SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Roble, Belko & Company, Inc

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

Reported Value
$532M
Q4 2023
Positions
358
Filings on Record
30
2019–present window
Filed
Feb 1, 2024
original filing

Summary

Roble, Belko & Company, Inc reported $532M in U.S.-listed holdings across 358 positions for Q4 2023.

The portfolio is heavily concentrated: VTI alone accounts for 22.1% of reported value.

Compared with Q3 2023, the fund opened 45 new positions and exited 9.

Portfolio Metrics

Turnover
+8.4%
vs prior filed quarter
Top-10 Concentration
+71.0%
share of reported value
Largest Position
+22.1%
Vanguard Index Fds
New / Exited
45 / 9
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: 95.8%Common Stock: 4.2%ADR: 0.0%Closed-End Fund: 0.0%REIT: 0.0%Other: 0.0%
  • ETP · 95.8% · $509M
  • Common Stock · 4.2% · $22M
  • ADR · 0.0% · $212,000
  • Closed-End Fund · 0.0% · $135,000
  • REIT · 0.0% · $32,000
  • Other · 0.0% · $35,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RSPINVESCO EXCHANGE TRADED FD S&P500 EQL WGTNEW+1.7K1.7K+$263,000$263,000
IBDWISHARES TR IBONDS DEC 2031NEW+7.4K7.4K+$155,000$155,000
GDXVANECK ETF TRUST GOLD MINERSNEW+4.6K4.6K+$143,000$143,000
GMGENERAL MTRS CONEW+3.9K3.9K+$140,000$140,000
DLNWISDOMTREE TR US LARGECAP DIVDNEW+2.0K2.0K+$133,000$133,000
SCHPSCHWAB STRATEGIC TR US TIPS ETFNEW+2.2K2.2K+$113,000$113,000
FISVFISERV INCNEW+800800+$106,000$106,000
IFFINTERNATIONAL FLAVORS&FRAGRANEW+1.1K1.1K+$89,000$89,000

