Managers / Q3 2024
Kowal Investment Group, LLC
CIK 0001846786 · 177775 WEST BLUEMOUND ROAD, BROOKFIELD, WI, 53045 · 262-522-4040
Summary
Kowal Investment Group, LLC reported $544M in U.S.-listed holdings across 200 positions for Q3 2024.
Its largest position, Fidelity Merrimack Str Tr, represents 17.9% of the portfolio.
Compared with Q2 2024, the fund opened 24 new positions and exited 5.
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 · 76.8% · $417M
- Common Stock · 22.3% · $121M
- Other · 0.7% · $4M
- REIT · 0.3% · $1M
- ADR · 0.0% · $101,829
Quarter-over-Quarter Changes full breakdown →
vs Q2 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| J P MORGAN EXCHANGE TRADED F | NEW | +495.5K | 495.5K | +$51M | $51M |
| FIDELITY COMWLTH TR | NEW | +14.0K | 14.0K | +$1M | $1M |
| ISHARES TR | NEW | +6.4K | 6.4K | +$614,400 | $614,400 |
| PLDPROLOGIS INC. | NEW | +4.3K | 4.3K | +$542,365 | $542,365 |
| MANHMANHATTAN ASSOCIATES INC | NEW | +1.9K | 1.9K | +$531,808 | $531,808 |
| ISHARES TR | NEW | +1.4K | 1.4K | +$526,462 | $526,462 |
| PLTRPALANTIR TECHNOLOGIES INC | NEW | +10.3K | 10.3K | +$384,983 | $384,983 |
| DDOGDATADOG INC | NEW | +3.3K | 3.3K | +$380,618 | $380,618 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | FIDELITY MERRIMACK STR TR | TOTAL BD ETF | 17.93% | $97M | 2.09M |
| 2 | J P MORGAN EXCHANGE TRADED F | BETABUILDRS US | 9.44% | $51M | 495.5K |
| 3 | ISHARES TR | NATIONAL MUN ETF · CORE MSCI EAFE · CORE US AGGBD ET · CORE DIV GRWTH · CORE S&P MCP ETF · EAFE GRWTH ETF · CALIF MUN BD ETF · CORE S&P SCP ETF · GLB INFRASTR ETF | 7.13% | $39M | 476.3K |
| 4 | FIRST TR MORNINGSTAR DIVID L | SHS | 6.55% | $36M | 848.7K |
| 5 | FIRST TR NASDAQ 100 TECH IND | SHS | 6.15% | $33M | 174.6K |
| 6 | FIDELITY COVINGTON TRUST | BLUE CHIP GRWTH · MSCI HLTH CARE I | 5.32% | $29M | 659.9K |
| 7 | MDYSPDR S&P MIDCAP 400 ETF TRhistory → | UTSER1 S&PDCRP | 4.52% | $25M | 43.1K |
| 8 | FIRST TR EXCHANGE-TRADED FD | MANAGD MUN ETF · TECH ALPHADEX · CAP STRENGTH ETF | 3.70% | $20M | 277.0K |
| 9 | ZACKS TRUST | EARNGS CONSTANT · SMALL/MID CAP | 3.54% | $19M | 615.3K |
| 10 | SPDR S&P 500 ETF TR | TR UNIT | 2.36% | $13M | 22.3K |
| 11 | AAPLAPPLE INChistory → | COM | 2.11% | $11M | 49.3K |
| 12 | NVDANVIDIA CORPORATIONhistory → | COM | 1.63% | $9M | 73.0K |
| 13 | MSFTMICROSOFT CORPhistory → | COM | 1.43% | $8M | 18.1K |
| 14 | VGSHVANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF · SHORT TERM TREAS · SHRT TRM CORP BD | 1.33% | $7M | 123.8K |
| 15 | FIRST TR LRG CP VL ALPHADEX | COM SHS | 0.72% | $4M | 49.7K |
| 16 | WECWEC ENERGY GROUP INC | COM | 0.71% | $4M | 40.3K |
| 17 | PIMCO ETF TR | ACTIVE BD ETF · INTER MUN BD ACT | 0.70% | $4M | 55.8K |
| 18 | AMZNAMAZON COM INC | COM | 0.67% | $4M | 19.5K |
| 19 | FIRST TR MULTI CAP GROWTH AL | COM SHS | 0.66% | $4M | 26.8K |
| 20 | FIRST TR VALUE LINE DIVID IN | SHS | 0.65% | $4M | 77.6K |
| 21 | ABBVABBVIE INC | COM | 0.59% | $3M | 16.2K |
| 22 | T ROWE PRICE ETF INC | PRICE BLUE CHIP | 0.53% | $3M | 72.7K |
| 23 | GOOGLALPHABET INC | CAP STK CL A | 0.52% | $3M | 17.0K |
| 24 | SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 0.52% | $3M | 96.1K |
| 25 | PGPROCTER AND GAMBLE CO | COM | 0.51% | $3M | 16.1K |
| 26 | METAMETA PLATFORMS INC | CL A | 0.51% | $3M | 4.9K |
| 27 | SPDR SER TR | PORTFOLIO INTRMD | 0.45% | $2M | 72.0K |
| 28 | INVESCO EXCH TRADED FD TR II | S&P500 HDL VOL | 0.44% | $2M | 47.4K |
| 29 | JPMJPMORGAN CHASE & CO. | COM | 0.41% | $2M | 10.5K |
| 30 | AVGOBROADCOM INC | COM | 0.38% | $2M | 11.8K |
| 31 | USBUS BANCORP DEL | COM NEW | 0.36% | $2M | 42.7K |
| 32 | HDHOME DEPOT INC | COM | 0.34% | $2M | 4.5K |
| 33 | CATCATERPILLAR INC | COM | 0.31% | $2M | 4.4K |
| 34 | MCDMCDONALDS CORP | COM | 0.31% | $2M | 5.6K |
| 35 | JNJJOHNSON & JOHNSON | COM | 0.31% | $2M | 10.3K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2024 | $544M | 200 | Oct 16, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $501M | 181 | Aug 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $463M | 178 | Apr 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $429M | 161 | Jan 22, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $371M | 152 | Oct 25, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $374M | 158 | Jul 18, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $353M | 154 | Apr 21, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $335M | 154 | Jan 25, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $295M | 143 | Nov 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $305M | 139 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $328M | 126 | Apr 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $337M | 114 | Feb 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $316M | 1,049 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $278M | 103 | Aug 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $247M | 96 | May 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $215M | 90 | Feb 19, 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 ↗.