SEC 13F Intelligence

Managers / Q4 2023 · view latest →

One Capital Management, LLC

CIK 0001606588 · 3075 TOWNSGATE ROAD, SUITE 350, WESTLAKE VILLAGE, CA, 91361 · 805-409-8150

Reported Value
$2.5B
Q4 2023
Positions
285
Filings on Record
30
2019–present window
Filed
Feb 7, 2024
original filing

Summary

One Capital Management, LLC reported $2.5B in U.S.-listed holdings across 285 positions for Q4 2023.

Its largest position, Ishares 5 10y I G Corp Bd, represents 6.0% of the portfolio.

Compared with Q3 2023, the fund opened 23 new positions and exited 13.

Portfolio Metrics

Turnover
+5.6%
vs prior filed quarter
Top-10 Concentration
+29.4%
share of reported value
Largest Position
+6.0%
Ishares 5 10y I G Corp Bd
New / Exited
23 / 13
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: $493MQ4 ’18Q1 ’19: $562MQ2 ’19: $588MQ3 ’19: $600MQ4 ’19: $651MQ4 ’19Q1 ’20: $590MQ2 ’20: $697MQ3 ’20: $734MQ4 ’20: $832MQ4 ’20Q1 ’21: $904MQ2 ’21: $1.1BQ3 ’21: $1.2BQ4 ’21: $1.3BQ4 ’21Q1 ’22: $1.9BQ2 ’22: $1.7BQ3 ’22: $1.7BQ4 ’22: $1.9BQ4 ’22Q1 ’23: $2.0BQ2 ’23: $2.2BQ3 ’23: $2.3BQ4 ’23: $2.5BQ4 ’23Q1 ’24: $2.8BQ2 ’24: $2.9BQ3 ’24: $3.1BQ4 ’24: $3.0BQ4 ’24Q1 ’25: $3.0BQ2 ’25: $2.9BQ3 ’25: $3.1BQ4 ’25: $3.3BQ4 ’25Q1 ’26: $3.6Bfilingsflow.com

Portfolio Composition

By security type
ETP: 85.5%Common Stock: 13.6%ADR: 0.3%Other: 0.3%NY Reg Shrs: 0.3%Other: 0.0%
  • ETP · 85.5% · $2.2B
  • Common Stock · 13.6% · $344M
  • ADR · 0.3% · $8M
  • Other · 0.3% · $7M
  • NY Reg Shrs · 0.3% · $7M
  • Other · 0.0% · $41,559

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FundX Flexible ETFNEW+1.92M1.92M+$46M$46M
FundX Conservative ETFNEW+557.8K557.8K+$21M$21M
DOUBLELINE OPPORT BD ETFNEW+248.7K248.7K+$12M$12M
ISHR BROAD USD H/Y CP ETFNEW+163.6K163.6K+$6M$6M
DIMENSION EM CORE EQT ETFNEW+221.3K221.3K+$5M$5M
SPDR DJIA ETFNEW+13.2K13.2K+$5M$5M
PIMCO ACTIVE BOND ETFNEW+44.4K44.4K+$4M$4M
Wisdom Tree Japan Hedged EquityNEW+42.2K42.2K+$4M$4M

