By: Manisha Sethi Aug. 27, 2018

Geneva Partners, LLC disclosed its SEC 13F filings for Q1 2018 on May 8 and reported a portfolio value of $121.62 million and 9 new stocks investments. Its top holdings include iShares Core MSCI Emerging Markets ETF (IEMG), Vanguard FTSE All-World ex-US ETF (VEU), PowerShares Senior Loan Portfolio (BKLN), and Citigroup, Inc. (C). The top 10 holdings form 37.64% of the portfolio value. Geneva Partners, LLC is an investment advisory firm based out of Lake Geneva and provides financial planning, portfolio management, asset allocation, risk tolerance, and pension consulting services. It invests across various sectors in stocks and ETFs with the financial sector as the major shareholding (48.92%).

Raltin analyzed the investor’s new purchases since Q1 2014 and calculated their annual internal rate of return (IRR). The difference between the stocks IRR and SPDR S&P 500 ETF Trust (SPY) IRR showed that 58.83% of the new stock purchases outperform S&P 500 (Details of Raltin’s methodology can be found here.). Only 17 out of 68 new purchases (between Q1 2014 and Q1 2018) underperform by more than 10%. The table below lists the number of new stock purchases as per the S&P performance categories.

S&P outperformance categoryNumber of new stock purchasesTotal new purchases (%)
10 to 20%1014.71
0 to 10%1420.59
-10 to 0%1116.18
-20 to -10%1420.59
Total stocks68


The firm added 9 new stocks this quarter, of which Palo Alto Networks, Inc. (PANW) from the information technology sector and Cooper Companies, Inc. (COO) from the healthcare sector, constitute about 2.81% and 1.57% of its portfolio. The following table shows the investor’s new purchases for Q1 2018.

StocksNo. of sharesHolding value ($1,000)
Palo Alto Networks, Inc. (PANW)18,8153,415
Cooper Companies, Inc. (COO)8,3601,913
Intuit Inc. (INTU)6,9601,207
HealthEquity, Inc. (HQY)14,405872
Illumina, Inc. (ILMN)1,930456
Diageo plc (DEO)3,365456
PayPal Holdings, Inc. (PYPL)5,590424
Cintas Corp. (CTAS)2,100358
International Paper Company (IP)4,750254

The following table shows the investor’s portfolio value for Q2 2016, the only quarter from Q1 2017 to Q1 2016 in which the firm bought new stocks. Among these, Bank of America Corp., Alibaba Group Holding Ltd., and Netflix, Inc. are the top 3 stocks that outperform S&P 500 and do so by more than 20%.

PeriodTotal portfolio value ($Mn)Top holdings (Ticker, % of IRR difference from S&P 500)
Q2 2016111.605Bank of America Corp. (BAC, 67.39), Alibaba Group Holding Ltd. (BABA, 61.74), Netflix, Inc. (NFLX, 47.9)