First Allied Advisory Services, Inc. 13F Holdings Overview (1181 Positions)

CIK: 0001512647

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$3.0B

Reporting period: 2020-09-30 · Number of holdings: 1181

First Allied Advisory Services, Inc. disclosed 1181 holdings in its latest 13F filing for the period ending 2020-09-30, with total reported value of $3.0B and a quarterly turnover rate of 22.9%.

Browse other institutions with $1B to $10B AUM Browse other institutions starting with "F"

Personality snowflake

Concentration: 3.21
Portfolio Stability: 22.93
Momentum/Contrarian: 96.83
Sector conviction: 60.52
Diversification: 100
Sizing Uniformity: 70.89

First Allied Advisory Services, Inc.'s disclosed holdings carry a Herfindahl concentration index of 0.008 — mathematically equivalent to about 124 equally-sized positions, well below its 1181 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes vary widely across the portfolio (a coefficient of variation of 2.91), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Sector classification currently covers about 29% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.

Recent moves

Add AAPL
+300.7%　$35.5M
Trim AGG
-23.5%　-$7.8M
Trim FVD
-29.3%　-$7.0M
Trim SHY
-15.3%　-$5.3M
Trim SCHO
-45.0%　-$6.8M
Add RSP
+309.8%　$7.7M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 200 holdings (of 1181 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	AAPL	Apple INC	Stock-Tech	5.57%	+0.75%	+300.67%
2	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	2.90%	—	-8.59%
3	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	1.78%	+1.78%	NEW
4	IJH	Ishares Core S&p Midcap ETF	ETF-Other	1.74%	—	-5.25%
5	AMZN	Amazon.com INC	Stock-Consumer Disc	1.66%	+0.13%	+4.71%
6	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	1.63%	+0.04%	+4.01%
7	MSFT	Microsoft CORP	Stock-Tech	1.61%	—	+0.56%
8	BND	Vanguard Total Bond Market	ETF-Other	1.29%	-0.22%	-5.68%
9	DGRO	Ishares Core Dividend Growth	ETF-Other	1.11%	-0.25%	-14.71%
10	VXUS	Vanguard Total Intl Stock	ETF-Other	1.08%	—	-3.90%
11	SHY	Ishares 1-3 Year Treasury Bo	ETF-Gov Bonds	0.97%	-0.29%	-15.29%
12	LQD	Ishr Ibx Usd Invgd Cb Etf-ui	ETF-Corp Bonds	0.96%	+0.14%	+28.57%
13	FTSM	First Trust Enh Short Mat Fd	ETF-Other	0.87%	—	+1.82%
14	USMV	Ishares Msci USA Min Vol Fac	ETF-Other	0.85%	—	-3.67%
15	AGG	Ishares Core U.s. Aggregate	ETF-Other	0.85%	-0.37%	-23.48%
16	ITOT	Ishares Core S&p Total U.s.	ETF-Other	0.83%	—	-0.94%
17	META	Meta Platforms Inc-class A	Stock-Comm Services	0.81%	+0.07%	+4.93%
18	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	0.78%	+0.03%	+5.02%
19	IEF	Ishares 7-10 Year Treasury B	ETF-Gov Bonds	0.77%	+0.10%	+27.64%
20	FTCS	First Trust Capital Strength	ETF-Other	0.69%	+0.69%	NEW
21	FVD	First Trust Value Line Dvd	ETF-Other	0.65%	-0.32%	-29.31%
22	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.64%	—	-2.53%
23	RDVY	First Trust Rising Dividend	ETF-Other	0.61%	—	+2.46%
24	IVW	Ishares S&p 500 Growth ETF	ETF-Large Cap & Growth	0.59%	—	-0.27%
25	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	0.59%	—	-11.51%
26	IEMG	Ishares Core Msci Emerging	ETF-Emerging Markets	0.55%	—	-0.95%
27	JPM	Jpmorgan Chase & Co	Stock-Financials	0.54%	—	+9.30%
28	QCOM	Qualcomm INC	Stock-Tech	0.54%	+0.08%	+0.90%
29	JNJ	Johnson & Johnson	Stock-Healthcare	0.53%	—	-1.96%
30	VCSH	Vanguard S/t CORP Bond ETF	ETF-Corp Bonds	0.50%	—	-10.76%
31	MUB	Ishares National Muni Bond E	ETF-Other	0.50%	—	+1.59%
32	LMBS	First Trust Low Duration Opp	ETF-Other	0.50%	—	-0.04%
33	BSV	Vanguard Short-term Bond ETF	ETF-Other	0.49%	—	-1.68%
34	VZ	Verizon Communications INC	Stock-Comm Services	0.49%	—	-4.52%
35	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	ETF-High Yield	0.49%	+0.16%	+58.53%
36	DIS	Walt Disney Co/the	Stock-Comm Services	0.47%	—	-0.75%
37	VTIP	Vanguard Short-term Tips	ETF-Other	0.46%	—	-8.05%
38	T	At&t INC	Stock-Comm Services	0.45%	—	+0.60%
39	IJR	Ishares Core S&p Small-cap E	ETF-Small Cap	0.45%	—	+3.72%
40	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.45%	—	+7.74%
41	WMT	Walmart INC	Stock-Consumer Staples	0.43%	—	-5.62%
42	FDN	First Trust Dj Internet Ind	ETF-Other	0.43%	+0.43%	NEW
43	NVDA	Nvidia CORP	Stock-Tech	0.43%	+0.09%	-1.28%
44	DGRW	Wisdomtree U.s. Quality Divi	ETF-Other	0.42%	—	-0.36%
45	VEA	Vanguard Ftse Developed ETF	ETF-Other	0.42%	—	+2.03%
46	NFLX	Netflix INC	Stock-Comm Services	0.41%	—	-0.06%
47	ESGU	Ishares Esg Aware Msci USA	ETF-Other	0.41%	—	+6.98%
48	VTWG	Vanguard Russell 2000 Growth	ETF-Small Cap	0.39%	—	-6.81%
49	BNDX	Vanguard Total Intl Bond ETF	ETF-Other	0.39%	—	-3.92%
50	FIXD	First Trust Smith Opportunis	ETF-Other	0.39%	+0.05%	+24.17%

