DFPG INVESTMENTS, LLC

CIK

1504665

Location

SANDY, UT

Portfolio Value

Mid $1,270,263,391

Diversification

Diversified

Files via

TOWNSQUARE CAPITAL LLC

Filing Date

Global Rank

#1,507 / 7,428 ▲ 64 · as of Dec 2023

Top Industry

Semiconductors 10.1%

3Y Alpha vs SPY

+64.2%

Period ended 2 years ago

Filed Jan 10, 2024 · 2y

16 quarters · since Mar 2020

Clone Performance

Sep 2023–Jul 2024 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+76.4%

SPY

+25.5%

Annualised alpha

+64.2%

Max drawdown

−7.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Captured split ratios restate closes onto one basis; only an unusable ratio can exclude earlier closes for that listing. It tracks 100% of reported value on average across 3 quarters.DFPG INVESTMENTS, LLC has stopped filing, so the simulation ends in Jul 2024 — where its last reported portfolio went stale — rather than trading that portfolio forward to today. Past performance does not predict future results.

Portfolio Concentration

451 tracked positions · as of Dec 31, 2023 · Δ vs Sep 30, 2023

Top Position

15.6%

−0.1 pts

Top 5

28.5%

−0.0 pts

Top 10

38.2%

−0.0 pts

HHI

336

Diversified−0

Portfolio Trend

16 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2023

Sector	% Portfolio	Value	Positions
Unclassified	39.0%	$495,580,272	73
Technology	19.1%	$242,387,638	60
Financial Services	10.2%	$129,276,172	72
Healthcare	6.6%	$83,935,296	48
Consumer Cyclical	5.9%	$74,759,814	34
Communication Services	5.0%	$63,804,132	12
Consumer Defensive	4.0%	$51,272,120	32
Energy	3.9%	$49,996,635	25
Industrials	3.7%	$46,890,585	52
Basic Materials	1.0%	$12,365,796	13
Real Estate	0.8%	$10,517,870	16
Utilities	0.7%	$9,477,061	14

