Managers / Q1 2023 · view latest →
Financial Designs Corp
CIK 0001561383 · 540 W BASELINE RD STE 10, CLAREMONT, CA, 91711-1612 · 9096261642
Summary
Financial Designs Corp reported $134M in U.S.-listed holdings across 14 positions for Q1 2023.
Its largest position, LSAT, represents 19.1% of the portfolio.
Portfolio Metrics
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
Portfolio Composition
- ETP · 89.8% · $120M
- Other · 10.2% · $14M
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| LSATTWO RDS SHARED TR | NEW | +804.5K | 804.5K | +$26M | $26M |
| LSAFTWO RDS SHARED TR | NEW | +795.2K | 795.2K | +$24M | $24M |
| SQEWTWO RDS SHARED TR | NEW | +669.4K | 669.4K | +$19M | $19M |
| TWO RDS SHARED TR | NEW | +455.2K | 455.2K | +$14M | $14M |
| DYLDTWO RDS SHARED TR | NEW | +574.2K | 574.2K | +$13M | $13M |
| ISHARES TR | NEW | +95.3K | 95.3K | +$10M | $10M |
| VANGUARD TAX-MANAGED FDS | NEW | +113.7K | 113.7K | +$5M | $5M |
| VANGUARD INDEX FDS | NEW | +13.5K | 13.5K | +$5M | $5M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | LSATTWO RDS SHARED TR | LEASERSHS ALPHAF · LDRSHS ALPFACT · LEADERSHARES EQT · LEADERSHS ACTIVI · LEADERSHARES DY | 71.47% | $96M | 3.30M |
| 2 | ISHARES TR | IBOXX INV CP ETF | 7.80% | $10M | 95.3K |
| 3 | VANGUARD INDEX FDS | S&P 500 ETF SHS · MCAP GR IDXVIP | 7.13% | $10M | 36.5K |
| 4 | SCHWAB STRATEGIC TR | US AGGREGATE B · US BRD MKT ETF | 6.46% | $9M | 182.9K |
| 5 | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 3.84% | $5M | 113.7K |
| 6 | SPDR SER TR | PORTFOLIO LN TSR | 2.95% | $4M | 127.8K |
| 7 | SLVISHARES SILVER TR | ISHARES | 0.20% | $269,289 | 12.2K |
| 8 | ABRDN GOLD ETF TRUST | PHYSCL GOLD SHS | 0.16% | $208,230 | 11.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $180M | 40 | Apr 16, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $177M | 23 | Jan 23, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $173M | 22 | Nov 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $163M | 35 | Jul 17, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $144M | 20 | Apr 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $152M | 20 | Jan 21, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $155M | 20 | Oct 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $145M | 19 | Jul 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $152M | 18 | Apr 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $122M | 9 | Jan 19, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $133M | 27 | Oct 31, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $137M | 14 | Jul 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $134M | 14 | Apr 27, 2023 | 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 ↗.