 2024 · 76 reported positions · accession 0001754960-24-000407
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | ISHARES TR (TLT) | — | 4.5% | +4.5 pts | +1.04M sh | new |
| Exited | ISHARES TR (LQD) | 2.9% | — | −2.9 pts | −575K sh | −100% |
| Reduced | INVESCO EXCH TRADED FD TR II (BKLN) | 3.2% | 1.1% | −2.0 pts | −2.02M sh | −64% |
| Reduced | ISHARES TR (PFF) | 3.2% | 1.2% | −2.0 pts | −1.32M sh | −62% |
| Reduced | SSGA ACTIVE ETF TR (SRLN) | 2.8% | 1.3% | −1.5 pts | −765K sh | −54% |
| Increased | SPDR SER TR (JNK) | 20.3% | 21.4% | +1.2 pts | +273K sh | +6% |
| Exited | INVESCO EXCH TRADED FD TR II (PGX) | 0.8% | — | −0.8 pts | −1.48M sh | −100% |
| New | VANGUARD SCOTTSDALE FDS (VCLT) | — | 0.7% | +0.7 pts | +204K sh | new |
| Increased | SPDR SER TR (SPHY) | 3.4% | 3.9% | +0.6 pts | +536K sh | +18% |
| New | GLOBAL X FDS (PFFD) | — | 0.5% | +0.5 pts | +506K sh | new |
| New | PIMCO ETF TR (BOND) | — | 0.4% | +0.4 pts | +95,700 sh | new |
| Reduced | SPDR DOW JONES INDL AVERAGE (DIA) | 1.2% | 0.8% | −0.4 pts | −20,260 sh | −32% |
| Exited | SELECT SECTOR SPDR TR (XLC) | 0.4% | — | −0.4 pts | −95,296 sh | −100% |
| New | VANGUARD INDEX FDS (VTV) | — | 0.3% | +0.3 pts | +39,800 sh | new |
| Increased | ISHARES TR (HYG) | 8.6% | 8.9% | +0.3 pts | +79,100 sh | +3% |
| Increased | ISHARES TR (USHY) | 8.6% | 8.9% | +0.2 pts | +149K sh | +3% |
| Exited | VANECK ETF TRUST (FLTR) | 0.2% | — | −0.2 pts | −207K sh | −100% |
| Exited | FIRST TR EXCHANGE-TRADED FD (HYLS) | 0.2% | — | −0.2 pts | −126K sh | −100% |
| Increased | ISHARES TR (ICVT) | 0.8% | 1.0% | +0.2 pts | +63,500 sh | +31% |
| New | MORGAN STANLEY ETF TRUST (EVLN) | — | 0.2% | +0.2 pts | +98,500 sh | new |
| New | VANECK ETF TRUST (PFXF) | — | 0.2% | +0.2 pts | +286K sh | new |
| New | SPDR SER TR (BWX) | — | 0.2% | +0.2 pts | +228K sh | new |
| New | ETFIS SER TR I (PFFA) | — | 0.2% | +0.2 pts | +211K sh | new |
| Reduced | ISHARES TR (USMV) | 0.6% | 0.4% | −0.2 pts | −49,228 sh | −31% |
| Increased | INVESCO EXCH TRADED FD TR II (VRP) | 0.3% | 0.4% | +0.2 pts | +171K sh | +76% |
| Increased | JANUS DETROIT STR TR (JAAA) | 1.2% | 1.4% | +0.2 pts | +77,600 sh | +16% |
| Exited | NEUBERGER BERMAN ETF TRUST (NBOS) | 0.2% | — | −0.2 pts | −151K sh | −100% |
| Reduced | J P MORGAN EXCHANGE TRADED F (JEPI) | 1.0% | 0.8% | −0.2 pts | −63,400 sh | −18% |
| Increased | SPDR SER TR (HYMB) | 0.8% | 1.0% | +0.2 pts | +136K sh | +20% |
| Increased | JANUS DETROIT STR TR (JBBB) | 0.0% | 0.2% | +0.2 pts | +65,187 sh | +443% |
| Reduced | ISHARES TR (MUB) | 0.8% | 0.6% | −0.2 pts | −29,700 sh | −20% |
| Reduced | PIMCO ETF TR (LONZ) | 0.2% | 0.1% | −0.1 pts | −45,100 sh | −60% |
| New | AMERICAN CENTY ETF TR (AVDV) | — | 0.1% | +0.1 pts | +35,481 sh | new |
| New | BLACKROCK ETF TRUST II (SHYM) | — | 0.1% | +0.1 pts | +95,300 sh | new |
| Reduced | VANGUARD TAX-MANAGED FDS (VEA) | 3.7% | 3.6% | −0.1 pts | −43,100 sh | −3% |
| Increased | SERIES PORTFOLIOS TR (CLOZ) | 0.0% | 0.1% | 0.0 pts | +35,300 sh | +394% |
| Increased | BLACKROCK ETF TRUST II (CLOA) | 0.0% | 0.1% | 0.0 pts | +18,300 sh | +265% |
| Increased | GLOBAL X FDS (PAVE) | 0.0% | 0.1% | 0.0 pts | +24,594 sh | +276% |
| Increased | SELECT SECTOR SPDR TR (XLE) | 0.0% | 0.0% | 0.0 pts | +6,349 sh | +292% |
| New | FRANKLIN TEMPLETON ETF TR (FLHY) | — | 0.0% | 0.0 pts | +23,000 sh | new |
| New | SPDR SER TR (EMHC) | — | 0.0% | 0.0 pts | +11,000 sh | new |
| Increased | SPDR SER TR (CWB) | 2.0% | 2.0% | 0.0 pts | +2,158 sh | 0% |
| Increased | VANGUARD INDEX FDS (VOO) | 0.8% | 0.8% | 0.0 pts | +239 sh | +1% |
| Increased | ISHARES TR (IJK) | 0.0% | 0.0% | 0.0 pts | +651 sh | +16% |
| Increased | VANGUARD INTL EQUITY INDEX F (VWO) | 0.0% | 0.0% | 0.0 pts | +1,113 sh | +17% |
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 — 66.6% of the equity book
Changes in the top 10 this quarter: TLT entered · AMLP entered · PFF left · BKLN left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SPDR SER TR (JNK) | 20.3% | 21.4% | |
| 2 | ISHARES TR (HYG) | 8.6% | 8.9% | |
| 3 | ISHARES TR (USHY) | 8.6% | 8.9% | |
| 4 | SPDR SER TR (SJNK) | 6.3% | 6.2% | |
| 5 | ISHARES TR (TLT) | 0.0% | 4.5% | Entered the top 10 |
| 6 | SPDR SER TR (SPHY) | 3.4% | 3.9% | |
| 7 | DBX ETF TR (HYLB) | 3.7% | 3.7% | |
| 8 | VANGUARD TAX-MANAGED FDS (VEA) | 3.7% | 3.6% | |
| 9 | ISHARES TR (SHYG) | 3.3% | 3.3% | |
| 10 | ALPS ETF TR (AMLP) | 2.1% | 2.1% | Entered the top 10 |
| — | ISHARES TR (PFF) | 3.2% | 1.2% | Left the top 10 |
| — | INVESCO EXCH TRADED FD TR II (BKLN) | 3.2% | 1.1% | 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).