Managers / Q4 2023 · view latest →
Crabel Capital Management, LLC
CIK 0001536557 · 1999 AVENUE OF THE STARS, SUITE 2060, LOS ANGELES, CA · 414.224.7510
Reported Value
$212M
Q4 2023
Positions
128
Filings on Record
29
2019–present window
Filed
Feb 13, 2024
original filing
Summary
Crabel Capital Management, LLC reported $212M in U.S.-listed holdings across 128 positions for Q4 2023.
The portfolio is heavily concentrated: AGG alone accounts for 37.7% of reported value.
Compared with Q3 2023, the fund opened 77 new positions and exited 21.
Portfolio Metrics
Turnover
+29.2%
vs prior filed quarter
Top-10 Concentration
+81.8%
share of reported value
Largest Position
+37.7%
Ishares Tr
New / Exited
77 / 21
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 · 86.5% · $184M
- Common Stock · 8.3% · $18M
- Other · 5.3% · $11M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| National Westn Life Group | NEW | +8.3K | 8.3K | +$4M | $4M |
| SPUSDSP Plus Corp | NEW | +78.1K | 78.1K | +$4M | $4M |
| MUBiShares Tr | NEW | +31.4K | 31.4K | +$3M | $3M |
| BNDXVanguard Charlotte FDS | NEW | +56.7K | 56.7K | +$3M | $3M |
| VTEBVanguard Mun Bd FDS | NEW | +38.8K | 38.8K | +$2M | $2M |
| HYDVaneck ETF Trust | NEW | +32.6K | 32.6K | +$2M | $2M |
| CWBSPDR Ser Tr | NEW | +22.6K | 22.6K | +$2M | $2M |
| GDXVaneck ETF Trust | NEW | +51.4K | 51.4K | +$2M | $2M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2023
42 positions (from 128 filing rows — )
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | AGGiShares Tr | Core US Aggbd Et · Tips BD ETF · JPMorgan USD Emg · Iboxx Inv Cp ETF · US Treas Bd ETF · Iboxx Hi Yd ETF · 7-10 Yr Treas Bd · 3-7 Yr Treas Bd · National Mun ETF · 20 Yr Tr Bd ETF · Pfd And Incm SEC · Short Treas Bd · MBS ETF · Fltg Rate Nt ETF · Blackrock Ultra · 0-5yr Hi Yl Cp · 1-3 Yr Treas Bd · Intrm Gov Cr ETF · Conv BD ETF · Broad USD High · MSCI USA Min Vol · iShares Semicdtr · U.S. Real Es ETF · 10-20 Yr Trs ETF · USD Inv Grde ETF · MSCI Intl Qualty · Core High Dv ETF · ESG Awr MSCI USA · MSCI Emg Mkt ETF · Modert Alloc ETF · Cur Hd Eurzn ETF · 10+ Yr Invst Grd · ESG Aw MSCI Eafe · A Rate CP Bd ETF · MSCI Brazil ETF · MSCI USA Mmentm · ESG Aware MSCI | 37.74% | $80M | 1.18M |
| 2 | VCSHVanguard Scottsdale FDS | Shrt Trm Corp BD · Int-Term Corp · Short Term Treas · Mtg-Bkd Secs ETF · Long Term Treas · Lg-Term Cor BD | 8.64% | $18M | 245.4K |
| 3 | SJNKSPDR Ser Tr | Bloomberg High Y · Bloomberg Sht TE · BBG Conv Sec ETF · Portfolio Agrgte · Nuveen Bloomberg · Nuveen Blmbrg Mu · Portfolio Short · Portfolio Ln TSR · Bloomberg Invt · S&P 400 MDCP Grw · S&P Homebuild · Portfolio S&P500 · Portfolio S&P400 · S&P 400 MDCP Val · S&P 600 SMCP Grw · Prtflo S&P500 ETF · S&P 600 SMCP Val · S&P Metals Mng | 8.37% | $18M | 407.6K |
| 4 | WTPIWisdomtree Tr | Putwrite Strat · Cloud Computng | 6.18% | $13M | 413.3K |
| 5 | BSVVanguard BD Index FDS | Short Trm Bond · Total Bnd Mrkt · Intermed Term · Long Term Bond | 5.68% | $12M | 160.2K |
| 6 | AMEDAmedisys Inchistory → | Com | 3.72% | $8M | 83.1K |
| 7 | EMLCVaneck ETF Trust | JP Mrgan Em Loc · High Yld Muni ETF · Gold Miners ETF · Junior Gold Mine · Fallen Angel HG · Mrgnstr Wde Moat | 3.65% | $8M | 229.6K |
| 8 | Sovos Brands, Inc. | Com | 3.44% | $7M | 331.9K |
| 9 | BKLNInvesco Exch Traded Fd Tr II | Sr Ln ETF · Emrng Mkt Svrg · Var Rate PFD · PFD ETF | 2.50% | $5M | 258.7K |
| 10 | National Westn Life Group | Cl A | 1.89% | $4M | 8.3K |
| 11 | SPUSDSP Plus Corphistory → | Com | 1.89% | $4M | 78.1K |
| 12 | NeoGames S.A. | Shs | 1.75% | $4M | 130.0K |
| 13 | MINTPimco ETF Tr | Enhan Shrt Ma Ac · Active Bd ETF · 0-5 High Yield | 1.56% | $3M | 34.1K |
| 14 | EWCiShares Inc. | MSCI CDA ETF · MSCI Jpn ETF New · MSCI Taiwan ETF · MSCI Sth Kor ETF · MSCI Switzerland · MSCI Netherl ETF | 1.54% | $3M | 68.4K |
| 15 | BNDXVanguard Charlotte FDShistory → | Total Int Bd ETF | 1.32% | $3M | 56.7K |
| 16 | VTEBVanguard Mun Bd FDS | Tax Exempt BD | 0.93% | $2M | 38.8K |
