BerganKDV Wealth Management, LLC
- SEC CIK
- 0001660203
- Latest filing
- Jul 24, 2023
The latest 13F from BerganKDV Wealth Management, LLC covers Q2 2023 (filed Jul 24, 2023): 862 long positions worth $999.6M. The top 10 holdings make up 40.3% of the portfolio, and the largest is Schwab Intermediate-Term US Treasury ETF at 8.8%. Livermore has 10 filings on Form 13F from this institution, going back to Q1 2021.
What changed in Q2 2023
Share counts compared with Q1 2023: 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
- 52
- Est. +$3.97M
- Added
- 114
- Est. +$44.0M
- Reduced
- 415
- Est. −$46.0M
- Sold out
- 249
- Est. −$1.97M
Top 5 holdings
Share of this quarter's portfolio value
- Schwab Intermediate-Term US Treasury ETF8085248548.8%$87.8M
- Schwab International Equity ETF8085248055.6%$55.9M
- iShares Tr4642885884.1%$41.3M
- Vanguard Scottsdale FDS92206C4093.6%$35.7M
- Vanguard Dividend Appreciation ETF9219088443.6%$35.6M
Biggest buys
New and added positions, by estimated amount bought
- iShares Tr464288588+$22.6MAdded
- iShares U.S. Treasury Bond ETF46429B267+$3.52MAdded
- AEPAmerican Electric Power Co Inc
- iShares Core U.S. Aggregate Bond ETF464287226+$1.35MAdded
- Vanguard Scottsdale FDS92206C706+$1.34MNew
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- iShares Tr464288588+2.17 pp2.0% → 4.1%
- iShares U.S. Treasury Bond ETF46429B267+0.32 pp0.6% → 0.9%
- Vanguard S&P 500 ETF922908363+0.19 pp2.3% → 2.5%
- Vanguard Scottsdale FDS92206C706+0.13 pp0.0% → 0.1%
- AEPAmerican Electric Power Co Inc
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares Tr46429B366−$22.6MReduced
- iShares Tr46435U853−$1.90MReduced
- AVGOBroadcom Inc.
- Vanguard BD Index FDS921937793−$1.51MReduced
- PIMCO Active Bond Exchange-Traded Fund72201R775−$1.08MReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- iShares Tr46429B366−2.34 pp2.4% → <0.1%
- iShares Tr46435U853−0.20 pp0.2% → <0.1%
- Vanguard BD Index FDS921937793−0.17 pp0.4% → 0.3%
- PIMCO Active Bond Exchange-Traded Fund72201R775−0.13 pp0.5% → 0.4%
- Schwab International Equity ETF808524805−0.13 pp5.7% → 5.6%
Metrics
13F metrics for Q2 2023, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $999.6M
- +$29.0M (+3.0%) vs. prior quarter
- Positions
- 862
- −197 vs. prior quarter
- Top 10 concentration
- 40.3%
- Top 10 as share of value
- Turnover
- 4.9%
- Q2 2023, one quarter
- Average holding period
- 9.5 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
10 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $999.6M (Q2 2023)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2023 | Jul 24, 2023 | 862 | $999.6M | Schwab Intermediate-Term US Treasury ETFSchwab International Equity ETFiShares Tr | vs. Q1 2023 | SEC |
| Q1 2023 | Apr 27, 2023 | 1,059 | $970.5M | Schwab Intermediate-Term US Treasury ETFSchwab International Equity ETFVanguard Scottsdale FDS | vs. Q4 2022 | SEC |
| Q4 2022 | Jan 31, 2023 | 1,044 | $922.6M | Schwab Intermediate-Term US Treasury ETFSchwab International Equity ETFVanguard Scottsdale FDS | vs. Q3 2022 | SEC |
| Q3 2022 | Oct 24, 2022 | 1,037 | $835.7M | Schwab Intermediate-Term US Treasury ETFSchwab International Equity ETFVanguard Scottsdale FDS | vs. Q2 2022 | SEC |
| Q2 2022 | Jul 13, 2022 | 1,035 | $873.3M | Schwab Intermediate-Term US Treasury ETFSchwab International Equity ETFVanguard Scottsdale FDS | vs. Q1 2022 | SEC |
| Q1 2022 | May 9, 2022 | 1,042 | $935.1M | Schwab Intermediate-Term US Treasury ETFSchwab International Equity ETFVanguard Dividend Appreciation ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Jan 28, 2022 | 1,088 | $957.7M | Schwab Intermediate-Term US Treasury ETFSchwab International Equity ETFVanguard Dividend Appreciation ETF | vs. Q3 2021 | SEC |
| Q3 2021 | Nov 12, 2021 | 1,077 | $882.2M | Schwab Intermediate-Term US Treasury ETFSchwab International Equity ETFiShares Tr | vs. Q2 2021 | SEC |
| Q2 2021 | Aug 10, 2021 | 1,013 | $842.6M | Schwab Intermediate-Term US Treasury ETFSchwab International Equity ETFiShares Tr | vs. Q1 2021 | SEC |
| Q1 2021 | May 11, 2021 | 961 | $778.5M | Schwab Intermediate-Term US Treasury ETFSchwab International Equity ETFiShares Tr | – | SEC |