Last Quarter's Activity

Export CSV

Dec 31, 2023 vs Sep 30, 2023

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IVZ	Invesco Ltd.	+754,732	856,660	$18,176,127
AAXJ	iShares MSCI All Country Asia ex Japan ETF	+342,371	2,847,070	$197,921,803
BIV	Vanguard Intermediate-Term Bond ETF	+185,667	297,070	$21,869,557
BKF	iShares MSCI BIC ETF	+159,980	196,054	$8,731,261
AGNG	Global X Funds Global X Aging Population ETF	+109,000	476,724	$10,738,344
BILL	BILL Holdings, Inc.	+86,912	100,031	$8,161,529
BNDW	Vanguard Total World Bond ETF	+74,299	199,040	$13,622,878
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	+48,385	857,544	$39,512,764
ABI	VictoryShares Pioneer Asset-Based Income ETF	+36,872	53,032	$5,272,055
AAPL	Apple Inc.	+35,592	276,659	$53,265,157
AMZN	Amazon Com Inc	+25,041	201,055	$30,548,296
SOFI	SoFi Technologies, Inc.	+24,937	321,940	$3,203,303
GOOGL	Alphabet Inc.	+19,803	203,277	$28,509,005
SCHW	Schwab Charles Corp	+19,447	194,056	$13,351,052
PBR	Petrobras - Petroleo Brasileiro SA	+14,164	37,734	$602,611
GBIL	Goldman Sachs Access Treasury 0-1 Year ETF	+13,860	21,060	$975,288
MSFT	Microsoft Corp	+13,490	80,603	$30,309,952
CVS	CVS HEALTH Corp	+12,848	30,201	$2,384,670
BAC	Bank Of America Corp /De/	+12,717	124,406	$4,188,750
CWI	State Street SPDR MSCI ACWI ex-US ETF	+11,932	408,135	$13,929,203
RTX	RTX Corp	+10,950	35,233	$2,964,504
BKAG	BNY Mellon Core Bond ETF	+9,917	144,577	$4,370,895
GGAL	Grupo Financiero Galicia SA	+8,224	24,737	$427,207
PANW	Palo Alto Networks Inc	+8,153	29,488	$8,695,421
SPY	Spdr S&P 500 ETF Trust	+8,049	27,223	$12,939,364
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
OWL	Blue Owl Capital Inc.	−210,492	391,221	$5,829,192
ANEW	ProShares MSCI Transformational Changes ETF	−144,923	35,572	$2,794,869
XLBI	State Street Materials Select Sector SPDR Premium Income ETF	−88,415	222,456	$12,782,793
AGGY	WisdomTree Yield Enhanced U.S. Aggregate Bond Fund	−60,383	14,242	$1,027,663
C	Citigroup Inc	−50,049	15,504	$797,525
PFE	Pfizer Inc	−45,377	53,539	$1,541,387
BABA	Alibaba Group Holding Ltd	−41,355	9,895	$766,961
AOD	abrdn Total Dynamic Dividend Fund	−24,495	69,774	$562,378
BUYZ	Franklin Disruptive Commerce ETF	−20,621	13,895	$500,030
HYSA	BondBloxx USD High Yield Bond Sector Rotation ETF	−17,627	18,675	$937,485
AMCR	Amcor plc	−17,143	201,639	$1,943,799
ET	Energy Transfer LP	−16,972	766,893	$10,583,123
DCOR	Dimensional US Core Equity 1 ETF	−16,132	102,809	$4,256,039
BIL	State Street SPDR Bloomberg 1-3 Month T-Bill ETF	−14,212	302,984	$23,024,710
CAT	Caterpillar Inc	−14,160	2,589	$765,489
VCHY	Vanguard U.S. High-Yield Corporate Bond Index ETF	−10,553	5,914	$280,855
GNL	Global Net Lease, Inc.	−10,509	23,021	$229,058
T	At&T Inc.	−10,366	61,029	$1,024,066
CSX	Csx Corp	−10,282	26,803	$929,260
CVY	Invesco Zacks Multi-Asset Income ETF	−8,757	38,757	$1,452,999
XLB	State Street Materials Select Sector SPDR ETF	−7,401	9,577	$819,216
GLW	Corning Inc /Ny	−7,129	21,649	$659,212
BDBT	Bluemonte Core Bond ETF	−6,929	111,257	$5,370,375
PM	Philip Morris International Inc.	−6,103	58,247	$5,479,877
MDLZ	Mondelez International, Inc.	−4,169	21,991	$1,592,808
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
OPBK	OP Bancorp	707,500	$7,747,125
VAL	Valaris Ltd	75,536	$5,179,503
VRTX	Vertex Pharmaceuticals Inc / Ma	4,347	$1,768,750
FANG	Diamondback Energy, Inc.	9,825	$1,523,661
BKNG	Booking Holdings Inc.	359	$1,273,451
IQV	Iqvia Holdings Inc.	5,026	$1,162,915
BIDU	Baidu, Inc.	8,753	$1,042,394
AXP	American Express Co	4,891	$916,279
EWBC	East West Bancorp Inc	11,951	$859,874
NI	Nisource Inc.	26,914	$714,566
AAAP	Pacer Barings CLO Market Flex ETF	13,723	$713,458
XYZ	Block, Inc.	8,578	$663,508
LOGI	Logitech International S.A.	6,270	$596,026
ACSG	American Century Small Cap Growth Insights ETF	6,625	$594,925
HRL	Hormel Foods Corp /De/	17,856	$573,356
SPG	Simon Property Group Inc.	3,804	$542,602
IP	International Paper Co /New/	14,795	$534,839
E	Eni Spa	14,535	$494,335
VIV	Telefonica Brasil S.A.	43,731	$478,417
SMFG	Sumitomo Mitsui Financial Group, Inc.	48,206	$466,634
LEN	Lennar Corp /New/	2,118	$315,666
NVT	nVent Electric plc	5,085	$300,472
KHC	Kraft Heinz Co	7,915	$292,696
PODD	Insulet Corp	1,205	$261,460
CALX	Calix, Inc	5,885	$257,115
No positions match the current search.

