Squar Milner Financial Services LLC

CIK

1727592

Location

IRVINE, CA

Portfolio Value

Small $152,904,683

Diversification

Diversified

Filing Date

Global Rank

#3,760 / 5,430 ▼ 284 · as of Jun 2020

Top Industry

Drug Manufacturers - General 8.8%

Period ended 6 years ago

Filed Jul 16, 2020 · 6y

2 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 Jun 30, 2020, never from the firm's own description.

Style

Diversified active

Top 10 weight 44.5%, 27.9 effective positions, active share 57.5% against the S&P 500 as of 2020-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Horizon unknown

The value-weighted holding period is at least 1.9 quarters, but 94.2% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2020-06-30, active share 57.5%; sector active share 15.4% against the combined 13F book's sector weights.

Over time 2 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 backtest

Portfolio Concentration

211 tracked positions · as of Jun 30, 2020 · Δ vs Mar 31, 2020

Top Position

11.8%

−2.7 pts

Top 5

35.1%

−1.9 pts

Top 10

44.5%

−2.2 pts

HHI

358

Diversified−41

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2020

Sector	% Portfolio	Value	Positions
Unclassified	41.8%	$63,923,229	75
Technology	16.3%	$24,995,319	26
Healthcare	9.5%	$14,464,745	18
Financial Services	7.8%	$11,870,403	23
Consumer Cyclical	6.0%	$9,198,683	13
Communication Services	5.8%	$8,943,253	11
Consumer Defensive	5.4%	$8,260,011	14
Industrials	3.6%	$5,467,837	15
Energy	1.5%	$2,338,631	6
Utilities	0.9%	$1,430,479	4
Basic Materials	0.9%	$1,316,473	3
Real Estate	0.5%	$695,620	3

Last Quarter's Activity

Export CSV

Jun 30, 2020 vs Mar 31, 2020

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
—		+68,241	70,083	$2,152,949
ET	Energy Transfer LP	+32,674	43,434	$309,250
GLDM	World Gold Trust	+23,324	90,843	$1,613,371
GE	General Electric Co	+21,980	24,440	$166,924
OEF	iShares S&P 100 ETF	+15,547	20,078	$0
IEF	iShares 7-10 Year Treasury Bond ETF	+15,175	15,517	$0
EWJ	iShares MSCI Japan ETF	+10,424	18,427	$1,012,010
PFE	Pfizer Inc	+6,627	29,110	$951,897
CSCO	Cisco Systems, Inc.	+5,009	30,153	$1,406,335
—		+4,893	5,067	$282,000
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+4,734	8,576	$486,859
CMCSA	Comcast Corp	+4,663	12,316	$480,077
SBUX	Starbucks Corp	+4,531	19,789	$1,456,272
USB	US Bancorp De	+4,516	17,575	$647,111
AMAT	Applied Materials Inc	+3,937	4,578	$276,740
PTLC	Pacer Trendpilot US Large Cap ETF	+3,720	25,000	$679,750
SPSB	State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF	+3,630	7,839	$245,674
T	At&T Inc.	+3,515	29,209	$882,987
JPM	Jpmorgan Chase & Co	+3,182	12,450	$1,171,047
RTX	RTX Corp	+3,134	9,763	$601,596
PNC	Pnc Financial Services Group, Inc.	+3,086	3,993	$420,103
VZ	Verizon Communications Inc	+2,847	11,116	$612,825
ABT	Abbott Laboratories	+2,753	16,086	$1,470,742
MO	Altria Group, Inc.	+2,700	13,089	$513,743
C	Citigroup Inc	+2,418	8,455	$432,050
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
—		−58,293	142,776	$13,068,287
GOVT	iShares U.S. Treasury Bond ETF	−22,676	35,891	$0
AAPL	Apple Inc.	−10,978	14,918	$5,442,086
PBP	Invesco S&P 500 BuyWrite ETF	−10,855	12,365	$224,301
DGRO	iShares Core Dividend Growth ETF	−10,517	24,984	$0
VRP	Invesco Ltd.	−10,000	9,225	$216,141
NLY	Annaly Capital Management Inc	−9,725	52,258	$342,812
EFA	iShares MSCI EAFE ETF	−7,838	6,995	$0
SHV	iShares 0-1 Year Treasury Bond ETF	−5,237	13,739	$0
MSFT	Microsoft Corp	−4,403	27,422	$5,580,651
SDY	State Street(R) SPDR(R) S&P(R) Dividend ETF	−3,490	8,543	$779,121
WFC	Wells Fargo & Company	−3,143	13,046	$333,977
IWS	iShares Russell Mid-Cap Value ETF	−2,145	13,607	$0
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	−1,766	24,917	$722,094
DTD	WisdomTree U.S. Total Dividend Fund	−1,565	3,681	$331,694
—		−1,512	15,725	$255,216
XYL	Xylem Inc.	−1,336	3,094	$200,986
PFF	iShares Preferred and Income Securities ETF	−1,300	22,681	$0
KBE	State Street(R) SPDR(R) S&P(R) Bank ETF	−1,236	9,366	$295,403
AMZN	Amazon Com Inc	−1,219	546	$1,506,315
NVO	Novo Nordisk A S	−1,209	11,927	$780,979
—		−1,120	27,338	$2,790,116
QCOM	Qualcomm Inc	−1,041	6,240	$569,150
—		−960	6,815	$294,000
—		−830	2,097	$165,788
No positions match the current search.

