Veritable, L.P.
CIK
1300311
Location
Newtown Square, PA
Portfolio Value
Mid
$6,424,456,127
Diversification
Diversified
Filing Date
Global Rank
#503
/ 7,034
▼ 12
· as of Jun 2023
Top Industry
Consumer Electronics
7.9%
Period ended 3 years ago
Filed Aug 9, 2023 · 3y
14 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Unknown
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2023, never from the firm's own description.
Style
Concentrated
The top 10 positions are 72.8% of the book (60%+)
Turnover
Low turnover
9.3% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 13.7 quarters (12+), a floor since 96.6% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 66.0%; sector active share 60.8% against the combined 13F book's sector weights.
Over time 14 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
876 tracked positions · as of Jun 30, 2023 · Δ vs Mar 31, 2023Top Position
28.8%
−0.0 pts
Top 5
65.4%
+0.3 pts
Top 10
74.0%
+0.5 pts
HHI
1,289
Diversified+11
Portfolio Trend
14 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 74.6% | $4,793,845,265 |
| Technology | 6.3% | $403,552,611 |
| Financial Services | 4.4% | $281,253,857 |
| Healthcare | 3.1% | $199,845,300 |
| Consumer Defensive | 2.5% | $161,968,971 |
| Consumer Cyclical | 2.3% | $145,540,753 |
| Communication Services | 2.2% | $143,206,971 |
| Industrials | 2.0% | $125,316,118 |
| Energy | 1.1% | $69,138,230 |
| Basic Materials | 0.7% | $42,631,187 |
| Utilities | 0.5% | $32,896,824 |
| Real Estate | 0.4% | $25,260,040 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SCHY | Schwab International Dividend Equity ETF | +81,560 | 377,242 | $9,031,173 | |
| DFAS | Dimensional U.S. Small Cap ETF | +58,641 | 171,840 | $9,416,832 | |
| BMY | Bristol Myers Squibb Co | +49,997 | 129,154 | $8,259,398 | |
| F | Ford Motor Co | +43,504 | 222,038 | $3,359,434 | |
| VYM | VANGUARD HIGH DIVIDEND YIELD INDEX FUND | +42,604 | 1,412,958 | $149,872,455 | |
| BTT | BlackRock Municipal 2030 Target Term Trust | +41,073 | 232,375 | $4,828,752 | |
| SDY | State Street(R) SPDR(R) S&P(R) Dividend ETF | +36,496 | 780,010 | $95,613,625 | |
| PG | PROCTER & GAMBLE Co | +31,702 | 357,351 | $54,224,440 | |
| DFLV | Dimensional US Large Cap Value ETF | +31,605 | 55,565 | $1,411,351 | |
| VEU | Vanguard International Equity Index Funds | +26,086 | 157,764 | $8,583,939 | |
| SCHD | Schwab U.S. Dividend Equity ETF | +22,375 | 299,132 | $21,722,995 | |
| IJR | iShares Core S&P Small-Cap ETF | +21,633 | 1,099,823 | $109,597,361 | |
| IJH | iShares Core S&P Mid-Cap ETF | +16,138 | 1,204,993 | $315,081,569 | |
| IEFA | iShares Core MSCI EAFE ETF | +13,367 | 31,932 | $2,155,410 | |
| VTI | VANGUARD TOTAL STOCK MARKET INDEX FUND | +13,178 | 263,372 | $58,015,584 | |
| VIOO | VANGUARD S&P SMALL-CAP 600 INDEX FUND | +12,923 | 23,972 | $2,202,787 | |
| VBR | VANGUARD SMALL-CAP VALUE INDEX FUND | +12,020 | 63,283 | $10,467,008 | |
| — | +11,100 | 350,340 | $12,671,797 | ||
| VO | VANGUARD MID-CAP INDEX FUND | +10,987 | 319,853 | $70,418,836 | |
| WU | Western Union CO | +10,188 | 39,334 | $461,387 | |
| — | +9,559 | 36,954 | $934,936 | ||
