Milestone Advisory Partners

CIK

1819679

Location

Southern Pines, NC

Portfolio Value

Small $120,238,231

Diversification

Diversified

Filing Date

Global Rank

#5,794 / 7,036 ▲ 430 · as of Sep 2023

Top Industry

Asset Management 24.4%

Period ended 3 years ago

Filed Nov 8, 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

Concentrated

The top 10 positions are 83.6% of the book (60%+)

Turnover

Low turnover

21.6% over the last four quarters (under 30%)

Horizon

Horizon unknown

The value-weighted holding period is at least 11.4 quarters, but 37.7% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 85.9%; sector active share 77.0% 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.

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Portfolio Concentration

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

Top Position

18.5%

−1.6 pts

Top 5

60.3%

+4.7 pts

Top 10

83.6%

+2.7 pts

HHI

951

Diversified+2

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Unclassified	89.6%	$107,719,078	47
Financial Services	5.3%	$6,322,181	9
Technology	2.6%	$3,166,276	3
Healthcare	0.8%	$968,175	3
Utilities	0.5%	$571,398	2
Communication Services	0.4%	$496,373	2
Industrials	0.3%	$314,457	1
Energy	0.2%	$249,269	1
Consumer Defensive	0.2%	$220,272	1
Consumer Cyclical	0.2%	$210,752	1

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
RSPN	Victory Portfolios II	+72,979	88,763	$3,398,735
RSPU	Victory Portfolios II	+43,155	88,278	$4,439,500
RSPT	Victory Portfolios II	+38,572	42,236	$1,188,943
RSPD	Victory Portfolios II	+32,329	43,144	$1,815,499
RSPM	Victory Portfolios II	+21,374	25,828	$801,184
VFVA	VANGUARD U.S. VALUE FACTOR ETF	+14,452	71,265	$7,132,201
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	+13,902	44,683	$4,038,896
SCHD	Schwab U.S. Dividend Equity ETF	+10,507	239,323	$16,934,519
JPXN	iShares JPX-Nikkei 400 ETF	+9,121	36,892	$2,361,825
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	+8,387	30,823	$3,184,632
TDIV	First Trust NASDAQ Technology Dividend Index Fund	+7,978	105,725	$5,930,115
ITOT	iShares Core S&P Total U.S. Stock Market ETF	+3,734	28,017	$2,638,921
VUG	VANGUARD GROWTH INDEX FUND	+3,697	23,998	$6,534,895
VDC	VANGUARD CONSUMER STAPLES INDEX FUND	+3,609	37,822	$6,908,944
IHI	iShares U.S. Medical Devices ETF	+3,516	32,791	$1,590,363
IYM	iShares U.S. Basic Materials ETF	+3,381	24,937	$3,150,041
IEZ	iShares U.S. Oil Equipment & Services ETF	+2,087	18,677	$448,995
RSPF	Victory Portfolios II	+1,603	15,854	$803,639
PDP	Victory Portfolios II	+1,262	30,825	$2,373,216
USMV	iShares MSCI USA Min Vol Factor ETF	+1,137	36,469	$2,639,626
IAK	iShares U.S. Insurance ETF	+708	3,729	$341,762
IGM	iShares Expanded Tech Sector ETF	+695	6,753	$2,580,862
IGV	iShares Expanded Tech-Software Sector ETF	+603	9,330	$3,183,955
—		+562	5,548	$820,604
SPLV	Invesco S&P 500 Low Volatility ETF	+518	93,468	$5,494,983
No positions match the current search.

Trimmed

Positions the filer reduced

3 positions

Ticker	Company	Δ Shares	Shares	Value
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF	−5,566	47,701	$2,811,019
IGE	iShares North American Natural Resources ETF	−3,684	26,471	$1,100,928
QCLN	First Trust NASDAQ Clean Edge Green Energy Index Fund	−1,585	18,151	$773,777
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
VFMV	VANGUARD U.S. MINIMUM VOLATILITY ETF	40,768	$3,920,577
VDE	VANGUARD ENERGY INDEX FUND	2,071	$262,478
AMLP	Alerian MLP ETF	6,009	$253,579
IWM	iShares Russell 2000 ETF	1,221	$215,799
ABBV	AbbVie Inc.	1,400	$208,684
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
ABT	Abbott Laboratories	2,050	$223,491
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

70 tracked positions · $120,238,231 total · filing declares 70 positions · $120,238,080 · as of Sep 30, 2023

