SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Roble, Belko & Company, Inc

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

Reported Value
$504M
Q2 2023
Positions
321
Filings on Record
29
2019–present window
Filed
Aug 4, 2023
original filing

Summary

Roble, Belko & Company, Inc reported $504M in U.S.-listed holdings across 321 positions for Q2 2023.

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

Compared with Q1 2023, the fund opened 21 new positions and exited 20.

Portfolio Metrics

Turnover
+7.1%
vs prior filed quarter
Top-10 Concentration
+69.3%
share of reported value
Largest Position
+20.8%
Vanguard Index Fds
New / Exited
21 / 20
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
Q1 ’19: $292MQ1 ’19Q2 ’19: $323MQ3 ’19: $341MQ4 ’19: $361MQ1 ’20: $309MQ1 ’20Q2 ’20: $334MQ3 ’20: $341MQ4 ’20: $384MQ1 ’21: $415MQ1 ’21Q2 ’21: $442MQ3 ’21: $486MQ4 ’21: $532MQ1 ’22: $526MQ1 ’22Q2 ’22: $440MQ3 ’22: $412MQ4 ’22: $470MQ1 ’23: $489MQ1 ’23Q2 ’23: $504MQ3 ’23: $489MQ4 ’23: $532MQ1 ’24: $583MQ1 ’24Q2 ’24: $597MQ3 ’24: $634MQ4 ’24: $629MQ1 ’25: $627MQ1 ’25Q2 ’25: $687MQ3 ’25: $738MQ4 ’25: $763MQ1 ’26: $787MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 94.5%Common Stock: 4.2%REIT: 1.1%Other: 0.2%ADR: 0.0%Closed-End Fund: 0.0%
  • ETP · 94.5% · $476M
  • Common Stock · 4.2% · $21M
  • REIT · 1.1% · $5M
  • Other · 0.2% · $851,000
  • ADR · 0.0% · $182,000
  • Closed-End Fund · 0.0% · $166,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
OIO-I GLASS INCNEW+10.0K10.0K+$213,000$213,000
IBDVISHARES TR IBONDS DEC 2030NEW+9.7K9.7K+$206,000$206,000
DWXSPDR INDEX SHS FDSNEW+1.5K1.5K+$50,000$50,000
FREEPORT-MCMORAN INCNEW+941941+$34,000$34,000
STXSSTEREOTAXIS INCNEW+10.0K10.0K+$15,000$15,000
MRVLMARVELL TECHNOLOGY INCNEW+100100+$6,000$6,000
COPCONOCOPHILLIPSNEW+4747+$5,000$5,000
VBRVANGUARD INDEX FDSNEW+2828+$5,000$5,000