1–50 of 200

Portfolio Performance

Not enough priced holdings yet to compute performance

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2020-09-30	1181	$3.0B	23	1AAPL 2VTI 3QQQ Top holdings2020-09-30 1.AAPL 2.VTI 3.QQQ 4.IJH 5.AMZN 6.IVV 7.MSFT 8.BND 9.DGRO 10.VXUS
2020-06-30	1107	$2.7B	33	1AAPL 2VTI 3IJH Top holdings2020-06-30 1.AAPL 2.VTI 3.IJH 4.MSFT 5.IVV 6.AMZN 7.BND 8.DGRO 9.SHY 10.AGG
2020-03-31	1062	$2.3B	39	1AAPL 2VTI 3MSFT Top holdings2020-03-31 1.AAPL 2.VTI 3.MSFT 4.IVV 5.BND 6.IJH 7.SHY 8.QQQ 9.AGG 10.VXUS
2019-12-31	1206	$3.0B	20	1AAPL 2VTI 3IJH Top holdings2019-12-31 1.AAPL 2.VTI 3.IJH 4.IVV 5.ITOT 6.MSFT 7.VXUS 8.DGRO 9.BND 10.QQQ
2019-09-30	1634	$2.8B	21	1VTI 2AAPL 3IJH Top holdings2019-09-30 1.VTI 2.AAPL 3.IJH 4.IVV 5.ITOT 6.MSFT 7.QQQ 8.VXUS 9.AGG 10.BND
2019-06-30	1200	$2.9B	20	1VTI 2AAPL 3IJH Top holdings2019-06-30 1.VTI 2.AAPL 3.IJH 4.IVV 5.QQQ 6.MSFT 7.ITOT 8.VXUS 9.AGG 10.BND
2019-03-31	1153	$2.9B	24	1VTI 2AAPL 3QQQ Top holdings2019-03-31 1.VTI 2.AAPL 3.QQQ 4.IJH 5.IVV 6.BND 7.VXUS 8.SCHO 9.MSFT 10.SPY
2018-12-31	1069	$2.5B	37	1VTI 2AAPL 3QQQ Top holdings2018-12-31 1.VTI 2.AAPL 3.QQQ 4.BND 5.IJH 6.IVV 7.SCHO 8.AGG 9.VXUS 10.SPY
2018-09-30	1182	$2.9B	24	1VTI 2AAPL 3QQQ Top holdings2018-09-30 1.VTI 2.AAPL 3.QQQ 4.IJH 5.BND 6.IVV 7.VXUS 8.SPY 9.MSFT 10.AGG
2018-06-30	1154	$2.7B	31	1VTI 2AAPL 3QQQ Top holdings2018-06-30 1.VTI 2.AAPL 3.QQQ 4.IVV 5.IJH 6.BND 7.SPY 8.VXUS 9.MSFT 10.AGG
2018-03-31	1171	$2.6B	23	1VTI 2AAPL 3IVV Top holdings2018-03-31 1.VTI 2.AAPL 3.IVV 4.73935A 5.BND 6.VXUS 7.SPY 8.IJH 9.MSFT 10.DWX
2017-12-31	1536	$2.5B	21	1VTI 2AAPL 3IVV Top holdings2017-12-31 1.VTI 2.AAPL 3.IVV 4.SPY 5.BND 6.VXUS 7.73935A 8.DWX 9.MSFT 10.IJH
2017-09-30	1119	$2.3B	21	1VTI 2AAPL 3IVV Top holdings2017-09-30 1.VTI 2.AAPL 3.IVV 4.SPY 5.73935A 6.BND 7.VXUS 8.DWX 9.AGG 10.IJH
2017-06-30	1134	$2.2B	27	1VTI 2AAPL 3BND Top holdings2017-06-30 1.VTI 2.AAPL 3.BND 4.SPY 5.73935A 6.IVV 7.VXUS 8.AGG 9.IJH 10.MSFT
