Fma Advisory Inc 13F annual report

Fma Advisory Inc is an investment fund managing more than $257 million ran by Donna Miltenberger. There are currently 110 companies in Mrs. Miltenberger’s portfolio. The largest investments include F.N.B and Thermo Fisher Scientific, together worth $21.1 million.

$257 million Assets Under Management (AUM)

As of 6th August 2021, Fma Advisory Inc’s top holding is 1,081,326 shares of F.N.B currently worth over $13.3 million and making up 5.2% of the portfolio value. Relative to the number of outstanding shares of F.N.B, Fma Advisory Inc owns more than approximately 0.1% of the company. In addition, the fund holds 15,322 shares of Thermo Fisher Scientific worth $7.73 million, whose value fell approximately 0.1% in the past six months. The third-largest holding is Pepsico Inc worth $6.75 million and the next is NextEra Inc worth $6.23 million, with 84,998 shares owned.

Currently, Fma Advisory Inc's portfolio is worth at least $257 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 Fma Advisory Inc

The Fma Advisory Inc office and employees reside in Harrisburg, Pennsylvania. According to the last 13-F report filed with the SEC, Donna Miltenberger serves as the Chief Compliance Officer at Fma Advisory Inc.

Recent trades

In the most recent 13F filing, Fma Advisory Inc revealed that it had opened a new position in D.R. Horton and bought 11,509 shares worth $1.04 million. This means they effectively own approximately 0.1% of the company. D.R. Horton makes up 9.0% of the fund's Consumer Discretionary sector allocation and has grown its share price by 36.2% in the past year.

The investment fund also strengthened its position in Thermo Fisher Scientific by buying 240 additional shares. This makes their stake in Thermo Fisher Scientific total 15,322 shares worth $7.73 million. Thermo Fisher Scientific soared 30.1% in the past year.

On the other hand, there are companies that Fma Advisory Inc is getting rid of from its portfolio. Fma Advisory Inc closed its position in Ishares Tr on 13th August 2021. It sold the previously owned 340,160 shares for $30.4 million. Donna Miltenberger also disclosed a decreased stake in F.N.B by approximately 0.1%. This leaves the value of the investment at $13.3 million and 1,081,326 shares.

One of the smallest hedge funds

The two most similar investment funds to Fma Advisory Inc are Weik Capital Management and Cleararc Capital Inc. They manage $257 million and $257 million respectively.


Donna Miltenberger investment strategy

Fma Advisory Inc’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Finance — making up 14.6% of the total portfolio value. The fund focuses on investments in the United States as 60.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 61% of the total holdings value. On the other hand, small-cap stocks make up only 4.5% of the portfolio. The average market cap of the portfolio companies is close to $217 billion.

