Swell's quarterly rebalance: Meet the newest holdings

It’s that time again. As the summer sun sets, we’re tidying up our portfolios.

Not too, too many big changes, but you’ll definitely want to catch up with the freshest additions.

What is a quarterly rebalance, anyway?

Each quarter, Swell’s impact team reviews the portfolio holdings to make sure the companies are up to snuff with our standards, while working to optimize the risk/return profile.

We use a "rules-based" investment approach that double-filters for impact and for investment performance. Want a refresher on our process? Learn more about our investment approach.

We’re excited about these newest holdings 


What’s new? We’ve added 1 and removed 1 company. See all>

Forterra, Inc. is a Texas based company specializing in water-related infrastructure applications, including water transmission, distribution, and drainage.


What’s new? We’ve added 8 companies. See all>

MyoKardia, Inc.  is a San Francisco based biopharmaceutical company. It engages in the discovery, development, and commercialization of targeted therapies for the treatment of cardiovascular diseases.


What’s new? We’ve removed 1 company. See all>

We have removed Avista Corporation because it has been acquired by Hydro One, a Canadian company that trades on the Toronto Stock Exchange (TSX). Therefore, it is no longer eligible for us to hold.


What’s new? We’ve added 3 and removed 2 companies. See all>

San Francisco based iRhythm Technologies engages in the development of monitoring and diagnostic solutions to detect cardiac arrhythmias. It provides ambulatory electrocardiogram, or ECG, monitoring for patients at risk for arrhythmias.


What’s new? We’ve added 1 and removed 4 companies. See all>

Allentown, PA company, PPL Corporation  generates, transmits, and distributes electricity in Pennsylvania, Kentucky, and the United Kingdom. PPL employs smart grid technologies throughout their distribution network – plus, they've developed one of the first industrial-scale battery storage facilities in the UK.


What’s new? We’ve added 1 and removed 2 companies. See all>

Martin Marietta Materials, Inc. creates products that are used in wastewater and air pollution control systems, decreasing the amount of sludge in landfills and sulfur oxide in the atmosphere. Their magnesium oxide product can also be used to neutralize nuclear waste.

Whew, that’s a lot! Until next time, happy investing.

Topics: Portfolios

Nicole White

Nicole White

Nicole White is Swell's Copywriter and Content Strategist. Her passion (however boring) is personal finance; she has a unique knack for simplifying the complicated through wit and accessibility. Originally from Pittsburgh, she moved to LA with her family about two years ago and loves it. She's excited to be a part of a team that is actually making a difference through innovation and elbow grease.

Read more about our six portfolios