SEC 13F Intelligence

Managers / Q2 2021 · view latest →

LEVEL FOUR FINANCIAL, LLC

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

Reported Value
$237M
Q2 2021
Positions
327
Filings on Record
4
2019–present window
Filed
Aug 9, 2021
original filing

Summary

Level Four Financial, LLC reported $237M in U.S.-listed holdings across 327 positions for Q2 2021.

Its largest position, ISTB, represents 11.4% of the portfolio.

Compared with Q1 2021, the fund opened 67 new positions and exited 31.

Portfolio Metrics

Turnover
+10.9%
vs prior filed quarter
Top-10 Concentration
+37.2%
share of reported value
Largest Position
+11.4%
Ishares Tr
New / Exited
67 / 31
positions this quarter

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: 48.1%ETP: 45.5%Closed-End Fund: 2.2%Other: 1.7%REIT: 1.4%Other: 1.1%
  • Common Stock · 48.1% · $114M
  • ETP · 45.5% · $108M
  • Closed-End Fund · 2.2% · $5M
  • Other · 1.7% · $4M
  • REIT · 1.4% · $3M
  • Other · 1.1% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WYWEYERHAEUSER CO MTN BENEW+33.4K33.4K+$1M$1M
SPTLSPDR SER TRNEW+25.9K25.9K+$1M$1M
UCTTULTRA CLEAN HLDGS INCNEW+15.1K15.1K+$808,000$808,000
XGLQXCLOUGH GLOBAL EQUITY FDNEW+45.6K45.6K+$673,000$673,000
FDNFIRST TR EXCHANGE-TRADED FDNEW+2.6K2.6K+$643,000$643,000
SGRYSURGERY PARTNERS INCNEW+8.8K8.8K+$590,000$590,000
RFREGIONS FINANCIAL CORP NEWNEW+26.8K26.8K+$541,000$541,000
COFCAPITAL ONE FINL CORPNEW+3.3K3.3K+$515,000$515,000

