undamentalytics Newsletter

Institution

Blackrock Fund Advisors

13F for December 31, 2016, filed February 10, 2017 · SEC CIK 1006249 · Holdings history from December 31, 2009

The latest available holdings for this manager are dated December 31, 2016.

Reported value
$542.3bn
71% in companies we cover
Positions we cover
1,951
Largest AAPL 1.6%
Copy, a year
+13.9%
S&P 500 +12.7%
Copy Sharpe ratio
1.14
S&P 500 1.08

Copy-performance statistics: August 16, 2013 to May 26, 2017. Holdings history can start earlier than the price data used for performance.

Historical holdings

Holdings across the available history, including securities outside our stock coverage. Select a date to view the holdings for that period.

Related reporting managers

SEC notices identify these reporting relationships. Each manager retains its own holdings history; changes in reporting scope can involve several managers.

4,255 reported entries for December 31, 2016.

IssuerClass / typeReported valueQuantity
CORMEDIX INC21900C100 COM $163,000 106,733
CORNERSTONE ONDEMAND INC21925Y103 COM $64.2m 1,516,719
CORNERSTONE ONDEMAND INC21925YAB9 NOTE 1.500% 7/0 $60,000 58,000
CORNING INC219350105 · GLW COM $347.4m 14,312,347
CORPORATE OFFICE PPTYS TR22002T108 · CDP SH BEN INT $130.5m 4,179,776
CORVEL CORP221006109 · CRVL COM $31.6m 862,194
CORVUS PHARMACEUTICALS INC221015100 · CRVS COM $1.6m 108,919
COSAN LTDG25343107 SHS A $3,000 376
COSTAMARE INCY1771G102 · CMRE SHS $4.7m 830,520
COSTAR GROUP INC22160N109 · CSGP COM $62.7m 332,674
COSTCO WHSL CORP NEW22160K105 · COST COM $949.8m 5,931,997
COTIVITI HLDGS INC22164K101 COM $13.6m 394,535
COTY INC222070203 · COTY COM CL A $143.6m 7,843,408
COUNTY BANCORP INC221907108 COM $3.8m 141,169
COUPA SOFTWARE INC22266L106 COM $6.3m 253,675
COUSINS PPTYS INC222795106 · CUZ COM $189.0m 22,207,205
COVANTA HLDG CORP22282E102 COM $27.7m 1,776,704
COVENANT TRANSN GROUP INC22284P105 · CVLG CL A $7.6m 395,281
COVISINT CORP22357R103 COM $210,000 110,311
COWEN GROUP INC NEW223622606 CL A NEW $15.4m 995,660
CPFL ENERGIA S A126153105 SPONSORED ADR $19.0m 1,231,367
HOWARD BANCORP INC442496105 COM $11,000 701
HOWARD HUGHES CORP44267D107 · HHH COM $63.1m 552,608
HP INC40434L105 · HPQ COM $357.1m 24,060,690
HRG GROUP INC40434J100 COM $56.7m 3,645,495
HSBC HLDGS PLC404280604 ADR A 1/40PF A $150.2m 5,960,575
HSN INC404303109 COM $65.0m 1,894,764
HTG MOLECULAR DIAGNOSTICS IN40434H104 COM $4,000 1,621
HUANENG PWR INTL INC443304100 SPON ADR H SHS $886,000 34,020
HUB GROUP INC443320106 · HUBG CL A $117.4m 2,684,480
HUBBELL INC443510607 · HUBB COM $237.8m 2,037,344
HUBSPOT INC443573100 · HUBS COM $43.0m 914,617
HUDBAY MINERALS INC443628102 · HBM COM $160,000 28,141
HUDSON GLOBAL INC443787106 COM $98,000 72,090
HUDSON PAC PPTYS INC444097109 COM $138.2m 3,974,933
HUDSON TECHNOLOGIES INC444144109 · HDSN COM $565,000 70,478
HUMANA INC444859102 · HUM COM $477.6m 2,340,756
HUNT J B TRANS SVCS INC445658107 · JBHT COM $223.1m 2,298,032
HUNTINGTON BANCSHARES INC446150104 · HBAN COM $272.1m 20,579,960
HUNTINGTON INGALLS INDS INC446413106 · HII COM $386.8m 2,099,742
