LFS ASSET MANAGEMENT

CIK

1942844

Location

San Ramon, CA

Portfolio Value

Micro $94,729,576

Diversification

Diversified

Filing Date

Global Rank

#5,800 / 6,827 ▼ 340 · as of Sep 2022

Top Industry

Healthcare Plans 16.4%

Period ended 4 years ago

Filed Dec 5, 2022 · 3y

2 quarters · since Jun 2022

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 Sep 30, 2022, never from the firm's own description.

Style

Concentrated

The top 10 positions are 77.3% of the book (60%+)

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 1.7 quarters (under 4)

Closest benchmark: the Dow Jones Industrial Average as of 2022-10-31, active share 80.8%; sector active share 36.0% 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

47 tracked positions · as of Sep 30, 2022 · Δ vs Jun 30, 2022

Top Position

31.5%

+10.6 pts

Top 5

57.6%

+4.0 pts

Top 10

77.3%

+5.6 pts

HHI

1,297

Diversified+380

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2022

Sector	% Portfolio	Value	Positions
Unclassified	63.9%	$60,553,517	25
Technology	10.2%	$9,638,173	4
Healthcare	6.3%	$6,002,130	2
Consumer Cyclical	5.8%	$5,486,423	2
Financial Services	5.1%	$4,801,399	3
Energy	3.4%	$3,227,259	3
Industrials	3.2%	$2,990,910	3
Consumer Defensive	1.1%	$1,013,176	2
Communication Services	0.6%	$532,671	1
Utilities	0.3%	$262,774	1
Real Estate	0.2%	$221,144	1

Last Quarter's Activity

Export CSV

Sep 30, 2022 vs Jun 30, 2022

Added To

Positions the filer increased

15 positions

Ticker	Company	Δ Shares	Shares	Value
PFF	iShares Preferred and Income Securities ETF	+385,634	392,223	$12,421,702
PDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	+30,770	251,190	$4,064,254
AAPL	Apple Inc.	+17,525	30,745	$4,248,959
EIDO	iShares MSCI Indonesia ETF	+17,018	28,698	$669,237
AOM	iShares Core 40/60 Moderate Allocation ETF	+14,605	128,460	$4,702,920
GOOG	Alphabet Inc.	+5,364	5,540	$532,671
—		+4,392	131,435	$4,146,117
TFLO	iShares Treasury Floating Rate Bond ETF	+3,888	56,046	$2,830,323
SDS	ProShares UltraShort S&P500	+3,826	44,275	$2,416,086
IYK	iShares U.S. Consumer Staples ETF	+2,978	43,726	$7,863,242
ADP	Automatic Data Processing Inc	+2,031	8,736	$1,975,995
AXP	American Express Co	+150	2,066	$278,724
COST	Costco Wholesale Corp	+75	495	$233,773
DTE	Dte Energy Co	+16	2,284	$262,774
PH	Parker-Hannifin Corp	+5	1,042	$252,487
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
TDTT	FlexShares iBoxx 3-Year Target Duration TIPS Index Fund	−95,302	57,964	$1,355,198
VTV	VANGUARD VALUE INDEX FUND	−45,309	2,057	$253,998
SPG	Simon Property Group Inc.	−36,847	2,464	$221,144
CVX	Chevron Corp	−17,472	3,050	$438,193
FTGC	First Trust Global Tactical Commodity Strategy Fund	−9,075	24,887	$630,636
MSFT	Microsoft Corp	−7,085	12,643	$2,944,554
V	Visa Inc.	−6,000	1,982	$352,102
UNP	Union Pacific Corp	−2,300	10,800	$2,104,056
—		−1,789	12,785	$708,928
PEP	Pepsico Inc	−1,123	4,774	$779,403
AMGN	Amgen Inc	−1,085	1,807	$407,297
SPY	Spdr S&P 500 ETF Trust	−502	616	$220,022
WRB	Berkley W R Corp	−488	64,580	$4,170,573
IGV	iShares Expanded Tech-Software Sector ETF	−354	3,590	$897,966
—		−305	64,681	$2,109,894
XOM	ExxonMobil Holdings Corp	−304	6,040	$527,352
ICVT	iShares Convertible Bond ETF	−245	7,265	$500,558
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	−4	1,928	$274,643
No positions match the current search.

