Latest Innova Wealth Partners Stock Portfolio
$139Million– No. of Holdings #81
Innova Wealth Partners Performance:
2024 Q2: 0.87%YTD: 5.89%2023: 4.89%
Performance for 2024 Q2 is 0.87%, and YTD is 5.89%, and 2023 is 4.89%.
About Innova Wealth Partners and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Innova Wealth Partners reported an equity portfolio of $139.8 Millions as of 30 Jun, 2024.
The top stock holdings of Innova Wealth Partners are SPY, IJR, DBEH. The fund has invested 7% of it's portfolio in SPDR S&P 500 ETF TR and 5.2% of portfolio in ISHARES TR.
The fund managers got completely rid off INVESCO ACTVELY MNGD ETC FD (PDBC), PROSHARES TR (EET) and AMGEN INC (AMGN) stocks. They significantly reduced their stock positions in ISHARES INC (EMGF), ISHARES TR (IJR) and EXXON MOBIL CORP (XOM). Innova Wealth Partners opened new stock positions in ISHARES TR (IJR), TIDAL TR II and PROSHARES TR (EET). The fund showed a lot of confidence in some stocks as they added substantially to TIDAL TR II, VANGUARD INDEX FDS (VB) and ISHARES TR (IJR).
The top stock holdings of Innova Wealth Partners are SPY, IJR, DBEH. The fund has invested 7% of it's portfolio in SPDR S&P 500 ETF TR and 5.2% of portfolio in ISHARES TR.
The fund managers got completely rid off INVESCO ACTVELY MNGD ETC FD (PDBC), PROSHARES TR (EET) and AMGEN INC (AMGN) stocks. They significantly reduced their stock positions in ISHARES INC (EMGF), ISHARES TR (IJR) and EXXON MOBIL CORP (XOM). Innova Wealth Partners opened new stock positions in ISHARES TR (IJR), TIDAL TR II and PROSHARES TR (EET). The fund showed a lot of confidence in some stocks as they added substantially to TIDAL TR II, VANGUARD INDEX FDS (VB) and ISHARES TR (IJR).
Innova Wealth Partners Equity Portfolio Value
Last Reported on: 13 Aug, 2024
Innova Wealth Partners Annual Return Estimates Vs S&P 500
Our best estimate is that Innova Wealth Partners made a return of 0.87% in the last quarter. In trailing 12 months, it's portfolio return was 7.84%.
New Buys
| Ticker | $ Bought |
|---|---|
| ishares tr | 893,387 |
| tidal tr ii | 813,594 |
| ishares tr | 313,563 |
| proshares tr | 296,833 |
| novo-nordisk a s | 290,761 |
| walmart inc | 264,069 |
| invesco exchange traded fd t | 219,393 |
| qualcomm inc | 212,183 |
New stocks bought by Innova Wealth Partners
Additions
| Ticker | % Inc. |
|---|---|
| tidal tr ii | 282 |
| vanguard index fds | 193 |
| tidal tr ii | 165 |
| ishares tr | 161 |
| vanguard specialized funds | 121 |
| spdr s&p 500 etf tr | 106 |
| vanguard index fds | 102 |
| procter and gamble co | 73.68 |
Additions to existing portfolio by Innova Wealth Partners
Reductions
| Ticker | % Reduced |
|---|---|
| ishares inc | -73.31 |
| ishares tr | -69.96 |
| ishares tr | -66.37 |
| exxon mobil corp | -47.00 |
| spdr gold tr | -31.54 |
| vaneck etf trust | -15.3 |
| ishares tr | -14.98 |
| vaneck etf trust | -14.15 |
Innova Wealth Partners reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| invesco actvely mngd etc fd | -649,893 |
| proshares tr | -271,286 |
| realty income corp | -201,549 |
| proshares tr ii | -220,610 |
| disney walt co | -219,204 |
| amgen inc | -241,103 |
Innova Wealth Partners got rid off the above stocks
Sector Distribution
Innova Wealth Partners has about 89.6% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 89.6 |
| Technology | 3.8 |
| Healthcare | 2.2 |
| Consumer Defensive | 1.2 |
| Consumer Cyclical | 1.2 |
Market Cap. Distribution
Innova Wealth Partners has about 10% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 89.6 |
| MEGA-CAP | 8.8 |
| LARGE-CAP | 1.2 |
Stocks belong to which Index?
About 10.2% of the stocks held by Innova Wealth Partners either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 89.7 |
| S&P 500 | 10.2 |
Innova Wealth Partners Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Innova Wealth Partners
Innova Wealth Partners has 81 stocks in it's portfolio. About 43.1% of the portfolio is in top 10 stocks. XLB proved to be the most loss making stock for the portfolio. XLB was the most profitable stock for Innova Wealth Partners last quarter.
Last Reported on: 13 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 1.54 | 10,233 | 2,155,270 | added | 15.59 | ||
| AAXJ | ishares tr | 0.56 | 7,116 | 786,318 | reduced | -14.98 | ||
| AAXJ | ishares tr | 0.31 | 4,100 | 436,855 | reduced | -11.83 | ||
| ABBV | abbvie inc | 0.58 | 4,721 | 809,700 | added | 1.75 | ||
| AFK | vaneck etf trust | 0.34 | 21,076 | 471,470 | reduced | -10.6 | ||
| AGQ | proshares tr ii | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMGN | amgen inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMZN | amazon com inc | 0.41 | 2,997 | 579,170 | reduced | -9.4 | ||
| BIB | proshares tr | 1.49 | 25,144 | 2,076,890 | reduced | -1.06 | ||
| BIB | proshares tr | 0.46 | 6,400 | 638,784 | added | 13.86 | ||
| BIB | proshares tr | 0.40 | 15,094 | 561,950 | added | 3.25 | ||
| BOB | ea series trust | 2.43 | 31,554 | 3,402,000 | added | 72.3 | ||
| BRZU | direxion shs etf tr | 0.20 | 5,634 | 273,249 | reduced | -9.41 | ||
| BUZZ | vaneck etf trust | 0.25 | 6,675 | 344,764 | reduced | -14.15 | ||
| BUZZ | vaneck etf trust | 0.18 | 5,535 | 253,724 | reduced | -15.3 | ||
| CMCSA | comcast corp new | 0.15 | 5,413 | 211,973 | reduced | -0.95 | ||
| COST | costco whsl corp new | 0.15 | 247 | 209,948 | new | |||
| CSD | invesco exchange traded fd t | 0.16 | 2,211 | 219,393 | new | |||
| CVX | chevron corp new | 0.22 | 1,976 | 309,086 | added | 4.00 | ||
| DBC | invesco db commdy indx trck | 0.20 | 12,141 | 282,034 | reduced | -6.18 | ||