SEC 13F Intelligence

Managers / Q3 2020 · view latest →

Tillar-Wenstrup Advisors, LLC

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

Reported Value
$172M
Q3 2020
Positions
35
Filings on Record
22
2019–present window
Filed
Oct 21, 2020
original filing

Summary

Tillar-Wenstrup Advisors, LLC reported $172M in U.S.-listed holdings across 35 positions for Q3 2020.

Its largest position, VUG, represents 11.3% of the portfolio.

Compared with Q2 2020, the fund opened 2 new positions and exited 0.

Portfolio Metrics

Turnover
+4.6%
vs prior filed quarter
Top-10 Concentration
+66.0%
share of reported value
Largest Position
+11.3%
Vanguard Growth

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: 85.1%Other: 9.3%Common Stock: 5.6%
  • ETP · 85.1% · $147M
  • Other · 9.3% · $16M
  • Common Stock · 5.6% · $10M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR Gold MiniSharesNEW+114.5K114.5K+$2M$2M
iBonds Dec 2022 CorpNEW+80.5K80.5K+$2M$2M
AAPLApple Inc.ADDED+5.5K6.7K+$344,000$776,000
CINFCincinnati FinancialADDED+17.2K23.6K+$1M$2M
AMZNAmazon.comADDED+89204+$325,000$642,000
iBonds Dec 2021 CorpADDED+35.9K97.8K+$893,000$2M
MSFTMicrosoftADDED+1.1K3.3K+$254,000$701,000
MTUMiShares MSCI USA MomentumTRIMMED−45.2K45.1K−$5M$7M

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

Holdings — Q3 2020

35 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VUGVanguard Growthhistory →COM11.33%$20M85.9K
2QUALiShares MSCI USA Qualityhistory →COM10.02%$17M166.5K
3USMViShares MSCI USA Min Volhistory →COM6.78%$12M183.3K
4FLRNSPDR Floating Rate Bondhistory →COM6.13%$11M345.7K
5VTVVanguard Valuehistory →COM6.03%$10M99.5K
6DGROiShares Core Dividend Growthhistory →COM5.51%$10M238.8K
7iBonds Dec 2020 CorpCOM5.36%$9M366.5K
8VOVanguard Mid-Caphistory →COM5.36%$9M52.5K
9SPDR Portfolio Total Stock MarketCOM5.20%$9M219.2K
10FLOTiShares Floating Rate Bondhistory →COM4.24%$7M144.2K
11VEUVanguard FTSE All-World ex-UShistory →COM4.18%$7M142.7K
12VBVanguard Small-Cap ETFhistory →COM4.06%$7M45.5K
13MTUMiShares MSCI USA Momentumhistory →COM3.85%$7M45.1K
14ESGDiShares ESG MSCI EAFEhistory →COM3.72%$6M101.1K
15VMBSVanguard Mortgage-Backed Securitieshistory →COM2.41%$4M76.6K
16VCSHVanguard Short-Term Corporate Bondhistory →COM2.09%$4M43.5K
17ACWViShares MSCI Min Vol Globalhistory →COM1.94%$3M36.3K
18BANDBandwidth Inc.history →COM1.89%$3M18.7K
19iBonds Dec 2021 CorpCOM1.42%$2M97.8K
20WisdomTree Bloomberg Floating Rate TreasuryCOM1.35%$2M92.8K
21SPDR Gold MiniSharesCOM1.25%$2M114.5K
22iBonds Dec 2022 CorpCOM1.20%$2M80.5K
23CINFCincinnati Financialhistory →COM1.07%$2M23.6K
24AFGAmerican Financial Group Inc.COM0.58%$993,00014.8K
25AAPLApple Inc.COM0.45%$776,0006.7K
26MSFTMicrosoftCOM0.41%$701,0003.3K
27RTXRaytheon TechnologiesCOM0.40%$682,00011.9K
28AMZNAmazon.comCOM0.37%$642,000204
29IQLTiShares MSCI International QualityCOM0.29%$504,00016.1K
30CSXCSX CorporationCOM0.26%$450,0005.8K
31IMTMiShares MSCI International MomentumCOM0.23%$405,00011.9K
32OEFiShares S&P 100 IndexCOM0.21%$366,0002.4K
33PGProcter & GambleCOM0.16%$271,0001.9K
34GSIEGoldman Sachs ActiveBeta International EquityCOM0.15%$254,0009.0K
35PRFInvesco FTSE RAFI US 1000COM0.12%$211,0001.9K

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 ↗.