SEC 13F Intelligence

Managers / Q1 2023 · view latest →

FLOW TRADERS U.S. LLC

CIK 0001466697 · 1114 AVENUE OF THE AMERICAS, 4TH FLOOR, NEW YORK, NY, 10036 · 917-210-5094

Reported Value
$2.5B
Q1 2023
Positions
931
Filings on Record
33
2019–present window
Filed
May 12, 2023
original filing

Summary

Flow Traders U.S. LLC reported $2.5B in U.S.-listed holdings across 931 positions for Q1 2023.

Its largest position, IXUS, represents 19.2% of the portfolio.

Compared with Q4 2022, the fund opened 383 new positions and exited 337.

Portfolio Metrics

Turnover
+58.7%
vs prior filed quarter
Top-10 Concentration
+43.6%
share of reported value
Largest Position
+19.2%
Ishares Core Msci Total International Stock Etf
New / Exited
383 / 337
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 ’18: $1.7BQ4 ’18Q1 ’19: $1.7BQ2 ’19: $1.5BQ3 ’19: $1.4BQ4 ’19: $1.2BQ4 ’19Q1 ’20: $1.8BQ2 ’20: $1.3BQ3 ’20: $1.3BQ4 ’20: $1.5BQ4 ’20Q1 ’21: $1.8BQ2 ’21: $2.0BQ3 ’21: $2.5BQ4 ’21: $3.7BQ4 ’21Q1 ’22: $2.9BQ2 ’22: $1.9BQ3 ’22: $1.9BQ1 ’23: $2.5BQ1 ’23Q2 ’23: $2.3BQ3 ’23: $2.1BQ4 ’23: $3.3BQ1 ’24: $1.9BQ1 ’24Q2 ’24: $2.0BQ3 ’24: $2.0BQ4 ’24: $2.5BQ1 ’25: $2.4BQ1 ’25Q2 ’25: $2.7BQ3 ’25: $2.5BQ4 ’25: $3.1BQ1 ’26: $3.2BQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 97.0%Other: 2.7%Common Stock: 0.2%ADR: 0.1%Equity WRT: 0.0%Right: 0.0%
  • ETP · 97.0% · $2.4B
  • Other · 2.7% · $67M
  • Common Stock · 0.2% · $5M
  • ADR · 0.1% · $2M
  • Equity WRT · 0.0% · $499,000
  • Right · 0.0% · $17,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IXUSiShares Core MSCI Total International Stock ETFNEW+7.67M7.67M+$475M$475M
ACWIiShares MSCI ACWI ETFNEW+1.48M1.48M+$135M$135M
SPTSSPDR Barclays Short Term Treasury ETFNEW+2.21M2.21M+$65M$65M
ACWXiShares MSCI ACWI ex US ETFNEW+1.09M1.09M+$53M$53M
SPTISPDR Barclays Intermediate Term Treasury ETFNEW+1.68M1.68M+$49M$49M
iShares iBoxx $ High Yield Corporate Bond ETFNEW+298.2K298.2K+$23M$23M
EFViShares MSCI EAFE Value ETFNEW+459.5K459.5K+$22M$22M
EWQiShares MSCI France ETFNEW+512.7K512.7K+$19M$19M

