Managers / Q2 2023 · view latest →
Financial Designs Corp
CIK 0001561383 · 540 W BASELINE RD STE 10, CLAREMONT, CA, 91711-1612 · 9096261642
Summary
Financial Designs Corp reported $137M in U.S.-listed holdings across 14 positions for Q2 2023.
Its largest position, LSAT, represents 19.2% of the portfolio.
The book was largely unchanged from Q1 2023.
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% · $123M
- Other · 10.2% · $14M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | ADDED | +43.3K | 123.2K | +$3M | $6M |
| SLVISHARES SILVER TR | ADDED | +2.4K | 14.6K | +$35,538 | $304,827 |
| VANGUARD INDEX FDS | TRIMMED | −840 | 12.7K | +$79,608 | $5M |
| VANGUARD INDEX FDS | HELD | −1.1K | 21.8K | +$18,660 | $4M |
| VANGUARD TAX-MANAGED FDS | HELD | −4.2K | 109.6K | −$76,850 | $5M |
| TWO RDS SHARED TR | HELD | −14.8K | 440.4K | +$312,581 | $14M |
| LSAFTWO RDS SHARED TR | HELD | −23.3K | 771.9K | +$328,830 | $25M |
| SCHWAB STRATEGIC TR | HELD | −2.7K | 100.3K | −$200,420 | $5M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | LSATTWO RDS SHARED TR | LEASERSHS ALPHAF · LDRSHS ALPFACT · LEADERSHARES EQT · LEADERSHS ACTIVI · LEADERSHARES DY | 70.75% | $97M | 3.22M |
| 2 | SCHWAB STRATEGIC TR | US BRD MKT ETF · US AGGREGATE B | 8.03% | $11M | 223.6K |
| 3 | ISHARES TR | IBOXX INV CP ETF | 7.38% | $10M | 93.5K |
| 4 | VANGUARD INDEX FDS | S&P 500 ETF SHS · MCAP GR IDXVIP | 7.05% | $10M | 34.5K |
| 5 | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 3.70% | $5M | 109.6K |
| 6 | SPDR SER TR | PORTFOLIO LN TSR | 2.72% | $4M | 124.7K |
| 7 | SLVISHARES SILVER TR | ISHARES | 0.22% | $304,827 | 14.6K |
| 8 | ABRDN GOLD ETF TRUST | PHYSCL GOLD SHS | 0.15% | $202,713 | 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 ↗.