SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Strong Tower Advisory Services

CIK 0001889322 · 333 SOUTH 7TH STREET, SUITE 2100, MINNEAPOLIS, MN, 55402 · 6124363750

Reported Value
$226M
Q4 2023
Positions
85
Filings on Record
19
2019–present window
Filed
Jan 18, 2024
original filing

Summary

Strong Tower Advisory Services reported $226M in U.S.-listed holdings across 85 positions for Q4 2023.

Its largest position, FSK, represents 7.9% of the portfolio.

Compared with Q3 2023, the fund opened 4 new positions and exited 8.

Portfolio Metrics

Turnover
+8.7%
vs prior filed quarter
Top-10 Concentration
+44.1%
share of reported value
Largest Position
+7.9%
Fs Kkr Cap
New / Exited
4 / 8
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. 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
Q3 ’21: $172MQ3 ’21Q4 ’21: $188MQ1 ’22: $195MQ2 ’22: $184MQ2 ’22Q3 ’22: $168MQ4 ’22: $167MQ1 ’23: $190MQ1 ’23Q2 ’23: $211MQ3 ’23: $200MQ4 ’23: $226MQ4 ’23Q1 ’24: $249MQ2 ’24: $305MQ3 ’24: $359MQ3 ’24Q4 ’24: $383MQ1 ’25: $407MQ2 ’25: $507MQ2 ’25Q3 ’25: $528MQ4 ’25: $558MQ1 ’26: $531MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 81.6%ETP: 10.5%REIT: 4.4%Other: 2.0%ADR: 1.5%
  • Common Stock · 81.6% · $184M
  • ETP · 10.5% · $24M
  • REIT · 4.4% · $10M
  • Other · 2.0% · $5M
  • ADR · 1.5% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+93.9K93.9K+$7M$7M
MIGAMICROSTRATEGY INCNEW+10.4K10.4K+$7M$7M
VANGUARD INDEX FDSNEW+1.2K1.2K+$528,091$528,091
HASIHANNON ARMSTRONG SUST INFR CNEW+19.0K19.0K+$525,371$525,371
INVESCO EXCHANGE TRADED FD TADDED+31.3K33.0K+$5M$5M
ISHARES TRSOLD OUT−160.6K0−$6M$0
LULULULULEMON ATHLETICA INCSOLD OUT−10.4K0−$4M$0
TMOTHERMO FISHER SCIENTIFIC INCSOLD OUT−6.2K0−$3M$0

