Managers / Q3 2021 · view latest →
Sowa Financial Group, Inc.
CIK 0001806226 · 24 ALBION ROAD, SUITE 340, LINCOLN, RI, 02865 · 4014348090
Summary
Sowa Financial Group, Inc. reported $154M in U.S.-listed holdings across 68 positions for Q3 2021.
The portfolio is heavily concentrated: PFF alone accounts for 36.5% of reported value.
Compared with Q2 2021, the fund opened 1 new position 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 · 72.3% · $111M
- Common Stock · 24.8% · $38M
- REIT · 2.8% · $4M
- Other · 0.1% · $205,000
Quarter-over-Quarter Changes full breakdown →
vs Q2 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| IAUISHARES GOLD TR | NEW | +532.2K | 532.2K | +$18M | $18M |
| NVDANVIDIA CORP | ADDED | +6.9K | 8.2K | +$656,000 | $2M |
| IEIISHARES TR | SOLD OUT | −2.7K | 0 | −$355,000 | $0 |
| SHYISHARES TR | SOLD OUT | −3.4K | 0 | −$292,000 | $0 |
| IWMISHARES TR | SOLD OUT | −881 | 0 | −$202,000 | $0 |
| IJHISHARES TR | ADDED | +527 | 1.5K | +$134,000 | $394,000 |
| IJRISHARES TR | ADDED | +3.4K | 12.5K | +$332,000 | $1M |
| RIOTRIOT BLOCKCHAIN INC | ADDED | +2.0K | 8.5K | −$25,000 | $218,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2021
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | PFFISHARES TR | PFD AND INCM SEC · US HLTHCARE ETF · NORTH AMERN NAT · CORE S&P TTL STK · CORE DIV GRWTH · NATIONAL MUN ETF · CORE HIGH DV ETF · U.S. FINLS ETF · MSCI EAFE ETF · COHEN STEER REIT · RUS MDCP VAL ETF · CORE S&P SCP ETF · CORE S&P500 ETF · MSCI MIN VOL ETF · CORE S&P MCP ETF · MSCI EMG MKT ETF · U.S. CNSM SV ETF · BARCLAYS 7 10 YR · CORE US AGGBD ET · S&P 500 VAL ETF · IBONDS DEC22 ETF | 36.50% | $56M | 873.4K |
| 2 | IAUISHARES GOLD TRhistory → | ISHARES NEW | 11.54% | $18M | 532.2K |
| 3 | AAPLAPPLE INChistory → | COM | 11.06% | $17M | 120.5K |
| 4 | SPYSPDR S&P 500 ETF TRhistory → | TR UNIT | 7.21% | $11M | 25.9K |
| 5 | DVYEISHARES INC | EM MKTS DIV ETF · GLB AGRIC PR ETF | 5.47% | $8M | 216.5K |
| 6 | XLKSELECT SECTOR SPDR TR | TECHNOLOGY · SBI INT-UTILS · SBI INT-FINL · SBI CONS STPLS · ENERGY · SBI CONS DISCR | 3.84% | $6M | 89.8K |
| 7 | VVISA INChistory → | COM CL A | 3.62% | $6M | 25.1K |
| 8 | PDMPIEDMONT OFFICE REALTY TR INhistory → | COM CL A | 2.84% | $4M | 250.8K |
| 9 | LATTICE STRATEGIES TR | HARTFORD MLT ETF | 2.78% | $4M | 142.5K |
| 10 | SHOPSHOPIFY INChistory → | CL A | 1.91% | $3M | 2.2K |
| 11 | QQQINVESCO QQQ TRhistory → | UNIT SER 1 | 1.75% | $3M | 7.5K |
| 12 | MSFTMICROSOFT CORPhistory → | COM | 1.68% | $3M | 9.2K |
| 13 | DBAINVESCO DB MLTI SECTR CMMTYhistory → | AGRICULTURE FD | 1.12% | $2M | 90.5K |
| 14 | NVDANVIDIA CORPhistory → | COM | 1.10% | $2M | 8.2K |
| 15 | ESEVERSOURCE ENERGY | COM | 0.76% | $1M | 14.3K |
| 16 | HDHOME DEPOT INC | COM | 0.57% | $875,000 | 2.7K |
| 17 | INVESCO EXCHNG TRADED FD TR | S&P500 LOW VOL | 0.49% | $758,000 | 12.5K |
| 18 | VZVERIZON COMMUNICATIONS INC | COM | 0.47% | $719,000 | 13.3K |
| 19 | DONWISDOMTREE TR | US MIDCAP DIVID | 0.34% | $518,000 | 12.5K |
| 20 | VIGVANGUARD GROUP | DIV APP ETF | 0.32% | $492,000 | 3.2K |
| 21 | DEDEERE & CO | COM | 0.32% | $491,000 | 1.5K |
| 22 | CRWDCROWDSTRIKE HLDGS INC | CL A | 0.31% | $485,000 | 2.0K |
