SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Relative Value Partners Group, LLC

CIK 0001649910 · 847-513-6300

Reported Value
$1.5B
Q1 2023
Positions
243
Filings on Record
24
2019–present window
Filed
May 12, 2023
original filing

Summary

Relative Value Partners Group, LLC reported $1.5B in U.S.-listed holdings across 243 positions for Q1 2023.

Its largest position, VTV, represents 5.7% of the portfolio.

Compared with Q4 2022, the fund opened 9 new positions and exited 25.

Portfolio Metrics

Turnover
+6.5%
vs prior filed quarter
Top-10 Concentration
+39.0%
share of reported value
Largest Position
+5.7%
Vanguard Index Fds
New / Exited
9 / 25
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. 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: $861MQ4 ’18Q1 ’19: $935MQ2 ’19: $957MQ3 ’19: $991MQ3 ’19Q4 ’19: $1.0BQ1 ’20: $850MQ2 ’20: $953MQ2 ’20Q3 ’20: $965MQ4 ’20: $1.1BQ1 ’21: $1.2BQ1 ’21Q2 ’21: $1.3BQ3 ’21: $1.3BQ4 ’21: $1.4BQ4 ’21Q1 ’22: $1.4BQ2 ’22: $1.3BQ3 ’22: $1.2BQ3 ’22Q4 ’22: $1.4BQ1 ’23: $1.5BQ2 ’23: $1.5BQ2 ’23Q3 ’23: $1.5BQ4 ’23: $1.6BQ1 ’24: $1.6BQ1 ’24Q2 ’24: $772Mfilingsflow.com

Portfolio Composition

By security type
ETP: 74.2%Closed-End Fund: 12.4%Common Stock: 7.7%PUBLIC: 2.2%REIT: 2.2%Other: 1.4%
  • ETP · 74.2% · $1.1B
  • Closed-End Fund · 12.4% · $181M
  • Common Stock · 7.7% · $113M
  • PUBLIC · 2.2% · $32M
  • REIT · 2.2% · $32M
  • Other · 1.4% · $21M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DISVDIMENSIONAL ETF TRUSTNEW+322.6K322.6K+$8M$8M
VANGUARD SCOTTSDALE FDSNEW+162.7K162.7K+$8M$8M
ABERDEEN GLOBAL INFRA INCMNEW+195.7K195.7K+$4M$4M
TSLATESLANEW+4.7K4.7K+$980,249$980,249
XEFRXEATON VANCE SR FLTNG RTE TRNEW+54.6K54.6K+$618,950$618,950
GOOGLALPHABET INCNEW+4.5K4.5K+$462,532$462,532
BACVERIZON COMMUNICATIONS INCNEW+7.5K7.5K+$290,233$290,233
SCHWAB STRATEGIC TRNEW+5.9K5.9K+$205,747$205,747

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

Holdings — Q1 2023

31 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IBDPISHARES TRCORE S&P500 ETF · BARCLAYS 7 10 YR · S&P 500 VAL ETF · CORE MSCI EAFE · RUS 1000 VAL ETF · CORE S&P SCP ETF · CORE MSCI EMKT · NTL MUN ETF · SP SMCP600VL ETF · IBONDS DEC24 ETF · CORE S&P TTL STK17.15%$251M2.39M
2VTVVANGUARD INDEX FDSVALUE ETF · TOTAL STK MKT · SM CP VAL ETF11.26%$165M1.03M
3ISHARE TRS&P 100 ETF · US TREAS BD ETF8.23%$120M2.23M
4VGSHVANGUARD SCOTTSDALE FDSINTR TRM TREAS · SHORT TERM TREAS · MTG BKD SECS ETF7.37%$108M1.85M
5WISDOMTREE TRUS QTLY DIV GRT · EMG MKTS SMCAP · US LARGECAP FUND4.41%$65M1.15M
6SPESPECIAL OPPORTUNITIES FUND INC2 75% CNV PFD C · COM3.44%$50M3.09M
7INVESCO EXCHANGE TRADED FDFTSE RAFI 10003.16%$46M295.1K
8SPDR SER TRPORTF SHORT2.47%$36M1.22M
9DFIVDIMENSIONAL ETF TRUSTINTNL VALUE · INTL SMALL CAP2.21%$32M1.09M
10JANUS DETROIT STR TRHENDRSN AAA CL1.75%$26M517.3K
11AMERICAN CENTY ETF TRUS SML CP VALU1.60%$23M317.1K
12ISHARES INCISHS 1 5 YR INVS1.55%$23M448.0K
13VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT1.45%$21M468.2K
14VIRTUS DIVIDEND INTEREST & PCOM1.34%$20M1.66M
15BRWSABA CAPITAL INC & OPTUNTY FDhistory →SHS NEW1.22%$18M2.19M
16CCIFVERTICAL CAP INCOME FUNDhistory →SHS BEN INT1.12%$16M1.67M
17BLACKROCK FLOAT RATE INCMCOM1.06%$16M1.33M
18VANGUARD BD INDEX FDSSHORT TRM BOND0.90%$13M171.6K
19TORTOISE PWR & ENERGY INFRASCOM0.80%$12M909.3K
20TRYBARINGS BDC INChistory →COM0.80%$12M1.47M
21VANGUARD WORLD FDSINF TECH ETF0.77%$11M29.1K
22SPDR S&P 500 ETF TRTR UNIT0.68%$10M24.2K
232JEFOCUS FINL PARTNERS INCCOM CL A0.58%$8M162.6K
24BTZBLACKROCK CREDIT ALLOC TRCOM0.56%$8M521.9K
25JLSNUVEEN MORTGAGE AND INCOMECOM0.54%$8M493.4K
26GDLGDL FDCOM SH BEN IT0.52%$8M961.4K
27VANGUARD INTL EQUITY INDEX FDFTSE EMR MKT ETF0.52%$8M186.6K
28MCDMCDONALDS CORPCOM0.51%$8M26.9K
29TRI-CONTINENTAL CORPCOM0.46%$7M256.1K
30NUVEEN INT DUR QUAL MUN TRMCOM0.46%$7M522.9K
31LADDER CAP CORPCL A0.45%$7M689.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2024$772M321Jul 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.6B283May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.6B281Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.5B264Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.5B241Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.5B243May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.4B259Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.2B236Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.3B173Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.4B252May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.4B188Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.3B191Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.3B182Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.2B199May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.1B200Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$965M183Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$953M181Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$850M179May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.0B168Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$991M163Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$957M164Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$935M165May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$861M155Feb 11, 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 ↗.