SEC 13F Intelligence

Managers / Q4 2020 · view latest →

LEVEL FOUR FINANCIAL, LLC

CIK 0000857602 · 12400 COIT ROAD, SUITE 700, DALLAS, TX, 75251 · 972-284-5478

Reported Value
$232M
Q4 2020
Positions
328
Filings on Record
4
2019–present window
Filed
Feb 12, 2021
original filing

Summary

Level Four Financial, LLC reported $232M in U.S.-listed holdings across 328 positions for Q4 2020.

Its largest position, IVV, represents 11.8% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+38.9%
share of reported value
Largest Position
+11.8%
Ishares Tr

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $232MQ4 ’20Q1 ’21: $216MQ1 ’21Q2 ’21: $237MQ2 ’21Q3 ’21: $229MQ3 ’21filingsflow.com

Portfolio Composition

By security type
Common Stock: 48.3%ETP: 46.7%Closed-End Fund: 1.8%ADR: 1.3%Other: 1.2%Other: 0.7%
  • Common Stock · 48.3% · $112M
  • ETP · 46.7% · $108M
  • Closed-End Fund · 1.8% · $4M
  • ADR · 1.3% · $3M
  • Other · 1.2% · $3M
  • Other · 0.7% · $2M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
AAPLAPPLE INCNEW+86.6K86.6K+$11M$11M
JOEST JOE CONEW+212.2K212.2K+$7M$7M
AMZNAMAZON COM INCNEW+1.8K1.8K+$6M$6M
SCHDSCHWAB STRATEGIC TRNEW+74.8K74.8K+$5M$5M
MSFTMICROSOFT CORPNEW+21.1K21.1K+$5M$5M
VICTORY PORTFOLIOS IINEW+74.9K74.9K+$5M$5M
TSLATESLA INCNEW+6.2K6.2K+$4M$4M
QQQINVESCO QQQ TRNEW+41.6K41.6K+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2020

