Managers / Q1 2024 · 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 $669M in U.S.-listed holdings across 43 positions for Q1 2024.
Its largest position, IWP, represents 19.6% of the portfolio.
Compared with Q4 2023, the fund opened 2 new positions and exited 7.
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 · 87.2% · $584M
- Open-End Fund · 12.0% · $80M
- Common Stock · 0.8% · $5M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SMHVANECK ETF TR | NEW | +126.2K | 126.2K | +$28M | $28M |
| EFGISHARES | NEW | +128.1K | 128.1K | +$13M | $13M |
| IWMISHARES | ADDED | +18.4K | 29.4K | +$4M | $6M |
| WMTWALMART INC | ADDED | +3.5K | 6.1K | −$43,000 | $369,000 |
| NORTH SQ INVSTMNTS T | SOLD OUT | −707.8K | 0 | −$8M | $0 |
| MBBISHARES TR | SOLD OUT | −21.3K | 0 | −$2M | $0 |
| ITWILLINOIS TOOL WORKS | SOLD OUT | −833 | 0 | −$218,000 | $0 |
| LHXL3HARRIS TECHNOLOGIE | SOLD OUT | −1.0K | 0 | −$213,000 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | IWPISHARES | RUS MD CP GR ETF · RUS 2000 GRW ETF · RUSSELL 3000 ETF · MSCI EUROZONE · EAFE GRWTH ETF · RUSSELL 2000 ETF | 19.62% | $131M | 1.14M |
| 2 | VUGVANGUARD INDEX TR | GROWTH · VALUE | 19.27% | $129M | 561.3K |
| 3 | QQQINVESCO QQQ TRhistory → | QQQ TRUST SERIES 1 | 13.32% | $89M | 200.7K |
| 4 | SPYSPDR S&P 500 ETF TRhistory → | UNITS SER 1 S&P | 12.27% | $82M | 156.8K |
| 5 | ORSIXNORTH SQ INVSTMNTS T | DYNAMIC SMCP I · ADVSY RSCH ACP I | 11.97% | $80M | 5.73M |
| 6 | XBISPDR S&P BIOTECHhistory → | SPDR SERIES TRUST | 4.49% | $30M | 316.3K |
| 7 | SMHVANECK ETF TR | SEMICONDUCTOR ETF · FALLEN ANGEL HIGH YL | 4.38% | $29M | 158.1K |
| 8 | XLFSELECT SECTOR SPDRhistory → | AMEX FINANCIAL INDEX | 4.34% | $29M | 688.9K |
| 9 | MUBISHARES TR | NATL AMT FREE MUNI B · CORE DIV GRWTH · BROAD USD HIGH | 3.89% | $26M | 257.4K |
| 10 | SPYMSPDR SERIES TRUST | SPDR PRT S&P 500 ETF · PORTFOLIO INTERMEDIA · PORTFOLIO SHORT TERM · PORTFOLIO LONG TERM | 3.04% | $20M | 433.6K |
| 11 | SPDWS&P WRLD EX UShistory → | DVLP WORLD EX-US ETF | 1.28% | $9M | 239.2K |
| 12 | ETF S&P EMRG MKTS | PRTFLIO EMER MARKETS | 0.43% | $3M | 79.4K |
| 13 | SPDR SER TR | SPDR S&P 600 SMLCAP | 0.26% | $2M | 40.1K |
| 14 | VIGVANGUARD SPECIALIZED | DIV APPRECIATION | 0.13% | $883,000 | 4.8K |
| 15 | SCHDSCHWAB STRATEGIC T | US DIVIDEND EQUTY ET | 0.13% | $837,000 | 10.4K |
| 16 | MSFTMICROSOFT CORP | COMMON | 0.11% | $716,000 | 1.7K |
| 17 | AAPLAPPLE INC | COMMON | 0.08% | $543,000 | 3.2K |
| 18 | GWWGRAINGER W W INC | COMMON | 0.07% | $464,000 | 456 |
| 19 | LLYLILLY ELI & CO | COMMON | 0.06% | $433,000 | 557 |
| 20 | WMWASTE MANAGEMENT INC | COMMON | 0.06% | $409,000 | 1.9K |
| 21 | MRKMERCK & CO INC | COMMON | 0.06% | $381,000 | 2.9K |
| 22 | AFLAFLAC INC | COMMON | 0.06% | $373,000 | 4.3K |
| 23 | WMTWALMART INC | COMMON | 0.06% | $369,000 | 6.1K |
| 24 | SOSOUTHERN CO | COMMON | 0.05% | $332,000 | 4.6K |
| 25 | MCDMCDONALDS CORP | COMMON | 0.05% | $325,000 | 1.2K |
| 26 | PGPROCTER AND GAMBLE | COM | 0.04% | $292,000 | 1.8K |
| 27 | HDHOME DEPOT INC | COMMON | 0.04% | $278,000 | 725 |
| 28 | SYYSYSCO CORP | COMMON | 0.03% | $189,000 | 2.3K |
| 29 | ABTABBOTT LABS | COMMON | 0.03% | $180,000 | 1.6K |
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 ↗.