Financial Advantage, Inc.
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Sep 30, 2023, never from the firm's own description.
Closest benchmark: every 13F filer's combined book, active share 88.8%; sector active share 24.7% against the combined 13F book's sector weights.
Over time 15 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
33 tracked positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023Portfolio Trend
Sector Breakdown
As of Sep 30, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 24.5% | $15,932,318 |
| Communication Services | 15.6% | $10,159,170 |
| Financial Services | 12.3% | $8,024,122 |
| Consumer Cyclical | 10.2% | $6,616,436 |
| Industrials | 9.8% | $6,370,687 |
| Healthcare | 9.6% | $6,233,368 |
| Consumer Defensive | 5.0% | $3,264,223 |
| Technology | 4.2% | $2,756,759 |
| Energy | 3.8% | $2,498,900 |
| Utilities | 3.2% | $2,061,920 |
| Real Estate | 1.9% | $1,233,558 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedTrimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| FNB | Fnb Corp | −155,674 | 240,819 | $2,598,437 | |
| KMI | Kinder Morgan, Inc. | −89,166 | 135,570 | $2,247,750 | |
| ARCC | Ares Capital Corp | −52,894 | 80,023 | $1,558,047 | |
| T | At&T Inc. | −40,510 | 66,447 | $998,033 | |
| FOXA | Fox Corp | −34,364 | 50,199 | $1,566,208 | |
| CSCO | Cisco Systems, Inc. | −33,509 | 51,279 | $2,756,759 | |
| BMY | Bristol Myers Squibb Co | −33,181 | 51,049 | $2,962,883 | |
| USB | US Bancorp De | −30,756 | 47,675 | $1,576,135 | |
| GLD | Spdr Gold Trust | −25,051 | 37,630 | $6,451,663 | |
| TJX | Tjx Companies Inc | −24,489 | 37,385 | $3,322,778 | |
| GOOG | Alphabet Inc. | −24,328 | 36,705 | $4,839,554 | |
| DIS | Walt Disney Co | −22,347 | 33,996 | $2,755,375 | |
| SO | Southern Co | −19,896 | 28,205 | $1,825,427 | |
| ACGL | Arch Capital Group Ltd. | −18,817 | 28,748 | $2,291,503 | |
| RTX | RTX Corp | −15,846 | 24,327 | $1,750,814 | |
| SYY | Sysco Corp | −14,965 | 23,160 | $1,529,718 | |
| XBI | State Street(R) SPDR(R) S&P(R) Biotech ETF | −14,427 | 22,737 | $1,660,255 | |
| REG | Regency Centers Corp | −14,239 | 20,753 | $1,233,558 | |
| MDT | Medtronic plc | −13,964 | 21,831 | $1,710,677 | |
| IGV | iShares Expanded Tech-Software Sector ETF | −12,046 | 18,485 | $6,308,191 | |
| GPN | Global Payments Inc | −10,470 | 16,170 | $1,865,856 | |
| SJM | J M SMUCKER Co | −9,350 | 14,112 | $1,734,505 | |
| DGX | Quest Diagnostics Inc | −8,696 | 12,800 | $1,559,808 | |
| MMM | 3M Co | −6,530 | 10,309 | $965,128 | |
| UNP | Union Pacific Corp | −5,592 | 8,785 | $1,788,889 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| GLD |
Spdr Gold Trust
|
Reduced | 37,630 | $6,451,663 | 9.90% | |
| IGV |
iShares Expanded Tech-Software Sector ETF
|
Reduced | 18,485 | $6,308,191 | 9.68% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 36,705 | $4,839,554 | 7.43% | |
| TJX |
Tjx Companies Inc
Consumer Cyclical
|
Reduced | 37,385 | $3,322,778 | 5.10% | |
| BKNG |
Booking Holdings Inc.
Consumer Cyclical
|
Reduced | 1,068 | $3,293,658 | 5.06% | |
| BMY |
Bristol Myers Squibb Co
Healthcare
|
Reduced | 51,049 | $2,962,883 | 4.55% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 51,279 | $2,756,759 | 4.23% | |
| DIS |
Walt Disney Co
Communication Services
|
Reduced | 33,996 | $2,755,375 | 4.23% | |
| FNB |
Fnb Corp
Financial Services
|
Reduced | 240,819 | $2,598,437 | 3.99% | |
| ACGL |
Arch Capital Group Ltd.
Financial Services
|
Reduced | 28,748 | $2,291,503 | 3.52% | |
| KMI |
Kinder Morgan, Inc.
Energy
|
Reduced | 135,570 | $2,247,750 | 3.45% | |
| GPN |
Global Payments Inc
Industrials
|
Reduced | 16,170 | $1,865,856 | 2.86% | |
| SO |
Southern Co
Utilities
|
Reduced | 28,205 | $1,825,427 | 2.80% | |
| UNP |
Union Pacific Corp
Industrials
|
Reduced | 8,785 | $1,788,889 | 2.75% | |
| RTX |
RTX Corp
Industrials
|
Reduced | 24,327 | $1,750,814 | 2.69% | |
| SJM |
J M SMUCKER Co
Consumer Defensive
|
Reduced | 14,112 | $1,734,505 | 2.66% | |
| MDT |
Medtronic plc
Healthcare
|
Reduced | 21,831 | $1,710,677 | 2.63% | |
| XBI |
State Street(R) SPDR(R) S&P(R) Biotech ETF
|
Reduced | 22,737 | $1,660,255 | 2.55% | |
| USB |
US Bancorp De
Financial Services
|
Reduced | 47,675 | $1,576,135 | 2.42% | |
| FOXA |
Fox Corp
Communication Services
|
Reduced | 50,199 | $1,566,208 | 2.40% | |
| DGX |
Quest Diagnostics Inc
Healthcare
|
Reduced | 12,800 | $1,559,808 | 2.39% | |
| ARCC |
Ares Capital Corp
Financial Services
|
Reduced | 80,023 | $1,558,047 | 2.39% | |
| SYY |
Sysco Corp
Consumer Defensive
|
Reduced | 23,160 | $1,529,718 | 2.35% | |
| REG |
Regency Centers Corp
Real Estate
|
Reduced | 20,753 | $1,233,558 | 1.89% | |
| T |
At&T Inc.
Communication Services
|
Reduced | 66,447 | $998,033 | 1.53% | |
| MMM |
3M Co
Industrials
|
Reduced | 10,309 | $965,128 | 1.48% | |
| HTRB |
Hartford Total Return Bond ETF
|
Held | 15,570 | $499,641 | 0.77% | |
| VCSH |
VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND
|
Held | 4,080 | $306,612 | 0.47% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Reduced | 2,136 | $251,150 | 0.39% | |
| VV |
VANGUARD LARGE-CAP INDEX FUND
|
Reduced | 1,238 | $242,264 | 0.37% | |
| NEE |
Nextera Energy Inc
Utilities
|
Held | 4,128 | $236,493 | 0.36% | |
| VCIT |
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND
|
Held | 3,084 | $234,322 | 0.36% | |
| MBB |
iShares MBS ETF
|
Held | 2,583 | $229,370 | 0.35% |
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.