SEC 13F Intelligence

Managers / Q3 2019 · view latest →

FormulaFolio Investments, LLC

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

Reported Value
$2.6B
Q3 2019
Positions
337
Filings on Record
11
2019–present window
Filed
Oct 23, 2019
original filing

Summary

Formulafolio Investments, LLC reported $2.6B in U.S.-listed holdings across 337 positions for Q3 2019.

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

Compared with Q2 2019, the fund opened 71 new positions and exited 50.

Portfolio Metrics

Turnover
+8.1%
vs prior filed quarter
Top-10 Concentration
+87.1%
share of reported value
Largest Position
+44.3%
Ishares Tr
New / Exited
71 / 50
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
Q1 ’19: $2.3BQ1 ’19Q2 ’19: $2.4BQ3 ’19: $2.6BQ3 ’19Q4 ’19: $2.8BQ1 ’20: $1.9BQ1 ’20Q2 ’20: $2.5BQ3 ’20: $2.6BQ3 ’20Q1 ’21: $308MQ2 ’21: $299MQ2 ’21filingsflow.com

Portfolio Composition

By security type
ETP: 78.6%Other: 15.7%Common Stock: 5.4%REIT: 0.1%ADR: 0.1%Other: 0.1%
  • ETP · 78.6% · $2.0B
  • Other · 15.7% · $407M
  • Common Stock · 5.4% · $139M
  • REIT · 0.1% · $3M
  • ADR · 0.1% · $2M
  • Other · 0.1% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FDISFIDELITY COVINGTON TRNEW+447.6K447.6K+$20M$20M
FCOMFIDELITY COVINGTON TRNEW+615.5K615.5K+$20M$20M
IVWISHARES TRNEW+105.5K105.5K+$19M$19M
SPYGSPDR SERIES TRUSTNEW+200.4K200.4K+$8M$8M
IJTISHARES TRNEW+40.9K40.9K+$7M$7M
RSPDINVESCO EXCHANGE TRADED FD TNEW+67.4K67.4K+$7M$7M
RSPCINVESCO EXCHANGE TRADED FD TNEW+278.1K278.1K+$7M$7M
IVEISHARES TRNEW+45.7K45.7K+$5M$5M

