Noven is an investment fund managing more than $120 million ran by Anjanette Phetteplace. There are currently 24 companies in Mrs. Phetteplace’s portfolio. The largest investments include Ishares and Ishares Tr, together worth $84.7 million.
As of 7th October 2020, Noven’s top holding is 575,245 shares of Ishares currently worth over $61.5 million and making up 51.0% of the portfolio value.
In addition, the fund holds 250,401 shares of Ishares Tr worth $23.2 million.
The third-largest holding is Vangaurd Index Fds worth $7.39 million and the next is Invesco Exchng Traded Fd worth $4.75 million, with 360,858 shares owned.
Currently, Noven's portfolio is worth at least $120 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Noven office and employees reside in Denver, Colorado. According to the last 13-F report filed with the SEC, Anjanette Phetteplace serves as the Chief Compliance Officer at Noven.
In the most recent 13F filing, Noven revealed that it had opened a new position in
Ishares and bought 575,245 shares worth $61.5 million.
The investment fund also strengthened its position in Vangaurd Index Fds by buying
539 additional shares.
This makes their stake in Vangaurd Index Fds total 49,300 shares worth $7.39 million.
On the other hand, there are companies that Noven is getting rid of from its portfolio.
Noven closed its position in Ishares Tr on 1st May 2020.
It sold the previously owned 624,856 shares for $104 million.
Anjanette Phetteplace also disclosed a decreased stake in Ishares Tr by 0.5%.
This leaves the value of the investment at $23.2 million and 250,401 shares.
The two most similar investment funds to Noven are Ridgewood Investments and Juncture Wealth Strategies. They manage $121 million and $121 million respectively.
Noven’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 1.9% of
the total portfolio value.
The fund focuses on investments in the United States as
29.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
25% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $495 billion.
These positions were updated on May 1st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ishares Tr |
Closed
624,856
|
$103,947,000 | |
| Ishares |
Opened
575,245
|
$61,491,000 | 51.03% |
| Ishares Tr |
48.41%
250,401
|
$23,238,000 | 19.29% |
| Vangaurd Index Fds |
1.11%
49,300
|
$7,390,000 | 6.13% |
| Invesco Exchng Traded Fd |
3.08%
360,858
|
$4,749,000 | 3.94% |
| Ishares Gold Trust |
0.08%
242,246
|
$3,651,000 | 3.03% |
| Berkshire Hathaway Inc De |
0.21%
19,050
|
$3,483,000 | 2.89% |
| Vangaurd Index Fund |
1.87%
27,320
|
$3,461,000 | 2.87% |
| Schwab Strategic Tr |
7.36%
76,919
|
$3,542,000 | 2.94% |
| Ishares |
Closed
17,722
|
$2,306,000 | |
| Vangaurd Index Fds |
Closed
17,907
|
$2,146,000 | |
| Vanguard Index Fds |
Opened
10,817
|
$1,626,000 | 1.35% |
| Apple, Inc. |
13.91%
6,201
|
$1,577,000 | 1.31% |
| Vanguard World Fds |
1.32%
7,240
|
$1,202,000 | 1.00% |
| Spdr Series Trust |
5.40%
26,174
|
$1,026,000 | 0.85% |
| Invesco Exhcange Traded F |
2.26%
39,877
|
$674,000 | 0.56% |
| First Tr Exchange-traded |
No change
39,334
|
$645,000 | 0.54% |
| W.P. Carey, Inc. |
0.34%
9,583
|
$557,000 | 0.46% |
| Facebook, Inc. |
6.71%
3,265
|
$545,000 | 0.45% |
| Amazon.com, Inc. |
3.54%
234
|
$456,000 | 0.38% |
| Best Buy Co., Inc. |
3.24%
4,354
|
$248,000 | 0.21% |
| Netflix, Inc. |
Opened
617
|
$232,000 | 0.19% |
| Global X Fds |
Opened
21,593
|
$394,000 | 0.33% |
| Invesco Exchange Traded Fd T |
Opened
11,745
|
$196,000 | 0.16% |
| Ampio Pharmaceuticals, Inc. |
64.37%
202,459
|
$84,000 | 0.07% |
| Aurora Cannabis, Inc. |
No change
15,000
|
$14,000 | 0.01% |
| HEXO Corp. |
No change
15,000
|
$13,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 27 holdings | |||