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

Holdings — Q1 2023

500 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IXUSiShares Core MSCI Total International Stock ETFhistory →ETP19.21%$475M7.67M
2ACWIiShares MSCI ACWI ETFhistory →ETP5.47%$135M1.48M
3VEUVanguard FTSE All-World ex-US ETFhistory →ETP3.62%$90M1.68M
4URTHiShares MSCI World ETFhistory →ETP3.56%$88M748.3K
5SPTSSPDR Barclays Short Term Treasury ETFhistory →ETP2.61%$65M2.21M
6ACWXiShares MSCI ACWI ex US ETFhistory →ETP2.15%$53M1.09M
7SPTISPDR Barclays Intermediate Term Treasury ETFhistory →ETP1.96%$49M1.68M
8EWUiShares MSCI United Kingdom ETFhistory →ETP1.89%$47M1.45M
9EFGiShares MSCI EAFE Growth ETFhistory →ETP1.86%$46M491.7K
10FNDFSchwab Fundamental International Large Company Indexhistory →ETP1.21%$30M958.4K
11JIREJPMorgan International Research Enhanced Equity ETFhistory →ETP1.03%$25M462.8K
12iShares iBoxx $ High Yield Corporate Bond ETFETP0.91%$23M298.2K
13EFViShares MSCI EAFE Value ETFhistory →ETP0.90%$22M459.5K
14SCHESchwab Emerging Markets Equity ETFhistory →ETP0.89%$22M899.9K
15EMXCiShares MSCI Emerging Markets ex China ETFhistory →ETP0.79%$20M397.8K
16EWQiShares MSCI France ETFhistory →ETP0.78%$19M512.7K
17iShares MSCI ACWI Low Carbon Target ETFETP0.78%$19M129.8K
18BKIEBNY Mellon International Equity ETFhistory →ETP0.77%$19M284.0K
19IVViShares Core S&P 500 ETFhistory →ETP0.66%$16M39.9K
20BILSPDR Bloomberg Barclays 1-3 Month T-Bill ETFhistory →ETP0.62%$15M167.6K
21DLSWisdomTree International SmallCap Dividend Fundhistory →ETP0.62%$15M251.6K
22IEViShares Europe ETFhistory →ETP0.56%$14M276.9K
23SHYGiShares 0-5 Year High Yield Corporate Bond ETFhistory →ETP0.55%$14M324.5K
24JPMorgan BetaBuilders Developed Asia EX-Japan ETFETP0.53%$13M268.6K
25SCHFSchwab International Equity ETFhistory →ETP0.53%$13M373.9K
26JPMorgan BetaBuilders International Equity ETFETP0.50%$12M229.0K
27EWLiShares MSCI Switzerland Capped ETFhistory →ETP0.49%$12M267.9K
28VPLVanguard FTSE Pacific ETFhistory →ETP0.48%$12M176.3K
29FNDCSchwab Fundamental International Small Cap Company indexhistory →ETP0.48%$12M358.9K
30JPMorgan Ultra-Short Municipal ETFETP0.44%$11M213.1K
31VWOVanguard FTSE Emerging Markets ETFhistory →ETP0.42%$10M257.9K
32VSGXVanguard ESG International Stock ETFhistory →ETP0.41%$10M194.5K
33GSIEGoldman Sachs ActiveBeta International Equity ETFhistory →ETP0.41%$10M329.0K
34ICSHiShares Liquidity Income FundETP0.40%$10M197.7K
35HYSPIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded FundETP0.40%$10M108.6K
36Deutsche X-trackers MSCI EAFE High Dividend Yield Hedged Equity ETFETP0.39%$10M416.5K
37XONEBondBloxx Bloomberg One Year Target Duration US Treasury ETFETP0.39%$10M192.2K
38Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETFETP0.39%$10M309.2K
39PULSPGIM Ultra Short Bond ETFETP0.37%$9M187.2K
40EWZiShares MSCI Brazil Capped ETFETP0.37%$9M336.4K
41IWOiShares Russell 2000 Growth ETFETP0.35%$9M38.1K
42XLPConsumer Staples Select Sector SPDR FundETP0.35%$9M114.6K
43RSPInvesco S&P 500 Equal Weight ETFETP0.34%$8M58.7K
44TFISPDR Nuveen Barclays Municipal Bond ETFETP0.34%$8M178.2K
45GLOFiShares FactorSelect MSCI Global ETFETP0.33%$8M245.4K
46iShares MSCI International Developed Size Factor ETFETP0.33%$8M320.0K
47JETSUS Global Jets ETFETP0.33%$8M439.7K
48KOLDProShares UltraShort Bloomberg Natural GasETP0.33%$8M113.1K
49DIASPDR Dow Jones Industrial Average ETF TrustETP0.33%$8M24.5K
50DDWMWisdomtree Trust-Wisdomtree Dynamic Currency Hedged International Equity FundETP0.33%$8M263.2K
51BKEMBNY Mellon Emerging Markets Equity ETFETP0.31%$8M137.5K
52FLJPFranklin FTSE Japan ETFETP0.30%$7M288.9K
53VGITVanguard Intermediate-Term Government Bond ETFETP0.30%$7M123.3K
54EEMViShares MSCI Emerging Markets Minimum Volatility ETF/DupETP0.29%$7M132.8K
55VGSHVanguard Short-Term Government Bond ETFETP0.29%$7M122.5K
56IQDYFlexShares International Quality Dividend Dynamic Index FundETP0.29%$7M271.3K
57EPPiShares MSCI Pacific ex Japan ETFETP0.29%$7M161.8K
58LEMBiShares Emerging Markets Local Currency Bond ETFETP0.28%$7M190.2K
59DFAIDimensional International Core Equity Market ETFETP0.27%$7M247.6K
60SCHRSchwab Intermediate-Term U.S. Treasury ETFETP0.26%$6M128.8K
61DHSWisdomTree Equity Income FundETP0.26%$6M78.5K
62JPMorgan BetaBuilders Japan ETFETP0.25%$6M129.3K
