SEC 13F Intelligence

Managers / Q2 2023 · view latest →

SYNTAX ADVISORS, LLC

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

Reported Value
$124M
Q2 2023
Positions
213
Filings on Record
8
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Syntax Advisors, LLC reported $124M in U.S.-listed holdings across 213 positions for Q2 2023.

The portfolio is heavily concentrated: Syntax Etf Tr alone accounts for 47.2% of reported value.

Compared with Q1 2023, the fund opened 4 new positions and exited 23.

Portfolio Metrics

Turnover
+1.4%
vs prior filed quarter
Top-10 Concentration
+52.3%
share of reported value
Largest Position
+47.2%
Syntax Etf Tr
New / Exited
4 / 23
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: 51.4%Other: 48.0%REIT: 0.6%
  • Common Stock · 51.4% · $64M
  • Other · 48.0% · $60M
  • REIT · 0.6% · $702,572

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PANWPALO ALTO NETWORKS INCNEW+993993+$253,721$253,721
CITHE CIGNA GROUPNEW+740740+$207,644$207,644
SWKSTANLEY BLACK & DECKER INCNEW+2.2K2.2K+$203,257$203,257
COTYCOTY INCNEW+10.4K10.4K+$127,730$127,730
CMACOMERICA INCADDED+5.9K11.6K+$242,705$493,325
GISGENERAL MLS INCSOLD OUT−2.8K0−$237,237$0
ARISTA NETWORKS INCSOLD OUT−1.4K0−$233,493$0
DISHDISH NETWORK CORPORATIONSOLD OUT−24.2K0−$225,385$0

