# PagnatoKarp Partners LLC

> Institutional holdings reported to the SEC as of Q1 2020 on Form 13F. CIK 1698215. Source: https://holderbook.com/funds/1698215-pagnatokarp-partners-llc/

- Reported value: $401.5M
- Positions: 167
- Weight of the ten largest: 52.7%
- Filed: 2020-04-16

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $43.2M | 166,556 | 10.7% | 6 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $34.4M | 266,681 | 8.6% | 6 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $32.6M | 977,376 | 8.1% | 6 |
| ARK ETF TR | [ARKK](https://holderbook.com/stocks/ARKK/) | $25.4M | 577,739 | 6.3% | 4 |
| INVESCO EXCH TRADED FD TR II | [PGX](https://holderbook.com/stocks/PGX/) | $16.0M | 1,213,943 | 4.0% | 6 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $13.5M | 52,241 | 3.4% | 6 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $12.3M | 138,700 | 3.1% | 6 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $12.2M | 245,889 | 3.0% | 6 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $11.1M | 274,804 | 2.8% | 6 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $10.7M | 200,984 | 2.7% | 6 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $9.7M | 219,767 | 2.4% | 6 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $9.2M | 89,253 | 2.3% | 6 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $7.8M | 143,589 | 1.9% | 6 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $7.7M | 30,451 | 1.9% | 6 |
| ISHARES TR | [VLUE](https://holderbook.com/stocks/VLUE/) | $7.6M | 120,629 | 1.9% | 3 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $6.9M | 43,776 | 1.7% | 6 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $6.4M | 208,154 | 1.6% | 2 |
| TELEDYNE TECHNOLOGIES INC | [TDY](https://holderbook.com/stocks/TDY/) | $6.3M | 21,270 | 1.6% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $5.4M | 2,771 | 1.3% | 6 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $5.1M | 72,774 | 1.3% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.1M | 26,040 | 1.0% | 6 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $3.8M | 112,510 | 0.9% | 6 |
| WISDOMTREE TR | [DLN](https://holderbook.com/stocks/DLN/) | $3.6M | 44,862 | 0.9% | 6 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $3.4M | 42,802 | 0.9% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.9M | 17,471 | 0.7% | 6 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $2.9M | 69,789 | 0.7% | 1 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $2.8M | 89,310 | 0.7% | 6 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.5M | 118,903 | 0.6% | 6 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $2.5M | 21,817 | 0.6% | 6 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $2.5M | 40,716 | 0.6% | 6 |
| VANECK ETF TRUST | [HYD](https://holderbook.com/stocks/HYD/) | $2.4M | 46,819 | 0.6% | 6 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $2.3M | 26,488 | 0.6% | 6 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $2.2M | 29,650 | 0.5% | 6 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.0M | 1,689 | 0.5% | 6 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.9M | 37,916 | 0.5% | 6 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $1.9M | 31,268 | 0.5% | 6 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $1.9M | 56,918 | 0.5% | 6 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $1.8M | 20,514 | 0.5% | 6 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.7M | 12,766 | 0.4% | 6 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $1.5M | 12,988 | 0.4% | 6 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $1.5M | 18,587 | 0.4% | 6 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.5M | 28,164 | 0.4% | 6 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.5M | 10,080 | 0.4% | 1 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $1.5M | 18,082 | 0.4% | 6 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.4M | 16,011 | 0.4% | 6 |
| ISHARES TR | [IYZ](https://holderbook.com/stocks/IYZ/) | $1.4M | 57,338 | 0.4% | 6 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.4M | 9,913 | 0.3% | 6 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.3M | 8,325 | 0.3% | 6 |
| ISHARES TR | [EFAV](https://holderbook.com/stocks/EFAV/) | $1.3M | 21,260 | 0.3% | 6 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.3M | 23,790 | 0.3% | 6 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.3M | 6,646 | 0.3% | 6 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.2M | 6,466 | 0.3% | 6 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.1M | 9,983 | 0.3% | 6 |
