SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Financial Connections Group, Inc.

CIK 0001907157 · 21 TAMAL VISTA BLVD., #105, CORTE MADERA, CA, 94925 · 415-924-1091

Reported Value
$141M
Q1 2023
Positions
262
Filings on Record
18
2019–present window
Filed
May 5, 2023
original filing

Summary

Financial Connections Group, Inc. reported $141M in U.S.-listed holdings across 262 positions for Q1 2023.

Its largest position, JAVA, represents 10.5% of the portfolio.

Compared with Q4 2022, the fund opened 40 new positions and exited 30.

Portfolio Metrics

Turnover
+2.1%
vs prior filed quarter
Top-10 Concentration
+57.7%
share of reported value
Largest Position
+10.5%
Jpmorgan Active Value Etf
New / Exited
40 / 30
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: $102MQ4 ’21Q1 ’22: $99MQ2 ’22: $113MQ3 ’22: $119MQ3 ’22Q4 ’22: $127MQ1 ’23: $141MQ2 ’23: $153MQ2 ’23Q3 ’23: $81MQ4 ’23: $154MQ1 ’24: $91MQ1 ’24Q2 ’24: $193MQ3 ’24: $203MQ4 ’24: $208MQ4 ’24Q1 ’25: $223MQ2 ’25: $242MQ3 ’25: $256MQ3 ’25Q4 ’25: $291MQ1 ’26: $288Mfilingsflow.com

Portfolio Composition

By security type
ETP: 91.3%Common Stock: 8.5%ADR: 0.1%REIT: 0.0%MLP: 0.0%Other: 0.0%
  • ETP · 91.3% · $129M
  • Common Stock · 8.5% · $12M
  • ADR · 0.1% · $199,000
  • REIT · 0.0% · $67,000
  • MLP · 0.0% · $23,000
  • Other · 0.0% · $2,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TFLRT. Rowe Price Floating Rate ETFNEW+61.3K61.3K+$3M$3M
MUBiShares National Muni Bond ETFNEW+877877+$94,000$94,000
NVONovo Nordisk A/S ADRNEW+501501+$79,000$79,000
HYXFiShares ESG Advanced Hi Yld Corp Bd ETFNEW+1.4K1.4K+$62,000$62,000
FCXFreeport-McMoRan IncNEW+888888+$36,000$36,000
NLYAnnaly Capital Management IncNEW+1.4K1.4K+$26,000$26,000
VNQVanguard Real Estate ETFNEW+282282+$23,000$23,000
INGING Groep NV ADRNEW+2.0K2.0K+$23,000$23,000