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

Holdings — Q2 2023

209 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SYNTAX ETF TRSTRATIFD LRG CAP · STRATIFIE MDCP · STRATIFIED SMCP47.25%$59M950.4K
2COSTCOSTCO WHSL CORP NEWCOM0.62%$764,5001.4K
3WMTWALMART INCCOM0.61%$752,5784.8K
4SYYSYSCO CORPCOM0.60%$750,23610.1K
5KRKROGER COCOM0.60%$746,26615.9K
6EXMOCEXXON MOBIL CORPCOM0.59%$733,9126.8K
7CVXCHEVRON CORP NEWCOM0.59%$727,9014.6K
8CVSCVS HEALTH CORPCOM0.51%$627,6319.1K
9WBAWALGREENS BOOTS ALLIANCE INCCOM0.48%$591,42420.8K
10DPZDOMINOS PIZZA INCCOM0.44%$551,3161.6K
11CHTRCHARTER COMMUNICATIONS INC NCL A0.44%$546,2791.5K
12ELLAUDER ESTEE COS INCCL A0.44%$543,5802.8K
13ROSTROSS STORES INCCOM0.43%$531,8334.7K
14AAPLAPPLE INCCOM0.42%$524,8832.7K
15TJXTJX COS INC NEWCOM0.42%$522,8156.2K
16CHDCHURCH & DWIGHT CO INCCOM0.42%$520,6955.2K
17MSIMOTOROLA SOLUTIONS INCCOM NEW0.42%$516,1731.8K
18RLRALPH LAUREN CORPCL A0.41%$514,2844.2K
19MCDMCDONALDS CORPCOM0.41%$509,3861.7K
20YUMYUM BRANDS INCCOM0.41%$508,3403.7K
21VLOVALERO ENERGY CORPCOM0.41%$506,2674.3K
22PGPROCTER AND GAMBLE COCOM0.41%$505,4463.3K
23DRIDARDEN RESTAURANTS INCCOM0.41%$505,0833.0K
24CMCSACOMCAST CORP NEWCL A0.41%$505,08212.2K
25MPCMARATHON PETE CORPCOM0.41%$504,7614.3K
26HPQHP INCCOM0.41%$504,35016.4K
27CMGCHIPOTLE MEXICAN GRILL INCCOM0.41%$502,665235
28KMBKIMBERLY-CLARK CORPCOM0.40%$501,0203.6K
29BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.40%$498,2011.5K
30CLXCLOROX CO DELCOM0.40%$496,8413.1K
31CLCOLGATE PALMOLIVE COCOM0.40%$496,2156.4K
32SBUXSTARBUCKS CORPCOM0.40%$495,3005.0K
33CMACOMERICA INCCOM0.40%$493,32511.6K
34LLOEWS CORPCOM0.39%$489,4698.2K
35GRMNGARMIN LTDSHS0.39%$484,4274.6K
36PSXPHILLIPS 66COM0.38%$472,4175.0K
37METAMETA PLATFORMS INCCL A0.38%$471,2211.6K
38MTCHMATCH GROUP INC NEWCOM0.35%$437,54210.5K
39BBWIBATH & BODY WORKS INCCOM0.35%$434,58711.6K
40ZIONZIONS BANCORPORATION N ACOM0.34%$426,29515.9K
41GOOGALPHABET INCCAP STK CL C · CAP STK CL A0.34%$426,2213.5K
42NRGNRG ENERGY INCCOM NEW0.32%$402,46610.8K
43PWRQUANTA SVCS INCCOM0.32%$394,2752.0K
44BWABORGWARNER INCCOM0.32%$391,2318.0K
45PMPHILIP MORRIS INTL INCCOM0.31%$386,6734.0K
46APTIV PLCSHS0.31%$382,4293.7K
47ADMARCHER DANIELS MIDLAND COCOM0.31%$381,9565.1K
48AESAES CORPCOM0.30%$378,28118.2K
49UHSUNIVERSAL HLTH SVCS INCCL B0.30%$377,0702.4K
50JJACOBS SOLUTIONS INCCOM0.30%$374,9793.2K
51EXCEXELON CORPCOM0.30%$372,6499.1K
52TSNTYSON FOODS INCCL A0.30%$371,7247.3K
53BUNGE LIMITEDCOM0.30%$369,9463.9K
54MOALTRIA GROUP INCCOM0.30%$367,0218.1K
55HCAHCA HEALTHCARE INCCOM0.29%$365,3901.2K
56HRLHORMEL FOODS CORPCOM0.29%$360,6939.0K
57CEGCONSTELLATION ENERGY CORPCOM0.29%$359,8833.9K
58TTWOTAKE-TWO INTERACTIVE SOFTWARCOM0.29%$358,0402.4K
59DLRDIGITAL RLTY TR INCCOM0.29%$356,0713.1K
60ORCLORACLE CORPCOM0.29%$354,1743.0K
61TYLTYLER TECHNOLOGIES INCCOM0.28%$347,752835
62EQIXEQUINIX INCCOM0.28%$346,501442
63TMUST-MOBILE US INCCOM0.28%$344,8892.5K
64BKRBAKER HUGHES COMPANYCL A0.28%$343,53710.9K
65VZVERIZON COMMUNICATIONS INCCOM0.28%$341,9999.2K
66ACTIVISION BLIZZARD INCCOM0.28%$341,5844.1K
67NOWSERVICENOW INCCOM0.27%$341,116607
68NKENIKE INCCL B0.27%$340,1603.1K
69MSFTMICROSOFT CORPCOM0.27%$339,178996
70SLBSCHLUMBERGER LTDCOM STK0.27%$337,0126.9K
71EAELECTRONIC ARTS INCCOM0.27%$335,6642.6K
72CDNSCADENCE DESIGN SYSTEM INCCOM0.27%$334,4261.4K
73DISCOVER FINL SVCSCOM0.27%$333,6072.9K
74HALHALLIBURTON COCOM0.27%$332,96810.1K
75VRSNVERISIGN INCCOM0.27%$332,8541.5K
76NINISOURCE INCCOM0.27%$328,99312.0K
77SYFSYNCHRONY FINANCIALCOM0.26%$328,6519.7K
78TPRTAPESTRY INCCOM0.26%$327,1637.6K
79VFCV F CORPCOM0.26%$326,01917.1K
80TAT&T INCCOM0.26%$325,92220.4K
81SNPSSYNOPSYS INCCOM0.26%$324,380745
82ATOATMOS ENERGY CORPCOM0.26%$322,8432.8K
83IBMINTERNATIONAL BUSINESS MACHSCOM0.26%$322,7502.4K
84COFCAPITAL ONE FINL CORPCOM0.26%$320,4542.9K
85CRMSALESFORCE INCCOM0.26%$320,2701.5K
86AWKAMERICAN WTR WKS CO INC NEWCOM0.26%$316,7622.2K
87AKAMAKAMAI TECHNOLOGIES INCCOM0.26%$316,6123.5K
88NVRNVR INCCOM0.23%$285,77845
89MOHMOLINA HEALTHCARE INCCOM0.22%$277,442921
90NUENUCOR CORPCOM0.22%$275,3221.7K
91ULTAULTA BEAUTY INCCOM0.22%$272,004578
92FFORD MTR CO DELCOM0.22%$269,49617.8K
93STLDSTEEL DYNAMICS INCCOM0.22%$268,9482.5K
94LENLENNAR CORPCL A0.22%$268,2892.1K
95NTAPNETAPP INCCOM0.22%$268,0113.5K
96BBYBEST BUY INCCOM0.21%$266,0103.2K
97RJFRAYMOND JAMES FINL INCCOM0.21%$265,5472.6K
98LOWLOWES COS INCCOM0.21%$264,0691.2K
99PHMPULTE GROUP INCCOM0.21%$263,9573.4K
100TSLATESLA INCCOM0.21%$263,0791.0K

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 ↗.