DFPG INVESTMENTS, LLC
Files via
TOWNSQUARE CAPITAL LLC
Filing Date
Global Rank
#1,551
/ 7,461
▲ 90
· as of Dec 2023
Top Industry
Semiconductors
10.0%
Period ended 2 years ago
Filed Jan 10, 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 37.3%, 32.0 effective positions, active share 49.7% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Medium turnover
41.4% over the last four quarters (30% to under 100%)
Horizon
Horizon unknown
The value-weighted holding period is at least 9.4 quarters, but 36.0% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 49.7%; sector active share 27.4% 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
610 tracked positions · as of Dec 31, 2023 · Δ vs Sep 30, 2023Top Position
14.8%
+0.0 pts
Top 5
27.5%
−0.4 pts
Top 10
37.3%
−1.2 pts
HHI
312
Diversified−0
Portfolio Trend
16 quarters · across all stocks
Sector Breakdown
As of Dec 31, 2023| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 39.6% | $509,174,050 |
| Technology | 18.9% | $242,387,638 |
| Financial Services | 10.1% | $129,669,446 |
| Healthcare | 6.5% | $83,935,296 |
| Consumer Cyclical | 5.8% | $74,790,381 |
| Communication Services | 5.0% | $63,804,132 |
| Consumer Defensive | 4.0% | $51,272,888 |
| Energy | 3.9% | $50,165,352 |
| Industrials | 3.7% | $46,890,585 |
| Basic Materials | 1.0% | $12,389,187 |
| Real Estate | 0.8% | $10,517,870 |
| Utilities | 0.7% | $9,477,061 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BKLN | Invesco Ltd. | +691,027 | 778,541 | $16,489,498 | |
| BND | VANGUARD TOTAL BOND MARKET INDEX FUND | +188,985 | 291,289 | $21,424,305 | |
| QYLD | Global X NASDAQ 100 Covered Call ETF | +141,723 | 248,180 | $4,303,441 | |
| IGIB | iShares 5-10 Year Investment Grade Corporate Bond ETF | +125,005 | 130,737 | $6,798,324 | |
| BILL | BILL Holdings, Inc. | +86,912 | 100,031 | $8,161,529 | |
| VCIT | VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND | +78,398 | 88,166 | $7,166,132 | |
| 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 | |
| SPYV | State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF | +19,641 | 320,373 | $14,938,992 | |
| SCHW | Schwab Charles Corp | +19,447 | 194,056 | $13,351,052 | |
| MUB | iShares National Muni Bond ETF | +19,089 | 51,794 | $5,614,987 | |
| SPHY | State Street(R) SPDR(R) Portfolio High Yield Bond ETF | +18,004 | 151,061 | $3,531,806 | |
| GOOGL | Alphabet Inc. | +17,817 | 111,953 | $15,638,714 | |
| IUSB | iShares Core Universal USD Bond ETF | +15,111 | 177,413 | $8,173,416 | |
| PBR | Petrobras - Petroleo Brasileiro SA | +14,164 | 37,734 | $602,611 | |
| GIGB | Goldman Sachs Access Investment Grade Corporate Bond 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 | +12,717 | 124,406 | $4,188,750 | |
| XLRE | State Street(R) Real Estate Select Sector SPDR(R) ETF | +12,665 | 18,567 | $743,794 | |
| SPYG | State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF | +12,172 | 204,552 | $13,308,153 | |
| RTX | RTX Corp | +10,950 | 35,233 | $2,964,504 | |
| SGOV | iShares 0-3 Month Treasury Bond ETF | +10,751 | 15,647 | $1,568,924 | |
| RSP | Victory Portfolios II | +10,149 | 26,309 | $4,151,560 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| OWL | Blue Owl Capital Inc. | −210,492 | 391,221 | $5,829,192 | |
| SH | ProShares Short S&P500 | −154,456 | 15,219 | $197,694 | |
| XLE | State Street(R) Energy Select Sector SPDR(R) ETF | −104,031 | 155,542 | $13,040,641 | |
| 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 | |
| EMC | Global X Emerging Markets Great Consumer ETF | −32,999 | 23,002 | $584,250 | |
| — | −28,622 | 19,157 | $1,750,758 | ||
| FLJP | Franklin FTSE Japan ETF | −25,446 | 9,070 | $253,869 | |
| AOD | abrdn Total Dynamic Dividend Fund | −24,495 | 69,774 | $562,378 | |
