SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Roble, Belko & Company, Inc

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

Reported Value
$489M
Q1 2023
Positions
320
Filings on Record
30
2019–present window
Filed
May 10, 2023
original filing

Summary

Roble, Belko & Company, Inc reported $489M in U.S.-listed holdings across 320 positions for Q1 2023.

The portfolio is heavily concentrated: VTI alone accounts for 20.8% of reported value.

Compared with Q4 2022, the fund opened 3 new positions and exited 27.

Portfolio Metrics

Turnover
+3.6%
vs prior filed quarter
Top-10 Concentration
+82.4%
share of reported value
Largest Position
+20.8%
Vanguard Index Fds
New / Exited
3 / 27
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: 93.0%Common Stock: 4.7%REIT: 2.0%Other: 0.2%Closed-End Fund: 0.1%ADR: 0.0%
  • ETP · 93.0% · $455M
  • Common Stock · 4.7% · $23M
  • REIT · 2.0% · $10M
  • Other · 0.2% · $753,000
  • Closed-End Fund · 0.1% · $429,000
  • ADR · 0.0% · $182,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GEHCGE HEALTHCARE TECHNOLOGIESNEW+88+$1,000$1,000
BHFBRIGHTHOUSE FINL INCNEW+1313+$1,000$1,000
AMTAMERICAN TOWER CORP NEWNEW+11+$0$0
PNCPNC FINL SVCS GROUP INCADDED+2.1K2.7K+$242,000$337,000
VUGVANGUARD INDEX FDSADDED+168279+$46,000$70,000
QQQJINVESCO EXCH TRADED FD TR IIADDED+2.1K3.5K+$55,000$88,000
VYMIVANGUARD WHITEHALL FDSADDED+248465+$16,000$29,000
VOTVANGUARD INDEX FDSSOLD OUT−1.2K0−$214,000$0

