SEC 13F Intelligence

Managers / Q1 2019 · view latest →

Tillar-Wenstrup Advisors, LLC

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

Reported Value
$174M
Q1 2019
Positions
43
Filings on Record
22
2019–present window
Filed
May 2, 2019
original filing

Summary

Tillar-Wenstrup Advisors, LLC reported $174M in U.S.-listed holdings across 43 positions for Q1 2019.

Its largest position, FLRN, represents 9.9% of the portfolio.

Compared with Q4 2018, the fund opened 2 new positions and exited 8.

Portfolio Metrics

Turnover
+11.1%
vs prior filed quarter
Top-10 Concentration
+57.2%
share of reported value
Largest Position
+9.9%
Spdr Floating Rate Bond
New / Exited
2 / 8
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
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: 67.3%Other: 19.4%Common Stock: 13.2%
  • ETP · 67.3% · $117M
  • Other · 19.4% · $34M
  • Common Stock · 13.2% · $23M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FLOTiShares Floating Rate BondNEW+129.0K129.0K+$7M$7M
BANDBandwidth Inc.NEW+22.8K22.8K+$2M$2M
FLRNSPDR Floating Rate BondADDED+547.1K559.0K+$17M$17M
VHTVanguard Health CareSOLD OUT−25.1K0−$4M$0
TCEHYTencent HoldingsSOLD OUT−46.6K0−$2M$0
Blackrock, Inc.SOLD OUT−4.4K0−$2M$0
TJXTJX Cos. Inc.SOLD OUT−38.5K0−$2M$0
UPSUnited Parcel ServiceSOLD OUT−15.1K0−$1M$0

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

Holdings — Q1 2019

43 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FLRNSPDR Floating Rate Bondhistory →COM9.86%$17M559.0K
2USMViShares MSCI USA Min Volhistory →COM7.67%$13M227.0K
3PRFInvesco FTSE RAFI US 1000history →COM5.92%$10M90.8K
4MTUMiShares MSCI USA Momentumhistory →COM5.65%$10M87.7K
5iBonds Dec 2020 CorpCOM5.25%$9M361.8K
6iBonds Dec 2021 CorpCOM4.91%$9M345.3K
7VTVVanguard Valuehistory →COM4.78%$8M77.2K
8QUALiShares MSCI USA Qualityhistory →COM4.56%$8M89.6K
9VLUEiShares MSCI USA Valuehistory →COM4.38%$8M95.4K
10iBonds Dec 2022 CorpCOM4.21%$7M294.4K
11iBonds Dec 2019 CorpCOM4.15%$7M290.1K
12FLOTiShares Floating Rate Bondhistory →COM3.77%$7M129.0K
13SHYiShares 1-3 Year Treasuryhistory →COM3.62%$6M74.9K
14ACWViShares MSCI Min Vol Globalhistory →COM2.25%$4M43.7K
15VOEVanguard Mid-Cap Valuehistory →COM2.22%$4M35.7K
16VOVanguard Mid-Caphistory →COM1.90%$3M20.6K
17VTIVanguard Total Stock Markethistory →COM1.81%$3M21.8K
18EFAViShares MSCI EAFE Min Volhistory →COM1.77%$3M42.9K
19Invesco FTSE RAFI US 1500 S/MCOM1.58%$3M21.6K
20VEUVanguard FTSE All-World ex-UShistory →COM1.35%$2M46.9K
21IXUSiShares Core MSCI Total Intlhistory →COM1.28%$2M38.2K
22IJRiShares Core S&P Small-Caphistory →COM1.25%$2M28.1K
23GOOGAlphabet Inc Cl Chistory →COM1.18%$2M1.8K
24PEPPepsicohistory →COM1.16%$2M16.4K
25JPMJP Morgan Chase & Cohistory →COM1.09%$2M18.8K
26VOYAVoya Financial Inc.history →COM1.08%$2M37.7K
27BRK/BBerkshire Hathaway Cl Bhistory →COM1.04%$2M9.0K
28LUVSouthwest Airlineshistory →COM1.03%$2M34.6K
29AAPLApple Inc.history →COM1.03%$2M9.4K
30AMZNAmazon.comhistory →COM1.03%$2M1.0K
31BKNGBooking Holdings, Inc.COM0.95%$2M943
32DALDelta Air LinesCOM0.94%$2M31.8K
33BANDBandwidth Inc.COM0.88%$2M22.8K
34CCitigroupCOM0.81%$1M22.7K
35iBonds Mar 2020 CorpCOM0.80%$1M53.5K
36SPMOInvesco S&P 500 MomentumCOM0.78%$1M34.4K
37ALKAlaska Air GroupCOM0.76%$1M23.7K
38Invesco FTSE RAFI Developed ex USCOM0.34%$584,00014.4K
39SMLFiShares MSCI Multifactor US SmallCOM0.33%$570,00014.2K
40CSXCSX CorporationCOM0.25%$438,0005.8K
41USMFWisdomTree U.S. MultifactorCOM0.15%$257,0008.9K
42IQLTiShares MSCI International QualityCOM0.14%$237,0008.1K
43iBonds Dec 2023 CorpCOM0.12%$208,0008.3K

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 ↗.