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

Holdings — Q3 2019

215 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 SCP ETF · CORE S&P MCP ETF · CORE US AGGBD ET · CORE MSCI EAFE · GLOBAL REIT ETF · US TREAS BD ETF · CORE DIV GRWTH · S&P 500 GRWT ETF · 20 YR TR BD ETF · SHORT TREAS BD · 0-5YR HI YL CP · CRE U S REIT ETF · MSCI ACWI ETF · S&P MC 400GR ETF · INTL TREA BD ETF · S&P SML 600 GWT · CORE HIGH DV ETF · TIPS BD ETF · U.S. REAL ES ETF · S&P 500 VAL ETF · MSCI EAFE ETF · MSCI EMG MKT ETF · NATIONAL MUN ETF · CALIF MUN BD ETF · MBS ETF · MSCI MIN VOL ETF · CORE INTL AGGR · S&P MC 400VL ETF · SP SMCP600VL ETF · COHEN STEER REIT · MORTGE REL ETF · 3 7 YR TREAS BD · SHRT NAT MUN ETF · PFD AND INCM SEC · RUSSELL 2000 ETF · FLTG RATE NT ETF · CONV BD ETF · CORE S&P TTL STK · NASDAQ BIOTECH · SELECT DIVID ETF · 1 3 YR TREAS BD · CORE MSCI TOTAL · RUS 1000 VAL ETF · JPMORGAN USD EMG44.25%$1.1B12.25M
2NORTHERN LTS FD TR IVFRMLAFOLIOS TATL · FORMULA FOLIOS · FRMLAFLIO TACT · FRMLAFLIO SMRT15.57%$403M15.80M
3FRELFIDELITY COVINGTON TRMSCI RL EST ETF · MSCI HLTH CARE I · MSCI INFO TECH I · MSCI CONSM DIS · MSCI COMMNTN SVC · MSCI FINLS IDX8.82%$228M6.84M
4SPYMSPDR SERIES TRUSTPORTFOLIO LR ETF · PORTFOLIO TL STK · PORTFOLIO MD ETF · PORTFOLIO SM ETF · PORTFOLIO AGRGTE · BLOOMBERG BRCLYS · PRTFLO S&P500 GW · PORTFOLIO LN TSR · PRTFLO S&P500 HI · BLOMBERG 1 10 YR · FTSE INT GVT ETF · PORTFOLIO CRPORT · PORTFOLIO SH TSR · PRTFLO S&P500 VL · PORTFLI TIPS ETF · AEROSPACE DEF · BLMBRG BRC CNVRT · BLOMBERG INTL TR · PORTFLI MORTGAGE · S&P 400 MDCP GRW · NUV HGHYLD MUN5.85%$151M4.24M
5ISHARES GOLD TRUSTISHARES3.24%$84M5.95M
6MVVPROSHARES TRPSHS ULT MCAP400 · PSHS ULTRUSS2000 · PSHS ULT S&P 500 · S&P 500 DV ARIST2.60%$67M1.09M
7DBX ETF TRXTRACK USD HIGH2.26%$59M1.17M
8SCHRSCHWAB STRATEGIC TRINTRM TRM TRES · US BRD MKT ETF · US LRG CAP ETF · US MID-CAP ETF · US SML CAP ETF · US REIT ETF · INTL EQTY ETF · US AGGREGATE B · EMRG MKTEQ ETF · US DIVIDEND EQ · US LCAP GR ETF · US TIPS ETF · US LCAP VA ETF1.69%$44M808.4K
9PFIGINVESCO EXCHNG TRADED FD TRFNDMNTL IG CRP · FNDMNTL HY CRP · PFD ETF1.66%$43M1.90M
10BBHYJP MORGAN EXCHANGE TRADED FDhistory →HIGH YLD RESRCH1.17%$30M591.6K
11IEMGISHARES INChistory →CORE MSCI EMKT1.08%$28M571.5K
12WORLD GOLD TRSPDR GLD MINIS0.94%$24M1.65M
13RSPDINVESCO EXCHANGE TRADED FD TS&P500 EQL DIS · S&P 500A EQL · FINL PFD ETF · S&P500 EQL HLT · S&P500 EQL TEC · S&P500 EQL WGT · DYNMC PHRMCTLS0.86%$22M552.0K
14FXHFIRST TR EXCHANGE TRADED FDHLTH CARE ALPH · TECH ALPHADEX0.65%$17M236.7K
15RWOSPDR INDEX SHS FDSPORTFOLIO EMG MK · DJ GLB RL ES ETF · PORTFOLIO DEVLPD · LOW CARBON ETF0.63%$16M395.6K
16VTIVANGUARD INDEX FDSTOTAL STK MKT · MCAP GR IDXVIP · SM CP VAL ETF · S&P 500 ETF SHS · REAL ESTATE ETF · GROWTH ETF0.52%$13M91.0K
17RFDIFIRST TR EXCH TRADED FD IIIhistory →RIVRFRNT DYN DEV0.39%$10M180.0K
18AAPLAPPLE INCCOM0.36%$9M41.6K
19ABERDEEN STD GOLD ETF TRPHYSCL GOLD SHS0.28%$7M50.6K
20XLVSELECT SECTOR SPDR TRSBI HEALTHCARE · TECHNOLOGY · RL EST SEL SEC · SBI CONS DISCR · COMMUNICATION0.27%$7M97.1K
21VHTVANGUARD WORLD FDSHEALTH CAR ETF · CONSUM STP ETF · CONSUM DIS ETF · UTILITIES ETF · INF TECH ETF0.20%$5M31.2K
22SPYSPDR S&P 500 ETF TRTR UNIT0.19%$5M16.8K
23ONEQFIDELITY COMWLTH TRNDQ CP IDX TRK0.19%$5M15.5K
24BABOEING COCOM0.18%$5M12.5K
25WMTWALMART INCCOM0.17%$4M37.0K
