Managers / Q2 2020 · view latest →

FormulaFolio Investments, LLC

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

Reported Value

$2.5B

Q2 2020

Positions

288

Filings on Record

2019–present window

Filed

Aug 18, 2020

original filing

Summary

Formulafolio Investments, LLC reported $2.5B in U.S.-listed holdings across 288 positions for Q2 2020.

The portfolio is heavily concentrated: SPTI alone accounts for 20.7% of reported value.

Compared with Q1 2020, the fund opened 54 new positions and exited 49.

Portfolio Metrics

Turnover

+15.7%

vs prior filed quarter

Top-10 Concentration

+85.4%

share of reported value

Largest Position

+20.7%

Spdr

New / Exited

54 / 49

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

Portfolio Composition

By security type

ETP · 78.3% · $1.9B
Other · 15.6% · $384M
Common Stock · 5.9% · $145M
REIT · 0.1% · $2M
ADR · 0.0% · $789,000
Other · 0.0% · $656,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
HYMB SPDR SER TR	NEW	+1.98M	1.98M	+$112M	$112M
UWM PROSHARES TR	NEW	+253.3K	253.3K	+$12M	$12M
MVV PROSHARES TR	NEW	+419.9K	419.9K	+$12M	$12M
SSO PROSHARES TR	NEW	+94.3K	94.3K	+$12M	$12M
HYGV FLEXSHARES TR	NEW	+132.4K	132.4K	+$6M	$6M
BKLN INVESCO EXCHANGE-TRADED FD T	NEW	+273.0K	273.0K	+$6M	$6M
SYY SYSCO CORP	NEW	+20.8K	20.8K	+$1M	$1M
VUG VANGUARD INDEX FDS	NEW	+5.4K	5.4K	+$1M	$1M

