HILLTOP PARTNERS LLC

Filed: 5/9/2023ACC: 0001104659-23-057802

📋 What this filing means

HILLTOP PARTNERS LLC filed this quarterly 13F‑HR report disclosing 67 equity positions with a total reported market value of $221.70M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$221.70M

Total AUM (reported)

3.97M

Total Shares

Allocation by class

CORE US AGGBD ET$22.88M10.3%

VNG RUS1000IDX$22.84M10.3%

VALUE ETF$19.69M8.9%

COM$13.51M6.1%

CORE MSCI TOTAL$12.35M5.6%

PORTFLI HIGH YLD$11.96M5.4%

US SML CAP ETF$11.69M5.3%

Portfolio Concentration

Top 3$65.40M29.5%

4–10$73.81M33.3%

11–25$61.56M27.8%

Rest$20.93M9.4%

Top 3 weight

29.5%

Top 10 weight

62.8%

Voting Authority Distribution

Total shares with voting rights: 3.97M

Sole

Full voting authority

3.97M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole67

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings67

Rows:

ISHARES CORE U.S. AGGREGATE BOND ETF

SOLE

CORE US AGGBD ET

Shares229.63K

TypeSH

Market value$22.88M

10.32%

Sole

229.63K

Shared

0.00

None

0.00

VANGUARD RUSSELL 1000 ETF

SOLE

VNG RUS1000IDX

Shares122.56K

TypeSH

Market value$22.84M

10.30%

Sole

122.56K

Shared

0.00

None

0.00

VANGUARD VALUE ETF

SOLE

VALUE ETF

Shares142.54K

TypeSH

Market value$19.69M

8.88%

Sole

142.54K

Shared

0.00

None

0.00

ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF

SOLE

CORE MSCI TOTAL

Shares199.39K

TypeSH

Market value$12.35M

5.57%

Sole

199.39K

Shared

0.00

None

0.00

SPDR PORTFOLIO HIGH YIELD BOND ETF

SOLE

PORTFLI HIGH YLD

Shares520.47K

TypeSH

Market value$11.96M

5.39%

Sole

520.47K

Shared

0.00

None

0.00

SCHWAB U.S. SMALL-CAP ETF

SOLE

US SML CAP ETF

Shares278.70K

TypeSH

Market value$11.69M

5.27%

Sole

278.70K

Shared

0.00

None

0.00

ISHARES MSCI GERMANY ETF

SOLE

MSCI GERMANY ETF

Shares358.04K

TypeSH

Market value$10.19M

4.60%

Sole

358.04K

Shared

0.00

None

0.00

ENERGY SELECT SECTOR SPDR FUND

SOLE

ENERGY

Shares120.88K

TypeSH

Market value$10.01M

4.52%

Sole

120.88K

Shared

0.00

None

0.00

FINANCIAL SELECT SECTOR SPDR FUND

SOLE

FINANCIAL

Shares278.50K

TypeSH

Market value$8.95M

4.04%

Sole

278.50K

Shared

0.00

None

0.00

ISHARES MSCI ITALY ETF

SOLE

MSCI ITALY ETF

Shares284.52K

TypeSH

Market value$8.66M

3.91%

Sole

284.52K

Shared

0.00

None

0.00

ISHARES CORE S&P MID-CAP ETF

SOLE

CORE S&P MCP ETF

Shares29.62K

TypeSH

Market value$7.41M

3.34%

Sole

29.62K

Shared

0.00

None

0.00

SPDR PORTFOLIO EMERGING MARKETS ETF

SOLE

PORTFOLIO EMG MK

Shares191.64K

TypeSH

Market value$6.54M

2.95%

Sole

191.64K

Shared

0.00

None

0.00

VANGUARD SHORT-TERM CORPORATE BOND ETF

SOLE

SHRT TRM CORP BD

Shares72.16K

TypeSH

Market value$5.50M

2.48%

Sole

72.16K

Shared

0.00

None

0.00

SPDR BLACKSTONE SENIOR LOAN ETF

SOLE

BLACKSTONE SENR

Shares127.94K

TypeSH

Market value$5.30M

2.39%

Sole

127.94K

Shared

0.00

None

0.00

ISHARES US & INTL HIGH YIELD CORP BOND ETF

SOLE

US INTL HGH YLD

Shares120.93K

TypeSH

Market value$5.18M

2.34%

Sole

120.93K

Shared

0.00

None

0.00

VANGUARD EMERGING MARKETS GOVERNMENT BOND ETF

SOLE

EM MK GOV BD ETF

Shares82.59K

TypeSH

Market value$5.15M

2.32%

Sole

82.59K

Shared

0.00

None

0.00

ISHARES CONVERTIBLE BOND ETF

SOLE

CONV BD ETF

Shares68.10K

TypeSH

Market value$4.95M

2.23%

Sole

