SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Demars Financial Group, LLC

CIK 0001723115 · 420 N EVERGREEN RD, STE 300, SPOKANE VALLEY, WA, 99216 · 509-536-9556

Reported Value
$187M
Q4 2023
Positions
65
Filings on Record
27
2019–present window
Filed
Feb 1, 2024
original filing

Summary

Demars Financial Group, LLC reported $187M in U.S.-listed holdings across 65 positions for Q4 2023.

The portfolio is heavily concentrated: Ishares Tr alone accounts for 20.9% of reported value.

Compared with Q3 2023, the fund opened 7 new positions and exited 15.

Portfolio Metrics

Turnover
+44.5%
vs prior filed quarter
Top-10 Concentration
+78.9%
share of reported value
Largest Position
+20.9%
Ishares Tr
New / Exited
7 / 15
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 ’19: $111MQ4 ’19Q1 ’20: $96MQ2 ’20: $127MQ3 ’20: $131MQ3 ’20Q4 ’20: $141MQ1 ’21: $149MQ2 ’21: $166MQ2 ’21Q3 ’21: $170MQ4 ’21: $189MQ1 ’22: $199MQ1 ’22Q2 ’22: $176MQ3 ’22: $168MQ4 ’22: $181MQ4 ’22Q1 ’23: $181MQ2 ’23: $180MQ3 ’23: $175MQ3 ’23Q4 ’23: $187MQ1 ’24: $203MQ2 ’24: $209MQ2 ’24Q3 ’24: $219MQ1 ’25: $3MQ3 ’25: $289MQ3 ’25Q4 ’25: $299MQ1 ’26: $304Mfilingsflow.com

Portfolio Composition

By security type
ETP: 73.8%Common Stock: 21.5%Other: 2.5%REIT: 1.2%Closed-End Fund: 1.0%
  • ETP · 73.8% · $138M
  • Common Stock · 21.5% · $40M
  • Other · 2.5% · $5M
  • REIT · 1.2% · $2M
  • Closed-End Fund · 1.0% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+163.9K163.9K+$37M$37M
INVESCO EXCHANGE TRADED FD TNEW+384.8K384.8K+$15M$15M
SPDR SER TRNEW+281.4K281.4K+$13M$13M
XLESELECT SECTOR SPDR TRNEW+102.0K102.0K+$9M$9M
ISHARES TRNEW+152.0K152.0K+$5M$5M
MPCMARATHON PETE CORPNEW+23.6K23.6K+$4M$4M
FIDELITY COVINGTON TRUSTNEW+22.5K22.5K+$612,964$612,964
BWXTBWX TECHNOLOGIES INCADDED+37.5K44.6K+$3M$3M

