Spence Asset Management Diversified Active

CIK: 0001729269 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: Apr 11, 2018

Total Value ($000): $124,824 (100.0% shares, 0.0% debt)

Holdings (39)

V Visa Inc 10.2%

Value ($000) $12,673 Shares 105,941 Est. Cost $104.54 Unrealized +9.8%

ISRG Intuitive Surgical 9.9%

Value ($000) $12,316 Shares 29,834 Est. Cost $125.15 Unrealized +11.5%

IDXX Idexx Labs 8.4%

Value ($000) $10,469 Shares 54,699 Est. Cost $157.41 Unrealized +17.3%

MA Mastercard 8.3%

Value ($000) $10,406 Shares 59,406 Est. Cost $142.19 Unrealized +15.1%

TYL Tyler Technologies 7.8%

Value ($000) $9,700 Shares 45,982 Est. Cost $177.53 Unrealized +12.7%

GOOG Alphabet 7.3%

Value ($000) $9,135 Shares 8,854 Est. Cost $50.60 Unrealized +8.3%

SCHD Schwab US Dividend Equity- ETF 6.5%

Value ($000) $8,096 Shares 165,131 Est. Cost $49.03 Unrealized —

CFR Cullen Frost 5.4%

Value ($000) $6,684 Shares 63,015 Est. Cost $82.70 Unrealized 0.0%

MSFT Microsoft 5.1%

Value ($000) $6,387 Shares 69,980 Est. Cost $84.30 Unrealized +0.0%

IT Gartner 5.1%

Value ($000) $6,351 Shares 53,998 Est. Cost $121.50 Unrealized +2.8%

— Splunk 4.4%

Value ($000) $5,535 Shares 56,253 Est. Cost $83.18 Unrealized —

ADBE Adobe 4.2%

Value ($000) $5,211 Shares 24,118 Est. Cost $172.04 Unrealized +18.2%

— Redhat 3.7%

Value ($000) $4,588 Shares 30,689 Est. Cost $120.82 Unrealized —

EXPE Expedia 3.7%

Value ($000) $4,560 Shares 38,073 Est. Cost $125.31 Unrealized -10.1%

GPN Global Payments 3.5%

Value ($000) $4,349 Shares 38,996 Est. Cost $95.16 Unrealized +10.5%

— Total Systems Services 3.1%

Value ($000) $3,845 Shares 44,573 Est. Cost $86.26 Unrealized —

TREE Lendingtree Inc 2.8%

Value ($000) $3,455 Shares 10,528 Est. Cost $328.17 Unrealized —

— ALPS Alerian MLP ETF 0.2%

Value ($000) $240 Shares 25,641 Est. Cost $10.53 Unrealized —

SCHK Schwab 1000 Index- ETF 0.1%

Value ($000) $151 Shares 5,793 Est. Cost $26.07 Unrealized —

IWM Ishares Tr Russell 2000 0.1%

Value ($000) $82 Shares 538 Est. Cost $152.42 Unrealized —

VOO Vanguard S&P 500 ETF 0.1%

Value ($000) $76 Shares 312 Est. Cost $246.79 Unrealized —

IWR Ishares Russell Midcap 0.1%

Value ($000) $75 Shares 362 Est. Cost $207.18 Unrealized —

AGG Ishares Core US Aggregate Bond ETF 0.1%

Value ($000) $75 Shares 696 Est. Cost $107.76 Unrealized —

ACWX Ishares MSCI ACWAI EX US- ETF 0.1%

Value ($000) $74 Shares 1,494 Est. Cost $50.20 Unrealized —

— F&C/Claymore Pfd Secs Income Fund 0.0%

Value ($000) $58 Shares 3,074 Est. Cost $20.49 Unrealized —

VNQ Vanguard REIT ETF 0.0%

Value ($000) $53 Shares 706 Est. Cost $83.03 Unrealized —

— Flaherty & Crumrine Total Return Fund 0.0%

Value ($000) $33 Shares 1,675 Est. Cost $21.46 Unrealized —

SCHA Schwab US Small-Cap- ETF 0.0%

Value ($000) $20 Shares 286 Est. Cost $69.93 Unrealized —

— Pimco Corporate Income Fund 0.0%

Value ($000) $18 Shares 1,100 Est. Cost $17.27 Unrealized —

— Nuveen Quality Pfd Income Fd 0.0%

Value ($000) $17 Shares 1,695 Est. Cost $10.03 Unrealized —

AMZN Amazon 0.0%

Value ($000) $16 Shares 11 Est. Cost $55.02 Unrealized +30.0%

SCHM Schwab US Mid-Cap ETF 0.0%

Value ($000) $16 Shares 311 Est. Cost $54.66 Unrealized —

