Relative Value Partners Group, LLC

CIK

1649910

Location

NORTHBROOK, IL

Portfolio Value

Small $450,420,085

Diversification

Diversified

Filing Date

Global Rank

#2,384 / 7,306 ▲ 292 · as of Jun 2024

Top Industry

Semiconductors 13.2%

3Y Alpha vs SPY

-2.9%

Period ended 2 years ago

Filed Jul 12, 2024 · 1y

18 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+64.1%

SPY

+76.0%

Annualised alpha

-2.8%

Max drawdown

−20.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

181 positions · as of Jun 30, 2024 · Δ vs Mar 31, 2024

Top Position

10.2%

+4.6 pts

Top 5

34.3%

+12.6 pts

Top 10

45.8%

+13.0 pts

HHI

338

Diversified+145

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2024

Sector	% Portfolio	Value	Positions
Technology	35.2%	$158,714,869	34
Financial Services	13.6%	$61,207,557	27
Unclassified	10.2%	$46,146,959	7
Healthcare	8.0%	$35,906,525	23
Communication Services	7.4%	$33,411,730	8
Consumer Cyclical	7.3%	$32,933,891	18
Industrials	6.3%	$28,302,162	25
Energy	4.8%	$21,478,862	13
Consumer Defensive	3.7%	$16,755,117	9
Real Estate	2.0%	$9,018,409	9
Basic Materials	1.1%	$4,742,287	4
Utilities	0.4%	$1,801,717	4

Last Quarter's Activity

Export CSV

Jun 30, 2024 vs Mar 31, 2024

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	+362,863	364,293	$45,004,757
AAPL	Apple Inc.	+183,220	217,793	$45,871,561
UBER	Uber Technologies, Inc	+114,070	118,513	$8,613,524
VZ	Verizon Communications Inc	+110,923	120,289	$4,960,718
AMZN	Amazon Com Inc	+73,636	88,623	$17,126,394
CMCSA	Comcast Corp	+68,583	77,463	$2,842,969
MSFT	Microsoft Corp	+38,686	59,032	$26,384,352
JPM	Jpmorgan Chase & Co	+35,581	45,966	$9,297,083
GOOGL	Alphabet Inc.	+26,341	42,968	$7,826,621
META	Meta Platforms, Inc.	+22,153	26,244	$13,232,749
JNJ	Johnson & Johnson	+22,032	28,100	$4,107,096
WMT	Walmart Inc.	+20,980	25,661	$1,737,506
BAC	Bank Of America Corp /De/	+20,868	49,047	$1,950,599
ABBV	AbbVie Inc.	+19,227	29,525	$5,064,128
MRK	Merck & Co., Inc.	+18,245	27,966	$3,462,190
CMG	Chipotle Mexican Grill Inc	+17,769	19,966	$1,250,869
V	Visa Inc.	+16,289	18,005	$4,725,772
PFE	Pfizer Inc	+12,672	28,589	$799,920
INTC	Intel Corp	+11,667	29,752	$921,419
GLD	Spdr Gold Trust	+11,240	14,121	$3,036,156
MA	Mastercard Inc	+11,124	12,360	$5,452,737
CAT	Caterpillar Inc	+10,112	11,077	$3,689,748
COST	Costco Wholesale Corp /New	+9,349	9,986	$8,488,000
CSCO	Cisco Systems, Inc.	+9,200	20,616	$979,466
GS	Goldman Sachs Group Inc	+8,796	10,251	$4,636,732
No positions match the current search.

