Managers / Q1 2023 · view latest →
Matrix Trust Co
CIK 0001784277 · 717 17TH STREET, SUITE 1300, DENVER, CO, 80202 · 866-935-6824
Summary
Matrix Trust Co reported $371M in U.S.-listed holdings across 64 positions for Q1 2023.
The portfolio is heavily concentrated: SCHF alone accounts for 38.8% of reported value.
Compared with Q4 2022, the fund opened 16 new positions and exited 3.
Portfolio Metrics
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
Portfolio Composition
- ETP · 87.3% · $324M
- Common Stock · 12.7% · $47M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| UPSUNITED PARCEL SERVICE INC | NEW | +9.7K | 9.7K | +$2M | $2M |
| GLWCORNING INC | NEW | +40.2K | 40.2K | +$1M | $1M |
| WOODISHARES TR | NEW | +3.3K | 3.3K | +$234,000 | $234,000 |
| SGOVISHARES TR | NEW | +1.6K | 1.6K | +$160,000 | $160,000 |
| GLDMWORLD GOLD TR | NEW | +3.0K | 3.0K | +$118,000 | $118,000 |
| IVVISHARES TR | NEW | +260 | 260 | +$107,000 | $107,000 |
| ICSHISHARES TR | NEW | +2.1K | 2.1K | +$103,000 | $103,000 |
| IEFISHARES TR | NEW | +971 | 971 | +$96,000 | $96,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SCHFSCHWAB STRATEGIC TR | INTL EQTY ETF · US TIPS ETF · US LRG CAP ETF · US DIVIDEND EQ · US SML CAP ETF | 38.80% | $144M | 3.38M |
| 2 | ILCVISHARES TR | MRNGSTR LG-CP VL · CORE US AGGBD ET · MRGSTR MD CP VAL · MRNING SM CP ETF · MRGSTR MD CP GRW · MRGSTR MD CP ETF · MRGSTR SM CP GR · IBOXX INV CPBD · GL TIMB FORE ETF · 0-3 MNTH TREASRY · S&P 500 INDEX · BLACKROCK ULTRA · 7-10 YR TRSY BD · 0-5 YR TIPS ETF | 32.80% | $122M | 1.89M |
| 3 | VWOVANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF · FTSE EUROPE ETF | 7.35% | $27M | 674.8K |
| 4 | VCSHVANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD · INT-TERM CORP | 6.83% | $25M | 328.4K |
| 5 | XLESELECT SECTOR SPDR TRhistory → | ENERGY | 1.05% | $4M | 47.2K |
| 6 | AVGOBROADCOM INC | COM | 0.67% | $2M | 3.9K |
| 7 | ABBVABBVIE INC | COM | 0.54% | $2M | 12.7K |
| 8 | APDAIR PRODS & CHEMS INC | COM | 0.53% | $2M | 6.8K |
| 9 | TXNTEXAS INSTRS INC | COM | 0.52% | $2M | 10.3K |
| 10 | UPSUNITED PARCEL SERVICE INC | CL B | 0.51% | $2M | 9.7K |
| 11 | AAPLAPPLE INC | COM | 0.49% | $2M | 11.1K |
| 12 | MSFTMICROSOFT CORP | COM | 0.47% | $2M | 6.0K |
| 13 | TROWPRICE T ROWE GROUP INC | COM | 0.46% | $2M | 15.1K |
| 14 | ACNACCENTURE PLC IRELAND | SHS CLASS A | 0.46% | $2M | 5.9K |
| 15 | ALLALLSTATE CORP | COM | 0.44% | $2M | 14.7K |
| 16 | JPMJPMORGAN CHASE & CO | COM | 0.43% | $2M | 12.4K |
| 17 | VLOVALERO ENERGY CORP | COM | 0.42% | $2M | 11.1K |
| 18 | HDHOME DEPOT INC | COM | 0.41% | $2M | 5.1K |
| 19 | MDTMEDTRONIC PLC | SHS | 0.40% | $2M | 18.6K |
| 20 | COSTCOSTCO WHSL CORP NEW | COM | 0.40% | $2M | 3.0K |
| 21 | NEENEXTERA ENERGY INC | COM | 0.40% | $1M | 19.3K |
| 22 | MRKMERCK & CO INC | COM | 0.39% | $1M | 13.8K |
| 23 | USFRWISDOMTREE TR | FLOATNG RAT TREA · EUROPE SMCP DV | 0.39% | $1M | 28.9K |
| 24 | EXMOCEXXON MOBIL CORP | COM | 0.39% | $1M | 13.2K |
| 25 | GLWCORNING INC | COM | 0.38% | $1M | 40.2K |
| 26 | SOSOUTHERN CO | COM | 0.38% | $1M | 20.3K |
| 27 | PAYXPAYCHEX INC | COM | 0.38% | $1M | 12.3K |
| 28 | NOCNORTHROP GRUMMAN CORP | COM | 0.37% | $1M | 3.0K |
