SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Q3 Asset Management

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

Reported Value
$292M
Q3 2025
Positions
55
Filings on Record
30
2019–present window
Filed
Oct 27, 2025
original filing

Summary

Q3 Asset Management reported $292M in U.S.-listed holdings across 55 positions for Q3 2025.

The portfolio is heavily concentrated: XHLF alone accounts for 60.0% of reported value.

Compared with Q1 2025, the fund opened 35 new positions and exited 36.

Portfolio Metrics

Turnover
+43.0%
vs prior filed quarter
Top-10 Concentration
+79.8%
share of reported value
Largest Position
+60.0%
Bondbloxx Bloomberg Six Month Target
New / Exited
35 / 36
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: 92.1%Common Stock: 7.9%
  • ETP · 92.1% · $269M
  • Common Stock · 7.9% · $23M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline) · note: prior filed quarter, not the immediately preceding one

IssuerMoveShare ΔShares nowValue ΔValue now
XHLFBondBloxx Bloomberg Six Month TargetNEW+3.49M3.49M+$175M$175M
SCHGSCHWAB STRATEGIC TR US LARGE CAP GROWTH ETFNEW+141.2K141.2K+$5M$5M
NVDANVIDIA CORPNEW+20.5K20.5K+$4M$4M
VPLVANGUARD INTL EQUITY INDEX FDS MSCI PAC ETFNEW+42.8K42.8K+$4M$4M
XHBSPDR SER TR S&P HOMEBUIDLERS ETGNEW+32.8K32.8K+$4M$4M
XRTSPDR RETAIL ETFNEW+41.8K41.8K+$4M$4M
BBARRICK MINING CORPNEW+106.8K106.8K+$3M$3M
DGDOLLAR GEN CORP NEW COMNEW+32.2K32.2K+$3M$3M

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

Holdings — Q3 2025

55 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1XHLFBondBloxx Bloomberg Six Month Targethistory →ETF59.96%$175M3.49M
2Q3 ALL SEASON ACTIVE ROTATION ETFETF4.73%$14M483.7K
3SPYSPDR S&P 500 ETF TR TR UNIThistory →ETF2.58%$8M11.3K
4STF TACTICAL GROWTH & INCOME ETFETF2.53%$7M284.8K
5SPYMSPDR PORTFOLIO LARGE CAP ETF ETP UShistory →ETF2.33%$7M86.8K
6TQQQPROSHARES TR ULTRAPRO QQQhistory →ETF1.83%$5M51.7K
7GDXVANECK GOLD MINERS ETFhistory →ETF1.70%$5M65.2K
8SCHGSCHWAB STRATEGIC TR US LARGE CAP GROWTH ETFhistory →ETF1.54%$5M141.2K
9NVDANVIDIA CORPhistory →COM1.31%$4M20.5K
10VPLVANGUARD INTL EQUITY INDEX FDS MSCI PAC ETFhistory →ETF1.29%$4M42.8K
11XHBSPDR SER TR S&P HOMEBUIDLERS ETGhistory →ETF1.24%$4M32.8K
12XRTSPDR RETAIL ETFhistory →ETF1.23%$4M41.8K
13BBARRICK MINING CORPhistory →COM1.20%$3M106.8K
14GSTHE GOLDMAN SACHS GROUP INChistory →COM1.15%$3M4.2K
15DGDOLLAR GEN CORP NEW COMhistory →COM1.14%$3M32.2K
16ORCLORACLE CORPhistory →COM1.05%$3M10.9K
17QQQMINVESCO NASDAQ 100 ETFETF0.87%$3M10.3K
18IWFISHARES TR RUSSELL 1000 GROWTH ETFETF0.84%$2M5.2K
19EMBISHARES JP MORGAN USD EMERGING MKTS BD ETFETF0.82%$2M25.2K
20VCITVANGUARD INTERMEDIATE TERMETF0.82%$2M28.5K
21USHYISHARES BROAD USD HIGH YIELD CORPORATE BOND ETFETF0.82%$2M63.1K
22IWDISHARES TR RUSSELL 1000 VALUE ETFETF0.77%$2M11.1K
23BLOKAMPLIFY TRANSFORMATIONAL DATA SHARING BLOCKCHAIN LEADERS ETFETF0.54%$2M23.6K
24GLDMSPDR GOLD MINISHARES TRUST NEWETF0.52%$2M19.8K
25URAGLOBAL X FDS GLOBAL X URANIUM ETFETF0.48%$1M29.4K
26QQQINVESCO QQQ TRUSTETF0.46%$1M2.3K
27SMHVANECK SEMICONDUCTOR ETFETF0.39%$1M3.4K
28MJAMPLIFY ALTERNATIVE HARVEST ETFETF0.37%$1M29.0K
29KARSKRANESHARES ELECTRIC VEHICLES AND FUTURE MOBILITYETF0.37%$1M35.4K
30REMXVANECK VECTORS RARE EARTH/STRATEGIC METALS ETFETF0.36%$1M16.2K
31LITGLOBAL X FDS LITHIUM ETF NEWETF0.36%$1M18.6K
32XARSPDR SER TR S&P AEROSPACE & DEFENSE ETFETF0.36%$1M4.4K
33ROUNDHILL BALL METAVERSE ETFETF0.36%$1M50.8K
34JBBBJANUS HENDERSON BBBB CLO ETFETF0.35%$1M21.4K
35XLCSELECT SECOTR SPDR TRUSTETF0.30%$880,0007.4K
36PLTRPALANTIR TECHNOLOGIES INCCOM0.25%$731,0004.0K
37GLDSPDR GOLD TR GOLD SHSETF0.23%$680,0001.9K
38APPApplovin CorporationCOM0.20%$598,000832
39AVGOBROADCOM INCCOM0.20%$587,0001.8K
40VCSHVANGUARD SHORT TERM CORP BOND INDEX FUND ETFETF0.19%$547,0006.9K
41WBDWARNER BROS DISCOVERYCOM0.18%$540,00027.7K
42SHOPSHOPIFY INCCOM0.17%$504,0003.4K
43UCONFIRST TRUST TCW UNCONSTRAINED PLUS BOND ETFETF0.16%$471,00018.7K
44FIDUFIDELITY COVINGTON TR MSCI INDL INDEX ETFETF0.16%$463,0005.7K
45COINCOINBASE GLOBALCOM0.15%$450,0001.3K
46SMMTSUMMIT THERAPEUTICS INCCOM0.14%$404,00019.6K
47CATCATERPILLAR INC.COM0.13%$367,000762
48TSLATESLA INCCOM0.12%$360,000810
49PYPLPAYPAL HLDGS INCCOM0.12%$344,0005.1K
50CARZFIRST TR EXCHANGE TRADED FD NASDAQ GLOBAL AUTO INDEX FDETF0.11%$322,0004.4K
51GDGENERAL DYNAMICS CORPORATIONCOM0.11%$318,000932
52FASTFASTENALCOM0.11%$314,0006.4K
53CHRWC.H. ROBINSON WORLDWIDE, INC. - COMMON STOCKCOM0.11%$311,0002.4K
54LOWLOWES COMPANIES INCCOM0.10%$283,0001.1K
55SPHBINVESCO S&P 500 HIGH BETA ETFETF0.09%$256,0002.3K

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 ↗.