Managers / Q2 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 $148M in U.S.-listed holdings across 818 positions for Q2 2019.
Its largest position, Spdr Portfolio S P 500 Growth Etf, represents 6.8% of the portfolio.
Compared with Q1 2019, the fund opened 87 new positions and exited 119.
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 · 50.5% · $75M
- Common Stock · 42.5% · $63M
- Other · 2.5% · $4M
- ADR · 1.3% · $2M
- Closed-End Fund · 1.1% · $2M
- Other · 2.1% · $3M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| PIMCO ENHANCED SHORT MATURITY ACTIVE EXCHANGE-TRADED FUND | NEW | +8.8K | 8.8K | +$893,000 | $893,000 |
| SPDR SSGA US LARGE CAP LOW VOLATILITY INDEX ETF | NEW | +6.0K | 6.0K | +$650,000 | $650,000 |
| ISHARES MSCI UNITED KINGDOM ETF | NEW | +12.0K | 12.0K | +$388,000 | $388,000 |
| ISHARES MSCI SWITZERLAND ETF | NEW | +8.0K | 8.0K | +$300,000 | $300,000 |
| ISHARES MSCI AUSTRALIA ETF | NEW | +12.5K | 12.5K | +$282,000 | $282,000 |
| ISHARES MSCI GERMANY ETF | NEW | +8.0K | 8.0K | +$224,000 | $224,000 |
| BXBLACKSTONE GROUP INC COM CL A | NEW | +4.9K | 4.9K | +$219,000 | $219,000 |
| DWDPEURDUPONT DE NEMOURS INC COM | NEW | +2.8K | 2.8K | +$213,000 | $213,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 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 ↗.