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

Holdings — Q2 2020

195 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	SPTI SPDR SER TR	PORTFLI INTRMDIT · NUVEEN BBG BRCLY · PRTFLO S&P500 GW · PORTFOLIO S&P500 · PORTFOLI S&P1500 · PORTFOLIO LN TSR · BLOMBERG INTL TR · PORTFOLIO SH TSR · PORTFLI MORTGAGE · PORTFOLIO AGRGTE · BLOOMBERG BRCLYS · PRTFLO S&P500 VL · PORTFOLIO S&P600 · PORTFOLIO S&P400 · FTSE INT GVT ETF · BLOMBERG 1 10 YR · PRTFLO S&P500 HI	20.74%	$509M	12.84M
2	IGIB ISHARES TR	INTRM TR CRP ETF · CORE S&P SCP ETF · IBOXX INV CP ETF · CORE S&P500 ETF · CORE US AGGBD ET · BARCLAYS 7 10 YR · CONV BD ETF · 3 7 YR TREAS BD · SHORT TREAS BD · CORE S&P MCP ETF · CORE MSCI EAFE · CORE DIV GRWTH · US TREAS BD ETF · 20 YR TR BD ETF · IBOXX HI YD ETF · GNMA BOND ETF · CALIF MUN BD ETF · NATIONAL MUN ETF · INTL TREA BD ETF · S&P 500 GRWT ETF · TIPS BD ETF · 0-5YR HI YL CP · 1 3 YR TREAS BD · MSCI ACWI ETF · RUSSELL 3000 ETF · CRE U S REIT ETF · RUSSELL 2000 ETF · MBS ETF · U.S. REAL ES ETF · CORE S&P US GWT · SH TR CRPORT ETF · CORE S&P TTL STK · FLTG RATE NT ETF · MSCI EAFE ETF	15.87%	$389M	5.13M
3	NORTHERN LTS FD TR IV	FRMLAFOLIOS TATL · FRMLAFLIO TACT · FRMLAFLIO SMRT · FORMULA FOLIOS	15.60%	$383M	15.93M
4	DBX ETF TR	XTRACK USD HIGH	8.35%	$205M	4.38M
5	VGIT VANGUARD SCOTTSDALE FDS	INTER TERM TREAS · SHORT TERM TREAS	7.06%	$173M	2.48M
6	FREL FIDELITY COVINGTON TR	MSCI RL EST ETF · MSCI INFO TECH I · CONSMR STAPLES · MSCI HLTH CARE I · MSCI UTILS INDEX	5.60%	$137M	3.83M
7	BND VANGUARD BD INDEX FDS	TOTAL BND MRKT · SHORT TRM BOND	4.39%	$108M	1.22M
8	SCHM SCHWAB STRATEGIC TR	US MID-CAP ETF · US TIPS ETF · US DIVIDEND EQ · US AGGREGATE B · INTRM TRM TRES · US LRG CAP ETF · US BRD MKT ETF · US SML CAP ETF · INTL EQTY ETF · US LCAP GR ETF · EMRG MKTEQ ETF · US REIT ETF · US LCAP VA ETF	4.31%	$106M	1.96M
9	ABERDEEN STD GOLD ETF TR	PHYSCL GOLD SHS	1.75%	$43M	2.51M
10	SPDW SPDR INDEX SHS FDS	PORTFOLIO DEVLPD · PORTFOLIO EMG MK	1.73%	$43M	1.43M
11	QQQ INVESCO QQQ TR history →	UNIT SER 1	1.62%	$40M	160.5K
12	UWM PROSHARES TR	PSHS ULTRUSS2000 · PSHS ULT MCAP400 · PSHS ULT S&P 500 · SHORT S&P 500 NE	1.49%	$36M	777.2K
13	SWAN AMPLIFY ETF TR history →	BLACKSWAN GRWT	0.86%	$21M	685.2K
14	VOT VANGUARD INDEX FDS	MCAP GR IDXVIP · TOTAL STK MKT · SML CP GRW ETF · GROWTH ETF · VALUE ETF · S&P 500 ETF SHS · SM CP VAL ETF · MCAP VL IDXVIP · REAL ESTATE ETF · SMALL CP ETF	0.73%	$18M	116.1K
15	PTLC PACER FDS TR	TRENDP US LAR CP · TRENDPILOT INTL · TRENDP 100 ETF	0.62%	$15M	565.0K
16	AAPL APPLE INC history →	COM	0.61%	$15M	41.3K
17	QYLD GLOBAL X FDS	NASDAQ 100 COVER · US PFD ETF	0.48%	$12M	527.3K
18	ISHARES GOLD TRUST	ISHARES	0.40%	$10M	573.4K
19	PFIG INVESCO EXCH TRADED FD TR II	FNDMNTL IG CRP · FNDMNTL HY CRP	0.33%	$8M	316.2K
20	HYGV FLEXSHARES TR	HIG YLD VL ETF · READY ACC VARI	0.28%	$7M	143.3K
21	IEMG ISHARES INC	CORE MSCI EMKT	0.27%	$7M	139.0K
22	VT VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF · FTSE EMR MKT ETF	0.25%	$6M	89.3K
23	MSFT MICROSOFT CORP	COM	0.24%	$6M	29.5K
24	BKLN INVESCO EXCHANGE-TRADED FD T	SR LN ETF	0.24%	$6M	273.0K
25	AMZN AMAZON COM INC	COM	0.23%	$6M	2.1K
26	WMT WALMART INC	COM	0.22%	$5M	45.3K
27	MCD MCDONALDS CORP	COM	0.13%	$3M	17.5K
28	JNJ JOHNSON & JOHNSON	COM	0.12%	$3M	21.7K
29	UPS UNITED PARCEL SERVICE INC	CL B	0.12%	$3M	26.1K
30	DIS DISNEY WALT CO	COM DISNEY	0.12%	$3M	26.0K
31	GUSH DIREXION SHS ETF TR	OIL GAS BL 2X SH · DAILY JR GLD MIN · DLY FIN BULL NEW	0.12%	$3M	77.5K
