JD Financial Services Inc.
- SEC CIK
- 0001840561
- Latest filing
- Feb 11, 2022
The latest 13F from JD Financial Services Inc. covers Q4 2021 (filed Feb 11, 2022): 39 long positions worth $121.3M. The top 10 holdings make up 74.2% of the portfolio, and the largest is WisdomTree Tr at 11.7%. 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.
- New
- 6
- Est. +$9.71M
- Added
- 12
- Est. +$4.82M
- Reduced
- 17
- Est. −$7.76M
- Sold out
- 1
- Est. −$244.0K
Top 5 holdings
Share of this quarter's portfolio value
- WisdomTree Tr97717W58811.7%$14.2M
- WisdomTree Tr97717X51110.7%$13.0M
- Invesco QQQ Trust Series I46090E1038.0%$9.65M
- State Street SPDR Portfolio Developed World Ex-US ETF78463X8897.5%$9.09M
- Invesco Exchange Traded FD T46137V3577.4%$9.00M
Share of portfolio
Top 5 holdings and the other 34 positions, by share of portfolio value
- WisdomTree Tr11.7%
- WisdomTree Tr10.7%
- Invesco QQQ Trust Series I8.0%
- State Street SPDR Portfolio Developed World Ex-US ETF7.5%
- Invesco Exchange Traded FD T7.4%
- Other 34 positions54.7%
Biggest buys
New and added positions, by estimated amount bought
- State Street Energy Select Sector SPDR ETF81369Y506+$3.67MNew
- WisdomTree Tr97717Y808+$1.97MNew
- WisdomTree Tr97717W281+$1.96MNew
- Invesco Exch Traded FD Tr II46138E628+$1.90MNew
- WisdomTree Tr97717W760+$1.28MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- State Street Energy Select Sector SPDR ETF81369Y506+3.02 pp0.0% → 3.0%
- WisdomTree Tr97717Y808+1.63 pp0.0% → 1.6%
- WisdomTree Tr97717W281+1.62 pp0.0% → 1.6%
- Invesco Exch Traded FD Tr II46138E628+1.57 pp0.0% → 1.6%
- WisdomTree Tr97717X669+0.87 pp5.6% → 6.5%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- SPDR Series Trust78464A672−$1.52MReduced
- State Street Consumer Staples Select Sector SPDR ETF81369Y308−$1.48MReduced
- Invesco QQQ Trust Series I46090E103−$1.09MReduced
- State Street Real Estate Select Sector SPDR ETF81369Y860−$950.1KReduced
- Invesco Exch Traded FD Tr II46138E230−$888.7KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- SPDR Series Trust78464A672−1.57 pp3.0% → 1.5%
- WisdomTree Tr97717X511−1.39 pp12.1% → 10.7%
- State Street Consumer Staples Select Sector SPDR ETF81369Y308−1.20 pp2.1% → 0.9%
- WisdomTree Tr97717X578−0.96 pp6.7% → 5.8%
- Invesco QQQ Trust Series I46090E103−0.87 pp8.8% → 8.0%
Metrics
13F metrics for Q4 2021, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $121.3M
- +$11.7M (+10.7%) vs. prior quarter
- Positions
- 39
- +5 vs. prior quarter
- Top 10 concentration
- 74.2%
- Top 10 as share of value
- Turnover
- 6.9%
- Q4 2021, one quarter
- Average holding period
- 3.7 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 $121.3M (Q4 2021)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q4 2021 | Feb 11, 2022 | 39 | $121.3M | WisdomTree TrWisdomTree TrInvesco QQQ Trust Series I | vs. Q3 2021 | SEC |
| Q3 2021 | Nov 16, 2021 | 34 | $109.6M | WisdomTree TrWisdomTree TrInvesco QQQ Trust Series I | vs. Q2 2021 | SEC |
| Q2 2021 | Aug 16, 2021 | 32 | $107.8M | WisdomTree TrWisdomTree TrInvesco QQQ Trust Series I | vs. Q1 2021 | SEC |
| Q1 2021 | May 18, 2021 | 45 | $78.8M | Invesco Exchange Traded FD TState Street Consumer Staples Select Sector SPDR ETFInvesco Exch Traded FD Tr II | – | SEC |