SEC 13F Intelligence

Managers / Q3 2024 · view latest →

Sowa Financial Group, Inc.

CIK 0001806226 · 24 ALBION ROAD, SUITE 340, LINCOLN, RI, 02865 · 4014348090

Reported Value
$158M
Q3 2024
Positions
31
Filings on Record
26
2019–present window
Filed
Oct 10, 2024
original filing

Summary

Sowa Financial Group, Inc. reported $158M in U.S.-listed holdings across 31 positions for Q3 2024.

Its largest position, AAPL, represents 17.2% of the portfolio.

Compared with Q2 2024, the fund opened 2 new positions and exited 1.

Portfolio Metrics

Turnover
+2.7%
vs prior filed quarter
Top-10 Concentration
+90.5%
share of reported value
Largest Position
+17.2%
Apple
New / Exited
2 / 1
positions this quarter

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

13F Reported Value
Q1 ’20: $114MQ1 ’20Q2 ’20: $132MQ3 ’20: $140MQ4 ’20: $149MQ1 ’21: $142MQ1 ’21Q2 ’21: $135MQ3 ’21: $154MQ4 ’21: $171MQ1 ’22: $167MQ1 ’22Q2 ’22: $131MQ3 ’22: $127MQ4 ’22: $134MQ1 ’23: $140MQ1 ’23Q2 ’23: $146MQ3 ’23: $133MQ4 ’23: $123MQ1 ’24: $123MQ1 ’24Q2 ’24: $132MQ3 ’24: $158MQ4 ’24: $160MQ1 ’25: $152MQ1 ’25Q2 ’25: $160MQ3 ’25: $178MQ4 ’25: $192MQ1 ’26: $202MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 71.4%Common Stock: 24.8%Closed-End Fund: 2.8%REIT: 0.9%
  • ETP · 71.4% · $113M
  • Common Stock · 24.8% · $39M
  • Closed-End Fund · 2.8% · $4M
  • REIT · 0.9% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FELVFIDELITY COVINGTON TRUSTNEW+373.8K373.8K+$12M$12M
TAT&T INCNEW+10.4K10.4K+$229,000$229,000
PVALPUTNAM ETF TRUSTADDED+251.5K326.5K+$10M$12M
EPIWISDOMTREE TRADDED+16.6K29.3K+$864,000$1M
RSPINVESCO EXCHANGE TRADED FD TSOLD OUT10.4K0$2M$0
HGERHARBOR ETF TRUSTADDED+18.1K80.2K+$415,000$2M
FBCGFIDELITY COVINGTON TRUSTADDED+66.4K346.1K+$3M$15M
LATTICE STRATEGIES TRTRIMMED14.4K71.5K$192,000$2M

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

Holdings — Q3 2024

22 positions
#IssuerClass% PortfolioValueShares
1AAPLAPPLE INChistory →COM17.25%$27M117.1K
2PFFISHARES TRPFD AND INCM SEC · US HLTHCARE ETF · CORE HIGH DV ETF · CORE DIV GRWTH · CORE S&P TTL STK · NORTH AMERN NAT · MSCI EAFE ETF17.18%$27M469.4K
3FBCGFIDELITY COVINGTON TRUSTBLUE CHIP GRWTH · ENHANCED LARGE16.67%$26M719.9K
4IAUISHARES GOLD TRhistory →ISHARES NEW13.47%$21M429.0K
5PVALPUTNAM ETF TRUSThistory →FOCUSED LAR CAP7.83%$12M326.5K
6SPYSPDR S&P 500 ETF TRhistory →TR UNIT6.76%$11M18.6K
7NVDANVIDIA CORPhistory →COM3.59%$6M46.8K
8XAWFXALLIANCEBERNSTEIN GLOBAL HIGhistory →COM2.80%$4M391.0K
9VVISA INChistory →COM CL A2.69%$4M15.5K
10XLESELECT SECTOR SPDR TRENERGY · SBI INT-UTILS · SBI INT-FINL2.29%$4M52.0K
11DVYEISHARES INChistory →EM MKTS DIV ETF2.07%$3M114.4K
12LATTICE STRATEGIES TRHARTFORD MLT ETF1.38%$2M71.5K
13HGERHARBOR ETF TRUSThistory →HARBOR COMMODITY1.15%$2M80.2K
14DBAINVESCO DB MLTI SECTR CMMTYAGRICULTURE FD0.96%$2M58.1K
15PDMPIEDMONT OFFICE REALTY TR INCOM CL A0.95%$2M148.8K
16EPIWISDOMTREE TRINDIA ERNGS FD0.94%$1M29.3K
17ESEVERSOURCE ENERGYCOM0.47%$740,00010.9K
18FUTYFIDELITY COVINGTON TRMSCI UTILS INDEX0.39%$612,00011.8K
19MOALTRIA GROUP INCCOM0.36%$562,00011.0K
20JPSTJ P MORGAN EXCHANGE TRADED FULTRA SHRT INC0.34%$536,00010.6K
21VZVERIZON COMMUNICATIONS INCCOM0.34%$531,00011.8K
22TAT&T INCCOM0.14%$229,00010.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$202M30Apr 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$192M30Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$178M26Oct 9, 202513F-HRchanges · EDGAR ↗
Q2 2025$160M27Jul 29, 202513F-HRchanges · EDGAR ↗
Q1 2025$152M29Apr 16, 202513F-HRchanges · EDGAR ↗
Q4 2024$160M30Jan 16, 202513F-HRchanges · EDGAR ↗
Q3 2024$158M31Oct 10, 202413F-HRchanges · EDGAR ↗
Q2 2024$132M30Jul 29, 202413F-HRchanges · EDGAR ↗
Q1 2024$123M30Apr 18, 202413F-HRchanges · EDGAR ↗
Q4 2023$123M30Jan 24, 202413F-HRchanges · EDGAR ↗
Q3 2023$133M34Oct 23, 202313F-HRchanges · EDGAR ↗
Q2 2023$146M34Jul 18, 202313F-HRchanges · EDGAR ↗
Q1 2023$140M34Apr 24, 202313F-HRchanges · EDGAR ↗
Q4 2022$134M34Jan 27, 202313F-HRchanges · EDGAR ↗
Q3 2022$127M36Oct 25, 202213F-HRchanges · EDGAR ↗
Q2 2022$131M35Aug 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$167M67Apr 28, 202213F-HRchanges · EDGAR ↗
Q4 2021$171M71Jan 27, 202213F-HRchanges · EDGAR ↗
Q3 2021$154M68Oct 7, 202113F-HRchanges · EDGAR ↗
Q2 2021$135M70Jul 6, 202113F-HRchanges · EDGAR ↗
Q1 2021$142M71Apr 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$149M239Jan 15, 202113F-HRchanges · EDGAR ↗
Q3 2020$140M226Oct 6, 202013F-HRchanges · EDGAR ↗
Q2 2020$132M353Jul 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$114M352Apr 29, 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 ↗.