Managers / Q3 2020 · view latest →

FormulaFolio Investments, LLC

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

Reported Value

$2.6B

Q3 2020

Positions

315

Filings on Record

2019–present window

Filed

Oct 15, 2020

original filing

Summary

Formulafolio Investments, LLC reported $2.6B in U.S.-listed holdings across 315 positions for Q3 2020.

Its largest position, SPYM, represents 15.7% of the portfolio.

Compared with Q2 2020, the fund opened 56 new positions and exited 29.

Portfolio Metrics

Turnover

+24.6%

vs prior filed quarter

Top-10 Concentration

+80.6%

share of reported value

Largest Position

+15.7%

Spdr

New / Exited

56 / 29

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 · 80.0% · $2.1B
Other · 13.3% · $344M
Common Stock · 6.6% · $171M
REIT · 0.1% · $2M
ADR · 0.0% · $642,000
Other · 0.0% · $519,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
FCOM FIDELITY COVINGTON TRUST	NEW	+834.2K	834.2K	+$32M	$32M
BTAL AGF INVTS TR	NEW	+769.8K	769.8K	+$18M	$18M
STIP ISHARES TR	NEW	+26.2K	26.2K	+$3M	$3M
IJK ISHARES TR	NEW	+4.6K	4.6K	+$1M	$1M
BLV VANGUARD BD INDEX FDS	NEW	+9.5K	9.5K	+$1M	$1M
VMBS VANGUARD SCOTTSDALE FDS	NEW	+17.6K	17.6K	+$955,000	$955,000
WWD WOODWARD INC	NEW	+11.8K	11.8K	+$950,000	$950,000
BIV VANGUARD BD INDEX FDS	NEW	+9.6K	9.6K	+$898,000	$898,000

