SEC 13F Intelligence

Managers / Q3 2023

Johnson Midwest Financial, LLC

CIK 0001732399 · 706 MONTANA ST., GLIDDEN, IA, 51443 · 7126592156

Reported Value
$45M
Q3 2023
Positions
376
Filings on Record
12
2021–present window
Filed
Nov 7, 2023
original filing

Summary

Johnson Midwest Financial, LLC reported $45M in U.S.-listed holdings across 376 positions for Q3 2023.

Its largest position, IVE, represents 17.1% of the portfolio.

Compared with Q2 2023, the fund opened 21 new positions and exited 14.

Portfolio Metrics

Turnover
+1.3%
vs prior filed quarter
Top-10 Concentration
+64.9%
share of reported value
Largest Position
+17.1%
Ishares Tr
New / Exited
21 / 14
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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 ’20: $105MQ4 ’20Q1 ’21: $96MQ2 ’21: $102MQ2 ’21Q3 ’21: $122MQ4 ’21: $133MQ4 ’21Q1 ’22: $70MQ2 ’22: $74MQ2 ’22Q3 ’22: $26MQ4 ’22: $27MQ4 ’22Q1 ’23: $70MQ2 ’23: $113MQ2 ’23Q3 ’23: $45Mfilingsflow.com

Portfolio Composition

By security type
ETP: 51.2%Common Stock: 42.8%REIT: 2.8%Closed-End Fund: 1.6%ADR: 0.7%Other: 0.8%
  • ETP · 51.2% · $23M
  • Common Stock · 42.8% · $19M
  • REIT · 2.8% · $1M
  • Closed-End Fund · 1.6% · $730,301
  • ADR · 0.7% · $302,632
  • Other · 0.8% · $364,896

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AXPAMERICAN EXPRESS CONEW+1.3K1.3K+$197,229$197,229
EQTEQT CORPNEW+3.2K3.2K+$129,775$129,775
THERATECHNOLOGIES INCNEW+8.0K8.0K+$17,200$17,200
GNLGLOBAL NET LEASE INCNEW+1.4K1.4K+$13,214$13,214
CAMTCAMTEK LTDNEW+175175+$10,896$10,896
DIREXION SHS ETF TRNEW+319319+$10,843$10,843
DRNDIREXION SHS ETF TRNEW+1.4K1.4K+$9,768$9,768
CSWCCAPITAL SOUTHWEST CORPNEW+250250+$5,725$5,725

