Family Asset Management, LLC
- SEC CIK
- 0001961278
- Latest filing
- Oct 30, 2024
The latest 13F from Family Asset Management, LLC covers Q3 2024 (filed Oct 30, 2024): 209 long positions worth $166.2M. The top 10 holdings make up 44.4% of the portfolio, and the largest is Schwab U.S. Large-Cap Growth ETF at 11.7%. Livermore has 8 filings on Form 13F from this institution, going back to Q4 2022.
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
- 9
- Est. +$2.64M
- Added
- 31
- Est. +$12.4M
- Reduced
- 100
- Est. −$10.5M
- Sold out
- 10
- Est. −$1.57M
Top 5 holdings
Share of this quarter's portfolio value
- Schwab U.S. Large-Cap Growth ETF80852430011.7%$19.5M
- iShares MSCI USA Quality Factor ETF46432F3396.2%$10.3M
- iShares Core MSCI Eafe ETF46432F8425.7%$9.51M
- iShares S&P 500 Growth ETF4642873094.2%$6.94M
- iShares Core Dividend Growth ETF46434V6214.0%$6.57M
Share of portfolio
Top 5 holdings and the other 204 positions, by share of portfolio value
- Schwab U.S. Large-Cap Growth ETF11.7%
- iShares MSCI USA Quality Factor ETF6.2%
- iShares Core MSCI Eafe ETF5.7%
- iShares S&P 500 Growth ETF4.2%
- iShares Core Dividend Growth ETF4.0%
- Other 204 positions68.3%
Biggest buys
New and added positions, by estimated amount bought
- State Street Financial Select Sector SPDR ETF81369Y605+$2.31MAdded
- iShares Core Dividend Growth ETF46434V621+$1.81MAdded
- iShares Tr464288588+$1.76MAdded
- iShares Core MSCI Europe ETF46434V738+$1.53MAdded
- Fidelity Merrimack STR Tr316188408+$1.24MNew
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- State Street Financial Select Sector SPDR ETF81369Y605+1.41 pp0.5% → 1.9%
- iShares Core Dividend Growth ETF46434V621+1.13 pp2.8% → 4.0%
- iShares Tr464288588+1.03 pp1.3% → 2.3%
- iShares Core MSCI Europe ETF46434V738+0.92 pp1.0% → 1.9%
- Fidelity Merrimack STR Tr316188408+0.75 pp0.0% → 0.7%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Invesco Exchange Traded FD T46137V431−$3.46MReduced
- HESHess Corp
- iShares Flexible Income Active ETF092528603−$1.01MReduced
- iShares Core MSCI Eafe ETF46432F842−$855.9KReduced
- State Street SPDR S&P Aerospace & Defense ETF78464A631−$599.8KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Invesco Exchange Traded FD T46137V431−2.23 pp3.2% → 0.9%
- HESHess Corp
- iShares Flexible Income Active ETF092528603−0.71 pp2.5% → 1.8%
- iShares Core MSCI Eafe ETF46432F842−0.49 pp6.2% → 5.7%
- iShares Inc46434G822−0.36 pp0.6% → 0.2%
Metrics
13F metrics for Q3 2024, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $166.2M
- +$10.8M (+7.0%) vs. prior quarter
- Positions
- 209
- −1 vs. prior quarter
- Top 10 concentration
- 44.4%
- Top 10 as share of value
- Turnover
- 7.5%
- Q3 2024, one quarter
- Average holding period
- 7.4 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 2022), so positions held before then are understated.
13F filings by quarter
8 quarters, going back to Q4 2022. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $166.2M (Q3 2024)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q3 2024 | Oct 30, 2024 | 209 | $166.2M | Schwab U.S. Large-Cap Growth ETFiShares MSCI USA Quality Factor ETFiShares Core MSCI Eafe ETF | vs. Q2 2024 | SEC |
| Q2 2024 | Aug 1, 2024 | 210 | $155.4M | Schwab U.S. Large-Cap Growth ETFiShares Core MSCI Eafe ETFiShares MSCI USA Quality Factor ETF | vs. Q1 2024 | SEC |
| Q1 2024 | May 14, 2024 | 188 | $159.7M | Schwab U.S. Large-Cap Growth ETFiShares Core MSCI Eafe ETFJ P Morgan Exchange Traded F | vs. Q4 2023 | SEC |
| Q4 2023 | Feb 6, 2024 | 185 | $149.4M | Schwab U.S. Large-Cap Growth ETFiShares Core MSCI Eafe ETFJ P Morgan Exchange Traded F | vs. Q3 2023 | SEC |
| Q3 2023 | Nov 2, 2023 | 182 | $135.6M | Schwab U.S. Large-Cap Growth ETFJ P Morgan Exchange Traded FiShares Core MSCI Eafe ETF | vs. Q2 2023 | SEC |
| Q2 2023 | Jul 27, 2023 | 186 | $148.0M | Schwab U.S. Large-Cap Growth ETFJ P Morgan Exchange Traded FiShares Core MSCI Eafe ETF | vs. Q1 2023 | SEC |
| Q1 2023 | May 3, 2023 | 178 | $136.8M | Schwab U.S. Large-Cap Growth ETFJPMorgan Ultra-Short Income ETFiShares Core MSCI Eafe ETF | vs. Q4 2022 | SEC |
| Q4 2022 | Jan 18, 2023 | 164 | $120.4M | JPMorgan Ultra-Short Income ETFSchwab U.S. Large-Cap Growth ETFVanguard Long-Term Treasury ETF | – | SEC |