HUNTSMAN CORP447011107 · HUN COM $114.4m 5,998,114
HURCO COMPANIES INC447324104 · HURC COM $6.9m 209,467
HURON CONSULTING GROUP INC447462102 · HURN COM $34.2m 675,889
HURON CONSULTING GROUP INC447462AB8 NOTE 1.250%10/0 $57,000 58,000
HUTTIG BLDG PRODS INC448451104 COM $409,000 61,929
HYATT HOTELS CORP448579102 · H COM CL A $18.8m 339,410
HYSTER YALE MATLS HANDLING I449172105 · HY CL A $18.4m 287,791
I D SYSTEMS INC449489103 COM $180,000 33,288
IAC INTERACTIVECORP44919P508 COM $50.9m 785,447
IAMGOLD CORP450913108 · IAG COM $150,000 38,950
IBERIABANK CORP450828108 COM $122.5m 1,462,381
IBIO INC451033104 · IBIO COM $9,000 21,982
ICAD INC44934S206 COM NEW $117,000 36,029
ICF INTL INC44925C103 · ICFI COM $31.1m 563,352
ICICI BK LTD45104G104 ADR $8.3m 1,103,417
ICON PLCG4705A100 · ICLR SHS $2.7m 35,901
ICONIX BRAND GROUP INC451055107 COM $39.8m 4,260,458
ICONIX BRAND GROUP INC451055AF4 NOTE 1.500% 3/1 $55,000 58,000
ICU MED INC44930G107 · ICUI COM $167.8m 1,138,554
IDACORP INC451107106 · IDA COM $446.9m 5,548,690
IDEAL PWR INC451622104 · IPWR COM $84,000 25,418
IDENTIV INC45170X205 · INVE COM NEW $11,000 3,305
IDERA PHARMACEUTICALS INC45168K306 COM NEW $4.9m 3,292,962
IDEX CORP45167R104 · IEX COM $262.9m 2,919,008
IDEXX LABS INC45168D104 · IDXX COM $435.5m 3,713,470
IDT CORP448947507 · IDT CL B NEW $11.9m 642,124
IEC ELECTRS CORP NEW44949L105 COM $116,000 32,559
IES HLDGS INC44951W106 · IESC COM $4.9m 253,302
IF BANCORP INC44951J105 COM $13,000 697
IGNITE RESTAURANT GROUP INC451730105 COM $11,000 20,410
IGNYTA INC451731103 COM $5.0m 948,441
IHS MARKIT LTDG47567105 SHS $12.2m 345,698
ISHARES464286822 MSCI MEX CAP ETF $2.0m 45,725
ISHARES464289511 10+ YR CR BD ETF $36.3m 618,109
ISHARES464289529 INDIA 50 ETF $608,000 22,250
ISHARES INC46434G103 CORE MSCI EMKT $500.5m 11,790,956
ISHARES INC46434G798 MSCI RUS ETF NEW $11.8m 351,715
ISHARES INC46434G822 MSCI JPN ETF NEW $860.5m 17,612,096
ISHARES INC46434G830 MSCI ITL ETF NEW $6.8m 282,624
ISHARES TR464287150 CORE S&P TTL STK $426.3m 8,312,349
ISHARES TR464287176 TIPS BD ETF $893.7m 7,896,797
ISHARES TR464287200 CORE S&P500 ETF $866.4m 3,851,024
ISHARES TR464287226 CORE US AGGBD ET $2.7bn 24,766,580
ISHARES TR464287234 MSCI EMG MKT ETF $260.4m 7,438,681
ISHARES TR464287242 IBOXX INV CP ETF $84.7m 722,473
ISHARES TR464287382 JPX NIKKEI 400 $2.5m 47,790
ISHARES TR464287432 20 YR TR BD ETF $3.6m 30,472
ISHARES TR464287465 MSCI EAFE ETF $3.3bn 56,501,952
METTLER TOLEDO INTERNATIONAL592688105 · MTD COM $216.2m 516,487
MFA FINL INC55272X102 · MFA COM $95.8m 12,556,822
MFRI INC552721102 COM $145,000 17,857
MGC DIAGNOSTICS CORP552768103 COM $6,000 794
MGE ENERGY INC55277P104 · MGEE COM $71.1m 1,088,588
MGIC INVT CORP WIS552848103 · MTG COM $112.1m 10,999,330
MGM GROWTH PPTYS LLC55303A105 CL A COM $485,000 19,154
MGM RESORTS INTERNATIONAL552953101 · MGM COM $143.7m 4,983,410
MGP INGREDIENTS INC NEW55303J106 · MGPI COM $20.2m 403,772
MICHAEL KORS HLDGS LTDG60754101 SHS $126.9m 2,952,553
MICHAELS COS INC59408Q106 COM $19.1m 936,190
MICROBOT MED INC59503A105 COM $2,000 263

