Skip to main content
Livermore
Livermore
ZHEN

Columbia Trust Co 01012016

SEC CIK
0001802291
Latest filing
Jan 17, 2024

The latest 13F from Columbia Trust Co 01012016 covers Q4 2023 (filed Jan 17, 2024): 145 long positions worth $221.4M. The top 10 holdings make up 35.6% of the portfolio, and the largest is Microsoft Corp (MSFT) at 5.9%. Livermore has 13 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q4 2023

Share counts compared with Q3 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
18
Est. +$4.47M
Added
100
Est. +$32.5M
Reduced
17
Est. −$6.35M
Sold out
3
Est. −$847.2K

Top 5 holdings

Share of this quarter's portfolio value

  1. MSFTMicrosoft Corp
    5.9%$13.0MHistory
  2. AAPLApple Inc.
    5.4%$11.9MHistory
  3. iShares Tr464288653
    4.2%$9.29M
  4. iShares Core MSCI Emerging Markets ETF46434G103
    3.6%$8.00M
  5. iShares Inc46434G764
    3.4%$7.42M

Share of portfolio

Top 5 holdings and the other 140 positions, by share of portfolio value

  1. MSFT5.9%
  2. AAPL5.4%
  3. iShares Tr4.2%
  4. iShares Core MSCI Emerging Markets ETF3.6%
  5. iShares Inc3.4%
  6. Other 140 positions77.6%

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Tr464288653
    +$5.58MAdded
  2. iShares Core MSCI Eafe ETF46432F842
    +$4.37MAdded
  3. iShares Core S&P 500 ETF464287200
    +$3.52MAdded
  4. iShares Inc46434G764
    +$2.23MAdded
  5. GOOGLAlphabet Inc.
    +$900.0KAddedHistory

Largest weight increases

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

  1. iShares Tr464288653
    +2.24 pp2.0% → 4.2%
  2. iShares Core MSCI Eafe ETF46432F842
    +1.75 pp1.5% → 3.3%
  3. iShares Core S&P 500 ETF464287200
    +1.45 pp1.1% → 2.5%
  4. iShares Inc46434G764
    +0.65 pp2.7% → 3.4%
  5. iShares S&P Mid-Cap 400 Growth ETF464287606
    +0.28 pp0.3% → 0.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares U.S. Treasury Bond ETF46429B267
    −$2.87MReduced
  2. iShares U S ETF Tr46431W507
    −$2.71MReduced
  3. TSNTyson Foods, Inc.
    −$468.5KSold outHistory
  4. SPYSPDR S&P 500 ETF Trust
    −$273.3KReducedHistory
  5. Goldman Sachs ETF Tr381430479
    −$213.2KSold out

Largest weight decreases

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

  1. iShares U S ETF Tr46431W507
    −1.96 pp3.5% → 1.5%
  2. iShares U.S. Treasury Bond ETF46429B267
    −1.86 pp3.0% → 1.2%
  3. iShares Core MSCI Emerging Markets ETF46434G103
    −0.76 pp4.4% → 3.6%
  4. NVDANVIDIA Corp
    −0.39 pp2.9% → 2.5%History
  5. TSNTyson Foods, Inc.
    −0.27 pp0.3% → 0.0%History

Metrics

13F metrics for Q4 2023, computed only from the numbers in the filings. Definitions below.

Portfolio value
$221.4M
+$49.0M (+28.4%) vs. prior quarter
Positions
145
+15 vs. prior quarter
Top 10 concentration
35.6%
Top 10 as share of value
Turnover
3.7%
Q4 2023, one quarter
Average holding period
10.9 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

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

Peak $221.4M (Q4 2023)

Q1 2021: $161.3MQ2 2021: $175.5MQ3 2021: $189.4MQ4 2021: $189.2MQ1 2022: $213.6MQ2 2022: $186.1MQ3 2022: $177.1MQ4 2022: $179.4MQ1 2023: $173.2MQ2 2023: $178.1MQ3 2023: $172.4MQ4 2023: $221.4M
Q1 2021Q4 2023
13F filings of Columbia Trust Co 01012016 by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q4 2023Jan 17, 2024145$221.4MMSFTAAPLiShares Trvs. Q3 2023SEC
Q3 2023Oct 17, 2023130$172.4MMSFTAAPLiShares Core MSCI Emerging Markets ETFvs. Q2 2023SEC
Q2 2023Jul 18, 2023128$178.1MMSFTAAPLiShares U S ETF Trvs. Q1 2023SEC
Q1 2023Apr 11, 2023127$173.2MiShares U S ETF TrAAPLMSFTvs. Q4 2022SEC
Q4 2022Feb 15, 2023Amended136$179.4MiShares U S ETF TrAAPLiShares U.S. Treasury Bond ETFvs. Q3 2022SEC
Q3 2022Oct 11, 2022131$177.1MiShares U S ETF TrAAPLMSFTvs. Q2 2022SEC
Q2 2022Jul 19, 2022143$186.1MiShares U S ETF TrAAPLMSFTvs. Q1 2022SEC
Q1 2022Apr 15, 2022149$213.6MiShares U S ETF TrAAPLMSFTvs. Q4 2021SEC
Q4 2021Jan 14, 2022138$189.2MiShares U S ETF TrAAPLMSFTvs. Q3 2021SEC
Q3 2021Oct 14, 2021139$189.4MiShares U S ETF TrAAPLMSFTvs. Q2 2021SEC
Q2 2021Jul 13, 2021140$175.5MiShares U S ETF TrAAPLMSFTvs. Q1 2021SEC
Q1 2021Apr 16, 2021135$161.3MiShares U S ETF TrMSFTAAPL–SEC