Essex is based out of Deer Park. Essex is a large advisory firm with 556 clients and discretionary assets under management (AUM) of $448,124,669 (Form ADV from 2024-02-05). Their last reported 13F filing for Q4 2023 included $401,933,965 in managed 13F securities
and a top 10 holdings concentration of 41.93%. Essex's largest holding is VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND-ETF Shares with shares held of 450,985. Whalewisdom has at least 12 13F filings
2023-12-31
Top Buys (13F)
Name | % Change |
---|---|
XLK The Technology Selec | 1.13% |
SCHM Schwab U.S. Mid-Cap | 0.99% |
SCHI Schwab 5-10 Year Cor | 0.58% |
SCHJ Schwab 1-5 Year Corp | 0.52% |
SCHF Schwab International | 0.5% |
2023-12-31
Top Sells (13F)
Name | % Change |
---|---|
DTEC ALPS Disruptive Tech | 0.33% |
JPST JPMorgan Ultra-Short | 0.27% |
IYW iShares U.S. Technol | 0.19% |
EXC Exelon Corp | 0.18% |
BUG Global X Cybersecuri | 0.18% |
2023-12-31
13F Holdings Summary
Name | $ Change |
---|---|
VCSH VANGUARD SHORT-TERM | 8.68% |
SJNK SPDR Bloomberg Short | 6.08% |
VCIT VANGUARD INTERMEDIAT | 5.01% |
XLK The Technology Selec | 4.36% |
FPEI First Trust Institut | 3.98% |
2023-12-31
13F Activity
Market Value | $402m, Prior: $356m |
New Purchases | 6 stocks |
Added To | 64 stocks |
Sold out of | 17 stocks |
Reduced holdings in | 67 stocks |
Top 10 Holdings % | 41.93% |
Turnover %[1] | 15.44% |
Turnover Alt %[2] | 4.25% |
Time Held Top 20 | 6.5 quarters |
Time Held Top 10 | 5 quarters |
Time Held All | 7.82 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.
2023-12-31
13F Sector Allocation Over Time
2023-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-12-31