Managers / Q4 2023 · view latest →

Strategic Advocates LLC

CIK 0001991340 · 55 SOUTH MAIN #100, LOGAN, UT, 84321 · 888-247-7753

Reported Value

$235M

Q4 2023

Positions

150

Filings on Record

2023–present window

Filed

Feb 13, 2024

amendment (RESTATEMENT)

Summary

Strategic Advocates LLC reported $235M in U.S.-listed holdings across 150 positions for Q4 2023.

Its largest position, SCHG, represents 7.7% of the portfolio.

Compared with Q3 2023, the fund opened 19 new positions and exited 10.

Portfolio Metrics

Turnover

+11.6%

vs prior filed quarter

Top-10 Concentration

+45.2%

share of reported value

Largest Position

+7.7%

Schwab U S Large Cap Growth Etf

New / Exited

19 / 10

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

Portfolio Composition

By security type

ETP · 63.4% · $149M
Common Stock · 35.3% · $83M
REIT · 0.8% · $2M
Closed-End Fund · 0.3% · $764,676
Other · 0.1% · $180,294
MLP · 0.1% · $170,793

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
SPTL SPDR PORTFOLIO LONG TERM TREASURY ETF	NEW	+163.4K	163.4K	+$5M	$5M
RPV INVESCO S&P 500 PURE VALUE ETF	NEW	+12.6K	12.6K	+$1M	$1M
XLB MATERIALS SELECT SECTOR SPDR FUND	NEW	+8.7K	8.7K	+$745,994	$745,994
VCLT VANGUARD LONG-TERM CORPORATE BOND ETF	NEW	+9.3K	9.3K	+$745,155	$745,155
VIOG VANGUARD S&P SMALL-CAP 600 GROWTH ETF	NEW	+6.3K	6.3K	+$675,513	$675,513
BND VANGUARD TOTAL BOND MARKET ETF	NEW	+7.9K	7.9K	+$580,236	$580,236
KOMP SPDR S&P KENSHO NEW ECONOMIES COMPOSITE ETF	NEW	+12.4K	12.4K	+$578,660	$578,660
IQ HEDGE MULTI-STRATEGY TRACKER ETF	NEW	+18.1K	18.1K	+$544,991	$544,991

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

Holdings — Q4 2023

149 positions (from 150 filing rows — )

