SEC 13F Intelligence

Managers / Q4 2019 · view latest →

Friedenthal Financial

CIK 0001598611 · 5000 SAGEMORE DRIVE, SUITE 102, MARLTON, NJ, 08053 · 856-210-6494

Reported Value
$131M
Q4 2019
Positions
51
Filings on Record
31
2019–present window
Filed
Jan 28, 2020
original filing

Summary

Friedenthal Financial reported $131M in U.S.-listed holdings across 51 positions for Q4 2019.

The portfolio is heavily concentrated: USMV alone accounts for 41.2% of reported value.

Compared with Q3 2019, the fund opened 20 new positions and exited 20.

Portfolio Metrics

Turnover
+33.7%
vs prior filed quarter
Top-10 Concentration
+98.5%
share of reported value
Largest Position
+41.2%
Ishares Tr
New / Exited
20 / 20
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: $107MQ4 ’18Q1 ’19: $117MQ2 ’19: $117MQ3 ’19: $127MQ4 ’19: $131MQ4 ’19Q1 ’20: $105MQ2 ’20: $117MQ3 ’20: $125MQ4 ’20: $134MQ4 ’20Q1 ’21: $136MQ2 ’21: $167MQ3 ’21: $169MQ1 ’22: $169MQ1 ’22Q2 ’22: $152MQ3 ’22: $144MQ1 ’23: $142MQ3 ’23: $147MQ3 ’23Q4 ’23: $153MQ1 ’24: $163MQ2 ’24: $160MQ3 ’24: $171MQ3 ’24Q4 ’24: $171MQ1 ’25: $167MQ2 ’25: $182MQ3 ’25: $194MQ3 ’25Q4 ’25: $194MQ1 ’26: $199MQ2 ’26: $217Mfilingsflow.com

Portfolio Composition

By security type
ETP: 97.0%Other: 3.0%
  • ETP · 97.0% · $127M
  • Other · 3.0% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XBISPDR SERIES TRNEW+46.1K46.1K+$4M$4M
ITBISHARES TRNEW+98.4K98.4K+$4M$4M
ITAISHARES TRNEW+19.5K19.5K+$4M$4M
IEFISHARES TRNEW+36.5K36.5K+$4M$4M
RSPSINVESCO EXCHANGE TRADED FD TRNEW+22.7K22.7K+$4M$4M
RSPNINVESCO EXCHANGE TRADED FD TRNEW+15.3K15.3K+$2M$2M
RSPMINVESCO EXCHANGE TRADED FD TRNEW+17.8K17.8K+$2M$2M
RSPTINVESCO EXCHANGE TRADED FD TRNEW+10.3K10.3K+$2M$2M