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

Holdings — Q4 2023

325 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VTIVANGUARD INDEX FDSETF22.12%$118M593.9K
2VEUVANGUARD INTL EQUITY INDEXETF7.62%$41M803.7K
3VXUSVANGUARD STAR FDShistory →ETF7.26%$39M665.9K
4BNDVANGUARD BD INDEX FDSETF6.62%$35M491.8K
5VYMVANGUARD WHITEHALL FDSETF6.15%$33M379.9K
6VEAVANGUARD TAX-MANAGED FDShistory →ETF6.14%$33M681.4K
7XLKSELECT SECTOR SPDR TRETF4.14%$22M123.0K
8SPYSPDR S&P 500 ETF TRhistory →ETF3.76%$20M42.0K
9SCHBSCHWAB STRATEGIC TRETF3.62%$19M398.0K
10ICSHISHARES TR BLACKROCK ULTRAhistory →ETF3.59%$19M379.3K
11SDYSPDR SER TR S&P DIVID ETFhistory →ETF3.28%$17M139.4K
12IWFISHARES TR RUS 1000 GRW ETFhistory →ETF3.01%$16M52.9K
13VGITVANGUARD SCOTTSDALEhistory →ETF2.75%$15M246.4K
14IWVISHARES TR RUSSELL 3000 ETFhistory →ETF1.95%$10M37.9K
15VTIPVANGUARD MALVERN FDShistory →ETF1.42%$8M159.0K
16OEFISHARES TR S&P 100 ETFhistory →ETF1.41%$8M33.7K
17ITOTISHARES TR CORE S&P TTL STKhistory →ETF1.22%$7M61.8K
18IJRISHARES TR CORE S&P SCP ETFhistory →ETF1.14%$6M56.0K
19IEFAISHARES TR CORE MSCI EAFEETF0.88%$5M66.4K
20IWBISHARES TR RUS 1000 ETFETF0.85%$5M17.3K
21MAMASTERCARD INCORPORATEDCOM0.67%$4M8.3K
22IXUSISHARES TR CORE MSCI TOTALETF0.66%$4M53.9K
23TJXTJX COS INC NEWCOM0.55%$3M31.4K
24EFAISHARES TR MSCI EAFE ETFETF0.48%$3M34.1K
25JPSTJ P MORGAN EXCHANGEETF0.41%$2M43.2K
26SPDR SER TR PORTFOLI S&P1500ETF0.40%$2M36.5K
27VGSHVANGUARD SCOTTSDALE FDSETF0.39%$2M35.9K
28MSFTMICROSOFT CORPCOM0.37%$2M5.3K
29IVEISHARES TR S&P 500 VAL ETFETF0.37%$2M11.2K
30IEMGISHARES INC CORE MSCI EMKTETF0.30%$2M31.3K
31MINTPIMCO ETF TRETF0.29%$2M15.5K
32USRTISHARES TR CRE U S REIT ETFETF0.29%$2M28.3K
33IVVISHARES TR CORE S&P500 ETFETF0.28%$1M3.1K
34GOVTISHARES TR US TREAS BD ETFETF0.22%$1M51.4K
35NEARISHARES U S ETF TR BLACKROCK ST MATETF0.20%$1M21.3K
36IBDUISHARES TR IBONDS DEC 29ETF0.17%$888,00038.5K
37QQQINVESCO QQQ TRETF0.17%$879,0002.1K
38VTVANGUARD INTL EQUITY INDEX FETF0.16%$870,0008.2K
39ISHARES TR IBONDS DEC25 ETFETF0.16%$864,00034.9K
40ISHARES TR IBONDS DEC24 ETFETF0.16%$856,00034.4K
41EEMISHARES TR MSCI EMG MKT ETFETF0.16%$825,00020.5K
42SHVISHARES TR SHORT TREAS BDETF0.15%$780,0007.1K
43GOOGALPHABET INCCOM0.13%$677,0004.8K
44AAPLAPPLE INCCOM0.12%$658,0003.4K
45IWDISHARES TR RUS 1000 VAL ETFETF0.12%$636,0003.9K
46UPSUNITED PARCEL SERVICE INCCOM0.10%$540,0003.4K
47EXMOCEXXON MOBIL CORPCOM0.10%$522,0005.2K
48JNJJOHNSON & JOHNSONCOM0.10%$507,0003.2K
49IUSVISHARES TR CORE S&P US VLUETF0.09%$495,0005.9K
50BRK/BBERKSHIRE HATHAWAY INC DELCOM0.09%$471,0001.3K
51AMZNAMAZON COM INCCOM0.09%$465,0003.1K
52MRSHMARSH & MCLENNAN COS INCCOM0.08%$437,0002.3K
53QCOMQUALCOMM INCCOM0.08%$435,0003.0K
54CVSCVS HEALTH CORPCOM0.08%$411,0005.2K
55IBDVISHARES TR IBONDS DEC 2030ETF0.08%$409,00018.9K
56ORCLORACLE CORPCOM0.08%$407,0003.9K
57JPMJPMORGAN CHASE & COCOM0.07%$398,0002.3K
58IYWISHARES TRETF0.07%$377,0003.1K
59VDEVANGUARD WORLD FDSETF0.07%$377,0003.0K
60IWRISHARES TR RUS MID CAP ETFETF0.07%$349,0004.5K
61IBDRISHARES TR IBONDS DEC2026ETF0.06%$337,00014.1K
62IBDTISHARES TR IBDS DEC28 ETFETF0.06%$335,00013.3K
63ISHARES TR IBONDS 27 ETFETF0.06%$327,00013.7K
64CSCOCISCO SYS INCCOM0.06%$324,0006.4K
65ACNACCENTURE PLC IRELANDCOM0.06%$312,000889
66PDBCINVESCO ACTVELY MNGD ETC FD OPTIMUM YIELDETF0.05%$278,00020.9K
67AJGGALLAGHER ARTHUR J & COCOM0.05%$266,0001.2K
68RSPINVESCO EXCHANGE TRADED FD S&P500 EQL WGTETF0.05%$263,0001.7K
69PGPROCTER AND GAMBLE COCOM0.05%$241,0001.6K
70IVWISHARES TR S&P 500 GRWT ETFETF0.05%$240,0003.2K
71PMPHILIP MORRIS INTL INCCOM0.04%$226,0002.4K
72DFACDIMENSIONAL ETF TRUSTETF0.04%$220,0007.8K
73SPDWSPDR INDEX SHS FDSETF0.04%$217,0006.4K
74LULULULULEMON ATHLETICA INCCOM0.04%$215,000421
75BABOEING COCOM0.04%$214,000822
76DUKDUKE ENERGY CORP NEWCOM0.04%$212,0002.2K
77CCITIGROUP INCCOM0.04%$206,0004.0K
78QQQJINVESCO EXCH TRADED FDETF0.04%$201,0005.4K
79NOWSERVICENOW INCCOM0.04%$198,000280
80ADPAUTOMATIC DATA PROCESSING INCOM0.04%$191,000821
81FDXFEDEX CORPCOM0.04%$189,000749
82IWMISHARES TR RUSSELL 2000 ETFETF0.03%$186,000927
83IJTISHARES TR S&P SML 600 GWTETF0.03%$178,0001.4K
84DFIVDIMENSIONAL ETF TRUST INTERNATNAL VALETF0.03%$178,0005.2K
85OIO-I GLASS INCCOM0.03%$164,00010.0K
86IBDWISHARES TR IBONDS DEC 2031ETF0.03%$155,0007.4K
87IEFISHARES TR 7-10 YR TRSY BDETF0.03%$154,0001.6K
88VIGVANGUARD SPECIALIZEDETF0.03%$150,000880
89HEI/AHEICO CORP NEWCOM0.03%$148,0001.0K
90CTVACORTEVA INCCOM0.03%$144,0003.0K
91GDXVANECK ETF TRUST GOLD MINERSETF0.03%$143,0004.6K
92GMGENERAL MTRS COCOM0.03%$140,0003.9K
93VRTXVERTEX PHARMACEUTICALS INCCOM0.03%$139,000342
94DLNWISDOMTREE TR US LARGECAP DIVDETF0.03%$133,0002.0K
95PFEPFIZER INCCOM0.02%$131,0004.6K
96MSMORGAN STANLEYCOM0.02%$131,0001.4K
97SHYISHARES TR 1 3 YR TREAS BDETF0.02%$130,0001.6K
98INTCINTEL CORPCOM0.02%$129,0002.6K
99DISDISNEY WALT COCOM0.02%$118,0001.3K
100SCHPSCHWAB STRATEGIC TR US TIPS ETFETF0.02%$113,0002.2K

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 ↗.