SEC 13F Intelligence

Managers / Q2 2019 · view latest →

FormulaFolio Investments, LLC

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

Reported Value
$2.4B
Q2 2019
Positions
316
Filings on Record
11
2019–present window
Filed
Aug 12, 2019
original filing

Summary

Formulafolio Investments, LLC reported $2.4B in U.S.-listed holdings across 316 positions for Q2 2019.

The portfolio is heavily concentrated: IVV alone accounts for 44.3% of reported value.

Compared with Q1 2019, the fund opened 43 new positions and exited 55.

Portfolio Metrics

Turnover
+7.7%
vs prior filed quarter
Top-10 Concentration
+87.4%
share of reported value
Largest Position
+44.3%
Ishares Tr
New / Exited
43 / 55
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, 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
Q4 ’18: $2.3BQ4 ’18Q1 ’19: $2.3BQ2 ’19: $2.4BQ2 ’19Q3 ’19: $2.6BQ4 ’19: $2.8BQ4 ’19Q1 ’20: $1.9BQ2 ’20: $2.5BQ2 ’20Q3 ’20: $2.6BQ1 ’21: $308MQ1 ’21Q2 ’21: $299Mfilingsflow.com

Portfolio Composition

By security type
ETP: 77.2%Other: 16.6%Common Stock: 5.9%REIT: 0.1%ADR: 0.1%Other: 0.1%
  • ETP · 77.2% · $1.8B
  • Other · 16.6% · $394M
  • Common Stock · 5.9% · $141M
  • REIT · 0.1% · $2M
  • ADR · 0.1% · $2M
  • Other · 0.1% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SHYGISHARES TRNEW+523.9K523.9K+$24M$24M
FTECFIDELITYNEW+237.4K237.4K+$15M$15M
SPDR SERIES TRUSTNEW+89.3K89.3K+$10M$10M
FXLFIRST TR EXCHANGE TRADED FDNEW+65.8K65.8K+$4M$4M
RSPTINVESCO EXCHANGE TRADED FD TNEW+5.8K5.8K+$1M$1M
EWEDWARDS LIFESCIENCES CORPNEW+4.6K4.6K+$854,000$854,000
HUMHUMANA INCNEW+3.2K3.2K+$844,000$844,000
PJULINNOVATOR ETFS TRNEW+27.8K27.8K+$717,000$717,000

