Skip to main content
Livermore
Livermore
ZHEN

Stephens Inc

SEC CIK
0000757657
Latest filing
Jul 29, 2026

The latest 13F from Stephens Inc covers Q2 2026 (filed Jul 29, 2026): 1,332 long positions worth $8.93B. The top 10 holdings make up 19.9% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 2.7%. 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
97
Est. +$57.7M
Added
555
Est. +$339.3M
Reduced
526
Est. −$191.5M
Sold out
76
Est. −$35.1M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Total Stock Market ETF922908769
    2.7%$244.0M
  2. AAPLApple Inc.
    2.7%$242.1MHistory
  3. Invesco QQQ Trust Series I46090E103
    2.2%$196.9M
  4. WMTWalmart Inc.
    2.0%$180.3MHistory
  5. NVDANVIDIA Corp
    1.9%$165.3MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. MODModine Manufacturing Co
    +$15.8MNewHistory
  2. iShares Tr464287572
    +$10.5MAdded
  3. JNJJohnson & Johnson
    +$9.18MAddedHistory
  4. iShares Russell 2000 ETF464287655
    +$8.30MAdded
  5. AMZNAmazon Com Inc
    +$8.23MAddedHistory

Largest weight increases

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

  1. Invesco QQQ Trust Series I46090E103
    +0.31 pp1.9% → 2.2%
  2. CATCaterpillar Inc
    +0.18 pp0.5% → 0.7%History
  3. MODModine Manufacturing Co
    +0.18 pp0.0% → 0.2%History
  4. GOOGLAlphabet Inc.
    +0.17 pp1.2% → 1.4%History
  5. PANWPalo Alto Networks Inc
    +0.16 pp0.2% → 0.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. TGTTarget Corp
    −$10.5MReducedHistory
  2. AMGNAmgen Inc
    −$7.58MReducedHistory
  3. HONHoneywell International Inc
    −$7.16MSold outHistory
  4. iShares Russell Mid-Cap Growth ETF464287481
    −$5.56MReduced
  5. TAT&T Inc.
    −$4.94MReducedHistory

Largest weight decreases

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

  1. KRUSKura Sushi USA, Inc.
    −0.26 pp1.0% → 0.7%History
  2. CVXChevron Corp
    −0.21 pp0.7% → 0.5%History
  3. XOMExxonMobil Holdings Corp
    −0.19 pp0.7% → 0.5%History
  4. PLTRPalantir Technologies Inc.
    −0.18 pp0.5% → 0.3%History
  5. TAT&T Inc.
    −0.14 pp0.2% → 0.1%History

Metrics

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

Portfolio value
$8.93B
+$932.2M (+11.7%) vs. prior quarter
Positions
1,332
+21 vs. prior quarter
Top 10 concentration
19.9%
Top 10 as share of value
Turnover
2.7%
Q2 2026, one quarter
Average holding period
19.8 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 $8.93B (Q2 2026)

