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Windsor Creek Advisors, LLC

SEC CIK
0001766553
Latest filing
Feb 3, 2022

The latest 13F from Windsor Creek Advisors, LLC covers Q4 2021 (filed Feb 3, 2022): 81 long positions worth $225.8M. The top 10 holdings make up 40.4% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 10.9%. 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
9
Est. +$26.0M
Added
14
Est. +$34.7M
Reduced
31
Est. −$29.5M
Sold out
27
Est. −$26.8M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Total Stock Market ETF922908769
    10.9%$24.6M
  2. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    5.4%$12.3M
  3. Vanguard Ftse Developed Markets ETF921943858
    4.0%$9.04M
  4. WisdomTree Tr97717W851
    3.5%$8.00M
  5. Vanguard Index FDS922908710
    3.3%$7.34M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Morningstar Total Stock Market ETF922908769
    +$19.7MAdded
  2. Vanguard Ftse Developed Markets ETF921943858
    +$9.04MNew
  3. Vanguard Index FDS922908710
    +$7.34MNew
  4. BRK.ABerkshire Hathaway Inc
    +$5.81MAddedHistory
  5. Vanguard Morningstar Small-Cap Value ETF922908611
    +$3.29MAdded

Largest weight increases

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

  1. Vanguard Morningstar Total Stock Market ETF922908769
    +8.84 pp2.1% → 10.9%
  2. Vanguard Ftse Developed Markets ETF921943858
    +4.00 pp0.0% → 4.0%
  3. Vanguard Index FDS922908710
    +3.25 pp0.0% → 3.3%
  4. Vanguard Morningstar Small-Cap Value ETF922908611
    +1.51 pp1.0% → 2.5%
  5. GLCNFGlencore plc
    +1.08 pp0.0% → 1.1%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. MSFTMicrosoft Corp
    −$8.04MReducedHistory
  2. GOOGAlphabet Inc.
    −$3.37MSold outHistory
  3. MUMicron Technology Inc
    −$3.09MReducedHistory
  4. GOOGLAlphabet Inc.
    −$2.94MSold outHistory
  5. KGCKinross Gold Corp
    −$2.04MSold outHistory

Largest weight decreases

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

  1. MSFTMicrosoft Corp
    −2.57 pp5.3% → 2.7%History
  2. GOOGAlphabet Inc.
    −1.52 pp1.5% → 0.0%History
  3. GOOGLAlphabet Inc.
    −1.32 pp1.3% → 0.0%History
  4. MUMicron Technology Inc
    −1.12 pp1.5% → 0.4%History
  5. KGCKinross Gold Corp
    −0.92 pp0.9% → 0.0%History

Metrics

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

Portfolio value
$225.8M
+$3.38M (+1.5%) vs. prior quarter
Positions
81
−18 vs. prior quarter
Top 10 concentration
40.4%
Top 10 as share of value
Turnover
25.1%
Q4 2021, one quarter
Average holding period
3.5 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 $266.2M (Q2 2021)

Q1 2021: $258.4MQ2 2021: $266.2MQ3 2021: $222.4MQ4 2021: $225.8M
Q1 2021Q4 2021
13F filings of Windsor Creek Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q4 2021Feb 3, 202281$225.8MVanguard Morningstar Total Stock Market ETFState Street SPDR Portfolio Developed World Ex-US ETFVanguard Ftse Developed Markets ETFvs. Q3 2021SEC
Q3 2021Nov 3, 202199$222.4MMSFTState Street SPDR Portfolio Developed World Ex-US ETFWisdomTree Trvs. Q2 2021SEC
Q2 2021Aug 5, 2021144$266.2MMSFTiShares IncWisdomTree Trvs. Q1 2021SEC
Q1 2021May 13, 2021145$258.4MMSFTiShares TrWisdomTree Tr–SEC