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Keating Wealth Management LLC

SEC CIK
0001922796
Latest filing
Apr 18, 2024

The latest 13F from Keating Wealth Management LLC covers Q1 2024 (filed Apr 18, 2024): 45 long positions worth $166.6M. The top 10 holdings make up 86.3% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 52.5%. Livermore has 2 filings on Form 13F from this institution, going back to Q4 2023.

What changed in Q1 2024

Share counts compared with Q4 2023: 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
3
Est. +$5.58M
Added
10
Est. +$11.9M
Reduced
5
Est. −$5.18M
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Total Stock Market ETF922908769
    52.5%$87.4M
  2. Vanguard Star FDS921909768
    8.7%$14.4M
  3. JPMorgan Ultra-Short Income ETF46641Q837
    5.7%$9.55M
  4. KRCKilroy Realty Corp
    3.8%$6.36MHistory
  5. Dimensional ETF Trust25434V203
    3.4%$5.62M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Morningstar Total Stock Market ETF922908769
    +$8.25MAdded
  2. Dimensional ETF Trust25434V625
    +$5.15MNew
  3. Vanguard Star FDS921909768
    +$1.16MAdded
  4. Vanguard S&P 500 ETF922908363
    +$1.15MAdded
  5. Dimensional ETF Trust25434V203
    +$1.04MAdded

Largest weight increases

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

  1. Dimensional ETF Trust25434V625
    +3.09 pp0.0% → 3.1%
  2. Vanguard Morningstar Total Stock Market ETF922908769
    +2.66 pp49.8% → 52.5%
  3. Vanguard S&P 500 ETF922908363
    +0.57 pp2.7% → 3.3%
  4. Dimensional ETF Trust25434V203
    +0.38 pp3.0% → 3.4%
  5. Vanguard Intl Equity Index F922042874
    +0.13 pp0.0% → 0.1%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. JPMorgan Ultra-Short Income ETF46641Q837
    −$5.15MReduced
  2. SHELShell plc
    −$11.9KReducedHistory
  3. MGMMGM Resorts International
    −$10.1KReducedHistory
  4. CVXChevron Corp
    −$9.46KReducedHistory
  5. PMPhilip Morris International Inc.
    −$6.23KReducedHistory

Largest weight decreases

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

  1. JPMorgan Ultra-Short Income ETF46641Q837
    −4.36 pp10.1% → 5.7%
  2. PMPhilip Morris International Inc.
    −0.12 pp0.8% → 0.6%History
  3. CVXChevron Corp
    −0.09 pp1.0% → 0.9%History
  4. MGMMGM Resorts International
    −0.04 pp0.4% → 0.3%History
  5. SHELShell plc
    −0.03 pp0.2% → 0.2%History

Metrics

13F metrics for Q1 2024, computed only from the numbers in the filings. Definitions below.

Portfolio value
$166.6M
+$21.5M (+14.9%) vs. prior quarter
Positions
45
+3 vs. prior quarter
Top 10 concentration
86.3%
Top 10 as share of value
Turnover
3.3%
Q1 2024, 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 2023), so positions held before then are understated.

13F filings by quarter

2 quarters, going back to Q4 2023. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $166.6M (Q1 2024)

Q4 2023: $145.0MQ1 2024: $166.6M
Q4 2023Q1 2024
13F filings of Keating Wealth Management LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q1 2024Apr 18, 202445$166.6MVanguard Morningstar Total Stock Market ETFVanguard Star FDSJPMorgan Ultra-Short Income ETFvs. Q4 2023SEC
Q4 2023Jan 12, 202442$145.0MVanguard Morningstar Total Stock Market ETFJPMorgan Ultra-Short Income ETFVanguard Star FDS–SEC