68.10K

Shared

0.00

None

0.00

APPLE INC COM

SOLE

COM

Shares20.82K

TypeSH

Market value$3.43M

1.55%

Sole

20.82K

Shared

0.00

None

0.00

SCHWAB INTERMEDIATE-TERM US TREASURY ETF

SOLE

INT-TRM U.S TRES

Shares64.70K

TypeSH

Market value$3.26M

1.47%

Sole

64.70K

Shared

0.00

None

0.00

SPDR PORTFOLIO S&P 500 GROWTH ETF

SOLE

PRTFLO S&P500 GW

Shares58.43K

TypeSH

Market value$3.23M

1.46%

Sole

58.43K

Shared

0.00

None

0.00

WP CAREY INC COM

SOLE

COM

Shares36.39K

TypeSH

Market value$2.82M

1.27%

Sole

36.39K

Shared

0.00

None

0.00

ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF

SOLE

ISHS 5-10YR INVT

Shares46.97K

TypeSH

Market value$2.41M

1.09%

Sole

46.97K

Shared

0.00

None

0.00

ISHARES MSCI USA MIN VOL FACTOR ETF

SOLE

MSCI USA MIN VOL

Shares30.74K

TypeSH

Market value$2.24M

1.01%

Sole

30.74K

Shared

0.00

None

0.00

ISHARES SHORT-TERM NATIONAL MUNI BOND ETF

SOLE

SHRT NAT MUN ETF

Shares20.84K

TypeSH

Market value$2.18M

0.98%

Sole

20.84K

Shared

0.00

None

0.00

VANGUARD MORTGAGE-BACKED SECURITIES ETF

SOLE

MTG-BKD SECS ETF

Shares42.09K

TypeSH

Market value$1.96M

0.88%

Sole

42.09K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
ISHARES CORE U.S. AGGREGATE BOND ETFSOLE	CORE US AGGBD ET	229.63K	SH	$22.88M 10.32%	229.63K
VANGUARD RUSSELL 1000 ETFSOLE	VNG RUS1000IDX	122.56K	SH	$22.84M 10.30%	122.56K
VANGUARD VALUE ETFSOLE	VALUE ETF	142.54K	SH	$19.69M 8.88%	142.54K
ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETFSOLE	CORE MSCI TOTAL	199.39K	SH	$12.35M 5.57%	199.39K
SPDR PORTFOLIO HIGH YIELD BOND ETFSOLE	PORTFLI HIGH YLD	520.47K	SH	$11.96M 5.39%	520.47K
SCHWAB U.S. SMALL-CAP ETFSOLE	US SML CAP ETF	278.70K	SH	$11.69M 5.27%	278.70K
ISHARES MSCI GERMANY ETFSOLE	MSCI GERMANY ETF	358.04K	SH	$10.19M 4.60%	358.04K
ENERGY SELECT SECTOR SPDR FUNDSOLE	ENERGY	120.88K	SH	$10.01M 4.52%	120.88K
FINANCIAL SELECT SECTOR SPDR FUNDSOLE	FINANCIAL	278.50K	SH	$8.95M 4.04%	278.50K
ISHARES MSCI ITALY ETFSOLE	MSCI ITALY ETF	284.52K	SH	$8.66M 3.91%	284.52K
ISHARES CORE S&P MID-CAP ETFSOLE	CORE S&P MCP ETF	29.62K	SH	$7.41M 3.34%	29.62K
SPDR PORTFOLIO EMERGING MARKETS ETFSOLE	PORTFOLIO EMG MK	191.64K	SH	$6.54M 2.95%	191.64K
VANGUARD SHORT-TERM CORPORATE BOND ETFSOLE	SHRT TRM CORP BD	72.16K	SH	$5.50M 2.48%	72.16K
SPDR BLACKSTONE SENIOR LOAN ETFSOLE	BLACKSTONE SENR	127.94K	SH	$5.30M 2.39%	127.94K
ISHARES US & INTL HIGH YIELD CORP BOND ETFSOLE	US INTL HGH YLD	120.93K	SH	$5.18M 2.34%	120.93K
VANGUARD EMERGING MARKETS GOVERNMENT BOND ETFSOLE	EM MK GOV BD ETF	82.59K	SH	$5.15M 2.32%	82.59K
ISHARES CONVERTIBLE BOND ETFSOLE	CONV BD ETF	68.10K	SH	$4.95M 2.23%	68.10K
APPLE INC COMSOLE	COM	20.82K	SH	$3.43M 1.55%	20.82K
SCHWAB INTERMEDIATE-TERM US TREASURY ETFSOLE	INT-TRM U.S TRES	64.70K	SH	$3.26M 1.47%	64.70K
SPDR PORTFOLIO S&P 500 GROWTH ETFSOLE	PRTFLO S&P500 GW	58.43K	SH	$3.23M 1.46%	58.43K
WP CAREY INC COMSOLE	COM	36.39K	SH	$2.82M 1.27%	36.39K
ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETFSOLE	ISHS 5-10YR INVT	46.97K	SH	$2.41M 1.09%	46.97K
ISHARES MSCI USA MIN VOL FACTOR ETFSOLE	MSCI USA MIN VOL	30.74K	SH	$2.24M 1.01%	30.74K
ISHARES SHORT-TERM NATIONAL MUNI BOND ETFSOLE	SHRT NAT MUN ETF	20.84K	SH	$2.18M 0.98%	20.84K
VANGUARD MORTGAGE-BACKED SECURITIES ETFSOLE	MTG-BKD SECS ETF	42.09K	SH	$1.96M 0.88%	42.09K

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