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

Holdings — Q4 2023

41 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRFLTG RATE NT ETF · S&P 100 ETF · HDG MSCI EAFE · CORE S&P MCP ETF · RUS 1000 GRW ETF · CORE DIV GRWTH44.28%$83M1.10M
2VANECK ETF TRUSTIG FLOATING RATE7.98%$15M593.4K
3INVESCO EXCHANGE TRADED FD TS&P 500 TOP 507.76%$15M384.8K
4SPDR SER TRPRTFLO S&P500 VL7.02%$13M281.4K
5XLESELECT SECTOR SPDR TRhistory →ENERGY4.57%$9M102.0K
6AAPLAPPLE INChistory →COM4.25%$8M41.3K
7CHUBB LIMITEDCOM2.31%$4M19.1K
8MOHMOLINA HEALTHCARE INChistory →COM1.95%$4M10.1K
9MPCMARATHON PETE CORPhistory →COM1.87%$4M23.6K
10BWXTBWX TECHNOLOGIES INChistory →COM1.83%$3M44.6K
11FIDELITY COVINGTON TRUSTMSCI HLTH CARE I · ENHANCED MID · MSCI UTILS INDEX · MSCI RL EST ETF · MSCI ENERGY IDX1.40%$3M78.0K
12NVDANVIDIA CORPORATIONhistory →COM1.05%$2M4.0K
13SPROTT PHYSICAL GOLD & SILVETR UNIT1.03%$2M101.0K
14AMZNAMAZON COM INCCOM0.92%$2M11.3K
15MRKMERCK & CO INCCOM0.76%$1M13.0K
16PSXPHILLIPS 66COM0.63%$1M8.8K
17LMTLOCKHEED MARTIN CORPCOM0.60%$1M2.5K
18ENBENBRIDGE INCCOM0.48%$889,58224.7K
19MAMASTERCARD INCORPORATEDCL A0.46%$852,2512.0K
20MSFTMICROSOFT CORPCOM0.42%$793,9502.1K
21BMYBRISTOL-MYERS SQUIBB COCOM0.41%$772,26215.1K
22JBHTHUNT J B TRANS SVCS INCCOM0.39%$724,5973.6K
23MPTMEDICAL PPTYS TRUST INCCOM0.38%$718,710146.4K
24BACVERIZON COMMUNICATIONS INCCOM0.36%$673,07517.9K
25CITHE CIGNA GROUPCOM0.34%$635,1332.1K
26EOGEOG RES INCCOM0.34%$630,5805.2K
27HDHOME DEPOT INCCOM0.32%$605,2931.7K
28DGDOLLAR GEN CORP NEWCOM0.31%$570,9904.2K
29SCHWSCHWAB CHARLES CORPCOM0.30%$564,9868.2K
30OBDCBLUE OWL CAPITAL CORPORATIONCOM0.29%$543,86236.8K
31ALBALBEMARLE CORPCOM0.28%$520,7273.6K
32TGNATEGNA INCCOM0.28%$517,83533.8K
33CMECME GROUP INCCOM0.26%$495,3312.4K
34PECOPHILLIPS EDISON & CO INCCOMMON STOCK0.26%$495,10713.6K
35BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.26%$493,4071.4K
36ARCCARES CAPITAL CORPCOM0.26%$492,32524.6K
37GOOGLALPHABET INCCAP STK CL A0.26%$477,7403.4K
388CWCROWN CASTLE INCCOM0.25%$468,1324.1K
39PROSHARES TRSHRT RUSSELL20000.24%$449,99521.3K
40PERRIGO CO PLCSHS0.21%$389,47512.1K
41WMTWALMART INCCOM0.20%$368,2332.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$304M103Apr 30, 202613F-HRchanges · EDGAR ↗
Q4 2025$299M89Jan 22, 202613F-HRchanges · EDGAR ↗
Q3 2025$289M94Oct 30, 202513F-HRchanges · EDGAR ↗
Q2 2025Under review85Jul 30, 202513F-HRchanges · EDGAR ↗
Q1 2025$3M72Apr 18, 202513F-HRchanges · EDGAR ↗
Q4 2024Under review70Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$219M67Nov 1, 202413F-HRchanges · EDGAR ↗
Q2 2024$209M67Jul 19, 202413F-HRchanges · EDGAR ↗
Q1 2024$203M68Apr 24, 202413F-HRchanges · EDGAR ↗
Q4 2023$187M65Feb 1, 202413F-HRchanges · EDGAR ↗
Q3 2023$175M73Oct 18, 202313F-HRchanges · EDGAR ↗
Q2 2023$180M72Jul 20, 202313F-HRchanges · EDGAR ↗
Q1 2023$181M73Apr 20, 202313F-HRchanges · EDGAR ↗
Q4 2022$181M69Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$168M64Oct 21, 202213F-HRchanges · EDGAR ↗
Q2 2022$176M74Jul 22, 202213F-HRchanges · EDGAR ↗
Q1 2022$199M87Apr 27, 202213F-HRchanges · EDGAR ↗
Q4 2021$189M88Feb 2, 202213F-HRchanges · EDGAR ↗
Q3 2021$170M84Oct 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$166M85Jul 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$149M80Apr 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$141M69Jan 25, 202113F-HRchanges · EDGAR ↗
Q3 2020$131M62Oct 21, 202013F-HRchanges · EDGAR ↗
Q2 2020$127M319Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$96M52Apr 27, 202013F-HRchanges · EDGAR ↗
Q4 2019$111M45Feb 13, 202013F-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 ↗.