Managers / Q1 2019 · view latest →
Cordasco Financial Network
CIK 0001594061 · 405 FIFTH AVE. SOUTH, SECOND FLOOR, NAPLES, FL, 34102 · 215-558-3500
Summary
Cordasco Financial Network reported $99M in U.S.-listed holdings across 468 positions for Q1 2019.
The portfolio is heavily concentrated: Ishares Tr alone accounts for 33.2% of reported value.
Compared with Q4 2018, the fund opened 77 new positions and exited 8.
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 · 60.0% · $60M
- Common Stock · 31.0% · $31M
- REIT · 3.2% · $3M
- Other · 3.0% · $3M
- ADR · 1.2% · $1M
- Other · 1.6% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2018 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ARESARES MANAGEMENT CORPORATION | NEW | +3.0K | 3.0K | +$70,000 | $70,000 |
| BXUSDBLACKSTONE GROUP L P | NEW | +1.7K | 1.7K | +$58,000 | $58,000 |
| NOWSERVICENOW INC | NEW | +215 | 215 | +$53,000 | $53,000 |
| CRMSALESFORCE COM INC | NEW | +334 | 334 | +$53,000 | $53,000 |
| INVESCO EXCHANGE TRADED FD T | NEW | +1.0K | 1.0K | +$51,000 | $51,000 |
| SVVCFIRSTHAND TECH VALUE FD INC | NEW | +3.1K | 3.1K | +$41,000 | $41,000 |
| CARLYLE GROUP L P | NEW | +2.2K | 2.2K | +$41,000 | $41,000 |
| OAKTREE CAP GROUP LLC | NEW | +698 | 698 | +$35,000 | $35,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2019
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ISHARES TR | RUS 1000 ETF · RUSSELL 2000 ETF · RUSSELL 3000 ETF · CORE US AGGBD ET · CORE TOTAL USD · CORE MSCI EAFE · MSCI EAFE ETF · NATIONAL MUN ETF · CRE U S REIT ETF | 52.75% | $52M | 369.5K |
| 2 | BBTUSDBB&T CORPhistory → | COM | 4.25% | $4M | 90.7K |
| 3 | LMTLOCKHEED MARTIN CORPhistory → | COM | 3.01% | $3M | 9.9K |
| 4 | MRKMERCK & CO INChistory → | COM | 2.03% | $2M | 24.3K |
| 5 | MCHPMICROCHIP TECHNOLOGY INChistory → | COM | 1.98% | $2M | 23.7K |
| 6 | LIBERTY PPTY TR | SH BEN INT | 1.95% | $2M | 40.0K |
| 7 | MOALTRIA GROUP INChistory → | COM | 1.87% | $2M | 32.2K |
| 8 | APDAIR PRODS & CHEMS INChistory → | COM | 1.30% | $1M | 6.7K |
| 9 | JNJJOHNSON & JOHNSONhistory → | COM | 1.26% | $1M | 8.9K |
| 10 | VUGVANGUARD INDEX FDS | GROWTH ETF · VALUE ETF | 1.17% | $1M | 9.0K |
| 11 | AEPAMERICAN ELEC PWR CO INChistory → | COM | 1.13% | $1M | 13.3K |
| 12 | BACVERIZON COMMUNICATIONS INC | COM | 0.95% | $948,000 | 16.0K |
| 13 | EXPOEXPONENT INC | COM | 0.84% | $834,000 | 14.4K |
| 14 | FQIDIGITAL RLTY TR INC | COM | 0.81% | $808,000 | 6.8K |
| 15 | AQUA AMERICA INC | COM | 0.65% | $644,000 | 17.7K |
| 16 | SPDR S&P 500 ETF TR | TR UNIT | 0.65% | $643,000 | 2.3K |
| 17 | DOWDUPONT INC | COM | 0.63% | $626,000 | 11.7K |
| 18 | BANK AMER CORP | 7.25%CNV PFD L | 0.62% | $612,000 | 470 |
| 19 | EATON CORP PLC | SHS | 0.55% | $543,000 | 6.7K |
| 20 | BCEBCE INC | COM NEW | 0.54% | $539,000 | 12.1K |
| 21 | MSFTMICROSOFT CORP | COM | 0.52% | $514,000 | 4.4K |
| 22 | LLYLILLY ELI & CO | COM | 0.50% | $493,000 | 3.8K |
| 23 | AAPLAPPLE INC | COM | 0.47% | $469,000 | 2.5K |
| 24 | INVESCO EXCHANGE TRADED FD T | S&P500 PUR GWT | 0.42% | $415,000 | 3.6K |
| 25 | PPLPPL CORP | COM | 0.41% | $412,000 | 13.0K |
| 26 | IDIINTERDIGITAL INC | COM | 0.40% | $402,000 | 6.1K |
| 27 | DUKDUKE ENERGY CORP NEW | COM NEW | 0.40% | $401,000 | 4.5K |
| 28 | DEDEERE & CO | COM | 0.38% | $376,000 | 2.4K |
| 29 | AMLPUSDALPS ETF TR | ALERIAN MLP | 0.37% | $366,000 | 36.5K |
| 30 | INTCINTEL CORP | COM | 0.35% | $349,000 | 6.5K |
| 31 | TAT&T INC | COM | 0.33% | $332,000 | 10.6K |
| 32 | EXMOCEXXON MOBIL CORP | COM | 0.32% | $318,000 | 3.9K |
| 33 | COMPANHIA DE SANEAMENTO BASI | SPONSORED ADR | 0.32% | $317,000 | 30.0K |
| 34 | CMICUMMINS INC | COM | 0.30% | $300,000 | 1.9K |
| 35 | ABTABBOTT LABS | COM | 0.30% | $298,000 | 3.7K |
| 36 | FFIVF5 NETWORKS INC | COM | 0.30% | $295,000 | 1.9K |
| 37 | DISDISNEY WALT CO | COM DISNEY | 0.29% | $292,000 | 2.6K |
| 38 | ISRGINTUITIVE SURGICAL INC | COM NEW | 0.28% | $274,000 | 480 |
| 39 | VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 0.25% | $249,000 | 5.9K |
| 40 | WELLS FARGO CO NEW | PERP PFD CNV A | 0.24% | $239,000 | 185 |
| 41 | A4SAMERIPRISE FINL INC | COM | 0.23% | $231,000 | 1.8K |
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 ↗.