Latest Avondale Wealth Management Stock Portfolio
Avondale Wealth Management Performance:
2024 Q3: 3.06%YTD: 1.26%2023: 15.05%
Performance for 2024 Q3 is 3.06%, and YTD is 1.26%, and 2023 is 15.05%.
About Avondale Wealth Management and 13F Hedge Fund Stock Holdings
Avondale Wealth Management is a hedge fund based in AUSTIN, TX. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $217 Millions. In it's latest 13F Holdings report, Avondale Wealth Management reported an equity portfolio of $153.9 Millions as of 30 Sep, 2024.
The top stock holdings of Avondale Wealth Management are IJR, IJR, QQQ. The fund has invested 21.6% of it's portfolio in ISHARES S&P 500 INDEX and 10.5% of portfolio in ISHARES CORE S&P MID CAP ETF.
The fund managers got completely rid off AMERICAN AIRLS GROUP INC COM (AAL), KELLANOVA COM (K) and HESS CORP COM (HES) stocks. They significantly reduced their stock positions in DUTCH BROS INC CL A (BROS), ARK AUTONOMOUS TECHNOLOGY & ROBOTICS ETF (ARKF) and VANGUARD CONSUMER STAPLES ETF (VAW). Avondale Wealth Management opened new stock positions in PERMIAN BASIN RTY TR UNIT BEN INT (PBT), LULULEMON ATHLETICA INC (LULU) and WP CAREY INC COM (WPC). The fund showed a lot of confidence in some stocks as they added substantially to MICROSTRATEGY INC CL A NEW (MSTR), ISHARES SEMICONDUCTOR ETF (IJR) and DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES (BRZU).
The top stock holdings of Avondale Wealth Management are IJR, IJR, QQQ. The fund has invested 21.6% of it's portfolio in ISHARES S&P 500 INDEX and 10.5% of portfolio in ISHARES CORE S&P MID CAP ETF.
The fund managers got completely rid off AMERICAN AIRLS GROUP INC COM (AAL), KELLANOVA COM (K) and HESS CORP COM (HES) stocks. They significantly reduced their stock positions in DUTCH BROS INC CL A (BROS), ARK AUTONOMOUS TECHNOLOGY & ROBOTICS ETF (ARKF) and VANGUARD CONSUMER STAPLES ETF (VAW). Avondale Wealth Management opened new stock positions in PERMIAN BASIN RTY TR UNIT BEN INT (PBT), LULULEMON ATHLETICA INC (LULU) and WP CAREY INC COM (WPC). The fund showed a lot of confidence in some stocks as they added substantially to MICROSTRATEGY INC CL A NEW (MSTR), ISHARES SEMICONDUCTOR ETF (IJR) and DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES (BRZU).
Avondale Wealth Management Annual Return Estimates Vs S&P 500
Our best estimate is that Avondale Wealth Management made a return of 3.06% in the last quarter. In trailing 12 months, it's portfolio return was 8.64%.
