SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Ground Swell Capital, LLC

CIK 0001534450 · 105 WEST HURON AVENUE, SUITE 205, FOLLY BEACH, SC, 29439 · (843) 588-5169

Reported Value
$61M
Q3 2023
Positions
76
Filings on Record
23
2019–present window
Filed
Nov 13, 2023
original filing

Summary

Ground Swell Capital, LLC reported $61M in U.S.-listed holdings across 76 positions for Q3 2023.

The portfolio is heavily concentrated: TLT alone accounts for 64.3% of reported value.

Compared with Q2 2023, the fund opened 67 new positions and exited 50.

Portfolio Metrics

Turnover
+55.3%
vs prior filed quarter
Top-10 Concentration
+79.1%
share of reported value
Largest Position
+64.3%
Ishares Tr
New / Exited
67 / 50
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: $26MQ4 ’20Q1 ’21: $31MQ2 ’21: $21MQ3 ’21: $23MQ3 ’21Q4 ’21: $17MQ1 ’22: $39MQ2 ’22: $55MQ2 ’22Q3 ’22: $35MQ4 ’22: $23MQ1 ’23: $60MQ1 ’23Q2 ’23: $82MQ3 ’23: $61MQ4 ’23: $27MQ4 ’23Q1 ’24: $110MQ2 ’24: $129MQ3 ’24: $114MQ3 ’24Q4 ’24: $66MQ1 ’25: $46MQ2 ’25: $63MQ2 ’25Q3 ’25: $46MQ4 ’25: $49MQ1 ’26: $51MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 71.5%Common Stock: 27.0%Other: 0.9%REIT: 0.5%
  • ETP · 71.5% · $44M
  • Common Stock · 27.0% · $16M
  • Other · 0.9% · $565,652
  • REIT · 0.5% · $325,516

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NVDANVIDIA CORPORATIONNEW+4.1K4.1K+$2M$2M
TXNTEXAS INSTRS INCNEW+9.4K9.4K+$1M$1M
PEPPEPSICO INCNEW+6.9K6.9K+$1M$1M
ADPAUTOMATIC DATA PROCESSING INNEW+3.5K3.5K+$831,926$831,926
TMUST-MOBILE US INCNEW+5.8K5.8K+$810,890$810,890
IYRISHARES TRNEW+10.1K10.1K+$792,105$792,105
VNQVANGUARD INDEX FDSNEW+8.5K8.5K+$640,992$640,992
ADBEADOBE INCNEW+1.2K1.2K+$616,979$616,979

