Americana Partners

Americana Partners as of June 30, 2023

Portfolio Holdings for Americana Partners

Americana Partners holds 289 positions in its portfolio as reported in the June 2023 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
J P Morgan Exchange Traded F Equity Premium (JEPI) 5.4 $42M 758k 55.33
Enterprise Products Partners (EPD) 4.8 $37M 1.4M 26.35
Apple (AAPL) 4.1 $32M 163k 193.97
Microsoft Corporation (MSFT) 3.5 $27M 79k 340.54
Exxon Mobil Corporation (XOM) 2.6 $20M 189k 107.25
Ishares Tr Core Msci Euro (IEUR) 2.5 $19M 370k 52.63
Ishares Tr Usd Inv Grde Etf (USIG) 2.3 $18M 359k 50.09
Adobe Systems Incorporated (ADBE) 2.3 $18M 37k 488.99
Ishares Tr 1 3 Yr Treas Bd (SHY) 2.1 $17M 205k 81.08
Chevron Corporation (CVX) 2.1 $16M 103k 157.35
Kinder Morgan (KMI) 1.7 $13M 756k 17.22
Spdr Ser Tr Portfolio S&p500 (SPLG) 1.6 $13M 243k 52.11
Ishares Tr Short Treas Bd (SHV) 1.6 $12M 112k 110.45
MPLX Com Unit Rep Ltd (MPLX) 1.5 $12M 347k 33.94
Amazon (AMZN) 1.4 $11M 85k 130.36
Ishares Msci Jpn Etf New (EWJ) 1.2 $9.6M 155k 61.90
Spdr Ser Tr S&p Divid Etf (SDY) 1.2 $9.3M 76k 122.58
Pepsi (PEP) 1.2 $9.3M 50k 185.22
BlackRock Insured Municipal Income Trust (BYM) 1.1 $8.8M 782k 11.25
Johnson & Johnson (JNJ) 1.1 $8.7M 53k 165.52
ConocoPhillips (COP) 1.0 $8.1M 78k 103.61
Home Depot (HD) 1.0 $7.9M 25k 310.63
Magellan Midstream Prtnrs Com Unit Rp Lp 1.0 $7.6M 121k 62.32
Spdr S&p 500 Etf Tr Tr Unit (SPY) 1.0 $7.4M 17k 443.29
Procter & Gamble Company (PG) 0.9 $7.2M 48k 151.74
Spdr Ser Tr Portfolio Agrgte (SPAB) 0.9 $7.2M 282k 25.37
Abbvie (ABBV) 0.9 $7.0M 52k 134.73
Raytheon Technologies Corp (RTX) 0.8 $6.4M 65k 97.96
UnitedHealth (UNH) 0.8 $6.3M 13k 480.64
Lowe's Companies (LOW) 0.8 $5.9M 26k 225.70
Rockwell Automation (ROK) 0.7 $5.5M 17k 329.45
Cisco Systems (CSCO) 0.7 $5.4M 105k 51.74
Union Pacific Corporation (UNP) 0.7 $5.4M 26k 204.62
Enbridge (ENB) 0.7 $5.2M 139k 37.15
International Business Machines (IBM) 0.7 $5.1M 38k 133.81
Honeywell International (HON) 0.6 $5.0M 24k 207.50
Alphabet Cap Stk Cl A (GOOGL) 0.6 $5.0M 42k 119.70
Thermo Fisher Scientific (TMO) 0.6 $4.8M 9.2k 521.75
JPMorgan Chase & Co. (JPM) 0.6 $4.8M 33k 145.44
Automatic Data Processing (ADP) 0.6 $4.7M 22k 219.79
Eli Lilly & Co. (LLY) 0.6 $4.6M 9.7k 468.96
Blackstone Secd Lending Common Stock (BXSL) 0.6 $4.5M 165k 27.36
Visa Com Cl A (V) 0.6 $4.4M 19k 237.48
Lockheed Martin Corporation (LMT) 0.6 $4.4M 9.5k 460.37
Wisdomtree Tr Itl Hdg Qtly Div (IHDG) 0.6 $4.3M 107k 40.17
