SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Sound Income Strategies, LLC

CIK 0001730960 · 500 WEST CYPRESS CREEK ROAD, SUITE 290, FT LAUDERDALE, FL, 33309 · 954-487-1860

Reported Value
$850M
Q4 2021
Positions
884
Filings on Record
33
2019–present window
Filed
Jan 13, 2022
original filing

Summary

Sound Income Strategies, LLC reported $850M in U.S.-listed holdings across 884 positions for Q4 2021.

Its largest position, Ishares Tr, represents 5.8% of the portfolio.

Compared with Q3 2021, the fund opened 49 new positions and exited 38.

Portfolio Metrics

Turnover
+2.2%
vs prior filed quarter
Top-10 Concentration
+41.1%
share of reported value
Largest Position
+5.8%
Ishares Tr
New / Exited
49 / 38
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 ’18: $191MQ4 ’18Q1 ’19: $219MQ2 ’19: $289MQ3 ’19: $331MQ4 ’19: $590MQ4 ’19Q1 ’20: $291MQ2 ’20: $334MQ3 ’20: $366MQ4 ’20: $453MQ4 ’20Q3 ’21: $774MQ4 ’21: $850MQ1 ’22: $869MQ2 ’22: $750MQ2 ’22Q3 ’22: $688MQ4 ’22: $785MQ1 ’23: $920MQ2 ’23: $973MQ2 ’23Q3 ’23: $1.2BQ4 ’23: $1.2BQ1 ’24: $1.3BQ2 ’24: $1.6BQ2 ’24Q3 ’24: $1.6BQ4 ’24: $1.6BQ1 ’25: $1.7BQ2 ’25: $1.7BQ2 ’25Q3 ’25: $1.8BQ4 ’25: $2.1BQ1 ’26: $2.1Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 50.2%ETP: 43.4%REIT: 4.9%Other: 1.1%Closed-End Fund: 0.3%Other: 0.1%
  • Common Stock · 50.2% · $426M
  • ETP · 43.4% · $369M
  • REIT · 4.9% · $41M
  • Other · 1.1% · $10M
  • Closed-End Fund · 0.3% · $3M
  • Other · 0.1% · $879,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GAPGAP INCNEW+87.0K87.0K+$2M$2M
INVESCO EXCHANGE TRADED FD TNEW+13.6K13.6K+$575,000$575,000
IRTINDEPENDENCE RLTY TR INCNEW+11.9K11.9K+$307,000$307,000
VDCVANGUARD WORLD FDSNEW+600600+$120,000$120,000
VANGUARD MALVERN FDSNEW+1.0K1.0K+$53,000$53,000
SPDR SER TRNEW+704704+$39,000$39,000
PDIPIMCO DYNAMIC INCOME FDNEW+1.4K1.4K+$36,000$36,000
VPUVANGUARD WORLD FDSNEW+200200+$31,000$31,000

