Noven Financial Group, 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 Mar 31, 2020, never from the firm's own description.
Closest benchmark: the S&P 500 as of 2020-03-31, active share 90.6%; sector active share 47.5% against the combined 13F book's sector weights.
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 Mar 31, 2020Sector Breakdown
As of Mar 31, 2020| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 67.6% | $24,746,152 |
| Financial Services | 22.5% | $8,231,802 |
| Technology | 4.3% | $1,576,852 |
| Communication Services | 2.1% | $776,285 |
| Consumer Cyclical | 1.9% | $704,412 |
| Real Estate | 1.5% | $556,580 |
| Healthcare | 0.0% | $13,589 |
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| VUG |
VANGUARD GROWTH INDEX FUND
|
First | 37,240 | $5,835,135 | 15.94% | |
| PGX |
Invesco Ltd.
Financial Services
|
First | 360,858 | $4,748,891 | 12.97% | |
| IAU |
Ishares Gold Trust
|
First | 242,246 | $3,650,647 | 9.97% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
First | 19,050 | $3,482,911 | 9.51% | |
| VOT |
VANGUARD MID-CAP GROWTH INDEX FUND
|
First | 27,320 | $3,461,170 | 9.46% | |
| SCHD |
Schwab U.S. Dividend Equity ETF
|
First | 71,626 | $3,221,730 | 8.80% | |
| VBK |
VANGUARD SMALL-CAP GROWTH INDEX FUND
|
First | 10,817 | $1,625,795 | 4.44% | |
| AAPL |
Apple Inc.
Technology
|
First | 6,201 | $1,576,852 | 4.31% | |
| VTI |
VANGUARD TOTAL STOCK MARKET INDEX FUND
|
First | 12,060 | $1,554,654 | 4.25% | |
| VHT |
VANGUARD HEALTH CARE INDEX FUND
|
First | 7,240 | $1,202,491 | 3.28% | |
| PSK |
State Street(R) SPDR(R) ICE Preferred Securities ETF
|
First | 26,174 | $1,025,759 | 2.80% | |
|
|
First | 15,461 | $939,951 | 2.57% | ||
| PGF |
Victory Portfolios II
|
First | 39,877 | $673,522 | 1.84% | |
| FPE |
First Trust Preferred Securities and Income ETF
|
First | 39,334 | $645,077 | 1.76% | |
| WPC |
W. P. Carey Inc.
Real Estate
|
First | 9,583 | $556,580 | 1.52% | |
| META |
Meta Platforms, Inc.
Communication Services
|
First | 3,265 | $544,602 | 1.49% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
First | 234 | $456,234 | 1.25% | |
| SCHB |
Schwab U.S. Broad Market ETF
|
First | 5,293 | $319,857 | 0.87% | |
| BBY |
Best Buy Co Inc
Consumer Cyclical
|
First | 4,354 | $248,178 | 0.68% | |
| NFLX |
Netflix Inc
Communication Services
|
First | 617 | $231,683 | 0.63% | |
| QYLD |
Global X NASDAQ 100 Covered Call ETF
|
First | 11,332 | $218,367 | 0.60% | |
| PBP |
Invesco S&P 500 BuyWrite ETF
|
First | 11,745 | $196,493 | 0.54% | |
| RYLD |
Global X Russell 2000 Covered Call ETF
|
First | 10,261 | $175,504 | 0.48% | |
| ACB |
Aurora Cannabis Inc
Healthcare
|
First | 15,000 | $13,589 | 0.04% | |
| DVY |
iShares Select Dividend ETF
|
First | 21,549 | $0 | 0.00% | |
| IEF |
iShares 7-10 Year Treasury Bond ETF
|
First | 203,483 | $0 | 0.00% | |
| IEI |
iShares 3-7 Year Treasury Bond ETF
|
First | 174,778 | $0 | 0.00% | |
| IVW |
iShares S&P 500 Growth ETF
|
First | 11,312 | $0 | 0.00% | |
| IWF |
iShares Russell 1000 Growth ETF
|
First | 94,176 | $0 | 0.00% | |
| IWS |
iShares Russell Mid-Cap Value ETF
|
First | 188,854 | $0 | 0.00% | |
| MTUM |
iShares MSCI USA Momentum Factor ETF
|
First | 3,787 | $0 | 0.00% | |
| PFF |
iShares Preferred and Income Securities ETF
|
First | 104,116 | $0 | 0.00% | |
| TLH |
iShares 10-20 Year Treasury Bond ETF
|
First | 8,130 | $0 | 0.00% |
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.