Managers / Q2 2019 · view latest →
Landmark Financial Advisors, LLC
CIK 0001641440 · 1131 FAIRVIEW AVENUE, SUITE 203, BOWLING GREEN, KY, 42103 · 270-782-9222
Reported Value
$163M
Q2 2019
Positions
58
Filings on Record
21
2019–present window
Filed
Aug 2, 2019
original filing
Summary
Landmark Financial Advisors, LLC reported $163M in U.S.-listed holdings across 58 positions for Q2 2019.
Its largest position, Flexshares Upstream Natural Resources, represents 14.3% of the portfolio.
Compared with Q1 2019, the fund opened 5 new positions and exited 1.
Portfolio Metrics
Turnover
+0.9%
vs prior filed quarter
Top-10 Concentration
+72.7%
share of reported value
Largest Position
+14.3%
Flexshares Upstream Natural Resources
New / Exited
5 / 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
Portfolio Composition
By security type
- ETP · 82.4% · $135M
- Common Stock · 17.1% · $28M
- Other · 0.4% · $688,000
Quarter-over-Quarter Changes full breakdown →
vs Q1 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| UPSUnited Parcel Service | NEW | +3.7K | 3.7K | +$377,000 | $377,000 |
| Schwab U.S. TIPS ETF | NEW | +4.5K | 4.5K | +$253,000 | $253,000 |
| VTVVanguard Value ETF | NEW | +2.2K | 2.2K | +$240,000 | $240,000 |
| Schwab International Small-Cap ETF | NEW | +7.3K | 7.3K | +$237,000 | $237,000 |
| Pinnacle Financial Partners Inc. | NEW | +3.5K | 3.5K | +$203,000 | $203,000 |
| DowDuPont Inc. | SOLD OUT | −4.5K | 0 | −$238,000 | $0 |
| Invesco S&P 500 Equal Weight Technology ETF | TRIMMED | −1.7K | 1.9K | −$315,000 | $332,000 |
| VGSHVanguard Short-Term Treasury | ADDED | +67.8K | 238.5K | +$4M | $15M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2019
50 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | FlexShares Upstream Natural Resources | MORNSTAR UPSTR | 14.34% | $23M | 709.7K |
| 2 | Vanguard Total Bond Market ETF | TOTAL BND MRKT | 11.55% | $19M | 227.2K |
| 3 | VGSHVanguard Short-Term Treasuryhistory → | SHORT TERM TREAS | 8.90% | $15M | 238.5K |
| 4 | USBU.S. Bancorphistory → | COM NEW | 8.69% | $14M | 270.9K |
| 5 | Vanguard S&P 500 ETF | S&P 500 ETF SHS | 6.32% | $10M | 38.3K |
| 6 | Vanguard FTSE Emerging Markets ETF | FTSE EMR MKT ETF | 6.18% | $10M | 237.6K |
| 7 | Vanguard FTSE Developed Markets ETF | FTSE DEV MKT ETF | 5.30% | $9M | 207.8K |
| 8 | Vanguard REIT Index ETF | REAL ESTATE ETF | 4.37% | $7M | 81.6K |
| 9 | SPDR S&P 500 Index | TR UNIT | 4.03% | $7M | 22.5K |
| 10 | Vanguard Small-Cap ETF | SMALL CP ETF | 2.97% | $5M | 30.9K |
| 11 | Vanguard Information Technology ETF | INF TECH ETF | 2.13% | $3M | 16.5K |
| 12 | Schwab International Equity ETF | INTL EQTY ETF | 2.06% | $3M | 105.0K |
| 13 | Schwab U.S. Large-Cap ETF | US LRG CAP ETF | 1.88% | $3M | 43.7K |
| 14 | Schwab U.S. REIT ETF | US REIT ETF | 1.68% | $3M | 61.9K |
| 15 | Schwab Short-Term US Treasury | SHT TM US TRES | 1.50% | $2M | 48.4K |
| 16 | JPMJP Morgan Chase & Co.history → | COM | 1.47% | $2M | 21.5K |
| 17 | Schwab Emerging Markets Equity ETF | EMRG MKTEQ ETF | 1.44% | $2M | 89.5K |
| 18 | Schwab U.S. Aggregate Bond ETF | US AGGREGATE B | 1.20% | $2M | 36.9K |
| 19 | Vanguard Total Stock Market ETF | TOTAL STK MKT | 1.16% | $2M | 12.6K |
| 20 | iShares MSCI EAFE Index | MSCI EAFE ETF | 0.92% | $1M | 22.8K |
| 21 | AAPLApple Inc. | COM | 0.89% | $1M | 7.4K |
| 22 | CINFCincinnati Financial Corp. | COM | 0.85% | $1M | 13.5K |
| 23 | Schwab U.S. Small Cap ETF | US SML CAP ETF | 0.77% | $1M | 17.7K |
