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RGT Wealth Advisors, LLC

SEC CIK
0001689872
Latest filing
Nov 8, 2022

The latest 13F from RGT Wealth Advisors, LLC covers Q3 2022 (filed Nov 8, 2022): 115 long positions worth $627.2M. The top 10 holdings make up 90.8% of the portfolio, and the largest is iShares Inc at 27.9%. Livermore has 7 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q3 2022

Share counts compared with Q2 2022: 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
15
Est. +$97.7M
Added
22
Est. +$18.5M
Reduced
55
Est. −$38.2M
Sold out
22
Est. −$7.24M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Inc464286525
    27.9%$175.1M
  2. GLDMWorld Gold Trust
    19.1%$120.1MHistory
  3. iShares Tr464287440
    15.0%$94.0M
  4. iShares S&P Small-Cap 600 Value ETF464287879
    11.2%$70.1M
  5. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    7.8%$49.1M

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Tr464287440
    +$94.0MNew
  2. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    +$7.37MAdded
  3. GLDMWorld Gold Trust
    +$4.15MAddedHistory
  4. iShares Inc464286525
    +$2.50MAdded
  5. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    +$1.73MNew

Largest weight increases

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

  1. iShares Tr464287440
    +14.99 pp0.0% → 15.0%
  2. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    +0.51 pp7.3% → 7.8%
  3. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    +0.28 pp0.0% → 0.3%
  4. iShares Russell 2000 Growth ETF464287648
    +0.15 pp0.8% → 0.9%
  5. UAUnder Armour, Inc.
    +0.13 pp0.4% → 0.5%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Core S&P 500 ETF464287200
    −$10.7MReduced
  2. iShares Tr464287150
    −$6.56MReduced
  3. iShares Core MSCI Emerging Markets ETF46434G103
    −$4.88MReduced
  4. iShares Tr464288885
    −$4.00MReduced
  5. Vanguard Ftse All-World Ex-US Small-Cap ETF922042718
    −$2.81MSold out

Largest weight decreases

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

  1. iShares Core S&P 500 ETF464287200
    −2.65 pp9.2% → 6.6%
  2. iShares Tr464287150
    −1.22 pp1.7% → 0.5%
  3. iShares Core MSCI Emerging Markets ETF46434G103
    −0.99 pp1.2% → 0.2%
  4. iShares Tr464288885
    −0.83 pp1.3% → 0.5%
  5. Vanguard Ftse All-World Ex-US Small-Cap ETF922042718
    −0.47 pp0.5% → 0.0%

Metrics

13F metrics for Q3 2022, computed only from the numbers in the filings. Definitions below.

Portfolio value
$627.2M
+$31.9M (+5.4%) vs. prior quarter
Positions
115
−7 vs. prior quarter
Top 10 concentration
90.8%
Top 10 as share of value
Turnover
7.4%
Q3 2022, 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 (Q1 2021), so positions held before then are understated.

13F filings by quarter

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

Peak $655.5M (Q4 2021)

Q1 2021: $512.3MQ2 2021: $556.6MQ3 2021: $506.5MQ4 2021: $655.5MQ1 2022: $628.9MQ2 2022: $595.3MQ3 2022: $627.2M
Q1 2021Q3 2022
13F filings of RGT Wealth Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2022Nov 8, 2022115$627.2MiShares IncGLDMiShares Trvs. Q2 2022SEC
Q2 2022Jul 13, 2022122$595.3MiShares IncGLDMiShares S&P Small-Cap 600 Value ETFvs. Q1 2022SEC
Q1 2022May 5, 2022112$628.9MiShares IncGLDMiShares S&P Small-Cap 600 Value ETFvs. Q4 2021SEC
Q4 2021Feb 11, 2022349$655.5MiShares IncGLDMiShares S&P Small-Cap 600 Value ETFvs. Q3 2021SEC
Q3 2021Oct 19, 202153$506.5MiShares IncGLDMiShares S&P Small-Cap 600 Value ETFvs. Q2 2021SEC
Q2 2021Aug 13, 202155$556.6MiShares IncGLDMiShares S&P Small-Cap 600 Value ETFvs. Q1 2021SEC
Q1 2021May 13, 202159$512.3MiShares IncGLDMiShares S&P Small-Cap 600 Value ETF–SEC