SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Q3 Asset Management

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

Reported Value
$204M
Q2 2021
Positions
40
Filings on Record
30
2019–present window
Filed
Jul 26, 2021
original filing

Summary

Q3 Asset Management reported $204M in U.S.-listed holdings across 40 positions for Q2 2021.

The portfolio is heavily concentrated: QQQ alone accounts for 55.3% of reported value.

Compared with Q1 2021, the fund opened 18 new positions and exited 25.

Portfolio Metrics

Turnover
+50.0%
vs prior filed quarter
Top-10 Concentration
+80.2%
share of reported value
Largest Position
+55.3%
Invesco Qqq
New / Exited
18 / 25
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: 95.8%Common Stock: 4.2%
  • ETP · 95.8% · $195M
  • Common Stock · 4.2% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FNCLFIDELITY MSCI FINANCIALS INDX ETF IVNEW+108.6K108.6K+$6M$6M
SCHHCHARLES SCHWAB US REIT ETFNEW+123.0K123.0K+$6M$6M
VISVANGUARD INDUSTRIAL INDEX FUND ETFNEW+28.0K28.0K+$5M$5M
XTNSPDR S&P TRANSPORTATION ETFNEW+44.3K44.3K+$4M$4M
FXCINVESCO CCY SHS CDN DLR TR CDN DLR SHS ETFNEW+30.8K30.8K+$2M$2M
FDISFIDELITY MSCI CONSUMER DISCRET ETFNEW+30.1K30.1K+$2M$2M
FMBFIRST TRUST EXCHANGE TRADED FD MANAGD MUN ETFNEW+35.1K35.1K+$2M$2M
IAIISHARES US BROKER DEALERS ETFNEW+9.0K9.0K+$916,000$916,000

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

Holdings — Q2 2021

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1QQQInvesco QQQ Trust Series 1history →ETF55.28%$113M318.1K
2VBRVANGUARD SMALL CAP VALUE ETF IVhistory →ETF2.97%$6M34.8K
3VOEVANGUARD MID CAP VALUE ETF IVhistory →ETF2.87%$6M41.6K
4XLESELECT SECTOR SPDR TRUST ENERGY ETFhistory →ETF2.86%$6M108.1K
5FNCLFIDELITY MSCI FINANCIALS INDX ETF IVhistory →ETF2.79%$6M108.6K
6SCHHCHARLES SCHWAB US REIT ETFhistory →ETF2.76%$6M123.0K
7OIHVANECK VECTORS ETF TRUST OIL SVCS ETFhistory →ETF2.76%$6M25.7K
8VISVANGUARD INDUSTRIAL INDEX FUND ETFhistory →ETF2.69%$5M28.0K
9FMATFIDELITY MSCI MATERIALS ETFhistory →ETF2.62%$5M115.7K
10RTHVANECK VECTORS RETAIL ETFhistory →ETF2.62%$5M30.4K
11FIDUFIDELITY MSCI INDUSTRIALS ETFhistory →ETF2.29%$5M86.1K
12XTNSPDR S&P TRANSPORTATION ETFhistory →ETF1.84%$4M44.3K
13AMLPALPS ETF TRUST ALERIAN MLP ETFhistory →ETF1.25%$3M70.2K
14PDBCINVESCO EXCHANGE TRADED FUND T OPTIMUM YIELD ETFhistory →ETF1.25%$3M127.0K
15FXCINVESCO CCY SHS CDN DLR TR CDN DLR SHS ETFhistory →ETF1.20%$2M30.8K
16FDISFIDELITY MSCI CONSUMER DISCRET ETFhistory →ETF1.20%$2M30.1K
17MUBISHARES NATIONAL MUNI BOND ETFhistory →ETF1.17%$2M20.4K
18SPDR SERIES TRUST BLOOMBERG BRCLYS ETFETF1.14%$2M21.2K
19VCSHVANGUARD SHORT TERM CORP BOND INDEX FUND ETFhistory →ETF1.13%$2M27.8K
20UCONFIRST TR EXCHANGE TRADED FD VI TCW UNCONSTRAI ETFETF0.99%$2M75.5K
21FMBFIRST TRUST EXCHANGE TRADED FD MANAGD MUN ETFETF0.99%$2M35.1K
22IAIISHARES US BROKER DEALERS ETFETF0.45%$916,0009.0K
23TGTTARGET CORPCOM0.43%$885,0003.7K
24EXPDEXPEDITORS INTL WASHCOM0.40%$818,0006.5K
25BENFRANKLIN RESOURCESCOM0.38%$770,00024.1K
26NUENUCOR CORPCOM0.36%$743,0007.8K
27EMBISHARES JPMORGAN EMERGING MARKETS BONDETF0.36%$724,0006.4K
28WFCWELLS FARGO & COCOM0.34%$693,00015.4K
29DISHDISH NETWORK CORP CLASS ACOM0.34%$687,00016.5K
30CICIGNA CORPCOM0.33%$677,0002.9K
31MARATHON OIL CORPCOM0.33%$672,00049.5K
32FCXFREEPORT MCMORAN INCCOM0.33%$671,00018.2K
33NTAPNETAPP INCCOM0.17%$352,0004.3K
34AMATAPPLIED MATERIALSCOM0.17%$348,0002.5K
35VGSHVANGUARD SH TERM TREASURYETF0.17%$341,0005.6K
36TSLATESLA INCCOM0.17%$340,000501
37JPSTJP MORGAN ULTRA SHORT INCOMEETF0.17%$339,0006.7K
38ASMLASML HLDGS NVCOM0.16%$333,000482
39GOOGALPHABET INC. CLASS CCOM0.14%$290,000116
40CDWCDW CORP COMCOM0.14%$278,0001.6K

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 ↗.