SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Silver Oak Advisory Group, Inc.

CIK 0001906937 · 1130 SW MORRISON STREET, SUITE 312, PORTLAND, OR, 97205 · 503-242-1715

Reported Value
$170M
Q4 2023
Positions
61
Filings on Record
18
2022–present window
Filed
Feb 2, 2024
original filing

Summary

Silver Oak Advisory Group, Inc. reported $170M in U.S.-listed holdings across 61 positions for Q4 2023.

The portfolio is heavily concentrated: BND alone accounts for 31.9% of reported value.

Compared with Q3 2023, the fund opened 3 new positions and exited 2.

Portfolio Metrics

Turnover
+0.6%
vs prior filed quarter
Top-10 Concentration
+88.9%
share of reported value
Largest Position
+31.9%
Vanguard Bd Index Fds
New / Exited
3 / 2
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: $158MQ4 ’21Q1 ’22: $153MQ2 ’22: $141MQ3 ’22: $133MQ3 ’22Q4 ’22: $142MQ1 ’23: $149MQ2 ’23: $153MQ2 ’23Q3 ’23: $154MQ4 ’23: $170MQ1 ’24: $178MQ1 ’24Q2 ’24: $180MQ3 ’24: $195MQ4 ’24: $189MQ4 ’24Q1 ’25: $188MQ2 ’25: $206MQ3 ’25: $221MQ3 ’25Q4 ’25: $221MQ1 ’26: $232Mfilingsflow.com

Portfolio Composition

By security type
ETP: 95.3%Common Stock: 4.7%
  • ETP · 95.3% · $162M
  • Common Stock · 4.7% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MANAGER DIRECTED PORTFOLIOSNEW+55.6K55.6K+$553,000$553,000
UNPUNION PAC CORPNEW+892892+$219,000$219,000
HDHOME DEPOT INCNEW+589589+$204,000$204,000
VTESVANGUARD WELLINGTON FDADDED+8.9K15.9K+$921,000$2M
JNJJOHNSON & JOHNSONSOLD OUT−1.8K0−$275,000$0
CVXCHEVRON CORP NEWSOLD OUT−1.3K0−$214,000$0
BIVVANGUARD BD INDEX FDSADDED+27.6K68.4K+$2M$5M
NUSCNUSHARES ETF TRADDED+3.8K11.9K+$183,000$467,000

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

Holdings — Q4 2023

33 positions (from 61 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BNDVANGUARD BD INDEX FDSTOTAL BND MRKT · SHORT TRM BOND · INTERMED TERM31.90%$54M727.4K
2DFACDIMENSIONAL ETF TRUSTUS CORE EQUITY 2 · WORLD EX US CORE · US EQUITY ETF · US MKTWIDE VALUE · US TARGETED VLU · US CORE EQT MKT · INTERNATNAL VAL · US SMALL CAP ETF13.07%$22M776.7K
3BNDXVANGUARD CHARLOTTE FDShistory →TOTAL INT BD ETF11.81%$20M407.4K
4VTIVANGUARD INDEX FDSTOTAL STK MKT · REAL ESTATE ETF · LARGE CAP ETF · VALUE ETF · SMALL CP ETF · SM CP VAL ETF · S&P 500 ETF SHS11.10%$19M132.5K
5VTEBVANGUARD MUN BD FDShistory →TAX EXEMPT BD6.56%$11M218.9K
6VIOVVANGUARD ADMIRAL FDS INCSMLCP 600 VAL · SMLLCP 600 IDX5.83%$10M110.4K
7VXUSVANGUARD STAR FDShistory →VG TL INTL STK F2.83%$5M83.2K
8SCHBSCHWAB STRATEGIC TRUS BRD MKT ETF · INTL EQTY ETF2.51%$4M80.5K
9VSGXVANGUARD WORLD FDESG INTL STK ETF · ESG US STK ETF1.68%$3M46.2K
10NUSCNUSHARES ETF TRNUVEEN ESG US · NUVEEN ESG SMLCP1.59%$3M112.9K
11VTVANGUARD INTL EQUITY INDEX FTT WRLD ST ETF · ALLWRLD EX US · FTSE EMR MKT ETF · FTSE SMCAP ETF1.48%$3M33.8K
12VTIPVANGUARD MALVERN FDShistory →STRM INFPROIDX1.24%$2M44.6K
13MSFTMICROSOFT CORPhistory →COM1.09%$2M4.9K
14IVVISHARES TRCORE S&P500 ETF · DOW JONES US ETF · RUS 1000 ETF · ESG AW MSCI EAFE · CORE US AGGBD ET0.95%$2M10.9K
15VTESVANGUARD WELLINGTON FDSHORT TRM TAX EX0.95%$2M15.9K
16VCITVANGUARD SCOTTSDALE FDSINT-TERM CORP · SHRT TRM CORP BD · INTER TERM TREAS0.80%$1M17.9K
17AAPLAPPLE INCCOM0.65%$1M5.8K
18SPYSPDR S&P 500 ETF TRTR UNIT0.54%$921,0001.9K
19COSTCOSTCO WHSL CORP NEWCOM0.40%$687,0001.0K
20GBCIGLACIER BANCORP INC NEWCOM0.39%$668,00016.2K
21MANAGER DIRECTED PORTFOLIOSVERT GLB SUST RE0.32%$553,00055.6K
22CSXCSX CORPCOM0.30%$505,00014.6K
23NKENIKE INCCL B0.25%$432,0004.0K
24LLYELI LILLY & COCOM0.24%$417,000715
25EXMOCEXXON MOBIL CORPCOM0.23%$386,0003.9K
26ABBVABBVIE INCCOM0.20%$346,0002.2K
27AMGNAMGEN INCCOM0.19%$326,0001.1K
28INTCINTEL CORPCOM0.16%$279,0005.5K
29VEAVANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT0.16%$273,0005.7K
30GOOGLALPHABET INCCAP STK CL A0.15%$256,0001.8K
31BIOBIO RAD LABS INCCL A0.15%$251,000777
32UNPUNION PAC CORPCOM0.13%$219,000892
33HDHOME DEPOT INCCOM0.12%$204,000589

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$232M80May 1, 202613F-HRchanges · EDGAR ↗
Q4 2025$221M75Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$221M77Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$206M73Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$188M65May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$189M65Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$195M68Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$180M64Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$178M64May 3, 202413F-HRchanges · EDGAR ↗
Q4 2023$170M61Feb 2, 202413F-HRchanges · EDGAR ↗
Q3 2023$154M60Nov 6, 202313F-HRchanges · EDGAR ↗
Q2 2023$153M55Aug 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$149M57May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022$142M57Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$133M51Nov 1, 202213F-HRchanges · EDGAR ↗
Q2 2022$141M55Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$153M56May 3, 202213F-HRchanges · EDGAR ↗
Q4 2021$158M60Feb 14, 202213F-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 ↗.