Managers / Q4 2024

TAP Consulting, LLC

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

Reported Value

$489M

Q4 2024

Positions

153

Filings on Record

2019–present window

Filed

Feb 11, 2025

original filing

Summary

Tap Consulting, LLC reported $489M in U.S.-listed holdings across 153 positions for Q4 2024.

Its largest position, TLT, represents 13.5% of the portfolio.

Compared with Q3 2024, the fund opened 8 new positions and exited 9.

Portfolio Metrics

Turnover

+4.4%

vs prior filed quarter

Top-10 Concentration

+67.4%

share of reported value

Largest Position

+13.5%

Ishares Tr

New / Exited

8 / 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

Portfolio Composition

By security type

ETP · 88.0% · $431M
Common Stock · 9.7% · $47M
Other · 1.5% · $7M
REIT · 0.8% · $4M
ADR · 0.0% · $44,291

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
AMERICAN CENTY ETF TR	NEW	+30.1K	30.1K	+$2M	$2M
SDSI AMERICAN CENTY ETF TR	NEW	+30.6K	30.6K	+$2M	$2M
AMERICAN CENTY ETF TR	NEW	+16.0K	16.0K	+$2M	$2M
FLQM FRANKLIN TEMPLETON ETF TR	NEW	+21.4K	21.4K	+$1M	$1M
FIRST TR EXCHANGE-TRADED FD	NEW	+25.3K	25.3K	+$516,486	$516,486
FTHI FIRST TR EXCHANGE-TRADED FD	NEW	+13.5K	13.5K	+$314,518	$314,518
DGRW WISDOMTREE TR	NEW	+2.7K	2.7K	+$215,841	$215,841
SMTH ALPS ETF TR	NEW	+8.3K	8.3K	+$212,250	$212,250

