Quartz Partners' Q1 ETF Strategy
Quartz Partners Expands and Trims ETF Stakes in Active Q1 Strategy
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Key Points
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Quartz boosted its SGOV stake by 124.1% in Q1, adding 9,130 shares for a total of 16,487; SGOV opened at $100.55 on Friday.
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Quartz increased its JEPI position by 93.7% to 18,148 shares, after purchasing 8,781 shares; JEPI opened at $56.98, with a 50-day moving average of $56.15 and a 200-day moving average of $57.28.
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Quartz initiated a new position in SPDR S&P 600 Small Cap Value ETF (SLYV) with 22,594 shares, about a 0.05% stake, valued at roughly $2.14 million.
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Quartz trimmed its SPDR S&P Telecom ETF (XTL) holding by 69.0% to 5,234 shares; XTL opened at $207.59 on Friday, with a market cap around $587.5 million and a P/E of about 17.49.
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Quartz established a new position in Invesco S&P 500 Equal Weight ETF (RSP) with 4,359 shares, valued at roughly $837,000; about 61.18% of RSP is owned by hedge funds and other institutional investors.
Quartz Partners LLC made notable moves across several U.S. equity ETFs in the first quarter, building new positions and reshaping existing ones. The firm more than doubled its stake in the iShares 0-3 Month Treasury Bond ETF (SGOV), adding 9,130 shares to bring its total to 16,487 shares, valued at roughly $1.66 million, according to Watchlist News.
At the same time, Quartz cut its position in the SPDR S&P Telecom ETF (XTL) by 69.0%, leaving just 5,234 shares worth about $984,000. The moves reflect a broader reshuffling — away from telecom exposure and toward income, value, and equal-weight strategies.
Quartz More Than Doubles Its Short-Term Treasury Bet
Quartz added 9,130 shares of SGOV in Q1, a 124.1% increase. SGOV tracks ultra-short U.S. Treasury bonds maturing in zero to three months. It opened at $100.55 on Friday. The move signals a desire to park cash in a low-risk, liquid instrument while markets stay volatile.
The firm also grew its stake in the JPMorgan Equity Premium Income ETF (JEPI) by 93.7%, buying 8,781 shares to reach a total of 18,148. JEPI opened at $56.98, just above its 50-day moving average of $56.15, according to Ticker Report. The fund uses options strategies to generate income, making it popular in uncertain markets.
Two Brand-New Positions Target Value and Equal Weight
Quartz initiated a fresh stake in the SPDR S&P 600 Small Cap Value ETF (SLYV), buying 22,594 shares worth about $2.14 million. That represents roughly a 0.05% stake in the fund. Small-cap value stocks have drawn attention as investors hunt for cheaper names outside mega-cap tech.
The firm also opened a new position in the Invesco S&P 500 Equal Weight ETF (RSP), picking up 4,359 shares valued at about $837,000. RSP gives every S&P 500 company the same weight, reducing reliance on a handful of large tech giants. About 61.18% of RSP is owned by hedge funds and institutional investors.
Telecom Stake Gets Sharply Cut as Quartz Pivots Away
While Quartz was buying in several areas, it sold off most of its XTL position. The SPDR S&P Telecom ETF fell by 69.0% in the firm's portfolio, leaving just 5,234 shares. XTL opened at $207.59 on Friday, with a market cap of around $587.5 million and a price-to-earnings ratio of about 17.49.
The scale of the XTL reduction stands out. It was the largest percentage cut Quartz made across its ETF holdings in Q1. The shift suggests the firm sees less opportunity in telecom right now compared to income-focused or broadly diversified equity funds.
Bond ETF Buying Rounds Out a Busy Quarter for Quartz
Beyond these five funds, Quartz also made significant moves in bond ETFs. The firm raised its holdings in the iShares Core U.S. Aggregate Bond ETF (AGG) by 636.4% in Q1, adding shares to reach a total of 57,806, according to Ticker Report. That is a major bet on broad U.S. investment-grade bonds.
Quartz also reduced its stake in the iShares MSCI USA Momentum Factor ETF (MTUM) by 60.3%, trimming exposure to high-momentum stocks. Taken together, the Q1 moves show a firm rotating toward income, safety, and diversification — and away from more concentrated or momentum-driven plays.
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