13F
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RiverFront Investment Group, LLC

13F equity value
$6.5B
Positions
384
Top 10 concentration
33.4%
Quarters / total new picks
25 / 296
13F equity value over time
$0M$3B$6B2017201820192020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 25 quarters, returned +3.3% per quarter — versus +4.1% per quarter from simply owning every 13F stock. It beat that baseline in only 44.0% of quarters (excess t = 0.06, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+0.1%
t-stat
0.06
Quarterly win rate
44%
Annualized excess
-2.4%
$1 → follow vs universe
$2.17 vs $2.47
Cumulative return: $1 invested in new picks vs universe
1.00 20190930: universe 1.07520200331: universe 1.29620200630: universe 1.43220200930: universe 1.75620201231: universe 1.83620210331: universe 1.85320210630: universe 2.00120210930: universe 1.79620211231: universe 1.52820220331: universe 1.64120220630: universe 1.52020220930: universe 1.63320221231: universe 1.51720230331: universe 1.59820230630: universe 1.54120230930: universe 1.74920231231: universe 1.82720240331: universe 1.86820240630: universe 2.03820240930: universe 2.02120241231: universe 1.88620250331: universe 2.05620250630: universe 2.12020250930: universe 2.38420251231: universe 2.467 20190930: follow 1.01820200331: follow 1.13020200630: follow 1.31820200930: follow 1.34320201231: follow 1.46920210331: follow 1.43520210630: follow 1.46220210930: follow 1.43620211231: follow 1.61420220331: follow 1.49520220630: follow 1.37020220930: follow 1.32820221231: follow 1.31620230331: follow 1.33320230630: follow 1.32220230930: follow 1.38920231231: follow 1.56320240331: follow 1.59020240630: follow 1.68820240930: follow 1.68420241231: follow 1.68220250331: follow 1.78120250630: follow 1.83120250930: follow 2.08220251231: follow 2.169 0.92 1.79 2.66 2019202020212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 384 · 2026 Q1

Ticker Value Weight QoQ
IEFA $296M
4.6%
ADD
GSLC $249M
3.9%
ADD
JEPI $239M
3.7%
ADD
AAPL $234M
3.6%
ADD
EFV $208M
3.2%
ADD
SPAB $199M
3.1%
HOLD
SCHI $192M
3.0%
HOLD
IYW $182M
2.8%
ADD
TBLL $181M
2.8%
NEW
BND $176M
2.7%
HOLD
NVDA $175M
2.7%
ADD
XLK $167M
2.6%
HOLD
SMH $164M
2.5%
ADD
JPST $139M
2.1%
ADD
JAAA $133M
2.1%
HOLD
TLH $133M
2.1%
HOLD
JIVE $132M
2.0%
ADD
QQQ $129M
2.0%
ADD
IYG $122M
1.9%
ADD
GOOG $121M
1.9%
TRIM

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.