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Burt Wealth Advisors

SEC CIK
0001612041
Latest filing
Nov 5, 2025

The latest 13F from Burt Wealth Advisors covers Q3 2025 (filed Nov 5, 2025): 115 long positions worth $407.3M. The top 10 holdings make up 65.5% of the portfolio, and the largest is CACI International Inc (CACI) at 9.9%. Livermore has 20 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q3 2025

Share counts compared with Q2 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
5
Est. +$3.42M
Added
21
Est. +$8.41M
Reduced
37
Est. −$3.30M
Sold out
6
Est. −$57.7M

Top 5 holdings

Share of this quarter's portfolio value

  1. CACICACI International Inc
    9.9%$40.3MHistory
  2. Schwab U.S. Large-Cap ETF808524201
    9.6%$39.0M
  3. Vanguard Intermediate-Term Bond ETF921937819
    8.8%$35.8M
  4. SPYSPDR S&P 500 ETF Trust
    7.2%$29.3MHistory
  5. State Street SPDR Portfolio Intermediate Term Corporate Bond ETF78464A375
    7.1%$29.0M

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Tr46434V878
    +$4.16MAdded
  2. BRK.BBerkshire Hathaway Inc
    +$2.57MNewHistory
  3. AMZNAmazon Com Inc
    +$1.13MAddedHistory
  4. Vanguard Intermediate-Term Bond ETF921937819
    +$1.03MAdded
  5. State Street SPDR Portfolio Intermediate Term Corporate Bond ETF78464A375
    +$743.5KAdded

Largest weight increases

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

  1. Schwab U.S. Large-Cap ETF808524201
    +1.31 pp8.3% → 9.6%
  2. iShares Tr46434V878
    +1.04 pp0.2% → 1.2%
  3. Vanguard Intermediate-Term Bond ETF921937819
    +0.91 pp7.9% → 8.8%
  4. State Street SPDR Portfolio Intermediate Term Corporate Bond ETF78464A375
    +0.72 pp6.4% → 7.1%
  5. Schwab U.S. Small-Cap ETF808524607
    +0.66 pp3.5% → 4.1%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. GLDMWorld Gold Trust
    −$35.3MSold outHistory
  2. Invesco Exch Traded FD Tr II46138E230
    −$21.3MSold out
  3. Vanguard Mun BD FDS922907746
    −$698.4KReduced
  4. Litman Gregory FDS Tr53700T827
    −$552.2KSold out
  5. SPYSPDR S&P 500 ETF Trust
    −$349.7KReducedHistory

Largest weight decreases

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

  1. GLDMWorld Gold Trust
    −8.06 pp8.1% → 0.0%History
  2. Invesco Exch Traded FD Tr II46138E230
    −4.86 pp4.9% → 0.0%
  3. Litman Gregory FDS Tr53700T827
    −0.13 pp0.1% → 0.0%
  4. RTXRTX Corp
    −0.06 pp0.1% → 0.0%History
  5. CNICanadian National Railway Co
    −0.05 pp<0.1% → 0.0%History

Metrics

13F metrics for Q3 2025, computed only from the numbers in the filings. Definitions below.

Portfolio value
$407.3M
−$30.0M (−6.9%) vs. prior quarter
Positions
115
−1 vs. prior quarter
Top 10 concentration
65.5%
Top 10 as share of value
Turnover
2.8%
Q3 2025, one quarter
Average holding period
15.8 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

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

Peak $437.3M (Q2 2025)

Q1 2021: $271.3MQ2 2021: $276.9MQ3 2021: $313.7MQ4 2021: $306.1MQ1 2022: $333.4MQ2 2022: $287.7MQ3 2022: $249.2MQ4 2022: $298.6MQ1 2023: $321.8MQ2 2023: $331.8MQ3 2023: $325.6MQ4 2023: $350.3MQ1 2024: $394.4MQ2 2024: $379.5MQ3 2024: $406.4MQ4 2024: $393.9MQ1 2025: $399.1MQ2 2025: $437.3MQ3 2025: $407.3M
Q1 2021Q3 2025
13F filings of Burt Wealth Advisors by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2025Nov 5, 2025115$407.3MCACISchwab U.S. Large-Cap ETFVanguard Intermediate-Term Bond ETFvs. Q2 2025SEC
Q2 2025Jul 9, 2025116$437.3MCACISchwab U.S. Large-Cap ETFGLDMvs. Q1 2025SEC
Q1 2025Apr 22, 2025110$399.1MGLDMVanguard Intermediate-Term Bond ETFSchwab U.S. Large-Cap ETFvs. Q4 2024SEC
Q4 2024Feb 6, 2025112$393.9MSchwab U.S. Large-Cap ETFCACIVanguard Intermediate-Term Bond ETFvs. Q3 2024SEC
Q3 2024Nov 1, 2024118$406.4MCACISchwab U.S. Large-Cap ETFVanguard Intermediate-Term Bond ETFvs. Q2 2024SEC
Q2 2024Jul 16, 2024111$379.5MCACISchwab U.S. Large-Cap ETFVanguard Intermediate-Term Bond ETFvs. Q1 2024SEC
Q1 2024Apr 18, 2024119$394.4MCACISchwab U.S. Large-Cap ETFSPYvs. Q4 2023SEC
Q4 2023Feb 1, 2024107$350.3MCACISchwab U.S. Large-Cap ETFVanguard Intermediate-Term Bond ETFvs. Q3 2023SEC
Q3 2023Oct 11, 2023101$325.6MVanguard Intermediate-Term Bond ETFCACISchwab U.S. Large-Cap ETFvs. Q2 2023SEC
Q2 2023Jul 18, 2023107$331.8MVanguard Intermediate-Term Bond ETFCACISchwab U.S. Large-Cap ETFvs. Q1 2023SEC
Q1 2023Apr 13, 2023104$321.8MCACIVanguard Intermediate-Term Bond ETFGLDMvs. Q4 2022SEC
Q4 2022Feb 15, 2023Amended106$298.6MCACIVanguard Intermediate-Term Bond ETFiShares MSCI USA Momentum Factor ETFvs. Q3 2022SEC
Q3 2022Oct 11, 202287$249.2MCACIVanguard Intermediate-Term Bond ETFiShares MSCI Eafe Min Vol Factor ETFvs. Q2 2022SEC
Q2 2022Jul 29, 202290$287.7MCACIiShares MSCI Eafe Min Vol Factor ETFiShares MSCI USA Momentum Factor ETFvs. Q1 2022SEC
Q1 2022Apr 19, 2022100$333.4MiShares MSCI Eafe Min Vol Factor ETFCACIVanguard Intermediate-Term Bond ETFvs. Q4 2021SEC
Q4 2021Jan 13, 202291$306.1MiShares MSCI Eafe Min Vol Factor ETFCACIiShares MSCI USA Momentum Factor ETFvs. Q3 2021SEC
Q3 2021Oct 6, 202197$313.7MiShares MSCI Eafe Min Vol Factor ETFVanguard Intermediate-Term Bond ETFCACIvs. Q2 2021SEC
Q2 2021Jul 14, 202194$276.9MiShares MSCI Eafe Min Vol Factor ETFVanguard Intermediate-Term Bond ETFiShares MSCI USA Momentum Factor ETFvs. Q1 2021SEC
Q1 2021Apr 15, 202191$271.3MiShares MSCI Eafe Min Vol Factor ETFVanguard Intermediate-Term Bond ETFiShares MSCI USA Momentum Factor ETF–SEC