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

Holdings — Q1 2023

261 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JAVAJPMorgan Active Value ETFhistory →ACTIVE VALUE ETF10.50%$15M287.1K
2CMFiShares California Muni Bond ETFhistory →CALIF MUN BD ETF7.03%$10M172.5K
3VUGVanguard Growth ETFhistory →GROWTH ETF6.42%$9M36.2K
4DFAUDimensional US Core Equity Market ETFhistory →US CORE EQT MKT5.75%$8M281.4K
5DFAXDimensional World ex US Core Eq 2 ETFhistory →WORLD EX US CORE5.67%$8M346.3K
6DFASDimensional US Small Cap ETFhistory →US SMALL CAP ETF5.51%$8M147.2K
7DFIVDimensional International Value ETFhistory →INTERNATNAL VAL5.11%$7M223.2K
8VIGIVanguard Intl Div Apprec ETFhistory →INTL DVD ETF4.47%$6M85.4K
9ACWViShares MSCI Global Min Vol Factor ETFhistory →MSCI GBL MIN VOL3.83%$5M55.7K
10ESMLiShares ESG Aware MSCI USA Small-Cap ETFhistory →ESG AWARE MSCI3.45%$5M143.0K
11USXFiShares ESG Advanced MSCI USA ETFhistory →ESG MSCI USA ETF3.12%$4M133.0K
12AAPLApple Inchistory →COM2.43%$3M20.7K
13JPSTJPMorgan Ultra-Short Income ETFhistory →ULTRA SHRT INC2.26%$3M63.2K
14DMXFiShares ESG Advanced MSCI EAFE ETFhistory →ESG EAFE ETF2.23%$3M52.7K
15ESGVVanguard ESG US Stock ETFhistory →ESG US STK ETF2.22%$3M43.6K
16TFLRT. Rowe Price Floating Rate ETFhistory →FLOATING RATE2.19%$3M61.3K
17VVVanguard Large-Cap ETFhistory →LARGE CAP ETF2.01%$3M15.1K
18VSGXVanguard ESG International Stock ETFhistory →ESG INTL STK ETF2.00%$3M53.7K
19VTEBVanguard Tax-Exempt Bond ETFhistory →TAX EXEMPT BD1.69%$2M47.1K
20SPDWSPDR Portfolio Developed Wld ex-US ETFhistory →PORTFOLIO DEVLPD1.37%$2M60.0K
21BRK/BBerkshire Hathaway Inc Class Bhistory →CL B NEW1.36%$2M6.2K
22iShares ESG Advanced Ttl USD Bd Mrkt ETFESG ADV TTL USD1.27%$2M41.4K
23PGIM Active High Yield Bond ETFACTV HY BD ETF1.17%$2M48.1K
24Nuveen ESG Large-Cap Value ETFNUVEEN ESG LRGVL1.13%$2M46.5K
25VBKVanguard Small-Cap Growth ETFhistory →SML CP GRW ETF1.03%$1M6.7K
26iShares Core Total USD Bond Market ETFCORE TOTAL USD1.02%$1M31.3K
27TDVGT. Rowe Price Dividend Growth ETFhistory →PRICE DIV GRWT1.01%$1M44.5K
28TEQIT. Rowe Price Equity Income ETFPRICE EQT INCOME0.88%$1M36.9K
29IWFiShares Russell 1000 Growth ETFRUS 1000 GRW ETF0.87%$1M5.0K
30VTIVanguard Total Stock Market ETFTOTAL STK MKT0.85%$1M5.8K
31NUSCNuveen ESG Small-Cap ETFNUVEEN ESG SMLCP0.60%$843,00023.8K
32MSFTMicrosoft CorpCOM0.53%$746,0002.6K
33VOOVanguard S&P 500 ETFS&P 500 ETF SHS0.51%$722,0001.9K
34TBUXT. Rowe Price Ultra Short-Term Bond ETFULTRA SHRT TRM0.49%$693,00014.3K
35TSLATesla IncCOM0.41%$573,0002.8K
36EMXFiShares ESG Advanced MSCI EM ETFEGSADVNCDMSCI EM0.36%$505,00014.4K
37Nuveen ESG Intl Dev Mkts Eq ETFNUVEEN ESG INTL0.35%$498,00017.7K
38VXUSVanguard Total International Stock ETFVG TL INTL STK F0.35%$493,0008.9K
39DFSUDimensional US Sustainability Core 1 ETFUS SUSTAINABILTY0.32%$449,00016.9K
40GOOGLAlphabet Inc Class ACAP STK CL A · CAP STK CL C0.29%$412,0004.0K
41UNPUnion Pacific CorpCOM0.26%$368,0001.8K
42DFIPDimensional Inflation-Protected Sec ETFINFLATION PROTE0.22%$303,0007.1K
43PEPPepsiCo IncCOM0.20%$283,0001.6K
44ORCLOracle CorpCOM0.19%$272,0002.9K
45JNJJohnson & JohnsonCOM0.19%$267,0001.7K
46IAGGiShares Core International Aggt Bd ETFCORE INTL AGGR0.16%$223,0004.6K
47PFEPfizer IncCOM0.15%$208,0005.1K
48SUSAiShares MSCI USA ESG Select ETFMSCI USA ESG SLC0.14%$203,0002.3K
49VIGVanguard Dividend Appreciation ETFDIV APP ETF0.14%$201,0001.3K
50HYMBSPDR Nuveen Blmbg Hi Yld Muncpl Bd ETFNUVEEN BLOOMBERG0.14%$199,0008.0K
51AMZNAmazon.com IncCOM0.12%$174,0001.7K