| IWM | iShares Russell 2000 ETF | +8,974 | 725,712 | $135,904,086 | |
| IVV | iShares Core S&P 500 ETF | +8,837 | 1,352,254 | $602,713,130 | |
| VTIP | VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND | +7,935 | 32,811 | $1,555,897 | |
| BRK-B | Berkshire Hathaway Inc | +7,114 | 186,277 | $63,520,457 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SG | Sweetgreen, Inc. | −53,525 | 694,102 | $8,898,387 | |
| IWR | iShares Russell Mid-Cap ETF | −48,657 | 2,038,798 | $148,893,417 | |
| IEMG | iShares Trust | −47,632 | 388,944 | $0 | |
| ICLN | iShares Global Clean Energy ETF | −33,606 | 308,295 | $5,672,628 | |
| AMZN | Amazon Com Inc | −30,740 | 238,844 | $31,135,703 | |
| DFUV | Dimensional U.S. Marketwide Value ETF | −28,530 | 129,873 | $4,480,618 | |
| AAPL | Apple Inc. | −27,728 | 666,630 | $129,306,221 | |
| T | At&T Inc. | −27,049 | 170,066 | $2,712,552 | |
| TSLA | Tesla, Inc. | −25,720 | 44,455 | $11,636,985 | |
| VEA | Vanguard FTSE Developed Markets ETF | −24,697 | 810,947 | $37,449,532 | |
| EFA | iShares MSCI EAFE ETF | −21,815 | 504,552 | $36,580,020 | |
| — | −17,998 | 75,563 | $2,915,221 | ||
| VZ | Verizon Communications Inc | −17,903 | 120,844 | $4,494,188 | |
| USB | US Bancorp De | −16,937 | 70,796 | $2,339,099 | |
| SPY | Spdr S&P 500 ETF Trust | −16,018 | 1,711,984 | $758,888,267 | |
| IBM | International Business Machines Corp | −14,608 | 37,558 | $5,025,635 | |
| IWB | iShares Russell 1000 ETF | −12,961 | 1,163,456 | $283,580,765 | |
| IYZ | iShares U.S. Telecommunications ETF | −12,625 | 23,432 | $517,847 | |
| INTC | Intel Corp | −12,512 | 154,344 | $5,161,263 | |
| XLU | State Street(R) Utilities Select Sector SPDR(R) ETF | −12,437 | 303,693 | $19,873,669 | |
| BSVO | EA Bridgeway Omni Small-Cap Value ETF | −12,399 | 16,897 | $301,273 | |
| QCLN | First Trust NASDAQ Clean Edge Green Energy Index Fund | −12,275 | 6,103 | $312,229 | |
| HBAN | Huntington Bancshares Inc | −11,983 | 29,129 | $314,010 | |
| GOOG | Alphabet Inc. | −11,523 | 284,080 | $34,365,157 | |
| CSCO | Cisco Systems, Inc. | −11,508 | 258,894 | $13,395,175 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CP | Canadian Pacific Kansas City Ltd | 23,434 | $1,892,764 | |
| VTHR | VANGUARD RUSSELL 3000 INDEX FUND | 3,995 | $788,812 | |
| STIP | iShares 0-5 Year TIPS Bond ETF | 5,718 | $558,076 | |
| WAL | Western Alliance Bancorporation | 10,304 | $375,786 | |
| EWZ | iShares MSCI Brazil ETF | 11,555 | $374,728 | |
| ARHS | Arhaus, Inc. | 34,920 | $364,215 | |
| AVTR | Avantor, Inc. | 14,350 | $294,749 | |
| MSA | MSA Safety Inc | 1,580 | $274,856 | |
| CSGP | Costar Group, Inc. | 3,011 | $267,979 | |
| DELL | Dell Technologies Inc. | 4,766 | $257,888 | |
| VMI | Valmont Industries Inc | 880 | $256,124 | |
| PNW | Pinnacle West Capital Corp | 3,127 | $254,725 | |
| DMLP | Dorchester Minerals, L.P. | 8,480 | $254,060 | |
| USFD | US Foods Holding Corp. | 5,635 | $247,940 | |
| EQT | EQT Corp | 5,886 | $242,091 | |
| — | 6,414 | $241,680 | ||
| SBR | Sabine Royalty Trust | 3,617 | $238,504 | |
| LAD | Lithia Motors Inc | 783 | $238,118 | |
| OC | Owens Corning | 1,821 | $237,640 | |
