Sawtooth Solutions, LLC
Filing Date
Global Rank
#787
/ 7,461
▲ 16
· as of Dec 2023
Top Industry
Asset Management
11.1%
Period ended 2 years ago
Filed Jan 29, 2024 · 2y
16 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Unknown
Portfolio style
Measured from the filed 13F common-share book for Dec 31, 2023, never from the firm's own description.
Style
Diversified active
Top 10 weight 42.0%, 34.5 effective positions, active share 51.0% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Low turnover
16.6% over the last four quarters (under 30%)
Horizon
Horizon unknown
The value-weighted holding period is at least 11.1 quarters, but 48.5% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 51.0%; sector active share 36.3% against the combined 13F book's sector weights.
Over time 16 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
1,050 tracked positions · as of Dec 31, 2023 · Δ vs Sep 30, 2023Top Position
10.4%
−0.6 pts
Top 5
31.5%
+1.6 pts
Top 10
42.0%
+2.5 pts
HHI
290
Diversified+6
Portfolio Trend
16 quarters · across all stocks
Sector Breakdown
As of Dec 31, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 48.7% | $1,773,133,329 |
| Technology | 11.8% | $430,773,989 |
| Financial Services | 10.2% | $369,710,235 |
| Healthcare | 9.2% | $336,208,297 |
| Consumer Cyclical | 4.6% | $166,922,608 |
| Industrials | 3.9% | $143,368,343 |
| Communication Services | 3.4% | $124,796,634 |
| Consumer Defensive | 2.7% | $97,909,654 |
| Energy | 2.3% | $84,843,774 |
| Basic Materials | 1.3% | $47,839,610 |
| Utilities | 1.0% | $37,624,131 |
| Real Estate | 0.8% | $27,460,994 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SLV | iShares Silver Trust | +383,336 | 1,845,900 | $40,203,702 | |
| VPL | VANGUARD PACIFIC STOCK INDEX FUND | +222,033 | 243,610 | $17,547,228 | |
| — | +173,115 | 369,763 | $33,792,640 | ||
| IAUX | i-80 Gold Corp. | +150,141 | 182,321 | $320,884 | |
| CGXU | Capital Group International Focus Equity ETF | +146,428 | 552,732 | $13,193,712 | |
| BUFR | FT Vest Laddered Buffer ETF | +80,442 | 256,493 | $6,815,019 | |
| SGOV | iShares 0-3 Month Treasury Bond ETF | +79,066 | 583,689 | $58,526,496 | |
| STPZ | PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund | +68,617 | 427,686 | $21,876,138 | |
| SCHO | Schwab Short-Term U.S. Treasury ETF | +46,689 | 103,972 | $5,037,443 | |
| OILK | ProShares K-1 Free Crude Oil ETF | +44,892 | 103,258 | $4,347,161 | |
| PSLV | Sprott Physical Silver Trust | +43,491 | 310,481 | $2,508,686 | |
| VEU | Vanguard International Equity Index Funds | +42,652 | 57,225 | $3,212,611 | |
| CGGO | Capital Group Global Growth Equity ETF | +37,238 | 430,729 | $11,082,657 | |
| VTEB | VANGUARD TAX-EXEMPT BOND INDEX FUND | +35,314 | 1,392,376 | $71,080,794 | |
| AGG | iShares Core U.S. Aggregate Bond ETF | +33,855 | 36,925 | $3,664,806 | |
