SEC 13F Intelligence

Managers / Q1 2020 · view latest →

Friedenthal Financial

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

Reported Value
$105M
Q1 2020
Positions
45
Filings on Record
31
2019–present window
Filed
Apr 24, 2020
original filing

Summary

Friedenthal Financial reported $105M in U.S.-listed holdings across 45 positions for Q1 2020.

Its largest position, Schwab Strategic Tr, represents 10.9% of the portfolio.

Compared with Q4 2019, the fund opened 9 new positions and exited 15.

Portfolio Metrics

Turnover
+29.1%
vs prior filed quarter
Top-10 Concentration
+47.8%
share of reported value
Largest Position
+10.9%
Schwab Strategic Tr
New / Exited
9 / 15
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. 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: $142,225Q3 ’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: 92.5%Other: 7.5%
  • ETP · 92.5% · $97M
  • Other · 7.5% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+18.8K18.8K+$4M$4M
ISHARES TRNEW+114.5K114.5K+$4M$4M
INVESCO ACTIVELY MANAGED ETFNEW+318.6K318.6K+$4M$4M
KRANSHARES TRNEW+83.2K83.2K+$4M$4M
ISHARES TRNEW+203.3K203.3K+$4M$4M
SPDR SERIES TRNEW+39.0K39.0K+$4M$4M
SPDR SERIES TRNEW+104.3K104.3K+$3M$3M
ISHARES TRNEW+4.1K4.1K+$612,000$612,000

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

Holdings — Q1 2020

13 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ACWIISHARES TRiShares MSCI Emerg. Mkts Min. Volatility ETF · iShares MSCI EAFE Min. Volatility ETF · iShares MSCI USA Min. Volatility ETF · iShares PHLX Semiconductor ETF · iShares Barclays Intermediate Credit ETF · iShares MSCI Taiwan ETF · iShares S P Latin America 40 ETF · iShares Int'l Aggregate Bond ETF · iShares US Home Construction ETF · iShares Barclays Aggregate Bond Fund ETF · iShares TR Russell 1000 Growth ETF · iShares MSCI ACWI ETF36.24%$38M872.4K
2SCHWAB STRATEGIC TRSchwab US Aggregate Bond ETF · Schwab US Small Cap ETF · Schwab US TIPS ETF · Schwab REIT Fund ETF · Schwab US Short Term Treasury Fund ETF18.61%$20M378.5K
3INVESCO EXCHANGE TRADED FD TRInvesco Equal Wgt. Cons. Staples ETF · Invesco Equal Wgt. Utilities ETF · Invesco Equal Wgt. Health Care ETF · Invesco Equal Wgt. Technology ETF · Invesco Equal Wgt. Materials ETF · Invesco Equal Wgt. Industrials ETF · Invesco Equal Wgt. Cons. Disc. ETF · Invesco Equal Wgt. Financials ETF · Invesco Equal Wgt. Energy ETF · Invesco Emerging Market Debt ETF11.71%$12M211.7K
4SPDR SERIES TRSPDR 1 3 Month T Bill ETF · SPDR S P Oil and Gas Exploration ETF · SPDR Barclays Municipal Bond ETF · SPDR Communications Svcs ETF7.84%$8M168.9K
5SELECT SECTOR SPDR TRSector SPDR Technology ETF · Sector SPDR Consumer Staples ETF4.21%$4M56.6K
6VANGUARD CHARLOTTE FUNDSVanguard Total Intl. Bond Market ETF4.20%$4M78.4K
7VANGUARD BOND INDEXVanguard Corporate Bond ETF · Vanguard Bond Index Fund ETF4.16%$4M50.4K
8INVESCO ACTIVELY MANAGED ETFInvesco Optimum Yield ETF3.58%$4M318.6K
9KRANSHARES TRKraneshares CSI China Internet ETF3.58%$4M83.2K
10SPDR SP 500 ETF TRSPDR Barclays Short Term Muni Bond ETF · SPDR S P 500 ETF2.93%$3M45.0K
11INVESCO EXCHN TRD SLF IDX FDInvesco Senior Bank Loan ETF · Invesco High Yield Corporate Bond ETF · Invesco HY Corporate Bond 2021 ETF1.73%$2M93.2K
12GLOBAL X FUNDSGlobal X MLP ETF1.01%$1M338.0K
13VANGUARD INDEX FUNDSVanguard Mid Cap ETF0.19%$200,0001.5K

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$142,225106May 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 ↗.