Managers / Q4 2018 · view latest →

FormulaFolio Investments, LLC

CIK 0001626982 · 89 IONIA AVE NW, SUITE 600, GRAND RAPIDS, MI, 49503 · 616-667-2150 EXT7004

Reported Value

$2.3B

Q4 2018

Positions

315

Filings on Record

2019–present window

Filed

Jan 3, 2019

original filing

Summary

Formulafolio Investments, LLC reported $2.3B in U.S.-listed holdings across 315 positions for Q4 2018.

The portfolio is heavily concentrated: FLOT alone accounts for 45.7% of reported value.

Portfolio Metrics

Top-10 Concentration

+88.4%

share of reported value

Largest Position

+45.7%

Ishares Tr

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 · 77.7% · $1.8B
Other · 15.9% · $362M
Common Stock · 6.2% · $140M
Closed-End Fund · 0.1% · $3M
ADR · 0.1% · $1M
Other · 0.0% · $991,000

Quarter-over-Quarter Changes full breakdown →

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
ISHARES TR	NEW	+2.76M	2.76M	+$239M	$239M
NORTHERN LTS FD TR IV	NEW	+8.17M	8.17M	+$197M	$197M
FLOT ISHARES TR	NEW	+3.53M	3.53M	+$180M	$180M
IVV ISHARES TR	NEW	+614.4K	614.4K	+$180M	$180M
FREL FIDELITY	NEW	+5.65M	5.65M	+$136M	$136M
IXUS ISHARES TR	NEW	+1.76M	1.76M	+$106M	$106M
IJR ISHARES TR	NEW	+865.3K	865.3K	+$75M	$75M
NORTHERN LTS FD TR IV	NEW	+2.45M	2.45M	+$73M	$73M

