IF

iAB Financial Bank

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$204.3M

Reporting period: 2017-06-30 · Number of holdings: 138

iAB Financial Bank disclosed 138 holdings in its latest 13F filing for the period ending 2017-06-30, with total reported value of $204.3M and a quarterly turnover rate of 11.8%.

Personality snowflake

Concentration
10.55
Portfolio Stability
11.84
Momentum/Contrarian
100
Sector conviction
53.47
Diversification
100
Sizing Uniformity
83.69

Recent moves

  • Trim WFC

    -13.3%　-$1.4M

  • Trim FELE

    -0.0%　-$808.0K

  • Add VEA

    +39.5%　$1.0M

  • Add CELG

    +129.6%　$451.0K

  • Trim VGT

    -2.1%　$193.0K

  • Add UNH

    +0.2%　$530.0K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1FELEFranklin Electric Co INCStock-Industrials9.83%-0.90%-0.04%
2VGTVanguard Info Tech ETFETF-Tech5.86%-0.19%-2.12%
3WFCWells Fargo & CoStock-Financials4.32%-0.93%-13.29%
4JPMJpmorgan Chase & CoStock-Financials4.25%—-2.32%
5AAPLApple INCStock-Tech4.01%—+0.01%
6VVisa Inc-class A SharesStock-Financials2.61%+0.08%+2.56%
7VBVanguard Small-cap ETFETF-Other2.46%+0.03%+4.48%
8SYKStryker CORPStock-Healthcare2.39%+0.02%+0.28%
9UNHUnitedhealth Group INCStock-Healthcare2.21%+0.17%+0.23%
10UTXZUnited Tech CORPStock-Other2.18%+0.12%+1.77%
11CVSCvs Health CORPStock-Healthcare2.03%+0.06%+5.18%
12VOVanguard Mid-cap ETFETF-Other1.90%—+1.89%
13CMICummins INCStock-Industrials1.80%+0.05%+0.22%
14PEPPepsico INCStock-Consumer Staples1.69%—-1.64%
15VZVerizon Communications INCStock-Comm Services1.66%—+5.18%
16VEAVanguard Ftse Developed ETFETF-Other1.60%+0.45%+39.52%
17CNICanadian Natl Railway CoStock-Industrials1.56%+0.17%-0.06%
18ABBVAbbvie INCStock-Healthcare1.53%+0.08%-0.94%
19PGProcter & Gamble Co/theStock-Consumer Staples1.36%—-1.36%
20VNQVanguard Real Estate ETFETF-Other1.35%+0.05%+7.92%
21XOMExxon Mobil CORPStock-Energy1.27%—+3.30%
22CVXChevron CORPStock-Energy1.27%+0.04%+11.00%
23VWOVanguard Ftse Emerging MarkeETF-Emerging Markets1.25%+0.11%+11.02%
24MSFTMicrosoft CORPStock-Tech1.13%+0.07%+6.45%
25BLKCHFBlackrock INCStock-Other1.06%+0.13%+8.76%
26INTCIntel CORPStock-Tech1.03%—-0.21%
27CATCaterpillar INCStock-Industrials0.87%+0.08%+0.61%
28JNJJohnson & JohnsonStock-Healthcare0.78%—+2.91%
29SLBSlb LTDStock-Energy0.76%-0.15%+4.67%
30VLOValero Energy CORPStock-Energy0.75%—+6.80%
31BRK-ABerkshire Hathaway Inc-cl AStock-Other0.75%——
32AFLAflac INCStock-Financials0.71%—+2.04%
33VOOVanguard S&p 500 ETFETF-Large Cap & Growth0.69%—+8.81%
34VTRVentas INCStock-Real Estate0.68%—+0.25%
35EFAVIshares Msci Eafe Min Vol FaETF-Other0.67%—+1.02%
36CLColgate-palmolive CoStock-Consumer Staples0.65%—+0.31%
37ABTAbbott LaboratoriesStock-Healthcare0.65%—+0.92%
38QCOMQualcomm INCStock-Tech0.63%-0.15%-11.45%
39GOOGLAlphabet Inc-cl AStock-Comm Services0.62%+0.07%+7.11%
40PMPhilip Morris InternationalStock-Consumer Staples0.61%——
41RWOState Street Spdr Dow JonesETF-Other0.60%-0.13%-14.72%
42ORCLOracle CORPStock-Tech0.58%—+1.89%
43VVVanguard Large-cap ETFETF-Other0.57%—-5.26%
44UPSUnited Parcel Service-cl BStock-Industrials0.54%—+12.43%
45SBUXStarbucks CORPStock-Consumer Disc0.53%+0.15%+44.79%
46EMREmerson Electric CoStock-Industrials0.52%—-3.32%
47✓ Shire PLCStock-Other0.51%—+8.93%
48DISWalt Disney Co/theStock-Comm Services0.49%—+15.39%
49MMM3m CoStock-Industrials0.48%—-4.03%
50PXGBXPraxair INCStock-Other0.47%——
1–50 of 138

Holding changes this quarter

iAB Financial Bank's most significant position changes for 2017-06-30: New buy: Ishares Core Msci Emerging (IEMG); New buy: Hormel Foods CORP (HRL); Sold out: Target CORP (TGT); Sold out: Ss Technology Select Sector (XLK); Sold out: Ss Consumer Disc Select Sect (XLY).

