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Lenox Wealth Advisors, LLC

SEC CIK
0001569292
Latest filing
Apr 14, 2022

The latest 13F from Lenox Wealth Advisors, LLC covers Q1 2022 (filed Apr 14, 2022): 793 long positions worth $797.8M. The top 10 holdings make up 76.0% of the portfolio, and the largest is iShares Core S&P Mid-Cap ETF at 15.6%. Livermore has 5 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q1 2022

Share counts compared with Q4 2021: 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
86
Est. +$3.55M
Added
219
Est. +$17.7M
Reduced
218
Est. −$12.1M
Sold out
289
Est. −$1.89M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P Mid-Cap ETF464287507
    15.6%$124.5M
  2. iShares Inc464286525
    13.2%$105.1M
  3. SPYSPDR S&P 500 ETF Trust
    11.8%$94.5MHistory
  4. iShares Core MSCI Eafe ETF46432F842
    6.9%$55.3M
  5. State Street SPDR Portfolio S&P 500 ETF78464A854
    5.6%$44.5M

Biggest buys

New and added positions, by estimated amount bought

  1. iShares MSCI Eafe ETF464287465
    +$2.99MAdded
  2. State Street SPDR Portfolio S&P 500 ETF78464A854
    +$2.67MAdded
  3. Flexshares Tr33939L837
    +$2.42MAdded
  4. EIMEaton Vance Municipal Bond Fund
    +$1.71MNewHistory
  5. iShares Inc464286525
    +$1.23MAdded

Largest weight increases

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

  1. iShares Inc464286525
    +0.53 pp12.6% → 13.2%
  2. State Street SPDR Portfolio S&P 500 ETF78464A854
    +0.24 pp5.3% → 5.6%
  3. Flexshares Tr33939L837
    +0.24 pp2.8% → 3.0%
  4. ProShares Tr74348A467
    +0.23 pp5.1% → 5.3%
  5. iShares MSCI Eafe ETF464287465
    +0.23 pp4.2% → 4.4%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. SPYSPDR S&P 500 ETF Trust
    −$3.78MReducedHistory
  2. Vanguard Ftse Emerging Markets ETF922042858
    −$1.82MReduced
  3. Vanguard Total World Stock ETF922042742
    −$1.03MReduced
  4. Schwab U.S. Large-Cap ETF808524201
    −$947.4KReducedConverted for a 2-for-1 split
  5. WisdomTree Tr97717W802
    −$552.0KReduced

Largest weight decreases

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

  1. SPYSPDR S&P 500 ETF Trust
    −0.70 pp12.6% → 11.8%History
  2. iShares Core S&P Mid-Cap ETF464287507
    −0.65 pp16.2% → 15.6%
  3. iShares Core MSCI Eafe ETF46432F842
    −0.35 pp7.3% → 6.9%
  4. Vanguard Total World Stock ETF922042742
    −0.25 pp4.2% → 3.9%
  5. Vanguard Ftse Emerging Markets ETF922042858
    −0.24 pp0.4% → 0.1%

Metrics

13F metrics for Q1 2022, computed only from the numbers in the filings. Definitions below.

Portfolio value
$797.8M
−$33.4M (−4.0%) vs. prior quarter
Positions
793
−203 vs. prior quarter
Top 10 concentration
76.0%
Top 10 as share of value
Turnover
1.7%
Q1 2022, one quarter
Average holding period
4.9 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

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

Peak $831.2M (Q4 2021)

Q1 2021: $729.3MQ2 2021: $780.9MQ3 2021: $777.3MQ4 2021: $831.2MQ1 2022: $797.8M
Q1 2021Q1 2022
13F filings of Lenox Wealth Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q1 2022Apr 14, 2022793$797.8MiShares Core S&P Mid-Cap ETFiShares IncSPYvs. Q4 2021SEC
Q4 2021Jan 19, 2022996$831.2MiShares Core S&P Mid-Cap ETFiShares IncSPYvs. Q3 2021SEC
Q3 2021Oct 12, 2021764$777.3MiShares Core S&P Mid-Cap ETFiShares IncSPYvs. Q2 2021SEC
Q2 2021Jul 8, 2021739$780.9MiShares Core S&P Mid-Cap ETFiShares IncSPYvs. Q1 2021SEC
Q1 2021Apr 26, 2021732$729.3MiShares Core S&P Mid-Cap ETFSPYiShares Inc–SEC