26POCTINNOVATOR ETFS TRS&P 500 PWRETF · MSCI EMGR MKT · MSCI EAFE PWR0.16%$4M167.2K
27VGITVANGUARD SCOTTSDALE FDSINTER TERM TREAS0.16%$4M62.3K
28MCDMCDONALDS CORPCOM0.16%$4M18.8K
29MSFTMICROSOFT CORPCOM0.15%$4M28.7K
30AMZNAMAZON COM INCCOM0.14%$4M2.1K
31HDHOME DEPOT INCCOM0.12%$3M13.8K
32QQQINVESCO QQQ TRUNIT SER 10.12%$3M15.8K
33LMTLOCKHEED MARTIN CORPCOM0.11%$3M7.1K
34TAT&T INCCOM0.10%$3M69.9K
35BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A0.10%$3M9.7K
36DISDISNEY WALT COCOM DISNEY0.10%$3M20.0K
37JNJJOHNSON & JOHNSONCOM0.10%$3M19.7K
38EXMOCEXXON MOBIL CORPCOM0.09%$2M32.3K
39VZVERIZON COMMUNICATIONS INCCOM0.09%$2M37.3K
40HYGVFLEXSHARES TRHIG YLD VL ETF0.08%$2M45.2K
41EXCHANGE TRADED CONCEPTS TRYLD SHS HGH INC0.08%$2M122.7K
42JPMJPMORGAN CHASE & COCOM0.08%$2M18.5K
43PGPROCTER & GAMBLE COCOM0.08%$2M16.9K
44GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.08%$2M1.7K
45PEPPEPSICO INCCOM0.08%$2M14.9K
46CORPPIMCO ETF TRINV GRD CRP BD0.07%$2M16.5K
47ABBVABBVIE INCCOM0.07%$2M23.4K
48VVISA INCCOM CL A0.07%$2M10.1K
49CVXCHEVRON CORP NEWCOM0.06%$2M14.1K
50PTNQPACER FDS TRTRENDP 100 ETF · TRENDP US MID CP0.06%$2M47.8K
51WMWASTE MGMT INC DELCOM0.06%$2M13.9K
52HONHONEYWELL INTL INCCOM0.06%$2M9.0K
53INTCINTEL CORPCOM0.06%$2M29.2K
54NEENEXTERA ENERGY INCCOM0.06%$1M6.4K
55PFEPFIZER INCCOM0.06%$1M40.0K
56TMOTHERMO FISHER SCIENTIFIC INCCOM0.06%$1M4.9K
57PSXPHILLIPS 66COM0.05%$1M13.8K
58OREALTY INCOME CORPCOM0.05%$1M18.3K
59UPSUNITED PARCEL SERVICE INCCL B0.05%$1M11.7K
60DUKDUKE ENERGY CORP NEWCOM NEW0.05%$1M14.2K
61BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.05%$1M7.9K
62RAYTHEON COCOM NEW0.05%$1M6.7K
63CATCATERPILLAR INC DELCOM0.05%$1M9.8K
64ABTABBOTT LABSCOM0.05%$1M14.7K
65CRMSALESFORCE COM INCCOM0.04%$1M7.4K
66UNPUNION PACIFIC CORPCOM0.04%$1M6.6K
67LOWLOWES COS INCCOM0.04%$1M9.4K
68COSTCOSTCO WHSL CORP NEWCOM0.04%$1M3.6K
69PMPHILIP MORRIS INTL INCCOM0.04%$1M13.4K
70DDOMINION ENERGY INCCOM0.04%$1M12.5K
71QTECFIRST TR NASDAQ100 TECH INDESHS0.04%$1M11.5K
72ELVANTHEM INCCOM0.04%$987,0004.1K
73HALOHALOZYME THERAPEUTICS INCCOM0.04%$935,00060.3K
74UNHUNITEDHEALTH GROUP INCCOM0.04%$930,0004.3K
75MOALTRIA GROUP INCCOM0.04%$930,00022.7K
76CSCOCISCO SYS INCCOM0.04%$927,00018.8K
77KMIKINDER MORGAN INC DELCOM0.04%$922,00044.8K
78MMM3M COCOM0.04%$913,0005.6K
79ELDORADO RESORTS INCCOM0.03%$905,00022.7K
80FLDRFIDELITYLOW DURTIN ETF0.03%$898,00017.7K
81IRMIRON MTN INC NEWCOM0.03%$889,00027.4K
82DEDEERE & COCOM0.03%$859,0005.1K
83MRKMERCK & CO INCCOM0.03%$850,00010.1K
84METAFACEBOOK INCCL A0.03%$838,0004.7K
85GLDSPDR GOLD TRUSTGOLD SHS0.03%$809,0005.8K
86UTGREAVES UTIL INCOME FDCOM SH BEN INT0.03%$803,00021.9K
87KOCOCA COLA COCOM0.03%$784,00014.4K
88AMGNAMGEN INCCOM0.03%$781,0004.0K
89NOCNORTHROP GRUMMAN CORPCOM0.03%$760,0002.0K
90HUMHUMANA INCCOM0.03%$754,0003.0K
91OKEONEOK INC NEWCOM0.03%$752,00010.2K
92VEAVANGUARD TAX MANAGED INTL FDFTSE DEV MKT ETF0.03%$750,00018.3K
93ADPAUTOMATIC DATA PROCESSING INCOM0.03%$702,0004.3K
94AAGILENT TECHNOLOGIES INCCOM0.03%$692,0009.0K
95LHXL3HARRIS TECHNOLOGIES INCCOM0.03%$691,0003.3K
96IDXXIDEXX LABS INCCOM0.03%$660,0002.4K
97FISVFISERV INCCOM0.03%$658,0006.4K
98TGTTARGET CORPCOM0.02%$640,0006.0K
99ADBEADOBE INCCOM0.02%$639,0002.3K
100EMREMERSON ELEC COCOM0.02%$631,0009.4K

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 ↗

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 ↗.