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Affinia Financial Group, LLC

SEC CIK
0001802862
Latest filing
Aug 8, 2023

The latest 13F from Affinia Financial Group, LLC covers Q2 2023 (filed Aug 8, 2023): 35 long positions worth $144.3M. The top 10 holdings make up 91.5% of the portfolio, and the largest is VanEck Morningstar Wide Moat ETF at 20.8%. Livermore has 10 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2023

Share counts compared with Q1 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
4
Est. +$4.59M
Added
9
Est. +$1.58M
Reduced
18
Est. −$2.81M
Sold out
3
Est. −$3.31M

Top 5 holdings

Share of this quarter's portfolio value

  1. VanEck Morningstar Wide Moat ETF92189F643
    20.8%$30.0M
  2. State Street SPDR Portfolio S&P 500 ETF78464A854
    17.5%$25.3M
  3. iShares Trust iShares 0-1 Year Treasury Bond ETF464288679
    16.0%$23.0M
  4. T Rowe Price Exchange-Traded87283Q404
    14.9%$21.5M
  5. SPYSPDR S&P 500 ETF Trust
    13.7%$19.8MHistory

Share of portfolio

Top 5 holdings and the other 30 positions, by share of portfolio value

  1. VanEck Morningstar Wide Moat ETF20.8%
  2. State Street SPDR Portfolio S&P 500 ETF17.5%
  3. iShares Trust iShares 0-1 Year Treasury Bond ETF16.0%
  4. T Rowe Price Exchange-Traded14.9%
  5. SPY13.7%
  6. Other 30 positions17.1%

Biggest buys

New and added positions, by estimated amount bought

  1. State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853
    +$3.40MNew
  2. iShares Trust iShares 0-1 Year Treasury Bond ETF464288679
    +$898.3KAdded
  3. Vanguard Morningstar Total Stock Market ETF922908769
    +$522.6KNew
  4. iShares Tr464287457
    +$461.7KAdded
  5. Fidelity Merrimack STR Tr316188309
    +$450.0KNew

Largest weight increases

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

  1. State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853
    +2.36 pp0.0% → 2.4%
  2. Vanguard Morningstar Total Stock Market ETF922908769
    +0.36 pp0.0% → 0.4%
  3. Fidelity Merrimack STR Tr316188309
    +0.31 pp0.0% → 0.3%
  4. iShares Tr464287457
    +0.30 pp0.3% → 0.6%
  5. ORCLOracle Corp
    +0.15 pp0.0% → 0.1%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. SPDR Ser Tr78464A813
    −$2.85MSold out
  2. State Street SPDR Portfolio S&P 500 ETF78464A854
    −$1.53MReduced
  3. VanEck Morningstar Wide Moat ETF92189F643
    −$334.0KReduced
  4. JPMJPMorgan Chase & Co
    −$257.5KSold outHistory
  5. CVXChevron Corp
    −$204.9KSold outHistory

Largest weight decreases

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

  1. SPDR Ser Tr78464A813
    −2.11 pp2.1% → 0.0%
  2. State Street SPDR Portfolio S&P 500 ETF78464A854
    −0.66 pp18.2% → 17.5%
  3. JPMJPMorgan Chase & Co
    −0.19 pp0.2% → 0.0%History
  4. DNPDNP Select Income Fund Inc
    −0.17 pp0.3% → 0.2%History
  5. XOMExxonMobil Holdings Corp
    −0.15 pp0.3% → 0.2%History

Metrics

13F metrics for Q2 2023, computed only from the numbers in the filings. Definitions below.

Portfolio value
$144.3M
+$9.20M (+6.8%) vs. prior quarter
Positions
35
+1 vs. prior quarter
Top 10 concentration
91.5%
Top 10 as share of value
Turnover
4.4%
Q2 2023, one quarter
Average holding period
8.4 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

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

Peak $165.9M (Q2 2021)

Q1 2021: $160.4MQ2 2021: $165.9MQ3 2021: $156.6MQ4 2021: $153.8MQ1 2022: $130.6MQ2 2022: $118.8MQ3 2022: $88.6MQ4 2022: $117.6MQ1 2023: $135.1MQ2 2023: $144.3M
Q1 2021Q2 2023
13F filings of Affinia Financial Group, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2023Aug 8, 202335$144.3MVanEck Morningstar Wide Moat ETFState Street SPDR Portfolio S&P 500 ETFiShares Trust iShares 0-1 Year Treasury Bond ETFvs. Q1 2023SEC
Q1 2023May 4, 202334$135.1MVanEck Morningstar Wide Moat ETFState Street SPDR Portfolio S&P 500 ETFiShares Trust iShares 0-1 Year Treasury Bond ETFvs. Q4 2022SEC
Q4 2022Jan 31, 202330$117.6MVanEck Morningstar Wide Moat ETFState Street SPDR Portfolio S&P 500 ETFT Rowe Price Exchange-Tradedvs. Q3 2022SEC
Q3 2022Nov 10, 202228$88.6MState Street SPDR Portfolio S&P 500 ETFVanEck Morningstar Wide Moat ETFSPYvs. Q2 2022SEC
Q2 2022Aug 15, 202231$118.8MState Street SPDR Portfolio S&P 500 ETFiShares Trust iShares 0-1 Year Treasury Bond ETFSPYvs. Q1 2022SEC
Q1 2022May 25, 202230$130.6MState Street SPDR Portfolio S&P 500 ETFSPYVanEck Morningstar Wide Moat ETFvs. Q4 2021SEC
Q4 2021Jan 20, 202232$153.8MSPYState Street SPDR Portfolio S&P 500 ETFVanEck Morningstar Wide Moat ETFvs. Q3 2021SEC
Q3 2021Nov 3, 202132$156.6MSPYState Street SPDR Portfolio S&P 500 ETFVanEck Morningstar Wide Moat ETFvs. Q2 2021SEC
Q2 2021Aug 13, 202132$165.9MSPYState Street SPDR Portfolio S&P 500 ETFVanEck Morningstar Wide Moat ETFvs. Q1 2021SEC
Q1 2021May 17, 202130$160.4MSPYState Street SPDR Portfolio S&P 500 ETFVanEck Morningstar Wide Moat ETF–SEC