13F Holdings Summary
|Market Value||$3.48t, Prior: $3.63t|
|New Purchases||174 stocks|
|Additional Purchases||2254 stocks|
|Sold out of||227 stocks|
|Reduced holdings in||2632 stocks|
|Top 10 Holdings %||22.09%|
|Turnover Alt %||1.59%|
|Time Held Top 20||20.35 quarters|
|Time Held Top 10||17.3 quarters|
|Time Held All||28.83 quarters|
: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
13F Sector Allocation Over Time
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-09-30