Managers / Q2 2022 · view latest →

Roble, Belko & Company, Inc

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

Reported Value

$440M

Q2 2022

Positions

339

Filings on Record

2019–present window

Filed

Aug 10, 2022

original filing

Summary

Roble, Belko & Company, Inc reported $440M in U.S.-listed holdings across 339 positions for Q2 2022.

Its largest position, VTI, represents 13.2% of the portfolio.

Compared with Q1 2022, the fund opened 11 new positions and exited 58.

Portfolio Metrics

Turnover

+4.0%

vs prior filed quarter

Top-10 Concentration

+54.0%

share of reported value

Largest Position

+13.2%

Vanguard Index Fds Total Stk Mkt

New / Exited

11 / 58

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 · 91.2% · $401M
Common Stock · 5.3% · $23M
REIT · 3.2% · $14M
Closed-End Fund · 0.2% · $700,000
Other · 0.1% · $599,000
ADR · 0.0% · $205,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
MMU WESTERN ASSET MANAGED MUNS F	NEW	+3.4K	3.4K	+$36,000	$36,000
MFM MFS MUN INCOME TR	NEW	+2.1K	2.1K	+$11,000	$11,000
XCXHX MFS INVT GRADE MUN TR	NEW	+1.3K	1.3K	+$10,000	$10,000
NVG NUVEEN AMT FREE MUN CR INC F	NEW	+481	481	+$6,000	$6,000
VMO INVESCO MUN OPPORTUNITY TR	NEW	+492	492	+$5,000	$5,000
WBD WARNER BROS DISCOVERY INC	NEW	+192	192	+$3,000	$3,000
LITHIUM AMERS CORP NEW	NEW	+35	35	+$1,000	$1,000
XYZ BLOCK INC	NEW	+4	4	+$0	$0

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

Holdings — Q2 2022

336 positions (from 339 filing rows — )