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

Holdings — Q2 2019

214 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IVVISHARES TRIBOXX HI YD ETF · CORE S&P500 ETF · IBOXX INV CP ETF · BARCLAYS 7 10 YR · CORE S&P MCP ETF · CORE S&P SCP ETF · NATIONAL MUN ETF · CORE MSCI EAFE · CORE US AGGBD ET · GLOBAL REIT ETF · 0-5YR HI YL CP · US TREAS BD ETF · FLTG RATE NT ETF · CORE DIV GRWTH · CORE HIGH DV ETF · MSCI ACWI ETF · CRE U S REIT ETF · CORE S&P TTL STK · SHORT TREAS BD · 20 YR TR BD ETF · U.S. REAL ES ETF · INTL TREA BD ETF · CALIF MUN BD ETF · TIPS BD ETF · CORE INTL AGGR · MBS ETF · MIN VOL USA ETF · SHRT NAT MUN ETF · RUSSELL 2000 ETF · S&P MC 400GR ETF · MODERT ALLOC ETF · NASDAQ BIOTECH · 1 3 YR TREAS BD · SELECT DIVID ETF · CORE MSCI TOTAL · RUS 1000 VAL ETF44.30%$1.1B11.88M
2NORTHERN LTS FD TR IVFRMLAFOLIOS TATL · FORMULA FOLIOS · FRMLAFLIO SMRT · FRMLAFLIO TACT16.50%$392M15.53M
3FRELFIDELITYMSCI RL EST ETF · MSCI HLTH CARE I · MSCI INFO TECH I · MSCI UTILS INDEX · CONSMR STAPLES · LOW DURTIN ETF8.58%$204M6.54M
4SPYMSPDR SERIES TRUSTPORTFOLIO TL STK · PORTFOLIO LR ETF · PORTFOLIO SM ETF · PORTFOLIO MD ETF · BLOOMBERG SRT TR · BLOOMBERG BRCLYS · PORTFOLIO AGRGTE · PRTFLO S&P500 HI · PORTFOLIO LN TSR · BLOMBERG 1 10 YR · FTSE INT GVT ETF · BLOMBERG BRC INV · BLOMBERG INTL TR · AEROSPACE DEF · NUV HGHYLD MUN5.09%$121M3.49M
5ISHARES GOLD TRUSTISHARES3.78%$90M6.65M
6UWMPROSHARES TRPSHS ULTRUSS2000 · PSHS ULT MCAP400 · PSHS ULT S&P 500 · S&P 500 DV ARIST2.74%$65M1.02M
7SCHBSCHWAB STRATEGIC TRUS BRD MKT ETF · INTRM TRM TRES · US LRG CAP ETF · US MID-CAP ETF · US SML CAP ETF · INTL EQTY ETF · US AGGREGATE B · US REIT ETF · EMRG MKTEQ ETF · US DIVIDEND EQ · US LCAP GR ETF · US TIPS ETF · US LCAP VA ETF2.02%$48M891.2K
8PFIGINVESCO EXCHNG TRADED FD TRFNDMNTL IG CRP · FNDMNTL HY CRP1.78%$42M1.88M
9BBHYJP MORGAN EXCHANGE TRADED FDhistory →DCPLND HG YLD1.43%$34M666.1K
10IEMGISHARES INChistory →CORE MSCI EMKT1.23%$29M569.8K
11WORLD GOLD TRSPDR GLD MINIS1.13%$27M1.91M
12FXHFIRST TR EXCHANGE TRADED FDHLTH CARE ALPH · TECH ALPHADEX · UTILITIES ALPH · CONSUMR STAPLE1.03%$24M456.8K
13VTIVANGUARD INDEX FDSTOTAL STK MKT · MCAP GR IDXVIP · SM CP VAL ETF · S&P 500 ETF SHS · REAL ESTATE ETF · MID CAP ETF · GROWTH ETF0.60%$14M98.3K
14RWOSPDR INDEX SHS FDSDJ GLB RL ES ETF · PORTFOLIO EMG MK · LOW CARBON ETF0.60%$14M329.5K
15DBX ETF TRXTRACK USD HIGH0.57%$13M268.0K
16RFDIFIRST TR EXCH TRADED FD IIIRIVRFRNT DYN DEV0.37%$9M156.9K
17AAPLAPPLE INCCOM0.37%$9M44.4K
18ABERDEEN STD GOLD ETF TRPHYSCL GOLD SHS0.34%$8M59.3K
19RSPHINVESCO EXCHANGE TRADED FD TS&P500 EQL HLT · S&P500 EQL STP · S&P500 EQL UTL · S&P500 EQL TEC · S&P500 EQL WGT · DYNMC PHRMCTLS0.29%$7M48.0K
20XLVSELECT SECTOR SPDR TRSBI HEALTHCARE · TECHNOLOGY · SBI CONS STPLS · SBI INT-UTILS · RL EST SEL SEC0.27%$6M93.9K
21VHTVANGUARD WORLD FDSHEALTH CAR ETF · CONSUM DIS ETF · CONSUM STP ETF · UTILITIES ETF · INF TECH ETF0.22%$5M31.2K
22BABOEING COCOM0.19%$5M12.5K
23HDHOME DEPOT INCCOM0.17%$4M19.7K
24MCDMCDONALDS CORPCOM0.16%$4M18.6K
25VGITVANGUARD SCOTTSDALE FDSINTER TERM TREAS0.16%$4M58.4K
26WMTWALMART INCCOM0.16%$4M34.1K
27AMZNAMAZON COM INCCOM0.16%$4M2.0K
28MSFTMICROSOFT CORPCOM0.14%$3M24.1K
29BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A0.14%$3M9.1K
30QQQINVESCO QQQ TRUNIT SER 10.12%$3M15.1K
31SPYSPDR S&P 500 ETF TRTR UNIT0.11%$3M9.1K
32PTNQPACER FDS TRTRENDP 100 ETF · TRENDP US MID CP · TRENDP US LAR CP0.11%$3M81.0K
33LMTLOCKHEED MARTIN CORPCOM0.11%$3M7.0K
