Q3 Asset Management 13F annual report

Q3 Asset Management is an investment fund managing more than $441 million ran by Bruce Greig. There are currently 48 companies in Mr. Greig’s portfolio. The largest investments include Invesco NASDAQ 100 ETF and Invesco Qqq Trust Series, together worth $238 million.

Limited to 30 biggest holdings

$441 million Assets Under Management (AUM)

As of 23rd July 2024, Q3 Asset Management’s top holding is 677,188 shares of Invesco NASDAQ 100 ETF currently worth over $129 million and making up 29.3% of the portfolio value. Relative to the number of outstanding shares of Invesco NASDAQ 100 ETF, Q3 Asset Management owns less than approximately 0.1% of the company. In addition, the fund holds 235,716 shares of Invesco Qqq Trust Series worth $109 million. The third-largest holding is Q3 All Season Active Rotation Etf worth $28.1 million and the next is Ishares Tr Barclays 20 Yr Treas Bd Etf worth $18 million, with 193,014 shares owned.

Currently, Q3 Asset Management's portfolio is worth at least $441 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Q3 Asset Management

The Q3 Asset Management office and employees reside in Birmingham, Michigan. According to the last 13-F report filed with the SEC, Bruce Greig serves as the VP at Q3 Asset Management.

Recent trades

In the most recent 13F filing, Q3 Asset Management revealed that it had opened a new position in Ishares Tr Barclays 20 Yr Treas Bd Etf and bought 193,014 shares worth $18 million.

The investment fund also strengthened its position in Invesco NASDAQ 100 ETF by buying 407,188 additional shares. This makes their stake in Invesco NASDAQ 100 ETF total 677,188 shares worth $129 million. Invesco NASDAQ 100 ETF dropped approximately 0.1% in the past year.

On the other hand, there are companies that Q3 Asset Management is getting rid of from its portfolio. Q3 Asset Management closed its position in Spdr Ser Tr Sp Homebuidlers Etg on 30th July 2024. It sold the previously owned 149,338 shares for $14 million. Bruce Greig also disclosed a decreased stake in Invesco Qqq Trust Series by 0.5%. This leaves the value of the investment at $109 million and 235,716 shares.

One of the smallest hedge funds

The two most similar investment funds to Q3 Asset Management are Thb Asset Management and Bluecrest Capital Management Ltd. They manage $440 million and $440 million respectively.

Bruce Greig investment strategy

Q3 Asset Management’s portfolio is diversified across 7 sectors. Currently, their heaviest sector is Miscellaneous — making up 29.3% of the total portfolio value. The fund focuses on investments in the United States as 18.8% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 19% of the total holdings value. On the other hand, small-cap stocks make up only 2.1% of the portfolio. The average market cap of the portfolio companies is close to $182 billion.