| 23 | MOALTRIA GROUP INC | COM | 0.29% | $447,000 | 9.8K |
| 24 | TAT&T INC | COM | 0.27% | $413,000 | 15.3K |
| 25 | FUTYFIDELITY COVINGTON TR | MSCI UTILS INDEX | 0.26% | $403,000 | 9.8K |
| 26 | CSCOCISCO SYS INC | COM | 0.26% | $398,000 | 7.3K |
| 27 | GOOGALPHABET INC | CAP STK CL C | 0.26% | $394,000 | 148 |
| 28 | ZMZOOM VIDEO COMMUNICATIONS IN | CL A | 0.24% | $373,000 | 1.4K |
| 29 | ARKKARK ETF TR | INNOVATION ETF | 0.23% | $356,000 | 3.2K |
| 30 | RSPINVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | 0.23% | $352,000 | 2.3K |
| 31 | JOHN HANCOCK EXCHANGE TRADED | MLTFACTR MATLS | 0.19% | $288,000 | 6.5K |
| 32 | JNJJOHNSON & JOHNSON | COM | 0.18% | $283,000 | 1.7K |
| 33 | SSOPROSHARES TR | PSHS ULT S&P 500 | 0.18% | $271,000 | 2.3K |
| 34 | PMPHILIP MORRIS INTL INC | COM | 0.18% | $271,000 | 2.9K |
| 35 | CVSCVS HEALTH CORP | COM | 0.17% | $263,000 | 3.1K |
| 36 | GDGENERAL DYNAMICS CORP | COM | 0.17% | $257,000 | 1.3K |
| 37 | AMZNAMAZON COM INC | COM | 0.16% | $253,000 | 77 |
| 38 | EXMOCEXXON MOBIL CORP | COM | 0.16% | $245,000 | 4.2K |
| 39 | VUGVANGUARD INDEX FDS | GROWTH ETF | 0.16% | $243,000 | 835 |
| 40 | SLVISHARES SILVER TRUST | ISHARES | 0.15% | $230,000 | 11.2K |
| 41 | DIASPDR DOW JONES INDL AVRG ETF | UT SER 1 | 0.15% | $225,000 | 665 |
| 42 | RIOTRIOT BLOCKCHAIN INC | COM | 0.14% | $218,000 | 8.5K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $202M | 30 | Apr 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $192M | 30 | Feb 3, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $178M | 26 | Oct 9, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $160M | 27 | Jul 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $152M | 29 | Apr 16, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $160M | 30 | Jan 16, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $158M | 31 | Oct 10, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $132M | 30 | Jul 29, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $123M | 30 | Apr 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $123M | 30 | Jan 24, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $133M | 34 | Oct 23, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $146M | 34 | Jul 18, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $140M | 34 | Apr 24, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $134M | 34 | Jan 27, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $127M | 36 | Oct 25, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $131M | 35 | Aug 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $167M | 67 | Apr 28, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $171M | 71 | Jan 27, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $154M | 68 | Oct 7, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $135M | 70 | Jul 6, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $142M | 71 | Apr 7, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $149M | 239 | Jan 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $140M | 226 | Oct 6, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $132M | 353 | Jul 10, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $114M | 352 | Apr 29, 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 ↗.