Wright Fund Management LLC's Q4 2024 13F: 27 new positions, 22 exits
Form 13F-HR for the quarter ended Dec 31, 2024 · filed Jan 29, 2025 · 82 reported positions · accession 0001754960-25-000078
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | INVESCO EXCH TRADED FD TR II (BKLN) | 0.6% | 13.0% | +12.5 pts | +17.54M sh | +2838% |
| Exited | ISHARES TR (TLT) | 11.6% | — | −11.6 pts | −2.69M sh | −100% |
| Increased | SSGA ACTIVE ETF TR (SRLN) | 0.5% | 11.1% | +10.6 pts | +7.55M sh | +2785% |
| Increased | ISHARES TR (USHY) | 9.7% | 12.2% | +2.5 pts | +3.87M sh | +66% |
| New | VANGUARD INDEX FDS (VUG) | — | 1.3% | +1.3 pts | +93,835 sh | new |
| Reduced | ISHARES TR (USMV) | 2.6% | 0.7% | −1.9 pts | −412K sh | −63% |
| Increased | SPDR SER TR (SPHY) | 6.3% | 5.9% | −0.3 pts | +1.48M sh | +25% |
| New | VANGUARD INDEX FDS (VBK) | — | 1.0% | +1.0 pts | +110K sh | new |
| Exited | WISDOMTREE TR (EPI) | 1.0% | — | −1.0 pts | −469K sh | −100% |
| Increased | VANGUARD INDEX FDS (VOO) | 0.8% | 1.7% | +0.9 pts | +56,077 sh | +158% |
| Exited | ISHARES TR (IYR) | 1.0% | — | −1.0 pts | −219K sh | −100% |
| Increased | VANGUARD INDEX FDS (VOT) | 0.0% | 1.0% | +0.9 pts | +109K sh | +4006% |
| Exited | GLOBAL X FDS (PFFD) | 0.9% | — | −0.9 pts | −979K sh | −100% |
| Exited | VANGUARD SCOTTSDALE FDS (VCLT) | 0.8% | — | −0.8 pts | −229K sh | −100% |
| Increased | SPDR SER TR (CWB) | 2.0% | 2.3% | +0.4 pts | +290K sh | +50% |
| Exited | ISHARES INC (EEMV) | 0.8% | — | −0.8 pts | −276K sh | −100% |
| Exited | FIRST TR EXCHNG TRADED FD VI (UCON) | 0.7% | — | −0.7 pts | −660K sh | −100% |
| Exited | INVESCO EXCH TRADED FD TR II (PGX) | 0.7% | — | −0.7 pts | −1.25M sh | −100% |
| Exited | ISHARES TR (PFF) | 0.6% | — | −0.6 pts | −431K sh | −100% |
| New | FIRST TR EXCHANGE-TRADED FD (EMLP) | — | 0.6% | +0.6 pts | +494K sh | new |
| Increased | VANGUARD INDEX FDS (VXF) | 0.0% | 0.6% | +0.6 pts | +91,977 sh | +5980% |
| Increased | VANECK ETF TRUST (HYD) | 0.8% | 1.1% | +0.4 pts | +321K sh | +98% |
| Exited | ISHARES TR (TLH) | 0.5% | — | −0.5 pts | −111K sh | −100% |
| New | JANUS DETROIT STR TR (JBBB) | — | 0.5% | +0.5 pts | +308K sh | new |
| New | VANECK ETF TRUST (FLTR) | — | 0.5% | +0.5 pts | +587K sh | new |
| Reduced | ISHARES TR (EMB) | 0.7% | 0.0% | −0.7 pts | −166K sh | −95% |
| New | FIRST TR EXCHANGE-TRADED FD (FTSL) | — | 0.5% | +0.5 pts | +297K sh | new |
| Exited | PIMCO ETF TR (BOND) | 0.4% | — | −0.4 pts | −95,700 sh | −100% |
| Exited | VANECK ETF TRUST (EMLC) | 0.4% | — | −0.4 pts | −341K sh | −100% |