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

Holdings — Q4 2023

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FSKFS KKR CAP CORPhistory →COM7.93%$18M896.5K
2ISHARES TRIBOXX HI YD ETF · IBOXX INV CP ETF6.08%$14M152.3K
3AMZNAMAZON COM INChistory →COM5.80%$13M86.2K
4UNHUNITEDHEALTH GROUP INChistory →COM4.72%$11M20.3K
5NVDANVIDIA CORPORATIONhistory →COM4.18%$9M19.1K
6AAPLAPPLE INChistory →COM4.17%$9M48.9K
7MSFTMICROSOFT CORPhistory →COM4.01%$9M24.1K
8FBRTFRANKLIN BSP RLTY TR INChistory →COMMON STOCK3.83%$9M639.9K
9TSLATESLA INChistory →COM3.37%$8M30.7K
10MIGAMICROSTRATEGY INChistory →CL A NEW2.91%$7M10.4K
11GOOGLALPHABET INChistory →CAP STK CL A2.64%$6M42.8K
12BABOEING COhistory →COM2.61%$6M22.6K
13LLYELI LILLY & COhistory →COM2.43%$5M9.4K
14INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT2.30%$5M33.0K
15VVISA INChistory →COM CL A2.01%$5M17.4K
16EXMOCEXXON MOBIL CORPhistory →COM1.97%$4M44.6K
17MMM3M COhistory →COM1.90%$4M39.3K
18BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.87%$4M11.8K
19GSGOLDMAN SACHS GROUP INChistory →COM1.82%$4M10.6K
20COFCAPITAL ONE FINL CORPhistory →COM1.79%$4M30.9K
21DEDEERE & COhistory →COM1.76%$4M9.9K
22PWRQUANTA SVCS INChistory →COM1.74%$4M18.2K
23LPXLOUISIANA PAC CORPhistory →COM1.62%$4M51.5K
24NVONOVO-NORDISK A Shistory →ADR1.01%$2M22.1K
25BACVERIZON COMMUNICATIONS INCCOM0.88%$2M52.8K
26PHPARKER-HANNIFIN CORPCOM0.85%$2M4.2K
27MAMASTERCARD INCORPORATEDCL A0.72%$2M3.8K
28ECLECOLAB INCCOM0.72%$2M8.2K
29GARMIN LTDSHS0.69%$2M12.2K
30SHWSHERWIN WILLIAMS COCOM0.68%$2M4.9K
31FDSFACTSET RESH SYS INCCOM0.66%$2M3.1K
32BLKCHFBLACKROCK INCCOM0.66%$1M1.8K
33LOWLOWES COS INCCOM0.66%$1M6.7K
34ARK ETF TRNEXT GNRTN INTER0.63%$1M18.6K
35ITWILLINOIS TOOL WKS INCCOM0.62%$1M5.3K
36ROPROPER TECHNOLOGIES INCCOM0.62%$1M2.5K
37CNRCANADIAN NATL RY COCOM0.60%$1M10.8K
38RTXRTX CORPORATIONCOM0.56%$1M15.0K
39STERIS PLCSHS USD0.56%$1M5.7K
40NKENIKE INCCL B0.55%$1M11.5K
41TXNTEXAS INSTRS INCCOM0.54%$1M7.2K
42KLACKLA CORPCOM NEW0.52%$1M2.0K
43CHVCHEVRON CORP NEWCOM0.51%$1M7.7K
44EATON CORP PLCSHS0.51%$1M4.8K
45COSTCOSTCO WHSL CORP NEWCOM0.51%$1M1.7K
46BDXBECTON DICKINSON & COCOM0.50%$1M4.7K
47LHXL3HARRIS TECHNOLOGIES INCCOM0.50%$1M5.4K
48LRCXEURLAM RESEARCH CORPCOM0.49%$1M1.4K
49BHP GROUP LTDSPONSORED ADS0.47%$1M15.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$531M92Apr 16, 202613F-HRchanges · EDGAR ↗
Q4 2025$558M97Jan 23, 202613F-HRchanges · EDGAR ↗
Q3 2025$528M97Oct 15, 202513F-HRchanges · EDGAR ↗
Q2 2025$507M100Jul 24, 202513F-HRchanges · EDGAR ↗
Q1 2025$407M97Apr 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$383M92Jan 16, 202513F-HRchanges · EDGAR ↗
Q3 2024$359M100Oct 9, 202413F-HRchanges · EDGAR ↗
Q2 2024$305M97Jul 15, 202413F-HRchanges · EDGAR ↗
Q1 2024$249M80Apr 12, 202413F-HRchanges · EDGAR ↗
Q4 2023$226M85Jan 18, 202413F-HRchanges · EDGAR ↗
Q3 2023$200M89Oct 11, 202313F-HRchanges · EDGAR ↗
Q2 2023$211M89Jul 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$190M90Apr 14, 202313F-HRchanges · EDGAR ↗
Q4 2022$167M91Jan 20, 202313F-HRchanges · EDGAR ↗
Q3 2022$168M96Oct 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$184M103Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$195M105Apr 14, 202213F-HRchanges · EDGAR ↗
Q4 2021$188M106Jan 18, 202213F-HRchanges · EDGAR ↗
Q3 2021$172M102Oct 29, 202113F-HRchanges · 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 ↗.