Managers / Q2 2024 · view latest →
Sowa Financial Group, Inc.
CIK 0001806226 · 24 ALBION ROAD, SUITE 340, LINCOLN, RI, 02865 · 4014348090
Summary
Sowa Financial Group, Inc. reported $132M in U.S.-listed holdings across 30 positions for Q2 2024.
The portfolio is heavily concentrated: PFF alone accounts for 21.2% of reported value.
Compared with Q1 2024, the fund opened 6 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 · 67.8% · $90M
- Common Stock · 27.9% · $37M
- Closed-End Fund · 3.4% · $4M
- REIT · 0.9% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| FBCGFIDELITY COVINGTON TRUST | NEW | +279.7K | 279.7K | +$12M | $12M |
| NVDANVIDIA CORP | NEW | +48.0K | 48.0K | +$6M | $6M |
| PVALPUTNAM ETF TRUST | NEW | +75.0K | 75.0K | +$3M | $3M |
| HGERHARBOR ETF TRUST | NEW | +62.1K | 62.1K | +$1M | $1M |
| EPIWISDOMTREE TR | NEW | +12.8K | 12.8K | +$616,000 | $616,000 |
| FUTYFIDELITY COVINGTON TR | NEW | +11.8K | 11.8K | +$519,000 | $519,000 |
| IYHISHARES TR | ADDED | +78.2K | 108.9K | −$2M | $7M |
| IWSISHARES TR | SOLD OUT | −10.4K | 0 | −$1M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | PFFISHARES TR | PFD AND INCM SEC · US HLTHCARE ETF · CORE HIGH DV ETF · CORE DIV GRWTH · CORE S&P TTL STK · NORTH AMERN NAT · MSCI EAFE ETF | 21.22% | $28M | 514.0K |
| 2 | AAPLAPPLE INChistory → | COM | 19.07% | $25M | 119.6K |
| 3 | IAUISHARES GOLD TRhistory → | ISHARES NEW | 15.03% | $20M | 451.7K |
| 4 | FBCGFIDELITY COVINGTON TRUSThistory → | BLUE CHIP GRWTH | 8.99% | $12M | 279.7K |
| 5 | SPYSPDR S&P 500 ETF TRhistory → | TR UNIT | 8.40% | $11M | 20.4K |
| 6 | NVDANVIDIA CORPhistory → | COM | 4.49% | $6M | 48.0K |
| 7 | XAWFXALLIANCEBERNSTEIN GLOBAL HIGhistory → | COM | 3.39% | $4M | 426.7K |
| 8 | VVISA INChistory → | COM CL A | 3.13% | $4M | 15.8K |
| 9 | XLESELECT SECTOR SPDR TR | ENERGY · SBI INT-UTILS · SBI INT-FINL | 2.83% | $4M | 57.4K |
| 10 | DVYEISHARES INChistory → | EM MKTS DIV ETF | 2.64% | $3M | 128.4K |
| 11 | PVALPUTNAM ETF TRUSThistory → | FOCUSED LAR CAP | 2.06% | $3M | 75.0K |
| 12 | LATTICE STRATEGIES TR | HARTFORD MLT ETF | 1.80% | $2M | 85.9K |
| 13 | RSPINVESCO EXCHANGE TRADED FD Thistory → | S&P500 EQL WGT | 1.30% | $2M | 10.4K |
| 14 | DBAINVESCO DB MLTI SECTR CMMTYhistory → | AGRICULTURE FD | 1.18% | $2M | 65.2K |
| 15 | HGERHARBOR ETF TRUSThistory → | HARBOR COMMODITY | 1.06% | $1M | 62.1K |
| 16 | PDMPIEDMONT OFFICE REALTY TR IN | COM CL A | 0.94% | $1M | 171.3K |
| 17 | ESEVERSOURCE ENERGY | COM | 0.47% | $627,000 | 11.1K |
| 18 | EPIWISDOMTREE TR | INDIA ERNGS FD | 0.47% | $616,000 | 12.8K |
| 19 | JPSTJ P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 0.41% | $547,000 | 10.8K |
| 20 | FUTYFIDELITY COVINGTON TR | MSCI UTILS INDEX | 0.39% | $519,000 | 11.8K |
| 21 | MOALTRIA GROUP INC | COM | 0.38% | $497,000 | 10.9K |
| 22 | VZVERIZON COMMUNICATIONS INC | COM | 0.37% | $492,000 | 11.9K |
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 ↗.