SEC 13F Intelligence

Managers / Q1 2024 · view latest →

LOWERY THOMAS, LLC

CIK 0001919701 · 3975 RONDA ROAD, PEBBLE BEACH, CA, 93953 · 415-227-9800

Reported Value
$131M
Q1 2024
Positions
46
Filings on Record
18
2019–present window
Filed
May 10, 2024
original filing

Summary

Lowery Thomas, LLC reported $131M in U.S.-listed holdings across 46 positions for Q1 2024.

Its largest position, Schwab Strategic Tr, represents 11.0% of the portfolio.

Compared with Q4 2023, the fund opened 2 new positions and exited 2.

Portfolio Metrics

Turnover
+2.0%
vs prior filed quarter
Top-10 Concentration
+62.0%
share of reported value
Largest Position
+11.0%
Schwab Strategic Tr
New / Exited
2 / 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. 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
Q1 ’22: $145MQ1 ’22Q2 ’22: $105MQ3 ’22: $86MQ4 ’22: $83MQ4 ’22Q1 ’23: $91MQ2 ’23: $102MQ3 ’23: $105MQ3 ’23Q4 ’23: $116MQ1 ’24: $131MQ2 ’24: $137MQ2 ’24Q3 ’24: $147MQ4 ’24: $153MQ1 ’25: $146MQ1 ’25Q2 ’25: $156MQ3 ’25: $173MQ4 ’25: $177MQ4 ’25Q1 ’26: $175Mfilingsflow.com

Portfolio Composition

By security type
ETP: 97.0%Common Stock: 3.0%
  • ETP · 97.0% · $127M
  • Common Stock · 3.0% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+899899+$203,057$203,057
MDYSPDR S&P MIDCAP 400 ETF TRNEW+362362+$201,412$201,412
INVESCO EXCHANGE TRADED FD TSOLD OUT−3.6K0−$574,486$0
ISHARES TRSOLD OUT−4.7K0−$517,844$0
SCHWAB STRATEGIC TRADDED+4.4K16.9K+$345,399$1M
KLACKLA CORPTRIMMED−4001.1K−$102,116$776,810
VANGUARD ADMIRAL FDS INCADDED+5.1K25.4K+$668,861$3M
VANGUARD INDEX FDSADDED+4.9K25.8K+$3M$12M

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

Holdings — Q1 2024

23 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHWAB STRATEGIC TRUS LCAP GR ETF · SCHWAB FDT US LG · SHT TM US TRES · US LCAP VA ETF · US MID-CAP ETF · US LRG CAP ETF · US SML CAP ETF27.58%$36M506.8K
2ISHARES TRRUS 1000 GRW ETF · RUS 1000 ETF · RUS 2000 GRW ETF · RUS MD CP GR ETF · RUS 2000 VAL ETF · RUSSELL 2000 ETF · RUS 1000 VAL ETF · ISHARES SEMICDTR15.57%$20M91.9K
3VANGUARD INDEX FDSS&P 500 ETF SHS · MCAP GR IDXVIP · MCAP VL IDXVIP · MID CAP ETF11.35%$15M37.0K
4SPDR SER TRBLOOMBERG 1-3 MO · PRTFLO S&P500 GW · PRTFLO S&P500 VL · S&P 600 SMCP GRW10.27%$13M165.4K
5SPDR S&P 500 ETF TRTR UNIT5.84%$8M14.6K
6INVESCO EXCH TRADED FD TR IINASDAQ 100 ETF5.71%$7M40.8K
7NDQINVESCO QQQ TRhistory →UNIT SER 14.78%$6M14.1K
8INVESCO EXCHANGE TRADED FD TS&P MDCP MOMNTUM · S&P SMCP VLU MNT · S&P SMLCP MOMENT3.69%$5M58.9K
9VANGUARD ADMIRAL FDS INCSMLCP 600 GRTH · 500 VAL IDX FD · SMLCP 600 VAL3.42%$4M37.8K
10VANECK ETF TRUSTSEMICONDUCTR ETF2.77%$4M16.1K
11J P MORGAN EXCHANGE TRADED FEQUITY PREMIUM2.73%$4M61.6K
12SPDR DOW JONES INDL AVERAGEUT SER 11.76%$2M5.8K
13AAPLAPPLE INCCOM0.99%$1M7.6K
14KLACKLA CORPCOM NEW0.59%$776,8101.1K
15SELECT SECTOR SPDR TRTECHNOLOGY0.56%$730,3763.5K
16NVDANVIDIA CORPORATIONCOM0.38%$502,579556
17MSFTMICROSOFT CORPCOM0.37%$478,9031.1K
18GLOBAL X FDSARTIFICIAL ETF0.36%$473,84414.0K
19AMZNAMAZON COM INCCOM0.36%$470,4312.6K
20METAMETA PLATFORMS INCCL A0.28%$367,350757
21PACER FDS TRUS CASH COWS 1000.24%$311,2055.4K
22PROSHARES TRPSHS ULTRA QQQ0.23%$301,4163.4K
23MDYSPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP0.15%$201,412362

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$175M55May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$177M55Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$173M55Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$156M53Jul 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$146M55May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$153M56Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$147M52Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$137M46Aug 2, 202413F-HRchanges · EDGAR ↗
Q1 2024$131M46May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$116M46Feb 5, 202413F-HRchanges · EDGAR ↗
Q3 2023$105M48Nov 1, 202313F-HRchanges · EDGAR ↗
Q2 2023$102M46Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$91M43May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022$83M38Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$86M41Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$105M44Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$145M49May 10, 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 ↗.