SEC 13F Intelligence

Managers / Q4 2022 · view latest →

SYNTAX ADVISORS, LLC

CIK 0001858294 · ONE LIBERTY PLAZA, 46TH FLOOR, NEW YORK, NY, 10006 · (212) 880-0200

Reported Value
$120M
Q4 2022
Positions
213
Filings on Record
8
2019–present window
Filed
Feb 14, 2023
original filing

Summary

Syntax Advisors, LLC reported $120M in U.S.-listed holdings across 213 positions for Q4 2022.

The portfolio is heavily concentrated: Syntax Etf Tr alone accounts for 46.1% of reported value.

Compared with Q3 2022, the fund opened 20 new positions and exited 21.

Portfolio Metrics

Turnover
+4.1%
vs prior filed quarter
Top-10 Concentration
+51.4%
share of reported value
Largest Position
+46.1%
Syntax Etf Tr
New / Exited
20 / 21
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
Q4 ’21: $136MQ4 ’21Q1 ’22: $119MQ1 ’22Q2 ’22: $119MQ2 ’22Q3 ’22: $117MQ3 ’22Q4 ’22: $120MQ4 ’22Q1 ’23: $132MQ1 ’23Q2 ’23: $124MQ2 ’23Q3 ’23: $114MQ3 ’23filingsflow.com

Portfolio Composition

By security type
Common Stock: 53.1%Other: 46.4%REIT: 0.5%
  • Common Stock · 53.1% · $64M
  • Other · 46.4% · $56M
  • REIT · 0.5% · $655,176

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NOWSERVICENOW INCNEW+871871+$338,183$338,183
IBMINTERNATIONAL BUSINESS MACHSNEW+2.3K2.3K+$328,415$328,415
TRGPTARGA RES CORPNEW+3.7K3.7K+$274,155$274,155
CATALENT INCNEW+5.5K5.5K+$246,925$246,925
BKNGBOOKING HOLDINGS INCNEW+108108+$217,650$217,650
SVB FINANCIAL GROUPNEW+942942+$216,792$216,792
FRCBFIRST REP BK SAN FRANCISCO CNEW+1.8K1.8K+$216,111$216,111
ZIONZIONS BANCORPORATION N ANEW+4.3K4.3K+$212,322$212,322