Trimmed

Positions the filer reduced

13 positions

Ticker	Company	Δ Shares	Shares	Value
KMI	Kinder Morgan, Inc.	−292,739	33,352	$662,704
IAU	Ishares Gold Trust	−61,407	21,530	$945,812
KO	Coca Cola Co	−51,659	13,041	$830,059
SBUX	Starbucks Corp	−22,087	5,290	$411,826
WMB	Williams Companies, Inc.	−16,875	10,375	$440,937
MCD	Mcdonalds Corp	−16,233	10,974	$2,796,614
C	Citigroup Inc	−12,868	4,006	$254,220
ABT	Abbott Laboratories	−2,001	7,330	$761,660
MS	Morgan Stanley	−939	3,862	$375,347
ADP	Automatic Data Processing Inc	−931	2,373	$566,411
UNP	Union Pacific Corp	−746	2,195	$496,640
DHR	Danaher Corp /De/	−393	1,116	$278,832
IBM	International Business Machines Corp	−188	8,113	$1,403,143
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	41,746	$20,000,926
BAR	GraniteShares Gold Trust	365,555	$8,393,142
ET	Energy Transfer LP	305,942	$4,962,379
RQI	Cohen & Steers Quality Income Realty Fund Inc	412,875	$4,822,380
BX	Blackstone Inc.	38,584	$4,776,699
HYT	Blackrock Corporate High Yield Fund, Inc.	434,500	$4,210,305
ALL	Allstate Corp	22,984	$3,669,625
LNG	Cheniere Energy, Inc.	20,156	$3,523,873
EOG	Eog Resources Inc	26,136	$3,289,738
FDX	Fedex Corp	13,480	$3,256,924
NOC	Northrop Grumman Corp /De/	7,451	$3,248,263
AMD	Advanced Micro Devices Inc	19,427	$3,151,253
AXON	Axon Enterprise, Inc.	10,469	$3,080,398
TTD	Trade Desk, Inc.	30,360	$2,965,261
FCX	Freeport-Mcmoran Inc	58,902	$2,862,637
STWD	Starwood Property Trust, Inc.	132,950	$2,518,073
PANW	Palo Alto Networks Inc	14,836	$2,514,776
NVO	Novo Nordisk A S	16,151	$2,305,393
TMO	Thermo Fisher Scientific Inc.	4,113	$2,274,489
TDG	TransDigm Group INC	1,631	$2,083,781
ISRG	Intuitive Surgical Inc	4,609	$2,050,313
HON	Honeywell International Inc	9,572	$2,020,439
CUBE	CubeSmart	44,409	$2,005,954
MPT	Medical Properties Trust Inc	452,700	$1,951,137
GWW	W.W. Grainger, Inc.	2,007	$1,810,795
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
SPE	Special Opportunities Fund, Inc.	1,599,294	$20,215,076
NFJ	Virtus Dividend, Interest & Premium Strategy Fund	1,487,603	$19,011,566
BRW	Saba Capital Income & Opportunities Fund	2,305,349	$16,805,994
BBDC	Barings BDC, Inc.	1,365,433	$12,698,526
ECAT	BlackRock ESG Capital Allocation Term Trust	508,615	$8,829,556
JLS	Nuveen Mortgage & Income Fund/MA/	433,988	$7,707,626
NUV	Nuveen Municipal Value Fund Inc	854,258	$7,440,587
TY	TRI-CONTINENTAL Corp	236,144	$7,273,235
EVV	Eaton Vance Ltd Duration Income Fund	741,822	$7,232,764
LADR	Ladder Capital Corp	617,438	$6,872,084
CCAP	Crescent Capital BDC, Inc.	383,281	$6,615,430
GDL	Gdl Fund	806,682	$6,421,188
FTHY	First Trust High Yield Opportunities 2027 Term Fund	413,238	$6,008,480
FCT	First Trust Senior Floating Rate Income Fund II	570,335	$5,902,967
JRI	Nuveen Real Asset Income & Growth Fund	492,775	$5,803,706
DTF	Dtf Tax-Free Income 2028 Term Fund Inc	523,988	$5,632,871
EMF	Templeton Emerging Markets Fund	451,790	$5,394,372
DFP	Flaherty & Crumrine Dynamic Preferred & Income Fund Inc	269,481	$5,165,950
BRSP	BrightSpire Capital, Inc.	712,806	$4,911,233
SDHY	PGIM Short Duration High Yield Opportunities Fund	318,635	$4,900,606
PDX	PIMCO Dynamic Income Strategy Fund	217,968	$4,623,101
APO	Apollo Global Management, Inc.	40,703	$4,577,052
NEA	Nuveen AMT-Free Quality Municipal Income Fund	400,713	$4,435,892
TRTX	TPG RE Finance Trust, Inc.	546,856	$4,221,728
TSI	Tcw Strategic Income Fund Inc	811,922	$3,905,344
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

