Managers / Q3 2024 · view latest →
Verde Capital Management
CIK 0001802891 · 8031 ORTONVILLE ROAD, SUITE 210, CLARKSTON, MI, 48348 · 248-528-1870
Summary
Verde Capital Management reported $333M in U.S.-listed holdings across 52 positions for Q3 2024.
Its largest position, IJH, represents 18.7% of the portfolio.
Compared with Q2 2024, the fund opened 8 new positions 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, 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 · 83.1% · $277M
- Common Stock · 14.2% · $47M
- REIT · 2.3% · $8M
- ADR · 0.4% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NVONOVO-NORDISK A S | NEW | +11.1K | 11.1K | +$1M | $1M |
| ORLYOREILLY AUTOMOTIVE INC | NEW | +1.0K | 1.0K | +$1M | $1M |
| AZOAUTOZONE INC | NEW | +361 | 361 | +$1M | $1M |
| TJXTJX COS INC NEW | NEW | +4.6K | 4.6K | +$535,325 | $535,325 |
| CTASCINTAS CORP | NEW | +2.4K | 2.4K | +$491,407 | $491,407 |
| INTUINTUIT | NEW | +654 | 654 | +$406,178 | $406,178 |
| SYKSTRYKER CORPORATION | NEW | +1.1K | 1.1K | +$397,386 | $397,386 |
| CBSHCOMMERCE BANCSHARES INC | NEW | +3.4K | 3.4K | +$201,347 | $201,347 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | IJHISHARES TR | CORE S&P MCP ETF · HDG MSCI EAFE · CORE LT USDB ETF · CORE S&P SCP ETF · MRGSTR MD CP GRW · CORE S&P500 ETF | 18.72% | $62M | 1.19M |
| 2 | ESGVVANGUARD WORLD FDhistory → | ESG US STK ETF | 16.76% | $56M | 549.8K |
| 3 | MOATVANECK ETF TRUST | MRNGSTR WDE MOAT · EMERGING MRKT HI | 16.75% | $56M | 615.7K |
| 4 | FNDFSCHWAB STRATEGIC TR | FUNDAMENTAL INTL · US TIPS ETF | 8.99% | $30M | 771.0K |
| 5 | QQQMINVESCO EXCH TRADED FD TR IIhistory → | NASDAQ 100 ETF | 8.54% | $28M | 141.8K |
| 6 | QQQINVESCO QQQ TRhistory → | UNIT SER 1 | 2.57% | $9M | 17.5K |
| 7 | BIVVANGUARD BD INDEX FDS | INTERMED TERM · SHORT TRM BOND | 2.56% | $9M | 108.7K |
| 8 | TSLATESLA INChistory → | COM | 2.36% | $8M | 30.1K |
| 9 | IBITISHARES BITCOIN TRUST ETFhistory → | SHS BEN INT | 2.06% | $7M | 189.6K |
| 10 | VCITVANGUARD SCOTTSDALE FDShistory → | INT-TERM CORP | 1.97% | $7M | 78.4K |
| 11 | NVDANVIDIA CORPORATIONhistory → | COM | 1.86% | $6M | 51.2K |
| 12 | NFLXNETFLIX INChistory → | COM | 1.20% | $4M | 5.7K |
| 13 | PYPLPAYPAL HLDGS INChistory → | COM | 1.19% | $4M | 50.8K |
| 14 | GBTCGRAYSCALE BITCOIN TR BTC | SHS REP COM UT | 0.92% | $3M | 60.6K |
| 15 | VWOBVANGUARD WHITEHALL FDS | EM MK GOV BD ETF | 0.90% | $3M | 45.2K |
| 16 | AMZNAMAZON COM INC | COM | 0.89% | $3M | 16.0K |
| 17 | GOOGALPHABET INC | CAP STK CL C | 0.84% | $3M | 16.7K |
| 18 | SPOTSPOTIFY TECHNOLOGY S A | SHS | 0.84% | $3M | 7.6K |
| 19 | CRMSALESFORCE INC | COM | 0.83% | $3M | 10.1K |
| 20 | SPIPSPDR SER TR | PORTFLI TIPS ETF | 0.78% | $3M | 98.7K |
| 21 | XMMOINVESCO EXCHANGE TRADED FD T | S&P MDCP MOMNTUM | 0.64% | $2M | 17.8K |
| 22 | ABNBAIRBNB INC | COM CL A | 0.64% | $2M | 16.8K |
| 23 | AMTAMERICAN TOWER CORP NEW | COM | 0.62% | $2M | 8.9K |
| 24 | PLDPROLOGIS INC. | COM | 0.60% | $2M | 15.8K |
| 25 | WELLWELLTOWER INC | COM | 0.58% | $2M | 15.2K |
| 26 | EQIXEQUINIX INC | COM | 0.52% | $2M | 2.0K |
| 27 | AAPLAPPLE INC | COM | 0.45% | $2M | 6.5K |
| 28 | CMGCHIPOTLE MEXICAN GRILL INC | COM | 0.44% | $1M | 25.6K |
| 29 | NVONOVO-NORDISK A S | ADR | 0.40% | $1M | 11.1K |
| 30 | COSTCOSTCO WHSL CORP NEW | COM | 0.38% | $1M | 1.4K |
| 31 | ORLYOREILLY AUTOMOTIVE INC | COM | 0.35% | $1M | 1.0K |
| 32 | VNQVANGUARD INDEX FDS | REAL ESTATE ETF | 0.34% | $1M | 11.8K |
| 33 | AZOAUTOZONE INC | COM | 0.34% | $1M | 361 |
| 34 | VNQIVANGUARD INTL EQUITY INDEX F | GLB EX US ETF | 0.32% | $1M | 22.8K |
| 35 | MSFTMICROSOFT CORP | COM | 0.32% | $1M | 2.5K |
| 36 | LMTLOCKHEED MARTIN CORP | COM | 0.28% | $917,832 | 1.6K |
| 37 | BNDXVANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 0.27% | $914,900 | 18.2K |
| 38 | VVISA INC | COM CL A | 0.23% | $769,785 | 2.8K |
| 39 | TJXTJX COS INC NEW | COM | 0.16% | $535,325 | 4.6K |
| 40 | CTASCINTAS CORP | COM | 0.15% | $491,407 | 2.4K |
| 41 | INTUINTUIT | COM | 0.12% | $406,178 | 654 |
| 42 | UNHUNITEDHEALTH GROUP INC | COM | 0.12% | $405,601 | 694 |
| 43 | SYKSTRYKER CORPORATION | COM | 0.12% | $397,386 | 1.1K |
| 44 | CBSHCOMMERCE BANCSHARES INC | COM | 0.06% | $201,347 | 3.4K |
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 ↗.