KCS Wealth Advisory

CIK

1697719

Location

LOS ANGELES, CA

Portfolio Value

Small $220,710,317

Diversification

Diversified

Filing Date

Global Rank

#4,273 / 7,036 ▼ 365 · as of Sep 2023

Top Industry

Consumer Electronics 19.6%

3Y Alpha vs SPY

-14.2%

Period ended 3 years ago

Filed Nov 3, 2023 · 3y

15 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 Sep 30, 2023, never from the firm's own description.

Style

Diversified active

Top 10 weight 49.9%, 23.1 effective positions, active share 72.2% against the S&P 500 as of 2023-09-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

21.0% over the last four quarters (under 30%)

Horizon

Horizon unknown

The value-weighted holding period is at least 12.0 quarters, but 62.3% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2023-09-30, active share 72.2%; sector active share 20.3% 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 backtest

Portfolio Concentration

122 tracked positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023

Top Position

13.2%

+0.4 pts

Top 5

40.1%

−0.4 pts

Top 10

49.9%

−0.6 pts

HHI

433

Diversified−20

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Unclassified	31.2%	$68,808,280	37
Technology	20.9%	$46,217,847	12
Financial Services	11.8%	$26,118,498	16
Healthcare	8.5%	$18,842,380	15
Communication Services	8.3%	$18,243,479	8
Consumer Cyclical	7.2%	$15,851,750	11
Consumer Defensive	4.5%	$10,016,228	6
Industrials	2.6%	$5,843,561	5
Energy	1.9%	$4,121,889	6
Real Estate	1.6%	$3,509,042	3
Utilities	0.9%	$1,916,176	2
Basic Materials	0.6%	$1,221,187	1

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

18 positions

Ticker	Company	Δ Shares	Shares	Value
NVO	Novo Nordisk A S	+18,056	40,974	$3,726,175
JBBB	Janus Henderson B-BBB CLO ETF	+15,930	40,050	$1,902,375
RUSHA	Rush Enterprises Inc \Tx\	+12,143	32,774	$2,007,243
PFE	Pfizer Inc	+10,469	22,900	$759,593
JD	JD.com, Inc.	+6,363	16,916	$492,763
TYG	Tortoise Energy Infrastructure Corp	+3,739	32,853	$949,451
JPST	JPMorgan Ultra-Short Income ETF	+2,314	6,400	$321,152
INFY	Infosys Ltd	+2,079	54,546	$933,282
SYY	Sysco Corp	+1,397	4,912	$324,437
DEO	Diageo PLC	+1,388	4,913	$732,921
RVNU	Xtrackers Municipal Infrastructure Revenue Bond Active ETF	+1,307	10,727	$254,658
MBB	iShares MBS ETF	+1,201	56,949	$5,057,071
SEDG	Solaredge Technologies, Inc.	+1,043	2,081	$269,510
SONY	Sony Group Corp	+537	8,874	$731,306
GSK	GSK plc	+314	21,391	$775,423
ELV	Elevance Health, Inc.	+248	6,727	$2,929,070
HD	Home Depot, Inc.	+118	1,509	$455,959
DHR	Danaher Corp	+4	916	$227,259
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GTX	Garrett Motion Inc.	−82,282	124,219	$978,845
AIV	Apartment Investment & Management Co	−57,658	316,768	$2,154,022
JAAA	Janus Henderson AAA CLO ETF	−53,949	250,266	$12,595,887
TFLO	iShares Treasury Floating Rate Bond ETF	−47,613	13,787	$699,552
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	−29,666	203,100	$11,698,560
FQAL	Fidelity Quality Factor ETF	−29,043	30,523	$1,504,631
IEUR	iShares Core MSCI Europe ETF	−26,531	38,009	$1,887,526
IEFA	iShares Core MSCI EAFE ETF	−22,546	28,653	$1,843,820
NWS	News Corp	−19,494	133,440	$2,784,892
UBS	UBS Group AG	−19,011	102,956	$2,537,865
FLJP	Franklin FTSE Japan ETF	−15,783	24,731	$654,134
DDEC	FT Vest U.S. Equity Deep Buffer ETF - December	−15,041	15,225	$511,103
ACI	Albertsons Companies, Inc.	−13,145	53,603	$1,219,468
JPEM	JPMorgan Diversified Return Emerging Markets Equity ETF	−11,517	12,340	$621,565
IBTH	iShares iBonds Dec 2027 Term Treasury ETF	−11,022	99,685	$2,178,117
ALLY	Ally Financial Inc.	−10,980	38,930	$1,038,652
PCAR	Paccar Inc	−10,808	36,041	$3,064,205
CMCSA	Comcast Corp	−10,601	70,414	$3,122,159
BBDO	Bank Bradesco	−10,096	38,799	$103,981
PBR	Petrobras - Petroleo Brasileiro SA	−9,603	49,497	$741,960
KR	Kroger Co	−9,545	66,067	$2,956,498
BBCA	JPMorgan BetaBuilders Canada ETF	−9,414	12,175	$707,976
GM	General Motors Co	−9,401	48,628	$1,603,265
IVV	iShares Core S&P 500 ETF	−7,255	12,949	$5,560,689
MHO	M/I Homes, Inc.	−6,995	4,652	$390,954
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
XOM	ExxonMobil Holdings Corp	2,004	$235,630
DVY	iShares Select Dividend ETF	1,897	$204,193
PBR-A	Petrobras - Petroleo Brasileiro SA	12,806	$175,570
No positions match the current search.

