SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Roble, Belko & Company, Inc

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

Reported Value
$489M
Q3 2023
Positions
327
Filings on Record
30
2019–present window
Filed
Nov 1, 2023
original filing

Summary

Roble, Belko & Company, Inc reported $489M in U.S.-listed holdings across 327 positions for Q3 2023.

The portfolio is heavily concentrated: VTI alone accounts for 20.7% of reported value.

Compared with Q2 2023, the fund opened 19 new positions and exited 13.

Portfolio Metrics

Turnover
+4.4%
vs prior filed quarter
Top-10 Concentration
+68.1%
share of reported value
Largest Position
+20.7%
Vanguard Index Fds
New / Exited
19 / 13
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: 94.8%Common Stock: 4.3%REIT: 0.7%Other: 0.1%ADR: 0.0%Closed-End Fund: 0.0%
  • ETP · 94.8% · $464M
  • Common Stock · 4.3% · $21M
  • REIT · 0.7% · $4M
  • Other · 0.1% · $613,000
  • ADR · 0.0% · $180,000
  • Closed-End Fund · 0.0% · $162,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GOVTISHARES TR US TREAS BD ETFNEW+260.6K260.6K+$6M$6M
IEFISHARES TR 7-10 YR TRSY BDNEW+41.8K41.8K+$4M$4M
HEI/AHEICO CORP NEWNEW+1.0K1.0K+$134,000$134,000
SHYISHARES TR 1 3 YR TREAS BDNEW+1.6K1.6K+$127,000$127,000
SCHRSCHWAB STRATEGIC TR INT-TRM U.S TRESNEW+2.2K2.2K+$106,000$106,000
MOHMOLINA HEALTHCARE INCNEW+3030+$10,000$10,000
VBKVANGUARD INDEX FDS SML CP GRW ETFNEW+4343+$9,000$9,000
KVUEKENVUE INCNEW+448448+$9,000$9,000

