Managers / Q1 2019 · 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

Q1 2019

Positions

328

Filings on Record

2019–present window

Filed

May 8, 2019

original filing

Summary

Formulafolio Investments, LLC reported $2.3B in U.S.-listed holdings across 328 positions for Q1 2019.

The portfolio is heavily concentrated: IVV alone accounts for 43.7% of reported value.

Portfolio Metrics

Top-10 Concentration

+86.3%

share of reported value

Largest Position

+43.7%

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 · 77.5% · $1.8B
Other · 16.6% · $379M
Common Stock · 5.7% · $129M
REIT · 0.1% · $2M
ADR · 0.1% · $2M
Closed-End Fund · 0.0% · $362,000

Quarter-over-Quarter Changes full breakdown →

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
NORTHERN LTS FD TR IV	NEW	+8.97M	8.97M	+$216M	$216M
ISHARES TR	NEW	+2.19M	2.19M	+$189M	$189M
IVV ISHARES TR	NEW	+552.2K	552.2K	+$157M	$157M
FREL FIDELITY	NEW	+4.79M	4.79M	+$124M	$124M
IEF ISHARES TR	NEW	+1.16M	1.16M	+$124M	$124M
ISHARES TR	NEW	+789.9K	789.9K	+$94M	$94M
ISHARES GOLD TRUST	NEW	+6.76M	6.76M	+$84M	$84M
IJR ISHARES TR	NEW	+853.5K	853.5K	+$66M	$66M

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

Holdings — Q1 2019

226 positions (from 328 filing rows — )

