Hefren-Tillotson, Inc.
- SEC CIK
- 0001581793
- Latest filing
- Apr 7, 2022
The latest 13F from Hefren-Tillotson, Inc. covers Q1 2022 (filed Apr 7, 2022): 13 long positions worth $522.5M. The top 10 holdings make up 98.3% of the portfolio, and the largest is iShares Core S&P Mid-Cap ETF at 43.7%. 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.
- New
- 0
- Added
- 9
- Est. +$7.29M
- Reduced
- 4
- Est. −$6.26M
- Sold out
- 0
Top 5 holdings
Share of this quarter's portfolio value
- iShares Core S&P Mid-Cap ETF46428750743.7%$228.4M
- iShares Core S&P Small Cap ETF46428780417.5%$91.5M
- Vanguard Morningstar Value ETF9229087449.8%$51.2M
- iShares Core S&P 500 ETF4642872007.9%$41.1M
- iShares S&P 500 Growth ETF4642873096.5%$33.7M
Share of portfolio
Top 5 holdings and the other 8 positions, by share of portfolio value
- iShares Core S&P Mid-Cap ETF43.7%
- iShares Core S&P Small Cap ETF17.5%
- Vanguard Morningstar Value ETF9.8%
- iShares Core S&P 500 ETF7.9%
- iShares S&P 500 Growth ETF6.5%
- Other 8 positions14.7%
Biggest buys
New and added positions, by estimated amount bought
- Vanguard Morningstar Value ETF922908744+$2.30MAdded
- iShares Core S&P 500 ETF464287200+$1.26MAdded
- iShares Tr464288273+$1.04MAdded
- Vanguard Dividend Appreciation ETF921908844+$887.0KAdded
- iShares Core MSCI Emerging Markets ETF46434G103+$583.6KAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Vanguard Morningstar Value ETF922908744+1.05 pp8.7% → 9.8%
- iShares Core S&P 500 ETF464287200+0.33 pp7.5% → 7.9%
- iShares Tr464288273+0.13 pp2.1% → 2.2%
- Vanguard Scottsdale FDS92206C409+0.10 pp2.0% → 2.1%
- iShares Core MSCI Emerging Markets ETF46434G103+0.10 pp1.2% → 1.3%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares S&P 500 Growth ETF464287309−$4.29MReduced
- Vanguard Ftse Emerging Markets ETF922042858−$720.1KReduced
- iShares Core S&P Small Cap ETF464287804−$650.3KReduced
- iShares Core S&P Mid-Cap ETF464287507−$605.4KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- iShares S&P 500 Growth ETF464287309−1.03 pp7.5% → 6.5%
- Vanguard Ftse Emerging Markets ETF922042858−0.15 pp2.2% → 2.0%
- iShares Core S&P Small Cap ETF464287804−0.08 pp17.6% → 17.5%
Metrics
13F metrics for Q1 2022, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $522.5M
- −$33.7M (−6.1%) vs. prior quarter
- Positions
- 13
- 0 vs. prior quarter
- Top 10 concentration
- 98.3%
- Top 10 as share of value
- Turnover
- 1.2%
- Q1 2022, one quarter
- Average holding period
- 5.0 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 $556.2M (Q4 2021)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q1 2022 | Apr 7, 2022 | 13 | $522.5M | iShares Core S&P Mid-Cap ETFiShares Core S&P Small Cap ETFVanguard Morningstar Value ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Jan 12, 2022 | 13 | $556.2M | iShares Core S&P Mid-Cap ETFiShares Core S&P Small Cap ETFVanguard Morningstar Value ETF | vs. Q3 2021 | SEC |
| Q3 2021 | Oct 7, 2021 | 13 | $483.9M | iShares Core S&P Mid-Cap ETFiShares Core S&P Small Cap ETFVanguard Morningstar Value ETF | vs. Q2 2021 | SEC |
| Q2 2021 | Jul 14, 2021 | 12 | $474.5M | iShares Core S&P Mid-Cap ETFiShares Core S&P Small Cap ETFVanguard Morningstar Value ETF | vs. Q1 2021 | SEC |
| Q1 2021 | Apr 28, 2021 | 13 | $441.6M | iShares Core S&P Mid-Cap ETFiShares Core S&P Small Cap ETFVanguard Morningstar Value ETF | – | SEC |