| MUB | iShares National Muni Bond ETF | +33,648 | 44,131 | $4,784,241 | |
| IWD | iShares Russell 1000 Value ETF | +29,949 | 107,636 | $17,786,849 | |
| TAK | Takeda Pharmaceutical Co Ltd | +27,947 | 241,462 | $3,445,662 | |
| VV | VANGUARD LARGE-CAP INDEX FUND | +22,267 | 563,696 | $122,970,282 | |
| CSX | Csx Corp | +21,384 | 90,050 | $3,122,033 | |
| SNY | Sanofi | +20,662 | 96,102 | $4,779,152 | |
| BIV | Vanguard Bond Index Funds | +19,450 | 28,767 | $2,197,223 | |
| AAPL | Apple Inc. | +19,169 | 640,436 | $123,303,143 | |
| UGI | Ugi Corp | +17,560 | 102,102 | $2,511,709 | |
| EL | Estee Lauder Companies Inc | +17,353 | 20,183 | $2,951,763 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NOK | Nokia Corp | −302,395 | 33,847 | $115,756 | |
| CEF | Sprott Physical Gold & Silver Trust | −234,718 | 6,018,612 | $115,256,419 | |
| VGSH | VANGUARD SHORT-TERM TREASURY INDEX FUND | −223,443 | 218,516 | $12,746,038 | |
| GSY | Invesco Ultra Short Duration ETF | −184,970 | 162,541 | $8,107,545 | |
| — | −165,425 | 209,608 | $5,659,416 | ||
| VTIP | VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND | −107,917 | 605,718 | $28,765,547 | |
| PHYS | Sprott Physical Gold Trust | −98,401 | 3,943,738 | $62,823,746 | |
| T | At&T Inc. | −76,536 | 239,312 | $4,015,655 | |
| BSV | VANGUARD SHORT-TERM BOND INDEX FUND | −61,587 | 93,593 | $7,208,532 | |
| JPST | JPMorgan Ultra-Short Income ETF | −52,481 | 14,971 | $751,993 | |
| SPDW | State Street(R) SPDR(R) Portfolio Developed World ex-US ETF | −50,713 | 109,882 | $3,737,086 | |
| VALE | Vale S.A. | −35,679 | 79,551 | $1,261,678 | |
| UGP | Ultrapar Holdings Inc | −33,715 | 11,782 | $63,858 | |
| VXUS | Vanguard Total International Stock ETF | −29,229 | 13,545 | $785,068 | |
| SMFG | Sumitomo Mitsui Financial Group, Inc. | −26,963 | 468,009 | $4,530,327 | |
| MXL | Maxlinear, Inc | −26,260 | 16,475 | $391,610 | |
| SOUN | Soundhound Ai, Inc. | −25,327 | 10,094 | $21,399 | |
| PFE | Pfizer Inc | −24,889 | 131,691 | $3,791,383 | |
| VFH | VANGUARD FINANCIALS INDEX FUND | −21,345 | 9,851 | $908,853 | |
| KTOS | Kratos Defense & Security Solutions, Inc. | −21,342 | 124,348 | $2,523,020 | |
| — | −20,810 | 474,111 | $3,105,427 | ||
| SUB | iShares Short-Term National Muni Bond ETF | −19,741 | 4,631 | $488,246 | |
| BTI | British American Tobacco p.l.c. | −18,248 | 43,517 | $1,274,612 | |
| F | Ford Motor Co | −18,040 | 81,415 | $992,448 | |
| OKTA | Okta, Inc. | −17,610 | 15,257 | $1,381,216 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| — | 3,135,973 | $184,238,414 | ||
| FXI | iShares China Large-Cap ETF | 163,816 | $3,936,498 | |
| BG | Bunge Global SA | 34,977 | $3,530,928 | |
| TQQQ | ProShares UltraPro QQQ | 59,500 | $3,016,650 | |
| BNDW | Vanguard Scottsdale Funds | 27,281 | $1,888,118 | |