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

Holdings — Q4 2024

73 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	TLT ISHARES TR	20 YR TR BD ETF · CORE S&P MCP ETF · RUSSELL 2000 ETF · 7-10 YR TRSY BD · MSCI EAFE ETF · CR 5 10 YR ETF · US AER DEF ETF · RUS 2000 GRW ETF · MSCI INDIA ETF · U.S. INSRNCE ETF · RESIDENTIAL MULT · 3 7 YR TREAS BD · S&P 500 GRWT ETF · MICRO-CAP ETF · SP SMCP600VL ETF · MRGSTR MD CP GRW · FLTG RATE NT ETF · CORE S&P US VLU · EAFE GRWTH ETF · CORE DIV GRWTH · SHORT TREAS BD	13.46%	$66M	780.5K
2	NEAR ISHARES U S ETF TR history →	SHORT DURATION B	13.21%	$65M	1.28M
3	LMBS FIRST TR EXCHANGE-TRADED FD	FST LOW OPPT EFT · SMID RISNG ETF · LIMITED DURATION · DJ INTERNT IDX · FIRST TR TA HIYL · GROWTH STRENGTH · ENERGY ALPHADX · CLOUD COMPUTING · NASDQ CLN EDGE · NY ARCA BIOTECH · MNGD FUTRS STRGY · WTR ETF · FIRST TR ENH NEW · INTERMEDIATE DUR · BUYWRIT INCM ETF	10.03%	$49M	1.31M
4	VFLO VICTORY PORTFOLIOS II	VCSHS US SML CAP · VCSHS US LRG CAP · VCSHS US 500 VOL · VCSHS INTL VOLTY · VICTORYSHARES WE · SHARES FREE CASH	7.04%	$34M	628.4K
5	MOAT VANECK ETF TRUST	MRNGSTR WDE MOAT · URANIUM AND NUCL · CLO ETF · FALLEN ANGEL HG · SEMICONDUCTR ETF	6.00%	$29M	376.7K
6	SCHJ SCHWAB STRATEGIC TR	1 5YR CORP BD · US BRD MKT ETF · INT-TRM U.S TRES · LONG TERM US · INTL SCEQT ETF · INTL EQTY ETF · US DIVIDEND EQ	4.36%	$21M	860.5K
7	VTI VANGUARD INDEX FDS	TOTAL STK MKT · GROWTH ETF · S&P 500 ETF SHS · VALUE ETF · SML CP GRW ETF · REAL ESTATE ETF · SM CP VAL ETF · MID CAP ETF · SMALL CP ETF	4.01%	$20M	76.3K
8	SPY SPDR S&P 500 ETF TR history →	TR UNIT	3.42%	$17M	28.6K
9	QQQ INVESCO QQQ TR history →	UNIT SER 1	3.13%	$15M	29.9K
10	VFH VANGUARD WORLD FD	FINANCIALS ETF · HEALTH CAR ETF · INF TECH ETF	2.72%	$13M	83.3K
11	XLK SELECT SECTOR SPDR TR	TECHNOLOGY · ENERGY · SBI INT-UTILS · RL EST SEL SEC · COMMUNICATION · SBI CONS DISCR	2.71%	$13M	147.0K
12	KBWY INVESCO EXCH TRADED FD TR II	KBW PREM YIELD · S&P 500 MOMNTM	2.19%	$11M	373.1K
13	SRVR PACER FDS TR	DATA AND INFRAST · US CASH COWS 100 · PACER US SMALL	1.91%	$9M	247.1K
14	XLG INVESCO EXCHANGE TRADED FD T	S&P 500 TOP 50 · S&P500 EQL WGT	1.86%	$9M	137.9K
15	BUG GLOBAL X FDS	CYBRSCURTY ETF · AUTONMOUS EV ETF · US INFR DEV ETF	1.52%	$7M	246.8K
16	NOBL PROSHARES TR history →	S&P 500 DV ARIST	1.21%	$6M	59.4K
17	ETF SER SOLUTIONS	US DIVERSIFIED	1.19%	$6M	181.3K
18	XLSR SSGA ACTIVE TR history →	SPDR SSGA US SCT	1.14%	$6M	104.1K
19	JPST J P MORGAN EXCHANGE TRADED F history →	ULTRA SHRT ETF	1.12%	$5M	108.7K
20	FTGC FIRST TR EXCHANGE TRAD FD VI history →	FST TR GLB FD	1.12%	$5M	228.6K
21	AAPL APPLE INC history →	COM	1.05%	$5M	20.6K
22	SDSI AMERICAN CENTY ETF TR	US LARGE CAP VLU · SHORT DURTN STRG · US SML CP VALU	1.04%	$5M	76.6K
23	ALB ALBEMARLE CORP	COM	0.89%	$4M	50.3K
24	EQR EQUITY RESIDENTIAL	SH BEN INT	0.83%	$4M	56.5K