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

Holdings — Q3 2020

205 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	SPYM SPDR SER TR	PORTFOLIO S&P500 · PRTFLO S&P500 GW · PORTFOLI S&P1500 · PORTFOLIO LN TSR · PORTFLI INTRMDIT · BLOMBERG INTL TR · PRTFLO S&P500 VL · BLOOMBERG BRCLYS · PORTFLI MORTGAGE · PORTFOLIO AGRGTE · PORTFOLIO S&P600 · PORTFOLIO S&P400 · PORTFOLIO SH TSR · BLOMBERG 1 10 YR · FTSE INT GVT ETF · PRTFLO S&P500 HI · NUVEEN BBG BRCLY	15.74%	$409M	9.95M
2	IGIB ISHARES TR	ISHS 5-10YR INVT · CONV BD ETF · CORE S&P SCP ETF · CORE S&P500 ETF · IBOXX INV CP ETF · CORE US AGGBD ET · CORE S&P MCP ETF · CORE MSCI EAFE · SHORT TREAS BD · 3 7 YR TREAS BD · NATIONAL MUN ETF · CORE DIV GRWTH · CALIF MUN BD ETF · 20 YR TR BD ETF · S&P 500 GRWT ETF · BARCLAYS 7 10 YR · GNMA BOND ETF · 0-5 YR TIPS ETF · IBOXX HI YD ETF · INTL TREA BD ETF · MSCI ACWI ETF · 1 3 YR TREAS BD · CRE U S REIT ETF · US TREAS BD ETF · TIPS BD ETF · S&P MC 400GR ETF · RUSSELL 3000 ETF · S&P SML 600 GWT · U.S. REAL ES ETF · 0-5YR HI YL CP · RUSSELL 2000 ETF · CORE S&P US GWT · S&P MC 400VL ETF · SP SMCP600VL ETF · MSCI EAFE ETF · MBS ETF · S&P 500 VAL ETF · CORE S&P TTL STK · MSCI EMG MKT ETF · U.S. BAS MTL ETF · U.S. CNSM GD ETF · U.S. CNSM SV ETF · U.S. TECH ETF · FLTG RATE NT ETF · COHEN STEER REIT	15.03%	$390M	4.84M
3	NORTHERN LTS FD TR IV	FRMLAFOLIOS TATL · FRMLAFLIO TACT · FORMULA FOLIOS · FRMLAFLIO SMRT	13.19%	$343M	13.86M
4	DBX ETF TR	XTRACK USD HIGH	9.89%	$257M	5.34M
5	FTEC FIDELITY COVINGTON TRUST	MSCI INFO TECH I · CONSMR STAPLES · MSCI COMMNTN SVC · MSCI HLTH CARE I · MSCI UTILS INDEX · MSCI RL EST ETF	7.68%	$199M	4.84M
6	BND VANGUARD BD INDEX FDS	TOTAL BND MRKT · SHORT TRM BOND · LONG TERM BOND · INTERMED TERM	7.13%	$185M	2.10M
7	SCHM SCHWAB STRATEGIC TR	US MID-CAP ETF · US TIPS ETF · US DIVIDEND EQ · US LRG CAP ETF · US BRD MKT ETF · US SML CAP ETF · US AGGREGATE B · INTL EQTY ETF · EMRG MKTEQ ETF · US REIT ETF · US LCAP GR ETF · SHT TM US TRES · INTRM TRM TRES · US LCAP VA ETF	3.70%	$96M	1.70M
8	SPDW SPDR INDEX SHS FDS	PORTFOLIO EMG MK · PORTFOLIO DEVLPD	3.29%	$85M	2.63M
9	QQQ INVESCO QQQ TR history →	UNIT SER 1	2.50%	$65M	233.2K
10	VGIT VANGUARD SCOTTSDALE FDS	INTER TERM TREAS · MORTG-BACK SEC · VNG RUS3000IDX	2.43%	$63M	899.2K
11	SSO PROSHARES TR	PSHS ULT S&P 500 · PSHS ULTRUSS2000 · PSHS ULT MCAP400 · ULTRAPRO QQQ · SHORT S&P 500 NE	2.27%	$59M	1.27M
12	ABERDEEN STD GOLD ETF TR	PHYSCL GOLD SHS	2.23%	$58M	3.20M
13	VOT VANGUARD INDEX FDS	MCAP GR IDXVIP · SML CP GRW ETF · TOTAL STK MKT · GROWTH ETF · VALUE ETF · SM CP VAL ETF · MCAP VL IDXVIP · S&P 500 ETF SHS · SMALL CP ETF · REAL ESTATE ETF	2.04%	$53M	303.5K
14	PFFD GLOBAL X FDS	US PFD ETF · NASDAQ 100 COVER	1.17%	$30M	1.27M
15	AAPL APPLE INC history →	COM	0.85%	$22M	190.5K
16	ONEQ FIDELITY COMWLTH TR history →	NDQ CP IDX TRK	0.84%	$22M	50.3K
17	BTAL AGF INVTS TR history →	AGFIQ US MK ANTI	0.70%	$18M	769.8K
18	SWAN AMPLIFY ETF TR history →	BLACKSWAN GRWT	0.48%	$12M	393.4K
19	ISHARES GOLD TRUST	ISHARES	0.47%	$12M	680.0K
20	BKLN INVESCO EXCH TRADED FD TR II	SR LN ETF · FNDMNTL IG CRP · FNDMNTL HY CRP	0.40%	$10M	444.8K
21	IEMG ISHARES INC	CORE MSCI EMKT	0.36%	$9M	175.2K
22	VT VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF · FTSE EMR MKT ETF	0.34%	$9M	122.4K
23	WMT WALMART INC	COM	0.29%	$8M	54.5K
24	MSFT MICROSOFT CORP	COM	0.28%	$7M	34.5K
25	HYGV FLEXSHARES TR	HIG YLD VL ETF · READY ACC VARI	0.28%	$7M	147.0K
26	AMZN AMAZON COM INC	COM	0.27%	$7M	2.2K
27	MCD MCDONALDS CORP	COM	0.14%	$4M	17.0K
28	JNJ JOHNSON & JOHNSON	COM	0.13%	$3M	23.0K
