Cassaday & Co Inc.
- SEC CIK
- 0001900497
- Latest filing
- Feb 15, 2022
The latest 13F from Cassaday & Co Inc. covers Q4 2021 (filed Feb 15, 2022): 34 long positions worth $1.06B. The top 10 holdings make up 97.8% of the portfolio, and the largest is Vanguard World FD at 51.2%. 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
- 0
- Added
- 21
- Est. +$58.3M
- Reduced
- 5
- Est. −$233.6K
- Sold out
- 1
- Est. −$87.0K
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard World FD92191081651.2%$544.7M
- GLDMWorld Gold Trust
- iShares Russell Mid-Cap Value ETF4642874735.9%$62.3M
- iShares Russell 1000 Value ETF4642875984.0%$42.9M
- iShares Russell Mid-Cap Growth ETF4642874814.0%$42.1M
Share of portfolio
Top 5 holdings and the other 29 positions, by share of portfolio value
- Vanguard World FD51.2%
- GLDM25.9%
- iShares Russell Mid-Cap Value ETF5.9%
- iShares Russell 1000 Value ETF4.0%
- iShares Russell Mid-Cap Growth ETF4.0%
- Other 29 positions9.1%
Biggest buys
New and added positions, by estimated amount bought
- GLDMWorld Gold Trust
- iShares Tr464287234+$8.96MAdded
- Vanguard World FD921910816+$8.62MAdded
- iShares Russell Mid-Cap Growth ETF464287481+$6.94MAdded
- iShares Russell 1000 Value ETF464287598+$6.88MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- iShares Tr464287234+0.53 pp2.1% → 2.6%
- SPDR Index Shs FDS78463X756+0.51 pp0.2% → 0.7%
- iShares Russell 1000 Value ETF464287598+0.44 pp3.6% → 4.0%
- iShares Russell Mid-Cap Growth ETF464287481+0.29 pp3.7% → 4.0%
- iShares Russell 2000 Growth ETF464287648+0.15 pp0.8% → 1.0%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares Russell 1000 Growth ETF464287614−$128.6KReduced
- ProShares Tr74347B201−$87.0KSold out
- iShares Russell Midcap ETF464287499−$54.2KReduced
- State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663−$36.6KReduced
- State Street Energy Select Sector SPDR ETF81369Y506−$11.6KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663−0.03 pp0.2% → 0.2%
- iShares Russell 1000 Growth ETF464287614−0.02 pp0.3% → 0.3%
- iShares Russell Midcap ETF464287499−0.01 pp0.1% → 0.1%
- ProShares Tr74347B201−0.01 pp<0.1% → 0.0%
- State Street Energy Select Sector SPDR ETF81369Y5060.00 pp<0.1% → <0.1%
Metrics
13F metrics for Q4 2021, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $1.06B
- +$130.4M (+14.0%) vs. prior quarter
- Positions
- 34
- −1 vs. prior quarter
- Top 10 concentration
- 97.8%
- Top 10 as share of value
- Turnover
- <0.1%
- Q4 2021, one quarter
- Average holding period
- 4.0 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
4 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $1.06B (Q4 2021)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q4 2021 | Feb 15, 2022 | 34 | $1.06B | Vanguard World FDGLDMiShares Russell Mid-Cap Value ETF | vs. Q3 2021 | SEC |
| Q3 2021 | Feb 16, 2022 | 35 | $933.4M | Vanguard World FDGLDMiShares Russell Mid-Cap Value ETF | vs. Q2 2021 | SEC |
| Q2 2021 | Feb 16, 2022 | 35 | $874.2M | Vanguard World FDGLDMiShares Russell Mid-Cap Value ETF | vs. Q1 2021 | SEC |
| Q1 2021 | Feb 16, 2022 | 35 | $786.3M | Vanguard World FDGLDMiShares Russell Mid-Cap Value ETF | – | SEC |