Managers / Q1 2023 · view latest →
Source Financial Advisors LLC
CIK 0001830954 · 545 FIFTH AVENUE, SUITE 1108, NEW YORK, NY, 10017 · 2122730406
Summary
Source Financial Advisors LLC reported $298M in U.S.-listed holdings across 164 positions for Q1 2023.
Its largest position, MKTX, represents 15.1% of the portfolio.
Compared with Q4 2022, the fund opened 15 new positions and exited 10.
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. 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 · 54.6% · $163M
- Common Stock · 41.9% · $125M
- Other · 3.3% · $10M
- REIT · 0.2% · $542,731
Quarter-over-Quarter Changes full breakdown →
vs Q4 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | NEW | +46.9K | 46.9K | +$2M | $2M |
| VANGUARD CHARLOTTE FDS | NEW | +40.2K | 40.2K | +$2M | $2M |
| VANECK ETF TRUST | NEW | +29.6K | 29.6K | +$947,079 | $947,079 |
| ISHARES TR | NEW | +6.4K | 6.4K | +$706,875 | $706,875 |
| JANUS DETROIT STR TR | NEW | +12.4K | 12.4K | +$611,548 | $611,548 |
| EUFNISHARES TR | NEW | +22.4K | 22.4K | +$418,543 | $418,543 |
| NVDANVIDIA CORPORATION | NEW | +1.4K | 1.4K | +$384,615 | $384,615 |
| TSLATESLA INC | NEW | +1.6K | 1.6K | +$323,638 | $323,638 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | TLHISHARES TR | CORE S&P500 ETF · US TREAS BD ETF · CORE S&P TTL STK · CORE MSCI TOTAL · 0-5YR HI YL CP · CORE US AGGBD ET · CORE MSCI EAFE · ISHS 1-5YR INVS · 10-20 YR TRS ETF · EAFE VALUE ETF · CORE S&P SCP ETF · U.S. FIN SVC ETF · U.S. TECH ETF · 20 YR TR BD ETF · CRE U S REIT ETF · MBS ETF | 22.13% | $66M | 1.10M |
| 2 | MKTXMARKETAXESS HLDGS INChistory → | COM | 15.08% | $45M | 115.0K |
| 3 | UBERUBER TECHNOLOGIES INChistory → | COM | 10.90% | $33M | 1.03M |
| 4 | SPDR S&P 500 ETF TR | TR UNIT | 7.58% | $23M | 55.3K |
| 5 | VANGUARD INDEX FDS | TOTAL STK MKT | 3.68% | $11M | 53.8K |
| 6 | VANGUARD MUN BD FDS | TAX EXEMPT BD | 3.48% | $10M | 205.1K |
| 7 | 8QRCONFLUENT INChistory → | CLASS A COM | 2.82% | $8M | 349.5K |
| 8 | GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 2.46% | $7M | 90.5K |
| 9 | XLESELECT SECTOR SPDR TR | ENERGY · SBI CONS STPLS · TECHNOLOGY · SBI HEALTHCARE | 2.27% | $7M | 71.1K |
| 10 | EXCHANGE LISTED FDS TR | ETC GAVEKAL ASIA | 1.66% | $5M | 63.8K |
| 11 | JPMJPMORGAN CHASE & COhistory → | COM | 1.55% | $5M | 35.6K |
| 12 | ELASTIC N V | ORD SHS | 1.46% | $4M | 75.2K |
| 13 | VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD · INT-TERM CORP | 1.26% | $4M | 48.2K |
| 14 | I SHARES U S ETF TR | BLACKROCK SHORT | 1.22% | $4M | 73.1K |
| 15 | SPDR SER TR | PORTFOLIO AGRGTE · PORTOLIO SHORT | 1.10% | $3M | 122.8K |
| 16 | SNAPSNAP INChistory → | CL A | 1.07% | $3M | 286.0K |
| 17 | AAPLAPPLE INChistory → | Stock | 1.07% | $3M | 19.4K |
| 18 | MSFTMICROSOFT CORP | COM | 0.90% | $3M | 9.3K |
| 19 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.83% | $2M | 7.7K |
| 20 | NEWREURNEW RELIC INC | COM | 0.81% | $2M | 32.0K |
| 21 | VANGUARD BD INDEX FDS | TOTAL BND MRKT | 0.71% | $2M | 28.6K |
| 22 | VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 0.66% | $2M | 40.2K |
| 23 | METAMETA PLATFORMS INC | CL A | 0.63% | $2M | 8.8K |
| 24 | ASANASANA INC | CL A | 0.61% | $2M | 86.5K |
| 25 | SSGA ACTIVE ETF TR | BLACKSTONE SENR | 0.57% | $2M | 41.2K |
| 26 | J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 0.57% | $2M | 31.2K |
| 27 | AMPLAMPLITUDE INC | COM CL A | 0.46% | $1M | 111.5K |
| 28 | AMZNAMAZON.COM INC | COM | 0.36% | $1M | 10.5K |
| 29 | ISHARES INC | CORE MSCI EMKT | 0.36% | $1M | 21.7K |
| 30 | VANECK ETF TRUST | MRNGSTR INT MOAT | 0.32% | $947,079 | 29.6K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2024 | $338M | 167 | Nov 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $325M | 161 | Jul 17, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $329M | 167 | May 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $322M | 167 | Jan 11, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $296M | 166 | Oct 26, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $305M | 177 | Jul 24, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $298M | 164 | Apr 20, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $266M | 157 | Jan 31, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $253M | 146 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $255M | 148 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $340M | 149 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $371M | 141 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $385M | 147 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $388M | 148 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $375M | 148 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $370M | 109 | Feb 16, 2021 | 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 ↗.