Baystate Wealth Management LLC
- SEC CIK
- 0001546408
- Latest filing
- Jan 29, 2024
The latest 13F from Baystate Wealth Management LLC covers Q4 2023 (filed Jan 29, 2024): 1,322 long positions worth $1.36B. The top 10 holdings make up 57.1% of the portfolio, and the largest is iShares Russell Top 200 Growth ETF at 8.7%. Livermore has 13 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
- 327
- Est. +$6.71M
- Added
- 507
- Est. +$53.1M
- Reduced
- 161
- Est. −$21.5M
- Sold out
- 34
- Est. −$178.1K
Top 5 holdings
Share of this quarter's portfolio value
- iShares Russell Top 200 Growth ETF4642894388.7%$118.0M
- State Street SPDR Portfolio Developed World Ex-US ETF78463X8897.5%$101.9M
- Invesco Exchange Traded FD T46137V6137.0%$95.4M
- iShares Core S&P 500 ETF4642872006.4%$87.7M
- iShares Core U.S. Aggregate Bond ETF4642872265.9%$81.1M
Biggest buys
New and added positions, by estimated amount bought
- iShares Core U.S. Aggregate Bond ETF464287226+$13.5MAdded
- State Street SPDR Portfolio Developed World Ex-US ETF78463X889+$3.72MAdded
- Vanguard Ftse Emerging Markets ETF922042858+$2.40MAdded
- Vanguard Morningstar Value ETF922908744+$2.23MAdded
- Invesco Exchange Traded FD T46137V613+$2.13MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- iShares Core U.S. Aggregate Bond ETF464287226+0.68 pp5.3% → 5.9%
- Invesco Exch TRD SLF Idx FD46138J619+0.14 pp4.4% → 4.6%
- iShares Russell Midcap ETF464287499+0.11 pp3.6% → 3.7%
- Vanguard Admiral FDS Inc921932828+0.11 pp2.6% → 2.7%
- iShares S&P 100 ETF464287101+0.11 pp<0.1% → 0.1%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474−$5.37MReduced
- iShares Tr464288885−$1.18MReduced
- Vanguard Scottsdale FDS92206C565−$1.18MReduced
- iShares Russell Top 200 Growth ETF464289438−$1.12MReduced
- iShares Core S&P Mid-Cap ETF464287507−$925.1KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474−0.70 pp3.2% → 2.5%
- iShares Core MSCI Eafe ETF46432F842−0.17 pp4.0% → 3.9%
- Vanguard Scottsdale FDS92206C565−0.11 pp0.3% → 0.2%
- iShares Tr464288885−0.09 pp0.2% → 0.1%
- iShares Core S&P Mid-Cap ETF464287507−0.07 pp0.1% → 0.1%
Metrics
13F metrics for Q4 2023, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $1.36B
- +$149.3M (+12.3%) vs. prior quarter
- Positions
- 1,322
- +293 vs. prior quarter
- Top 10 concentration
- 57.1%
- Top 10 as share of value
- Turnover
- 1.7%
- Q4 2023, one quarter
- Average holding period
- 11.2 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 $1.36B (Q4 2023)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q4 2023 | Jan 29, 2024 | 1,322 | $1.36B | iShares Russell Top 200 Growth ETFState Street SPDR Portfolio Developed World Ex-US ETFInvesco Exchange Traded FD T | vs. Q3 2023 | SEC |
| Q3 2023 | Oct 26, 2023 | 1,029 | $1.21B | iShares Russell Top 200 Growth ETFState Street SPDR Portfolio Developed World Ex-US ETFInvesco Exchange Traded FD T | vs. Q2 2023 | SEC |
| Q2 2023 | Sep 21, 2023Amended | 1,047 | $1.22B | iShares Russell Top 200 Growth ETFState Street SPDR Portfolio Developed World Ex-US ETFInvesco Exchange Traded FD T | vs. Q1 2023 | SEC |
| Q1 2023 | Apr 25, 2023 | 1,034 | $1.15B | Invesco Exchange Traded FD TiShares Russell Top 200 Growth ETFState Street SPDR Portfolio Developed World Ex-US ETF | vs. Q4 2022 | SEC |
| Q4 2022 | Jan 13, 2023 | 976 | $1.09B | Invesco Exchange Traded FD TiShares Russell Top 200 Growth ETFiShares Core S&P 500 ETF | vs. Q3 2022 | SEC |
| Q3 2022 | Nov 14, 2022 | 924 | $971.7M | Invesco Exchange Traded FD TState Street SPDR Portfolio Developed World Ex-US ETFiShares Russell Top 200 Growth ETF | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 2, 2022 | 939 | $1.03B | State Street SPDR Portfolio Developed World Ex-US ETFInvesco Exchange Traded FD TiShares Russell Top 200 Growth ETF | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 19, 2022 | 911 | $1.13B | State Street SPDR Portfolio Developed World Ex-US ETFInvesco Exchange Traded FD TiShares Russell Top 200 Growth ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Jan 21, 2022 | 913 | $1.11B | State Street SPDR Portfolio Developed World Ex-US ETFiShares Russell Top 200 Growth ETFInvesco Exchange Traded FD T | vs. Q3 2021 | SEC |
| Q3 2021 | Nov 5, 2021 | 902 | $1.01B | State Street SPDR Portfolio Developed World Ex-US ETFiShares Russell Top 200 Growth ETFInvesco Exchange Traded FD T | vs. Q2 2021 | SEC |
| Q2 2021 | Jul 26, 2021 | 869 | $1.01B | State Street SPDR Portfolio Developed World Ex-US ETFiShares Russell Top 200 Growth ETFInvesco Exchange Traded FD T | vs. Q1 2021 | SEC |
| Q1 2021 | Apr 21, 2021 | 812 | $943.8M | State Street SPDR Portfolio Developed World Ex-US ETFiShares Russell Top 200 Growth ETFiShares Core S&P 500 ETF | – | SEC |