# EDGAR Filing Document

**Accession Number:** 0001330325
**File Stem:** 0001330325-23-000002
**Filing Date:** 2023-1
**Character Count:** 16228
**Document Hash:** 9194d55903631d6fe6a5a2e0689d4ce9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001330325-23-000002.hdr.sgml**: 20230118

**ACCESSION NUMBER**: 0001330325-23-000002

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230118

**DATE AS OF CHANGE**: 20230118

**EFFECTIVENESS DATE**: 20230118

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Opus Capital Group, LLC
- **CENTRAL INDEX KEY:** 0001330325
- **IRS NUMBER:** 204857214
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11411
- **FILM NUMBER:** 23534198

**BUSINESS ADDRESS:**
- **STREET 1:** 221 EAST FOURTH STREET
- **STREET 2:** SUITE 2850
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202
- **BUSINESS PHONE:** 513-621-6787

**MAIL ADDRESS:**
- **STREET 1:** 221 EAST FOURTH STREET
- **STREET 2:** SUITE 2850
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OPUS CAPITAL MANAGEMENT, INC.
- **DATE OF NAME CHANGE:** 20051219

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Opus Capital Management, Inc.
- **DATE OF NAME CHANGE:** 20050615

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Opus Capital Group LLC<br>**Address:** 221 EAST FOURTH STREET<br>SUITE 2850<br>CINCINNATI, OH 45202

**Form 13F File Number:** 028-11411

**CRD Number (if applicable):** 000106528

**SEC File Number (if applicable):** 801-51533

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Joseph P Condren<br>**Title:** Principal COO and CCO<br>**Phone:** 5136216787

**Signature, Place, and Date of Signing:**

Joseph P Condren  Cincinnati, OH  01-18-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 119