29	VEA VANGUARD TAX-MANAGED INTL FD	FTSE DEV MKT ETF	0.13%	$3M	81.0K
30	SPY SPDR S&P 500 ETF TR	TR UNIT	0.13%	$3M	9.7K
31	JPM JPMORGAN CHASE & CO	COM	0.12%	$3M	33.7K
32	NVDA NVIDIA CORPORATION	COM	0.12%	$3M	5.8K
33	VZ VERIZON COMMUNICATIONS INC	COM	0.11%	$3M	47.3K
34	GOOGL ALPHABET INC	CAP STK CL A · CAP STK CL C	0.11%	$3M	1.9K
35	BRK/B BERKSHIRE HATHAWAY INC DEL	CL B NEW · CL A	0.10%	$3M	11.1K
36	WM WASTE MGMT INC DEL	COM	0.10%	$3M	23.5K
37	PG PROCTER AND GAMBLE CO	COM	0.10%	$3M	18.2K
38	V VISA INC	COM CL A	0.10%	$3M	12.7K
39	HON HONEYWELL INTL INC	COM	0.10%	$3M	15.3K
40	DIS DISNEY WALT CO	COM DISNEY	0.09%	$2M	19.8K
41	ABBV ABBVIE INC	COM	0.09%	$2M	26.4K
42	TSLA TESLA INC	COM	0.09%	$2M	5.4K
43	VIG VANGUARD SPECIALIZED FUNDS	DIV APP ETF	0.09%	$2M	17.5K
44	LMT LOCKHEED MARTIN CORP	COM	0.09%	$2M	5.8K
45	MA MASTERCARD INCORPORATED	CL A	0.08%	$2M	6.3K
46	RFDI FIRST TR EXCH TRADED FD III	RIVRFRNT DYN DEV	0.08%	$2M	37.8K
47	NFLX NETFLIX INC	COM	0.08%	$2M	4.2K
48	WORLD GOLD TR	SPDR GLD MINIS	0.08%	$2M	110.5K
49	PFE PFIZER INC	COM	0.08%	$2M	56.1K
50	TMO THERMO FISHER SCIENTIFIC INC	COM	0.08%	$2M	4.6K
51	GUSH DIREXION SHS ETF TR	OIL GAS BL 2X SH · DLY FIN BULL NEW	0.08%	$2M	89.2K
52	COST COSTCO WHSL CORP NEW	COM	0.08%	$2M	5.5K
53	CRM SALESFORCE COM INC	COM	0.07%	$2M	7.7K
54	NEE NEXTERA ENERGY INC	COM	0.07%	$2M	6.8K
55	BNDX VANGUARD CHARLOTTE FDS	INTL BD IDX ETF	0.07%	$2M	32.2K
56	T AT&T INC	COM	0.07%	$2M	64.8K
57	META FACEBOOK INC	CL A	0.07%	$2M	6.8K
58	LOW LOWES COS INC	COM	0.07%	$2M	10.7K
59	HD HOME DEPOT INC	COM	0.07%	$2M	6.3K
60	MRK MERCK & CO. INC	COM	0.06%	$2M	19.4K
61	AMD ADVANCED MICRO DEVICES INC	COM	0.06%	$2M	19.4K
62	HALO HALOZYME THERAPEUTICS INC	COM	0.06%	$2M	60.3K
63	TWO RDS SHARED TR	LDRSHS ALPFACT	0.05%	$1M	56.4K
64	LLY LILLY ELI & CO	COM	0.05%	$1M	8.7K
65	CLX CLOROX CO DEL	COM	0.05%	$1M	6.1K
66	GLD SPDR GOLD TR	GOLD SHS	0.05%	$1M	7.2K
67	TROW PRICE T ROWE GROUP INC	COM	0.05%	$1M	9.7K
68	ADBE ADOBE SYSTEMS INCORPORATED	COM	0.05%	$1M	2.5K
69	ABT ABBOTT LABS	COM	0.05%	$1M	11.2K
70	SYY SYSCO CORP	COM	0.05%	$1M	19.6K
71	BA BOEING CO	COM	0.05%	$1M	7.4K
72	UPS UNITED PARCEL SERVICE INC	CL B	0.05%	$1M	7.1K
73	CVX CHEVRON CORP NEW	COM	0.05%	$1M	16.4K
74	RTX RAYTHEON TECHNOLOGIES CORP	COM	0.04%	$1M	19.8K
75	UNP UNION PAC CORP	COM	0.04%	$1M	5.8K
76	INTC INTEL CORP	COM	0.04%	$1M	21.9K
77	DUK DUKE ENERGY CORP NEW	COM NEW	0.04%	$1M	12.7K
78	EXMOC EXXON MOBIL CORP	COM	0.04%	$1M	32.3K
79	PEP PEPSICO INC	COM	0.04%	$1M	7.8K
80	KO COCA COLA CO	COM	0.04%	$1M	21.3K
81	TGT TARGET CORP	COM	0.04%	$981,000	6.2K
82	D DOMINION ENERGY INC	COM	0.04%	$972,000	12.3K
83	WWD WOODWARD INC	COM	0.04%	$950,000	11.8K
84	DE DEERE & CO	COM	0.04%	$945,000	4.3K
85	DOW DOW INC	COM	0.04%	$941,000	20.0K
86	FISV FISERV INC	COM	0.04%	$939,000	9.1K
87	XLK SELECT SECTOR SPDR TR	TECHNOLOGY · SBI CONS STPLS	0.04%	$920,000	9.6K
88	ZM ZOOM VIDEO COMMUNICATIONS IN	CL A	0.03%	$887,000	1.9K
89	DHR DANAHER CORPORATION	COM	0.03%	$883,000	4.1K
90	PYPL PAYPAL HLDGS INC	COM	0.03%	$879,000	4.5K
91	FTSM FIRST TR EXCHANGE-TRADED FD	FIRST TR ENH NEW	0.03%	$836,000	13.9K
92	UNH UNITEDHEALTH GROUP INC	COM	0.03%	$833,000	2.7K
93	AXP AMERICAN EXPRESS CO	COM	0.03%	$825,000	8.2K
94	QCOM QUALCOMM INC	COM	0.03%	$816,000	6.9K
95	BAR GRANITESHARES GOLD TR	SHS BEN INT	0.03%	$813,000	43.4K
96	O REALTY INCOME CORP	COM	0.03%	$794,000	13.1K
97	MMM 3M CO	COM	0.03%	$779,000	4.9K
98	DIA SPDR DOW JONES INDL AVERAGE	UT SER 1	0.03%	$761,000	2.7K
99	MGK VANGUARD WORLD FD	MEGA GRWTH IND	0.03%	$751,000	4.0K
100	SEAGATE TECHNOLOGY PLC	SHS	0.03%	$747,000	15.2K

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 ↗.