| FLEX | Flex Ltd. | 8,469 | $234,082 | |
| SNOW | Snowflake Inc. | 1,283 | $225,782 | |
| GATX | Gatx Corp | 1,753 | $225,681 | |
| AN | Autonation, Inc. | 1,355 | $223,046 | |
| CCEP | COCA-COLA EUROPACIFIC PARTNERS plc | 3,202 | $206,304 | |
| ARMK | Aramark | 4,783 | $205,907 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| BSY | Bentley Systems Inc | 12,235 | $525,982 | |
| IXJ | iShares Global Healthcare ETF | 6,003 | $500,410 | |
| ERTH | Victory Portfolios II | 8,290 | $407,121 | |
| CFG | Citizens Financial Group Inc | 10,803 | $328,087 | |
| AXON | Axon Enterprise, Inc. | 1,366 | $307,145 | |
| FHN | First Horizon Corp | 17,072 | $303,540 | |
| AAP | Advance Auto Parts Inc | 2,282 | $277,514 | |
| AA | Alcoa Corp | 6,322 | $269,064 | |
| — | 1,142 | $261,370 | ||
| EPAM | EPAM Systems, Inc. | 874 | $261,326 | |
| BJ | BJ's Wholesale Club Holdings, Inc. | 3,418 | $260,007 | |
| SIG | Signet Jewelers Ltd | 3,335 | $259,396 | |
| — | 6,564 | $258,752 | ||
| ZION | Zions Bancorporation, National Association | 8,495 | $254,255 | |
| — | 6,257 | $248,340 | ||
| FLO | Flowers Foods Inc | 8,537 | $233,999 | |
| JEF | Jefferies Financial Group Inc. | 7,255 | $230,273 | |
| WFG | West Fraser Timber Co., Ltd | 3,077 | $219,205 | |
| CYRX | Cryoport, Inc. | 8,995 | $215,880 | |
| REXR | Rexford Industrial Realty, Inc. | 3,586 | $213,904 | |
| SMG | Scotts Miracle-Gro Co | 2,965 | $206,779 | |
| JLL | Jones Lang Lasalle Inc | 1,420 | $206,595 | |
| PODD | Insulet Corp | 642 | $204,772 | |
| — | 3,111 | $204,424 | ||
| CBSH | Commerce Bancshares Inc | 3,678 | $204,391 | |
| No positions match the current search. | ||||
876 tracked positions ·
$6,424,456,127 total
· filing declares
891 positions · $6,461,222,653
· as of Jun 30, 2023
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 876 positions by value
· page 1 of 18
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| SPY |
Spdr S&P 500 ETF Trust
PUT
+ SHARES
|
Reduced | 2,375,484 | $1,053,004,547 | 16.39% | |
| IVV |
iShares Core S&P 500 ETF
|
Added | 1,352,254 | $602,713,130 | 9.38% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Reduced | 1,254,616 | $510,980,004 | 7.95% | |
| MDY |
Spdr S&P Midcap 400 ETF Trust
|
Reduced | 966,257 | $462,750,139 | 7.20% | |
| IJH |
iShares Core S&P Mid-Cap ETF
|
Added | 1,204,993 | $315,081,569 | 4.90% | |
| IWB |
iShares Russell 1000 ETF
|
Reduced | 1,163,456 | $283,580,765 | 4.41% | |
| VYM |
VANGUARD HIGH DIVIDEND YIELD INDEX FUND
|
Added | 1,412,958 | $149,872,455 | 2.33% | |
| IWR |
iShares Russell Mid-Cap ETF
|
Reduced | 2,038,798 | $148,893,417 | 2.32% | |
| IWM |
iShares Russell 2000 ETF
|
Added | 725,712 | $135,904,086 | 2.12% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 666,630 | $129,306,221 | 2.01% | |
| IJR |
iShares Core S&P Small-Cap ETF
|
Added | 1,099,823 | $109,597,361 | 1.71% | |
| SDY |
State Street(R) SPDR(R) S&P(R) Dividend ETF
|
Added | 780,010 | $95,613,625 | 1.49% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 277,749 | $94,584,644 | 1.47% | |
| VO |
VANGUARD MID-CAP INDEX FUND
|
Added | 319,853 | $70,418,836 | 1.10% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 186,277 | $63,520,457 | 0.99% | |
