Genworth Financial Portfolio Concentration Analysis for June 30
An analysis of Genworth Financial Inc's portfolio concentration as of June 30, highlighting its significant allocation to S&P 500 index funds.
As of June 30, the portfolio held by Genworth Financial Inc, valued at $486.1 million, showed a notable concentration pattern.
The holdings data indicates that this portfolio consists of only two distinct positions, demonstrating extreme focus on the stock market.
According to the top_holdings_by_weight data provided by InsiderSet, the largest position is held in ISHAES CORE S&P 500 INDEX ETF (IVV). This fund represents a staggering allocation of 92.66% within the portfolio.
The second significant holding is INVESCO S&P 500 LOW VOLATILITY ETF (SPLV), which accounts for the remaining 7.34%. Both IVV and SPLV are exchange-traded funds tracking variations of the broad S&P 500 index, suggesting a strategy heavily focused on large-cap US equities.
For detailed information about Genworth Financial Inc's holdings profile, you can visit their page on InsiderSet: Institution Profile. To learn more about the specific investments like IVV and SPLV, explore their individual stock profiles:
The portfolio's sector allocation data, sourced from InsiderSet, labels the entire position as belonging to "Unknown" sectors. This classification aligns with the fact that both major holdings (IVV and SPLV) are diversified funds tracking broad market indices.
This high level of concentration in two S&P 500 related ETFs means there is no diversification across different industries or sectors visible from this snapshot, as all assets appear to be categorized under the same unknown sector umbrella.