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

Holdings — Q4 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES 5-10Y I/G CORP BDISHS 5-10YR INVT6.04%$152M2.93M
2ISHARES NATL MUNI BND ETFNATIONAL MUN ETF3.46%$87M804.6K
3WISDOM INTL QLTY DIV GWTHINTL QULTY DIV3.36%$85M2.34M
4WISDOMTREE US QLTY DIV GWUS QTLY DIV GRT3.32%$84M1.19M
5ISHARES 1-5Y I/G CORP BNDISHS 1-5YR INVS3.07%$78M1.51M
6NDQINVESCO QQQ TRUSThistory →UNIT SER 12.31%$58M142.3K
7FundX ETFFUNDX ETF2.06%$52M941.8K
8FIRST TRUST SENR LOAN ETFSENIOR LN FD2.00%$50M1.10M
9FIRST TR TACTICAL H/Y ETFFIRST TR TA HIYL1.92%$48M1.17M
10FundX Flexible ETFFLEXIBLE ETF1.83%$46M1.92M
11SCHWAB STR US L/C GWT ETFUS LCAP GR ETF1.79%$45M543.6K
12ISHARES RUSS M/CAP VL INDRUS MDCP VAL ETF1.77%$45M384.2K
13VUGVANGUARD GROWTH ETFhistory →GROWTH ETF1.68%$42M136.4K
14Vanguard Mega Cap GrMEGA GRWTH IND1.65%$42M160.4K
15ISHARES RUSS 200 GROW ETFRUS TP200 GR ETF1.63%$41M235.0K
16ISHARES RUSS 1000 GWT INDRUS 1000 GRW ETF1.62%$41M134.7K
17JP MORGAN US QLTY FAC ETFUS QUALTY FCTR1.59%$40M839.6K
18ISHARES S&P SC 600 GW INDS&P SML 600 GWT1.57%$40M315.8K
19ISHARES MSCI EAFE S/C ETFEAFE SML CP ETF1.55%$39M633.8K
20ISHARES S&P SC 600VAL INDSP SMCP600VL ETF1.55%$39M380.3K
21Invesco S&P 500 Top 50S&P 500 TOP 501.51%$38M1.01M
22SPDR BLM 1-3M T-BILL ETFBLOOMBERG 1-3 MO1.44%$36M397.1K
23ISHARES RUSS MICROCAP INDMICRO-CAP ETF1.39%$35M302.3K
24VANGUARD RUSS1000 GWT ETFVNG RUS1000GRW1.37%$34M442.0K
25ISHARES GLOBAL REIT ETF46434V1.29%$33M1.35M
26WISDOMTREE E/M QLTY DV GWEM MKTS QTLY DIV1.27%$32M1.31M
27SPDR NUV BLM MUNI BND ETFNUVEEN BRC MUNIC1.25%$32M672.9K
28ISHARES TIPS BOND ETFTIPS BD ETF1.12%$28M263.5K
29ISHARES-RUSSEL MID GWTHRUS MD CP GR ETF1.10%$28M265.4K
30ISHRS S/T NATL MUN BD ETFSHRT NAT MUN ETF1.03%$26M246.6K
31VANGUARD TAX-EXMPT BD ETFTAX EXEMPT BD0.98%$25M482.3K
32SPDR PTFL S&P 500 GW ETFPRTFLO S&P500 GW0.97%$25M376.6K
33MSFTMICROSOFT CORPhistory →COM0.94%$24M63.4K
34NVDANVIDIA CORPhistory →COM0.87%$22M44.5K
35FundX Conservative ETFCONSERVATIVE ETF0.84%$21M557.8K
36ISHARES CORE S&P 500 ETFCORE S&P500 ETF0.82%$21M43.3K
37ISHARES MSCI EAFE VAL INDEAFE VALUE ETF0.79%$20M381.8K
38SPDR PTFL S&P 500 VAL ETFPRTFLO S&P500 VL0.70%$18M379.4K
39iShares S&P 100S&P 100 ETF0.65%$16M73.3K
40Janus Henderson AAA CLOHENDRSON AAA CL0.64%$16M320.3K
41SPDR Portfolio High Yield BondPORTFLI HIGH YLD0.60%$15M644.3K
42METAMETA PLATFORMS INC CL-Ahistory →CL A0.60%$15M42.5K
43GOOGALPHABET INC CL-Chistory →CAP STK CL C0.59%$15M105.8K
44ISHARES CORE S&P SML-CAPCORE S&P SCP ETF0.59%$15M137.6K
45ISHARES BROAD USD I/G ETFUSD INV GRDE ETF0.56%$14M277.4K
46JPMORGAN ULT-SHRT MUN ETFULTRA SHT MUNCPL0.56%$14M278.4K
47ISHARES CORE MSCI EAFECORE MSCI EAFE0.55%$14M198.9K
48PIMCO Enh Sht Mat StratENHAN SHRT MA AC0.53%$13M133.2K
49SPDR BLOOM HI YLD BND ETFBLOOMBERG HIGH Y0.53%$13M140.2K
50ISHARES MSCI EAFE ETFMSCI EAFE ETF0.52%$13M174.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$3.6B525May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.3B522Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$3.1B483Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.9B467Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$3.0B412May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$3.0B372Feb 6, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.1B375Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.9B375Aug 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.8B302May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.5B285Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.3B275Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.2B275Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.0B316May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.9B284Feb 16, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.7B289Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.7B308Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.9B313May 17, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.3B261Jan 31, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.2B202Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.1B208Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$904M167May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$832M160Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$734M157Oct 23, 202013F-HRchanges · EDGAR ↗
Q2 2020$697M175Aug 17, 202013F-HRchanges · EDGAR ↗
Q1 2020$590M189May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$651M163Jan 31, 202013F-HRchanges · EDGAR ↗
Q3 2019$600M172Oct 21, 201913F-HRchanges · EDGAR ↗
Q2 2019$588M174Jul 11, 201913F-HRchanges · EDGAR ↗
Q1 2019$562M172May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$493M165Feb 5, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 5 additional managers.

  • ACR Alpine Capital Research, LLC028-14059
  • Saratoga Research & Investment Management028-13757
  • MAR VISTA INVESTMENT PARTNERS LLC028-13243
  • MORGAN DEMPSEY CAPITAL MANAGEMENT LLC028-06620
  • POLEN CAPITAL MANAGEMENT LLC028-03687

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 ↗.