SEC 13F Intelligence

Managers / Q4 2019 · view latest →

Roble, Belko & Company, Inc

CIK 0001642305 · 1603 CARMODY COURT, SUITE 401, SEWICKLEY, PA, 15143 · 724-935-4990

Reported Value
$361M
Q4 2019
Positions
341
Filings on Record
30
2019–present window
Filed
Jan 13, 2020
original filing

Summary

Roble, Belko & Company, Inc reported $361M in U.S.-listed holdings across 341 positions for Q4 2019.

Its largest position, VTI, represents 13.4% of the portfolio.

Compared with Q3 2019, the fund opened 29 new positions and exited 29.

Portfolio Metrics

Turnover
+1.6%
vs prior filed quarter
Top-10 Concentration
+57.0%
share of reported value
Largest Position
+13.4%
Vanguard Index Fds Total Stk Mkt
New / Exited
29 / 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
Q4 ’18: $261MQ4 ’18Q1 ’19: $292MQ2 ’19: $323MQ3 ’19: $341MQ4 ’19: $361MQ4 ’19Q1 ’20: $309MQ2 ’20: $334MQ3 ’20: $341MQ4 ’20: $384MQ4 ’20Q1 ’21: $415MQ2 ’21: $442MQ3 ’21: $486MQ4 ’21: $532MQ4 ’21Q1 ’22: $526MQ2 ’22: $440MQ3 ’22: $412MQ4 ’22: $470MQ4 ’22Q1 ’23: $489MQ2 ’23: $504MQ3 ’23: $489MQ4 ’23: $532MQ4 ’23Q1 ’24: $583MQ2 ’24: $597MQ3 ’24: $634MQ4 ’24: $629MQ4 ’24Q1 ’25: $627MQ2 ’25: $687MQ3 ’25: $738MQ4 ’25: $763MQ4 ’25Q1 ’26: $787Mfilingsflow.com

Portfolio Composition

By security type
ETP: 90.6%Common Stock: 6.8%Closed-End Fund: 1.3%REIT: 0.8%Other: 0.3%ADR: 0.2%
  • ETP · 90.6% · $327M
  • Common Stock · 6.8% · $25M
  • Closed-End Fund · 1.3% · $5M
  • REIT · 0.8% · $3M
  • Other · 0.3% · $1M
  • ADR · 0.2% · $577,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GLOBAL GLBL X MLP ETFNEW+286.8K286.8K+$2M$2M
JPSTJP MORGAN EXCHANGE TRADEDNEW+43.3K43.3K+$2M$2M
XBISPDR SERIES TRUSTNEW+5.8K5.8K+$548,000$548,000
QQQINVESCO QQQ TRNEW+2.4K2.4K+$504,000$504,000
ETF SER SOLUTIONS DEFIANCE NEXTNEW+14.4K14.4K+$378,000$378,000
BOTZGLOBAL RBTCS ARTFL INTENEW+17.2K17.2K+$377,000$377,000
VGSHVANGUARD SCOTTSDALE FDSNEW+4.5K4.5K+$272,000$272,000
VIGIVANGUARD WHITEHALL FDS INCNEW+3.5K3.5K+$250,000$250,000