**Form 13F Information Table Value Total:** $515954

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Abbott Laboratories | COM | 002824100 |  | 376 | 3422 | SH |  | SOLE | 0 | 3422 | 0 | 0 |
| Abbvie Inc | COM | 00287Y109 |  | 794 | 4913 | SH |  | SOLE | 0 | 4913 | 0 | 0 |
| Air Products  Chemicals Inc | COM | 009158106 |  | 682 | 2211 | SH |  | SOLE | 0 | 2211 | 0 | 0 |
| Avantis US Large Cap Value ETF | US LARGE CAP VLU | 025072349 |  | 13205 | 263100 | SH |  | SOLE | 0 | 263100 | 0 | 0 |
| Avantis Emerging Markets Equity ETF | AVANTIS EMGMKT | 025072604 |  | 7503 | 148720 | SH |  | SOLE | 0 | 148720 | 0 | 0 |
| Avantis Intl Small Cap Value ETF | INTL SMCP VLU | 025072802 |  | 16549 | 298980 | SH |  | SOLE | 0 | 298980 | 0 | 0 |
| Anavex Life Sciences | COM | 032797300 |  | 245 | 26500 | SH |  | SOLE | 0 | 26500 | 0 | 0 |
| Apple Inc | COM | 037833100 |  | 2280 | 17552 | SH |  | SOLE | 0 | 17552 | 0 | 0 |
| Automatic Data Processing | COM | 053015103 |  | 531 | 2223 | SH |  | SOLE | 0 | 2223 | 0 | 0 |
| Berkshire Hath. Cl B | COM | 084670207 |  | 525 | 1700 | SH |  | SOLE | 0 | 1700 | 0 | 0 |
| Blackrock Inc | COM | 09247X101 |  | 501 | 707 | SH |  | SOLE | 0 | 707 | 0 | 0 |
| Broadcom Ltd | COM | 11135F101 |  | 791 | 1415 | SH |  | SOLE | 0 | 1415 | 0 | 0 |
| Cambria Foreign Shareholder Yield ETF | CAMBRIA FGN SHR | 132061300 |  | 6970 | 287154 | SH |  | SOLE | 0 | 287154 | 0 | 0 |
| Cambria Emerging Shareholder Yield ETF | EMRG SHAREHLDR | 132061706 |  | 4352 | 155196 | SH |  | SOLE | 0 | 155196 | 0 | 0 |
| Chevron Corp | COM | 166764100 |  | 1038 | 5782 | SH |  | SOLE | 0 | 5782 | 0 | 0 |
| Cincinnati Financial | COM | 172062101 |  | 231 | 2255 | SH |  | SOLE | 0 | 2255 | 0 | 0 |
| Cisco Systems | COM | 17275R102 |  | 330 | 6928 | SH |  | SOLE | 0 | 6928 | 0 | 0 |
| Compass Diversified | COM | 20451Q104 |  | 1604 | 88000 | SH |  | SOLE | 0 | 88000 | 0 | 0 |
| Corning Inc | COM | 219350105 |  | 248 | 7773 | SH |  | SOLE | 0 | 7773 | 0 | 0 |
| Crown Castle International Corp | COM | 22822V101 |  | 380 | 2800 | SH |  | SOLE | 0 | 2800 | 0 | 0 |
| Duke Energy Corporation | COM | 26441C105 |  | 429 | 4166 | SH |  | SOLE | 0 | 4166 | 0 | 0 |
| Eaton Corporation | COM | 278058102 |  | 407 | 2596 | SH |  | SOLE | 0 | 2596 | 0 | 0 |
| Energy Transfer LP | COM | 29273V100 |  | 218 | 18399 | SH |  | SOLE | 0 | 18399 | 0 | 0 |
| Eversource Energy | COM | 30040W108 |  | 229 | 2732 | SH |  | SOLE | 0 | 2732 | 0 | 0 |
| Exxon Mobil Corp | COM | 30231G102 |  | 790 | 7159 | SH |  | SOLE | 0 | 7159 | 0 | 0 |
| Meta Platforms Inc | COM | 30303M102 |  | 313 | 2604 | SH |  | SOLE | 0 | 2604 | 0 | 0 |
| Flexshares Morningstar Global Upstream Natural Resources | MORNSTAR UPSTR | 33939L407 |  | 576 | 13256 | SH |  | SOLE | 0 | 13256 | 0 | 0 |
| Global Blockchain Mng | COM | 37958T100 |  | 0 | 50000 | SH |  | SOLE | 0 | 50000 | 0 | 0 |
| Home Depot | COM | 437076102 |  | 774 | 2451 | SH |  | SOLE | 0 | 2451 | 0 | 0 |
| Hubbell Inc Class B | COM | 443510201 |  | 214 | 910 | SH |  | SOLE | 0 | 910 | 0 | 0 |