New Positions

Positions the filer opened this quarter

11 positions

Ticker	Company	Shares	Value
UNH	Unitedhealth Group Inc	11,078	$5,594,833
MCD	Mcdonalds Corp	22,896	$5,283,023
RWM	ProShares Short Russell2000	162,164	$4,274,643
DXJ	WisdomTree Japan Hedged Equity Fund	55,062	$3,396,224
COP	Conocophillips	22,100	$2,261,714
BCI	abrdn Bloomberg All Commodity Strategy K-1 Free ETF	65,559	$1,693,388
TBT	ProShares UltraShort 20+ Year Treasury	47,287	$1,504,199
SQQQ	ProShares UltraPro Short QQQ	21,773	$1,335,120
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	53,763	$1,023,647
RSPS	Victory Portfolios II	18,843	$579,572
AMZN	Amazon Com Inc	1,800	$203,400
No positions match the current search.

Sold Out

Positions the filer fully exited

19 positions

Ticker	Company	Shares	Value
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	390,325	$19,563,089
KO	Coca Cola Co	87,654	$5,514,313
PSQ	ProShares Short QQQ	366,276	$5,274,374
IAK	iShares U.S. Insurance ETF	54,346	$4,509,087
SPHD	Invesco Ltd.	75,861	$3,348,504
EUFN	iShares MSCI Europe Financials ETF	189,782	$3,011,840
HAL	Halliburton Co	74,211	$2,327,256
RSP	Victory Portfolios II	4,394	$589,806
HD	Home Depot, Inc.	2,027	$555,945
COMT	iShares GSCI Commodity Dynamic Roll Strategy ETF	10,122	$414,394
SPGI	S&P Global Inc.	800	$269,647
HEDJ	WisdomTree Europe Hedged Equity Fund	3,855	$252,656
SDCI	USCF ETF Trust	10,091	$238,016
BAX	Baxter International Inc	3,636	$233,540
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	3,026	$216,389
SMH	VanEck Semiconductor ETF	1,023	$208,415
IMCG	iShares Morningstar Mid-Cap Growth ETF	4,012	$208,383
CAT	Caterpillar Inc	1,135	$202,892
COMB	GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF	9,686	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

47 tracked positions · $94,729,576 total · filing declares 48 positions · $99,114,000 · as of Sep 30, 2022

