SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Smith Anglin Financial, LLC

CIK 0001553540 · 14755 PRESTON ROAD, SUITE 700, DALLAS, TX, 75254 · 972-267-1244

Reported Value
$871M
Q4 2023
Positions
185
Filings on Record
19
2019–present window
Filed
Jan 17, 2024
original filing

Summary

Smith Anglin Financial, LLC reported $871M in U.S.-listed holdings across 185 positions for Q4 2023.

Its largest position, Ishares Tr, represents 9.1% of the portfolio.

Compared with Q3 2023, the fund opened 21 new positions and exited 11.

Portfolio Metrics

Turnover
+30.6%
vs prior filed quarter
Top-10 Concentration
+60.7%
share of reported value
Largest Position
+9.1%
Ishares Tr
New / Exited
21 / 11
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. 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
Q2 ’21: $519MQ2 ’21Q3 ’21: $513MQ4 ’21: $586MQ1 ’22: $432MQ1 ’22Q2 ’22: $342MQ3 ’22: $475MQ4 ’22: $530MQ4 ’22Q1 ’23: $671MQ2 ’23: $824MQ3 ’23: $823MQ3 ’23Q4 ’23: $871MQ1 ’24: $969MQ2 ’24: $990MQ2 ’24Q3 ’24: $1.0BQ4 ’24: $1.1BQ1 ’25: $945MQ1 ’25Q2 ’25: $1.1Bfilingsflow.com

Portfolio Composition

By security type
ETP: 89.8%Common Stock: 10.0%Unit: 0.1%Other: 0.1%REIT: 0.1%Other: 0.0%
  • ETP · 89.8% · $782M
  • Common Stock · 10.0% · $87M
  • Unit · 0.1% · $611,671
  • Other · 0.1% · $542,207
  • REIT · 0.1% · $520,574
  • Other · 0.0% · $127,282

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INVESCO EXCHANGE TRADED FD TNEW+498.3K498.3K+$44M$44M
TLHISHARES TRNEW+403.0K403.0K+$44M$44M
SPDR SER TRNEW+957.7K957.7K+$28M$28M
PROSHARES TRNEW+63.7K63.7K+$7M$7M
INVESCO EXCHANGE TRADED FD TNEW+136.4K136.4K+$4M$4M
IBMINTERNATIONAL BUSINESS MACHSNEW+10.4K10.4K+$2M$2M
INVESCO EXCH TRADED FD TR IINEW+34.8K34.8K+$736,397$736,397
SELECT SECTOR SPDR TRNEW+5.9K5.9K+$424,483$424,483

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

Holdings — Q4 2023

29 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TLHISHARES TRS&P 500 GRWT ETF · CORE S&P500 ETF · S&P 500 VAL ETF · 10-20 YR TRS ETF · CORE DIV GRWTH · CORE S&P MCP ETF · S&P SML 600 GWT · MODERT ALLOC ETF · CORE US AGGBD ET · MSCI EAFE ETF · US AER DEF ETF · SP SMCP600VL ETF · SELECT DIVID ETF36.34%$317M2.86M
2CAMBRIA ETF TRSHSHLD YIELD ETF · EMRG SHAREHLDR · CAMBRIA FGN SHR11.40%$99M2.29M
3JOHN HANCOCK EXCHANGE TRADEDMULTIFACTOR MI7.19%$63M1.19M
4INVESCO EXCHANGE TRADED FD TS&P MDCP QUALITY · S&P500 EQL TEC · S&P500 EQL WGT6.05%$53M660.4K
5AMERICAN CENTY ETF TRUS EQT ETF4.59%$40M491.0K
6SPDR SER TRPORTFOLIO SH TSR · S&P 400 MDCP VAL3.38%$29M979.6K
7VANGUARD SCOTTSDALE FDSINT-TERM CORP · LG-TERM COR BD3.09%$27M332.0K
8VANGUARD SPECIALIZED FUNDSDIV APP ETF2.61%$23M133.7K
9AAPLAPPLE INChistory →COM2.43%$21M110.1K
10SPDR S&P 500 ETF TRTR UNIT2.14%$19M39.2K
11EA SERIES TRUSTFREEDOM 100 EM2.13%$19M563.6K
12VANECK ETF TRUSTMRNGSTR WDE MOAT1.99%$17M204.1K
13SCHWAB STRATEGIC TRUS LCAP GR ETF · US LCAP VA ETF · US DIVIDEND EQ · US LRG CAP ETF1.53%$13M187.4K
14MDYSPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP0.80%$7M13.8K
15PROSHARES TRSP500 EX FINLS0.75%$7M63.7K
16SPDR DOW JONES INDL AVERAGEUT SER 10.73%$6M16.8K
17AMZNAMAZON COM INCCOM0.72%$6M41.3K
18MSFTMICROSOFT CORPCOM0.55%$5M12.9K
19LUVSOUTHWEST AIRLS COCOM0.46%$4M139.4K
20ARK ETF TRINNOVATION ETF0.42%$4M70.0K
21NVDANVIDIA CORPORATIONCOM0.41%$4M7.2K
22NDQINVESCO QQQ TRUNIT SER 10.38%$3M8.2K
23BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.27%$2M6.6K
24METAMETA PLATFORMS INCCL A0.26%$2M6.5K
25EXMOCEXXON MOBIL CORPCOM0.25%$2M21.7K
26VANGUARD INDEX FDSSMALL CP ETF0.22%$2M8.8K
27TSLATESLA INCCOM0.21%$2M7.4K
28IBMINTERNATIONAL BUSINESS MACHSCOM0.19%$2M10.4K
29WMTWALMART INCCOM0.19%$2M10.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2025$1.1B209Jul 17, 202513F-HRchanges · EDGAR ↗
Q1 2025$945M214Apr 10, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.1B214Jan 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.0B208Oct 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$990M198Jul 11, 202413F-HRchanges · EDGAR ↗
Q1 2024$969M201Apr 24, 202413F-HRchanges · EDGAR ↗
Q4 2023$871M185Jan 17, 202413F-HRchanges · EDGAR ↗
Q3 2023$823M175Oct 11, 202313F-HRchanges · EDGAR ↗
Q2 2023$824M170Jul 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$671M167Apr 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$530M154Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$475M140Oct 24, 202213F-HRchanges · EDGAR ↗
Q2 2022$342M130Jul 25, 202213F-HRchanges · EDGAR ↗
Q1 2022$432M137May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$586M146Jan 31, 202213F-HRchanges · EDGAR ↗
Q3 2021$513M136Oct 20, 202113F-HRchanges · EDGAR ↗
Q2 2021$519M142Aug 10, 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 ↗.