Telemus Capital, LLC
- SEC CIK
- 0001590491
- Latest filing
- Feb 1, 2024
The latest 13F from Telemus Capital, LLC covers Q4 2023 (filed Feb 1, 2024): 326 long positions worth $1.21B. The top 10 holdings make up 30.5% of the portfolio, and the largest is iShares Core S&P Small Cap ETF at 4.0%. Livermore has 14 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
- 31
- Est. +$19.5M
- Added
- 123
- Est. +$48.5M
- Reduced
- 147
- Est. −$44.5M
- Sold out
- 13
- Est. −$3.62M
Top 5 holdings
Share of this quarter's portfolio value
Biggest buys
New and added positions, by estimated amount bought
- Western Digital Corp958102AP0+$6.48MNew
- State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663+$5.76MAdded
- iShares Tr464288372+$5.54MAdded
- iShares Russell 2000 ETF464287655+$5.18MAdded
- iShares MSCI USA Min Vol Factor ETF46429B697+$2.03MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Western Digital Corp958102AP0+0.53 pp0.0% → 0.5%
- iShares Tr464288372+0.45 pp0.2% → 0.7%
- iShares Russell 2000 ETF464287655+0.44 pp1.3% → 1.7%
- State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663+0.40 pp0.7% → 1.1%
- BLDRBuilders FirstSource, Inc.
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- TXNTexas Instruments Inc
- iShares Core S&P Small Cap ETF464287804−$2.73MReduced
- iShares Tips Bond ETF464287176−$2.04MReduced
- ProShares Tr74347B425−$1.83MReduced
- SPDR Series Trust78468R101−$1.82MReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- TXNTexas Instruments Inc
- SPDR Series Trust78468R101−0.29 pp1.4% → 1.1%
- ProShares Tr74347B425−0.28 pp0.7% → 0.4%
- iShares Tips Bond ETF464287176−0.20 pp0.4% → 0.2%
- iShares Tr46436E718−0.19 pp1.5% → 1.3%
Metrics
13F metrics for Q4 2023, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $1.21B
- +$131.4M (+12.2%) vs. prior quarter
- Positions
- 326
- +18 vs. prior quarter
- Top 10 concentration
- 30.5%
- Top 10 as share of value
- Turnover
- 4.2%
- Q4 2023, one quarter
- Average holding period
- 11.0 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
12 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $1.45B (Q1 2021)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q4 2023 | Feb 1, 2024 | 326 | $1.21B | iShares Core S&P Small Cap ETFiShares Russell 1000 Growth ETFiShares Tr | vs. Q3 2023 | SEC |
| Q3 2023 | Oct 25, 2023 | 308 | $1.08B | iShares Core S&P Small Cap ETFiShares TriShares Russell 1000 Growth ETF | vs. Q2 2023 | SEC |
| Q2 2023 | Jul 10, 2023 | 323 | $1.18B | AAPLiShares Core S&P Small Cap ETFiShares Tr | vs. Q1 2023 | SEC |
| Q1 2023 | Apr 18, 2023Amended | 327 | $1.14B | iShares Core S&P Small Cap ETFAAPLiShares Tr | vs. Q4 2022 | SEC |
| Q4 2022 | Jan 11, 2023 | 332 | $1.10B | iShares Core S&P Small Cap ETFiShares TrAAPL | vs. Q3 2022 | SEC |
| Q3 2022 | Oct 11, 2022 | 313 | $973.3M | iShares TrAAPLiShares Core S&P Small Cap ETF | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 10, 2022Amended | 348 | $1.03B | AAPLiShares TrMSFT | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 6, 2022 | 340 | $1.15B | AAPLiShares Russell 2000 ETFMSFT | vs. Q4 2021 | SEC |
| Q4 2021 | Feb 1, 2022 | 374 | $1.24B | AAPLiShares Russell 2000 ETFiShares Tr | vs. Q3 2021 | SEC |
| Q3 2021 | Oct 27, 2021 | 348 | $1.18B | iShares TriShares Russell 2000 ETFAAPL | vs. Q2 2021 | SEC |
| Q2 2021 | Aug 9, 2021 | 348 | $1.39B | SPYAAPLiShares Tr | vs. Q1 2021 | SEC |
| Q1 2021 | Apr 20, 2021 | 387 | $1.45B | SPYAAPLiShares Tr | – | SEC |
13D and 13G filings
Companies where Telemus Capital, LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.
Current stakes of 5% or more
Telemus Capital, LLC does not currently report owning 5% or more of any company.
Latest filings
4 filings on file made by Telemus Capital, LLC or listing it as a reporting person, newest first.
| Company | Filed (ET) | Form | Stake | Change | Event date | Filing |
|---|---|---|---|---|---|---|
| BlackRock ETF Trust II | Jan 17, 2023 | 13GOld format | – | – | – | SEC |
| BlackRock ETF Trust II | Dec 9, 2022 | 13GOld format | – | New | – | SEC |
| IndexIQ ETF Trust | Jul 6, 2022 | 13GOld format | – | New | – | SEC |
| BKCCBlackRock Capital Investment Corp | Jan 13, 2021 | 13GOld format | – | New | – | SEC |