Novak Financial Planning, LLC
- SEC CIK
- 0001843462
- Latest filing
- Jul 21, 2021
The latest 13F from Novak Financial Planning, LLC covers Q2 2021 (filed Jul 21, 2021): 121 long positions worth $204.3M. The top 10 holdings make up 35.1% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 5.0%. 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.
- New
- 8
- Est. +$4.95M
- Added
- 40
- Est. +$12.1M
- Reduced
- 60
- Est. −$3.12M
- Sold out
- 1
- Est. −$315.0K
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard Morningstar Total Stock Market ETF9229087695.0%$10.3M
- Invesco QQQ Trust Series I46090E1034.3%$8.71M
- GLDSPDR Gold Trust
- iShares Tr46434V8783.8%$7.75M
- Vanguard Intermediate-Term Bond ETF9219378193.8%$7.73M
Share of portfolio
Top 5 holdings and the other 116 positions, by share of portfolio value
- Vanguard Morningstar Total Stock Market ETF5.0%
- Invesco QQQ Trust Series I4.3%
- GLD4.0%
- iShares Tr3.8%
- Vanguard Intermediate-Term Bond ETF3.8%
- Other 116 positions79.1%
Biggest buys
New and added positions, by estimated amount bought
- Vanguard Morningstar Total Stock Market ETF922908769+$3.43MAdded
- State Street SPDR Portfolio S&P 500 Value ETF78464A508+$2.28MNew
- Vanguard Short-Term Bond ETF921937827+$1.73MAdded
- State Street SPDR Portfolio S&P 500 Growth ETF78464A409+$1.41MAdded
- State Street SPDR Portfolio Developed World Ex-US ETF78463X889+$1.37MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Vanguard Morningstar Total Stock Market ETF922908769+1.54 pp3.5% → 5.0%
- State Street SPDR Portfolio S&P 500 Value ETF78464A508+1.11 pp0.0% → 1.1%
- State Street SPDR Portfolio S&P 500 Growth ETF78464A409+0.69 pp0.1% → 0.8%
- State Street SPDR Portfolio Developed World Ex-US ETF78463X889+0.65 pp0.3% → 1.0%
- Vanguard Total Bond Market ETF921937835+0.60 pp0.0% → 0.6%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- GLDSPDR Gold Trust
- Vanguard Intermediate-Term Bond ETF921937819−0.40 pp4.2% → 3.8%
- PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833−0.26 pp0.6% → 0.3%
- SPDR Series Trust78464A763−0.25 pp2.6% → 2.4%
- Vanguard Dividend Appreciation ETF921908844−0.24 pp3.6% → 3.4%
Metrics
13F metrics for Q2 2021, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $204.3M
- +$22.2M (+12.2%) vs. prior quarter
- Positions
- 121
- +7 vs. prior quarter
- Top 10 concentration
- 35.1%
- Top 10 as share of value
- Turnover
- 1.8%
- Q2 2021, one quarter
- Average holding period
- 2.0 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 $204.3M (Q2 2021)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2021 | Jul 21, 2021 | 121 | $204.3M | Vanguard Morningstar Total Stock Market ETFInvesco QQQ Trust Series IGLD | vs. Q1 2021 | SEC |
| Q1 2021 | Apr 9, 2021 | 114 | $182.1M | GLDInvesco QQQ Trust Series IVanguard Intermediate-Term Bond ETF | – | SEC |