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

Holdings — Q4 2022

208 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SYNTAX ETF TRSTRATIFD LRG CAP · STRATIFIE MDCP · STRATIFIED SMCP46.06%$55M964.4K
2CVXCHEVRON CORP NEWCOM0.68%$820,9874.6K
3EXMOCEXXON MOBIL CORPCOM0.68%$818,9777.4K
4WMTWALMART INCCOM0.63%$751,3455.3K
5KRKROGER COCOM0.62%$740,74116.6K
6COSTCOSTCO WHSL CORP NEWCOM0.61%$728,1171.6K
7SYYSYSCO CORPCOM0.60%$716,1079.4K
8WBAWALGREENS BOOTS ALLIANCE INCCOM0.53%$632,31816.9K
9CVSCVS HEALTH CORPCOM0.52%$628,1016.7K
10VLOVALERO ENERGY CORPCOM0.47%$567,5724.5K
11MPCMARATHON PETE CORPCOM0.46%$555,9954.8K
12PSXPHILLIPS 66COM0.45%$544,4425.2K
13ELLAUDER ESTEE COS INCCL A0.44%$532,9402.1K
14LLOEWS CORPCOM0.44%$529,6369.1K
15TJXTJX COS INC NEWCOM0.44%$522,4946.6K
16CLCOLGATE PALMOLIVE COCOM0.43%$520,4086.6K
17BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.43%$518,9521.7K
18ROSTROSS STORES INCCOM0.43%$517,3244.5K
19CHDCHURCH & DWIGHT CO INCCOM0.43%$517,1946.4K
20ADMARCHER DANIELS MIDLAND COCOM0.43%$516,1535.6K
21YUMYUM BRANDS INCCOM0.43%$514,7544.0K
22PGPROCTER AND GAMBLE COCOM0.43%$514,3953.4K
23KMBKIMBERLY-CLARK CORPCOM0.43%$512,8633.8K
24BBWIBATH & BODY WORKS INCCOM0.43%$510,31512.1K
25RLRALPH LAUREN CORPCL A0.42%$505,3144.8K
26TSNTYSON FOODS INCCL A0.42%$502,6698.1K
27SBUXSTARBUCKS CORPCOM0.42%$498,7785.0K
28HRLHORMEL FOODS CORPCOM0.42%$498,59010.9K
29GRMNGARMIN LTDSHS0.41%$497,8125.4K
30DRIDARDEN RESTAURANTS INCCOM0.41%$497,5733.6K
31MSIMOTOROLA SOLUTIONS INCCOM NEW0.41%$497,3801.9K
32MCDMCDONALDS CORPCOM0.41%$496,7541.9K
33DPZDOMINOS PIZZA INCCOM0.41%$490,1561.4K
34HPQHP INCCOM0.41%$488,06718.2K
35CLXCLOROX CO DELCOM0.40%$484,2793.5K
36METAMETA PLATFORMS INCCL A0.39%$474,0193.9K
37AAPLAPPLE INCCOM0.39%$467,8783.6K
38CMGCHIPOTLE MEXICAN GRILL INCCOM0.39%$466,197336
39MTCHMATCH GROUP INC NEWCOM0.36%$436,01810.5K
40GOOGALPHABET INCCAP STK CL C · CAP STK CL A0.36%$434,6114.9K
41HALHALLIBURTON COCOM0.34%$406,09210.3K
42EXCEXELON CORPCOM0.34%$402,8609.3K
43SLBSCHLUMBERGER LTDCOM STK0.32%$388,8687.3K
44AESAES CORPCOM0.32%$387,82913.5K
45APTIV PLCSHS0.32%$384,3484.1K
46PMPHILIP MORRIS INTL INCCOM0.32%$382,7763.8K
47BWABORGWARNER INCCOM0.32%$382,5769.5K
48JJACOBS SOLUTIONS INCCOM0.32%$380,2623.2K
49NRGNRG ENERGY INCCOM NEW0.31%$377,86211.9K
50UHSUNIVERSAL HLTH SVCS INCCL B0.31%$377,1632.7K
51MOALTRIA GROUP INCCOM0.31%$376,9258.2K
52BKRBAKER HUGHES COMPANYCL A0.31%$372,93412.6K
53CEGCONSTELLATION ENERGY CORPCOM0.31%$371,0484.3K
54PWRQUANTA SVCS INCCOM0.31%$369,7872.6K
55NKENIKE INCCL B0.30%$365,6563.1K
56TPRTAPESTRY INCCOM0.30%$357,7249.4K
57VRSNVERISIGN INCCOM0.30%$355,2061.7K
58ORCLORACLE CORPCOM0.29%$350,7464.3K
59TTWOTAKE-TWO INTERACTIVE SOFTWARCOM0.29%$348,7313.3K
60NEMNEWMONT CORPCOM0.29%$348,4307.4K
61ACTIVISION BLIZZARD INCCOM0.29%$348,1494.5K
62CRMSALESFORCE INCCOM0.29%$346,8552.6K
63HCAHCA HEALTHCARE INCCOM0.29%$345,5421.4K
64NINISOURCE INCCOM0.29%$342,58512.5K
65TYLTYLER TECHNOLOGIES INCCOM0.28%$342,0771.1K
66CMCSACOMCAST CORP NEWCL A0.28%$339,8039.7K
67NOWSERVICENOW INCCOM0.28%$338,183871
68COFCAPITAL ONE FINL CORPCOM0.28%$336,8873.6K
69VFCV F CORPCOM0.28%$336,31712.2K
70CDNSCADENCE DESIGN SYSTEM INCCOM0.28%$335,7382.1K
71EAELECTRONIC ARTS INCCOM0.28%$335,6282.7K
72FCXFREEPORT-MCMORAN INCCL B0.28%$335,0468.8K
73MSFTMICROSOFT CORPCOM0.28%$335,0291.4K
74SNPSSYNOPSYS INCCOM0.28%$334,6161.0K
75AWKAMERICAN WTR WKS CO INC NEWCOM0.28%$334,2572.2K
76EQIXEQUINIX INCCOM0.28%$333,410509
77LUMNLUMEN TECHNOLOGIES INCCOM0.27%$329,10063.0K
78IBMINTERNATIONAL BUSINESS MACHSCOM0.27%$328,4152.3K
79ATOATMOS ENERGY CORPCOM0.27%$325,9002.9K
80DISCOVER FINL SVCSCOM0.27%$325,2853.3K
81AKAMAKAMAI TECHNOLOGIES INCCOM0.27%$324,0493.8K
82GENGEN DIGITAL INCCOM0.27%$323,22915.1K
83DLRDIGITAL RLTY TR INCCOM0.27%$321,7663.2K
84FTNTFORTINET INCCOM0.27%$321,7456.6K
85SYFSYNCHRONY FINANCIALCOM0.27%$321,3719.8K
86CHTRCHARTER COMMUNICATIONS INC NCL A0.26%$306,546904
87NUENUCOR CORPCOM0.25%$304,4812.3K
88TRGPTARGA RES CORPCOM0.23%$274,1553.7K
89VZVERIZON COMMUNICATIONS INCCOM0.23%$271,1906.9K
90UNHUNITEDHEALTH GROUP INCCOM0.23%$270,922511
91DDOMINION ENERGY INCCOM0.23%$270,5444.4K
92ELVELEVANCE HEALTH INCCOM0.22%$269,309525
93DHID R HORTON INCCOM0.22%$268,2223.0K
94SCHWSCHWAB CHARLES CORPCOM0.22%$267,5983.2K
95KMIKINDER MORGAN INC DELCOM0.22%$265,99314.7K
96PHMPULTE GROUP INCCOM0.22%$265,8955.8K
97MOHMOLINA HEALTHCARE INCCOM0.22%$265,827805
98OKEONEOK INC NEWCOM0.22%$265,2314.0K
99PEGPUBLIC SVC ENTERPRISE GRP INCOM0.22%$263,8294.3K
100HUMHUMANA INCCOM0.22%$262,753513

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$114M195Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$124M213Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$132M232May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$120M213Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$117M214Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$119M216Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$119M221May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$136M238Feb 14, 202213F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Vantage Consulting Group, Inc.

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 ↗.