Managers / Q1 2022 · view latest →
Sowa Financial Group, Inc.
CIK 0001806226 · 24 ALBION ROAD, SUITE 340, LINCOLN, RI, 02865 · 4014348090
Summary
Sowa Financial Group, Inc. reported $167M in U.S.-listed holdings across 67 positions for Q1 2022.
The portfolio is heavily concentrated: PFF alone accounts for 35.9% of reported value.
Compared with Q4 2021, the fund opened 2 new positions and exited 6.
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 · 69.8% · $116M
- Common Stock · 25.2% · $42M
- REIT · 2.6% · $4M
- Closed-End Fund · 2.3% · $4M
- Other · 0.1% · $204,000
Quarter-over-Quarter Changes full breakdown →
vs Q4 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| LISTED FD TR | NEW | +11.8K | 11.8K | +$392,000 | $392,000 |
| GLDSPDR GOLD TR | NEW | +1.2K | 1.2K | +$211,000 | $211,000 |
| SSOPROSHARES TR | SOLD OUT | −2.3K | 0 | −$332,000 | $0 |
| ARKKARK ETF TR | SOLD OUT | −2.9K | 0 | −$272,000 | $0 |
| ZMZOOM VIDEO COMMUNICATIONS IN | SOLD OUT | −1.4K | 0 | −$262,000 | $0 |
| LOWLOWES COS INC | SOLD OUT | −919 | 0 | −$238,000 | $0 |
| SOXXISHARES TR | SOLD OUT | −400 | 0 | −$217,000 | $0 |
| DIASPDR DOW JONES INDL AVRG ETF | SOLD OUT | −592 | 0 | −$215,000 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | PFFISHARES TR | PFD AND INCM SEC · US HLTHCARE ETF · NORTH AMERN NAT · CORE DIV GRWTH · CORE S&P TTL STK · CORE HIGH DV ETF · U.S. FINLS ETF · NATIONAL MUN ETF · MSCI EAFE ETF · COHEN STEER REIT · RUS MDCP VAL ETF · CORE S&P500 ETF · CORE S&P SCP ETF · MSCI MIN VOL ETF · CORE S&P MCP ETF · U.S. CNSM SV ETF · MSCI EMG MKT ETF · S&P 500 VAL ETF · CORE US AGGBD ET · BARCLAYS 7 10 YR · IBONDS DEC22 ETF | 35.93% | $60M | 893.1K |
| 2 | AAPLAPPLE INChistory → | COM | 12.95% | $22M | 123.7K |
| 3 | IAUISHARES GOLD TRhistory → | ISHARES NEW | 11.70% | $20M | 529.8K |
| 4 | SPYSPDR S&P 500 ETF TRhistory → | TR UNIT | 7.20% | $12M | 26.6K |
| 5 | XLKSELECT SECTOR SPDR TR | TECHNOLOGY · SBI INT-UTILS · SBI INT-FINL · ENERGY · SBI CONS STPLS · SBI CONS DISCR | 4.21% | $7M | 96.2K |
| 6 | DVYEISHARES INChistory → | EM MKTS DIV ETF | 3.48% | $6M | 177.7K |
| 7 | VVISA INChistory → | COM CL A | 2.66% | $4M | 20.0K |
| 8 | PDMPIEDMONT OFFICE REALTY TR INhistory → | COM CL A | 2.57% | $4M | 249.3K |
| 9 | LATTICE STRATEGIES TR | HARTFORD MLT ETF | 2.43% | $4M | 139.1K |
| 10 | XAWFXALLIANCEBERNSTEIN GLOBAL HIGhistory → | COM | 2.32% | $4M | 346.0K |
| 11 | NVDANVIDIA CORPhistory → | COM | 2.13% | $4M | 13.0K |
| 12 | MSFTMICROSOFT CORPhistory → | COM | 1.72% | $3M | 9.3K |
| 13 | QQQINVESCO QQQ TRhistory → | UNIT SER 1 | 1.66% | $3M | 7.6K |
| 14 | DBAINVESCO DB MLTI SECTR CMMTYhistory → | AGRICULTURE FD | 1.22% | $2M | 92.8K |
| 15 | SHOPSHOPIFY INC | CL A | 0.87% | $1M | 2.1K |
| 16 | ESEVERSOURCE ENERGY | COM | 0.77% | $1M | 14.5K |
| 17 | INVESCO EXCHNG TRADED FD TR | S&P500 LOW VOL | 0.50% | $837,000 | 12.5K |
| 18 | HDHOME DEPOT INC | COM | 0.48% | $805,000 | 2.7K |
| 19 | RSPINVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | 0.38% | $636,000 | 4.0K |
| 20 | VZVERIZON COMMUNICATIONS INC | COM | 0.38% | $635,000 | 12.5K |
| 21 | DEDEERE & CO | COM | 0.37% | $612,000 | 1.5K |
| 22 | DONWISDOMTREE TR | US MIDCAP DIVID | 0.33% | $549,000 | 12.4K |
| 23 | MOALTRIA GROUP INC | COM | 0.30% | $495,000 | 9.5K |
| 24 | VIGVANGUARD GROUP | DIV APP ETF | 0.29% | $492,000 | 3.0K |
| 25 | FUTYFIDELITY COVINGTON TR | MSCI UTILS INDEX | 0.28% | $469,000 | 9.8K |
| 26 | GOOGALPHABET INC | CAP STK CL C | 0.25% | $419,000 | 150 |
| 27 | CSCOCISCO SYS INC | COM | 0.25% | $418,000 | 7.5K |
| 28 | LISTED FD TR | HORIZON KINETICS | 0.23% | $392,000 | 11.8K |
| 29 | CRWDCROWDSTRIKE HLDGS INC | CL A | 0.22% | $364,000 | 1.6K |
| 30 | TAT&T INC | COM | 0.21% | $345,000 | 14.6K |
| 31 | JNJJOHNSON & JOHNSON | COM | 0.19% | $313,000 | 1.8K |
| 32 | CVSCVS HEALTH CORP | COM | 0.18% | $308,000 | 3.0K |
| 33 | EXMOCEXXON MOBIL CORP | COM | 0.18% | $300,000 | 3.6K |
| 34 | GDGENERAL DYNAMICS CORP | COM | 0.17% | $282,000 | 1.2K |
| 35 | PMPHILIP MORRIS INTL INC | COM | 0.16% | $265,000 | 2.8K |
| 36 | SLVISHARES SILVER TRUST | ISHARES | 0.15% | $256,000 | 11.2K |
| 37 | VUGVANGUARD INDEX FDS | GROWTH ETF | 0.14% | $241,000 | 837 |
| 38 | AMZNAMAZON COM INC | COM | 0.13% | $225,000 | 69 |
| 39 | BXBLACKSTONE GROUP INC | COM CL A | 0.13% | $222,000 | 1.8K |
| 40 | GLDSPDR GOLD TR | GOLD SHS | 0.13% | $211,000 | 1.2K |
| 41 | JOHN HANCOCK EXCHANGE TRADED | MLTFACTR MATLS | 0.12% | $202,000 | 4.0K |
| 42 | DHYCREDIT SUISSE HIGH YIELD BD | SH BEN INT | 0.02% | $38,000 | 17.4K |
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 ↗.