DFPG INVESTMENTS, LLC

CIK

1504665

Location

SANDY, UT

Portfolio Value

Small $803,830,878

Diversification

Diversified

Files via

TOWNSQUARE CAPITAL LLC

Filing Date

Global Rank

#1,705 / 7,395 ▼ 257 · as of Dec 2023

Top Industry

Semiconductors 10.3%

3Y Alpha vs SPY

+116.8%

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

+109.6%

SPY

+24.7%

Annualised alpha

+108.4%

Max drawdown

−7.6%

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

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

Top Position

6.6%

−9.0 pts

Top 5

22.7%

−5.7 pts

Top 10

32.6%

−5.6 pts

HHI

164

Diversified−172

Portfolio Trend

16 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2023

Sector	% Portfolio	Value	Positions
Technology	30.2%	$242,387,638	60
Financial Services	13.7%	$110,169,859	71
Healthcare	10.4%	$83,935,296	48
Consumer Cyclical	9.3%	$74,759,814	34
Communication Services	7.9%	$63,804,132	12
Consumer Defensive	6.4%	$51,272,120	32
Energy	6.2%	$49,996,635	24
Unclassified	6.0%	$48,254,072	20
Industrials	5.8%	$46,890,585	52
Basic Materials	1.5%	$12,365,796	13
Real Estate	1.3%	$10,517,870	16
Utilities	1.2%	$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
BILL	BILL Holdings, Inc.	+86,912	100,031	$8,161,529
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
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
RTX	RTX Corp	+10,950	35,233	$2,964,504
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
BBVA	Banco Bilbao Vizcaya Argentaria, S.A.	+7,655	76,979	$701,278
VXUS	Vanguard Total International Stock ETF	+7,421	52,929	$3,067,764
ASX	ASE Technology Holding Co., Ltd.	+7,025	67,125	$631,646
JPM	Jpmorgan Chase & Co	+6,315	51,506	$8,761,170
DHR	Danaher Corp /De/	+6,124	8,382	$1,939,091
MUFG	Mitsubishi Ufj Financial Group Inc	+5,783	84,109	$724,178
NKE	NIKE, Inc.	+5,703	42,042	$4,564,499
CX	Cemex Sab De CV	+5,291	89,640	$694,710
V	Visa Inc.	+5,291	31,972	$8,323,910
AMGN	Amgen Inc	+4,415	10,859	$3,127,609
TSLA	Tesla, Inc.	+4,392	26,340	$6,544,963
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BIL	State Street SPDR Bloomberg 1-3 Month T-Bill ETF	−298,039	19,157	$1,750,758
OWL	Blue Owl Capital Inc.	−210,492	391,221	$5,829,192
VB	Vanguard Morningstar Small-Cap ETF	−79,189	3,853	$821,960
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
STT	State Street Corp	−18,462	10,726	$830,835
AMCR	Amcor plc	−17,143	201,639	$1,943,799
ET	Energy Transfer LP	−16,972	766,893	$10,583,123
EDV	Vanguard World Funds Extended Duration ETF	−14,256	13,075	$1,059,467
CAT	Caterpillar Inc	−14,160	2,589	$765,489
