SEC 13F Intelligence

Managers / Q4 2022 · view latest →

Q3 Asset Management

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

Reported Value
$148M
Q4 2022
Positions
45
Filings on Record
30
2019–present window
Filed
Feb 2, 2023
original filing

Summary

Q3 Asset Management reported $148M in U.S.-listed holdings across 45 positions for Q4 2022.

Its largest position, Q3 All Season Active Rotation Etf, represents 10.7% of the portfolio.

Compared with Q3 2022, the fund opened 25 new positions and exited 23.

Portfolio Metrics

Turnover
+60.1%
vs prior filed quarter
Top-10 Concentration
+66.5%
share of reported value
Largest Position
+10.7%
Q3 All Season Active Rotation Etf
New / Exited
25 / 23
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: 91.4%Common Stock: 8.6%
  • ETP · 91.4% · $135M
  • Common Stock · 8.6% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
Q3 ALL SEASON ACTIVE ROTATION ETFNEW+634.1K634.1K+$16M$16M
XLIINDUSTRIAL SELECT SECT SPDRNEW+88.6K88.6K+$9M$9M
GDXVANECK GOLD MINERS ETFNEW+301.1K301.1K+$9M$9M
VBRVANGUARD SMALL-CAP VALUE VIPERSNEW+54.2K54.2K+$9M$9M
VGKVANGUARD INTL EQUITY INDEX FDS MSCI EUROPE ETFNEW+149.6K149.6K+$8M$8M
EDVVANGUARD EXT DUR TR ETFNEW+95.0K95.0K+$8M$8M
EMBISHARES JP MORGAN USD EMERGING MKTS BD ETFNEW+48.2K48.2K+$4M$4M
PPLTABRDN PHYSICAL PLATINUM SHARES ETFNEW+38.6K38.6K+$4M$4M

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

Holdings — Q4 2022

45 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1Q3 ALL SEASON ACTIVE ROTATION ETFETF10.67%$16M634.1K
2STF TACTICAL GROWTH & INCOME ETFETF10.25%$15M796.7K
3GBILGOLDMAM SACHS TREAS ACC 0-1 YR ETFhistory →ETF7.97%$12M118.0K
4DIASPDR DOW JONES INDL AVERAGE ETF TR UNIT SER 1history →ETF6.19%$9M27.6K
5XLIINDUSTRIAL SELECT SECT SPDRhistory →ETF5.89%$9M88.6K
6GDXVANECK GOLD MINERS ETFhistory →ETF5.84%$9M301.1K
7VBRVANGUARD SMALL-CAP VALUE VIPERShistory →ETF5.82%$9M54.2K
8VGKVANGUARD INTL EQUITY INDEX FDS MSCI EUROPE ETFhistory →ETF5.62%$8M149.6K
9EDVVANGUARD EXT DUR TR ETFhistory →ETF5.45%$8M95.0K
10EMBISHARES JP MORGAN USD EMERGING MKTS BD ETFhistory →ETF2.76%$4M48.2K
11FENYFIDELITY COVINGTON TR MSCI ENERGY INDEX ETFhistory →ETF2.68%$4M166.4K
12PPLTABRDN PHYSICAL PLATINUM SHARES ETFhistory →ETF2.59%$4M38.6K
13FXEINVESCO CURRENCYSHARES EURO CURRENCY TRUSThistory →ETF2.44%$4M36.4K
14AMLPALPS ETF TR ALERIAN MLP ETFhistory →ETF2.36%$3M91.7K
15OIHVANECK VECTORS OIL SERVICES ETFhistory →ETF2.36%$3M11.5K
16XARSPDR SER TR S&P AEROSPACE & DEFENSE ETFhistory →ETF2.04%$3M27.3K
17FHLCFIDELITY COVINGTON TR MSCI HEALTH CARE INDEX ETFhistory →ETF1.93%$3M44.7K
18MUBISHARES TR NATL AMT FREE MUNI BD ETFhistory →ETF1.70%$3M23.8K
19KIEKBW INSURANCE ETFhistory →ETF1.68%$2M60.4K
20EXMOCEXXON MOBIL CORP COMhistory →COM1.53%$2M20.5K
21ROSTROSS STORES, INC.history →COM1.01%$1M12.9K
22IBBISHARES BIOTECHNOLOGY ETFhistory →ETF1.01%$1M11.4K
23VCSHVANGUARD SHORT TERM CORP BOND INDEX FUND ETFETF0.85%$1M16.7K
24APDAIR PRODUCTS CHEMICALSCOM0.81%$1M3.9K
25CAHCARDINAL HEALTH, INC.COM0.79%$1M15.1K
26SLBSCHLUMBERGER LTDCOM0.78%$1M21.6K
27CATCATERPILLAR INC.COM0.78%$1M4.8K
28LLYELI LILLY & CO.COM0.73%$1M3.0K
29FSLRFIRST SOLAR, INC. - COMMON STOCKCOM0.71%$1M7.0K
30MARATHON OIL CORPORATIONCOM0.68%$1M37.3K
31FUTYFIDELITY COVINGTON TR MSCI UTILS INDEX ETFETF0.63%$925,00020.3K
32TLTISHARES TR BARCLAYS 20 YR TREAS BD ETFETF0.40%$584,0005.9K
33ZROZPIMCO ETF TR 25 YR ZERO CPN US TREAS INDEX FDETF0.38%$559,0006.4K
34XTNSPDR SER TR S&P TRANSN ETFETF0.36%$526,0007.8K
35FMATFIDELITY COVINGTON TR MSCI MATLS INDEX ETFETF0.35%$523,00012.0K
36SLVISHARES SILVER TRUSTETF0.33%$494,00022.4K
37GLDSPDR GOLD TR GOLD SHSETF0.31%$457,0002.7K
38SPSBSPDR PORTFOLIO SHORT TERM CORPORATE BOND ETFETF0.27%$398,00013.6K
39GILDGILEAD SCIENCE INC.COM0.22%$325,0003.8K
40BIIBBIOGEN INCCOM0.16%$242,000874
41ORLYO REILLY AUTOMOTIVE INC NEW COMCOM0.16%$239,000284
42PCARPACCAR INCCOM0.16%$238,0002.4K
43JPSTJPMORGAN ULTRA SHORT INCOME ETFETF0.13%$190,0003.8K
44BILSPDR BLOOMBERG 1-3 MONTH T-BILL ETFETF0.12%$183,0002.0K
45TSLATESLA INCCOM0.07%$110,000900

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 ↗.