SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Q3 Asset Management

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

Reported Value
$252M
Q3 2023
Positions
45
Filings on Record
29
2019–present window
Filed
Nov 3, 2023
original filing

Summary

Q3 Asset Management reported $252M in U.S.-listed holdings across 45 positions for Q3 2023.

The portfolio is heavily concentrated: QQQ alone accounts for 36.6% of reported value.

Compared with Q2 2023, the fund opened 25 new positions and exited 23.

Portfolio Metrics

Turnover
+40.8%
vs prior filed quarter
Top-10 Concentration
+85.2%
share of reported value
Largest Position
+36.6%
Invesco Qqq
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
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: 94.6%Common Stock: 5.4%
  • ETP · 94.6% · $239M
  • Common Stock · 5.4% · $14M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XLEENERGY SELECT SECTOR SPDR FUNDNEW+44.0K44.0K+$4M$4M
OIHVANECK VECTORS OIL SERVICES ETFNEW+11.1K11.1K+$4M$4M
QUALISHARES EDGE MSCI USA QUALITY FACTOR ETFNEW+28.5K28.5K+$4M$4M
VPLVANGUARD INTL EQUITY INDEX FDS MSCI PAC ETFNEW+56.0K56.0K+$4M$4M
ADBEADOBE INC.NEW+4.8K4.8K+$2M$2M
IGEISHARES NORTH AMERICAN NATURAL RES ETFNEW+50.3K50.3K+$2M$2M
CMCSACOMCAST CORP CL ANEW+44.4K44.4K+$2M$2M
LLYELI LILLY & CO.NEW+3.6K3.6K+$2M$2M

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

Holdings — Q3 2023

45 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1QQQINVESCO QQQ TRUSThistory →ETF36.62%$92M256.0K
2VOOVANGUARD S&P 500 ETFhistory →ETF25.51%$64M164.0K
3STF TACTICAL GROWTH & INCOME ETFETF7.24%$18M864.9K
4Q3 ALL SEASON ACTIVE ROTATION ETFETF6.30%$16M584.2K
5SCHGSCHWAB STRATEGIC TR US LARGE CAP GROWTH ETFhistory →ETF2.10%$5M73.0K
6XLEENERGY SELECT SECTOR SPDR FUNDhistory →ETF1.58%$4M44.0K
7OIHVANECK VECTORS OIL SERVICES ETFhistory →ETF1.51%$4M11.1K
8QUALISHARES EDGE MSCI USA QUALITY FACTOR ETFhistory →ETF1.49%$4M28.5K
9VPLVANGUARD INTL EQUITY INDEX FDS MSCI PAC ETFhistory →ETF1.48%$4M56.0K
10VCSHVANGUARD SHORT TERM CORP BOND INDEX FUND ETFhistory →ETF1.42%$4M47.8K
11FLRNSPDR BLOOMBERG INVESTMENT GRADE FLOATING RATE ETFhistory →ETF1.02%$3M83.9K
12ADBEADOBE INC.COM0.98%$2M4.8K
13IGEISHARES NORTH AMERICAN NATURAL RES ETFETF0.83%$2M50.3K
14XLKTECHNOLOGY SECTOR SPDR TRETF0.81%$2M12.4K
15SMHVANECK SEMICONDUCTOR ETFETF0.79%$2M13.8K
16CMCSACOMCAST CORP CL ACOM0.78%$2M44.4K
17LLYELI LILLY & CO.COM0.77%$2M3.6K
18ORCLORACLE CORPCOM0.73%$2M17.3K
19NFLXNETFLIX COM INCCOM0.72%$2M4.8K
20URAGLOBAL X FDS GLOBAL X URANIUM ETFETF0.71%$2M65.9K
21USDUWISDOMTREE TR BLOOMBERG US DOLLAR BULLISH FDETF0.67%$2M61.0K
22INDEXIQ ETF TR IQ HEDGE MULTI STRATEGY TRACKERETF0.65%$2M54.4K
23XLCSELECT SECOTR SPDR TRUSTETF0.64%$2M24.6K
24QLDULTRA QQQ PROSHARESETF0.55%$1M23.5K
25FENYFIDELITY COVINGTON TR MSCI ENERGY INDEX ETFETF0.48%$1M49.2K
26SPYSPDR S&P 500 ETF TR TR UNITETF0.39%$987,0002.3K
27ITBISHARES US HOME CONSTRUCTION ETFETF0.36%$919,00011.7K
28UPROPROSHARES TR ULTRAPRO S&P 500ETF0.34%$861,00020.9K
29UCONFIRST TRUST TCW UNCONSTRAINED PLUS BOND ETFETF0.32%$798,00033.4K
30ODFLOLD DOMINION FREIGHT LINE, INC.COM0.22%$565,0001.4K
31NVDANVIDIA CORPCOM0.22%$545,0001.2K
32LAM RESEARCH CORPCOM0.21%$523,000835
33TLTISHARES TR BARCLAYS 20 YR TREAS BD ETFETF0.20%$515,0005.8K
34WDAYWORKDAY INC CL ACOM0.20%$506,0002.4K
35ZROZPIMCO ETF TR 25 YR ZERO CPN US TREAS INDEX FDETF0.18%$461,0006.3K
36TSLATESLA INCCOM0.11%$280,0001.1K
37CATCATERPILLAR INC.COM0.10%$261,000958
38EMBISHARES JP MORGAN USD EMERGING MKTS BD ETFETF0.10%$256,0003.1K
39BROBROWN & BROWN INCCOM0.10%$256,0003.7K
40WSTWEST PHARMACEUTICAL SERVICES INCCOM0.10%$254,000676
41BILSPDR BLOOMBERG 1-3 MONTH T-BILL ETFETF0.10%$244,0002.7K
42FT CBOE VEST US EQUITY DEEP BUFFER ETF AUGUSTETF0.10%$241,0007.3K
43AFLAFLAC INC.COM0.10%$241,0003.1K
44SPSBSPDR PORTFOLIO SHORT TERM CORPORATE BOND ETFETF0.09%$236,0008.1K
45GWWW W GRAINGER, INCCOM0.09%$224,000325

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 ↗.