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

Holdings — Q2 2021

237 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISTBISHARES TRCORE 1 5 YR USD · CORE S&P500 ETF · CORE DIV GRWTH · RUS 1000 VAL ETF · CORE US AGGBD ET · MSCI USA MMENTM · INTL SEL DIV ETF · CORE S&P TTL STK · IBOXX INV CP ETF · SELECT DIVID ETF · RUS 1000 GRW ETF · S&P 500 GRWT ETF · CORE S&P MCP ETF · RUSSELL 2000 ETF · CORE S&P SCP ETF · RUS 2000 VAL ETF · MSCI USA MIN VOL · CORE MSCI EAFE · U.S. MED DVC ETF · S&P 100 ETF · MSCI EAFE ETF · 0-5YR INVT GR CP · NATIONAL MUN ETF · 0-5YR HI YL CP · TIPS BD ETF · CORE MSCI TOTAL · MSCI PHILIPS ETF · U.S. REAL ES ETF · MRGSTR MD CP GRW · RUSSELL 3000 ETF · CONV BD ETF · MSCI EAFE MIN VL · IBOXX HI YD ETF · MSCI EMG MKT ETF11.43%$27M308.2K
2VTIVANGUARD INDEX FDSTOTAL STK MKT · S&P 500 ETF SHS · GROWTH ETF · VALUE ETF · EXTEND MKT ETF · SMALL CP ETF · MID CAP ETF5.17%$12M51.9K
3AAPLAPPLE INChistory →COM4.38%$10M75.9K
4CDCVICTORY PORTFOLIOS IIVCSHS US 500 VOL · VCSHS US EQ INCM · VCSHS US 500 ENH3.09%$7M104.7K
5XLKSELECT SECTOR SPDR TRTECHNOLOGY · FINANCIAL · ENERGY · SBI HEALTHCARE · SBI INT-INDS · COMMUNICATION · SBI MATERIALS2.75%$7M91.9K
6SCHDSCHWAB STRATEGIC TRhistory →US DIVIDEND EQ2.57%$6M80.6K
7MSFTMICROSOFT CORPhistory →COM2.14%$5M18.8K
8AMZNAMAZON COM INChistory →COM2.14%$5M1.5K
9BSVVANGUARD BD INDEX FDSSHORT TRM BOND · TOTAL BND MRKT · INTERMED TERM1.86%$4M53.4K
10RDVYFIRST TR EXCHANGE-TRADED FDRISNG DIVD ACHIV · DJ INTERNT IDX · NASD TECH DIV · DORSY WRGH VLU · CAP STRENGTH ETF · NY ARCA BIOTECH · TECH ALPHADEX · DORSEYWRIGHT MOM · FINLS ALPHADEX1.70%$4M74.3K
11MOATVANECK VECTORS ETF TRMORNINGSTAR WIDE · OIL SVCS ETF · SEMICONDUCTOR ET1.52%$4M43.0K
12MGCVANGUARD WORLD FDMEGA CAP INDEX · MEGA GRWTH IND1.46%$3M20.4K
13VFHVANGUARD WORLD FDSFINANCIALS ETF · INF TECH ETF · HEALTH CAR ETF · ENERGY ETF1.31%$3M22.2K
14GOOGALPHABET INCCAP STK CL C · CAP STK CL A1.31%$3M1.2K
15METAFACEBOOK INChistory →CL A1.26%$3M8.6K
16QQQINVESCO QQQ TRhistory →UNIT SER 11.21%$3M8.1K
17VCITVANGUARD SCOTTSDALE FDSINT-TERM CORP · SHRT TRM CORP BD · VNG RUS2000IDX · SHORT TERM TREAS · VNG RUS1000VAL1.20%$3M34.2K
18ABBVABBVIE INChistory →COM1.17%$3M24.6K
19EXMOCEXXON MOBIL CORPhistory →COM1.10%$3M41.4K
20SPTLSPDR SER TRPORTFOLIO LN TSR · S&P OILGAS EXP · S&P HOMEBUILD · AEROSPACE DEF0.94%$2M38.6K
21JPMJPMORGAN CHASE & COCOM0.92%$2M14.1K
22VZVERIZON COMMUNICATIONS INCCOM0.91%$2M38.5K
23VIGVANGUARD SPECIALIZED FUNDSDIV APP ETF0.90%$2M13.7K
24SOSOUTHERN COCOM0.86%$2M33.9K
25ARKWARK ETF TRNEXT GNRTN INTER · INNOVATION ETF · GENOMIC REV ETF · FINTECH INNOVA0.86%$2M19.1K
26GNRCGENERAC HLDGS INCCOM0.84%$2M4.8K
27KRANESHARES TRQUADRTC INT RT0.83%$2M70.9K
28SPYSPDR S&P 500 ETF TRTR UNIT0.77%$2M4.2K
29FTECFIDELITY COVINGTON TRUSTMSCI INFO TECH I · MSCI INDL INDX · MSCI CONSM DIS · MSCI MATLS INDEX0.75%$2M24.7K
30ABTABBOTT LABSCOM0.75%$2M15.3K
31WMTWALMART INCCOM0.75%$2M12.6K
32VNLAJANUS DETROIT STR TRHENDRSN SHRT ETF0.74%$2M35.2K
33HDHOME DEPOT INCCOM0.71%$2M5.3K
34CVXCHEVRON CORP NEWCOM0.71%$2M16.1K
35TAT&T INCCOM0.70%$2M57.8K