34DISDISNEY WALT COCOM DISNEY0.10%$2M16.2K
35JNJJOHNSON & JOHNSONCOM0.10%$2M16.3K
36TAT&T INCCOM0.09%$2M64.5K
37JPMJPMORGAN CHASE & COCOM0.09%$2M18.3K
38EXMOCEXXON MOBIL CORPCOM0.09%$2M26.7K
39HONHONEYWELL INTL INCCOM0.08%$2M11.3K
40CORPPIMCO ETF TRINV GRD CRP BD0.08%$2M17.9K
41VVISA INCCOM CL A0.08%$2M10.8K
42PFEPFIZER INCCOM0.08%$2M42.3K
43CVXCHEVRON CORP NEWCOM0.08%$2M14.6K
44VZVERIZON COMMUNICATIONS INCCOM0.07%$2M30.8K
45PGPROCTER AND GAMBLE COCOM0.07%$2M15.9K
46POCTINNOVATOR ETFS TRS&P 500 PWRETF0.07%$2M67.7K
47NOCNORTHROP GRUMMAN CORPCOM0.07%$2M5.2K
48PSXPHILLIPS 66COM0.07%$2M16.8K
49ABBVABBVIE INCCOM0.07%$2M21.4K
50GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.07%$2M1.4K
51PEPPEPSICO INCCOM0.06%$2M11.5K
52CATCATERPILLAR INC DELCOM0.06%$1M10.7K
53TMOTHERMO FISHER SCIENTIFIC INCCOM0.06%$1M4.9K
54WMWASTE MGMT INC DELCOM0.06%$1M11.7K
55UNPUNION PACIFIC CORPCOM0.06%$1M7.9K
56NEENEXTERA ENERGY INCCOM0.06%$1M6.4K
57BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.05%$1M7.7K
58MMM3M COCOM0.05%$1M7.3K
59ABTABBOTT LABSCOM0.05%$1M14.5K
60RAYTHEON COCOM NEW0.05%$1M7.0K
61DUKDUKE ENERGY CORP NEWCOM NEW0.05%$1M13.3K
62CRMSALESFORCE COM INCCOM0.05%$1M7.2K
63UPSUNITED PARCEL SERVICE INCCL B0.04%$1M10.3K
64OREALTY INCOME CORPCOM0.04%$1M15.4K
65DEDEERE & COCOM0.04%$1M6.4K
66INTCINTEL CORPCOM0.04%$1M22.0K
67CSCOCISCO SYS INCCOM0.04%$1M19.2K
68ELDORADO RESORTS INCCOM0.04%$1M22.7K
69MOALTRIA GROUP INCCOM0.04%$1M21.9K
70HALOHALOZYME THERAPEUTICS INCCOM0.04%$1M60.3K
71ELVANTHEM INCCOM0.04%$1M3.6K
72LOWLOWES COS INCCOM0.04%$994,0009.9K
73NFLXNETFLIX INCCOM0.04%$962,0002.6K
74COSTCOSTCO WHSL CORP NEWCOM0.04%$941,0003.6K
75KMIKINDER MORGAN INC DELCOM0.04%$916,00043.9K
76SOSOUTHERN COCOM0.04%$895,00016.2K
77METAFACEBOOK INCCL A0.04%$885,0004.6K
78EWEDWARDS LIFESCIENCES CORPCOM0.04%$854,0004.6K
79MRKMERCK & CO INCCOM0.04%$847,00010.1K
80PMPHILIP MORRIS INTL INCCOM0.04%$846,00010.8K
81HUMHUMANA INCCOM0.04%$844,0003.2K
82GLDSPDR GOLD TRUSTGOLD SHS0.04%$844,0006.3K
83ALLALLSTATE CORPCOM0.03%$831,0008.2K
84SYKSTRYKER CORPCOM0.03%$829,0004.0K
85DDOMINION ENERGY INCCOM0.03%$800,00010.3K
86ILMNILLUMINA INCCOM0.03%$794,0002.2K
87HIGHARTFORD FINL SVCS GROUP INCCOM0.03%$787,00014.1K
88KOCOCA COLA COCOM0.03%$777,00015.3K
89ADPAUTOMATIC DATA PROCESSING INCOM0.03%$728,0004.4K
90VEAVANGUARD TAX MANAGED INTL FDFTSE DEV MKT ETF0.03%$709,00017.0K
91AAGILENT TECHNOLOGIES INCCOM0.03%$689,0009.2K
92AMERICAN EQTY INVT LIFE HLDCOM0.03%$684,00025.2K
93BIIBBIOGEN INCCOM0.03%$683,0002.9K
94ADBEADOBE INCCOM0.03%$677,0002.3K
95IRMIRON MTN INC NEWCOM0.03%$658,00021.0K
96CICIGNA CORP NEWCOM0.03%$658,0004.2K
97OKEONEOK INC NEWCOM0.03%$646,0009.4K
98AFLAFLAC INCCOM0.03%$644,00011.8K
99UNHUNITEDHEALTH GROUP INCCOM0.03%$641,0002.6K
100ISRGINTUITIVE SURGICAL INCCOM NEW0.03%$638,0001.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2021$299M524Jul 28, 202113F-HRchanges · EDGAR ↗
Q1 2021$308M502May 28, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.6B315Oct 15, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.5B288Aug 18, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.9B283May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.8B362Jan 15, 202013F-HRchanges · EDGAR ↗
Q3 2019$2.6B337Oct 23, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.4B316Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.3B328May 8, 201913F-HRchanges · EDGAR ↗
Q4 2018$2.3B315Jan 3, 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 ↗.