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
XLB	State Street Materials Select Sector SPDR ETF	−7,401	9,577	$819,216
GLW	Corning Inc /Ny	−7,129	21,649	$659,212
VIG	Vanguard Dividend Appreciation ETF	−6,137	1,869	$318,477
PM	Philip Morris International Inc.	−6,103	58,247	$5,479,877
MDLZ	Mondelez International, Inc.	−4,169	21,991	$1,592,808
F	Ford Motor Co	−4,041	56,756	$691,855
DVN	Devon Energy Corp/De	−4,018	9,202	$416,850
RMT	Royce Micro-Cap Trust, Inc.	−3,700	71,226	$658,128
NFJ	Virtus Dividend, Interest & Premium Strategy Fund	−3,600	39,574	$498,632
BRSP	BrightSpire Capital, Inc.	−3,348	25,652	$190,850
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
XYZ	Block, Inc.	8,578	$663,508
LOGI	Logitech International S.A.	6,270	$596,026
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
BLDR	Builders FirstSource, Inc.	1,530	$255,418
RGEN	Repligen Corp	1,408	$253,158
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
AAXJ	iShares MSCI All Country Asia ex Japan ETF	2,504,699	$163,846,081
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	809,159	$33,814,287
XLBI	State Street Materials Select Sector SPDR Premium Income ETF	310,871	$16,925,348
CWI	State Street SPDR MSCI ACWI ex-US ETF	396,203	$12,359,096
ANEW	ProShares MSCI Transformational Changes ETF	180,495	$10,013,493
VEU	Vanguard FTSE All-World Ex-US ETF	192,839	$9,649,697
AGNG	Global X Funds Global X Aging Population ETF	367,724	$8,742,365
BIV	Vanguard Intermediate-Term Bond ETF	111,403	$7,822,744
BNDW	Vanguard Total World Bond ETF	124,741	$7,008,160
BDBT	Bluemonte Core Bond ETF	118,186	$5,574,833
DCOR	Dimensional US Core Equity 1 ETF	118,941	$4,485,191
VCRM	Vanguard Core Tax-Exempt Bond ETF	92,401	$4,444,488
VIGI	Vanguard International Dividend Appreciation ETF	46,057	$4,161,256
BKAG	BNY Mellon Core Bond ETF	134,660	$3,605,831
CAAA	First Trust AAA CMBS ETF	60,738	$3,442,368
BAPR	Innovator U.S. Equity Buffer ETF - April	102,496	$3,382,899
BBAG	JPMorgan BetaBuilders U.S. Aggregate Bond ETF	65,476	$3,183,148
FBCG	Fidelity Blue Chip Growth ETF	112,149	$3,076,132
ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	50,436	$2,889,044
AGGY	WisdomTree Yield Enhanced U.S. Aggregate Bond Fund	74,625	$2,578,607
BKF	iShares MSCI BIC ETF	36,074	$2,524,203
AAPR	Innovator Equity Defined Protection ETF - 2 Yr to April 2028	85,675	$2,443,766
ABI	VictoryShares Pioneer Asset-Based Income ETF	16,160	$2,289,710
ILMN	Illumina, Inc.	16,604	$2,279,397
AAAD	PGIM AAA CLO Aggregate Duration ETF	43,961	$2,175,629
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

