Managers / Q2 2023 · view latest →
Valence8 US LP
CIK 0001943819 · ONE BROADWAY, 14TH FLOOR, CAMBRIDGE, MA, 02142 · 617-233-0428
Summary
Valence8 US LP reported $152M in U.S.-listed holdings across 13 positions for Q2 2023.
The portfolio is heavily concentrated: Vanguard Specialized Funds alone accounts for 22.7% of reported value.
Compared with Q1 2023, the fund opened 1 new position and exited 2.
Portfolio Metrics
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
Portfolio Composition
- ETP · 100.0% · $152M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| GLOBAL X FDS | NEW | +79.6K | 79.6K | +$3M | $3M |
| VANECK ETF TRUST | SOLD OUT | −34.7K | 0 | −$1M | $0 |
| SPDR SER TR | SOLD OUT | −23.0K | 0 | −$1M | $0 |
| VANGUARD WORLD FDS | TRIMMED | −84.8K | 75.5K | −$6M | $6M |
| SPROTT FDS TR | TRIMMED | −17.9K | 16.5K | −$524,756 | $552,898 |
| EUFNISHARES TR | ADDED | +92.3K | 316.6K | +$2M | $6M |
| ISHARES TR | TRIMMED | −78.1K | 186.0K | −$3M | $6M |
| XLUSELECT SECTOR SPDR TR | ADDED | +20.7K | 91.8K | +$1M | $6M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 22.66% | $34M | 211.8K |
| 2 | EUFNISHARES TR | EAFE VALUE ETF · MSCI EURO FL ETF · MSCI UK ETF NEW | 20.01% | $30M | 876.5K |
| 3 | XLUSELECT SECTOR SPDR TR | SBI CONS STPLS · SBI INT-UTILS | 14.56% | $22M | 309.0K |
| 4 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 13.82% | $21M | 56.8K |
| 5 | ISHARES INC | MSCI JPN ETF NEW · MSCI GERMANY ETF | 11.82% | $18M | 403.4K |
| 6 | VTVVANGUARD INDEX FDShistory → | VALUE ETF | 10.74% | $16M | 114.7K |
| 7 | VANGUARD WORLD FDS | FINANCIALS ETF | 4.04% | $6M | 75.5K |
| 8 | GLOBAL X FDS | GLOBAL X COPPER | 1.97% | $3M | 79.6K |
| 9 | SPROTT FDS TR | URANIUM MINERS E | 0.36% | $552,898 | 16.5K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $286M | 14 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $337M | 15 | Feb 9, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $292M | 14 | Nov 7, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $238M | 12 | Aug 7, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $213M | 10 | May 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $208M | 10 | Feb 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $241M | 62 | Nov 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $192M | 9 | Aug 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $192M | 9 | May 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $171M | 9 | Feb 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $158M | 13 | Nov 9, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $152M | 13 | Aug 1, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $170M | 14 | May 9, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $132M | 12 | Jan 31, 2023 | 13F-HR | changes · 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 ↗.