Axiom Advisory, LLC
- SEC CIK
- 0001910475
- Latest filing
- Oct 7, 2024
The latest 13F from Axiom Advisory, LLC covers Q3 2024 (filed Oct 7, 2024): 291 long positions worth $10.7B. The top 10 holdings make up 77.6% of the portfolio, and the largest is Vanguard Morningstar Growth ETF at 25.2%. Livermore has 12 filings on Form 13F from this institution, going back to Q4 2021.
What changed in Q3 2024
Share counts compared with Q2 2024: 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
- 18
- Est. +$11.6M
- Added
- 243
- Est. +$1.33B
- Reduced
- 29
- Est. −$141.0M
- Sold out
- 13
- Est. −$31.7M
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard Morningstar Growth ETF92290873625.2%$2.70B
- Vanguard Total Bond Market ETF92193783519.3%$2.07B
- Vanguard Morningstar Mid-Cap Growth ETF9229085386.7%$722.2M
- Vanguard Morningstar Value ETF9229087445.9%$636.2M
- iShares Tr4642888855.3%$562.6M
Biggest buys
New and added positions, by estimated amount bought
- Vanguard Total Bond Market ETF921937835+$354.9MAdded
- Vanguard Morningstar Growth ETF922908736+$228.6MAdded
- NVDANVIDIA Corp
- Vanguard Morningstar Mid-Cap Growth ETF922908538+$72.7MAdded
- Vanguard Morningstar Value ETF922908744+$67.0MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Vanguard BD Index FDS92203C303−$46.5MReduced
- Vanguard Short-Term Bond ETF921937827−$31.1MReduced
- Vanguard Scottsdale FDS92206C409−$27.0MReduced
- INTUIntuit Inc.
- Northern LTS FD Tr IV66538H591−$17.8MSold out
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Vanguard BD Index FDS92203C303−0.63 pp1.4% → 0.8%
- Vanguard Short-Term Bond ETF921937827−0.42 pp1.0% → 0.6%
- Vanguard Scottsdale FDS92206C409−0.34 pp0.7% → 0.4%
- INTUIntuit Inc.
- Northern LTS FD Tr IV66538H591−0.19 pp0.2% → 0.0%
Metrics
13F metrics for Q3 2024, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $10.7B
- +$1.52B (+16.6%) vs. prior quarter
- Positions
- 291
- +5 vs. prior quarter
- Top 10 concentration
- 77.6%
- Top 10 as share of value
- Turnover
- 1.7%
- Q3 2024, one quarter
- Average holding period
- 11.2 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
12 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $10.7B (Q3 2024)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q3 2024 | Oct 7, 2024 | 291 | $10.7B | Vanguard Morningstar Growth ETFVanguard Total Bond Market ETFVanguard Morningstar Mid-Cap Growth ETF | vs. Q2 2024 | SEC |
| Q2 2024 | Aug 13, 2024 | 286 | $9.18B | Vanguard Morningstar Growth ETFVanguard Total Bond Market ETFVanguard Morningstar Mid-Cap Growth ETF | vs. Q1 2024 | SEC |
| Q1 2024 | Apr 12, 2024 | 36 | $135.9M | Vanguard Morningstar Growth ETFVanguard Total Bond Market ETFVanguard Morningstar Mid-Cap Growth ETF | vs. Q4 2023 | SEC |
| Q4 2023 | Jan 30, 2024 | 37 | $124.3M | Vanguard Morningstar Growth ETFVanguard Total Bond Market ETFVanguard Morningstar Mid-Cap Growth ETF | vs. Q3 2023 | SEC |
| Q3 2023 | Nov 14, 2023 | 34 | $111.1M | Vanguard Morningstar Growth ETFVanguard Total Bond Market ETFVanguard Morningstar Mid-Cap Growth ETF | vs. Q2 2023 | SEC |
| Q2 2023 | Aug 8, 2023 | 35 | $113.0M | Vanguard Morningstar Growth ETFVanguard Total Bond Market ETFVanguard Morningstar Mid-Cap Growth ETF | vs. Q1 2023 | SEC |
| Q1 2023 | Apr 24, 2023 | 30 | $104.5M | Vanguard Morningstar Growth ETFVanguard Total Bond Market ETFVanguard Morningstar Mid-Cap Growth ETF | vs. Q4 2022 | SEC |
| Q4 2022 | Feb 8, 2023 | 26 | $94.5M | Vanguard Morningstar Growth ETFVanguard Total Bond Market ETFVanguard Morningstar Mid-Cap Growth ETF | vs. Q3 2022 | SEC |
| Q3 2022 | Oct 14, 2022 | 26 | $84.1M | Vanguard Total Bond Market ETFVanguard Morningstar Growth ETFVanguard Morningstar Value ETF | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 10, 2022 | 28 | $90.2M | Vanguard Total Bond Market ETFVanguard Morningstar Growth ETFVanguard Morningstar Value ETF | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 26, 2022 | 32 | $120.3M | Vanguard Morningstar Growth ETFVanguard Total Bond Market ETFVanguard Morningstar Value ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Feb 11, 2022 | 32 | $121.8M | Vanguard Morningstar Growth ETFVanguard Total Bond Market ETFVanguard Morningstar Mid-Cap Growth ETF | – | SEC |