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Livermore
Livermore
ZHEN

Courier Capital LLC

SEC CIK
0001015247
Latest filing
Jul 16, 2026

The latest 13F from Courier Capital LLC covers Q2 2026 (filed Jul 16, 2026): 399 long positions worth $2.00B. The top 10 holdings make up 31.1% of the portfolio, and the largest is iShares S&P 500 Growth ETF at 6.3%. 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
23
Est. +$24.1M
Added
146
Est. +$58.4M
Reduced
161
Est. −$47.0M
Sold out
9
Est. −$12.7M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares S&P 500 Growth ETF464287309
    6.3%$126.3M
  2. iShares Core S&P 500 ETF464287200
    4.4%$88.2M
  3. AAPLApple Inc.
    3.6%$71.6MHistory
  4. iShares S&P 500 Value ETF464287408
    3.4%$67.1M
  5. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    3.3%$65.3M

Biggest buys

New and added positions, by estimated amount bought

  1. Doubleline ETF Trust25861R881
    +$8.05MNew
  2. BlackRock ETF Trust II092528504
    +$7.88MNew
  3. iShares Tr464287440
    +$6.35MAdded
  4. iShares Core S&P Mid-Cap ETF464287507
    +$4.04MAdded
  5. State Street SPDR Portfolio S&P 500 Value ETF78464A508
    +$3.97MAdded

Largest weight increases

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

  1. Doubleline ETF Trust25861R881
    +0.40 pp0.0% → 0.4%
  2. BlackRock ETF Trust II092528504
    +0.39 pp0.0% → 0.4%
  3. iShares Tr464287440
    +0.28 pp0.3% → 0.6%
  4. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    +0.27 pp3.0% → 3.3%
  5. iShares Core S&P Mid-Cap ETF464287507
    +0.25 pp2.4% → 2.7%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Janus Detroit STR Tr47103U845
    −$7.48MSold out
  2. Janus Detroit STR Tr47103U746
    −$6.90MReduced
  3. iShares S&P 500 Growth ETF464287309
    −$6.11MReduced
  4. iShares Tr464287630
    −$5.32MReduced
  5. INTCIntel Corp
    −$3.40MReducedHistory

Largest weight decreases

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

  1. Janus Detroit STR Tr47103U845
    −0.42 pp0.4% → 0.0%
  2. Janus Detroit STR Tr47103U746
    −0.40 pp0.5% → 0.1%
  3. XOMExxonMobil Holdings Corp
    −0.22 pp0.8% → 0.5%History
  4. iShares Tr464287630
    −0.20 pp1.6% → 1.4%
  5. MSFTMicrosoft Corp
    −0.19 pp1.6% → 1.4%History

Metrics

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

Portfolio value
$2.00B
+$213.7M (+11.9%) vs. prior quarter
Positions
399
+14 vs. prior quarter
Top 10 concentration
31.1%
Top 10 as share of value
Turnover
3.1%
Q2 2026, one quarter
Average holding period
18.9 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 $2.00B (Q2 2026)

Q1 2021: $990.2MQ2 2021: $1.05BQ3 2021: $1.05BQ4 2021: $1.08BQ1 2022: $1.00BQ2 2022: $853.9MQ3 2022: $807.2MQ4 2022: $867.8MQ1 2023: $905.0MQ2 2023: $1.27BQ3 2023: $1.21BQ4 2023: $1.32BQ1 2024: $1.38BQ2 2024: $1.26BQ3 2024: $1.46BQ4 2024: $1.45BQ1 2025: $1.53BQ2 2025: $1.65BQ3 2025: $1.74BQ4 2025: $1.78BQ1 2026: $1.79BQ2 2026: $2.00B
Q1 2021Q2 2026
13F filings of Courier Capital LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 16, 2026399$2.00BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q1 2026SEC
Q1 2026Apr 23, 2026Amended385$1.79BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q4 2025SEC
Q4 2025Jan 29, 2026384$1.78BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q3 2025SEC
Q3 2025Oct 29, 2025390$1.74BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q2 2025SEC
Q2 2025Jul 28, 2025386$1.65BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFiShares S&P 500 Value ETFvs. Q1 2025SEC
Q1 2025Apr 14, 2025373$1.53BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q4 2024SEC
Q4 2024Jan 13, 2025359$1.45BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q3 2024SEC
Q3 2024Oct 22, 2024357$1.46BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q2 2024SEC
Q2 2024Jul 23, 2024339$1.26BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q1 2024SEC
Q1 2024Apr 16, 2024356$1.38BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFiShares S&P 500 Value ETFvs. Q4 2023SEC
Q4 2023Jan 17, 2024355$1.32BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q3 2023SEC
Q3 2023Oct 13, 2023340$1.21BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q2 2023SEC
Q2 2023Jul 31, 2023360$1.27BiShares S&P 500 Growth ETFAAPLiShares Core S&P 500 ETFvs. Q1 2023SEC
Q1 2023May 18, 2023287$905.0MiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q4 2022SEC
Q4 2022Jan 24, 2023291$867.8MiShares S&P 500 Growth ETFiShares Core S&P 500 ETFiShares S&P 500 Value ETFvs. Q3 2022SEC
Q3 2022Oct 18, 2022281$807.2MiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q2 2022SEC
Q2 2022Jul 20, 2022276$853.9MiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q1 2022SEC
Q1 2022May 2, 2022302$1.00BiShares S&P 500 Growth ETFAAPLiShares Core S&P 500 ETFvs. Q4 2021SEC
Q4 2021Jan 18, 2022305$1.08BiShares S&P 500 Growth ETFAAPLiShares Core S&P 500 ETFvs. Q3 2021SEC
Q3 2021Oct 14, 2021309$1.05BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q2 2021SEC
Q2 2021Jul 12, 2021313$1.05BiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPLvs. Q1 2021SEC
Q1 2021Apr 12, 2021311$990.2MiShares S&P 500 Growth ETFiShares Core S&P 500 ETFAAPL–SEC