CMG Global Holdings is based out of Plano. CMG Global Holdings is a large advisory firm with 293 clients and discretionary assets under management (AUM) of $298,143,919 (Form ADV from 2024-03-07). Their last reported 13F filing for Q2 2024 included $151,219,941 in managed 13F securities
and a top 10 holdings concentration of 44.2%. CMG Global Holdings's largest holding is VANGUARD TOTAL BOND MARKET INDEX FUND-ETF Shares with shares held of 198,344. Whalewisdom has at least 14 13F filings
Business Description
Purshe Kaplan Sterling Investments is an investment advisory firm that provides financial planning advice to clients. The firm's registered representatives, Stephen Engels and James Pacholek, are licensed to sell securities and may earn commissions for the sale of general securities products such as stocks, bonds, mutual funds, exchange-traded funds, and variable annuities. Clients can choose to purchase these products through a commission-based account introduced through the firm's unaffiliated broker-dealer, in addition to an investment advisory account.
The firm also provides asset management services and sends quarterly statements to clients detailing their account balances and investments. The firm does not pay or receive compensation for referring clients to third parties. Some of the firm's associated persons are also licensed insurance agents and may recommend insurance products, creating a potential conflict of interest. However, clients are under no obligation to act upon these recommendations and can choose to purchase insurance products from other agents not affiliated with the firm.
Investment Strategy
The document outlines two primary investment strategies: long-term and short-term. A long-term strategy prioritizes sustained growth over time, potentially sacrificing short-term gains and experiencing greater volatility. Conversely, a short-term strategy aims for quicker returns but carries higher trading costs and risks associated with market fluctuations.
The document also mentions two methods of analysis: technical analysis and modern portfolio theory. Technical analysis relies on historical market data, such as price and volume, to identify patterns and predict future market behavior. Modern portfolio theory, on the other hand, focuses on constructing portfolios that maximize expected returns for a given level of risk, emphasizing the inherent relationship between risk and reward.
Owners
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2024-06-30
Top Buys (13F)
| Name | % Change |
|---|---|
| FBND Fidelity Total Bond | 0.83% |
| GEV GE Vernova Inc. | 0.82% |
| BA Boeing Company | 0.47% |
| BND VANGUARD TOTAL BOND | 0.25% |
| NVDA NVIDIA Corp. | 0.24% |
2024-06-30
Top Sells (13F)
| Name | % Change |
|---|---|
| GE General Electric Co | 0.53% |
| CVX Chevron Corp. (Stand | 0.2% |
| MU Micron Technology, I | 0.18% |
| VZ Verizon Communicatio | 0.16% |
| BMY Bristol-Myers Squibb | 0.16% |
2024-06-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| BND VANGUARD TOTAL BOND | 9.45% |
| FBND Fidelity Total Bond | 6.01% |
| SPY SPDR S&P 500 ETF TRU | 4.77% |
| AAPL Apple Inc | 4.44% |
| QQQ Invesco QQQ Trust, S | 4.32% |
2024-06-30
13F Activity
| Market Value | $151m, Prior: $146m |
| Inflows (Outflows) as % of Total MV | +1.6242% |
| New Purchases | 3 stocks |
| Added To | 28 stocks |
| Sold out of | 3 stocks |
| Reduced holdings in | 32 stocks |
| Top 10 Holdings % | 44.2% |
| Turnover %[1] | 6.32% |
| Turnover Alt %[2] | 1.54% |
| Time Held Top 20 | 8.7 quarters |
| Time Held Top 10 | 9.6 quarters |
| Time Held All | 10.49 quarters |
[1]: 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.
[2]: 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.
2024-06-30
13F Sector Allocation Over Time
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2024-06-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-06-30