| 17 | FTSMFirst Tr Exchange-Traded Fd | First Tr Enh New · First Tr Ta Hiyl · Senior Ln Fd | 0.86% | $2M | 37.0K |
| 18 | VTIVanguard Index FDS | Total Stk Mkt · MCAP VL Idxvip | 0.83% | $2M | 8.5K |
| 19 | SCHZSchwab Strategic Tr | US Aggregate B · Sht Tm US Tres | 0.73% | $2M | 32.8K |
| 20 | VPLVanguard Intl Equity Index F | FTSE Pacific ETF · FTSE Europe ETF · Glb Ex US ETF | 0.70% | $1M | 24.5K |
| 21 | SRLNSSGA Active ETF Tr | Blackstone Senr | 0.64% | $1M | 32.4K |
| 22 | VWOBVanguard Whitehall Fds | Em Mk Gov Bd ETF · Intl Dvd ETF | 0.63% | $1M | 20.1K |
| 23 | XLUSelect Sector SPDR Tr | SBI Int-Utils | 0.62% | $1M | 20.8K |
| 24 | DBX ETF Tr | Xtrack USD High · Xtrack MSCI EAFE | 0.56% | $1M | 33.1K |
| 25 | VTIPVanguard Malvern FDS | Strm Infproidx | 0.52% | $1M | 23.1K |
| 26 | GSYInvesco Actively Managed ETF | Ultra Shrt Dur | 0.46% | $975,000 | 19.6K |
| 27 | NEARiShares US ETF Tr | Blackrock Sh Dur | 0.45% | $949,000 | 18.8K |
| 28 | JP Morgan Exchange Trade F | Betabuilders Dev · Betabuilders CDA | 0.33% | $698,000 | 13.2K |
| 29 | ADBEAdobe Inc | Com | 0.25% | $533,000 | 893 |
| 30 | FDVVFidelity Covington Trust | High Divid ETF | 0.17% | $359,000 | 8.5K |
| 31 | VSGXVanguard World Fd | ESG Intl Stk ETF | 0.15% | $323,000 | 5.8K |
| 32 | GSLCGoldman Sachs ETF Tr | Activebeta US Lg | 0.15% | $318,000 | 3.4K |
| 33 | BCIABRDN ETFS | BBRG All Comd K1 | 0.14% | $290,000 | 15.0K |
| 34 | HDHome Depot Inc | Com | 0.13% | $268,000 | 773 |
| 35 | VVisa Inc | Com CL A | 0.13% | $268,000 | 1.0K |
| 36 | DISDisney Walt Co | Com | 0.13% | $267,000 | 3.0K |
| 37 | WFCWells Fargo Co New | Com | 0.13% | $266,000 | 5.4K |
| 38 | PIDInvesco Exchange Traded Fd | Intl Divi Achi | 0.12% | $257,000 | 13.9K |
| 39 | TAILCambria ETF Tr | Tail Risk | 0.12% | $247,000 | 19.3K |
| 40 | NOBLProshares Tr | S&P 500 DV Arist | 0.10% | $222,000 | 2.3K |
| 41 | JETSETF Ser Solutions | US GLB Jets | 0.10% | $213,000 | 11.2K |
| 42 | ETF Managers Tr | Prime Junir Slvr | 0.07% | $146,000 | 14.6K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $11M | 18 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $132M | 48 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $112M | 53 | Nov 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $163M | 48 | Aug 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $93M | 44 | May 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $31M | 37 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $142M | 48 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $81M | 36 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $115M | 58 | May 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $212M | 128 | Feb 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $124M | 72 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $242M | 110 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $225M | 84 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $276M | 92 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $171M | 50 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $191M | 64 | Aug 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $323M | 105 | May 6, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $558M | 134 | Feb 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $325M | 109 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $486M | 120 | Aug 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $384M | 100 | May 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $415M | 81 | Feb 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $51M | 56 | Nov 6, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $23M | 32 | Aug 11, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $9M | 2 | May 7, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $259M | 187 | Feb 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $167M | 175 | Nov 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $178M | 84 | Aug 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $92M | 75 | May 14, 2019 | 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 ↗.