Relative Value Partners Group, LLC
- SEC CIK
- 0001649910
- Latest filing
- Jul 12, 2024
The latest 13F from Relative Value Partners Group, LLC covers Q2 2024 (filed Jul 12, 2024): 321 long positions worth $772.4M. The top 10 holdings make up 32.4% of the portfolio, and the largest is Apple Inc. (AAPL) at 5.9%. 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.
- New
- 228
- Est. +$369.1M
- Added
- 56
- Est. +$260.2M
- Reduced
- 37
- Est. −$386.8M
- Sold out
- 190
- Est. −$1.13B
Top 5 holdings
Share of this quarter's portfolio value
Biggest buys
New and added positions, by estimated amount bought
Largest weight increases
New and added positions, by percentage points of the portfolio gained
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares S&P 100 ETF464287101−$87.1MSold out
- Vanguard Morningstar Total Stock Market ETF922908769−$80.9MReduced
- Vanguard Morningstar Value ETF922908744−$71.2MReduced
- Vanguard Mortgage-Backed Securities ETF92206C771−$64.9MSold out
- Vanguard Scottsdale FDS92206C706−$62.7MSold out
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- iShares S&P 100 ETF464287101−5.37 pp5.4% → 0.0%
- Vanguard Morningstar Total Stock Market ETF922908769−4.31 pp4.6% → 0.3%
- Vanguard Mortgage-Backed Securities ETF92206C771−4.00 pp4.0% → 0.0%
- Vanguard Scottsdale FDS92206C706−3.86 pp3.9% → 0.0%
- WisdomTree Tr97717X669−3.32 pp3.3% → 0.0%
Metrics
13F metrics for Q2 2024, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $772.4M
- −$851.1M (−52.4%) vs. prior quarter
- Positions
- 321
- +38 vs. prior quarter
- Top 10 concentration
- 32.4%
- Top 10 as share of value
- Turnover
- 52.5%
- Q2 2024, one quarter
- Average holding period
- 5.2 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
14 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $1.64B (Q4 2023)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2024 | Jul 12, 2024 | 321 | $772.4M | AAPLNVDAVanguard Morningstar Value ETF | vs. Q1 2024 | SEC |
| Q1 2024 | May 13, 2024 | 283 | $1.62B | Vanguard Morningstar Value ETFiShares S&P 100 ETFVanguard Morningstar Total Stock Market ETF | vs. Q4 2023 | SEC |
| Q4 2023 | Feb 12, 2024 | 281 | $1.64B | Vanguard Morningstar Value ETFiShares S&P 100 ETFVanguard Morningstar Total Stock Market ETF | vs. Q3 2023 | SEC |
| Q3 2023 | Nov 13, 2023 | 262 | $1.49B | Vanguard Morningstar Value ETFiShares S&P 100 ETFVanguard Scottsdale FDS | vs. Q2 2023 | SEC |
| Q2 2023 | Aug 11, 2023 | 241 | $1.55B | Vanguard Morningstar Value ETFiShares S&P 100 ETFVanguard Morningstar Total Stock Market ETF | vs. Q1 2023 | SEC |
| Q1 2023 | Jun 28, 2023Amended | 244 | $1.47B | Vanguard Morningstar Value ETFiShares S&P 100 ETFVanguard Scottsdale FDS | vs. Q4 2022 | SEC |
| Q4 2022 | Feb 13, 2023 | 258 | $1.42B | Vanguard Morningstar Value ETFiShares S&P 100 ETFVanguard Morningstar Total Stock Market ETF | vs. Q3 2022 | SEC |
| Q3 2022 | Nov 10, 2022 | 236 | $1.22B | iShares S&P 100 ETFVanguard Morningstar Value ETFiShares Tr | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 11, 2022 | 173 | $1.33B | iShares S&P 100 ETFVanguard Morningstar Value ETFVanguard Morningstar Total Stock Market ETF | vs. Q1 2022 | SEC |
| Q1 2022 | May 13, 2022 | 251 | $1.44B | iShares S&P 100 ETFVanguard Morningstar Total Stock Market ETFVanguard Morningstar Value ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Feb 11, 2022 | 188 | $1.41B | iShares S&P 100 ETFVanguard Morningstar Value ETFVanguard Morningstar Total Stock Market ETF | vs. Q3 2021 | SEC |
| Q3 2021 | Nov 12, 2021 | 191 | $1.33B | iShares S&P 100 ETFVanguard Morningstar Value ETFVanguard Morningstar Total Stock Market ETF | vs. Q2 2021 | SEC |
| Q2 2021 | Aug 12, 2021 | 182 | $1.29B | iShares S&P 100 ETFVanguard Morningstar Value ETFVanguard Morningstar Total Stock Market ETF | vs. Q1 2021 | SEC |
| Q1 2021 | May 12, 2021 | 199 | $1.17B | iShares S&P 100 ETFVanguard Morningstar Value ETFVanguard Morningstar Total Stock Market ETF | – | SEC |
13D and 13G filings
Companies where Relative Value Partners Group, LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.
