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Livermore
Livermore
ZHEN

Silversage Advisors

SEC CIK
0001802437
Latest filing
Aug 10, 2021

The latest 13F from Silversage Advisors covers Q2 2021 (filed Aug 10, 2021): 6 long positions worth $2.41M. The top 10 holdings make up 100.0% of the portfolio, and the largest is iShares Core S&P Mid-Cap ETF at 30.3%. Livermore has 2 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2021

Share counts compared with Q1 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
5
Est. +$2.06M
Added
0
Reduced
1
Est. −$53.8K
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P Mid-Cap ETF464287507
    30.3%$731.0K
  2. ADBEAdobe Inc.
    24.8%$597.0KHistory
  3. iShares Core S&P 500 ETF464287200
    14.6%$352.0K
  4. MSFTMicrosoft Corp
    11.4%$275.0KHistory
  5. TSLATesla, Inc.
    10.6%$255.0KHistory

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Core S&P Mid-Cap ETF464287507
    +$731.0KNew
  2. ADBEAdobe Inc.
    +$597.0KNewHistory
  3. MSFTMicrosoft Corp
    +$275.0KNewHistory
  4. TSLATesla, Inc.
    +$255.0KNewHistory
  5. Vanguard Morningstar Small-Cap ETF922908751
    +$200.0KNew

Largest weight increases

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

  1. iShares Core S&P Mid-Cap ETF464287507
    +30.33 pp0.0% → 30.3%
  2. ADBEAdobe Inc.
    +24.77 pp0.0% → 24.8%History
  3. MSFTMicrosoft Corp
    +11.41 pp0.0% → 11.4%History
  4. TSLATesla, Inc.
    +10.58 pp0.0% → 10.6%History
  5. Vanguard Morningstar Small-Cap ETF922908751
    +8.30 pp0.0% → 8.3%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Core S&P 500 ETF464287200
    −$53.8KReduced

Largest weight decreases

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

  1. iShares Core S&P 500 ETF464287200
    −85.39 pp100.0% → 14.6%

Metrics

13F metrics for Q2 2021, computed only from the numbers in the filings. Definitions below.

Portfolio value
$2.41M
+$2.04M (+542.7%) vs. prior quarter
Positions
6
+5 vs. prior quarter
Top 10 concentration
100.0%
Top 10 as share of value
Turnover
3.9%
Q2 2021, one quarter
Average holding period
1.1 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

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

Peak $2.41M (Q2 2021)

Q1 2021: $375.0KQ2 2021: $2.41M
Q1 2021Q2 2021
13F filings of Silversage Advisors by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2021Aug 10, 20216$2.41MiShares Core S&P Mid-Cap ETFADBEiShares Core S&P 500 ETFvs. Q1 2021SEC
Q1 2021May 24, 20211$375.0KiShares Core S&P 500 ETF–SEC