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Livermore
Livermore
ZHEN

JJJ Advisors Inc.

SEC CIK
0001598561
Latest filing
Jul 25, 2024

The latest 13F from JJJ Advisors Inc. covers Q2 2024 (filed Jul 25, 2024): 1,091 long positions worth $477.1M. The top 10 holdings make up 57.6% of the portfolio, and the largest is iShares Core S&P 500 ETF at 13.4%. Livermore has 15 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2024

Share counts compared with Q1 2024: 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
42
Est. +$29.5M
Added
214
Est. +$50.8M
Reduced
333
Est. −$73.5M
Sold out
42
Est. −$921.7K

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P 500 ETF464287200
    13.4%$63.9M
  2. American Centy ETF Tr025072703
    8.4%$40.0M
  3. iShares Core U.S. Aggregate Bond ETF464287226
    7.4%$35.5M
  4. ETF Ser Solutions26922A321
    6.7%$31.8M
  5. WisdomTree Tr97717X669
    5.1%$24.2M

Biggest buys

New and added positions, by estimated amount bought

  1. WisdomTree Tr97717X669
    +$19.7MAdded
  2. Columbia ETF Tr II19762B202
    +$14.4MNew
  3. Pacer US Small Cap Cash Cows ETF69374H857
    +$14.0MNew
  4. American Centy ETF Tr025072703
    +$11.5MAdded
  5. J P Morgan Exchange Traded F46641Q670
    +$7.42MAdded

Largest weight increases

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

  1. WisdomTree Tr97717X669
    +4.15 pp0.9% → 5.1%
  2. Columbia ETF Tr II19762B202
    +3.02 pp0.0% → 3.0%
  3. Pacer US Small Cap Cash Cows ETF69374H857
    +2.94 pp0.0% → 2.9%
  4. American Centy ETF Tr025072703
    +2.17 pp6.2% → 8.4%
  5. J P Morgan Exchange Traded F46641Q670
    +1.54 pp0.5% → 2.1%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Schwab US Dividend Equity ETF808524797
    −$18.0MReduced
  2. Schwab U.S. Small-Cap ETF808524607
    −$15.6MReduced
  3. Vanguard Ftse Emerging Markets ETF922042858
    −$14.3MReduced
  4. iShares MSCI Eafe Min Vol Factor ETF46429B689
    −$11.4MReduced
  5. iShares Core S&P 500 ETF464287200
    −$3.33MReduced

Largest weight decreases

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

  1. Schwab US Dividend Equity ETF808524797
    −4.12 pp8.2% → 4.1%
  2. Schwab U.S. Small-Cap ETF808524607
    −3.46 pp3.8% → 0.4%
  3. Vanguard Ftse Emerging Markets ETF922042858
    −2.90 pp3.0% → 0.1%
  4. iShares MSCI Eafe Min Vol Factor ETF46429B689
    −2.49 pp2.8% → 0.3%
  5. iShares Core S&P 500 ETF464287200
    −0.36 pp13.7% → 13.4%

Metrics

13F metrics for Q2 2024, computed only from the numbers in the filings. Definitions below.

Portfolio value
$477.1M
+$7.42M (+1.6%) vs. prior quarter
Positions
1,091
0 vs. prior quarter
Top 10 concentration
57.6%
Top 10 as share of value
Turnover
15.7%
Q2 2024, one quarter
Average holding period
11.5 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

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

Peak $477.1M (Q2 2024)

Q1 2021: $250.7MQ2 2021: $275.3MQ3 2021: $282.8MQ4 2021: $333.4MQ1 2022: $361.3MQ2 2022: $335.6MQ3 2022: $306.3MQ4 2022: $354.7MQ1 2023: $352.7MQ2 2023: $363.5MQ3 2023: $379.5MQ4 2023: $414.1MQ1 2024: $469.7MQ2 2024: $477.1M
Q1 2021Q2 2024
13F filings of JJJ Advisors Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2024Jul 25, 20241,091$477.1MiShares Core S&P 500 ETFAmerican Centy ETF TriShares Core U.S. Aggregate Bond ETFvs. Q1 2024SEC
Q1 2024Apr 15, 20241,091$469.7MiShares Core S&P 500 ETFSchwab US Dividend Equity ETFiShares Core U.S. Aggregate Bond ETFvs. Q4 2023SEC
Q4 2023Jan 29, 20241,133$414.1MiShares Core S&P 500 ETFSchwab US Dividend Equity ETFiShares Core U.S. Aggregate Bond ETFvs. Q3 2023SEC
Q3 2023Oct 13, 20231,054$379.5MiShares Core S&P 500 ETFSchwab US Dividend Equity ETFiShares Core U.S. Aggregate Bond ETFvs. Q2 2023SEC
Q2 2023Jul 11, 2023989$363.5MiShares Core S&P 500 ETFSchwab US Dividend Equity ETFiShares Core U.S. Aggregate Bond ETFvs. Q1 2023SEC
Q1 2023Apr 21, 20231,004$352.7MiShares Core S&P 500 ETFSchwab US Dividend Equity ETFiShares Core U.S. Aggregate Bond ETFvs. Q4 2022SEC
Q4 2022Jan 23, 20231,031$354.7MiShares Core S&P 500 ETFSchwab US Dividend Equity ETFJPMorgan Ultra-Short Income ETFvs. Q3 2022SEC
Q3 2022Oct 17, 20221,011$306.3MiShares Core S&P 500 ETFSchwab US Dividend Equity ETFJPMorgan Ultra-Short Income ETFvs. Q2 2022SEC
Q2 2022Aug 3, 20221,047$335.6MiShares Core S&P 500 ETFSchwab US Dividend Equity ETFJPMorgan Ultra-Short Income ETFvs. Q1 2022SEC
Q1 2022May 5, 20221,023$361.3MiShares Core S&P 500 ETFSchwab US Dividend Equity ETFJPMorgan Ultra-Short Income ETFvs. Q4 2021SEC
Q4 2021Feb 2, 20221,083$333.4MiShares Core S&P 500 ETFSchwab US Dividend Equity ETFSchwab U.S. Large-Cap Growth ETFvs. Q3 2021SEC
Q3 2021Oct 25, 2021Amended1,032$282.8MiShares Core S&P 500 ETFSchwab US Dividend Equity ETFiShares MSCI Eafe Min Vol Factor ETFvs. Q2 2021SEC
Q2 2021Jul 28, 2021916$275.3MiShares Core S&P 500 ETFSchwab US Dividend Equity ETFiShares MSCI Eafe Min Vol Factor ETFvs. Q1 2021SEC
Q1 2021Apr 28, 2021873$250.7MiShares Core S&P 500 ETFSchwab US Dividend Equity ETFiShares MSCI Eafe Min Vol Factor ETF–SEC