SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Tillar-Wenstrup Advisors, LLC

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

Reported Value
$216M
Q3 2021
Positions
35
Filings on Record
22
2019–present window
Filed
Oct 25, 2021
original filing

Summary

Tillar-Wenstrup Advisors, LLC reported $216M in U.S.-listed holdings across 35 positions for Q3 2021.

Its largest position, USMV, represents 13.5% of the portfolio.

Compared with Q2 2021, the fund opened 2 new positions and exited 3.

Portfolio Metrics

Turnover
+9.9%
vs prior filed quarter
Top-10 Concentration
+64.3%
share of reported value
Largest Position
+13.5%
Ishares Msci USA Min Vol
New / Exited
2 / 3
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: 86.3%Other: 8.0%Common Stock: 5.7%
  • ETP · 86.3% · $187M
  • Other · 8.0% · $17M
  • Common Stock · 5.7% · $12M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EFAViShares MSCI EAFE Min VolNEW+35.6K35.6K+$3M$3M
QQQInvesco QQQ TrustNEW+838838+$300,000$300,000
GSIEGoldman Sachs ActiveBeta Intl EquityADDED+176.0K186.3K+$6M$6M
FLTRVanEck Floating RateADDED+101.4K154.6K+$3M$4M
HDViShares Core High DividendSOLD OUT−47.3K0−$5M$0
XSOEWisdomTree Emerging Mkts ex SOESOLD OUT−91.7K0−$4M$0
GMEGameStop CorpSOLD OUT−2.4K0−$513,000$0
VEUVanguard FTSE All-World ex-USTRIMMED−95.9K45.3K−$6M$3M

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

Holdings — Q3 2021

35 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1USMViShares MSCI USA Min Volhistory →COM13.52%$29M397.7K
2QUALiShares MSCI USA Qualityhistory →COM10.61%$23M174.1K
3PRFInvesco FTSE RAFI US 1000history →COM6.33%$14M86.4K
4VTVVanguard Valuehistory →COM5.87%$13M93.8K
5MTUMiShares MSCI USA Momentumhistory →COM5.62%$12M69.2K
6VOVanguard Mid-Caphistory →COM5.38%$12M49.1K
7iBonds Dec 2024 CorpCOM4.73%$10M388.9K
8iBonds Dec 2023 CorpCOM4.59%$10M382.0K
9VBVanguard Small-Cap ETFhistory →COM3.88%$8M38.4K
10ESGDiShares ESG MSCI EAFEhistory →COM3.79%$8M104.5K
11FLRNSPDR Floating Ratehistory →COM3.45%$7M243.5K
12iBonds Dec 2022 CorpCOM3.44%$7M293.4K
13VMBSVanguard Mortgage-Backedhistory →COM3.37%$7M136.8K
14VUGVanguard Growthhistory →COM3.25%$7M24.2K
15GSIEGoldman Sachs ActiveBeta Intl Equityhistory →COM2.94%$6M186.3K
16DGROiShares Core Dividend Growthhistory →COM2.93%$6M125.9K
17SPDR Portfolio Total Stock MarketCOM2.69%$6M109.8K
18VCSHVanguard Short-Term Corp. Bondhistory →COM2.48%$5M65.2K
19FLTRVanEck Floating Ratehistory →COM1.82%$4M154.6K
20VEUVanguard FTSE All-World ex-UShistory →COM1.28%$3M45.3K
21CINFCincinnati Financialhistory →COM1.24%$3M23.6K
22EFAViShares MSCI EAFE Min Volhistory →COM1.24%$3M35.6K
23AMZNAmazon.comCOM0.95%$2M627
24AAPLApple Inc.COM0.67%$1M10.3K
25GOOGAlphabet Inc Cl CCOM0.66%$1M537
26BANDBandwidth Inc.COM0.65%$1M15.5K
27MSFTMicrosoftCOM0.58%$1M4.5K
28BRK/BBerkshire Hathaway Cl BCOM0.54%$1M4.3K
29VFMOVanguard U.S. MomentumCOM0.28%$613,0004.8K
30IMTMiShares MSCI Intl MomentumCOM0.25%$550,00014.4K
31IQLTiShares MSCI International QualityCOM0.25%$547,00014.4K
32CSXCSX CorporationCOM0.23%$502,00016.9K
33OEFiShares S&P 100 IndexCOM0.19%$403,0002.0K
34QQQInvesco QQQ TrustCOM0.14%$300,000838
35PGProcter & GambleCOM0.12%$264,0001.9K

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 ↗.