36NVDANVIDIA CORPORATIONCOM0.67%$2M2.0K
37RSPINVESCO EXCHANGE TRADED FD TS&P500 EQL WGT0.61%$1M9.6K
38JOEST JOE COCOM0.60%$1M31.8K
39VWOVANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF · FTSE PACIFIC ETF0.57%$1M21.5K
40BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.56%$1M4.7K
41SHOPSHOPIFY INCCL A0.53%$1M864
42SFBSSERVISFIRST BANCSHARES INCCOM0.52%$1M18.0K
43FUBOTV INCCOM0.50%$1M37.3K
44TSLATESLA INCCOM0.49%$1M1.7K
45WYWEYERHAEUSER CO MTN BECOM NEW0.49%$1M33.4K
46CVSCVS HEALTH CORPCOM0.46%$1M13.2K
47VYMVANGUARD WHITEHALL FDSHIGH DIV YLD0.46%$1M10.5K
48DISDISNEY WALT COCOM0.46%$1M6.2K
49AMATAPPLIED MATLS INCCOM0.43%$1M7.1K
50BNDXVANGUARD CHARLOTTE FDSINTL BD IDX ETF0.41%$975,00017.1K
51PERSHING SQUARE TONTINE HLDGCOM CL A0.40%$953,00041.9K
52ASPIRATIONAL CONSUMER LIFESTCOM0.40%$943,00094.5K
53OKEONEOK INC NEWCOM0.39%$936,00016.8K
54JNJJOHNSON & JOHNSONCOM0.39%$925,0005.6K
55COPCONOCOPHILLIPSCOM0.39%$925,00015.2K
56APOLLO STRATEGIC GROWTH CAPTSHS CL A0.39%$916,00093.7K
57COSTCOSTCO WHSL CORP NEWCOM0.38%$894,0002.3K
58AVGOBROADCOM INCCOM0.37%$880,0001.8K
59BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.37%$880,0003.9K
60TTDTHE TRADE DESK INCCOM CL A0.37%$880,00011.4K
61PPLPPL CORPCOM0.36%$858,00030.7K
62PEPPEPSICO INCCOM0.35%$827,0005.6K
63PFEPFIZER INCCOM0.34%$816,00020.8K
64UCTTULTRA CLEAN HLDGS INCCOM0.34%$808,00015.1K
65NCINO INCCOM0.33%$790,00013.2K
66ETF MANAGERS GRP COMMDTY TRBREAKWAVE DRY0.32%$762,00026.0K
67BABOEING COCOM0.31%$730,0003.0K
68LAM RESEARCH CORPCOM0.30%$723,0001.1K
69FFORD MTR CO DELCOM0.30%$722,00048.6K
70BACBK OF AMERICA CORPCOM0.30%$709,00017.2K
71PMPHILIP MORRIS INTL INCCOM0.30%$704,0007.1K
72EMREMERSON ELEC COCOM0.29%$685,0007.1K
73XGLQXCLOUGH GLOBAL EQUITY FDCOM0.28%$673,00045.6K
74PGPROCTER AND GAMBLE COCOM0.28%$662,0004.9K
75CDWCDW CORPCOM0.27%$643,0003.7K
76ROKUROKU INCCOM CL A0.27%$632,0001.4K
77MRKMERCK & CO INCCOM0.27%$629,0008.1K
78MPCMARATHON PETE CORPCOM0.26%$616,00010.2K
79NOBLPROSHARES TRS&P 500 DV ARIST0.25%$599,0006.6K
80SGRYSURGERY PARTNERS INCCOM0.25%$590,0008.8K
81CCITIGROUP INCCOM NEW0.25%$584,0008.3K
82XRNPXCOHEN & STEERS REIT & PFD &COM0.24%$563,00020.7K
83SBLKSTAR BULK CARRIERS CORP.SHS PAR0.23%$557,00024.3K
84CATCATERPILLAR INCCOM0.23%$546,0002.5K
85DGDOLLAR GEN CORP NEWCOM0.23%$542,0002.5K
86RFREGIONS FINANCIAL CORP NEWCOM0.23%$541,00026.8K
87PTBDPACER FDS TRPACER US SMALL · TRENDPILOT US BD0.23%$541,00015.1K
88SESEA LTDSPONSORD ADS0.23%$540,0002.0K
89ANTARES PHARMA INCCOM0.22%$523,000120.0K
90QYLDGLOBAL X FDSNASDAQ 100 COVER0.22%$522,00023.3K
91IBMINTERNATIONAL BUSINESS MACHSCOM0.22%$522,0003.6K
92MMM3M COCOM0.22%$520,0002.6K
93MOALTRIA GROUP INCCOM0.22%$519,00010.9K
94COFCAPITAL ONE FINL CORPCOM0.22%$515,0003.3K
95AFLAFLAC INCCOM0.22%$514,0009.6K
96VVISA INCCOM CL A0.22%$514,0002.2K
97PINE IS ACQUISITION CORPUNIT 99/99/99990.21%$499,00049.4K
98PHYSICIANS RLTY TRCOM0.21%$489,00026.5K
99SNOWSNOWFLAKE INCCL A0.21%$488,0002.0K
100UTFCOHEN & STEERS INFRASTRUCTURCOM0.20%$478,00016.7K

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 ↗.