— Cohen & Steers REIT & PFD Inc 0.0%

Value ($000) $12 Shares 640 Est. Cost $21.88 Unrealized —

CRM Salesforce 0.0%

Value ($000) $11 Shares 97 Est. Cost $100.69 Unrealized +12.7%

VCSH Vanguard Corp Bond- ETF 0.0%

Value ($000) $9 Shares 113 Est. Cost $79.65 Unrealized —

GOOGL Alphabet 0.0%

Value ($000) $8 Shares 8 Est. Cost $51.24 Unrealized +7.4%

— John Hancock Pfd Equity Inc 0.0%

Value ($000) $8 Shares 400 Est. Cost $22.50 Unrealized —

— Powershares India 0.0%

Value ($000) $7 Shares 275 Est. Cost $26.40 Unrealized —

— Duff &Phelps Util & Corp Bond Trust 0.0%

Value ($000) $5 Shares 580 Est. Cost $8.62 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
V	Visa Inc	105,941	$12,673	10.2%	$104.54	+9.8%	COM	92826C839
ISRG	Intuitive Surgical	29,834	$12,316	9.9%	$125.15	+11.5%	COM	46120E602
IDXX	Idexx Labs	54,699	$10,469	8.4%	$157.41	+17.3%	COM	45168D104
MA	Mastercard	59,406	$10,406	8.3%	$142.19	+15.1%	COM	57636Q104
TYL	Tyler Technologies	45,982	$9,700	7.8%	$177.53	+12.7%	COM	902252105
GOOG	Alphabet	8,854	$9,135	7.3%	$50.60	+8.3%	COM	02079K107
SCHD	Schwab US Dividend Equity- ETF	165,131	$8,096	6.5%	$49.03	—	ETF	808524797
CFR	Cullen Frost	63,015	$6,684	5.4%	$82.70	0.0%	COM	229899109
MSFT	Microsoft	69,980	$6,387	5.1%	$84.30	+0.0%	COM	594918104
IT	Gartner	53,998	$6,351	5.1%	$121.50	+2.8%	COM	366651107
—	Splunk	56,253	$5,535	4.4%	$83.18	—	COM	848637104
ADBE	Adobe	24,118	$5,211	4.2%	$172.04	+18.2%	COM	00724F101
—	Redhat	30,689	$4,588	3.7%	$120.82	—	COM	756577102
EXPE	Expedia	38,073	$4,560	3.7%	$125.31	-10.1%	COM	30212P303
GPN	Global Payments	38,996	$4,349	3.5%	$95.16	+10.5%	COM	37940X102
—	Total Systems Services	44,573	$3,845	3.1%	$86.26	—	COM	891906109
TREE	Lendingtree Inc	10,528	$3,455	2.8%	$328.17	—	COM	52603B107
—	ALPS Alerian MLP ETF	25,641	$240	0.2%	$10.53	—	ETF	00162Q866
SCHK	Schwab 1000 Index- ETF	5,793	$151	0.1%	$26.07	—	ETF	808524722
IWM	Ishares Tr Russell 2000	538	$82	0.1%	$152.42	—	ETF	464287655
VOO	Vanguard S&P 500 ETF	312	$76	0.1%	$246.79	—	ETF	922908363
IWR	Ishares Russell Midcap	362	$75	0.1%	$207.18	—	ETF	464287499
AGG	Ishares Core US Aggregate Bond ETF	696	$75	0.1%	$107.76	—	ETF	464287226
ACWX	Ishares MSCI ACWAI EX US- ETF	1,494	$74	0.1%	$50.20	—	ETF	464288240
—	F&C/Claymore Pfd Secs Income Fund	3,074	$58	0.0%	$20.49	—	COM	338478100
VNQ	Vanguard REIT ETF	706	$53	0.0%	$83.03	—	ETF	922908553
—	Flaherty & Crumrine Total Return Fund	1,675	$33	0.0%	$21.46	—	COM	338479108
SCHA	Schwab US Small-Cap- ETF	286	$20	0.0%	$69.93	—	ETF	808524607
—	Pimco Corporate Income Fund	1,100	$18	0.0%	$17.27	—	COM	72200U100
—	Nuveen Quality Pfd Income Fd	1,695	$17	0.0%	$10.03	—	COM	67072C105
AMZN	Amazon	11	$16	0.0%	$55.02	+30.0%	COM	023135106
SCHM	Schwab US Mid-Cap ETF	311	$16	0.0%	$54.66	—	ETF	808524508
—	Cohen & Steers REIT & PFD Inc	640	$12	0.0%	$21.88	—	COM	19247X100
CRM	Salesforce	97	$11	0.0%	$100.69	+12.7%	COM	79466L302
VCSH	Vanguard Corp Bond- ETF	113	$9	0.0%	$79.65	—	ETF	92206C409
GOOGL	Alphabet	8	$8	0.0%	$51.24	+7.4%	COM	02079K305
—	John Hancock Pfd Equity Inc	400	$8	0.0%	$22.50	—	COM	41013W108
—	Powershares India	275	$7	0.0%	$26.40	—	ETF	73935L100
—	Duff &Phelps Util & Corp Bond Trust	580	$5	0.0%	$8.62	—	COM	26432K108