Values use the units disclosed in the source. Where a dollar scale cannot be established, the original amount is shown as filed. Rows may include separate allocations, options and principal amounts; these are kept separate from the covered-stock portfolio used for performance.

How copying its 13F would have done

$10.0k 20132014201520162017 $16.3k$15.7k
CopyS&P 500 $10,000 copying Blackrock Fund Advisors's usable filed holdings in companies we cover from August 16, 2013, rebalancing at the first weekly close after each usable filing and holding until the next, against the S&P 500 (total return). Missing prices carry their last observed value. Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −11.8% (S&P 500 −11.2%); beta 1.01; alpha +0.9% a year (t = 0.93); last 12 months +21.5% against +20.1%.

Reported value by quarter

Blackrock Fund Advisors: 13F reported value Total reported value where the source's dollar units can be established. Earlier filings in thousands of dollars are converted; dates with unresolved value units are omitted.
$0 $200B $400B $600B Reported value, 2013-06-30: $272.4B Reported value, 2013-09-30: $296.2B Reported value, 2013-12-31: $328.8B Reported value, 2014-03-31: $337.4B Reported value, 2014-06-30: $355.1B Reported value, 2014-09-30: $353.9B Reported value, 2014-12-31: $404.6B Reported value, 2015-03-31: $418.6B Reported value, 2015-06-30: $416.9B Reported value, 2015-09-30: $386.2B Reported value, 2015-12-31: $433.6B Reported value, 2016-03-31: $432B Reported value, 2016-06-30: $453B Reported value, 2016-09-30: $487.2B Reported value, 2016-12-31: $542.3B 2013-06-30 2014-03-31 2014-12-31 2015-09-30 2016-12-31 $542.3B
View chart data
Period Reported value
2013-06-30 $272.4B
2013-09-30 $296.2B
2013-12-31 $328.8B
2014-03-31 $337.4B
2014-06-30 $355.1B
2014-09-30 $353.9B
2014-12-31 $404.6B
2015-03-31 $418.6B
2015-06-30 $416.9B
2015-09-30 $386.2B
2015-12-31 $433.6B
2016-03-31 $432B
2016-06-30 $453B
2016-09-30 $487.2B
2016-12-31 $542.3B

Latest covered holdings and moves

Covered holdings as of December 31, 2016.

