FDLS β€” NORTHERN LTS FD TR IV

Ownership history in PAX Financial Group, LLC  Β·  14 quarters on record

This page tracks every 13F SEC filing in which PAX Financial Group, LLC reported a position in NORTHERN LTS FD TR IV (FDLS). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
1.4% (2023 Q3)
πŸ“Š Avg. % of fund
1.04%
πŸ“… First filed
2022 Q3
πŸ“… Last filed
2025 Q4
⏱ Quarters held
14

Position Intelligence

PAX Financial Group, LLC Γ— FDLS AI Analytics

πŸ“‰ PAX Financial Group, LLC underperformed the S&P 500 by –3.6% annually on this FDLS position. Timing score: 54% (7/13 decisions correct). Average cost basis: $21.40. Maximum drawdown during holding period: –4.8%.

πŸ“ˆ Position Alpha vs SPY
-3.6%
annualised excess return

⚠️ Trailed SPY by 3.6% ann. on this position.
13 quarters analyzed

⏱️ Timing Score
54%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
7 of 13 add/trim decisions correct

πŸ’° Entry Quality
$21.40
+67.0% vs current ($35.74)

Best entry: $20.16 (2022 Q3)  Β·  Worst: $35.74 (2025 Q4)

πŸ›‘οΈ Drawdown Resilience
–4.8%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
43%
buy-side decisions

6 adds Β· 8 trims. Bought during 1 of 4 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 0.63% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    FDLS price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 102,458 +403 +0.4% 0.63% $3.7M $35.74
2025 Q3 REDUCED 102,055 -6,155 -5.7% 0.64% $3.6M $34.83
2025 Q2 REDUCED 108,210 -63,300 -36.9% 0.66% $3.4M $31.60
2025 Q1 REDUCED 171,510 -14,552 -7.8% 0.86% $4.8M $27.94
2024 Q4 REDUCED 186,062 -7,927 -4.1% 0.98% $5.5M $29.18
2024 Q3 REDUCED 193,989 -14,355 -6.9% 1.09% $6.1M $29.34
2024 Q2 REDUCED 208,344 -12,040 -5.5% 1.20% $6.2M $27.53
2024 Q1 REDUCED 220,384 -9,947 -4.3% 1.35% $6.7M $28.40
2023 Q4 REDUCED 230,331 -307 -0.1% 1.38% $6.7M $27.17
2023 Q3 ADDED 230,638 +12,378 +5.7% 1.40% $6.1M $24.49
4 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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