Managers / Q2 2022
Cordasco Financial Network
CIK 0001594061 · 405 FIFTH AVE. SOUTH, SECOND FLOOR, NAPLES, FL, 34102 · 215-558-3500
Summary
Cordasco Financial Network reported $138M in U.S.-listed holdings across 604 positions for Q2 2022.
The portfolio is heavily concentrated: Ishares Tr alone accounts for 31.1% of reported value.
Compared with Q1 2022, the fund opened 68 new positions and exited 20.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ETP · 54.5% · $75M
- Common Stock · 36.7% · $51M
- REIT · 5.6% · $8M
- Other · 1.1% · $2M
- ADR · 0.8% · $1M
- Other · 1.3% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| BK OF AMERICA CORP | NEW | +505 | 505 | +$608,000 | $608,000 |
| WELLS FARGO CO NEW | NEW | +185 | 185 | +$225,000 | $225,000 |
| CLXCLOROX CO DEL | NEW | +1.5K | 1.5K | +$215,000 | $215,000 |
| GENERAL ELECTRIC CO | NEW | +1.6K | 1.6K | +$104,000 | $104,000 |
| SHELSHELL PLC | NEW | +1.8K | 1.8K | +$96,000 | $96,000 |
| TROWPRICE T ROWE GROUP INC | NEW | +800 | 800 | +$91,000 | $91,000 |
| RIVNRIVIAN AUTOMOTIVE INC | NEW | +3.3K | 3.3K | +$84,000 | $84,000 |
| OGNORGANON & CO | NEW | +2.3K | 2.3K | +$79,000 | $79,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ISHARES TR | RUS 1000 ETF · RUSSELL 2000 ETF · RUSSELL 3000 ETF · CORE US AGGBD ET · CRE U S REIT ETF · MSCI EAFE ETF · CORE TOTAL USD · CORE MSCI EAFE · MSCI EMG MKT ETF | 48.17% | $67M | 389.6K |
| 2 | PLDPROLOGIS INC.history → | COM | 4.69% | $6M | 55.0K |
| 3 | LMTLOCKHEED MARTIN CORPhistory → | COM | 3.21% | $4M | 10.3K |
| 4 | AAPLAPPLE INChistory → | COM | 1.97% | $3M | 19.9K |
| 5 | MCHPMICROCHIP TECHNOLOGY INC.history → | COM | 1.82% | $3M | 43.2K |
| 6 | TFCTRUIST FINL CORPhistory → | COM | 1.72% | $2M | 49.9K |
| 7 | MRKMERCK & CO INChistory → | COM | 1.67% | $2M | 25.3K |
| 8 | MOALTRIA GROUP INChistory → | COM | 1.05% | $1M | 34.7K |
| 9 | BTUPEABODY ENGR CORPhistory → | COM | 1.01% | $1M | 65.2K |
| 10 | MSFTMICROSOFT CORP | COM | 1.00% | $1M | 5.4K |
| 11 | BACVERIZON COMMUNICATIONS INC | COM | 0.95% | $1M | 25.8K |
| 12 | JNJJOHNSON & JOHNSON | COM | 0.93% | $1M | 7.3K |
| 13 | AEPAMERICAN ELEC PWR CO INC | COM | 0.81% | $1M | 11.6K |
| 14 | APDAIR PRODS & CHEMS INC | COM | 0.79% | $1M | 4.5K |
| 15 | ABBVABBVIE INC | COM | 0.70% | $963,000 | 6.3K |
| 16 | DUKDUKE ENERGY CORP NEW | COM NEW | 0.65% | $891,000 | 8.3K |
| 17 | EATON CORP PLC | SHS | 0.61% | $844,000 | 6.7K |
| 18 | FQIDIGITAL RLTY TR INC | COM | 0.60% | $835,000 | 6.4K |
| 19 | VTVVANGUARD INDEX FDS | VALUE ETF · GROWTH ETF | 0.58% | $796,000 | 4.9K |
| 20 | WTRGESSENTIAL UTILS INC | COM | 0.56% | $773,000 | 16.9K |
| 21 | BCEBCE INC | COM NEW | 0.54% | $745,000 | 15.1K |
| 22 | CATCATERPILLAR INC | COM | 0.52% | $721,000 | 4.0K |
| 23 | CVSCVS HEALTH CORP | COM | 0.46% | $637,000 | 6.9K |
| 24 | TAT&T INC | COM | 0.46% | $631,000 | 30.1K |
| 25 | CHVCHEVRON CORP NEW | COM | 0.45% | $624,000 | 4.3K |
| 26 | BK OF AMERICA CORP | 7.25pcnt CNV PFD L | 0.44% | $608,000 | 505 |
| 27 | EXPOEXPONENT INC | COM | 0.44% | $606,000 | 6.6K |
| 28 | GOOGALPHABET INC | CAP STK CL C | 0.44% | $604,000 | 276 |
| 29 | IBMINTERNATIONAL BUSINESS MACHS | COM | 0.41% | $572,000 | 4.0K |
| 30 | LLYLILLY ELI & CO | COM | 0.38% | $528,000 | 1.6K |
| 31 | SPDR S&P 500 ETF TR | TR UNIT | 0.37% | $505,000 | 1.3K |
| 32 | INVESCO EXCHANGE TRADED FD T | S&P500 PUR GWT | 0.35% | $485,000 | 3.3K |
| 33 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.34% | $468,000 | 1.7K |
| 34 | ABTABBOTT LABS | COM | 0.33% | $454,000 | 4.2K |
| 35 | WMBWILLIAMS COS INC | COM | 0.32% | $446,000 | 14.3K |
| 36 | KLACKLA CORP | COM NEW | 0.30% | $417,000 | 1.3K |
| 37 | AZNNASTRAZENECA PLC | SPONSORED ADR | 0.30% | $408,000 | 6.2K |
| 38 | TWITITAN INTL INC ILL | COM | 0.28% | $388,000 | 25.7K |
| 39 | CSCOCISCO SYS INC | COM | 0.27% | $379,000 | 8.9K |
| 40 | SCHWAB STRATEGIC TR | US DIVIDEND EQ | 0.27% | $378,000 | 5.3K |
| 41 | EXMOCEXXON MOBIL CORP | COM | 0.26% | $365,000 | 4.3K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q2 2022 | $138M | 604 | Jul 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $155M | 560 | Apr 21, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $160M | 574 | Jan 24, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $147M | 571 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $144M | 564 | Jul 29, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $137M | 564 | Apr 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $127M | 526 | Jan 26, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $115M | 534 | Oct 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $109M | 507 | Jul 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $90M | 489 | Apr 24, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $112M | 462 | Jan 22, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $105M | 488 | Oct 17, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $103M | 463 | Jul 10, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $99M | 468 | Apr 10, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $88M | 400 | Jan 14, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.