# F3Logic, LLC

> Institutional holdings reported to the SEC as of Q4 2022 on Form 13F. CIK 1733777. Source: https://holderbook.com/funds/1733777-f3logic-llc/

- Reported value: $476.0M
- Positions: 186
- Weight of the ten largest: 50.7%
- Filed: 2023-02-14

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 | [AGG](https://holderbook.com/stocks/AGG/) | $30.7M | 316,728 | 6.5% | 17 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $30.6M | 192,369 | 6.4% | 17 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $29.8M | 421,717 | 6.3% | 6 |
| VANGUARD ADMIRAL FDS INC | [VIOV](https://holderbook.com/stocks/VIOV/) | $27.6M | 175,850 | 5.8% | 3 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $26.4M | 645,888 | 5.5% | 4 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $26.3M | 427,020 | 5.5% | 17 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $18.8M | 375,087 | 3.9% | 17 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $18.1M | 364,162 | 3.8% | 4 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $18.1M | 386,682 | 3.8% | 17 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $15.1M | 107,875 | 3.2% | 17 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $15.1M | 185,535 | 3.2% | 17 |
| STARBOARD INVT TR | [AHHX](https://holderbook.com/stocks/AHHX/) | $14.4M | 1,722,822 | 3.0% | 5 |
| STARBOARD INVT TR | [AMAX](https://holderbook.com/stocks/AMAX/) | $13.6M | 1,778,282 | 2.9% | 5 |
| ISHARES TR | [ISCG](https://holderbook.com/stocks/ISCG/) | $12.4M | 343,099 | 2.6% | 3 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $12.0M | 59,678 | 2.5% | 17 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $10.6M | 101,918 | 2.2% | 17 |
| ISHARES U S ETF TR | [LQDH](https://holderbook.com/stocks/LQDH/) | $7.5M | 82,932 | 1.6% | 4 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $6.8M | 31,709 | 1.4% | 17 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $6.2M | 137,510 | 1.3% | 10 |
| PIMCO INCOME STRATEGY FD | [PFL](https://holderbook.com/stocks/PFL/) | $4.8M | 595,899 | 1.0% | 17 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $4.6M | 63,658 | 1.0% | 17 |
| FIRST TR EXCHNG TRADED FD VI | [DJAN](https://holderbook.com/stocks/DJAN/) | $4.2M | 139,873 | 0.9% | 4 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $3.7M | 29,735 | 0.8% | 11 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $3.5M | 24,048 | 0.7% | 17 |
| FIRST TR EXCHANGE-TRADED ALP | [FAD](https://holderbook.com/stocks/FAD/) | $3.4M | 35,744 | 0.7% | 1 |
| PACER FDS TR | [PALC](https://holderbook.com/stocks/PALC/) | $3.0M | 85,947 | 0.6% | 1 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $3.0M | 25,148 | 0.6% | 17 |
| FS KKR CAP CORP | [FSK](https://holderbook.com/stocks/FSK/) | $2.9M | 166,654 | 0.6% | 11 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.7M | 20,722 | 0.6% | 17 |
| STARBOARD INVT TR | [RHTX](https://holderbook.com/stocks/RHTX/) | $2.6M | 200,315 | 0.5% | 5 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $2.5M | 33,471 | 0.5% | 17 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.0M | 18,258 | 0.4% | 17 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $1.9M | 14,234 | 0.4% | 16 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $1.8M | 14,209 | 0.4% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.8M | 21,130 | 0.4% | 17 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $1.8M | 28,766 | 0.4% | 17 |
| SPDR SERIES TRUST | [CWB](https://holderbook.com/stocks/CWB/) | $1.6M | 24,327 | 0.3% | 17 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.6M | 6,506 | 0.3% | 17 |
| PROSHARES TR | [EQRR](https://holderbook.com/stocks/EQRR/) | $1.5M | 29,369 | 0.3% | 4 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.5M | 3,796 | 0.3% | 17 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $1.4M | 41,786 | 0.3% | 10 |
| NUVEEN CR STRATEGIES INCOME | [JQC](https://holderbook.com/stocks/JQC/) | $1.3M | 253,958 | 0.3% | 11 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.2M | 6,492 | 0.2% | 17 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.1M | 2,497 | 0.2% | 11 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.1M | 4,278 | 0.2% | 17 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.1M | 7,427 | 0.2% | 17 |
| ISHARES TR | [IYH](https://holderbook.com/stocks/IYH/) | $1.1M | 3,898 | 0.2% | 11 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $1.1M | 11,098 | 0.2% | 5 |
| BANK MONTREAL MEDIUM | [FNGO](https://holderbook.com/stocks/FNGO/) | $1.1M | 78,000 | 0.2% | 10 |
| GOLDMAN SACHS ETF TR | [GSLC](https://holderbook.com/stocks/GSLC/) | $1.0M | 13,693 | 0.2% | 13 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.0M | 9,210 | 0.2% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.0M | 7,603 | 0.2% | 9 |