181 positions · $450,420,085 total · as of Jun 30, 2024

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 181 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	217,793	+183,220	$45,871,561	+673.7%	10.18%
NVDA	Nvidia Corp Technology	Added	364,293	+362,863	$45,004,757	+34731.0%	9.99%
MSFT	Microsoft Corp Technology	Added	59,032	+38,686	$26,384,352	+208.2%	5.86%
QQQ	Invesco Qqq Trust, Series 1	NEW	41,746	NEW	$20,000,926	NEW	4.44%
AMZN	Amazon Com Inc Consumer Cyclical	Added	88,623	+73,636	$17,126,394	+533.5%	3.80%
META	Meta Platforms, Inc. Communication Services	Added	26,244	+22,153	$13,232,749	+566.1%	2.94%
SPY	Spdr S&P 500 ETF Trust	Added	22,147	+4,236	$12,052,840	+28.6%	2.68%
JPM	Jpmorgan Chase & Co Financial Services	Added	45,966	+35,581	$9,297,083	+347.0%	2.06%
UBER	Uber Technologies, Inc Technology	Added	118,513	+114,070	$8,613,524	+2418.1%	1.91%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	9,986	+9,349	$8,488,000	+1718.8%	1.88%
BAR	GraniteShares Gold Trust	NEW	365,555	NEW	$8,393,142	NEW	1.86%
GOOGL	Alphabet Inc. Communication Services	Added	42,968	+26,341	$7,826,621	+211.9%	1.74%
LLY	ELI LILLY & Co Healthcare	Added	8,287	+6,520	$7,502,884	+445.8%	1.67%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	14,728	+8,262	$5,991,350	+120.3%	1.33%
MA	Mastercard Inc Financial Services	Added	12,360	+11,124	$5,452,737	+816.1%	1.21%
ABBV	AbbVie Inc. Healthcare	Added	29,525	+19,227	$5,064,128	+170.0%	1.12%
ET	Energy Transfer LP Energy	NEW	305,942	NEW	$4,962,379	NEW	1.10%
VZ	Verizon Communications Inc Communication Services	Added	120,289	+110,923	$4,960,718	+1162.3%	1.10%
RQI	Cohen & Steers Quality Income Realty Fund Inc Financial Services	NEW	412,875	NEW	$4,822,380	NEW	1.07%
BX	Blackstone Inc. Financial Services	NEW	38,584	NEW	$4,776,699	NEW	1.06%
V	Visa Inc. Financial Services	Added	18,005	+16,289	$4,725,772	+886.8%	1.05%
GS	Goldman Sachs Group Inc Financial Services	Added	10,251	+8,796	$4,636,732	+662.9%	1.03%
HYT	Blackrock Corporate High Yield Fund, Inc. Financial Services	NEW	434,500	NEW	$4,210,305	NEW	0.93%
JNJ	Johnson & Johnson Healthcare	Added	28,100	+22,032	$4,107,096	+327.9%	0.91%
ADBE	Adobe Inc. Technology	Added	7,384	+6,833	$4,102,107	+1375.4%	0.91%
CAT	Caterpillar Inc Industrials	Added	11,077	+10,112	$3,689,748	+943.5%	0.82%
ALL	Allstate Corp Financial Services	NEW	22,984	NEW	$3,669,625	NEW	0.81%
LNG	Cheniere Energy, Inc. Energy	NEW	20,156	NEW	$3,523,873	NEW	0.78%
MRK	Merck & Co., Inc. Healthcare	Added	27,966	+18,245	$3,462,190	+169.9%	0.77%
EOG	Eog Resources Inc Energy	NEW	26,136	NEW	$3,289,738	NEW	0.73%
FDX	Fedex Corp Industrials	NEW	13,480	NEW	$3,256,924	NEW	0.72%
NOC	Northrop Grumman Corp /De/ Industrials	NEW	7,451	NEW	$3,248,263	NEW	0.72%
ULTA	Ulta Beauty, Inc. Consumer Cyclical	Added	8,377	+7,954	$3,232,432	+1361.5%	0.72%
AMD	Advanced Micro Devices Inc Technology	NEW	19,427	NEW	$3,151,253	NEW	0.70%
HD	Home Depot, Inc. Consumer Cyclical	Added	9,137	+7,128	$3,145,320	+308.1%	0.70%
AXON	Axon Enterprise, Inc. Industrials	NEW	10,469	NEW	$3,080,398	NEW	0.68%
GLD	Spdr Gold Trust	Added	14,121	+11,240	$3,036,156	+412.3%	0.67%
TTD	Trade Desk, Inc. Communication Services	NEW	30,360	NEW	$2,965,261	NEW	0.66%
FCX	Freeport-Mcmoran Inc Basic Materials	NEW	58,902	NEW	$2,862,637	NEW	0.64%
CMCSA	Comcast Corp Communication Services	Added	77,463	+68,583	$2,842,969	+688.0%	0.63%
CRM	Salesforce, Inc. Technology	Added	11,022	+8,280	$2,833,756	+243.1%	0.63%
CVX	Chevron Corp Energy	Added	17,982	+6,887	$2,812,744	+60.7%	0.62%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	10,974	-16,233	$2,796,614	−63.5%	0.62%
STWD	Starwood Property Trust, Inc. Real Estate	NEW	132,950	NEW	$2,518,073	NEW	0.56%
PANW	Palo Alto Networks Inc Technology	NEW	14,836	NEW	$2,514,776	NEW	0.56%
NVO	Novo Nordisk A S Healthcare	NEW	16,151	NEW	$2,305,393	NEW	0.51%
TMO	Thermo Fisher Scientific Inc. Healthcare	NEW	4,113	NEW	$2,274,489	NEW	0.50%
QCOM	Qualcomm Inc/De Technology	Added	10,739	+8,260	$2,138,994	+409.7%	0.47%
TDG	TransDigm Group INC Industrials	NEW	1,631	NEW	$2,083,781	NEW	0.46%
ISRG	Intuitive Surgical Inc Healthcare	NEW	4,609	NEW	$2,050,313	NEW	0.46%