215 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IVVISHARES TRCORE S&P500 ETF · CORE 1 5 YR USD · MSCI USA MIN VOL · CORE US AGGBD ET · IBOXX INV CP ETF · MSCI USA MMENTM · CORE S&P TTL STK · INTL SEL DIV ETF · RUS 1000 GRW ETF · CORE DIV GRWTH · SELECT DIVID ETF · S&P 500 GRWT ETF · CORE S&P MCP ETF · 20 YR TR BD ETF · CORE S&P SCP ETF · RUSSELL 2000 ETF · BARCLAYS 7 10 YR · 1 3 YR TREAS BD · MSCI EAFE ETF · RUS 2000 VAL ETF · CORE MSCI EAFE · 0-5YR INVT GR CP · NATIONAL MUN ETF · S&P 100 ETF · TIPS BD ETF · 0-5YR HI YL CP · CORE MSCI TOTAL · RUS 1000 VAL ETF · U.S. MED DVC ETF · MSCI EAFE MIN VL · PFD AND INCM SEC · MSCI EMG MKT ETF · EAFE SML CP ETF · MRGSTR MD CP GRW · IBOXX HI YD ETF · CONV BD ETF · RUSSELL 3000 ETF11.80%$27M310.4K
2AAPLAPPLE INChistory →COM4.89%$11M85.4K
3VTIVANGUARD INDEX FDSTOTAL STK MKT · S&P 500 ETF SHS · GROWTH ETF · VALUE ETF · EXTEND MKT ETF · SMALL CP ETF · REAL ESTATE ETF · MID CAP ETF4.34%$10M52.2K
4QUSSPDR SER TRMSCI USA STRTGIC · PRTFLO S&P500 VL · PORTFOLIO SH TSR · PORTFOLIO LN TSR · S&P RETAIL ETF · S&P HOMEBUILD · S&P DIVID ETF · PORTFLI INTRMDIT · AEROSPACE DEF3.22%$7M133.8K
5CDCVICTORY PORTFOLIOS IIVCSHS US 500 VOL · VCSHS US 500 ENH · VCSHS US EQ INCM3.00%$7M114.4K
6JOEST JOE COhistory →COM2.97%$7M162.0K
7AMZNAMAZON COM INChistory →COM2.59%$6M1.8K
8SCHDSCHWAB STRATEGIC TRUS DIVIDEND EQ · SCHWAB FDT US SC2.22%$5M82.8K
9MSFTMICROSOFT CORPhistory →COM2.03%$5M21.1K
10TSLATESLA INChistory →COM1.89%$4M6.2K
11XLKSELECT SECTOR SPDR TRTECHNOLOGY · SBI INT-FINL · SBI INT-INDS · SBI HEALTHCARE · SBI MATERIALS · ENERGY1.84%$4M65.8K
12FDNFIRST TR EXCHANGE-TRADED FDDJ INTERNT IDX · FST LOW OPPT EFT · RISNG DIVD ACHIV · NASD TECH DIV · CAP STRENGTH ETF · NY ARCA BIOTECH · DORSEYWRIGHT MOM · TECH ALPHADEX1.55%$4M57.9K
13BSVVANGUARD BD INDEX FDSSHORT TRM BOND · TOTAL BND MRKT1.47%$3M40.6K
14VCITVANGUARD SCOTTSDALE FDSINT-TERM CORP · SHRT TRM CORP BD · VNG RUS2000IDX · SHORT TERM TREAS · VNG RUS1000VAL · MORTG-BACK SEC · VNG RUS1000IDX1.46%$3M36.9K
15QQQINVESCO QQQ TRhistory →UNIT SER 11.44%$3M10.6K
16VGTVANGUARD WORLD FDSINF TECH ETF · FINANCIALS ETF · HEALTH CAR ETF · ENERGY ETF1.26%$3M26.1K
17EXMOCEXXON MOBIL CORPhistory →COM1.13%$3M63.3K
18MGCVANGUARD WORLD FDMEGA CAP INDEX · MEGA GRWTH IND1.09%$3M16.2K
19TOTLSSGA ACTIVE ETF TRhistory →SPDR TR TACTIC1.08%$2M50.6K
20MOATVANECK VECTORS ETF TRMORNINGSTAR WIDE · OIL SVCS ETF · JR GOLD MINERS E1.07%$2M36.8K
21SOSOUTHERN COCOM0.93%$2M35.2K
22ABBVABBVIE INCCOM0.88%$2M19.0K
23METAFACEBOOK INCCL A0.87%$2M7.3K
24ARKKARK ETF TRINNOVATION ETF · NEXT GNRTN INTER0.84%$2M15.2K
25WMTWALMART INCCOM0.83%$2M13.4K
26GEMGOLDMAN SACHS ETF TRACTIVEBETA EME · HEDGE IND ETF · ACCES TREASURY0.78%$2M34.4K
27TAT&T INCCOM0.76%$2M61.0K
28VIGVANGUARD SPECIALIZED FUNDSDIV APP ETF0.74%$2M12.2K
29SICPSILVERGATE CAP CORPCL A0.74%$2M23.0K
30GOOGALPHABET INCCAP STK CL C · CAP STK CL A0.73%$2M961
31VZVERIZON COMMUNICATIONS INCCOM0.72%$2M28.2K
32HDHOME DEPOT INCCOM0.71%$2M6.2K
33JPMJPMORGAN CHASE & COCOM0.69%$2M12.7K
34DISDISNEY WALT COCOM0.69%$2M8.8K
35SPYSPDR S&P 500 ETF TRTR UNIT0.65%$2M4.0K
36DNLWISDOMTREE TRGLB US QTLY DIV · FLOATNG RAT TREA0.63%$1M29.3K
37VYMVANGUARD WHITEHALL FDSHIGH DIV YLD · INTL DVD ETF0.62%$1M16.1K
38VWOVANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF · FTSE PACIFIC ETF0.62%$1M24.8K
