Managers / Q4 2018 · view latest →

Squar Milner Financial Services LLC

CIK 0001727592 · 18500 VON KARMAN AVENUE, 10TH FLOOR, IRVINE, CA, 92612 · 949-222-2999

Reported Value

$104M

Q4 2018

Positions

753

Filings on Record

2019–present window

Filed

Feb 13, 2019

original filing

Summary

Squar Milner Financial Services LLC reported $104M in U.S.-listed holdings across 753 positions for Q4 2018.

Its largest position, Spdr Portfolio S P 500 Growth Etf, represents 4.9% of the portfolio.

Portfolio Metrics

Top-10 Concentration

+24.6%

share of reported value

Largest Position

+4.9%

Spdr Portfolio S P 500 Growth Etf

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

Portfolio Composition

By security type

ETP · 48.2% · $50M
Common Stock · 43.7% · $45M
Other · 3.0% · $3M
MLP · 1.6% · $2M
ADR · 1.3% · $1M
Other · 2.3% · $2M

Quarter-over-Quarter Changes full breakdown →

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
SPDR PORTFOLIO S&P 500 GROWTH ETF	NEW	+155.7K	155.7K	+$5M	$5M
AAPL APPLE INC COM	NEW	+25.6K	25.6K	+$4M	$4M
SPDR S&P 500 ETF	NEW	+12.2K	12.2K	+$3M	$3M
ISHARES CORE S&P 500 ETF	NEW	+10.2K	10.2K	+$3M	$3M
INVESCO S&P 500 LOW VOLATILITY ETF	NEW	+50.9K	50.9K	+$2M	$2M
BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW	NEW	+11.2K	11.2K	+$2M	$2M
MSFT MICROSOFT CORP COM	NEW	+16.3K	16.3K	+$2M	$2M
GOLDMAN SACHS ACCESS TREASURY 0-1 YEAR ETF	NEW	+16.6K	16.6K	+$2M	$2M

