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Executive Wealth Management, LLC

SEC CIK
0001542611
Latest filing
Feb 13, 2025

The latest 13F from Executive Wealth Management, LLC covers Q4 2024 (filed Feb 13, 2025): 255 long positions worth $1.28B. The top 10 holdings make up 31.1% of the portfolio, and the largest is iShares Tr at 5.2%. Livermore has 19 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q4 2024

Share counts compared with Q3 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.

Full comparison
New
19
Est. +$41.0M
Added
112
Est. +$58.6M
Reduced
109
Est. −$55.6M
Sold out
25
Est. −$31.5M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Tr464287150
    5.2%$66.4M
  2. Vanguard Mortgage-Backed Securities ETF92206C771
    4.0%$50.8M
  3. Goldman Sachs ETF Tr381430479
    3.9%$49.5M
  4. AAPLApple Inc.
    3.8%$48.4MHistory
  5. Vanguard Scottsdale FDS92206C706
    2.7%$35.0M

Biggest buys

New and added positions, by estimated amount bought

  1. BLKBlackRock, Inc.
    +$10.5MNewHistory
  2. LMTLockheed Martin Corp
    +$7.24MNewHistory
  3. Invesco Nasdaq 100 ETF46138G649
    +$5.47MAdded
  4. State Street SPDR S&P 400 Mid Cap Value ETF78464A839
    +$5.16MNew
  5. UUPInvesco DB US Dollar Index Bullish Fund
    +$5.11MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. BLKBlackRock, Inc.
    +0.82 pp0.0% → 0.8%History
  2. LMTLockheed Martin Corp
    +0.57 pp0.0% → 0.6%History
  3. Invesco Nasdaq 100 ETF46138G649
    +0.46 pp0.8% → 1.2%
  4. State Street SPDR S&P 400 Mid Cap Value ETF78464A839
    +0.40 pp0.0% → 0.4%
  5. UUPInvesco DB US Dollar Index Bullish Fund
    +0.40 pp0.0% → 0.4%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. ELVElevance Health, Inc.
    −$10.9MSold outHistory
  2. EMREmerson Electric Co
    −$7.73MReducedHistory
  3. iShares MSCI USA Min Vol Factor ETF46429B697
    −$5.74MReduced
  4. IAUiShares Gold Trust
    −$5.62MReducedHistory
  5. iShares Inc464286525
    −$5.50MSold out

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. ELVElevance Health, Inc.
    −0.85 pp0.9% → 0.0%History
  2. EMREmerson Electric Co
    −0.53 pp0.6% → <0.1%History
  3. iShares MSCI USA Min Vol Factor ETF46429B697
    −0.52 pp2.3% → 1.7%
  4. IAUiShares Gold Trust
    −0.45 pp1.1% → 0.6%History
  5. iShares Tr464288521
    −0.44 pp0.5% → <0.1%

Metrics

13F metrics for Q4 2024, computed only from the numbers in the filings. Definitions below.

Portfolio value
$1.28B
+$2.15M (+0.2%) vs. prior quarter
Positions
255
−6 vs. prior quarter
Top 10 concentration
31.1%
Top 10 as share of value
Turnover
6.8%
Q4 2024, one quarter
Average holding period
6.6 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

16 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $1.28B (Q4 2024)

Q1 2021: $852.0MQ2 2021: $912.0MQ3 2021: $905.9MQ4 2021: $1.00BQ1 2022: $921.6MQ2 2022: $743.7MQ3 2022: $697.5MQ4 2022: $814.3MQ1 2023: $901.3MQ2 2023: $966.2MQ3 2023: $965.8MQ4 2023: $1.06BQ1 2024: $1.14BQ2 2024: $545.4MQ3 2024: $1.28BQ4 2024: $1.28B
Q1 2021Q4 2024
13F filings of Executive Wealth Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q4 2024Feb 13, 2025255$1.28BiShares TrVanguard Mortgage-Backed Securities ETFGoldman Sachs ETF Trvs. Q3 2024SEC
Q3 2024Nov 15, 2024Amended261$1.28BiShares TrVanguard Mortgage-Backed Securities ETFGoldman Sachs ETF Trvs. Q2 2024SEC
Q2 2024Aug 8, 2024Amended117$545.4MVanguard Mortgage-Backed Securities ETFVanguard Scottsdale FDSState Street SPDR Portfolio S&P 500 Growth ETFvs. Q1 2024SEC
Q1 2024May 13, 2024242$1.14BiShares TrVanguard Mortgage-Backed Securities ETFGoldman Sachs ETF Trvs. Q4 2023SEC
Q4 2023Jan 26, 2024215$1.06BiShares TrVanguard Mortgage-Backed Securities ETFGoldman Sachs ETF Trvs. Q3 2023SEC
Q3 2023Nov 7, 2023199$965.8MVanguard Mortgage-Backed Securities ETFGoldman Sachs ETF TrAAPLvs. Q2 2023SEC
Q2 2023Aug 2, 2023199$966.2MiShares TrVanguard Mortgage-Backed Securities ETFGoldman Sachs ETF Trvs. Q1 2023SEC
Q1 2023May 12, 2023Amended195$901.3MVanguard Mortgage-Backed Securities ETFGoldman Sachs ETF TrAAPLvs. Q4 2022SEC
Q4 2022Feb 13, 2023189$814.3MVanguard Mortgage-Backed Securities ETFGoldman Sachs ETF TriShares MSCI USA Min Vol Factor ETFvs. Q3 2022SEC
Q3 2022Nov 10, 2022175$697.5MVanguard Mortgage-Backed Securities ETFiShares MSCI USA Min Vol Factor ETFGoldman Sachs ETF Trvs. Q2 2022SEC
Q2 2022Jul 26, 2022181$743.7MVanguard Mortgage-Backed Securities ETFGoldman Sachs ETF TrVanguard Malvern FDSvs. Q1 2022SEC
Q1 2022Apr 13, 2022189$921.6MiShares MSCI USA Min Vol Factor ETFVanguard Mortgage-Backed Securities ETFAAPLvs. Q4 2021SEC
Q4 2021Feb 3, 2022198$1.00BiShares TrVanguard Mortgage-Backed Securities ETFAAPLvs. Q3 2021SEC
Q3 2021Oct 27, 2021185$905.9MiShares TrVanguard Mortgage-Backed Securities ETFState Street SPDR Portfolio S&P 500 Growth ETFvs. Q2 2021SEC
Q2 2021Jul 26, 2021191$912.0MiShares TrVanguard Mortgage-Backed Securities ETFState Street SPDR Portfolio S&P 500 Growth ETFvs. Q1 2021SEC
Q1 2021May 3, 2021188$852.0MiShares TrVanguard Mortgage-Backed Securities ETFVanguard Scottsdale FDS–SEC