39TTDTHE TRADE DESK INCCOM CL A0.61%$1M1.8K
40BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.59%$1M5.8K
41CVXCHEVRON CORP NEWCOM0.58%$1M16.0K
42RSPINVESCO EXCHANGE TRADED FD TS&P500 EQL WGT0.57%$1M10.4K
43SHOPSHOPIFY INCCL A0.55%$1M1.1K
44ABTABBOTT LABSCOM0.52%$1M11.1K
45SESEA LTDSPONSORD ADS0.52%$1M6.1K
46ABFLTRIMTABS ETF TRUS FREE CASH FLW0.51%$1M25.4K
47QYLDGLOBAL X FDSNASDAQ 100 COVER · MSCI CHINA CNSMR · SOCIAL MED ETF0.49%$1M34.2K
48CVSCVS HEALTH CORPCOM0.47%$1M15.9K
49NCINO INCCOM0.46%$1M14.8K
50PERSHING SQUARE TONTINE HLDGCOM CL A0.46%$1M38.2K
51AEROJET ROCKETDYNE HLDGS INCCOM0.46%$1M20.0K
52PTBDPACER FDS TRTRENDPILOT US BD · TRENDP US LAR CP · TRENDP US MID CP0.45%$1M34.4K
53FIRST TR EXCH TRADED FD IIIPFD SECS INC ETF0.43%$1M49.7K
54DUSADAVIS FUNDAMENTAL ETF TRSELECT US EQTY0.43%$1M34.1K
55NVDANVIDIA CORPORATIONCOM0.42%$967,0001.9K
56BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.41%$952,0004.1K
57FVDFIRST TR VALUE LINE DIVID INSHS0.39%$907,00025.9K
58JNJJOHNSON & JOHNSONCOM0.38%$877,0005.6K
59AVGOBROADCOM INCCOM0.37%$858,0002.0K
60LAM RESEARCH CORPCOM0.37%$848,0001.8K
61CCITIGROUP INCCOM NEW0.36%$841,00013.6K
62FUBOTV INCCOM0.36%$839,00030.0K
63MRKMERCK & CO. INCCOM0.36%$830,00010.2K
64PPLPPL CORPCOM0.35%$818,00029.0K
65PEPPEPSICO INCCOM0.34%$783,0005.3K
66PFEPFIZER INCCOM0.34%$779,00021.2K
67EMREMERSON ELEC COCOM0.32%$732,0009.1K
68QCOMQUALCOMM INCCOM0.30%$692,0004.5K
69SFBSSERVISFIRST BANCSHARES INCCOM0.30%$685,00017.0K
70COPCONOCOPHILLIPSCOM0.29%$669,00016.7K
71BABOEING COCOM0.29%$664,0003.1K
72PGPROCTER AND GAMBLE COCOM0.29%$664,0004.8K
73EWAISHARES INCMSCI AUST ETF0.27%$635,00026.5K
74BNDXVANGUARD CHARLOTTE FDSINTL BD IDX ETF0.27%$617,00010.5K
75VVISA INCCOM CL A0.27%$615,0002.8K
76GLDSPDR GOLD TRGOLD SHS0.26%$605,0003.4K
77FIDUFIDELITY COVINGTON TRUSTMSCI INDL INDX · CONSMR STAPLES0.26%$605,00013.7K
78DGDOLLAR GEN CORP NEWCOM0.26%$604,0002.9K
79ROKUROKU INCCOM CL A0.26%$598,0001.8K
80GNRCGENERAC HLDGS INCCOM0.26%$597,0002.6K
81PMPHILIP MORRIS INTL INCCOM0.26%$596,0007.2K
82PSXPHILLIPS 66COM0.25%$580,0008.3K
83ZMZOOM VIDEO COMMUNICATIONS INCL A0.25%$579,0001.7K
84PTONPELOTON INTERACTIVE INCCL A COM0.25%$578,0003.8K
85NEENEXTERA ENERGY INCCOM0.25%$575,0007.5K
86CATCATERPILLAR INCCOM0.25%$573,0003.1K
87TNDMTANDEM DIABETES CARE INCCOM NEW0.24%$567,0005.9K
88CDWCDW CORPCOM0.23%$524,0004.0K
89COSTCOSTCO WHSL CORP NEWCOM0.23%$524,0001.4K
90NOBLPROSHARES TRS&P 500 DV ARIST0.23%$523,0006.6K
91CSCOCISCO SYS INCCOM0.23%$522,00011.7K
92UTFCOHEN & STEERS INFRASTRUCTURCOM0.22%$519,00020.1K
93DIREXION SHS ETF TRCONNECTED CONSUM0.22%$516,0008.6K
94IBMINTERNATIONAL BUSINESS MACHSCOM0.22%$508,0004.0K
95BACBK OF AMERICA CORPCOM0.22%$501,00016.5K
96OKEONEOK INC NEWCOM0.22%$500,00013.0K
97MDTMEDTRONIC PLCSHS0.21%$493,0004.2K
98HONHONEYWELL INTL INCCOM0.21%$492,0002.3K
99ENPHENPHASE ENERGY INCCOM0.21%$491,0002.8K
100XRNPXCOHEN & STEERS REIT & PFD &ICOM0.21%$485,00021.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2021$229M301Oct 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$237M327Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$216M284May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$232M328Feb 12, 202113F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.