| 29 | CMICUMMINS INC | COM | 0.37% | $1M | 5.7K |
| 30 | UNPUNION PAC CORP | COM | 0.36% | $1M | 6.7K |
| 31 | LMTLOCKHEED MARTIN CORP | COM | 0.36% | $1M | 2.8K |
| 32 | AFLAFLAC INC | COM | 0.34% | $1M | 19.8K |
| 33 | CVXCHEVRON CORP NEW | COM | 0.33% | $1M | 7.6K |
| 34 | RTXRAYTHEON TECHNOLOGIES CORP | COM | 0.33% | $1M | 12.5K |
| 35 | JNJJOHNSON & JOHNSON | COM | 0.30% | $1M | 7.3K |
| 36 | BLACKROCK INC | COM | 0.27% | $1M | 1.5K |
| 37 | PFEPFIZER INC | COM | 0.14% | $511,000 | 12.5K |
| 38 | VPUVANGUARD WORLD FDS | UTILITIES ETF | 0.06% | $205,000 | 1.4K |
| 39 | GLDMWORLD GOLD TR | SPDR GLD MINIS | 0.03% | $118,000 | 3.0K |
| 40 | EWGISHARES INC | MSCI GERMANY ETF | 0.01% | $49,000 | 1.7K |
| 41 | LISTED FD TR | TEUCRIUM AGRI ST | 0.01% | $48,000 | 1.4K |
| 42 | SDYSPDR SER TR | S&P DIVID ETF | 0.01% | $21,000 | 172 |
| 43 | PDBCINVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 0.00% | $18,000 | 1.3K |
| 44 | PPAINVESCO EXCHANGE TRADED FD T | AEROSPACE DEFN | 0.00% | $2,000 | 22 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q2 2026 | $690M | 101 | Jul 9, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q1 2026 | $602M | 178 | Apr 10, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $606M | 222 | Jan 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $639M | 249 | Oct 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $628M | 255 | Jul 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $593M | 255 | Apr 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $575M | 251 | Jan 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $535M | 239 | Oct 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $443M | 171 | Jul 10, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $442M | 84 | May 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $427M | 70 | Feb 5, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $383M | 64 | Oct 30, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $388M | 59 | Jul 19, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $371M | 64 | Apr 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | Under review | 51 | Jan 24, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $351M | 48 | Oct 25, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $362M | 53 | Aug 3, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $405M | 52 | Apr 18, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $412M | 20 | Feb 3, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $391M | 20 | Oct 19, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $382M | 20 | Aug 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $366M | 20 | May 6, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $356M | 22 | Feb 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $341M | 26 | Nov 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $392M | 29 | Aug 4, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $370M | 29 | May 6, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $469M | 27 | Jan 21, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $450M | 26 | Oct 30, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $398M | 24 | Aug 1, 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 ↗.