Grant/GrossMendelsohn, LLC
- SEC CIK
- 0001810677
- Latest filing
- May 1, 2025
The latest 13F from Grant/GrossMendelsohn, LLC covers Q1 2025 (filed May 1, 2025): 134 long positions worth $179.9M. The top 10 holdings make up 39.2% of the portfolio, and the largest is iShares Tr at 9.9%. Livermore has 17 filings on Form 13F from this institution, going back to Q1 2021.
What changed in Q1 2025
Share counts compared with Q4 2024: 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
- 12
- Est. +$11.1M
- Added
- 52
- Est. +$12.1M
- Reduced
- 46
- Est. −$7.10M
- Sold out
- 17
- Est. −$24.8M
Top 5 holdings
Share of this quarter's portfolio value
Biggest buys
New and added positions, by estimated amount bought
- Fidelity MSCI Utilities Index ETF316092865+$3.12MNew
- Fidelity Covington Trust316092303+$2.96MNew
- iShares Trust iShares 0-1 Year Treasury Bond ETF464288679+$2.75MNew
- Fidelity MSCI Health Care Index ETF316092600+$2.72MAdded
- iShares Tr464288760+$2.14MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- GLDSPDR Gold Trust
- Fidelity MSCI Utilities Index ETF316092865+1.74 pp0.0% → 1.7%
- Fidelity Covington Trust316092303+1.65 pp0.0% → 1.6%
- iShares Trust iShares 0-1 Year Treasury Bond ETF464288679+1.53 pp0.0% → 1.5%
- Fidelity MSCI Health Care Index ETF316092600+1.52 pp0.1% → 1.6%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Janus Detroit STR Tr47103U845−$5.81MSold out
- Fidelity MSCI Information Technology Index ETF316092808−$3.44MSold out
- Fidelity Covington Trust316092709−$3.26MSold out
- Fidelity Covington Trust316092204−$3.22MSold out
- Invesco Exchange Traded FD T46137V530−$3.15MSold out
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Janus Detroit STR Tr47103U845−3.04 pp3.0% → 0.0%
- Fidelity MSCI Information Technology Index ETF316092808−1.80 pp1.8% → 0.0%
- Fidelity Covington Trust316092709−1.70 pp1.7% → 0.0%
- Fidelity Covington Trust316092204−1.68 pp1.7% → 0.0%
- Invesco Exchange Traded FD T46137V530−1.65 pp1.6% → 0.0%
Metrics
13F metrics for Q1 2025, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $179.9M
- −$11.5M (−6.0%) vs. prior quarter
- Positions
- 134
- −5 vs. prior quarter
- Top 10 concentration
- 39.2%
- Top 10 as share of value
- Turnover
- 12.5%
- Q1 2025, one quarter
- Average holding period
- 10.3 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
17 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $246.6M (Q2 2023)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q1 2025 | May 1, 2025 | 134 | $179.9M | iShares TrGLDT Rowe Price Exchange-Traded | vs. Q4 2024 | SEC |
| Q4 2024 | Jan 15, 2025 | 139 | $191.3M | iShares TrGLDT Rowe Price Exchange-Traded | vs. Q3 2024 | SEC |
| Q3 2024 | Oct 15, 2024 | 148 | $232.1M | iShares TrNorthern LTS FD Tr IIGLD | vs. Q2 2024 | SEC |
| Q2 2024 | Jul 22, 2024 | 136 | $218.6M | iShares TrNorthern LTS FD Tr IIGLD | vs. Q1 2024 | SEC |
| Q1 2024 | Apr 25, 2024 | 130 | $214.7M | iShares TrNorthern LTS FD Tr IIGLD | vs. Q4 2023 | SEC |
| Q4 2023 | Jan 30, 2024 | 137 | $241.8M | iShares TrNorthern LTS FD Tr IIGLD | vs. Q3 2023 | SEC |
| Q3 2023 | Oct 24, 2023 | 139 | $231.1M | iShares TrTOSTGLD | vs. Q2 2023 | SEC |
| Q2 2023 | Jul 19, 2023 | 141 | $246.6M | iShares TrTOSTVanguard Long-Term Treasury ETF | vs. Q1 2023 | SEC |
| Q1 2023 | May 1, 2023 | 60 | $175.2M | iShares TrTOSTiShares Core U.S. Aggregate Bond ETF | vs. Q4 2022 | SEC |
| Q4 2022 | Jan 10, 2023 | 134 | $193.9M | iShares TrTOSTState Street Health Care Select Sector SPDR ETF | vs. Q3 2022 | SEC |
| Q3 2022 | Nov 2, 2022 | 135 | $185.1M | TOSTJanus Detroit STR TrState Street Health Care Select Sector SPDR ETF | vs. Q2 2022 | SEC |
| Q2 2022 | Jul 20, 2022 | 131 | $179.1M | TOSTJanus Detroit STR TrState Street Utilities Select Sector SPDR ETF | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 25, 2022 | 138 | $199.6M | TOSTJanus Detroit STR TrState Street Utilities Select Sector SPDR ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Jan 13, 2022 | 96 | $126.0M | State Street Health Care Select Sector SPDR ETFJ P Morgan Exchange Traded FVanguard Real Estate ETF | vs. Q3 2021 | SEC |
| Q3 2021 | Oct 27, 2021 | 96 | $126.0M | First Trust Dow Jones Internet Index FundJ P Morgan Exchange Traded FVanguard Real Estate ETF | vs. Q2 2021 | SEC |
| Q2 2021 | Aug 5, 2021 | 91 | $117.7M | State Street Consumer Discretionary Select Sector SPDR ETFFirst Trust Dow Jones Internet Index FundState Street Health Care Select Sector SPDR ETF | vs. Q1 2021 | SEC |
| Q1 2021 | May 4, 2021 | 86 | $125.3M | State Street Industrial Select Sector SPDR ETFState Street Consumer Discretionary Select Sector SPDR ETFVanguard Morningstar Small-Cap ETF | – | SEC |