Ownership history in WILLNER & HELLER, LLC Β· 12 quarters on record
This page tracks every 13F SEC filing in which WILLNER & HELLER, LLC reported a position in INVESCO EXCHANGE TRADED FD T (CZA). 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 WILLNER & HELLER, LLC underperformed the S&P 500 by β10.8% annually on this CZA position. Timing score: 30% (3/10 decisions correct). Average cost basis: $89.39. Maximum drawdown during holding period: β15.9%.
β Significantly underperformed the S&P 500 by 10.8% ann.
11 quarters analyzed
β οΈ Poor timing β buys often preceded drops, trims preceded rallies.
3 of 10 add/trim decisions correct
Best entry: $79.06 (2022 Q2) Β· Worst: $102.30 (2024 Q4)
π No drawdown exceeding 20% during the holding period β exceptionally stable.
5 adds Β· 6 trims. Bought during 2 of 3 down-price quarters. π Predominantly trimming β distribution phase.
π Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 0.49% 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