Sold Out

Positions the filer fully exited

17 positions

Ticker	Company	Shares	Value
ILMN	Illumina, Inc.	16,604	$2,279,397
CPA	Copa Holdings, S.A.	4,797	$427,508
STM	STMicroelectronics N.V.	9,084	$392,065
USA	Liberty All Star Equity Fund	47,921	$283,692
FSCO	FS Credit Opportunities Corp.	48,264	$261,590
ADM	Archer-Daniels-Midland Co	3,376	$254,617
BTO	John Hancock Financial Opportunities Fund	9,670	$253,934
DRD	Drdgold Ltd	28,498	$236,533
IBKR	Interactive Brokers Group, Inc.	2,702	$233,885
HPE	Hewlett Packard Enterprise Co	12,693	$220,477
AMX	America Movil Sab De Cv/	11,246	$194,780
MPWR	Monolithic Power Systems, Inc.	419	$193,578
CYRX	Cryoport, Inc.	10,335	$141,692
VOD	Vodafone Group Public Ltd Co	14,013	$132,843
TSQ	Townsquare Media, Inc.	10,800	$94,176
—		11,834	$0
—		1,002	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

451 tracked positions · $1,270,263,391 total · filing declares 621 positions · $1,281,414,928 · 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 451 positions by value · page 1 of 10