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

Holdings — Q4 2021

45 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TR0-5YR HI YL CP · FALN ANGLS USD · 10+ YR INVST GRD9.36%$80M2.01M
2VANECK VECTORS ETF TREMERGING MKTS HI · FALLEN ANGEL HG8.00%$68M2.66M
3SPDR SER TRBLOOMBERG BRCLYS · BLOOMBERG SRT TR6.16%$52M1.20M
4INVESCO EXCH TRADED FD TR IIEMRNG MKT SVRG4.37%$37M1.41M
5ISHARES INCJP MRGN EM HI BD4.25%$36M838.5K
6ARCCARES CAPITAL CORPhistory →COM4.19%$36M1.68M
7HTGCHERCULES CAPITAL INChistory →COM4.07%$35M2.08M
8TSLXSIXTH STREET SPECIALTY LENDNhistory →COM3.77%$32M1.37M
9PFLTPENNANTPARK FLOATING RATE CAhistory →COM3.56%$30M2.37M
10TIDAL ETF TRSOUND ENHANCED · SOUND EQUITY INM3.50%$30M1.29M
11GBDCGOLUB CAP BDC INChistory →COM3.11%$26M1.71M
12DBX ETF TRXTRACK USD HIGH2.98%$25M636.5K
13MAINMAIN STR CAP CORPhistory →COM2.16%$18M408.5K
14PFEPFIZER INChistory →COM1.34%$11M192.1K
15ABBVABBVIE INChistory →COM1.30%$11M81.9K
16PG4PRINCIPAL FINANCIAL GROUP INhistory →COM1.23%$10M144.5K
17CSWCCAPITAL SOUTHWEST CORPhistory →COM1.11%$9M374.7K
18LYONDELLBASELL INDUSTRIES NSHS - A -1.04%$9M95.4K
19ENBENBRIDGE INChistory →COM1.00%$9M217.7K
20HRBBLOCK H & R INCCOM0.96%$8M346.4K
21GEF/BGREIF INCCL B0.94%$8M134.2K
22VLOVALERO ENERGY CORPCOM0.90%$8M101.7K
237HPHP INCCOM0.88%$7M198.7K
24HN9HANESBRANDS INCCOM0.85%$7M433.9K
25IBMINTERNATIONAL BUSINESS MACHSCOM0.84%$7M53.7K
26AAPLAPPLE INCCOM0.84%$7M40.0K
27TAT&T INCCOM0.81%$7M279.5K
28TPVGTRIPLEPOINT VENTURE GROWTH BCOM0.80%$7M376.5K
29CSCOCISCO SYS INCCOM0.77%$7M103.7K
30OMCOMNICOM GROUP INCCOM0.76%$6M88.2K
31PLYMPLYMOUTH INDL REIT INCCOM0.75%$6M198.0K
32SPGSIMON PPTY GROUP INC NEWCOM0.70%$6M37.2K
33PBCTEURPEOPLES UNITED FINANCIAL INCCOM0.68%$6M325.3K
34NYCBEURNEW YORK CMNTY BANCORP INCCOM0.66%$6M461.9K
35GMREUSDGLOBAL MED REIT INCCOM NEW0.61%$5M294.1K
36BENFRANKLIN RESOURCES INCCOM0.61%$5M155.5K
37MGM GROWTH PPTYS LLCCL A COM0.60%$5M124.4K
38JNJJOHNSON & JOHNSONCOM0.59%$5M29.3K
39SRCUSDSPIRIT RLTY CAP INC NEWCOM NEW0.57%$5M101.3K
40MPTMEDICAL PPTYS TRUST INCCOM0.54%$5M192.5K
41DOWDOW INCCOM0.53%$4M79.2K
42FT2FIRST HORIZON CORPORATIONCOM0.53%$4M274.6K
43GNLGLOBAL NET LEASE INCCOM NEW0.49%$4M270.3K
44XRXXEROX HOLDINGS CORPCOM NEW0.47%$4M178.1K
45WHFWHITEHORSE FIN INCCOM0.44%$4M241.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.1B2,596Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.1B2,516Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.8B1,701Oct 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.7B1,609Jul 17, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.7B1,558Apr 17, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.6B1,478Jan 21, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.6B1,409Oct 10, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.6B1,385Jul 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.3B1,349Apr 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.2B1,319Jan 10, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.2B1,161Oct 12, 202313F-HRchanges · EDGAR ↗
Q2 2023$973M1,111Jul 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$920M1,057Apr 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$785M979Jan 11, 202313F-HRchanges · EDGAR ↗
Q3 2022$688M962Oct 18, 202213F-HRchanges · EDGAR ↗
Q2 2022$750M955Jul 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$869M933Apr 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$850M884Jan 13, 202213F-HRchanges · EDGAR ↗
Q3 2021$774M873Oct 12, 202113F-HRchanges · EDGAR ↗
Q2 2021Under review926Jul 13, 202113F-HRchanges · EDGAR ↗
Q1 2021Under review961Apr 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$453M950Jan 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$366M932Oct 8, 202013F-HRchanges · EDGAR ↗
Q2 2020$334M870Jul 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$291M868Apr 7, 202013F-HRchanges · EDGAR ↗
Q4 2019REVEALED$590M1,305Jan 6, 202013F-HRchanges · EDGAR ↗
Q3 2019$331M763Oct 4, 201913F-HRchanges · EDGAR ↗
Q2 2019$289M762Jul 16, 201913F-HRchanges · EDGAR ↗
Q1 2019$219M772Apr 4, 201913F-HRchanges · EDGAR ↗
Q4 2018$191M813Jan 11, 2019RESTATEMENTchanges · 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 ↗.