Managers / Q3 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 $296M in U.S.-listed holdings across 166 positions for Q3 2023.
Its largest position, UBER, represents 11.8% of the portfolio.
Compared with Q2 2023, the fund opened 7 new positions and exited 15.
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 · 55.3% · $164M
- Common Stock · 40.0% · $119M
- Other · 4.5% · $13M
- REIT · 0.2% · $471,618
Quarter-over-Quarter Changes full breakdown →
vs Q2 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | NEW | +4.1K | 4.1K | +$2M | $2M |
| VANECK ETF TRUST | NEW | +14.6K | 14.6K | +$395,753 | $395,753 |
| ROVER GROUP INC | NEW | +58.8K | 58.8K | +$368,295 | $368,295 |
| DBCINVESCO DB COMMDY INDX TRCK | NEW | +10.1K | 10.1K | +$252,071 | $252,071 |
| ADBEADOBE INC | NEW | +423 | 423 | +$215,688 | $215,688 |
| COSTCOSTCO WHSL CORP NEW | NEW | +365 | 365 | +$206,210 | $206,210 |
| J P MORGAN EXCHANGE TRADED F | NEW | +4.0K | 4.0K | +$202,940 | $202,940 |
| PENNPENN ENTERTAINMENT INC | ADDED | +294.8K | 322.6K | +$7M | $7M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | TLHISHARES TR | CORE S&P500 ETF · US TREAS BD ETF · CORE MSCI TOTAL · CORE S&P TTL STK · CORE US AGGBD ET · ISHS 1-5YR INVS · CORE MSCI EAFE · IBONDS DEC2023 · 10+ YR INVST GRD · EAFE VALUE ETF · 10-20 YR TRS ETF · U.S. FIN SVC ETF · 0-5YR HI YL CP · U.S. TECH ETF · CRE U S REIT ETF | 20.17% | $60M | 975.7K |
| 2 | UBERUBER TECHNOLOGIES INChistory → | COM | 11.77% | $35M | 758.9K |
| 3 | SPDR S&P 500 ETF TR | TR UNIT | 9.15% | $27M | 63.4K |
| 4 | MKTXMARKETAXESS HLDGS INChistory → | COM | 8.29% | $25M | 115.0K |
| 5 | VANGUARD MUN BD FDS | TAX EXEMPT BD | 4.04% | $12M | 248.8K |
| 6 | VANGUARD INDEX FDS | TOTAL STK MKT · S&P 500 ETF SHS | 3.93% | $12M | 51.4K |
| 7 | 8QRCONFLUENT INChistory → | CLASS A COM | 3.84% | $11M | 384.7K |
| 8 | PENNPENN ENTERTAINMENT INChistory → | COM | 2.50% | $7M | 322.6K |
| 9 | GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 2.28% | $7M | 80.1K |
| 10 | ELASTIC N V | ORD SHS | 1.98% | $6M | 72.1K |
| 11 | EXCHANGE LISTED FDS TR | ETC GAVEKAL ASIA | 1.66% | $5M | 66.8K |
| 12 | VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 1.57% | $5M | 97.2K |
| 13 | XLESELECT SECTOR SPDR TR | ENERGY · TECHNOLOGY | 1.46% | $4M | 41.5K |
| 14 | JPMJPMORGAN CHASE & COhistory → | COM | 1.39% | $4M | 28.4K |
| 15 | J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM · NASDAQ EQT PREM | 1.29% | $4M | 75.6K |
| 16 | AAPLAPPLE INChistory → | COM | 1.17% | $3M | 20.2K |
| 17 | JANUS DETROIT STR TR | HENDRSON AAA CL | 1.09% | $3M | 64.2K |
| 18 | VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD · INT-TERM CORP | 1.09% | $3M | 42.6K |
| 19 | MSFTMICROSOFT CORPhistory → | COM | 1.04% | $3M | 9.7K |
| 20 | I SHARES U S ETF TR | BLACKROCK SHORT | 0.96% | $3M | 57.3K |
| 21 | NEWREURNEW RELIC INC | COM | 0.92% | $3M | 32.0K |
| 22 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.91% | $3M | 7.5K |
| 23 | VANGUARD BD INDEX FDS | TOTAL BND MRKT | 0.87% | $3M | 37.0K |
| 24 | SPDR SER TR | PORTFOLIO AGRGTE | 0.86% | $3M | 104.8K |
| 25 | SNAPSNAP INC | CL A | 0.86% | $3M | 286.0K |
| 26 | METAMETA PLATFORMS INC | CL A | 0.80% | $2M | 7.9K |
| 27 | GQ9SPDR GOLD TR | GOLD SHS | 0.62% | $2M | 10.7K |
| 28 | ASANASANA INC | CL A | 0.53% | $2M | 86.5K |
| 29 | AMZNAMAZON.COM INC | COM | 0.47% | $1M | 10.9K |
| 30 | AMPLAMPLITUDE INC | COM CL A | 0.44% | $1M | 111.5K |
| 31 | ISHARES INC | CORE MSCI EMKT | 0.39% | $1M | 24.1K |
| 32 | GOOGALPHABET INC | CAP STK CL C | 0.34% | $1M | 7.6K |
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 ↗.