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

Holdings — Q4 2018

216 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	FLOT ISHARES TR	IBOXX HI YD ETF · FLTG RATE NT ETF · CORE S&P500 ETF · CORE MSCI TOTAL · CORE S&P SCP ETF · CORE S&P MCP ETF · CORE MSCI EAFE · CORE S&P TTL STK · GLOBAL REIT ETF · CORE US AGGBD ET · IBOXX INV CP ETF · CORE DIV GRWTH · MSCI ACWI ETF · U.S. REAL ES ETF · 0-5YR HI YL CP · CALIF MUN BD ETF · 20 YR TR BD ETF · BARCLAYS 7 10 YR · MIN VOL USA ETF · INTL TREA BD ETF · CRE U S REIT ETF · TIPS BD ETF · S&P 100 ETF · CORE S&P US GWT · S&P US PFD STK · RUSSELL 2000 ETF · CORE INTL AGGR · US TREAS BD ETF · SELECT DIVID ETF · S&P MC 400VL ETF · SP SMCP600VL ETF · NATIONAL MUN ETF · S&P MC 400GR ETF · MSCI EAFE ETF · 1 3 YR TREAS BD	45.71%	$1.0B	13.68M
2	NORTHERN LTS FD TR IV	FRMLAFOLIOS TATL · FORMULA FOLIOS · FRMLAFLIO TACT · FRMLAFLIO SMRT	15.45%	$352M	13.78M
3	FREL FIDELITY	MSCI RL EST ETF · MSCI FINLS IDX · MSCI HLTH CARE I · MSCI INFO TECH I · MSCI CONSM DIS · MOMENTUM FACTR	9.53%	$217M	7.48M
4	SSO PROSHARES TR	PSHS ULT S&P 500 · PSHS ULT MCAP400 · PSHS ULTRUSS2000	3.27%	$75M	1.03M
5	SPYM SPDR SERIES TRUST	PORTFOLIO TL STK · PORTFOLIO LR ETF · PORTFOLIO MD ETF · BLOOMBERG BRCLYS · PORTFOLIO AGRGTE · PORTFOLIO LN TSR · BLOMBERG INTL TR · FTSE INT GVT ETF · AEROSPACE DEF	3.12%	$71M	2.02M
6	FLRN SPDR SER TR	BLOMBERG BRC INV · PORTFOLIO SM ETF · PRTFLO S&P500 HI · BLOMBERG 1 10 YR	2.90%	$66M	2.14M
7	BBHY JP MORGAN EXCHANGE TRADED FD history →	DCPLND HG YLD	2.73%	$62M	1.25M
8	SCHF SCHWAB STRATEGIC TR	INTL EQTY ETF · US BRD MKT ETF · US LRG CAP ETF · US SML CAP ETF · US MID-CAP ETF · US AGGREGATE B · US REIT ETF · EMRG MKTEQ ETF · SCHWAB FDT US BM · INTRM TRM TRES · US DIVIDEND EQ · US TIPS ETF	2.36%	$54M	1.11M
9	SPDW SPDR INDEX SHS FDS	PORTFOLIO DEVLPD · DJ GLB RL ES ETF · PORTFOLIO EMG MK · LOW CARBON ETF	2.15%	$49M	1.44M
10	IEMG ISHARES INC history →	CORE MSCI EMKT	1.20%	$27M	526.7K
11	IFLN INVESCO EXCHNG TRADED FD TR	FNDMNTL HY CRP · FNDMNTL IG CRP	0.92%	$21M	1.09M
12	FXO FIRST TR EXCHANGE TRADED FD	FINLS ALPHADEX · HLTH CARE ALPH · TECH ALPHADEX · CONSUMR DISCRE · FIRST TR TA HIYL	0.92%	$21M	508.5K
13	VTI VANGUARD INDEX FDS	TOTAL STK MKT · MCAP GR IDXVIP · SM CP VAL ETF · S&P 500 ETF SHS · REAL ESTATE ETF · GROWTH ETF · MID CAP ETF · VALUE ETF	0.72%	$16M	112.6K
14	DBX ETF TR	XTRACK USD HIGH	0.53%	$12M	241.2K
15	XLF SELECT SECTOR SPDR TR	SBI INT-FINL · SBI HEALTHCARE · TECHNOLOGY · SBI CONS DISCR · RL EST SEL SEC	0.33%	$8M	230.7K
16	RFDI FIRST TR EXCH TRADED FD III	RIVRFRNT DYN DEV	0.33%	$8M	123.0K
17	RSPF INVESCO EXCHANGE TRADED FD T	S&P500 EQL FIN · S&P500 EQL HLT · S&P500 EQL TEC · S&P500 EQL REL · S&P500 EQL DIS · S&P500 EQL WGT · DYNMC PHRMCTLS	0.33%	$7M	128.6K
18	AAPL APPLE INC	COM	0.32%	$7M	32.6K
19	BA BOEING CO	COM	0.18%	$4M	11.1K
20	AMZN AMAZON COM INC	COM	0.18%	$4M	2.0K
21	VHT VANGUARD WORLD FDS	HEALTH CAR ETF · CONSUM DIS ETF · CONSUM STP ETF · UTILITIES ETF · FINANCIALS ETF	0.17%	$4M	25.5K
22	HD HOME DEPOT INC	COM	0.14%	$3M	15.5K
23	EXMOC EXXON MOBIL CORP	COM	0.14%	$3M	37.5K
24	UPS UNITED PARCEL SERVICE INC	CL B	0.13%	$3M	25.6K
25	MSFT MICROSOFT CORP	COM	0.11%	$3M	22.6K
26	JPM JPMORGAN CHASE & CO	COM	0.11%	$3M	22.3K
27	QQQ INVESCO QQQ TR	UNIT SER 1	0.11%	$2M	12.9K
28	BRK/B BERKSHIRE HATHAWAY INC DEL	CL B NEW · CL A	0.10%	$2M	6.5K
29	LMT LOCKHEED MARTIN CORP	COM	0.10%	$2M	6.7K
30	CVX CHEVRON CORP NEW	COM	0.10%	$2M	18.6K
31	PFE PFIZER INC	COM	0.10%	$2M	51.1K
32	T AT&T INC	COM	0.09%	$2M	58.9K
33	CORP PIMCO ETF TR	INV GRD CRP BD	0.08%	$2M	18.8K
34	WMT WALMART INC	COM	0.08%	$2M	20.1K
35	RAYTHEON CO	COM NEW	0.08%	$2M	9.0K
36	HBAN HUNTINGTON BANCSHARES INC	COM	0.08%	$2M	117.1K
37	SPY SPDR S&P 500 ETF TR	TR UNIT	0.08%	$2M	6.0K
