Bivin & Associates, Inc.
- SEC CIK
- 0001911156
- Latest filing
- Aug 11, 2022
The latest 13F from Bivin & Associates, Inc. covers Q2 2022 (filed Aug 11, 2022): 328 long positions worth $93.1M. The top 10 holdings make up 54.1% of the portfolio, and the largest is iShares Tr at 9.7%. Livermore has 3 filings on Form 13F from this institution, going back to Q4 2021.
What changed in Q2 2022
Share counts compared with Q1 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.
- New
- 37
- Est. +$4.74M
- Added
- 37
- Est. +$7.03M
- Reduced
- 65
- Est. −$17.6M
- Sold out
- 55
- Est. −$441.0K
Top 5 holdings
Share of this quarter's portfolio value
- iShares Tr46434V6139.7%$8.99M
- Ssga Active ETF Tr78467V6089.3%$8.63M
- Vanguard Ftse All-World Ex-US Index Fund9220427757.7%$7.16M
- Pacer Trendpilot US Bond ETF69374H6424.8%$4.49M
- Vanguard Short-Term Bond ETF9219378274.5%$4.23M
Share of portfolio
Top 5 holdings and the other 323 positions, by share of portfolio value
- iShares Tr9.7%
- Ssga Active ETF Tr9.3%
- Vanguard Ftse All-World Ex-US Index Fund7.7%
- Pacer Trendpilot US Bond ETF4.8%
- Vanguard Short-Term Bond ETF4.5%
- Other 323 positions64.0%
Biggest buys
New and added positions, by estimated amount bought
- iShares Tr46429B655+$3.83MNew
- State Street Financial Select Sector SPDR ETF81369Y605+$2.37MAdded
- iShares Tr46434V613+$1.69MAdded
- Ssga Active ETF Tr78467V608+$1.41MAdded
- WBDWarner Bros. Discovery, Inc.
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- iShares Tr46429B655+4.11 pp0.0% → 4.1%
- iShares Tr46434V613+2.60 pp7.1% → 9.7%
- State Street Financial Select Sector SPDR ETF81369Y605+2.54 pp<0.1% → 2.5%
- Ssga Active ETF Tr78467V608+2.16 pp7.1% → 9.3%
- Direxion Shs ETF Tr25460E307+0.91 pp2.9% → 3.8%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Pacer Trendpilot US Bond ETF69374H642−$4.05MReduced
- ProShares Tr74347B607−$3.94MReduced
- Vanguard Short-Term Bond ETF921937827−$2.17MReduced
- SPDR Series Trust78464A284−$1.20MReduced
- iShares Tr464288414−$1.12MReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Pacer Trendpilot US Bond ETF69374H642−3.98 pp8.8% → 4.8%
- ProShares Tr74347B607−3.70 pp3.7% → <0.1%
- Vanguard Short-Term Bond ETF921937827−1.38 pp5.9% → 4.5%
- Columbia ETF Tr I19761L508−0.99 pp1.0% → <0.1%
- SPDR Series Trust78464A284−0.99 pp3.1% → 2.1%
Metrics
13F metrics for Q2 2022, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $93.1M
- −$16.5M (−15.1%) vs. prior quarter
- Positions
- 328
- −18 vs. prior quarter
- Top 10 concentration
- 54.1%
- Top 10 as share of value
- Turnover
- 11.6%
- Q2 2022, one quarter
- Average holding period
- 2.9 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
3 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $114.6M (Q4 2021)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2022 | Aug 11, 2022 | 328 | $93.1M | iShares TrSsga Active ETF TrVanguard Ftse All-World Ex-US Index Fund | vs. Q1 2022 | SEC |
| Q1 2022 | May 6, 2022 | 346 | $109.6M | Pacer Trendpilot US Bond ETFVanguard Ftse All-World Ex-US Index FundSsga Active ETF Tr | vs. Q4 2021 | SEC |
| Q4 2021 | Feb 14, 2022 | 412 | $114.6M | Pacer Trendpilot US Bond ETFiShares TrVanguard Ftse All-World Ex-US Index Fund | – | SEC |