Latest Parallel Advisors, LLC Stock Portfolio
$3.90Billion– No. of Holdings #3299
Parallel Advisors, LLC Performance:
2024 Q2: 3.19%YTD: 7.92%2023: 15.12%
Performance for 2024 Q2 is 3.19%, and YTD is 7.92%, and 2023 is 15.12%.
About Parallel Advisors, LLC and 13F Hedge Fund Stock Holdings
Parallel Advisors, LLC is a hedge fund based in SAN FRANCISCO, CA. On 05-Sep-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $5.7 Billions. In it's latest 13F Holdings report, Parallel Advisors, LLC reported an equity portfolio of $3.9 Billions as of 30 Jun, 2024.
The top stock holdings of Parallel Advisors, LLC are IJR, IJR, AAPL. The fund has invested 8.9% of it's portfolio in ISHARES S&P 500 INDEX and 8.1% of portfolio in ISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF.
The fund managers got completely rid off WESBANCO INC COM (WSBC), ENTERPRISE FINL SVCS CORP COM (EFSC) and SHOCKWAVE MED INC COM (SWAV) stocks. They significantly reduced their stock positions in AADI BIOSCIENCE INC COM (AADI), CLOVER HEALTH INVESTMENTS CORP COM CL A (CLOV) and FLUIDIGM CORPORATION ISIN US34385P1084 SEDOL B3D7WF7 (LAB). Parallel Advisors, LLC opened new stock positions in BLACKROCK FLEXIBLE INCOME ETF (HYMU), PIMCO MUN INCOME FD II COM and RXSIGHT INC COM (RXST). The fund showed a lot of confidence in some stocks as they added substantially to 4D MOLECULAR THERAPEUTICS INC COM (FDMT), VIMEO INC COMMON STOCK (VMEO) and BLACKROCK U.S. EQUITY FACTOR ROTATION ETF (BECO).
The top stock holdings of Parallel Advisors, LLC are IJR, IJR, AAPL. The fund has invested 8.9% of it's portfolio in ISHARES S&P 500 INDEX and 8.1% of portfolio in ISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF.
The fund managers got completely rid off WESBANCO INC COM (WSBC), ENTERPRISE FINL SVCS CORP COM (EFSC) and SHOCKWAVE MED INC COM (SWAV) stocks. They significantly reduced their stock positions in AADI BIOSCIENCE INC COM (AADI), CLOVER HEALTH INVESTMENTS CORP COM CL A (CLOV) and FLUIDIGM CORPORATION ISIN US34385P1084 SEDOL B3D7WF7 (LAB). Parallel Advisors, LLC opened new stock positions in BLACKROCK FLEXIBLE INCOME ETF (HYMU), PIMCO MUN INCOME FD II COM and RXSIGHT INC COM (RXST). The fund showed a lot of confidence in some stocks as they added substantially to 4D MOLECULAR THERAPEUTICS INC COM (FDMT), VIMEO INC COMMON STOCK (VMEO) and BLACKROCK U.S. EQUITY FACTOR ROTATION ETF (BECO).
Parallel Advisors, LLC Equity Portfolio Value
Last Reported on: 08 Aug, 2024
Parallel Advisors, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Parallel Advisors, LLC made a return of 3.19% in the last quarter. In trailing 12 months, it's portfolio return was 14.92%.