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

Holdings — Q3 2023

294 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VTIVANGUARD INDEX FDSETF20.72%$101M577.7K
2VEUVANGUARD INTL EQUITY INDEXETF7.38%$36M775.4K
3VXUSVANGUARD STAR FDShistory →ETF6.60%$32M603.1K
4VEAVANGUARD TAX-MANAGED FDShistory →ETF6.52%$32M728.8K
5VYMVANGUARD WHITEHALL FDSETF6.03%$30M369.1K
6BNDVANGUARD BD INDEX FDSETF4.98%$24M408.6K
7ICSHISHARES TR BLACKROCK ULTRAhistory →ETF4.73%$23M459.4K
8XLKSELECT SECTOR SPDR TRETF3.90%$19M123.9K
9SPYSPDR S&P 500 ETF TRhistory →ETF3.66%$18M41.9K
10SCHBSCHWAB STRATEGIC TRETF3.60%$18M406.3K
11SDYSPDR SER TR S&P DIVID ETFhistory →ETF3.20%$16M136.0K
12IWFISHARES TR RUS 1000 GRW ETFhistory →ETF2.85%$14M52.5K
13IWVISHARES TR RUSSELL 3000 ETFhistory →ETF1.90%$9M37.9K
14TJXTJX COS INC NEWhistory →COM1.82%$9M100.1K
15VGITVANGUARD SCOTTSDALEhistory →ETF1.55%$8M132.9K
16VTIPVANGUARD MALVERN FDShistory →ETF1.51%$7M156.5K
17VGSHVANGUARD SCOTTSDALE FDShistory →ETF1.47%$7M125.0K
18OEFISHARES TR S&P 100 ETFhistory →ETF1.39%$7M33.8K
19GOVTISHARES TR US TREAS BD ETFhistory →ETF1.17%$6M260.6K
20ITOTISHARES TR CORE S&P TTL STKhistory →ETF1.17%$6M60.7K
21IJRISHARES TR CORE S&P SCP ETFhistory →ETF1.05%$5M54.5K
22IEFAISHARES TR CORE MSCI EAFEETF0.87%$4M66.4K
23IWBISHARES TR RUS 1000 ETFETF0.84%$4M17.5K
24IEIISHARES TRETF0.82%$4M35.6K
25IEFISHARES TR 7-10 YR TRSY BDETF0.78%$4M41.8K
26KREFKKR REAL ESTATE FIN TR INCCOM0.67%$3M276.9K
27NEARISHARES U S ETF TR BLACKROCK ST MATETF0.59%$3M58.3K
28JPSTJ P MORGAN EXCHANGEETF0.52%$3M50.2K
29EFAISHARES TR MSCI EAFE ETFETF0.49%$2M34.6K
30SPDR SER TR PORTFOLI S&P1500ETF0.40%$2M37.1K
31IXUSISHARES TR CORE MSCI TOTALETF0.37%$2M30.0K
32IVEISHARES TR S&P 500 VAL ETFETF0.35%$2M11.2K
33MINTPIMCO ETF TRETF0.34%$2M16.6K
34IEMGISHARES INC CORE MSCI EMKTETF0.30%$1M30.9K
35IVVISHARES TR CORE S&P500 ETFETF0.27%$1M3.1K
36USRTISHARES TR CRE U S REIT ETFETF0.23%$1M24.0K
37MSFTMICROSOFT CORPCOM0.21%$1M3.3K
38ISHARES TR IBONDS DEC24 ETFETF0.17%$845,00034.2K
39VTVANGUARD INTL EQUITY INDEX FETF0.16%$791,0008.2K
40SHVISHARES TR SHORT TREAS BDETF0.16%$782,0007.1K
41EEMISHARES TR MSCI EMG MKT ETFETF0.16%$779,00020.5K
42QQQINVESCO QQQ TRETF0.16%$759,0002.1K
43IBDVISHARES TR IBONDS DEC 2030ETF0.14%$693,00034.0K
44EXMOCEXXON MOBIL CORPCOM0.13%$625,0005.3K
45ISHARES TR IBONDS DEC23 ETFETF0.12%$589,00023.2K
46AAPLAPPLE INCCOM0.12%$586,0003.4K
47IWDISHARES TR RUS 1000 VAL ETFETF0.12%$585,0003.9K
48ISHARES TR IBONDS DEC25 ETFETF0.11%$544,00022.3K
49UPSUNITED PARCEL SERVICE INCCOM0.11%$535,0003.4K
50IBDUISHARES TR IBONDS DEC 29ETF0.10%$513,00023.4K
51GOOGALPHABET INCCOM0.10%$473,0003.6K
52IUSVISHARES TR CORE S&P US VLUETF0.09%$438,0005.9K
53ORCLORACLE CORPCOM0.08%$392,0003.7K
54DUKDUKE ENERGY CORP NEWCOM0.08%$385,0004.4K
55MRSHMARSH & MCLENNAN COS INCCOM0.08%$378,0002.0K
56VDEVANGUARD WORLD FDSETF0.07%$366,0003.0K
57SKTTANGER FACTORY OUTLET CTRSCOM0.07%$362,00016.0K
58AMZNAMAZON COM INCCOM0.07%$326,0002.6K
59PNCPNC FINL SVCS GROUP INCCOM0.07%$326,0002.7K
60IBDRISHARES TR IBONDS DEC2026ETF0.07%$325,00013.9K
61IWRISHARES TR RUS MID CAP ETFETF0.06%$311,0004.5K
62IBDTISHARES TR IBDS DEC28 ETFETF0.06%$296,00012.3K
63ISHARES TR IBONDS 27 ETFETF0.06%$280,00012.1K
64ACNACCENTURE PLC IRELANDCOM0.06%$273,000889
65AJGGALLAGHER ARTHUR J & COCOM0.05%$265,0001.2K
66JNJJOHNSON & JOHNSONCOM0.05%$259,0001.7K
67PGPROCTER AND GAMBLE COCOM0.05%$240,0001.6K
68IVWISHARES TR S&P 500 GRWT ETFETF0.04%$219,0003.2K
69JPMJPMORGAN CHASE & COCOM0.04%$218,0001.5K
70QCOMQUALCOMM INCCOM0.04%$205,0001.8K
71DFACDIMENSIONAL ETF TRUSTETF0.04%$199,0007.8K
72SPDWSPDR INDEX SHS FDSETF0.04%$198,0006.4K
73ADPAUTOMATIC DATA PROCESSING INCOM0.04%$198,000821
74ENBENBRIDGE INCCOM0.04%$198,0005.9K
75CSCOCISCO SYS INCCOM0.04%$194,0003.6K
76CVSCVS HEALTH CORPCOM0.04%$189,0002.7K
77QQQJINVESCO EXCH TRADED FDETF0.04%$184,0005.3K
78PFEPFIZER INCCOM0.04%$174,0005.3K
79DFIVDIMENSIONAL ETF TRUST INTERNATNAL VALETF0.03%$169,0005.2K
80OIO-I GLASS INCCOM0.03%$167,00010.0K
81CCITIGROUP INCCOM0.03%$165,0004.0K
82IWMISHARES TR RUSSELL 2000 ETFETF0.03%$164,000927
83LULULULULEMON ATHLETICA INCCOM0.03%$157,000407
84NOWSERVICENOW INCCOM0.03%$157,000280
85IJTISHARES TR S&P SML 600 GWTETF0.03%$156,0001.4K
86FDXFEDEX CORPCOM0.03%$153,000579
87CTVACORTEVA INCCOM0.03%$153,0003.0K
88VIGVANGUARD SPECIALIZEDETF0.03%$137,000880
89GLWCORNING INCCOM0.03%$134,0004.4K
90BRK/BBERKSHIRE HATHAWAY INC DELCOM0.03%$134,0001.0K
91HEI/AHEICO CORP NEWCOM0.03%$134,0001.0K
92MAMASTERCARD INCORPORATEDCOM0.03%$132,000333
93PMPHILIP MORRIS INTL INCCOM0.03%$130,0001.4K
94VIOOVANGUARD ADMIRAL FDS INCETF0.03%$128,0001.5K
95SHYISHARES TR 1 3 YR TREAS BDETF0.03%$127,0001.6K
96VRTXVERTEX PHARMACEUTICALS INCCOM0.02%$119,000342
97MSMORGAN STANLEYCOM0.02%$115,0001.4K
98TSLATESLA INCCOM0.02%$113,000450
99BDJBLACKROCK ENHANCED EQUITY DICOM0.02%$110,00014.4K
100SCHRSCHWAB STRATEGIC TR INT-TRM U.S TRESETF0.02%$106,0002.2K

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 ↗.