2017-03-31	1092	$1.9B	26	1VTI 2AAPL 3SPY Top holdings2017-03-31 1.VTI 2.AAPL 3.SPY 4.BND 5.MSFT 6.VXUS 7.T 8.XLK 9.PG 10.DWX
2016-12-31	1095	$2.0B	29	1VTI 2AAPL 3SPY Top holdings2016-12-31 1.VTI 2.AAPL 3.SPY 4.BND 5.AGG 6.ACWI 7.MSFT 8.T 9.VXUS 10.CWB
2016-09-30	1033	$1.9B	21	1VTI 2AAPL 3AGG Top holdings2016-09-30 1.VTI 2.AAPL 3.AGG 4.BND 5.SPY 6.PFF 7.T 8.LQD 9.VZ 10.VNQ
2016-06-30	1034	$1.8B	24	1VTI 2AAPL 3AGG Top holdings2016-06-30 1.VTI 2.AAPL 3.AGG 4.SPY 5.BND 6.PFF 7.VZ 8.MBB 9.T 10.LQD
2016-03-31	1002	$1.8B	30	1AAPL 2AGG 3SPY Top holdings2016-03-31 1.AAPL 2.AGG 3.SPY 4.VTI 5.BND 6.SHY 7.MBB 8.PFF 9.VNQ 10.VZ
2015-12-31	1093	$1.9B	35	1SPY 2AAPL 3VTI Top holdings2015-12-31 1.SPY 2.AAPL 3.VTI 4.AGG 5.SHY 6.MBB 7.BND 8.PFF 9.VNQ 10.XLK
2015-09-30	1046	$1.8B	38	1SHY 2AAPL 3SPY Top holdings2015-09-30 1.SHY 2.AAPL 3.SPY 4.VTI 5.AGG 6.BND 7.IEF 8.MBB 9.CWB 10.VNQ
2015-06-30	1142	$2.2B	50	1AAPL 2SPY 3LQD Top holdings2015-06-30 1.AAPL 2.SPY 3.LQD 4.AGG 5.HYG 6.EFA 7.VTI 8.IWM 9.DXJ 10.CWB
2015-03-31	1072	$1.5B	27	1SPY 2AAPL 3IWM Top holdings2015-03-31 1.SPY 2.AAPL 3.IWM 4.EFA 5.MDY 6.VTI 7.VNQ 8.BND 9.FEX 10.WBA
2014-12-31	1028	$1.4B	36	1SPY 2AAPL 3IWM Top holdings2014-12-31 1.SPY 2.AAPL 3.IWM 4.IEF 5.IVV 6.MDY 7.XOM 8.FEX 9.73935A 10.BRK-B
2014-09-30	1029	$1.3B	49	1AAPL 2SPY 3IWM Top holdings2014-09-30 1.AAPL 2.SPY 3.IWM 4.IJH 5.IVV 6.ARL 7.MDY 8.64976L 9.XOM 10.T
2014-06-30	977	$1.4B	38	1IWM 2SPY 3MDY Top holdings2014-06-30 1.IWM 2.SPY 3.MDY 4.IVV 5.IEF 6.T 7.ARL 8.IJH 9.XOM 10.64976L
2014-03-31	1002	$1.3B	38	1IWM 2IVV 3AAPL Top holdings2014-03-31 1.IWM 2.IVV 3.AAPL 4.SPY 5.MDY 6.ARL 7.UWM 8.SSO 9.T 10.XOM
2013-12-31	945	$1.2B	66	1IVV 2AAPL 3IJH Top holdings2013-12-31 1.IVV 2.AAPL 3.IJH 4.MDY 5.SSO 6.XOM 7.MVV 8.SCHD 9.AEP 10.T
2013-09-30	1003	$1.7B	51	1MBB 2IWM 3LQD Top holdings2013-09-30 1.MBB 2.IWM 3.LQD 4.MDY 5.AAPL 6.VEA 7.IEI 8.VWO 9.IGSB 10.ACWI
2013-06-30	948	$1.3B	0	1AAPL 2IWM 3MDY Top holdings2013-06-30 1.AAPL 2.IWM 3.MDY 4.IVV 5.MBB 6.LQD 7.XOM 8.T 9.VEA 10.AEP

