SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Granger Management LLC

CIK 0001842881 · 510 MADISON AVENUE, SUITE 2700, NEW YORK, NY, 10022 · 9144716204

Reported Value
$324M
Q3 2022
Positions
27
Filings on Record
23
2019–present window
Filed
Nov 10, 2022
original filing

Summary

Granger Management LLC reported $324M in U.S.-listed holdings across 27 positions for Q3 2022.

The portfolio is heavily concentrated: Ishares Tr alone accounts for 51.8% of reported value.

Compared with Q2 2022, the fund opened 0 new positions and exited 2.

Portfolio Metrics

Turnover
+8.6%
vs prior filed quarter
Top-10 Concentration
+97.4%
share of reported value
Largest Position
+51.8%
Ishares Tr

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

13F Reported Value
Q4 ’20: $794MQ4 ’20Q1 ’21: $648MQ2 ’21: $494MQ3 ’21: $575MQ3 ’21Q4 ’21: $609MQ1 ’22: $380MQ2 ’22: $296MQ2 ’22Q3 ’22: $324MQ4 ’22: $229MQ1 ’23: $227MQ1 ’23Q2 ’23: $243MQ3 ’23: $237MQ4 ’23: $274MQ4 ’23Q1 ’24: $501MQ2 ’24: $600MQ3 ’24: $508MQ3 ’24Q4 ’24: $440MQ1 ’25: $277MQ2 ’25: $268MQ2 ’25Q3 ’25: $343MQ4 ’25: $378MQ1 ’26: $358MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 87.6%Common Stock: 12.0%REIT: 0.3%
  • ETP · 87.6% · $284M
  • Common Stock · 12.0% · $39M
  • REIT · 0.3% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GOOGALPHABET INCADDED+9.4K9.9K−$168,000$950,000
GOOGLALPHABET INCADDED+4.9K5.3K−$236,000$505,000
ACWIISHARES TRADDED+321.4K386.1K+$25M$30M
TSLATESLA INCADDED+1.5K2.2K+$89,000$579,000
SPDR S&P 500 ETF TRADDED+75.2K115.4K+$26M$41M
INVESCO EXCH TRADED FD TR IISOLD OUT−22.0K0−$1M$0
ISHARES TRSOLD OUT−9.8K0−$393,000$0
GSGOLDMAN SACHS GROUP INCTRIMMED−7.6K931−$2M$273,000

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

Holdings — Q3 2022

21 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ACWIISHARES TRCORE US AGGBD ET · RUS 1000 VAL ETF · MSCI ACWI ETF · S&P 500 VAL ETF72.01%$233M2.39M
2SPDR S&P 500 ETF TRTR UNIT12.76%$41M115.4K
3AMZNAMAZON COM INChistory →COM4.48%$15M128.5K
4DKNGDRAFTKINGS INC NEWhistory →COM CL A3.76%$12M804.0K
5NDQINVESCO QQQ TRhistory →UNIT SER 11.85%$6M22.3K
6AAPLAPPLE INChistory →COM1.51%$5M35.3K
7MSFTMICROSOFT CORPCOM0.86%$3M11.9K
8XLESELECT SECTOR SPDR TRENERGY · FINANCIAL · TECHNOLOGY0.48%$2M27.8K
9GOOGALPHABET INCCAP STK CL C · CAP STK CL A0.45%$1M15.2K
10SPGSIMON PPTY GROUP INC NEWCOM0.32%$1M11.5K
11FIRST TR EXCHANGE TRADED FDWTR ETF0.24%$791,00011.0K
12DISDISNEY WALT COCOM0.18%$599,0006.3K
13TSLATESLA INCCOM0.18%$579,0002.2K
14SPDR SER TRS&P BK ETF0.16%$514,00011.6K
15DYHTARGET CORPCOM0.14%$452,0003.0K
16VUGVANGUARD INDEX FDSGROWTH ETF0.14%$451,0002.1K
17SNOWSNOWFLAKE INCCL A0.12%$390,0002.3K
18BACBK OF AMERICA CORPCOM0.11%$363,00012.0K
19DWDMORGAN STANLEYCOM NEW0.11%$345,0004.4K
20GSGOLDMAN SACHS GROUP INCCOM0.08%$273,000931
21BXBLACKSTONE INCCOM0.07%$222,0002.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$358M6May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$378M6Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$343M6Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$268M6Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$277M5May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$440M7Jan 17, 202513F-HRchanges · EDGAR ↗
Q3 2024$508M22Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$600M23Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$501M21May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$274M27Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$237M22Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$243M23Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$227M24May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$229M23Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$324M27Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$296M29Aug 1, 202213F-HRchanges · EDGAR ↗
Q1 2022$380M30Apr 28, 202213F-HRchanges · EDGAR ↗
Q4 2021$609M31Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$575M32Nov 5, 202113F-HRchanges · EDGAR ↗
Q2 2021$494M33Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$648M33Apr 30, 202113F-HRchanges · EDGAR ↗
Q4 2020$794M39Feb 8, 202113F-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 ↗.