| Illinois Tool Works | COM | 452308109 |  | 312 | 1418 | SH |  | SOLE | 0 | 1418 | 0 | 0 |
| Nasdaq 100 Shares | UNIT SER 1 | 46090E103 |  | 224 | 840 | SH |  | SOLE | 0 | 840 | 0 | 0 |
| Invesco High Yield Equity Dividend Achievers ETF | HIG YLD EQ DIV | 46137V563 |  | 205 | 9920 | SH |  | SOLE | 0 | 9920 | 0 | 0 |
| iShares Morningstar US Equity ETF | LRGE CORE INDX | 464287127 |  | 289 | 5491 | SH |  | SOLE | 0 | 5491 | 0 | 0 |
| iShares S 500 Index | S 500 INDEX | 464287200 |  | 1814 | 4720 | SH |  | SOLE | 0 | 4720 | 0 | 0 |
| iShares S Midcap 400 | CORE S MCP ETF | 464287507 |  | 530 | 2191 | SH |  | SOLE | 0 | 2191 | 0 | 0 |
| iShares Russell 1000 Value | RUSSELL1000VAL | 464287598 |  | 1101 | 7259 | SH |  | SOLE | 0 | 7259 | 0 | 0 |
| iShares Russell 1000 Growth | RUS 1000 GRW ETF | 464287614 |  | 765 | 3572 | SH |  | SOLE | 0 | 3572 | 0 | 0 |
| iShares Russell 1000 Index | RUSSELL 1000 | 464287622 |  | 17840 | 84741 | SH |  | SOLE | 0 | 84741 | 0 | 0 |
| iShares Russell 2000 Value Idx | RUSL 2000 VALU | 464287630 |  | 763 | 5501 | SH |  | SOLE | 0 | 5501 | 0 | 0 |
| iShares Russell 2000 Idx | RUSSELL 2000 ETF | 464287655 |  | 1967 | 11280 | SH |  | SOLE | 0 | 11280 | 0 | 0 |
| iShares Core S Small-Cap ETF | CORE S SCP ETF | 464287804 |  | 32740 | 345937 | SH |  | SOLE | 0 | 345937 | 0 | 0 |
| iShares 3-7 Year Treasury Bond | 3-7 YR TR BD ETF | 464288661 |  | 506 | 4400 | SH |  | SOLE | 0 | 4400 | 0 | 0 |
| iShares Core MSCI EAFE ETF | CORE MSCI EAFE | 46432F842 |  | 22148 | 359311 | SH |  | SOLE | 0 | 359311 | 0 | 0 |
| iShares Core 1-5 Year USD Bond ETF | CORE 1 5 YR USD | 46432F859 |  | 529 | 11385 | SH |  | SOLE | 0 | 11385 | 0 | 0 |
| iShares Core MSCI Emerging Markets | CORE MSCI EMKT | 46434G103 |  | 8513 | 182293 | SH |  | SOLE | 0 | 182293 | 0 | 0 |
| JPMorgan Chase  Co | COM | 46625H100 |  | 261 | 1944 | SH |  | SOLE | 0 | 1944 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 235 | 1328 | SH |  | SOLE | 0 | 1328 | 0 | 0 |
| Keurig Dr Pepper Inc. | COM | 49271V100 |  | 327 | 9159 | SH |  | SOLE | 0 | 9159 | 0 | 0 |
| Kroger Corp | COM | 501044101 |  | 204 | 4579 | SH |  | SOLE | 0 | 4579 | 0 | 0 |
| Lilly Eli  Co | COM | 532457108 |  | 520 | 1421 | SH |  | SOLE | 0 | 1421 | 0 | 0 |
| Lockheed Martin Corp | COM | 539830109 |  | 448 | 921 | SH |  | SOLE | 0 | 921 | 0 | 0 |
| Marathon Group Corp | COM | 565807401 |  | 0 | 300000 | SH |  | SOLE | 0 | 300000 | 0 | 0 |
| Marsh  McLennan | COM | 571748102 |  | 516 | 3119 | SH |  | SOLE | 0 | 3119 | 0 | 0 |
| Matador Resources Co | COM | 576485205 |  | 459 | 8020 | SH |  | SOLE | 0 | 8020 | 0 | 0 |
| McDonalds Corp | COM | 580135101 |  | 588 | 2232 | SH |  | SOLE | 0 | 2232 | 0 | 0 |
| Medical Svcs Intl Cl A | COM | 58463C101 |  | 0 | 50000 | SH |  | SOLE | 0 | 50000 | 0 | 0 |
| Medtronic Inc. | COM | 585055106 |  | 259 | 3338 | SH |  | SOLE | 0 | 3338 | 0 | 0 |
| Merck  Co | COM | 589331107 |  | 935 | 8428 | SH |  | SOLE | 0 | 8428 | 0 | 0 |
| Meta Materials Inc. | COM | 59134N104 |  | 12 | 10000 | SH |  | SOLE | 0 | 10000 | 0 | 0 |
| Microsoft | COM | 594918104 |  | 707 | 2946 | SH |  | SOLE | 0 | 2946 | 0 | 0 |
