Diversified, LLC
- SEC CIK
- 0001841991
- Latest filing
- Nov 13, 2024
The latest 13F from Diversified, LLC covers Q3 2024 (filed Nov 13, 2024): 229 long positions worth $911.0M. The top 10 holdings make up 73.5% of the portfolio, and the largest is Schwab U.S. Large-Cap ETF at 29.5%. Livermore has 16 filings on Form 13F from this institution, going back to Q1 2021.
What changed in Q3 2024
Share counts compared with Q2 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
- 5
- Est. +$859.0K
- Added
- 121
- Est. +$18.0M
- Reduced
- 80
- Est. −$4.01M
- Sold out
- 8
- Est. −$1.83M
Top 5 holdings
Share of this quarter's portfolio value
- Schwab U.S. Large-Cap ETF80852420129.5%$269.1M
- Schwab US Dividend Equity ETF80852479711.2%$102.2M
- iShares Russell 2000 ETF4642876557.4%$67.7M
- iShares Core S&P 500 ETF4642872005.5%$50.5M
- State Street Communication Services Select Sector SPDR ETF81369Y8525.3%$48.5M
Biggest buys
New and added positions, by estimated amount bought
- Schwab U.S. Large-Cap ETF808524201+$4.22MAdded
- Schwab US Dividend Equity ETF808524797+$2.21MAdded
- iShares Core S&P 500 ETF464287200+$1.71MAdded
- iShares Russell 2000 ETF464287655+$1.12MAdded
- J P Morgan Exchange Traded F46641Q159+$883.1KAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Schwab US Dividend Equity ETF808524797+0.41 pp10.8% → 11.2%
- iShares Russell 2000 ETF464287655+0.25 pp7.2% → 7.4%
- iShares Core S&P 500 ETF464287200+0.10 pp5.4% → 5.5%
- Schwab U.S. Large-Cap ETF808524201+0.07 pp29.5% → 29.5%
- State Street SPDR S&P 600 Small Cap Value ETF78464A300+0.06 pp0.8% → 0.8%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Vanguard Ftse Developed Markets ETF921943858−$433.3KReduced
- XOMExxonMobil Holdings Corp
- Vanguard Short-Term Bond ETF921937827−$315.4KSold out
- First Tr Exchange-Traded FD33733E104−$246.2KReduced
- Invesco Actively Managed Exc46090A804−$242.5KSold out
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
Metrics
13F metrics for Q3 2024, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $911.0M
- +$59.8M (+7.0%) vs. prior quarter
- Positions
- 229
- −3 vs. prior quarter
- Top 10 concentration
- 73.5%
- Top 10 as share of value
- Turnover
- 0.7%
- Q3 2024, one quarter
- Average holding period
- 11.6 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
15 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $911.0M (Q3 2024)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q3 2024 | Nov 13, 2024 | 229 | $911.0M | Schwab U.S. Large-Cap ETFSchwab US Dividend Equity ETFiShares Russell 2000 ETF | vs. Q2 2024 | SEC |
| Q2 2024 | Jul 24, 2024 | 232 | $851.1M | Schwab U.S. Large-Cap ETFSchwab US Dividend Equity ETFiShares Russell 2000 ETF | vs. Q1 2024 | SEC |
| Q1 2024 | May 2, 2024 | 178 | $727.0M | Schwab U.S. Large-Cap ETFSchwab US Dividend Equity ETFiShares Russell 2000 ETF | vs. Q4 2023 | SEC |
| Q4 2023 | Feb 1, 2024 | 157 | $461.9M | Schwab U.S. Large-Cap ETFInvesco Nasdaq 100 ETFState Street Communication Services Select Sector SPDR ETF | vs. Q3 2023 | SEC |
| Q3 2023 | Nov 2, 2023 | 139 | $385.5M | Schwab U.S. Large-Cap ETFInvesco Nasdaq 100 ETFState Street Communication Services Select Sector SPDR ETF | vs. Q2 2023 | SEC |
| Q2 2023 | Jul 26, 2023 | 144 | $392.7M | Schwab U.S. Large-Cap ETFInvesco Nasdaq 100 ETFState Street Communication Services Select Sector SPDR ETF | vs. Q1 2023 | SEC |
| Q1 2023 | Apr 24, 2023 | 145 | $279.3M | Invesco Nasdaq 100 ETFState Street Energy Select Sector SPDR ETFVanEck Semiconductor ETF | vs. Q4 2022 | SEC |
| Q4 2022 | Feb 13, 2023 | 155 | $254.5M | State Street Energy Select Sector SPDR ETFSchwab U.S. Large-Cap ETFVanEck Semiconductor ETF | vs. Q3 2022 | SEC |
| Q3 2022 | Oct 25, 2022 | 123 | $198.5M | State Street Energy Select Sector SPDR ETFSchwab U.S. Large-Cap ETFSchwab US Tips ETF | vs. Q2 2022 | SEC |
| Q2 2022 | Jul 19, 2022 | 102 | $241.0M | State Street Energy Select Sector SPDR ETFSchwab US Tips ETFVanEck Semiconductor ETF | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 14, 2022 | 114 | $244.2M | Invesco Nasdaq 100 ETFVanEck Semiconductor ETFiShares Tr | vs. Q4 2021 | SEC |
| Q4 2021 | Jan 31, 2022 | 115 | $236.6M | Invesco Nasdaq 100 ETFVanEck Semiconductor ETFiShares Tr | vs. Q3 2021 | SEC |
| Q3 2021 | Nov 4, 2021 | 103 | $188.0M | iShares TrInvesco Nasdaq 100 ETFInvesco Exchange Traded FD T | vs. Q2 2021 | SEC |
| Q2 2021 | Jul 16, 2021 | 102 | $179.4M | iShares TrInvesco Nasdaq 100 ETFVanguard Information Technology ETF | vs. Q1 2021 | SEC |
| Q1 2021 | Jul 26, 2021Amended | 95 | $129.9M | Vanguard Information Technology ETFiShares U.S. Medical Devices ETFInvesco Exchange Traded FD T | – | SEC |