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

Holdings — Q3 2023

68 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TLTISHARES TR20 YR TR BD ETF · U.S. REAL ES ETF · TIPS BD ETF · JPMORGAN USD EMG · 10-20 YR TRS ETF · CORE S&P MCP ETF64.27%$39M441.4K
2NVDANVIDIA CORPORATIONhistory →COM2.93%$2M4.1K
3TXNTEXAS INSTRS INChistory →COM2.46%$1M9.4K
4PEPPEPSICO INChistory →COM1.91%$1M6.9K
5VNQVANGUARD INDEX FDSREAL ESTATE ETF · TOTAL STK MKT1.49%$912,0279.7K
6ADPAUTOMATIC DATA PROCESSING INhistory →COM1.36%$831,9263.5K
7TMUST-MOBILE US INChistory →COM1.33%$810,8905.8K
8IEMGISHARES INCCORE MSCI EMKT · MSCI BRAZIL ETF1.17%$711,61817.4K
9CEGCONSTELLATION ENERGY CORPhistory →COM1.14%$695,0586.4K
10ADBEADOBE INChistory →COM1.01%$616,9791.2K
11ADIANALOG DEVICES INCCOM0.86%$526,8463.0K
12ORLYOREILLY AUTOMOTIVE INCCOM0.86%$526,230579
13MCHPMICROCHIP TECHNOLOGY INC.COM0.74%$452,9245.8K
14PANWPALO ALTO NETWORKS INCCOM0.71%$434,8861.9K
15RIVNRIVIAN AUTOMOTIVE INCCOM CL A0.70%$427,18217.6K
16TRMBTRIMBLE INCCOM0.67%$406,4287.5K
17ODFLOLD DOMINION FREIGHT LINE INCOM0.61%$374,363915
18MDLZMONDELEZ INTL INCCL A0.60%$366,0855.3K
19BKRBAKER HUGHES COMPANYCL A0.55%$334,3049.5K
20TROWPRICE T ROWE GROUP INCCOM0.54%$329,1873.1K
21ACGLARCH CAP GROUP LTDORD0.54%$328,8834.1K
22SNPSSYNOPSYS INCCOM0.50%$302,920660
23SPDR INDEX SHS FDSPORTFOLIO EMG MK0.48%$294,6448.8K
24MKLMARKEL GROUP INCCOM0.47%$285,663194
25TTDTHE TRADE DESK INCCOM CL A0.44%$270,2433.5K
26TPLTEXAS PACIFIC LAND CORPORATICOM0.44%$269,887148
27GILDGILEAD SCIENCES INCCOM0.43%$265,2133.5K
28AMDADVANCED MICRO DEVICES INCCOM0.43%$262,4992.6K
29DBX ETF TRXTRACK MSCI CHIN0.41%$252,04512.8K
30CASYCASEYS GEN STORES INCCOM0.41%$248,712916
31RSPINVESCO EXCHANGE TRADED FD TS&P500 EQL WGT0.40%$245,5491.7K
32SCHFSCHWAB STRATEGIC TRINTL EQTY ETF0.40%$242,3057.1K
33IQVIQVIA HLDGS INCCOM0.40%$241,4121.2K
34SLYGSPDR SER TRS&P 600 SMCP GRW0.39%$240,3993.3K
35SNXTD SYNNEX CORPORATIONCOM0.39%$240,0632.4K
36IBMINTERNATIONAL BUSINESS MACHSCOM0.39%$238,6501.7K
37SPOTSPOTIFY TECHNOLOGY S ASHS0.38%$229,7951.5K
38TTWOTAKE-TWO INTERACTIVE SOFTWARCOM0.37%$223,9221.6K
39ASMLASML HOLDING N VN Y REGISTRY SHS0.36%$220,748375
40FICOFAIR ISAAC CORPCOM0.36%$219,738253
41OKEONEOK INC NEWCOM0.36%$219,0873.5K
42GCTGIGACLOUD TECHNOLOGY INCCLASS A ORD0.36%$219,01724.9K
43NATIONAL INSTRS CORPCOM0.35%$213,3203.6K
44AMZNAMAZON COM INCCOM0.34%$207,8411.6K
45AMTAMERICAN TOWER CORP NEWCOM0.34%$207,3711.3K
46GNLGLOBAL NET LEASE INCCOM NEW0.19%$118,14512.3K
47SIYATA MOBILE INCCOM0.19%$113,55840.4K
48AEGON N VNY REGISTRY SHS0.12%$73,21015.3K
49MERCURITY FINTECH HOLDING INORDINARY SHARES0.07%$39,77328.4K
50REALTHE REALREAL INCCOM0.05%$32,64215.5K
51APLTAPPLIED THERAPEUTICS INCCOM0.05%$30,74912.3K
52ZTEKZENTEK LTDCOM0.05%$27,47721.8K
53HYZON MOTORS INCCOM CL A0.03%$19,75615.8K
54PRESIDIO PPTY TR INCCOM CL A0.03%$19,65124.7K
55NAKNORTHERN DYNASTY MINERALS LTCOM NEW0.03%$18,43056.7K
56MOXIAN BVI INCORDINARY SHARES0.03%$15,71017.3K
57SENSTAR TECHNOLOGIES LTDORD0.02%$15,09513.6K
58RNXTRENOVORX INCCOM NEW0.02%$14,46611.5K
59CTMXCYTOMX THERAPEUTICS INCCOM0.02%$14,14611.0K
60WISA TECHNOLOGIES INCCOM NEW0.02%$13,18222.0K
61FSD PHARMA INCCL B SUB VTG0.02%$13,02010.8K
62SADOT GROUP INCCOM0.02%$12,80818.3K
63EXICURE INCCOM NEW0.02%$11,65816.2K
64KSCPKNIGHTSCOPE INCCLASS A COM0.01%$8,62610.9K
65VOLITIONRX LTDCOM0.01%$7,32010.6K
66MULTIMETAVERSE HOLDINGS LTD*W EXP 01/04/2020.01%$4,374145.8K
67AGEAGLE AERIAL SYS INC NEWCOM0.01%$3,07918.3K
68HYCROFT MINING HOLDING CORP*W EXP 05/29/2020.01%$3,062162.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$51M122Apr 21, 202613F-HRchanges · EDGAR ↗
Q4 2025$49M87Feb 4, 202613F-HRchanges · EDGAR ↗
Q3 2025$46M131Nov 6, 202513F-HRchanges · EDGAR ↗
Q2 2025$63M141Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$46M155May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$66M147Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$114M155Oct 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$129M173Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$110M73May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$27M68Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$61M76Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023REVEALED$82M115Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$60M55May 8, 202313F-HRchanges · EDGAR ↗
Q4 2022$23M77Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$35M95Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$55M139Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$39M67May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$17M68Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$23M66Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$21M82Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$31M98Apr 30, 202113F-HRchanges · EDGAR ↗
Q4 2020$26M64Jan 29, 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 ↗.