| Increased | SPDR SER TR (HYMB) | 1.4% | 1.4% | 0.0 pts | +403K sh | +34% |
| Exited | ISHARES TR (EFAV) | 0.3% | — | −0.3 pts | −104K sh | −100% |
| Increased | SELECT SECTOR SPDR TR (XLF) | 0.4% | 0.7% | +0.3 pts | +209K sh | +97% |
| New | LISTED FD TR (MAGS) | — | 0.3% | +0.3 pts | +155K sh | new |
| New | JANUS DETROIT STR TR (JAAA) | — | 0.3% | +0.3 pts | +161K sh | new |
| New | SERIES PORTFOLIOS TR (CLOZ) | — | 0.3% | +0.3 pts | +298K sh | new |
| Increased | ISHARES TR (ICVT) | 1.0% | 1.0% | 0.0 pts | +88,100 sh | +33% |
| Exited | VANGUARD INTL EQUITY INDEX F (VGK) | 0.2% | — | −0.2 pts | −79,773 sh | −100% |
| Exited | VANECK ETF TRUST (PFXF) | 0.2% | — | −0.2 pts | −286K sh | −100% |
| Increased | DBX ETF TR (HYLB) | 3.6% | 2.9% | −0.6 pts | +186K sh | +8% |
| Exited | ETFIS SER TR I (PFFA) | 0.2% | — | −0.2 pts | −217K sh | −100% |
| Increased | GLOBAL X FDS (PAVE) | 0.1% | 0.2% | +0.2 pts | +145K sh | +434% |
| New | ISHARES TR (IYC) | — | 0.2% | +0.2 pts | +60,211 sh | new |
| New | FRANKLIN TEMPLETON ETF TR (FLBL) | — | 0.2% | +0.2 pts | +215K sh | new |
| New | AMERICAN CENTY ETF TR (AVUV) | — | 0.2% | +0.2 pts | +53,721 sh | new |
| Increased | INVESCO EXCH TRADED FD TR II (VRP) | 0.4% | 0.5% | +0.1 pts | +214K sh | +54% |
| Increased | SPDR SER TR (KRE) | 0.5% | 0.6% | +0.1 pts | +68,641 sh | +33% |
| Exited | BLACKROCK ETF TRUST II (SHYM) | 0.1% | — | −0.1 pts | −109K sh | −100% |
| Increased | VANGUARD INDEX FDS (VBR) | 0.3% | 0.3% | 0.0 pts | +15,315 sh | +42% |
| Exited | ISHARES TR (IEFA) | 0.1% | — | −0.1 pts | −29,633 sh | −100% |
| New | FRANKLIN TEMPLETON ETF TR (FLMI) | — | 0.1% | +0.1 pts | +118K sh | new |
The 50 largest of 85 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 — 75.7% of the equity book
Changes in the top 10 this quarter: BKLN entered · SRLN entered · TLT left · USMV left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SPDR SER TR (JNK) | 20.1% | 15.2% | |
| 2 | INVESCO EXCH TRADED FD TR II (BKLN) | 0.6% | 13.0% | Entered the top 10 |
| 3 | ISHARES TR (USHY) | 9.7% | 12.2% | |
| 4 | SSGA ACTIVE ETF TR (SRLN) | 0.5% | 11.1% | Entered the top 10 |
| 5 | ISHARES TR (HYG) | 8.6% | 6.5% | |
| 6 | SPDR SER TR (SPHY) | 6.3% | 5.9% | |
| 7 | SPDR SER TR (SJNK) | 5.5% | 4.1% | |
| 8 | DBX ETF TR (HYLB) | 3.6% | 2.9% | |
| 9 | ISHARES TR (SHYG) | 3.1% | 2.4% | |
| 10 | SPDR SER TR (CWB) | 2.0% | 2.3% | |
| — | ISHARES TR (TLT) | 11.6% | 0.0% | Left the top 10 |
| — | ISHARES TR (USMV) | 2.6% | 0.7% | 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).