Holding changes this quarter

First Allied Advisory Services, Inc.'s most significant position changes for 2020-09-30: New buy: Invesco Qqq Trust Series 1 (QQQ); New buy: First Trust Capital Strength (FTCS); New buy: First Trust Dj Internet Ind (FDN); New buy: Target CORP (TGT); Sold out: Agf US Market Neutral Anti-b (BTAL).

Position changes disclosed by First Allied Advisory Services, Inc. for the quarter ending 2020-09-30, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	AAPL	Apple INC	+0.8%	+300.67%	Add
2	RSP	Invesco S&p 500 Equal Weight	+0.3%	+309.77%	Add
3	XLI	Ss Industrial Select Sector	+0.2%	+516.09%	Add
4	TSLA	Tesla INC	+0.2%	+426.05%	Add
5	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	+0.2%	+58.53%	Add
6	LQD	Ishr Ibx Usd Invgd Cb Etf-ui	+0.1%	+28.57%	Add
7	AMZN	Amazon.com INC	+0.1%	+4.71%	Add
8	IWO	Ishares Russell 2000 Growth	+0.1%	+126.35%	Add
9	ARKK	Ark Innovation ETF	+0.1%	+122.74%	Add
10	IEF	Ishares 7-10 Year Treasury B	+0.1%	+27.64%	Add
11	NVDA	Nvidia CORP	+0.1%	-1.28%	Trim
12	QCOM	Qualcomm INC	+0.1%	+0.90%	Add
13	MTUM	Ishares Msci USA Momentum Fa	+0.1%	+126.55%	Add
14	ASHR	Xtrackers Harvest Csi 300 Ch	+0.1%	+94.20%	Add
15	META	Meta Platforms Inc-class A	+0.1%	+4.93%	Add
16	BABA	Alibaba Group Holding-sp Adr	+0.1%	-1.06%	Trim
17	EEM	Ishares Msci Emerging Market	+0.1%	+60.49%	Add
18	VGSH	Vanguard Short-term Treasury	+0.1%	+88.23%	Add
19	ZM	Zoom Communications INC	+0.1%	+58.36%	Add
20	FIXD	First Trust Smith Opportunis	+0.1%	+24.17%	Add
21	IVV	Ishares Core S&p 500 ETF	0%	+4.01%	Add
22	SPY	Ss Spdr S&p 500 ETF Trust-us	0%	+5.02%	Add
23	SPTI	Ss Spdr P Int Term Tsy ETF	-0.1%	-87.08%	Trim
24	BIL	Ss Spdr Bb 1-3m T-bill ETF	-0.1%	-34.72%	Trim
25	CVX	Chevron CORP	-0.1%	-5.20%	Trim
26	IXJ	Ishares Global Healthcare Et	-0.1%	-54.42%	Trim
27	MDYG	Ss Spdr S&p 400 Mc Gr ETF	-0.2%	-35.46%	Trim
28	CWB	Ss Spdr Bb Conv Sec ETF	-0.2%	-35.46%	Trim
29	DVY	Ishares Select Dividend ETF	-0.2%	-58.00%	Trim
30	BND	Vanguard Total Bond Market	-0.2%	-5.68%	Trim
31	SPDW	Ste Str Spdr Pt Dw EU ETF	-0.2%	-88.24%	Trim
32	DGRO	Ishares Core Dividend Growth	-0.3%	-14.71%	Trim
33	SCHO	Schwab Short-term US Treas	-0.3%	-44.95%	Trim
34	SHY	Ishares 1-3 Year Treasury Bo	-0.3%	-15.29%	Trim
35	FVD	First Trust Value Line Dvd	-0.3%	-29.31%	Trim
36	AGG	Ishares Core U.s. Aggregate	-0.4%	-23.48%	Trim
37	QQQ	Invesco Qqq Trust Series 1	—	NEW	New buy
38	FTCS	First Trust Capital Strength	—	NEW	New buy
39	FDN	First Trust Dj Internet Ind	—	NEW	New buy
40	TGT	Target CORP	—	NEW	New buy
41	BTAL	Agf US Market Neutral Anti-b	—	EXIT	Sold out
42	GRX	Gabelli Healthcare & Well	—	EXIT	Sold out
43	FPE	Ft-preferred Secur & INC ETF	—	NEW	New buy
44	IQDF	Flexshares-int Qual Dvd Inde	—	NEW	New buy
45	RTX	Rtx CORP	—	NEW	New buy
46	ARWR	Arrowhead Pharmaceuticals In	—	EXIT	Sold out
47	RMT	Royce Micro-cap Trust INC	—	EXIT	Sold out
48	IYM	Ishares U.s. Basic Materials	—	NEW	New buy
49	FBT	First Trust Nyse Arca Biotec	—	NEW	New buy
50	CXSE	Wisdomtree China Ex-st Ow	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2020-09-30	2020-11-13	13F-HR	View on EDGAR
2020-06-30	2020-08-13	13F-HR	View on EDGAR
2020-03-31	2020-05-08	13F-HR	View on EDGAR
2019-12-31	2020-02-10	13F-HR	View on EDGAR
2019-09-30	2019-11-06	13F-HR	View on EDGAR
2019-06-30	2019-08-12	13F-HR	View on EDGAR
2019-03-31	2019-05-06	13F-HR	View on EDGAR
2018-12-31	2019-02-15	13F-HR	View on EDGAR
2018-09-30	2019-01-03	Amendment	View on EDGAR
2018-09-30	2018-11-14	13F-HR	View on EDGAR
2018-06-30	2018-08-08	13F-HR	View on EDGAR
2018-03-31	2018-05-11	13F-HR	View on EDGAR
2017-12-31	2018-02-08	13F-HR	View on EDGAR
2017-09-30	2017-11-14	13F-HR	View on EDGAR
2017-06-30	2017-08-14	13F-HR	View on EDGAR
2017-03-31	2017-05-15	13F-HR	View on EDGAR
2016-12-31	2017-02-13	13F-HR	View on EDGAR
2016-09-30	2016-11-14	13F-HR	View on EDGAR
2016-06-30	2016-08-15	13F-HR	View on EDGAR
2016-03-31	2016-05-12	13F-HR	View on EDGAR
2015-12-31	2016-02-16	13F-HR	View on EDGAR
2015-09-30	2015-11-12	13F-HR	View on EDGAR
2015-06-30	2015-08-13	13F-HR	View on EDGAR
2015-03-31	2015-05-15	13F-HR	View on EDGAR
2014-12-31	2015-02-09	13F-HR	View on EDGAR
2014-09-30	2014-11-12	13F-HR	View on EDGAR
2014-06-30	2014-08-14	Amendment	View on EDGAR
2014-06-30	2014-08-14	13F-HR	View on EDGAR
2014-03-31	2014-05-15	13F-HR	View on EDGAR
2013-12-31	2014-02-13	Amendment	View on EDGAR
2013-12-31	2014-02-12	13F-HR	View on EDGAR
2013-09-30	2013-11-07	13F-HR	View on EDGAR
2013-06-30	2013-08-13	13F-HR	View on EDGAR

FAQ

What is First Allied Advisory Services, Inc. and what type of investor is it?

First Allied Advisory Services, Inc. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2020-09-30), the firm manages a tracked equity portfolio valued at approximately $3.0B, spread across 1181 disclosed positions.

What are First Allied Advisory Services, Inc.'s largest equity positions?

