# Watson Rebecca

> Institutional holdings reported to the SEC as of Q3 2020 on Form 13F. CIK 1795711. Source: https://holderbook.com/funds/1795711-watson-rebecca/

- Reported value: $169.7M
- Positions: 81
- Weight of the ten largest: 65.0%
- Filed: 2020-10-22

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 |
|---|---|---|---|---|---|
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $24.9M | 390,261 | 14.7% | 4 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $18.2M | 154,289 | 10.7% | 4 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $17.5M | 218,470 | 10.3% | 4 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $13.6M | 266,800 | 8.0% | 4 |
| GOLDMAN SACHS ETF TR | [GSIE](https://holderbook.com/stocks/GSIE/) | $8.8M | 314,283 | 5.2% | 4 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $6.3M | 114,124 | 3.7% | 4 |
| ISHARES TR | [QLTA](https://holderbook.com/stocks/QLTA/) | $5.8M | 100,294 | 3.4% | 4 |
| ISHARES TR | [IHI](https://holderbook.com/stocks/IHI/) | $5.7M | 19,141 | 3.4% | 4 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $5.2M | 15,425 | 3.1% | 4 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $4.4M | 15,688 | 2.6% | 4 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.2M | 36,113 | 2.5% | 4 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $3.8M | 136,254 | 2.2% | 4 |
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $3.8M | 75,084 | 2.2% | 4 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $3.5M | 59,580 | 2.1% | 4 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $3.0M | 16,378 | 1.8% | 4 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $2.3M | 80,032 | 1.3% | 4 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $2.2M | 17,481 | 1.3% | 4 |
| ISHARES TR | [EFAV](https://holderbook.com/stocks/EFAV/) | $2.1M | 30,438 | 1.2% | 4 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.9M | 36,751 | 1.1% | 4 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $1.6M | 50,752 | 0.9% | 4 |
| FIDELITY COVINGTON TRUST | [FUTY](https://holderbook.com/stocks/FUTY/) | $1.6M | 40,958 | 0.9% | 4 |
| ISHARES TR | [DSI](https://holderbook.com/stocks/DSI/) | $1.2M | 9,650 | 0.7% | 4 |
| INVESCO EXCH TRADED FD TR II | [PZA](https://holderbook.com/stocks/PZA/) | $1.2M | 44,562 | 0.7% | 4 |
| ISHARES TR | [EAGG](https://holderbook.com/stocks/EAGG/) | $1.1M | 20,146 | 0.7% | 4 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $1.1M | 7,992 | 0.6% | 4 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.0M | 4,961 | 0.6% | 4 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $1.0M | 5,278 | 0.6% | 4 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.0M | 6,645 | 0.6% | 2 |
| FIDELITY COVINGTON TRUST | [FHLC](https://holderbook.com/stocks/FHLC/) | $973.0K | 18,499 | 0.6% | 2 |
| FIDELITY COVINGTON TRUST | [FTEC](https://holderbook.com/stocks/FTEC/) | $969.0K | 10,522 | 0.6% | 3 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $947.0K | 6,361 | 0.6% | 4 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $888.0K | 24,302 | 0.5% | 4 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $778.0K | 6,271 | 0.5% | 4 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $775.0K | 13,474 | 0.5% | 3 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $724.0K | 6,125 | 0.4% | 4 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $681.0K | 8,350 | 0.4% | 4 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $661.0K | 2,599 | 0.4% | 4 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $568.0K | 4,090 | 0.3% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $509.0K | 1,520 | 0.3% | 4 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $501.0K | 13,660 | 0.3% | 4 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $487.0K | 12,238 | 0.3% | 4 |
