Relative Value Partners Group, LLC

Adviser

CIK

1649910

Location

NORTHBROOK, IL

Portfolio Value

Small $740,088,121

Diversification

Diversified

Filing Date

Global Rank

#2,293 / 7,434 ▼ 914 · as of Jun 2024

Top Industry

Semiconductors 12.7%

Period ended 2 years ago

Filed Jul 12, 2024 · 2y

18 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

Adviser

Schedule 13G, Aug 9, 2024

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2024, never from the firm's own description.

Style

Diversified active

Top 10 weight 44.3%, 36.4 effective positions, active share 49.8% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Medium turnover

65.3% over the last four quarters (30% to under 100%)

Horizon

Horizon unknown

The value-weighted holding period is at least 6.0 quarters, but 12.8% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 49.8%; sector active share 28.6% against the combined 13F book's sector weights.

Over time 18 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.

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Portfolio Concentration

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

Top Position

8.6%

−16.6 pts

Top 5

30.3%

−27.4 pts

Top 10

44.3%

−29.1 pts

HHI

275

Diversified−738

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2024

Sector	% Portfolio	Value	Positions
Unclassified	39.1%	$289,135,306	130
Technology	24.0%	$177,766,799	37
Financial Services	9.0%	$66,812,005	31
Communication Services	7.0%	$51,551,479	10
Healthcare	4.9%	$35,979,696	25
Consumer Cyclical	4.6%	$34,115,422	18
Industrials	3.9%	$29,110,646	26
Energy	3.1%	$23,299,238	14
Consumer Defensive	2.3%	$16,755,117	9
Real Estate	1.2%	$9,018,409	9
Basic Materials	0.6%	$4,742,287	4
Utilities	0.2%	$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
IJH	iShares Core S&P Mid-Cap ETF	+83,954	122,197	$7,150,968
AMZN	Amazon Com Inc	+73,636	88,623	$17,126,394
GOOG	Alphabet Inc.	+72,790	87,086	$15,973,314
CMCSA	Comcast Corp	+68,583	77,463	$3,033,448
XOM	ExxonMobil Holdings Corp	+43,097	58,919	$6,782,755
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	+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
IWR	iShares Russell Mid-Cap ETF	+17,236	21,979	$1,782,057
V	Visa Inc.	+16,289	18,005	$4,725,772
VIG	Vanguard Specialized Funds	+13,381	15,120	$2,760,156
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
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
VEA	Vanguard FTSE Developed Markets ETF	−1,014,461	38,276	$1,891,599
VTV	VANGUARD VALUE INDEX FUND	−443,736	190,833	$30,611,521
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−302,261	8,076	$2,160,410
KMI	Kinder Morgan, Inc.	−292,739	33,352	$662,704
IEFA	iShares Core MSCI EAFE ETF	−147,629	12,049	$875,239
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	−144,459	26,925	$1,178,238
IEMG	iShares Trust	−132,346	18,378	$0
IWD	iShares Russell 1000 Value ETF	−129,809	3,350	$584,474
IVV	iShares Core S&P 500 ETF	−112,724	12,602	$6,896,192
IAU	Ishares Gold Trust	−61,407	21,530	$945,812
IJS	iShares S&P Small-Cap 600 Value ETF	−57,998	54,892	$5,339,344
KO	Coca Cola Co	−51,659	13,041	$830,059
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	−49,991	4,041	$322,997
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	−47,543	3,711	$677,331
EFA	iShares MSCI EAFE ETF	−36,431	2,567	$201,073
