SEC 13F Intelligence

Managers / Q3 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
$2.1B
Q3 2023
Positions
909
Filings on Record
33
2019–present window
Filed
Nov 14, 2023
original filing

Summary

Flow Traders U.S. LLC reported $2.1B in U.S.-listed holdings across 909 positions for Q3 2023.

Its largest position, IXUS, represents 8.6% of the portfolio.

Compared with Q2 2023, the fund opened 394 new positions and exited 382.

Portfolio Metrics

Turnover
+60.1%
vs prior filed quarter
Top-10 Concentration
+29.5%
share of reported value
Largest Position
+8.6%
Ishares Core Msci Total International Stock Etf
New / Exited
394 / 382
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: 95.1%Other: 2.6%ADR: 1.2%Common Stock: 1.1%REIT: 0.0%Other: 0.0%
  • ETP · 95.1% · $2.0B
  • Other · 2.6% · $56M
  • ADR · 1.2% · $25M
  • Common Stock · 1.1% · $24M
  • REIT · 0.0% · $1M
  • Other · 0.0% · $201,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MUBiShares National AMT-Free Muni Bond ETFNEW+460.6K460.6K+$47M$47M
EMBiShares JP Morgan USD Emerging Markets Bond ETFNEW+368.8K368.8K+$30M$30M
TFISPDR Nuveen Barclays Municipal Bond ETFNEW+530.7K530.7K+$23M$23M
TLTiShares 20 Year Treasury Bond ETFNEW+256.9K256.9K+$23M$23M
EWZiShares MSCI Brazil Capped ETFNEW+670.6K670.6K+$21M$21M
IGIBiShares Intermediate Credit Bond ETFNEW+394.6K394.6K+$19M$19M
MDYSPDR S&P MidCap 400 ETF TrustNEW+36.0K36.0K+$16M$16M
IGSBiShares 1-3 Year Credit Bond ETFNEW+307.7K307.7K+$15M$15M

