Managers / Q1 2023 · view latest →
Verde Capital Management
CIK 0001802891 · 8031 ORTONVILLE ROAD, SUITE 210, CLARKSTON, MI, 48348 · 248-528-1870
Summary
Verde Capital Management reported $240M in U.S.-listed holdings across 39 positions for Q1 2023.
Its largest position, Vaneck Etf, represents 18.5% of the portfolio.
Compared with Q4 2022, the fund opened 1 new position and exited 1.
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. 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% · $209M
- Common Stock · 10.1% · $24M
- REIT · 1.4% · $3M
- Other · 1.2% · $3M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | NEW | +1.9K | 1.9K | +$212,583 | $212,583 |
| LMTLOCKHEED MARTIN CORP | SOLD OUT | −843 | 0 | −$409,953 | $0 |
| VANGUARD TAX-MANAGED FDS | TRIMMED | −7.8K | 31.0K | −$229,202 | $1M |
| VANGUARD BD INDEX FDS | TRIMMED | −1.2K | 5.8K | −$86,111 | $442,505 |
| AAPLAPPLE INC | TRIMMED | −704 | 3.3K | +$25,282 | $550,578 |
| INVESCO EXCHANGE TRADED FD T | TRIMMED | −5.7K | 28.8K | −$422,634 | $2M |
| ISHARES TR | ADDED | +44.5K | 368.2K | +$2M | $11M |
| ISHARES TR | ADDED | +2.7K | 22.6K | +$228,332 | $1M |
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 | ISHARES TR | CORE S&P MCP ETF · CORE S&P SCP ETF · HDG MSCI EAFE · CORE LT USDB ETF · MRGSTR MD CP GRW · NATIONAL MUN ETF · IBOXX INV CP ETF | 20.48% | $49M | 702.3K |
| 2 | VANECK ETF TRUST | MRNGSTR WDE MOAT · EMERGING MRKT HI | 18.94% | $45M | 653.8K |
| 3 | VANGUARD WORLD FD | ESG US STK ETF | 14.28% | $34M | 477.4K |
| 4 | SCHWAB STRATEGIC TR | SCHWB FDT INT LG · US TIPS ETF | 10.32% | $25M | 724.3K |
| 5 | INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 8.61% | $21M | 156.4K |
| 6 | VANGUARD BD INDEX FDS | INTERMED TERM · SHORT TRM BOND | 5.95% | $14M | 185.8K |
| 7 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 3.19% | $8M | 23.9K |
| 8 | NVDANVIDIA CORPORATIONhistory → | COM | 1.61% | $4M | 13.9K |
| 9 | TSLATESLA INChistory → | COM | 1.60% | $4M | 18.5K |
| 10 | SPDR SER TR | PORTFLI TIPS ETF | 1.36% | $3M | 122.1K |
| 11 | VANGUARD WHITEHALL FDS | EM MK GOV BD ETF | 1.17% | $3M | 45.0K |
| 12 | NFLXNETFLIX INChistory → | COM | 1.15% | $3M | 8.0K |
| 13 | CRMSALESFORCE INChistory → | COM | 1.09% | $3M | 13.0K |
| 14 | AMZNAMAZON COM INChistory → | COM | 1.08% | $3M | 25.1K |
| 15 | SPOTIFY TECHNOLOGY S A | SHS | 0.97% | $2M | 17.5K |
| 16 | GOOGALPHABET INC | CAP STK CL C | 0.97% | $2M | 22.3K |
| 17 | ZGZILLOW GROUP INC | CL A | 0.92% | $2M | 50.4K |
| 18 | PYPLPAYPAL HLDGS INC | COM | 0.91% | $2M | 28.8K |
| 19 | INVESCO EXCHANGE TRADED FD T | S&P MDCP MOMNTUM | 0.91% | $2M | 28.8K |
| 20 | VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 0.84% | $2M | 41.4K |
| 21 | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 0.58% | $1M | 31.0K |
| 22 | PLDPROLOGIS INC. | COM | 0.57% | $1M | 11.0K |
| 23 | PTONPELOTON INTERACTIVE INC | CL A COM | 0.57% | $1M | 119.7K |
| 24 | AMTAMERICAN TOWER CORP NEW | COM | 0.46% | $1M | 5.4K |
| 25 | EQIXEQUINIX INC | COM | 0.36% | $869,886 | 1.2K |
| 26 | VANGUARD INDEX FDS | REAL ESTATE ETF | 0.23% | $560,369 | 6.7K |
| 27 | AAPLAPPLE INC | COM | 0.23% | $550,578 | 3.3K |
| 28 | VANGUARD INTL EQUITY INDEX F | GLB EX US ETF | 0.23% | $547,095 | 13.5K |
| 29 | HORIZON THERAPEUTICS PUB L | SHS | 0.22% | $534,786 | 4.9K |
| 30 | VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 0.20% | $469,999 | 10.1K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $468M | 69 | Apr 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $469M | 67 | Feb 6, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $451M | 68 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $405M | 65 | Jul 7, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $351M | 64 | Apr 8, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $354M | 64 | Jan 17, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $333M | 52 | Oct 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $315M | 45 | Jul 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $292M | 42 | Apr 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $265M | 43 | Jan 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $257M | 43 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $264M | 42 | Jul 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $240M | 39 | Apr 25, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $209M | 39 | Jan 24, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $206M | 38 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $218M | 39 | Jul 28, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $252M | 41 | Apr 18, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $263M | 40 | Jan 24, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $240M | 37 | Oct 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $238M | 41 | Jul 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $227M | 37 | Apr 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $201M | 39 | Jan 29, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $176M | 44 | Nov 3, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $153M | 39 | Jul 20, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $141M | 34 | Apr 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $171M | 38 | Feb 11, 2020 | 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 ↗.