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	SCHG SCHWAB U.S. LARGE-CAP GROWTH ETF history →	ETF	7.74%	$18M	219.7K
2	SCHD SCHWAB US DIVIDEND EQUITY ETF history →	ETF	5.96%	$14M	184.3K
3	IJH ISHARES CORE S&P MID-CAP ETF history →	ETF	5.81%	$14M	49.3K
4	AAPL APPLE INC COM history →	Stock	4.79%	$11M	58.5K
5	SLYG SPDR S&P 600 SMALL CAP GROWTH ETF history →	ETF	4.51%	$11M	127.0K
6	BIV VANGUARD INTERMEDIATE-TERM BOND ETF history →	ETF	4.23%	$10M	130.2K
7	IGLB ISHARES 10 YEAR INVESTMENT GRADE CORPORATE BOND ETF history →	ETF	3.24%	$8M	144.7K
8	SCHF SCHWAB INTERNATIONAL EQUITY ETF history →	ETF	3.21%	$8M	204.2K
9	SCHO SCHWAB SHORT-TERM US TREASURY ETF history →	ETF	3.05%	$7M	148.3K
10	IAGG ISHARES CORE INTERNATIONAL AGGREGATE BOND ETF history →	ETF	2.72%	$6M	128.3K
11	IEMG ISHARES CORE MSCI EMERGING MARKETS ETF history →	ETF	2.48%	$6M	115.3K
12	MSFT MICROSOFT CORP COM history →	Stock	2.03%	$5M	12.7K
13	SPTL SPDR PORTFOLIO LONG TERM TREASURY ETF history →	ETF	2.01%	$5M	163.4K
14	AMZN AMAZON COM INC COM history →	Stock	1.99%	$5M	30.8K
15	SPDR PORTFOLIO AGGREGATE BOND ETF	ETF	1.87%	$4M	171.4K
16	NVDA NVIDIA CORPORATION COM history →	Stock	1.76%	$4M	8.4K
17	SJNK SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF history →	ETF	1.71%	$4M	160.2K
18	GOOGL ALPHABET INC CAP STK CL A	Stock	1.60%	$4M	26.8K
19	TSLA TESLA INC COM history →	Stock	1.56%	$4M	14.8K
20	META META PLATFORMS INC CL A history →	Stock	1.19%	$3M	7.9K
21	EELV INVESCO S&P EMERGING MARKETS LOW VOLATILITY ETF history →	ETF	1.12%	$3M	109.5K
22	ISRG INTUITIVE SURGICAL INC COM NEW history →	Stock	1.12%	$3M	7.8K
23	IWP ISHARES RUSSELL MID-CAP GROWTH ETF history →	ETF	1.01%	$2M	22.8K
24	AMD ADVANCED MICRO DEVICES INC COM	Stock	0.96%	$2M	15.3K
25	MBLY MOBILEYE GLOBAL INC COMMON CLASS A	Stock	0.77%	$2M	41.9K
26	ILMN ILLUMINA INC COM	Stock	0.76%	$2M	12.9K
27	CRM SALESFORCE INC COM	Stock	0.74%	$2M	6.6K
28	MA MASTERCARD INCORPORATED CL A	Stock	0.72%	$2M	4.0K
29	AOA ISHARES CORE AGGRESSIVE ALLOCATION ETF	ETF	0.70%	$2M	23.9K
30	ADSK AUTODESK INC COM	Stock	0.70%	$2M	6.7K
31	SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF	ETF	0.69%	$2M	54.4K
32	WSO WATSCO INC COM	Stock	0.68%	$2M	3.7K
33	SNOW SNOWFLAKE INC CL A	Stock	0.66%	$2M	7.8K
34	SBAC SBA COMMUNICATIONS CORP NEW CL A	REIT	0.65%	$2M	6.0K
35	AXON AXON ENTERPRISE INC COM	Stock	0.63%	$1M	5.8K
36	WCN WASTE CONNECTIONS INC COM	Stock	0.61%	$1M	9.6K
37	BAC BANK AMERICA CORP COM	Stock	0.60%	$1M	41.7K
38	SPDR PORTFOLIO EMERGING MARKETS ETF	ETF	0.59%	$1M	38.9K
39	IFLN INVESCO FUNDAMENTAL HIGH YIELD CORPORATE BOND ETF	ETF	0.55%	$1M	71.9K
40	AXP AMERICAN EXPRESS CO COM	Stock	0.55%	$1M	6.9K
41	AGG ISHARES CORE U.S. AGGREGATE BOND ETF	ETF	0.51%	$1M	12.1K
42	PICK ISHARES MSCI GLOBAL METALS & MINING PRODUCERS ETF	ETF	0.49%	$1M	26.6K
43	RPV INVESCO S&P 500 PURE VALUE ETF	ETF	0.44%	$1M	12.6K
44	KO COCA COLA CO COM	Stock	0.43%	$1M	17.1K
45	IGHG PROSHARES INVESTMENT GRADE-INTEREST RATE HEDGED	ETF	0.42%	$983,263	13.0K
46	CVX CHEVRON CORP NEW COM	Stock	0.41%	$975,573	6.5K
47	HSY HERSHEY CO COM	Stock	0.41%	$964,831	5.2K
48	U UNITY SOFTWARE INC COM	Stock	0.39%	$920,761	22.5K
49	ADBE ADOBE INC COM	Stock	0.38%	$905,639	1.5K
50	TTD THE TRADE DESK INC COM CL A	Stock	0.38%	$903,674	12.6K
51	USHY ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	ETF	0.37%	$881,160	24.2K
52	DOCU DOCUSIGN INC COM	Stock	0.37%	$871,715	14.7K
53	QQQ INVESCO QQQ TRUST SERIES I	ETF	0.37%	$860,030	2.1K
54	PAYC PAYCOM SOFTWARE INC COM	Stock	0.36%	$854,380	4.1K
55	BKLN INVESCO SENIOR LOAN ETF	ETF	0.36%	$846,946	40.0K