Nextera Energy (NEE) 0.6 $4.3M 58k 74.20
NVIDIA Corporation (NVDA) 0.5 $4.2M 9.9k 423.04
Western Midstream Partners L Com Unit Lp Int (WES) 0.5 $4.1M 156k 26.52
Applied Materials (AMAT) 0.5 $4.1M 28k 144.54
Linde SHS (LIN) 0.5 $4.0M 11k 381.09
Pfizer (PFE) 0.5 $3.9M 108k 36.68
Vanguard Mun Bd Fds Tax Exempt Bd (VTEB) 0.5 $3.8M 76k 50.22
Pgim Etf Tr Pgim Ultra Sh Bd (PULS) 0.5 $3.7M 74k 49.41
Servicenow (NOW) 0.5 $3.7M 6.5k 561.97
Texas Instruments Incorporated (TXN) 0.5 $3.6M 20k 180.02
First Tr Value Line Divid In SHS (FVD) 0.5 $3.6M 89k 40.09
Coca-Cola Company (KO) 0.4 $3.5M 58k 60.22
Ishares Tr 0-3 Mnth Treasry (SGOV) 0.4 $3.5M 35k 100.63
Ishares Tr Ibonds 23 Trm Ts 0.4 $3.5M 140k 24.81
Ishares Tr Core S&p Scp Etf (IJR) 0.4 $3.4M 35k 99.65
Amphenol Corp Cl A (APH) 0.4 $3.3M 39k 84.95
Williams Companies (WMB) 0.4 $3.3M 102k 32.63
Illinois Tool Works (ITW) 0.4 $3.3M 13k 250.16
Charles Schwab Corporation (SCHW) 0.4 $3.3M 57k 56.68
Walt Disney Company (DIS) 0.4 $3.2M 36k 89.28
Vanguard Index Fds S&p 500 Etf Shs (VOO) 0.4 $3.2M 7.9k 407.30
First Tr High Income L/s (FSD) 0.4 $3.2M 281k 11.44
Energy Transfer Com Ut Ltd Ptn (ET) 0.4 $3.2M 251k 12.70
Costco Wholesale Corporation (COST) 0.4 $3.1M 5.7k 538.38
Oneok (OKE) 0.4 $3.1M 50k 61.72
Verizon Communications (VZ) 0.4 $3.0M 80k 37.19
Novo-nordisk A S Adr (NVO) 0.4 $2.9M 18k 161.83
Southern Copper Corporation (SCCO) 0.4 $2.9M 40k 71.74
American Express Company (AXP) 0.4 $2.8M 16k 174.20
Advanced Micro Devices (AMD) 0.4 $2.8M 25k 113.91
Main Street Capital Corporation (MAIN) 0.4 $2.8M 69k 40.03
Waste Management (WM) 0.4 $2.8M 16k 173.41
MetLife (MET) 0.4 $2.7M 48k 56.53
Qualcomm (QCOM) 0.3 $2.7M 22k 119.04
Kimberly-Clark Corporation (KMB) 0.3 $2.6M 19k 138.06
Intuitive Surgical Com New (ISRG) 0.3 $2.6M 7.6k 341.94
Boeing Company (BA) 0.3 $2.6M 12k 211.16
Vanguard Tax-managed Fds Van Ftse Dev Mkt (VEA) 0.3 $2.5M 55k 46.18
Ishares Core Msci Emkt (IEMG) 0.3 $2.4M 48k 49.29
American Intl Group Com New (AIG) 0.3 $2.3M 41k 57.54
Stryker Corporation (SYK) 0.3 $2.3M 7.5k 305.09
Ford Motor Company (F) 0.3 $2.2M 148k 15.13
Kraft Heinz (KHC) 0.3 $2.2M 63k 35.50
Lauder Estee Cos Cl A (EL) 0.3 $2.2M 11k 196.38
Repligen Corporation (RGEN) 0.3 $2.2M 15k 141.46
Paypal Holdings (PYPL) 0.3 $2.1M 32k 66.73
Asml Holding N V N Y Registry Shs (ASML) 0.3 $2.1M 3.0k 724.75
Veeva Sys Cl A Com (VEEV) 0.3 $2.1M 11k 197.73
Vanguard Index Fds Value Etf (VTV) 0.3 $2.1M 15k 142.10