| XHLF | BondBloxx Bloomberg Six Month Target Duration US Treasury 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 | $10,751,840 | |
| CAT | Caterpillar Inc | −14,160 | 2,589 | $765,489 | |
| LRGF | iShares U.S. Equity Factor ETF | −12,164 | 48,569 | $2,345,397 | |
| SHY | iShares 1-3 Year Treasury Bond ETF | −11,029 | 67,088 | $5,503,899 | |
| VTIP | VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND | −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 | |
| PRFZ | Invesco RAFI US 1500 Small-Mid ETF | −8,757 | 38,757 | $1,452,999 | |
| INDA | iShares MSCI India ETF | −8,602 | 479,979 | $23,427,774 | |
| DFAT | Dimensional U.S. Targeted Value ETF | −7,211 | 24,998 | $1,308,145 | |
| GLW | Corning Inc | −7,129 | 21,649 | $659,212 | |
| URNM | −6,929 | 111,257 | $5,370,375 | ||
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| OPBK | OP Bancorp | 707,500 | $7,747,125 | |
| EWZ | iShares MSCI Brazil ETF | 153,244 | $5,357,410 | |
| VAL | Valaris Ltd | 75,536 | $5,179,503 | |
| EWU | iShares MSCI United Kingdom ETF | 70,563 | $2,332,107 | |
| VRTX | Vertex Pharmaceuticals Inc | 4,347 | $1,768,750 | |
| FXI | iShares China Large-Cap ETF | 73,063 | $1,755,703 | |
| FANG | Diamondback Energy, Inc. | 9,825 | $1,523,661 | |
| PWZ | Invesco Ltd. | 58,520 | $1,461,829 | |
| BKNG | Booking Holdings Inc. | 359 | $1,273,451 | |
| IQV | Iqvia Holdings Inc. | 5,026 | $1,162,915 | |
| PEJ | Victory Portfolios II | 26,723 | $1,120,495 | |
| 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 | |
| IUSV | iShares Core S&P U.S. Value ETF | 10,016 | $844,649 | |
| NI | Nisource Inc. | 26,914 | $714,566 | |
| COWZ | Pacer US Cash Cows 100 ETF | 13,723 | $713,458 | |
| XYZ | Block, Inc. | 8,578 | $663,508 | |
| MCHI | iShares MSCI China ETF | 15,416 | $628,047 | |
| LOGI | Logitech International S.A. | 6,270 | $596,026 | |
| AVUV | Avantis U.S. Small Cap Value ETF | 6,625 | $594,925 | |
| HRL | Hormel Foods Corp | 17,856 | $573,356 | |
| — | 6,620 | $559,456 | ||
| SPG | Simon Property Group Inc. | 3,804 | $542,602 | |
| IP | International Paper Co | 14,795 | $534,839 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
21 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| ILMN | Illumina, Inc. | 16,604 | $2,279,397 | |
| USDU | WisdomTree Bloomberg U.S. Dollar Bullish Fund | 57,049 | $1,575,693 | |
| USFR | WisdomTree Floating Rate Treasury Fund | 8,579 | $431,695 | |
| CPA | Copa Holdings, S.A. | 4,797 | $427,508 | |
| STM | STMicroelectronics N.V. | 9,084 | $392,065 | |
| IGSB | iShares 1-5 Year Investment Grade Corporate Bond ETF | 6,603 | $329,027 | |
| 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 | |
| — | 1,002 | $232,314 | ||
| 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 | $63,904 | ||
| — | 7,671 | $0 | ||
| No positions match the current search. | ||||
610 tracked positions ·
$1,284,473,886 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 610 positions by value
· page 1 of 13
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AAPL |
Apple Inc.
Technology
|
Added | 276,659 | $53,265,157 | 4.15% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 81,195 | $40,209,387 | 3.13% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 201,055 | $30,548,296 | 2.38% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 80,603 | $30,309,952 | 2.36% | |
| INDA |
iShares MSCI India ETF
|
Reduced | 479,979 | $23,427,774 | 1.82% | |
| IVV |
iShares Core S&P 500 ETF
|
Added | 47,041 | $22,468,192 | 1.75% | |
| BND |
VANGUARD TOTAL BOND MARKET INDEX FUND
|
Added | 291,289 | $21,424,305 | 1.67% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 132,272 | $19,498,215 | 1.52% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 47,576 | $16,840,000 | 1.31% | |
| BKLN |
Invesco Ltd.
