Managers / Q1 2023 · view latest →

Triumph Capital Management

CIK 0001730765 · 1610 WYNKOOP STREET, SUITE 550, DENVER, CO, 80202 · 7203995555

Reported Value

$196M

Q1 2023

Positions

190

Filings on Record

2019–present window

Filed

May 8, 2023

original filing

Summary

Triumph Capital Management reported $196M in U.S.-listed holdings across 190 positions for Q1 2023.

Its largest position, Jpmorgan Ultra Short Income Etf, represents 9.1% of the portfolio.

Compared with Q4 2022, the fund opened 37 new positions and exited 54.

Portfolio Metrics

Turnover

+25.2%

vs prior filed quarter

Top-10 Concentration

+42.7%

share of reported value

Largest Position

+9.1%

Jpmorgan Ultra Short Income Etf

New / Exited

37 / 54

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

Portfolio Composition

By security type

ETP · 73.2% · $143M
Common Stock · 22.9% · $45M
Other · 2.7% · $5M
ADR · 1.1% · $2M
MLP · 0.1% · $265,738

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
ISHARES RUSSELL MIDCAP ETF	NEW	+64.0K	64.0K	+$4M	$4M
ISHARES FLOATING RATE BOND ETF	NEW	+41.4K	41.4K	+$2M	$2M
SPDR BLOOMBERG INVESTMENT GRADE FLOATING RATE ETF	NEW	+53.8K	53.8K	+$2M	$2M
CONSUMER STAPLES SELECT SECTOR SPDR FUND	NEW	+21.2K	21.2K	+$2M	$2M
AMD ADVANCED MICRO DEVICES INC COM	NEW	+13.3K	13.3K	+$1M	$1M
JPMORGAN EQUITY PREMIUM INCOME ETF	NEW	+22.7K	22.7K	+$1M	$1M
TSN TYSON FOODS INC CL A	NEW	+16.2K	16.2K	+$959,560	$959,560
EUFN ISHARES MSCI EUROPE FINANCIALS ETF	NEW	+36.7K	36.7K	+$686,701	$686,701

