Managers / Q1 2019 · view latest →
Squar Milner Financial Services LLC
CIK 0001727592 · 18500 VON KARMAN AVENUE, 10TH FLOOR, IRVINE, CA, 92612 · 949-222-2999
Summary
Squar Milner Financial Services LLC reported $136M in U.S.-listed holdings across 845 positions for Q1 2019.
Its largest position, Spdr Portfolio S P 500 Growth Etf, represents 6.3% of the portfolio.
Compared with Q4 2018, the fund opened 129 new positions and exited 32.
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
- ETP · 49.8% · $68M
- Common Stock · 41.2% · $56M
- Other · 3.7% · $5M
- ADR · 1.6% · $2M
- MLP · 1.2% · $2M
- Other · 2.5% · $3M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2018 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| IPATH SERIES B S&P 500 VIX SHORT-TERM FUTURES ETN | NEW | +23.6K | 23.6K | +$691,000 | $691,000 |
| SCHWAB SHORT-TERM U.S. TREASURY ETF | NEW | +7.4K | 7.4K | +$369,000 | $369,000 |
| ISHARES CORE MSCI EMERGING MARKETS ETF | NEW | +6.5K | 6.5K | +$336,000 | $336,000 |
| PCARPACCAR INC COM | NEW | +2.6K | 2.6K | +$179,000 | $179,000 |
| HDGEGBPADVISORSHARES RANGER EQUITY BEAR ETF | NEW | +24.9K | 24.9K | +$170,000 | $170,000 |
| ISHARES IBONDS DEC 2026 TERM CORPORATE ETF | NEW | +6.7K | 6.7K | +$161,000 | $161,000 |
| NUVEEN PFD & INCOME TERM FD COM | NEW | +5.7K | 5.7K | +$129,000 | $129,000 |
| BLACKROCK MUN 2030 TAR TERM TR COM SHS BEN IN | NEW | +5.7K | 5.7K | +$126,000 | $126,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2019
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 ↗.