SEC 13F Intelligence

Managers / Q2 2020 · view latest →

TAP Consulting, LLC

CIK 0001748930 · 10900 MANCHESTER RD, SUITE 100, KIRKWOOD, MO, 63122 · (314)590-5900

Reported Value
$203M
Q2 2020
Positions
119
Filings on Record
23
2019–present window
Filed
Aug 11, 2020
original filing

Summary

Tap Consulting, LLC reported $203M in U.S.-listed holdings across 119 positions for Q2 2020.

The portfolio is heavily concentrated: IWM alone accounts for 22.7% of reported value.

Compared with Q1 2020, the fund opened 20 new positions and exited 9.

Portfolio Metrics

Turnover
+11.8%
vs prior filed quarter
Top-10 Concentration
+65.0%
share of reported value
Largest Position
+22.7%
Ishares Tr
New / Exited
20 / 9
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: $132MQ1 ’19Q3 ’19: $170MQ4 ’19: $179MQ1 ’20: $149MQ1 ’20Q2 ’20: $203MQ3 ’20: $254MQ4 ’20: $278MQ4 ’20Q1 ’21: $322MQ2 ’21: $356MQ3 ’21: $372MQ3 ’21Q4 ’21: $438MQ1 ’22: $382MQ2 ’22: $360MQ2 ’22Q3 ’22: $374MQ4 ’22: $382MQ1 ’23: $409MQ1 ’23Q2 ’23: $408MQ4 ’23: $419MQ1 ’24: $455MQ1 ’24Q2 ’24: $474MQ3 ’24: $508MQ4 ’24: $489MQ4 ’24filingsflow.com

Portfolio Composition

By security type
ETP: 68.9%Common Stock: 28.9%Other: 1.8%ADR: 0.2%REIT: 0.1%
  • ETP · 68.9% · $140M
  • Common Stock · 28.9% · $59M
  • Other · 1.8% · $4M
  • ADR · 0.2% · $496,000
  • REIT · 0.1% · $243,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BNDVANGUARD BD INDEX FDSNEW+69.2K69.2K+$6M$6M
IJHISHARES TRNEW+25.0K25.0K+$4M$4M
APOLLO GLOBAL MGMT INCNEW+73.1K73.1K+$4M$4M
EFAISHARES TRNEW+59.7K59.7K+$4M$4M
ETF MANAGERS TRNEW+61.4K61.4K+$4M$4M
AAGILENT TECHNOLOGIES INCNEW+29.4K29.4K+$3M$3M
QQQINVESCO QQQ TRNEW+1.7K1.7K+$428,000$428,000
SCHXSCHWAB STRATEGIC TRNEW+5.0K5.0K+$373,000$373,000

