Managers / Q1 2020 · view latest →
TAP Consulting, LLC
CIK 0001748930 · 10900 MANCHESTER RD, SUITE 100, KIRKWOOD, MO, 63122 · (314)590-5900
Reported Value
$149M
Q1 2020
Positions
108
Filings on Record
23
2019–present window
Filed
Apr 29, 2020
original filing
Summary
Tap Consulting, LLC reported $149M in U.S.-listed holdings across 108 positions for Q1 2020.
The portfolio is heavily concentrated: IEI alone accounts for 21.7% of reported value.
Compared with Q4 2019, the fund opened 11 new positions and exited 11.
Portfolio Metrics
Turnover
+12.0%
vs prior filed quarter
Top-10 Concentration
+70.6%
share of reported value
Largest Position
+21.7%
Ishares Tr
New / Exited
11 / 11
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
Portfolio Composition
By security type
- ETP · 69.0% · $103M
- Common Stock · 26.9% · $40M
- Other · 3.8% · $6M
- ADR · 0.2% · $247,000
- REIT · 0.1% · $220,000
Quarter-over-Quarter Changes full breakdown →
vs Q4 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| VHTVANGUARD WORLD FDS | NEW | +27.6K | 27.6K | +$5M | $5M |
| IWMISHARES TR | NEW | +32.9K | 32.9K | +$4M | $4M |
| ETF SER SOLUTIONS | NEW | +90.7K | 90.7K | +$2M | $2M |
| NURENUSHARES ETF TR | NEW | +95.2K | 95.2K | +$2M | $2M |
| VICTORY PORTFOLIOS II | NEW | +26.1K | 26.1K | +$794,000 | $794,000 |
| VICTORY PORTFOLIOS II | NEW | +21.4K | 21.4K | +$753,000 | $753,000 |
| VICTORY PORTFOLIOS II | NEW | +16.5K | 16.5K | +$699,000 | $699,000 |
| VICTORY PORTFOLIOS II | NEW | +20.9K | 20.9K | +$687,000 | $687,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2020
61 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | IEIISHARES TR | 3 7 YR TREAS BD · RUSSELL 2000 ETF · PFD AND INCM SEC · INTRM TR CRP ETF · SH TR CRPORT ETF · MRNGSTR LG-CP GR · MRNGSTR LG-CP VL · 0-5YR HI YL CP · MICRO-CAP ETF · EAFE VALUE ETF · MRGSTR MD CP GRW · EAFE GRWTH ETF · MRGSTR MD CP VAL · MRGSTR SM CP GR · TIPS BD ETF · MRGSTR MD CP ETF · MRGSTR SM CP ETF · MSCI EMG MKT ETF · MRNING SM CP ETF · USA MOMENTUM FCT · S&P 500 GRWT ETF · SP SMCP600VL ETF · CORE S&P US VLU · MRNGSTR LG-CP ET · S&P SML 600 GWT | 21.71% | $32M | 459.4K |
| 2 | VNQVANGUARD INDEX FDS | REAL ESTATE ETF · S&P 500 ETF SHS · MID CAP ETF · GROWTH ETF · VALUE ETF · SML CP GRW ETF · SMALL CP ETF · SM CP VAL ETF | 13.72% | $20M | 178.7K |
| 3 | VGTVANGUARD WORLD FDS | INF TECH ETF · HEALTH CAR ETF · UTILITIES ETF · CONSUM DIS ETF · FINANCIALS ETF · ENERGY ETF · COMM SRVC ETF | 11.22% | $17M | 117.0K |
| 4 | CDCVICTORY PORTFOLIOS II | VCSHS US 500 ENH · VCSHS US EQ INCM · VCSHS DEV ENH VL · VCSHS INTL VOLTY · VCSHS US LRG CAP · VCSHS US 500 VOL · VCSHS US SML CAP | 11.21% | $17M | 465.3K |
| 5 | KBWYINVESCO EXCHANGE-TRADED FD T | KBW PREM YIELD · BUYBACK ACHIEV · S&P500 EQL WGT · FNDMNTL HY CRP | 2.63% | $4M | 186.5K |
| 6 | AAPLAPPLE INChistory → | COM | 2.25% | $3M | 13.1K |
| 7 | SCHZSCHWAB STRATEGIC TRhistory → | US AGGREGATE B | 2.21% | $3M | 60.5K |
| 8 | WSTWEST PHARMACEUTICAL SVSC INChistory → | COM | 2.11% | $3M | 20.6K |
| 9 | SPGIS&P GLOBAL INChistory → | COM | 1.89% | $3M | 11.4K |
| 10 | BOTZGLOBAL X FDS | RBTCS ARTFL INTE · US INFR DEV ETF | 1.69% | $3M | 162.7K |
| 11 | BROBROWN & BROWN INChistory → | COM | 1.66% | $2M | 68.3K |
| 12 | VEAVANGUARD TAX-MANAGED INTL FDhistory → | FTSE DEV MKT ETF | 1.66% | $2M | 73.8K |
| 13 | ROPROPER TECHNOLOGIES INChistory → | COM | 1.63% | $2M | 7.8K |
| 14 | SHWSHERWIN WILLIAMS COhistory → | COM | 1.62% | $2M | 5.2K |
| 15 | ETF SER SOLUTIONS | US DIVERSIFIED | 1.47% | $2M | 90.7K |
| 16 | CTASCINTAS CORPhistory → | COM | 1.39% | $2M | 11.9K |
| 17 | NURENUSHARES ETF TRhistory → | NUVEEN SHRT TERM | 1.35% | $2M | 95.2K |
| 18 | AOSSMITH A O CORPhistory → | COM | 1.34% | $2M | 52.6K |
| 19 | NOBLPROSHARES TRhistory → | S&P 500 DV ARIST | 1.28% | $2M | 33.0K |
| 20 | ROSTROSS STORES INChistory → | COM | 1.25% | $2M | 21.4K |
| 21 | BENFRANKLIN RESOURCES INChistory → | COM | 1.10% | $2M | 97.6K |
| 22 | VWOVANGUARD INTL EQUITY INDEX Fhistory → | FTSE EMR MKT ETF | 1.05% | $2M | 46.4K |
