SEC 13F Intelligence

Managers / Q4 2019 · view latest →

FormulaFolio Investments, LLC

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

Reported Value
$2.8B
Q4 2019
Positions
362
Filings on Record
11
2019–present window
Filed
Jan 15, 2020
original filing

Summary

Formulafolio Investments, LLC reported $2.8B in U.S.-listed holdings across 362 positions for Q4 2019.

The portfolio is heavily concentrated: IJR alone accounts for 33.4% of reported value.

Compared with Q3 2019, the fund opened 59 new positions and exited 34.

Portfolio Metrics

Turnover
+12.2%
vs prior filed quarter
Top-10 Concentration
+85.8%
share of reported value
Largest Position
+33.4%
Ishares Tr
New / Exited
59 / 34
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: 79.2%Other: 15.1%Common Stock: 5.5%REIT: 0.1%ADR: 0.1%Other: 0.0%
  • ETP · 79.2% · $2.2B
  • Other · 15.1% · $423M
  • Common Stock · 5.5% · $154M
  • REIT · 0.1% · $3M
  • ADR · 0.1% · $2M
  • Other · 0.0% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IGIBISHARES TRNEW+163.8K163.8K+$10M$10M
VTVANGUARD INTL EQUITY INDEX FNEW+116.3K116.3K+$9M$9M
QYLDGLOBAL X FDSNEW+182.5K182.5K+$4M$4M
YYYAMPLIFY ETF TRNEW+241.3K241.3K+$4M$4M
SPTISPDR SERIES TRUSTNEW+93.1K93.1K+$3M$3M
PTINPACER FDS TRNEW+66.5K66.5K+$2M$2M
PFFDGLOBAL X FDSNEW+67.3K67.3K+$2M$2M
NOCTINNOVATOR ETFS TRNEW+44.2K44.2K+$1M$1M