Ishares Tr Rus 1000 Grw Etf (IWF) 0.3 $2.1M 7.7k 275.18
Broadcom (AVGO) 0.3 $2.0M 2.3k 867.45
Meta Platforms Cl A (META) 0.3 $2.0M 6.8k 286.98
Taiwan Semiconductor Mfg Sponsored Ads (TSM) 0.2 $1.9M 19k 100.92
Plains All Amern Pipeline L Unit Ltd Partn (PAA) 0.2 $1.8M 130k 14.10
Everest Re Group (EG) 0.2 $1.8M 5.3k 341.86
Astrazeneca Sponsored Adr (AZN) 0.2 $1.8M 25k 71.57
CSX Corporation (CSX) 0.2 $1.8M 52k 34.10
Fidelity Covington Trust Vlu Factor Etf (FVAL) 0.2 $1.7M 34k 49.10
Ulta Salon, Cosmetics & Fragrance (ULTA) 0.2 $1.7M 3.6k 470.59
Comcast Corp Cl A (CMCSA) 0.2 $1.7M 40k 41.55
Bristol Myers Squibb (BMY) 0.2 $1.6M 26k 63.95
Ethan Allen Interiors (ETD) 0.2 $1.6M 57k 28.28
Vanguard Index Fds Mcap Gr Idxvip (VOT) 0.2 $1.6M 7.8k 205.77
Berkshire Hathaway Inc Del Cl A (BRK.A) 0.2 $1.6M 3.00 517810.00
Phillips 66 (PSX) 0.2 $1.5M 16k 95.38
CVS Caremark Corporation (CVS) 0.2 $1.5M 22k 69.13
Alphabet Cap Stk Cl C (GOOG) 0.2 $1.5M 12k 120.97
Darden Restaurants (DRI) 0.2 $1.5M 8.9k 167.07
Oracle Corporation (ORCL) 0.2 $1.5M 12k 119.09
Spdr Gold Tr Gold Shs (GLD) 0.2 $1.4M 8.1k 178.27
Select Water Solutions Cl A Com (WTTR) 0.2 $1.4M 172k 8.10
EOG Resources (EOG) 0.2 $1.4M 12k 114.44
Metropcs Communications (TMUS) 0.2 $1.4M 9.8k 138.90
Dow (DOW) 0.2 $1.3M 25k 53.26
Merck & Co (MRK) 0.2 $1.3M 11k 115.39
Southern Company (SO) 0.2 $1.3M 19k 70.25
Novartis Sponsored Adr (NVS) 0.2 $1.3M 13k 100.91
Vanguard Specialized Funds Div App Etf (VIG) 0.2 $1.3M 7.9k 162.42
J P Morgan Exchange Traded F Ultra Shrt Inc (JPST) 0.2 $1.3M 25k 50.14
Rbc Cad (RY) 0.2 $1.3M 13k 95.51
Airbnb Com Cl A (ABNB) 0.2 $1.2M 9.7k 128.16
Blackrock Esg Cap Allc Term Shs Ben Int (ECAT) 0.2 $1.2M 79k 15.66
Ishares Gold Tr Ishares New (IAU) 0.2 $1.2M 34k 36.39
Bank of America Corporation (BAC) 0.2 $1.2M 42k 28.69
Prudential Financial (PRU) 0.1 $1.2M 13k 88.22
American Electric Power Company (AEP) 0.1 $1.1M 14k 84.20
Rio Tinto Sponsored Adr (RIO) 0.1 $1.1M 18k 63.84
Mastercard Incorporated Cl A (MA) 0.1 $1.1M 2.8k 393.30
Lyondellbasell Industries N Shs - A - (LYB) 0.1 $1.1M 12k 91.83
At&t (T) 0.1 $1.1M 68k 15.95
Nike CL B (NKE) 0.1 $1.1M 9.8k 110.37
Zions Bancorporation (ZION) 0.1 $1.1M 40k 26.86
Intuit (INTU) 0.1 $1.0M 2.3k 458.28
Targa Res Corp (TRGP) 0.1 $1.0M 14k 76.10
Ameresco Cl A (AMRC) 0.1 $1.0M 21k 48.63
Cummins (CMI) 0.1 $1.0M 4.2k 245.17
McDonald's Corporation (MCD) 0.1 $1.0M 3.5k 298.37
Global X Fds Glb X Mlp Enrg I (MLPX) 0.1 $1.0M 25k 41.57
Shell Spon Ads (SHEL) 0.1 $1.0M 17k 60.38
