United Income 13F annual report
United Income is an investment fund managing more than $421 million ran by Davey Quinn. There are currently 127 companies in Mr. Quinn’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Ishares Tr, together worth $141 million.
$421 million Assets Under Management (AUM)
As of 7th October 2020, United Income’s top holding is 134,613 shares of Spdr S&p 500 Etf Tr currently worth over $40 million and making up 9.5% of the portfolio value.
In addition, the fund holds 1,325,337 shares of Ishares Tr worth $101 million.
The third-largest holding is Vanguard Bd Index Fd Inc worth $20.3 million and the next is Vanguard Charlotte Fds worth $19.9 million, with 338,534 shares owned.
Currently, United Income's portfolio is worth at least $421 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 United Income
The United Income office and employees reside in Washington, District Of Columbia. According to the last 13-F report filed with the SEC, Davey Quinn serves as the SVP of Investment Management at United Income.
Recent trades
In the most recent 13F filing, United Income revealed that it had opened a new position in
Alliance Res Partner L P and bought 162,599 shares worth $2.6 million.
The investment fund also strengthened its position in Ishares Tr by buying
32,906 additional shares.
This makes their stake in Ishares Tr total 1,325,337 shares worth $101 million.
On the other hand, there are companies that United Income is getting rid of from its portfolio.
United Income closed its position in Ishares Tr on 14th November 2019.
It sold the previously owned 306,014 shares for $7.91 million.
Davey Quinn also disclosed a decreased stake in Spdr S&p 500 Etf Tr by approximately 0.1%.
This leaves the value of the investment at $40 million and 134,613 shares.
One of the average hedge funds
The two most similar investment funds to United Income are Navellier & Associates Inc and Cqs (us). They manage $421 million and $420 million respectively.
Davey Quinn investment strategy
United Income’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Health Care — making up 2.5% of
the total portfolio value.
The fund focuses on investments in the United States as
45.7% 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
44% of the total holdings value.
On the other hand, small-cap stocks make up only 1.6% of the portfolio.
The average market cap of the portfolio companies is close to $231 billion.
The complete list of United Income trades based on 13F SEC filings
These positions were updated on November 14th 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 |
|---|---|---|---|
| Spdr S&p 500 Etf Tr |
2.30%
134,613
|
$39,953,000 | 9.49% |
| Ishares Tr |
2.55%
1,325,337
|
$101,017,000 | 24.01% |
| Vanguard Bd Index Fd Inc |
4.14%
240,684
|
$20,331,000 | 4.83% |
| Vanguard Charlotte Fds |
10.13%
338,534
|
$19,909,000 | 4.73% |
| Goldman Sachs Etf Tr |
5.42%
883,772
|
$25,587,000 | 6.08% |
| Vanguard Malvern Fds |
13.98%
247,668
|
$12,134,000 | 2.88% |
| Ishares Inc |
2.50%
229,788
|
$11,079,000 | 2.63% |
| Schwab Strategic Tr |
2.68%
551,532
|
$21,110,000 | 5.02% |
| Select Sector Spdr Tr |
4.97%
615,126
|
$36,606,000 | 8.70% |
| Vanguard Scottsdale Fds |
6.74%
280,678
|
$20,399,000 | 4.85% |
| Spdr Series Trust |
12.00%
243,189
|
$9,354,000 | 2.22% |
| Invesco Exchng Traded Fd Tr |
3.20%
226,257
|
$7,629,000 | 1.81% |
| Wisdomtree Tr |
5.27%
69,615
|
$3,077,000 | 0.73% |
| Cisco Sys Inc |
1.30%
60,425
|
$2,986,000 | 0.71% |
| Danaher Corp. |
0.25%
19,747
|
$2,854,000 | 0.68% |
| Amazon.com, Inc. |
1.29%
1,566
|
$2,718,000 | 0.65% |