396 tracked positions · $803,830,878 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 396 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	276,659	+35,592	$53,265,157	+29.1%	6.63%
NVDA	Nvidia Corp Technology	Added	81,195	+2,924	$40,209,387	+18.1%	5.00%
AMZN	Amazon Com Inc Consumer Cyclical	Added	201,055	+25,041	$30,548,296	+36.5%	3.80%
MSFT	Microsoft Corp Technology	Added	80,603	+13,490	$30,309,952	+43.0%	3.77%
GOOGL	Alphabet Inc. Communication Services	Added	203,277	+19,803	$28,509,005	+18.3%	3.55%
AMD	Advanced Micro Devices Inc Technology	Reduced	132,272	-285	$19,498,215	+43.1%	2.43%
META	Meta Platforms, Inc. Communication Services	Added	47,576	+1,342	$16,840,000	+21.3%	2.09%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	24,499	+798	$16,171,299	+20.8%	2.01%
QQQ	Invesco Qqq Trust, Series 1	Added	33,105	+3,233	$13,557,159	+26.7%	1.69%
SCHW	Schwab Charles Corp Financial Services	Added	194,056	+19,447	$13,351,052	+39.3%	1.66%
SPY	Spdr S&P 500 ETF Trust	Added	27,223	+8,049	$12,939,364	+57.9%	1.61%
ET	Energy Transfer LP Energy	Reduced	766,893	-16,972	$10,583,123	−3.8%	1.32%
OXY	Occidental Petroleum Corp /De/ Energy	Added	174,472	+569	$10,417,723	−7.7%	1.30%
ZTS	Zoetis Inc. Healthcare	Reduced	48,248	-235	$9,522,707	+12.9%	1.18%
JNJ	Johnson & Johnson Healthcare	Reduced	56,363	-15	$8,834,336	+0.6%	1.10%
JPM	Jpmorgan Chase & Co Financial Services	Added	51,506	+6,315	$8,761,170	+33.7%	1.09%
PANW	Palo Alto Networks Inc Technology	Added	29,488	+8,153	$8,695,421	+73.8%	1.08%
V	Visa Inc. Financial Services	Added	31,972	+5,291	$8,323,910	+35.6%	1.04%
BILL	BILL Holdings, Inc. Technology	Added	100,031	+86,912	$8,161,529	+473.0%	1.02%
OPBK	OP Bancorp Financial Services	NEW	707,500	NEW	$7,747,125	NEW	0.96%
TSLA	Tesla, Inc. Consumer Cyclical	Added	26,340	+4,392	$6,544,963	+19.2%	0.81%
CVX	Chevron Corp Energy	Reduced	42,787	-169	$6,382,108	−11.9%	0.79%
HQY	Healthequity, Inc. Healthcare	Reduced	96,102	-1,060	$6,371,562	−10.2%	0.79%
AVGO	Broadcom Inc. Technology	Added	5,575	+86	$6,223,093	+36.5%	0.77%
SNOW	Snowflake Inc. Technology	Added	29,902	+201	$5,950,498	+31.1%	0.74%
LMT	Lockheed Martin Corp Industrials	Added	13,108	+1,934	$5,941,069	+30.0%	0.74%
QCOM	Qualcomm Inc/De Technology	Added	40,624	+1,304	$5,875,449	+34.5%	0.73%
GLD	Spdr Gold Trust	Reduced	30,679	-2,759	$5,864,904	+2.3%	0.73%
OWL	Blue Owl Capital Inc. Financial Services	Reduced	391,221	-210,492	$5,829,192	−25.2%	0.73%
UNH	Unitedhealth Group Inc Healthcare	Added	10,656	+180	$5,610,064	+6.2%	0.70%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	58,247	-6,103	$5,479,877	−8.0%	0.68%
CRM	Salesforce, Inc. Technology	Added	20,561	+31	$5,410,421	+30.0%	0.67%
VZ	Verizon Communications Inc Communication Services	Added	142,497	+2,522	$5,372,136	+18.4%	0.67%
ROST	Ross Stores, Inc. Consumer Cyclical	Reduced	38,201	-108	$5,286,636	+22.2%	0.66%
ADBE	Adobe Inc. Technology	Added	8,711	+336	$5,196,982	+21.7%	0.65%
VAL	Valaris Ltd Energy	NEW	75,536	NEW	$5,179,503	NEW	0.64%
CSCO	Cisco Systems, Inc. Technology	Reduced	100,551	-1,948	$5,079,836	−7.8%	0.63%
ACN	Accenture plc Technology	Added	13,875	+333	$4,868,876	+17.1%	0.61%
ABBV	AbbVie Inc. Healthcare	Added	31,219	+629	$4,838,008	+6.1%	0.60%
NKE	NIKE, Inc. Consumer Cyclical	Added	42,042	+5,703	$4,564,499	+31.4%	0.57%
MA	Mastercard Inc Financial Services	Added	10,462	+311	$4,462,147	+11.0%	0.56%
NOW	ServiceNow, Inc. Technology	Added	6,302	+429	$4,452,299	+35.6%	0.55%
XOM	ExxonMobil Holdings Corp Energy	Reduced	44,265	-1,817	$4,425,614	−18.3%	0.55%
MDT	Medtronic plc Healthcare	Added	53,045	+142	$4,369,847	+5.4%	0.54%
IAU	Ishares Gold Trust	Reduced	111,400	-1,057	$4,347,942	+10.5%	0.54%
BAC	Bank Of America Corp /De/ Financial Services	Added	124,406	+12,717	$4,188,750	+37.0%	0.52%
UPS	United Parcel Service Inc Industrials	Added	25,270	+69	$3,973,202	+1.1%	0.49%
BX	Blackstone Inc. Financial Services	Added	30,322	+1,107	$3,969,756	+26.8%	0.49%
MCD	Mcdonalds Corp Consumer Cyclical	Added	13,190	+259	$3,910,966	+14.8%	0.49%
IBM	International Business Machines Corp Technology	Added	23,523	+357	$3,847,186	+18.4%	0.48%

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.