| INSG | Inseego Corp. | 7,614,830 | $1,675,262 | |
| CALF | Pacer US Small Cap Cash Cows 100 ETF | 33,648 | $1,616,113 | |
| BLV | VANGUARD LONG-TERM BOND INDEX FUND | 18,475 | $1,377,865 | |
| EDV | Vanguard World Fund | 16,677 | $1,351,337 | |
| IVOO | VANGUARD S&P MID-CAP 400 INDEX FUND | 12,740 | $1,197,177 | |
| MOAT | VanEck Morningstar Wide Moat ETF | 14,067 | $1,193,866 | |
| EFV | iShares MSCI EAFE Value ETF | 22,312 | $1,162,455 | |
| BN | BROOKFIELD Corp | 21,536 | $864,025 | |
| HYD | VanEck High Yield Muni ETF | 15,868 | $819,264 | |
| VFC | V F Corp | 38,331 | $720,622 | |
| QS | QuantumScape Corp | 103,449 | $718,970 | |
| BJ | BJ's Wholesale Club Holdings, Inc. | 10,782 | $718,728 | |
| PDD | PDD Holdings Inc. | 4,686 | $685,608 | |
| — | 29,961 | $660,041 | ||
| BXSL | Blackstone Secured Lending Fund | 22,822 | $630,800 | |
| HTGC | Hercules Capital, Inc. | 36,792 | $613,322 | |
| MTUM | iShares MSCI USA Momentum Factor ETF | 3,645 | $571,864 | |
| CPT | Camden Property Trust | 5,613 | $557,314 | |
| ZWS | Zurn Elkay Water Solutions Corp | 18,544 | $545,379 | |
| KAI | Kadant Inc | 1,885 | $528,384 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| — | 165,403 | $3,291,519 | ||
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 159,127 | $2,378,948 | |
| VDC | VANGUARD CONSUMER STAPLES INDEX FUND | 12,798 | $2,337,810 | |
| XME | State Street(R) SPDR(R) S&P(R) Metals & Mining ETF | 31,613 | $1,659,682 | |
| — | 35,199 | $1,602,610 | ||
| — | 7,191 | $1,525,571 | ||
| VPU | VANGUARD UTILITIES INDEX FUND | 11,337 | $1,445,920 | |
| — | 14,218 | $1,331,244 | ||
| RGLD | Royal Gold Inc | 9,462 | $1,006,094 | |
| — | 4,456 | $887,190 | ||
| — | 4,164 | $481,733 | ||
| CUZ | Cousins Properties Inc | 22,372 | $455,717 | |
| CAKE | Cheesecake Factory Inc | 13,081 | $396,354 | |
| CVLT | Commvault Systems Inc | 5,642 | $381,455 | |
| PBH | Prestige Consumer Healthcare Inc. | 6,645 | $380,027 | |
| ATLC | Atlanticus Holdings Corp | 10,760 | $326,135 | |
| TSN | Tyson Foods, Inc. | 6,199 | $312,987 | |
| YUMC | Yum China Holdings, Inc. | 5,389 | $300,275 | |
| ALB | Albemarle Corp | 1,488 | $253,019 | |
| BIO | Bio-Rad Laboratories, Inc. | 676 | $242,312 | |
| ZM | Zoom Communications, Inc. | 3,237 | $226,395 | |
| BAX | Baxter International Inc | 5,991 | $226,100 | |
| BALL | BALL Corp | 4,496 | $223,810 | |
| — | 4,943 | $221,002 | ||
| SPIP | State Street(R) SPDR(R) Portfolio TIPS ETF | 8,610 | $213,872 | |
| No positions match the current search. | ||||
1,050 tracked positions ·
$3,640,591,598 total
· filing declares
1,070 positions · $3,659,579,830
· as of Dec 31, 2023
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 1,050 positions by value
· page 1 of 21
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
|
|
NEW | 3,135,973 | $184,238,414 | 5.06% | ||
| AAPL |
Apple Inc.
