MD Financial Management Inc.

CIK

1724264

Location

OTTAWA, A6

Portfolio Value

Micro $81,390,058

Diversification

Diversified

Filing Date

Global Rank

#1,718 / 6,768 ▲ 21

Top Industry

Consumer Electronics 7.6%

3Y Alpha vs SPY

-2.5%

Period ended 4 years ago

Filed Feb 14, 2022 · 4y

8 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+63.8%

SPY

+74.2%

Annualised alpha

-2.4%

Max drawdown

−14.4%

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

213 positions · as of Dec 31, 2021 · Δ vs Sep 30, 2021

Top Position

8.5%

−0.0 pts

Top 5

33.0%

−0.2 pts

Top 10

37.3%

−0.9 pts

HHI

253

Diversified−8

Portfolio Trend

8 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2021

Sector	% Portfolio	Value	Positions
Technology	22.6%	$155,732,191	33
Unclassified	22.0%	$151,805,399	3
Financial Services	11.8%	$81,390,058	33
Industrials	9.8%	$67,269,243	40
Healthcare	7.9%	$54,675,112	26
Consumer Defensive	7.7%	$52,839,800	20
Consumer Cyclical	5.6%	$38,601,937	19
Utilities	5.2%	$35,914,101	18
Real Estate	3.0%	$20,441,588	8
Basic Materials	2.3%	$15,863,670	7
Communication Services	2.1%	$14,237,198	5
Energy	0.0%	$26,521	1

Last Quarter's Activity

Export CSV

Dec 31, 2021 vs Sep 30, 2021

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
HD	Home Depot, Inc.	+8,409	9,647	$4,003,601
CL	Colgate Palmolive Co	+7,646	42,920	$3,662,792
CSCO	Cisco Systems, Inc.	+7,067	63,152	$4,001,942
C	Citigroup Inc	+6,936	42,095	$2,542,117
CARR	CARRIER GLOBAL Corp	+6,694	34,740	$1,884,297
CSX	Csx Corp	+5,563	51,613	$1,940,648
SYF	Synchrony Financial	+5,475	53,265	$2,470,963
FAST	Fastenal Co	+4,904	42,501	$1,361,307
JNJ	Johnson & Johnson	+4,611	25,144	$4,301,384
MS	Morgan Stanley	+4,600	25,907	$2,543,031
MSFT	Microsoft Corp	+4,362	103,268	$34,731,093
MOS	Mosaic Co	+4,240	53,403	$2,098,203
PEP	Pepsico Inc	+4,212	27,743	$4,819,236
ALL	Allstate Corp	+3,979	33,376	$3,926,686
SO	Southern Co	+3,910	39,807	$2,729,964
KO	Coca Cola Co	+3,843	52,325	$3,098,163
VZ	Verizon Communications Inc	+3,630	102,369	$5,319,093
CHKP	Check Point Software Technologies Ltd	+3,473	25,165	$2,933,232
WM	Waste Management Inc	+3,436	22,873	$3,817,503
PFE	Pfizer Inc	+3,431	18,071	$1,067,092
CB	Chubb Ltd	+3,299	15,100	$2,918,981
MET	Metlife Inc	+2,987	44,673	$2,791,615
HOLX	HOLOGIC INC	+2,966	30,774	$2,356,057
EXC	Exelon Corp	+2,935	44,236	$1,822,447
NUE	Nucor Corp	+2,907	27,799	$3,173,255
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
F	Ford Motor Co	−84,038	87,345	$1,814,155
ORCL	Oracle Corp	−42,943	843	$73,518
GM	General Motors Co	−18,376	37,824	$2,217,621
GLD	Spdr Gold Trust	−13,712	276,985	$47,353,355
BX	Blackstone Inc.	−9,505	21,722	$2,810,609
SLV	iShares Silver Trust	−9,490	2,140,225	$46,036,239
MRK	Merck & Co., Inc.	−8,757	20,136	$1,543,223
IVZ	Invesco Ltd.	−8,583	45,097	$1,038,132
FITB	Fifth Third Bancorp	−7,926	53,384	$2,324,873
UPS	United Parcel Service Inc	−7,814	2,516	$539,279
EXPD	Expeditors International Of Washington Inc	−6,863	17,111	$2,297,836
AAPL	Apple Inc.	−6,267	231,192	$41,052,763
CTVA	Corteva, Inc.	−6,078	37,400	$1,768,272
VICI	Vici Properties Inc.	−5,025	71,468	$2,151,901
PHM	Pultegroup Inc/Mi/	−4,875	32,747	$1,871,818
PH	Parker-Hannifin Corp	−4,844	36	$11,452
AMAT	Applied Materials Inc /De	−4,627	18,685	$2,940,271
EXR	Extra Space Storage Inc.	−4,583	12,529	$2,840,700
DE	Deere & Co	−4,428	400	$137,156
KDP	Keurig Dr Pepper Inc.	−4,416	67,854	$2,501,098
CMCSA	Comcast Corp	−3,961	79,636	$3,756,398
TER	Teradyne, Inc	−3,932	18,397	$3,008,461
ALLY	Ally Financial Inc.	−3,560	46,513	$2,214,483
JCI	Johnson Controls International plc	−3,379	30,972	$2,518,333
ADM	Archer-Daniels-Midland Co	−3,188	40,686	$2,749,966
No positions match the current search.