Current stakes of 5% or more
Relative Value Partners Group, LLC does not currently report owning 5% or more of any company.
Latest filings
22 filings on file made by Relative Value Partners Group, LLC or listing it as a reporting person; the latest 20 are shown.
| Company | Filed (ET) | Form | Stake | Change | Event date | Filing |
|---|---|---|---|---|---|---|
| JLSNuveen Mortgage & Income Fund | Aug 9, 20245:05 PM ET | 13G/A | 3.90%212.3K shares | –Below 5% | Jul 31, 2024 | SEC |
| TPZTortoise Power & Energy Infrastructure Fund Inc | Feb 2, 2023 | 13GOld format | – | – | – | SEC |
| SPESpecial Opportunities Fund, Inc. | Feb 2, 2023 | 13GOld format | – | – | – | SEC |
| SPESpecial Opportunities Fund, Inc. | Feb 2, 2023 | 13GOld format | – | – | – | SEC |
| Nuveen Mortgage & Income Fund | Feb 2, 2023 | 13GOld format | – | New | – | SEC |
| GDLGDL Fund | Feb 2, 2023 | 13GOld format | – | – | – | SEC |
| BRWSaba Capital Income & Opportunities Fund | Feb 2, 2023 | 13GOld format | – | – | – | SEC |
| SPESpecial Opportunities Fund, Inc. | Aug 11, 2022 | 13GOld format | – | – | – | SEC |
| SPESpecial Opportunities Fund, Inc. | Aug 11, 2022 | 13GOld format | – | – | – | SEC |
| CCIDCarlyle Credit Income Fund | Feb 14, 2022 | 13D/AOld format | – | – | – | SEC |
| TPZTortoise Power & Energy Infrastructure Fund Inc | Feb 11, 2022 | 13GOld format | – | – | – | SEC |
| SPESpecial Opportunities Fund, Inc. | Feb 11, 2022 | 13GOld format | – | – | – | SEC |
| SPESpecial Opportunities Fund, Inc. | Feb 11, 2022 | 13GOld format | – | – | – | SEC |
| JLSNuveen Mortgage & Income Fund | Feb 11, 2022 | 13GOld format | – | New | – | SEC |
| GDLGDL Fund | Feb 11, 2022 | 13GOld format | – | – | – | SEC |
| BRWSaba Capital Income & Opportunities Fund | Feb 11, 2022 | 13GOld format | – | New | – | SEC |
| CCIDCarlyle Credit Income Fund | Feb 12, 2021 | 13GOld format | – | New | – | SEC |
| TPZTortoise Power & Energy Infrastructure Fund Inc | Feb 12, 2021 | 13GOld format | – | New | – | SEC |
| SPESpecial Opportunities Fund, Inc. | Feb 12, 2021 | 13GOld format | – | New | – | SEC |
| Nuveen Intermediate Duration Quality Municipal Term Fund | Feb 12, 2021 | 13GOld format | – | New | – | SEC |