CompanyShare of portfolioValueSharesChange in shares
AAPLApple Inc.1.64%$8.9bn76.84M+8.0% Added
MSFTMicrosoft Corporation1.30%$7.0bn113.20M+8.0% Added
JNJJohnson & Johnson0.97%$5.2bn45.55M+5.1% Added
TAT&T0.82%$4.4bn104.51M+3.7% Added
JPMJPMorgan Chase0.78%$4.2bn49.18M+10.3% Added
CVXChevron Corporation0.77%$4.2bn35.62M+5.8% Added
AMZNAmazon0.72%$3.9bn5.22M+6.7% Added
METAMeta Platforms0.70%$3.8bn32.87M+8.1% Added
PGProcter & Gamble0.65%$3.5bn41.60M+7.6% Added
VZVerizon0.64%$3.4bn64.61M+5.2% Added
PFEPfizer0.63%$3.4bn105.44M+7.6% Added
WFCWells Fargo0.62%$3.4bn60.93M+9.8% Added
GOOGLAlphabet Inc. (Class A)0.62%$3.3bn4.23M+6.9% Added
BACBank of America0.56%$3.0bn137.28M+11.0% Added
INTCIntel0.53%$2.9bn79.39M+8.3% Added
MRKMerck & Co.0.52%$2.8bn48.12M+5.6% Added
KOThe Coca-Cola Company0.48%$2.6bn63.17M+4.8% Added
PMPhilip Morris International0.46%$2.5bn27.26M+3.0% Added
CSCOCisco0.46%$2.5bn82.09M+7.4% Added
IBMIBM0.45%$2.4bn14.57M+5.9% Added
PEPPepsiCo0.44%$2.4bn22.64M+6.7% Added
UNHUnitedHealth Group0.44%$2.4bn14.79M+2.4% Added
HDThe Home Depot0.43%$2.3bn17.52M+1.8% Added
CCitigroup0.43%$2.3bn39.41M+9.5% Added
MOAltria0.42%$2.3bn33.44M+0.5%
VVisa Inc.0.42%$2.3bn28.89M+5.3% Added
CMCSAComcast0.41%$2.2bn31.92M+8.0% Added
AMGNAmgen0.39%$2.1bn14.59M+11.3% Added
DISThe Walt Disney Company0.38%$2.1bn19.86M+7.5% Added
GILDGilead Sciences0.38%$2.0bn28.51M+9.5% Added
MCDMcDonald's0.38%$2.0bn16.74M−2.3% Reduced
SLBSchlumberger0.34%$1.8bn21.77M+8.8% Added
LMTLockheed Martin0.33%$1.8bn7.08M+6.9% Added
ORCLOracle Corporation0.31%$1.7bn44.00M+7.3% Added
WMTWalmart0.30%$1.6bn23.61M+18.5% Added
MMM3M0.29%$1.6bn8.92M+7.9% Added
MDTMedtronic0.29%$1.6bn21.98M+3.5% Added
QCOMQualcomm0.29%$1.6bn23.92M+11.6% Added
MAMastercard0.28%$1.5bn14.68M+10.2% Added
BIIBBiogen0.28%$1.5bn5.30M+6.6% Added
BMYBristol Myers Squibb0.27%$1.5bn25.04M+2.8% Added
BABoeing0.27%$1.4bn9.26M+13.6% Added
LLYLilly (Eli)0.26%$1.4bn19.05M+8.1% Added
ABBVAbbVie0.26%$1.4bn22.18M+7.8% Added
UPSUnited Parcel Service0.26%$1.4bn12.06M+5.0% Added
BABAAlibaba Group Holding Ltd0.26%$1.4bn15.72M−4.0% Reduced
SPGSimon Property Group0.25%$1.3bn7.54M−1.0% Reduced
NEENextEra Energy0.24%$1.3bn10.95M+4.5% Added
GSGoldman Sachs0.23%$1.2bn5.21M+10.5% Added
USBU.S. Bancorp0.23%$1.2bn24.10M+12.5% Added
OXYOccidental Petroleum0.23%$1.2bn17.22M+5.3% Added
ACNAccenture0.22%$1.2bn10.28M+2.3% Added
UNPUnion Pacific Corporation0.22%$1.2bn11.42M+10.8% Added
TXNTexas Instruments0.22%$1.2bn16.02M+14.2% Added
SBUXStarbucks0.21%$1.2bn21.05M+5.5% Added
CMECME Group0.21%$1.1bn9.90M+4.6% Added
NVDANVIDIA Corporation0.21%$1.1bn10.62M+7.7% Added
CVSCVS Health0.21%$1.1bn14.30M+6.8% Added
KMBKimberly-Clark0.20%$1.1bn9.76M+21.1% Added
PSAPublic Storage0.20%$1.1bn4.74M−7.9% Reduced
COPConocoPhillips0.20%$1.1bn21.13M+8.7% Added
CATCaterpillar Inc.0.19%$1.1bn11.36M+7.7% Added
DDominion Energy0.19%$1.1bn13.74M−7.4% Reduced
BKNGBooking Holdings0.18%$981.4m669.4K+7.2% Added
AMTAmerican Tower0.18%$964.0m9.14M−3.9% Reduced
COSTCostco0.17%$949.8m5.93M0.0%
DUKDuke Energy0.17%$947.6m12.21M−7.6% Reduced
CBChubb Limited0.17%$933.6m7.07M+3.5% Added
NKENike, Inc.0.17%$931.1m18.32M+3.5% Added
ABTAbbott Laboratories0.17%$911.9m23.74M+0.4%
REGNRegeneron Pharmaceuticals0.17%$898.5m2.45M+6.9% Added
SOSouthern Company0.16%$890.4m18.10M+0.1%
LOWLowe's0.16%$884.8m12.44M+3.0% Added
CLColgate-Palmolive0.16%$882.7m13.49M+4.2% Added
ADPAutomatic Data Processing0.16%$879.7m8.56M+0.5%
MDLZMondelez International0.16%$872.8m19.69M+5.6% Added
AIGAmerican International Group0.16%$865.7m13.25M+5.4% Added
EOGEOG Resources0.16%$858.7m8.49M+10.7% Added
PLDPrologis0.16%$858.2m16.26M+0.3%
GISGeneral Mills0.16%$857.5m13.88M−5.3% Reduced
CHTRCharter Communications0.16%$853.3m2.96M+3.3% Added