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

Holdings — Q2 2023

284 positions (from 321 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VTIVANGUARD INDEX FDSETF20.76%$105M572.5K
2VXUSVANGUARD STAR FDShistory →ETF7.28%$37M654.3K
3VEUVANGUARD INTL EQUITY INDEXETF7.26%$37M743.7K
4BNDVANGUARD BD INDEX FDSETF6.11%$31M487.6K
5VYMVANGUARD WHITEHALL FDSETF6.05%$30M372.1K
6VEAVANGUARD TAX-MANAGED FDShistory →ETF5.79%$29M632.3K
7ICSHISHARES TR BLACKROCK ULTRAhistory →ETF4.53%$23M454.4K
8XLKSELECT SECTOR SPDR TRETF4.12%$21M127.0K
9SCHBSCHWAB STRATEGIC TRETF3.71%$19M414.2K
10SPYSPDR S&P 500 ETF TRhistory →ETF3.65%$18M41.5K
11SDYSPDR SER TR S&P DIVID ETFhistory →ETF3.34%$17M137.4K
12VGITVANGUARD SCOTTSDALEhistory →ETF3.08%$16M264.2K
13IWFISHARES TR RUS 1000 GRW ETFhistory →ETF2.87%$14M52.5K
14IWVISHARES TR RUSSELL 3000 ETFhistory →ETF1.91%$10M37.9K
15TJXTJX COS INC NEWhistory →COM1.68%$8M100.1K
16VTIPVANGUARD MALVERN FDShistory →ETF1.46%$7M154.7K
17OEFISHARES TR S&P 100 ETFhistory →ETF1.40%$7M34.0K
18VGSHVANGUARD SCOTTSDALE FDShistory →ETF1.19%$6M103.9K
19ITOTISHARES TR CORE S&P TTL STKhistory →ETF1.19%$6M61.2K
20IJRISHARES TR CORE S&P SCP ETFhistory →ETF1.08%$5M54.8K
21IEFAISHARES TR CORE MSCI EAFEETF0.89%$4M66.4K
22IWBISHARES TR RUS 1000 ETFETF0.86%$4M17.7K
23KREFKKR REAL ESTATE FIN TR INCCOM0.67%$3M277.7K
24NEARISHARES U S ETF TR BLACKROCK ST MATETF0.61%$3M61.4K
25JPSTJ P MORGAN EXCHANGEETF0.53%$3M53.8K
26EFAISHARES TR MSCI EAFE ETFETF0.50%$3M34.6K
27SPDR SER TR PORTFOLI S&P1500ETF0.41%$2M37.6K
28IXUSISHARES TR CORE MSCI TOTALETF0.37%$2M30.1K
29IVEISHARES TR S&P 500 VAL ETFETF0.35%$2M10.9K
30ARIAPOLLO COML REAL EST FIN INCCOM0.33%$2M146.8K
31MINTPIMCO ETF TRETF0.33%$2M16.6K
32IEMGISHARES INC CORE MSCI EMKTETF0.30%$2M30.9K
33IVVISHARES TR CORE S&P500 ETFETF0.27%$1M3.1K
34MSFTMICROSOFT CORPCOM0.22%$1M3.3K
35ISHARES TR IBONDS DEC24 ETFETF0.21%$1M42.3K
36VTVANGUARD INTL EQUITY INDEX FETF0.20%$983,0009.7K
37USRTISHARES TR CRE U S REIT ETFETF0.18%$910,00017.7K
38EEMISHARES TR MSCI EMG MKT ETFETF0.16%$812,00020.5K
39QQQINVESCO QQQ TRETF0.16%$800,0002.2K
40ISHARES TR IBONDS DEC23 ETFETF0.16%$790,00031.2K
41SHVISHARES TR SHORT TREAS BDETF0.16%$782,0007.1K
42AAPLAPPLE INCCOM0.13%$653,0003.4K
43IWDISHARES TR RUS 1000 VAL ETFETF0.13%$639,0004.0K
44UPSUNITED PARCEL SERVICE INCCOM0.12%$615,0003.4K
45EXMOCEXXON MOBIL CORPCOM0.11%$577,0005.4K
46IBDUISHARES TR IBONDS DEC 29ETF0.10%$496,00022.1K
47ISHARES TR IBONDS DEC25 ETFETF0.09%$459,00018.8K
48IUSVISHARES TR CORE S&P US VLUETF0.09%$459,0005.9K
49GOOGALPHABET INCCOM0.09%$451,0003.7K
50ORCLORACLE CORPCOM0.09%$441,0003.7K
51BRK/BBERKSHIRE HATHAWAY INC DELCOM0.09%$430,0001.3K
52DUKDUKE ENERGY CORP NEWCOM0.08%$392,0004.4K
53MRSHMARSH & MCLENNAN COS INCCOM0.07%$374,0002.0K
54VDEVANGUARD WORLD FDSETF0.07%$369,0003.2K
55SKTTANGER FACTORY OUTLET CTRSCOM0.07%$353,00016.0K
56AMZNAMAZON COM INCCOM0.07%$347,0002.7K
57PNCPNC FINL SVCS GROUP INCCOM0.07%$334,0002.7K
58IWRISHARES TR RUS MID CAP ETFETF0.07%$328,0004.5K
59ACNACCENTURE PLC IRELANDCOM0.06%$289,000937
60JNJJOHNSON & JOHNSONCOM0.06%$284,0001.7K
61IBDTISHARES TR IBDS DEC28 ETFETF0.05%$272,00011.1K
62SPDWSPDR INDEX SHS FDSETF0.05%$258,0007.8K
63IYWISHARES TRETF0.05%$257,0002.3K
64AJGGALLAGHER ARTHUR J & COCOM0.05%$255,0001.2K
65PGPROCTER AND GAMBLE COCOM0.05%$249,0001.6K
66IBDRISHARES TR IBONDS DEC2026ETF0.05%$237,00010.1K
67ISHARES TR IBONDS 27 ETFETF0.05%$230,0009.8K
68IVWISHARES TR S&P 500 GRWT ETFETF0.04%$225,0003.2K
69QCOMQUALCOMM INCCOM0.04%$220,0001.8K
70JPMJPMORGAN CHASE & COCOM0.04%$219,0001.5K
71ENBENBRIDGE INCCOM0.04%$219,0005.9K
72PFEPFIZER INCCOM0.04%$214,0005.8K
73OIO-I GLASS INCCOM0.04%$213,00010.0K
74IBDVISHARES TR IBONDS DEC 2030ETF0.04%$206,0009.7K
75DFACDIMENSIONAL ETF TRUSTETF0.04%$206,0007.8K
76QQQJINVESCO EXCH TRADED FDETF0.04%$196,0005.1K
77CSCOCISCO SYS INCCOM0.04%$192,0003.7K
78CVSCVS HEALTH CORPCOM0.04%$187,0002.7K
79CCITIGROUP INCCOM0.04%$184,0004.0K
80ADPAUTOMATIC DATA PROCESSING INCOM0.04%$180,000821
81CTVACORTEVA INCCOM0.03%$172,0003.0K
82DFIVDIMENSIONAL ETF TRUST INTERNATNAL VALETF0.03%$170,0005.2K
83NOWSERVICENOW INCCOM0.03%$168,000299
84IJTISHARES TR S&P SML 600 GWTETF0.03%$163,0001.4K
85IWMISHARES TR RUSSELL 2000 ETFETF0.03%$156,000835
86LULULULULEMON ATHLETICA INCCOM0.03%$154,000407
87GLWCORNING INCCOM0.03%$154,0004.4K
88FDXFEDEX CORPCOM0.03%$144,000579
89VIGVANGUARD SPECIALIZEDETF0.03%$143,000880
90PMPHILIP MORRIS INTL INCCOM0.03%$137,0001.4K
91VIOOVANGUARD ADMIRAL FDS INCETF0.03%$135,0001.5K
92MAMASTERCARD INCORPORATEDCOM0.03%$131,000333
93MSMORGAN STANLEYCOM0.02%$124,0001.5K
94VRTXVERTEX PHARMACEUTICALS INCCOM0.02%$120,000342
95TSLATESLA INCCOM0.02%$117,000448
96MOALTRIA GROUP INCCOM0.02%$113,0002.5K
97PEPPEPSICO INCCOM0.02%$111,000600
98AGGISHARES TR CORE US AGGBD ETETF0.02%$101,0001.0K
99SRESEMPRACOM0.02%$101,000691
100NUENUCOR CORPCOM0.02%$98,000598

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 ↗

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 ↗.