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

Holdings — Q4 2019

336 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VTIVANGUARD INDEX FDS TOTAL STK MKThistory →ETF13.36%$48M294.8K
2VEUVANGUARD INTL EQUITY INDEX ALLWRLD EX UShistory →ETF8.74%$32M587.3K
3VXUSVANGUARD STAR FD VG TL INTL STKhistory →ETF6.07%$22M393.8K
4SCHBSCHWAB STRATEGIC TR US BRD MKT ETFhistory →ETF5.59%$20M262.6K
5VTIPVANGUARD MALVERN FDShistory →ETF5.05%$18M369.8K
6VEAVANGUARD TAX MANAGED INTL FD FTSE DEV MKThistory →ETF4.84%$17M396.5K
7SPYSPDR S&P 500 ETF TRhistory →ETF4.54%$16M50.9K
8XLKSELECT SECTOR SPDR TR TECHNOLOGYhistory →ETF3.20%$12M126.1K
9VYMVANGUARD WHITEHALL FDS INC HIGH DIV YLDhistory →ETF2.81%$10M108.3K
10NEARISHARES U S ETF TR SHT MAT BDhistory →ETF2.80%$10M201.4K
11MINTPIMCO ETF TR ENHAN SHRT MA AChistory →ETF2.80%$10M99.5K
12IWFISHARES TR RUS 1000 GRW ETFhistory →ETF2.70%$10M55.5K
13VWOVANGUARD INTL EQUITY INDEX FTSE EMR MKT ETFhistory →ETF2.49%$9M201.9K
14VYMIVANGUARD WHITEHALL FDS INTL HIGHhistory →ETF2.15%$8M121.9K
15IWVISHARES TR RUSSELL 3000 ETFhistory →ETF2.04%$7M39.1K
16OEFISHARES TR S&P 100 ETFhistory →ETF1.88%$7M47.0K
17TJXTJX COS INC NEWhistory →COM1.73%$6M102.1K
18ITOTISHARES TR CORE S&P TTL STKhistory →ETF1.54%$6M76.6K
19FLOTISHARES TRETF1.32%$5M99.1K
20VVVANGUARD INDEX FDS LARGE CAP ETFhistory →ETF1.26%$5M30.9K
21SCHFSCHWAB STRATEGIC TR INTL EQTY ETFhistory →ETF1.19%$4M128.3K
22VNQVANGUARD INDEX FDS REIT ETFhistory →ETF1.11%$4M43.4K
23IWBISHARES TR RUS 1000 ETFhistory →ETF1.01%$4M20.5K
24IVVISHARES TR CORE S&P500 ETFETF0.98%$4M11.0K
25TORTOISE ENERGY INFRA CORPCOM0.91%$3M183.1K
26SDYSPDR SERIES TRUST S&P DIVIDETF0.87%$3M29.2K
27EFAISHARES TR MSCI EAFE ETFETF0.84%$3M43.5K
28VBVANGUARD INDEX FDS SMALL CP ETFETF0.82%$3M17.8K
29ACWXISHARES TR MSCI ACWI EX USETF0.75%$3M55.5K
30BXMTBLACKSTONE MTG TR INCCOM0.71%$3M68.5K
31GLOBAL GLBL X MLP ETFETF0.63%$2M286.8K
32IJRISHARES TR CORE S&P SCP ETFETF0.61%$2M26.3K
33JPSTJP MORGAN EXCHANGE TRADEDETF0.60%$2M43.3K
34SCHESCHWAB STRATEGIC TR EMRG MKTEQ ETFETF0.58%$2M77.0K
35VXFVANGUARD INDEX FDS EXTEND MKTETF0.48%$2M13.7K
36ALPS ETF TR ALERIANMLP0.47%$2M200.2K
37MSFTMICROSOFT CORPCOM0.42%$2M9.6K
38AAPLAPPLE INCCOM0.40%$1M4.9K
39IVEISHARES TR S&P 500 VAL ETFETF0.39%$1M10.9K
40AAXJISHARES TR MSCI AC ASIA ETFETF0.34%$1M16.7K
41IEFAISHARES TR CORE MSCI EAFEETF0.31%$1M17.2K
42XLVSELECT SECTOR SPDR TR SBI HEALTHCAREETF0.31%$1M10.8K
43PFEPFIZER INCCOM0.28%$1M26.1K
44VZVERIZON COMMUNICATIONS INCCOM0.27%$985,00016.0K
45XLPSELECT SECTOR SPDR TR SBI CONS STPLSETF0.21%$747,00011.9K
46MCDMCDONALDS CORPCOM0.20%$718,0003.6K
47EEMISHARES TR MSCI EMG MKT ETFETF0.19%$701,00015.6K
48WMWASTE MGMT INC DELCOM0.17%$616,0005.4K
49CVXCHEVRON CORP NEWCOM0.16%$590,0004.9K
50VCSHVANGUARD SHRT TRM CORP BDETF0.16%$585,0007.2K
51IXUSISHARES TR CORE MSCI TOTALETF0.16%$569,0009.2K
52NEENEXTERA ENERGY INCCOM0.15%$548,0002.3K
53XBISPDR SERIES TRUSTETF0.15%$548,0005.8K
54IEMGISHARES INC CORE MSCI EMKTETF0.15%$545,00010.1K
55QQQINVESCO QQQ TRETF0.14%$504,0002.4K
56IWDISHARES TR RUS 1000 VAL ETFETF0.14%$491,0003.6K
57MRKMERCK & CO INCCOM0.12%$451,0005.0K
58UPSUNITED PARCEL SERVICE INCCOM0.11%$401,0003.4K
59DUKDUKE ENERGY CORP NEWCOM0.11%$398,0004.4K
60ACNACCENTURE PLC IRELANDCOM0.11%$387,0001.8K
61ETF SER SOLUTIONS DEFIANCE NEXTETF0.10%$378,00014.4K
62BOTZGLOBAL RBTCS ARTFL INTEETF0.10%$377,00017.2K
63ISDPGIM SHORT DURATION HIGH YIECOM0.10%$376,00024.4K
64VOVANGUARD INDEX FDS MID CAPETF0.10%$373,0002.1K
