SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Centerstone Investors, LLC

CIK 0001766788 · 228 PARK AVENUE S., SUITE 75938, NEW YORK, NY, 10003 · 212-503-5789

Reported Value
$104M
Q4 2020
Positions
22
Filings on Record
31
2019–present window
Filed
Feb 16, 2021
original filing

Summary

Centerstone Investors, LLC reported $104M in U.S.-listed holdings across 22 positions for Q4 2020.

Its largest position, GLD, represents 16.5% of the portfolio.

Compared with Q3 2020, the fund opened 2 new positions and exited 2.

Portfolio Metrics

Turnover
+8.8%
vs prior filed quarter
Top-10 Concentration
+70.5%
share of reported value
Largest Position
+16.5%
Spdr Gold Tr
New / Exited
2 / 2
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: $140MQ1 ’19Q2 ’19: $160MQ3 ’19: $146MQ4 ’19: $140MQ1 ’20: $110MQ1 ’20Q2 ’20: $103MQ3 ’20: $98MQ4 ’20: $104MQ1 ’21: $101MQ1 ’21Q2 ’21: $95MQ3 ’21: $104MQ4 ’21: $114MQ1 ’22: $96MQ1 ’22Q2 ’22: $87MQ3 ’22: $61MQ4 ’22: $68MQ1 ’23: $85MQ1 ’23Q2 ’23: $100MQ3 ’23: $98MQ4 ’23: $98MQ1 ’24: $129MQ1 ’24Q2 ’24: $120MQ3 ’24: $103MQ4 ’24: $107MQ1 ’25: $42MQ1 ’25Q2 ’25: $24MQ3 ’25: $28MQ4 ’25: $32Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 74.4%ETP: 19.2%ADR: 6.4%
  • Common Stock · 74.4% · $77M
  • ETP · 19.2% · $20M
  • ADR · 6.4% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KRESPDR SER TRNEW+35.6K35.6K+$2M$2M
TBTPROSHARES TRNEW+60.0K60.0K+$985,000$985,000
MSFTMICROSOFT CORPSOLD OUT−11.5K0−$2M$0
CVXCHEVRON CORP NEWSOLD OUT−27.0K0−$2M$0
MMM3M COADDED+17.6K45.8K+$3M$8M
TGTTARGET CORPTRIMMED−11.0K16.3K−$1M$3M
HSICHENRY SCHEIN INCADDED+18.0K72.8K+$2M$5M
SMGSCOTTS MIRACLE GRO COTRIMMED−7.0K17.0K−$283,000$3M

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

Holdings — Q4 2020

22 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GLDSPDR GOLD TRhistory →GOLD SHS16.49%$17M95.8K
2MHKMOHAWK INDS INChistory →COM11.34%$12M83.4K
3MMM3M COhistory →COM7.73%$8M45.8K
4CCUCOMPANIA CERVECERIAS UNIDAShistory →SPONSORED ADR6.41%$7M452.0K
5EMREMERSON ELEC COhistory →COM5.36%$6M69.1K
6GWWGRAINGER W W INChistory →COM5.10%$5M13.0K
7PRGOPERRIGO CO PLChistory →SHS4.99%$5M115.7K
8ORLYOREILLY AUTOMOTIVE INChistory →COM4.81%$5M11.0K
9HSICHENRY SCHEIN INChistory →COM4.69%$5M72.8K
10MCDMCDONALDS CORPhistory →COM3.55%$4M17.1K
11SMGSCOTTS MIRACLE GRO COhistory →CL A3.27%$3M17.0K
12FNVFRANCO NEV CORPhistory →COM3.25%$3M26.8K
13BCBRUNSWICK CORPhistory →COM2.97%$3M40.4K
14CLCOLGATE PALMOLIVE COhistory →COM2.96%$3M35.9K
15TGTTARGET CORPhistory →COM2.78%$3M16.3K
16COVETRUS INCCOM2.53%$3M91.2K
17CSLCARLISLE COS INChistory →COM2.40%$2M15.9K
18SONSONOCO PRODS COhistory →COM2.38%$2M41.7K
19XRAYDENTSPLY SIRONA INChistory →COM2.23%$2M44.1K
20KMXCARMAX INChistory →COM2.01%$2M22.0K
21KRESPDR SER TRhistory →S&P REGL BKG1.78%$2M35.6K
22TBTPROSHARES TRPSHS ULTSH 20YRS0.95%$985,00060.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2025$32M22Jan 30, 202613F-HRchanges · EDGAR ↗
Q3 2025$28M21Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$24M22Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$42M22May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$107M28Feb 19, 2025RESTATEMENTchanges · EDGAR ↗
Q3 2024$103M26Nov 25, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2024$120M29Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$129M30May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$98M24Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$98M25Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$100M24Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$85M24May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$68M26Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$61M22Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$87M22Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$96M19May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$114M22Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$104M22Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$95M21Nov 15, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$101M20May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$104M22Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$98M22Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$103M25Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$110M26May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$140M24Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$146M26Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$160M29Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$140M29May 14, 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 ↗.