63IUSViShares Core US Value ETFETP0.25%$6M84.7K
64SHViShares Short Treasury Bond ETFETP0.25%$6M55.6K
65ESGVVanguard ESG US Stock ETFETP0.25%$6M85.2K
66VTIPVanguard Short-Term Inflation-Protected Securities ETFETP0.24%$6M122.2K
67Deutsche X-trackers MSCI Europe Hedged Equity ETFETP0.24%$6M159.1K
68DMXFiShares ESG Advanced MSCI EAFE ETFETP0.23%$6M96.0K
69XLUUtilities Select Sector SPDR FundETP0.23%$6M84.0K
70IWBiShares Russell 1000 ETFETP0.22%$6M24.6K
71GSYInvesco Ultra Short Duration ETFETP0.22%$5M110.8K
72VYMVanguard High Dividend Yield ETFETP0.22%$5M51.6K
73BSJPInvesco BulletShares 2025 High Yield Corporate Bond ETFETP0.21%$5M234.7K
74BKLNInvesco Senior Loan ETFETP0.21%$5M250.7K
75SCHPSchwab U.S. TIPs ETFETP0.20%$5M92.1K
76SGOViShares 0-3 Month Treasury Bond ETFETP0.20%$5M49.1K
77EESWisdomTree SmallCap Earnings FundETP0.20%$5M112.6K
78ITMVanEck Vectors AMT-Free Intermediate Municipal Index ETFETP0.19%$5M102.5K
79EWTiShares MSCI Taiwan ETFETP0.19%$5M103.3K
80VUSBVanguard Ultra Short-Term Bond ETFETP0.19%$5M93.4K
81IVLUiShares MSCI International Developed Value Factor ETFETP0.18%$5M183.1K
82VIGIVanguard International Dividend Appreciation Index FundETP0.18%$5M61.4K
83BKMCBNY Mellon US Mid Cap Core Equity ETFETP0.18%$5M55.6K
84iShares iBonds Dec 2024 Term Muni Bond ETFETP0.18%$4M173.0K
85MUBiShares National AMT-Free Muni Bond ETFETP0.18%$4M40.9K
86XTWYBondBloxx Bloomberg Twenty Year Target Duration US Treasury ETFETP0.17%$4M87.6K
87EEMAiShares MSCI Emerging Markets Asia ETFETP0.17%$4M63.4K
88ITOTiShares Core S&P Total US Stock Market ETFETP0.17%$4M46.1K
89HEZUiShares Trust - iShares Currency Hedged MSCI EMU ETFETP0.17%$4M131.7K
90IHDGWisdomTree International Hedged Dividend Growth FundETP0.17%$4M104.8K
91FLGBFranklin FTSE United Kingdom ETFETP0.17%$4M170.4K
92IWNiShares Russell 2000 Value ETFETP0.17%$4M30.1K
93FUMBFirst Trust Ultra Short Duration Municipal ETFETP0.16%$4M201.9K
94SPDR MSCI ACWI ex-US ETFETP0.16%$4M156.4K
95JPXNiShares Japan Large-Cap ETFETP0.16%$4M64.1K
96JAAAJanus Henderson AAA CLO ETFETP0.16%$4M80.7K
97IBTKiShares iBonds Dec 2030 Term Treasury ETFETP0.16%$4M197.8K
98SCHVSchwab U.S. Large-Cap Value ETFETP0.16%$4M60.7K
99XTWOBondBloxx Bloomberg Two Year Target Duration US Treasury ETFETP0.16%$4M77.7K
100DFSEDimensional Emerging Markets Sustainability Core 1 ETFETP0.16%$4M129.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$3.2B985May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.1B889Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.5B923Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.7B915Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.4B903May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.5B1,001Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.0B895Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.0B890Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.9B813May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.3B850Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.1B909Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.3B897Aug 9, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.5B931May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review885Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.9B1,030Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.9B802Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.9B777May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021REVEALED$3.7B1,477Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.5B972Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021REVEALED$2.0B1,270Aug 24, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$1.8B801May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.5B588Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.3B503Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.3B420Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.8B353May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.2B278Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.4B328Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.5B272Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.7B307May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.7B279Feb 13, 201913F-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 ↗.