Innovative Portfolios 13F annual report
Innovative Portfolios is an investment fund managing more than $17.6 million ran by Audrey Kurzawa. There are currently 50 companies in Mrs. Kurzawa’s portfolio. The largest investments include HP Inc and Broadcom Inc, together worth $812 thousand.
$17.6 million Assets Under Management (AUM)
As of 27th January 2022, Innovative Portfolios’s top holding is 10,995 shares of HP Inc currently worth over $414 thousand and making up 2.3% of the portfolio value.
Relative to the number of outstanding shares of HP Inc, Innovative Portfolios owns more than approximately 0.1% of the company.
In addition, the fund holds 598 shares of Broadcom Inc worth $398 thousand, whose value grew 24.0% in the past six months.
The third-largest holding is Accenture Plc Ireland worth $380 thousand and the next is Paychex worth $377 thousand, with 2,761 shares owned.
Currently, Innovative Portfolios's portfolio is worth at least $17.6 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 Innovative Portfolios
The Innovative Portfolios office and employees reside in Indianapolis, Indiana. According to the last 13-F report filed with the SEC, Audrey Kurzawa serves as the Chief Compliance Officer at Innovative Portfolios.
Recent trades
In the most recent 13F filing, Innovative Portfolios revealed that it had opened a new position in
Broadcom Inc and bought 598 shares worth $398 thousand.
This means they effectively own approximately 0.1% of the company.
Broadcom Inc makes up
15.9%
of the fund's Technology sector allocation and has grown its share price by 29.7% in the past year.
The investment fund also strengthened its position in HP Inc by buying
1,986 additional shares.
This makes their stake in HP Inc total 10,995 shares worth $414 thousand.
HP Inc soared 51.2% in the past year.
On the other hand, there are companies that Innovative Portfolios is getting rid of from its portfolio.
Innovative Portfolios closed its position in Texas Instrs Inc on 3rd February 2022.
It sold the previously owned 1,631 shares for $314 thousand.
Audrey Kurzawa also disclosed a decreased stake in Accenture Plc Ireland by 0.1%.
This leaves the value of the investment at $380 thousand and 916 shares.
One of the smallest hedge funds
The two most similar investment funds to Innovative Portfolios are Ksl Advisors and Adi Capital Management. They manage $17.6 million and $17.5 million respectively.
Audrey Kurzawa investment strategy
Innovative Portfolios’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Industrials — making up 25.8% of
the total portfolio value.
The fund focuses on investments in the United States as
66.0% 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
52% of the total holdings value.
On the other hand, small-cap stocks make up only 2.0% of the portfolio.
The average market cap of the portfolio companies is close to $73.7 billion.
The complete list of Innovative Portfolios trades based on 13F SEC filings
These positions were updated on February 3rd 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 |
|---|---|---|---|
| HP Inc |
22.04%
10,995
|
$414,000 | 2.35% |
| Broadcom Inc |
Opened
598
|
$398,000 | 2.26% |
| Accenture Plc Ireland |
