SEC 13F Intelligence

Managers / Q1 2019 · view latest →

Q3 Asset Management

CIK 0001732543 · 2175 COLE, BIRMINGHAM, MI, 48009 · 2485661122

Reported Value
$37M
Q1 2019
Positions
25
Filings on Record
30
2019–present window
Filed
Apr 17, 2019
original filing

Summary

Q3 Asset Management reported $37M in U.S.-listed holdings across 25 positions for Q1 2019.

Its largest position, XLU, represents 11.8% of the portfolio.

Compared with Q4 2018, the fund opened 21 new positions and exited 12.

Portfolio Metrics

Turnover
+82.6%
vs prior filed quarter
Top-10 Concentration
+71.8%
share of reported value
Largest Position
+11.8%
Utilities Select Sector Spdr Etf
New / Exited
21 / 12
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 ’18: $40MQ4 ’18Q1 ’19: $37MQ2 ’19: $43MQ3 ’19: $40MQ4 ’19: $44MQ4 ’19Q1 ’20: $97MQ2 ’20: $105MQ3 ’20: $123MQ4 ’20: $126MQ4 ’20Q1 ’21: $188MQ2 ’21: $204MQ3 ’21: $207MQ4 ’21: $235MQ4 ’21Q1 ’22: $217MQ2 ’22: $132MQ3 ’22: $137MQ4 ’22: $148MQ4 ’22Q1 ’23: $120MQ2 ’23: $206MQ3 ’23: $252MQ4 ’23: $396MQ4 ’23Q1 ’24: $352MQ2 ’24: $441MQ3 ’24: $427MQ4 ’24: $161MQ4 ’24Q1 ’25: $146MQ3 ’25: $292MQ4 ’25: $437MQ1 ’26: $412MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 97.7%Common Stock: 2.3%Other: 0.0%
  • ETP · 97.7% · $36M
  • Common Stock · 2.3% · $838,000
  • Other · 0.0% · $1,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VOTVanguard Mid-Cap Growth ETFNEW+1.15M1.15M+$3M$3M
XBISPDR S&P Biotech ETFNEW+1.14M1.14M+$3M$3M
XLKTechnology Select Sector SPDR ETFNEW+1.21M1.21M+$3M$3M
VBKVanguard Small-Cap Growth ETFNEW+1.13M1.13M+$3M$3M
XHBSPDR S&P Homebuilders ETFNEW+1.15M1.15M+$3M$3M
TLTISHARES TRUST 20 YR TR BD ETFNEW+739.2K739.2K+$2M$2M
IEFiShares 7-10 Year Treasury Bond ETFNEW+721.9K721.9K+$2M$2M
CWBSPDR Blmbg Barclays Convert Secs ETFNEW+534.0K534.0K+$1M$1M

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

Holdings — Q1 2019

25 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1XLUUtilities Select Sector SPDR ETFhistory →ETF11.85%$4M1.24M
2VOTVanguard Mid-Cap Growth ETFhistory →ETF8.92%$3M1.15M
3XBISPDR S&P Biotech ETFhistory →ETF8.85%$3M1.14M
4XLKTechnology Select Sector SPDR ETFhistory →ETF8.60%$3M1.21M
5VBKVanguard Small-Cap Growth ETFhistory →ETF8.55%$3M1.13M
6XHBSPDR S&P Homebuilders ETFhistory →ETF8.44%$3M1.15M
7TLTISHARES TRUST 20 YR TR BD ETFhistory →ETF4.70%$2M739.2K
8IEFiShares 7-10 Year Treasury Bond ETFhistory →ETF4.66%$2M721.9K
9CWBSPDR Blmbg Barclays Convert Secs ETFhistory →ETF3.64%$1M534.0K
10iShares Gold TrustETF3.55%$1M601.3K
11VCITVanguard Interm-Term Corp Bd ETFhistory →ETF3.54%$1M664.0K
12FXYINVESCO CCY SHS JAPANESE YEN T JAPANESE YEN ETFhistory →ETF3.51%$1M519.0K
13IGVISHARES GOLDMAN SACHS SOFTWARE INDEX FUNDhistory →ETF3.51%$1M15.1K
14PHOINVESCO EXCHANGE TRADED FD TR WATER RES ETFhistory →ETF3.47%$1M129.9K
15IHIISHARES US MEDICAL DEVICES ETFhistory →ETF3.41%$1M95.9K
16XLIINDUSTRIAL SELECT SECT SPDRhistory →ETF3.35%$1M108.6K
17PPAINVESCO AEROSPACE & DEFENSE ETFhistory →ETF3.27%$1M110.4K
18VZVERIZON COMMUNICATIONShistory →COM1.58%$588,0009.9K
19ISHARES IBOXX $ INVESTMENT GRAETF1.11%$413,00061.8K
20UNPUNION PACIFIC CORP.COM0.67%$250,0001.5K
21FLRNSPDR SERIES TRUST BLOMBERG BRC INV ETFETF0.41%$152,000152.7K
22JPSTJPMorgan Ultra-Short Income ETFETF0.40%$150,000150.8K
23SHViShares Short Treasury Bond ETFETF0.00%$1,00023.4K
24VGSHVanguard Short-Term Treasury ETFETF0.00%$1,00015.2K
25SILVERADO GOLD MINES LTD COM NEWCOM0.00%$1,00074.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$412M64Apr 28, 202613F-HRchanges · EDGAR ↗
Q4 2025$437M62Jan 27, 202613F-HRchanges · EDGAR ↗
Q3 2025$292M55Oct 27, 202513F-HRchanges · EDGAR ↗
Q1 2025$146M56May 1, 202513F-HRchanges · EDGAR ↗
Q4 2024$161M47Jan 24, 202513F-HRchanges · EDGAR ↗
Q3 2024$427M45Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$441M48Jul 30, 202413F-HRchanges · EDGAR ↗
Q1 2024$352M46Apr 25, 202413F-HRchanges · EDGAR ↗
Q4 2023$396M46Jan 29, 202413F-HRchanges · EDGAR ↗
Q3 2023$252M45Nov 3, 202313F-HRchanges · EDGAR ↗
Q2 2023$206M43Jul 28, 202313F-HRchanges · EDGAR ↗
Q1 2023$120M43Apr 26, 202313F-HRchanges · EDGAR ↗
Q4 2022$148M45Feb 2, 202313F-HRchanges · EDGAR ↗
Q3 2022$137M43Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$132M38Aug 2, 202213F-HRchanges · EDGAR ↗
Q1 2022$217M40May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$235M41Jan 25, 202213F-HRchanges · EDGAR ↗
Q3 2021$207M44Oct 29, 202113F-HRchanges · EDGAR ↗
Q2 2021$204M40Jul 26, 202113F-HRchanges · EDGAR ↗
Q1 2021$188M47May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$126M39Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$123M27Oct 22, 202013F-HRchanges · EDGAR ↗
Q2 2020$105M26Jul 24, 202013F-HRchanges · EDGAR ↗
Q1 2020$97M27May 12, 202013F-HRchanges · EDGAR ↗
Q4 2019$44M31Jan 27, 202013F-HRchanges · EDGAR ↗
Q3 2019$40M26Oct 24, 201913F-HRchanges · EDGAR ↗
Q2 2019$43M33Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$37M25Apr 17, 201913F-HRchanges · EDGAR ↗
Q4 2018$40M16Feb 4, 201913F-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 ↗.