| 23 | LOWLOWES COS INChistory → | COM | 1.01% | $2M | 17.4K |
| 24 | PGPROCTER & GAMBLE CO | COM | 0.81% | $1M | 11.0K |
| 25 | JNJJOHNSON & JOHNSON | COM | 0.75% | $1M | 8.5K |
| 26 | ISHARES GOLD TRUST | ISHARES | 0.72% | $1M | 70.6K |
| 27 | WMWASTE MGMT INC DEL | COM | 0.71% | $1M | 11.3K |
| 28 | MSFTMICROSOFT CORP | COM | 0.69% | $1M | 6.5K |
| 29 | IBMINTERNATIONAL BUSINESS MACHS | COM | 0.62% | $915,000 | 8.2K |
| 30 | ETF MANAGERS TR | ETFMG ALTR HRVST | 0.58% | $862,000 | 75.6K |
| 31 | BABOEING CO | COM | 0.52% | $775,000 | 5.2K |
| 32 | ECLECOLAB INC | COM | 0.50% | $744,000 | 4.8K |
| 33 | MRKMERCK & CO. INC | COM | 0.42% | $618,000 | 8.0K |
| 34 | LLYLILLY ELI & CO | COM | 0.38% | $558,000 | 4.0K |
| 35 | PFEPFIZER INC | COM | 0.38% | $558,000 | 17.1K |
| 36 | MMM3M CO | COM | 0.37% | $544,000 | 4.0K |
| 37 | MPCMARATHON PETE CORP | COM | 0.26% | $382,000 | 16.2K |
| 38 | AMZNAMAZON COM INC | COM | 0.26% | $382,000 | 196 |
| 39 | WMTWALMART INC | COM | 0.24% | $361,000 | 3.2K |
| 40 | EXMOCEXXON MOBIL CORP | COM | 0.23% | $335,000 | 8.8K |
| 41 | AEEAMEREN CORP | COM | 0.22% | $334,000 | 4.6K |
| 42 | TDTORONTO DOMINION BK ONT | COM NEW | 0.21% | $317,000 | 7.5K |
| 43 | TAT&T INC | COM | 0.21% | $313,000 | 10.8K |
| 44 | SPYSPDR S&P 500 ETF TR | TR UNIT | 0.20% | $304,000 | 1.2K |
| 45 | TRVTRAVELERS COMPANIES INC | COM | 0.20% | $298,000 | 3.0K |
| 46 | ALLALLSTATE CORP | COM | 0.19% | $275,000 | 3.0K |
| 47 | CATCATERPILLAR INC DEL | COM | 0.17% | $251,000 | 2.2K |
| 48 | ITWILLINOIS TOOL WKS INC | COM | 0.17% | $250,000 | 1.8K |
| 49 | BABAALIBABA GROUP HLDG LTD | SPONSORED ADS | 0.17% | $247,000 | 1.3K |
| 50 | NCNACCO INDS INC | CL A | 0.16% | $233,000 | 8.3K |
| 51 | NEENEXTERA ENERGY INC | COM | 0.16% | $233,000 | 970 |
| 52 | RSGREPUBLIC SVCS INC | COM | 0.15% | $222,000 | 3.0K |
| 53 | SPUUDIREXION SHS ETF TR | DLY S&P500 2XS | 0.15% | $221,000 | 5.6K |
| 54 | HEALTHCARE TR AMER INC | CL A NEW | 0.15% | $220,000 | 9.0K |
| 55 | DXCMDEXCOM INC | COM | 0.14% | $215,000 | 800 |
| 56 | WECWEC ENERGY GROUP INC | COM | 0.14% | $214,000 | 2.4K |
| 57 | INTCINTEL CORP | COM | 0.14% | $212,000 | 3.9K |
| 58 | METAFACEBOOK INC | CL A | 0.14% | $201,000 | 1.2K |
| 59 | MARATHON OIL CORP | COM | 0.04% | $53,000 | 16.2K |
| 60 | SPROTT PHYSICAL SILVER TR | TR UNIT | 0.04% | $53,000 | 10.1K |
| 61 | FS KKR CAPITAL CORP | COM | 0.03% | $49,000 | 16.3K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2024 | $489M | 153 | Feb 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $508M | 154 | Oct 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $474M | 218 | Aug 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $455M | 152 | Apr 23, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $419M | 127 | Feb 2, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $408M | 141 | Jul 19, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $409M | 131 | Apr 18, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $382M | 124 | Jan 23, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $374M | 121 | Oct 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $360M | 118 | Jul 26, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $382M | 134 | Apr 26, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $438M | 587 | Jan 27, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $372M | 134 | Nov 3, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $356M | 136 | Aug 6, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $322M | 127 | May 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $278M | 125 | Jan 19, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $254M | 119 | Oct 20, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $203M | 119 | Aug 11, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $149M | 108 | Apr 29, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $179M | 108 | Jan 27, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $170M | 108 | Nov 8, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $132M | 93 | May 3, 2019 | 13F-HR | changes · 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 ↗.