Corbenic Partners LLC
- SEC CIK
- 0001568298
- Latest filing
- Jul 25, 2022
The latest 13F from Corbenic Partners LLC covers Q2 2022 (filed Jul 25, 2022): 230 long positions worth $379.6M. The top 10 holdings make up 65.3% of the portfolio, and the largest is Invesco QQQ Trust Series I at 17.6%. Livermore has 6 filings on Form 13F from this institution, going back to Q1 2021.
What changed in Q2 2022
Share counts compared with Q1 2022: 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
- 4
- Est. +$3.41M
- Added
- 33
- Est. +$45.1M
- Reduced
- 42
- Est. −$19.5M
- Sold out
- 21
- Est. −$51.6M
Top 5 holdings
Share of this quarter's portfolio value
- Invesco QQQ Trust Series I46090E10317.6%$67.0M
- iShares Core Dividend Growth ETF46434V62113.5%$51.3M
- Schwab US Dividend Equity ETF8085247978.5%$32.2M
- Vanguard Dividend Appreciation ETF9219088446.1%$23.1M
- MCDMcDonalds Corp
Biggest buys
New and added positions, by estimated amount bought
- Schwab US Dividend Equity ETF808524797+$22.0MAdded
- Schwab Emerging Markets Equity ETF808524706+$11.6MAdded
- iShares Tr464288414+$7.48MAdded
- Vanguard World FD921910816+$3.39MNew
- JNJJohnson & Johnson
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Schwab US Dividend Equity ETF808524797+6.03 pp2.5% → 8.5%
- Schwab Emerging Markets Equity ETF808524706+3.06 pp<0.1% → 3.1%
- iShares Tr464288414+2.10 pp0.8% → 2.9%
- Vanguard World FD921910816+0.89 pp0.0% → 0.9%
- IBMInternational Business Machines Corp
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- J P Morgan Exchange Traded F46641Q654−$51.0MSold out
- WisdomTree Tr97717X578−$4.86MReduced
- JPMorgan Ultra-Short Income ETF46641Q837−$4.22MReduced
- WisdomTree Tr97717X594−$3.86MReduced
- Invesco QQQ Trust Series I46090E103−$3.61MReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- J P Morgan Exchange Traded F46641Q654−11.10 pp11.1% → 0.0%
- Invesco QQQ Trust Series I46090E103−2.19 pp19.8% → 17.6%
- WisdomTree Tr97717X578−1.20 pp1.2% → 0.1%
- WisdomTree Tr97717X594−0.92 pp1.7% → 0.7%
- JPMorgan Ultra-Short Income ETF46641Q837−0.90 pp0.9% → <0.1%
Metrics
13F metrics for Q2 2022, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $379.6M
- −$80.4M (−17.5%) vs. prior quarter
- Positions
- 230
- −17 vs. prior quarter
- Top 10 concentration
- 65.3%
- Top 10 as share of value
- Turnover
- 11.6%
- Q2 2022, one quarter
- Average holding period
- 5.9 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
6 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $515.4M (Q4 2021)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2022 | Jul 25, 2022 | 230 | $379.6M | Invesco QQQ Trust Series IiShares Core Dividend Growth ETFSchwab US Dividend Equity ETF | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 14, 2022 | 247 | $460.1M | Invesco QQQ Trust Series IiShares Core Dividend Growth ETFJ P Morgan Exchange Traded F | vs. Q4 2021 | SEC |
| Q4 2021 | Jan 21, 2022 | 291 | $515.4M | J P Morgan Exchange Traded FInvesco QQQ Trust Series IiShares Core Dividend Growth ETF | vs. Q3 2021 | SEC |
| Q3 2021 | Oct 13, 2021 | 289 | $412.3M | J P Morgan Exchange Traded FInvesco QQQ Trust Series IiShares Core Dividend Growth ETF | vs. Q2 2021 | SEC |
| Q2 2021 | Jul 21, 2021 | 263 | $381.5M | J P Morgan Exchange Traded FInvesco QQQ Trust Series IiShares Core Dividend Growth ETF | vs. Q1 2021 | SEC |
| Q1 2021 | Apr 14, 2021 | 253 | $391.9M | J P Morgan Exchange Traded FInvesco QQQ Trust Series IiShares Core Dividend Growth ETF | – | SEC |