Quantitative Advantage 13F annual report
Quantitative Advantage is an investment fund managing more than $571 million ran by Kurt Brandt. There are currently 65 companies in Mr. Brandt’s portfolio. The largest investments include Dimensional Etf Trust and Vanguard Index Fds, together worth $73 million.
$571 million Assets Under Management (AUM)
As of 7th November 2022, Quantitative Advantage’s top holding is 1,168,874 shares of Dimensional Etf Trust currently worth over $45.6 million and making up 8.0% of the portfolio value.
In addition, the fund holds 152,510 shares of Vanguard Index Fds worth $27.4 million.
The third-largest holding is Ishares Tr worth $77.1 million and the next is Flexshares Tr worth $25.6 million, with 184,944 shares owned.
Currently, Quantitative Advantage's portfolio is worth at least $571 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.
Careers at Quantitative Advantage
The Quantitative Advantage office and employees reside in Minnetonka, Minnesota. According to the last 13-F report filed with the SEC, Kurt Brandt serves as the Chief Financial Officer at Quantitative Advantage.
Recent trades
In the most recent 13F filing, Quantitative Advantage revealed that it had opened a new position in
Listed Fd Tr and bought 212,444 shares worth $6.31 million.
The investment fund also strengthened its position in Vanguard Index Fds by buying
4,864 additional shares.
This makes their stake in Vanguard Index Fds total 152,510 shares worth $27.4 million.
On the other hand, there are companies that Quantitative Advantage is getting rid of from its portfolio.
Quantitative Advantage closed its position in Goldman Sachs Etf Tr on 14th November 2022.
It sold the previously owned 384,881 shares for $38.4 million.
Kurt Brandt also disclosed a decreased stake in Dimensional Etf Trust by approximately 0.1%.
This leaves the value of the investment at $45.6 million and 1,168,874 shares.
One of the average hedge funds
The two most similar investment funds to Quantitative Advantage are Cove Street Capital and N.e.w. Advisory Services. They manage $571 million and $571 million respectively.
Kurt Brandt investment strategy
Quantitative Advantage’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Miscellaneous — making up 3.5% of
the total portfolio value.
The fund focuses on investments in the Unknown as
100.0% of the portfolio companies
are based in the Unknown.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
2% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $0.
The complete list of Quantitative Advantage trades based on 13F SEC filings
These positions were updated on November 14th 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 |
|---|---|---|---|
| Dimensional Etf Trust |
2.14%
1,168,874
|
$45,611,000 | 7.99% |
| Goldman Sachs Etf Tr |
Closed
384,881
|
$38,427,000 | |
| Vanguard Index Fds |
3.29%
152,510
|
$27,371,000 | 4.80% |
| Ishares Tr |
1.94%
951,297
|
$77,148,000 | 13.52% |
| Flexshares Tr |
4.36%
184,944
|
$25,574,000 | 4.48% |
| VanEck ETF Trust |
1.02%
331,913
|
$19,911,000 | 3.49% |
| Select Sector Spdr Tr |
1.85%
556,408
|
$40,176,000 | 7.04% |
| Vanguard World Fds |
Closed
56,928
|
$18,590,000 | |
| Vanguard Intl Equity Index F |
4.72%
406,397
|
$18,028,000 | 3.16% |
| Ssga Active Etf Tr |
105.78%
416,236
|
$16,724,000 | 2.93% |
| Goldman Sachs Etf Tr |
1.18%
1,045,688
|
$38,120,000 | 6.68% |
| Pimco Etf Tr |
87.25%
233,908
|
$18,774,000 | 3.29% |
| J P Morgan Exchange Traded F |
25.90%
443,033
|
$26,892,000 | 4.71% |
| Indexiq Etf Tr |
2.40%
480,471
|
$13,328,000 | 2.34% |
