Equal-WT
WhaleScore 2.0
?
Socha Financial Group is based out of Corning. Socha Financial Group is a large advisory firm with 754 clients and discretionary assets under management (AUM) of $354,290,207 (Form ADV from 2024-11-20). Their last reported 13F filing for Q4 2024 included $213,288,470 in managed 13F securities
and a top 10 holdings concentration of 97.15%. Socha Financial Group's largest holding is Schwab U.S. Broad Market ETF with shares held of 3,100,980. Whalewisdom has at least 13 13F filings
Business Description
The advisory business tailors its services to individual client needs, starting with an evaluation of their investment objectives, time horizon, risk tolerance, and any restrictions they may have. This information is used to develop an investment policy statement and asset allocation strategy, which are documented and reviewed regularly. The firm provides ongoing supervision of accounts, ensuring investments align with the policy statement and conducting quarterly reviews to assess performance and adjust the allocation as needed.
The advisory business also offers tax preparation services and engages in a comprehensive portfolio management process. This process involves evaluating a client's specific needs, formulating investment objectives, and structuring the investment portfolio accordingly. The firm emphasizes transparency and communication, providing quarterly performance reports with commentary on the macroeconomic outlook and encouraging clients to proactively contact them with any changes in their circumstances or questions.
Investment Strategy
The investment process begins with a detailed analysis of each client's financial and investment needs, including risk tolerance, investment time horizon, cash flow needs, and tax considerations. Based on this analysis, investment objectives are formulated and the investment portfolio is structured to achieve those goals at an acceptable level of risk. Asset allocation is a key factor in determining the risk/reward and overall portfolio performance.
After identifying investment opportunities with favorable risk/reward characteristics, analytical optimization tools, judgement, and experience are used to create a combination of risk/reward characteristics for the overall portfolio. This process aims to create portfolios that are resilient to market selloffs while still achieving good market participation during strong equity markets. The firm also considers factors like historical performance data, manager track record, downside risk, relative performance, and other performance characteristics when selecting investments. They strive to select investments that complement other positions in the portfolio, aiming to improve the overall risk-reward characteristics.
Owners
- SOCHA, MICHAEL, ERIC - MEMBER
- McCarthy, JOLIE - MEMBER
- Vang, Michelle, Socha - CHIEF COMPLIANCE OFFICER, MEMBER Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
(Subscription Required)
Other Contact Information
(Subscription Required)
2024-12-31
Top Buys (13F)
| Name | % Change |
|---|---|
| FFLC Fidelity Fundamental | 22.32% |
| XLK The Technology Selec | 7.12% |
| QQQ Invesco QQQ Trust, S | 3.37% |
| SCHB Schwab U.S. Broad Ma | 3.2% |
| NEAR iShares Short Durati | 0.44% |
2024-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| CAPE DoubleLine Shiller C | 20.56% |
| JEPQ JPMorgan Nasdaq Equi | 7.84% |
| COWZ Pacer US Cash Cows 1 | 7.11% |
| RSPH Invesco S&P 500 Equa | 0.61% |
| FMNY First Trust New York | 0.34% |
2024-12-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| SCHB Schwab U.S. Broad Ma | 33% |
| QQQ Invesco QQQ Trust, S | 22.78% |
| FFLC Fidelity Fundamental | 22.32% |
| XLK The Technology Selec | 7.12% |
| CAPE DoubleLine Shiller C | 3.21% |
2024-12-31
13F Activity
| Market Value | $213m, Prior: $230m |
| Inflows (Outflows) as % of Total MV | (-10.2787)% |
| New Purchases | 5 stocks |
| Added To | 11 stocks |
| Sold out of | 3 stocks |
| Reduced holdings in | 6 stocks |
| Top 10 Holdings % | 97.15% |
| Turnover %[1] | 28.57% |
| Turnover Alt %[2] | 41.14% |
| Time Held Top 20 | 5.95 quarters |
| Time Held Top 10 | 7.4 quarters |
| Time Held All | 6.64 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.
2024-12-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31