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Livermore
Livermore
ZHEN

S.C. Financial Services, Inc.

SEC CIK
0001906806
Latest filing
Jan 20, 2023

The latest 13F from S.C. Financial Services, Inc. covers Q4 2022 (filed Jan 20, 2023): 118 long positions worth $65.0M. The top 10 holdings make up 29.3% of the portfolio, and the largest is Apple Inc. (AAPL) at 4.6%. Livermore has 6 filings on Form 13F from this institution, going back to Q4 2021.

What changed in Q4 2022

Share counts compared with Q3 2022: 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
27
Est. +$6.40M
Added
61
Est. +$4.45M
Reduced
24
Est. −$3.44M
Sold out
18
Est. −$9.40M

Top 5 holdings

Share of this quarter's portfolio value

  1. AAPLApple Inc.
    4.6%$2.98MHistory
  2. iShares Core S&P 500 ETF464287200
    4.0%$2.58M
  3. MSFTMicrosoft Corp
    3.3%$2.15MHistory
  4. JNJJohnson & Johnson
    3.2%$2.05MHistory
  5. ABBVAbbVie Inc.
    3.0%$1.96MHistory

Share of portfolio

Top 5 holdings and the other 113 positions, by share of portfolio value

  1. AAPL4.6%
  2. iShares Core S&P 500 ETF4.0%
  3. MSFT3.3%
  4. JNJ3.2%
  5. ABBV3.0%
  6. Other 113 positions82.0%

Biggest buys

New and added positions, by estimated amount bought

  1. Invesco Exch TRD SLF Idx FD46138J494
    +$563.5KNew
  2. State Street Health Care Select Sector SPDR ETF81369Y209
    +$378.5KNew
  3. First Tr Exchng Traded FD VI33740F805
    +$350.1KAdded
  4. First Tr Exchng Traded FD VI33740U760
    +$339.2KAdded
  5. First Tr Exchng Traded FD VI33740U778
    +$285.5KAdded

Largest weight increases

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

  1. Invesco Exch TRD SLF Idx FD46138J494
    +0.87 pp0.0% → 0.9%
  2. State Street Health Care Select Sector SPDR ETF81369Y209
    +0.58 pp0.0% → 0.6%
  3. XOMExxonMobil Holdings Corp
    +0.56 pp1.6% → 2.2%History
  4. First Tr Exchng Traded FD VI33740U760
    +0.50 pp1.6% → 2.1%
  5. First Tr Exchng Traded FD VI33740F805
    +0.49 pp2.0% → 2.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. ACNAccenture plc
    −$3.52MSold outHistory
  2. iShares Tr46435G425
    −$741.1KReduced
  3. ETF Ser Solutions26922A388
    −$661.4KReduced
  4. iShares Tr464288414
    −$566.0KSold out
  5. iShares U.S. Treasury Bond ETF46429B267
    −$556.0KSold out

Largest weight decreases

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

  1. ACNAccenture plc
    −5.58 pp5.6% → 0.0%History
  2. ETF Ser Solutions26922A388
    −1.05 pp1.4% → 0.4%
  3. iShares Tr46435G425
    −1.02 pp3.4% → 2.3%
  4. iShares Tr464288414
    −0.90 pp0.9% → 0.0%
  5. iShares U.S. Treasury Bond ETF46429B267
    −0.88 pp0.9% → 0.0%

Metrics

13F metrics for Q4 2022, computed only from the numbers in the filings. Definitions below.

Portfolio value
$65.0M
+$2.01M (+3.2%) vs. prior quarter
Positions
118
+9 vs. prior quarter
Top 10 concentration
29.3%
Top 10 as share of value
Turnover
16.9%
Q4 2022, one quarter
Average holding period
4.2 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

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

Peak $87.0M (Q4 2021)

Q4 2021: $87.0MQ1 2022: $77.9MQ2 2022: $65.1MQ3 2022: $63.0MQ4 2022: $65.0M
Q4 2021Q4 2022
13F filings of S.C. Financial Services, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q4 2022Jan 20, 2023Amended118$65.0MAAPLiShares Core S&P 500 ETFMSFTvs. Q3 2022SEC
Q3 2022Oct 17, 2022109$63.0MACNAAPLiShares Core S&P 500 ETFvs. Q2 2022SEC
Q2 2022Jul 11, 2022117$65.1MiShares Core S&P 500 ETFAAPLiShares Trvs. Q1 2022SEC
Q1 2022May 4, 2022121$77.9MiShares Core S&P 500 ETFAAPLiShares Trvs. Q4 2021SEC
Q4 2021Jan 26, 2022125$87.0MACNAAPLiShares Core S&P 500 ETF–SEC