SEC 13F Intelligence

Managers / Q4 2018 · view latest →

Tillar-Wenstrup Advisors, LLC

CIK 0001585045 · 1065 E. CENTERVILLE STATION ROAD, CENTERVILLE, OH, 45459 · 937-428-9700

Reported Value
$152M
Q4 2018
Positions
49
Filings on Record
22
2019–present window
Filed
Jan 29, 2019
original filing

Summary

Tillar-Wenstrup Advisors, LLC reported $152M in U.S.-listed holdings across 49 positions for Q4 2018.

Its largest position, USMV, represents 7.8% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+51.6%
share of reported value
Largest Position
+7.8%
Ishares Msci USA Min Vol

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
Q4 ’18: $152MQ4 ’18Q1 ’19: $174MQ2 ’19: $178MQ3 ’19: $173MQ3 ’19Q4 ’19: $179MQ1 ’20: $108MQ2 ’20: $165MQ2 ’20Q3 ’20: $172MQ4 ’20: $193MQ1 ’21: $205MQ1 ’21Q2 ’21: $220MQ3 ’21: $216MQ4 ’21: $212MQ4 ’21Q1 ’22: $209MQ2 ’22: $200MQ3 ’22: $200MQ3 ’22Q1 ’23: $0Q2 ’23: $0Q3 ’23: $0Q3 ’23Q4 ’23: $0filingsflow.com

Portfolio Composition

By security type
ETP: 59.1%Other: 20.7%Common Stock: 19.0%ADR: 1.2%
  • ETP · 59.1% · $90M
  • Other · 20.7% · $31M
  • Common Stock · 19.0% · $29M
  • ADR · 1.2% · $2M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
USMViShares MSCI USA Min VolNEW+226.2K226.2K+$12M$12M
PRFInvesco FTSE RAFI US 1000NEW+91.9K91.9K+$9M$9M
iBonds Dec 2020 CorpNEW+341.8K341.8K+$9M$9M
VTVVanguard ValueNEW+81.1K81.1K+$8M$8M
iBonds Dec 2021 CorpNEW+305.2K305.2K+$7M$7M
iBonds Dec 2019 CorpNEW+293.1K293.1K+$7M$7M
VLUEiShares MSCI USA ValueNEW+95.5K95.5K+$7M$7M
QUALiShares MSCI USA QualityNEW+85.5K85.5K+$7M$7M

