SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Centerstone Investors, LLC

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

Reported Value
$114M
Q4 2021
Positions
22
Filings on Record
31
2019–present window
Filed
Feb 14, 2022
original filing

Summary

Centerstone Investors, LLC reported $114M in U.S.-listed holdings across 22 positions for Q4 2021.

Its largest position, GLD, represents 15.7% of the portfolio.

Compared with Q3 2021, the fund opened 2 new positions and exited 2.

Portfolio Metrics

Turnover
+3.2%
vs prior filed quarter
Top-10 Concentration
+68.8%
share of reported value
Largest Position
+15.7%
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: 72.6%ETP: 21.9%ADR: 5.5%
  • Common Stock · 72.6% · $82M
  • ETP · 21.9% · $25M
  • ADR · 5.5% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IEFISHARES TRNEW+17.5K17.5K+$2M$2M
MRKMERCK & CO INCNEW+3.3K3.3K+$253,000$253,000
SCCOSOUTHERN COPPER CORPSOLD OUT−10.0K0−$561,000$0
IJRISHARES TRSOLD OUT−4.5K0−$491,000$0
PRGOPERRIGO CO PLCADDED+118.0K263.2K+$3M$10M
BCBRUNSWICK CORPTRIMMED−9.0K31.4K−$686,000$3M
XRAYDENTSPLY SIRONA INCADDED+8.0K52.1K+$346,000$3M
SMGSCOTTS MIRACLE-GRO COADDED+3.0K20.0K+$732,000$3M

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

Holdings — Q4 2021

22 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GLDSPDR GOLD TRhistory →GOLD SHS15.67%$18M104.1K
2PRGOPERRIGO CO PLChistory →SHS9.02%$10M263.2K
3HSICHENRY SCHEIN INChistory →COM7.09%$8M103.8K
4MMM3M COhistory →COM6.68%$8M42.7K
5ORLYOREILLY AUTOMOTIVE INChistory →COM6.23%$7M10.0K
6CCUCOMPANIA CERVECERIAS UNIDAShistory →SPONSORED ADR5.51%$6M381.5K
7CDKCDK GLOBAL INChistory →COM5.51%$6M150.0K
8MHKMOHAWK INDS INChistory →COM4.64%$5M28.9K
9KRESPDR SER TRhistory →S&P REGL BKG4.41%$5M70.6K
10MCDMCDONALDS CORPhistory →COM4.04%$5M17.1K
11GWWGRAINGER W W INChistory →COM3.72%$4M8.2K
12SONSONOCO PRODS COhistory →COM3.55%$4M69.7K
13FNVFRANCO NEV CORPhistory →COM3.50%$4M28.7K
14TGTTARGET CORPhistory →COM3.33%$4M16.3K
15KMXCARMAX INChistory →COM2.93%$3M25.5K
16SMGSCOTTS MIRACLE-GRO COhistory →CL A2.84%$3M20.0K
17EMREMERSON ELEC COhistory →COM2.79%$3M34.1K
18BCBRUNSWICK CORPhistory →COM2.79%$3M31.4K
19XRAYDENTSPLY SIRONA INChistory →COM2.56%$3M52.1K
20IEFISHARES TRhistory →BARCLAYS 7 10 YR1.77%$2M17.5K
21CSLCARLISLE COS INChistory →COM1.19%$1M5.4K
22MRKMERCK & CO INCCOM0.22%$253,0003.3K

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 ↗.