Latest Towercrest Capital Management Stock Portfolio
Towercrest Capital Management Performance:
2024 Q3: 1.93%YTD: 2.56%2023: 5.7%
Performance for 2024 Q3 is 1.93%, and YTD is 2.56%, and 2023 is 5.7%.
About Towercrest Capital Management and 13F Hedge Fund Stock Holdings
Towercrest Capital Management is a hedge fund based in NEWTOWN, PA. On 14-Sep-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $510.5 Millions. In it's latest 13F Holdings report, Towercrest Capital Management reported an equity portfolio of $620.5 Millions as of 30 Sep, 2024.
The top stock holdings of Towercrest Capital Management are IJR, FNDA, IJR. The fund has invested 10.2% of it's portfolio in ISHARES TR and 8.3% of portfolio in SCHWAB STRATEGIC TR.
The fund managers got completely rid off SELECT SECTOR SPDR TR (XLB), VANGUARD WORLD FDS (VAW) and ISHARES TR (AAXJ) stocks. They significantly reduced their stock positions in RESIDEO TECHNOLOGIES INC (REZI), SPDR TR S&P 500 ETF TR (SPY) and SPDR INDEX SHS FDS (CWI). Towercrest Capital Management opened new stock positions in VERIZON COMMUNICATIONS INC (VZ), ISHARES TR (AAXJ) and PHILIP MORRIS INTL INC (PM). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD WHITEHALL FDS (VIGI), INVESCO QQQ TR (QQQ) and ISHARES TR (IJR).
The top stock holdings of Towercrest Capital Management are IJR, FNDA, IJR. The fund has invested 10.2% of it's portfolio in ISHARES TR and 8.3% of portfolio in SCHWAB STRATEGIC TR.
The fund managers got completely rid off SELECT SECTOR SPDR TR (XLB), VANGUARD WORLD FDS (VAW) and ISHARES TR (AAXJ) stocks. They significantly reduced their stock positions in RESIDEO TECHNOLOGIES INC (REZI), SPDR TR S&P 500 ETF TR (SPY) and SPDR INDEX SHS FDS (CWI). Towercrest Capital Management opened new stock positions in VERIZON COMMUNICATIONS INC (VZ), ISHARES TR (AAXJ) and PHILIP MORRIS INTL INC (PM). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD WHITEHALL FDS (VIGI), INVESCO QQQ TR (QQQ) and ISHARES TR (IJR).
Towercrest Capital Management Annual Return Estimates Vs S&P 500
Our best estimate is that Towercrest Capital Management made a return of 1.93% in the last quarter. In trailing 12 months, it's portfolio return was 6.07%.
New Buys
| Ticker | $ Bought |
|---|---|
| verizon communications inc | 207,238 |
| ishares tr | 201,697 |
| philip morris intl inc | 200,281 |
New stocks bought by Towercrest Capital Management
Additions
| Ticker | % Inc. |
|---|---|
| vanguard whitehall fds | 96.61 |
| invesco qqq tr | 30.25 |
| ishares tr | 19.21 |
| ishares tr | 12.59 |
| pimco etf tr | 11.01 |
| spdr ser tr | 4.92 |
| schwab strategic tr | 4.79 |
| schwab strategic tr | 4.38 |
Additions to existing portfolio by Towercrest Capital Management
Reductions
| Ticker | % Reduced |
|---|---|
| resideo technologies inc | -50.00 |
| spdr tr s&p 500 etf tr | -23.88 |
| spdr index shs fds | -17.75 |
| spdr index shs fds | -16.22 |
| spdr ser tr | -15.8 |
| ishares tr | -11.12 |
| ishares tr | -10.33 |
| spdr ser tr | -8.49 |
Towercrest Capital Management reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| matinas biopharma hldgs inc | -298,667 |
| select sector spdr tr | -961,268 |
| las vegas sands corp | -279,085 |
| ishares tr | -509,713 |
| vanguard world fds | -816,118 |
| invesco exch traded fd tr ii | -350,760 |
| boeing co | -246,988 |
| vanguard world fds | -484,336 |
Towercrest Capital Management got rid off the above stocks
Sector Distribution
Towercrest Capital Management has about 87.9% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 87.9 |
| Utilities | 5.4 |
| Technology | 3.5 |
Market Cap. Distribution
Towercrest Capital Management has about 6.8% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 87.9 |
| MEGA-CAP | 5.7 |
| SMALL-CAP | 5.2 |
| LARGE-CAP | 1.1 |
Stocks belong to which Index?
About 12.2% of the stocks held by Towercrest Capital Management either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 87.9 |
| S&P 500 | 6.8 |
| RUSSELL 2000 | 5.4 |
Towercrest Capital Management Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Towercrest Capital Management
Towercrest Capital Management has 101 stocks in it's portfolio. About 52.1% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. IJR was the most profitable stock for Towercrest Capital Management last quarter.
Last Reported on: 12 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 2.23 | 59,382 | 13,836,000 | reduced | -6.32 | ||
| AAXJ | ishares tr | 4.74 | 366,312 | 29,414,800 | added | 1.9 | ||
| AAXJ | ishares tr | 3.19 | 211,754 | 19,815,900 | reduced | -0.4 | ||
| AAXJ | ishares tr | 2.00 | 114,529 | 12,441,300 | reduced | -7.13 | ||
| AAXJ | ishares tr | 0.03 | 1,854 | 201,697 | new | |||
| AAXJ | ishares tr | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ACWF | ishares tr | 1.02 | 146,409 | 6,357,090 | reduced | -11.12 | ||
| ACWF | ishares tr | 0.95 | 94,222 | 5,906,790 | added | 0.68 | ||
| AGT | ishares tr | 0.05 | 905 | 284,523 | unchanged | 0.00 | ||
| AMPS | ishares tr | 5.21 | 633,385 | 32,328,000 | reduced | -3.26 | ||
| AMZN | amazon com inc | 0.17 | 5,732 | 1,068,040 | reduced | -1.71 | ||
| BA | boeing co | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BAB | invesco exch traded fd tr ii | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BAC | bank amer corp | 0.09 | 14,717 | 583,971 | unchanged | 0.00 | ||
| BIL | spdr ser tr | 3.69 | 742,345 | 22,901,300 | reduced | -8.49 | ||
| BIL | spdr series trust | 1.96 | 179,789 | 12,137,500 | reduced | -0.15 | ||
| BIL | spdr series trust | 1.50 | 355,171 | 9,284,180 | reduced | -7.23 | ||
| BIL | spdr ser tr | 0.90 | 118,634 | 5,555,630 | reduced | -5.12 | ||
| BIL | spdr series trust | 0.82 | 150,687 | 5,079,660 | reduced | -1.3 | ||
| BIL | spdr ser tr | 0.40 | 54,435 | 2,477,320 | added | 4.92 | ||