TMOThermo Fisher Scientific0.16%$850.6m6.03M−0.8% Reduced
MSMorgan Stanley0.15%$842.5m19.94M+8.5% Added
ADBEAdobe Inc.0.15%$826.0m8.02M+5.2% Added
PNCPNC Financial Services0.15%$818.2m7.00M+12.9% Added
DHRDanaher Corporation0.15%$817.1m10.50M+9.5% Added
WELLWelltower0.15%$811.7m12.13M−4.3% Reduced
TJXTJX Companies0.15%$797.0m10.61M+2.6% Added
GDGeneral Dynamics0.15%$796.8m4.62M+23.2% Added
AXPAmerican Express0.14%$782.2m10.56M+10.4% Added
EQIXEquinix0.14%$758.5m2.12M−1.2% Reduced
WMWaste Management0.14%$758.4m10.69M+1.6% Added
SRESempra0.14%$757.1m7.52M−1.5% Reduced
SYKStryker Corporation0.14%$756.7m6.32M−1.8% Reduced
METMetLife0.14%$747.9m13.88M+13.0% Added
OKEOneok0.14%$744.1m12.96M+4.1% Added
VTRVentas0.14%$735.8m11.77M−5.9% Reduced
KHCKraft Heinz0.14%$732.7m8.39M+19.9% Added
FDXFedEx0.13%$723.2m3.88M+16.4% Added
BDXBecton Dickinson0.13%$718.7m4.34M−2.9% Reduced
NOCNorthrop Grumman0.13%$712.9m3.07M+22.3% Added
HALHalliburton0.13%$708.6m13.10M+8.0% Added
AEPAmerican Electric Power0.13%$702.6m11.16M+2.8% Added
VMRKVivmark Residential0.13%$699.4m10.87M−5.7% Reduced
EMREmerson Electric0.13%$699.4m12.54M+2.0% Added
PEGPublic Service Enterprise Group0.13%$695.8m15.86M+13.9% Added
PCGPG&E Corporation0.13%$695.3m11.44M+3.0% Added
BLKBlackRock0.13%$686.8m1.80M+9.6% Added
XELXcel Energy0.13%$684.8m16.82M+1.4% Added
GMGeneral Motors0.13%$679.7m19.51M+13.5% Added
SCHWCharles Schwab Corporation0.13%$677.6m17.17M+10.4% Added
BNYBNY Mellon0.12%$674.4m14.23M+10.3% Added
JCIJohnson Controls0.12%$669.8m16.26M+6.0% Added
NFLXNetflix0.12%$667.4m5.39M+7.1% Added
WECWEC Energy Group0.12%$658.9m11.23M+2.4% Added
PSXPhillips 660.12%$657.5m7.61M+7.6% Added
FFord Motor Company0.12%$646.3m53.28M+12.9% Added
DTEDTE Energy0.12%$643.3m6.53M+3.9% Added
CRMSalesforce0.12%$640.3m9.35M+6.6% Added
PCARPaccar0.12%$638.9m10.00M+5.6% Added
CCICrown Castle0.12%$636.0m7.33M−0.9% Reduced
EIXEdison International0.12%$631.6m8.77M+5.9% Added
IPInternational Paper0.12%$630.7m11.89M+6.0% Added
BIDUBaidu, Inc.0.12%$630.6m3.84M−4.1% Reduced
TGTTarget Corporation0.12%$629.6m8.72M+4.4% Added
KMIKinder Morgan0.12%$624.3m30.14M+11.6% Added
PKGPackaging Corporation of America0.12%$623.7m7.35M+2.2% Added
ISRGIntuitive Surgical0.12%$622.2m981.1K+14.3% Added
ETNEaton Corporation0.11%$617.8m9.21M+6.4% Added
EDConsolidated Edison0.11%$616.6m8.37M−4.0% Reduced
EXCExelon0.11%$612.3m17.25M+7.4% Added
PPLPPL Corporation0.11%$607.4m17.84M+3.8% Added
ILMNIllumina, Inc.0.11%$601.2m4.70M+10.1% Added
PRUPrudential Financial0.11%$596.3m5.73M+10.9% Added
BXPBXP, Inc.0.11%$592.9m4.71M−1.9% Reduced
PYPLPayPal0.11%$589.6m14.94M+7.4% Added
MRSHMarsh McLennan0.11%$587.4m8.69M+3.3% Added
ELVElevance Health0.11%$585.2m4.07M+7.9% Added
PAYXPaychex0.11%$578.1m9.50M−8.0% Reduced
HPEHewlett Packard Enterprise0.11%$574.0m24.80M+18.6% Added
BKRBaker Hughes0.10%$569.5m8.76M+9.2% Added
COFCapital One0.10%$568.5m6.52M+5.6% Added
TRVThe Travelers Companies0.10%$564.2m4.61M+6.1% Added
SYYSysco0.10%$550.7m9.95M+4.2% Added
MPCMarathon Petroleum0.10%$547.8m10.88M+8.2% Added
ORealty Income0.10%$546.4m9.51M−2.6% Reduced
VNOVornado Realty Trust0.10%$545.9m5.23M−4.0% Reduced
CICigna0.10%$545.3m4.09M+4.1% Added
VLOValero Energy0.10%$544.3m7.97M+4.2% Added
ETREntergy0.10%$544.2m7.41M+4.8% Added
CompanyBought (value)Shares
AAPLApple Inc.$662.1m5.72M
MSFTMicrosoft Corporation$523.7m8.43M
JPMJPMorgan Chase$396.6m4.60M
ICEIntercontinental Exchange$369.7m6.55M
BACBank of America$301.4m13.64M
WFCWells Fargo$301.0m5.46M
AGNCAGNC Investment Corp.$298.1m16.44M
METAMeta Platforms$282.6m2.46M
TEVATeva Pharmaceutical Industries LTD$262.0m7.23M
JNJJohnson & Johnson$254.5m2.21M
WMTWalmart$254.5m3.68M
PGProcter & Gamble$248.3m2.95M
AMZNAmazon$244.6m326.2K
PFEPfizer$240.6m7.41M
CVXChevron Corporation$230.8m1.96M