32	SPY SPDR S&P 500 ETF TR	TR UNIT	0.11%	$3M	8.9K
33	JPM JPMORGAN CHASE & CO	COM	0.11%	$3M	28.7K
34	GOOGL ALPHABET INC	CAP STK CL A · CAP STK CL C	0.11%	$3M	1.8K
35	WM WASTE MGMT INC DEL	COM	0.11%	$3M	24.4K
36	VZ VERIZON COMMUNICATIONS INC	COM	0.10%	$3M	46.3K
37	ABBV ABBVIE INC	COM	0.10%	$2M	24.5K
38	PFE PFIZER INC	COM	0.10%	$2M	72.1K
39	LMT LOCKHEED MARTIN CORP	COM	0.09%	$2M	6.3K
40	ONEQ FIDELITY COMWLTH TR	NDQ CP IDX TRK	0.09%	$2M	5.8K
41	V VISA INC	COM CL A	0.09%	$2M	10.9K
42	PG PROCTER AND GAMBLE CO	COM	0.09%	$2M	17.5K
43	VIG VANGUARD SPECIALIZED FUNDS	DIV APP ETF	0.08%	$2M	17.5K
44	NVDA NVIDIA CORPORATION	COM	0.08%	$2M	5.1K
45	T AT&T INC	COM	0.08%	$2M	61.2K
46	BRK/B BERKSHIRE HATHAWAY INC DEL	CL B NEW	0.07%	$2M	10.2K
47	MA MASTERCARD INCORPORATED	CL A	0.07%	$2M	6.1K
48	HON HONEYWELL INTL INC	COM	0.07%	$2M	12.2K
49	INTC INTEL CORP	COM	0.07%	$2M	29.3K
50	TMO THERMO FISHER SCIENTIFIC INC	COM	0.07%	$2M	4.8K
51	LOW LOWES COS INC	COM	0.07%	$2M	12.7K
52	COST COSTCO WHSL CORP NEW	COM	0.07%	$2M	5.5K
53	NEE NEXTERA ENERGY INC	COM	0.07%	$2M	7.0K
54	EXMOC EXXON MOBIL CORP	COM	0.07%	$2M	36.9K
55	WORLD GOLD TR	SPDR GLD MINIS	0.07%	$2M	91.6K
56	HALO HALOZYME THERAPEUTICS INC	COM	0.07%	$2M	60.3K
57	HD HOME DEPOT INC	COM	0.06%	$2M	6.2K
58	CRM SALESFORCE COM INC	COM	0.06%	$1M	7.9K
59	VEA VANGUARD TAX-MANAGED FDS	FTSE DEV MKT ETF	0.06%	$1M	36.8K
60	TROW PRICE T ROWE GROUP INC	COM	0.06%	$1M	11.5K
61	CORP PIMCO ETF TR	INV GRD CRP BD	0.05%	$1M	11.7K
62	NFLX NETFLIX INC	COM	0.05%	$1M	2.9K
63	CLX CLOROX CO DEL	COM	0.05%	$1M	5.9K
64	META FACEBOOK INC	CL A	0.05%	$1M	5.7K
65	RFDI FIRST TR EXCH TRADED FD III	RIVRFRNT DYN DEV	0.05%	$1M	23.5K
66	PEP PEPSICO INC	COM	0.05%	$1M	9.1K
67	MRK MERCK & CO. INC	COM	0.05%	$1M	15.5K
68	D DOMINION ENERGY INC	COM	0.05%	$1M	14.1K
69	CVX CHEVRON CORP NEW	COM	0.05%	$1M	12.8K
70	LLY LILLY ELI & CO	COM	0.05%	$1M	7.0K
71	SYY SYSCO CORP	COM	0.05%	$1M	20.8K
72	BA BOEING CO	COM	0.05%	$1M	6.1K
73	ABT ABBOTT LABS	COM	0.04%	$1M	12.0K
74	TWO RDS SHARED TR	LDRSHS ALPFACT	0.04%	$1M	46.5K
75	DUK DUKE ENERGY CORP NEW	COM NEW	0.04%	$1M	13.5K
76	ADBE ADOBE INC	COM	0.04%	$1M	2.5K
77	RTX RAYTHEON TECHNOLOGIES CORP	COM	0.04%	$1M	16.7K
78	FISV FISERV INC	COM	0.04%	$1M	10.3K
79	KO COCA COLA CO	COM	0.04%	$978,000	21.9K
80	UNP UNION PAC CORP	COM	0.04%	$973,000	5.8K
81	GLD SPDR GOLD TR	GOLD SHS	0.04%	$957,000	5.7K
82	DHR DANAHER CORPORATION	COM	0.04%	$877,000	5.0K
83	TGT TARGET CORP	COM	0.04%	$864,000	7.2K
84	UNH UNITEDHEALTH GROUP INC	COM	0.03%	$846,000	2.9K
85	AMD ADVANCED MICRO DEVICES INC	COM	0.03%	$838,000	15.9K
86	FTSM FIRST TR EXCHANGE-TRADED FD	FIRST TR ENH NEW	0.03%	$833,000	13.9K
87	O REALTY INCOME CORP	COM	0.03%	$812,000	13.6K
88	DIA SPDR DOW JONES INDL AVERAGE	UT SER 1	0.03%	$810,000	3.1K
89	BAR GRANITESHARES GOLD TR	SHS BEN INT	0.03%	$752,000	42.4K
90	BMY BRISTOL-MYERS SQUIBB CO	COM	0.03%	$740,000	12.6K
91	PSX PHILLIPS 66	COM	0.03%	$737,000	10.2K
92	CSCO CISCO SYS INC	COM	0.03%	$731,000	15.7K
93	TSLA TESLA INC	COM	0.03%	$726,000	672
94	MMM 3M CO	COM	0.03%	$710,000	4.6K
95	VHT VANGUARD WORLD FDS	HEALTH CAR ETF · ENERGY ETF	0.03%	$692,000	8.3K
96	AMERICAN EQTY INVT LIFE HLD	COM	0.03%	$658,000	26.6K
97	DOW DOW INC	COM	0.03%	$639,000	15.7K
98	KMI KINDER MORGAN INC DEL	COM	0.03%	$622,000	41.0K
99	DE DEERE & CO	COM	0.03%	$619,000	3.9K
100	MGK VANGUARD WORLD FD	MEGA GRWTH IND	0.02%	$595,000	3.6K

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 ↗.