Managers / Q4 2023 · view latest →
NSI Retail Advisors, LLC
CIK 0001866574 · 2000 ERICSSON DRIVE, SUITE 100, WARRENDALE, PA, 15086-6507 · 412-566-1234
Summary
Nsi Retail Advisors, LLC reported $619M in U.S.-listed holdings across 48 positions for Q4 2023.
The portfolio is heavily concentrated: VTV alone accounts for 22.9% of reported value.
Compared with Q3 2023, the fund opened 11 new positions and exited 4.
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, 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
Portfolio Composition
- ETP · 85.5% · $529M
- Open-End Fund · 12.1% · $75M
- Other · 1.3% · $8M
- Common Stock · 1.1% · $7M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| XBISPDR S&P BIOTECH | NEW | +316.3K | 316.3K | +$28M | $28M |
| IWOISHARES | NEW | +104.0K | 104.0K | +$26M | $26M |
| IWPISHARES | NEW | +249.0K | 249.0K | +$26M | $26M |
| XLFSELECT SECTOR SPDR | NEW | +688.9K | 688.9K | +$26M | $26M |
| IWVISHARES | NEW | +93.4K | 93.4K | +$26M | $26M |
| EZUISHARES INC | NEW | +531.5K | 531.5K | +$25M | $25M |
| MUBISHARES TR | NEW | +229.5K | 229.5K | +$25M | $25M |
| SPDWS&P WRLD EX US | NEW | +263.3K | 263.3K | +$9M | $9M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VTVVANGUARD INDEX TR | VALUE · GROWTH | 22.90% | $142M | 725.4K |
| 2 | IWOISHARES | RUS 2000 GRW ETF · RUS MD CP GR ETF · RUSSELL 3000 ETF · MSCI EUROZONE · RUSSELL 2000 ETF | 17.00% | $105M | 988.9K |
| 3 | QQQINVESCO QQQ TRhistory → | QQQ TRUST SERIES 1 | 13.59% | $84M | 205.5K |
| 4 | ORSIXNORTH SQ INVSTMNTS T | DYNAMIC SMCP I · ADVSY RSCH ACP I · OAK RIDGE DICP I | 13.39% | $83M | 6.34M |
| 5 | SPYSPDR S&P 500 ETF TRhistory → | UNITS SER 1 S&P | 12.76% | $79M | 161.3K |
| 6 | MUBISHARES TR | NATL AMT FREE MUNI B · MBS FIXED BDFD · CORE DIV GRWTH · BROAD USD HIGH | 4.58% | $28M | 282.8K |
| 7 | XBISPDR S&P BIOTECHhistory → | SPDR SERIES TRUST | 4.56% | $28M | 316.3K |
| 8 | XLFSELECT SECTOR SPDRhistory → | AMEX FINANCIAL INDEX | 4.18% | $26M | 688.9K |
| 9 | SPYMSPDR SERIES TRUST | SPDR PRT S&P 500 ETF · PORTFOLIO INTERMEDIA · PORTFOLIO SHORT TERM · PORTFOLIO LONG TERM | 3.23% | $20M | 457.7K |
| 10 | SPDWS&P WRLD EX UShistory → | DVLP WORLD EX-US ETF | 1.45% | $9M | 263.3K |
| 11 | ETF S&P EMRG MKTS | PRTFLIO EMER MARKETS | 0.48% | $3M | 84.0K |
| 12 | SPDR SER TR | SPDR S&P 600 SMLCAP | 0.29% | $2M | 42.1K |
| 13 | VIGVANGUARD SPECIALIZED | DIV APPRECIATION | 0.16% | $1M | 5.9K |
| 14 | ANGLVANECK ETF TR | FALLEN ANGEL HIGH YL | 0.16% | $999,000 | 34.7K |
| 15 | SCHDSCHWAB STRATEGIC T | US DIVIDEND EQUTY ET | 0.15% | $927,000 | 12.2K |
| 16 | AAPLAPPLE INC | COMMON | 0.13% | $802,000 | 4.2K |
| 17 | MSFTMICROSOFT CORP | COMMON | 0.12% | $753,000 | 2.0K |
| 18 | WMWASTE MANAGEMENT INC | COMMON | 0.08% | $469,000 | 2.6K |
| 19 | AFLAFLAC INC | COMMON | 0.08% | $466,000 | 5.6K |
| 20 | LLYLILLY ELI & CO | COMMON | 0.07% | $441,000 | 757 |
| 21 | MCDMCDONALDS CORP | COMMON | 0.07% | $431,000 | 1.5K |
| 22 | WMTWALMART INC | COMMON | 0.07% | $412,000 | 2.6K |
| 23 | SOSOUTHERN CO | COMMON | 0.06% | $402,000 | 5.7K |
| 24 | GWWGRAINGER W W INC | COMMON | 0.06% | $378,000 | 456 |
| 25 | MRKMERCK & CO INC | COMMON | 0.06% | $369,000 | 3.4K |
| 26 | PGPROCTER AND GAMBLE | COM | 0.05% | $307,000 | 2.1K |
| 27 | HDHOME DEPOT INC | COMMON | 0.05% | $286,000 | 825 |
| 28 | ABTABBOTT LABS | COMMON | 0.04% | $218,000 | 2.0K |
| 29 | ITWILLINOIS TOOL WORKS | COMMON | 0.04% | $218,000 | 833 |
| 30 | LHXL3HARRIS TECHNOLOGIE | USD1 | 0.03% | $213,000 | 1.0K |
| 31 | TFCTRUIST FINANCIAL COR | COM USD5 | 0.03% | $210,000 | 5.7K |
| 32 | SYYSYSCO CORP | COMMON | 0.03% | $206,000 | 2.8K |
| 33 | JNJJOHNSON & JOHNSON | COMMON | 0.03% | $203,000 | 1.3K |
| 34 | DDOMINION ENERGY INC | COMMON | 0.02% | $104,000 | 2.2K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2024 | $629M | 19 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $672M | 22 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $573M | 39 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $669M | 43 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $619M | 48 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $472M | 41 | Nov 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $597M | 52 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $466M | 47 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $429M | 43 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $338M | 38 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $447M | 42 | Aug 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $674M | 49 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $622M | 49 | Feb 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $580M | 49 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $708M | 53 | Aug 16, 2021 | RESTATEMENT | 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 ↗.