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Livermore
Livermore
ZHEN

Trillium Asset Management, LLC

SEC CIK
0000884541
Latest filing
Aug 10, 2026

The latest 13F from Trillium Asset Management, LLC covers Q2 2026 (filed Aug 10, 2026): 230 long positions worth $3.25B. The top 10 holdings make up 35.2% of the portfolio, and the largest is NVIDIA Corp (NVDA) at 7.3%. 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
8
Est. +$30.1M
Added
69
Est. +$86.2M
Reduced
124
Est. −$1.34B
Sold out
8
Est. −$17.0M

Top 5 holdings

Share of this quarter's portfolio value

  1. NVDANVIDIA Corp
    7.3%$238.6MHistory
  2. GOOGLAlphabet Inc.
    6.2%$201.8MHistory
  3. AAPLApple Inc.
    4.6%$151.0MHistory
  4. MSFTMicrosoft Corp
    4.6%$149.2MHistory
  5. PANWPalo Alto Networks Inc
    3.0%$98.0MHistory

Share of portfolio

Top 5 holdings and the other 225 positions, by share of portfolio value

  1. NVDA7.3%
  2. GOOGL6.2%
  3. AAPL4.6%
  4. MSFT4.6%
  5. PANW3.0%
  6. Other 225 positions74.2%

Biggest buys

New and added positions, by estimated amount bought

  1. ROKRockwell Automation, Inc
    +$16.0MAddedHistory
  2. OKTAOkta, Inc.
    +$6.29MNewHistory
  3. EHCEncompass Health Corp
    +$5.86MAddedHistory
  4. CMSCMS Energy Corp
    +$5.51MAddedHistory
  5. SPXCSPX Technologies, Inc.
    +$5.37MNewHistory

Largest weight increases

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

  1. ROKRockwell Automation, Inc
    +0.54 pp0.2% → 0.7%History
  2. VMIValmont Industries Inc
    +0.28 pp0.6% → 0.9%History
  3. OKTAOkta, Inc.
    +0.19 pp0.0% → 0.2%History
  4. LAMRLamar Advertising Co
    +0.17 pp0.1% → 0.3%History
  5. SPXCSPX Technologies, Inc.
    +0.17 pp0.0% → 0.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. AZOAutoZone Inc
    −$115.2MReducedHistory
  2. ASMLASML Holding NV
    −$113.6MReducedHistory
  3. BKNGBooking Holdings Inc.
    −$98.7MReducedConverted for a 25-for-1 splitHistory
  4. COSTCostco Wholesale Corp
    −$91.0MReducedHistory
  5. GOOGLAlphabet Inc.
    −$69.7MReducedHistory

Largest weight decreases

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

  1. MSFTMicrosoft Corp
    −0.64 pp5.2% → 4.6%History
  2. NFLXNetflix Inc
    −0.44 pp1.3% → 0.8%History
  3. NEENextera Energy Inc
    −0.44 pp0.5% → <0.1%History
  4. MKCMcCormick & Co Inc
    −0.37 pp0.5% → 0.2%History
  5. INTUIntuit Inc.
    −0.36 pp0.8% → 0.4%History

Metrics

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

Portfolio value
$3.25B
+$236.5M (+7.8%) vs. prior quarter
Positions
230
0 vs. prior quarter
Top 10 concentration
35.2%
Top 10 as share of value
Turnover
3.7%
Q2 2026, one quarter
Average holding period
18.4 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 $4.26B (Q4 2021)

Q1 2021: $3.17BQ2 2021: $3.62BQ3 2021: $3.79BQ4 2021: $4.26BQ1 2022: $3.76BQ2 2022: $3.26BQ3 2022: $3.05BQ4 2022: $3.25BQ1 2023: $3.41BQ2 2023: $3.57BQ3 2023: $3.32BQ4 2023: $3.67BQ1 2024: $3.93BQ2 2024: $3.96BQ3 2024: $4.07BQ4 2024: $3.86BQ1 2025: $3.48BQ2 2025: $3.72BQ3 2025: $3.79BQ4 2025: $3.27BQ1 2026: $3.01BQ2 2026: $3.25B
Q1 2021Q2 2026
13F filings of Trillium Asset Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 10, 2026230$3.25BNVDAGOOGLAAPLvs. Q1 2026SEC
Q1 2026May 11, 2026230$3.01BNVDAGOOGLMSFTvs. Q4 2025SEC
Q4 2025Feb 13, 2026232$3.27BNVDAMSFTGOOGLvs. Q3 2025SEC
Q3 2025Nov 14, 2025233$3.79BNVDAMSFTGOOGLvs. Q2 2025SEC
Q2 2025Aug 6, 2025229$3.72BMSFTNVDAAAPLvs. Q1 2025SEC
Q1 2025May 13, 2025226$3.48BMSFTNVDAAAPLvs. Q4 2024SEC
Q4 2024Feb 11, 2025232$3.86BMSFTNVDAAAPLvs. Q3 2024SEC
Q3 2024Nov 7, 2024240$4.07BMSFTNVDAAAPLvs. Q2 2024SEC
Q2 2024Aug 8, 2024236$3.96BMSFTNVDAGOOGLvs. Q1 2024SEC
Q1 2024May 9, 2024235$3.93BMSFTNVDAGOOGLvs. Q4 2023SEC
Q4 2023Feb 8, 2024226$3.67BMSFTAAPLGOOGLvs. Q3 2023SEC
Q3 2023Nov 8, 2023226$3.32BMSFTAAPLGOOGLvs. Q2 2023SEC
Q2 2023Aug 10, 2023218$3.57BAAPLMSFTGOOGLvs. Q1 2023SEC
Q1 2023May 9, 2023218$3.41BAAPLMSFTGOOGLvs. Q4 2022SEC
Q4 2022Feb 8, 2023236$3.25BAAPLMSFTGOOGLvs. Q3 2022SEC
Q3 2022Nov 9, 2022224$3.05BAAPLMSFTGOOGLvs. Q2 2022SEC
Q2 2022Aug 8, 2022226$3.26BGOOGLAAPLMSFTvs. Q1 2022SEC
Q1 2022May 4, 2022236$3.76BGOOGLAAPLMSFTvs. Q4 2021SEC
Q4 2021Feb 8, 2022249$4.26BGOOGLMSFTAAPLvs. Q3 2021SEC
Q3 2021Nov 12, 2021240$3.79BGOOGLMSFTAAPLvs. Q2 2021SEC
Q2 2021Nov 12, 2021Amended240$3.62BGOOGLMSFTAAPLvs. Q1 2021SEC
Q1 2021May 10, 2021235$3.17BGOOGLMSFTAAPL–SEC