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

Holdings — Q2 2020

67 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IWMISHARES TRRUSSELL 2000 ETF · PFD AND INCM SEC · CORE S&P MCP ETF · 3 7 YR TREAS BD · MSCI EAFE ETF · INTRM TR CRP ETF · MRNGSTR LG-CP GR · SH TR CRPORT ETF · MRNGSTR LG-CP VL · 0-5YR HI YL CP · MRGSTR MD CP GRW · EAFE GRWTH ETF · MICRO-CAP ETF · MRGSTR MD CP VAL · EAFE VALUE ETF · MRGSTR SM CP GR · MRGSTR MD CP ETF · MRGSTR SM CP ETF · MSCI EMG MKT ETF · S&P 500 GRWT ETF · SP SMCP600VL ETF · TIPS BD ETF · MRNING SM CP ETF · USA MOMENTUM FCT · CORE S&P US VLU · MRNGSTR LG-CP ET · S&P SML 600 GWT · GL CLEAN ENE ETF22.66%$46M581.5K
2VGTVANGUARD WORLD FDSINF TECH ETF · HEALTH CAR ETF · UTILITIES ETF · ENERGY ETF · FINANCIALS ETF · CONSUM DIS ETF10.84%$22M131.3K
3VOOVANGUARD INDEX FDSS&P 500 ETF SHS · REAL ESTATE ETF · GROWTH ETF · MID CAP ETF · SML CP GRW ETF · VALUE ETF · SMALL CP ETF · SM CP VAL ETF · MCAP VL IDXVIP9.86%$20M145.4K
4SCHZSCHWAB STRATEGIC TRUS AGGREGATE B · US LRG CAP ETF · US DIVIDEND EQ4.88%$10M175.0K
5CDCVICTORY PORTFOLIOS IIVCSHS INTL VOLTY · VCSHS US SML CAP · VCSHS US 500 ENH · VCSHS US LRG CAP · VCSHS US 500 VOL · VCSHS US EQ INCM · VCSHS DEV ENH VL3.41%$7M170.4K
6BNDVANGUARD BD INDEX FDShistory →TOTAL BND MRKT3.01%$6M69.2K
7SPYSPDR S&P 500 ETF TRhistory →TR UNIT3.01%$6M19.8K
8ETF MANAGERS TRWEDBUSH VID GAME · ETFMG ALTR HRVST2.73%$6M218.5K
9AAPLAPPLE INChistory →COM2.35%$5M13.1K
10SPGIS&P GLOBAL INChistory →COM2.29%$5M14.1K
11KBWYINVESCO EXCH TRADED FD TR IIhistory →KBW PREM YIELD2.18%$4M230.1K
12WSTWEST PHARMACEUTICAL SVSC INChistory →COM2.07%$4M18.5K
13APOLLO GLOBAL MGMT INCCOM CL A1.80%$4M73.1K
14CTASCINTAS CORPhistory →COM1.78%$4M13.6K
15LOWLOWES COS INChistory →COM1.72%$3M25.9K
16ETF SER SOLUTIONSUS DIVERSIFIED1.72%$3M132.8K
17BENFRANKLIN RESOURCES INChistory →COM1.68%$3M162.4K
18NURENUSHARES ETF TRhistory →NUVEEN SHRT TERM1.67%$3M148.8K
19ROPROPER TECHNOLOGIES INChistory →COM1.64%$3M8.6K
20SHWSHERWIN WILLIAMS COhistory →COM1.61%$3M5.7K
21BROBROWN & BROWN INChistory →COM1.50%$3M75.0K
22AOSSMITH A O CORPhistory →COM1.50%$3M64.6K
23AAGILENT TECHNOLOGIES INChistory →COM1.28%$3M29.4K
24ROSTROSS STORES INChistory →COM1.23%$2M29.2K
25VEAVANGUARD TAX-MANAGED FDShistory →FTSE DEV MKT ETF1.17%$2M61.2K
26NOBLPROSHARES TRhistory →S&P 500 DV ARIST1.04%$2M31.3K
27VWOVANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.69%$1M35.4K
28MSFTMICROSOFT CORPCOM0.65%$1M6.5K
29PGPROCTER AND GAMBLE COCOM0.56%$1M9.5K
30ISHARES GOLD TRUSTISHARES0.55%$1M66.2K
31JNJJOHNSON & JOHNSONCOM0.51%$1M7.4K
32BOTZGLOBAL X FDSRBTCS ARTFL INTE · US INFR DEV ETF0.45%$915,00046.7K
33PKWINVESCO EXCHANGE TRADED FD TFTSE RAFI 1500 · BUYBACK ACHIEV · S&P500 EQL WGT0.39%$784,0009.0K