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

Holdings — Q3 2023

357 positions (from 376 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IVEISHARES TRS&P 500 VAL ETF · S&P 500 GRWT ETF · CORE S&P US GWT · CRE U S REIT ETF · ISHS 5-10YR INVT · 0-5YR HI YL CP · TIPS BD ETF · CORE MSCI EAFE · ESG AWR MSCI USA17.06%$8M80.5K
2SPYSPDR S&P 500 ETF TRhistory →TR UNIT13.27%$6M13.9K
3QQQINVESCO QQQ TRhistory →UNIT SER 110.11%$5M12.6K
4DIASPDR DOW JONES INDL AVERAGEhistory →UT SER 19.48%$4M12.6K
5AAPLAPPLE INChistory →COM3.84%$2M10.0K
6FSKFS KKR CAP CORPhistory →COM3.27%$1M74.3K
7BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW3.03%$1M3.9K
8WMTWALMART INChistory →COM1.78%$794,7515.0K
9PFGPRINCIPAL FINANCIAL GROUP INhistory →COM1.53%$683,8259.5K
10LNTALLIANT ENERGY CORPhistory →COM1.50%$670,77113.8K
11PECOPHILLIPS EDISON & CO INChistory →COMMON STOCK1.48%$659,66519.7K
12NEENEXTERA ENERGY INChistory →COM1.44%$641,86011.2K
13MCDMCDONALDS CORPhistory →COM1.26%$562,9102.1K
14TSLATESLA INChistory →COM1.24%$554,2372.2K
15METAMETA PLATFORMS INChistory →CL A1.20%$534,9741.8K
16ARCCARES CAPITAL CORPCOM · NOTE 4.625% 3/00.94%$418,10135.7K
17MSFTMICROSOFT CORPCOM0.86%$383,8601.2K
18JNJJOHNSON & JOHNSONCOM0.83%$371,3242.4K
19TSNTYSON FOODS INCCL A0.79%$353,3087.0K
20OTTROTTER TAIL CORPCOM0.76%$340,2734.5K
21XELXCEL ENERGY INCCOM0.73%$326,2785.7K
22ADBEADOBE INCCOM0.68%$302,881594
23CSXCSX CORPCOM0.56%$250,2948.1K
24DEDEERE & COCOM0.56%$249,355661
25MOALTRIA GROUP INCCOM0.51%$228,0785.4K
26EIXEDISON INTLCOM0.50%$222,8443.5K
27CPRTCOPART INCCOM0.49%$221,2245.1K
28WECWEC ENERGY GROUP INCCOM0.47%$210,8002.6K
29GSKGSK PLCSPONSORED ADR0.46%$204,5955.6K
30EXMOCEXXON MOBIL CORPCOM0.45%$201,3241.7K
31ETENERGY TRANSFER L PCOM UT LTD PTN0.44%$198,34814.1K
32AXPAMERICAN EXPRESS COCOM0.44%$197,2291.3K
33BACBANK AMERICA CORPCOM0.44%$195,2737.1K
34IBMINTERNATIONAL BUSINESS MACHSCOM0.42%$188,8441.3K
35ESEVERSOURCE ENERGYCOM0.42%$187,4173.2K
36HTGCHERCULES CAPITAL INCCOM0.39%$172,41010.5K
37WDAYWORKDAY INCCL A0.37%$167,583780
38PSECPROSPECT CAP CORPCOM0.35%$154,85425.6K
39CVXCHEVRON CORP NEWCOM0.33%$149,098884
40QCOMQUALCOMM INCCOM0.32%$141,6541.3K
41CATCATERPILLAR INCCOM0.30%$133,767490
42KOCOCA COLA COCOM0.29%$130,6012.3K
43EQTEQT CORPCOM0.29%$129,7753.2K
44GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.28%$127,172970
45AMZNAMAZON COM INCCOM0.28%$123,561972
46WYWEYERHAEUSER CO MTN BECOM NEW0.27%$122,6404.0K
47AEPAMERICAN ELEC PWR CO INCCOM0.27%$122,3831.6K
48OUSAALPS ETF TROSHARES US QUALT · ALERIAN MLP0.26%$114,6852.7K
49RFICOHEN & STEERS TOTAL RETURNCOM0.26%$114,15910.9K
50VZVERIZON COMMUNICATIONS INCCOM0.25%$112,8933.5K
51VBVANGUARD INDEX FDSSMALL CP ETF · MID CAP ETF · MCAP VL IDXVIP · VALUE ETF · SM CP VAL ETF0.24%$105,533557
52VEAVANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT0.23%$104,5782.4K
53CMICUMMINS INCCOM0.23%$101,436444
54OREALTY INCOME CORPCOM0.22%$97,3681.9K
55GENERAL ELECTRIC COCOM NEW0.22%$97,293880
56CHICALAMOS CONV OPPORTUNITIES &SH BEN INT0.21%$95,0929.0K
57EVRGEVERGY INCCOM0.21%$94,6571.9K
58PTYPIMCO CORPORATE & INCOME OPPCOM0.20%$89,4336.8K
59TMOTHERMO FISHER SCIENTIFIC INCCOM0.19%$85,287168
60TAT&T INCCOM0.19%$84,9875.7K
61LEOBNY MELLON STRATEGIC MUNS INCOM0.19%$83,85715.7K
62UNPUNION PAC CORPCOM0.18%$80,245394
63DUKDUKE ENERGY CORP NEWCOM NEW0.18%$79,242898
64PEPPEPSICO INCCOM0.17%$77,242456
65INTCINTEL CORPCOM0.17%$76,3122.1K
66EPDENTERPRISE PRODS PARTNERS LCOM0.17%$75,9762.8K
67CGCARLYLE GROUP INCCOM0.17%$75,2192.5K
68ABNBAIRBNB INCCOM CL A0.17%$75,191548
69NINISOURCE INCCOM0.17%$74,2873.0K
70SLFSUN LIFE FINANCIAL INC.COM0.17%$74,0581.5K
71ENBENBRIDGE INCCOM0.15%$67,4462.0K
72UNHUNITEDHEALTH GROUP INCCOM0.15%$65,406130
73NLYANNALY CAPITAL MANAGEMENT INCOM NEW0.14%$64,7363.4K
74DBMFLITMAN GREGORY FDS TRIMGP DBI MANAGED0.14%$64,0422.2K
75DNPDNP SELECT INCOME FD INCCOM0.14%$61,0496.4K
76OCSLOAKTREE SPECIALTY LENDING COCOM0.13%$58,9312.9K
77AVGOBROADCOM INCCOM0.13%$58,50270
78PGPROCTER AND GAMBLE COCOM0.13%$56,227385
79WFCWELLS FARGO CO NEWCOM0.12%$55,2881.4K
80NVDANVIDIA CORPORATIONCOM0.12%$55,247127
81SPIRIT AIRLS INCCOM0.11%$48,6753.0K
82KMIKINDER MORGAN INC DELCOM0.10%$46,7642.8K
83BPBP PLCSPONSORED ADR0.10%$45,7691.2K
84HDHOME DEPOT INCCOM0.10%$45,324150
85AEBAALLETE INCCOM NEW0.10%$45,197856
86FST TR NEW OPPORT MLP & ENECOM0.10%$45,0727.2K
87ORCLORACLE CORPCOM0.10%$44,931424
88RYROYAL BK CDACOM0.10%$43,720500
89WMWASTE MGMT INC DELCOM0.10%$43,293284
90HRHEALTHCARE RLTY TRCL A COM0.10%$43,1872.8K
91MKCMCCORMICK & CO INCCOM NON VTG0.10%$43,115570
92ASGIABRDN GLOBAL INFRA INCOME FUCOM SHS BEN INT0.10%$42,7942.7K
93NADNUVEEN QUALITY MUNCP INCOMECOM0.09%$40,6094.0K
94NTRNUTRIEN LTDCOM0.08%$37,865613
95PMPHILIP MORRIS INTL INCCOM0.08%$37,289403
96FTAIFTAI AVIATION LTDSHS0.08%$35,5501.0K
97ABTABBOTT LABSCOM0.08%$35,302365
98MPTMEDICAL PPTYS TRUST INCCOM0.08%$34,7986.4K
99WBAWALGREENS BOOTS ALLIANCE INCCOM0.08%$34,5071.6K
100METMETLIFE INCCOM0.07%$33,413531

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$45M376Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$113M369Jul 20, 202313F-HRchanges · EDGAR ↗
Q1 2023$70M385Apr 19, 202313F-HRchanges · EDGAR ↗
Q4 2022$27M390Jan 26, 202313F-HRchanges · EDGAR ↗
Q3 2022$26M347Oct 13, 202213F-HRchanges · EDGAR ↗
Q2 2022$74M320Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$70M287Apr 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$133M309Jan 26, 202213F-HRchanges · EDGAR ↗
Q3 2021$122M321Oct 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$102M303Jul 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$96M278Apr 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$105M280Jan 20, 202113F-HRchanges · 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 ↗.