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
AAAlcoa Corp−$624.5m−22.24M
PSAPublic Storage−$90.7m−405.7K
DVADaVita−$89.0m−1.39M
DDominion Energy−$84.5m−1.10M
HSYThe Hershey Company−$78.5m−759.2K
HSICHenry Schein−$78.1m−514.7K
DUKDuke Energy−$77.5m−998.7K
CORCencora−$77.0m−984.7K
MAAMid-America Apartment Communities−$66.0m−674.2K
BABAAlibaba Group Holding Ltd−$57.9m−659.8K
PAYXPaychex−$50.1m−823.1K
MCDMcDonald's−$48.2m−396.3K
GISGeneral Mills−$47.8m−773.8K
VTRVentas−$46.3m−740.4K
VMRKVivmark Residential−$42.5m−660.5K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
QUREUniqure N.V.$2.5m324.5K
CCEPCoca-cola Europacific Partners plc$2.2m54.9K
ERICEricsson LM Telephone Co$274,00038.1K
MGAMagna International Inc$105,0002.5K
NBISNebius Group N.V.$54,0002.6K
NVGSNavigator Holdings Ltd.$1,00089
  • Financials16.6%
  • Technology14.4%
  • Health Care13.3%
  • Industrials11.9%
  • Consumer Discretionary9.9%
  • Consumer Staples8.1%
  • Communication Services6.5%
  • Real Estate5.9%
  • Utilities5.3%
  • Energy4.5%
  • Materials3.5%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestAugust 16, 2013 to May 26, 2017+13.9%+12.7%1.141.08−11.8%1.01
Last three yearsMay 30, 2014 to May 26, 2017+11.4%+10.1%0.920.84−11.8%1.02
Last yearMay 27, 2016 to May 26, 2017+18.5%+17.4%1.771.84−4.8%1.09

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.