65JNJJOHNSON & JOHNSONCOM0.10%$373,0002.6K
66IUSVISHARES TR CORE S&P VLU ETFETF0.10%$370,0005.9K
67FLRNSPDR SER TR BLOMBERG BRC INVETF0.10%$345,00011.2K
68EXMOCEXXON MOBIL CORPCOM0.09%$343,0004.9K
69CCITIGROUP INCCOM0.09%$329,0004.1K
70IWRISHARES RUS MID CAPETF0.09%$314,0005.3K
71VFHVANGUARD WORLD FDS FINANCIALSETF0.09%$309,0004.1K
72IBMINTERNATIONAL BUSINESS MACHSCOM0.08%$293,0002.2K
73HYTBLACKROCK CORPOR HI YLD FD ICOM0.08%$287,00025.6K
74IGEISHARES TR NA NAT RESETF0.08%$283,0009.4K
75ISHARES IBONDS DEC25ETF0.08%$275,00010.6K
76VGSHVANGUARD SCOTTSDALE FDSETF0.08%$272,0004.5K
77ISHARES TR IBONDS DEC24ETF0.07%$267,00010.4K
78DOWDOW INCCOM0.07%$259,0004.7K
79IBDRISHARES TR IBONDS DEC2026ETF0.07%$258,00010.1K
80RAYTHEON COCOM0.07%$256,0001.2K
81IVWISHARES TR S&P 500 GRWT ETFETF0.07%$256,0001.3K
82ISHARES TR IBONDS DEC 2023ETF0.07%$253,0009.9K
83ISHARES TR IBONDS DEC21ETF0.07%$253,00010.1K
84ISHARES TR IBONDS DEC20ETF0.07%$250,0009.9K
85VIGIVANGUARD WHITEHALL FDS INCETF0.07%$250,0003.5K
86BRK/BBERKSHIRE HATHAWAY INC DELCOM0.07%$245,0001.1K
87AMZNAMAZON COM INCCOM0.07%$242,000131
88SKTTANGER FACTORY OUTLET CTRS ICOM0.07%$236,00016.0K
89ENBENBRIDGE INCCOM0.06%$234,0005.9K
90BDJBLACKROCK ENHANCED EQT DIV TCOM0.06%$234,00023.6K
91CSCOCISCO SYS INCCOM0.06%$230,0004.8K
92PGPROCTER & GAMBLE COCOM0.06%$229,0001.8K
93TAT&T INCCOM0.06%$228,0005.8K
94ADPAUTOMATIC DATA PROCESSING INCOM0.06%$225,0001.3K
95IPINTL PAPER COCOM0.06%$204,0004.4K
96ORCLORACLE CORPCOM0.05%$196,0003.7K
97BNYBANK NEW YORK MELLON CORPCOM0.05%$195,0003.9K
98COPCONOCOPHILLIPSCOM0.05%$194,0003.0K
99MMM3M COCOM0.05%$194,0001.1K
100ABBVABBVIE INCCOM0.05%$192,0002.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$787M487Apr 16, 202613F-HRchanges · EDGAR ↗
Q4 2025$763M502Jan 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$738M471Oct 24, 202513F-HRchanges · EDGAR ↗
Q2 2025$687M463Aug 4, 202513F-HRchanges · EDGAR ↗
Q1 2025$627M443May 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$629M420Jan 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$634M401Oct 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$597M378Aug 8, 202413F-HRchanges · EDGAR ↗
Q1 2024$583M358Apr 11, 202413F-HRchanges · EDGAR ↗
Q4 2023$532M358Feb 1, 202413F-HRchanges · EDGAR ↗
Q3 2023$489M327Nov 1, 202313F-HRchanges · EDGAR ↗
Q2 2023$504M321Aug 4, 202313F-HRchanges · EDGAR ↗
Q1 2023$489M320May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$470M344Feb 8, 202313F-HRchanges · EDGAR ↗
Q3 2022$412M342Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$440M339Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$526M389May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$532M366Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$486M340Nov 3, 202113F-HRchanges · EDGAR ↗
Q2 2021$442M350Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$415M343May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$384M325Feb 5, 202113F-HRchanges · EDGAR ↗
Q3 2020$341M330Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020$334M324Aug 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$309M334May 5, 202013F-HRchanges · EDGAR ↗
Q4 2019$361M341Jan 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$341M341Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$323M351Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$292M320May 10, 201913F-HRchanges · EDGAR ↗
Q4 2018$261M319Feb 13, 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 ↗.