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

Holdings — Q4 2018

50 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	SPDR PORTFOLIO S&P 500 GROWTH ETF	ETF	4.86%	$5M	155.7K
2	AAPL APPLE INC COM history →	Stock	3.89%	$4M	25.6K
3	SPDR S&P 500 ETF	ETF	2.93%	$3M	12.2K
4	ISHARES CORE S&P 500 ETF	ETF	2.47%	$3M	10.2K
5	INVESCO S&P 500 LOW VOLATILITY ETF	ETF	2.28%	$2M	50.9K
6	BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW history →	Stock	2.20%	$2M	11.2K
7	MSFT MICROSOFT CORP COM history →	Stock	1.59%	$2M	16.3K
8	GOLDMAN SACHS ACCESS TREASURY 0-1 YEAR ETF	ETF	1.59%	$2M	16.6K
9	SPDR S&P DIVIDEND ETF	ETF	1.49%	$2M	17.3K
10	ISHARES U.S. PREFERRED STOCK ETF	ETF	1.33%	$1M	40.5K
11	WISDOMTREE U.S. MIDCAP EARNINGS FUND	ETF	1.30%	$1M	39.4K
12	SPDR PORTFOLIO S&P 500 VALUE ETF	ETF	1.27%	$1M	48.8K
13	ISHARES S&P SMALL-CAP FUND	ETF	1.26%	$1M	18.9K
14	SPDR PORTFOLIO MID CAP ETF	ETF	1.26%	$1M	44.4K
15	JNJ JOHNSON & JOHNSON COM history →	Stock	1.20%	$1M	9.7K
16	NDQ INVESCO QQQ TRUST history →	ETF	1.20%	$1M	8.1K
17	WISDOMTREE U.S. QUALITY DIVIDEND GROWTH FUND	ETF	1.04%	$1M	28.3K
18	ISHARES RUSSELL MID-CAP VALUE ETF	ETF	0.93%	$968,000	12.7K
19	SPDR BLOOMBERG BARCLAYS 1-3 MONTH T-BILL ETF	ETF	0.92%	$960,000	10.5K
20	ISHARES MSCI EAFE GROWTH ETF	ETF	0.91%	$945,000	13.7K
21	ISHARES MSCI EAFE ETF	ETF	0.89%	$924,000	15.7K
22	PFE PFIZER INC COM	Stock	0.79%	$824,000	18.9K
23	SPDR S&P 600 SMALL CAP VALUE ETF	ETF	0.73%	$755,000	14.0K
24	JPM JPMORGAN CHASE & CO COM	Stock	0.68%	$703,000	7.2K
25	T AT&T INC COM	Stock	0.67%	$702,000	24.6K
26	NLYEUR ANNALY CAP MGMT INC COM	REIT	0.67%	$701,000	71.4K
27	ISHARES RUSSELL 1000 GROWTH ETF	ETF	0.66%	$688,000	5.3K
28	WEP MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP	Stock	0.65%	$677,000	11.9K
29	BAC BANK AMER CORP COM	Stock	0.62%	$650,000	26.4K
30	GOOGL ALPHABET INC CAP STK CL A	Stock	0.61%	$633,000	606
31	BARRONS 400 ETF	ETF	0.60%	$629,000	17.7K
32	CSCO CISCO SYS INC COM	Stock	0.60%	$622,000	14.3K
33	MRK MERCK & CO INC COM	Stock	0.60%	$621,000	8.1K
34	DIS DISNEY WALT CO COM DISNEY	Stock	0.59%	$617,000	5.6K
35	EXMOC EXXON MOBIL CORP COM	Stock	0.59%	$609,000	8.9K
36	INVESCO VARIABLE RATE PREFERRED ETF	ETF	0.57%	$590,000	25.9K
37	MO ALTRIA GROUP INC COM	Stock	0.55%	$570,000	11.5K
38	ABT ABBOTT LABS COM	Stock	0.52%	$542,000	7.5K
39	ABBV ABBVIE INC COM	Stock	0.52%	$542,000	5.9K
40	SBUX STARBUCKS CORP COM	Stock	0.52%	$539,000	8.4K
41	AMGN AMGEN INC COM	Stock	0.50%	$518,000	2.7K
42	WFC WELLS FARGO CO NEW COM	Stock	0.49%	$515,000	11.2K
43	UNH UNITEDHEALTH GROUP INC COM	Stock	0.49%	$505,000	2.0K
44	VGSH VANGUARD SHORT-TERM GOVERNMENT BOND ETF	ETF	0.48%	$502,000	8.3K
45	VANGUARD FTSE ALL-WORLD EX US INDEX FUND	ETF	0.48%	$499,000	10.9K
46	SPDR PORTFOLIO EMERGING MARKETS ETF	ETF	0.47%	$494,000	15.3K
47	EIX EDISON INTL COM	Stock	0.46%	$480,000	8.5K
48	WISDOMTREE INDIA EARNINGS FUND	ETF	0.46%	$476,000	19.2K
49	FIRST TRUST NASDAQ-100 TECHNOLOGY SECTOR INDEX FUND	ETF	0.45%	$464,000	6.8K
50	ISHARES RUSSELL MID-CAP GROWTH ETF	ETF	0.44%	$462,000	4.1K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2020	$166M	829	Apr 22, 2020	13F-HR	changes · EDGAR ↗
Q4 2019	$200M	885	Jan 21, 2020	13F-HR	changes · EDGAR ↗
Q3 2019	$163M	868	Oct 22, 2019	13F-HR	changes · EDGAR ↗
Q2 2019	$148M	818	Jul 25, 2019	13F-HR	changes · EDGAR ↗
Q1 2019	$136M	845	Apr 25, 2019	13F-HR	changes · EDGAR ↗
Q4 2018	$104M	753	Feb 13, 2019	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 ↗.