Managers / Q4 2023 · view latest →
Ground Swell Capital, LLC
CIK 0001534450 · 105 WEST HURON AVENUE, SUITE 205, FOLLY BEACH, SC, 29439 · (843) 588-5169
Reported Value
$27M
Q4 2023
Positions
68
Filings on Record
23
2019–present window
Filed
Feb 13, 2024
original filing
Summary
Ground Swell Capital, LLC reported $27M in U.S.-listed holdings across 68 positions for Q4 2023.
The portfolio is heavily concentrated: TLT alone accounts for 45.1% of reported value.
Compared with Q3 2023, the fund opened 58 new positions and exited 65.
Portfolio Metrics
Turnover
+35.5%
vs prior filed quarter
Top-10 Concentration
+73.9%
share of reported value
Largest Position
+45.1%
Ishares Tr
New / Exited
58 / 65
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
Portfolio Composition
By security type
- ETP · 57.5% · $16M
- Common Stock · 40.3% · $11M
- Other · 2.0% · $545,946
- ADR · 0.2% · $67,541
Quarter-over-Quarter Changes full breakdown →
vs Q3 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | NEW | +19.5K | 19.5K | +$2M | $2M |
| MSFTMICROSOFT CORP | NEW | +3.2K | 3.2K | +$1M | $1M |
| TQQQPROSHARES TR | NEW | +23.7K | 23.7K | +$1M | $1M |
| IWOISHARES TR | NEW | +3.5K | 3.5K | +$888,067 | $888,067 |
| GOOGLALPHABET INC | NEW | +6.2K | 6.2K | +$860,211 | $860,211 |
| HONHONEYWELL INTL INC | NEW | +3.5K | 3.5K | +$735,663 | $735,663 |
| QCOMQUALCOMM INC | NEW | +3.8K | 3.8K | +$554,945 | $554,945 |
| METAMETA PLATFORMS INC | NEW | +1.5K | 1.5K | +$515,720 | $515,720 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2023
63 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | TLTISHARES TR | 20 YR TR BD ETF · IBOXX HI YD ETF · RUS 2000 GRW ETF · MSCI KOKUSAI ETF | 45.09% | $12M | 122.8K |
| 2 | VTIVANGUARD INDEX FDS | TOTAL STK MKT · LARGE CAP ETF | 4.49% | $1M | 5.3K |
| 3 | MSFTMICROSOFT CORPhistory → | COM | 4.48% | $1M | 3.2K |
| 4 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 4.46% | $1M | 8.7K |
| 5 | TQQQPROSHARES TRhistory → | ULTRAPRO QQQ | 4.42% | $1M | 23.7K |
| 6 | HONHONEYWELL INTL INChistory → | COM | 2.71% | $735,663 | 3.5K |
| 7 | PEPPEPSICO INChistory → | COM | 2.45% | $666,792 | 3.9K |
| 8 | QCOMQUALCOMM INChistory → | COM | 2.04% | $554,945 | 3.8K |
| 9 | METAMETA PLATFORMS INChistory → | CL A | 1.90% | $515,720 | 1.5K |
| 10 | MRNAMODERNA INChistory → | COM | 1.81% | $491,681 | 4.9K |
| 11 | ETF MANAGERS TR | PRIME CYBR SCRTY | 1.65% | $448,061 | 7.4K |
| 12 | TXNTEXAS INSTRS INChistory → | COM | 1.49% | $404,672 | 2.4K |
| 13 | AAPLAPPLE INChistory → | COM | 1.43% | $389,488 | 2.0K |
| 14 | CTASCINTAS CORPhistory → | COM | 1.39% | $376,663 | 625 |
| 15 | NVDANVIDIA CORPORATIONhistory → | COM | 1.38% | $373,891 | 755 |
| 16 | DBX ETF TR | XTRACK MSCI CHIN | 1.32% | $360,112 | 19.6K |
| 17 | BACBANK AMERICA CORPhistory → | 7.25%CNV PFD L | 1.29% | $350,736 | 291 |
| 18 | KLACKLA CORPhistory → | COM NEW | 1.19% | $322,622 | 555 |
| 19 | INTUINTUIThistory → | COM | 1.09% | $296,264 | 474 |
| 20 | MUSTCOLUMBIA ETF TR Ihistory → | MULTI SEC MUNI | 1.05% | $285,397 | 13.7K |
| 21 | LULULULULEMON ATHLETICA INC | COM | 0.99% | $270,472 | 529 |
| 22 | ROPROPER TECHNOLOGIES INC | COM | 0.97% | $264,407 | 485 |
| 23 | HOLOGIC INC | COM | 0.94% | $255,362 | 3.6K |
| 24 | GFSGLOBALFOUNDRIES INC | ORDINARY SHARES | 0.93% | $251,914 | 4.2K |
| 25 | NOVTNOVANTA INC | COM | 0.87% | $237,627 | 1.4K |
| 26 | HESHESS CORP | COM | 0.87% | $235,846 | 1.6K |
| 27 | RUSHARUSH ENTERPRISES INC | CL A | 0.83% | $225,042 | 4.5K |
| 28 | EGEVEREST GROUP LTD | COM | 0.80% | $218,159 | 617 |
| 29 | NXPINXP SEMICONDUCTORS N V | COM | 0.79% | $214,062 | 932 |
| 30 | TSLATESLA INC | COM | 0.77% | $209,220 | 842 |
| 31 | FMDEFIDELITY COVINGTON TRUST | ENHANCED MID | 0.77% | $208,709 | 7.6K |