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

Holdings — Q1 2023

242 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VTIVANGUARD INDEX FDSETF20.79%$102M590.6K
2ICSHISHARES TRETF17.69%$87M1.03M
3VEUVANGUARD INTL EQUITY INDEX FETF7.89%$39M786.1K
4VXUSVANGUARD STAR FDShistory →ETF6.70%$33M594.2K
5VYMVANGUARD WHITEHALL FDSETF6.54%$32M363.1K
6VEAVANGUARD TAX-MANAGED FDShistory →ETF5.96%$29M645.9K
7BNDVANGUARD BD INDEX FDSETF4.44%$22M360.0K
8SCHBSCHWAB STRATEGIC TRETF4.37%$21M514.6K
9SDYSPDR SER TRETF4.29%$21M201.3K
10XLKSELECT SECTOR SPDR TRETF3.76%$18M128.1K
11SPYSPDR S&P 500 ETF TRhistory →ETF3.56%$17M42.5K
12VGITVANGUARD SCOTTSDALE FDSETF2.71%$13M222.5K
13VTIPVANGUARD MALVERN FDShistory →ETF1.92%$9M196.3K
14TJXTJX COS INC NEWhistory →COM1.60%$8M100.1K
15KREFKKR REAL ESTATE FIN TR INCCOM0.69%$3M295.2K
16BXMTBLACKSTONE MTG TR INCCOM0.66%$3M179.6K
17NEARISHARES U S ETF TRETF0.62%$3M60.8K
18JPSTJ P MORGAN EXCHANGE TRADED FETF0.58%$3M56.4K
19MINTPIMCO ETF TRETF0.43%$2M21.3K
20IEMGISHARES INCETF0.31%$2M31.6K
21MSFTMICROSOFT CORPCOM0.30%$1M5.1K
22ARIAPOLLO COML REAL EST FIN INCCOM0.30%$1M156.6K
23ACREARES COML REAL ESTATE CORPCOM0.27%$1M144.4K
24AAPLAPPLE INCCOM0.23%$1M6.8K
25QQQINVESCO QQQ TRETF0.14%$695,0002.2K
26UPSUNITED PARCEL SERVICE INCCOM0.14%$666,0003.4K
27EXMOCEXXON MOBIL CORPCOM0.12%$584,0005.3K
28MCDMCDONALDS CORPCOM0.10%$508,0001.8K
29PFEPFIZER INCCOM0.10%$482,00011.8K
30GOOGALPHABET INCCOM0.09%$442,0004.3K
31DUKDUKE ENERGY CORP NEWCOM0.09%$421,0004.4K
32WMWASTE MGMT INC DELCOM0.09%$417,0002.6K
33BRK/BBERKSHIRE HATHAWAY INC DELCOM0.08%$389,0001.3K
34DFIVDIMENSIONAL ETF TRUSTETF0.07%$361,00012.9K
35ORCLORACLE CORPCOM0.07%$344,0003.7K
36PNCPNC FINL SVCS GROUP INCCOM0.07%$337,0002.7K
37MRSHMARSH & MCLENNAN COS INCCOM0.07%$331,0002.0K
38IVOOVANGUARD ADMIRAL FDS INCETF0.06%$316,0003.7K
39SKTTANGER FACTORY OUTLET CTRS ICOM0.06%$314,00016.0K
40SPDWSPDR INDEX SHS FDSETF0.06%$301,0009.2K
41AMZNAMAZON COM INCCOM0.06%$298,0002.9K
42BDJBLACKROCK ENHANCED EQUITY DICOM0.06%$290,00033.8K
43MRKMERCK & CO INCCOM0.06%$274,0002.6K
44ACNACCENTURE PLC IRELANDCOM0.05%$268,000937
45JNJJOHNSON & JOHNSONCOM0.05%$266,0001.7K
46NEENEXTERA ENERGY INCCOM0.05%$258,0003.4K
47PGPROCTER AND GAMBLE COCOM0.05%$244,0001.6K
48QCOMQUALCOMM INCCOM0.05%$236,0001.8K
49MDYSPDR S&P MIDCAP 400 ETF TRETF0.05%$232,000506
50ENBENBRIDGE INCCOM0.05%$225,0005.9K
51AJGGALLAGHER ARTHUR J & COCOM0.05%$222,0001.2K
52CSCOCISCO SYS INCCOM0.04%$216,0004.1K
53CVSCVS HEALTH CORPCOM0.04%$201,0002.7K
54PDBCINVESCO ACTVELY MNGD ETC FDETF0.04%$196,00013.8K
55JPMJPMORGAN CHASE & COCOM0.04%$196,0001.5K
56QQQJINVESCO EXCH TRADED FD TR IIETF0.04%$196,0005.1K
57CCITIGROUP INCCOM0.04%$188,0004.0K
58VDEVANGUARD WORLD FDSETF0.04%$185,0001.4K
59ADPAUTOMATIC DATA PROCESSING INCOM0.04%$183,000821
60FDXFEDEX CORPCOM0.04%$183,000800
61CTVACORTEVA INCCOM0.04%$181,0003.0K
62MGCVANGUARD WORLD FDETF0.04%$174,0001.9K
63HEI/AHEICO CORP NEWCOM0.03%$170,0001.2K
64GLWCORNING INCCOM0.03%$155,0004.4K
65LULULULULEMON ATHLETICA INCCOM0.03%$148,000407
66NOWSERVICENOW INCCOM0.03%$139,000299
67MAMASTERCARD INCORPORATEDCOM0.03%$139,000383
68PMPHILIP MORRIS INTL INCCOM0.03%$136,0001.4K
69VIGVANGUARD SPECIALIZED FUNDSETF0.03%$136,000880
70MSMORGAN STANLEYCOM0.03%$128,0001.5K
71MOALTRIA GROUP INCCOM0.02%$111,0002.5K
72PEPPEPSICO INCCOM0.02%$109,000600
73VRTXVERTEX PHARMACEUTICALS INCCOM0.02%$108,000342
74SRESEMPRACOM0.02%$104,000691
75STLDSTEEL DYNAMICS INCCOM0.02%$100,000885
76TSLATESLA INCCOM0.02%$93,000448
77GMGENERAL MTRS COCOM0.02%$92,0002.5K
78NUENUCOR CORPCOM0.02%$92,000596
79METAMETA PLATFORMS INCCOM0.02%$89,000420
80IBMINTERNATIONAL BUSINESS MACHSCOM0.02%$79,000602
81HDHOME DEPOT INCCOM0.02%$78,000264
82TROWPRICE T ROWE GROUP INCCOM0.02%$75,000660
83ABBVABBVIE INCCOM0.01%$71,000443
84AIVLWISDOMTREE TRETF0.01%$70,000768
85TMOTHERMO FISHER SCIENTIFIC INCCOM0.01%$70,000121
86UNHUNITEDHEALTH GROUP INCCOM0.01%$69,000146
87BABOEING COCOM0.01%$68,000322
88VVISA INCCOM0.01%$67,000295
89SLBSCHLUMBERGER LTDCOM0.01%$59,0001.2K
90FSTRFOSTER L B COCOM0.01%$57,0005.0K
91GSLCGOLDMAN SACHS ETF TRETF0.01%$55,000677
92UNPUNION PAC CORPCOM0.01%$53,000264
93ETNEATON CORP PLCCOM0.01%$51,000300
94DOWDOW INCCOM0.01%$50,000916
95CLFCLEVELAND-CLIFFS INC NEWCOM0.01%$47,0002.6K
96AXONAXON ENTERPRISE INCCOM0.01%$45,000200
97BRBROADRIDGE FINL SOLUTIONS INCOM0.01%$43,000295
98PPGPPG INDS INCCOM0.01%$43,000320
99LOWLOWES COS INCCOM0.01%$41,000206
100MUMICRON TECHNOLOGY INCCOM0.01%$41,000679

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 ↗.