SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Towercrest Capital Management

CIK 0001633288 · 41 UNIVERSITY DRIVE, SUITE 400, NEWTOWN, PA, 18940 · 2158092000

Reported Value
$547M
Q4 2021
Positions
93
Filings on Record
30
2019–present window
Filed
Feb 10, 2022
original filing

Summary

Towercrest Capital Management reported $547M in U.S.-listed holdings across 93 positions for Q4 2021.

Its largest position, Schwab Strategic Tr, represents 8.8% of the portfolio.

Compared with Q2 2021, the fund opened 6 new positions and exited 1.

Portfolio Metrics

Turnover
+0.3%
vs prior filed quarter
Top-10 Concentration
+46.2%
share of reported value
Largest Position
+8.8%
Schwab Strategic Tr
New / Exited
6 / 1
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. 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: $311MQ4 ’18Q1 ’19: $347MQ2 ’19: $353MQ3 ’19: $361MQ4 ’19: $391MQ4 ’19Q1 ’20: $333MQ2 ’20: $382MQ3 ’20: $407MQ4 ’20: $445MQ4 ’20Q1 ’21: $467MQ2 ’21: $516MQ4 ’21: $547MQ1 ’22: $513MQ1 ’22Q2 ’22: $447MQ3 ’22: $427MQ4 ’22: $452MQ1 ’23: $481MQ1 ’23Q2 ’23: $537MQ3 ’23: $514MQ4 ’23: $559MQ1 ’24: $593MQ1 ’24Q2 ’24: $608MQ3 ’24: $621MQ4 ’24: $619MQ1 ’25: $526MQ1 ’25Q2 ’25: $560MQ3 ’25: $623MQ4 ’25: $634MQ1 ’26: $642MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 94.4%Common Stock: 5.6%
  • ETP · 94.4% · $516M
  • Common Stock · 5.6% · $31M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline) · note: prior filed quarter, not the immediately preceding one

IssuerMoveShare ΔShares nowValue ΔValue now
INVESCO EXCHANGE TRADED FD TNEW+7.7K7.7K+$1M$1M
GOOGALPHABET INCNEW+101101+$292,000$292,000
ISHARES TRNEW+1.3K1.3K+$275,000$275,000
NVDANVIDIA CORPORATIONNEW+789789+$232,000$232,000
HSYHERSHEY CONEW+1.1K1.1K+$213,000$213,000
EDCONSOLIDATED EDISON INCNEW+2.4K2.4K+$203,000$203,000
NDQINVESCO QQQ TRADDED+4.2K6.0K+$2M$2M
IBMINTERNATIONAL BUSINESS MACHSSOLD OUT−1.4K0−$210,000$0

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

Holdings — Q4 2021

16 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P500 ETF · CORE US AGGBD ET · FLTG RATE NT ETF · IBOXX HI YD ETF · CORE MSCI EAFE · NATIONAL MUN ETF · JPMORGAN USD EMG · CORE S&P MCP ETF · CORE S&P SCP ETF · CORE MSCI EMKT · IBOXX INV CP ETF · 0-5YR HI YL CP · CORE S&P TTL STK · NASDAQ BIOTECH · CORE DIV GRWTH · RUS 1000 GRW ETF · 1 3 YR TREAS BD38.35%$210M2.07M
2SCHWAB STRATEGIC TRUS LRG CAP ETF · US AGGREGATE B · INTL EQTY ETF · EMRG MKTEQ ETF · US BRD MKT ETF · US MID-CAP ETF · US SML CAP ETF · US DIVIDEND EQ · US LCAP GR ETF · SHT TM US TRES28.28%$155M2.40M
3SPDR SER TRBLOMBERG BRC INV · NUVEEN BRC MUNIC · PORTFOLIO SM ETF · PRTFLO S&P500 HI6.20%$34M941.5K
4SPDR SERIES TRUSTPORTFOLIO LR ETF · PORTFOLIO AGRGTE · PORTFOLIO INTRMD · PORTFOLIO MD ETF · PORTFOLIO TL STK6.17%$34M843.9K
5INVESCO EXCHNG TRADED FD TREMRNG MKT SVRG · FNDMNTL HY CRP5.99%$33M1.46M
6SPDR INDEX SHS FDSPORTFOLIO DEVLPD · PORTFOLIO EMG MK2.58%$14M365.4K
7SPDR TR S&P 500 ETF TRTR UNIT2.49%$14M28.7K
8PIMCO ETF TRINV GRD CRP BD2.39%$13M115.7K
9AAPLAPPLE INChistory →COM2.07%$11M63.9K
10MSFTMICROSOFT CORPCOM0.57%$3M9.3K
11NDQINVESCO QQQ TRUNIT SER 10.44%$2M6.0K
12METAFACEBOOK INCCL A0.43%$2M6.9K
13JPMJPMORGAN CHASE & COCOM0.29%$2M10.0K
14INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT0.23%$1M7.7K
15JNJJOHNSON & JOHNSONCOM0.19%$1M6.1K
16VANGUARD INDEX FDSTOTAL STK MKT0.17%$933,0003.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$642M103May 1, 202613F-HRchanges · EDGAR ↗
Q4 2025$634M98Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$623M99Oct 24, 202513F-HRchanges · EDGAR ↗
Q2 2025$560M89Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$526M88May 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$619M103Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$621M101Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$608M107Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$593M107May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$559M105Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$514M105Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$537M104Aug 4, 202313F-HRchanges · EDGAR ↗
Q1 2023$481M94May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$452M91Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$427M87Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$447M91Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$513M91May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$547M93Feb 10, 202213F-HRchanges · EDGAR ↗
Q2 2021$516M88Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$467M85May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$445M84Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$407M79Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$382M77Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$333M79May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$391M79Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$361M70Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$353M74Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$347M71May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$311M69Feb 15, 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 ↗.