Financial Services
|
Added | 778,541 | $16,489,498 | 1.28% | |
| COST |
Costco Wholesale Corp
Consumer Defensive
|
Added | 24,499 | $16,171,299 | 1.26% | |
| STIP |
iShares 0-5 Year TIPS Bond ETF
|
Added | 161,634 | $15,935,496 | 1.24% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 111,953 | $15,638,714 | 1.22% | |
| SPYV |
State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF
|
Added | 320,373 | $14,938,992 | 1.16% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Added | 33,105 | $13,557,159 | 1.06% | |
| SCHW |
Schwab Charles Corp
Financial Services
|
Added | 194,056 | $13,351,052 | 1.04% | |
| SPYG |
State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF
|
Added | 204,552 | $13,308,153 | 1.04% | |
| BKMC |
BNY Mellon US Mid Cap Core Equity ETF
|
Added | 144,577 | $13,112,685 | 1.02% | |
| XLE |
State Street(R) Energy Select Sector SPDR(R) ETF
|
Reduced | 155,542 | $13,040,641 | 1.02% | |
|
|
Reduced | 94,970 | $13,002,342 | 1.01% | ||
| SPY |
Spdr S&P 500 ETF Trust
|
Added | 27,223 | $12,939,364 | 1.01% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Added | 91,324 | $12,870,291 | 1.00% | |
| SPDW |
State Street(R) SPDR(R) Portfolio Developed World ex-US ETF
|
Added | 373,469 | $12,701,680 | 0.99% | |
| ET |
Energy Transfer LP
Energy
|
Reduced | 766,893 | $10,751,840 | 0.84% | |
| OXY |
Occidental Petroleum Corp
Energy
|
Added | 174,472 | $10,417,723 | 0.81% | |
| ZTS |
Zoetis Inc.
Healthcare
|
Reduced | 48,248 | $9,522,707 | 0.74% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 56,363 | $8,834,336 | 0.69% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 51,506 | $8,761,170 | 0.68% | |
| PANW |
Palo Alto Networks Inc
Technology
|
Added | 29,488 | $8,695,421 | 0.68% | |
| V |
Visa Inc.
Financial Services
|
Added | 31,972 | $8,323,910 | 0.65% | |
| IUSB |
iShares Core Universal USD Bond ETF
|
Added | 177,413 | $8,173,416 | 0.64% | |
| BILL |
BILL Holdings, Inc.
Technology
|
Added | 100,031 | $8,161,529 | 0.64% | |
| OPBK |
OP Bancorp
Financial Services
|
NEW | 707,500 | $7,747,125 | 0.60% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Added | 16,912 | $7,387,161 | 0.58% | |
| VCIT |
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND
|
Added | 88,166 | $7,166,132 | 0.56% | |
|
|
Added | 166,847 | $7,037,606 | 0.55% | ||
| VTI |
VANGUARD TOTAL STOCK MARKET INDEX FUND
|
Reduced | 29,292 | $6,948,648 | 0.54% | |
| IGIB |
iShares 5-10 Year Investment Grade Corporate Bond ETF
|
Added | 130,737 | $6,798,324 | 0.53% | |
| VWO |
VANGUARD EMERGING MARKETS STOCK INDEX FUND
|
Added | 163,720 | $6,728,892 | 0.52% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Added | 26,340 | $6,544,963 | 0.51% | |
| CVX |
Chevron Corp
Energy
|
Reduced | 42,787 | $6,382,108 | 0.50% | |
| HQY |
Healthequity, Inc.
Healthcare
|
Reduced | 96,102 | $6,371,562 | 0.50% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 5,575 | $6,223,093 | 0.48% | |
| ITA |
iShares U.S. Aerospace & Defense ETF
|
Reduced | 48,072 | $6,085,915 | 0.47% | |
| SNOW |
Snowflake Inc.
Technology
|
Added | 29,902 | $5,950,498 | 0.46% | |
| LMT |
Lockheed Martin Corp
Industrials
|
Added | 13,108 | $5,941,069 | 0.46% | |
| QCOM |
Qualcomm Inc
Technology
|
Added | 40,624 | $5,875,449 | 0.46% | |
| GLD |
Spdr Gold Trust
|
Reduced | 30,679 | $5,864,904 | 0.46% | |
| OWL |
Blue Owl Capital Inc.
Financial Services
|
Reduced | 391,221 | $5,829,192 | 0.45% | |
| MUB |
iShares National Muni Bond ETF
|
Added | 51,794 | $5,614,987 | 0.44% |
Showing the top 50 of 610 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.