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VTI VANGUARD INDEX FDS TOTAL STK MKT history →	ETF	13.20%	$58M	308.1K
2	VXUS VANGUARD STAR FD VG TL INTL STK history →	ETF	7.70%	$34M	656.5K
3	VEU VANGUARD INTL EQUITY INDEX ALLWRLD EX US history →	ETF	5.47%	$24M	482.0K
4	ICSH ISHARES TR ULTR SH TRM BD history →	ETF	4.36%	$19M	383.3K
5	SDY SPDR SERIES TRUST S&P DIVID history →	ETF	4.23%	$19M	157.1K
6	VEA VANGUARD TAX MANAGED INTL FD FTSE DEV MKT history →	ETF	4.15%	$18M	447.6K
7	VYM VANGUARD WHITEHALL FDS INC HIGH DIV YLD history →	ETF	3.98%	$18M	172.4K
8	SPY SPDR S&P 500 ETF TR history →	ETF	3.73%	$16M	43.6K
9	SCHB SCHWAB STRATEGIC TR US BRD MKT ETF history →	ETF	3.60%	$16M	358.2K
10	VUSB VANGUARD BD INDEX FDS history →	ETF	3.57%	$16M	319.3K
11	XLK SELECT SECTOR SPDR TR TECHNOLOGY history →	ETF	3.33%	$15M	115.3K
12	VIGI VANGUARD WHITEHALL FDS INC history →	ETF	2.83%	$12M	181.3K
13	VNQ VANGUARD INDEX FDS REIT ETF history →	ETF	2.76%	$12M	133.5K
14	VTIP VANGUARD MALVERN FDS history →	ETF	2.69%	$12M	236.2K
15	IWF ISHARES TR RUS 1000 GRW ETF history →	ETF	2.65%	$12M	53.3K
16	NEAR ISHARES U S ETF TR SHT MAT BD history →	ETF	2.53%	$11M	225.9K
17	VWO VANGUARD INTL EQUITY INDEX FTSE EMR MKT ETF history →	ETF	2.16%	$10M	228.6K
18	VV VANGUARD INDEX FDS LARGE CAP ETF history →	ETF	2.08%	$9M	53.2K
19	IWV ISHARES TR RUSSELL 3000 ETF history →	ETF	1.91%	$8M	38.7K
20	OEF ISHARES TR S&P 100 ETF history →	ETF	1.56%	$7M	39.7K
21	ITOT ISHARES TR CORE S&P TTL STK history →	ETF	1.50%	$7M	78.6K
22	TJX TJX COS INC NEW history →	COM	1.27%	$6M	100.1K
23	BXMT BLACKSTONE MTG TR INC history →	COM	1.21%	$5M	193.1K
24	KREF KKR REAL ESTATE FIN TR INC history →	COM	1.14%	$5M	288.3K
25	IEFA ISHARES TR CORE MSCI EAFE	ETF	0.94%	$4M	70.1K
26	IWB ISHARES TR RUS 1000 ETF	ETF	0.87%	$4M	18.4K
27	IJR ISHARES TR CORE S&P SCP ETF	ETF	0.84%	$4M	39.9K
28	SCHF SCHWAB STRATEGIC TR INTL EQTY ETF	ETF	0.73%	$3M	102.6K
29	VB VANGUARD INDEX FDS SMALL CP ETF	ETF	0.60%	$3M	14.9K
30	EFA ISHARES TR MSCI EAFE ETF	ETF	0.47%	$2M	33.1K
31	SCHE SCHWAB STRATEGIC TR EMRG MKTEQ ETF	ETF	0.47%	$2M	81.1K
32	IXUS ISHARES TR CORE MSCI TOTAL	ETF	0.45%	$2M	35.0K
33	VOO VANGUARD INDEX FDS S&P 500 ETF SHS	ETF	0.42%	$2M	5.3K
34	JPST J P MORGAN EXCHANGE-TRADED F ULTRA SHRT INC	ETF	0.41%	$2M	36.1K
35	ACRE ARES COML REAL ESTATE CORP	COM	0.39%	$2M	142.0K
36	MSFT MICROSOFT CORP	COM	0.39%	$2M	6.6K
37	IEMG ISHARES INC CORE MSCI EMKT	ETF	0.36%	$2M	32.6K
38	ARI APOLLO COML REAL EST FIN INC	COM	0.36%	$2M	151.7K
39	IVE ISHARES TR S&P 500 VAL ETF	ETF	0.34%	$2M	10.9K
40	AAPL APPLE INC	COM	0.32%	$1M	10.2K
41	VGSH VANGUARD SCOTTSDALE FDS SHORT TERM TREAS	ETF	0.31%	$1M	23.3K
42	IVV ISHARES TR CORE S&P500 ETF	ETF	0.31%	$1M	3.6K
43	MEAR ISHARES US ETF TR SHT MAT MUN	ETF	0.29%	$1M	25.3K
44	AAXJ ISHARES TR MSCI AC ASIA ETF	ETF	0.26%	$1M	16.3K
45	USRT ISHARES TR CRE U S REIT	ETF	0.25%	$1M	20.6K
46	XLV SELECT SECTOR SPDR TR SBI HEALTHCARE	ETF	0.23%	$1M	8.0K
47	VXF VANGUARD INDEX FDS EXTEND MKT	ETF	0.23%	$1M	7.7K
48	PFE PFIZER INC	COM	0.21%	$913,000	17.4K
49	MCD MCDONALDS CORP	COM	0.20%	$896,000	3.6K
50	WM WASTE MGMT INC DEL	COM	0.17%	$770,000	5.0K
51	XLP SELECT SECTOR SPDR TR SBI CONS STPLS	ETF	0.17%	$730,000	10.1K
52	UPS UNITED PARCEL SERVICE INC	COM	0.14%	$629,000	3.4K
53	QQQ INVESCO QQQ TR	ETF	0.14%	$607,000	2.2K
54	VZ VERIZON COMMUNICATIONS INC	COM	0.13%	$592,000	11.7K
55	IWD ISHARES TR RUS 1000 VAL ETF	ETF	0.13%	$587,000	4.0K
56	EEM ISHARES TR MSCI EMG MKT ETF	ETF	0.13%	$563,000	14.0K
57	SPDR SER TR PORTFOLI S&P1500	ETF	0.12%	$531,000	11.4K
58	ISHARES TR	ETF	0.12%	$530,000	21.7K
59	GOOG ALPHABET INC	COM	0.11%	$494,000	226
60	EXMOC EXXON MOBIL CORP	COM	0.11%	$485,000	5.7K
61	MRSH MARSH & MCLENNAN COS INC	COM	0.11%	$478,000	3.1K
62	BDJ BLACKROCK ENHANCED EQT DIV T	COM	0.11%	$477,000	54.0K
63	DUK DUKE ENERGY CORP NEW	COM	0.11%	$468,000	4.4K
64	MINT PIMCO ETF TR ENHAN SHRT MA AC	ETF	0.10%	$460,000	4.6K