25	WST WEST PHARMACEUTICAL SVSC INC	COM	0.71%	$3M	10.6K
26	GLD SPDR GOLD TR	GOLD SHS	0.66%	$3M	13.3K
27	BMI BADGER METER INC	COM	0.65%	$3M	14.9K
28	CTAS CINTAS CORP	COM	0.63%	$3M	16.8K
29	LOW LOWES COS INC	COM	0.62%	$3M	12.3K
30	ROP ROPER TECHNOLOGIES INC	COM	0.60%	$3M	5.7K
31	RNR RENAISSANCERE HLDGS LTD	COM	0.60%	$3M	11.8K
32	BRO BROWN & BROWN INC	COM	0.60%	$3M	28.7K
33	BITB BITWISE BITCOIN ETF TR	SHS BEN INT	0.56%	$3M	54.3K
34	FTLS FIRST TR EXCH TRADED FD III	LNG/SHT EQUITY · EME MRK BD ETF	0.53%	$3M	44.9K
35	PH PARKER-HANNIFIN CORP	COM	0.52%	$3M	4.0K
36	NDSN NORDSON CORP	COM	0.50%	$2M	11.6K
37	TGT TARGET CORP	COM	0.44%	$2M	16.1K
38	HACK AMPLIFY ETF TR	AMPLIFY CYBERSEC	0.42%	$2M	27.3K
39	USDU WISDOMTREE TR	BLMBG US BULL · US QTLY DIV GRT	0.36%	$2M	58.2K
40	PINK SIMPLIFY EXCHANGE TRADED FUN	HEALTH CARE ETF	0.31%	$2M	51.3K
41	SPYM SPDR SER TR	PORTFOLIO S&P500 · BLOOMBERG 1-3 MO	0.28%	$1M	18.5K
42	META META PLATFORMS INC	CL A	0.24%	$1M	2.0K
43	FLQM FRANKLIN TEMPLETON ETF TR	US MID CP MLTFCT	0.24%	$1M	21.4K
44	IAU ISHARES GOLD TR	ISHARES NEW	0.23%	$1M	22.6K
45	VRIG INVESCO ACTIVELY MANAGED EXC	VAR RATE INVT	0.23%	$1M	44.1K
46	SDCI USCF ETF TR	SUMMERHAVEN K1	0.20%	$971,977	50.1K
47	SPXL DIREXION SHS ETF TR	DRX S&P500BULL · DLY TECH BULL 3X · DLY SMCAP BULL3X · DLY SCOND 3XBU	0.20%	$969,129	17.8K
48	DTRE FIRST TR FTSE EPRA / NAREIT	ALERIAN DISRUPT	0.19%	$916,313	24.3K
49	PG PROCTER AND GAMBLE CO	COM	0.18%	$887,903	5.3K
50	MSFT MICROSOFT CORP	COM	0.18%	$878,934	2.1K
51	GLTR ABRDN PRECIOUS METALS BASKET	PHYSCL PRECS MET	0.16%	$800,333	7.3K
52	EMXC ISHARES INC	MSCI EMRG CHN · MSCI WORLD ETF	0.16%	$794,245	11.7K
53	VGK VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	0.15%	$733,968	11.6K
54	JNJ JOHNSON & JOHNSON	COM	0.14%	$704,566	4.9K
55	TROW PRICE T ROWE GROUP INC	COM	0.13%	$637,645	5.6K
56	SHW SHERWIN WILLIAMS CO	COM	0.13%	$635,272	1.9K
57	RIGS ALPS ETF TR	RIVRFRNT STR INC · SMITH CORE PLUS	0.13%	$620,478	26.0K
58	AEE AMEREN CORP	COM	0.12%	$584,166	6.6K
59	RSG REPUBLIC SVCS INC	COM	0.09%	$448,727	2.2K
60	UUP INVESCO DB US DLR INDEX TR	BULLISH FD	0.09%	$418,559	14.2K
61	SF STIFEL FINL CORP	COM	0.08%	$414,985	3.9K
62	AMZN AMAZON COM INC	COM	0.08%	$390,295	1.8K
63	WMT WALMART INC	COM	0.08%	$368,746	4.1K
64	IBM INTERNATIONAL BUSINESS MACHS	COM	0.07%	$354,022	1.6K
65	NVDA NVIDIA CORPORATION	COM	0.06%	$284,046	2.1K
66	NEM NEWMONT CORP	COM	0.06%	$279,173	7.5K
67	BAC BANK AMERICA CORP	COM	0.06%	$278,428	6.3K
68	DXCM DEXCOM INC	COM	0.05%	$243,032	3.1K
69	MRK MERCK & CO INC	COM	0.05%	$229,917	2.3K
70	DFAC DIMENSIONAL ETF TRUST	US CORE EQUITY 2	0.04%	$207,138	6.0K
71	ENPH ENPHASE ENERGY INC	COM	0.04%	$201,852	2.9K
72	UUUU ENERGY FUELS INC	COM NEW	0.01%	$64,125	12.5K
73	CMPS COMPASS PATHWAYS PLC	SPONSORED ADS	0.01%	$44,291	11.7K

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 ↗.