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

Holdings — Q4 2018

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1USMViShares MSCI USA Min Volhistory →COM7.80%$12M226.2K
2PRFInvesco FTSE RAFI US 1000history →COM6.15%$9M91.9K
3iBonds Dec 2020 CorpCOM5.62%$9M341.8K
4VTVVanguard Valuehistory →COM5.23%$8M81.1K
5iBonds Dec 2021 CorpCOM4.90%$7M305.2K
6iBonds Dec 2019 CorpCOM4.79%$7M293.1K
7VLUEiShares MSCI USA Valuehistory →COM4.56%$7M95.5K
8QUALiShares MSCI USA Qualityhistory →COM4.32%$7M85.5K
9iBonds Dec 2022 CorpCOM4.32%$7M271.5K
10MTUMiShares MSCI USA Momentumhistory →COM3.95%$6M59.8K
11SHYiShares 1-3 Year Treasuryhistory →COM3.46%$5M62.8K
12VHTVanguard Health Carehistory →COM2.66%$4M25.1K
13ACWViShares MSCI World Min Volhistory →COM2.39%$4M44.6K
14VOEVanguard Mid-Cap Valuehistory →COM2.35%$4M37.5K
15BRK/BBerkshire Hathaway Cl Bhistory →COM1.99%$3M14.8K
16IXUSiShares Core MSCI Total Intlhistory →COM1.94%$3M56.0K
17VOVanguard Mid-Caphistory →COM1.91%$3M21.0K
18VEUVanguard FTSE All-World ex-UShistory →COM1.90%$3M63.3K
19EFAViShares MSCI EAFE Min Volhistory →COM1.86%$3M42.5K
20VTIVanguard Total Stock Markethistory →COM1.83%$3M21.7K
21VOYAVoya Financial Inc.history →COM1.80%$3M68.1K
22Invesco FTSE RAFI US 1500 S/MCOM1.73%$3M23.1K
23SPMOInvesco S&P 500 Momentumhistory →COM1.64%$2M73.7K
24IJRiShares Core S&P Small-Caphistory →COM1.35%$2M29.7K
25PEPPepsicohistory →COM1.29%$2M17.7K
26JPMJP Morgan Chase & Cohistory →COM1.26%$2M19.5K
27GOOGAlphabet Inc Cl Chistory →COM1.25%$2M1.8K
28TCEHYTencent Holdingshistory →COM1.21%$2M46.6K
29ALKAlaska Air Grouphistory →COM1.18%$2M29.5K
30Blackrock, Inc.COM1.14%$2M4.4K
31TJXTJX Cos. Inc.history →COM1.13%$2M38.5K
32DALDelta Air Lineshistory →COM1.12%$2M34.1K
33LUVSouthwest Airlineshistory →COM1.07%$2M35.1K
34BKNGBooking Holdings, Inc.history →COM1.07%$2M945
35AMZNAmazon.comCOM0.99%$2M1.0K
36AAPLApple Inc.COM0.98%$1M9.4K
37UPSUnited Parcel ServiceCOM0.97%$1M15.1K
38CCitigroupCOM0.94%$1M27.5K
39iBonds Mar 2020 CorpCOM0.93%$1M54.5K
40AMGAffiliated Managers GroupCOM0.57%$869,0008.9K
41Invesco FTSE RAFI Developed ex USCOM0.35%$539,00014.4K
42DGROiShares Core Dividend GrowthCOM0.35%$527,00015.9K
43SMLFiShares MSCI Multifactor US SmallCOM0.33%$494,00013.8K
44Invesco DWA MomentumCOM0.32%$492,00010.2K
45IQLTiShares MSCI Interl Dev QualityCOM0.32%$491,00019.0K
46CSXCSX CorporationCOM0.24%$363,0005.8K
47FLRNSPDR Floating Rate BondCOM0.24%$360,00011.9K
48USMFWisdomTree U.S. MultifactorCOM0.16%$242,0009.3K
49iBonds Dec 2023 CorpCOM0.13%$201,0008.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2023$01Feb 14, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2023$01Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$01Aug 15, 202313F-HRchanges · EDGAR ↗
Q1 2023$01May 4, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review44Jan 24, 202313F-HRchanges · EDGAR ↗
Q3 2022$200M46Oct 25, 202213F-HRchanges · EDGAR ↗
Q2 2022$200M49Jul 22, 202213F-HRchanges · EDGAR ↗
Q1 2022$209M45Apr 22, 202213F-HRchanges · EDGAR ↗
Q4 2021$212M40Jan 28, 202213F-HRchanges · EDGAR ↗
Q3 2021$216M35Oct 25, 202113F-HRchanges · EDGAR ↗
Q2 2021$220M36Jul 23, 202113F-HRchanges · EDGAR ↗
Q1 2021$205M35Apr 23, 202113F-HRchanges · EDGAR ↗
Q4 2020$193M34Feb 2, 202113F-HRchanges · EDGAR ↗
Q3 2020$172M35Oct 21, 202013F-HRchanges · EDGAR ↗
Q2 2020$165M33Jul 31, 202013F-HRchanges · EDGAR ↗
Q1 2020$108M19Apr 23, 202013F-HRchanges · EDGAR ↗
Q4 2019$179M51Jan 24, 202013F-HRchanges · EDGAR ↗
Q3 2019$173M43Nov 15, 201913F-HRchanges · EDGAR ↗
Q2 2019$178M44Jul 29, 201913F-HRchanges · EDGAR ↗
Q1 2019$174M43May 2, 201913F-HRchanges · EDGAR ↗
Q4 2018$152M49Jan 29, 201913F-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 ↗.