Resource Planning Group
- SEC CIK
- 0001537147
- Latest filing
- Jan 10, 2024
The latest 13F from Resource Planning Group covers Q4 2023 (filed Jan 10, 2024): 72 long positions worth $157.3M. The top 10 holdings make up 54.3% of the portfolio, and the largest is iShares Core U.S. Aggregate Bond ETF at 12.0%. Livermore has 12 filings on Form 13F from this institution, going back to Q1 2021.
What changed in Q4 2023
Share counts compared with Q3 2023: 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
- 16
- Est. +$20.3M
- Added
- 13
- Est. +$26.3M
- Reduced
- 35
- Est. −$15.8M
- Sold out
- 1
- Est. −$255.8K
Top 5 holdings
Share of this quarter's portfolio value
- iShares Core U.S. Aggregate Bond ETF46428722612.0%$18.9M
- Vanguard Short-Term Bond ETF92193782710.2%$16.0M
- Vanguard Morningstar Large-Cap ETF9229086375.1%$7.95M
- Vanguard Ftse Developed Markets ETF9219438584.9%$7.78M
- Vanguard Morningstar Small-Cap ETF9229087514.7%$7.36M
Biggest buys
New and added positions, by estimated amount bought
- iShares Core U.S. Aggregate Bond ETF464287226+$5.61MAdded
- Vanguard S&P 500 ETF922908363+$5.53MAdded
- Vanguard Short-Term Bond ETF921937827+$5.33MAdded
- Dimensional U.S. Core Equity 2 ETF25434V708+$4.93MAdded
- Vanguard Total International Bond ETF92203J407+$3.54MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Vanguard S&P 500 ETF922908363+3.42 pp0.6% → 4.0%
- Dimensional U.S. Core Equity 2 ETF25434V708+3.10 pp0.2% → 3.3%
- Vanguard Total International Bond ETF92203J407+1.90 pp1.6% → 3.5%
- iShares MSCI USA Momentum Factor ETF46432F396+1.62 pp0.0% → 1.6%
- Dimensional ETF Trust25434V724+1.62 pp0.0% → 1.6%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Vanguard Morningstar Large-Cap ETF922908637−$2.53MReduced
- Schwab US Tips ETF808524870−$2.19MReduced
- Schwab Fundamental International Small Equity ETF808524748−$1.89MReduced
- SPDR Series Trust78468R812−$1.74MReduced
- iShares Inc46434G764−$1.31MReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Vanguard Morningstar Large-Cap ETF922908637−2.91 pp8.0% → 5.1%
- Schwab US Tips ETF808524870−2.63 pp5.5% → 2.9%
- Schwab Fundamental International Small Equity ETF808524748−2.12 pp4.9% → 2.8%
- SPDR Series Trust78468R812−2.01 pp5.1% → 3.0%
- iShares Inc46434G764−1.73 pp5.4% → 3.6%
Metrics
13F metrics for Q4 2023, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $157.3M
- +$39.4M (+33.4%) vs. prior quarter
- Positions
- 72
- +15 vs. prior quarter
- Top 10 concentration
- 54.3%
- Top 10 as share of value
- Turnover
- 11.7%
- Q4 2023, one quarter
- Average holding period
- 9.4 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
12 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $172.7M (Q2 2021)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q4 2023 | Jan 10, 2024 | 72 | $157.3M | iShares Core U.S. Aggregate Bond ETFVanguard Short-Term Bond ETFVanguard Morningstar Large-Cap ETF | vs. Q3 2023 | SEC |
| Q3 2023 | Nov 14, 2023 | 57 | $118.0M | iShares Core U.S. Aggregate Bond ETFVanguard Short-Term Bond ETFVanguard Morningstar Large-Cap ETF | vs. Q2 2023 | SEC |
| Q2 2023 | Jul 28, 2023 | 59 | $123.5M | iShares Core U.S. Aggregate Bond ETFVanguard Morningstar Large-Cap ETFVanguard Short-Term Bond ETF | vs. Q1 2023 | SEC |
| Q1 2023 | May 12, 2023 | 60 | $123.1M | iShares Core U.S. Aggregate Bond ETFVanguard Short-Term Bond ETFVanguard Morningstar Large-Cap ETF | vs. Q4 2022 | SEC |
| Q4 2022 | Jan 31, 2023 | 64 | $124.8M | iShares Core U.S. Aggregate Bond ETFVanguard Short-Term Bond ETFVanguard Morningstar Large-Cap ETF | vs. Q3 2022 | SEC |
| Q3 2022 | Nov 3, 2022 | 62 | $115.0M | Vanguard Short-Term Bond ETFiShares Core U.S. Aggregate Bond ETFVanguard Morningstar Large-Cap ETF | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 2, 2022 | 64 | $120.1M | iShares Core U.S. Aggregate Bond ETFVanguard Short-Term Bond ETFVanguard Morningstar Large-Cap ETF | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 20, 2022 | 68 | $139.2M | iShares Core U.S. Aggregate Bond ETFSchwab US Tips ETFVanguard Morningstar Large-Cap ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Jan 12, 2022 | 71 | $149.1M | iShares Core U.S. Aggregate Bond ETFVanguard Morningstar Large-Cap ETFSchwab US Tips ETF | vs. Q3 2021 | SEC |
| Q3 2021 | Oct 12, 2021 | 86 | $159.1M | iShares Core U.S. Aggregate Bond ETFVanguard Morningstar Large-Cap ETFSchwab US Tips ETF | vs. Q2 2021 | SEC |
| Q2 2021 | Aug 13, 2021 | 84 | $172.7M | iShares Core U.S. Aggregate Bond ETFVanguard Intermediate-Term Corporate Bond ETFVanguard Morningstar Large-Cap ETF | vs. Q1 2021 | SEC |
| Q1 2021 | Apr 14, 2021 | 66 | $152.6M | iShares Core U.S. Aggregate Bond ETFVanguard Intermediate-Term Corporate Bond ETFVanguard Morningstar Large-Cap ETF | – | SEC |