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	IVV ISHARES TR	IBOXX HI YD ETF · CORE S&P500 ETF · BARCLAYS 7 10 YR · IBOXX INV CP ETF · CORE S&P SCP ETF · CORE S&P MCP ETF · NATIONAL MUN ETF · CORE MSCI EAFE · US TREAS BD ETF · CORE US AGGBD ET · GLOBAL REIT ETF · 20 YR TR BD ETF · FLTG RATE NT ETF · CORE HIGH DV ETF · CORE S&P TTL STK · MSCI ACWI ETF · CRE U S REIT ETF · CORE DIV GRWTH · SHORT TREAS BD · CALIF MUN BD ETF · U.S. REAL ES ETF · INTL TREA BD ETF · TIPS BD ETF · 1 3 YR TREAS BD · MIN VOL USA ETF · CORE INTL AGGR · SHRT NAT MUN ETF · RUSSELL 2000 ETF · MBS ETF · SELECT DIVID ETF · NASDAQ BIOTECH · S&P 500 GRWT ETF · CORE MSCI TOTAL · RUS 1000 VAL ETF	43.74%	$998M	11.57M
2	NORTHERN LTS FD TR IV	FRMLAFOLIOS TATL · FORMULA FOLIOS · FRMLAFLIO TACT · FRMLAFLIO SMRT	16.18%	$369M	14.91M
3	FREL FIDELITY	MSCI RL EST ETF · MSCI HLTH CARE I · MSCI UTILS INDEX · CONSMR STAPLES · MSCI MATLS INDEX · LOW DURTIN ETF	8.78%	$200M	6.76M
4	ISHARES GOLD TRUST	ISHARES	3.67%	$84M	6.76M
5	SPYM SPDR SERIES TRUST	PORTFOLIO TL STK · PORTFOLIO LR ETF · PORTFOLIO MD ETF · PORTFOLIO LN TSR · PORTFOLIO AGRGTE · BLOOMBERG BRCLYS · FTSE INT GVT ETF · BLOMBERG INTL TR · AEROSPACE DEF	3.51%	$80M	2.33M
6	SSO PROSHARES TR	PSHS ULT S&P 500 · PSHS ULT MCAP400 · PSHS ULTRUSS2000 · S&P 500 DV ARIST	2.77%	$63M	1.02M
7	SCHR SCHWAB STRATEGIC TR	INTRM TRM TRES · US LRG CAP ETF · US BRD MKT ETF · US SML CAP ETF · US MID-CAP ETF · US AGGREGATE B · INTL EQTY ETF · US REIT ETF · EMRG MKTEQ ETF · SHT TM US TRES · US DIVIDEND EQ · US TIPS ETF	2.52%	$57M	1.10M
8	BBHY JP MORGAN EXCHANGE TRADED FD history →	DCPLND HG YLD	1.88%	$43M	850.4K
9	SJNK SPDR SER TR	PORTFOLIO SM ETF · BLOOMBERG SRT TR · NUVEEN BRC MUNIC · PRTFLO S&P500 HI · BLOMBERG 1 10 YR · BLOMBERG BRC INV	1.64%	$37M	1.27M
10	PFIG INVESCO EXCHNG TRADED FD TR	FNDMNTL IG CRP · FNDMNTL HY CRP	1.57%	$36M	1.57M
11	IEMG ISHARES INC history →	CORE MSCI EMKT	1.25%	$28M	550.7K
12	WORLD GOLD TR	SPDR GLD MINIS	1.09%	$25M	1.93M
13	FXH FIRST TR EXCHANGE TRADED FD	HLTH CARE ALPH · CONSUMR STAPLE · UTILITIES ALPH · MATERIALS ALPH · FIRST TR TA HIYL	1.06%	$24M	504.2K
14	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	0.65%	$15M	103.8K
15	RWO SPDR INDEX SHS FDS	DJ GLB RL ES ETF · PORTFOLIO EMG MK · LOW CARBON ETF	0.60%	$14M	314.9K
16	DBX ETF TR	XTRACK USD HIGH	0.60%	$14M	274.0K
17	VGIT VANGUARD SCOTTSDALE FDS	INTER TERM TREAS · SHORT TERM TREAS	0.35%	$8M	124.1K
18	RFDI FIRST TR EXCH TRADED FD III	RIVRFRNT DYN DEV	0.35%	$8M	140.3K
19	ABERDEEN STD GOLD ETF TR	PHYSCL SWISS GLD	0.32%	$7M	58.8K
20	RSPH INVESCO EXCHANGE TRADED FD T	S&P500 EQL HLT · S&P500 EQL UTL · S&P500 EQL STP · S&P500 EQL MAT · S&P500 EQL WGT · DYNMC PHRMCTLS	0.30%	$7M	53.6K
21	AAPL APPLE INC	COM	0.27%	$6M	32.4K
22	XLV SELECT SECTOR SPDR TR	SBI HEALTHCARE · SBI CONS STPLS · SBI INT-UTILS · RL EST SEL SEC · SBI MATERIALS · TECHNOLOGY	0.26%	$6M	90.3K
23	BA BOEING CO	COM	0.23%	$5M	13.5K
24	VHT VANGUARD WORLD FDS	HEALTH CAR ETF · CONSUM DIS ETF · CONSUM STP ETF · UTILITIES ETF · FINANCIALS ETF	0.21%	$5M	31.7K
25	WMT WALMART INC	COM	0.15%	$3M	35.0K
26	HD HOME DEPOT INC	COM	0.15%	$3M	17.4K
27	BRK/B BERKSHIRE HATHAWAY INC DEL	CL B NEW · CL A	0.14%	$3M	9.7K
28	AMZN AMAZON COM INC	COM	0.13%	$3M	1.7K
29	MSFT MICROSOFT CORP	COM	0.13%	$3M	24.9K
30	EXMOC EXXON MOBIL CORP	COM	0.13%	$3M	35.3K
31	QQQ INVESCO QQQ TR	UNIT SER 1	0.10%	$2M	13.0K
32	PTNQ PACER FDS TR	TRENDP 100 ETF · TRENDP US LAR CP · TRENDP US MID CP	0.10%	$2M	73.7K
