SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Centerstone Investors, LLC

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

Reported Value
$96M
Q1 2022
Positions
19
Filings on Record
31
2019–present window
Filed
May 16, 2022
original filing

Summary

Centerstone Investors, LLC reported $96M in U.S.-listed holdings across 19 positions for Q1 2022.

Its largest position, GLD, represents 17.3% of the portfolio.

Compared with Q4 2021, the fund opened 1 new position and exited 4.

Portfolio Metrics

Turnover
+7.6%
vs prior filed quarter
Top-10 Concentration
+77.1%
share of reported value
Largest Position
+17.3%
Spdr Gold Tr
New / Exited
1 / 4
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: 76.9%ETP: 17.3%ADR: 5.8%
  • Common Stock · 76.9% · $74M
  • ETP · 17.3% · $17M
  • ADR · 5.8% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WMTWALMART INCNEW+25.0K25.0K+$4M$4M
KRESPDR SER TRSOLD OUT70.6K0$5M$0
TGTTARGET CORPSOLD OUT16.3K0$4M$0
IEFISHARES TRSOLD OUT17.5K0$2M$0
MRKMERCK & CO INCSOLD OUT3.3K0$253,000$0
BCBRUNSWICK CORPTRIMMED15.7K15.7K$2M$1M
MCDMCDONALDS CORPTRIMMED8.5K8.6K$2M$2M
ORLYOREILLY AUTOMOTIVE INCTRIMMED2.5K7.5K$2M$5M

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

Holdings — Q1 2022

19 positions
#IssuerClass% PortfolioValueShares
1GLDSPDR GOLD TRhistory →GOLD SHS17.30%$17M92.3K
2PRGOPERRIGO CO PLChistory →SHS11.98%$12M300.5K
3HSICHENRY SCHEIN INChistory →COM9.39%$9M103.8K
4CDKCDK GLOBAL INChistory →COM7.58%$7M150.0K
5MMM3M COhistory →COM6.60%$6M42.7K
6CCUCOMPANIA CERVECERIAS UNIDAShistory →SPONSORED ADR5.77%$6M371.5K
7ORLYOREILLY AUTOMOTIVE INChistory →COM5.34%$5M7.5K
8FNVFRANCO NEV CORPhistory →COM4.76%$5M28.7K
9SONSONOCO PRODS COhistory →COM4.52%$4M69.7K
10WMTWALMART INChistory →COM3.86%$4M25.0K
11MHKMOHAWK INDS INChistory →COM3.72%$4M28.9K
12GWWGRAINGER W W INChistory →COM3.29%$3M6.2K
13KMXCARMAX INChistory →COM3.15%$3M31.5K
14XRAYDENTSPLY SIRONA INChistory →COM2.66%$3M52.1K
15EMREMERSON ELEC COhistory →COM2.61%$3M25.6K
16SMGSCOTTS MIRACLE-GRO COhistory →CL A2.56%$2M20.0K
17MCDMCDONALDS CORPhistory →COM2.21%$2M8.6K
18CSLCARLISLE COS INChistory →COM1.39%$1M5.4K
19BCBRUNSWICK CORPhistory →COM1.32%$1M15.7K

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 ↗.