First Tr Exchange-traded Senior Ln Fd (FTSL) 0.1 $1.0M 22k 45.30
Citigroup Com New (C) 0.1 $999k 22k 46.04
Amgen (AMGN) 0.1 $991k 4.5k 222.00
First Tr Exchange-traded No Amer Energy (EMLP) 0.1 $984k 36k 27.00
Deere & Company (DE) 0.1 $976k 2.4k 405.19
Sony Group Corporation Sponsored Adr (SONY) 0.1 $970k 11k 90.04
FedEx Corporation (FDX) 0.1 $952k 3.8k 247.91
Tractor Supply Company (TSCO) 0.1 $942k 4.3k 221.10
Stanley Black & Decker (SWK) 0.1 $922k 9.8k 93.71
Wal-Mart Stores (WMT) 0.1 $913k 5.8k 157.19
Unilever Spon Adr New (UL) 0.1 $910k 18k 52.13
United Parcel Service CL B (UPS) 0.1 $901k 5.0k 179.24
MercadoLibre (MELI) 0.1 $868k 733.00 1184.60
Vanguard Bd Index Fds Short Trm Bond (BSV) 0.1 $805k 11k 75.57
salesforce (CRM) 0.1 $762k 3.6k 211.26
Nextera Energy Partners Com Unit Part In (NEP) 0.1 $757k 13k 58.64
Duke Energy Corp Com New (DUK) 0.1 $739k 8.2k 89.74
Essential Utils (WTRG) 0.1 $730k 18k 39.91
Whirlpool Corporation (WHR) 0.1 $729k 4.9k 148.80
Netflix (NFLX) 0.1 $723k 1.6k 440.49
Vanguard Index Fds Total Stk Mkt (VTI) 0.1 $719k 3.3k 220.30
First Tr Exchange Trad Fd Vi FST TR GLB FD (FTGC) 0.1 $709k 31k 22.77
Accenture Plc Ireland Shs Class A (ACN) 0.1 $704k 2.3k 308.58
Pimco Dynamic Income Oprnts Com Ben Shs (PDO) 0.1 $693k 53k 13.06
Intel Corporation (INTC) 0.1 $678k 20k 33.44
Watsco, Incorporated (WSO) 0.1 $666k 1.7k 381.44
Generac Holdings (GNRC) 0.1 $663k 4.4k 149.13
Abbott Laboratories (ABT) 0.1 $650k 6.0k 109.02
Vanguard Index Fds Mid Cap Etf (VO) 0.1 $631k 2.9k 220.16
Bunge 0.1 $629k 6.7k 94.35
Gulfport Energy Corp Common Shares (GPOR) 0.1 $610k 5.8k 105.07
Global X Fds Glbl X Mlp Etf (MLPA) 0.1 $609k 14k 42.93
Nuveen (NMCO) 0.1 $593k 55k 10.82
M/a (MTSI) 0.1 $590k 9.0k 65.53
Marriott Intl Cl A (MAR) 0.1 $577k 3.1k 183.69
Invesco Exchange Traded Fd T Water Res Etf (PHO) 0.1 $564k 10k 56.39
Arista Networks (ANET) 0.1 $563k 3.5k 162.06
GSK Sponsored Adr (GSK) 0.1 $562k 16k 35.64
Pioneer Natural Resources 0.1 $559k 2.7k 207.17
HSBC HLDGS Spon Adr New (HSBC) 0.1 $558k 14k 39.62
PerkinElmer (RVTY) 0.1 $552k 4.6k 118.79
Hp (HPQ) 0.1 $537k 18k 30.71
Berkshire Hathaway Inc Del Cl B New (BRK.B) 0.1 $524k 1.5k 341.00
Medtronic SHS (MDT) 0.1 $519k 5.9k 88.10
Manulife Finl Corp (MFC) 0.1 $519k 27k 18.91
Newmont Mining Corporation (NEM) 0.1 $519k 12k 42.66
Plains Gp Hldgs Ltd Partnr Int A (PAGP) 0.1 $514k 35k 14.83
Goldman Sachs (GS) 0.1 $514k 1.6k 322.56
Diageo Spon Adr New (DEO) 0.1 $511k 2.9k 173.48
Super Micro Computer 0.1 $499k 2.0k 249.25
