Skip to main content
Livermore
Livermore
ZHEN

Dixon Hughes Goodman Wealth Advisors LLC

SEC CIK
0001906545
Latest filing
Apr 4, 2022

The latest 13F from Dixon Hughes Goodman Wealth Advisors LLC covers Q1 2022 (filed Apr 4, 2022): 1,030 long positions worth $348.6M. The top 10 holdings make up 52.9% of the portfolio, and the largest is Dimensional U.S. Core Equity 2 ETF at 12.9%. Livermore has 2 filings on Form 13F from this institution, going back to Q4 2021.

What changed in Q1 2022

Share counts compared with Q4 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.

Full comparison
New
246
Est. +$6.92M
Added
295
Est. +$49.6M
Reduced
133
Est. −$6.63M
Sold out
90
Est. −$545.0K

Top 5 holdings

Share of this quarter's portfolio value

  1. Dimensional U.S. Core Equity 2 ETF25434V708
    12.9%$45.1M
  2. Dimensional U.S. Targeted Value ETF25434V609
    10.7%$37.2M
  3. Dimensional U.S. Small Cap ETF25434V500
    8.5%$29.5M
  4. Dimensional ETF Trust25434V807
    6.3%$22.0M
  5. Vanguard Morningstar Value ETF922908744
    4.6%$16.2M

Share of portfolio

Top 5 holdings and the other 1,025 positions, by share of portfolio value

  1. Dimensional U.S. Core Equity 2 ETF12.9%
  2. Dimensional U.S. Targeted Value ETF10.7%
  3. Dimensional U.S. Small Cap ETF8.5%
  4. Dimensional ETF Trust6.3%
  5. Vanguard Morningstar Value ETF4.6%
  6. Other 1,025 positions57.0%

Biggest buys

New and added positions, by estimated amount bought

  1. Innovator ETFs Trust45782C870
    +$6.05MAdded
  2. Vanguard Morningstar Value ETF922908744
    +$4.12MAdded
  3. Innovator ETFs Trust45782C417
    +$2.10MAdded
  4. Vanguard Scottsdale FDS92206C409
    +$2.06MAdded
  5. Innovator ETFs Trust45782C367
    +$2.01MAdded

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Innovator ETFs Trust45782C870
    +1.69 pp0.4% → 2.1%
  2. Vanguard Morningstar Value ETF922908744
    +0.73 pp3.9% → 4.6%
  3. Innovator ETFs Trust45782C417
    +0.60 pp<0.1% → 0.6%
  4. Innovator ETFs Trust45782C367
    +0.55 pp0.2% → 0.7%
  5. Dimensional ETF Trust25434V104
    +0.53 pp<0.1% → 0.6%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. TSLATesla, Inc.
    −$961.1KReducedHistory
  2. Vanguard BD Index FDS92203C303
    −$830.4KReduced
  3. OXYOccidental Petroleum Corp
    −$827.0KReducedHistory
  4. Dimensional U.S. Small Cap ETF25434V500
    −$459.1KReduced
  5. Innovator ETFs Trust45782C540
    −$321.0KReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. Dimensional U.S. Small Cap ETF25434V500
    −1.99 pp10.5% → 8.5%
  2. Dimensional U.S. Targeted Value ETF25434V609
    −1.70 pp12.4% → 10.7%
  3. Dimensional ETF Trust25434V807
    −0.79 pp7.1% → 6.3%
  4. Vanguard BD Index FDS92203C303
    −0.44 pp1.6% → 1.1%
  5. SPYSPDR S&P 500 ETF Trust
    −0.35 pp1.6% → 1.3%History

Metrics

13F metrics for Q1 2022, computed only from the numbers in the filings. Definitions below.

Portfolio value
$348.6M
+$41.7M (+13.6%) vs. prior quarter
Positions
1,030
+156 vs. prior quarter
Top 10 concentration
52.9%
Top 10 as share of value
Turnover
2.2%
Q1 2022, 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 (Q4 2021), so positions held before then are understated.

13F filings by quarter

2 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $348.6M (Q1 2022)

Q4 2021: $306.9MQ1 2022: $348.6M
Q4 2021Q1 2022
13F filings of Dixon Hughes Goodman Wealth Advisors LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q1 2022Apr 4, 20221,030$348.6MDimensional U.S. Core Equity 2 ETFDimensional U.S. Targeted Value ETFDimensional U.S. Small Cap ETFvs. Q4 2021SEC
Q4 2021Feb 1, 2022874$306.9MDimensional U.S. Core Equity 2 ETFDimensional U.S. Targeted Value ETFDimensional U.S. Small Cap ETF–SEC