Kensington Asset Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Kensington Asset Management, LLC reported 30 stock positions worth $1.8 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 27.8% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 18.2%) and iShares Broad Usd High Yield (USHY, 9.6%). Compared with Q2 2024, it opened 12 new positions, sold out of 2, added to 10 and reduced 6. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +12012%) and the biggest sale Janus Henderson Aaa Clo ETF (JAAA, shares −51%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001979884
- Portfolio Value
- $1.8B (Q3 2024)
- SEC Filing
- 0001979884-24-000007 ↗ filed Nov 13, 2024
Holdings Value
Holdings 30 stocks · $1.8B
| VOO Vanguard S&P 500 ETF | 27.78% | 968,982 | $506.5M | Add +12012.3% |
| QQQ Invesco QQQ Trust Series 1 | 18.16% | 684,154 | $331.0M | Add +4036.6% |
| USHY iShares Broad Usd High Yield | 9.64% | 4,734,160 | $175.8M | Add +22.2% |
| JNK SS SPDR BB High Yield Bond | 6.64% | 1,256,980 | $121.0M | Reduce -7.8% |
| SPHY SS SPDR P High Yield ETF | 5.43% | 4,179,100 | $99.0M | Add +10.6% |
| JAAA Janus Henderson Aaa Clo ETF | 4.10% | 1,469,882 | $74.8M | Reduce -50.9% |
| ANGL Vaneck Fallen Angel High YLD | 3.75% | 2,369,726 | $68.4M | Add +5.7% |
| SRLN SS Blackstone Sr Loan ETF | 2.86% | 1,244,811 | $52.1M | Reduce -39.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.69% | 127,900 | $49.0M | New |
| IWF iShares Russell 1000 Growth | 2.69% | 130,900 | $49.0M | New |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 2.58% | 147,200 | $47.1M | New |
| HYLB Xtrackers Usd High Yield Cor | 2.41% | 1,209,900 | $44.0M | No change |
| SJNK SS SPDR BB St Hi Yield ETF | 2.39% | 1,712,500 | $43.6M | No change |
| BKLN Invesco Senior Loan ETF | 1.73% | 1,503,940 | $31.6M | Reduce -64.1% |
| JBBB Janus Henderson B-BBB Clo Et | 1.22% | 450,448 | $22.2M | Add +16.2% |
| HYGV NT HY Val-SCRD BD ETF | 1.17% | 518,700 | $21.3M | Reduce -1.9% |
| PYLD PIMCO Multisector Bond Actv | 1.09% | 762,781 | $19.9M | New |
| FLHY Franklin High Yield Corporat | 0.53% | 400,450 | $9.6M | New |
| IEF iShares 7-10 Year Treasury B | 0.51% | 98,908 | $9.3M | Add +83.9% |
| SGOL Abrdn Physical Gold Shares | 0.45% | 315,113 | $8.3M | Reduce -3.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.44% | 119,924 | $8.0M | Add +0.1% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.43% | 178,825 | $7.9M | Add +4.6% |
| SPEM State Street SP PTF Em ETF | 0.43% | 193,934 | $7.8M | New |
| XLRE SS Real Estate Select Sector | 0.43% | 180,400 | $7.8M | New |
| AOHY Angel Oak High Yild Oppo ETF | 0.12% | 200,000 | $2.2M | New |
| LONZ PIMCO Senior Loan Active ETF | 0.09% | 33,476 | $1.7M | New |
| HDV iShares Core High Dividend E | 0.08% | 12,500 | $1.5M | Add +34.4% |
| SPLV Invesco S&P 500 Low Volatili | 0.07% | 18,000 | $1.3M | New |
| JHHY John Hancock High Yield ETF | 0.04% | 25,000 | $645K | New |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.03% | 4,600 | $501K | New |
Portfolio Sells Q2 2024 → Q3 2024
| JAAA Janus Henderson Aaa Clo ETF | Reduce -50.9% | 4.10% | −12.31 |
| BKLN Invesco Senior Loan ETF | Reduce -64.1% | 1.73% | −7.77 |
| JNK SS SPDR BB High Yield Bond | Reduce -7.8% | 6.64% | −7.23 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -39.3% | 2.86% | −6.40 |
| HYGV NT HY Val-SCRD BD ETF | Reduce -1.9% | 1.17% | −1.14 |
| VGK Vanguard Ftse Europe ETF | Sold out | 0.00% | −0.77 |
| FLJP Franklin Ftse Japan ETF | Sold out | 0.00% | −0.76 |
| SGOL Abrdn Physical Gold Shares | Reduce -3.6% | 0.45% | −0.33 |
Portfolio Buys Q2 2024 → Q3 2024
| VOO Vanguard S&P 500 ETF | Add +12012.3% | 27.78% | +27.35 |
| QQQ Invesco QQQ Trust Series 1 | Add +4036.6% | 18.16% | +17.30 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 2.69% | +2.69 |
| IWF iShares Russell 1000 Growth | New | 2.69% | +2.69 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | New | 2.58% | +2.58 |
| PYLD PIMCO Multisector Bond Actv | New | 1.09% | +1.09 |
| FLHY Franklin High Yield Corporat | New | 0.53% | +0.53 |
| SPEM State Street SP PTF Em ETF | New | 0.43% | +0.43 |
| XLRE SS Real Estate Select Sector | New | 0.43% | +0.43 |
| AOHY Angel Oak High Yild Oppo ETF | New | 0.12% | +0.12 |
| LONZ PIMCO Senior Loan Active ETF | New | 0.09% | +0.09 |
| SPLV Invesco S&P 500 Low Volatili | New | 0.07% | +0.07 |
| JHHY John Hancock High Yield ETF | New | 0.04% | +0.04 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 0.03% | +0.03 |
| HDV iShares Core High Dividend E | Add +34.4% | 0.08% | −0.03 |
| IEF iShares 7-10 Year Treasury B | Add +83.9% | 0.51% | −0.03 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +4.6% | 0.43% | −0.33 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +0.1% | 0.44% | −0.39 |
| JBBB Janus Henderson B-BBB Clo Et | Add +16.2% | 1.22% | −0.84 |
| ANGL Vaneck Fallen Angel High YLD | Add +5.7% | 3.75% | −3.09 |
| SPHY SS SPDR P High Yield ETF | Add +10.6% | 5.43% | −4.04 |
| USHY iShares Broad Usd High Yield | Add +22.2% | 9.64% | −5.53 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 39 | $1.8B | VOO, PULS, VUSB, JPST, FLOT |
| Q1 2026Amended | 41 | $1.8B | VOO, QQQ, PULS, VUSB, JPST |
| Q4 2025 | 41 | $1.9B | VOO, QQQ, USHY, MGK, VUG |
| Q3 2025 | 37 | $1.7B | VOO, QQQ, USHY, VUG, MGK |
| Q2 2025 | 29 | $1.3B | VOO, QQQ, USHY, MGK, IWF |
| Q1 2025 | 29 | $951.5M | USHY, JNK, VOO, SPHY, ANGL |
| Q4 2024 | 26 | $1.7B | QQQ, VOO, USHY, JNK, SPHY |
| Q3 2024 | 30 | $1.8B | VOO, QQQ, USHY, JNK, SPHY |
| Q2 2024Amended | 20 | $926.6M | JAAA, USHY, JNK, BKLN, SPHY |
| Q1 2024 | 23 | $2.0B | QQQ, VOO, USHY, JNK, MGK |