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Livermore
Livermore
ZHEN

Vantage Financial Partners Ltd., Inc.

SEC CIK
0001693809
Latest filing
Aug 14, 2024

The latest 13F from Vantage Financial Partners Ltd., Inc. covers Q2 2024 (filed Aug 14, 2024): 103 long positions worth $402.4M. The top 10 holdings make up 49.0% of the portfolio, and the largest is SPDR S&P 500 ETF Trust (SPY) at 7.8%. Livermore has 14 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2024

Share counts compared with Q1 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. +$55.2M
Added
39
Est. +$31.2M
Reduced
37
Est. −$34.8M
Sold out
10
Est. −$35.9M

Top 5 holdings

Share of this quarter's portfolio value

  1. SPYSPDR S&P 500 ETF Trust
    7.8%$31.4MHistory
  2. Dimensional ETF Trust25434V203
    6.5%$26.2M
  3. Fidelity Merrimack STR Tr316188309
    5.6%$22.4M
  4. iShares Tr464287150
    5.3%$21.1M
  5. Capital Group Growth ETF14020G101
    4.7%$18.8M

Share of portfolio

Top 5 holdings and the other 98 positions, by share of portfolio value

  1. SPY7.8%
  2. Dimensional ETF Trust6.5%
  3. Fidelity Merrimack STR Tr5.6%
  4. iShares Tr5.3%
  5. Capital Group Growth ETF4.7%
  6. Other 98 positions70.2%

Biggest buys

New and added positions, by estimated amount bought

  1. WisdomTree Tr97717X669
    +$15.7MNew
  2. J P Morgan Exchange Traded F46641Q134
    +$14.4MNew
  3. iShares Tr46436E718
    +$6.95MNew
  4. GLDSPDR Gold Trust
    +$6.89MNewHistory
  5. iShares Tr464288521
    +$5.96MAdded

Largest weight increases

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

  1. WisdomTree Tr97717X669
    +3.91 pp0.0% → 3.9%
  2. J P Morgan Exchange Traded F46641Q134
    +3.59 pp0.0% → 3.6%
  3. iShares Tr46436E718
    +1.73 pp0.0% → 1.7%
  4. GLDSPDR Gold Trust
    +1.71 pp0.0% → 1.7%History
  5. First Tr Exchange Trad FD VI33739H101
    +1.46 pp0.0% → 1.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Core MSCI Eafe ETF46432F842
    −$13.6MReduced
  2. Vanguard Dividend Appreciation ETF921908844
    −$12.9MReduced
  3. Innovator ETFs Trust45782C748
    −$12.5MSold out
  4. iShares Tr464287432
    −$10.8MSold out
  5. Invesco Actvely MNGD Etc FD46090F100
    −$5.48MReduced

Largest weight decreases

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

  1. iShares Core MSCI Eafe ETF46432F842
    −3.64 pp3.8% → 0.1%
  2. Vanguard Dividend Appreciation ETF921908844
    −3.41 pp4.3% → 0.9%
  3. Innovator ETFs Trust45782C748
    −3.25 pp3.2% → 0.0%
  4. iShares Tr464287432
    −2.82 pp2.8% → 0.0%
  5. Invesco Actvely MNGD Etc FD46090F100
    −1.42 pp1.5% → 0.1%

Metrics

13F metrics for Q2 2024, computed only from the numbers in the filings. Definitions below.

Portfolio value
$402.4M
+$18.9M (+4.9%) vs. prior quarter
Positions
103
−3 vs. prior quarter
Top 10 concentration
49.0%
Top 10 as share of value
Turnover
18.0%
Q2 2024, one quarter
Average holding period
6.9 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

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

Peak $402.4M (Q2 2024)

Q1 2021: $177.9MQ2 2021: $179.5MQ3 2021: $187.4MQ4 2021: $197.4MQ1 2022: $192.7MQ2 2022: $168.6MQ3 2022: $154.7MQ4 2022: $173.9MQ1 2023: $169.2MQ2 2023: $180.4MQ3 2023: $173.9MQ4 2023: $329.0MQ1 2024: $383.6MQ2 2024: $402.4M
Q1 2021Q2 2024
13F filings of Vantage Financial Partners Ltd., Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2024Aug 14, 2024103$402.4MSPYDimensional ETF TrustFidelity Merrimack STR Trvs. Q1 2024SEC
Q1 2024May 14, 2024106$383.6MDimensional ETF TrustSPYFidelity Merrimack STR Trvs. Q4 2023SEC
Q4 2023Feb 13, 2024102$329.0MSPYFidelity Merrimack STR TrDimensional ETF Trustvs. Q3 2023SEC
Q3 2023Nov 13, 202389$173.9MSPYiShares MSCI Eafe ETFInvesco QQQ Trust Series Ivs. Q2 2023SEC
Q2 2023Aug 8, 202392$180.4MSPYInvesco QQQ Trust Series IiShares MSCI Eafe ETFvs. Q1 2023SEC
Q1 2023May 4, 202391$169.2MSPYInvesco QQQ Trust Series IiShares MSCI Eafe ETFvs. Q4 2022SEC
Q4 2022Feb 7, 202394$173.9MSPYInvesco QQQ Trust Series IiShares MSCI Eafe ETFvs. Q3 2022SEC
Q3 2022Nov 9, 202283$154.7MSPYiShares MSCI Eafe ETFInvesco QQQ Trust Series Ivs. Q2 2022SEC
Q2 2022Aug 8, 202289$168.6MSPYiShares MSCI Eafe ETFInvesco QQQ Trust Series Ivs. Q1 2022SEC
Q1 2022May 2, 202287$192.7MSPYiShares MSCI Eafe ETFInvesco QQQ Trust Series Ivs. Q4 2021SEC
Q4 2021Jan 27, 202287$197.4MSPYInvesco QQQ Trust Series IiShares MSCI Eafe ETFvs. Q3 2021SEC
Q3 2021Nov 5, 202188$187.4MSPYInvesco QQQ Trust Series IiShares MSCI Eafe ETFvs. Q2 2021SEC
Q2 2021Aug 11, 202183$179.5MSPYInvesco QQQ Trust Series IiShares MSCI Eafe ETFvs. Q1 2021SEC
Q1 2021May 5, 202175$177.9MSPYiShares MSCI Eafe ETFInvesco QQQ Trust Series I–SEC