34BABOEING COCOM0.38%$767,0004.2K
35LLYLILLY ELI & COCOM0.33%$661,0004.0K
36MRKMERCK & CO. INCCOM0.31%$626,0008.1K
37MPCMARATHON PETE CORPCOM0.30%$605,00016.2K
38AMZNAMAZON COM INCCOM0.27%$549,000199
39PFEPFIZER INCCOM0.26%$531,00016.2K
40IBMINTERNATIONAL BUSINESS MACHSCOM0.23%$473,0003.9K
41ECLECOLAB INCCOM0.22%$443,0002.2K
42QQQINVESCO QQQ TRUNIT SER 10.21%$428,0001.7K
43WMTWALMART INCCOM0.19%$390,0003.3K
44WMWASTE MGMT INC DELCOM0.18%$368,0003.5K
45TDTORONTO DOMINION BK ONTCOM NEW0.16%$333,0007.5K
46DXCMDEXCOM INCCOM0.16%$326,000805
47AEEAMEREN CORPCOM0.16%$325,0004.6K
48ITWILLINOIS TOOL WKS INCCOM0.15%$309,0001.8K
49ALLALLSTATE CORPCOM0.14%$291,0003.0K
50TAT&T INCCOM0.14%$290,0009.6K
51RTXRAYTHEON TECHNOLOGIES CORPCOM0.14%$286,0004.6K
52SPDWSPDR INDEX SHS FDSPORTFOLIO DEVLPD0.13%$272,0009.8K
53EXMOCEXXON MOBIL CORPCOM0.13%$265,0005.9K
54METAFACEBOOK INCCL A0.13%$259,0001.1K
55NEENEXTERA ENERGY INCCOM0.13%$259,0001.1K
56KCKINGSOFT CLOUD HLDGS LTDADS0.12%$250,000250.0K
57BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.12%$246,0001.1K
58RSGREPUBLIC SVCS INCCOM0.12%$244,0003.0K
59HEALTHCARE TR AMER INCCL A NEW0.12%$243,0009.1K
60DIREXION SHS ETF TRDLY SMCAP BULL3X0.11%$231,0008.4K
61TRVTRAVELERS COMPANIES INCCOM0.11%$228,0002.0K
62USBUS BANCORP DELCOM NEW0.10%$212,0005.8K
63MCDMCDONALDS CORPCOM0.10%$209,0001.1K
64PYPLPAYPAL HLDGS INCCOM0.10%$207,0001.2K
65MARATHON OIL CORPCOM0.05%$99,00016.2K
66FFORD MTR CO DELCOM0.04%$79,00013.0K
67SPROTT PHYSICAL SILVER TRTR UNIT0.03%$67,00010.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2024$489M153Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$508M154Oct 9, 202413F-HRchanges · EDGAR ↗
Q2 2024$474M218Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$455M152Apr 23, 202413F-HRchanges · EDGAR ↗
Q4 2023$419M127Feb 2, 202413F-HRchanges · EDGAR ↗
Q2 2023$408M141Jul 19, 202313F-HRchanges · EDGAR ↗
Q1 2023$409M131Apr 18, 202313F-HRchanges · EDGAR ↗
Q4 2022$382M124Jan 23, 202313F-HRchanges · EDGAR ↗
Q3 2022$374M121Oct 12, 202213F-HRchanges · EDGAR ↗
Q2 2022$360M118Jul 26, 202213F-HRchanges · EDGAR ↗
Q1 2022$382M134Apr 26, 202213F-HRchanges · EDGAR ↗
Q4 2021$438M587Jan 27, 202213F-HRchanges · EDGAR ↗
Q3 2021$372M134Nov 3, 202113F-HRchanges · EDGAR ↗
Q2 2021$356M136Aug 6, 202113F-HRchanges · EDGAR ↗
Q1 2021$322M127May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$278M125Jan 19, 202113F-HRchanges · EDGAR ↗
Q3 2020$254M119Oct 20, 202013F-HRchanges · EDGAR ↗
Q2 2020$203M119Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$149M108Apr 29, 202013F-HRchanges · EDGAR ↗
Q4 2019$179M108Jan 27, 202013F-HRchanges · EDGAR ↗
Q3 2019$170M108Nov 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$132M93May 3, 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 ↗.