Sold Out

Positions the filer fully exited

19 positions

Ticker	Company	Shares	Value
MDY	Spdr S&P Midcap 400 ETF Trust	861	$412,341
FLKR	Franklin FTSE South Korea ETF	17,870	$387,242
AVEM	Avantis Emerging Markets Equity ETF	6,593	$354,769
GBIL	Goldman Sachs ETF Trust	3,520	$352,246
VV	VANGUARD LARGE-CAP INDEX FUND	1,675	$339,556
LOW	Lowes Companies Inc	1,504	$339,452
XVV	iShares ESG Select Screened S&P 500 ETF	9,346	$316,034
FLAX	Franklin FTSE Asia ex Japan ETF	13,711	$288,424
MA	Mastercard Inc	670	$263,511
AVGO	Broadcom Inc.	293	$254,156
ALX	Alexanders Inc	1,323	$243,246
—		7,020	$230,677
MXI	iShares, Inc.	2,608	$213,464
SYK	Stryker Corp	685	$208,986
UPS	United Parcel Service Inc	1,158	$207,571
IYW	iShares, Inc.	1,890	$205,764
IWF	iShares Russell 1000 Growth ETF	739	$203,358
AXP	American Express Co	1,167	$203,291
IBN	Icici Bank Ltd	8,761	$202,203
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