Based on the latest 13F filing, First Allied Advisory Services, Inc.'s top holdings by market value are: 1. Apple INC (AAPL) — $165.8M (5.6%) 2. Vanguard Total Stock Mkt ETF (VTI) — $86.3M (2.9%) 3. Invesco Qqq Trust Series 1 (QQQ) — $52.9M (1.8%) 4. Ishares Core S&p Midcap ETF (IJH) — $51.8M (1.7%) 5. Amazon.com INC (AMZN) — $49.4M (1.7%)

What changes did First Allied Advisory Services, Inc. make in its most recent portfolio filing?

In the latest reported quarter, First Allied Advisory Services, Inc. made 50 notable position adjustments: 10 new positions were initiated, 20 existing holdings were added to, 16 positions were partially reduced, and 4 were completely exited. The largest of these moves: New buy: Invesco Qqq Trust Series 1 (QQQ); New buy: First Trust Capital Strength (FTCS); New buy: First Trust Dj Internet Ind (FDN); New buy: Target CORP (TGT); Sold out: Agf US Market Neutral Anti-b (BTAL)

What sectors does First Allied Advisory Services, Inc. focus on?

First Allied Advisory Services, Inc. is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 35.8% • Consumer Discretionary: 15.2% • Communication Services: 14.0% • Health Care: 12.9% • Financials: 8.8% • Consumer Staples: 5.9%

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First Allied Advisory Services, Inc. 13F Holdings Overview (1181 Positions)

CIK: 0001512647

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$3.0B

Reporting period: 2020-09-30 · Number of holdings: 1181

First Allied Advisory Services, Inc. disclosed 1181 holdings in its latest 13F filing for the period ending 2020-09-30, with total reported value of $3.0B and a quarterly turnover rate of 22.9%.

Browse other institutions with $1B to $10B AUM Browse other institutions starting with "F"

Personality snowflake

Concentration: 3.21
Portfolio Stability: 22.93
Momentum/Contrarian: 96.83
Sector conviction: 60.52
Diversification: 100
Sizing Uniformity: 70.89

Position sizes vary widely across the portfolio (a coefficient of variation of 2.91), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Add AAPL
+300.7%　$35.5M
Trim AGG
-23.5%　-$7.8M
Trim FVD
-29.3%　-$7.0M
Trim SHY
-15.3%　-$5.3M
Trim SCHO
-45.0%　-$6.8M
Add RSP
+309.8%　$7.7M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 200 holdings (of 1181 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	AAPL	Apple INC	Stock-Tech	5.57%	+0.75%	+300.67%
2	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	2.90%	—	-8.59%
3	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	1.78%	+1.78%	NEW
4	IJH	Ishares Core S&p Midcap ETF	ETF-Other	1.74%	—	-5.25%
5	AMZN	Amazon.com INC	Stock-Consumer Disc	1.66%	+0.13%	+4.71%
6	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	1.63%	+0.04%	+4.01%
7	MSFT	Microsoft CORP	Stock-Tech	1.61%	—	+0.56%
8	BND	Vanguard Total Bond Market	ETF-Other	1.29%	-0.22%	-5.68%
9	DGRO	Ishares Core Dividend Growth	ETF-Other	1.11%	-0.25%	-14.71%
10	VXUS	Vanguard Total Intl Stock	ETF-Other	1.08%	—	-3.90%
11	SHY	Ishares 1-3 Year Treasury Bo	ETF-Gov Bonds	0.97%	-0.29%	-15.29%
12	LQD	Ishr Ibx Usd Invgd Cb Etf-ui	ETF-Corp Bonds	0.96%	+0.14%	+28.57%
13	FTSM	First Trust Enh Short Mat Fd	ETF-Other	0.87%	—	+1.82%
14	USMV	Ishares Msci USA Min Vol Fac	ETF-Other	0.85%	—	-3.67%
15	AGG	Ishares Core U.s. Aggregate	ETF-Other	0.85%	-0.37%	-23.48%
16	ITOT	Ishares Core S&p Total U.s.	ETF-Other	0.83%	—	-0.94%
17	META	Meta Platforms Inc-class A	Stock-Comm Services	0.81%	+0.07%	+4.93%
18	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	0.78%	+0.03%	+5.02%
19	IEF	Ishares 7-10 Year Treasury B	ETF-Gov Bonds	0.77%	+0.10%	+27.64%
20	FTCS	First Trust Capital Strength	ETF-Other	0.69%	+0.69%	NEW
21	FVD	First Trust Value Line Dvd	ETF-Other	0.65%	-0.32%	-29.31%
22	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	0.64%	—	-2.53%
23	RDVY	First Trust Rising Dividend	ETF-Other	0.61%	—	+2.46%
24	IVW	Ishares S&p 500 Growth ETF	ETF-Large Cap & Growth	0.59%	—	-0.27%
25	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	0.59%	—	-11.51%
26	IEMG	Ishares Core Msci Emerging	ETF-Emerging Markets	0.55%	—	-0.95%
27	JPM	Jpmorgan Chase & Co	Stock-Financials	0.54%	—	+9.30%
28	QCOM	Qualcomm INC	Stock-Tech	0.54%	+0.08%	+0.90%
29	JNJ	Johnson & Johnson	Stock-Healthcare	0.53%	—	-1.96%
30	VCSH	Vanguard S/t CORP Bond ETF	ETF-Corp Bonds	0.50%	—	-10.76%
31	MUB	Ishares National Muni Bond E	ETF-Other	0.50%	—	+1.59%
32	LMBS	First Trust Low Duration Opp	ETF-Other	0.50%	—	-0.04%
33	BSV	Vanguard Short-term Bond ETF	ETF-Other	0.49%	—	-1.68%
34	VZ	Verizon Communications INC	Stock-Comm Services	0.49%	—	-4.52%
35	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	ETF-High Yield	0.49%	+0.16%	+58.53%
36	DIS	Walt Disney Co/the	Stock-Comm Services	0.47%	—	-0.75%
37	VTIP	Vanguard Short-term Tips	ETF-Other	0.46%	—	-8.05%
38	T	At&t INC	Stock-Comm Services	0.45%	—	+0.60%
39	IJR	Ishares Core S&p Small-cap E	ETF-Small Cap	0.45%	—	+3.72%
40	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.45%	—	+7.74%
41	WMT	Walmart INC	Stock-Consumer Staples	0.43%	—	-5.62%
42	FDN	First Trust Dj Internet Ind	ETF-Other	0.43%	+0.43%	NEW
43	NVDA	Nvidia CORP	Stock-Tech	0.43%	+0.09%	-1.28%
44	DGRW	Wisdomtree U.s. Quality Divi	ETF-Other	0.42%	—	-0.36%
45	VEA	Vanguard Ftse Developed ETF	ETF-Other	0.42%	—	+2.03%
46	NFLX	Netflix INC	Stock-Comm Services	0.41%	—	-0.06%
47	ESGU	Ishares Esg Aware Msci USA	ETF-Other	0.41%	—	+6.98%
48	VTWG	Vanguard Russell 2000 Growth	ETF-Small Cap	0.39%	—	-6.81%
49	BNDX	Vanguard Total Intl Bond ETF	ETF-Other	0.39%	—	-3.92%
50	FIXD	First Trust Smith Opportunis	ETF-Other	0.39%	+0.05%	+24.17%