| Ishares Tr |
Closed
306,014
|
$7,907,000 | |
| Alliance Res Partner L P |
Opened
162,599
|
$2,602,000 | 0.62% |
| Thermo Fisher Scientific, Inc. |
No change
7,946
|
$2,319,000 | 0.55% |
| Invesco Actively Managd Etf |
42.15%
45,817
|
$2,310,000 | 0.55% |
| Enterprise Prods Partners L |
1.48%
71,396
|
$2,042,000 | 0.49% |
| Exxon Mobil Corp. |
6.19%
28,584
|
$2,018,000 | 0.48% |
| Pepsico Inc |
0.94%
14,167
|
$1,941,000 | 0.46% |
| Pimco Etf Tr |
Opened
16,579
|
$1,800,000 | 0.43% |
| Invesco Exchange Traded Fd T |
3.26%
28,494
|
$2,486,000 | 0.59% |
| Johnson & Johnson |
4.62%
11,597
|
$1,500,000 | 0.36% |
| Apple, Inc. |
3.23%
6,300
|
$1,410,000 | 0.34% |
| Pimco Etf Tr |
7.29%
13,262
|
$1,347,000 | 0.32% |
| Vanguard Mun Bd Fd Inc |
Opened
23,161
|
$1,242,000 | 0.30% |
| Magellan Midstream Prtnrs Lp |
No change
18,390
|
$1,221,000 | 0.29% |
| Etf Managers Tr |
4.89%
53,290
|
$2,230,000 | 0.53% |
| CVS Health Corp. |
6.72%
17,822
|
$1,124,000 | 0.27% |
| QUALCOMM, Inc. |
8.94%
14,158
|
$1,081,000 | 0.26% |
| Honeywell International, Inc. |
2.64%
6,369
|
$1,077,000 | 0.26% |
| Brookfield Asset Mgmt Inc |
24.17%
19,781
|
$1,054,000 | 0.25% |
| Alphabet, Inc. |
0.15%
1,341
|
$1,634,000 | 0.39% |
| Intel Corp. |
0.75%
19,800
|
$1,020,000 | 0.24% |
| Ishares Tr |
Opened
82,810
|
$4,113,000 | 0.98% |
| American Express Co. |
0.39%
8,480
|
$1,004,000 | 0.24% |
| Spdr Index Shs Fds |
55.85%
41,374
|
$996,000 | 0.24% |
| Verizon Communications, Inc. |
0.04%
16,329
|
$985,000 | 0.23% |
| Energy Transfer Lp |
2.83%
75,158
|
$985,000 | 0.23% |
| Berkshire Hathaway Inc. |
3.63%
4,464
|
$925,000 | 0.22% |
| Vanguard Index Fds |
5.93%
20,309
|
$2,692,000 | 0.64% |
| Vanguard Group |
5.56%
7,475
|
$894,000 | 0.21% |
| First Tr Exchange Traded Fd |
9.69%
16,453
|
$853,000 | 0.20% |
| Wisdomtree Tr |
Opened
27,837
|
$1,601,000 | 0.38% |
| Capital One Finl Corp |
1.08%
9,184
|
$834,000 | 0.20% |
| Bristol Myers Squibb Co. |
7.28%
16,201
|
$819,000 | 0.19% |
| Air Prods & Chems Inc |
No change
3,650
|
$810,000 | 0.19% |
| Costco Whsl Corp New |
No change
2,804
|
$809,000 | 0.19% |
| The Boeing Co. |
6.62%
2,013
|
$766,000 | 0.18% |
| JPMorgan Chase & Co. |
No change
6,412
|
$754,000 | 0.18% |
| AbbVie, Inc. |
14.02%
9,700
|
$734,000 | 0.17% |
| Disney Walt Co |
5.81%
5,569
|
$726,000 | 0.17% |
| Procter & Gamble Co. |
3.62%
5,731
|
$713,000 | 0.17% |
| Microsoft Corp. |
0.34%
5,015
|
$698,000 | 0.17% |
| Chevron Corp. |
2.61%
5,890
|
$698,000 | 0.17% |
| Visa, Inc. |
2.19%
3,960
|
$681,000 | 0.16% |
| Bank Amer Corp |
No change
452
|
$675,000 | 0.16% |
| Vanguard Intl Equity Index F |
10.51%
16,258
|
$958,000 | 0.23% |
| The Home Depot, Inc. |
5.27%
2,806
|
$651,000 | 0.15% |
| Goldman Sachs Etf Tr |
Opened
10,653
|
$636,000 | 0.15% |
| Caterpillar, Inc. |
No change
5,000
|
$631,000 | 0.15% |
| Helmerich & Payne, Inc. |
0.98%
15,200
|
$608,000 | 0.14% |
| PayPal Holdings, Inc. |
4.99%
5,710
|
$591,000 | 0.14% |
| Lowes Cos Inc |
7.81%
5,315
|
$584,000 | 0.14% |
| First Finl Bancorp Oh |
Opened
22,968
|
$562,000 | 0.13% |
| Bank New York Mellon Corp |
No change
12,355
|
$559,000 | 0.13% |
| Union Pacific Corp. |
1.10%
3,404
|
$552,000 | 0.13% |
| Mcdonalds Corp |
2.03%
2,462
|
$529,000 | 0.13% |
| Invesco Exchange Traded Fd T |
Opened
17,507
|
$757,000 | 0.18% |
| AT&T Inc. |
7.02%
13,239
|
$502,000 | 0.12% |
| Fortive Corp. |
2.07%
7,084
|
$486,000 | 0.12% |
| NVIDIA Corp. |
3.81%
2,727
|
$474,000 | 0.11% |
| Walmart, Inc. |
No change
3,900
|
$463,000 | 0.11% |
| The Williams Cos., Inc. |
10.04%
18,826
|
$452,000 | 0.11% |
| Vanguard Whitehall Fds Inc |
Opened
4,902
