SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Verde Capital Management

CIK 0001802891 · 8031 ORTONVILLE ROAD, SUITE 210, CLARKSTON, MI, 48348 · 248-528-1870

Reported Value
$264M
Q2 2023
Positions
42
Filings on Record
26
2019–present window
Filed
Jul 13, 2023
original filing

Summary

Verde Capital Management reported $264M in U.S.-listed holdings across 42 positions for Q2 2023.

Its largest position, Vaneck Etf, represents 18.2% of the portfolio.

Compared with Q1 2023, the fund opened 3 new positions and exited 0.

Portfolio Metrics

Turnover
+0.4%
vs prior filed quarter
Top-10 Concentration
+78.2%
share of reported value
Largest Position
+18.2%
Vaneck Etf

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

13F Reported Value
Q4 ’19: $171MQ4 ’19Q1 ’20: $141MQ2 ’20: $153MQ3 ’20: $176MQ4 ’20: $201MQ4 ’20Q1 ’21: $227MQ2 ’21: $238MQ3 ’21: $240MQ4 ’21: $263MQ4 ’21Q1 ’22: $252MQ2 ’22: $218MQ3 ’22: $206MQ4 ’22: $209MQ4 ’22Q1 ’23: $240MQ2 ’23: $264MQ3 ’23: $257MQ4 ’23: $265MQ4 ’23Q1 ’24: $292MQ2 ’24: $315MQ3 ’24: $333MQ4 ’24: $354MQ4 ’24Q1 ’25: $351MQ2 ’25: $405MQ3 ’25: $451MQ4 ’25: $469MQ4 ’25Q1 ’26: $468Mfilingsflow.com

Portfolio Composition

By security type
ETP: 86.5%Common Stock: 10.9%REIT: 1.3%Other: 1.2%
  • ETP · 86.5% · $228M
  • Common Stock · 10.9% · $29M
  • REIT · 1.3% · $4M
  • Other · 1.2% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+492492+$219,289$219,289
GOOGLALPHABET INCNEW+1.7K1.7K+$205,700$205,700
UNHUNITEDHEALTH GROUP INCNEW+419419+$201,304$201,304
VANGUARD BD INDEX FDSTRIMMED−1.1K4.7K−$86,840$355,665
ISHARES TRADDED+3.3K25.9K+$278,202$2M
ISHARES TRADDED+44.1K412.3K+$2M$13M
VANGUARD INDEX FDSADDED+7757.5K+$68,232$628,601
AMTAMERICAN TOWER CORP NEWADDED+6226.0K+$64,215$1M

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

Holdings — Q2 2023

31 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P MCP ETF · HDG MSCI EAFE · CORE S&P SCP ETF · CORE LT USDB ETF · MRGSTR MD CP GRW · NATIONAL MUN ETF · IBOXX INV CP ETF · CORE S&P500 ETF20.47%$54M765.6K
2VANECK ETF TRUSTMRNGSTR WDE MOAT · EMERGING MRKT HI18.52%$49M652.0K
3VANGUARD WORLD FDESG US STK ETF14.66%$39M493.1K
4SCHWAB STRATEGIC TRSCHWB FDT INT LG · US TIPS ETF9.68%$26M733.4K
5INVESCO EXCH TRADED FD TR IINASDAQ 100 ETF9.45%$25M163.9K
6VANGUARD BD INDEX FDSINTERMED TERM · SHORT TRM BOND5.37%$14M188.2K
7NDQINVESCO QQQ TRhistory →UNIT SER 13.21%$8M22.9K
8NVDANVIDIA CORPORATIONhistory →COM2.08%$5M12.9K
9TSLATESLA INChistory →COM1.86%$5M18.8K
10NFLXNETFLIX INChistory →COM1.32%$3M7.9K
11SPDR SER TRPORTFLI TIPS ETF1.24%$3M126.1K
12AMZNAMAZON COM INChistory →COM1.23%$3M24.8K
13GOOGALPHABET INCCAP STK CL C · CAP STK CL A1.10%$3M23.9K
14VANGUARD WHITEHALL FDSEM MK GOV BD ETF1.06%$3M44.7K
15SPOTIFY TECHNOLOGY S ASHS1.04%$3M17.1K
16CRMSALESFORCE INChistory →COM1.02%$3M12.7K
17ZGZILLOW GROUP INCCL A0.92%$2M49.5K
18VANGUARD CHARLOTTE FDSTOTAL INT BD ETF0.84%$2M45.3K
19INVESCO EXCHANGE TRADED FD TS&P MDCP MOMNTUM0.80%$2M26.6K
20PYPLPAYPAL HLDGS INCCOM0.75%$2M29.6K
21VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT0.54%$1M30.8K
22PLDPROLOGIS INC.COM0.52%$1M11.2K
23AMTAMERICAN TOWER CORP NEWCOM0.45%$1M6.0K
24EQIXEQUINIX INCCOM0.37%$979,9311.3K
25PTONPELOTON INTERACTIVE INCCL A COM0.36%$937,585121.9K
26VANGUARD INDEX FDSREAL ESTATE ETF0.24%$628,6017.5K
27AAPLAPPLE INCCOM0.24%$628,3013.2K
28VANGUARD INTL EQUITY INDEX FGLB EX US ETF0.23%$602,62915.0K
29HORIZON THERAPEUTICS PUB LSHS0.19%$503,9654.9K
30VANGUARD SCOTTSDALE FDSMTG-BKD SECS ETF0.18%$469,07610.2K
31UNHUNITEDHEALTH GROUP INCCOM0.08%$201,304419

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$468M69Apr 17, 202613F-HRchanges · EDGAR ↗
Q4 2025$469M67Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$451M68Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$405M65Jul 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$351M64Apr 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$354M64Jan 17, 202513F-HRchanges · EDGAR ↗
Q3 2024$333M52Oct 18, 202413F-HRchanges · EDGAR ↗
Q2 2024$315M45Jul 18, 202413F-HRchanges · EDGAR ↗
Q1 2024$292M42Apr 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$265M43Jan 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$257M43Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$264M42Jul 13, 202313F-HRchanges · EDGAR ↗
Q1 2023$240M39Apr 25, 202313F-HRchanges · EDGAR ↗
Q4 2022$209M39Jan 24, 202313F-HRchanges · EDGAR ↗
Q3 2022$206M38Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$218M39Jul 28, 202213F-HRchanges · EDGAR ↗
Q1 2022$252M41Apr 18, 202213F-HRchanges · EDGAR ↗
Q4 2021$263M40Jan 24, 202213F-HRchanges · EDGAR ↗
Q3 2021$240M37Oct 13, 202113F-HRchanges · EDGAR ↗
Q2 2021$238M41Jul 14, 202113F-HRchanges · EDGAR ↗
Q1 2021$227M37Apr 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$201M39Jan 29, 202113F-HRchanges · EDGAR ↗
Q3 2020$176M44Nov 3, 202013F-HRchanges · EDGAR ↗
Q2 2020$153M39Jul 20, 202013F-HRchanges · EDGAR ↗
Q1 2020$141M34Apr 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$171M38Feb 11, 202013F-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 ↗.