Style
IndexTurnover
Orientation
Index / PassiveHighTower Advisors employs an active, growth-oriented style with very low turnover, reflecting a long-term, conviction-driven philosophy. The portfolio is highly concentrated at the top, with Apple, Johnson & Johnson, and iShares ETFs representing over 8% of assets, yet this concentration is moderated by a broad 3,796-position portfolio. Notably, 52.7% of assets are classified as unclassified, potentially indicating significant holdings in non-traditional or pooled vehicles, while Technology (11.7%) and Healthcare (6.4%) are the largest defined sectors. The sizable positions in broad market ETFs like IVV, SPY, and VOO, alongside individual mega-caps, suggest a core-satellite strategy that blends passive market exposure with high-conviction active bets. This positioning, combined with 1.5% and 1.2% allocations to Berkshire Hathaway’s dual share classes, underscores a pragmatic approach that prioritizes liquidity and long-term compounding over aggressive sector rotation.
| # | Security | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | Apple Inc(AAPL) | 11,467,783 | $3.3B | 3.19% |
| 2 | Johnson & Johnson(JNJ) | 9,892,767 | $2.5B | 2.41% |
| 3 | Ishares TR(IVV) | 3,272,035 | $2.5B | 2.35% |
| 4 | State STR Spdr S&P 500 ETF T(SPY) | 2,709,844 | $2.0B | 1.94% |
Latest filing, equity positions only
| 5 |
| Vanguard Index FDS(VOO) |
| 2,758,297 |
| $1.9B |
| 1.82% |
| 6 | Microsoft Corp(MSFT) | 5,008,045 | $1.9B | 1.79% |
| 7 | Nvidia Corporation(NVDA) | 7,407,961 | $1.5B | 1.42% |
| 8 | Berkshire Hathaway Inc del(BRK/A) | 1,946 | $1.5B | 1.40% |
| 9 | Amazon COM Inc(AMZN) | 6,013,605 | $1.4B | 1.38% |
| 10 | Alphabet Inc(GOOGL) | 3,643,071 | $1.3B | 1.25% |
Quarter-over-quarter weight changes
| Sector | Prev % | Curr % | Change |
|---|---|---|---|
| Technology | 11.81% | 13.2% | +1.39% |
| Unclassified | 49.5% | 50.66% | +1.16% |
| Energy | 3.53% | 2.65% | -0.88% |
| Consumer Defensive | 3.22% | 2.77% | -0.45% |
| Financial Services | 8.58% | 8.24% | -0.34% |
| Communication Services | 3.93% | 3.66% | -0.27% |
| Healthcare | 6.46% | 6.2% | -0.26% |
| Consumer Cyclical | 4.54% | 4.3% | -0.24% |
| Utilities | 1.57% | 1.47% | -0.1% |
| Industrials | 4.65% | 4.71% | +0.06% |
| Basic Materials | 1.05% | 0.99% | -0.06% |
| Real Estate | 1.16% | 1.14% | -0.02% |
Quarter-over-quarter weight changes by market cap
| Cap Size | Prev % | Curr % | Change |
|---|---|---|---|
| Unclassified | 49.52% | 50.67% | +1.15% |
| Mega Cap | 30.57% | 30.22% | -0.35% |
| Large Cap | 16.92% | 16.02% | -0.9% |
| Mid Cap | 2.03% | 1.94% | -0.09% |
| Small Cap | 0.9% | 1.1% | +0.2% |
| Micro Cap | 0.05% | 0.04% | -0.01% |
Quarter-over-quarter position changes