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Livermore
Livermore
ZHEN

Solano Wealth Management, Inc.

SEC CIK
0001978905
Latest filing
Jul 30, 2024

The latest 13F from Solano Wealth Management, Inc. covers Q2 2024 (filed Jul 30, 2024): 31 long positions worth $182.6M. The top 10 holdings make up 88.6% of the portfolio, and the largest is Invesco Exch TRD SLF Idx FD at 12.5%. Livermore has 6 filings on Form 13F from this institution, going back to Q1 2023.

What changed in Q2 2024

Share counts compared with Q1 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
2
Est. +$332.4K
Added
14
Est. +$7.00M
Reduced
9
Est. −$2.94M
Sold out
2
Est. −$620.4K

Top 5 holdings

Share of this quarter's portfolio value

  1. Invesco Exch TRD SLF Idx FD46138J619
    12.5%$22.8M
  2. First Trust Rising Dividend Achievers ETF33738R506
    12.0%$21.9M
  3. First Tr Exchange-Traded FD33733E104
    11.5%$21.0M
  4. Invesco Exch TRD SLF Idx FD46138J593
    11.0%$20.1M
  5. Invesco Nasdaq 100 ETF46138G649
    10.5%$19.1M

Biggest buys

New and added positions, by estimated amount bought

  1. Invesco Exch TRD SLF Idx FD46138J593
    +$1.20MAdded
  2. Invesco Nasdaq 100 ETF46138G649
    +$1.11MAdded
  3. SPDR Series Trust78464A805
    +$928.6KAdded
  4. First Tr Exchange-Traded FD33733E104
    +$760.9KAdded
  5. Invesco Exch TRD SLF Idx FD46138J619
    +$659.5KAdded

Largest weight increases

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

  1. Invesco Nasdaq 100 ETF46138G649
    +1.11 pp9.4% → 10.5%
  2. SPDR Series Trust78464A805
    +0.58 pp7.0% → 7.6%
  3. iShares Tr46434V456
    +0.24 pp0.9% → 1.1%
  4. iShares Tr46435G839
    +0.15 pp0.5% → 0.7%
  5. NVDANVIDIA Corp
    +0.14 pp0.0% → 0.1%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Tr464287150
    −$1.29MReduced
  2. SPYSPDR S&P 500 ETF Trust
    −$541.0KReducedHistory
  3. Invesco QQQ Trust Series I46090E103
    −$517.4KReduced
  4. AAPLApple Inc.
    −$368.8KReducedHistory
  5. MSFTMicrosoft Corp
    −$339.5KSold outHistory

Largest weight decreases

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

  1. iShares Tr464287150
    −0.66 pp8.0% → 7.4%
  2. SPYSPDR S&P 500 ETF Trust
    −0.23 pp4.1% → 3.8%History
  3. MSFTMicrosoft Corp
    −0.19 pp0.2% → 0.0%History
  4. Invesco Exch Traded FD Tr II46138E198
    −0.16 pp0.2% → 0.0%
  5. First Tr Exchange-Traded FD33734H106
    −0.09 pp1.3% → 1.2%

Metrics

13F metrics for Q2 2024, computed only from the numbers in the filings. Definitions below.

Portfolio value
$182.6M
+$4.32M (+2.4%) vs. prior quarter
Positions
31
0 vs. prior quarter
Top 10 concentration
88.6%
Top 10 as share of value
Turnover
2.0%
Q2 2024, one quarter
Average holding period
5.7 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 (Q1 2023), so positions held before then are understated.

13F filings by quarter

6 quarters, going back to Q1 2023. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $182.6M (Q2 2024)

Q1 2023: $137.0MQ2 2023: $147.1MQ3 2023: $144.1MQ4 2023: $165.5MQ1 2024: $178.3MQ2 2024: $182.6M
Q1 2023Q2 2024
13F filings of Solano Wealth Management, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2024Jul 30, 202431$182.6MInvesco Exch TRD SLF Idx FDFirst Trust Rising Dividend Achievers ETFFirst Tr Exchange-Traded FDvs. Q1 2024SEC
Q1 2024May 15, 202431$178.3MInvesco Exch TRD SLF Idx FDFirst Trust Rising Dividend Achievers ETFFirst Tr Exchange-Traded FDvs. Q4 2023SEC
Q4 2023Feb 6, 202428$165.5MInvesco Exch TRD SLF Idx FDFirst Tr Exchange-Traded FDInvesco Exch TRD SLF Idx FDvs. Q3 2023SEC
Q3 2023Nov 8, 202325$144.1MInvesco Exch TRD SLF Idx FDFirst Tr Exchange-Traded FDInvesco Exch TRD SLF Idx FDvs. Q2 2023SEC
Q2 2023Aug 11, 202324$147.1MInvesco QQQ Trust Series IInvesco Exch TRD SLF Idx FDFirst Tr Exchange-Traded FDvs. Q1 2023SEC
Q1 2023Jun 14, 202323$137.0MInvesco QQQ Trust Series IInvesco Exch TRD SLF Idx FDFirst Tr Exchange-Traded FD–SEC