33	PFE PFIZER INC	COM	0.10%	$2M	53.4K
34	CORP PIMCO ETF TR	INV GRD CRP BD	0.09%	$2M	20.6K
35	JNJ JOHNSON & JOHNSON	COM	0.08%	$2M	13.4K
36	T AT&T INC	COM	0.08%	$2M	59.3K
37	MCD MCDONALDS CORP	COM	0.08%	$2M	9.8K
38	LMT LOCKHEED MARTIN CORP	COM	0.08%	$2M	6.1K
39	ABBV ABBVIE INC	COM	0.08%	$2M	22.7K
40	CVX CHEVRON CORP NEW	COM	0.08%	$2M	14.2K
41	JPM JPMORGAN CHASE & CO	COM	0.07%	$2M	16.8K
42	HALO HALOZYME THERAPEUTICS INC	COM	0.07%	$2M	103.9K
43	VZ VERIZON COMMUNICATIONS INC	COM	0.07%	$2M	27.7K
44	SPY SPDR S&P 500 ETF TR	TR UNIT	0.07%	$2M	5.7K
45	DIS DISNEY WALT CO	COM DISNEY	0.07%	$2M	14.6K
46	COST COSTCO WHSL CORP NEW	COM	0.07%	$2M	6.5K
47	HON HONEYWELL INTL INC	COM	0.07%	$2M	9.7K
48	CAT CATERPILLAR INC DEL	COM	0.06%	$1M	10.8K
49	PG PROCTER AND GAMBLE CO	COM	0.06%	$1M	14.1K
50	INTC INTEL CORP	COM	0.06%	$1M	26.9K
51	PEP PEPSICO INC	COM	0.06%	$1M	11.7K
52	RAYTHEON CO	COM NEW	0.06%	$1M	7.7K
53	MO ALTRIA GROUP INC	COM	0.06%	$1M	24.4K
54	MMM 3M CO	COM	0.06%	$1M	6.7K
55	V VISA INC	COM CL A	0.06%	$1M	8.8K
56	TMO THERMO FISHER SCIENTIFIC INC	COM	0.06%	$1M	5.0K
57	UPS UNITED PARCEL SERVICE INC	CL B	0.06%	$1M	12.1K
58	CSCO CISCO SYS INC	COM	0.05%	$1M	22.6K
59	UNP UNION PACIFIC CORP	COM	0.05%	$1M	7.1K
60	PSX PHILLIPS 66	COM	0.05%	$1M	12.4K
61	WM WASTE MGMT INC DEL	COM	0.05%	$1M	11.3K
62	DE DEERE & CO	COM	0.05%	$1M	7.1K
63	NEE NEXTERA ENERGY INC	COM	0.05%	$1M	5.8K
64	DUK DUKE ENERGY CORP NEW	COM NEW	0.05%	$1M	12.4K
65	BABA ALIBABA GROUP HLDG LTD	SPONSORED ADS	0.05%	$1M	6.0K
66	AMGN AMGEN INC	COM	0.05%	$1M	5.7K
67	PM PHILIP MORRIS INTL INC	COM	0.05%	$1M	12.1K
68	ELDORADO RESORTS INC	COM	0.05%	$1M	22.7K
69	CRM SALESFORCE COM INC	COM	0.05%	$1M	6.7K
70	NOC NORTHROP GRUMMAN CORP	COM	0.04%	$1M	3.7K
71	ABT ABBOTT LABS	COM	0.04%	$998,000	12.5K
72	O REALTY INCOME CORP	COM	0.04%	$952,000	12.9K
73	GOOGL ALPHABET INC	CAP STK CL A · CAP STK CL C	0.04%	$928,000	789
74	IVOG VANGUARD ADMIRAL FDS INC	MIDCP 400 GRTH · 500 GRTH IDX F · MIDCP 400 VAL	0.04%	$880,000	6.5K
75	EDWARDS LIFESCIENCES CORP	COM	0.04%	$878,000	4.6K
76	MRK MERCK & CO INC	COM	0.04%	$853,000	10.3K
77	GLD SPDR GOLD TRUST	GOLD SHS	0.04%	$836,000	6.9K
78	ZTS ZOETIS INC	CL A	0.03%	$784,000	7.8K
79	VEA VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	0.03%	$775,000	19.0K
80	SYK STRYKER CORP	COM	0.03%	$768,000	3.9K
81	KO COCA COLA CO	COM	0.03%	$744,000	15.9K
82	RMD RESMED INC	COM	0.03%	$737,000	7.1K
83	VIG VANGUARD GROUP	DIV APP ETF	0.03%	$737,000	6.7K
84	NFLX NETFLIX INC	COM	0.03%	$715,000	2.0K
85	COP CONOCOPHILLIPS	COM	0.03%	$683,000	10.2K
86	VRTX VERTEX PHARMACEUTICALS INC	COM	0.03%	$674,000	3.7K
87	ILMN ILLUMINA INC	COM	0.03%	$660,000	2.1K
88	EMR EMERSON ELEC CO	COM	0.03%	$659,000	9.6K
89	POCT INNOVATOR ETFS TR	S&P 500 PWRETF	0.03%	$655,000	26.8K
90	IBM INTERNATIONAL BUSINESS MACHS	COM	0.03%	$647,000	4.6K
91	AMERICAN EQTY INVT LIFE HLD	COM	0.03%	$646,000	23.9K
92	META FACEBOOK INC	CL A	0.03%	$643,000	3.9K
93	BLACKROCK INC	COM	0.03%	$642,000	1.5K
94	D DOMINION ENERGY INC	COM	0.03%	$623,000	8.1K
95	UTXZ UNITED TECHNOLOGIES CORP	COM	0.03%	$611,000	4.7K
96	ADBE ADOBE INC	COM	0.03%	$610,000	2.3K
97	OKE ONEOK INC NEW	COM	0.03%	$594,000	8.5K
98	ABIOMED INC	COM	0.03%	$579,000	2.0K
99	BBY BEST BUY INC	COM	0.03%	$576,000	8.1K
100	IP INTL PAPER CO	COM	0.03%	$571,000	12.3K

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 ↗

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 ↗.