VICE: 3rd Quarter 2024 Portfolio Review
Portfolio
In the third quarter of 2024, VICE delivered strong performance, with its Net Asset Value (NAV) rising by 11.16%. This outpaced the S&P 500, which posted a 5.89% gain over the same period.
New Positions
VICE added new holdings in Bilibili Inc. (BILI) with 19,348 shares and reestablished positions in Monarch Casino & Resorts Inc. (MCRI) by acquiring 4,420 shares, Vector Group Ltd. (VGR) with 23,189 shares, and International Game Technology (IGT) by adding 12,856 shares. Alongside these new additions, VICE made several portfolio adjustments, including exiting positions in Church & Dwight Company Inc. (CHD), Chuy’s Holdings Inc. (CHUY), Huya Inc. (HUYA), and Turtle Beach Corp. (HEAR).
Winners / Losers
In the third quarter, the portfolio saw strong contributions from Bilibili Inc. (BILI) which soared 56.70%, followed by Turning Point Brands Inc. (TPB) up 34.71%, and El Pollo Loco Holdings Inc. (LOCO) gaining 21.13%. On the downside, Light & Wonder Inc. (LNW) dropped by 13.49%, while MGM Resorts International (MGM) and Nvidia Corp. (NVDA) also underperformed, declining by 12.04% and 1.69%.
Top Holdings
| Ticker | Security Description | Portfolio Weight % |
| TPB | TURNING POINT BRANDS INC | 8.15% |
| BILI | BILIBILI INC-SPONSORED ADR | 6.30% |
| MCRI | MONARCH CASINO & RESORT INC | 4.88% |
| NVDA | NVIDIA CORP | 4.86% |
| VGR | VECTOR GROUP LTD | 4.80% |
| LOCO | EL POLLO LOCO HOLDINGS INC | 4.75% |
| BYD | BOYD GAMING CORP | 4.75% |
| TXRH | TEXAS ROADHOUSE INC | 4.73% |
| BTI | BRITISH AMERICAN TOB-SP ADR | 4.69% |
| ACEL | ACCEL ENTERTAINMENT INC | 4.65% |
As of 9.30.2024. Cash is excluded. Subject to change.
Please see our complete Fund holdings at advisorshares.com/etfs/vice. The holdings details are updated each market day.
Market Update
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