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 70 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
SCHD	Schwab U.S. Dividend Equity ETF	Added	239,323	+10,507	$16,934,519	+1.9%	14	unpriced	14.08%
VFVA	VANGUARD U.S. VALUE FACTOR ETF	Added	71,265	+14,452	$7,132,201	+26.0%	10	$103.37	5.93%
VDC	VANGUARD CONSUMER STAPLES INDEX FUND	Added	37,822	+3,609	$6,908,944	+3.9%	6	unpriced	5.75%
VUG	VANGUARD GROWTH INDEX FUND	Added	23,998	+3,697	$6,534,895	+13.8%	14	unpriced	5.43%
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Added	105,725	+7,978	$5,930,115	+3.4%	15+	before history	4.93%
SPLV	Invesco S&P 500 Low Volatility ETF	Added	93,468	+518	$5,494,983	−5.9%	15+	before history	4.57%
RSPU	Victory Portfolios II	Added	88,278	+43,155	$4,439,500	+78.0%	15+	before history	3.69%
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	Added	44,683	+13,902	$4,038,896	+61.7%	10	unpriced	3.36%
VFMV	VANGUARD U.S. MINIMUM VOLATILITY ETF	NEW	40,768	NEW	$3,920,577	NEW	1	$99.48	3.26%
RSPN	Victory Portfolios II	Added	88,763	+72,979	$3,398,735	+426.5%	12	unpriced	2.83%
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	Added	30,823	+8,387	$3,184,632	+33.8%	15+	before history	2.65%
IGV	iShares Expanded Tech-Software Sector ETF	Added	9,330	+603	$3,183,955	+5.5%	15+	before history	2.65%
IYM	iShares U.S. Basic Materials ETF	Added	24,937	+3,381	$3,150,041	+9.8%	7	unpriced	2.62%
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF	Reduced	47,701	-5,566	$2,811,019	−19.4%	5	unpriced	2.34%
XLF	State Street Corp Financial Services	Added	82,871	+124	$2,748,831	−1.5%	13	$29.56	2.29%
USMV	iShares MSCI USA Min Vol Factor ETF	Added	36,469	+1,137	$2,639,626	+0.5%	15+	before history	2.20%
ITOT	iShares Core S&P Total U.S. Stock Market ETF	Added	28,017	+3,734	$2,638,921	+11.1%	15+	before history	2.19%
AAPL	Apple Inc. Technology	Added	15,413	+1	$2,638,859	−11.7%	15+	before history	2.19%
IGM	iShares Expanded Tech Sector ETF	Added	6,753	+695	$2,580,862	+8.4%	15+	before history	2.15%
PDP	Victory Portfolios II	Added	30,825	+1,262	$2,373,216	−0.9%	15+	before history	1.97%
JPXN	iShares JPX-Nikkei 400 ETF	Added	36,892	+9,121	$2,361,825	+28.9%	2	unpriced	1.96%
RSPD	Victory Portfolios II	Added	43,144	+32,329	$1,815,499	+265.1%	3	unpriced	1.51%
IHI	iShares U.S. Medical Devices ETF	Added	32,791	+3,516	$1,590,363	−3.8%	15+	before history	1.32%
RSPT	Victory Portfolios II	Added	42,236	+38,572	$1,188,943	+1003.4%	2	unpriced	0.99%
IGE	iShares North American Natural Resources ETF	Reduced	26,471	-3,684	$1,100,928	−6.0%	7	unpriced	0.92%
BRK-A	Berkshire Hathaway Inc Financial Services	Held	2	0	$1,062,954	+2.6%	15+	before history	0.88%
SOXX	iShares Semiconductor ETF	Added	2,169	+10	$1,027,346	−6.2%	15+	before history	0.85%
FDN	First Trust Dow Jones Internet Index Fund	Held	5,526	0	$882,004	−2.1%	6	$149.43	0.73%
QYLD	Global X NASDAQ 100 Covered Call ETF	Added	51,880	+7	$870,027	−5.5%	15+	before history	0.72%
		Added	5,548	+562	$820,604	+27.8%	7	$117.98	0.68%
RSPF	Victory Portfolios II	Added	15,854	+1,603	$803,639	+10.1%	4	$55.95	0.67%
RSPM	Victory Portfolios II	Added	25,828	+21,374	$801,184	+454.2%	4	unpriced	0.67%
QCLN	First Trust NASDAQ Clean Edge Green Energy Index Fund	Reduced	18,151	-1,585	$773,777	−23.4%	14	$39.17	0.64%
QTEC	First Trust NASDAQ-100-Technology Sector Index Fund	Held	4,594	0	$667,370	−1.3%	15+	before history	0.56%
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Held	6,385	0	$651,397	−5.7%	15+	before history	0.54%
FXL	First Trust Technology AlphaDEX Fund	Held	5,702	0	$633,777	−3.4%	15+	before history	0.53%
FMB	First Trust Managed Municipal ETF	Held	10,630	0	$519,594	−3.6%	15+	before history	0.43%
MA	Mastercard Inc Financial Services	Held	1,260	0	$498,846	+0.7%	7	$359.50	0.41%
FBNC	First Bancorp Financial Services	Added	16,140	+21	$454,179	−5.3%	15+	before history	0.38%
IEZ	iShares U.S. Oil Equipment & Services ETF	Added	18,677	+2,087	$448,995	+34.5%	7	unpriced	0.37%
FXU	First Trust Utilities AlphaDEX Fund	Held	15,287	0	$436,596	−10.2%	15+	before history	0.36%
JNJ	Johnson & Johnson Healthcare	Held	2,600	0	$404,950	−5.9%	15+	before history	0.34%
JPM	Jpmorgan Chase & Co Financial Services	Held	2,446	0	$354,718	−0.3%	7	$147.57	0.30%
GILD	Gilead Sciences, Inc. Healthcare	Held	4,731	0	$354,541	−2.8%	15+	before history	0.29%
DUK	Duke Energy CORP Utilities	Held	3,975	0	$350,833	−1.6%	15+	before history	0.29%
V	Visa Inc. Financial Services	Held	1,514	0	$348,235	−3.1%	15+	before history	0.29%
IAK	iShares U.S. Insurance ETF	Added	3,729	+708	$341,762	+28.7%	4	unpriced	0.28%
FDS	Factset Research Systems Inc Financial Services	Held	750	0	$327,945	+9.1%	14	$288.99	0.27%
MSFT	Microsoft Corp Technology	Held	1,033	0	$326,169	−7.3%	15+	before history	0.27%
IJR	iShares Core S&P Small-Cap ETF	Held	3,386	0	$319,401	−5.3%	14	unpriced	0.27%

Showing the top 50 of 70 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.