Cardan Capital Partners, LLC
- SEC CIK
- 0001664503
- Latest filing
- Oct 25, 2021
The latest 13F from Cardan Capital Partners, LLC covers Q3 2021 (filed Oct 25, 2021): 243 long positions worth $892.9M. The top 10 holdings make up 26.6% of the portfolio, and the largest is NVIDIA Corp (NVDA) at 4.9%. Livermore has 3 filings on Form 13F from this institution, going back to Q1 2021.
What changed in Q3 2021
Share counts compared with Q2 2021: 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
- 9
- Est. +$30.9M
- Added
- 101
- Est. +$39.6M
- Reduced
- 75
- Est. −$30.7M
- Sold out
- 16
- Est. −$37.7M
Top 5 holdings
Share of this quarter's portfolio value
- NVDANVIDIA Corp
- iShares Tr46436E5774.7%$41.5M
- WisdomTree Tr97717X5113.4%$30.1M
- Pacer Trendpilot US Bond ETF69374H6422.3%$20.7M
- Vanguard Long-Term Treasury ETF92206C8472.1%$18.6M
Share of portfolio
Top 5 holdings and the other 238 positions, by share of portfolio value
- NVDA4.9%
- iShares Tr4.7%
- WisdomTree Tr3.4%
- Pacer Trendpilot US Bond ETF2.3%
- Vanguard Long-Term Treasury ETF2.1%
- Other 238 positions82.7%
Biggest buys
New and added positions, by estimated amount bought
- iShares Tr464288661+$12.7MNew
- Vanguard Long-Term Treasury ETF92206C847+$12.3MAdded
- iShares Tr464287432+$6.50MAdded
- UNFIUnited Natural Foods Inc
- Invesco Exchange Traded FD T46137V464+$5.78MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- iShares Tr464288661+1.43 pp0.0% → 1.4%
- Vanguard Long-Term Treasury ETF92206C847+1.38 pp0.7% → 2.1%
- iShares Tr464287432+0.73 pp0.2% → 1.0%
- UNFIUnited Natural Foods Inc
- Invesco Exchange Traded FD T46137V464+0.64 pp0.6% → 1.2%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
Metrics
13F metrics for Q3 2021, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $892.9M
- −$5.83M (−0.6%) vs. prior quarter
- Positions
- 243
- −7 vs. prior quarter
- Top 10 concentration
- 26.6%
- Top 10 as share of value
- Turnover
- 7.6%
- Q3 2021, one quarter
- Average holding period
- 2.8 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
3 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $898.7M (Q2 2021)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q3 2021 | Oct 25, 2021 | 243 | $892.9M | NVDAiShares TrWisdomTree Tr | vs. Q2 2021 | SEC |
| Q2 2021 | Jul 20, 2021 | 250 | $898.7M | NVDAiShares TrWisdomTree Tr | vs. Q1 2021 | SEC |
| Q1 2021 | Apr 13, 2021 | 238 | $832.7M | Vanguard World FDiShares Core U.S. Aggregate Bond ETFNVDA | – | SEC |