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Windsor Group LTD

SEC CIK
0001731713
Latest filing
Oct 24, 2023

The latest 13F from Windsor Group LTD covers Q3 2023 (filed Oct 24, 2023): 157 long positions worth $546.1M. The top 10 holdings make up 47.0% of the portfolio, and the largest is iShares Core S&P US Value ETF at 8.2%. Livermore has 11 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q3 2023

Share counts compared with Q2 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.

Full comparison
New
1
Est. +$212.0K
Added
52
Est. +$18.1M
Reduced
64
Est. −$17.7M
Sold out
9
Est. −$2.10M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P US Value ETF464287663
    8.2%$45.0M
  2. iShares Core S&P U.S. Growth ETF464287671
    7.0%$38.5M
  3. iShares Russell Mid-Cap Value ETF464287473
    5.7%$31.2M
  4. LLYEli Lilly & Co
    5.2%$28.5MHistory
  5. Pacer US Cash Cows 100 ETF69374H881
    4.6%$25.2M

Biggest buys

New and added positions, by estimated amount bought

  1. Pacer US Cash Cows 100 ETF69374H881
    +$3.44MAdded
  2. J P Morgan Exchange Traded F46641Q670
    +$2.92MAdded
  3. Fidelity Merrimack STR Tr316188309
    +$2.05MAdded
  4. Vanguard Short-Term Bond ETF921937827
    +$1.48MAdded
  5. American Centy ETF Tr025072877
    +$1.13MAdded

Largest weight increases

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

  1. Pacer US Cash Cows 100 ETF69374H881
    +0.83 pp3.8% → 4.6%
  2. J P Morgan Exchange Traded F46641Q670
    +0.48 pp2.4% → 2.9%
  3. Fidelity Merrimack STR Tr316188309
    +0.33 pp2.3% → 2.7%
  4. Vanguard Short-Term Bond ETF921937827
    +0.31 pp2.8% → 3.1%
  5. American Centy ETF Tr025072877
    +0.30 pp3.7% → 4.0%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard Scottsdale FDS92206C680
    −$5.34MReduced
  2. LLYEli Lilly & Co
    −$4.00MReducedHistory
  3. iShares Russell Mid-Cap Value ETF464287473
    −$1.31MReduced
  4. iShares Tr464287630
    −$1.16MReduced
  5. iShares MSCI USA Quality Factor ETF46432F339
    −$539.7KReduced

Largest weight decreases

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

  1. Vanguard Scottsdale FDS92206C680
    −1.01 pp2.4% → 1.3%
  2. iShares Russell Mid-Cap Value ETF464287473
    −0.43 pp6.1% → 5.7%
  3. iShares Core S&P US Value ETF464287663
    −0.31 pp8.6% → 8.2%
  4. iShares Tr464287630
    −0.23 pp0.9% → 0.7%
  5. Vanguard Mun BD FDS922907746
    −0.15 pp3.8% → 3.6%

Metrics

13F metrics for Q3 2023, computed only from the numbers in the filings. Definitions below.

Portfolio value
$546.1M
−$11.0M (−2.0%) vs. prior quarter
Positions
157
−8 vs. prior quarter
Top 10 concentration
47.0%
Top 10 as share of value
Turnover
3.3%
Q3 2023, one quarter
Average holding period
9.6 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

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

Peak $557.1M (Q2 2023)

Q1 2021: $419.6MQ2 2021: $462.7MQ3 2021: $477.9MQ4 2021: $545.3MQ1 2022: $540.6MQ2 2022: $391.4MQ3 2022: $401.5MQ4 2022: $483.9MQ1 2023: $515.7MQ2 2023: $557.1MQ3 2023: $546.1M
Q1 2021Q3 2023
13F filings of Windsor Group LTD by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2023Oct 24, 2023157$546.1MiShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFiShares Russell Mid-Cap Value ETFvs. Q2 2023SEC
Q2 2023Jul 12, 2023165$557.1MiShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFiShares Russell Mid-Cap Value ETFvs. Q1 2023SEC
Q1 2023Apr 19, 2023162$515.7MiShares Core S&P US Value ETFiShares Russell Mid-Cap Value ETFiShares Core S&P U.S. Growth ETFvs. Q4 2022SEC
Q4 2022Feb 2, 2023161$483.9MiShares Core S&P US Value ETFiShares Russell Mid-Cap Value ETFiShares Core S&P U.S. Growth ETFvs. Q3 2022SEC
Q3 2022Nov 7, 2022150$401.5MiShares Russell Mid-Cap Value ETFiShares Core S&P US Value ETFVanguard Mun BD FDSvs. Q2 2022SEC
Q2 2022Aug 8, 2022153$391.4MiShares Russell Mid-Cap Value ETFiShares Core S&P US Value ETFiShares Trvs. Q1 2022SEC
Q1 2022May 4, 2022230$540.6MiShares Russell Mid-Cap Value ETFiShares Core S&P US Value ETFiShares Core S&P Small Cap ETFvs. Q4 2021SEC
Q4 2021Jan 21, 2022235$545.3MiShares Russell Mid-Cap Value ETFiShares Core S&P US Value ETFiShares Core S&P Small Cap ETFvs. Q3 2021SEC
Q3 2021Oct 12, 2021222$477.9MiShares Russell Mid-Cap Value ETFiShares Core S&P US Value ETFiShares Core S&P Small Cap ETFvs. Q2 2021SEC
Q2 2021Jul 26, 2021213$462.7MiShares Russell Mid-Cap Value ETFiShares Core S&P Small Cap ETFiShares Core S&P US Value ETFvs. Q1 2021SEC
Q1 2021May 12, 2021198$419.6MiShares Russell Mid-Cap Value ETFiShares Core S&P Small Cap ETFiShares Core S&P US Value ETF–SEC