1–50 of 200

Portfolio Performance

Not enough priced holdings yet to compute performance

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2020-09-30	1181	$3.0B	23	1AAPL 2VTI 3QQQ Top holdings2020-09-30 1.AAPL 2.VTI 3.QQQ 4.IJH 5.AMZN 6.IVV 7.MSFT 8.BND 9.DGRO 10.VXUS
2020-06-30	1107	$2.7B	33	1AAPL 2VTI 3IJH Top holdings2020-06-30 1.AAPL 2.VTI 3.IJH 4.MSFT 5.IVV 6.AMZN 7.BND 8.DGRO 9.SHY 10.AGG
2020-03-31	1062	$2.3B	39	1AAPL 2VTI 3MSFT Top holdings2020-03-31 1.AAPL 2.VTI 3.MSFT 4.IVV 5.BND 6.IJH 7.SHY 8.QQQ 9.AGG 10.VXUS
2019-12-31	1206	$3.0B	20	1AAPL 2VTI 3IJH Top holdings2019-12-31 1.AAPL 2.VTI 3.IJH 4.IVV 5.ITOT 6.MSFT 7.VXUS 8.DGRO 9.BND 10.QQQ
2019-09-30	1634	$2.8B	21	1VTI 2AAPL 3IJH Top holdings2019-09-30 1.VTI 2.AAPL 3.IJH 4.IVV 5.ITOT 6.MSFT 7.QQQ 8.VXUS 9.AGG 10.BND
2019-06-30	1200	$2.9B	20	1VTI 2AAPL 3IJH Top holdings2019-06-30 1.VTI 2.AAPL 3.IJH 4.IVV 5.QQQ 6.MSFT 7.ITOT 8.VXUS 9.AGG 10.BND
2019-03-31	1153	$2.9B	24	1VTI 2AAPL 3QQQ Top holdings2019-03-31 1.VTI 2.AAPL 3.QQQ 4.IJH 5.IVV 6.BND 7.VXUS 8.SCHO 9.MSFT 10.SPY
2018-12-31	1069	$2.5B	37	1VTI 2AAPL 3QQQ Top holdings2018-12-31 1.VTI 2.AAPL 3.QQQ 4.BND 5.IJH 6.IVV 7.SCHO 8.AGG 9.VXUS 10.SPY
2018-09-30	1182	$2.9B	24	1VTI 2AAPL 3QQQ Top holdings2018-09-30 1.VTI 2.AAPL 3.QQQ 4.IJH 5.BND 6.IVV 7.VXUS 8.SPY 9.MSFT 10.AGG
2018-06-30	1154	$2.7B	31	1VTI 2AAPL 3QQQ Top holdings2018-06-30 1.VTI 2.AAPL 3.QQQ 4.IVV 5.IJH 6.BND 7.SPY 8.VXUS 9.MSFT 10.AGG
2018-03-31	1171	$2.6B	23	1VTI 2AAPL 3IVV Top holdings2018-03-31 1.VTI 2.AAPL 3.IVV 4.73935A 5.BND 6.VXUS 7.SPY 8.IJH 9.MSFT 10.DWX
2017-12-31	1536	$2.5B	21	1VTI 2AAPL 3IVV Top holdings2017-12-31 1.VTI 2.AAPL 3.IVV 4.SPY 5.BND 6.VXUS 7.73935A 8.DWX 9.MSFT 10.IJH
2017-09-30	1119	$2.3B	21	1VTI 2AAPL 3IVV Top holdings2017-09-30 1.VTI 2.AAPL 3.IVV 4.SPY 5.73935A 6.BND 7.VXUS 8.DWX 9.AGG 10.IJH
2017-06-30	1134	$2.2B	27	1VTI 2AAPL 3BND Top holdings2017-06-30 1.VTI 2.AAPL 3.BND 4.SPY 5.73935A 6.IVV 7.VXUS 8.AGG 9.IJH 10.MSFT