52ABBVAbbVie IncCOM0.12%$166,0001.0K
53VVisa Inc Class ACOM CL A0.11%$149,000662
54CLColgate-Palmolive CoCOM0.11%$148,0002.0K
55SPYSPDR S&P 500 ETF TrustTR UNIT0.10%$144,000352
56IWMiShares Russell 2000 ETFRUSSELL 2000 ETF0.10%$143,000807
57IVViShares Core S&P 500 ETFCORE S&P500 ETF0.10%$136,000331
58IWBiShares Russell 1000 ETFRUS 1000 ETF0.09%$131,000582
59DFUSDimensional US Equity ETFUS EQUITY ETF0.09%$130,0002.9K
60VCITVanguard Interm-Term Corp Bd ETFINT-TERM CORP0.09%$124,0001.5K
61NEENextEra Energy IncCOM0.09%$120,0001.6K
62ABTAbbott LaboratoriesCOM0.08%$107,0001.1K
63HDThe Home Depot IncCOM0.08%$106,000359
64UNHUnitedHealth Group IncCOM0.07%$101,000214
65VYMVanguard High Dividend Yield ETFHIGH DIV YLD0.07%$101,000965
66NFLXNetflix IncCOM0.07%$97,000281
67MUBiShares National Muni Bond ETFNATIONAL MUN ETF0.07%$94,000877
68BACBank of America CorpCOM0.06%$89,0003.1K
69SPYMSPDR Portfolio S&P 500 ETFPORTFOLIO S&P5000.06%$88,0001.8K
70CRMSalesforce IncCOM0.06%$83,000416
71VBVanguard Small-Cap ETFSMALL CP ETF0.06%$79,000422
72NVONovo Nordisk A/S ADRADR0.06%$79,000501
73SBUXStarbucks CorpCOM0.05%$77,000740
74RPDRapid7 IncCOM0.05%$76,0001.7K
75ASMLASML Holding NV ADRN Y REGISTRY SHS0.05%$66,00097
76SOSouthern CoCOM0.04%$63,000914
77HYXFiShares ESG Advanced Hi Yld Corp Bd ETFESG ADVNCD HY BD0.04%$62,0001.4K
78PANWPalo Alto Networks IncCOM0.04%$62,000315
79FMCFMC CorpCOM NEW0.04%$61,000500
80DFATDimensional US Targeted Value ETFUS TARGETED VLU0.04%$59,0001.3K
81EESWisdomTree US SmallCap Earnings ETFUS SMALLCAP FUND0.04%$58,0001.4K
82DVYiShares Select Dividend ETFSELECT DIVID ETF0.04%$58,000497
83METAMeta Platforms Inc Class ACL A0.04%$57,000271
84TMOThermo Fisher Scientific IncCOM0.04%$57,000100
85AXPAmerican Express CoCOM0.04%$55,000334
86IWSiShares Russell Mid-Cap Value ETFRUS MDCP VAL ETF0.04%$54,000517
87HDViShares Core High Dividend ETFCORE HIGH DV ETF0.04%$51,000508
88MRKMerck & Co IncCOM0.04%$51,000488
89ADPAutomatic Data Processing IncCOM0.03%$49,000223
90CATCaterpillar IncCOM0.03%$47,000207
91AMATApplied Materials IncCOM0.03%$46,000378
92DHRDanaher CorpCOM0.03%$45,000179
93QQQInvesco QQQ TrustUNIT SER 10.03%$45,000142
94CVXChevron CorpCOM0.03%$44,000275
95VOVanguard Mid-Cap ETFMID CAP ETF0.03%$43,000205
96ADBEAdobe IncCOM0.03%$43,000113
97IDXXIDEXX Laboratories IncCOM0.03%$42,00084
98GILDGilead Sciences IncCOM0.03%$41,000504
99NOWServiceNow IncCOM0.03%$40,00087
100KOCoca-Cola CoCOM0.03%$40,000656

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$288M251May 1, 202613F-HRchanges · EDGAR ↗
Q4 2025$291M235Jan 23, 202613F-HRchanges · EDGAR ↗
Q3 2025$256M241Oct 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$242M255Jul 24, 202513F-HRchanges · EDGAR ↗
Q1 2025$223M255May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$208M235Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$203M216Oct 18, 202413F-HRchanges · EDGAR ↗
Q2 2024$193M345Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$91M166May 3, 202413F-HRchanges · EDGAR ↗
Q4 2023$154M237Jan 26, 202413F-HRchanges · EDGAR ↗
Q3 2023$81M136Nov 6, 202313F-HRchanges · EDGAR ↗
Q2 2023$153M251Jul 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$141M262May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022$127M252Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$119M237Nov 1, 202213F-HRchanges · EDGAR ↗
Q2 2022$113M294Jul 22, 202213F-HRchanges · EDGAR ↗
Q1 2022$99M294Apr 29, 202213F-HRchanges · EDGAR ↗
Q4 2021$102M312Feb 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 ↗.