Latest Avestar Capital, LLC Stock Portfolio

$953Million– No. of Holdings #413

Avestar Capital, LLC Performance:

2024 Q1: 3.06%YTD: 3.06%2023: 19.12%

Performance for 2024 Q1 is 3.06%, and YTD is 3.06%, and 2023 is 19.12%.

About Avestar Capital, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Avestar Capital, LLC reported an equity portfolio of $953.7 Millions as of 31 Mar, 2024.

The top stock holdings of Avestar Capital, LLC are GOOG, AAPL, GSY. The fund has invested 5.6% of it's portfolio in ALPHABET INC and 4.8% of portfolio in APPLE INC.

The fund managers got completely rid off SPDR INDEX SHS FDS (CWI), INDEXIQ ETF TR (AGGP) and FIRST TR EXCH TRADED FD III (FCAL) stocks. They significantly reduced their stock positions in ISHARES TR (AGG), DIMENSIONAL ETF TRUST (DFAC) and PROSHARES TR (ANEW). Avestar Capital, LLC opened new stock positions in ISHARES TR (AGG), VANGUARD TAX-MANAGED FDS (VEA) and LITMAN GREGORY FDS TR (DBEH). The fund showed a lot of confidence in some stocks as they added substantially to INVESCO EXCHANGE TRADED FD T (CSD), NOVO-NORDISK A S (NVO) and ISHARES TR (AGG).

Avestar Capital, LLC Equity Portfolio Value

Last Reported on: 10 May, 2024

Avestar Capital, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Avestar Capital, LLC made a return of 3.06% in the last quarter. In trailing 12 months, it's portfolio return was 14.83%.

New Buys

Ticker	$ Bought
ishares tr	7,705,450
ishares tr	7,078,300
vanguard tax-managed fds	6,551,350
litman gregory fds tr	4,775,910
simplify exchange traded fun	4,360,850
ishares tr	3,704,680
vanguard intl equity index f	2,863,840
ishares bitcoin tr	2,581,820

New stocks bought by Avestar Capital, LLC

Additions

Ticker	% Inc.
invesco exchange traded fd t	1,046
novo-nordisk a s	736
ishares tr	290
vanguard index fds	281
invesco exch traded fd tr ii	245
humana inc	203
invesco actively managed etf	178
first tr exchange-traded fd	178

Additions to existing portfolio by Avestar Capital, LLC

Reductions

Ticker	% Reduced
ishares tr	-93.84
dimensional etf trust	-79.78
proshares tr	-74.79
ishares tr	-65.87
schwab strategic tr	-57.41
ishares tr	-56.97
vanguard index fds	-55.89
vanguard index fds	-52.07

Avestar Capital, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
spdr index shs fds	-4,956,050
wisdomtree tr	-2,295,810
indexiq etf tr	-3,698,610
investment managers ser tr i	-2,573,350
first tr exch traded fd iii	-2,686,860
davis fundamental etf tr	-1,356,700
ishares u s etf tr	-1,340,680
first tr exch traded fd iii	-1,284,900

Avestar Capital, LLC got rid off the above stocks

Sector Distribution

Avestar Capital, LLC has about 52.7% of it's holdings in Others sector.

Sector	%
Others	52.7
Technology	16.8
Communication Services	10.9
Consumer Cyclical	4.9
Healthcare	4
Financial Services	3.3
Industrials	2.6
Consumer Defensive	2.2

Market Cap. Distribution

Avestar Capital, LLC has about 45.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	52.7
MEGA-CAP	30.4
LARGE-CAP	15.3

Stocks belong to which Index?

About 0% of the stocks held by Avestar Capital, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	100

Top 5 Winners (%)		%
SMCI	super micro computer inc	229.9 %
VTYX	ventyx biosciences inc	122.7 %
NVDA	nvidia corporation	71.5 %
SOUN	soundhound ai inc	54.2 %
SWAV	shockwave med inc	53.2 %

Top 5 Winners ($)		$
NVDA	nvidia corporation	7.5 M
META	meta platforms inc	6.1 M
GOOG	alphabet inc	4.0 M
AMZN	amazon com inc	3.2 M
ANET	arista networks inc	2.3 M

Top 5 Losers (%)		%
AGG	ishares tr	-51.9 %
AGL	agilon health inc	-51.4 %
ODFL	old dominion freight line in	-46.3 %
SNAP	snap inc	-31.4 %
TSLA	tesla inc	-28.2 %

Top 5 Losers ($)		$
AGG	ishares tr	-9.5 M
AAPL	apple inc	-5.5 M
TSLA	tesla inc	-2.4 M
AMPS	ishares tr	-0.6 M
ADBE	adobe inc	-0.2 M

Avestar Capital, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Avestar Capital, LLC

Avestar Capital, LLC has 413 stocks in it's portfolio. About 30% of the portfolio is in top 10 stocks. AGG proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Avestar Capital, LLC last quarter.

Last Reported on: 10 May, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	4.82	268,055	45,966,200	added	6.00

AAXJ	ishares tr	0.39	35,694	3,704,680	new

AAXJ	ishares tr	0.09	7,700	848,001	reduced	-56.97

AAXJ	ishares tr	0.07	12,827	684,834	reduced	-6.62

AAXJ	ishares tr	0.04	3,774	417,178	reduced	-65.87

ABBV	abbvie inc	0.20	10,618	1,933,620	added	20.88

ABNB	airbnb inc	0.12	6,805	1,122,550	added	19.01

ABT	abbott labs	0.10	8,017	911,324	added	30.89

ACN	accenture plc ireland	0.12	3,219	1,115,740	added	40.14

ACWF	ishares tr	1.87	352,615	17,828,200	reduced	-24.43

ACWF	ishares tr	0.23	72,624	2,167,100	added	67.63

ACWV	ishares inc	0.18	31,021	1,755,480	new

ADBE	adobe inc	0.15	2,845	1,435,590	added	16.46

ADI	analog devices inc	0.09	4,446	879,374	added	13.91

ADP	automatic data processing in	0.04	1,711	429,596	added	19.65

ADSK	autodesk inc	0.08	2,975	774,750	added	7.05

AEMB	american centy etf tr	0.12	26,614	1,138,810	added	170

AEMB	american centy etf tr	0.08	8,993	804,874	reduced	-6.94

AEP	american elec pwr co inc	0.04	4,942	425,521	added	76.00

AFK	vaneck etf trust	0.66	69,583	6,311,180	added	32.16