| 32 | CPBCAMPBELL SOUP CO | COM | 0.74% | $200,760 | 4.6K |
| 33 | VNDAVANDA PHARMACEUTICALS INC | COM | 0.56% | $152,435 | 36.1K |
| 34 | ZOMDFZOMEDICA CORP | COM | 0.20% | $54,940 | 274.4K |
| 35 | XNETXUNLEI LTD | SPONSORED ADR | 0.20% | $54,111 | 33.4K |
| 36 | NATNORDIC AMERICAN TANKERS LIMI | COM | 0.20% | $53,710 | 12.8K |
| 37 | CITIUS PHARMACEUTICALS INC | COM NEW | 0.13% | $35,962 | 47.5K |
| 38 | GOLDEN MATRIX GROUP INC | COM | 0.10% | $28,170 | 11.7K |
| 39 | EUDA HEALTH HOLDINGS LTD | ORD SHS | 0.10% | $26,332 | 18.4K |
| 40 | EXFYEXPENSIFY INC | COM CL A | 0.10% | $26,226 | 10.6K |
| 41 | PLUS THERAPEUTICS INC | COM | 0.09% | $25,602 | 14.3K |
| 42 | CEINCAMBER ENERGY INC | COM | 0.09% | $24,500 | 107.3K |
| 43 | US GOLDMINING INC | *W EXP 99/99/999 | 0.07% | $19,962 | 10.0K |
| 44 | KRONOS BIO INC | COM | 0.07% | $19,075 | 15.3K |
| 45 | DNAGINKGO BIOWORKS HOLDINGS INC | CL A SHS | 0.07% | $18,666 | 11.0K |
| 46 | LPTHLIGHTPATH TECHNOLOGIES INC | COM CL A | 0.06% | $17,253 | 13.7K |
| 47 | VERTICAL AEROSPACE LTD | ORD SHS | 0.06% | $17,059 | 24.8K |
| 48 | 111 INC | ADS | 0.06% | $16,425 | 10.6K |
| 49 | HYZON MOTORS INC | COM CL A | 0.06% | $15,247 | 17.0K |
| 50 | RELIANCE GLOBAL GROUP INC | COM | 0.05% | $14,263 | 26.6K |
| 51 | ZTEKZENTEK LTD | COM | 0.05% | $14,081 | 13.3K |
| 52 | AACGATA CREATIVITY GLOBAL | SPONSORED ADS | 0.05% | $13,430 | 11.6K |
| 53 | SPI ENERGY CO LTD | SHS NEW | 0.04% | $10,280 | 13.1K |
| 54 | HEARTCORE ENTERPRISES INC | COM | 0.04% | $9,881 | 15.5K |
| 55 | QUANTUM CORP | COM NEW | 0.03% | $8,176 | 23.4K |
| 56 | CASTOR MARITIME INC | SHS NEW | 0.03% | $6,943 | 16.3K |
| 57 | TRXTRX GOLD CORPORATION | COM | 0.02% | $4,993 | 13.1K |
| 58 | BETTER CHOICE CO INC | COM | 0.02% | $4,813 | 17.4K |
| 59 | HYCROFT MINING HOLDING CORP | *W EXP 05/29/202 | 0.02% | $4,229 | 162.0K |
| 60 | OPTTOCEAN PWR TECHNOLOGIES INC | COM NEW | 0.01% | $4,051 | 12.8K |
| 61 | MULTIMETAVERSE HOLDINGS LTD | *W EXP 01/04/202 | 0.01% | $2,935 | 146.0K |
| 62 | UAMYUNITED STATES ANTIMONY CORP | COM | 0.01% | $2,787 | 11.2K |
| 63 | AIRSPAN NETWORKS HOLDINGS IN | COM | 0.01% | $1,503 | 16.7K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $51M | 122 | Apr 21, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $49M | 87 | Feb 4, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $46M | 131 | Nov 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $63M | 141 | Jul 31, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $46M | 155 | May 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $66M | 147 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $114M | 155 | Oct 29, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $129M | 173 | Aug 7, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $110M | 73 | May 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $27M | 68 | Feb 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $61M | 76 | Nov 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023REVEALED | $82M | 115 | Aug 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $60M | 55 | May 8, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $23M | 77 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $35M | 95 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $55M | 139 | Aug 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $39M | 67 | May 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $17M | 68 | Feb 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $23M | 66 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $21M | 82 | Aug 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $31M | 98 | Apr 30, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $26M | 64 | Jan 29, 2021 | 13F-HR | changes · 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 ↗.