Dechtman Wealth Management, LLC
- SEC CIK
- 0001992316
- Latest filing
- Feb 12, 2025
The latest 13F from Dechtman Wealth Management, LLC covers Q4 2024 (filed Feb 12, 2025): 65 long positions worth $517.4M. The top 10 holdings make up 90.6% of the portfolio, and the largest is iShares Core S&P 500 ETF at 21.9%. Livermore has 8 filings on Form 13F from this institution, going back to Q2 2023.
What changed in Q4 2024
Share counts compared with Q3 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
- 3
- Est. +$650.6K
- Added
- 41
- Est. +$68.3M
- Reduced
- 14
- Est. −$24.9M
- Sold out
- 2
- Est. −$23.0M
Top 5 holdings
Share of this quarter's portfolio value
- iShares Core S&P 500 ETF46428720021.9%$113.4M
- Vanguard S&P 500 ETF92290836318.3%$94.9M
- Schwab U.S. Large-Cap Growth ETF80852430012.3%$63.8M
- Capital Group Dividend Value14020W10611.2%$58.1M
- Vanguard Morningstar Mid-Cap ETF9229086296.9%$35.6M
Biggest buys
New and added positions, by estimated amount bought
- PIMCO ETF Tr72201R585+$21.0MAdded
- Vanguard World FD921910840+$20.7MAdded
- Schwab U.S. Large-Cap Growth ETF808524300+$12.3MAddedConverted for a 4-for-1 split
- Vanguard S&P 500 ETF922908363+$10.0MAdded
- Vanguard Morningstar Small-Cap ETF922908751+$2.27MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- PIMCO ETF Tr72201R585+3.96 pp1.3% → 5.2%
- Vanguard World FD921910840+3.90 pp1.3% → 5.2%
- Schwab U.S. Large-Cap Growth ETF808524300+2.48 pp9.9% → 12.3%
- Vanguard S&P 500 ETF922908363+1.33 pp17.0% → 18.3%
- Vanguard Morningstar Small-Cap ETF922908751+0.34 pp2.3% → 2.6%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares Tr46434V456−$22.7MSold out
- Invesco Nasdaq 100 ETF46138G649−$12.4MReduced
- iShares Tr464289446−$8.87MReduced
- Capital Group Dividend Value14020W106−$1.98MReduced
- iShares Core S&P 500 ETF464287200−$755.3KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- iShares Tr46434V456−4.65 pp4.7% → 0.0%
- Invesco Nasdaq 100 ETF46138G649−2.44 pp5.2% → 2.8%
- iShares Tr464289446−1.78 pp2.5% → 0.7%
- Capital Group Dividend Value14020W106−1.48 pp12.7% → 11.2%
- iShares Core S&P 500 ETF464287200−0.97 pp22.9% → 21.9%
Metrics
13F metrics for Q4 2024, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $517.4M
- +$28.8M (+5.9%) vs. prior quarter
- Positions
- 65
- +1 vs. prior quarter
- Top 10 concentration
- 90.6%
- Top 10 as share of value
- Turnover
- 9.5%
- Q4 2024, one quarter
- Average holding period
- 6.1 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 (Q2 2023), so positions held before then are understated.
13F filings by quarter
7 quarters, going back to Q2 2023. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $517.4M (Q4 2024)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q4 2024 | Feb 12, 2025 | 65 | $517.4M | iShares Core S&P 500 ETFVanguard S&P 500 ETFSchwab U.S. Large-Cap Growth ETF | vs. Q3 2024 | SEC |
| Q3 2024 | Oct 31, 2024 | 64 | $488.6M | iShares Core S&P 500 ETFVanguard S&P 500 ETFCapital Group Dividend Value | vs. Q2 2024 | SEC |
| Q2 2024 | Jul 29, 2024 | 61 | $447.4M | iShares Core S&P 500 ETFVanguard S&P 500 ETFCapital Group Dividend Value | vs. Q1 2024 | SEC |
| Q1 2024 | Apr 24, 2024Amended | 63 | $428.6M | iShares Core S&P 500 ETFVanguard S&P 500 ETFSchwab U.S. Large-Cap Growth ETF | vs. Q4 2023 | SEC |
| Q4 2023 | Jan 19, 2024 | 56 | $380.2M | iShares Core S&P 500 ETFVanguard S&P 500 ETFSchwab US Dividend Equity ETF | vs. Q3 2023 | SEC |
| Q3 2023 | Oct 16, 2023 | 52 | $337.6M | iShares Core S&P 500 ETFSchwab US Dividend Equity ETFVanguard S&P 500 ETF | vs. Q2 2023 | SEC |
| Q2 2023 | Sep 11, 2023 | 52 | $335.8M | iShares Core S&P 500 ETFSchwab US Dividend Equity ETFVanguard S&P 500 ETF | – | SEC |