Bernicke Wealth Management, Ltd.

CIK

1569863

Location

ALTOONA, WI

Portfolio Value

Micro $22,075,908

Diversification

Diversified

Filing Date

Global Rank

#4,756 / 5,300 ▼ 218 · as of Jun 2020

Top Industry

Specialty Chemicals 11.7%

3Y Alpha vs SPY

-4.7%

Period ended 6 years ago

Filed Aug 19, 2020 · 5y

2 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+55.1%

SPY

+76.0%

Annualised alpha

-5.0%

Max drawdown

−15.9%

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

28 positions · as of Jun 30, 2020 · Δ vs Mar 31, 2020

Top Position

4.9%

−0.5 pts

Top 5

23.3%

−2.0 pts

Top 10

44.0%

−3.1 pts

HHI

389

Diversified−23

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2020

Sector	% Portfolio	Value	Positions
Technology	13.7%	$3,026,784	3
Healthcare	12.4%	$2,736,367	3
Consumer Defensive	12.0%	$2,643,256	3
Basic Materials	11.2%	$2,467,803	3
Industrials	10.9%	$2,408,929	3
Financial Services	10.2%	$2,249,439	3
Consumer Cyclical	8.1%	$1,798,136	3
Communication Services	7.0%	$1,550,399	3
Energy	6.5%	$1,433,245	2
Unclassified	4.1%	$902,287	1
Real Estate	3.9%	$859,263	1

Last Quarter's Activity

Export CSV

Jun 30, 2020 vs Mar 31, 2020

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
BA	Boeing Co	+108	3,599	$659,696
No positions match the current search.

Trimmed

Positions the filer reduced

23 positions

Ticker	Company	Δ Shares	Shares	Value
BAC	Bank Of America Corp /De/	−10,568	27,954	$663,907
INTC	Intel Corp	−7,640	15,367	$919,407
LOW	Lowes Companies Inc	−4,144	7,532	$1,017,723
LLY	ELI LILLY & Co	−3,563	6,514	$1,069,468
MDT	Medtronic plc	−3,441	8,107	$743,411
MSFT	Microsoft Corp	−3,301	5,309	$1,080,434
PG	PROCTER & GAMBLE Co	−3,152	7,334	$876,926
PPG	Ppg Industries Inc	−3,012	7,185	$762,041
PEP	Pepsico Inc	−2,740	6,200	$820,012
DIS	Walt Disney Co	−2,691	6,607	$736,746
CVX	Chevron Corp	−2,425	8,178	$729,722
CRM	Salesforce, Inc.	−2,321	5,482	$1,026,943
V	Visa Inc.	−2,148	4,652	$898,626
UNP	Union Pacific Corp	−2,079	4,805	$812,381
ECL	Ecolab Inc.	−1,984	4,133	$822,260
APD	Air Products & Chemicals, Inc.	−1,730	3,659	$883,502
BRK-B	Berkshire Hathaway Inc	−1,558	3,848	$686,906
UNH	Unitedhealth Group Inc	−1,522	3,131	$923,488
COST	Costco Wholesale Corp /New	−1,489	3,121	$946,318
MMM	3M Co	−1,358	7,183	$936,852
DIA	Spdr Dow Jones Industrial Average ETF Trust	−485	3,499	$902,287
GOOGL	Alphabet Inc.	−288	651	$46,157
AMZN	Amazon Com Inc	−245	408	$56,279
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
SPG	Simon Property Group Inc.	12,566	$859,263
META	Meta Platforms, Inc.	3,380	$767,496
YUM	Yum Brands Inc	8,332	$724,134
ENB	Enbridge Inc	23,127	$703,523
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
AMT	American Tower Corp /Ma/	5,433	$1,183,035
TRP	Tc Energy Corp	24,239	$1,073,787
WELL	Welltower Inc.	14,616	$669,120
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

28 positions · $22,075,908 total · as of Jun 30, 2020

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	5,309	-3,301	$1,080,434	−20.4%	4.89%
LLY	ELI LILLY & Co Healthcare	Reduced	6,514	-3,563	$1,069,468	−23.5%	4.84%
CRM	Salesforce, Inc. Technology	Reduced	5,482	-2,321	$1,026,943	−8.6%	4.65%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	7,532	-4,144	$1,017,723	+1.3%	4.61%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	3,121	-1,489	$946,318	−28.0%	4.29%
MMM	3M Co Industrials	Reduced	7,183	-1,358	$936,852	−3.9%	4.24%
UNH	Unitedhealth Group Inc Healthcare	Reduced	3,131	-1,522	$923,488	−20.4%	4.18%
INTC	Intel Corp Technology	Reduced	15,367	-7,640	$919,407	−26.2%	4.16%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Reduced	3,499	-485	$902,287	+3.3%	4.09%
V	Visa Inc. Financial Services	Reduced	4,652	-2,148	$898,626	−18.0%	4.07%
APD	Air Products & Chemicals, Inc. Basic Materials	Reduced	3,659	-1,730	$883,502	−17.9%	4.00%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	7,334	-3,152	$876,926	−24.0%	3.97%
SPG	Simon Property Group Inc. Real Estate	NEW	12,566	NEW	$859,263	NEW	3.89%
ECL	Ecolab Inc. Basic Materials	Reduced	4,133	-1,984	$822,260	−13.7%	3.72%
PEP	Pepsico Inc Consumer Defensive	Reduced	6,200	-2,740	$820,012	−23.6%	3.71%
UNP	Union Pacific Corp Industrials	Reduced	4,805	-2,079	$812,381	−16.3%	3.68%
META	Meta Platforms, Inc. Communication Services	NEW	3,380	NEW	$767,496	NEW	3.48%
PPG	Ppg Industries Inc Basic Materials	Reduced	7,185	-3,012	$762,041	−10.6%	3.45%
MDT	Medtronic plc Healthcare	Reduced	8,107	-3,441	$743,411	−28.6%	3.37%
DIS	Walt Disney Co Communication Services	Reduced	6,607	-2,691	$736,746	−18.0%	3.34%
CVX	Chevron Corp Energy	Reduced	8,178	-2,425	$729,722	−5.0%	3.31%
YUM	Yum Brands Inc Consumer Cyclical	NEW	8,332	NEW	$724,134	NEW	3.28%
ENB	Enbridge Inc Energy	NEW	23,127	NEW	$703,523	NEW	3.19%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	3,848	-1,558	$686,906	−30.5%	3.11%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	27,954	-10,568	$663,907	−18.8%	3.01%
BA	Boeing Co Industrials	Added	3,599	+108	$659,696	+26.7%	2.99%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	408	-245	$56,279	−11.6%	0.25%
GOOGL	Alphabet Inc. Communication Services	Reduced	651	-288	$46,157	−15.4%	0.21%