SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Tillar-Wenstrup Advisors, LLC

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

Reported Value
$200M
Q2 2022
Positions
49
Filings on Record
22
2019–present window
Filed
Jul 22, 2022
original filing

Summary

Tillar-Wenstrup Advisors, LLC reported $200M in U.S.-listed holdings across 49 positions for Q2 2022.

Its largest position, USMV, represents 11.0% of the portfolio.

Compared with Q1 2022, the fund opened 8 new positions and exited 4.

Portfolio Metrics

Turnover
+10.7%
vs prior filed quarter
Top-10 Concentration
+59.0%
share of reported value
Largest Position
+11.0%
Ishares Msci USA Min Vol
New / Exited
8 / 4
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: 85.4%Other: 7.4%Common Stock: 7.2%
  • ETP · 85.4% · $171M
  • Other · 7.4% · $15M
  • Common Stock · 7.2% · $14M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FLOTiShares Floating Rate BondNEW+180.1K180.1K+$9M$9M
iShares iBonds Dec 2023 TreasuryNEW+68.8K68.8K+$2M$2M
iShares iBonds Dec 2022 TreasuryNEW+39.0K39.0K+$988,000$988,000
Blackrock, Inc.NEW+1.5K1.5K+$887,000$887,000
iBonds Dec 2023 MuniNEW+33.4K33.4K+$850,000$850,000
iBonds Dec 2024 MuniNEW+32.4K32.4K+$843,000$843,000
IBTEiShares iBonds Dec 2024 TreasuryNEW+29.8K29.8K+$729,000$729,000
iBonds Dec 2022 CorpNEW+20.0K20.0K+$500,000$500,000

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

Holdings — Q2 2022

49 positions
#IssuerClass% PortfolioValueShares
1USMViShares MSCI USA Min Volhistory →COM10.96%$22M312.0K
2QUALiShares MSCI USA Qualityhistory →COM7.66%$15M137.0K
3PRFInvesco FTSE RAFI US 1000history →COM6.15%$12M83.0K
4VTVVanguard Valuehistory →COM5.48%$11M83.0K
5SPDR Portfolio Total Stock MarketCOM5.08%$10M218.5K
6iBonds Dec 2023 CorpCOM4.93%$10M392.8K
7iBonds Dec 2024 CorpCOM4.88%$10M394.4K
8FLRNSPDR Floating Ratehistory →COM4.80%$10M319.0K
9GSLCGoldman Sachs ActiveBeta UShistory →COM4.53%$9M120.7K
10FLOTiShares Floating Rate Bondhistory →COM4.50%$9M180.1K
11MTUMiShares MSCI USA Momentumhistory →COM3.55%$7M52.0K
12ESGDiShares ESG MSCI EAFEhistory →COM3.04%$6M96.9K
13DGROiShares Core Dividend Growthhistory →COM2.96%$6M124.2K
14VUGVanguard Growthhistory →COM2.78%$6M25.0K
15VOVanguard Mid-Caphistory →COM2.45%$5M24.9K
16iBonds Dec 2025 CorpCOM2.43%$5M196.9K
17VOEVanguard Mid-Cap Valuehistory →COM2.31%$5M35.6K
18VEUVanguard FTSE All-World ex-UShistory →COM1.96%$4M78.3K
19VBRVanguard Small Cap Valuehistory →COM1.88%$4M25.1K
20VBVanguard Small-Cap ETFhistory →COM1.84%$4M20.8K
21VFVAVanguard U.S. Value Factorhistory →COM1.61%$3M35.2K
22GSIEGoldman Sachs ActiveBeta Intl Equityhistory →COM1.56%$3M112.1K
23CINFCincinnati Financialhistory →COM1.53%$3M25.7K
24EFAViShares MSCI EAFE Min Volhistory →COM1.37%$3M43.2K
25AAPLApple Inc.history →COM1.01%$2M14.7K
26iShares iBonds Dec 2023 TreasuryCOM0.86%$2M68.8K
27BRK/BBerkshire Hathaway Cl BCOM0.73%$1M5.4K
28VEAVanguard FTSE Developed MarketsCOM0.73%$1M35.9K
29MSFTMicrosoftCOM0.72%$1M5.6K
30GOOGAlphabet Inc Cl CCOM0.53%$1M482
31iShares iBonds Dec 2022 TreasuryCOM0.49%$988,00039.0K
32Blackrock, Inc.COM0.44%$887,0001.5K
33iBonds Dec 2023 MuniCOM0.43%$850,00033.4K
34iBonds Dec 2024 MuniCOM0.42%$843,00032.4K
35AMZNAmazon.comCOM0.37%$749,0007.1K
36IBTEiShares iBonds Dec 2024 TreasuryCOM0.36%$729,00029.8K
37PGProcter & GambleCOM0.34%$672,0004.7K
38UNPUnion PacificCOM0.34%$670,0003.1K
39PEPPepsicoCOM0.26%$513,0003.1K
40iBonds Dec 2022 CorpCOM0.25%$500,00020.0K
41CSXCSX CorporationCOM0.25%$491,00016.9K
42IQLTiShares MSCI International QualityCOM0.23%$452,00014.6K
43VFMOVanguard U.S. MomentumCOM0.19%$374,0003.5K
44COSTCostco WholesaleCOM0.17%$347,000725
45OEFiShares S&P 100 IndexCOM0.17%$330,0001.9K
46MCDMcDonaldsCOM0.14%$272,0001.1K
47INTCIntel CorpCOM0.13%$250,0006.7K
48NKENike Inc.COM0.12%$245,0002.4K
49BANDBandwidth Inc.COM0.12%$239,00012.7K

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 ↗.