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Livermore
Livermore
ZHEN

First Commonwealth Financial Corp

SEC CIK
0000712537
Latest filing
Aug 12, 2026

The latest 13F from First Commonwealth Financial Corp covers Q2 2026 (filed Aug 12, 2026): 269 long positions worth $714.6M. The top 10 holdings make up 47.5% of the portfolio, and the largest is iShares Core S&P 500 ETF at 16.7%. Livermore has 23 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: 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
19
Est. +$11.1M
Added
95
Est. +$32.4M
Reduced
88
Est. −$18.5M
Sold out
14
Est. −$8.90M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P 500 ETF464287200
    16.7%$119.5M
  2. iShares MSCI Eafe ETF464287465
    5.6%$39.9M
  3. iShares Russell 2000 ETF464287655
    4.8%$34.6M
  4. PIMCO Active Bond Exchange-Traded Fund72201R775
    3.8%$27.2M
  5. Vanguard Malvern FDS922020755
    3.3%$23.7M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Malvern FDS922020755
    +$6.61MAdded
  2. PIMCO Active Bond Exchange-Traded Fund72201R775
    +$5.12MAdded
  3. FCFFirst Commonwealth Financial Corp
    +$3.26MAddedHistory
  4. Innovator ETFs Trust45783Y293
    +$1.69MNew
  5. Fidelity Merrimack STR Tr316188309
    +$1.48MAdded

Largest weight increases

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

  1. Vanguard Malvern FDS922020755
    +0.60 pp2.7% → 3.3%
  2. FCFFirst Commonwealth Financial Corp
    +0.50 pp2.8% → 3.3%History
  3. PIMCO Active Bond Exchange-Traded Fund72201R775
    +0.29 pp3.5% → 3.8%
  4. iShares Tr464287234
    +0.26 pp1.9% → 2.2%
  5. LRCXLam Research Corp
    +0.24 pp0.3% → 0.5%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Federated Hermes ETF Trust31423L305
    −$2.33MSold out
  2. CATCaterpillar Inc
    −$1.97MReducedHistory
  3. iShares S&P 500 Value ETF464287408
    −$1.96MReduced
  4. QCOMQualcomm Inc
    −$1.72MReducedHistory
  5. Vanguard Scottsdale FDS92206C409
    −$1.34MReduced

Largest weight decreases

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

  1. Vanguard Total Bond Market ETF921937835
    −0.46 pp2.3% → 1.8%
  2. Federated Hermes ETF Trust31423L305
    −0.37 pp0.4% → 0.0%
  3. iShares S&P 500 Value ETF464287408
    −0.31 pp0.7% → 0.4%
  4. Vanguard Scottsdale FDS92206C409
    −0.25 pp0.5% → 0.2%
  5. J P Morgan Exchange Traded F46654Q773
    −0.23 pp0.4% → 0.2%

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$714.6M
+$86.0M (+13.7%) vs. prior quarter
Positions
269
+5 vs. prior quarter
Top 10 concentration
47.5%
Top 10 as share of value
Turnover
4.1%
Q2 2026, one quarter
Average holding period
15.7 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 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $714.6M (Q2 2026)

Q1 2021: $254.1MQ2 2021: $285.1MQ3 2021: $277.6MQ4 2021: $309.9MQ1 2022: $310.7MQ2 2022: $266.5MQ3 2022: $239.1MQ4 2022: $268.9MQ1 2023: $277.5MQ2 2023: $307.5MQ3 2023: $299.4MQ4 2023: $323.0MQ1 2024: $376.7MQ2 2024: $388.3MQ3 2024: $417.7MQ4 2024: $424.0MQ1 2025: $424.6MQ2 2025: $463.1MQ3 2025: $596.8MQ4 2025: $606.3MQ1 2026: $628.5MQ2 2026: $714.6M
Q1 2021Q2 2026
13F filings of First Commonwealth Financial Corp by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 12, 2026269$714.6MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETFvs. Q1 2026SEC
Q1 2026May 14, 2026264$628.5MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETFvs. Q4 2025SEC
Q4 2025Feb 18, 2026259$606.3MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETFvs. Q3 2025SEC
Q3 2025Nov 19, 2025Amended264$596.8MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETFvs. Q2 2025SECSEC
Q2 2025Aug 14, 2025227$463.1MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETFvs. Q1 2025SEC
Q1 2025May 15, 2025221$424.6MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETFvs. Q4 2024SEC
Q4 2024Feb 13, 2025219$424.0MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETFvs. Q3 2024SEC
Q3 2024Nov 13, 2024203$417.7MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETFvs. Q2 2024SEC
Q2 2024Aug 14, 2024195$388.3MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETFvs. Q1 2024SEC
Q1 2024May 14, 2024195$376.7MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETFvs. Q4 2023SEC
Q4 2023Feb 14, 2024171$323.0MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETFvs. Q3 2023SEC
Q3 2023Nov 14, 2023166$299.4MiShares Core S&P 500 ETFiShares MSCI Eafe ETFInnovator ETFs Trustvs. Q2 2023SEC
Q2 2023Aug 10, 2023164$307.5MiShares Core S&P 500 ETFiShares MSCI Eafe ETFAAPLvs. Q1 2023SEC
Q1 2023May 12, 2023172$277.5MiShares Core S&P 500 ETFiShares MSCI Eafe ETFAAPLvs. Q4 2022SEC
Q4 2022Feb 14, 2023172$268.9MiShares Core S&P 500 ETFiShares MSCI Eafe ETFFCFvs. Q3 2022SEC
Q3 2022Nov 9, 2022165$239.1MiShares Core S&P 500 ETFiShares MSCI Eafe ETFAAPLvs. Q2 2022SEC
Q2 2022Aug 12, 2022172$266.5MiShares Core S&P 500 ETFiShares MSCI Eafe ETFAAPLvs. Q1 2022SEC
Q1 2022May 13, 2022177$310.7MiShares Core S&P 500 ETFiShares MSCI Eafe ETFAAPLvs. Q4 2021SEC
Q4 2021Feb 14, 2022175$309.9MiShares Core S&P 500 ETFiShares MSCI Eafe ETFAAPLvs. Q3 2021SEC
Q3 2021Nov 15, 2021169$277.6MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETFvs. Q2 2021SEC
Q2 2021Aug 16, 2021167$285.1MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETFvs. Q1 2021SEC
Q1 2021May 14, 2021160$254.1MiShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Russell 2000 ETF–SEC