122 tracked positions · $220,710,317 total · filing declares 133 positions · $234,548,980 · as of Sep 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 122 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	169,875	-6,076	$29,084,298	−14.8%	15+	before history	13.18%
JAAA	Janus Henderson AAA CLO ETF	Reduced	250,266	-53,949	$12,595,887	−16.9%	5	$49.29	5.71%
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	Reduced	203,100	-29,666	$11,698,560	−12.9%	12	unpriced	5.30%
GSST	Goldman Sachs Ultra Short Bond ETF	Reduced	166,015	-396	$8,290,789	−0.2%	6	$49.80	3.76%
IVV	iShares Core S&P 500 ETF	Reduced	12,949	-7,255	$5,560,689	−38.2%	15+	before history	2.52%
MBB	iShares MBS ETF	Added	56,949	+1,201	$5,057,071	−2.7%	2	unpriced	2.29%
META	Meta Platforms, Inc. Communication Services	Reduced	15,586	-5,737	$4,679,073	−23.5%	15+	before history	2.12%
MSFT	Microsoft Corp Technology	Reduced	14,416	-5,513	$4,551,852	−32.9%	15+	before history	2.06%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	12,398	-2,773	$4,343,019	−16.0%	15+	before history	1.97%
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	Reduced	53,619	-4,865	$4,073,971	−11.9%	5	$80.13	1.85%
GOOG	Alphabet Inc. Communication Services	Reduced	29,778	-4,727	$3,926,229	−5.9%	15+	before history	1.78%
NVO	Novo Nordisk A S Healthcare	Added	40,974	+18,056	$3,726,175	+0.5%	15+	before history	1.69%
AMAT	Applied Materials Inc Technology	Reduced	23,595	-2,792	$3,266,727	−14.3%	15+	before history	1.48%
CMCSA	Comcast Corp Communication Services	Reduced	70,414	-10,601	$3,122,159	−7.2%	15+	before history	1.41%
PCAR	Paccar Inc Industrials	Reduced	36,041	-10,808	$3,064,205	−21.8%	15+	before history	1.39%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	20,839	-3,136	$3,022,071	−13.3%	15+	before history	1.37%
KR	Kroger Co Consumer Defensive	Reduced	66,067	-9,545	$2,956,498	−16.8%	13	$37.82	1.34%
MS	Morgan Stanley Financial Services	Reduced	36,033	-5,514	$2,942,815	−17.1%	15+	before history	1.33%
ELV	Elevance Health, Inc. Healthcare	Added	6,727	+248	$2,929,070	+1.8%	15+	before history	1.33%
V	Visa Inc. Financial Services	Reduced	12,699	-1,677	$2,920,896	−14.4%	15+	before history	1.32%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	5,001	-477	$2,825,364	−4.2%	15+	before history	1.28%
NWS	News Corp Communication Services	Reduced	133,440	-19,494	$2,784,892	−7.7%	15+	before history	1.26%
VZ	Verizon Communications Inc Communication Services	Reduced	85,176	-2,782	$2,760,554	−15.6%	15+	before history	1.25%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	2,173	-88	$2,755,103	+2.9%	15+	before history	1.25%
UBS	UBS Group AG Financial Services	Reduced	102,956	-19,011	$2,537,865	+2.7%	11	$16.69	1.15%
PKG	Packaging Corp Of America Consumer Cyclical	Reduced	16,269	-3,686	$2,498,104	−5.3%	15+	before history	1.13%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	27,531	-1,080	$2,392,443	−17.1%	15+	before history	1.08%
SU	Suncor Energy Inc Energy	Reduced	66,950	-5,966	$2,301,741	+7.7%	15+	before history	1.04%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	17,580	-3,838	$2,234,769	−20.0%	13	unpriced	1.01%
IBTH	iShares iBonds Dec 2027 Term Treasury ETF	Reduced	99,685	-11,022	$2,178,117	−11.2%	3	unpriced	0.99%
AIV	Apartment Investment & Management Co Real Estate	Reduced	316,768	-57,658	$2,154,022	−32.5%	12	unpriced	0.98%
EMB	iShares J.P. Morgan USD Emerging Markets Bond ETF	Reduced	26,025	-3,230	$2,147,583	−15.2%	15+	before history	0.97%
RUSHA	Rush Enterprises Inc \Tx\ Consumer Cyclical	Added	32,774	+12,143	$2,007,243	+6.8%	2	unpriced	0.91%
PEP	Pepsico Inc Consumer Defensive	Reduced	11,553	-1,432	$1,957,540	−18.6%	15+	before history	0.89%
MCK	Mckesson Corp Healthcare	Reduced	4,425	-498	$1,924,211	−8.5%	15+	before history	0.87%
JBBB	Janus Henderson B-BBB CLO ETF	Added	40,050	+15,930	$1,902,375	+71.8%	4	$45.75	0.86%
IEUR	iShares Core MSCI Europe ETF	Reduced	38,009	-26,531	$1,887,526	−44.4%	15+	before history	0.86%
UNH	Unitedhealth Group Inc Healthcare	Reduced	3,670	-1,194	$1,850,377	−20.9%	15+	before history	0.84%
IEFA	iShares Core MSCI EAFE ETF	Reduced	28,653	-22,546	$1,843,820	−46.6%	15+	before history	0.84%
BDX	Becton Dickinson & Co Healthcare	Reduced	6,613	-388	$1,709,659	−7.5%	15+	before history	0.77%
KLAC	Kla Corp Technology	Reduced	3,705	-331	$1,699,335	−13.2%	15+	before history	0.77%
BNY	Bank of New York Mellon Corp Financial Services	Reduced	39,417	-3,019	$1,681,135	−11.0%	15+	before history	0.76%
GM	General Motors Co Consumer Cyclical	Reduced	48,628	-9,401	$1,603,265	−28.3%	15+	before history	0.73%
FQAL	Fidelity Quality Factor ETF	Reduced	30,523	-29,043	$1,504,631	−50.0%	15+	before history	0.68%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	24,038	-2,459	$1,395,165	−17.7%	15+	before history	0.63%
VST	Vistra Corp. Utilities	Reduced	40,124	-5,170	$1,331,314	+12.0%	5	$23.63	0.60%
MRK	Merck & Co., Inc. Healthcare	Reduced	12,644	-1,330	$1,301,699	−19.3%	15+	before history	0.59%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Reduced	14,899	-173	$1,292,339	+2.9%	10	$146.10	0.59%
RIO	Rio Tinto PLC Basic Materials	Reduced	19,189	-1,052	$1,221,187	−5.5%	15+	before history	0.55%
ACI	Albertsons Companies, Inc. Consumer Defensive	Reduced	53,603	-13,145	$1,219,468	−16.3%	3	$20.68	0.55%

Showing the top 50 of 122 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.