Technology
|
Added | 640,436 | $123,303,143 | 3.39% | |
| VV |
VANGUARD LARGE-CAP INDEX FUND
|
Added | 563,696 | $122,970,282 | 3.38% | |
| CEF |
Sprott Physical Gold & Silver Trust
Financial Services
|
Reduced | 6,018,612 | $115,256,419 | 3.17% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 235,432 | $88,531,849 | 2.43% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Added | 184,768 | $87,822,078 | 2.41% | |
| VTV |
VANGUARD VALUE INDEX FUND
|
Reduced | 555,546 | $83,054,127 | 2.28% | |
| VO |
VANGUARD MID-CAP INDEX FUND
|
Added | 340,242 | $79,153,898 | 2.17% | |
| VTEB |
VANGUARD TAX-EXEMPT BOND INDEX FUND
|
Added | 1,392,376 | $71,080,794 | 1.95% | |
| PHYS |
Sprott Physical Gold Trust
Financial Services
|
Reduced | 3,943,738 | $62,823,746 | 1.73% | |
| SHY |
iShares 1-3 Year Treasury Bond ETF
|
Reduced | 713,977 | $58,574,673 | 1.61% | |
| SGOV |
iShares 0-3 Month Treasury Bond ETF
|
Added | 583,689 | $58,526,496 | 1.61% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Reduced | 123,474 | $53,933,443 | 1.48% | |
| VT |
VANGUARD TOTAL WORLD STOCK INDEX FUND
|
Reduced | 471,911 | $48,550,203 | 1.33% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 284,657 | $43,250,784 | 1.19% | |
| SLV |
iShares Silver Trust
|
Added | 1,845,900 | $40,203,702 | 1.10% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Added | 92,016 | $37,682,392 | 1.04% | |
| IVV |
iShares Core S&P 500 ETF
|
Added | 74,999 | $35,821,772 | 0.98% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 70,837 | $35,079,899 | 0.96% | |
|
|
Added | 369,763 | $33,792,640 | 0.93% | ||
| VTIP |
VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND
|
Reduced | 605,718 | $28,765,547 | 0.79% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Added | 48,079 | $28,026,210 | 0.77% | |
| SCHG |
Schwab U.S. Large-Cap Growth ETF
|
Added | 304,611 | $25,270,528 | 0.69% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 70,329 | $25,083,541 | 0.69% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 174,928 | $24,652,603 | 0.68% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Reduced | 45,837 | $24,131,805 | 0.66% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 62,703 | $22,194,353 | 0.61% | |
| GLD |
Spdr Gold Trust
|
Added | 114,878 | $21,961,227 | 0.60% | |
| STPZ |
PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund
|
Added | 427,686 | $21,876,138 | 0.60% | |
| IJR |
iShares Core S&P Small-Cap ETF
|
Reduced | 201,673 | $21,831,102 | 0.60% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Added | 84,774 | $21,064,643 | 0.58% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 147,528 | $20,608,186 | 0.57% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 118,301 | $18,542,498 | 0.51% | |
| IWD |
iShares Russell 1000 Value ETF
|
Added | 107,636 | $17,786,849 | 0.49% | |
| VPL |
VANGUARD PACIFIC STOCK INDEX FUND
|
Added | 243,610 | $17,547,228 | 0.48% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 111,328 | $17,252,500 | 0.47% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Reduced | 31,547 | $16,744,832 | 0.46% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 14,869 | $16,597,521 | 0.46% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 96,146 | $16,354,434 | 0.45% | |
| BSX |
Boston Scientific Corp
Healthcare
|
Added | 271,382 | $15,688,593 | 0.43% | |
| FYT |
First Trust Small Cap Value AlphaDEX Fund
|
Added | 273,559 | $14,878,874 | 0.41% | |
| SCHM |
Schwab U.S. Mid-Cap ETF
|
Added | 196,912 | $14,831,431 | 0.41% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Reduced | 40,835 | $14,151,369 | 0.39% | |
| IWM |
iShares Russell 2000 ETF
|
Added | 69,875 | $14,024,611 | 0.39% | |
| RSP |
Victory Portfolios II
|
Reduced | 88,741 | $14,003,329 | 0.38% | |
| MCK |
Mckesson Corp
Healthcare
|
Added | 29,508 | $13,661,613 | 0.38% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Reduced | 90,982 | $13,332,502 | 0.37% | |
| CGXU |
Capital Group International Focus Equity ETF
|
Added | 552,732 | $13,193,712 | 0.36% | |
| V |
Visa Inc.
Financial Services
|
Added | 50,384 | $13,117,474 | 0.36% | |
| NVO |
Novo Nordisk A S
Healthcare
|
Added | 126,153 | $13,050,527 | 0.36% |
Showing the top 50 of 1,050 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.