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Livermore
Livermore
ZHEN

Private Ocean, LLC

SEC CIK
0001601742
Latest filing
Jul 30, 2024

The latest 13F from Private Ocean, LLC covers Q2 2024 (filed Jul 30, 2024): 632 long positions worth $1.13B. The top 10 holdings make up 64.3% of the portfolio, and the largest is Dimensional U.S. Core Equity 2 ETF at 21.4%. Livermore has 14 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
230
Est. +$21.2M
Added
136
Est. +$199.2M
Reduced
95
Est. −$29.9M
Sold out
74
Est. −$4.48M

Top 5 holdings

Share of this quarter's portfolio value

  1. Dimensional U.S. Core Equity 2 ETF25434V708
    21.4%$243.0M
  2. iShares Tr46434V613
    11.7%$132.8M
  3. Vanguard Scottsdale FDS92206C409
    5.0%$56.9M
  4. Dimensional Emerging Core Equity Market ETF25434V302
    5.0%$56.2M
  5. Dimensional ETF Trust25434V658
    4.8%$54.5M

Biggest buys

New and added positions, by estimated amount bought

  1. AAPLApple Inc.
    +$28.7MAddedHistory
  2. Vanguard Total Bond Market ETF921937835
    +$25.5MAdded
  3. Vanguard Scottsdale FDS92206C409
    +$25.1MAdded
  4. VanEck ETF Trust92189H409
    +$19.0MAdded
  5. Dimensional U.S. Core Equity 2 ETF25434V708
    +$17.9MAdded

Largest weight increases

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

  1. AAPLApple Inc.
    +2.54 pp0.4% → 3.0%History
  2. Vanguard Total Bond Market ETF921937835
    +2.24 pp0.1% → 2.3%
  3. Vanguard Scottsdale FDS92206C409
    +1.65 pp3.4% → 5.0%
  4. VanEck ETF Trust92189H409
    +1.53 pp0.9% → 2.4%
  5. AONAon plc
    +1.30 pp0.0% → 1.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Invesco Exch Traded FD Tr II46138G805
    −$25.2MReduced
  2. INSPInspire Medical Systems, Inc.
    −$2.74MSold outHistory
  3. SPDR Series Trust78464A284
    −$1.09MReduced
  4. iShares Tr46435G516
    −$879.3KReduced
  5. Invesco Exch Traded FD Tr II46138E784
    −$856.4KReduced

Largest weight decreases

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

  1. Invesco Exch Traded FD Tr II46138G805
    −2.70 pp2.7% → <0.1%
  2. SPDR Series Trust78464A284
    −0.40 pp1.7% → 1.3%
  3. INSPInspire Medical Systems, Inc.
    −0.29 pp0.3% → 0.0%History
  4. iShares Tr46435G516
    −0.27 pp1.1% → 0.8%
  5. iShares Tr464287622
    −0.26 pp1.9% → 1.6%

Metrics

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

Portfolio value
$1.13B
+$190.1M (+20.1%) vs. prior quarter
Positions
632
+156 vs. prior quarter
Top 10 concentration
64.3%
Top 10 as share of value
Turnover
3.3%
Q2 2024, one quarter
Average holding period
11.7 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 $1.13B (Q2 2024)

Q1 2021: $563.1MQ2 2021: $763.4MQ3 2021: $821.2MQ4 2021: $854.3MQ1 2022: $801.6MQ2 2022: $649.2MQ3 2022: $635.1MQ4 2022: $805.6MQ1 2023: $752.0MQ2 2023: $789.2MQ3 2023: $787.7MQ4 2023: $1.01BQ1 2024: $943.6MQ2 2024: $1.13B
Q1 2021Q2 2024
13F filings of Private Ocean, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2024Jul 30, 2024632$1.13BDimensional U.S. Core Equity 2 ETFiShares TrVanguard Scottsdale FDSvs. Q1 2024SEC
Q1 2024Apr 17, 2024476$943.6MDimensional U.S. Core Equity 2 ETFiShares TrDimensional ETF Trustvs. Q4 2023SEC
Q4 2023Jan 23, 2024514$1.01BDimensional U.S. Core Equity 2 ETFiShares TrVanguard Scottsdale FDSvs. Q3 2023SEC
Q3 2023Oct 24, 2023491$787.7MDimensional U.S. Core Equity 2 ETFiShares TrSPDR Series Trustvs. Q2 2023SEC
Q2 2023Jul 21, 2023579$789.2MDimensional U.S. Core Equity 2 ETFSPDR Series TrustVanguard Scottsdale FDSvs. Q1 2023SEC
Q1 2023Apr 21, 2023626$752.0MDimensional U.S. Core Equity 2 ETFVanguard Scottsdale FDSSPDR Series Trustvs. Q4 2022SEC
Q4 2022Feb 2, 2023562$805.6MDimensional U.S. Core Equity 2 ETFVanguard Scottsdale FDSSPDR Series Trustvs. Q3 2022SEC
Q3 2022Oct 24, 2022540$635.1MDimensional U.S. Core Equity 2 ETFVanguard Scottsdale FDSSPDR Series Trustvs. Q2 2022SEC
Q2 2022Jul 25, 2022591$649.2MDimensional U.S. Core Equity 2 ETFVanguard Scottsdale FDSSPDR Series Trustvs. Q1 2022SEC
Q1 2022Apr 25, 2022703$801.6MDimensional U.S. Core Equity 2 ETFVanguard Scottsdale FDSSPDR Series Trustvs. Q4 2021SEC
Q4 2021Jan 25, 2022621$854.3MDimensional U.S. Core Equity 2 ETFVanguard Scottsdale FDSSPDR Series Trustvs. Q3 2021SEC
Q3 2021Nov 9, 2021566$821.2MDimensional U.S. Core Equity 2 ETFVanguard Scottsdale FDSSPDR Series Trustvs. Q2 2021SEC
Q2 2021Aug 2, 2021543$763.4MDimensional U.S. Core Equity 2 ETFSPDR Series TrustVanguard Scottsdale FDSvs. Q1 2021SEC
Q1 2021Apr 20, 2021604$563.1MVanguard Scottsdale FDSSPDR Series TrustSPDR Series Trust–SEC