Capital Financial Planning, LLC
- SEC CIK
- 0001763608
- Latest filing
- Oct 12, 2023
The latest 13F from Capital Financial Planning, LLC covers Q3 2023 (filed Oct 12, 2023): 85 long positions worth $247.6M. The top 10 holdings make up 68.2% of the portfolio, and the largest is Vanguard Morningstar Value ETF at 18.2%. 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.
- New
- 2
- Est. +$453.2K
- Added
- 24
- Est. +$3.98M
- Reduced
- 51
- Est. −$9.56M
- Sold out
- 27
- Est. −$8.98M
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard Morningstar Value ETF92290874418.2%$45.1M
- Vanguard Morningstar Growth ETF92290873616.3%$40.4M
- AAPLApple Inc.
- iShares Tr46435G2685.5%$13.6M
- State Street Technology Select Sector SPDR ETF81369Y8034.2%$10.4M
Share of portfolio
Top 5 holdings and the other 80 positions, by share of portfolio value
- Vanguard Morningstar Value ETF18.2%
- Vanguard Morningstar Growth ETF16.3%
- AAPL7.0%
- iShares Tr5.5%
- State Street Technology Select Sector SPDR ETF4.2%
- Other 80 positions48.8%
Biggest buys
New and added positions, by estimated amount bought
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Vanguard Morningstar Value ETF922908744+1.26 pp17.0% → 18.2%
- Vanguard Morningstar Growth ETF922908736+1.04 pp15.3% → 16.3%
- iShares Core High Dividend ETF46429B663+0.53 pp3.0% → 3.5%
- Pacer US Cash Cows 100 ETF69374H881+0.48 pp2.1% → 2.6%
- iShares Tr46435G268+0.36 pp5.1% → 5.5%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares Tr464288513−$1.44MSold out
- State Street Technology Select Sector SPDR ETF81369Y803−$1.03MReduced
- State Street Health Care Select Sector SPDR ETF81369Y209−$826.0KReduced
- iShares Core Dividend Growth ETF46434V621−$698.5KReduced
- Vanguard World FD921910816−$689.4KSold out
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- iShares Tr464288513−0.53 pp0.5% → 0.0%
- Vanguard World FD921910816−0.25 pp0.3% → 0.0%
- State Street Technology Select Sector SPDR ETF81369Y803−0.25 pp4.5% → 4.2%
- iShares Iboxx $ Investment Grade Corporate Bond ETF464287242−0.22 pp0.8% → 0.6%
- State Street Health Care Select Sector SPDR ETF81369Y209−0.21 pp1.8% → 1.5%
Metrics
13F metrics for Q3 2023, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $247.6M
- −$24.9M (−9.1%) vs. prior quarter
- Positions
- 85
- −25 vs. prior quarter
- Top 10 concentration
- 68.2%
- Top 10 as share of value
- Turnover
- 1.7%
- Q3 2023, one quarter
- Average holding period
- 10.7 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 $289.7M (Q4 2021)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q3 2023 | Oct 12, 2023 | 85 | $247.6M | Vanguard Morningstar Value ETFVanguard Morningstar Growth ETFAAPL | vs. Q2 2023 | SEC |
| Q2 2023 | Jul 24, 2023 | 110 | $272.6M | Vanguard Morningstar Value ETFVanguard Morningstar Growth ETFAAPL | vs. Q1 2023 | SEC |
| Q1 2023 | Apr 20, 2023 | 104 | $256.1M | Vanguard Morningstar Value ETFVanguard Morningstar Growth ETFAAPL | vs. Q4 2022 | SEC |
| Q4 2022 | Jan 24, 2023 | 117 | $246.6M | Vanguard Morningstar Value ETFVanguard Morningstar Growth ETFiShares Tr | vs. Q3 2022 | SEC |
| Q3 2022 | Oct 18, 2022 | 107 | $231.7M | Vanguard Morningstar Value ETFVanguard Morningstar Growth ETFFirst Tr Exchange-Traded FD | vs. Q2 2022 | SEC |
| Q2 2022 | Jul 18, 2022 | 121 | $244.5M | Vanguard Morningstar Value ETFVanguard Morningstar Growth ETFAAPL | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 27, 2022 | 123 | $284.0M | Vanguard Morningstar Value ETFVanguard Morningstar Growth ETFAAPL | vs. Q4 2021 | SEC |
| Q4 2021 | Feb 11, 2022 | 113 | $289.7M | Vanguard Morningstar Growth ETFVanguard Morningstar Value ETFAAPL | vs. Q3 2021 | SEC |
| Q3 2021 | Nov 1, 2021 | 131 | $266.7M | Vanguard Morningstar Growth ETFVanguard Morningstar Value ETFVanguard Morningstar Mid-Cap ETF | vs. Q2 2021 | SEC |
| Q2 2021 | Jul 26, 2021 | 125 | $255.8M | Vanguard Morningstar Growth ETFVanguard Morningstar Value ETFVanguard Morningstar Mid-Cap ETF | vs. Q1 2021 | SEC |
| Q1 2021 | Apr 27, 2021 | 120 | $232.6M | Vanguard Morningstar Growth ETFVanguard Morningstar Value ETFVanguard Morningstar Mid-Cap ETF | – | SEC |