Gateway Advisory, LLC
- SEC CIK
- 0001512404
- Latest filing
- Nov 14, 2024
The latest 13F from Gateway Advisory, LLC covers Q3 2024 (filed Nov 14, 2024): 131 long positions worth $620.2M. The top 10 holdings make up 55.6% of the portfolio, and the largest is iShares Trust iShares 0-1 Year Treasury Bond ETF at 9.7%. Livermore has 16 filings on Form 13F from this institution, going back to Q1 2021.
What changed in Q3 2024
Share counts compared with Q2 2024: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.
- New
- 6
- Est. +$3.49M
- Added
- 48
- Est. +$16.6M
- Reduced
- 68
- Est. −$9.12M
- Sold out
- 15
- Est. −$10.5M
Top 5 holdings
Share of this quarter's portfolio value
- iShares Trust iShares 0-1 Year Treasury Bond ETF4642886799.7%$60.5M
- BRK.BBerkshire Hathaway Inc
- iShares Ibonds Dec 2033 Term Corporate ETF46436E1307.3%$45.0M
- iShares Ibonds Dec 2031 Term Corporate ETF46436E4865.5%$34.3M
- iShares Ibonds Dec 2032 Term Corporate ETF46436E3125.5%$34.3M
Biggest buys
New and added positions, by estimated amount bought
- iShares Trust iShares 0-1 Year Treasury Bond ETF464288679+$7.38MAdded
- iShares Ibonds Dec 2033 Term Corporate ETF46436E130+$1.38MAdded
- iShares Ibonds Dec 2032 Term Corporate ETF46436E312+$1.15MAdded
- iShares Ibonds Dec 2031 Term Corporate ETF46436E486+$1.12MAdded
- iShares Ibonds Dec 2030 Term Corporate ETF46436E726+$1.09MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- iShares Trust iShares 0-1 Year Treasury Bond ETF464288679+0.74 pp9.0% → 9.7%
- State Street Utilities Select Sector SPDR ETF81369Y886+0.46 pp2.8% → 3.2%
- iShares Ibonds Dec 2033 Term Corporate ETF46436E130+0.18 pp7.1% → 7.3%
- iShares Ibonds Dec 2032 Term Corporate ETF46436E312+0.15 pp5.4% → 5.5%
- iShares Ibonds Dec 2031 Term Corporate ETF46436E486+0.14 pp5.4% → 5.5%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
Metrics
13F metrics for Q3 2024, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $620.2M
- +$31.4M (+5.3%) vs. prior quarter
- Positions
- 131
- −9 vs. prior quarter
- Top 10 concentration
- 55.6%
- Top 10 as share of value
- Turnover
- 3.2%
- Q3 2024, one quarter
- Average holding period
- 7.9 quarters
- Weighted by value
How these are calculated
- Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
- Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
- Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
- Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.
13F filings by quarter
15 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $620.2M (Q3 2024)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q3 2024 | Nov 14, 2024 | 131 | $620.2M | iShares Trust iShares 0-1 Year Treasury Bond ETFBRK.BiShares Ibonds Dec 2033 Term Corporate ETF | vs. Q2 2024 | SEC |
| Q2 2024 | Aug 14, 2024 | 140 | $588.8M | iShares Trust iShares 0-1 Year Treasury Bond ETFBRK.BiShares Ibonds Dec 2033 Term Corporate ETF | vs. Q1 2024 | SEC |
| Q1 2024 | May 15, 2024 | 132 | $570.1M | iShares Trust iShares 0-1 Year Treasury Bond ETFBRK.BiShares Ibonds Dec 2033 Term Corporate ETF | vs. Q4 2023 | SEC |
| Q4 2023 | Feb 7, 2024 | 128 | $520.9M | iShares Trust iShares 0-1 Year Treasury Bond ETFiShares Ibonds Dec 2033 Term Corporate ETFBRK.B | vs. Q3 2023 | SEC |
| Q3 2023 | Nov 14, 2023 | 107 | $490.3M | iShares Trust iShares 0-1 Year Treasury Bond ETFiShares TrBRK.B | vs. Q2 2023 | SEC |
| Q2 2023 | Aug 10, 2023 | 106 | $472.0M | iShares Trust iShares 0-1 Year Treasury Bond ETFiShares TrBRK.B | vs. Q1 2023 | SEC |
| Q1 2023 | May 12, 2023Amended | 93 | $449.1M | iShares Trust iShares 0-1 Year Treasury Bond ETFiShares TrBRK.B | vs. Q4 2022 | SEC |
| Q4 2022 | Feb 14, 2023 | 73 | $389.7M | iShares TriShares TrInvesco Exchange Traded FD T | vs. Q3 2022 | SEC |
| Q3 2022 | Nov 14, 2022 | 77 | $403.3M | iShares TriShares TriShares Ibonds Dec 2027 Term Corporate ETF | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 15, 2022 | 64 | $234.8M | iShares TriShares TriShares Tr | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 21, 2022 | 97 | $368.0M | iShares TriShares MSCI USA Min Vol Factor ETFiShares Tr | vs. Q4 2021 | SEC |
| Q4 2021 | Jan 14, 2022 | 103 | $469.1M | Invesco Exchange Traded FD TiShares MSCI USA Min Vol Factor ETFiShares Tr | vs. Q3 2021 | SEC |
| Q3 2021 | Oct 21, 2021 | 117 | $480.4M | iShares MSCI USA Min Vol Factor ETFInvesco Exchange Traded FD TIndexiq ETF Tr | vs. Q2 2021 | SEC |
| Q2 2021 | Aug 4, 2021 | 104 | $469.7M | iShares MSCI USA Min Vol Factor ETFInvesco Exchange Traded FD TIndexiq ETF Tr | vs. Q1 2021 | SEC |
| Q1 2021 | Apr 12, 2021 | 93 | $395.4M | Invesco Exchange Traded FD TiShares MSCI USA Min Vol Factor ETFIndexiq ETF Tr | – | SEC |