| VTI |
VANGUARD TOTAL STOCK MARKET INDEX FUND
|
Added | 263,372 | $58,015,584 | 0.90% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 357,351 | $54,224,440 | 0.84% | |
| VEA |
Vanguard FTSE Developed Markets ETF
|
Reduced | 810,947 | $37,449,532 | 0.58% | |
| EFA |
iShares MSCI EAFE ETF
|
Reduced | 504,552 | $36,580,020 | 0.57% | |
| CMCSA |
Comcast Corp
Communication Services
|
Reduced | 859,881 | $35,728,095 | 0.56% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 284,080 | $34,365,157 | 0.53% | |
|
|
Reduced | 222,026 | $31,261,260 | 0.49% | ||
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 238,844 | $31,135,703 | 0.48% | |
| XLK |
State Street(R) Technology Select Sector SPDR(R) ETF
|
Reduced | 174,292 | $30,302,407 | 0.47% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 71,408 | $30,207,012 | 0.47% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Added | 150,154 | $24,853,490 | 0.39% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 168,916 | $24,567,143 | 0.38% | |
| EFV |
iShares MSCI EAFE Value ETF
|
Reduced | 497,441 | $24,344,762 | 0.38% | |
| BRK-A |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 47 | $24,337,070 | 0.38% | |
| MA |
Mastercard Inc
Financial Services
|
Reduced | 58,224 | $22,899,499 | 0.36% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 182,166 | $21,805,270 | 0.34% | |
| SCHD |
Schwab U.S. Dividend Equity ETF
|
Added | 299,132 | $21,722,995 | 0.34% | |
| IWO |
iShares Russell 2000 Growth ETF
|
Reduced | 87,564 | $21,248,280 | 0.33% | |
| IVW |
iShares S&P 500 Growth ETF
|
Reduced | 292,442 | $20,611,312 | 0.32% | |
| IYR |
iShares U.S. Real Estate ETF
|
Reduced | 229,908 | $19,896,238 | 0.31% | |
| XLU |
State Street(R) Utilities Select Sector SPDR(R) ETF
|
Reduced | 303,693 | $19,873,669 | 0.31% | |
| IVE |
iShares S&P 500 Value ETF
|
Reduced | 121,051 | $19,512,210 | 0.30% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Reduced | 150,041 | $17,313,230 | 0.27% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Reduced | 90,422 | $16,747,962 | 0.26% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Added | 52,823 | $16,408,936 | 0.26% | |
| IWF |
iShares Russell 1000 Growth ETF
|
Added | 58,091 | $15,985,481 | 0.25% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Added | 115,021 | $15,496,779 | 0.24% | |
| CVX |
Chevron Corp
Energy
|
Added | 97,884 | $15,402,047 | 0.24% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 63,267 | $15,024,647 | 0.23% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Reduced | 139,226 | $14,931,988 | 0.23% | |
| VNQ |
VANGUARD REAL ESTATE INDEX FUND
|
Reduced | 175,854 | $14,694,360 | 0.23% | |
| XLY |
State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF
|
Added | 86,336 | $14,660,716 | 0.23% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 51,055 | $14,651,763 | 0.23% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Reduced | 241,804 | $14,561,436 | 0.23% | |
| OEF |
iShares S&P 100 ETF
|
Reduced | 67,259 | $13,926,648 | 0.22% |
Showing the top 50 of 876 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.