Noven Financial Group, Inc.
CIK
1536442
Location
DENVER, CO
Portfolio Value
Micro
$5,261,015
Diversification
Highly concentrated
Filing Date
Mar 31, 2020
Global Rank
#5,045
/ 5,300
Top Industry
Insurance - Diversified
66.2%
3Y Alpha vs SPY
-6.0%
Period ended 6 years ago
Filed May 1, 2020 · 6y
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+51.1%
SPY
+76.3%
Annualised alpha
-6.0%
Max drawdown
−10.8%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
7 positions · as of Mar 31, 2020Top Position
66.2%
of portfolio value
Top 5
99.1%
of portfolio value
Top 10
100.0%
of portfolio value
HHI
4,676
Highly concentrated
Sector Breakdown
As of Mar 31, 2020| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 66.2% | $3,482,911 |
| Communication Services | 10.8% | $567,770 |
| Real Estate | 10.4% | $545,132 |
| Technology | 7.5% | $394,213 |
| Consumer Cyclical | 5.2% | $270,989 |
7 positions ·
$5,261,015 total
· as of Mar 31, 2020
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
First | 19,050 | $3,482,911 | 66.20% | |
| WPC |
W. P. Carey Inc.
Real Estate
|
First | 9,583 | $545,132 | 10.36% | |
| META |
Meta Platforms, Inc.
Communication Services
|
First | 3,265 | $544,602 | 10.35% | |
| AAPL |
Apple Inc.
Technology
|
First | 6,201 | $394,213 | 7.49% | |
| BBY |
Best Buy Co Inc
Consumer Cyclical
|
First | 4,354 | $248,178 | 4.72% | |
| NFLX |
Netflix Inc
Communication Services
|
First | 617 | $23,168 | 0.44% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
First | 234 | $22,811 | 0.43% |