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	−26,199	1,418	$0
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
—		−15,657	3,658	$206,018
QUAL	iShares MSCI USA Quality Factor ETF	−14,330	4,172	$0
C	Citigroup Inc	−12,868	4,006	$254,220
IWB	iShares Russell 1000 ETF	−11,903	3,379	$1,005,387
EPI	WisdomTree India Earnings Fund	−8,314	5,526	$266,795
VB	Vanguard Index Funds	−6,636	1,060	$231,122
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
VUG	VANGUARD GROWTH INDEX FUND	64,958	$24,294,941
QQQ	Invesco Qqq Trust, Series 1	41,746	$20,000,926
FTSM	First Trust Enhanced Short Maturity ETF	184,534	$10,998,226
DLN	WisdomTree U.S. LargeCap Dividend Fund	141,082	$10,263,715
DXJ	WisdomTree Japan Hedged Equity Fund	83,697	$9,442,703
BAR	GraniteShares Gold Trust	365,555	$8,393,142
EMXC	iShares MSCI Emerging Markets ex China ETF	129,546	$7,669,123
JEPI	JPMorgan Equity Premium Income ETF	132,292	$7,498,310
CRWD	CrowdStrike Holdings, Inc.	16,677	$6,390,459
FTSL	First Trust Senior Loan Fund	135,934	$6,213,543
VGK	VANGUARD EUROPEAN STOCK INDEX FUND	77,457	$5,171,803
PANW	Palo Alto Networks Inc	14,836	$5,029,552
RQI	Cohen & Steers Quality Income Realty Fund Inc	412,875	$4,822,380
BX	Blackstone Inc.	38,584	$4,776,699
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	85,981	$4,771,945
RSP	Victory Portfolios II	28,596	$4,697,750
FMB	First Trust Managed Municipal ETF	91,700	$4,682,202
HYLB	Xtrackers USD High Yield Corporate Bond ETF	127,367	$4,516,433
AGG	iShares Core U.S. Aggregate Bond ETF	46,327	$4,496,961
HYT	Blackrock Corporate High Yield Fund, Inc.	434,500	$4,210,305
FDX	Fedex Corp	13,480	$4,041,843
ALL	Allstate Corp	22,984	$3,669,625
LNG	Cheniere Energy, Inc.	20,156	$3,523,873
IJT	iShares S&P Small-Cap 600 Growth ETF	27,284	$3,504,084
BBUS	JPMORGAN BETABUILDERS U.S. EQUITY ETF	35,501	$3,483,358
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
OEF	iShares S&P 100 ETF	381,083	$94,283,745
VMBS	VANGUARD MORTGAGE-BACKED SECURITIES INDEX FUND	1,405,124	$64,087,705
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	1,054,586	$61,746,010
DGRW	WisdomTree U.S. Quality Dividend Growth Fund	757,541	$57,717,048
PRF	Victory Portfolios II	1,359,724	$52,308,582
IEF	iShares 7-10 Year Treasury Bond ETF	469,676	$44,459,530
AVUV	Avantis U.S. Small Cap Value ETF	449,308	$42,104,652
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	651,628	$37,840,037
DFIV	Dimensional International Value ETF	1,016,710	$37,364,092
SPSB	State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF	1,241,930	$36,972,256
JAAA	Janus Henderson AAA CLO ETF	711,813	$36,117,391
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	545,762	$27,986,675
GOVT	iShares U.S. Treasury Bond ETF	1,146,747	$26,111,429
IVE	iShares S&P 500 Value ETF	139,590	$26,076,807
JMBS	Janus Henderson Mortgage-Backed Securities ETF	555,276	$25,042,947
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
DISV	Dimensional International Small Cap Value ETF	489,439	$13,307,846
BBDC	Barings BDC, Inc.	1,365,433	$12,698,526
ITOT	iShares Core S&P Total U.S. Stock Market ETF	104,382	$12,035,244
—		215,587	$10,964,754
DFAU	Dimensional US Core Equity Market ETF	284,726	$10,403,888
IJR	iShares Core S&P Small-Cap ETF	82,555	$9,123,978
ECAT	BlackRock ESG Capital Allocation Term Trust	508,615	$8,829,556
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

