Managers / Q3 2023 · view latest →
Narus Financial Partners, LLC
CIK 0001698091 · 1245 E BRICKYARD ROAD, SUITE 160, SALT LAKE CITY, UT, 84106 · 866-534-0530
Summary
Narus Financial Partners, LLC reported $195M in U.S.-listed holdings across 124 positions for Q3 2023.
The portfolio is heavily concentrated: WMT alone accounts for 42.0% of reported value.
Compared with Q2 2023, the fund opened 8 new positions and exited 4.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 52.6% · $103M
- ETP · 47.4% · $92M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| DIMENSIONAL ETF TRUST | NEW | +7.2K | 7.2K | +$376,721 | $376,721 |
| INVESCO EXCH TRADED FD TR II | NEW | +6.6K | 6.6K | +$289,188 | $289,188 |
| DFAIDIMENSIONAL ETF TRUST | NEW | +10.7K | 10.7K | +$278,463 | $278,463 |
| MPCMARATHON PETE CORP | NEW | +1.5K | 1.5K | +$227,918 | $227,918 |
| MUSAMURPHY USA INC | NEW | +664 | 664 | +$226,909 | $226,909 |
| EMEEMCOR GROUP INC | NEW | +1.1K | 1.1K | +$222,803 | $222,803 |
| AMGNAMGEN INC | NEW | +776 | 776 | +$208,558 | $208,558 |
| SELECT SECTOR SPDR TR | NEW | +1.3K | 1.3K | +$203,479 | $203,479 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | WMTWALMART INChistory → | COM | 42.04% | $82M | 512.4K |
| 2 | ISHARES TR | EAFE SML CP ETF · EAFE VALUE ETF · CORE US AGGBD ET · CORE S&P500 ETF · 7-10 YR TRSY BD · MSCI EAFE ETF · NATIONAL MUN ETF · 1 3 YR TREAS BD · CORE S&P US VLU · GLOBAL TECH ETF · SHRT NAT MUN ETF · IBOXX HI YD ETF · RUSSELL 2000 ETF | 8.75% | $17M | 221.1K |
| 3 | VTVVANGUARD INDEX FDS | TOTAL STK MKT · VALUE ETF · MID CAP ETF · SMALL CP ETF · S&P 500 ETF SHS | 5.91% | $12M | 61.5K |
| 4 | XLESELECT SECTOR SPDR TR | TECHNOLOGY · ENERGY · SBI HEALTHCARE · SBI INT-UTILS · SBI CONS STPLS · FINANCIAL | 4.63% | $9M | 103.6K |
| 5 | J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC · ULTRA SHT MUNCPL | 3.71% | $7M | 144.0K |
| 6 | VANGUARD BD INDEX FDS | TOTAL BND MRKT · SHORT TRM BOND | 2.10% | $4M | 57.6K |
| 7 | SPDR SER TR | PORTFLI INTRMDIT · PORTFOLIO S&P500 | 1.94% | $4M | 118.2K |
| 8 | GQ9SPDR GOLD TRhistory → | GOLD SHS | 1.91% | $4M | 21.7K |
| 9 | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 1.84% | $4M | 81.8K |
| 10 | AAPLAPPLE INChistory → | COM | 1.67% | $3M | 19.0K |
| 11 | INVESCO DB MULTI-SECTOR COMM | OIL FD | 1.56% | $3M | 171.8K |
| 12 | DIREXION SHS ETF TR | AUSPCE CMD STG | 1.47% | $3M | 96.3K |
| 13 | VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 1.44% | $3M | 37.4K |
| 14 | VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 1.05% | $2M | 52.4K |
| 15 | INDEXIQ ACTIVE ETF TR | IQ MACKAY INTRME | 0.98% | $2M | 81.7K |
| 16 | NVDANVIDIA CORPORATION | COM | 0.79% | $2M | 3.6K |
| 17 | GOLDMAN SACHS ETF TR | ACCES TREASURY | 0.63% | $1M | 12.3K |
| 18 | GOOGLALPHABET INC | CAP STK CL A | 0.63% | $1M | 9.3K |
| 19 | SPDR S&P 500 ETF TR | TR UNIT | 0.60% | $1M | 2.7K |
| 20 | METAMETA PLATFORMS INC | CL A | 0.56% | $1M | 3.6K |
| 21 | AMZNAMAZON COM INC | COM | 0.49% | $948,951 | 7.5K |
| 22 | SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 0.44% | $851,442 | 27.5K |
| 23 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.43% | $832,138 | 2.4K |
| 24 | MSFTMICROSOFT CORP | COM | 0.42% | $815,778 | 2.6K |
| 25 | JPMJPMORGAN CHASE & CO | COM | 0.38% | $747,868 | 5.2K |
| 26 | IAU*ISHARES GOLD TR | ISHARES NEW | 0.37% | $728,632 | 20.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $382M | 163 | Apr 21, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $363M | 162 | Feb 9, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $320M | 157 | Jul 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $294M | 149 | Apr 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $296M | 145 | Jan 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $279M | 149 | Oct 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $248M | 142 | Jul 17, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $143M | 79 | May 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $208M | 135 | Jan 25, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $195M | 124 | Oct 30, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $194M | 120 | Aug 30, 2023 | 13F-HR | changes · 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 ↗.