New Positions

Positions the filer opened this quarter

13 positions

Ticker	Company	Shares	Value
ICSH	iShares Ultra Short Duration Bond Active ETF	106,913	$5,405,521
GBIL	Goldman Sachs ETF Trust	12,924	$1,298,732
EWG	iShares MSCI Germany ETF	20,752	$562,586
VXX		10,000	$340,000
BILL	BILL Holdings, Inc.	3,395	$306,262
UJAN		9,870	$273,468
GT	Goodyear Tire & Rubber Co	28,700	$256,865
HOG	Harley-Davidson, Inc.	10,200	$242,454
WHF	WhiteHorse Finance, Inc.	11,000	$113,300
USA	Liberty All Star Equity Fund	16,830	$96,267
TRVG	trivago N.V.	19,685	$38,779
SWAN		13,050	$0
IEMG	iShares Trust	13,914	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
SPLV	Invesco S&P 500 Low Volatility ETF	84,100	$3,945,972
SSO	ProShares Ultra S&P500	8,300	$737,956
CWI	Spdr Index Shares Funds	23,798	$469,296
DOCU	Docusign, Inc.	3,006	$277,754
—		963	$223,000
RBC	RBC Bearings INC	1,819	$205,165
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	5,904	$198,079
EWA	iShares MSCI Australia ETF	12,500	$194,250
SVXY		11,860	$183,889
SPMB	State Street(R) SPDR(R) Portfolio Mortgage Backed Bond ETF	6,518	$173,965
DGRW	WisdomTree U.S. Quality Dividend Growth Fund	4,439	$172,721
WU	Western Union CO	9,518	$172,561
COST	Costco Wholesale Corp	601	$171,363
NVS	Novartis AG	2,033	$167,620
CME	Cme Group Inc.	960	$165,993
EXC	Exelon Corp	4,450	$163,804
BALL	BALL Corp	2,502	$161,779
TSN	Tyson Foods, Inc.	2,700	$156,249
BR	Broadridge Financial Solutions, Inc.	1,576	$149,452
IBKR	Interactive Brokers Group, Inc.	3,413	$147,339
—		2,650	$145,445
PCAR	Paccar Inc	2,250	$137,542
O	Realty Income Corp	2,738	$136,516
SUI	Sun Communities Inc	1,062	$132,590
COF	Capital One Financial Corp	2,620	$132,100
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

211 tracked positions · $152,904,683 total · filing declares 215 positions · $176,006,000 · as of Jun 30, 2020