The complete list of Q3 Asset Management trades based on 13F SEC filings

These positions were updated on July 30th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Invesco NASDAQ 100 ETF	150.81% 677,188	$129,046,000	29.28%
Invesco Qqq Trust Series	45.82% 235,716	$109,336,000	24.81%
Q3 All Season Active Rotation Etf	16.01% 1,014,349	$28,068,000	6.37%
Ishares Tr Barclays 20 Yr Treas Bd Etf	Opened 193,014	$17,950,000	4.07%
Technology Sector Spdr Tr	7.31% 78,616	$17,236,000	3.91%
Schwab Strategic Tr Us Large Cap Growth Etf	42.00% 164,752	$16,344,000	3.71%
Ishares Edge Msci Usa Quality Factor Etf	Opened 95,727	$16,251,000	3.69%
Spdr Ser Tr Sp Homebuidlers Etg	Closed 149,338	$13,988,000
Stf Tactical Growth Income Etf	37.08% 522,706	$12,790,000	2.90%
Schwab Us Reit Etf	168.35% 530,000	$11,299,000	2.56%
Ishares Msci Global Gold	Opened 360,000	$10,756,000	2.44%
Spdr Retail	Closed 143,179	$9,834,000
Imgp Dbi Managed Futures Strat Etf	Opened 199,030	$5,855,000	1.33%
Wisdomtree Tr Bloomberg Us Dollar Bullish Fd	Opened 211,382	$5,717,000	1.30%
Fidelity Covington Tr Msci Utils Index Etf	Opened 115,833	$5,092,000	1.16%
Ishares Edge Msci Usa Momentum Factor Etf	59.80% 25,931	$5,053,000	1.15%
Global X Fds Global X Uranium Etf	Closed 171,736	$5,005,000
Vanguard Small-cap Value Vipers	Closed 25,817	$4,646,000
Spdr Bloomberg Investment Grade Floating Rate Etf	Opened 146,968	$4,533,000	1.03%
Janus Detroit Henderson Aaa Clo Etf	Opened 88,071	$4,481,000	1.02%
Fidelity Covington Tr Msci Finls Index Etf	Closed 76,802	$4,112,000
Ishares Jp Morgan Usd Emerging Mkts Bd Etf	Closed 42,581	$3,766,000
Ishares Broad Usd High Yield Corporate Bond Etf	Closed 103,087	$3,745,000
Indexiq Etf Tr Iq Hedge Multi Strategy Tracker	Closed 123,962	$3,721,000
Vanguard Mun Bd Fds Tax Exempt Bd Index Fd Etf	Closed 73,002	$3,712,000
NVIDIA Corp	Opened 30,096	$3,704,000	0.84%
Amplify Transformational Data Sharing Blockchain Leaders Etf	51.46% 100,747	$3,694,000	0.84%
Vanguard Charlotte Fds Total Intl Bd Index Fd	Opened 68,274	$3,322,000	0.75%
Alphabet Inc Cap Stk Cl C	Opened 17,006	$3,112,000	0.71%
Progressive Corp Of Ohio	Opened 14,585	$3,029,000	0.69%
GE Aerospace	Opened 18,658	$2,966,000	0.67%
First Solar, Inc. - Common Stock	Opened 12,580	$2,833,000	0.64%
Spdr Sp 500 Etf Tr Tr Unit	Opened 4,762	$2,591,000	0.59%
Tesla Inc	Closed 9,949	$2,472,000
Spdr Gold Minishares Trust New	9.45% 48,899	$2,253,000	0.51%
Netflix Com Inc	Closed 4,568	$2,224,000
Microsoft Corporation	Closed 5,659	$2,130,000
Eli Lilly	Closed 3,408	$1,986,000
First Trust Dow Jones Internet Index Fund	Closed 10,025	$1,871,000
Vaneck Semiconductor Etf	112.44% 6,184	$1,597,000	0.36%
Ishares Us Home Construction Etf	Closed 15,081	$1,533,000
Ishares U.s Broker Dealers Securities Exchanges Etf	14.38% 11,994	$1,408,000	0.32%
Ishares Tr Russell Mid-cap Growth Etf	Closed 11,360	$1,186,000
Vanguard Industrials Etf	Closed 5,305	$1,169,000
Invesco Pharmaceuticals Etf	Opened 13,899	$1,144,000	0.26%
Fidelity Covington Tr Msci Indl Index Etf	Opened 13,646	$897,000	0.20%
Fidelity Covington Tr Msci Consumer Discretionary Index Etf	Closed 10,768	$850,000
Vanguard Short Term Corp Bond Index Fund Etf	107.74% 10,819	$837,000	0.19%
First Trust Tcw Opp Fixed Income Etf	Closed 17,184	$764,000
First Trust Tcw Unconstrained Plus Bond Etf	1.84% 29,097	$711,000	0.16%
Spdr Gold Tr Gold Shs	Opened 3,279	$705,000	0.16%
Select Secotr Spdr Trust	43.87% 8,065	$690,000	0.16%
Intel Corp.	Closed 13,475	$674,000
Meta Platforms Inc	80.21% 1,287	$649,000	0.15%
Diamondback Energy Inc	Opened 3,206	$641,000	0.15%
Zscaler Inc	Closed 2,867	$636,000
Constellation Energy Corp	34.93% 3,093	$619,000	0.14%
Micron Technology Inc.	Opened 4,644	$610,000	0.14%
Palo Alto Networks Inc	Closed 2,041	$607,000
Synopsys, Inc.	Closed 1,049	$540,000
Spdr Dow Jones Indl Average Etf Tr Unit Ser 1	74.35% 808	$316,000	0.07%
Ishares Tr Iboxx High Yield Corp Bd Etf	Opened 3,855	$301,000	0.07%
NextEra Energy Inc	Opened 4,135	$292,000	0.07%
3m Co Com	Opened 2,715	$277,000	0.06%
First Trust Vest Us Equity Deep Buffer Etf Aug	No change 7,312	$276,000	0.06%
Cintas Corporation	Opened 390	$273,000	0.06%
Walmart Inc	Opened 4,017	$271,000	0.06%
General Dynamics Corp.	Opened 903	$262,000	0.06%
Ishares Tr Russell 1000 Growth Etf	83.43% 645	$235,000	0.05%
Invesco Leisure And Entertainment Etf	Closed 5,388	$225,000
Vanguard Index Fds Sp 500 Etf Shs New	Opened 422	$211,000	0.05%
Spdr Bloomberg 1-3 Month T-bill Etf	7.50% 2,183	$200,000	0.05%
International Business Machines Corp.	Closed 1,158	$189,000
No transactions found
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