The complete list of Fma Advisory Inc trades based on 13F SEC filings

These positions were updated on August 13th 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
F.N.B. Corp.
1.74%
1,081,326
$13,333,000 5.19%
Thermo Fisher Scientific Inc.
1.59%
15,322
$7,729,000 3.01%
Pepsico Inc
4.75%
45,584
$6,754,000 2.63%
NextEra Energy Inc
1.58%
84,998
$6,229,000 2.42%
Mastercard Incorporated
0.07%
16,279
$5,943,000 2.31%
Visa Inc
2.79%
24,674
$5,769,000 2.25%
Bk Of America Corp
7.09%
137,108
$5,653,000 2.20%
American Elec Pwr Co Inc
4.28%
66,162
$5,597,000 2.18%
Honeywell International Inc
0.85%
25,477
$5,588,000 2.18%
Apple Inc
1.13%
40,767
$5,583,000 2.17%
Ishares Tr
Closed
340,160
$30,435,000
JPMorgan Chase & Co.
3.10%
34,992
$5,443,000 2.12%
Disney Walt Co
3.33%
30,191
$5,307,000 2.07%
Invesco Exch Trd Slf Idx Fd
Closed
527,271
$11,657,000
Select Sector Spdr Tr
1.20%
46,426
$6,357,000 2.47%
Lamar Advertising Co
0.56%
43,329
$4,524,000 1.76%
Fidelity Covington Trust
12.13%
209,991
$13,412,000 5.22%
Palo Alto Networks Inc
3.23%
11,582
$4,298,000 1.67%
Price T Rowe Group Inc
0.97%
21,546
$4,266,000 1.66%
CVS Health Corp
3.45%
51,084
$4,262,000 1.66%
Chevron Corp.
4.65%
39,846
$4,174,000 1.62%
Verizon Communications Inc
7.28%
73,654
$4,127,000 1.61%
Goldman Sachs Etf Tr
5.37%
54,830
$3,685,000 1.43%
Morgan Stanley
8.86%
38,870
$3,564,000 1.39%
Microsoft Corporation
4.47%
12,744
$3,452,000 1.34%
Ishares Tr
7.94%
19,555
$4,019,000 1.56%
Kimberly-Clark Corp.
1.84%
23,821
$3,187,000 1.24%
Magellan Midstream Prtnrs Lp
17.04%
64,106
$3,135,000 1.22%
Qualcomm, Inc.
0.49%
21,657
$3,095,000 1.20%
AT&T Inc.
5.33%
105,642
$3,040,000 1.18%
Vanguard Whitehall Fds
Closed
32,123
$2,940,000
TE Connectivity Ltd
0.47%
20,808
$2,813,000 1.09%
Welltower Inc
1.39%
32,715
$2,719,000 1.06%
Pnc Finl Svcs Group Inc
0.48%
14,190
$2,707,000 1.05%
Johnson & Johnson
6.58%
16,371
$2,697,000 1.05%
Steel Dynamics Inc.
8.74%
45,059
$2,686,000 1.05%
Cummins Inc.
3.93%
11,001
$2,682,000 1.04%
Lockheed Martin Corp.
27.53%
6,982
$2,642,000 1.03%
Raytheon Technologies Corporation
Closed
35,266
$2,522,000
Merck & Co Inc
4.24%
32,239
$2,507,000 0.98%
Skyworks Solutions, Inc.
1.13%
13,059
$2,504,000 0.97%
Abbvie Inc
8.31%
22,205
$2,501,000 0.97%
Automatic Data Processing In
3.25%
12,588
$2,500,000 0.97%
Fedex Corp
0.86%
8,153
$2,432,000 0.95%
Cohen & Steers Quality Incom
0.84%
153,352
$2,409,000 0.94%
V F Corp
3.21%
29,213
$2,397,000 0.93%
Pfizer Inc.
4.08%
60,363
$2,364,000 0.92%
First Tr Exchange-traded Fd
Closed
74,912
$2,947,000
Lowes Cos Inc
5.42%
11,705
$2,270,000 0.88%
Constellation Brands Inc
1.38%
9,489
$2,219,000 0.86%
Citigroup Inc
16.32%
30,179
$2,135,000 0.83%
Facebook Inc
0.35%
5,763
$2,004,000 0.78%
Broadcom Inc.
1.04%
4,170
$1,988,000 0.77%
Altria Group Inc.
1.94%
41,465
$1,977,000 0.77%
Goldman Sachs Group, Inc.
33.19%
5,016
$1,904,000 0.74%
Simon Ppty Group Inc New
52.33%
14,296
$1,865,000 0.73%
Trane Technologies plc
0.43%
9,806
$1,806,000 0.70%
Accenture Plc Ireland
0.99%
5,890
$1,736,000 0.68%
General Mtrs Co
0.60%
29,320
$1,735,000 0.68%
Air Prods & Chems Inc
9.68%
6,019
$1,731,000 0.67%
Amazon.com Inc.
12.24%
477
$1,641,000 0.64%
Caterpillar Inc.
39.46%
7,386
$1,608,000 0.63%
Philip Morris International Inc
0.55%
16,171
$1,603,000 0.62%
Phillips 66
15.12%
18,607
$1,597,000 0.62%
Enterprise Prods Partners L
20.13%
65,936
$1,591,000 0.62%
