Skip to main content
Livermore
Livermore
ZHEN

Fort Pitt Capital Group, LLC

SEC CIK
0001663897
Latest filing
Oct 29, 2024

The latest 13F from Fort Pitt Capital Group, LLC covers Q3 2024 (filed Oct 29, 2024): 127 long positions worth $3.55B. The top 10 holdings make up 41.1% of the portfolio, and the largest is Broadcom Inc. (AVGO) at 4.5%. Livermore has 16 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q3 2024

Share counts compared with Q2 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
7
Est. +$5.29M
Added
63
Est. +$187.8M
Reduced
43
Est. −$172.1M
Sold out
2
Est. −$447.8K

Top 5 holdings

Share of this quarter's portfolio value

  1. AVGOBroadcom Inc.
    4.5%$161.4MHistory
  2. TMOThermo Fisher Scientific Inc.
    4.5%$158.5MHistory
  3. Schwab U.S. Large-Cap Growth ETF808524300
    4.3%$154.2M
  4. SBUXStarbucks Corp
    4.2%$148.7MHistory
  5. GOOGLAlphabet Inc.
    4.2%$148.7MHistory

Share of portfolio

Top 5 holdings and the other 122 positions, by share of portfolio value

  1. AVGO4.5%
  2. TMO4.5%
  3. Schwab U.S. Large-Cap Growth ETF4.3%
  4. SBUX4.2%
  5. GOOGL4.2%
  6. Other 122 positions78.3%

Biggest buys

New and added positions, by estimated amount bought

  1. KEYSKeysight Technologies, Inc.
    +$40.5MAddedHistory
  2. AVGOBroadcom Inc.
    +$34.2MAddedConverted for a 10-for-1 splitHistory
  3. AMZNAmazon Com Inc
    +$23.1MAddedHistory
  4. AMDAdvanced Micro Devices Inc
    +$14.6MAddedHistory
  5. LULUlululemon athletica inc.
    +$14.3MAddedHistory

Largest weight increases

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

  1. KEYSKeysight Technologies, Inc.
    +1.28 pp1.8% → 3.1%History
  2. AVGOBroadcom Inc.
    +0.95 pp3.6% → 4.5%History
  3. SBUXStarbucks Corp
    +0.66 pp3.5% → 4.2%History
  4. LOWLowes Companies Inc
    +0.47 pp3.2% → 3.7%History
  5. BXBlackstone Inc.
    +0.46 pp3.0% → 3.5%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. CIENCiena Corp
    −$73.4MReducedHistory
  2. SCHWSchwab Charles Corp
    −$33.1MReducedHistory
  3. BACBank of America Corp
    −$18.0MReducedHistory
  4. CIIBlackRock Enhanced Large Cap Core Fund, Inc.
    −$11.2MReducedHistory
  5. TSCOTractor Supply Co
    −$6.68MReducedHistory

Largest weight decreases

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

  1. CIENCiena Corp
    −1.60 pp2.5% → 0.9%History
  2. SCHWSchwab Charles Corp
    −1.29 pp1.9% → 0.6%History
  3. BACBank of America Corp
    −0.55 pp0.6% → <0.1%History
  4. MSFTMicrosoft Corp
    −0.46 pp4.0% → 3.6%History
  5. DVNDevon Energy Corp
    −0.43 pp1.8% → 1.3%History

Metrics

13F metrics for Q3 2024, computed only from the numbers in the filings. Definitions below.

Portfolio value
$3.55B
+$259.4M (+7.9%) vs. prior quarter
Positions
127
+5 vs. prior quarter
Top 10 concentration
41.1%
Top 10 as share of value
Turnover
5.0%
Q3 2024, one quarter
Average holding period
12.5 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

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

Peak $3.55B (Q3 2024)

Q1 2021: $2.23BQ2 2021: $2.46BQ3 2021: $2.40BQ4 2021: $2.77BQ1 2022: $2.68BQ2 2022: $2.30BQ3 2022: $2.18BQ4 2022: $2.45BQ1 2023: $2.60BQ2 2023: $2.72BQ3 2023: $2.67BQ4 2023: $3.05BQ1 2024: $3.25BQ2 2024: $3.29BQ3 2024: $3.55B
Q1 2021Q3 2024
13F filings of Fort Pitt Capital Group, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2024Oct 29, 2024127$3.55BAVGOTMOSchwab U.S. Large-Cap Growth ETFvs. Q2 2024SEC
Q2 2024Jul 26, 2024122$3.29BGOOGLSchwab U.S. Large-Cap Growth ETFTMOvs. Q1 2024SEC
Q1 2024Apr 11, 2024121$3.25BAMDTMOSchwab U.S. Large-Cap Growth ETFvs. Q4 2023SEC
Q4 2023Feb 13, 2024Amended127$3.05BSchwab U.S. Large-Cap Growth ETFAMDTMOvs. Q3 2023SEC
Q3 2023Nov 7, 2023122$2.67BSchwab U.S. Large-Cap Growth ETFAJGAMDvs. Q2 2023SEC
Q2 2023Jul 28, 2023116$2.72BSchwab U.S. Large-Cap Growth ETFAMDMSFTvs. Q1 2023SEC
Q1 2023May 16, 2023120$2.60BSchwab U.S. Large-Cap Growth ETFAMDMSFTvs. Q4 2022SEC
Q4 2022Feb 7, 2023134$2.45BSchwab U.S. Large-Cap Growth ETFAJGMSFTvs. Q3 2022SEC
Q3 2022Nov 8, 2022117$2.18BSchwab U.S. Large-Cap Growth ETFAJGMSFTvs. Q2 2022SEC
Q2 2022Jul 20, 2022127$2.30BSchwab U.S. Large-Cap Growth ETFMSFTAJGvs. Q1 2022SEC
Q1 2022May 3, 2022136$2.68BSchwab U.S. Large-Cap Growth ETFMSFTAMDvs. Q4 2021SEC
Q4 2021Feb 2, 2022152$2.77BSchwab U.S. Large-Cap Growth ETFMSFTXLNXvs. Q3 2021SEC
Q3 2021Nov 5, 2021131$2.40BSchwab U.S. Large-Cap Growth ETFMSFTAJGvs. Q2 2021SEC
Q2 2021Jul 29, 2021178$2.46BSchwab U.S. Large-Cap Growth ETFMSFTCOHRvs. Q1 2021SEC
Q1 2021Apr 16, 2021137$2.23BSchwab U.S. Large-Cap Growth ETFMSFTABT–SEC