New Buys
| Ticker | $ Bought |
|---|---|
| blackrock flexible income etf | 1,283,920 |
| pimco mun income fd ii com | 909,085 |
| ge vernova inc com | 669,575 |
New stocks bought by Parallel Advisors, LLC
Additions
| Ticker | % Inc. |
|---|---|
| blackrock u.s. equity factor rotation etf | 22,105 |
| spdr bloomberg 3-12 month t-bill etf | 6,349 |
| fidelity total bond etf | 2,021 |
| spdr portfolio s&p 500 high dividend etf | 1,137 |
| microstrategy inc cl a new | 769 |
| gmo u.s. quality etf | 482 |
| ishares u.s. equity factor etf | 431 |
| hdfc bk ltd adr repstg 3 shs | 325 |
Additions to existing portfolio by Parallel Advisors, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| ishares msci usa quality factor etf | -58.96 |
| diageo plc | -42.5 |
| ishares trs&p short term natl municipal bd fd | -29.67 |
| ishares tr lehman short trea bdfd | -23.2 |
| ishares u.s. medical devices etf | -22.2 |
| ishares msci emerging markets ex china etf | -21.38 |
| boeing co com | -21.28 |
| ishares msci eafe growth etf | -18.74 |
Parallel Advisors, LLC reduced stake in above stock
Sold off
Sector Distribution
Parallel Advisors, LLC has about 50.5% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 50.5 |
| Technology | 16.1 |
| Healthcare | 8.2 |
| Financial Services | 5.3 |
| Communication Services | 4.9 |
| Consumer Cyclical | 4.5 |
| Consumer Defensive | 3.3 |
| Industrials | 3.2 |
| Energy | 1.3 |
Market Cap. Distribution
Parallel Advisors, LLC has about 41.9% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 50.5 |
| MEGA-CAP | 24.7 |
| LARGE-CAP | 17.2 |
| MID-CAP | 6.7 |
Stocks belong to which Index?
About 45.4% of the stocks held by Parallel Advisors, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 54.6 |
| S&P 500 | 39.3 |
| RUSSELL 2000 | 6.1 |
Parallel Advisors, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Parallel Advisors, LLC
Parallel Advisors, LLC has 3299 stocks in it's portfolio. About 36.1% of the portfolio is in top 10 stocks. CMG proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Parallel Advisors, LLC last quarter.
Last Reported on: 08 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent tech inc | 0.02 | 5,983 | 775,614 | reduced | -2.6 | ||
| AAPL | apple inc | 4.41 | 816,873 | 172,050,000 | added | 4.71 | ||
| AAXJ | ishares international select dividend etf | 0.40 | 558,811 | 15,462,300 | reduced | -8.27 | ||
| AAXJ | ishares iboxx high yield corporate bond etf | 0.31 | 157,926 | 12,182,400 | added | 0.47 | ||
| AAXJ | ishares tr lehman short trea bdfd | 0.20 | 71,918 | 7,946,940 | reduced | -23.2 | ||
| AAXJ | ishares tr msci acwiindex fd | 0.17 | 58,226 | 6,544,610 | reduced | -0.76 | ||
| AAXJ | ishares tr s&p calif mun bd fd | 0.13 | 88,133 | 5,013,000 | reduced | -4.14 | ||
| AAXJ | ishares jp morgan usd emerging markets bond etf | 0.11 | 46,627 | 4,125,560 | added | 3.32 | ||
| AAXJ | ishares s&p u.s. preferred stock etf | 0.10 | 120,513 | 3,802,190 | reduced | -7.49 | ||
| AAXJ | ishares national muni bond etf | 0.09 | 32,025 | 3,412,260 | added | 25.67 | ||
| AAXJ | ishares 1-3 yr credit bond etf | 0.08 | 60,305 | 3,090,020 | added | 0.7 | ||
| AAXJ | ishares 10-20 year treasury bond etf | 0.07 | 28,141 | 2,890,110 | reduced | -12.9 | ||
| AAXJ | ishares mbs etf | 0.05 | 22,577 | 2,072,810 | added | 13.85 | ||
| AAXJ | ishares u.s. medical devices etf | 0.03 | 23,176 | 1,298,800 | reduced | -22.2 | ||
| AAXJ | ishares tr dow jonesus aerospace & def | 0.03 | 9,586 | 1,265,790 | reduced | -3.7 | ||
| AAXJ | ishares trs&p short term natl municipal bd fd | 0.02 | 8,705 | 910,108 | reduced | -29.67 | ||
| AAXJ | ishares msci eafe growth etf | 0.02 | 6,770 | 692,538 | reduced | -18.74 | ||
| ABBV | abbvie inc com | 0.48 | 110,107 | 18,885,500 | reduced | -1.2 | ||
| ABC | cencora inc com | 0.03 | 4,961 | 1,117,690 | added | 6.41 | ||
| ABNB | airbnb inc com cl a | 0.08 | 20,754 | 3,146,870 | reduced | -5.99 | ||