Latest Innova Wealth Partners Stock Portfolio
Innova Wealth Partners Performance:
2024 Q3: -22.63%YTD: -18.07%2023: 4.89%
Performance for 2024 Q3 is -22.63%, and YTD is -18.07%, and 2023 is 4.89%.
About Innova Wealth Partners and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Innova Wealth Partners reported an equity portfolio of $121.5 Millions as of 30 Sep, 2024.
The top stock holdings of Innova Wealth Partners are IAU, IJR, NVDA. The fund has invested 10.6% of it's portfolio in ISHARES GOLD TR and 8.4% of portfolio in ISHARES TR.
The fund managers got completely rid off SPDR S&P 500 ETF TR (SPY), ISHARES TR (IJR) and LITMAN GREGORY FDS TR (DBEH) stocks. They significantly reduced their stock positions in SELECT SECTOR SPDR TR (XLB), APPLE INC (AAPL) and ABBVIE INC (ABBV). Innova Wealth Partners opened new stock positions in ISHARES GOLD TR (IAU), ISHARES TR (AAXJ) and VANECK ETF TRUST (AFK). The fund showed a lot of confidence in some stocks as they added substantially to NVIDIA CORPORATION (NVDA), ISHARES TR (IJR) and COSTCO WHSL CORP NEW (COST).
The top stock holdings of Innova Wealth Partners are IAU, IJR, NVDA. The fund has invested 10.6% of it's portfolio in ISHARES GOLD TR and 8.4% of portfolio in ISHARES TR.
The fund managers got completely rid off SPDR S&P 500 ETF TR (SPY), ISHARES TR (IJR) and LITMAN GREGORY FDS TR (DBEH) stocks. They significantly reduced their stock positions in SELECT SECTOR SPDR TR (XLB), APPLE INC (AAPL) and ABBVIE INC (ABBV). Innova Wealth Partners opened new stock positions in ISHARES GOLD TR (IAU), ISHARES TR (AAXJ) and VANECK ETF TRUST (AFK). The fund showed a lot of confidence in some stocks as they added substantially to NVIDIA CORPORATION (NVDA), ISHARES TR (IJR) and COSTCO WHSL CORP NEW (COST).
Innova Wealth Partners Annual Return Estimates Vs S&P 500
Our best estimate is that Innova Wealth Partners made a return of -22.63% in the last quarter. In trailing 12 months, it's portfolio return was -14.19%.
New Buys
| Ticker | $ Bought |
|---|---|
| ishares gold tr | 12,849,900 |
| ishares tr | 6,071,880 |
| ishares tr | 5,366,240 |
| vaneck etf trust | 5,252,980 |
| proshares tr | 4,205,140 |
| ishares tr | 3,855,870 |
| vanguard scottsdale fds | 3,150,130 |
| arista networks inc | 2,728,960 |
New stocks bought by Innova Wealth Partners
Additions
| Ticker | % Inc. |
|---|---|
| nvidia corporation | 1,334 |
| ishares tr | 968 |
| costco whsl corp new | 436 |
| meta platforms inc | 173 |
| amazon com inc | 37.47 |
| qualcomm inc | 28.83 |
Additions to existing portfolio by Innova Wealth Partners
Reductions
| Ticker | % Reduced |
|---|---|
| select sector spdr tr | -95.41 |
| select sector spdr tr | -95.38 |
| select sector spdr tr | -95.38 |
| select sector spdr tr | -95.18 |
| select sector spdr tr | -95.01 |
| select sector spdr tr | -93.08 |
| select sector spdr tr | -92.95 |
| apple inc | -75.54 |
Innova Wealth Partners reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| litman gregory fds tr | -6,722,350 |
| tidal tr ii | -2,999,850 |
| tidal tr ii | -1,746,460 |
| ishares tr | -7,210,590 |
| select sector spdr tr | -4,903,970 |
| vs trust | -3,385,670 |
| ishares tr | -6,097,260 |
| strategy shs | -1,734,580 |
Innova Wealth Partners got rid off the above stocks
Sector Distribution
Innova Wealth Partners has about 71.7% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 71.7 |
| Technology | 17.6 |
| Industrials | 2.9 |
| Utilities | 2.6 |
| Consumer Cyclical | 2.2 |
| Communication Services | 1.6 |
Market Cap. Distribution
Innova Wealth Partners has about 23% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 71 |
| MEGA-CAP | 13.4 |
| LARGE-CAP | 9.6 |
| MID-CAP | 3.4 |
| SMALL-CAP | 2.6 |
Stocks belong to which Index?
About 26.4% of the stocks held by Innova Wealth Partners either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 73.6 |
| S&P 500 | 18.2 |
| RUSSELL 2000 | 8.2 |
Innova Wealth Partners Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Innova Wealth Partners
Innova Wealth Partners has 85 stocks in it's portfolio. About 51.2% of the portfolio is in top 10 stocks. SMCI proved to be the most loss making stock for the portfolio. IJR was the most profitable stock for Innova Wealth Partners last quarter.
Last Reported on: 30 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 0.48 | 2,503 | 583,212 | reduced | -75.54 | ||
| AAXJ | ishares tr | 5.00 | 47,772 | 6,071,880 | new | |||
| AAXJ | ishares tr | 4.42 | 44,887 | 5,366,240 | new | |||
| AAXJ | ishares tr | 0.72 | 15,293 | 879,806 | new | |||
| AAXJ | ishares tr | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AAXJ | ishares tr | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ABBV | abbvie inc | 0.24 | 1,506 | 297,418 | reduced | -68.1 | ||
| ABT | abbott labs | 0.17 | 1,841 | 209,878 | new | |||
| AFK | vaneck etf trust | 4.32 | 21,401 | 5,252,980 | new | |||
| AFK | vaneck etf trust | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AFLG | first tr exchng traded fd vi | 0.24 | 13,324 | 287,597 | new | |||
| AFLG | first tr exchng traded fd vi | 0.20 | 7,075 | 238,711 | new | |||
| AFLG | first tr exchng traded fd vi | 0.19 | 7,017 | 236,017 | new | |||
| AFLG | first tr exchng traded fd vi | 0.19 | 6,935 | 234,898 | new | |||
| ALKT | alkami technology inc | 1.84 | 71,005 | 2,239,500 | new | |||
| AMD | advanced micro devices inc | 0.42 | 3,106 | 509,632 | new | |||
| AMPS | ishares tr | 1.79 | 89,850 | 2,177,950 | new | |||
| AMZN | amazon com inc | 0.63 | 4,120 | 767,680 | added | 37.47 | ||
| ANET | arista networks inc | 2.25 | 7,110 | 2,728,960 | new | |||
| ANEW | proshares tr | 3.46 | 203,836 | 4,205,140 | new | |||