Wright Fund Management LLC's Q3 2024 13F: 22 new positions, 21 exits
Form 13F-HR for the quarter ended Sep 30, 2024 · filed Nov 12, 2024 · 77 reported positions · accession 0001754960-24-000566
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | ISHARES TR (TLT) | 4.5% | 11.6% | +7.1 pts | +1.65M sh | +159% |
| Exited | VANGUARD TAX-MANAGED FDS (VEA) | 3.6% | — | −3.6 pts | −1.53M sh | −100% |
| Increased | SPDR SER TR (SPHY) | 3.9% | 6.3% | +2.3 pts | +2.36M sh | +66% |
| Increased | ISHARES TR (USMV) | 0.4% | 2.6% | +2.2 pts | +548K sh | +507% |
| Exited | ALPS ETF TR (AMLP) | 2.1% | — | −2.1 pts | −932K sh | −100% |
| Exited | VANGUARD INDEX FDS (VUG) | 1.8% | — | −1.8 pts | −99,764 sh | −100% |
| Exited | JANUS DETROIT STR TR (JAAA) | 1.4% | — | −1.4 pts | −577K sh | −100% |
| Exited | INVESCO QQQ TR (QQQ) | 1.3% | — | −1.3 pts | −57,089 sh | −100% |
| Increased | ISHARES TR (USHY) | 8.9% | 9.7% | +0.8 pts | +705K sh | +14% |
| Exited | J P MORGAN EXCHANGE TRADED F (JEPQ) | 1.0% | — | −1.0 pts | −376K sh | −100% |
| New | ISHARES TR (IYR) | — | 1.0% | +1.0 pts | +219K sh | new |
| New | ISHARES INC (EEMV) | — | 0.8% | +0.8 pts | +276K sh | new |
| Exited | INVESCO EXCH TRD SLF IDX FD (BSJP) | 0.8% | — | −0.8 pts | −692K sh | −100% |
| Exited | WISDOMTREE TR (DXJ) | 0.7% | — | −0.7 pts | −137K sh | −100% |
| New | FIRST TR EXCHNG TRADED FD VI (UCON) | — | 0.7% | +0.7 pts | +660K sh | new |
| New | ISHARES TR (EMB) | — | 0.7% | +0.7 pts | +174K sh | new |
| Reduced | SSGA ACTIVE ETF TR (SRLN) | 1.3% | 0.5% | −0.8 pts | −388K sh | −59% |
| New | INVESCO EXCH TRADED FD TR II (PGX) | — | 0.7% | +0.7 pts | +1.25M sh | new |
| Reduced | ISHARES TR (PFF) | 1.2% | 0.6% | −0.6 pts | −383K sh | −47% |
| Reduced | ISHARES TR (MUB) | 0.6% | 0.0% | −0.6 pts | −116K sh | −98% |
| New | ISHARES TR (TLH) | — | 0.5% | +0.5 pts | +111K sh | new |
| Reduced | SPDR SER TR (JNK) | 21.4% | 20.1% | −1.4 pts | −117K sh | −2% |
| Increased | SPDR SER TR (KRE) | 0.0% | 0.5% | +0.5 pts | +201K sh | +2967% |
| Reduced | SPDR SER TR (SJNK) | 6.2% | 5.5% | −0.8 pts | −437K sh | −8% |
| Reduced | INVESCO EXCH TRADED FD TR II (BKLN) | 1.1% | 0.6% | −0.6 pts | −532K sh | −46% |
| Reduced | WISDOMTREE TR (EPI) | 1.6% | 1.0% | −0.5 pts | −212K sh | −31% |
| Increased | GLOBAL X FDS (PFFD) | 0.5% | 0.9% | +0.4 pts | +473K sh | +93% |
| Increased | SPDR SER TR (HYMB) | 1.0% | 1.4% | +0.4 pts | +364K sh | +44% |
| New | VANECK ETF TRUST (EMLC) | — | 0.4% | +0.4 pts | +341K sh | new |
