Latest Avestar Capital, LLC Stock Portfolio

$973Million– No. of Holdings #408

Avestar Capital, LLC Performance:

2024 Q2: 1.94%YTD: 5.15%2023: 19.46%

Performance for 2024 Q2 is 1.94%, and YTD is 5.15%, and 2023 is 19.46%.

About Avestar Capital, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Avestar Capital, LLC reported an equity portfolio of $973.7 Millions as of 30 Jun, 2024.

The top stock holdings of Avestar Capital, LLC are GOOG, AAPL, MSFT. The fund has invested 6.7% of it's portfolio in ALPHABET INC and 6% of portfolio in APPLE INC.

The fund managers got completely rid off VANECK ETF TRUST (AFK), SIMPLIFY EXCHANGE TRADED FUN (AGGH) and INVESCO EXCH TRADED FD TR II (CGW) stocks. They significantly reduced their stock positions in VIATRIS INC (VTRS), MARKEL GROUP INC (MKL) and HUMANA INC (HUM). Avestar Capital, LLC opened new stock positions in WISDOMTREE TR (DWMF), SCHWAB STRATEGIC TR (FNDA) and SPDR SER TR (BIL). The fund showed a lot of confidence in some stocks as they added substantially to SEMPRA (SRE), SUPER MICRO COMPUTER INC (SMCI) and PGIM GLOBAL HIGH YIELD FD FO.

Avestar Capital, LLC Equity Portfolio Value

Last Reported on: 08 Aug, 2024

Avestar Capital, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Avestar Capital, LLC made a return of 1.94% in the last quarter. In trailing 12 months, it's portfolio return was 9.55%.

New Buys

Ticker	$ Bought
wisdomtree tr	6,172,170
wisdomtree tr	5,284,600
schwab strategic tr	4,066,580
schwab strategic tr	1,294,700
spdr ser tr	1,030,830
wisdomtree tr	1,020,490
vanguard scottsdale fds	993,515
vanguard scottsdale fds	885,387

New stocks bought by Avestar Capital, LLC

Additions

Ticker	% Inc.
sempra	143
super micro computer inc	140
pgim global high yield fd fo	133
quanta svcs inc	131
astrazeneca plc	128
conocophillips	127
emerson elec co	124
amphenol corp new	109

Additions to existing portfolio by Avestar Capital, LLC

Reductions

Ticker	% Reduced
viatris inc	-74.54
markel group inc	-68.15
humana inc	-62.38
us bancorp del	-62.37
caseys gen stores inc	-54.82
quest diagnostics inc	-52.72
teck resources ltd	-49.8
owens corning new	-48.28

Avestar Capital, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
simplify exchange traded fun	-4,360,850
invesco exch traded fd tr ii	-4,037,530
vaneck etf trust	-6,311,180
j p morgan exchange traded f	-1,990,290
mitsubishi ufj finl group in	-199,137
masterbrand inc	-347,496
vanguard index fds	-3,902,310
ishares tr	-1,172,380

Avestar Capital, LLC got rid off the above stocks

Sector Distribution

Avestar Capital, LLC has about 47.2% of it's holdings in Others sector.

Sector	%
Others	47.2
Technology	20.7
Communication Services	12.6
Consumer Cyclical	5.3
Healthcare	3.9
Financial Services	3.2
Consumer Defensive	2.5
Industrials	2.2

Market Cap. Distribution

Avestar Capital, LLC has about 51.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	47.3
MEGA-CAP	35.7
LARGE-CAP	15.6

Stocks belong to which Index?

About 51.7% of the stocks held by Avestar Capital, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	50.4
Others	48.3
RUSSELL 2000	1.3

Top 5 Winners (%)		%
SNAP	snap inc	44.6 %
AGEN	agenus inc	33.2 %
PINS	pinterest inc	27.1 %
KIND	nextdoor holdings inc	25.1 %
NTAP	netapp inc	22.6 %

Top 5 Winners ($)		$
GOOG	alphabet inc	11.0 M
AAPL	apple inc	10.8 M
ANET	arista networks inc	3.0 M
GOOG	alphabet inc	2.2 M
MSFT	microsoft corp	1.7 M

Top 5 Losers (%)		%
CMG	chipotle mexican grill inc	-82.9 %
VTYX	ventyx biosciences inc	-58.0 %
APH	amphenol corp new	-43.0 %
CRDF	cardiff oncology inc	-35.8 %
NVDA	nvidia corporation	-35.0 %

Top 5 Losers ($)		$
NVDA	nvidia corporation	-15.2 M
CMG	chipotle mexican grill inc	-1.8 M
INTC	intel corp	-0.4 M
CRM	salesforce inc	-0.3 M
APH	amphenol corp new	-0.3 M

Avestar Capital, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Avestar Capital, LLC

Avestar Capital, LLC has 408 stocks in it's portfolio. About 31.8% of the portfolio is in top 10 stocks. NVDA proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Avestar Capital, LLC last quarter.

Last Reported on: 08 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	6.04	279,076	58,779,200	added	4.11

AAXJ	ishares tr	0.36	33,954	3,473,490	reduced	-4.87

AAXJ	ishares tr	0.09	7,700	865,480	unchanged	0.00

AAXJ	ishares tr	0.07	13,371	710,401	added	4.24

AAXJ	ishares tr	0.04	3,824	422,552	added	1.32

ABBV	abbvie inc	0.20	11,486	1,970,230	added	8.17

ABNB	airbnb inc	0.12	7,839	1,188,630	added	15.19

ABT	abbott labs	0.08	7,870	817,791	reduced	-1.83

ACN	accenture plc ireland	0.08	2,551	773,999	reduced	-20.75

ACWF	ishares tr	1.88	362,279	18,306,000	added	2.74

ACWF	ishares tr	0.23	75,117	2,195,670	added	3.43

ACWV	ishares inc	0.17	29,608	1,693,870	reduced	-4.55

ADBE	adobe inc	0.19	3,274	1,818,840	added	15.08

ADI	analog devices inc	0.08	3,500	798,910	reduced	-21.28

ADP	automatic data processing in	0.05	1,971	470,458	added	15.2

ADSK	autodesk inc	0.06	2,234	552,803	reduced	-24.91

AEMB	american centy etf tr	0.11	24,937	1,060,570	reduced	-6.3

AEMB	american centy etf tr	0.08	8,905	803,142	reduced	-0.98

AEP	american elec pwr co inc	0.04	4,558	399,937	reduced	-7.77

AFK	vaneck etf trust	0.00	0.00	0.00	sold off	-100