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Asset Manager ← All Institutions

Kensington Asset Management, LLC

Q2 2025 · Filed 2025-08-12
Market Value
$1.3B
+40.3%
Holdings
44
+10
New Purchases
16
Added To
8
Closed
15
Reduced
4
Top 10 Concentration
88.5%
Turnover
70.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
QQQ 15.28% 0.00% +15.28% $202M
VOO 23.57% 11.37% +12.20% $312M
MGK 7.24% 0.00% +7.24% $96M
IWF 7.21% 0.00% +7.21% $95M
VUG 7.21% 0.00% +7.21% $95M
PYLD 3.02% 0.89% +2.13% $40M
FLTR 1.82% 0.00% +1.82% $24M
GSST 1.80% 0.00% +1.80% $24M
HYLB 5.27% 3.72% +1.55% $70M
VNLA 1.30% 0.62% +0.68% $17M
YEAR 0.38% 0.00% +0.38% $5M
SPEM 0.30% 0.00% +0.30% $4M
IEF 1.06% 0.76% +0.30% $14M
JSI 1.49% 1.19% +0.30% $20M
FLJP 0.29% 0.00% +0.29% $4M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
JNK 0.00% 11.48% -11.48% $0
USHY 10.75% 18.14% -7.39% $142M
JAAA 0.00% 5.64% -5.64% $0
SRLN 0.00% 5.42% -5.42% $0
SPHY 5.97% 10.37% -4.40% $79M
SJNK 0.00% 3.87% -3.87% $0
ANGL 3.02% 6.79% -3.77% $40M
VCSH 0.00% 3.39% -3.39% $0
BKLN 0.00% 3.30% -3.30% $0
LONZ 0.00% 2.23% -2.23% $0
HYGV 0.00% 2.22% -2.22% $0
PULS 0.00% 1.39% -1.39% $0
FLHY 0.00% 1.28% -1.28% $0
SGOL 0.00% 0.89% -0.89% $0
IYR 0.00% 0.83% -0.83% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 3 $610M 46.1%
Large Cap 16 $482M 36.4%
Mid Cap 13 $173M 13.1%
Small Cap 9 $51M 3.8%
Micro Cap 3 $9M 0.7%

Portfolio Analytics

Avg Market Cap
$70.5B
Median Market Cap
$7.6B
Avg P/E
Median P/E
Avg Dividend Yield
—%
Avg Beta
0.51
# Stocks
0
# ETFs / Funds
44

Top Holdings (44 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VOO 23.57% 549,593 $312M $568.03 $205M +340,782 +163.2%
2 QQQ 15.28% 366,881 $202M $551.64 +366,881 NEW
3 USHY 10.75% 3,795,450 $142M $37.51 -$29M -855,660 -18.4%
4 MGK 7.24% 261,800 $96M $366.17 +261,800 NEW
5 IWF 7.21% 224,830 $95M $424.58 +224,830 NEW
6 VUG 7.21% 217,710 $95M $438.40 +217,710 NEW
7 SPHY 5.97% 3,323,020 $79M $23.80 -$19M -856,080 -20.5%
8 HYLB 5.27% 1,889,800 $70M $36.92 $35M +919,800 +94.8%
9 PYLD 3.02% 1,507,954 $40M $26.54 $32M +1,188,303 +371.8%
10 ANGL 3.02% 1,363,870 $40M $29.28 -$24M -855,856 -38.6%
11 FLTR 1.82% 947,498 $24M $25.50 +947,498 NEW
12 GSST 1.80% 470,267 $24M $50.56 +470,267 NEW
13 JSI 1.49% 375,115 $20M $52.62 $8M +160,015 +74.4%
14 VNLA 1.30% 348,807 $17M $49.20 $11M +229,867 +193.3%
15 FLOT 1.13% 293,483 $15M $51.02 $7M +135,036 +85.2%
16 IEF 1.06% 146,875 $14M $95.77 $7M +71,255 +94.2%
17 BKUI 0.51% 135,703 $7M $49.88 $565K +11,302 +9.1%
18 YEAR 0.38% 100,131 $5M $50.66 +100,131 NEW
19 SPEM 0.30% 93,373 $4M $42.74 +93,373 NEW
20 FLJP 0.29% 120,172 $4M $32.15 +120,172 NEW
21 VGK 0.29% 49,737 $4M $77.50 -$4M -59,928 -54.6%
22 JPST 0.28% 72,857 $4M $50.68 +72,857 NEW
23 VUSB 0.26% 69,090 $3M $49.87 +69,090 NEW
24 USMV 0.17% 23,980 $2M $93.87 +23,980 NEW
25 BKGI 0.12% 39,720 $2M $39.28 +39,720 NEW
26 CGUI 0.11% 59,931 $2M $25.23 +59,931 NEW
27 EMB 0.07% 10,680 $989K $92.62 +10,680 NEW
28 JHHY 0.05% 25,000 $645K $25.80 $11K
29 XCCC 0.03% 10,906 $423K $38.82 +10,906 NEW
30 HYGV —% -$21M -518,700 -100.0% SOLD
31 BKLN —% -$31M -1,503,940 -100.0% SOLD
32 SPLG —% -$8M -118,903 -100.0% SOLD
33 LONZ —% -$21M -418,184 -100.0% SOLD
34 SJNK —% -$36M -1,450,000 -100.0% SOLD
35 IYR —% -$8M -81,873 -100.0% SOLD
36 VCSH —% -$32M -404,709 -100.0% SOLD
37 JBBB —% -$1M -29,260 -100.0% SOLD
38 SRLN —% -$51M -1,244,811 -100.0% SOLD
39 JAAA —% -$53M -1,050,087 -100.0% SOLD
40 JNK —% -$108M -1,136,980 -100.0% SOLD
41 PULS —% -$13M -264,464 -100.0% SOLD
42 SGOL —% -$8M -280,678 -100.0% SOLD
43 HYG —% -$8M -98,852 -100.0% SOLD
44 FLHY —% -$12M -508,911 -100.0% SOLD

New Positions

SymbolValue% Port
QQQ $202M 15.28%
MGK $96M 7.24%
IWF $95M 7.21%
VUG $95M 7.21%
FLTR $24M 1.82%
GSST $24M 1.80%
YEAR $5M 0.38%
SPEM $4M 0.30%
FLJP $4M 0.29%
JPST $4M 0.28%
VUSB $3M 0.26%
USMV $2M 0.17%
BKGI $2M 0.12%
CGUI $2M 0.11%
EMB $989K 0.07%

Sold Out Positions

SymbolValue% Port
HYG —%
IYR —%
JNK —%
BKLN —%
JBBB —%
SGOL —%
HYGV —%
JAAA —%
SRLN —%
FLHY —%
PULS —%
SJNK —%
VCSH —%
LONZ —%
SPLG —%
View SEC EDGAR Filings for Kensington Asset Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms