SEC 13F Intelligence

Managers / Q4 2023 · view latest →

SRH ADVISORS, LLC

CIK 0001512779 · 2121 E. CRAWFORD PLACE, SALINA, KS, 67401 · 785-823-3097

Reported Value
$286M
Q4 2023
Positions
298
Filings on Record
30
2019–present window
Filed
Jan 24, 2024
original filing

Summary

Srh Advisors, LLC reported $286M in U.S.-listed holdings across 298 positions for Q4 2023.

The portfolio is heavily concentrated: Elevation Series alone accounts for 62.1% of reported value.

Compared with Q3 2023, the fund opened 14 new positions and exited 8.

Portfolio Metrics

Turnover
+0.4%
vs prior filed quarter
Top-10 Concentration
+87.7%
share of reported value
Largest Position
+62.1%
Elevation Series
New / Exited
14 / 8
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: $26MQ4 ’18Q1 ’19: $28MQ2 ’19: $29MQ3 ’19: $30MQ4 ’19: $31MQ4 ’19Q1 ’20: $36MQ2 ’20: $40MQ3 ’20: $52MQ4 ’20: $60MQ4 ’20Q1 ’21: $70MQ2 ’21: $80MQ3 ’21: $82MQ4 ’21: $88MQ4 ’21Q1 ’22: $90MQ2 ’22: $81MQ3 ’22: $77MQ1 ’23: $188MQ1 ’23Q3 ’23: $205MQ4 ’23: $286MQ1 ’24: $315MQ2 ’24: $299MQ2 ’24Q3 ’24: $329MQ4 ’24: $337MQ1 ’25: $324MQ2 ’25: $329MQ2 ’25Q3 ’25: $343MQ4 ’25: $347MQ1 ’26: $349Mfilingsflow.com

Portfolio Composition

By security type
ETP: 78.6%Common Stock: 16.6%Closed-End Fund: 4.4%REIT: 0.4%ADR: 0.0%Other: 0.0%
  • ETP · 78.6% · $225M
  • Common Stock · 16.6% · $48M
  • Closed-End Fund · 4.4% · $13M
  • REIT · 0.4% · $1M
  • ADR · 0.0% · $48,965
  • Other · 0.0% · $57,212

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ELEVATION SERIES TRUSTNEW+875.5K875.5K+$52M$52M
GTYGETTY RLTY CORP NEWNEW+3.6K3.6K+$105,437$105,437
GLPIGAMING & LEISURE PPTYS INCNEW+2.1K2.1K+$103,349$103,349
EA SERIES TRUSTNEW+2.4K2.4K+$97,176$97,176
EQBKEQUITY BANCSHARES INCNEW+2.0K2.0K+$69,241$69,241
WBAWALGREENS BOOTS ALLIANCE INCNEW+1.1K1.1K+$30,027$30,027
GRBKGREEN BRICK PARTNERS INCNEW+400400+$20,776$20,776
GPIGROUP 1 AUTOMOTIVE INCNEW+5353+$16,151$16,151

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

Holdings — Q4 2023

259 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ELEVATION SERIES TRUSTSRH US QUALITY · SRH REIT COVERED62.12%$178M4.80M
2SCHDSCHWAB STRATEGIC TRUS DIVIDEND EQ · US BRD MKT ETF · US TIPS ETF · US LCAP GR ETF · INTL EQTY ETF · US AGGREGATE B · SHT TM US TRES · US LCAP VA ETF · US REIT ETF10.67%$31M451.3K
3JPMJPMORGAN CHASE & COhistory →COM3.40%$10M57.2K
4UTFCOHEN & STEERS INFRASTRUCTURhistory →COM3.03%$9M408.2K
5BRK/ABERKSHIRE HATHAWAY INC DELCL A · CL B NEW2.59%$7M8.6K
6VOOVANGUARD INDEX FDSS&P 500 ETF SHS · TOTAL STK MKT · SML CP GRW ETF · MID CAP ETF · SMALL CP ETF · REAL ESTATE ETF1.53%$4M11.0K
7NRGNRG ENERGY INChistory →COM NEW1.30%$4M72.2K
8IVVISHARES TRCORE S&P500 ETF · CORE S&P SCP ETF · DOW JONES US ETF · SELECT DIVID ETF · CORE S&P MCP ETF · RUS 1000 GRW ETF · CORE MSCI EAFE · RUS 1000 VAL ETF · RUS 2000 GRW ETF · 1 3 YR TREAS BD · CORE US AGGBD ET · IBOXX INV CP ETF · MSCI USA QLT FCT · 1 3 YR CR BD ETF · RUSSELL 2000 ETF · RUS MID CAP ETF · JPMORGAN USD EMG1.17%$3M13.5K
9WMTWALMART INChistory →COM1.01%$3M18.3K
10STEWSRH TOTAL RETURN FUND INCCOM0.91%$3M188.9K
11MSFTMICROSOFT CORPCOM0.84%$2M6.4K
12VIGVANGUARD GROUPDIV APP ETF0.80%$2M13.5K
13EVREVERCORE INCCLASS A0.71%$2M11.9K
14VYMVANGUARD WHITEHALL FDS INCHIGH DIV YLD0.61%$2M15.6K
15AAPLAPPLE INCCOM0.45%$1M6.8K
16SDYSPDR SERIES TRUSTS&P DIVID ETF · WELLS FG PFD ETF · FTSE INT GVT ETF0.43%$1M11.1K
17BNSBank Of Nova ScotiaCOM0.39%$1M23.0K
18XRNPXCOHEN & STEERS REIT & PFD &COM0.39%$1M55.0K
19WTWWILLIS TOWERS WATSON PUB LTDSHS0.38%$1M4.5K
20VCSHVANGUARD SCOTTSDALE FDSSHRT TRM CORP BD · INT-TERM CORP0.33%$938,23812.1K
21BSVVANGUARD BD INDEX FD INCSHORT TRM BOND0.31%$885,80711.5K
22SOSOUTHERN COCOM0.31%$878,25312.5K
23ZIGETF SER SOLUTIONSACQUIRERS FD0.25%$724,12020.8K
24DISDISNEY WALT COCOM DISNEY0.25%$709,4997.9K
25INTCINTEL CORPCOM0.24%$700,93113.9K
26TSLATESLA INCCOM0.24%$677,1082.7K
27PGPROCTER AND GAMBLE COCOM0.21%$613,2574.2K
28KMBKIMBERLY CLARK CORPCOM0.19%$533,4294.4K
29MMM3M COCOM0.18%$529,8454.8K
30KOCOCA COLA COCOM0.17%$489,2508.3K
31GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.15%$442,2883.2K
32JNJJOHNSON & JOHNSONCOM0.15%$436,5212.8K
33CVXCHEVRON CORP NEWCOM0.13%$376,9272.5K
34XMLVINVESCO EXCHNG TRADED FD TRS&P MIDCP LOW · PFD ETF0.13%$368,5329.7K
35PAYXPAYCHEX INCCOM0.13%$365,4293.1K
36YUMYUM BRANDS INCCOM0.12%$338,4092.6K
37KRKROGER COCOM0.11%$327,9697.2K
38UNPUNION PAC CORPCOM0.11%$319,3061.3K
39METAMETA PLATFORMS INCCL A0.11%$318,210899
40NVDANVIDIA CORPCOM0.10%$290,694587
41TGTTARGET CORPCOM0.10%$284,8402.0K
42XLKSELECT SECTOR SPDR TRTECHNOLOGY · SBI HEALTHCARE0.10%$280,2921.6K
43MRKMERCK & CO INCCOM0.09%$247,1482.3K
44CINFCINCINNATI FINL CORPCOM0.09%$244,7862.4K
45PYPLPAYPAL HLDGS INCCOM0.08%$240,2363.9K
46ADMARCHER DANIELS MIDLAND COCOM0.08%$237,8933.3K
47STAGSTAG INDL INCCOM0.08%$231,6345.9K
48VICIVICI PPTYS INCCOM0.07%$213,3736.7K
49GISGENERAL MLS INCCOM0.07%$211,7053.3K
50SCHWSCHWAB CHARLES CORP NEWCOM0.07%$196,4242.9K
51IBMINTERNATIONAL BUSINESS MACHSCOM0.06%$179,9051.1K
52OREALTY INCOME CORPCOM0.06%$178,0023.1K
53SWKSTANLEY BLACK & DECKER INCCOM0.06%$165,7891.7K
54HDHOME DEPOT INCCOM0.06%$162,763470
55SKTTANGER FACTORY OUTLET CTRS ICOM0.06%$158,0045.7K
56LLYLILLY ELI & COCOM0.05%$155,640267
57SRESEMPRA ENERGYCOM0.05%$155,4382.1K
58VZVERIZON COMMUNICATIONS INCCOM0.05%$149,4054.0K
59PFEPFIZER INCCOM0.05%$147,3475.1K
60EBAYEBAY INC.COM0.05%$145,0313.3K
61UBERUBER TECHNOLOGIES INCCOM0.05%$141,1802.3K
62CORPPIMCO ETF TRINV GRD CRP BD0.05%$136,1641.4K
63AMZNAMAZON COM INCCOM0.05%$131,428865
64EXMOCEXXON MOBIL CORPCOM0.05%$129,2741.3K
65CSCOCISCO SYS INCCOM0.04%$121,2482.4K
66XELXCEL ENERGY INCCOM0.04%$113,4811.8K
67GTYGETTY RLTY CORP NEWCOM0.04%$105,4373.6K
68BABOEING COCOM0.04%$104,264400
69GLPIGAMING & LEISURE PPTYS INCCOM0.04%$103,3492.1K
70XJPIXNUVEEN PFD & INCOME TERM FDCOM0.04%$100,5405.5K
71TRVTRAVELERS COMPANIES INCCOM0.03%$98,102515
72CFFNCAPITOL FED FINL INCCOM0.03%$98,04015.2K
73KELKELLANOVACOM0.03%$97,5631.7K
74EA SERIES TRUSTUS QUAN VALUE0.03%$97,1762.4K
75LDPCOHEN & STEERS LTD DURATIONCOM0.03%$96,7585.3K
76QQQINVESCO QQQ TRUNIT SER 10.03%$92,142225
77BACBANK AMER CORPCOM0.03%$90,2692.7K
78OMEROMEROS CORPCOM0.03%$87,63626.8K
79MTHMERITAGE HOMES CORPCOM0.03%$87,100500
80COINCOINBASE GLOBAL INCCOM CL A0.03%$86,960500
81JACKJACK IN THE BOX INCCOM0.03%$85,7121.1K
82TAT&T INCCOM0.03%$84,9785.1K
83AEPAMERICAN ELEC PWR CO INCCOM0.03%$81,2201.0K
84COPCONOCOPHILLIPSCOM0.03%$81,017698
85CCITIGROUP INCCOM NEW0.03%$79,7321.6K
86DHID R HORTON INCCOM0.03%$75,990500
87MSMORGAN STANLEYCOM NEW0.03%$72,042773
88SJMSMUCKER J M COCOM NEW0.02%$70,141555
89EQBKEQUITY BANCSHARES INCCOM CL A0.02%$69,2412.0K
90WFCWELLS FARGO CO NEWCOM0.02%$68,9081.4K
91TXTTEXTRON INCCOM0.02%$66,105822
92ICEINTERCONTINENTAL EXCHANGE INCOM0.02%$64,215500
93BACBK OF AMERICA CORP7.25%CNV PFD L0.02%$60,26450
94MCDMCDONALDS CORPCOM0.02%$59,302200
95STLDSTEEL DYNAMICS INCCOM0.02%$59,050500
96GENERAL ELECTRIC COCOM NEW0.02%$55,774437
97BKHBLACK HILLS CORPCOM0.02%$53,9501.0K
98MLABMESA LABS INCCOM0.02%$52,385500
99TRNTRINITY INDS INCCOM0.02%$51,8511.9K
100PEPPEPSICO INCCOM0.02%$50,952300