| Mondelez Intl Inc Cl A | COM | 609207105 |  | 703 | 10548 | SH |  | SOLE | 0 | 10548 | 0 | 0 |
| Nextera Energy Inc | COM | 65339F101 |  | 765 | 9148 | SH |  | SOLE | 0 | 9148 | 0 | 0 |
| NW Biotherapeutics | COM | 66737P600 |  | 47 | 60150 | SH |  | SOLE | 0 | 60150 | 0 | 0 |
| Nutanix Inc | COM | 67059N108 |  | 417 | 16007 | SH |  | SOLE | 0 | 16007 | 0 | 0 |
| Otter Tail Corp | COM | 689648103 |  | 309 | 5266 | SH |  | SOLE | 0 | 5266 | 0 | 0 |
| PNC Financial Services | COM | 693475105 |  | 592 | 3749 | SH |  | SOLE | 0 | 3749 | 0 | 0 |
| Paychex Inc | COM | 704326107 |  | 281 | 2430 | SH |  | SOLE | 0 | 2430 | 0 | 0 |
| Pepsico Inc | COM | 713448108 |  | 896 | 4958 | SH |  | SOLE | 0 | 4958 | 0 | 0 |
| Procter  Gamble | COM | 742718109 |  | 18908 | 124757 | SH |  | SOLE | 0 | 124757 | 0 | 0 |
| Prologis Inc | COM | 74340W103 |  | 412 | 3655 | SH |  | SOLE | 0 | 3655 | 0 | 0 |
| Qualcomm Inc | COM | 747525103 |  | 346 | 3146 | SH |  | SOLE | 0 | 3146 | 0 | 0 |
| Realty Income Corp. | COM | 756109104 |  | 445 | 7010 | SH |  | SOLE | 0 | 7010 | 0 | 0 |
| SPDR S 500 ETF | TR UNIT | 78462F103 |  | 402 | 1052 | SH |  | SOLE | 0 | 1052 | 0 | 0 |
| SPDR Gold Trust | GOLD SHS | 78463V107 |  | 220 | 1298 | SH |  | SOLE | 0 | 1298 | 0 | 0 |
| SPDR Developed World ex-US ETF | PORTFOLIO DEVLPD | 78463X889 |  | 2019 | 67996 | SH |  | SOLE | 0 | 67996 | 0 | 0 |
| SPDR S 600 Small Cap Value | S 600 SMCP VAL | 78464A300 |  | 10374 | 139769 | SH |  | SOLE | 0 | 139769 | 0 | 0 |
| Schwab U.S. Broad Market ETF | US BRD MKT ETF | 808524102 |  | 3147 | 70237 | SH |  | SOLE | 0 | 70237 | 0 | 0 |
| Schwab U.S. Small Cap ETF | US SML CAP ETF | 808524607 |  | 837 | 20663 | SH |  | SOLE | 0 | 20663 | 0 | 0 |
| Schwab Fundamental Emg Mkts Large Co Index | SCHWB FDT EMK LG | 808524730 |  | 789 | 31823 | SH |  | SOLE | 0 | 31823 | 0 | 0 |
| Schwab Fundamental International Large Cap | SCHWB FDT INT LG | 808524755 |  | 15358 | 528314 | SH |  | SOLE | 0 | 528314 | 0 | 0 |
| Schwab Fundamental US Small Cap ETF | SCHWAB FDT US SC | 808524763 |  | 409 | 8744 | SH |  | SOLE | 0 | 8744 | 0 | 0 |
| Schwab US Dividend Equity ETF | US DIVIDEND EQ | 808524797 |  | 5607 | 74231 | SH |  | SOLE | 0 | 74231 | 0 | 0 |
| Schwab International Equity ETF | INTL EQTY ETF | 808524805 |  | 34561 | 1072996 | SH |  | SOLE | 0 | 1072996 | 0 | 0 |
| Schwab Intermediate-Term U.S. Treasury ETF | INTRM TRM TRES | 808524854 |  | 830 | 16868 | SH |  | SOLE | 0 | 16868 | 0 | 0 |
| Sellas Life Sciences Gro | COM | 81642T209 |  | 46 | 19672 | SH |  | SOLE | 0 | 19672 | 0 | 0 |
| Sempra Energy | COM | 816851109 |  | 460 | 2976 | SH |  | SOLE | 0 | 2976 | 0 | 0 |
| Service Corp Int'l Inc. | COM | 817565104 |  | 4436 | 64155 | SH |  | SOLE | 0 | 64155 | 0 | 0 |
| Starbucks Corp | COM | 855244109 |  | 814 | 8209 | SH |  | SOLE | 0 | 8209 | 0 | 0 |
| Texas Instruments | COM | 882508104 |  | 510 | 3085 | SH |  | SOLE | 0 | 3085 | 0 | 0 |
| Truist Finl Corp | COM | 89832Q109 |  | 559 | 12988 | SH |  | SOLE | 0 | 12988 | 0 | 0 |
| US Bancorp | COM | 902973304 |  | 527 | 12077 | SH |  | SOLE | 0 | 12077 | 0 | 0 |