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAXJ	iShares MSCI All Country Asia ex Japan ETF	Added	2,847,070	+342,371	$197,921,803	+20.8%	15.58%
AAPL	Apple Inc. Technology	Added	276,659	+35,592	$53,265,157	+29.1%	4.19%
NVDA	Nvidia Corp Technology	Added	81,195	+2,924	$40,209,387	+18.1%	3.17%
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	Added	857,544	+48,385	$39,512,764	+16.9%	3.11%
AMZN	Amazon Com Inc Consumer Cyclical	Added	201,055	+25,041	$30,548,296	+36.5%	2.40%
MSFT	Microsoft Corp Technology	Added	80,603	+13,490	$30,309,952	+43.0%	2.39%
GOOGL	Alphabet Inc. Communication Services	Added	203,277	+19,803	$28,509,005	+18.3%	2.24%
BIL	State Street SPDR Bloomberg 1-3 Month T-Bill ETF	Reduced	302,984	-14,212	$23,024,710	−8.2%	1.81%
BIV	Vanguard Intermediate-Term Bond ETF	Added	297,070	+185,667	$21,869,557	+179.6%	1.72%
VB	Vanguard Morningstar Small-Cap ETF	Added	87,529	+4,487	$20,559,515	+17.1%	1.62%
AMD	Advanced Micro Devices Inc Technology	Reduced	132,272	-285	$19,498,215	+43.1%	1.53%
IVZ	Invesco Ltd. Financial Services	Added	856,660	+754,732	$18,176,127	+811.2%	1.43%
META	Meta Platforms, Inc. Communication Services	Added	47,576	+1,342	$16,840,000	+21.3%	1.33%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	24,499	+798	$16,171,299	+20.8%	1.27%
CWI	State Street SPDR MSCI ACWI ex-US ETF	Added	408,135	+11,932	$13,929,203	+12.7%	1.10%
BNDW	Vanguard Total World Bond ETF	Added	199,040	+74,299	$13,622,878	+94.4%	1.07%
QQQ	Invesco Qqq Trust, Series 1	Added	33,105	+3,233	$13,557,159	+26.7%	1.07%
SCHW	Schwab Charles Corp Financial Services	Added	194,056	+19,447	$13,351,052	+39.3%	1.05%
SPY	Spdr S&P 500 ETF Trust	Added	27,223	+8,049	$12,939,364	+57.9%	1.02%
XLBI	State Street Materials Select Sector SPDR Premium Income ETF	Reduced	222,456	-88,415	$12,782,793	−24.5%	1.01%
AGNG	Global X Funds Global X Aging Population ETF	Added	476,724	+109,000	$10,738,344	+22.8%	0.85%
ET	Energy Transfer LP Energy	Reduced	766,893	-16,972	$10,583,123	−3.8%	0.83%
VEU	Vanguard FTSE All-World Ex-US ETF	Added	195,891	+3,052	$10,429,522	+8.1%	0.82%
OXY	Occidental Petroleum Corp /De/ Energy	Added	174,472	+569	$10,417,723	−7.7%	0.82%
ZTS	Zoetis Inc. Healthcare	Reduced	48,248	-235	$9,522,707	+12.9%	0.75%
JNJ	Johnson & Johnson Healthcare	Reduced	56,363	-15	$8,834,336	+0.6%	0.70%
JPM	Jpmorgan Chase & Co Financial Services	Added	51,506	+6,315	$8,761,170	+33.7%	0.69%
BKF	iShares MSCI BIC ETF	Added	196,054	+159,980	$8,731,261	+245.9%	0.69%
PANW	Palo Alto Networks Inc Technology	Added	29,488	+8,153	$8,695,421	+73.8%	0.68%
V	Visa Inc. Financial Services	Added	31,972	+5,291	$8,323,910	+35.6%	0.66%
BILL	BILL Holdings, Inc. Technology	Added	100,031	+86,912	$8,161,529	+473.0%	0.64%
OPBK	OP Bancorp Financial Services	NEW	707,500	NEW	$7,747,125	NEW	0.61%
TSLA	Tesla, Inc. Consumer Cyclical	Added	26,340	+4,392	$6,544,963	+19.2%	0.52%
CVX	Chevron Corp Energy	Reduced	42,787	-169	$6,382,108	−11.9%	0.50%
HQY	Healthequity, Inc. Healthcare	Reduced	96,102	-1,060	$6,371,562	−10.2%	0.50%
AVGO	Broadcom Inc. Technology	Added	5,575	+86	$6,223,093	+36.5%	0.49%
SNOW	Snowflake Inc. Technology	Added	29,902	+201	$5,950,498	+31.1%	0.47%
LMT	Lockheed Martin Corp Industrials	Added	13,108	+1,934	$5,941,069	+30.0%	0.47%
QCOM	Qualcomm Inc/De Technology	Added	40,624	+1,304	$5,875,449	+34.5%	0.46%
GLD	Spdr Gold Trust	Reduced	30,679	-2,759	$5,864,904	+2.3%	0.46%
OWL	Blue Owl Capital Inc. Financial Services	Reduced	391,221	-210,492	$5,829,192	−25.2%	0.46%
UNH	Unitedhealth Group Inc Healthcare	Added	10,656	+180	$5,610,064	+6.2%	0.44%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	58,247	-6,103	$5,479,877	−8.0%	0.43%
CRM	Salesforce, Inc. Technology	Added	20,561	+31	$5,410,421	+30.0%	0.43%
VZ	Verizon Communications Inc Communication Services	Added	142,497	+2,522	$5,372,136	+18.4%	0.42%
BDBT	Bluemonte Core Bond ETF	Reduced	111,257	-6,929	$5,370,375	−3.7%	0.42%
ROST	Ross Stores, Inc. Consumer Cyclical	Reduced	38,201	-108	$5,286,636	+22.2%	0.42%
ABI	VictoryShares Pioneer Asset-Based Income ETF	Added	53,032	+36,872	$5,272,055	+130.2%	0.42%
ADBE	Adobe Inc. Technology	Added	8,711	+336	$5,196,982	+21.7%	0.41%
VAL	Valaris Ltd Energy	NEW	75,536	NEW	$5,179,503	NEW	0.41%

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.