Newfleet Asset Management 13F annual report

Newfleet Asset Management is an investment fund managing more than $4.27 million ran by James Sena. There are currently 7 companies in Mr. Sena’s portfolio. The largest investments include Ishares Tr and Nuveen Ca Qualty Mun Income, together worth $2.76 million.

$4.27 million Assets Under Management (AUM)

As of 9th May 2022, Newfleet Asset Management’s top holding is 21,827 shares of Ishares Tr currently worth over $2.13 million and making up 50.0% of the portfolio value. In addition, the fund holds 47,733 shares of Nuveen Ca Qualty Mun Income worth $626 thousand. The third-largest holding is VanEck ETF Trust worth $517 thousand and the next is iHeartMedia worth $458 thousand, with 24,203 shares owned.

Currently, Newfleet Asset Management's portfolio is worth at least $4.27 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 Newfleet Asset Management

The Newfleet Asset Management office and employees reside in Hartford, Connecticut. According to the last 13-F report filed with the SEC, James Sena serves as the Chief Compliance Officer at Newfleet Asset Management.

Recent trades

In the most recent 13F filing, Newfleet Asset Management revealed that it had increased its stake in iHeartMedia and bought 825 additional shares worth around $10 thousand. This means they effectively own approximately 0.1% of the company. iHeartMedia makes up 100.0% of the fund's Communication Services sector allocation and has decreased its share price by approximately 0.1% in the past year.

On the other hand, there are companies that Newfleet Asset Management is getting rid of from its portfolio. Newfleet Asset Management closed its position in Clear Channel Outdoor Hldgs on 16th May 2022. It sold the previously owned 145,331 shares for $394 thousand. James Sena also disclosed a decreased stake in VanEck ETF Trust by 1.0%. This leaves the value of the investment at $517 thousand and 9,000 shares.

One of the smallest hedge funds

The two most similar investment funds to Newfleet Asset Management are Abundance Wealth Counselors and Parafestas Anastasios. They manage $4.27 million and $4.32 million respectively.

James Sena investment strategy

Newfleet Asset Management’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Miscellaneous — making up 12.1% of the total portfolio value. The fund focuses on investments in the United States as 14.3% of the portfolio companies are based in the United States.

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 14% 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 $882 million.

The complete list of Newfleet Asset Management trades based on 13F SEC filings

These positions were updated on May 16th 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
Ishares Tr	No change 21,827	$2,134,000	49.99%
Nuveen Ca Qualty Mun Income	No change 47,733	$626,000	14.66%
VanEck ETF Trust	97.93% 9,000	$517,000	12.11%
iHeartMedia, Inc.	3.53% 24,203	$458,000	10.73%
Clear Channel Outdoor Hldgs	Closed 145,331	$394,000
Eaton Vance Calif Mun Bd Fd	No change 35,000	$351,000	8.22%
Invesco Exch Traded Fd Tr Ii	94.99% 6,820	$148,000	3.47%
Eaton Vance Calif Mun Incom	26.18% 3,041	$35,000	0.82%
No transactions found
Showing first 500 out of 8 holdings