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

Holdings — Q4 2019

13 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1USMVISHARES TRiShares Investment Grade Corp Bonds ETF · iShares MSCI USA Min Volatility ETF · iShares MSCI Emerg Mkts Min Volatility ETF · iShares MSCI EAFE Min Volatility ETF · iShares US Home Construction ETF · iShares Aerospace & Defense ETF · iShares Barclays Intermediate Credit ETF · iShares Barclays 710 Year Treasury ETF · iShares Barclays 20+ Year Treasury ETF · iShares Int'l Aggregate Bond ETF · iShares Barclays Aggregate Bond Fund ETF · iShares Short Maturity Bond ETF · iShares MSCI ACWI ETF41.22%$54M706.6K
2SCHZSCHWAB STRATEGIC TRSchwab US Aggregate Bond ETF · Schwab US Small Cap ETF · Schwab REIT Fund ETF · Schwab US TIPS ETF · Schwab US ShortTerm Treasury Fund ETF17.81%$23M407.3K
3RSPNINVESCO EXCHANGE TRADED FD TRInvesco Equal Wgt Industrials ETF · Invesco Equal Wgt Materials ETF · Invesco Equal Wgt Technology ETF · Invesco Equal Wgt Cons Staples ETF · Invesco Equal Wgt Cons Disc ETF · Invesco Equal Wgt Financials ETF · Invesco Equal Wgt Health Care ETF · Invesco Equal Wgt Utilities ETF · Invesco Equal Wgt Energy ETF · Invesco Preferred ETF · Invesco Emerging Market Debt ETF · Invesco High Yield Corporate Bond ETF15.53%$20M311.9K
4BLVVANGUARD BOND INDEXVanguard Long Term Bond ETF · Vanguard Corporate Bond ETF · Vanguard Bond Index Fund ETF6.76%$9M93.6K
5XBISPDR SERIES TRSPDR S&P Biotech ETF · SPDR Barclays Short Term Muni Bond ETF · SPDR Barclays Municipal Bond ETF · SPDR Long Term Treaasury ETF5.97%$8M117.6K
6XLUSELECT SECTOR SPDR TRSector SPDR Utility Select ETF · Sector SPDR Communicaton ETF · Sector SPDR Technology ETF · Sector SPDR Consumer Staples ETF4.23%$6M85.9K
7VNQVANGUARD INDEX FUNDSVanguard REIT ETF · Vanguard Mid Cap ETF3.33%$4M45.6K
8INVESCO EXCHN TRD SLF IDX FDInvesco Senior Bank Loan ETF · Invesco HY Corporate Bond 2021 ETF · Invesco BulletShares 2024 Corp Bnd ETF1.44%$2M81.3K
9GLOBAL X FDSGlobal X MLP ETF1.15%$2M191.1K
10SPYSPDR SP 500 ETF TRhistory →SPDR S&P 500 ETF1.09%$1M4.4K
11BNDXVANGUARD CHARLOTTE FUNDSVanguard Total Intl Bond Market ETF0.72%$942,00016.6K
12VEAVANGUARD TAX MANAGED INTL FDVanguard Europe Pacific ETF0.54%$714,00016.2K
13MINTPIMCO ETF TRPimco Enhanced Short Maturity ETF0.22%$293,0002.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$217M254Jul 13, 202613F-HRchanges · EDGAR ↗
Q1 2026$199M244Apr 20, 202613F-HRchanges · EDGAR ↗
Q4 2025$194M251Jan 27, 202613F-HRchanges · EDGAR ↗
Q3 2025$194M266Oct 15, 202513F-HRchanges · EDGAR ↗
Q2 2025$182M260Jul 23, 202513F-HRchanges · EDGAR ↗
Q1 2025$167M212Apr 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$171M257Jan 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$171M228Oct 17, 202413F-HRchanges · EDGAR ↗
Q2 2024$160M223Jul 16, 202413F-HRchanges · EDGAR ↗
Q1 2024$163M221Apr 25, 202413F-HRchanges · EDGAR ↗
Q4 2023$153M228Jan 29, 202413F-HRchanges · EDGAR ↗
Q3 2023$147M104Oct 17, 202313F-HRchanges · EDGAR ↗
Q2 2023Under review103Jul 21, 202313F-HRchanges · EDGAR ↗
Q1 2023$142M106May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review104Jan 31, 202313F-HRchanges · EDGAR ↗
Q3 2022$144M60Oct 25, 202213F-HRchanges · EDGAR ↗
Q2 2022$152M62Jul 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$169M58Apr 28, 202213F-HRchanges · EDGAR ↗
Q3 2021$169M70Oct 13, 202113F-HRchanges · EDGAR ↗
Q2 2021$167M67Jul 14, 202113F-HRchanges · EDGAR ↗
Q1 2021$136M51May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$134M50Feb 4, 202113F-HRchanges · EDGAR ↗
Q3 2020$125M51Nov 4, 202013F-HRchanges · EDGAR ↗
Q2 2020$117M45Jul 29, 202013F-HRchanges · EDGAR ↗
Q1 2020$105M45Apr 24, 202013F-HRchanges · EDGAR ↗
Q4 2019$131M51Jan 28, 202013F-HRchanges · EDGAR ↗
Q3 2019$127M50Oct 29, 201913F-HRchanges · EDGAR ↗
Q2 2019$117M60Jul 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$117M57May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$107M49Jan 17, 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 ↗.