EM

Efficient Market Advisors, LLC

Diversified strategySector-focusedContrarian

Total reported value

$726.7M

Reporting period: 2017-03-31 · Number of holdings: 49

Efficient Market Advisors, LLC disclosed 49 holdings in its latest 13F filing for the period ending 2017-03-31, with total reported value of $726.7M and a quarterly turnover rate of 24.3%.

Personality snowflake

Concentration
25.57
Portfolio Stability
24.28
Momentum/Contrarian
0
Sector conviction
100
Diversification
98
Sizing Uniformity
85.25

Recent moves

  • Trim DBEU

    -99.0%　-$38.2M

  • Add IVV

    +109.1%　$6.5M

  • Add IGSB

    +17.5%　$10.8M

  • Trim SJNK

    -4.9%　-$1.2M

  • Trim 73936Q769

    -3.2%　-$1.1M

  • Add AMLPUSD

    +16.2%　$6.0M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1FLOTIshares Floating Rate Bond EETF-Other10.05%+0.38%+12.23%
2IGSBIshares 1-5y Inv Grade CORPETF-Other9.88%+0.79%+17.46%
3VEAVanguard Ftse Developed ETFETF-Other9.75%-0.19%-1.15%
4VOOVanguard S&p 500 ETFETF-Large Cap & Growth8.86%-0.36%-1.24%
5IFGLIshares International DeveloETF-Other7.10%+7.10%NEW
6IJHIshares Core S&p Midcap ETFETF-Other6.62%-0.13%+2.57%
7AMLPUSDAlerian Mlp ETFETF-Other5.64%+0.43%+16.20%
8✓ Powershares ETF Tr IiETF-Other5.25%+0.14%+7.66%
9VWOVanguard Ftse Emerging MarkeETF-Emerging Markets4.34%+0.27%+4.14%
10IJRIshares Core S&p Small-cap EETF-Small Cap4.20%-0.15%+107.79%
11RINFProshares Inflation ExpectatETF-Other4.08%—+9.26%
12SJNKSs Spdr Bb St Hi Yield ETFETF-Other4.00%-0.51%-4.85%
13✓ PowersharesStock-Other3.94%-0.49%-3.24%
14AGGIshares Core U.s. AggregateETF-Other3.82%+0.23%+14.72%
15FNCLFidelity Msci Financial IndxETF-Other2.76%-0.04%+5.10%
16IVVIshares Core S&p 500 ETFETF-Large Cap & Growth1.64%+0.83%+109.11%
17IEFAIshares Core Msci Eafe ETFETF-Other1.17%-0.05%-3.81%
18IEMGIshares Core Msci EmergingETF-Emerging Markets0.74%+0.01%-3.08%
19PFFIshares Preferred & Income SETF-Other0.65%-0.03%+0.24%
20VEUVanguard Ftse All-world Ex-uETF-Other0.45%+0.02%+5.17%
21SRLNSs Blackstone Sr Loan ETFETF-Other0.44%-0.11%-14.40%
22SPYSs Spdr S&p 500 ETF Trust-usETF-Large Cap & Growth0.44%—+2.59%
23VCSHVanguard S/t CORP Bond ETFETF-Corp Bonds0.40%+0.01%+10.10%
24TAt&t INCStock-Comm Services0.39%+0.01%+12.98%
25BNDVanguard Total Bond MarketETF-Other0.36%+0.01%+10.71%
26HYSPimco 0-5 Year H/y CORP BondETF-Corp Bonds0.34%-0.06%-7.90%
27VTIVanguard Total Stock Mkt ETFETF-Other0.32%+0.04%+17.97%
28IWMIshares Russell 2000 ETFETF-Small Cap0.26%-0.04%-7.41%
29VVVanguard Large-cap ETFETF-Other0.26%-0.03%-7.64%
30SCHXSchwab US Large-cap ETFETF-Other0.23%-0.01%+1.15%
31SCHMSchwab US Mid Cap ETFETF-Other0.18%-0.01%-2.59%
32EFAIshares Msci Eafe ETFETF-Other0.16%-0.02%-6.78%
33MCDMcdonald's CORPStock-Consumer Disc0.16%——
34VOVanguard Mid-cap ETFETF-Other0.16%-0.01%-4.50%
35FLTRVaneck Ig Floating Rate ETFETF-Other0.15%-0.02%-4.50%
36HYGIshr Ibx Usd Hiyld Cb Etf-uiETF-High Yield0.14%-0.03%-12.86%
37FCFFirst Commonwealth Finl CORPStock-Other0.11%-0.01%—
38SCHASchwab US Small-cap ETFETF-Other0.09%-0.02%-10.30%
39VIGVanguard Dividend Apprec ETFETF-Other0.08%—-3.38%
40VZVerizon Communications INCStock-Comm Services0.06%-0.02%—
41VBVanguard Small-cap ETFETF-Other0.06%-0.01%-9.27%
42DBEUXtrackers Msci Europe HedgedETF-Other0.06%-5.70%-98.97%
43AAgilent Technologies INCStock-Healthcare0.05%+0.01%—
44COSTCostco Wholesale CORPStock-Consumer Staples0.04%-0.01%—
45NTAPNetapp INCStock-Tech0.04%——
46EIXEdison InternationalStock-Utilities0.03%—-1.10%
47HDHome Depot INCStock-Consumer Disc0.03%+0.03%NEW
48NCANuveen California Muni ValStock-Other0.02%——
49ARCPEURVereit INCStock-Other0.01%——

Holding changes this quarter

Efficient Market Advisors, LLC's most significant position changes for 2017-03-31: New buy: Ishares International Develo (IFGL); Sold out: Ishares Currency Hedged Msci (HEZU); Sold out: First Trust Global Tactical (FTGC); Sold out: Apple INC (AAPL); New buy: Home Depot INC (HD).

