# Julex Capital Management, LLC

> Institutional holdings reported to the SEC as of Q3 2019 on Form 13F. CIK 1657064. Source: https://holderbook.com/funds/1657064-julex-capital-management-llc/

- Reported value: $42.4M
- Positions: 169
- Weight of the ten largest: 82.9%
- Filed: 2019-10-18

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $6.0M | 94,360 | 14.2% | 1 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $3.3M | 56,015 | 7.7% | 3 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $3.3M | 53,032 | 7.7% | 2 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $3.2M | 40,194 | 7.6% | 4 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $3.2M | 49,988 | 7.6% | 4 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.2M | 17,085 | 7.6% | 1 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $3.2M | 115,103 | 7.6% | 4 |
| ISHARES TR | [IYR](https://holderbook.com/stocks/IYR/) | $3.2M | 34,461 | 7.6% | 1 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $3.2M | 65,048 | 7.6% | 3 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $3.2M | 46,002 | 7.6% | 1 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $3.2M | 14,935 | 7.6% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.1M | 7,054 | 4.9% | 4 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $224.0K | 1,976 | 0.5% | 3 |
| SPDR SERIES TRUST | [JNKXXXX](https://holderbook.com/stocks/JNKXXXX/) | $218.0K | 2,009 | 0.5% | 1 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $186.0K | 4,949 | 0.4% | 3 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $152.0K | 1,626 | 0.4% | 4 |
| SPDR SERIES TRUST | [CWB](https://holderbook.com/stocks/CWB/) | $113.0K | 2,146 | 0.3% | 4 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $82.0K | 707 | 0.2% | 4 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $80.0K | 782 | 0.2% | 4 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $76.0K | 675 | 0.2% | 4 |
| POWERSHARES ETF TRUST II | - | $74.0K | 3,261 | 0.2% | 1 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $71.0K | 627 | 0.2% | 4 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $30.0K | 454 | 0.1% | 2 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $29.0K | 125 | 0.1% | 4 |
| COLGATE PALMOLIVE CO | [CL](https://holderbook.com/stocks/CL/) | $27.0K | 364 | 0.1% | 4 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $25.0K | 615 | 0.1% | 1 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $25.0K | 102 | 0.1% | 4 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $21.0K | 141 | 0.0% | 1 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $16.0K | 39 | 0.0% | 4 |
| ISHARES INC | [EWL](https://holderbook.com/stocks/EWL/) | $13.0K | 338 | 0.0% | 3 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $13.0K | 335 | 0.0% | 4 |
| IDEXX LABS INC | [IDXX](https://holderbook.com/stocks/IDXX/) | $12.0K | 44 | 0.0% | 4 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $12.0K | 347 | 0.0% | 3 |
| CLOROX CO DEL | [CLX](https://holderbook.com/stocks/CLX/) | $10.0K | 64 | 0.0% | 1 |
| iShares MSCI Japan | - | $10.0K | 175 | 0.0% | 1 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $10.0K | 253 | 0.0% | 3 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $10.0K | 79 | 0.0% | 4 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $9.0K | 40 | 0.0% | 1 |
| ISHARES INC | [EWA](https://holderbook.com/stocks/EWA/) | $9.0K | 398 | 0.0% | 2 |
| ISHARES MSCI SINGAPORE INDEX FUND | - | $9.0K | 400 | 0.0% | 1 |
| ISHARES INC | [EWN](https://holderbook.com/stocks/EWN/) | $9.0K | 276 | 0.0% | 2 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $9.0K | 64 | 0.0% | 4 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $9.0K | 283 | 0.0% | 1 |
| CBS CORP NEW | [CBS](https://holderbook.com/stocks/CBS/) | $8.0K | 192 | 0.0% | 2 |
| ISHARES MSCI ITALY CAPPED ETF | - | $8.0K | 275 | 0.0% | 1 |
| JOHN HANCOCK EXCHANGE TRADED | [JHML](https://holderbook.com/stocks/JHML/) | $8.0K | 207 | 0.0% | 4 |
| JOHN HANCOCK EXCHANGE TRADED | [JHMT](https://holderbook.com/stocks/JHMT/) | $8.0K | 153 | 0.0% | 4 |
| MASCO CORP | [MAS](https://holderbook.com/stocks/MAS/) | $7.0K | 157 | 0.0% | 4 |
| JOHN HANCOCK EXCHANGE TRADED | [JHMU](https://holderbook.com/stocks/JHMU/) | $6.0K | 173 | 0.0% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $6.0K | 32 | 0.0% | 1 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $6.0K | 66 | 0.0% | 4 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $6.0K | 48 | 0.0% | 4 |
| VORNADO RLTY TR | [VNO](https://holderbook.com/stocks/VNO/) | $6.0K | 97 | 0.0% | 1 |
