SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Q3 Asset Management

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

Reported Value
$396M
Q4 2023
Positions
46
Filings on Record
29
2019–present window
Filed
Jan 29, 2024
original filing

Summary

Q3 Asset Management reported $396M in U.S.-listed holdings across 46 positions for Q4 2023.

The portfolio is heavily concentrated: QQQ alone accounts for 45.1% of reported value.

Compared with Q3 2023, the fund opened 28 new positions and exited 27.

Portfolio Metrics

Turnover
+32.9%
vs prior filed quarter
Top-10 Concentration
+83.9%
share of reported value
Largest Position
+45.1%
Invesco Qqq
New / Exited
28 / 27
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: 96.4%Common Stock: 3.6%
  • ETP · 96.4% · $382M
  • Common Stock · 3.6% · $14M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
QQQMInvesco Nasdaq 100NEW+270.0K270.0K+$46M$46M
XHBSPDR SER TR SP HOMEBUIDLERS ETGNEW+149.3K149.3K+$14M$14M
MTUMiShares Momentum FactorNEW+64.5K64.5K+$11M$11M
XRTSPDR RetailNEW+143.2K143.2K+$10M$10M
BLOKAMPLIFY TRANSFORMATIONAL DATA SHARING BLOCKCHAIN LEADERS ETFNEW+207.6K207.6K+$6M$6M
VBRVANGUARD SMALL-CAP VALUE VIPERSNEW+25.8K25.8K+$5M$5M
FNCLFIDELITY COVINGTON TR MSCI FINLS INDEX ETFNEW+76.8K76.8K+$4M$4M
SCHHSCHWAB STRATEGIC TR US REIT ETFNEW+197.5K197.5K+$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 2023

46 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1QQQINVESCO QQQ TRUSThistory →ETF45.11%$179M435.1K
2QQQMInvesco Nasdaq 100history →ETF11.49%$46M270.0K
3Q3 ALL SEASON ACTIVE ROTATION ETFETF6.07%$24M874.4K
4STF TACTICAL GROWTH INCOME ETFETF4.79%$19M830.7K
5XLKTECHNOLOGY SECTOR SPDR TRhistory →ETF3.72%$15M73.3K
6XHBSPDR SER TR SP HOMEBUIDLERS ETGhistory →ETF3.53%$14M149.3K
7MTUMiShares Momentum Factorhistory →ETF2.74%$11M64.5K
8SCHGSCHWAB STRATEGIC TR US LARGE CAP GROWTH ETFhistory →ETF2.55%$10M116.0K
9XRTSPDR Retailhistory →ETF2.48%$10M143.2K
10BLOKAMPLIFY TRANSFORMATIONAL DATA SHARING BLOCKCHAIN LEADERS ETFhistory →ETF1.44%$6M207.6K
11URAGLOBAL X FDS GLOBAL X URANIUM ETFhistory →ETF1.26%$5M171.7K
12VBRVANGUARD SMALL-CAP VALUE VIPERShistory →ETF1.17%$5M25.8K
13FNCLFIDELITY COVINGTON TR MSCI FINLS INDEX ETFhistory →ETF1.04%$4M76.8K
14SCHHSCHWAB STRATEGIC TR US REIT ETFhistory →ETF1.03%$4M197.5K
15EMBISHARES JP MORGAN USD EMERGING MKTS BD ETFETF0.95%$4M42.6K
16USHYISHARES BROAD USD HIGH YIELD CORPORATE BOND ETFETF0.95%$4M103.1K
17INDEXIQ ETF TR IQ HEDGE MULTI STRATEGY TRACKERETF0.94%$4M124.0K
18VTEBVANGUARD MUN BD FDS TAX EXEMPT BD INDEX FD ETFETF0.94%$4M73.0K
19TSLATESLA INCCOM0.62%$2M9.9K
20METAMETA PLATFORMS INCCOM0.58%$2M6.5K
21NFLXNETFLIX COM INCCOM0.56%$2M4.6K
22MSFTMICROSOFT CORPCOM0.54%$2M5.7K
23LLYELI LILLYCOM0.50%$2M3.4K
24FDNFIRST TRUST DOW JONES INTERNET INDEX FUNDETF0.47%$2M10.0K
25GLDMSPDR GOLD MINISHARES TRUST NEWETF0.46%$2M44.7K
26ITBISHARES US HOME CONSTRUCTION ETFETF0.39%$2M15.1K
27IAIISHARES U.S BROKER DEALERS SECURITIES EXCHANGES ETFETF0.38%$2M14.0K
28DIASPDR DOW JONES INDL AVERAGE ETF TR UNIT SER 1ETF0.30%$1M3.1K
29IWPISHARES TR RUSSELL MID-CAP GROWTH ETFETF0.30%$1M11.4K
30IWFISHARES TR RUSSELL 1000 GROWTH ETFETF0.30%$1M3.9K
31VISVANGUARD INDUSTRIALS ETFETF0.30%$1M5.3K
32XLCSELECT SECOTR SPDR TRUSTETF0.26%$1M14.4K
33FDISFIDELITY COVINGTON TR MSCI CONSUMER DISCRETIONARY INDEX ETFETF0.21%$850,00010.8K
34FIXDFIRST TRUST TCW OPP FIXED INCOME ETFETF0.19%$764,00017.2K
35UCONFIRST TRUST TCW UNCONSTRAINED PLUS BOND ETFETF0.19%$733,00029.6K
36INTCINTEL CORPCOM0.17%$674,00013.5K
37ZSZSCALER INCCOM0.16%$636,0002.9K
38PANWPALO ALTO NETWORKS INCCOM0.15%$607,0002.0K
39CEGCONSTELLATION ENERGY CORPCOM0.14%$555,0004.8K
40SNPSSYNOPSYS INCCOM0.14%$540,0001.0K
41SMHVANECK SEMICONDUCTOR ETFETF0.13%$513,0002.9K
42VCSHVANGUARD SHORT TERM CORP BOND INDEX FUND ETFETF0.10%$402,0005.2K
43FIRST TRUST VEST US EQUITY DEEP BUFFER ETF AUGETF0.07%$259,0007.3K
44PEJINVESCO LEISURE AND ENTERTAINMENT ETFETF0.06%$225,0005.4K
45BILSPDR BLOOMBERG 1-3 MONTH T-BILL ETFETF0.05%$215,0002.4K
46IBMINTERNATIONAL BUSINESS MACHINES CORPCOM0.05%$189,0001.2K

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 ↗.