New Buys
| Ticker | $ Bought |
|---|---|
| permian basin rty tr unit ben int | 112,955 |
| lululemon athletica inc | 67,838 |
| wp carey inc com | 62,300 |
| oracle corporation | 51,120 |
| grayscale bitcoin mini trust (btc) | 3,519 |
New stocks bought by Avondale Wealth Management
Additions
| Ticker | % Inc. |
|---|---|
| microstrategy inc cl a new | 900 |
| ishares semiconductor etf | 181 |
| direxion daily s&p oil & gas exp. & prod. bull 2x shares | 150 |
| ishares core s&p small cap etf | 113 |
| alpha architect 1-3 month box etf | 60.00 |
| dimensional us small cap value etf | 34.04 |
| advanced micro devices inc com | 22.19 |
| ishares u.s. aerospace & defense etf | 21.09 |
Additions to existing portfolio by Avondale Wealth Management
Reductions
| Ticker | % Reduced |
|---|---|
| dutch bros inc cl a | -65.22 |
| ark autonomous technology & robotics etf | -59.66 |
| vanguard consumer staples etf | -59.41 |
| southwest airls co com | -56.52 |
| netflix inc com | -54.55 |
| disney walt co com | -53.8 |
| trump media & technology group com | -52.94 |
| ishares u.s. industrials etf | -50.00 |
Avondale Wealth Management reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| american airls group inc com | -501,353 |
| kellanova com | -115,360 |
| huntington bancshares inc com | -22,406 |
| invesco ltd shs | -15,708 |
| dow inc com | -53,050 |
| kennametal inc com | -16,478 |
| ternium sa sponsored ads | -24,408 |
| hess corp com | -66,384 |
Avondale Wealth Management got rid off the above stocks
Sector Distribution
Avondale Wealth Management has about 85.1% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 85.1 |
| Technology | 6.5 |
| Consumer Cyclical | 3.6 |
Market Cap. Distribution
Avondale Wealth Management has about 12.8% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 85.1 |
| MEGA-CAP | 8.4 |
| LARGE-CAP | 4.4 |
| SMALL-CAP | 1.1 |
Stocks belong to which Index?
About 11.9% of the stocks held by Avondale Wealth Management either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 88.1 |
| S&P 500 | 10.5 |
| RUSSELL 2000 | 1.4 |
Avondale Wealth Management Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Avondale Wealth Management
Avondale Wealth Management has 113 stocks in it's portfolio. About 76% of the portfolio is in top 10 stocks. SCHW proved to be the most loss making stock for the portfolio. IJR was the most profitable stock for Avondale Wealth Management last quarter.
Last Reported on: 10 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAL | american airls group inc com | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AAPL | apple inc | 2.21 | 14,578 | 3,396,670 | added | 3.19 | ||
| AAXJ | ishares u.s. aerospace & defense etf | 0.38 | 3,875 | 579,855 | added | 21.09 | ||
| AAXJ | ishares global clean energy etf | 0.01 | 1,200 | 17,628 | unchanged | 0.00 | ||
| AFK | vaneck gold miners etf | 0.05 | 1,935 | 77,052 | unchanged | 0.00 | ||
| AFK | vaneck junior gold miners etf | 0.00 | 39.00 | 1,927 | unchanged | 0.00 | ||
| AFTY | pacer us small cap cash cows 100 etf | 7.15 | 236,528 | 11,003,300 | added | 1.15 | ||
| AFTY | pacer lunt large cap alternator etf | 0.00 | 1.00 | 36.00 | unchanged | 0.00 | ||
| AGNG | global x u.s. infrastructure development etf | 0.22 | 8,158 | 335,783 | unchanged | 0.00 | ||
| AGNG | global x robotics & artificial intelligence etf | 0.02 | 815 | 26,202 | unchanged | 0.00 | ||
| AMAT | applied matls inc com | 0.09 | 657 | 132,665 | unchanged | 0.00 | ||
| AMD | advanced micro devices inc com | 1.25 | 11,700 | 1,919,740 | added | 22.19 | ||
| AMLX | amplify online retail etf | 0.04 | 1,038 | 63,318 | reduced | -0.19 | ||
| AMPS | ishares u.s. treasury bond etf | 1.04 | 68,352 | 1,602,850 | reduced | -11.95 | ||
| AMZN | amazon.com inc | 0.95 | 7,840 | 1,460,830 | added | 3.98 | ||
| ARKF | ark autonomous technology & robotics etf | 0.03 | 620 | 37,770 | reduced | -59.66 | ||
| ARKF | ark innovation etf | 0.02 | 676 | 32,130 | unchanged | 0.00 | ||
| ARKF | ark next generation internet etf | 0.02 | 286 | 24,347 | unchanged | 0.00 | ||
| ARKF | ark fintech innovation etf | 0.01 | 430 | 12,823 | unchanged | 0.00 | ||
| AZO | autozone inc com | 0.17 | 85.00 | 267,753 | reduced | -49.1 | ||