Position changes disclosed by iAB Financial Bank for the quarter ending 2017-06-30, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1VEAVanguard Ftse Developed ETF+0.5%+39.52%Add
2CELGCelgene CORP+0.2%+129.62%Add
3UNHUnitedhealth Group INC+0.2%+0.23%Add
4CNICanadian Natl Railway Co+0.2%-0.06%Trim
5IEFAIshares Core Msci Eafe ETF+0.2%+144.29%Add
6SBUXStarbucks CORP+0.2%+44.79%Add
7NKENike INC -cl B+0.2%+104.12%Add
8SCHCSchwab Intl Small-cap Equity+0.2%+49.27%Add
9CTSHCognizant Tech Solutions-a+0.1%+47.11%Add
10BLKCHFBlackrock INC+0.1%+8.76%Add
11METAMeta Platforms Inc-class A+0.1%+124.26%Add
12UTXZUnited Tech CORP+0.1%+1.77%Add
13IJRIshares Core S&p Small-cap E+0.1%+93.14%Add
14VWOVanguard Ftse Emerging Marke+0.1%+11.02%Add
15BRK-BBerkshire Hathaway Inc-cl B+0.1%+31.09%Add
16✓ +0.1%+77.32%Add
17VVisa Inc-class A Shares+0.1%+2.56%Add
18ABBVAbbvie INC+0.1%-0.94%Trim
19CATCaterpillar INC+0.1%+0.61%Add
20REETIshares Global Reit ETF+0.1%+33.07%Add
21MSFTMicrosoft CORP+0.1%+6.45%Add
22GOOGLAlphabet Inc-cl A+0.1%+7.11%Add
23CVSCvs Health CORP+0.1%+5.18%Add
24CMICummins INC+0.1%+0.22%Add
25VNQVanguard Real Estate ETF+0.1%+7.92%Add
26CVXChevron CORP0%+11.00%Add
27VBVanguard Small-cap ETF0%+4.48%Add
28SYKStryker CORP0%+0.28%Add
29RWOState Street Spdr Dow Jones-0.1%-14.72%Trim
30QCOMQualcomm INC-0.2%-11.45%Trim
31SLBSlb LTD-0.2%+4.67%Add
32VGTVanguard Info Tech ETF-0.2%-2.12%Trim
33FELEFranklin Electric Co INC-0.9%-0.04%Trim
34WFCWells Fargo & Co-0.9%-13.29%Trim
35IEMGIshares Core Msci Emerging—NEWNew buy
36HRLHormel Foods CORP—NEWNew buy
37TGTTarget CORP—EXITSold out
38XLKSs Technology Select Sector—EXITSold out
39XLYSs Consumer Disc Select Sect—EXITSold out
40GSGoldman Sachs Group INC—NEWNew buy
41XLFSs Financial Select Sector—EXITSold out
42XLISs Industrial Select Sector—EXITSold out
43XLVSs Health Care Select Sector—EXITSold out
44CMCSAComcast Corp-class A—NEWNew buy
45DHRDanaher CORP—NEWNew buy
46XLPSs Consumer Staples Sel Sect—EXITSold out
47IJKIshares S&p Mid-cap 400 Grow—NEWNew buy
48SCHPSchwab U.s. Tips ETF—NEWNew buy
49SPYSs Spdr S&p 500 ETF Trust-us—NEWNew buy
50RWRSs Spdr Dow Jones Reit ETF—EXITSold out

FAQ

What is iAB Financial Bank and what type of investor is it?
iAB Financial Bank 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 (2017-06-30), the firm manages a tracked equity portfolio valued at approximately $204.3M, spread across 138 disclosed positions.
What are iAB Financial Bank's largest equity positions?
Based on the latest 13F filing, iAB Financial Bank's top holdings by market value are: 1. Franklin Electric Co INC (FELE) — $20.1M (9.8%) 2. Vanguard Info Tech ETF (VGT) — $12.0M (5.9%) 3. Wells Fargo & Co (WFC) — $8.8M (4.3%) 4. Jpmorgan Chase & Co (JPM) — $8.7M (4.3%) 5. Apple INC (AAPL) — $8.2M (4.0%)
What changes did iAB Financial Bank make in its most recent portfolio filing?
In the latest reported quarter, iAB Financial Bank made 50 notable position adjustments: 8 new positions were initiated, 27 existing holdings were added to, 7 positions were partially reduced, and 8 were completely exited. The largest of these moves: New buy: Ishares Core Msci Emerging (IEMG); New buy: Hormel Foods CORP (HRL); Sold out: Target CORP (TGT); Sold out: Ss Technology Select Sector (XLK); Sold out: Ss Consumer Disc Select Sect (XLY)
What sectors does iAB Financial Bank focus on?
iAB Financial Bank is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 29.0% • Information Technology: 18.8% • Health Care: 17.6% • Consumer Staples: 10.5% • Communication Services: 9.2% • Energy: 7.3%