65	NEE NEXTERA ENERGY INC	COM	0.10%	$455,000	5.9K
66	MRK MERCK & CO INC	COM	0.10%	$453,000	5.0K
67	BRK/B BERKSHIRE HATHAWAY INC DEL	COM	0.10%	$441,000	1.6K
68	MDY SPDR S&P MIDCAP 400 ETF TR	ETF	0.09%	$411,000	994
69	IUSV ISHARES TR CORE S&P VLU ETF	ETF	0.09%	$392,000	5.9K
70	AMZN AMAZON COM INC	COM	0.09%	$390,000	3.7K
71	IWR ISHARES RUS MID CAP	ETF	0.08%	$340,000	5.3K
72	IVW ISHARES TR S&P 500 GRWT ETF	ETF	0.07%	$320,000	5.3K
73	SCHH SCHWAB STRATEGIC TR US REIT ETF	ETF	0.06%	$286,000	13.6K
74	VANGUARD INTL EQUITY INDEX	ETF	0.06%	$284,000	2.8K
75	ACN ACCENTURE PLC IRELAND	COM	0.06%	$282,000	1.0K
76	CVS CVS HEALTH CORP	COM	0.06%	$278,000	3.0K
77	IBM INTERNATIONAL BUSINESS MACHS	COM	0.06%	$272,000	1.9K
78	ISHARES IBONDS DEC25	ETF	0.06%	$261,000	10.6K
79	ORCL ORACLE CORP	COM	0.06%	$259,000	3.7K
80	ISHARES TR IBONDS DEC24	ETF	0.06%	$258,000	10.4K
81	ENB ENBRIDGE INC	COM	0.06%	$249,000	5.9K
82	ISHARES TR IBONDS DEC 2023	ETF	0.06%	$248,000	9.9K
83	IBDR ISHARES TR IBONDS DEC2026	ETF	0.05%	$240,000	10.1K
84	JNJ JOHNSON & JOHNSON	COM	0.05%	$236,000	1.3K
85	MGC VANGUARD WORLD FDS MEGA CAP INDEX	ETF	0.05%	$236,000	1.8K
86	PG PROCTER & GAMBLE CO	COM	0.05%	$236,000	1.6K
87	QCOM QUALCOMM INC	COM	0.05%	$235,000	1.8K
88	AJG GALLAGHER ARTHUR J & CO	COM	0.05%	$232,000	1.4K
89	SKT TANGER FACTORY OUTLET CTRS I	COM	0.05%	$228,000	16.0K
90	IBDT FLEXSHARES TR IBDS DEC28 ETF	ETF	0.05%	$227,000	9.1K
91	IVOO VANGUARD ADMIRAL FDS INC MIDCP 400 IDX	ETF	0.05%	$211,000	1.4K
92	VOT VANGUARD INDEX FDS MCAP GR IDXVIP	ETF	0.05%	$209,000	1.2K
93	CSCO CISCO SYS INC	COM	0.04%	$197,000	4.6K
94	ADP AUTOMATIC DATA PROCESSING IN	COM	0.04%	$190,000	906
95	PNC PNC FINL SVCS GROUP INC	COM	0.04%	$189,000	1.2K
96	SPDW SPDR INDEX SHS FDS PORTFOLIO DEVLPD	ETF	0.04%	$184,000	6.4K
97	C CITIGROUP INC	COM	0.04%	$184,000	4.0K
98	FDX FEDEX CORP	COM	0.04%	$181,000	800
99	SCHD SCHWAB STRATEGIC TR US DIVIDEND EQ	ETF	0.04%	$178,000	2.5K
100	JPM JPMORGAN CHASE & CO	COM	0.04%	$169,000	1.5K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$787M	487	Apr 16, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$763M	502	Jan 12, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$738M	471	Oct 24, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$687M	463	Aug 4, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$627M	443	May 8, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$629M	420	Jan 14, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$634M	401	Oct 15, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$597M	378	Aug 8, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$583M	358	Apr 11, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$532M	358	Feb 1, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$489M	327	Nov 1, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$504M	321	Aug 4, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$489M	320	May 10, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	$470M	344	Feb 8, 2023	13F-HR	changes · EDGAR ↗
Q3 2022	$412M	342	Nov 14, 2022	13F-HR	changes · EDGAR ↗
Q2 2022	$440M	339	Aug 10, 2022	13F-HR	changes · EDGAR ↗
Q1 2022	$526M	389	May 6, 2022	13F-HR	changes · EDGAR ↗
Q4 2021	$532M	366	Feb 7, 2022	13F-HR	changes · EDGAR ↗
Q3 2021	$486M	340	Nov 3, 2021	13F-HR	changes · EDGAR ↗
Q2 2021	$442M	350	Aug 2, 2021	13F-HR	changes · EDGAR ↗
Q1 2021	$415M	343	May 12, 2021	13F-HR	changes · EDGAR ↗
Q4 2020	$384M	325	Feb 5, 2021	13F-HR	changes · EDGAR ↗
Q3 2020	$341M	330	Nov 10, 2020	13F-HR	changes · EDGAR ↗
Q2 2020	$334M	324	Aug 10, 2020	13F-HR	changes · EDGAR ↗
Q1 2020	$309M	334	May 5, 2020	13F-HR	changes · EDGAR ↗
Q4 2019	$361M	341	Jan 13, 2020	13F-HR	changes · EDGAR ↗
Q3 2019	$341M	341	Nov 13, 2019	13F-HR	changes · EDGAR ↗
Q2 2019	$323M	351	Aug 13, 2019	13F-HR	changes · EDGAR ↗
Q1 2019	$292M	320	May 10, 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 ↗.