| XCEL ENERGY INC | [XEL](https://holderbook.com/stocks/XEL/) | $1.0M | 14,495 | 0.2% | 17 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $992.3K | 12,223 | 0.2% | 2 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $984.4K | 2,574 | 0.2% | 17 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $975.8K | 20,332 | 0.2% | 11 |
| PROSHARES TR | [UPRO](https://holderbook.com/stocks/UPRO/) | $975.7K | 29,772 | 0.2% | 11 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $964.6K | 18,818 | 0.2% | 7 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $964.6K | 24,482 | 0.2% | 17 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $960.9K | 6,777 | 0.2% | 17 |
| CHIMERA INVT CORP | [CIMXXXX](https://holderbook.com/stocks/CIMXXXX/) | $960.5K | 174,641 | 0.2% | 17 |
| NIO INC | [NIO](https://holderbook.com/stocks/NIO/) | $949.7K | 97,400 | 0.2% | 12 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $934.3K | 50,750 | 0.2% | 17 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $926.4K | 1,746 | 0.2% | 11 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $922.3K | 16,187 | 0.2% | 3 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $894.7K | 9,416 | 0.2% | 3 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $882.6K | 9,186 | 0.2% | 9 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $880.6K | 21,320 | 0.2% | 3 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $878.6K | 9,279 | 0.2% | 17 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $872.3K | 11,707 | 0.2% | 17 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $863.7K | 4,779 | 0.2% | 5 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $842.0K | 13,229 | 0.2% | 3 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $829.6K | 3,871 | 0.2% | 11 |
| NUVEEN FLOATING RATE INCOME | [JFR](https://holderbook.com/stocks/JFR/) | $823.8K | 104,018 | 0.2% | 4 |
| STARBOARD INVT TR | [AGOX](https://holderbook.com/stocks/AGOX/) | $800.7K | 39,070 | 0.2% | 7 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $800.2K | 6,804 | 0.2% | 3 |
| SMUCKER J M CO | [SJM](https://holderbook.com/stocks/SJM/) | $793.3K | 5,002 | 0.2% | 3 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $778.8K | 4,959 | 0.2% | 3 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $773.9K | 5,195 | 0.2% | 17 |
| SONOCO PRODS CO | [SON](https://holderbook.com/stocks/SON/) | $762.6K | 12,553 | 0.2% | 3 |
| MANULIFE FINL CORP | [MFC](https://holderbook.com/stocks/MFC/) | $755.5K | 42,351 | 0.2% | 3 |
| FIDELITY NATL FINL INC | [FNF](https://holderbook.com/stocks/FNF/) | $751.9K | 19,984 | 0.2% | 3 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $745.1K | 4,283 | 0.2% | 3 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $729.6K | 8,341 | 0.2% | 11 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $729.4K | 6,308 | 0.2% | 3 |
| LYONDELLBASELL INDUSTRIES NV | [LYB](https://holderbook.com/stocks/LYB/) | $725.7K | 8,733 | 0.2% | 3 |
| EDISON INTL | [EIX](https://holderbook.com/stocks/EIX/) | $722.2K | 11,344 | 0.2% | 3 |
| MEDICAL PROPERTIES TRUST INC | [MPT](https://holderbook.com/stocks/MPT/) | $719.7K | 64,601 | 0.2% | 1 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $719.2K | 16,715 | 0.2% | 1 |
| TOYOTA MOTOR CORP | [TM](https://holderbook.com/stocks/TM/) | $717.8K | 5,253 | 0.2% | 3 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $716.5K | 8,247 | 0.2% | 17 |
| NATIONAL GRID PLC | [NGG](https://holderbook.com/stocks/NGG/) | $706.8K | 11,717 | 0.1% | 3 |
| STARBOARD INVT TR | [RHRX](https://holderbook.com/stocks/RHRX/) | $702.8K | 60,059 | 0.1% | 5 |
| WALGREENS BOOTS ALLIANCE INC | [WBA](https://holderbook.com/stocks/WBA/) | $701.4K | 18,775 | 0.1% | 3 |
| HANESBRANDS INC | [HBI](https://holderbook.com/stocks/HBI/) | $678.6K | 106,710 | 0.1% | 3 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $668.7K | 10,195 | 0.1% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $657.2K | 1,890 | 0.1% | 17 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $647.4K | 4,666 | 0.1% | 17 |
| KRANESHARES TR | [KLCD](https://holderbook.com/stocks/KLCD/) | $637.1K | 22,087 | 0.1% | 14 |
| PACER FDS TR | [PTBD](https://holderbook.com/stocks/PTBD/) | $617.6K | 30,712 | 0.1% | 13 |

## 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 |
|---|---|---|---|---|
| Q4 2022 | +6.4% | +7.1% | -0.7% | 100% |
| Q3 2022 | -6.0% | -5.3% | -0.6% | 97% |
| Q2 2022 | -13.5% | -16.5% | +3.0% | 95% |
| Q1 2022 | -5.9% | -4.9% | -1.0% | 100% |
| Q4 2021 | +4.9% | +10.7% | -5.8% | 98% |
| Q3 2021 | -1.9% | +0.3% | -2.1% | 99% |
| Q2 2021 | +4.5% | +8.0% | -3.5% | 99% |
| Q1 2021 | +3.6% | +6.0% | -2.4% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2022 | $476.0M | 186 |
| Q3 2022 | $479.4M | 180 |
| Q2 2022 | $573.4M | 190 |
| Q1 2022 | $681.4M | 217 |
| Q4 2021 | $855.9M | 234 |
| Q3 2021 | $763.8M | 233 |
| Q2 2021 | $820.4M | 229 |
| Q1 2021 | $700.7M | 239 |
| Q4 2020 | $705.2M | 220 |
| Q3 2020 | $4.0M | 445 |
| Q2 2020 | $541.9M | 168 |
| Q1 2020 | $459.8M | 135 |