| New | ISHARES TR (HYDB) | — | 0.4% | +0.4 pts | +175K sh | new |
| New | ISHARES TR (EFAV) | — | 0.3% | +0.3 pts | +104K sh | new |
| New | VANGUARD INDEX FDS (VBR) | — | 0.3% | +0.3 pts | +36,348 sh | new |
| Increased | FRANKLIN TEMPLETON ETF TR (FLHY) | 0.0% | 0.3% | +0.3 pts | +263K sh | +1145% |
| New | SELECT SECTOR SPDR TR (XLP) | — | 0.2% | +0.2 pts | +64,821 sh | new |
| Exited | MORGAN STANLEY ETF TRUST (EVLN) | 0.2% | — | −0.2 pts | −98,500 sh | −100% |
| Exited | SPDR SER TR (BWX) | 0.2% | — | −0.2 pts | −228K sh | −100% |
| Exited | INVESCO EXCH TRD SLF IDX FD (BSJO) | 0.2% | — | −0.2 pts | −210K sh | −100% |
| New | SELECT SECTOR SPDR TR (XLU) | — | 0.2% | +0.2 pts | +60,174 sh | new |
| Exited | ISHARES TR (IBHD) | 0.2% | — | −0.2 pts | −170K sh | −100% |
| Exited | JANUS DETROIT STR TR (JBBB) | 0.2% | — | −0.2 pts | −79,913 sh | −100% |
| Reduced | ISHARES TR (ITA) | 0.4% | 0.3% | −0.1 pts | −25,505 sh | −37% |
| Exited | FRANKLIN TEMPLETON ETF TR (FLBL) | 0.1% | — | −0.1 pts | −102K sh | −100% |
| Exited | AMERICAN CENTY ETF TR (AVDV) | 0.1% | — | −0.1 pts | −35,481 sh | −100% |
| Increased | FLEXSHARES TR (HYGV) | 0.3% | 0.4% | +0.1 pts | +55,800 sh | +40% |
| New | ISHARES TR (IEFA) | — | 0.1% | +0.1 pts | +29,633 sh | new |
| Exited | SPDR SER TR (FLRN) | 0.1% | — | −0.1 pts | −69,100 sh | −100% |
| Increased | VANGUARD SCOTTSDALE FDS (VCLT) | 0.7% | 0.8% | +0.1 pts | +24,700 sh | +12% |
| Exited | VANECK ETF TRUST (CLOI) | 0.1% | — | −0.1 pts | −25,200 sh | −100% |
| Exited | BLACKROCK ETF TRUST II (CLOA) | 0.1% | — | −0.1 pts | −25,200 sh | −100% |
| Exited | SERIES PORTFOLIOS TR (CLOZ) | 0.1% | — | −0.1 pts | −44,252 sh | −100% |
The 50 largest of 74 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 — 72.9% of the equity book
Changes in the top 10 this quarter: USMV entered · CWB entered · VEA left · AMLP left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SPDR SER TR (JNK) | 21.4% | 20.1% | |
| 2 | ISHARES TR (TLT) | 4.5% | 11.6% | |
| 3 | ISHARES TR (USHY) | 8.9% | 9.7% | |
| 4 | ISHARES TR (HYG) | 8.9% | 8.6% | |
| 5 | SPDR SER TR (SPHY) | 3.9% | 6.3% | |
| 6 | SPDR SER TR (SJNK) | 6.2% | 5.5% | |
| 7 | DBX ETF TR (HYLB) | 3.7% | 3.6% | |
| 8 | ISHARES TR (SHYG) | 3.3% | 3.1% | |
| 9 | ISHARES TR (USMV) | 0.4% | 2.6% | Entered the top 10 |
| 10 | SPDR SER TR (CWB) | 2.0% | 2.0% | Entered the top 10 |
| — | VANGUARD TAX-MANAGED FDS (VEA) | 3.6% | 0.0% | Left the top 10 |
| — | ALPS ETF TR (AMLP) | 2.1% | 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).