2017-03-31	1092	$1.9B	26	1VTI 2AAPL 3SPY Top holdings2017-03-31 1.VTI 2.AAPL 3.SPY 4.BND 5.MSFT 6.VXUS 7.T 8.XLK 9.PG 10.DWX
2016-12-31	1095	$2.0B	29	1VTI 2AAPL 3SPY Top holdings2016-12-31 1.VTI 2.AAPL 3.SPY 4.BND 5.AGG 6.ACWI 7.MSFT 8.T 9.VXUS 10.CWB
2016-09-30	1033	$1.9B	21	1VTI 2AAPL 3AGG Top holdings2016-09-30 1.VTI 2.AAPL 3.AGG 4.BND 5.SPY 6.PFF 7.T 8.LQD 9.VZ 10.VNQ
2016-06-30	1034	$1.8B	24	1VTI 2AAPL 3AGG Top holdings2016-06-30 1.VTI 2.AAPL 3.AGG 4.SPY 5.BND 6.PFF 7.VZ 8.MBB 9.T 10.LQD
2016-03-31	1002	$1.8B	30	1AAPL 2AGG 3SPY Top holdings2016-03-31 1.AAPL 2.AGG 3.SPY 4.VTI 5.BND 6.SHY 7.MBB 8.PFF 9.VNQ 10.VZ
2015-12-31	1093	$1.9B	35	1SPY 2AAPL 3VTI Top holdings2015-12-31 1.SPY 2.AAPL 3.VTI 4.AGG 5.SHY 6.MBB 7.BND 8.PFF 9.VNQ 10.XLK
2015-09-30	1046	$1.8B	38	1SHY 2AAPL 3SPY Top holdings2015-09-30 1.SHY 2.AAPL 3.SPY 4.VTI 5.AGG 6.BND 7.IEF 8.MBB 9.CWB 10.VNQ
2015-06-30	1142	$2.2B	50	1AAPL 2SPY 3LQD Top holdings2015-06-30 1.AAPL 2.SPY 3.LQD 4.AGG 5.HYG 6.EFA 7.VTI 8.IWM 9.DXJ 10.CWB
2015-03-31	1072	$1.5B	27	1SPY 2AAPL 3IWM Top holdings2015-03-31 1.SPY 2.AAPL 3.IWM 4.EFA 5.MDY 6.VTI 7.VNQ 8.BND 9.FEX 10.WBA
2014-12-31	1028	$1.4B	36	1SPY 2AAPL 3IWM Top holdings2014-12-31 1.SPY 2.AAPL 3.IWM 4.IEF 5.IVV 6.MDY 7.XOM 8.FEX 9.73935A 10.BRK-B
2014-09-30	1029	$1.3B	49	1AAPL 2SPY 3IWM Top holdings2014-09-30 1.AAPL 2.SPY 3.IWM 4.IJH 5.IVV 6.ARL 7.MDY 8.64976L 9.XOM 10.T
2014-06-30	977	$1.4B	38	1IWM 2SPY 3MDY Top holdings2014-06-30 1.IWM 2.SPY 3.MDY 4.IVV 5.IEF 6.T 7.ARL 8.IJH 9.XOM 10.64976L
2014-03-31	1002	$1.3B	38	1IWM 2IVV 3AAPL Top holdings2014-03-31 1.IWM 2.IVV 3.AAPL 4.SPY 5.MDY 6.ARL 7.UWM 8.SSO 9.T 10.XOM
2013-12-31	945	$1.2B	66	1IVV 2AAPL 3IJH Top holdings2013-12-31 1.IVV 2.AAPL 3.IJH 4.MDY 5.SSO 6.XOM 7.MVV 8.SCHD 9.AEP 10.T
2013-09-30	1003	$1.7B	51	1MBB 2IWM 3LQD Top holdings2013-09-30 1.MBB 2.IWM 3.LQD 4.MDY 5.AAPL 6.VEA 7.IEI 8.VWO 9.IGSB 10.ACWI
2013-06-30	948	$1.3B	0	1AAPL 2IWM 3MDY Top holdings2013-06-30 1.AAPL 2.IWM 3.MDY 4.IVV 5.MBB 6.LQD 7.XOM 8.T 9.VEA 10.AEP

