# Virginia National Bank

> Institutional holdings reported to the SEC as of Q3 2023 on Form 13F. CIK 1758163. Source: https://holderbook.com/funds/1758163-virginia-national-bank/

- Reported value: $21.9M
- Positions: 35
- Weight of the ten largest: 54.7%
- Filed: 2023-10-19

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 | [IUSV](https://holderbook.com/stocks/IUSV/) | $1.5M | 20,377 | 6.9% | 4 |
| INVESCO EXCH TRD SLF IDX FD | [BSCO](https://holderbook.com/stocks/BSCO/) | $1.4M | 70,111 | 6.6% | 7 |
| PACER FDS TR | [COWZ](https://holderbook.com/stocks/COWZ/) | $1.4M | 27,422 | 6.2% | 4 |
| INVESCO EXCH TRD SLF IDX FD | [BSCP](https://holderbook.com/stocks/BSCP/) | $1.2M | 61,524 | 5.6% | 7 |
| INVESCO EXCHANGE TRADED FD T | [PID](https://holderbook.com/stocks/PID/) | $1.2M | 72,605 | 5.5% | 4 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.2M | 3,709 | 5.3% | 15 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $1.1M | 21,062 | 4.9% | 7 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.1M | 2,686 | 4.8% | 7 |
| INVESCO EXCH TRD SLF IDX FD | [BSCN](https://holderbook.com/stocks/BSCN/) | $1.0M | 47,364 | 4.6% | 7 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $920.9K | 13,015 | 4.2% | 4 |
| INVESCO EXCH TRD SLF IDX FD | [BSCQ](https://holderbook.com/stocks/BSCQ/) | $740.8K | 39,436 | 3.4% | 7 |
| ISHARES TR | [IBML](https://holderbook.com/stocks/IBML/) | $696.2K | 27,275 | 3.2% | 7 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $652.7K | 7,221 | 3.0% | 4 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $645.8K | 6,663 | 2.9% | 5 |
| ISHARES TR | [IBMM](https://holderbook.com/stocks/IBMM/) | $611.9K | 23,817 | 2.8% | 7 |
| INVESCO EXCH TRD SLF IDX FD | [BSCR](https://holderbook.com/stocks/BSCR/) | $596.0K | 31,810 | 2.7% | 7 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $537.2K | 1,251 | 2.5% | 7 |
| ISHARES TR | [IBMN](https://holderbook.com/stocks/IBMN/) | $460.2K | 17,647 | 2.1% | 7 |
| JANUS DETROIT STR TR | [VNLA](https://holderbook.com/stocks/VNLA/) | $412.1K | 8,590 | 1.9% | 4 |
| GLOBAL X FDS | [URA](https://holderbook.com/stocks/URA/) | $398.5K | 14,738 | 1.8% | 2 |
| INVESCO EXCHANGE TRADED FD T | [XLG](https://holderbook.com/stocks/XLG/) | $387.1K | 11,400 | 1.8% | 7 |
| ISHARES TR | [IBMO](https://holderbook.com/stocks/IBMO/) | $338.4K | 13,639 | 1.5% | 7 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $329.8K | 2,391 | 1.5% | 7 |
| WISDOMTREE TR | [DLN](https://holderbook.com/stocks/DLN/) | $311.4K | 5,064 | 1.4% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $304.6K | 1,779 | 1.4% | 9 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $304.1K | 4,444 | 1.4% | 7 |
| INVESCO ACTVELY MNGD ETC FD | [PDBC](https://holderbook.com/stocks/PDBC/) | $303.3K | 20,290 | 1.4% | 4 |
| ISHARES TR | [IBMP](https://holderbook.com/stocks/IBMP/) | $302.4K | 12,351 | 1.4% | 7 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $296.0K | 4,295 | 1.4% | 7 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $231.7K | 2,973 | 1.1% | 1 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $226.4K | 600 | 1.0% | 5 |
| ALPS ETF TR | [AMLP](https://holderbook.com/stocks/AMLP/) | $219.7K | 5,206 | 1.0% | 1 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $207.8K | 998 | 0.9% | 7 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $207.5K | 524 | 0.9% | 2 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $203.3K | 1,200 | 0.9% | 4 |

## 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 2023 | -2.0% | -3.6% | +1.5% | 100% |
| Q2 2023 | +2.7% | +8.3% | -5.6% | 100% |
| Q1 2023 | +3.1% | +7.0% | -3.9% | 100% |
| Q4 2022 | +6.6% | +7.1% | -0.5% | 96% |
| Q3 2022 | -5.2% | -5.3% | +0.2% | 100% |
| Q2 2022 | -13.1% | -16.5% | +3.3% | 100% |
| Q4 2020 | +16.7% | +11.6% | +5.1% | 100% |
| Q3 2020 | +4.5% | +8.6% | -4.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2023 | $21.9M | 35 |
| Q2 2023 | $29.0M | 42 |
| Q1 2023 | $28.4M | 39 |
| Q4 2022 | $27.1M | 40 |
| Q3 2022 | $31.3M | 38 |
| Q2 2022 | $63.9M | 60 |
| Q1 2022 | $87.6M | 65 |
| Q3 2020 | $3.6M | 12 |
| Q2 2020 | $3.5M | 13 |
| Q1 2020 | $6.2M | 25 |
| Q4 2019 | $112.9M | 90 |
| Q3 2019 | $123.8M | 92 |