AdvicePeriod, LLC

CIK

1634228

Location

LOS ANGELES, CA

Portfolio Value

Mid $1,494,844,858

Diversification

Moderately concentrated

Filing Date

Global Rank

#1,400 / 6,051 ▲ 173 · as of Jun 2021

Top Industry

Asset Management 100.0%

Period ended 5 years ago

Filed Jul 29, 2021 · 5y

6 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2021, never from the firm's own description.

Style

Concentrated

The top 10 positions are 95.4% of the book (60%+)

Turnover

Low turnover

15.0% over the last four quarters (under 30%)

Horizon

Horizon unknown

The value-weighted holding period is at least 6.0 quarters, but 98.3% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 96.1%; sector active share 67.7% against the combined 13F book's sector weights.

Over time 6 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

85 tracked positions · as of Jun 30, 2021 · Δ vs Mar 31, 2021

Top Position

24.8%

−8.8 pts

Top 5

84.6%

+1.4 pts

Top 10

95.4%

−0.9 pts

HHI

1,658

Moderately concentrated−259

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2021

Sector	% Portfolio	Value	Positions
Unclassified	100.0%	$1,494,567,132	84
Financial Services	0.0%	$277,726	1

Last Quarter's Activity

Export CSV

Jun 30, 2021 vs Mar 31, 2021

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+255,138	3,308,373	$179,677,737
VEA	Vanguard FTSE Developed Markets ETF	+202,226	4,100,560	$211,260,851
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	+103,922	1,039,890	$63,880,442
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	+75,047	88,138	$7,289,893
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	+41,899	611,295	$58,115,815
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	+30,822	216,059	$11,948,062
CMF	iShares California Muni Bond ETF	+28,513	139,512	$8,736,241
SUB	iShares Short-Term National Muni Bond ETF	+21,710	127,874	$13,787,374
IEMG	iShares Trust	+17,162	622,272	$0
IGF	iShares Global Infrastructure ETF	+14,185	277,447	$12,590,544
—		+13,956	187,781	$35,413,618
SHY	iShares 1-3 Year Treasury Bond ETF	+9,376	163,550	$14,091,468
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	+8,437	64,202	$3,885,505
VT	VANGUARD TOTAL WORLD STOCK INDEX FUND	+7,779	114,852	$11,899,815
IWR	iShares Russell Mid-Cap ETF	+7,518	79,367	$6,289,041
MUB	iShares National Muni Bond ETF	+6,839	265,527	$31,119,764
IWF	iShares Russell 1000 Growth ETF	+6,183	35,642	$9,676,090
VWOB	VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND	+5,770	268,860	$21,463,093
EFA	iShares MSCI EAFE ETF	+5,373	177,076	$13,967,754
AGG	iShares Core U.S. Aggregate Bond ETF	+4,751	74,587	$8,602,118
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	+4,569	68,557	$3,593,072
VONE	VANGUARD RUSSELL 1000 INDEX FUND	+4,417	13,056	$2,614,855
VNQ	VANGUARD REAL ESTATE INDEX FUND	+4,384	168,409	$17,142,352
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	+3,120	14,954	$819,628
VIG	Vanguard Specialized Funds	+3,069	77,654	$12,020,062
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
VXUS	Vanguard Total International Stock ETF	−36,010	129,718	$8,519,877
EMLP	First Trust North American Energy Infrastructure Fund	−28,370	955,074	$23,361,110
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	−17,829	246,109	$20,220,315
ITOT	iShares Core S&P Total U.S. Stock Market ETF	−10,650	344,037	$33,977,093
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	−6,884	108,146	$18,780,634
VOO	VANGUARD 500 INDEX FUND	−6,497	409,781	$161,257,018
VOE	VANGUARD MID-CAP VALUE INDEX FUND	−5,799	112,447	$15,798,803
—		−3,861	20,811	$1,031,393
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−3,833	533,646	$118,907,001
BIV	Vanguard Bond Index Funds	−3,501	187,594	$16,875,956
—		−3,064	60,400	$10,012,508
IJS	iShares S&P Small-Cap 600 Value ETF	−2,757	14,798	$1,560,153
IWS	iShares Russell Mid-Cap Value ETF	−2,196	68,010	$7,819,789
IVE	iShares S&P 500 Value ETF	−2,172	101,902	$15,044,811
VEU	Vanguard International Equity Index Funds	−2,063	39,055	$2,475,696
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	−1,949	45,008	$6,047,274
SHV	iShares 0-1 Year Treasury Bond ETF	−1,212	19,865	$2,194,883
IDEV	iShares Core MSCI International Developed Markets ETF	−1,111	203,079	$13,697,678
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	−808	5,011	$441,168
—		−340	14,902	$1,686,906
AGGM	iShares Government/Credit Bond ETF	−162	2,190	$268,143
VTV	VANGUARD VALUE INDEX FUND	−88	212,931	$29,269,495
VHT	VANGUARD HEALTH CARE INDEX FUND	−53	2,685	$663,544
EFG	iShares MSCI EAFE Growth ETF	−40	12,972	$1,391,636
IWC	iShares Micro-Cap ETF	−26	1,464	$223,406
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	17,413	$6,171,689
EEM	iShares MSCI Emerging Markets ETF	41,614	$2,295,012
IVW	iShares S&P 500 Growth ETF	29,397	$2,138,043
DVY	iShares Select Dividend ETF	1,905	$222,161
VSS	VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND	1,584	$216,136
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	7,160	$481,366
IEF	iShares 7-10 Year Treasury Bond ETF	3,242	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

