Managers / Q1 2022 · view latest →
Friedenthal Financial
CIK 0001598611 · 5000 SAGEMORE DRIVE, SUITE 102, MARLTON, NJ, 08053 · 856-210-6494
Summary
Friedenthal Financial reported $169M in U.S.-listed holdings across 58 positions for Q1 2022.
The portfolio is heavily concentrated: STIP alone accounts for 35.7% of reported value.
Compared with Q3 2021, the fund opened 23 new positions and exited 34.
Portfolio Metrics
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
Portfolio Composition
- ETP · 98.5% · $167M
- Common Stock · 0.8% · $1M
- Other · 0.7% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2021 (amended baseline) · note: prior filed quarter, not the immediately preceding one
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| STIPISHARES TR | NEW | +188.6K | 188.6K | +$20M | $20M |
| EWZISHARES INC | NEW | +193.3K | 193.3K | +$7M | $7M |
| COPXGLOBAL X FDS | NEW | +145.5K | 145.5K | +$7M | $7M |
| ITAISHARES TR | NEW | +58.3K | 58.3K | +$6M | $6M |
| GDXVANECK ETF TRUST | NEW | +164.0K | 164.0K | +$6M | $6M |
| AMLPJP MORGAN CHASE and CO | NEW | +162.8K | 162.8K | +$6M | $6M |
| XLUSELECT SECTOR SPDR TR | NEW | +83.2K | 83.2K | +$6M | $6M |
| GUNRFLEXSHARES TR | NEW | +129.8K | 129.8K | +$6M | $6M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | STIPISHARES TR | 0-5 YR TIPS ETF · iShares U.S. Total Stock Market - ETF · US AER DEF ETF · iShares MSCI EAFE Min. Volatility - ETF · iShares Int'l Aggregate Bond - ETF · MBS ETF · iShares MSCI USA Min. Volatility - ETF · EAFE VALUE ETF · Ishares SandP Mid Cap - ETF · Ishares Esg Msci Usa · CORE SandP SCP ETF · iShares Floating Rate Bond - ETF · iShares MSCI ACWI - ETF | 35.74% | $60M | 689.3K |
| 2 | SCHZSCHWAB STRATEGIC TR | Schwab US Aggregate Bond - ETF · Schwab US TIPS - ETF · Schwab US Small Cap - ETF · Schwab US Short-Term Treasury Fund - ETF · Schwab REIT Fund - ETF | 14.13% | $24M | 476.7K |
| 3 | RSPINVESCO EXCHANGE TRADED FD T | Invesco SandP 500 Equal Weight - ETF · Invesco Equal Wgt. Materials - ETF · Invesco Equal Wgt. Health Care - ETF · Invesco Equal Wgt. Utilities - ETF · Invesco Equal Wgt. Cons. Staples - ETF · Invesco Equal Wgt. Technology - ETF · Invesco Equal Wgt. Industrials - ETF · Invesco Equal Wgt. Cons. Disc. - ETF · Invesco Equal Wgt. Energy - ETF · Invesco Equal Wgt. Financials - ETF · Invesco Preferred - ETF · Invesco Senior Bank Loan - ETF | 11.25% | $19M | 162.4K |
| 4 | EEMVISHARES INC | iShares MSCI Emerg. Mkts Min. Volatility - ETF · MSCI BRAZIL ETF | 8.66% | $15M | 313.3K |
| 5 | XLUSELECT SECTOR SPDR TR | SBI INT-UTILS · Sector SPDR Consumer Staples - ETF · Sector SPDR Technology - ETF | 5.31% | $9M | 110.9K |
| 6 | COPXGLOBAL X FDS | GLOBAL X COPPER · Global X MLP - ETF | 4.31% | $7M | 162.0K |
| 7 | GDXVANECK ETF TRUSThistory → | GOLD MINERS ETF | 3.72% | $6M | 164.0K |
| 8 | AMLPJP MORGAN CHASE and COhistory → | Alerian MLP - ETF | 3.69% | $6M | 162.8K |
| 9 | GUNRFLEXSHARES TRhistory → | MORNSTAR UPSTR | 3.60% | $6M | 129.8K |
| 10 | SLVISHARES SILVER TRhistory → | ISHARES | 3.46% | $6M | 255.7K |
| 11 | XLCSPDR SERIES TR | SPDR Communications Svcs - ETF · SPDR Barclays Short Term Muni Bond - ETF · SPDR Barclays Municipal Bond - ETF | 2.35% | $4M | 68.9K |
| 12 | VTIPVANGUARD INDEX FUNDS | Vanguard Short Term TIPS - ETF · Vanguard Total Intl. Bond Market - ETF · Vanguard Bond Index Fund - ETF · Vanguard Intermediate Bond Index Fund - ETF | 1.67% | $3M | 47.9K |
| 13 | ADVISORS INNER CIRCLE FD III | ADVOCATE RISING | 0.54% | $906,000 | 37.1K |
| 14 | GOOGALPHABET INC | 0.31% | $527,000 | 189 | |
| 15 | LMBSFIRST TR EXCHANGE-TRADED FD | FST LOW OPPT EFT | 0.19% | $321,000 | 6.6K |
| 16 | BRK/BBERKSHIRE HATHAWAY INC DEL | Berkshire Hathaway B New | 0.17% | $286,000 | 810 |
| 17 | PCYINVESCO EXCH TRADED FD TR II | Invesco Emerging Market Debt - ETF | 0.17% | $284,000 | 12.6K |
| 18 | COSTCOSTCO WHSL CORP NEW | Costco Wholesale Co | 0.16% | $264,000 | 458 |
| 19 | INVESCO EXCH TRD SLF IDX FD | Invesco BulletShares 2023 HY Corp. Bond - ETF | 0.15% | $250,000 | 10.2K |
| 20 | SPYSPDR SandP 500 ETF TR | TR UNIT | 0.15% | $249,000 | 552 |
| 21 | AMZNAMAZON COM INC | Amazon Com Inc | 0.15% | $248,000 | 76 |
| 22 | IFLNINVESCO EXCH TRADED FD TR II P | Invesco High Yield Corporate Bond - ETF | 0.14% | $242,000 | 13.2K |
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 ↗.