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$349M278Apr 29, 202613F-HRchanges · EDGAR ↗
Q4 2025$347M293Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$343M277Oct 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$329M268Jul 22, 202513F-HRchanges · EDGAR ↗
Q1 2025$324M269May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$337M281Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$329M285Nov 1, 202413F-HRchanges · EDGAR ↗
Q2 2024$299M290Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$315M307Apr 26, 202413F-HRchanges · EDGAR ↗
Q4 2023$286M298Jan 24, 202413F-HRchanges · EDGAR ↗
Q3 2023$205M292Oct 31, 202313F-HRchanges · EDGAR ↗
Q2 2023Under review294Jul 27, 202313F-HRchanges · EDGAR ↗
Q1 2023$188M294Apr 19, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review303Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$77M320Oct 17, 202213F-HRchanges · EDGAR ↗
Q2 2022$81M304Jul 26, 202213F-HRchanges · EDGAR ↗
Q1 2022$90M310Apr 27, 202213F-HRchanges · EDGAR ↗
Q4 2021$88M312Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$82M306Oct 26, 202113F-HRchanges · EDGAR ↗
Q2 2021$80M302Jul 22, 202113F-HRchanges · EDGAR ↗
Q1 2021$70M298Apr 27, 202113F-HRchanges · EDGAR ↗
Q4 2020$60M299Jan 22, 202113F-HRchanges · EDGAR ↗
Q3 2020$52M310Oct 21, 202013F-HRchanges · EDGAR ↗
Q2 2020$40M288Jul 27, 202013F-HRchanges · EDGAR ↗
Q1 2020$36M275Apr 29, 202013F-HRchanges · EDGAR ↗
Q4 2019$31M264Jan 31, 202013F-HRchanges · EDGAR ↗
Q3 2019$30M267Oct 25, 201913F-HRchanges · EDGAR ↗
Q2 2019$29M273Jul 26, 201913F-HRchanges · EDGAR ↗
Q1 2019$28M266Apr 25, 201913F-HRchanges · EDGAR ↗
Q4 2018$26M271Jan 22, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Paralel Advisors LLC

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 ↗.