SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Centerstone Investors, LLC

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

Reported Value
$61M
Q3 2022
Positions
22
Filings on Record
31
2019–present window
Filed
Nov 14, 2022
original filing

Summary

Centerstone Investors, LLC reported $61M in U.S.-listed holdings across 22 positions for Q3 2022.

The portfolio is heavily concentrated: GLD alone accounts for 23.1% of reported value.

Compared with Q2 2022, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+2.0%
vs prior filed quarter
Top-10 Concentration
+75.0%
share of reported value
Largest Position
+23.1%
Spdr Gold Tr
New / Exited
1 / 1
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: 68.7%ETP: 24.9%ADR: 6.4%
  • Common Stock · 68.7% · $42M
  • ETP · 24.9% · $15M
  • ADR · 6.4% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BABAALIBABA GROUP HLDG LTDNEW+11.4K11.4K+$912,000$912,000
CDKCDK GLOBAL INCSOLD OUT−150.0K0−$8M$0
MMM3M COTRIMMED−24.9K12.3K−$3M$1M
KMXCARMAX INCTRIMMED−20.8K10.7K−$2M$709,000
IAA INCADDED+15.5K53.0K+$459,000$2M
PRGOPERRIGO CO PLCTRIMMED−80.9K192.6K−$4M$7M
CCUCOMPANIA CERVECERIAS UNIDASTRIMMED−44.3K277.3K−$1M$3M
HSICHENRY SCHEIN INCTRIMMED−10.1K74.2K−$2M$5M

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

Holdings — Q3 2022

22 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GLDSPDR GOLD TRhistory →GOLD SHS23.05%$14M91.0K
2PRGOPERRIGO CO PLChistory →SHS11.25%$7M192.6K
3HSICHENRY SCHEIN INChistory →COM7.98%$5M74.2K
4ORLYOREILLY AUTOMOTIVE INChistory →COM6.59%$4M5.7K
5CCUCOMPANIA CERVECERIAS UNIDAShistory →SPONSORED ADR4.89%$3M277.3K
6SONSONOCO PRODS COhistory →COM4.88%$3M52.5K
7WMTWALMART INChistory →COM4.67%$3M22.0K
8GWWGRAINGER W W INChistory →COM4.34%$3M5.4K
9FNVFRANCO NEV CORPhistory →COM4.09%$2M20.9K
10MHKMOHAWK INDS INChistory →COM3.27%$2M21.9K
11MCDMCDONALDS CORPhistory →COM2.87%$2M7.6K
12IAA INCCOM2.76%$2M53.0K
13EMREMERSON ELEC COhistory →COM2.70%$2M22.6K
14ROSTROSS STORES INChistory →COM2.43%$1M17.6K
15MMM3M COhistory →COM2.22%$1M12.3K
16CSLCARLISLE COS INChistory →COM2.20%$1M4.8K
17XRAYDENTSPLY SIRONA INChistory →COM2.13%$1M45.9K
18KRESPDR SER TRhistory →S&P REGL BKG1.87%$1M19.4K
19SMGSCOTTS MIRACLE-GRO COhistory →CL A1.67%$1M23.8K
20BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.49%$912,00011.4K
21BCBRUNSWICK CORPhistory →COM1.48%$906,00013.8K
22KMXCARMAX INChistory →COM1.16%$709,00010.7K

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 ↗.