10.89%
916
|
$380,000 | 2.16% |
| Paychex Inc. |
6.57%
2,761
|
$377,000 | 2.14% |
| Allstate Corp (The) |
48.20%
3,176
|
$374,000 | 2.12% |
| Amerisourcebergen Corp |
11.53%
2,786
|
$370,000 | 2.10% |
| Colgate-Palmolive Co. |
22.12%
4,312
|
$368,000 | 2.09% |
| Mckesson Corporation |
No change
1,480
|
$368,000 | 2.09% |
| Abbott Labs |
3.21%
2,608
|
$367,000 | 2.08% |
| Sherwin-Williams Co. |
No change
1,038
|
$366,000 | 2.08% |
| Unitedhealth Group Inc |
No change
727
|
$365,000 | 2.07% |
| Dover Corp. |
2.46%
2,002
|
$364,000 | 2.06% |
| Grainger W W Inc |
10.28%
697
|
$361,000 | 2.05% |
| KLA Corp. |
15.74%
835
|
$359,000 | 2.04% |
| 1st Source Corp. |
20.92%
7,238
|
$359,000 | 2.04% |
| Genuine Parts Co. |
13.82%
2,545
|
$357,000 | 2.02% |
| Fastenal Co. |
Opened
5,567
|
$357,000 | 2.02% |
| Microchip Technology, Inc. |
Opened
4,070
|
$354,000 | 2.01% |
| Johnson & Johnson |
19.30%
2,065
|
$353,000 | 2.00% |
| Carlisle Cos Inc |
6.50%
1,423
|
$353,000 | 2.00% |
| Regal Rexnord Corporation |
2.02%
2,075
|
$353,000 | 2.00% |
| Stryker Corp. |
12.64%
1,319
|
$353,000 | 2.00% |
| Lincoln Elec Hldgs Inc |
12.68%
2,523
|
$352,000 | 2.00% |
| Rockwell Automation Inc |
10.40%
1,008
|
$352,000 | 2.00% |
| Globe Life Inc. |
35.70%
3,733
|
$350,000 | 1.99% |
| Avery Dennison Corp. |
19.82%
1,614
|
$350,000 | 1.99% |
| Cohen & Steers Inc. |
Opened
3,786
|
$350,000 | 1.99% |
| Franklin Elec Inc |
5.34%
3,687
|
$349,000 | 1.98% |
| Robert Half International Inc. |
4.74%
3,132
|
$349,000 | 1.98% |
| Hanover Ins Group Inc |
28.09%
2,649
|
$347,000 | 1.97% |
| ITT Inc |
10.61%
3,398
|
$347,000 | 1.97% |
| Primerica Inc |
22.55%
2,255
|
$346,000 | 1.96% |
| Eaton Corp Plc |
No change
2,001
|
$346,000 | 1.96% |
| Price T Rowe Group Inc |
13.87%
1,749
|
$344,000 | 1.95% |
| Emerson Elec Co |
19.98%
3,705
|
$344,000 | 1.95% |
| 3M Co. |
34.70%
1,937
|
$344,000 | 1.95% |
| Donaldson Co. Inc. |
22.87%
5,813
|
$344,000 | 1.95% |
| Cummins Inc. |
41.97%
1,573
|
$343,000 | 1.95% |
| Applied Indl Technologies In |
16.09%
3,341
|
$343,000 | 1.95% |
| Hubbell Inc. |
8.17%
1,642
|
$342,000 | 1.94% |
| Cintas Corporation |
8.23%
769
|
$341,000 | 1.93% |
| Msc Indl Direct Inc |
31.05%
4,052
|
$341,000 | 1.93% |
| American Finl Group Inc Ohio |
Opened
2,486
|
$341,000 | 1.93% |
| Snap-on, Inc. |
34.64%
1,578
|
$340,000 | 1.93% |
| Tennant Co. |
18.63%
4,178
|
$339,000 | 1.92% |
| Us Bancorp Del |
Opened
5,939
|
$334,000 | 1.89% |
| Target Corp |
2.49%
1,440
|
$333,000 | 1.89% |
| Analog Devices Inc. |
Opened
1,870
|
$329,000 | 1.87% |
| Texas Instrs Inc |
Closed
1,631
|
$314,000 | |
| Oracle Corp. |
3.73%
3,591
|
$313,000 | 1.78% |
| Abm Inds Inc |
32.94%
7,527
|
$307,000 | 1.74% |
| Cardinal Health, Inc. |
Closed
5,226
|
$298,000 | |
| International Paper Co. |
Closed
4,602
|
$282,000 | |
| Illinois Tool Wks Inc |
Closed
1,228
|
$275,000 | |
| Corning, Inc. |
Closed
6,714
|
$275,000 | |
| Leggett & Platt, Inc. |
Closed
5,266
|
$273,000 | |
| Eastman Chem Co |
Closed
2,271
|
$265,000 | |
| Nuveen Pfd & Incm Securties |
Closed
11,950
|
$119,000 | |
| No transactions found | |||
| Showing first 500 out of 58 holdings | |||
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