| ALLEGHANY CORP DEL | [Y](https://holderbook.com/stocks/Y/) | $5.0K | 6 | 0.0% | 1 |
| AMEDISYS INC | [AMED](https://holderbook.com/stocks/AMED/) | $5.0K | 37 | 0.0% | 1 |
| COHEN & STEERS INC | [CNS](https://holderbook.com/stocks/CNS/) | $5.0K | 95 | 0.0% | 2 |
| FACTSET RESH SYS INC | [FDS](https://holderbook.com/stocks/FDS/) | $5.0K | 19 | 0.0% | 1 |
| GAP INC | [GAP](https://holderbook.com/stocks/GAP/) | $5.0K | 274 | 0.0% | 1 |
| HOLLYFRONTIER CORP | [HFC](https://holderbook.com/stocks/HFC/) | $5.0K | 86 | 0.0% | 1 |
| INSPERITY INC | [NSP](https://holderbook.com/stocks/NSP/) | $5.0K | 50 | 0.0% | 1 |
| ISHARES INC | [EWZ](https://holderbook.com/stocks/EWZ/) | $5.0K | 108 | 0.0% | 4 |
| JOHN HANCOCK EXCHANGE TRADED | [JHMS](https://holderbook.com/stocks/JHMS/) | $5.0K | 156 | 0.0% | 2 |
| LAMB WESTON HLDGS INC | [LW](https://holderbook.com/stocks/LW/) | $5.0K | 68 | 0.0% | 3 |
| LENNOX INTL INC | [LII](https://holderbook.com/stocks/LII/) | $5.0K | 20 | 0.0% | 1 |
| Market Vectors Etf TRU | - | $5.0K | 239 | 0.0% | 1 |
| SANTANDER CONSUMER USA HDG I | [SC](https://holderbook.com/stocks/SC/) | $5.0K | 181 | 0.0% | 1 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $5.0K | 41 | 0.0% | 4 |
| VAIL RESORTS INC | [MTN](https://holderbook.com/stocks/MTN/) | $5.0K | 20 | 0.0% | 1 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $4.0K | 77 | 0.0% | 2 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $4.0K | 52 | 0.0% | 1 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $4.0K | 37 | 0.0% | 4 |
| JOHN HANCOCK EXCHANGE TRADED | [JHMF](https://holderbook.com/stocks/JHMF/) | $4.0K | 104 | 0.0% | 4 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $4.0K | 26 | 0.0% | 4 |
| LAM RESEARCH CORP | [LRCXXXXX](https://holderbook.com/stocks/LRCXXXXX/) | $4.0K | 17 | 0.0% | 4 |
| MOLINA HEALTHCARE INC | [MOH](https://holderbook.com/stocks/MOH/) | $4.0K | 33 | 0.0% | 4 |
| SPIRIT AEROSYSTEMS HLDGS INC | [SPR](https://holderbook.com/stocks/SPR/) | $4.0K | 54 | 0.0% | 1 |
| WP CAREY INC | [WPC](https://holderbook.com/stocks/WPC/) | $4.0K | 43 | 0.0% | 2 |
| AKAMAI TECHNOLOGIES INC | [AKAM](https://holderbook.com/stocks/AKAM/) | $3.0K | 29 | 0.0% | 3 |
| AMERICOLD REALTY TRUST INC | [COLD](https://holderbook.com/stocks/COLD/) | $3.0K | 77 | 0.0% | 2 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $3.0K | 22 | 0.0% | 1 |
| HANESBRANDS INC | [HBI](https://holderbook.com/stocks/HBI/) | $3.0K | 206 | 0.0% | 1 |
| ISHARES MSCI UK INDEX FUND | - | $3.0K | 102 | 0.0% | 1 |
| ISHARES INC | [EWQ](https://holderbook.com/stocks/EWQ/) | $3.0K | 98 | 0.0% | 2 |
| ISHARES INC | [EWD](https://holderbook.com/stocks/EWD/) | $3.0K | 90 | 0.0% | 2 |
| ISHARES INC | [EWG](https://holderbook.com/stocks/EWG/) | $3.0K | 106 | 0.0% | 2 |
| JOHN HANCOCK EXCHANGE TRADED | [JHMM](https://holderbook.com/stocks/JHMM/) | $3.0K | 82 | 0.0% | 4 |
| JOHN HANCOCK EXCHANGE TRADED | [JHMC](https://holderbook.com/stocks/JHMC/) | $3.0K | 92 | 0.0% | 4 |
| JOHN HANCOCK EXCHANGE TRADED | [JHMA](https://holderbook.com/stocks/JHMA/) | $3.0K | 100 | 0.0% | 2 |
| LEAR CORP | [LEA](https://holderbook.com/stocks/LEA/) | $3.0K | 28 | 0.0% | 4 |
| MATCH GROUP INC | [MTCH](https://holderbook.com/stocks/MTCH/) | $3.0K | 37 | 0.0% | 1 |
| MEDICAL PROPERTIES TRUST INC | [MPT](https://holderbook.com/stocks/MPT/) | $3.0K | 155 | 0.0% | 2 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $3.0K | 8 | 0.0% | 1 |
| ONEMAIN HLDGS INC | [OMF](https://holderbook.com/stocks/OMF/) | $3.0K | 75 | 0.0% | 1 |
| OSHKOSH CORP | [OSK](https://holderbook.com/stocks/OSK/) | $3.0K | 39 | 0.0% | 1 |
| PRICESMART INC | [PSMT](https://holderbook.com/stocks/PSMT/) | $3.0K | 36 | 0.0% | 1 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $3.0K | 20 | 0.0% | 3 |
| SKYWORKS SOLUTIONS INC | [SWKS](https://holderbook.com/stocks/SWKS/) | $3.0K | 34 | 0.0% | 1 |
| SPIRIT AIRLS INC | [SAVEQ](https://holderbook.com/stocks/SAVEQ/) | $3.0K | 84 | 0.0% | 1 |
| STORE CAP CORP | [STOR](https://holderbook.com/stocks/STOR/) | $3.0K | 91 | 0.0% | 2 |
| WADDELL & REED FINL INC | [WDR](https://holderbook.com/stocks/WDR/) | $3.0K | 162 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2019 | +2.1% | +1.3% | +0.8% | 106% |
| Q2 2019 | +3.6% | +3.7% | -0.2% | 116% |
| Q1 2019 | +12.3% | +13.0% | -0.8% | 103% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2019 | $42.4M | 169 |
| Q2 2019 | $90.7M | 141 |
| Q1 2019 | $115.4M | 147 |
| Q4 2018 | $153.9M | 111 |