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

Holdings — Q3 2023

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IXUSiShares Core MSCI Total International Stock ETFhistory →ETP8.60%$183M3.06M
2EZUiShares MSCI EMU ETFhistory →ETP4.15%$89M2.10M
3JPMorgan BetaBuilders Japan ETFETP3.09%$66M1.31M
4VSGXVanguard ESG International Stock ETFhistory →ETP2.77%$59M1.17M
5MUBiShares National AMT-Free Muni Bond ETFhistory →ETP2.21%$47M460.6K
6FEZSPDR EURO STOXX 50 ETFhistory →ETP2.12%$45M1.08M
7SPTISPDR Barclays Intermediate Term Treasury ETFhistory →ETP1.83%$39M1.42M
8EWUiShares MSCI United Kingdom ETFhistory →ETP1.72%$37M1.16M
9URTHiShares MSCI World ETFhistory →ETP1.53%$33M271.9K
10SPTSSPDR Barclays Short Term Treasury ETFhistory →ETP1.45%$31M1.08M
11EMBiShares JP Morgan USD Emerging Markets Bond ETFhistory →ETP1.43%$30M368.8K
12VGKVanguard FTSE Europe ETFhistory →ETP1.14%$24M420.5K
13TFISPDR Nuveen Barclays Municipal Bond ETFhistory →ETP1.09%$23M530.7K
14TLTiShares 20 Year Treasury Bond ETFhistory →ETP1.07%$23M256.9K
15USOUnited States Oil Fund LPhistory →ETP1.06%$23M279.7K
16IEViShares Europe ETFhistory →ETP1.03%$22M462.5K
17TLTDFlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fundhistory →ETP1.02%$22M348.7K
18JPSTJPMorgan Ultra-Short Income ETFhistory →ETP1.01%$22M431.4K
19EWZiShares MSCI Brazil Capped ETFhistory →ETP0.96%$21M670.6K
20IGIBiShares Intermediate Credit Bond ETFhistory →ETP0.90%$19M394.6K
21BSCX000.77%$17M756.8K
22MDYSPDR S&P MidCap 400 ETF Trusthistory →ETP0.77%$16M36.0K
23IGSBiShares 1-3 Year Credit Bond ETFhistory →ETP0.72%$15M307.7K
24SHViShares Short Treasury Bond ETFhistory →ETP0.71%$15M137.3K
25iShares MSCI ACWI Low Carbon Target ETFETP0.70%$15M100.0K
26TLHiShares 10-20 Year Treasury Bond ETFhistory →ETP0.67%$14M145.2K
27ACWXiShares MSCI ACWI ex US ETFhistory →ETP0.66%$14M298.5K
28NEARiShares Short Maturity Bond ETFhistory →ETP0.65%$14M276.4K
29IEMGiShares Core MSCI Emerging Markets ETFhistory →ETP0.64%$14M286.2K
30JPMorgan Emerging Markets Equity Core ETFETP0.64%$14M393.1K
31VTIPVanguard Short-Term Inflation-Protected Securities ETFhistory →ETP0.63%$13M283.9K
32EWIiShares MSCI Italy Capped ETFhistory →ETP0.61%$13M430.8K
33EWAiShares MSCI Australia ETFhistory →ETP0.59%$13M585.6K
34VGITVanguard Intermediate-Term Government Bond ETFhistory →ETP0.58%$12M218.4K
35QQQInvesco QQQ Trust Series 1history →ETP0.54%$12M32.4K
36AVEMAvantis Emerging Markets Equity ETFhistory →ETP0.52%$11M209.7K
37XLKTechnology Select Sector SPDR Fundhistory →ETP0.52%$11M67.2K
38DLSWisdomTree International SmallCap Dividend Fundhistory →ETP0.51%$11M190.9K
39IEURiShares Core MSCI Europe ETFhistory →ETP0.51%$11M217.2K
40IWDiShares Russell 1000 Value ETFhistory →ETP0.51%$11M71.0K
41IJHiShares Core S&P Mid-Cap ETFhistory →ETP0.48%$10M41.4K
42Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETFETP0.47%$10M340.2K
43IWOiShares Russell 2000 Growth ETFETP0.46%$10M44.2K
44LTPZPIMCO 15 Year U.S. TIPS Index Exchange-Traded FundETP0.44%$9M178.3K
45iShares MSCI International Developed Size Factor ETFETP0.44%$9M378.5K
46ACWIiShares MSCI ACWI ETFETP0.43%$9M99.3K
47PXFInvesco FTSE RAFI Developed Markets ex-US ETFETP0.43%$9M208.8K
48FTSMFirst Trust Enhanced Short Maturity ETFETP0.42%$9M152.5K
49United States Natural Gas Fund LPETP0.40%$8M1.24M
50GLDSPDR Gold SharesETP0.39%$8M48.3K
51DFAEDimensional Emerging Core Equity Market ETFETP0.39%$8M366.4K
52KXIiShares Global Consumer Staples ETFETP0.38%$8M142.4K
53Invesco S&P 500 Low Volatility ETFETP0.36%$8M132.5K
54EWQiShares MSCI France ETFETP0.36%$8M218.1K
55EPPiShares MSCI Pacific ex Japan ETFETP0.35%$8M190.1K
56EWDiShares MSCI Sweden ETFETP0.35%$8M228.4K
57XLVHealth Care Select Sector SPDR FundETP0.35%$8M58.4K
58SPDR MSCI ACWI IMI ETF USETP0.35%$8M148.7K
59EMLCVanEck Vectors J.P. Morgan EM Local Currency Bond ETFETP0.34%$7M304.7K
60SPSBSPDR Barclays Short Term Corporate Bond ETFETP0.33%$7M243.5K
61SPDR STOXX Europe 50 ETFETP0.33%$7M194.8K
62JPXNiShares Japan Large-Cap ETFETP0.30%$6M101.4K
63VGSHVanguard Short-Term Government Bond ETFETP0.28%$6M104.7K
64DEMWisdomTree Emerging Markets Equity Income FundETP0.28%$6M159.8K
65EWLiShares MSCI Switzerland Capped ETFETP0.27%$6M134.7K
66IMFLInvesco International Developed Dynamic Multifactor ETFETP0.27%$6M250.7K
67FLSWFranklin FTSE Switzerland ETFETP0.27%$6M192.8K
68Deutsche X-trackers MSCI All World ex US Hedged Equity ETFETP0.27%$6M199.3K
69STIPiShares 0-5 Year TIPS Bond ETFETP0.27%$6M58.5K
70DMXFiShares ESG Advanced MSCI EAFE ETFETP0.26%$6M99.0K
71IGROiShares International Dividend Growth ETFETP0.26%$6M94.8K
72GXCSPDR S&P China ETFETP0.26%$6M78.1K
73DIHPDimensional International High Profitability ETFETP0.26%$6M238.5K
74DFIVDimensional International Value ETFETP0.26%$5M167.0K
75GEMGoldman Sachs ActiveBeta Emerging Markets Equity ETFETP0.25%$5M186.3K
76EWTiShares MSCI Taiwan ETFETP0.24%$5M114.9K
77MINTPIMCO Enhanced Short Maturity Active Exchange-Traded FundETP0.23%$5M49.7K
78VWOBVanguard Emerging Markets Government Bond ETFETP0.23%$5M83.2K
79GLOFiShares FactorSelect MSCI Global ETFETP0.23%$5M142.9K
80EWPiShares MSCI Spain Capped ETFETP0.23%$5M177.0K
81Sprott Physical Silver TrustClosed-End Fund0.23%$5M636.8K
82DWMWisdomTree DEFA FundETP0.22%$5M98.8K
83EFAiShares MSCI EAFE ETFETP0.22%$5M68.5K
84GSLCGoldman Sachs ActiveBeta U.S. Large Cap Equity ETFETP0.22%$5M55.6K
85GXUSGoldman Sachs Marketbeta Total International Equity ETFETP0.22%$5M118.8K
86SRLNSPDR Blackstone / GSO Senior Loan ETFETP0.22%$5M110.6K
87TLTEFlexShares Morningstar Emerging Markets Factor Tilt Index FundETP0.22%$5M96.7K
88INDAiShares MSCI India ETFETP0.21%$5M103.3K
89EWSiShares MSCI Singapore ETFETP0.21%$5M247.5K
90VCITVanguard Intermediate-Term Corporate Bond ETFETP0.21%$4M59.1K
91XSDSPDR S&P Semiconductor ETFETP0.21%$4M22.7K
92HMCHonda Motor Co LtdADR0.20%$4M126.9K
93AIAiShares Asia 50 ETFETP0.20%$4M76.3K
94EFGiShares MSCI EAFE Growth ETFETP0.20%$4M49.0K
95CLOIVaneck CLO ETFETP0.20%$4M80.9K
96VDCVanguard Consumer Staples ETFETP0.19%$4M22.7K
97JPMorgan ActiveBuilders International Equity ETFETP0.19%$4M93.4K
98VWOVanguard FTSE Emerging Markets ETFETP0.19%$4M102.3K
99DFEWisdomTree Europe SmallCap Dividend FundETP0.19%$4M75.6K
100XBBBondBloxx BB-Rated USD High Yield Corporate Bond ETFETP0.19%$4M103.8K

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 ↗.