Ishares Tr Msci Acwi Etf (ACWI) 0.1 $479k 5.0k 95.94
Philip Morris International (PM) 0.1 $476k 4.9k 97.62
Leggett & Platt (LEG) 0.1 $474k 16k 29.62
Ssga Active Etf Tr Spdr Tr Tactic (TOTL) 0.1 $472k 12k 40.55
Tfii Cn (TFII) 0.1 $469k 4.1k 113.96
Exchange Traded Concepts Tr Robo Glb Etf (ROBO) 0.1 $469k 8.0k 58.56
Janus Detroit Str Tr Henderson Mtg (JMBS) 0.1 $457k 10k 45.76
General Mills (GIS) 0.1 $454k 5.9k 76.70
Tortoise Energy Infrastructure closed end funds (TYG) 0.1 $445k 15k 29.05
Ishares Tr Rus 1000 Etf (IWB) 0.1 $444k 1.8k 243.74
Aon Shs Cl A (AON) 0.1 $435k 1.3k 345.20
Danaher Corporation (DHR) 0.1 $431k 1.8k 240.00
BlackRock 0.1 $427k 618.00 691.21
Xometry Class A Com (XMTR) 0.1 $424k 20k 21.18
Morgan Stanley Com New (MS) 0.1 $421k 4.9k 85.40
Ishares Tr Core S&p500 Etf (IVV) 0.1 $421k 944.00 445.71
Totalenergies Se Sponsored Ads (TTE) 0.1 $391k 6.8k 57.64
The Trade Desk Com Cl A (TTD) 0.0 $386k 5.0k 77.22
Capital One Financial (COF) 0.0 $378k 3.5k 109.37
Zoetis Cl A (ZTS) 0.0 $373k 2.2k 172.21
Broadridge Financial Solutions (BR) 0.0 $373k 2.3k 165.63
Ishares Tr Russell 2000 Etf (IWM) 0.0 $370k 2.0k 187.27
Kirby Corporation (KEX) 0.0 $369k 4.8k 76.95
Sep Acquisition Corp Unit 07/27/2026 (SEPAU) 0.0 $366k 38k 9.75
Ameriprise Financial (AMP) 0.0 $352k 1.1k 332.16
Autodesk (ADSK) 0.0 $347k 1.7k 204.61
Sap Se Spon Adr (SAP) 0.0 $341k 2.5k 136.81
Vanguard Intl Equity Index F Ftse Europe Etf (VGK) 0.0 $333k 5.4k 61.70
Allison Transmission Hldngs I (ALSN) 0.0 $321k 5.7k 56.46
Honda Motor Amern Shs (HMC) 0.0 $317k 11k 30.31
Docusign (DOCU) 0.0 $315k 6.2k 51.09
Iridium Communications (IRDM) 0.0 $311k 5.0k 62.12
Cheniere Energy Partners Com Unit (CQP) 0.0 $310k 6.7k 46.14
Keysight Technologies (KEYS) 0.0 $306k 1.8k 167.45
Norfolk Southern (NSC) 0.0 $306k 1.4k 226.76
Marvell Technology (MRVL) 0.0 $301k 5.0k 59.78
Illumina (ILMN) 0.0 $300k 1.6k 187.49
Select Sector Spdr Tr Technology (XLK) 0.0 $299k 1.7k 173.86
Vanguard Intl Equity Index F Ftse Emr Mkt Etf (VWO) 0.0 $294k 7.2k 40.68
Hess Midstream Cl A Shs (HESM) 0.0 $293k 9.5k 30.68
Sba Communications Corp Cl A (SBAC) 0.0 $287k 1.2k 231.76
Alps Etf Tr Alerian Mlp (AMLP) 0.0 $285k 7.3k 39.21
Monster Beverage Corp (MNST) 0.0 $281k 4.9k 57.44
Bank Of Montreal Cadcom (BMO) 0.0 $280k 3.1k 90.31
Uber Technologies (UBER) 0.0 $280k 6.5k 43.17
Sentinelone Cl A (S) 0.0 $272k 18k 15.10
Royce Value Trust (RVT) 0.0 $268k 19k 13.80
Microchip Technology (MCHP) 0.0 $266k 3.0k 89.59