New Positions

Positions the filer opened this quarter

12 positions

Ticker	Company	Shares	Value
IT	Gartner Inc	10,936	$3,656,123
WST	West Pharmaceutical Services Inc	7,015	$3,290,105
AVB	Avalonbay Communities Inc	11,931	$3,013,651
MRNA	Moderna, Inc.	11,589	$2,943,374
STX	Seagate Technology Holdings plc	23,824	$2,691,635
NTAP	NetApp, Inc.	28,424	$2,614,723
LHX	L3harris Technologies, Inc. /De/	10,932	$2,331,139
TSLA	Tesla, Inc.	6,108	$2,151,604
L	Loews Corp	28,856	$1,666,722
FTNT	Fortinet, Inc.	9,654	$693,929
AVGO	Broadcom Inc.	108	$7,186
RTX	RTX Corp	8	$688
No positions match the current search.

Sold Out

Positions the filer fully exited

15 positions

Ticker	Company	Shares	Value
LOW	Lowes Companies Inc	11,562	$2,345,467
SWKS	Skyworks Solutions, Inc.	13,222	$2,178,721
PEG	Public Service Enterprise Group Inc	33,100	$2,015,790
HRL	Hormel Foods Corp /De/	40,463	$1,658,983
AFG	American Financial Group Inc	9,007	$1,133,350
ORLY	O Reilly Automotive Inc	5,738	$233,750
NEM	NEWMONT Corp /DE/	622	$33,774
IFF	International Flavors & Fragrances Inc	79	$10,563
STZ	Constellation Brands, Inc.	45	$9,481
IBM	International Business Machines Corp	48	$6,375
PDS	PRECISION DRILLING Corp	139	$5,616
WFC	Wells Fargo & Company/Mn	105	$4,873
CVX	Chevron Corp	48	$4,869
VTRS	Viatris Inc	248	$3,360
OGN	Organon & Co.	100	$3,279
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

33 positions · $81,390,058 total · Financial Services only · as of Dec 31, 2021

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BRK-B	Berkshire Hathaway Inc Financial Services	Added	15,675	+53	$4,686,825	+9.9%	5.76%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Added	22,895	+2,484	$3,979,608	+28.8%	4.89%
ALL	Allstate Corp Financial Services	Added	33,376	+3,979	$3,926,686	+4.9%	4.82%
MA	Mastercard Inc Financial Services	Added	10,448	+225	$3,754,175	+5.6%	4.61%
PRU	Prudential Financial Inc Financial Services	Added	31,107	+784	$3,367,021	+5.5%	4.14%
COF	Capital One Financial Corp Financial Services	Added	22,460	+1,772	$3,258,721	−2.7%	4.00%
AFL	Aflac Inc Financial Services	Added	55,807	+1,381	$3,258,570	+14.9%	4.00%
CB	Chubb Ltd Financial Services	Added	15,100	+3,299	$2,918,981	+42.6%	3.59%
GS	Goldman Sachs Group Inc Financial Services	Added	7,569	+511	$2,895,520	+8.5%	3.56%
MCO	Moodys Corp /De/ Financial Services	Reduced	7,237	-888	$2,826,627	−2.0%	3.47%
BX	Blackstone Inc. Financial Services	Reduced	21,722	-9,505	$2,810,609	−22.6%	3.45%
V	Visa Inc. Financial Services	Added	12,918	+184	$2,799,459	−1.3%	3.44%
MET	Metlife Inc Financial Services	Added	44,673	+2,987	$2,791,615	+8.5%	3.43%
AJG	Arthur J. Gallagher & Co. Financial Services	Reduced	16,279	-931	$2,762,057	+8.0%	3.39%
TRV	Travelers Companies, Inc. Financial Services	Added	17,573	+2,633	$2,748,944	+21.0%	3.38%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	19,084	-159	$2,610,118	+18.1%	3.21%
MS	Morgan Stanley Financial Services	Added	25,907	+4,600	$2,543,031	+22.7%	3.12%
C	Citigroup Inc Financial Services	Added	42,095	+6,936	$2,542,117	+3.0%	3.12%
CFG	Citizens Financial Group Inc/Ri Financial Services	Reduced	53,065	-2,862	$2,507,321	−4.6%	3.08%
SYF	Synchrony Financial Financial Services	Added	53,265	+5,475	$2,470,963	+5.8%	3.04%
ACGL	Arch Capital Group Ltd. Financial Services	Added	53,467	+2,473	$2,376,608	+22.1%	2.92%
FITB	Fifth Third Bancorp Financial Services	Reduced	53,384	-7,926	$2,324,873	−10.7%	2.86%
PGR	Progressive Corp/Oh/ Financial Services	Reduced	22,230	-1,807	$2,281,909	+5.0%	2.80%
CINF	Cincinnati Financial Corp Financial Services	Added	19,990	+433	$2,277,460	+2.0%	2.80%
MKL	Markel Group Inc. Financial Services	Added	1,824	+60	$2,250,816	+6.8%	2.77%
ALLY	Ally Financial Inc. Financial Services	Reduced	46,513	-3,560	$2,214,483	−13.4%	2.72%
L	Loews Corp Financial Services	NEW	28,856	NEW	$1,666,722	NEW	2.05%
VOYA	Voya Financial, Inc. Financial Services	Added	16,770	+82	$1,112,018	+8.5%	1.37%
CG	Carlyle Group Inc. Financial Services	Reduced	20,136	-2,697	$1,105,466	+2.4%	1.36%
IVZ	Invesco Ltd. Financial Services	Reduced	45,097	-8,583	$1,038,132	−19.8%	1.28%
NDAQ	Nasdaq, Inc. Financial Services	Added	14,435	+1,381	$1,010,497	+20.3%	1.24%
JPM	Jpmorgan Chase & Co Financial Services	Added	1,366	+292	$216,306	+23.0%	0.27%
STT	State Street Corp Financial Services	Held	600	0	$55,800	+9.8%	0.07%