| ISHARES TR | [SUSB](https://holderbook.com/stocks/SUSB/) | $483.0K | 18,513 | 0.3% | 4 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $460.0K | 7,240 | 0.3% | 4 |
| VEEVA SYS INC | [VEEV](https://holderbook.com/stocks/VEEV/) | $450.0K | 1,600 | 0.3% | 4 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $448.0K | 8,476 | 0.3% | 4 |
| ISHARES U S ETF TR | [LQDH](https://holderbook.com/stocks/LQDH/) | $447.0K | 4,895 | 0.3% | 4 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $422.0K | 3,470 | 0.2% | 4 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $408.0K | 5,807 | 0.2% | 4 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $392.0K | 1,242 | 0.2% | 4 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $389.0K | 1,248 | 0.2% | 2 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $387.0K | 6,948 | 0.2% | 4 |
| FIRST TR EXCHANGE TRADED FD | [FIW](https://holderbook.com/stocks/FIW/) | $383.0K | 6,331 | 0.2% | 4 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $375.0K | 119 | 0.2% | 3 |
| FIRST TR EXCHANGE TRADED FD | [SKYY](https://holderbook.com/stocks/SKYY/) | $364.0K | 4,642 | 0.2% | 2 |
| NUSHARES ETF TR | [NUMG](https://holderbook.com/stocks/NUMG/) | $359.0K | 8,497 | 0.2% | 2 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $358.0K | 7,255 | 0.2% | 4 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $352.0K | 2,130 | 0.2% | 4 |
| ALECTOR INC | [ALEC](https://holderbook.com/stocks/ALEC/) | $337.0K | 31,963 | 0.2% | 4 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $306.0K | 862 | 0.2% | 3 |
| ISHARES TR | [BGRN](https://holderbook.com/stocks/BGRN/) | $300.0K | 5,402 | 0.2% | 3 |
| ISHARES INC | [ACWV](https://holderbook.com/stocks/ACWV/) | $294.0K | 3,195 | 0.2% | 4 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $292.0K | 1,373 | 0.2% | 4 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $291.0K | 8,486 | 0.2% | 4 |
| INVESCO EXCHANGE TRADED FD T | [PRFZ](https://holderbook.com/stocks/PRFZ/) | $287.0K | 2,455 | 0.2% | 4 |
| NUVEEN MUN VALUE FD INC | [NUV](https://holderbook.com/stocks/NUV/) | $278.0K | 26,070 | 0.2% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $275.0K | 2,859 | 0.2% | 4 |
| ISHARES TR | [INTF](https://holderbook.com/stocks/INTF/) | $268.0K | 11,018 | 0.2% | 4 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $256.0K | 6,100 | 0.2% | 3 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $251.0K | 804 | 0.1% | 4 |
| ISHARES TR | [ICLN](https://holderbook.com/stocks/ICLN/) | $245.0K | 13,252 | 0.1% | 2 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $242.0K | 785 | 0.1% | 3 |
| GOLDMAN SACHS ETF TR | [GIGB](https://holderbook.com/stocks/GIGB/) | $235.0K | 4,253 | 0.1% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $235.0K | 846 | 0.1% | 2 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $219.0K | 4,760 | 0.1% | 2 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $215.0K | 5,990 | 0.1% | 4 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $209.0K | 1,506 | 0.1% | 2 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $195.0K | 11,662 | 0.1% | 3 |
| DNP SELECT INCOME FD INC | [DNP](https://holderbook.com/stocks/DNP/) | $168.0K | 16,765 | 0.1% | 4 |
| ROYCE SMALL CAP TRUST INC | [RVT](https://holderbook.com/stocks/RVT/) | $135.0K | 10,717 | 0.1% | 4 |
| VIRTUS TOTAL RETURN FD INC | [ZTR](https://holderbook.com/stocks/ZTR/) | $92.0K | 11,700 | 0.1% | 4 |
| COLONY CR REAL ESTATE INC | [CLNC](https://holderbook.com/stocks/CLNC/) | $76.0K | 15,411 | 0.0% | 4 |

## 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 |
|---|---|---|---|---|
| Q3 2020 | +4.8% | +8.6% | -3.8% | 100% |
| Q2 2020 | +10.4% | +19.6% | -9.3% | 96% |
| Q1 2020 | -13.6% | -19.9% | +6.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2020 | $169.7M | 81 |
| Q2 2020 | $167.1M | 371 |
| Q1 2020 | $144.4M | 78 |
| Q4 2019 | $164.8M | 84 |