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

Holdings — Q1 2023

50 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	JPMORGAN ULTRA-SHORT INCOME ETF	ETF	9.08%	$18M	353.0K
2	FIRST TRUST ENHANCED SHORT MATURITY ETF	ETF	8.50%	$17M	279.6K
3	SPDR S&P 500 ETF TRUST	ETF	5.31%	$10M	25.4K
4	GOLDMAN SACHS ACCESS TREASURY 0-1 YEAR ETF	ETF	3.58%	$7M	70.0K
5	SPDR BLOOMBERG 1-3 MONTH T-BILL ETF	ETF	3.56%	$7M	75.9K
6	ISHARES SHORT TREASURY BOND ETF	ETF	2.89%	$6M	51.2K
7	FIRST TRUST PREFERRED SECURITIES & INCOME ETF	ETF	2.80%	$5M	343.1K
8	NDQ INVESCO QQQ TRUST history →	ETF	2.53%	$5M	15.4K
9	ISHARES RUSSELL MIDCAP ETF	ETF	2.29%	$4M	64.0K
10	ISHARES RUSSELL 2000 ETF	ETF	2.13%	$4M	23.3K
11	VANGUARD TOTAL BOND MARKET ETF	ETF	2.08%	$4M	55.2K
12	FIRST TRUST NASDAQ CYBERSECURITY ETF	ETF	1.77%	$3M	80.9K
13	MSFT MICROSOFT CORP COM history →	COM	1.64%	$3M	11.2K
14	FIRST TRUST CAPITAL STRENGTH ETF	ETF	1.64%	$3M	44.0K
15	FIRST TRUST CLOUD COMPUTING ETF	ETF	1.59%	$3M	46.5K
16	SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST	ETF	1.25%	$2M	7.3K
17	FIRST TRUST VALUE LINE DIVIDEND INDEX FUND	ETF	1.21%	$2M	58.9K
18	ISHARES FLOATING RATE BOND ETF	ETF	1.07%	$2M	41.4K
19	AON PLC SHS CL A	COM	1.04%	$2M	6.4K
20	BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW history →	COM	1.04%	$2M	6.6K
21	NVDA NVIDIA CORPORATION COM history →	COM	1.02%	$2M	7.2K
22	AAPL APPLE INC COM	COM	0.89%	$2M	10.6K
23	SPDR BLOOMBERG INVESTMENT GRADE FLOATING RATE ETF	ETF	0.84%	$2M	53.8K
24	XLE ENERGY SELECT SECTOR SPDR FUND	ETF	0.82%	$2M	19.4K
25	CONSUMER STAPLES SELECT SECTOR SPDR FUND	ETF	0.81%	$2M	21.2K
26	PG PROCTER AND GAMBLE CO COM	COM	0.80%	$2M	10.6K
27	ISHARES MSCI USA QUALITY FACTOR ETF	ETF	0.73%	$1M	11.5K
28	GLOBAL X SUPERDIVIDEND US ETF	ETF	0.70%	$1M	78.5K
29	PACER US CASH COWS 100 ETF	ETF	0.68%	$1M	28.5K
30	SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET ETF	ETF	0.68%	$1M	26.5K
31	AMD ADVANCED MICRO DEVICES INC COM	COM	0.66%	$1M	13.3K
32	JPMORGAN EQUITY PREMIUM INCOME ETF	ETF	0.63%	$1M	22.7K
33	TSLA TESLA INC COM	COM	0.60%	$1M	5.7K
34	BAC VERIZON COMMUNICATIONS INC COM	COM	0.59%	$1M	29.5K
35	MMM 3M CO COM	COM	0.58%	$1M	10.9K
36	PANW PALO ALTO NETWORKS INC COM	COM	0.57%	$1M	5.6K
37	SOFI SOFI TECHNOLOGIES INC COM	COM	0.50%	$982,332	161.8K
38	META META PLATFORMS INC CL A	COM	0.49%	$964,963	4.6K
39	TSN TYSON FOODS INC CL A	COM	0.49%	$959,560	16.2K
40	ISHARES MSCI BRAZIL ETF	ETF	0.48%	$948,422	34.6K
41	ISHARES LATIN AMERICA 40 ETF	ETF	0.47%	$912,897	38.2K
42	PROSHARES S&P 500 DIVIDEND ARISTOCRATS ETF	ETF	0.45%	$874,905	9.6K
43	XLU UTILITIES SELECT SECTOR SPDR FUND	ETF	0.43%	$836,107	12.4K
44	FIRST TRUST DOW JONES GLOBAL SELECT DIVIDEND INDEX FUND	ETF	0.42%	$828,442	37.5K
45	BROOKFIELD RENEWABLE PARTNERS PARTNERSHIP UNIT	COM	0.40%	$789,073	25.0K
46	HEALTH CARE SELECT SECTOR SPDR FUND	ETF	0.40%	$781,893	6.0K
47	QCOM QUALCOMM INC COM	COM	0.39%	$771,472	6.0K
48	GLOBAL X ALTERNATIVE INCOME ETF	ETF	0.39%	$765,612	67.5K
49	WFC WELLS FARGO CO NEW COM	COM	0.39%	$759,300	20.3K
50	SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF	ETF	0.38%	$736,030	22.9K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$491M	1,838	May 13, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$463M	1,769	Feb 12, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$411M	1,969	Nov 17, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$333M	286	Jul 9, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$300M	276	May 6, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$292M	273	Feb 14, 2025	13F-HR	changes · EDGAR ↗
Q1 2024	$245M	225	Apr 25, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$236M	215	Feb 5, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$220M	220	Oct 31, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$221M	224	Aug 3, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$196M	190	May 8, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	$187M	207	Jan 31, 2023	13F-HR	changes · EDGAR ↗
Q3 2022	$184M	187	Nov 1, 2022	13F-HR	changes · EDGAR ↗
Q2 2022	$189M	204	Aug 2, 2022	13F-HR	changes · EDGAR ↗
Q1 2022	$231M	199	May 3, 2022	13F-HR	changes · EDGAR ↗
Q4 2021	$231M	210	Feb 11, 2022	13F-HR	changes · EDGAR ↗
Q3 2021	$214M	189	Nov 16, 2021	RESTATEMENT	changes · EDGAR ↗
Q2 2021	$171M	160	Jul 19, 2021	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 ↗.