| MSA SAFETY INC | [MSA](https://holderbook.com/stocks/MSA/) | $1.1M | 10,693 | 0.3% | 6 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.1M | 27,075 | 0.3% | 6 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.1M | 8,817 | 0.3% | 6 |
| CARLYLE SECURED LENDING INC | [CGBD](https://holderbook.com/stocks/CGBD/) | $1.0M | 186,421 | 0.3% | 6 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.0M | 6,809 | 0.3% | 6 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $964.0K | 33,044 | 0.2% | 6 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $916.0K | 1,748 | 0.2% | 3 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $883.0K | 18,811 | 0.2% | 6 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $876.0K | 9,563 | 0.2% | 6 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $841.0K | 15,095 | 0.2% | 6 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $833.0K | 40,572 | 0.2% | 6 |
| SKYWORKS SOLUTIONS INC | [SWKS](https://holderbook.com/stocks/SWKS/) | $827.0K | 9,251 | 0.2% | 6 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $789.0K | 4,317 | 0.2% | 6 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $779.0K | 3,291 | 0.2% | 6 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $776.0K | 668 | 0.2% | 6 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $733.0K | 4,435 | 0.2% | 6 |
| SPDR SERIES TRUST | [SHM](https://holderbook.com/stocks/SHM/) | $723.0K | 14,782 | 0.2% | 5 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $701.0K | 6,377 | 0.2% | 6 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $695.0K | 11,065 | 0.2% | 6 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $676.0K | 15,165 | 0.2% | 6 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $671.0K | 11,310 | 0.2% | 5 |
| SPDR SERIES TRUST | [CWB](https://holderbook.com/stocks/CWB/) | $653.0K | 13,645 | 0.2% | 6 |
| BLOCK INC | [XYZ](https://holderbook.com/stocks/XYZ/) | $625.0K | 11,938 | 0.2% | 6 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $621.0K | 18,205 | 0.2% | 6 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $615.0K | 15,567 | 0.2% | 6 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $603.0K | 8,129 | 0.2% | 5 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $585.0K | 3,581 | 0.1% | 6 |
| OLD REP INTL CORP | [ORI](https://holderbook.com/stocks/ORI/) | $569.0K | 37,337 | 0.1% | 6 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $549.0K | 1,249 | 0.1% | 6 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $546.0K | 14,382 | 0.1% | 6 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $541.0K | 1,897 | 0.1% | 6 |
| CANADIAN PAC RY LTD | [CPXXXX](https://holderbook.com/stocks/CPXXXX/) | $535.0K | 2,429 | 0.1% | 6 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $534.0K | 5,379 | 0.1% | 3 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $519.0K | 10,741 | 0.1% | 6 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $515.0K | 7,112 | 0.1% | 6 |
| ARCHER DANIELS MIDLAND CO | [ADM](https://holderbook.com/stocks/ADM/) | $514.0K | 14,599 | 0.1% | 6 |
| JPMORGAN CHASE & CO | [AMJ](https://holderbook.com/stocks/AMJ/) | $499.0K | 55,270 | 0.1% | 1 |
| APARTMENT INVT & MGMT CO | [AIVXXXX](https://holderbook.com/stocks/AIVXXXX/) | $496.0K | 14,113 | 0.1% | 5 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $490.0K | 1,446 | 0.1% | 5 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $479.0K | 6,182 | 0.1% | 6 |
| ALPS ETF TR | [AMLPXXXX](https://holderbook.com/stocks/AMLPXXXX/) | $477.0K | 138,606 | 0.1% | 6 |
| DOW HLDGS INC | [DOW](https://holderbook.com/stocks/DOW/) | $469.0K | 16,039 | 0.1% | 3 |
| SSGA ACTIVE ETF TR | [TOTL](https://holderbook.com/stocks/TOTL/) | $455.0K | 9,484 | 0.1% | 6 |
| ILLUMINA INC | [ILMN](https://holderbook.com/stocks/ILMN/) | $445.0K | 1,629 | 0.1% | 2 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $441.0K | 3,065 | 0.1% | 6 |
| XILINX INC | [XLNX](https://holderbook.com/stocks/XLNX/) | $433.0K | 5,549 | 0.1% | 6 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $422.0K | 1,123 | 0.1% | 5 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2020 | -20.7% | -19.9% | -0.8% | 100% |
| Q4 2019 | +6.7% | +8.5% | -1.7% | 101% |
| Q3 2019 | +0.4% | +1.3% | -0.8% | 100% |
| Q2 2019 | +2.7% | +3.7% | -1.0% | 99% |
| Q1 2019 | +10.6% | +13.0% | -2.4% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2020 | $401.5M | 167 |
| Q4 2019 | $575.5M | 183 |
| Q3 2019 | $504.0M | 183 |
| Q2 2019 | $469.0M | 182 |
| Q1 2019 | $446.4M | 174 |
| Q4 2018 | $472.3M | 154 |