SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Tillar-Wenstrup Advisors, LLC

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

Reported Value
$205M
Q1 2021
Positions
35
Filings on Record
22
2019–present window
Filed
Apr 23, 2021
original filing

Summary

Tillar-Wenstrup Advisors, LLC reported $205M in U.S.-listed holdings across 35 positions for Q1 2021.

Its largest position, QUAL, represents 9.6% of the portfolio.

Compared with Q4 2020, the fund opened 3 new positions and exited 2.

Portfolio Metrics

Turnover
+8.9%
vs prior filed quarter
Top-10 Concentration
+59.8%
share of reported value
Largest Position
+9.6%
Ishares Msci USA Quality
New / Exited
3 / 2
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: 85.8%Other: 7.9%Common Stock: 6.3%
  • ETP · 85.8% · $176M
  • Other · 7.9% · $16M
  • Common Stock · 6.3% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HDViShares Core High DividendNEW+47.1K47.1K+$4M$4M
XSOEWisdomTree Emerging Markets ex SOENEW+94.1K94.1K+$4M$4M
GMEGameStop CorpNEW+2.4K2.4K+$461,000$461,000
USMViShares MSCI USA Min VolADDED+112.7K196.1K+$8M$14M
ACWViShares MSCI Min Vol GlobalSOLD OUT−36.7K0−$4M$0
iBonds Dec 2021 CorpSOLD OUT−8.0K0−$200,000$0
VUGVanguard GrowthTRIMMED−51.4K37.9K−$13M$10M
AFGAmerican Financial Group Inc.TRIMMED−6.8K6.2K−$432,000$703,000

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

Holdings — Q1 2021

35 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1QUALiShares MSCI USA Qualityhistory →COM9.61%$20M161.8K
2USMViShares MSCI USA Min Volhistory →COM6.62%$14M196.1K
3PRFInvesco FTSE RAFI US 1000history →COM6.41%$13M86.7K
4VTVVanguard Valuehistory →COM6.40%$13M99.9K
5DGROiShares Core Dividend Growthhistory →COM6.01%$12M255.1K
6VOVanguard Mid-Caphistory →COM5.51%$11M51.0K
7SPDR Portfolio Total Stock MarketCOM5.33%$11M222.0K
8VUGVanguard Growthhistory →COM4.75%$10M37.9K
9iBonds Dec 2024 CorpCOM4.69%$10M364.2K
10iBonds Dec 2023 CorpCOM4.47%$9M350.8K
11VEUVanguard FTSE All-World ex-UShistory →COM4.16%$9M140.5K
12VBVanguard Small-Cap ETFhistory →COM4.07%$8M38.9K
13ESGDiShares ESG MSCI EAFEhistory →COM3.89%$8M105.0K
14MTUMiShares MSCI USA Momentumhistory →COM3.53%$7M45.0K
15iBonds Dec 2022 CorpCOM3.41%$7M274.9K
16VMBSVanguard Mortgage-Backed Securitieshistory →COM3.32%$7M127.7K
17VCSHVanguard Short-Term Corporate Bondhistory →COM3.28%$7M81.6K
18FLRNSPDR Floating Rate Bondhistory →COM3.26%$7M218.4K
19HDViShares Core High Dividendhistory →COM2.18%$4M47.1K
20XSOEWisdomTree Emerging Markets ex SOEhistory →COM1.87%$4M94.1K
21CINFCincinnati Financialhistory →COM1.18%$2M23.6K
22BANDBandwidth Inc.COM0.96%$2M15.5K
23AMZNAmazon.comCOM0.93%$2M614
24AAPLApple Inc.COM0.61%$1M10.2K
25GOOGAlphabet Inc Cl CCOM0.59%$1M585
26MSFTMicrosoftCOM0.54%$1M4.7K
27BRK/BBerkshire Hathaway Cl BCOM0.54%$1M4.3K
28AFGAmerican Financial Group Inc.COM0.34%$703,0006.2K
29CSXCSX CorporationCOM0.27%$559,0005.8K
30IQLTiShares MSCI International QualityCOM0.26%$543,00014.9K
31IMTMiShares MSCI International MomentumCOM0.26%$539,00014.3K
32GMEGameStop CorpCOM0.22%$461,0002.4K
33OEFiShares S&P 100 IndexCOM0.20%$415,0002.3K
34GSIEGoldman Sachs ActiveBeta International EquityCOM0.16%$329,0009.9K
35PGProcter & GambleCOM0.15%$314,0002.3K

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 ↗.