Skip to main content
Livermore
Livermore
ZHEN

Astor Investment Management LLC

SEC CIK
0001598416
Latest filing
Jul 18, 2025

The latest 13F from Astor Investment Management LLC covers Q2 2025 (filed Jul 18, 2025): 28 long positions worth $185.1M. The top 10 holdings make up 80.1% of the portfolio, and the largest is State Street SPDR Portfolio S&P 500 ETF at 11.5%. Livermore has 18 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2025

Share counts compared with Q1 2025: 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
9
Est. +$28.4M
Added
4
Est. +$17.4M
Reduced
15
Est. −$31.3M
Sold out
4
Est. −$24.2M

Top 5 holdings

Share of this quarter's portfolio value

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    11.5%$21.3M
  2. SPDR Series Trust78464A805
    11.5%$21.3M
  3. Janus Detroit STR Tr47103U845
    9.9%$18.4M
  4. PIMCO ETF Tr72201R718
    9.6%$17.7M
  5. Victory Portfolios II92647X830
    9.2%$17.0M

Share of portfolio

Top 5 holdings and the other 23 positions, by share of portfolio value

  1. State Street SPDR Portfolio S&P 500 ETF11.5%
  2. SPDR Series Trust11.5%
  3. Janus Detroit STR Tr9.9%
  4. PIMCO ETF Tr9.6%
  5. Victory Portfolios II9.2%
  6. Other 23 positions48.3%

Biggest buys

New and added positions, by estimated amount bought

  1. Bondbloxx ETF Trust09789C788
    +$10.7MNew
  2. PIMCO ETF Tr72201R718
    +$10.7MAdded
  3. State Street Technology Select Sector SPDR ETF81369Y803
    +$8.31MNew
  4. Angel Oak Funds Trust03463K760
    +$7.98MNew
  5. iShares Trust iShares 0-1 Year Treasury Bond ETF464288679
    +$2.50MAdded

Largest weight increases

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

  1. PIMCO ETF Tr72201R718
    +5.82 pp3.8% → 9.6%
  2. Bondbloxx ETF Trust09789C788
    +5.81 pp0.0% → 5.8%
  3. State Street Technology Select Sector SPDR ETF81369Y803
    +4.49 pp0.0% → 4.5%
  4. Angel Oak Funds Trust03463K760
    +4.31 pp0.0% → 4.3%
  5. State Street SPDR Portfolio S&P 500 ETF78464A854
    +2.38 pp9.2% → 11.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Bondbloxx ETF Trust09789C861
    −$11.4MReduced
  2. State Street Real Estate Select Sector SPDR ETF81369Y860
    −$8.84MSold out
  3. PIMCO ETF Tr72201R627
    −$7.17MReduced
  4. Direxion Shares ETF Trust25459Y207
    −$6.24MSold out
  5. State Street Health Care Select Sector SPDR ETF81369Y209
    −$5.12MSold out

Largest weight decreases

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

  1. Bondbloxx ETF Trust09789C861
    −6.09 pp6.1% → <0.1%
  2. State Street Real Estate Select Sector SPDR ETF81369Y860
    −4.70 pp4.7% → 0.0%
  3. PIMCO ETF Tr72201R627
    −3.77 pp3.8% → <0.1%
  4. Direxion Shares ETF Trust25459Y207
    −3.32 pp3.3% → 0.0%
  5. State Street Health Care Select Sector SPDR ETF81369Y209
    −2.72 pp2.7% → 0.0%

Metrics

13F metrics for Q2 2025, computed only from the numbers in the filings. Definitions below.

