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Livermore
Livermore
ZHEN

American Portfolios Advisors

SEC CIK
0001961150
Latest filing
Mar 17, 2023

The latest 13F from American Portfolios Advisors covers Q3 2022 (filed Mar 17, 2023): 3,524 long positions worth $2.36B. The top 10 holdings make up 20.2% of the portfolio, and the largest is Apple Inc. (AAPL) at 4.7%. Livermore has 7 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q3 2022

Share counts compared with Q2 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
126
Est. +$9.30M
Added
894
Est. +$222.0M
Reduced
1223
Est. −$172.6M
Sold out
121
Est. −$12.1M

Top 5 holdings

Share of this quarter's portfolio value

  1. AAPLApple Inc.
    4.7%$111.4MHistory
  2. iShares Core S&P 500 ETF464287200
    2.3%$54.5M
  3. First Tr Exchng Traded FD VI33740F771
    2.3%$53.6M
  4. Vanguard Morningstar Value ETF922908744
    1.9%$44.2M
  5. MSFTMicrosoft Corp
    1.9%$44.1MHistory

Share of portfolio

Top 5 holdings and the other 3,519 positions, by share of portfolio value

  1. AAPL4.7%
  2. iShares Core S&P 500 ETF2.3%
  3. First Tr Exchng Traded FD VI2.3%
  4. Vanguard Morningstar Value ETF1.9%
  5. MSFT1.9%
  6. Other 3,519 positions86.9%

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Core S&P 500 ETF464287200
    +$15.9MAdded
  2. iShares Trust iShares 0-1 Year Treasury Bond ETF464288679
    +$11.4MAdded
  3. iShares Russell 1000 Growth ETF464287614
    +$10.2MAdded
  4. iShares Russell 1000 Value ETF464287598
    +$9.52MAdded
  5. iShares Core S&P Small Cap ETF464287804
    +$8.89MAdded

Largest weight increases

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

  1. iShares Core S&P 500 ETF464287200
    +0.63 pp1.7% → 2.3%
  2. iShares Trust iShares 0-1 Year Treasury Bond ETF464288679
    +0.50 pp0.5% → 1.0%
  3. iShares Russell 1000 Growth ETF464287614
    +0.43 pp0.1% → 0.6%
  4. iShares Russell 1000 Value ETF464287598
    +0.40 pp<0.1% → 0.4%
  5. iShares Core S&P Small Cap ETF464287804
    +0.37 pp0.3% → 0.7%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Tr464287150
    −$16.3MReduced
  2. PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833
    −$4.83MReduced
  3. Kraneshares Tr500767736
    −$4.61MReduced
  4. iShares Tr464288158
    −$4.41MReduced
  5. iShares Core High Dividend ETF46429B663
    −$4.27MReduced

Largest weight decreases

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

  1. iShares Tr464287150
    −0.71 pp1.0% → 0.3%
  2. Kraneshares Tr500767736
    −0.24 pp0.4% → 0.2%
  3. NVDANVIDIA Corp
    −0.22 pp1.2% → 0.9%History
  4. iShares Core High Dividend ETF46429B663
    −0.20 pp0.3% → 0.1%
  5. PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833
    −0.19 pp0.6% → 0.5%

Metrics

13F metrics for Q3 2022, computed only from the numbers in the filings. Definitions below.

Portfolio value
$2.36B
−$74.5M (−3.1%) vs. prior quarter
Positions
3,524
+5 vs. prior quarter
Top 10 concentration
20.2%
Top 10 as share of value
Turnover
7.7%
Q3 2022, one quarter
Average holding period
6.9 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 (Q1 2021), so positions held before then are understated.

13F filings by quarter

7 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $2.96B (Q4 2021)

Q1 2021: $2.29BQ2 2021: $2.58BQ3 2021: $2.67BQ4 2021: $2.96BQ1 2022: $2.93BQ2 2022: $2.43BQ3 2022: $2.36B
Q1 2021Q3 2022
13F filings of American Portfolios Advisors by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2022Mar 17, 20233,524$2.36BAAPLiShares Core S&P 500 ETFFirst Tr Exchng Traded FD VIvs. Q2 2022SEC
Q2 2022Mar 20, 20233,519$2.43BAAPLFirst Tr Exchng Traded FD VIVanguard Morningstar Value ETFvs. Q1 2022SEC
Q1 2022Mar 21, 20233,575$2.93BAAPLFirst Tr Exchng Traded FD VIVanguard Morningstar Value ETFvs. Q4 2021SEC
Q4 2021Mar 21, 20233,498$2.96BAAPLFirst Tr Exchng Traded FD VIiShares Core S&P 500 ETFvs. Q3 2021SEC
Q3 2021Mar 22, 20233,456$2.67BAAPLFirst Tr Exchng Traded FD VIARK Innovation ETFvs. Q2 2021SEC
Q2 2021Mar 22, 20233,388$2.58BAAPLARK Innovation ETFFirst Tr Exchng Traded FD VIvs. Q1 2021SEC
Q1 2021Mar 22, 20233,268$2.29BAAPLFirst Tr Exchng Traded FD VIARK Innovation ETF–SEC