Ownership history in Drake & Associates, LLC Β· 10 quarters on record
This page tracks every 13F SEC filing in which Drake & Associates, LLC reported a position in FIDELITY MERRIMACK STR TR (FBND). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β sourced directly from SEC EDGAR 13F filings.
π Drake & Associates, LLC underperformed the S&P 500 by β14.8% annually on this FBND position. Timing score: 67% (6/9 decisions correct). Average cost basis: $41.51. Maximum drawdown during holding period: β3.0%.
β Significantly underperformed the S&P 500 by 14.8% ann.
9 quarters analyzed
β
Decent timing β more right than wrong on entries and exits.
6 of 9 add/trim decisions correct
Best entry: $38.92 (2023 Q3) Β· Worst: $45.34 (2025 Q3)
π No drawdown exceeding 20% during the holding period β exceptionally stable.
10 adds Β· 0 trims. Bought during 3 of 3 down-price quarters. π Consistently bullish β fund kept accumulating this position.
π Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 8.11% of portfolio
β Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ 4 (annualised). Not investment advice.