Select Sector Spdr Tr Energy (XLE) 0.0 $263k 3.2k 81.18
Toronto Dominion Bk Ont Com New (TD) 0.0 $262k 4.2k 62.01
Gartner (IT) 0.0 $259k 738.00 350.31
Vanguard Index Fds Growth Etf (VUG) 0.0 $252k 889.00 282.96
Caterpillar (CAT) 0.0 $250k 1.0k 246.05
Micron Technology (MU) 0.0 $248k 3.9k 63.11
Sunoco Lp/sunoco Fin Corp Com Ut Rep Lp (SUN) 0.0 $248k 5.7k 43.56
Tesla Motors (TSLA) 0.0 $247k 942.00 261.77
Ishares Tr Core S&p Mcp Etf (IJH) 0.0 $246k 942.00 261.48
Spdr Ser Tr Portfolio Intrmd (SPIB) 0.0 $245k 7.6k 32.11
Southwestern Energy Company 0.0 $244k 41k 6.01
Ishares Tr Ibonds Dec2026 (Principal) (IBDR) 0.0 $243k 10k 23.47
Eaton Corp SHS (ETN) 0.0 $241k 1.2k 201.10
Lyft Cl A Com (LYFT) 0.0 $240k 25k 9.59
Cibc Cad (CM) 0.0 $237k 5.6k 42.68
Vanguard World Fds Inf Tech Etf (VGT) 0.0 $235k 532.00 442.16
Cohen & Steers infrastucture Fund (UTF) 0.0 $234k 9.9k 23.62
Vaneck Etf Trust Gold Miners Etf (GDX) 0.0 $233k 7.7k 30.11
Avista Corporation (AVA) 0.0 $232k 5.9k 39.27
Bk Nova Cad (BNS) 0.0 $231k 4.6k 50.04
Spotify Technology S A SHS (SPOT) 0.0 $231k 1.4k 160.55
Hyatt Hotels Corp Com Cl A (H) 0.0 $229k 2.0k 114.58
Ishares Tr Mbs Etf (MBB) 0.0 $228k 2.4k 93.26
Ishares Msci Eurzone Etf (EZU) 0.0 $225k 4.9k 45.82
Vanguard World Mega Grwth Ind (MGK) 0.0 $224k 950.00 235.32
Agilent Technologies Inc C ommon (A) 0.0 $223k 1.9k 120.25
Blackstone Group Inc Com Cl A (BX) 0.0 $219k 2.4k 92.97
Icon SHS (ICLR) 0.0 $215k 859.00 250.20
BP Sponsored Adr (BP) 0.0 $213k 6.0k 35.29
Fidelity National Financial Fnf Group Com (FNF) 0.0 $213k 5.9k 36.00
Ishares Tr U.s. Utilits Etf (IDU) 0.0 $212k 2.6k 81.75
Mondelez Intl Cl A (MDLZ) 0.0 $210k 2.9k 72.94
Cigna Corp (CI) 0.0 $209k 743.00 280.60
Northrop Grumman Corporation (NOC) 0.0 $207k 455.00 455.80
Schwab Strategic Tr Us Brd Mkt Etf (SCHB) 0.0 $203k 3.9k 51.70
Mfs Invt Grade Mun Tr Sh Ben Int (CXH) 0.0 $188k 26k 7.36
Invesco Exch Traded Fd Tr Ii Fndmntl Hy Crp (PHB) 0.0 $180k 10k 17.48
First Tr Exch Traded Fd Iii Pfd Secs Inc Etf (FPE) 0.0 $178k 11k 15.97
AllianceBernstein Global Hgh Incm (AWF) 0.0 $163k 16k 9.96
Stoneco Com Cl A (STNE) 0.0 $157k 12k 12.74
Invesco Van Kampen Bond Fund (VBF) 0.0 $152k 10k 14.88
Nfj Dividend Interest (NFJ) 0.0 $125k 10k 12.21
Arcos Dorados Holdings Shs Class -a - (ARCO) 0.0 $121k 12k 10.25
Redwire Corporation (RDW) 0.0 $64k 25k 2.55
Meta Materials 0.0 $27k 125k 0.22
Tellurian (TELL) 0.0 $23k 17k 1.41
Redwire Corporation *w Exp 05/27/202 (RDW.WS) 0.0 $4.8k 13k 0.38