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

Holdings — Q4 2019

229 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IJRISHARES TRIBOXX HI YD ETF · IBOXX INV CP ETF · CORE S&P SCP ETF · CORE S&P500 ETF · BARCLAYS 7 10 YR · CORE MSCI EAFE · CORE US AGGBD ET · CORE S&P MCP ETF · GLOBAL REIT ETF · US TREAS BD ETF · CORE DIV GRWTH · CRE U S REIT ETF · 20 YR TR BD ETF · 0-5YR HI YL CP · S&P MC 400GR ETF · S&P 500 GRWT ETF · S&P SML 600 GWT · INTRM TR CRP ETF · S&P 500 VAL ETF · INTL TREA BD ETF · SHORT TREAS BD · SP SMCP600VL ETF · S&P MC 400VL ETF · MSCI EAFE ETF · U.S. REAL ES ETF · MSCI EMG MKT ETF · CALIF MUN BD ETF · NATIONAL MUN ETF · CONV BD ETF · MORTGE REL ETF · MSCI ACWI ETF · TIPS BD ETF · PFD AND INCM SEC · MSCI MIN VOL ETF · COHEN STEER REIT · MBS ETF · CORE MSCI TOTAL · 3 7 YR TREAS BD · RUSSELL 2000 ETF · EAFE GRWTH ETF · SHRT NAT MUN ETF · CORE HIGH DV ETF · NASDAQ BIOTECH · CORE S&P TTL STK · 1 3 YR TREAS BD · SELECT DIVID ETF · FLTG RATE NT ETF · SH TR CRPORT ETF · RUS 1000 VAL ETF33.45%$939M10.82M
2NORTHERN LTS FD TR IVFRMLAFOLIOS TATL · FORMULA FOLIOS · FRMLAFLIO TACT · FRMLAFLIO SMRT15.00%$421M16.11M
3SPYMSPDR SERIES TRUSTPORTFOLIO LR ETF · PORTFOLIO TL STK · PRTFLO S&P500 GW · PORTFOLIO AGRGTE · BLOOMBERG BRCLYS · PORTFOLIO SM ETF · PORTFOLIO MD ETF · PORTFOLIO LN TSR · FTSE INT GVT ETF · PORTFLI INTRMDIT · PRTFLO S&P500 VL · BLOMBERG 1 10 YR · PORTFLI MORTGAGE · PORTFOLIO SH TSR · PRTFLO S&P500 HI · BLOMBERG INTL TR · AEROSPACE DEF · NUVEEN BBG BRCLY10.73%$301M7.78M
4FRELFIDELITY COVINGTON TRMSCI RL EST ETF · MSCI HLTH CARE I · MSCI INFO TECH I · MSCI COMMNTN SVC · MSCI CONSM DIS · MSCI FINLS IDX9.09%$255M7.10M
5DBX ETF TRXTRACK USD HIGH4.73%$133M2.64M
6SCHMSCHWAB STRATEGIC TRUS MID-CAP ETF · US DIVIDEND EQ · INTRM TRM TRES · US BRD MKT ETF · US TIPS ETF · US LRG CAP ETF · US REIT ETF · US SML CAP ETF · INTL EQTY ETF · US AGGREGATE B · EMRG MKTEQ ETF · US LCAP GR ETF · US LCAP VA ETF3.70%$104M1.79M
7UWMPROSHARES TRPSHS ULTRUSS2000 · PSHS ULT S&P 500 · PSHS ULT MCAP400 · S&P 500 DV ARIST3.62%$102M1.41M
8ISHARES GOLD TRUSTISHARES2.87%$81M5.56M
9PFIGINVESCO EXCHNG TRADED FD TRFNDMNTL IG CRP · FNDMNTL HY CRP1.51%$42M1.88M
10BBHYJP MORGAN EXCHANGE TRADED FDhistory →HIGH YLD RESRCH1.10%$31M598.2K
11IEMGISHARES INChistory →CORE MSCI EMKT1.08%$30M561.8K
12RSPDINVESCO EXCHANGE TRADED FD TS&P500 EQL DIS · S&P 500A EQL · FINL PFD ETF · S&P500 EQL TEC · S&P500 EQL HLT · S&P500 EQL WGT0.91%$25M661.4K
13WORLD GOLD TRSPDR GLD MINIS0.85%$24M1.57M
14VTIVANGUARD INDEX FDSTOTAL STK MKT · MCAP GR IDXVIP · SM CP VAL ETF · S&P 500 ETF SHS · MCAP VL IDXVIP · SML CP GRW ETF · REAL ESTATE ETF · VALUE ETF · GROWTH ETF · SMALL CP ETF · MID CAP ETF0.72%$20M130.2K
15RWOSPDR INDEX SHS FDSPORTFOLIO EMG MK · DJ GLB RL ES ETF · PORTFOLIO DEVLPD0.69%$19M480.5K
16AAPLAPPLE INChistory →COM0.49%$14M46.7K
17PSEPINNOVATOR ETFS TRS&P 500 PWR · MSCI EAFE PWR · NASDAQ 100 PWR · RUSSELL 2000 P · S&P 500 POWER · S&P 500 PWR BU · MSCI EMGR MKT · S&P 500 PWRETF0.44%$12M464.8K
18RFDIFIRST TR EXCH TRADED FD IIIhistory →RIVRFRNT DYN DEV0.44%$12M203.7K
19FXLFIRST TR EXCHANGE TRADED FDTECH ALPHADEX · HLTH CARE ALPH0.39%$11M144.1K
20VTVANGUARD INTL EQUITY INDEX FTT WRLD ST ETF · FTSE EMR MKT ETF · ALLWRLD EX US0.36%$10M133.2K
21ABERDEEN STD GOLD ETF TRPHYSCL GOLD SHS0.32%$9M622.4K
22ONEQFIDELITY COMWLTH TRNDQ CP IDX TRK0.32%$9M25.7K
23XLVSELECT SECTOR SPDR TRSBI HEALTHCARE · TECHNOLOGY · COMMUNICATION · SBI CONS DISCR · RL EST SEL SEC0.27%$8M97.8K
