Mirsky Financial Management Corp 13F annual report

Mirsky Financial Management Corp is an investment fund managing more than $225 million ran by Dave Mirsky. There are currently 13 companies in Mr. Mirsky’s portfolio. The largest investments include Ishares Tr and Ishares U S Etf Tr, together worth $171 million.

$225 million Assets Under Management (AUM)

As of 3rd August 2021, Mirsky Financial Management Corp’s top holding is 1,591,305 shares of Ishares Tr currently worth over $159 million and making up 70.5% of the portfolio value. In addition, the fund holds 130,228 shares of Ishares U S Etf Tr worth $12.5 million. The third-largest holding is Fidelity Merrimack Str Tr worth $9.33 million and the next is Smith A O Corp worth $8.65 million, with 120,001 shares owned.

Currently, Mirsky Financial Management Corp's portfolio is worth at least $225 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 Mirsky Financial Management Corp

The Mirsky Financial Management Corp office and employees reside in Rochester, New York. According to the last 13-F report filed with the SEC, Dave Mirsky serves as the President at Mirsky Financial Management Corp.

Recent trades

In the most recent 13F filing, Mirsky Financial Management Corp revealed that it had opened a new position in Amazon.com and bought 64 shares worth $220 thousand. This means they effectively own approximately 0.1% of the company. Amazon.com makes up 32.5% of the fund's Consumer Discretionary sector allocation and has grown its share price by 6.2% in the past year.

The investment fund also strengthened its position in Ishares U S Etf Tr by buying 119,438 additional shares. This makes their stake in Ishares U S Etf Tr total 130,228 shares worth $12.5 million.

On the other hand, there are companies that Mirsky Financial Management Corp is getting rid of from its portfolio. Mirsky Financial Management Corp closed its position in Ishares Tr on 10th August 2021. It sold the previously owned 21,030 shares for $2 million. Dave Mirsky also disclosed a decreased stake in Ishares Tr by approximately 0.1%. This leaves the value of the investment at $159 million and 1,591,305 shares.

One of the smallest hedge funds

The two most similar investment funds to Mirsky Financial Management Corp are Boltwood Capital Management and Lws Wealth Advisors. They manage $225 million and $225 million respectively.

Dave Mirsky investment strategy

Mirsky Financial Management Corp’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Miscellaneous — making up 7.2% of the total portfolio value. The fund focuses on investments in the United States as 30.8% 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 31% of the total holdings value. On the other hand, small-cap stocks make up only 7.7% of the portfolio. The average market cap of the portfolio companies is close to $770 billion.

The complete list of Mirsky Financial Management Corp trades based on 13F SEC filings

These positions were updated on August 10th 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	7.46% 1,591,305	$158,693,000	70.48%
Ishares U S Etf Tr	1,106.93% 130,228	$12,541,000	5.57%
Fidelity Merrimack Str Tr	0.55% 178,096	$9,326,000	4.14%
Smith A O Corp	No change 120,001	$8,647,000	3.84%
Ishares Inc	0.17% 123,425	$7,937,000	3.52%
Invesco Activly Mangd Etc Fd	18.04% 268,437	$5,393,000	2.40%
Fidelity Covington Trust	22.33% 302,965	$16,277,000	7.23%
Select Sector Spdr Tr	1,617.13% 28,264	$4,174,000	1.85%
Ishares Tr	Closed 21,030	$1,996,000
Proshares Tr	84.73% 12,362	$882,000	0.39%
Apple Inc	1.39% 3,331	$456,000	0.20%
Corning, Inc.	16.88% 10,338	$423,000	0.19%
Amazon.com Inc.	Opened 64	$220,000	0.10%
Bristol-Myers Squibb Co.	11.76% 3,001	$201,000	0.09%
No transactions found
Showing first 500 out of 14 holdings