Portfolio value
$185.1M
−$2.97M (−1.6%) vs. prior quarter
Positions
28
+5 vs. prior quarter
Top 10 concentration
80.1%
Top 10 as share of value
Turnover
24.5%
Q2 2025, one quarter
Average holding period
8.2 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

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

Peak $467.0M (Q2 2021)

Q1 2021: $439.1MQ2 2021: $467.0MQ3 2021: $449.9MQ4 2021: $460.1MQ1 2022: $421.6MQ2 2022: $373.3MQ3 2022: $349.8MQ4 2022: $327.1MQ1 2023: $309.6MQ2 2023: $294.9MQ3 2023: $265.6MQ4 2023: $261.0MQ1 2024: $251.8MQ2 2024: $217.2MQ3 2024: $209.0MQ4 2024: $195.2MQ1 2025: $188.0MQ2 2025: $185.1M
Q1 2021Q2 2025
13F filings of Astor Investment Management LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2025Jul 18, 202528$185.1MState Street SPDR Portfolio S&P 500 ETFSPDR Series TrustJanus Detroit STR Trvs. Q1 2025SEC
Q1 2025May 12, 202523$188.0MSPDR Series TrustJanus Detroit STR TrVictory Portfolios IIvs. Q4 2024SEC
Q4 2024Jan 22, 202530$195.2MSPDR Series TrustJanus Detroit STR TrState Street SPDR Portfolio S&P 500 ETFvs. Q3 2024SEC
Q3 2024Oct 24, 202431$209.0MState Street SPDR Portfolio S&P 500 ETFSPDR Series TrustJanus Detroit STR Trvs. Q2 2024SEC
Q2 2024Jul 31, 202430$217.2MState Street SPDR Portfolio S&P 500 ETFJanus Detroit STR TrFirst Tr Exchng Traded FD VIvs. Q1 2024SEC
Q1 2024Apr 30, 202430$251.8MState Street SPDR Portfolio S&P 500 ETFJanus Detroit STR TrSPDR Series Trustvs. Q4 2023SEC
Q4 2023Jan 30, 202429$261.0MJanus Detroit STR TrState Street SPDR Portfolio S&P 500 ETFSPDR Series Trustvs. Q3 2023SEC
Q3 2023Nov 2, 202326$265.6MSPDR Series TrustJanus Detroit STR TrState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q2 2023SEC
Q2 2023Jul 31, 202325$294.9MState Street SPDR Bloomberg 1-3 Month T-Bill ETFSPDR Series TrustState Street SPDR Portfolio Short Term Corporate Bond ETFvs. Q1 2023SEC
Q1 2023Apr 19, 202324$309.6MState Street SPDR Bloomberg 1-3 Month T-Bill ETFSPDR Series TrustState Street SPDR Portfolio Short Term Corporate Bond ETFvs. Q4 2022SEC
Q4 2022Feb 1, 202322$327.1MSPDR Series TrustState Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares Trvs. Q3 2022SEC
Q3 2022Oct 17, 202223$349.8MSPDR Series TrustiShares U S ETF TrState Street SPDR Portfolio Short Term Corporate Bond ETFvs. Q2 2022SEC
Q2 2022Jul 29, 202229$373.3MState Street SPDR Portfolio Short Term Corporate Bond ETFSPDR Series TrustState Street SPDR Portfolio S&P 500 ETFvs. Q1 2022SEC
Q1 2022May 16, 202255$421.6MSPDR Series TrustState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Min Vol Factor ETFvs. Q4 2021SEC
Q4 2021Jan 20, 202248$460.1MState Street SPDR Portfolio S&P 500 ETFSPDR Series TrustInvesco S&P 500 Equal Weight Technology ETFvs. Q3 2021SEC
Q3 2021Oct 20, 202151$449.9MInvesco S&P 500 Equal Weight Technology ETFSPDR Series TrustState Street SPDR Portfolio S&P 500 ETFvs. Q2 2021SEC
Q2 2021Jul 19, 202157$467.0MInvesco S&P 500 Equal Weight Technology ETFSPDR Series TrustState Street SPDR Portfolio S&P 500 ETFvs. Q1 2021SEC
Q1 2021Apr 15, 202156$439.1MInvesco S&P 500 Equal Weight Technology ETFState Street SPDR Portfolio S&P 500 ETFSPDR Series Trust–SEC