85 tracked positions · $1,494,844,858 total · filing declares 96 positions · $1,536,531,000 · as of Jun 30, 2021

All sectors Financial Services

Showing 1–50 of 85 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
VEA	Vanguard FTSE Developed Markets ETF	Added	4,100,560	+202,226	$211,260,851	+10.3%	6+	before history	14.13%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Added	3,308,373	+255,138	$179,677,737	+13.1%	6+	before history	12.02%
VOO	VANGUARD 500 INDEX FUND	Reduced	409,781	-6,497	$161,257,018	+6.3%	6+	before history	10.79%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	533,646	-3,833	$118,907,001	+7.0%	6+	before history	7.95%
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	Added	1,039,890	+103,922	$63,880,442	+10.9%	6+	before history	4.27%
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	Added	611,295	+41,899	$58,115,815	+9.7%	6+	before history	3.89%
IVV	iShares Core S&P 500 ETF	Added	112,368	+218	$48,309,250	—	6+	before history	3.23%
BNDX	Vanguard Total International Bond ETF	Added	635,494	+438	$36,286,707	+0.0%	6+	before history	2.43%
		Added	187,781	+13,956	$35,413,618	+15.2%	6+	before history	2.37%
ITOT	iShares Core S&P Total U.S. Stock Market ETF	Reduced	344,037	-10,650	$33,977,093	—	6+	before history	2.27%
MUB	iShares National Muni Bond ETF	Added	265,527	+6,839	$31,119,764	—	6+	before history	2.08%
IEFA	iShares Core MSCI EAFE ETF	Added	392,288	+1,521	$29,366,679	—	6+	before history	1.96%
VTV	VANGUARD VALUE INDEX FUND	Reduced	212,931	-88	$29,269,495	+4.5%	6+	before history	1.96%
EMLP	First Trust North American Energy Infrastructure Fund	Reduced	955,074	-28,370	$23,361,110	+4.1%	6+	before history	1.56%
VWOB	VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND	Added	268,860	+5,770	$21,463,093	+5.3%	6+	before history	1.44%
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	Reduced	246,109	-17,829	$20,220,315	−6.8%	6+	before history	1.35%
IWB	iShares Russell 1000 ETF	Added	80,853	+893	$19,572,894	—	6+	before history	1.31%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Reduced	108,146	-6,884	$18,780,634	−1.4%	6+	before history	1.26%
VNQ	VANGUARD REAL ESTATE INDEX FUND	Added	168,409	+4,384	$17,142,352	+13.8%	6+	before history	1.15%
BIV	Vanguard Bond Index Funds	Reduced	187,594	-3,501	$16,875,956	−0.5%	6+	before history	1.13%
IJR	iShares Core S&P Small-Cap ETF	Added	140,553	+2,171	$15,879,677	—	6+	before history	1.06%
VOE	VANGUARD MID-CAP VALUE INDEX FUND	Reduced	112,447	-5,799	$15,798,803	−0.9%	6+	before history	1.06%
IVE	iShares S&P 500 Value ETF	Reduced	101,902	-2,172	$15,044,811	—	6+	before history	1.01%
SHY	iShares 1-3 Year Treasury Bond ETF	Added	163,550	+9,376	$14,091,468	—	6+	before history	0.94%