56	SLQD ISHARES 0-5 YEAR INVESTMENT GRADE CORPORATE BOND ETF	ETF	0.36%	$844,124	17.2K
57	KHC KRAFT HEINZ CO COM	Stock	0.35%	$816,962	22.1K
58	AMAT APPLIED MATLS INC COM	Stock	0.32%	$751,148	4.6K
59	XLB MATERIALS SELECT SECTOR SPDR FUND	ETF	0.32%	$745,994	8.7K
60	VCLT VANGUARD LONG-TERM CORPORATE BOND ETF	ETF	0.32%	$745,155	9.3K
61	MCO MOODYS CORP COM	Stock	0.31%	$738,158	1.9K
62	WTMF WISDOMTREE MANAGED FUTURES STRATEGY FUND	ETF	0.31%	$727,247	20.7K
63	BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW	Stock	0.30%	$704,760	2.0K
64	MDB MONGODB INC CL A	Stock	0.29%	$691,774	1.7K
65	VIOG VANGUARD S&P SMALL-CAP 600 GROWTH ETF	ETF	0.29%	$675,513	6.3K
66	ALGM ALLEGRO MICROSYSTEMS INC COM	Stock	0.28%	$663,367	21.9K
67	FTNT FORTINET INC COM	Stock	0.28%	$663,028	11.3K
68	IT GARTNER INC COM	Stock	0.28%	$659,523	1.5K
69	VWOB VANGUARD EMERGING MARKETS GOVERNMENT BOND ETF	ETF	0.28%	$656,561	10.3K
70	HYS PIMCO 0-5 YEAR HIGH YIELD CORPORATE BOND INDEX ETF	ETF	0.28%	$654,259	7.0K
71	SOFI SOFI TECHNOLOGIES INC COM	Stock	0.28%	$650,153	65.3K
72	HPQ HP INC COM	Stock	0.26%	$623,344	20.7K
73	RUN SUNRUN INC COM	Stock	0.26%	$621,604	31.7K
74	OXY OCCIDENTAL PETE CORP COM	Stock	0.26%	$618,372	10.4K
75	DBX DROPBOX INC CL A	Stock	0.25%	$598,267	20.3K
76	BND VANGUARD TOTAL BOND MARKET ETF	ETF	0.25%	$580,236	7.9K
77	KOMP SPDR S&P KENSHO NEW ECONOMIES COMPOSITE ETF	ETF	0.25%	$578,660	12.4K
78	INTC INTEL CORP COM	Stock	0.24%	$566,797	11.3K
79	DVA DAVITA INC COM	Stock	0.24%	$560,780	5.4K
80	IQ HEDGE MULTI-STRATEGY TRACKER ETF	ETF	0.23%	$544,991	18.1K
81	HOLOGIC INC COM	Stock	0.23%	$532,874	7.5K
82	GSY INVESCO ULTRA SHORT DURATION ETF	ETF	0.22%	$521,504	10.5K
83	VEA VANGUARD FTSE DEVELOPED MARKETS ETF	ETF	0.21%	$505,585	10.6K
84	SPDR S&P GLOBAL NATURAL RESOURCES ETF	ETF	0.20%	$472,744	8.3K
85	VDE VANGUARD ENERGY ETF	ETF	0.20%	$465,719	4.0K
86	NOW SERVICENOW INC COM	Stock	0.20%	$459,925	651
87	VUG VANGUARD GROWTH ETF	ETF	0.19%	$456,683	1.5K
88	EA ELECTRONIC ARTS INC COM	Stock	0.18%	$432,743	3.2K
89	SPG SIMON PPTY GROUP INC NEW COM	REIT	0.18%	$415,589	2.9K
90	QYLD GLOBAL X NASDAQ 100 COVERED CALL ETF	ETF	0.17%	$406,727	23.5K
91	XME SPDR S&P METALS & MINING ETF	ETF	0.17%	$405,767	6.8K
92	DEM WISDOMTREE EMERGING MARKETS HIGH DIVIDEND FUND	ETF	0.17%	$404,278	9.9K
93	SPYG SPDR PORTFOLIO S&P 500 GROWTH ETF	ETF	0.17%	$398,325	6.1K
94	VYM VANGUARD HIGH DIVIDEND YIELD INDEX ETF	ETF	0.16%	$379,470	3.4K
95	AOR ISHARES CORE GROWTH ALLOCATION ETF	ETF	0.16%	$370,479	7.0K
96	XLRE REAL ESTATE SELECT SECTOR SPDR FUND	ETF	0.16%	$368,151	9.2K
97	VGSH VANGUARD SHORT-TERM TREASURY ETF	ETF	0.16%	$365,379	6.3K
98	XMLV INVESCO S&P MIDCAP LOW VOLATILITY ETF	ETF	0.15%	$355,402	6.7K
99	IWV ISHARES RUSSELL 3000 ETF	ETF	0.15%	$353,206	1.3K
100	PGX INVESCO PREFERRED ETF	ETF	0.15%	$351,613	30.7K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$23M	268	May 15, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$391M	637	Feb 11, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$384M	613	Nov 26, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$337M	126	Jul 8, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$288M	113	May 8, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$296M	110	Jan 23, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$279M	119	Oct 17, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$252M	119	Jul 11, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$260M	126	Apr 3, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$235M	150	Feb 13, 2024	RESTATEMENT	changes · EDGAR ↗
Q3 2023	$212M	141	Nov 13, 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 ↗.