SP Asset Management Buys Vanguard Mid-Cap, Alphabet Inc, Alphabet Inc, Sells iShares Nasdaq Biotechnology Index Fund, ProShares UltraPro QQQ, iShares Russell 1000 Growth

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May 13, 2020
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Investment company SP Asset Management (Current Portfolio) buys Vanguard Mid-Cap, Alphabet Inc, Alphabet Inc, iShares Expanded Tech-Software Sector, Pinterest Inc, sells iShares Nasdaq Biotechnology Index Fund, ProShares UltraPro QQQ, iShares Russell 1000 Growth, Tesla Inc, Under Armour Inc during the 3-months ended 2020Q1, according to the most recent filings of the investment company, SP Asset Management. As of 2020Q1, SP Asset Management owns 81 stocks with a total value of $368 million. These are the details of the buys and sells.

For the details of SP Asset Management's stock buys and sells, go to https://www.gurufocus.com/guru/sp+asset+management/current-portfolio/portfolio

These are the top 5 holdings of SP Asset Management
  1. Facebook Inc (FB) - 765,631 shares, 34.73% of the total portfolio. Shares added by 3.71%
  2. UnitedHealth Group Inc (UNH) - 64,582 shares, 4.38% of the total portfolio. Shares added by 8.76%
  3. Microsoft Corp (MSFT) - 80,598 shares, 3.46% of the total portfolio. Shares added by 3.24%
  4. Johnson & Johnson (JNJ) - 90,272 shares, 3.22% of the total portfolio. Shares added by 1.76%
  5. Apple Inc (AAPL) - 46,326 shares, 3.20% of the total portfolio. Shares added by 13.93%
New Purchase: iShares Expanded Tech-Software Sector (IGV)

SP Asset Management initiated holding in iShares Expanded Tech-Software Sector. The purchase prices were between $184.82 and $265.15, with an estimated average price of $235.17. The stock is now traded at around $251.92. The impact to a portfolio due to this purchase was 0.51%. The holding were 8,917 shares as of .

New Purchase: Pinterest Inc (PINS)

SP Asset Management initiated holding in Pinterest Inc. The purchase prices were between $10.92 and $25.2, with an estimated average price of $19.57. The stock is now traded at around $17.76. The impact to a portfolio due to this purchase was 0.4%. The holding were 95,382 shares as of .

New Purchase: SPDR Select Sector Fund - Energy Select Sector (XLE)

SP Asset Management initiated holding in SPDR Select Sector Fund - Energy Select Sector. The purchase prices were between $23.57 and $60.87, with an estimated average price of $48.26. The stock is now traded at around $37.43. The impact to a portfolio due to this purchase was 0.35%. The holding were 40,674 shares as of .

New Purchase: Vanguard High Dividend Yield (VYM)

SP Asset Management initiated holding in Vanguard High Dividend Yield. The purchase prices were between $60.97 and $94.78, with an estimated average price of $86.65. The stock is now traded at around $75.49. The impact to a portfolio due to this purchase was 0.2%. The holding were 10,305 shares as of .

New Purchase: iShares U.S. Preferred Stock (PFF)

SP Asset Management initiated holding in iShares U.S. Preferred Stock. The purchase prices were between $25.12 and $38.29, with an estimated average price of $36.09. The stock is now traded at around $34.10. The impact to a portfolio due to this purchase was 0.14%. The holding were 15,981 shares as of .

New Purchase: Qualcomm Inc (QCOM)

SP Asset Management initiated holding in Qualcomm Inc. The purchase prices were between $60.91 and $95.91, with an estimated average price of $82.41. The stock is now traded at around $78.42. The impact to a portfolio due to this purchase was 0.1%. The holding were 5,701 shares as of .

Added: Vanguard Mid-Cap (VO)

SP Asset Management added to a holding in Vanguard Mid-Cap by 380.40%. The purchase prices were between $112.37 and $186.27, with an estimated average price of $167.2. The stock is now traded at around $148.64. The impact to a portfolio due to this purchase was 0.78%. The holding were 27,580 shares as of .

Added: Alphabet Inc (GOOGL)

SP Asset Management added to a holding in Alphabet Inc by 87.99%. The purchase prices were between $1054.13 and $1524.87, with an estimated average price of $1359.46. The stock is now traded at around $1375.18. The impact to a portfolio due to this purchase was 0.71%. The holding were 4,822 shares as of .

Added: Alphabet Inc (GOOG)

SP Asset Management added to a holding in Alphabet Inc by 122.57%. The purchase prices were between $1056.62 and $1526.69, with an estimated average price of $1361.82. The stock is now traded at around $1375.74. The impact to a portfolio due to this purchase was 0.66%. The holding were 3,777 shares as of .

Added: Vanguard Growth (VUG)

SP Asset Management added to a holding in Vanguard Growth by 24.74%. The purchase prices were between $137.53 and $201.6, with an estimated average price of $180.87. The stock is now traded at around $182.49. The impact to a portfolio due to this purchase was 0.19%. The holding were 22,311 shares as of .

Added: iShares MSCI Emerging Index Fund (EEM)

SP Asset Management added to a holding in iShares MSCI Emerging Index Fund by 20.72%. The purchase prices were between $30.61 and $46.3, with an estimated average price of $41.03. The stock is now traded at around $36.46. The impact to a portfolio due to this purchase was 0.16%. The holding were 103,228 shares as of .

Added: Direxion Small Cap Bull 3X Shares (TNA)

SP Asset Management added to a holding in Direxion Small Cap Bull 3X Shares by 40.91%. The purchase prices were between $11.4 and $76.84, with an estimated average price of $55.94. The stock is now traded at around $20.43. The impact to a portfolio due to this purchase was 0.14%. The holding were 106,478 shares as of .

Sold Out: iShares Nasdaq Biotechnology Index Fund (IBB)

SP Asset Management sold out a holding in iShares Nasdaq Biotechnology Index Fund. The sale prices were between $94.39 and $123.48, with an estimated average price of $115.7.

Sold Out: ProShares UltraPro QQQ (TQQQ)

SP Asset Management sold out a holding in ProShares UltraPro QQQ. The sale prices were between $35.62 and $118.06, with an estimated average price of $85.27.

Sold Out: iShares Russell 1000 Growth (IWF)

SP Asset Management sold out a holding in iShares Russell 1000 Growth. The sale prices were between $131.24 and $191.72, with an estimated average price of $171.91.

Sold Out: Tesla Inc (TSLA)

SP Asset Management sold out a holding in Tesla Inc. The sale prices were between $361.22 and $917.42, with an estimated average price of $619.73.

Sold Out: PayPal Holdings Inc (PYPL)

SP Asset Management sold out a holding in PayPal Holdings Inc. The sale prices were between $85.26 and $123.91, with an estimated average price of $110.65.

Sold Out: iShares Russell 2000 (IWM)

SP Asset Management sold out a holding in iShares Russell 2000. The sale prices were between $99.52 and $168.88, with an estimated average price of $148.55.



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