Invesco Actively Managed Etf
Closed
30,935
$1,565,000
Cigna Corp.
Closed
7,412
$1,543,000
Lyondellbasell Industries N
1.66%
14,932
$1,536,000 0.60%
Huntington Ingalls Inds Inc
Closed
9,001
$1,535,000
Bristol-Myers Squibb Co.
2.42%
22,933
$1,532,000 0.60%
Spdr Ser Tr
Closed
28,220
$1,481,000
Arrow Electrs Inc
1.74%
12,730
$1,449,000 0.56%
Alphabet Inc
4.22%
938
$2,327,000 0.91%
Home Depot, Inc.
1.79%
3,933
$1,254,000 0.49%
Qorvo Inc
11.76%
6,175
$1,208,000 0.47%
Universal Display Corp.
4.54%
5,429
$1,207,000 0.47%
Target Corp
6.96%
4,965
$1,200,000 0.47%
Ark Etf Tr
Closed
27,722
$1,689,000
Chubb Limited
0.39%
7,193
$1,143,000 0.44%
Procter And Gamble Co
14.43%
8,222
$1,109,000 0.43%
D.R. Horton Inc.
Opened
11,509
$1,040,000 0.40%
S&P Global Inc
0.08%
2,423
$995,000 0.39%
Parker-Hannifin Corp.
0.57%
3,156
$969,000 0.38%
Spdr Dow Jones Indl Average
Closed
3,078
$941,000
Exchange Traded Concepts Tr
Closed
14,455
$919,000
Masco Corp.
1.68%
14,667
$864,000 0.34%
Intercontinental Exchange In
158.46%
7,229
$858,000 0.33%
Abbott Labs
1.49%
7,344
$851,000 0.33%
Royal Dutch Shell PLC
11.49%
21,325
$828,000 0.32%
Starbucks Corp.
116.22%
7,343
$821,000 0.32%
Tractor Supply Co.
9.99%
4,215
$784,000 0.31%
Ollies Bargain Outlet Hldgs
Closed
9,553
$781,000
Essential Utils Inc
Closed
16,256
$769,000
Travelers Companies Inc.
3.46%
5,058
$757,000 0.29%
Anthem Inc
2.47%
1,778
$679,000 0.26%
AMGEN Inc.
1.01%
2,757
$672,000 0.26%
Mastec Inc.
2.59%
6,335
$672,000 0.26%
United Parcel Service, Inc.
5.36%
3,228
$671,000 0.26%
First Tr Value Line Divid In
Closed
18,855
$661,000
Fulton Finl Corp Pa
No change
41,357
$653,000 0.25%
Deere & Co.
12.59%
1,842
$650,000 0.25%
First Tr Exch Traded Fd Iii
Closed
11,314
$642,000
Dominion Energy Inc
2.30%
8,667
$638,000 0.25%
Taiwan Semiconductor Mfg Ltd
17.33%
5,091
$612,000 0.24%
Marriott Intl Inc New
5.06%
4,410
$602,000 0.23%
Spdr Sp 500 Etf Tr
Closed
1,505
$563,000
PPL Corp
23.27%
18,994
$531,000 0.21%
Invesco Exchange Traded Fd T
Closed
2,039
$517,000
Amerisourcebergen Corp
Opened
4,402
$504,000 0.20%
Emerson Elec Co
14.20%
4,989
$480,000 0.19%
Linde Plc
0.55%
1,649
$477,000 0.19%
Marriott Vacations Worldwide Corp
Opened
2,960
$472,000 0.18%
First Tr Exchange Traded Fd
Closed
4,526
$430,000
First Tr Dow Jones Select Mi
Closed
8,602
$412,000
Enbridge Inc
Opened
10,206
$409,000 0.16%
Zimmer Biomet Holdings Inc
9.71%
2,435
$392,000 0.15%
Cisco Sys Inc
Closed
8,461
$379,000
Campbell Soup Co.
Closed
7,644
$370,000
Ingersoll-Rand Inc
Closed
7,744
$353,000
NVIDIA Corp
Opened
434
$347,000 0.14%
Unilever plc
9.87%
5,687
$333,000 0.13%
Duke Energy Corp.
12.06%
3,230
$319,000 0.12%
Walmart Inc
41.69%
2,260
$319,000 0.12%
International Business Machs
Closed
2,515
$317,000
Mcdonalds Corp
2.67%
1,314
$304,000 0.12%
Albemarle Corp.
15.69%
1,741
$293,000 0.11%
Kellogg Co
Closed
4,434
$276,000
Invesco Exch Traded Fd Tr Ii
Closed
8,049
$270,000
Danaher Corp.
5.47%
983
$264,000 0.10%
Ishares Tr
Opened
5,117
$258,000 0.10%
Spdr Ser Tr
No change
1,680
$227,000 0.09%
Truist Finl Corp
46.94%
4,044
$224,000 0.09%
Fidelity Covington Trust
Opened
6,837
$208,000 0.08%
Realty Income Corp.
6.81%
3,023
$202,000 0.08%
Adobe Systems Incorporated
Opened
343
$201,000 0.08%
Sirius XM Holdings Inc
1.22%
12,136
$79,000 0.03%
Venator Matls Plc
Closed
15,420
$51,000
No transactions found
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