Marmo Financial Group is based out of Johnson City. Marmo Financial Group is a large advisory firm with 987 clients and discretionary assets under management (AUM) of $198,859,879 (Form ADV from 2023-09-13). Their last reported 13F filing for Q4 2023 included $131,729,947 in managed 13F securities
and a top 10 holdings concentration of 96.5%. Marmo Financial Group's largest holding is SPDR S&P 500 ETF TRUST with shares held of 82,889. Whalewisdom has at least 5 13F filings
2023-12-31
Top Buys (13F)
| Name | % Change |
|---|---|
| QQQM Invesco NASDAQ 100 E | 12.57% |
| AAPL Apple Inc | 0.16% |
| MSFT Microsoft Corp. | -0.01% |
2023-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| SPY SPDR S&P 500 ETF TRU | 4.49% |
| IMCG iShares Morningstar | 1.32% |
| MGV VANGUARD MEGA CAP VA | 1.22% |
| QQQ Invesco QQQ Trust, S | 1.21% |
| SPSM SPDR Portfolio S&P 6 | 1.15% |
2023-12-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| SPY SPDR S&P 500 ETF TRU | 29.9% |
| QQQM Invesco NASDAQ 100 E | 12.57% |
| IMCG iShares Morningstar | 9.75% |
| SPSM SPDR Portfolio S&P 6 | 9.73% |
| QQQ Invesco QQQ Trust, S | 8.72% |
2023-12-31
13F Activity
| Market Value | $132m, Prior: $105m |
| New Purchases | 2 stocks |
| Added To | 1 stocks |
| Sold out of | 0 stocks |
| Reduced holdings in | 11 stocks |
| Top 10 Holdings % | 96.5% |
| Turnover %[1] | 10.53% |
| Turnover Alt %[2] | 1.95% |
| Time Held Top 20 | 3.1579 quarters |
| Time Held Top 10 | 3.2 quarters |
| Time Held All | 3.26 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