SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Valence8 US LP

CIK 0001943819 · ONE BROADWAY, 14TH FLOOR, CAMBRIDGE, MA, 02142 · 617-233-0428

Reported Value
$170M
Q1 2023
Positions
14
Filings on Record
14
2019–present window
Filed
May 9, 2023
original filing

Summary

Valence8 US LP reported $170M in U.S.-listed holdings across 14 positions for Q1 2023.

The portfolio is heavily concentrated: Vanguard Specialized Funds alone accounts for 22.1% of reported value.

Compared with Q4 2022, the fund opened 3 new positions and exited 1.

Portfolio Metrics

Turnover
+16.3%
vs prior filed quarter
Top-10 Concentration
+95.4%
share of reported value
Largest Position
+22.1%
Vanguard Specialized Funds
New / Exited
3 / 1
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
Q4 ’22: $132MQ4 ’22Q1 ’23: $170MQ2 ’23: $152MQ2 ’23Q3 ’23: $158MQ4 ’23: $171MQ4 ’23Q1 ’24: $192MQ2 ’24: $192MQ2 ’24Q3 ’24: $241MQ4 ’24: $208MQ4 ’24Q1 ’25: $213MQ2 ’25: $238MQ2 ’25Q3 ’25: $292MQ4 ’25: $337MQ4 ’25Q1 ’26: $286Mfilingsflow.com

Portfolio Composition

By security type
ETP: 100.0%
  • ETP · 100.0% · $170M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+510.9K510.9K+$25M$25M
XLUSELECT SECTOR SPDR TRNEW+71.1K71.1K+$5M$5M
EUFNISHARES TRNEW+224.3K224.3K+$4M$4M
NDQINVESCO QQQ TRADDED+39.9K61.4K+$14M$20M
VDEVANGUARD WORLD FDSSOLD OUT−15.9K0−$2M$0
SPDR SER TRTRIMMED−53.3K23.0K−$3M$1M
ISHARES INCADDED+87.9K227.6K+$6M$13M
VANGUARD WORLD FDSTRIMMED−99.9K160.3K−$9M$12M

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

Holdings — Q1 2023

10 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VANGUARD SPECIALIZED FUNDSDIV APP ETF22.08%$38M244.0K
2EUFNISHARES TREAFE VALUE ETF · MSCI UK ETF NEW · MSCI EURO FL ETF22.04%$38M999.3K
3XLUSELECT SECTOR SPDR TRSBI CONS STPLS · SBI INT-UTILS12.64%$22M294.5K
4ISHARES INCMSCI JPN ETF NEW · MSCI GERMANY ETF12.15%$21M484.9K
5NDQINVESCO QQQ TRhistory →UNIT SER 111.58%$20M61.4K
6VTVVANGUARD INDEX FDShistory →VALUE ETF10.02%$17M123.5K
7VANGUARD WORLD FDSFINANCIALS ETF7.34%$12M160.3K
8VANECK ETF TRUSTJUNIOR GOLD MINE0.81%$1M34.7K
9SPDR SER TRS&P METALS MNG0.72%$1M23.0K
10SPROTT FDS TRURANIUM MINERS E0.63%$1M34.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$286M14May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$337M15Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$292M14Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$238M12Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$213M10May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$208M10Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$241M62Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$192M9Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$192M9May 6, 202413F-HRchanges · EDGAR ↗
Q4 2023$171M9Feb 1, 202413F-HRchanges · EDGAR ↗
Q3 2023$158M13Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$152M13Aug 1, 202313F-HRchanges · EDGAR ↗
Q1 2023$170M14May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022$132M12Jan 31, 202313F-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 ↗.