Managers / Q2 2019 · view latest →
Friedenthal Financial
CIK 0001598611 · 5000 SAGEMORE DRIVE, SUITE 102, MARLTON, NJ, 08053 · 856-210-6494
Reported Value
$117M
Q2 2019
Positions
60
Filings on Record
31
2019–present window
Filed
Jul 12, 2019
original filing
Summary
Friedenthal Financial reported $117M in U.S.-listed holdings across 60 positions for Q2 2019.
The portfolio is heavily concentrated: ACWI alone accounts for 37.5% of reported value.
Compared with Q1 2019, the fund opened 14 new positions and exited 11.
Portfolio Metrics
Turnover
+36.4%
vs prior filed quarter
Top-10 Concentration
+98.9%
share of reported value
Largest Position
+37.5%
Ishares Tr
New / Exited
14 / 11
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
Portfolio Composition
By security type
- ETP · 71.5% · $83M
- Other · 28.2% · $33M
- Open-End Fund · 0.3% · $338,000
Quarter-over-Quarter Changes full breakdown →
vs Q1 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | NEW | +68.0K | 68.0K | +$4M | $4M |
| FIRST TR EXCHANGE TRADED FD | NEW | +26.4K | 26.4K | +$4M | $4M |
| VANGUARD INDEX FDS | NEW | +42.9K | 42.9K | +$4M | $4M |
| ISHARES TR | NEW | +97.2K | 97.2K | +$4M | $4M |
| VANGUARD BOND INDEX FD | NEW | +40.5K | 40.5K | +$4M | $4M |
| ISHARES TR | NEW | +63.6K | 63.6K | +$3M | $3M |
| VANGUARD BOND INDEX FD | NEW | +28.6K | 28.6K | +$3M | $3M |
| GLOBAL X | NEW | +136.7K | 136.7K | +$1M | $1M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2019
13 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ACWIISHARES TR | iShares MSCI USA Min. Volatility - ETF · iShares MSCI Emerg. Mkts Min. Volatility - ETF · iShares MSCI EAFE Min. Volatility - ETF · iShares MSCI Hong Kong - ETF · iShares Barclays Intermediate Credit - ETF · iShares Expanded Tech. Software - ETF · iShares US Home Construction - ETF · iShares Int'l Aggregate Bond - ETF · iShares Floating Rate Bond - ETF · Ishares Global Infrastructure - ETF · iShares Short Maturity Bond - ETF · iShares Barclays Aggregate Bond Fund - ETF · iShares MSCI ACWI - ETF · iShares Invt. Grade Corporate Bond - ETF · iShares S&P US Preferred Stock - ETF · iShares JPM Emerging Market Bonds - ETF | 37.55% | $44M | 803.0K |
| 2 | POWERSHARES GLOBAL ETF | Invesco Preferred - ETF · Invesco Equal Wgt. Technology - ETF · Invesco Equal Wgt. Utilities - ETF · Invesco Equal Wgt. Industrials - ETF · Invesco Equal Wgt. Materials - ETF · Invesco Equal Wgt. Financials - ETF · Invesco Equal Wgt. Cons. Staples - ETF · Invesco Equal Wgt. Health Care - ETF · Invesco Equal Wgt. Cons. Disc. - ETF · Invesco Equal Wgt. Energy - ETF · Invesco Senior Bank Loan - ETF · Invesco Emerging Market Debt - ETF · Invesco HY Corporate Bond 2021 - ETF · Invesco High Yield Corporate Bond - ETF · Invesco IG Corporate Bond 2020 - ETF | 25.45% | $30M | 945.5K |
| 3 | BSCOSCHWAB STRATEGIC TR | Schwab US Small Cap - ETF · Schwab REIT Fund - ETF · Schwab US TIPS - ETF · Schwab US Broad Market - ETF · Schwab US Short-Term Treasury Fund - ETF · Invesco BulletShares 2024 Corp. Bnd. - ETF · Schwab US Large Cap - ETF · Schwab Value Advantage | 10.86% | $13M | 550.7K |
| 4 | XLUSPDR SERIES TR | Sector SPDR Utility Select - ETF · SPDR Barclays Short Term Muni Bond - ETF · SPDR Barclays Municipal Bond - ETF · SPDR S&P 500 - ETF · SPDR Barclays Short-Term HY - ETF · SPDR US Large Cap Low Volatility Index - ETF · SPDR S&P Dividend - ETF | 9.20% | $11M | 179.1K |
| 5 | VANGUARD BOND INDEX FD | Vanguard Bond Index Fund - ETF · Vanguard Corporate Bond - ETF | 5.79% | $7M | 77.2K |
| 6 | FIRST TR EXCHANGE TRADED FD | First Trust Dow Jones Internet Fund - ETF | 3.26% | $4M | 26.4K |
| 7 | VANGUARD INDEX FDS | Vanguard REIT - ETF | 3.22% | $4M | 42.9K |
| 8 | GLOBAL X | Global X MLP - ETF · Global X FinTech - ETF | 1.35% | $2M | 149.3K |
| 9 | SELECT SECTOR SPDR TR | Sector SPDR Technology - ETF · Sector SPDR Consumer Discretionary - ETF · Sector SPDR Consumer Staples - ETF | 1.24% | $1M | 18.3K |
| 10 | VANGUARD CHARLOTTE FUNDS | Vanguard Total Intl. Bond Market - ETF | 1.03% | $1M | 20.9K |
| 11 | VANGUARD INDEX FUNDS | Vanguard Total Stock Market - ETF | 0.43% | $501,000 | 3.3K |
| 12 | AMLPUSDALPS ETF TR | Alerian MLP - ETF | 0.32% | $377,000 | 38.3K |
| 13 | PIMCO | Pimco Enhanced Short Maturity - ETF | 0.31% | $358,000 | 3.5K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q2 2026 | $217M | 254 | Jul 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q1 2026 | $199M | 244 | Apr 20, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $194M | 251 | Jan 27, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $194M | 266 | Oct 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $182M | 260 | Jul 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $167M | 212 | Apr 21, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $171M | 257 | Jan 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $171M | 228 | Oct 17, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $160M | 223 | Jul 16, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $163M | 221 | Apr 25, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $153M | 228 | Jan 29, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $147M | 104 | Oct 17, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | Under review | 103 | Jul 21, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $142,225 | 106 | May 2, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | Under review | 104 | Jan 31, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $144M | 60 | Oct 25, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $152M | 62 | Jul 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $169M | 58 | Apr 28, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $169M | 70 | Oct 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $167M | 67 | Jul 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $136M | 51 | May 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $134M | 50 | Feb 4, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $125M | 51 | Nov 4, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $117M | 45 | Jul 29, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $105M | 45 | Apr 24, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $131M | 51 | Jan 28, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $127M | 50 | Oct 29, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $117M | 60 | Jul 12, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $117M | 57 | May 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $107M | 49 | Jan 17, 2019 | 13F-HR | changes · 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 ↗.