Holding changes this quarter

Position changes disclosed by First Allied Advisory Services, Inc. for the quarter ending 2020-09-30, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	AAPL	Apple INC	+0.8%	+300.67%	Add
2	RSP	Invesco S&p 500 Equal Weight	+0.3%	+309.77%	Add
3	XLI	Ss Industrial Select Sector	+0.2%	+516.09%	Add
4	TSLA	Tesla INC	+0.2%	+426.05%	Add
5	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	+0.2%	+58.53%	Add
6	LQD	Ishr Ibx Usd Invgd Cb Etf-ui	+0.1%	+28.57%	Add
7	AMZN	Amazon.com INC	+0.1%	+4.71%	Add
8	IWO	Ishares Russell 2000 Growth	+0.1%	+126.35%	Add
9	ARKK	Ark Innovation ETF	+0.1%	+122.74%	Add
10	IEF	Ishares 7-10 Year Treasury B	+0.1%	+27.64%	Add
11	NVDA	Nvidia CORP	+0.1%	-1.28%	Trim
12	QCOM	Qualcomm INC	+0.1%	+0.90%	Add
13	MTUM	Ishares Msci USA Momentum Fa	+0.1%	+126.55%	Add
14	ASHR	Xtrackers Harvest Csi 300 Ch	+0.1%	+94.20%	Add
15	META	Meta Platforms Inc-class A	+0.1%	+4.93%	Add
16	BABA	Alibaba Group Holding-sp Adr	+0.1%	-1.06%	Trim
17	EEM	Ishares Msci Emerging Market	+0.1%	+60.49%	Add
18	VGSH	Vanguard Short-term Treasury	+0.1%	+88.23%	Add
19	ZM	Zoom Communications INC	+0.1%	+58.36%	Add
20	FIXD	First Trust Smith Opportunis	+0.1%	+24.17%	Add
21	IVV	Ishares Core S&p 500 ETF	0%	+4.01%	Add
22	SPY	Ss Spdr S&p 500 ETF Trust-us	0%	+5.02%	Add
23	SPTI	Ss Spdr P Int Term Tsy ETF	-0.1%	-87.08%	Trim
24	BIL	Ss Spdr Bb 1-3m T-bill ETF	-0.1%	-34.72%	Trim
25	CVX	Chevron CORP	-0.1%	-5.20%	Trim
26	IXJ	Ishares Global Healthcare Et	-0.1%	-54.42%	Trim
27	MDYG	Ss Spdr S&p 400 Mc Gr ETF	-0.2%	-35.46%	Trim
28	CWB	Ss Spdr Bb Conv Sec ETF	-0.2%	-35.46%	Trim
29	DVY	Ishares Select Dividend ETF	-0.2%	-58.00%	Trim
30	BND	Vanguard Total Bond Market	-0.2%	-5.68%	Trim
31	SPDW	Ste Str Spdr Pt Dw EU ETF	-0.2%	-88.24%	Trim
32	DGRO	Ishares Core Dividend Growth	-0.3%	-14.71%	Trim
33	SCHO	Schwab Short-term US Treas	-0.3%	-44.95%	Trim
34	SHY	Ishares 1-3 Year Treasury Bo	-0.3%	-15.29%	Trim
35	FVD	First Trust Value Line Dvd	-0.3%	-29.31%	Trim
36	AGG	Ishares Core U.s. Aggregate	-0.4%	-23.48%	Trim
37	QQQ	Invesco Qqq Trust Series 1	—	NEW	New buy
38	FTCS	First Trust Capital Strength	—	NEW	New buy
39	FDN	First Trust Dj Internet Ind	—	NEW	New buy
40	TGT	Target CORP	—	NEW	New buy
41	BTAL	Agf US Market Neutral Anti-b	—	EXIT	Sold out
42	GRX	Gabelli Healthcare & Well	—	EXIT	Sold out
43	FPE	Ft-preferred Secur & INC ETF	—	NEW	New buy
44	IQDF	Flexshares-int Qual Dvd Inde	—	NEW	New buy
45	RTX	Rtx CORP	—	NEW	New buy
46	ARWR	Arrowhead Pharmaceuticals In	—	EXIT	Sold out
47	RMT	Royce Micro-cap Trust INC	—	EXIT	Sold out
48	IYM	Ishares U.s. Basic Materials	—	NEW	New buy
49	FBT	First Trust Nyse Arca Biotec	—	NEW	New buy
50	CXSE	Wisdomtree China Ex-st Ow	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2020-09-30	2020-11-13	13F-HR	View on EDGAR
2020-06-30	2020-08-13	13F-HR	View on EDGAR
2020-03-31	2020-05-08	13F-HR	View on EDGAR
2019-12-31	2020-02-10	13F-HR	View on EDGAR
2019-09-30	2019-11-06	13F-HR	View on EDGAR
2019-06-30	2019-08-12	13F-HR	View on EDGAR
2019-03-31	2019-05-06	13F-HR	View on EDGAR
2018-12-31	2019-02-15	13F-HR	View on EDGAR
2018-09-30	2019-01-03	Amendment	View on EDGAR
2018-09-30	2018-11-14	13F-HR	View on EDGAR
2018-06-30	2018-08-08	13F-HR	View on EDGAR
2018-03-31	2018-05-11	13F-HR	View on EDGAR
2017-12-31	2018-02-08	13F-HR	View on EDGAR
2017-09-30	2017-11-14	13F-HR	View on EDGAR
2017-06-30	2017-08-14	13F-HR	View on EDGAR
2017-03-31	2017-05-15	13F-HR	View on EDGAR
2016-12-31	2017-02-13	13F-HR	View on EDGAR
2016-09-30	2016-11-14	13F-HR	View on EDGAR
2016-06-30	2016-08-15	13F-HR	View on EDGAR
2016-03-31	2016-05-12	13F-HR	View on EDGAR
2015-12-31	2016-02-16	13F-HR	View on EDGAR
2015-09-30	2015-11-12	13F-HR	View on EDGAR
2015-06-30	2015-08-13	13F-HR	View on EDGAR
2015-03-31	2015-05-15	13F-HR	View on EDGAR
2014-12-31	2015-02-09	13F-HR	View on EDGAR
2014-09-30	2014-11-12	13F-HR	View on EDGAR
2014-06-30	2014-08-14	Amendment	View on EDGAR
2014-06-30	2014-08-14	13F-HR	View on EDGAR
2014-03-31	2014-05-15	13F-HR	View on EDGAR
2013-12-31	2014-02-13	Amendment	View on EDGAR
2013-12-31	2014-02-12	13F-HR	View on EDGAR
2013-09-30	2013-11-07	13F-HR	View on EDGAR
2013-06-30	2013-08-13	13F-HR	View on EDGAR