| United Parcel Service | COM | 911312106 |  | 469 | 2697 | SH |  | SOLE | 0 | 2697 | 0 | 0 |
| Vanguard Dividend Appreciation | DIV APP ETF | 921908844 |  | 2585 | 17020 | SH |  | SOLE | 0 | 17020 | 0 | 0 |
| Vanguard US Multifactor | US MULTIFACTOR | 921935607 |  | 8488 | 85882 | SH |  | SOLE | 0 | 85882 | 0 | 0 |
| Vanguard Short Term Bond Index | SHORT TRM BOND | 921937827 |  | 2053 | 27271 | SH |  | SOLE | 0 | 27271 | 0 | 0 |
| Vanguard Total Bond Market | TOTAL BND MRKT | 921937835 |  | 7747 | 107837 | SH |  | SOLE | 0 | 107837 | 0 | 0 |
| Vanguard FTSE Developed Markets ETF | FTSE DEV MKT ETF | 921943858 |  | 7954 | 189521 | SH |  | SOLE | 0 | 189521 | 0 | 0 |
| Vanguard High Dividend Yield Indx ETF | HIGH DIV YLD | 921946406 |  | 32313 | 298610 | SH |  | SOLE | 0 | 298610 | 0 | 0 |
| Vanguard International High Dividend ETF | INTL HIGH ETF | 921946794 |  | 2418 | 40588 | SH |  | SOLE | 0 | 40588 | 0 | 0 |
| Vanguard FTSE All-World ex-US Sm-Cp ETF | FTSE SMCAP ETF | 922042718 |  | 919 | 8935 | SH |  | SOLE | 0 | 8935 | 0 | 0 |
| Vanguard Emerging Market | FTSE EMR MKT ETF | 922042858 |  | 3786 | 97121 | SH |  | SOLE | 0 | 97121 | 0 | 0 |
| Vanguard Energy ETF | ENERGY ETF | 92204A306 |  | 246 | 2027 | SH |  | SOLE | 0 | 2027 | 0 | 0 |
| Vanguard Short-Term Treasury Index | SHORT TERM TREAS | 92206C102 |  | 20719 | 358332 | SH |  | SOLE | 0 | 358332 | 0 | 0 |
| Vanguard Short-Term Corp Bond ETF | SHRT-TERM CORP | 92206C409 |  | 4071 | 54140 | SH |  | SOLE | 0 | 54140 | 0 | 0 |
| Vanguard Russell 1000 Growth ETF | VNG RUS1000GRW | 92206C680 |  | 863 | 15656 | SH |  | SOLE | 0 | 15656 | 0 | 0 |
| Vanguard Intermediate-Term Treasury Index | INTER TERM TREAS | 92206C706 |  | 23366 | 399548 | SH |  | SOLE | 0 | 399548 | 0 | 0 |
| Vanguard Russell 1000 ETF | VNG RUS1000IDX | 92206C730 |  | 11460 | 65764 | SH |  | SOLE | 0 | 65764 | 0 | 0 |
| Vanguard S 500 ETF | S 500 ETF SHS | 922908363 |  | 96015 | 273283 | SH |  | SOLE | 0 | 273283 | 0 | 0 |
| Vanguard Real Estate Index | REIT ETF | 922908553 |  | 1114 | 13505 | SH |  | SOLE | 0 | 13505 | 0 | 0 |
| Vanguard Small-Cap Growth ETF | SML CP GRW ETF | 922908595 |  | 1146 | 5717 | SH |  | SOLE | 0 | 5717 | 0 | 0 |
| Vanguard Large Cap Value ETF | VALUE ETF | 922908744 |  | 4990 | 35549 | SH |  | SOLE | 0 | 35549 | 0 | 0 |
| Vanguard Total Stock Market ETF | TOTAL STK MKT | 922908769 |  | 292 | 1528 | SH |  | SOLE | 0 | 1528 | 0 | 0 |
| Walgreens Boots Alliance Inc. | COM | 931427108 |  | 284 | 7601 | SH |  | SOLE | 0 | 7601 | 0 | 0 |
| Williams Companies | COM | 969457100 |  | 237 | 7193 | SH |  | SOLE | 0 | 7193 | 0 | 0 |
| Wisconsin Energy | COM | 976657106 |  | 262 | 2791 | SH |  | SOLE | 0 | 2791 | 0 | 0 |
| Wisdomtree Small Cap Dividend | SMALLCAP DIVID | 97717W604 |  | 892 | 31372 | SH |  | SOLE | 0 | 31372 | 0 | 0 |
| iShares Short-Term National Muni Bond ETF | SHRT NAT MUN ETF | 464288158 |  | 6263 | 60069 | SH |  | SOLE | 0 | 60069 | 0 | 0 |
| iShares National AMT-Free Muni Bond | NATIONAL MUN ETF | 464288414 |  | 10174 | 96415 | SH |  | SOLE | 0 | 96415 | 0 | 0 |

---