Q1 2021: $6.09BQ2 2021: $6.68BQ3 2021: $6.46BQ4 2021: $6.61BQ1 2022: $6.13BQ2 2022: $4.96BQ3 2022: $4.68BQ4 2022: $4.88BQ1 2023: $5.21BQ2 2023: $5.56BQ3 2023: $5.22BQ4 2023: $5.80BQ1 2024: $6.45BQ2 2024: $6.56BQ3 2024: $7.05BQ4 2024: $7.13BQ1 2025: $6.82BQ2 2025: $7.28BQ3 2025: $7.85BQ4 2025: $8.04BQ1 2026: $7.99BQ2 2026: $8.93B
Q1 2021Q2 2026
13F filings of Stephens Inc by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 29, 20261,332$8.93BVanguard Morningstar Total Stock Market ETFAAPLInvesco QQQ Trust Series Ivs. Q1 2026SEC
Q1 2026Apr 28, 20261,311$7.99BVanguard Morningstar Total Stock Market ETFAAPLWMTvs. Q4 2025SEC
Q4 2025Feb 5, 20261,300$8.04BAAPLVanguard Morningstar Total Stock Market ETFMSFTvs. Q3 2025SEC
Q3 2025Oct 27, 20251,321$7.85BVanguard Morningstar Total Stock Market ETFAAPLMSFTvs. Q2 2025SEC
Q2 2025Jul 29, 20251,274$7.28BVanguard Morningstar Total Stock Market ETFMSFTAAPLvs. Q1 2025SEC
Q1 2025May 1, 20251,236$6.82BVanguard Morningstar Total Stock Market ETFAAPLMSFTvs. Q4 2024SEC
Q4 2024Jan 28, 20251,269$7.13BVanguard Morningstar Total Stock Market ETFAAPLMSFTvs. Q3 2024SEC
Q3 2024Oct 28, 20241,291$7.05BVanguard Morningstar Total Stock Market ETFAAPLMSFTvs. Q2 2024SEC
Q2 2024Aug 6, 20241,272$6.56BVanguard Morningstar Total Stock Market ETFAAPLMSFTvs. Q1 2024SEC
Q1 2024May 15, 20241,310$6.45BVanguard Morningstar Total Stock Market ETFAAPLMSFTvs. Q4 2023SEC
Q4 2023Feb 13, 20241,248$5.80BVanguard Morningstar Total Stock Market ETFAAPLMSFTvs. Q3 2023SEC
Q3 2023Nov 14, 20231,214$5.22BVanguard Morningstar Total Stock Market ETFAAPLiShares Trvs. Q2 2023SEC
Q2 2023Aug 14, 20231,227$5.56BVanguard Morningstar Total Stock Market ETFAAPLiShares Russell 1000 Value ETFvs. Q1 2023SEC
Q1 2023May 15, 20231,191$5.21BVanguard Morningstar Total Stock Market ETFAAPLiShares Trvs. Q4 2022SEC
Q4 2022Feb 14, 2023Amended1,169$4.88BVanguard Morningstar Total Stock Market ETFiShares Russell 1000 Value ETFAAPLvs. Q3 2022SEC
Q3 2022Nov 2, 20221,202$4.68BVanguard Morningstar Total Stock Market ETFAAPLiShares Russell 1000 Value ETFvs. Q2 2022SEC
Q2 2022Aug 3, 20221,227$4.96BVanguard Morningstar Total Stock Market ETFiShares Russell 1000 Value ETFAAPLvs. Q1 2022SEC
Q1 2022May 4, 20221,319$6.13BVanguard Morningstar Total Stock Market ETFiShares TrAAPLvs. Q4 2021SEC
Q4 2021Mar 7, 20221,345$6.61BVanguard Morningstar Total Stock Market ETFAAPLiShares Trvs. Q3 2021SEC
Q3 2021Oct 27, 20211,353$6.46BVanguard Morningstar Total Stock Market ETFiShares TriShares Trvs. Q2 2021SEC
Q2 2021Aug 12, 20211,341$6.68BVanguard Morningstar Total Stock Market ETFiShares TriShares Trvs. Q1 2021SEC
Q1 2021May 14, 20211,305$6.09BVanguard Morningstar Total Stock Market ETFiShares TriShares Tr–SEC

13D and 13G filings

Companies where Stephens Inc reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

1 company, largest stake first.

Companies where Stephens Inc owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
KRUSKura Sushi USA, Inc.13G/A9.90%1.10M shares−0.80 ppfrom 10.70%Feb 10, 20214 filingsAug 13, 2026SEC

Latest filings

4 filings on file made by Stephens Inc or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Stephens Inc
CompanyFiled (ET)FormStakeChangeEvent dateFiling
KRUSKura Sushi USA, Inc.Aug 13, 202611:52 AM ET13G/A9.90%1.10M shares−0.80 ppfrom 10.70%Jun 30, 2026SEC
KRUSKura Sushi USA, Inc.May 7, 20266:05 PM ET13G/A10.70%1.20M shares+3.90 ppfrom 6.80%Apr 30, 2026SEC
KRUSKura Sushi USA, Inc.Feb 14, 20253:44 PM ET13G/A6.80%746.7K shares–Dec 31, 2024SEC
KRUSKura Sushi USA, Inc.Feb 10, 202113G/AOld format–––SEC