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Resolute Financial, LLC

SEC CIK
0001908859
Latest filing
Feb 13, 2023

The latest 13F from Resolute Financial, LLC covers Q4 2022 (filed Feb 13, 2023): 111 long positions worth $117.6M. The top 10 holdings make up 44.6% of the portfolio, and the largest is iShares Core S&P 500 ETF at 9.5%. Livermore has 5 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
16
Est. +$5.04M
Added
48
Est. +$6.46M
Reduced
44
Est. −$3.74M
Sold out
7
Est. −$2.70M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P 500 ETF464287200
    9.5%$11.2M
  2. iShares Core S&P Mid-Cap ETF464287507
    8.7%$10.3M
  3. iShares Tr464288646
    6.8%$8.02M
  4. iShares MSCI USA Min Vol Factor ETF46429B697
    4.9%$5.81M
  5. BRK.BBerkshire Hathaway Inc
    3.3%$3.86MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Morningstar Value ETF922908744
    +$1.12MAdded
  2. Vanguard Morningstar Growth ETF922908736
    +$1.02MAdded
  3. Vanguard Whitehall FDS921946810
    +$857.5KNew
  4. iShares Tr46434V878
    +$836.3KAdded
  5. Dimensional ETF Trust25434V807
    +$658.6KNew

Largest weight increases

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

  1. Vanguard Morningstar Value ETF922908744
    +0.97 pp0.6% → 1.6%
  2. Vanguard Morningstar Growth ETF922908736
    +0.83 pp0.4% → 1.2%
  3. Vanguard Whitehall FDS921946810
    +0.73 pp0.0% → 0.7%
  4. Dimensional ETF Trust25434V807
    +0.56 pp0.0% → 0.6%
  5. iShares Tr46434V878
    +0.55 pp1.5% → 2.1%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Invesco Exch TRD SLF Idx FD46138J882
    −$1.07MSold out
  2. iShares Tr464288802
    −$538.5KReduced
  3. DIASPDR Dow Jones Industrial Average ETF Trust
    −$386.0KSold outHistory
  4. DBX ETF Tr233051143
    −$370.0KSold out
  5. iShares Core High Dividend ETF46429B663
    −$295.0KSold out

Largest weight decreases

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

  1. Invesco Exch TRD SLF Idx FD46138J882
    −1.01 pp1.0% → 0.0%
  2. iShares Tr464288646
    −0.80 pp7.6% → 6.8%
  3. iShares Tr46429B747
    −0.51 pp2.8% → 2.3%
  4. iShares Tr464288802
    −0.50 pp1.6% → 1.1%
  5. iShares Core S&P 500 ETF464287200
    −0.49 pp10.0% → 9.5%

Metrics

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

Portfolio value
$117.6M
+$12.2M (+11.6%) vs. prior quarter
Positions
111
+9 vs. prior quarter
Top 10 concentration
44.6%
Top 10 as share of value
Turnover
5.8%
Q4 2022, one quarter
Average holding period
4.6 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 (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 $133.8M (Q4 2021)

Q4 2021: $133.8MQ1 2022: $122.9MQ2 2022: $115.1MQ3 2022: $105.4MQ4 2022: $117.6M
Q4 2021Q4 2022
13F filings of Resolute Financial, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q4 2022Feb 13, 2023111$117.6MiShares Core S&P 500 ETFiShares Core S&P Mid-Cap ETFiShares Trvs. Q3 2022SEC
Q3 2022Nov 14, 2022102$105.4MiShares Core S&P 500 ETFiShares Core S&P Mid-Cap ETFiShares Trvs. Q2 2022SEC
Q2 2022Aug 2, 2022119$115.1MiShares Core S&P 500 ETFiShares Core S&P Mid-Cap ETFiShares Trvs. Q1 2022SEC
Q1 2022Apr 15, 2022113$122.9MiShares Core S&P 500 ETFiShares Core S&P Mid-Cap ETFiShares Trvs. Q4 2021SEC
Q4 2021Feb 15, 2022116$133.8MiShares Core S&P 500 ETFiShares Core S&P Mid-Cap ETFiShares Tr–SEC