Which Stocks Do You Own?

While I believe strongly that using low-cost ETFs and mutual funds is a better strategy than picking individual stocks, I will admit it’s not as much fun for our clients.  When you own an individual stock, for example, it’s fun to hear that the company might have made a major announcement and the stock price is possibly up 17% that day. 

However, I do have a way for you to see which stocks are owned within your mutual funds and ETFs.  Go to Yahoo Finance and enter the ticker symbol of your fund in the “Quote Lookup” box.  Then, click on the “Holdings” tab.  Just scroll down to the bottom, and you can see the top 10 holdings in that fund by percentage.  It’s also interesting to take a look at how much cash is being held in that fund. For example, high cash being held in the fund can mean that the fund manager sees potential for a market pullback and buying opportunity in the future.



Any opinions are those of Wheeler Financial LLC and not necessarily those of RJFS or Raymond James.  This material is being provided for information purposes only and is not a complete description, nor is it a recommendation.  Investments mentioned may not be suitable for all investors. Investing involves risk and you may incur a profit or loss regardless of strategy selected.  Every investor’s situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment.  Prior to making an investment decision, please consult with your financial advisor about your individual situation. 

Investors should consider the investment objectives, risks, charges and expenses of an exchange traded product or an investment company carefully before investing.  The prospectus contains this and other information and should be read carefully before investing.  The prospectus is available from your investment professional