Position changes disclosed by Efficient Market Advisors, LLC for the quarter ending 2017-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1IVVIshares Core S&p 500 ETF+0.8%+109.11%Add
2IGSBIshares 1-5y Inv Grade CORP+0.8%+17.46%Add
3AMLPUSDAlerian Mlp ETF+0.4%+16.20%Add
4FLOTIshares Floating Rate Bond E+0.4%+12.23%Add
5VWOVanguard Ftse Emerging Marke+0.3%+4.14%Add
6AGGIshares Core U.s. Aggregate+0.2%+14.72%Add
7✓ Powershares ETF Tr Ii+0.1%+7.66%Add
8VTIVanguard Total Stock Mkt ETF0%+17.97%Add
9VEUVanguard Ftse All-world Ex-u0%+5.17%Add
10IEMGIshares Core Msci Emerging0%-3.08%Trim
11VCSHVanguard S/t CORP Bond ETF0%+10.10%Add
12BNDVanguard Total Bond Market0%+10.71%Add
13TAt&t INC0%+12.98%Add
14AAgilent Technologies INC0%—Unchanged
15RINFProshares Inflation Expectat—+9.26%Add
16SPYSs Spdr S&p 500 ETF Trust-us—+2.59%Add
17MCDMcdonald's CORP——Unchanged
18NTAPNetapp INC——Unchanged
19EIXEdison International—-1.10%Trim
20VIGVanguard Dividend Apprec ETF—-3.38%Trim
21SCHXSchwab US Large-cap ETF0%+1.15%Add
22FCFFirst Commonwealth Finl CORP0%—Unchanged
23VBVanguard Small-cap ETF0%-9.27%Trim
24SCHMSchwab US Mid Cap ETF0%-2.59%Trim
25COSTCostco Wholesale CORP0%—Unchanged
26VOVanguard Mid-cap ETF0%-4.50%Trim
27SCHASchwab US Small-cap ETF0%-10.30%Trim
28VZVerizon Communications INC0%—Unchanged
29FLTRVaneck Ig Floating Rate ETF0%-4.50%Trim
30EFAIshares Msci Eafe ETF0%-6.78%Trim
31PFFIshares Preferred & Income S0%+0.24%Add
32HYGIshr Ibx Usd Hiyld Cb Etf-ui0%-12.86%Trim
33VVVanguard Large-cap ETF0%-7.64%Trim
34FNCLFidelity Msci Financial Indx0%+5.10%Add
35IWMIshares Russell 2000 ETF0%-7.41%Trim
36IEFAIshares Core Msci Eafe ETF-0.1%-3.81%Trim
37HYSPimco 0-5 Year H/y CORP Bond-0.1%-7.90%Trim
38SRLNSs Blackstone Sr Loan ETF-0.1%-14.40%Trim
39IJHIshares Core S&p Midcap ETF-0.1%+2.57%Add
40IJRIshares Core S&p Small-cap E-0.2%+107.79%Add
41VEAVanguard Ftse Developed ETF-0.2%-1.15%Trim
42VOOVanguard S&p 500 ETF-0.4%-1.24%Trim
43✓ Powershares-0.5%-3.24%Trim
44SJNKSs Spdr Bb St Hi Yield ETF-0.5%-4.85%Trim
45DBEUXtrackers Msci Europe Hedged-5.7%-98.97%Trim
46IFGLIshares International Develo—NEWNew buy
47HEZUIshares Currency Hedged Msci—EXITSold out
48FTGCFirst Trust Global Tactical—EXITSold out
49AAPLApple INC—EXITSold out
50HDHome Depot INC—NEWNew buy

FAQ

What is Efficient Market Advisors, LLC and what type of investor is it?
Efficient Market Advisors, LLC 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 (2017-03-31), the firm manages a tracked equity portfolio valued at approximately $726.7M, spread across 49 disclosed positions.
What are Efficient Market Advisors, LLC's largest equity positions?
Based on the latest 13F filing, Efficient Market Advisors, LLC's top holdings by market value are: 1. Ishares Floating Rate Bond E (FLOT) — $73.0M (10.1%) 2. Ishares 1-5y Inv Grade CORP (IGSB) — $71.8M (9.9%) 3. Vanguard Ftse Developed ETF (VEA) — $70.9M (9.8%) 4. Vanguard S&p 500 ETF (VOO) — $64.4M (8.9%) 5. Ishares International Develo (IFGL) — $51.6M (7.1%)
What changes did Efficient Market Advisors, LLC make in its most recent portfolio filing?
In the latest reported quarter, Efficient Market Advisors, LLC made 44 notable position adjustments: 2 new positions were initiated, 19 existing holdings were added to, 20 positions were partially reduced, and 3 were completely exited. The largest of these moves: New buy: Ishares International Develo (IFGL); Sold out: Ishares Currency Hedged Msci (HEZU); Sold out: First Trust Global Tactical (FTGC); Sold out: Apple INC (AAPL); New buy: Home Depot INC (HD)
What sectors does Efficient Market Advisors, LLC focus on?
Efficient Market Advisors, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Communication Services: 65.8% • Consumer Discretionary: 27.7% • Consumer Staples: 6.5%