24QQQINVESCO QQQ TRUNIT SER 10.24%$7M31.5K
25QYLDGLOBAL X FDSNASDAQ 100 COVER · US PFD ETF0.21%$6M249.8K
26VHTVANGUARD WORLD FDSHEALTH CAR ETF · CONSUM STP ETF · CONSUM DIS ETF · UTILITIES ETF · INF TECH ETF · FINANCIALS ETF0.21%$6M34.3K
27PTNQPACER FDS TRTRENDP 100 ETF · TRENDPILOT INTL · TRENDP US MID CP · TRENDP US LAR CP0.20%$6M177.3K
28MSFTMICROSOFT CORPCOM0.16%$5M28.6K
29WMTWALMART INCCOM0.16%$4M37.3K
30YYYAMPLIFY ETF TRHIGH INCOME0.15%$4M241.3K
31AMZNAMAZON COM INCCOM0.15%$4M2.2K
32BABOEING COCOM0.15%$4M12.5K
33VGITVANGUARD SCOTTSDALE FDSINTER TERM TREAS0.14%$4M60.4K
34MCDMCDONALDS CORPCOM0.14%$4M19.7K
35FLDRFIDELITYLOW DURTIN ETF0.13%$4M71.3K
36JNJJOHNSON & JOHNSONCOM0.11%$3M20.9K
37SPYSPDR S&P 500 ETF TRTR UNIT0.10%$3M9.1K
38DISDISNEY WALT COCOM DISNEY0.10%$3M19.3K
39LMTLOCKHEED MARTIN CORPCOM0.10%$3M7.1K
40HDHOME DEPOT INCCOM0.09%$3M11.9K
41JPMJPMORGAN CHASE & COCOM0.09%$2M17.7K
42TAT&T INCCOM0.09%$2M61.7K
43BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A0.08%$2M8.8K
44VZVERIZON COMMUNICATIONS INCCOM0.08%$2M37.9K
45ABBVABBVIE INCCOM0.08%$2M26.1K
46GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.08%$2M1.7K
47PGPROCTER & GAMBLE COCOM0.08%$2M17.8K
48EXMOCEXXON MOBIL CORPCOM0.08%$2M31.8K
49CVXCHEVRON CORP NEWCOM0.07%$2M17.2K
50VVISA INCCOM CL A0.07%$2M11.0K
51WMWASTE MGMT INC DELCOM0.07%$2M17.4K
52INTCINTEL CORPCOM0.06%$2M28.7K
53HONHONEYWELL INTL INCCOM0.06%$2M9.0K
54PEPPEPSICO INCCOM0.06%$2M11.7K
55PFEPFIZER INCCOM0.06%$2M39.4K
56BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.05%$2M7.2K
57PSXPHILLIPS 66COM0.05%$2M13.6K
58NEENEXTERA ENERGY INCCOM0.05%$1M6.2K
59RAYTHEON COCOM NEW0.05%$1M6.6K
60CORPPIMCO ETF TRINV GRD CRP BD0.05%$1M12.7K
61CATCATERPILLAR INC DELCOM0.05%$1M9.3K
62NVDANVIDIA CORPCOM0.05%$1M5.8K
63OREALTY INCOME CORPCOM0.05%$1M18.2K
64CRMSALESFORCE COM INCCOM0.05%$1M8.0K
65TMOTHERMO FISHER SCIENTIFIC INCCOM0.05%$1M4.0K
66DUKDUKE ENERGY CORP NEWCOM NEW0.05%$1M14.0K
67ABTABBOTT LABSCOM0.04%$1M14.1K
68UPSUNITED PARCEL SERVICE INCCL B0.04%$1M10.4K
69LOWLOWES COS INCCOM0.04%$1M10.1K
70UNPUNION PACIFIC CORPCOM0.04%$1M6.5K
71ELDORADO RESORTS INCCOM0.04%$1M19.1K
72COSTCOSTCO WHSL CORP NEWCOM0.04%$1M3.7K
73HALOHALOZYME THERAPEUTICS INCCOM0.04%$1M60.3K
74LLYLILLY ELI & COCOM0.04%$1M8.0K
75DDOMINION ENERGY INCCOM0.04%$1M12.3K
76NOCNORTHROP GRUMMAN CORPCOM0.04%$1M3.0K
77METAFACEBOOK INCCL A0.04%$1M4.9K
78GLDSPDR GOLD TRUSTGOLD SHS0.04%$985,0006.9K
79MOALTRIA GROUP INCCOM0.03%$948,00019.0K
80MRKMERCK & CO INCCOM0.03%$915,00010.1K
81DEDEERE & COCOM0.03%$896,0005.2K
82IRMIRON MTN INC NEWCOM0.03%$885,00027.8K
83CSCOCISCO SYS INCCOM0.03%$875,00018.3K
84PMPHILIP MORRIS INTL INCCOM0.03%$837,0009.8K
85SYKSTRYKER CORPCOM0.03%$819,0003.9K
86ZTSZOETIS INCCL A0.03%$819,0006.2K
87IDXXIDEXX LABS INCCOM0.03%$808,0003.1K
88UNHUNITEDHEALTH GROUP INCCOM0.03%$795,0002.7K
89ADBEADOBE INCCOM0.03%$786,0002.4K
90VEAVANGUARD TAX MANAGED INTL FDFTSE DEV MKT ETF0.03%$785,00017.8K
91BNDVANGUARD BD INDEX FD INCTOTAL BND MRKT0.03%$779,0009.3K
92MMM3M COCOM0.03%$756,0004.3K
93FISVFISERV INCCOM0.03%$755,0006.5K
94EMREMERSON ELEC COCOM0.03%$754,0009.9K
95AMGNAMGEN INCCOM0.03%$734,0003.0K
96BAXBAXTER INTL INCCOM0.03%$730,0008.7K
97BIIBBIOGEN INCCOM0.03%$729,0002.5K
98AMERICAN EQTY INVT LIFE HLDCOM0.03%$722,00024.1K
99AAGILENT TECHNOLOGIES INCCOM0.03%$720,0008.4K
100OKEONEOK INC NEWCOM0.03%$712,0009.4K

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 ↗
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 ↗.