First Capital Advisors Group, LLC.
- SEC CIK
- 0001681126
- Latest filing
- Aug 15, 2023
The latest 13F from First Capital Advisors Group, LLC. covers Q2 2023 (filed Aug 15, 2023): 970 long positions worth $191.6M. The top 10 holdings make up 27.4% of the portfolio, and the largest is Strategy Shs at 3.9%. Livermore has 8 filings on Form 13F from this institution, going back to Q4 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
- 757
- Est. +$27.6M
- Added
- 53
- Est. +$14.5M
- Reduced
- 104
- Est. −$10.8M
- Sold out
- 3
- Est. −$4.12M
Top 5 holdings
Share of this quarter's portfolio value
Biggest buys
New and added positions, by estimated amount bought
- Strategy Shs86280R803+$2.62MAdded
- iShares Tr464288588+$2.16MAdded
- iShares Tr464287291+$1.79MNew
- Goldman Sachs ETF Tr381430206+$1.63MAdded
- Invesco Exchange Traded FD T46137V530+$1.49MNew
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Strategy Shs86280R803+1.00 pp2.9% → 3.9%
- iShares Tr464288588+0.95 pp0.9% → 1.8%
- iShares Tr464287291+0.93 pp0.0% → 0.9%
- Invesco Exchange Traded FD T46137V530+0.78 pp0.0% → 0.8%
- J P Morgan Exchange-Traded F46641Q290+0.74 pp0.0% → 0.7%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares Tr464287234−$3.53MSold out
- State Street Technology Select Sector SPDR ETF81369Y803−$1.75MReduced
- iShares Tr464288372−$1.49MReduced
- WisdomTree Tr97717W505−$1.34MReduced
- iShares Select Dividend ETF464287168−$1.13MReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- iShares Tr464287234−2.27 pp2.3% → 0.0%
- State Street Technology Select Sector SPDR ETF81369Y803−1.02 pp1.7% → 0.6%
- iShares Tr464288372−0.98 pp1.0% → <0.1%
- PGProcter & Gamble Co
- iShares Select Dividend ETF464287168−0.96 pp1.7% → 0.8%
Metrics
13F metrics for Q2 2023, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $191.6M
- +$35.9M (+23.1%) vs. prior quarter
- Positions
- 970
- +754 vs. prior quarter
- Top 10 concentration
- 27.4%
- Top 10 as share of value
- Turnover
- 8.6%
- Q2 2023, one quarter
- Average holding period
- 5.0 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 (Q4 2021), so positions held before then are understated.
13F filings by quarter
7 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $191.6M (Q2 2023)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2023 | Aug 15, 2023 | 970 | $191.6M | Strategy ShsInvesco QQQ Trust Series IAAPL | vs. Q1 2023 | SEC |
| Q1 2023 | May 15, 2023Amended | 216 | $155.7M | Goldman Sachs ETF TrInvesco QQQ Trust Series IAAPL | vs. Q4 2022 | SEC |
| Q4 2022 | Feb 14, 2023 | 231 | $147.5M | WisdomTree TrGoldman Sachs ETF TrJ P Morgan Exchange-Traded F | vs. Q3 2022 | SEC |
| Q3 2022 | Nov 14, 2022 | 215 | $119.7M | AAPLGoldman Sachs ETF TrStrategy Shs | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 15, 2022 | 168 | $145.8M | iShares TrAAPLGoldman Sachs ETF Tr | vs. Q1 2022 | SEC |
| Q1 2022 | May 16, 2022 | 62 | $152.3M | iShares TrGoldman Sachs ETF TriShares MSCI USA Quality Factor ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Mar 2, 2022 | 63 | $181.8M | Goldman Sachs ETF TriShares TriShares MSCI USA Quality Factor ETF | – | SEC |