Ownership history in Tolleson Wealth Management, Inc. Β· 24 quarters on record
This page tracks every 13F SEC filing in which Tolleson Wealth Management, Inc. reported a position in SPDR MSCI USA STRATEGICFACTORS ETF (QUS). 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 Tolleson Wealth Management, Inc. underperformed the S&P 500 by β3.7% annually on this QUS position. Timing score: 35% (8/23 decisions correct). Average cost basis: $76.55. Maximum drawdown during holding period: β21.7%.
β οΈ Trailed SPY by 3.7% ann. on this position.
11 quarters analyzed
β οΈ Poor timing β buys often preceded drops, trims preceded rallies.
8 of 23 add/trim decisions correct
Best entry: $69.47 (2020 Q1) Β· Worst: $117.04 (2022 Q1)
πͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.
8 adds Β· 16 trims. Bought during 3 of 6 down-price quarters. π Predominantly trimming β distribution phase.
π Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 13.69% 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.
As of 2025 Q4 β sorted by position size