|
$436,000 | 0.10% |
| Phillips 66 |
13.62%
4,170
|
$426,000 | 0.10% |
| McCormick & Co., Inc. |
No change
2,682
|
$419,000 | 0.10% |
| Starbucks Corp. |
0.34%
4,641
|
$410,000 | 0.10% |
| Ishares Inc |
Opened
16,854
|
$802,000 | 0.19% |
| International Business Machs |
31.41%
2,808
|
$408,000 | 0.10% |
| Merck & Co., Inc. |
0.84%
4,804
|
$406,000 | 0.10% |
| Spdr S&p Midcap 400 Etf Tr |
No change
1,133
|
$399,000 | 0.09% |
| The Blackstone Group, Inc. |
Opened
7,623
|
$375,000 | 0.09% |
| Markel Corp. |
4.69%
305
|
$362,000 | 0.09% |
| JPMorgan Chase & Co. |
Closed
14,395
|
$361,000 | |
| Amgen, Inc. |
10.54%
1,772
|
$341,000 | 0.08% |
| Pacer Fds Tr |
Opened
22,061
|
$663,000 | 0.16% |
| Yum Brands Inc |
No change
2,958
|
$336,000 | 0.08% |
| American Wtr Wks Co Inc New |
Opened
2,660
|
$330,000 | 0.08% |
| Facebook, Inc. |
2.66%
1,830
|
$327,000 | 0.08% |
| Mondelez International, Inc. |
0.56%
5,866
|
$323,000 | 0.08% |
| United Technologies Corp |
No change
2,345
|
$320,000 | 0.08% |
| Royal Caribbean Group |
No change
2,932
|
$317,000 | 0.08% |
| Spdr Series Trust |
Opened
3,259
|
$312,000 | 0.07% |
| Alibaba Group Hldg Ltd |
No change
1,860
|
$310,000 | 0.07% |
| Citigroup, Inc. |
11.78%
4,495
|
$310,000 | 0.07% |
| Chubb Limited |
No change
1,909
|
$308,000 | 0.07% |
| ConocoPhillips |
9.66%
5,391
|
$307,000 | 0.07% |
| Enbridge, Inc. |
54.98%
8,501
|
$299,000 | 0.07% |
| Exchange Traded Concepts Tr |
3.52%
9,600
|
$298,000 | 0.07% |
| Marvell Technology Group Ltd. |
Opened
11,950
|
$298,000 | 0.07% |
| Ecolab, Inc. |
8.92%
1,480
|
$293,000 | 0.07% |
| UnitedHealth Group, Inc. |
3.15%
1,323
|
$288,000 | 0.07% |
| Schlumberger Ltd |
24.78%
8,171
|
$281,000 | 0.07% |
| Royal Gold, Inc. |
No change
2,250
|
$276,000 | 0.07% |
| The TJX Cos., Inc. |
No change
4,900
|
$273,000 | 0.06% |
| Comcast Corp New |
0.05%
6,071
|
$272,000 | 0.06% |
| Vanguard Index Fds |
Closed
1,006
|
$271,000 | |
| Eaton Vance Tax Advt Div Inc |
45.81%
11,000
|
$270,000 | 0.06% |
| Kinder Morgan, Inc. |
1.82%
12,874
|
$266,000 | 0.06% |
| ServiceNow, Inc. |
3.96%
1,050
|
$266,000 | 0.06% |
| Netflix, Inc. |
15.25%
989
|
$265,000 | 0.06% |
| KKR & Co., Inc. |
2.54%
9,590
|
$256,000 | 0.06% |
| Crown Castle Intl Corp New |
8.38%
1,825
|
$254,000 | 0.06% |
| Invesco Exch Trd Slf Idx Fd |
Opened
10,200
|
$253,000 | 0.06% |
| Oracle Corp. |
3.76%
4,500
|
$248,000 | 0.06% |
| Pfizer Inc. |
No change
6,596
|
$237,000 | 0.06% |
| NIKE, Inc. |
No change
2,461
|
$231,000 | 0.05% |
| Sprott Physical Gold & Silve |
3.01%
16,100
|
$229,000 | 0.05% |
| Vanguard Tax Managed Intl Fd |
Opened
5,329
|
$219,000 | 0.05% |
| S&P Global, Inc. |
Opened
867
|
$212,000 | 0.05% |
| United Bankshares Inc West V |
Closed
5,549
|
$206,000 | |
| Automatic Data Processing In |
No change
1,263
|
$204,000 | 0.05% |
| ConnectOne Bancorp, Inc. |
Opened
9,193
|
$204,000 | 0.05% |
| Wells Fargo Co New |
Closed
4,286
|
$203,000 | |
| PagSeguro Digital Ltd. |
Opened
4,300
|
$201,000 | 0.05% |
| Pimco Mun Income Fd Ii |
No change
12,158
|
$191,000 | 0.05% |
| General Electric Co. |
0.42%
19,584
|
$176,000 | 0.04% |
| Alps Etf Tr |
0.41%
13,338
|
$121,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 132 holdings | |||
Hedge funds similar to United Income
- Ardsley Advisory Partners L.P.
- Fusion Family Wealth
- Sg Capital Management
- Triodos Investment Management Bv
- Tiger Eye Capital
- Hgc Investment Management
- Navellier & Associates Inc
- Cqs (us)
- Duncker Streett & Co Inc
- Night Owl Capital Management
- Hunt Lane Capital L.P.
- Bw Gestao De Investimentos Ltda
- Bell Bank
- Chemung Canal Trust Co