317 tracked positions · $740,088,121 total · filing declares 287 positions · $1,757,425,057 · 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 317 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Added	217,793	+183,220	$45,871,561	+673.7%	17	unpriced	6.20%
NVDA	Nvidia Corp Technology	Added	364,293	+362,863	$45,004,757	+3383.1%	5	unpriced	6.08%
VTV	VANGUARD VALUE INDEX FUND	Reduced	190,833	-443,736	$30,611,521	−70.4%	18+	before history	4.14%
MSFT	Microsoft Corp Technology	Added	59,032	+38,686	$26,384,352	+208.2%	18+	before history	3.57%
VUG	VANGUARD GROWTH INDEX FUND	NEW	64,958	NEW	$24,294,941	NEW	1	unpriced	3.28%
QQQ	Invesco Qqq Trust, Series 1	NEW	41,746	NEW	$20,000,926	NEW	1	$449.75	2.70%
AMZN	Amazon Com Inc Consumer Cyclical	Added	88,623	+73,636	$17,126,394	+533.5%	8	$174.08	2.31%
GOOG	Alphabet Inc. Communication Services	Added	87,086	+72,790	$15,973,314	+633.8%	7	unpriced	2.16%
META	Meta Platforms, Inc. Communication Services	Added	26,244	+22,153	$13,232,749	+566.1%	8	$443.17	1.79%
SPY	Spdr S&P 500 ETF Trust	Added	22,147	+4,236	$12,052,840	+28.6%	18+	before history	1.63%
FTSM	First Trust Enhanced Short Maturity ETF	NEW	184,534	NEW	$10,998,226	NEW	1	$59.70	1.49%
DLN	WisdomTree U.S. LargeCap Dividend Fund	NEW	141,082	NEW	$10,263,715	NEW	1	unpriced	1.39%
DXJ	WisdomTree Japan Hedged Equity Fund	NEW	83,697	NEW	$9,442,703	NEW	1	$108.62	1.28%
JPM	Jpmorgan Chase & Co Financial Services	Added	45,966	+35,581	$9,297,083	+347.0%	8	$180.23	1.26%
UBER	Uber Technologies, Inc Technology	Added	118,513	+114,070	$8,613,524	+2418.1%	4	$68.61	1.16%
COST	Costco Wholesale Corp Consumer Defensive	Added	9,986	+9,349	$8,488,000	+1718.8%	4	$765.93	1.15%
BAR	GraniteShares Gold Trust	NEW	365,555	NEW	$8,393,142	NEW	1	$23.09	1.13%
GOOGL	Alphabet Inc. Communication Services	Added	42,968	+26,341	$7,826,621	+211.9%	6	$150.21	1.06%
EMXC	iShares MSCI Emerging Markets ex China ETF	NEW	129,546	NEW	$7,669,123	NEW	1	$57.59	1.04%
LLY	ELI LILLY & Co Healthcare	Added	8,287	+6,520	$7,502,884	+445.8%	8	$713.31	1.01%
JEPI	JPMorgan Equity Premium Income ETF	NEW	132,292	NEW	$7,498,310	NEW	1	$56.56	1.01%
IJH	iShares Core S&P Mid-Cap ETF	Added	122,197	+83,954	$7,150,968	+207.8%	5	unpriced	0.97%
IVV	iShares Core S&P 500 ETF	Reduced	12,602	-112,724	$6,896,192	−89.5%	18+	before history	0.93%
XOM	ExxonMobil Holdings Corp Energy	Added	58,919	+43,097	$6,782,755	+268.8%	8	$112.49	0.92%
CRWD	CrowdStrike Holdings, Inc. Technology	NEW	16,677	NEW	$6,390,459	NEW	1	$332.59	0.86%
FTSL	First Trust Senior Loan Fund	NEW	135,934	NEW	$6,213,543	NEW	1	$46.11	0.84%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	14,728	+8,262	$5,991,350	+120.3%	8	$367.06	0.81%
MA	Mastercard Inc Financial Services	Added	12,360	+11,124	$5,452,737	+816.1%	4	$450.13	0.74%
IJS	iShares S&P Small-Cap 600 Value ETF	Reduced	54,892	-57,998	$5,339,344	−54.0%	18+	before history	0.72%
VGK	VANGUARD EUROPEAN STOCK INDEX FUND	NEW	77,457	NEW	$5,171,803	NEW	1	$67.74	0.70%
ABBV	AbbVie Inc. Healthcare	Added	29,525	+19,227	$5,064,128	+170.0%	8	$159.07	0.68%
PANW	Palo Alto Networks Inc Technology	NEW	14,836	NEW	$5,029,552	NEW	1	$299.14	0.68%
VZ	Verizon Communications Inc Communication Services	Added	120,289	+110,923	$4,960,718	+1162.3%	6	$40.06	0.67%
VOO	VANGUARD 500 INDEX FUND	Added	9,763	+8,755	$4,882,769	+907.7%	5	unpriced	0.66%
RQI	Cohen & Steers Quality Income Realty Fund Inc Financial Services	NEW	412,875	NEW	$4,822,380	NEW	1	$11.36	0.65%
BX	Blackstone Inc. Financial Services	NEW	38,584	NEW	$4,776,699	NEW	1	$123.05	0.65%
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	NEW	85,981	NEW	$4,771,945	NEW	1	$53.75	0.64%
V	Visa Inc. Financial Services	Added	18,005	+16,289	$4,725,772	+886.8%	4	$270.90	0.64%
RSP	Victory Portfolios II	NEW	28,596	NEW	$4,697,750	NEW	1	$164.49	0.63%
FMB	First Trust Managed Municipal ETF	NEW	91,700	NEW	$4,682,202	NEW	1	$51.01	0.63%
GS	Goldman Sachs Group Inc Financial Services	Added	10,251	+8,796	$4,636,732	+662.9%	4	$424.05	0.63%
HYLB	Xtrackers USD High Yield Corporate Bond ETF	NEW	127,367	NEW	$4,516,433	NEW	1	$35.31	0.61%
AGG	iShares Core U.S. Aggregate Bond ETF	NEW	46,327	NEW	$4,496,961	NEW	1	unpriced	0.61%
HYT	Blackrock Corporate High Yield Fund, Inc. Financial Services	NEW	434,500	NEW	$4,210,305	NEW	1	$9.70	0.57%
JNJ	Johnson & Johnson Healthcare	Added	28,100	+22,032	$4,107,096	+327.9%	8	$152.92	0.55%
ADBE	Adobe Inc. Technology	Added	7,384	+6,833	$4,102,107	+1375.4%	4	$487.24	0.55%
FDX	Fedex Corp Industrials	NEW	13,480	NEW	$4,041,843	NEW	1	unpriced	0.55%
AVGO	Broadcom Inc. Technology	Added	2,501	+1,903	$4,015,430	+406.6%	4	$1,275.54	0.54%
CAT	Caterpillar Inc Industrials	Added	11,077	+10,112	$3,689,748	+943.5%	4	$340.19	0.50%
ALL	Allstate Corp Financial Services	NEW	22,984	NEW	$3,669,625	NEW	1	$166.81	0.50%

Showing the top 50 of 317 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.