Key highlights of JACKSON WEALTH MANAGEMENT Q3 2015 13F Stocks

Jackson Wealth Management Llc Stocks Analysis

Jackson Wealth Management Llc just filed its Q3 2015 13F. Dated 30/10/2015, the SEC filing shows the active investment manager has a portfolio value of $279.04 million, representing a decrease of $16.49 million from the previous quarter when it was $295.52 million. Note: This filling reprents about 87.65% of Jackson Wealth Management Llc’s assets, which which are listed in the US.

Based on $318.34 million in assets under management, Jackson Wealth Management Llc’s equity exposure is 87.65% of assets.

Fund New Holdings

In this quarter, Jackson Wealth Management Llc opened positions in Ishares Tr (SHY) for $5.25 million, Ishares Tr (IEI) for $4.55 million, Ishares Tr (IEF) for $3.71 million, Vanguard World Fd (MGK) for $3.67 million and Powershares Etf Trust (PJP) for $3.00 million. These were the 5 biggest new positions. In total the active investment manager bought 37 new stocks.

Portfolio New Buys

Increased Positions

Based on this SEC filing the active investment manager raised its stakes in Ishares Tr (CSJ) by 16% to $7.31 million, Ishares Tr (IJR) by 6% to $4.22 million, Ishares Tr (IWV) by 7% to $4.09 million, Ishares Tr (AGG) by 28% to $4.67 million and Ishares Tr (IWF) by 96% to $6.29 million. Jackson Wealth Management Llc also acquired smaller stakes in Vanguard Intl Equity Index F (VGK) by 5.93% to $3.15 million, Kkr Co L P Del (KKR) by 59.77% to $3.50 million and Energy Transfer Prtnrs L P (ETP) by 86.68% to $1.78 million. Building positions gradually is common strategy for many investors.

Sold Holdings

This fund sold its stakes in Ishares (ACWI), Magellan Midstream Prtnrs Lp (MMP), Ishares Tr (EFA), Spdr SP Midcap 400 Etf Tr (MDY) and Kraft Foods Group Inc (KRFT). These securities constituted 2.45 %, 1.85 %, 1.31 %, 1.19 % and 1.14 % of the manager’s portfolio, respectively. We can only speculate about the reasons for the selling but we believe it has to do with either value, momentum or a better place for Jackson Wealth Management Llc’s capital.

Portfolio Sold All

Reduced Positions

The fund also cut its postitons in Vanguard Index Fds (VTI) by -3.18%, Powershares Qqq Trust (QQQ) by -42.60%, Vanguard Tax Managed Intl Fd (VEA) by -6.46%, Vanguard Index Fds (VUG) by -6.20% and Vanguard Bd Index Fd Inc (BIV) by -6.78%.

Top 3 Holdings

Vanguard Scottsdale Fds (VCSH), Ishares Tr (IVV) and Vanguard Index Fds (VTI) made up the majority of Jackson Wealth Management Llc’s total US long portfolio in Q3 2015. These positions were top 3 and constitute 30.09% of Jackson Wealth Management Llc’s US-listed securities. The top 10 positions make approximately 45.7% of the reported fund’s portfolio.

Portfolio Top Holdings

It seems Jackson Wealth Management Llc holds concentrated portfolio. We wonder do they believe, same as many legendary traders, that diversification is losing investment approach? The table above provides an overview of Jackson Wealth Management Llc’s top 10 US-listed equities in Q3 2015.

Sector Allocation And Analysis

Information Technology Sector Jackson Wealth Management Llc - Jackson Wealth Management Llc raised the information technology sector from 5 % to 6 %. According to the SEC filing, the fund also has securities for 6 % in the health care sector. The consumer discretionary sector is 5 % of Jackson Wealth Management Llc’s 13F reported securities. The fund cut the Consumer Staples, Energy and Finance sector positions by 3 %, 5 % and 75 %, respectively.

So these are Q3 2015 fund’s sector weights now: finance 70 % for $195.32 million, information technology 6 % for $16.74 million, health care 6 % for $16.74 million, consumer discretionary 5 % for $13.95 million, utilities telecommunications 3 % for $8.37 million, consumer staples 3 % for $8.37 million, energy 2 % for $5.58 million and industrials 1 % for $2.79 million.

Important Position Changes

Top 10 Q3 2015 New Positions: Ishares Tr (SHY), Ishares Tr (IEI), Ishares Tr (IEF), Vanguard World Fd (MGK), Powershares Etf Trust (PJP), Ishares Tr (IWO), Kraft Heinz Co, First Tr Exchange Traded Fd (FDN), Group 1 Automotive Inc (GPI) and Leggett Platt Inc (LEG).

Top 10 Q3 2015 Sold Out Completely: Ishares (ACWI), Magellan Midstream Prtnrs Lp (MMP), Ishares Tr (EFA), Spdr SP Midcap 400 Etf Tr (MDY), Kraft Foods Group Inc (KRFT), Vanguard Index Fds (VO), Powershares Etf Trust (PKW), Vanguard Index Fds (VOE), Wisdomtree Tr (HEDJ) and Cerner Corp (CERN).

Download the full 13F form in CSV: Q3-2015-Jackson-Wealth-Management-Llc-13F-Portfolio-Stock-Holdings.csv

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Jackson Wealth Management Llc – website

13F Filing Link: 000153679915000004

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Friday, October 30th, 2015 EN

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