| 24 | Vanguard FTSE All-World ex-US ETF | ALLWRLD EX US | 0.74% | $1M | 23.6K |
| 25 | MSFTMicrosoft Corp. | COM | 0.68% | $1M | 8.3K |
| 26 | iShares Russell 2000 Index ETF | RUSSELL 2000 ETF | 0.58% | $948,000 | 6.1K |
| 27 | WMTWal-Mart Stores Inc | COM | 0.44% | $720,000 | 6.5K |
| 28 | Vanguard Small Cap Value ETF | SM CP VAL ETF | 0.44% | $716,000 | 5.5K |
| 29 | CSCOCisco Systems Inc. | COM | 0.37% | $608,000 | 11.1K |
| 30 | Vanguard Short Term Corporate Bond ETF | SHRT TRM CORP BD | 0.37% | $601,000 | 7.5K |
| 31 | Vanguard Corporate Bond ETF | INT-TERM CORP | 0.36% | $594,000 | 6.6K |
| 32 | ORCLOracle Corporation | COM | 0.33% | $547,000 | 9.6K |
| 33 | MRKMerck & Co Inc | COM | 0.31% | $513,000 | 6.1K |
| 34 | ABBVAbbVie Inc. | COM | 0.28% | $460,000 | 6.3K |
| 35 | EXMOCExxon Mobil Corporation | COM | 0.27% | $439,000 | 5.7K |
| 36 | BACBank Of America Corp | COM | 0.27% | $435,000 | 15.0K |
| 37 | ABTAbbott Laboratories | COM | 0.23% | $380,000 | 4.5K |
| 38 | UPSUnited Parcel Service | CL B | 0.23% | $377,000 | 3.7K |
| 39 | Vanguard All World Small Cap | FTSE SMCAP ETF | 0.23% | $377,000 | 3.6K |
| 40 | CHVChevron Corp. | COM | 0.22% | $360,000 | 2.9K |
| 41 | BF/ABrown Forman Class A | CL A | 0.21% | $344,000 | 6.3K |
| 42 | INTCIntel Corp | COM | 0.21% | $338,000 | 7.1K |
| 43 | TAT&T | COM | 0.21% | $337,000 | 10.1K |
| 44 | Vanguard Mid-Cap ETF | MID CAP ETF | 0.20% | $334,000 | 2.0K |
| 45 | MMM3M Company | COM | 0.20% | $333,000 | 1.9K |
| 46 | Invesco S&P 500 Equal Weight Technology ETF | S&P500 EQL TEC | 0.20% | $332,000 | 1.9K |
| 47 | Citizens First Corp | COM | 0.19% | $310,000 | 12.1K |
| 48 | Vanguard Total International Stock ETF | VG TL INTL STK F | 0.19% | $303,000 | 5.8K |
| 49 | JNJJohnson & Johnson | COM | 0.18% | $286,000 | 2.1K |
| 50 | TRVCCitigroup Inc | COM NEW | 0.17% | $281,000 | 4.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2023 | $278M | 91 | Feb 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $246M | 89 | Oct 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $244M | 90 | Jul 18, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $228M | 87 | Apr 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $217M | 87 | Jan 23, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $189M | 79 | Nov 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $203M | 80 | Aug 3, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $208M | 84 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $225M | 85 | Jan 26, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $186M | 66 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $209M | 76 | Aug 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $186M | 67 | May 11, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $177M | 69 | Feb 8, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $158M | 60 | Oct 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $153M | 60 | Jul 17, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $146M | 65 | Apr 22, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $172M | 65 | Feb 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $161M | 59 | Nov 7, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $163M | 58 | Aug 2, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $152M | 55 | May 2, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $153M | 57 | Feb 5, 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 ↗.