| Hartford Fds Exchange Traded |
81.34%
442,846
|
$14,569,000 | 2.55% |
| Lattice Strategies Tr |
2.92%
442,545
|
$9,621,000 | 1.69% |
| Invesco Exch Trd Slf Idx Fd |
4.33%
237,881
|
$9,292,000 | 1.63% |
| Vanguard World Fd |
4.14%
72,601
|
$9,062,000 | 1.59% |
| First Tr Exchng Traded Fd Vi |
66.92%
472,372
|
$10,933,000 | 1.92% |
| Vanguard World Fds |
1.04%
175,770
|
$22,324,000 | 3.91% |
| Listed Fd Tr |
Opened
212,444
|
$6,311,000 | 1.11% |
| John Hancock Exchange Traded |
1.64%
271,669
|
$5,908,000 | 1.04% |
| Kraneshares Tr |
Opened
262,011
|
$8,072,000 | 1.41% |
| Spdr Index Shs Fds |
1.83%
326,031
|
$12,008,000 | 2.10% |
| Agf Invts Tr |
Opened
252,489
|
$5,133,000 | 0.90% |
| First Tr Exchange Trad Fd Vi |
Opened
149,075
|
$4,633,000 | 0.81% |
| First Tr Exch Traded Fd Iii |
Opened
96,116
|
$4,501,000 | 0.79% |
| Indexiq Etf Tr |
Opened
137,784
|
$4,311,000 | 0.76% |
| Invesco Actvely Mngd Etc Fd |
2.83%
263,953
|
$4,271,000 | 0.75% |
| Etf Ser Solutions |
Opened
162,323
|
$4,121,000 | 0.72% |
| Invesco Db Us Dlr Index Tr |
0.06%
135,655
|
$4,090,000 | 0.72% |
| Wisdomtree Tr |
13.33%
183,352
|
$5,973,000 | 1.05% |
| Invesco Actively Managed Etf |
18.27%
213,484
|
$6,684,000 | 1.17% |
| Nushares Etf Tr |
0.74%
169,563
|
$3,449,000 | 0.60% |
| Abrdn Gold Etf Trust |
0.00%
201,221
|
$3,203,000 | 0.56% |
| Invesco Currencyshares Swiss |
0.18%
35,377
|
$3,200,000 | 0.56% |
| Vanguard Whitehall Fds |
0.05%
47,013
|
$2,703,000 | 0.47% |
| Invesco Currencyshares Japan |
0.29%
41,478
|
$2,680,000 | 0.47% |
| First Tr Exchange Trad Fd Vi |
1.41%
104,516
|
$2,648,000 | 0.46% |
| Indexiq Active Etf Tr |
6.18%
105,119
|
$2,459,000 | 0.43% |
| Litman Gregory Fds Tr |
Opened
64,622
|
$2,193,000 | 0.38% |
| Vanguard Mun Bd Fds |
36.47%
43,481
|
$2,093,000 | 0.37% |
| American Centy Etf Tr |
1.05%
54,973
|
$3,091,000 | 0.54% |
| Franklin Templeton Etf Tr |
5.96%
85,093
|
$1,936,000 | 0.34% |
| Simplify Exchange Traded Fun |
Opened
82,035
|
$1,715,000 | 0.30% |
| Spdr Ser Tr |
21.63%
89,491
|
$3,662,000 | 0.64% |
| Wisdomtree Tr |
Opened
29,214
|
$1,332,000 | 0.23% |
| Altshares Trust |
Opened
47,300
|
$1,260,000 | 0.22% |
| Invesco Exchange Traded Fd T |
34.94%
72,446
|
$1,457,000 | 0.26% |
| Columbia Etf Tr I |
36.45%
57,453
|
$1,119,000 | 0.20% |
| Abrdn Etfs |
1.00%
42,413
|
$1,096,000 | 0.19% |
| First Tr Exch Traded Fd Iii |
2.49%
23,337
|
$1,060,000 | 0.19% |
| Innovator Etfs Tr |
1.41%
31,427
|
$1,022,000 | 0.18% |
| Vanguard Scottsdale Fds |
1.55%
35,322
|
$1,809,000 | 0.32% |
| Schwab Strategic Tr |
Opened
22,305
|
$937,000 | 0.16% |
| Dbx Etf Tr |
40.43%
44,831
|
$815,000 | 0.14% |
| Ishares Tr |
Opened
2,084
|
$747,000 | 0.13% |
| Vanguard Star Fds |
Opened
11,930
|
$546,000 | 0.10% |
| First Tr Nasdaq 100 Tech Ind |
3.05%
4,727
|
$496,000 | 0.09% |
| Tidal Etf Tr |
Closed
12,386
|
$402,000 | |
| Ssga Active Tr |
13.43%
14,265
|
$371,000 | 0.07% |
| Ssga Active Etf Tr |
Closed
12,582
|
$352,000 | |
| Vanguard Bd Index Fds |
Opened
4,186
|
$299,000 | 0.05% |
| Spdr Ser Tr |
Opened
11,809
|
$295,000 | 0.05% |
| Spdr Ser Tr |
Closed
2,938
|
$269,000 | |
| Global X Fds |
12.89%
36,861
|
$688,000 | 0.12% |
| Invesco Exch Traded Fd Tr Ii |
15.89%
6,417
|
$242,000 | 0.04% |
| First Tr Sml Cp Core Alpha F |
Opened
2,998
|
$218,000 | 0.04% |
| Listed Fd Tr |
Closed
7,066
|
$202,000 | |
| Innovator Etfs Tr |
Opened
7,450
|
$200,000 | 0.04% |
| Global X Fds |
Opened
10,325
|
$165,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 71 holdings | |||
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