EFA	iShares MSCI EAFE ETF	Added	177,076	+5,373	$13,967,754	—	6+	before history	0.93%
SUB	iShares Short-Term National Muni Bond ETF	Added	127,874	+21,710	$13,787,374	—	6+	before history	0.92%
IDEV	iShares Core MSCI International Developed Markets ETF	Reduced	203,079	-1,111	$13,697,678	—	6+	before history	0.92%
IGF	iShares Global Infrastructure ETF	Added	277,447	+14,185	$12,590,544	—	6+	before history	0.84%
VIG	Vanguard Specialized Funds	Added	77,654	+3,069	$12,020,062	+9.6%	6+	before history	0.80%
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	Added	216,059	+30,822	$11,948,062	+18.0%	6+	before history	0.80%
VT	VANGUARD TOTAL WORLD STOCK INDEX FUND	Added	114,852	+7,779	$11,899,815	+14.2%	6+	before history	0.80%
		Reduced	60,400	-3,064	$10,012,508	−1.1%	6+	before history	0.67%
IWF	iShares Russell 1000 Growth ETF	Added	35,642	+6,183	$9,676,090	—	6+	before history	0.65%
VUG	VANGUARD GROWTH INDEX FUND	Added	31,933	+1,328	$9,158,710	+16.4%	6+	before history	0.61%
CMF	iShares California Muni Bond ETF	Added	139,512	+28,513	$8,736,241	—	6+	before history	0.58%
AGG	iShares Core U.S. Aggregate Bond ETF	Added	74,587	+4,751	$8,602,118	—	6+	before history	0.58%
VXUS	Vanguard Total International Stock ETF	Reduced	129,718	-36,010	$8,519,877	−18.0%	6+	before history	0.57%
IWM	iShares Russell 2000 ETF	Added	34,144	+1,549	$7,831,608	—	6+	before history	0.52%
IWS	iShares Russell Mid-Cap Value ETF	Reduced	68,010	-2,196	$7,819,789	—	6+	before history	0.52%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Added	88,138	+75,047	$7,289,893	+575.0%	5	unpriced	0.49%
VO	VANGUARD MID-CAP INDEX FUND	Reduced	29,876	-22	$7,091,068	+7.2%	6+	before history	0.47%
IWR	iShares Russell Mid-Cap ETF	Added	79,367	+7,518	$6,289,041	—	6+	before history	0.42%
QQQ	Invesco Qqq Trust, Series 1	NEW	17,413	NEW	$6,171,689	NEW	1	$336.25	0.41%
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Reduced	45,008	-1,949	$6,047,274	—	6+	before history	0.40%
EMB	iShares J.P. Morgan USD Emerging Markets Bond ETF	Added	53,520	+2,727	$6,018,859	—	6+	before history	0.40%
VB	Vanguard Index Funds	Added	26,190	+374	$5,900,083	+6.8%	6+	before history	0.39%
IWD	iShares Russell 1000 Value ETF	Added	30,939	+615	$4,907,544	—	6+	before history	0.33%
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	Added	64,202	+8,437	$3,885,505	—	6+	before history	0.26%
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	Added	68,557	+4,569	$3,593,072	+8.9%	6+	before history	0.24%
VV	VANGUARD LARGE-CAP INDEX FUND	Added	13,601	+185	$2,730,400	+9.8%	6+	before history	0.18%

Showing the top 50 of 85 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.