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Livermore
Livermore
ZHEN

Barber Financial Group, Inc.

SEC CIK
0001624865
Latest filing
May 4, 2023

The latest 13F from Barber Financial Group, Inc. covers Q1 2023 (filed May 4, 2023): 148 long positions worth $567.5M. The top 10 holdings make up 72.3% of the portfolio, and the largest is iShares Tr at 21.0%. Livermore has 9 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q1 2023

Share counts compared with Q4 2022: 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
20
Est. +$69.6M
Added
55
Est. +$146.3M
Reduced
62
Est. −$20.2M
Sold out
9
Est. −$2.08M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Tr46429B747
    21.0%$119.2M
  2. Invesco QQQ Trust Series I46090E103
    12.8%$72.8M
  3. SPYSPDR S&P 500 ETF Trust
    10.0%$56.8MHistory
  4. iShares S&P 500 Growth ETF464287309
    9.9%$56.3M
  5. SPDR Series Trust78464A805
    5.6%$31.9M

Share of portfolio

Top 5 holdings and the other 143 positions, by share of portfolio value

  1. iShares Tr21.0%
  2. Invesco QQQ Trust Series I12.8%
  3. SPY10.0%
  4. iShares S&P 500 Growth ETF9.9%
  5. SPDR Series Trust5.6%
  6. Other 143 positions40.6%

Biggest buys

New and added positions, by estimated amount bought

  1. Invesco QQQ Trust Series I46090E103
    +$59.0MAdded
  2. iShares S&P 500 Growth ETF464287309
    +$56.3MNew
  3. SPYSPDR S&P 500 ETF Trust
    +$54.9MAddedHistory
  4. Vanguard S&P 500 ETF922908363
    +$7.64MAdded
  5. Amplify ETF Tr032108409
    +$7.07MAdded

Largest weight increases

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

  1. iShares S&P 500 Growth ETF464287309
    +9.92 pp0.0% → 9.9%
  2. Invesco QQQ Trust Series I46090E103
    +9.66 pp3.2% → 12.8%
  3. SPYSPDR S&P 500 ETF Trust
    +9.52 pp0.5% → 10.0%History
  4. Vanguard S&P 500 ETF922908363
    +0.57 pp2.4% → 3.0%
  5. iShares MSCI Eafe ETF464287465
    +0.54 pp0.0% → 0.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Tr46429B747
    −$7.41MReduced
  2. SPDR Series Trust78464A805
    −$4.63MReduced
  3. iShares Tr464287440
    −$1.46MReduced
  4. iShares Tr464288521
    −$1.13MReduced
  5. BPBP PLC
    −$894.9KReducedHistory

Largest weight decreases

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

  1. iShares Tr46429B747
    −13.26 pp34.3% → 21.0%
  2. SPDR Series Trust78464A805
    −3.87 pp9.5% → 5.6%
  3. iShares Tr464288521
    −0.89 pp2.0% → 1.1%
  4. Vanguard Total Bond Market ETF921937835
    −0.86 pp2.0% → 1.2%
  5. State Street SPDR Portfolio S&P 500 Value ETF78464A508
    −0.61 pp1.6% → 1.0%

Metrics

13F metrics for Q1 2023, computed only from the numbers in the filings. Definitions below.

Portfolio value
$567.5M
+$206.4M (+57.2%) vs. prior quarter
Positions
148
+11 vs. prior quarter
Top 10 concentration
72.3%
Top 10 as share of value
Turnover
4.8%
Q1 2023, one quarter
Average holding period
6.3 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

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

Peak $832.5M (Q4 2021)

Q1 2021: $685.0MQ2 2021: $735.7MQ3 2021: $773.0MQ4 2021: $832.5MQ1 2022: $751.1MQ2 2022: $610.6MQ3 2022: $344.2MQ4 2022: $361.0MQ1 2023: $567.5M
Q1 2021Q1 2023
13F filings of Barber Financial Group, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q1 2023May 4, 2023148$567.5MiShares TrInvesco QQQ Trust Series ISPYvs. Q4 2022SEC
Q4 2022Feb 1, 2023137$361.0MiShares TrSPDR Series TrustWisdomTree Trvs. Q3 2022SEC
Q3 2022Oct 25, 2022127$344.2MiShares TrSPDR Series TrustWisdomTree Trvs. Q2 2022SEC
Q2 2022Aug 4, 2022143$610.6MiShares TriShares S&P Small-Cap 600 Value ETFiShares S&P 500 Value ETFvs. Q1 2022SEC
Q1 2022Apr 8, 2022155$751.1MSPDR Series TrustiShares S&P Mid-Cap 400 Value ETFiShares S&P Small-Cap 600 Value ETFvs. Q4 2021SEC
Q4 2021Feb 7, 2022160$832.5MInvesco QQQ Trust Series IiShares S&P 500 Growth ETFSPYvs. Q3 2021SEC
Q3 2021Nov 1, 2021162$773.0MSPDR Series TrustState Street SPDR Portfolio Aggregate Bond ETFiShares Tips Bond ETFvs. Q2 2021SEC
Q2 2021Aug 5, 2021155$735.7MiShares S&P Small-Cap 600 Value ETFiShares S&P Mid-Cap 400 Value ETFiShares Russell 2000 ETFvs. Q1 2021SEC
Q1 2021Apr 22, 2021146$685.0MiShares S&P Small-Cap 600 Value ETFiShares S&P Mid-Cap 400 Value ETFMDY–SEC