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Asset Planning Services, Ltd.

SEC CIK
0001694287
Latest filing
Feb 14, 2022

The latest 13F from Asset Planning Services, Ltd. covers Q4 2021 (filed Feb 14, 2022): 73 long positions worth $216.3M. The top 10 holdings make up 61.1% of the portfolio, and the largest is iShares Core S&P 500 ETF at 16.2%. Livermore has 4 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q4 2021

Share counts compared with Q3 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.

Full comparison
New
1
Est. +$201.0K
Added
33
Est. +$3.64M
Reduced
33
Est. −$8.39M
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P 500 ETF464287200
    16.2%$34.9M
  2. Vanguard S&P 500 ETF922908363
    12.2%$26.4M
  3. Vanguard Scottsdale FDS92206C409
    5.8%$12.5M
  4. Vanguard Morningstar Growth ETF922908736
    5.0%$10.7M
  5. Vanguard Morningstar Mid-Cap ETF922908629
    4.5%$9.74M

Share of portfolio

Top 5 holdings and the other 68 positions, by share of portfolio value

  1. iShares Core S&P 500 ETF16.2%
  2. Vanguard S&P 500 ETF12.2%
  3. Vanguard Scottsdale FDS5.8%
  4. Vanguard Morningstar Growth ETF5.0%
  5. Vanguard Morningstar Mid-Cap ETF4.5%
  6. Other 68 positions56.4%

Biggest buys

New and added positions, by estimated amount bought

  1. Pgim ETF Tr69344A107
    +$1.39MAdded
  2. Vanguard Scottsdale FDS92206C409
    +$948.4KAdded
  3. State Street SPDR Portfolio S&P 500 ETF78464A854
    +$545.4KAdded
  4. Vanguard Ftse Developed Markets ETF921943858
    +$251.3KAdded
  5. VACMarriott Vacations Worldwide Corp
    +$201.0KNewHistory

Largest weight increases

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

  1. Pgim ETF Tr69344A107
    +0.52 pp2.9% → 3.4%
  2. State Street SPDR Portfolio S&P 500 ETF78464A854
    +0.30 pp0.7% → 1.0%
  3. Vanguard Scottsdale FDS92206C409
    +0.15 pp5.6% → 5.8%
  4. VACMarriott Vacations Worldwide Corp
    +0.09 pp0.0% → 0.1%History
  5. iShares Core S&P Small Cap ETF464287804
    +0.09 pp2.0% → 2.1%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Core S&P 500 ETF464287200
    −$3.14MReduced
  2. Vanguard S&P 500 ETF922908363
    −$1.28MReduced
  3. Vanguard Morningstar Growth ETF922908736
    −$550.3KReduced
  4. Vanguard Morningstar Small-Cap ETF922908751
    −$322.9KReduced
  5. Vanguard Morningstar Value ETF922908744
    −$268.5KReduced

Largest weight decreases

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

  1. iShares Core S&P 500 ETF464287200
    −0.36 pp16.5% → 16.2%
  2. iShares Tr46434V100
    −0.25 pp3.6% → 3.3%
  3. Vanguard Morningstar Small-Cap ETF922908751
    −0.15 pp0.7% → 0.6%
  4. Invesco Exch Traded FD Tr II46138E719
    −0.15 pp1.0% → 0.8%
  5. MRKMerck & Co., Inc.
    −0.14 pp3.8% → 3.7%History

Metrics

13F metrics for Q4 2021, computed only from the numbers in the filings. Definitions below.

Portfolio value
$216.3M
+$8.09M (+3.9%) vs. prior quarter
Positions
73
+1 vs. prior quarter
Top 10 concentration
61.1%
Top 10 as share of value
Turnover
1.8%
Q4 2021, one quarter
Average holding period
4.0 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

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

Peak $217.1M (Q1 2021)

Q1 2021: $217.1MQ2 2021: $208.1MQ3 2021: $208.2MQ4 2021: $216.3M
Q1 2021Q4 2021
13F filings of Asset Planning Services, Ltd. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q4 2021Feb 14, 202273$216.3MiShares Core S&P 500 ETFVanguard S&P 500 ETFVanguard Scottsdale FDSvs. Q3 2021SEC
Q3 2021Nov 10, 202172$208.2MiShares Core S&P 500 ETFVanguard S&P 500 ETFVanguard Scottsdale FDSvs. Q2 2021SEC
Q2 2021Aug 12, 202173$208.1MiShares Core S&P 500 ETFVanguard S&P 500 ETFVanguard Scottsdale FDSvs. Q1 2021SEC
Q1 2021May 11, 202174$217.1MiShares Core S&P 500 ETFVanguard S&P 500 ETFVanguard Scottsdale FDS–SEC