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
PFF	iShares Preferred and Income Securities ETF	Added	392,223	+385,634	$12,421,702	+5633.6%	2	before history	13.11%
IYK	iShares U.S. Consumer Staples ETF	Added	43,726	+2,978	$7,863,242	−1.0%	2	before history	8.30%
UNH	Unitedhealth Group Inc Healthcare	NEW	11,078	NEW	$5,594,833	NEW	1	$525.83	5.91%
MCD	Mcdonalds Corp Consumer Cyclical	NEW	22,896	NEW	$5,283,023	NEW	1	$255.59	5.58%
AOM	iShares Core 40/60 Moderate Allocation ETF	Added	128,460	+14,605	$4,702,920	+6.0%	2	before history	4.96%
RWM	ProShares Short Russell2000	NEW	162,164	NEW	$4,274,643	NEW	1	unpriced	4.51%
AAPL	Apple Inc. Technology	Added	30,745	+17,525	$4,248,959	+135.1%	2	before history	4.49%
WRB	Berkley W R Corp Financial Services	Reduced	64,580	-488	$4,170,573	−6.1%	2	before history	4.40%
		Added	131,435	+4,392	$4,146,117	+0.6%	2	before history	4.38%
PDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	Added	251,190	+30,770	$4,064,254	+2.2%	2	before history	4.29%
DXJ	WisdomTree Japan Hedged Equity Fund	NEW	55,062	NEW	$3,396,224	NEW	1	unpriced	3.59%
MSFT	Microsoft Corp Technology	Reduced	12,643	-7,085	$2,944,554	−41.9%	2	before history	3.11%
TFLO	iShares Treasury Floating Rate Bond ETF	Added	56,046	+3,888	$2,830,323	+7.7%	2	before history	2.99%
SDS	ProShares UltraShort S&P500	Added	44,275	+3,826	$2,416,086	+18.7%	2	before history	2.55%
COP	Conocophillips Energy	NEW	22,100	NEW	$2,261,714	NEW	1	$99.75	2.39%
		Reduced	64,681	-305	$2,109,894	−6.1%	2	before history	2.23%
UNP	Union Pacific Corp Industrials	Reduced	10,800	-2,300	$2,104,056	−24.7%	2	before history	2.22%
ADP	Automatic Data Processing Inc Technology	Added	8,736	+2,031	$1,975,995	+40.3%	2	before history	2.09%
BCI	abrdn Bloomberg All Commodity Strategy K-1 Free ETF	NEW	65,559	NEW	$1,693,388	NEW	1	$27.31	1.79%
TBT	ProShares UltraShort 20+ Year Treasury	NEW	47,287	NEW	$1,504,199	NEW	1	unpriced	1.59%
TDTT	FlexShares iBoxx 3-Year Target Duration TIPS Index Fund	Reduced	57,964	-95,302	$1,355,198	−64.4%	2	before history	1.43%
SQQQ	ProShares UltraPro Short QQQ	NEW	21,773	NEW	$1,335,120	NEW	1	unpriced	1.41%
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	NEW	53,763	NEW	$1,023,647	NEW	1	$21.62	1.08%
IGV	iShares Expanded Tech-Software Sector ETF	Reduced	3,590	-354	$897,966	−15.6%	2	before history	0.95%
PEP	Pepsico Inc Consumer Defensive	Reduced	4,774	-1,123	$779,403	−20.7%	2	before history	0.82%
		Reduced	12,785	-1,789	$708,928	−18.8%	2	before history	0.75%
		Held	33,698	0	$681,000	+4.9%	2	before history	0.72%
EIDO	iShares MSCI Indonesia ETF	Added	28,698	+17,018	$669,237	+156.0%	2	before history	0.71%
UPS	United Parcel Service Inc Industrials	Held	3,927	0	$634,367	−11.5%	2	before history	0.67%
FTGC	First Trust Global Tactical Commodity Strategy Fund	Reduced	24,887	-9,075	$630,636	−30.6%	2	before history	0.67%
RSPS	Victory Portfolios II	NEW	18,843	NEW	$579,572	NEW	1	unpriced	0.61%
GOOG	Alphabet Inc. Communication Services	Added	5,540	+5,364	$532,671	+38.4%	2	before history	0.56%
XOM	ExxonMobil Holdings Corp Energy	Reduced	6,040	-304	$527,352	−2.9%	2	before history	0.56%
ICVT	iShares Convertible Bond ETF	Reduced	7,265	-245	$500,558	−3.9%	2	before history	0.53%
ADBE	Adobe Inc. Technology	Held	1,703	0	$468,665	−24.8%	2	before history	0.49%
CVX	Chevron Corp Energy	Reduced	3,050	-17,472	$438,193	−85.3%	2	before history	0.46%
AMGN	Amgen Inc Healthcare	Reduced	1,807	-1,085	$407,297	−42.1%	2	before history	0.43%
V	Visa Inc. Financial Services	Reduced	1,982	-6,000	$352,102	−77.6%	2	before history	0.37%
AXP	American Express Co Financial Services	Added	2,066	+150	$278,724	+4.9%	2	before history	0.29%
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	Reduced	1,928	-4	$274,643	+3.4%	2	before history	0.29%
DTE	Dte Energy Co Utilities	Added	2,284	+16	$262,774	−8.6%	2	before history	0.28%
VTV	VANGUARD VALUE INDEX FUND	Reduced	2,057	-45,309	$253,998	−95.9%	2	before history	0.27%
PH	Parker-Hannifin Corp Industrials	Added	1,042	+5	$252,487	−1.0%	2	before history	0.27%
COST	Costco Wholesale Corp Consumer Defensive	Added	495	+75	$233,773	+16.1%	2	before history	0.25%
SPG	Simon Property Group Inc. Real Estate	Reduced	2,464	-36,847	$221,144	−94.1%	2	before history	0.23%
SPY	Spdr S&P 500 ETF Trust	Reduced	616	-502	$220,022	−47.8%	2	before history	0.23%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	1,800	NEW	$203,400	NEW	1	$126.40	0.21%

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.