38	PM PHILIP MORRIS INTL INC	COM	0.08%	$2M	21.1K
39	ONEQ FIDELITY COMWLTH TR	NDQ CP IDX TRK	0.07%	$2M	5.4K
40	JNJ JOHNSON & JOHNSON	COM	0.07%	$2M	11.9K
41	HON HONEYWELL INTL INC	COM	0.07%	$2M	9.7K
42	ELDORADO RESORTS INC	COM	0.07%	$2M	32.4K
43	ABBV ABBVIE INC	COM	0.07%	$2M	16.7K
44	MMM 3M CO	COM	0.07%	$2M	7.1K
45	PG PROCTER AND GAMBLE CO	COM	0.07%	$1M	17.9K
46	MO ALTRIA GROUP INC	COM	0.06%	$1M	24.0K
47	DE DEERE & CO	COM	0.06%	$1M	9.6K
48	FDX FEDEX CORP	COM	0.06%	$1M	5.9K
49	DIS DISNEY WALT CO	COM DISNEY	0.06%	$1M	12.1K
50	VANECK VECTORS ETF TR	HIGH YLD MUN ETF	0.06%	$1M	45.0K
51	DISCOVER FINL SVCS	COM	0.06%	$1M	17.1K
52	PEP PEPSICO INC	COM	0.06%	$1M	11.6K
53	VZ VERIZON COMMUNICATIONS INC	COM	0.05%	$1M	23.3K
54	VEA VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	0.05%	$1M	28.3K
55	V VISA INC	COM CL A	0.05%	$1M	8.2K
56	CSCO CISCO SYS INC	COM	0.05%	$1M	24.6K
57	CAT CATERPILLAR INC DEL	COM	0.05%	$1M	7.8K
58	COF CAPITAL ONE FINL CORP	COM	0.05%	$1M	12.4K
59	KSS KOHLS CORP	COM	0.05%	$1M	15.8K
60	IVOG VANGUARD ADMIRAL FDS INC	MIDCP 400 GRTH · 500 GRTH IDX F · MIDCP 400 VAL	0.05%	$1M	8.1K
61	MCD MCDONALDS CORP	COM	0.05%	$1M	7.0K
62	FLR FLUOR CORP NEW	COM	0.05%	$1M	19.8K
63	NFLX NETFLIX INC	COM	0.05%	$1M	3.0K
64	IBM INTERNATIONAL BUSINESS MACHS	COM	0.05%	$1M	7.4K
65	INTC INTEL CORP	COM	0.05%	$1M	23.5K
66	PSX PHILLIPS 66	COM	0.05%	$1M	9.9K
67	CFG CITIZENS FINL GROUP INC	COM	0.05%	$1M	28.5K
68	M MACYS INC	COM	0.05%	$1M	31.1K
69	DXC DXC TECHNOLOGY CO	COM	0.05%	$1M	11.5K
70	CRM SALESFORCE COM INC	COM	0.05%	$1M	6.7K
71	FITB FIFTH THIRD BANCORP	COM	0.04%	$1M	35.9K
72	EMR EMERSON ELEC CO	COM	0.04%	$993,000	13.0K
73	CIGNA CORPORATION	COM	0.04%	$952,000	4.6K
74	VWO VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF · ALLWRLD EX US	0.04%	$951,000	22.1K
75	AMGN AMGEN INC	COM	0.04%	$948,000	4.6K
76	VIG VANGUARD GROUP	DIV APP ETF	0.04%	$945,000	8.5K
77	SYF SYNCHRONY FINL	COM	0.04%	$940,000	30.3K
78	PVH PVH CORP	COM	0.04%	$933,000	6.5K
79	GLD SPDR GOLD TRUST	GOLD SHS	0.04%	$918,000	8.1K
80	PCAR PACCAR INC	COM	0.04%	$913,000	13.4K
81	ABIOMED INC	COM	0.04%	$912,000	2.0K
82	ZBH ZIMMER BIOMET HLDGS INC	COM	0.04%	$909,000	6.9K
83	NVDA NVIDIA CORP	COM	0.04%	$908,000	3.2K
84	COP CONOCOPHILLIPS	COM	0.04%	$906,000	11.7K
85	META FACEBOOK INC	CL A	0.04%	$900,000	5.5K
86	BMY BRISTOL MYERS SQUIBB CO	COM	0.04%	$893,000	14.4K
87	NEE NEXTERA ENERGY INC	COM	0.04%	$884,000	5.3K
88	DUK DUKE ENERGY CORP NEW	COM NEW	0.04%	$873,000	10.9K
89	WFC WELLS FARGO CO NEW	COM	0.04%	$866,000	16.5K
90	INGERSOLL-RAND PLC	SHS	0.04%	$857,000	8.4K
91	CERNER CORP	COM	0.04%	$850,000	13.2K
92	XEXGX EATON VANCE TAX MNGD GBL DV	COM	0.04%	$846,000	89.0K
93	BDX BECTON DICKINSON & CO	COM	0.04%	$827,000	3.2K
94	BABA ALIBABA GROUP HLDG LTD	SPONSORED ADS	0.04%	$822,000	5.0K
95	ADBE ADOBE SYS INC	COM	0.04%	$811,000	3.0K
96	COST COSTCO WHSL CORP NEW	COM	0.04%	$801,000	3.4K
97	IP INTL PAPER CO	COM	0.03%	$777,000	15.8K
98	BB&T CORP	COM	0.03%	$755,000	15.6K
99	MRK MERCK & CO INC	COM	0.03%	$753,000	10.6K
100	UTXZ UNITED TECHNOLOGIES CORP	COM	0.03%	$752,000	5.4K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q2 2021	$299M	524	Jul 28, 2021	13F-HR	changes · EDGAR ↗
Q1 2021	$308M	502	May 28, 2021	13F-HR	changes · EDGAR ↗
Q3 2020	$2.6B	315	Oct 15, 2020	13F-HR	changes · EDGAR ↗
Q2 2020	$2.5B	288	Aug 18, 2020	13F-HR	changes · EDGAR ↗
Q1 2020	$1.9B	283	May 14, 2020	13F-HR	changes · EDGAR ↗
Q4 2019	$2.8B	362	Jan 15, 2020	13F-HR	changes · EDGAR ↗
Q3 2019	$2.6B	337	Oct 23, 2019	13F-HR	changes · EDGAR ↗
Q2 2019	$2.4B	316	Aug 12, 2019	13F-HR	changes · EDGAR ↗
Q1 2019	$2.3B	328	May 8, 2019	13F-HR	changes · EDGAR ↗
Q4 2018	$2.3B	315	Jan 3, 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 ↗.