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

Showing 1–50 of 211 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
		Reduced	142,776	-58,293	$13,068,287	−29.1%	2+	before history	8.55%
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	Added	207,796	+1,759	$9,334,196	+26.8%	2+	before history	6.10%
SPY	Spdr S&P 500 ETF Trust	Reduced	26,796	-267	$8,262,814	+18.5%	2+	before history	5.40%
MSFT	Microsoft Corp Technology	Reduced	27,422	-4,403	$5,580,651	+11.2%	2+	before history	3.65%
AAPL	Apple Inc. Technology	Reduced	14,918	-10,978	$5,442,086	−17.4%	2+	before history	3.56%
ICSH	iShares Ultra Short Duration Bond Active ETF	NEW	106,913	NEW	$5,405,521	NEW	1	$50.38	3.54%
		Reduced	27,338	-1,120	$2,790,116	+8.2%	2+	before history	1.82%
		Added	70,083	+68,241	$2,152,949	+3704.7%	2+	before history	1.41%
JNJ	Johnson & Johnson Healthcare	Added	14,863	+1,658	$2,090,183	+20.7%	2+	before history	1.37%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,390	-721	$1,971,089	−19.6%	2+	before history	1.29%
META	Meta Platforms, Inc. Communication Services	Added	7,453	+2,012	$1,692,352	+86.5%	2+	before history	1.11%
GLDM	World Gold Trust	Added	90,843	+23,324	$1,613,371	+52.0%	2+	before history	1.06%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	8,915	-84	$1,591,416	−3.3%	2+	before history	1.04%
ADBE	Adobe Inc. Technology	Added	3,643	+534	$1,585,834	+60.3%	2+	before history	1.04%
SPMD	State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF	Reduced	49,658	-334	$1,551,812	+22.5%	2+	before history	1.01%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	546	-1,219	$1,506,315	−56.2%	2+	before history	0.99%
ABT	Abbott Laboratories Healthcare	Added	16,086	+2,753	$1,470,742	+39.8%	2+	before history	0.96%
SBUX	Starbucks Corp Consumer Cyclical	Added	19,789	+4,531	$1,456,272	+45.2%	2+	before history	0.95%
NKE	NIKE, Inc. Consumer Cyclical	Added	14,580	+549	$1,429,569	+23.1%	2+	before history	0.93%
CSCO	Cisco Systems, Inc. Technology	Added	30,153	+5,009	$1,406,335	+42.3%	2+	before history	0.92%
GOOG	Alphabet Inc. Communication Services	Added	977	+200	$1,381,000	+52.9%	2+	before history	0.90%
TSLA	Tesla, Inc. Consumer Cyclical	Added	1,235	+387	$1,333,564	+200.1%	2+	before history	0.87%
GBIL	Goldman Sachs ETF Trust	NEW	12,924	NEW	$1,298,732	NEW	1	$100.56	0.85%
PEP	Pepsico Inc Consumer Defensive	Added	9,794	+1,722	$1,295,354	+33.6%	2+	before history	0.85%
PYPL	PayPal Holdings, Inc. Financial Services	Added	7,374	+975	$1,284,772	+109.7%	2+	before history	0.84%
XNTK	State Street(R) SPDR(R) NYSE Technology ETF	Added	11,871	+370	$1,179,621	+40.1%	2+	before history	0.77%
JPM	Jpmorgan Chase & Co Financial Services	Added	12,450	+3,182	$1,171,047	+40.3%	2+	before history	0.77%
MA	Mastercard Inc Financial Services	Added	3,652	+720	$1,079,896	+52.5%	2+	before history	0.71%
ABBV	AbbVie Inc. Healthcare	Added	10,891	+2,389	$1,069,278	+65.1%	2+	before history	0.70%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	8,871	+2,137	$1,060,705	+43.2%	2+	before history	0.69%
ACN	Accenture plc Technology	Added	4,901	+1,051	$1,052,342	+67.4%	2+	before history	0.69%
SLYG	State Street(R) SPDR(R) S & P 600(TM) Small Cap Growth ETF	Added	18,326	+1,163	$1,040,550	+31.3%	2+	before history	0.68%
DIS	Walt Disney Co Communication Services	Added	9,252	+404	$1,031,690	+20.7%	2+	before history	0.67%
EWJ	iShares MSCI Japan ETF	Added	18,427	+10,424	$1,012,010	+156.0%	2+	before history	0.66%
V	Visa Inc. Financial Services	Added	5,119	+1,232	$988,837	+57.9%	2+	before history	0.65%
ZTS	Zoetis Inc. Healthcare	Added	6,953	+1,444	$952,839	+47.0%	2+	before history	0.62%
PFE	Pfizer Inc Healthcare	Added	29,110	+6,627	$951,897	+29.7%	2+	before history	0.62%
CRM	Salesforce, Inc. Technology	Added	5,049	+959	$945,829	+60.6%	2+	before history	0.62%
MINT	PIMCO Enhanced Short Maturity Active Exchange-Traded Fund	Added	8,696	+1,596	$884,296	+25.8%	2+	before history	0.58%
T	At&T Inc. Communication Services	Added	29,209	+3,515	$882,987	+17.9%	2+	before history	0.58%
GLD	Spdr Gold Trust	Reduced	5,100	-200	$853,587	+8.8%	2+	before history	0.56%
NOW	ServiceNow, Inc. Technology	Added	2,042	+480	$827,132	+84.8%	2+	before history	0.54%
MDT	Medtronic plc Healthcare	Added	8,882	+769	$814,479	+11.3%	2+	before history	0.53%
CVX	Chevron Corp Energy	Added	9,041	+1,877	$806,728	+55.4%	2+	before history	0.53%
WMT	Walmart Inc. Consumer Defensive	Added	6,718	+512	$804,682	+14.1%	2+	before history	0.53%
NVO	Novo Nordisk A S Healthcare	Reduced	11,927	-1,209	$780,979	−1.2%	2+	before history	0.51%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	3,117	-377	$780,839	+19.7%	2+	before history	0.51%
SDY	State Street(R) SPDR(R) S&P(R) Dividend ETF	Reduced	8,543	-3,490	$779,121	−18.9%	2+	before history	0.51%
MRK	Merck & Co., Inc. Healthcare	Added	10,075	+200	$779,100	+2.5%	2+	before history	0.51%
ORCL	Oracle Corp Technology	Added	14,095	+872	$779,030	+21.9%	2+	before history	0.51%

Showing the top 50 of 211 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.