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CIC Wealth, LLC

SEC CIK
0001965909
Latest filing
Nov 8, 2024

The latest 13F from CIC Wealth, LLC covers Q3 2024 (filed Nov 8, 2024): 176 long positions worth $387.0M. The top 10 holdings make up 44.9% of the portfolio, and the largest is Vanguard S&P 500 ETF at 13.2%. 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.

Full comparison
New
22
Est. +$5.37M
Added
80
Est. +$9.26M
Reduced
45
Est. −$5.92M
Sold out
6
Est. −$3.74M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard S&P 500 ETF922908363
    13.2%$51.0M
  2. AAPLApple Inc.
    8.1%$31.4MHistory
  3. MSFTMicrosoft Corp
    4.3%$16.8MHistory
  4. NVDANVIDIA Corp
    4.1%$15.9MHistory
  5. Vanguard Morningstar Small-Cap ETF922908751
    3.7%$14.5M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard S&P 500 ETF922908363
    +$2.30MAdded
  2. JPMorgan Nasdaq Equity Premium Income ETF46654Q203
    +$624.9KAdded
  3. AHRAmerican Healthcare REIT, Inc.
    +$523.7KNewHistory
  4. Vanguard Morningstar Growth ETF922908736
    +$405.4KAdded
  5. PANWPalo Alto Networks Inc
    +$398.9KAddedHistory

Largest weight increases

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

  1. Vanguard S&P 500 ETF922908363
    +0.47 pp12.7% → 13.2%
  2. MCDMcDonalds Corp
    +0.21 pp1.7% → 1.9%History
  3. Vanguard Morningstar Small-Cap ETF922908751
    +0.17 pp3.6% → 3.7%
  4. IBMInternational Business Machines Corp
    +0.17 pp0.6% → 0.8%History
  5. iShares Tr464288521
    +0.17 pp1.6% → 1.7%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. SPYSPDR S&P 500 ETF Trust
    −$3.45MReducedHistory
  2. iShares Russell 2000 ETF464287655
    −$2.18MSold out
  3. First Tr Exchange-Traded FD33734X846
    −$455.3KSold out
  4. State Street SPDR Portfolio S&P 500 High Dividend ETF78468R788
    −$393.7KSold out
  5. JPMorgan Ultra-Short Income ETF46641Q837
    −$375.9KReduced

Largest weight decreases

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

  1. SPYSPDR S&P 500 ETF Trust
    −0.91 pp1.8% → 0.9%History
  2. iShares Russell 2000 ETF464287655
    −0.60 pp0.6% → 0.0%
  3. MSFTMicrosoft Corp
    −0.56 pp4.9% → 4.3%History
  4. AMZNAmazon Com Inc
    −0.27 pp2.5% → 2.2%History
  5. GOOGLAlphabet Inc.
    −0.20 pp1.3% → 1.1%History

Metrics

13F metrics for Q3 2024, computed only from the numbers in the filings. Definitions below.

Portfolio value
$387.0M
+$23.7M (+6.5%) vs. prior quarter
Positions
176
+16 vs. prior quarter
Top 10 concentration
44.9%
Top 10 as share of value
Turnover
2.6%
Q3 2024, one quarter
Average holding period
7.7 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 $387.0M (Q3 2024)

Q4 2022: $242.3MQ1 2023: $265.3MQ2 2023: $289.2MQ3 2023: $279.0MQ4 2023: $315.4MQ1 2024: $343.7MQ2 2024: $363.3MQ3 2024: $387.0M
Q4 2022Q3 2024
13F filings of CIC Wealth, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2024Nov 8, 2024176$387.0MVanguard S&P 500 ETFAAPLMSFTvs. Q2 2024SEC
Q2 2024Jul 12, 2024160$363.3MVanguard S&P 500 ETFAAPLMSFTvs. Q1 2024SEC
Q1 2024Apr 15, 2024161$343.7MVanguard S&P 500 ETFAAPLMSFTvs. Q4 2023SEC
Q4 2023Jan 12, 2024160$315.4MVanguard S&P 500 ETFAAPLMSFTvs. Q3 2023SEC
Q3 2023Oct 10, 2023149$279.0MVanguard S&P 500 ETFAAPLMSFTvs. Q2 2023SEC
Q2 2023Jul 19, 2023160$289.2MAAPLVanguard S&P 500 ETFMSFTvs. Q1 2023SEC
Q1 2023May 4, 2023160$265.3MVanguard S&P 500 ETFAAPLMSFTvs. Q4 2022SEC
Q4 2022Feb 15, 2023166$242.3MAAPLVanguard S&P 500 ETFPEP–SEC