SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Q3 Asset Management

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

Reported Value
$126M
Q4 2020
Positions
39
Filings on Record
29
2019–present window
Filed
Feb 9, 2021
original filing

Summary

Q3 Asset Management reported $126M in U.S.-listed holdings across 39 positions for Q4 2020.

The portfolio is heavily concentrated: BIL alone accounts for 32.6% of reported value.

Compared with Q3 2020, the fund opened 22 new positions and exited 10.

Portfolio Metrics

Turnover
+36.4%
vs prior filed quarter
Top-10 Concentration
+76.0%
share of reported value
Largest Position
+32.6%
Spdr Bloomberg Barclays 1 3 Month T Bill Etf
New / Exited
22 / 10
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
Q1 ’19: $37MQ1 ’19Q2 ’19: $43MQ3 ’19: $40MQ4 ’19: $44MQ1 ’20: $97MQ1 ’20Q2 ’20: $105MQ3 ’20: $123MQ4 ’20: $126MQ1 ’21: $188MQ1 ’21Q2 ’21: $204MQ3 ’21: $207MQ4 ’21: $235MQ1 ’22: $217MQ1 ’22Q2 ’22: $132MQ3 ’22: $137MQ4 ’22: $148MQ1 ’23: $120MQ1 ’23Q2 ’23: $206MQ3 ’23: $252MQ4 ’23: $396MQ1 ’24: $352MQ1 ’24Q2 ’24: $441MQ3 ’24: $427MQ4 ’24: $161MQ1 ’25: $146MQ1 ’25Q3 ’25: $292MQ4 ’25: $437MQ1 ’26: $412Mfilingsflow.com

Portfolio Composition

By security type
ETP: 95.8%Common Stock: 2.5%Other: 1.7%
  • ETP · 95.8% · $121M
  • Common Stock · 2.5% · $3M
  • Other · 1.7% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VBRVANGUARD SMALL CAP VALUE ETFNEW+39.9K39.9K+$6M$6M
VOEVANGUARD MID CAP VALUE ETFNEW+46.7K46.7K+$6M$6M
FTXOFIRST TRUST NASDAQ BANK ETFNEW+230.2K230.2K+$5M$5M
XRTSPDR S&P RETAIL ETFNEW+83.7K83.7K+$5M$5M
SMHVANECK VECTORS SEMICONDUCTOR ETFNEW+15.7K15.7K+$3M$3M
EMBISHARES JP MORGAN USD EMERGING MKTS BD ETFNEW+29.2K29.2K+$3M$3M
SPDR BLOOMBERG BARCLAYS HIGH YIELD BOND ETF NEWNEW+24.2K24.2K+$3M$3M
FIDUFIDELITY MSCI INDUSTRIALS INDX ETFNEW+48.4K48.4K+$2M$2M

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

Holdings — Q4 2020

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BILSPDR BLOOMBERG BARCLAYS 1-3 MONTH T-BILL ETFhistory →ETF32.62%$41M450.0K
2QQQINVESCO QQQ TRUST UNIT SER 1 ETFhistory →ETF14.33%$18M65.1K
3VBRVANGUARD SMALL CAP VALUE ETFhistory →ETF4.49%$6M39.9K
4VOEVANGUARD MID CAP VALUE ETFhistory →ETF4.40%$6M46.7K
5FTXOFIRST TRUST NASDAQ BANK ETFhistory →ETF4.33%$5M230.2K
6XRTSPDR S&P RETAIL ETFhistory →ETF4.27%$5M83.7K
7RTHVANECK VECTORS RETAIL ETFhistory →ETF3.21%$4M26.0K
8CARZFIRST TRUST NASDAQ GLOBAL AUTO INDEXhistory →ETF2.90%$4M72.1K
9SMHVANECK VECTORS SEMICONDUCTOR ETFhistory →ETF2.72%$3M15.7K
10EMBISHARES JP MORGAN USD EMERGING MKTS BD ETFhistory →ETF2.68%$3M29.2K
11XLKTECHNOLOGY SELECT SECTOR SPDR ETFhistory →ETF2.40%$3M23.9K
12SPDR BLOOMBERG BARCLAYS HIGH YIELD BOND ETF NEWETF2.09%$3M24.2K
13BWXSPDR BLOOMBERG BARCLAYS INTERNATIONAL TREASURY BOND ETFhistory →ETF2.02%$3M81.5K
14CWBSPDR BLOOMBERG BARCLAYS CONVERTIBLE SECURITIES ETFhistory →ETF1.93%$2M29.5K
15PFFISHARES PREFERRED INCOME SEC ETFhistory →ETF1.89%$2M61.8K
16FIDUFIDELITY MSCI INDUSTRIALS INDX ETFhistory →ETF1.80%$2M48.4K
17ETFMG PRIME MOBILE PAYMENTS ETFETF1.69%$2M33.6K
18INDEXIQ ETF TR MERGER ARBITRAGE ETFETF1.47%$2M55.8K
19UCONFIRST TRUST TCW UNCONSTRAINED PLUS BOND ETFhistory →ETF1.21%$2M57.1K
20FNCLFIDELITY MSCI FINANCIALS INDX ETFETF0.88%$1M26.2K
21OIHVANECK VECTORS OIL SERVICES ETFETF0.84%$1M6.9K
22FIXDFIRST TRUST TCW OPPORTUNISTIC FI ETFETF0.78%$991,00018.1K
23TSLATESLA INCCOM0.56%$704,000994
24FDISFIDELITY MSCI CONSUMER DISCRETIONARY INDEX ETFETF0.55%$696,00011.2K
25FDNFIRST TRUST NYSE ARCA BIOTECHNOLOGY INDEX FUNDETF0.55%$693,0003.7K
26GDXVANECK VECTORS GOLD MINERS ETFETF0.52%$659,00016.9K
27AMLPALERIAN MLP ETFETF0.36%$457,00017.8K
28VGSHVANGUARD SHORT TERM GOVT BOND ETFETF0.29%$369,0006.0K
29JPSTJPMORGAN ULTRA SHORT INCOME ETFETF0.29%$364,0007.2K
30ALBALBEMARLE CORPORATIONCOM0.26%$328,0002.2K
31ROSTROSS STORES, INC.COM0.25%$310,0002.5K
32PPGPPG INDUSTRIES INCCOM0.24%$297,0002.1K
33SWKSTANLEY BLACK & DECKER INC COMCOM0.23%$296,0001.7K
34PNRPENTAIR PLC SHS ISIN #IE00BLS09M33COM0.23%$290,0005.5K
35FCXFREEPORT-MCMORAN INCCOM0.20%$249,0009.6K
36FSLRFIRST SOLAR, INC. - COMMON STOCKCOM0.17%$220,0002.2K
37UNITED STATES STEEL CORP NEW COMCOM0.17%$219,00013.0K
38NKENIKE INC CLASS BCOM0.17%$214,0001.5K
39WHGOFWHITE GOLD CORP FCOM0.01%$15,00025.0K

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 ↗

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 ↗.