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Livermore
Livermore
ZHEN

Investment Partners, Ltd.

SEC CIK
0001050068
Latest filing
Aug 4, 2026

The latest 13F from Investment Partners, Ltd. covers Q2 2026 (filed Aug 4, 2026): 167 long positions worth $319.9M. The top 10 holdings make up 34.7% of the portfolio, and the largest is Vanguard Ftse Developed Markets ETF at 6.5%. Livermore has 22 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
16
Est. +$4.23M
Added
97
Est. +$7.55M
Reduced
35
Est. −$2.27M
Sold out
1
Est. −$498.8K

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Ftse Developed Markets ETF921943858
    6.5%$20.8M
  2. iShares Russell 1000 Growth ETF464287614
    5.4%$17.2M
  3. iShares Russell 1000 Value ETF464287598
    4.3%$13.8M
  4. AAPLApple Inc.
    3.2%$10.3MHistory
  5. Vanguard Ftse Emerging Markets ETF922042858
    3.0%$9.57M

Share of portfolio

Top 5 holdings and the other 162 positions, by share of portfolio value

  1. Vanguard Ftse Developed Markets ETF6.5%
  2. iShares Russell 1000 Growth ETF5.4%
  3. iShares Russell 1000 Value ETF4.3%
  4. AAPL3.2%
  5. Vanguard Ftse Emerging Markets ETF3.0%
  6. Other 162 positions77.6%

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Ftse Developed Markets ETF921943858
    +$973.3KAdded
  2. Vanguard Short-Term Bond ETF921937827
    +$847.1KAdded
  3. iShares Tr464288646
    +$840.6KAdded
  4. iShares Tr46434V407
    +$540.8KAdded
  5. iShares Tr464288414
    +$513.4KAdded

Largest weight increases

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

  1. MUMicron Technology Inc
    +1.07 pp0.5% → 1.6%History
  2. ASMLASML Holding NV
    +0.17 pp0.5% → 0.6%History
  3. Vanguard Ftse Developed Markets ETF921943858
    +0.16 pp6.3% → 6.5%
  4. iShares S&P 500 Growth ETF464287309
    +0.15 pp2.2% → 2.4%
  5. LEUCentrus Energy Corp
    +0.14 pp0.0% → 0.1%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. HONHoneywell International Inc
    −$498.8KSold outHistory
  2. Vanguard Dividend Appreciation ETF921908844
    −$462.6KReduced
  3. INTCIntel Corp
    −$225.5KReducedHistory
  4. WMTWalmart Inc.
    −$193.1KReducedHistory
  5. MSFTMicrosoft Corp
    −$150.7KReducedHistory

Largest weight decreases

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

  1. MSFTMicrosoft Corp
    −0.35 pp2.7% → 2.3%History
  2. XOMExxonMobil Holdings Corp
    −0.28 pp0.9% → 0.7%History
  3. WMTWalmart Inc.
    −0.22 pp0.8% → 0.6%History
  4. Vanguard Dividend Appreciation ETF921908844
    −0.22 pp2.3% → 2.1%
  5. State Street Utilities Select Sector SPDR ETF81369Y886
    −0.18 pp1.3% → 1.1%

Metrics

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

Portfolio value
$319.9M
+$38.8M (+13.8%) vs. prior quarter
Positions
167
+15 vs. prior quarter
Top 10 concentration
34.7%
Top 10 as share of value
Turnover
0.9%
Q2 2026, one quarter
Average holding period
19.9 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 $336.0M (Q3 2022)

Q1 2021: $205.8MQ2 2021: $219.1MQ3 2021: $220.0MQ4 2021: $244.9MQ1 2022: $236.5MQ2 2022: $204.7MQ3 2022: $336.0MQ4 2022: $189.1MQ1 2023: $190.6MQ2 2023: $191.9MQ3 2023: $190.0MQ4 2023: $203.1MQ1 2024: $220.5MQ2 2024: $222.6MQ3 2024: $240.1MQ4 2024: $242.8MQ1 2025: $241.2MQ2 2025: $264.2MQ3 2025: $284.0MQ4 2025: $285.7MQ1 2026: $281.1MQ2 2026: $319.9M
Q1 2021Q2 2026
13F filings of Investment Partners, Ltd. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 4, 2026167$319.9MVanguard Ftse Developed Markets ETFiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFvs. Q1 2026SEC
Q1 2026May 5, 2026152$281.1MVanguard Ftse Developed Markets ETFiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFvs. Q4 2025SEC
Q4 2025Feb 10, 2026149$285.7MiShares Russell 1000 Growth ETFVanguard Ftse Developed Markets ETFiShares Russell 1000 Value ETFvs. Q3 2025SEC
Q3 2025Nov 7, 2025154$284.0MiShares Russell 1000 Growth ETFVanguard Ftse Developed Markets ETFiShares Russell 1000 Value ETFvs. Q2 2025SEC
Q2 2025Aug 8, 2025158$264.2MiShares Russell 1000 Growth ETFVanguard Ftse Developed Markets ETFiShares Russell 1000 Value ETFvs. Q1 2025SEC
Q1 2025Apr 30, 2025148$241.2MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFVanguard Ftse Developed Markets ETFvs. Q4 2024SEC
Q4 2024Feb 6, 2025146$242.8MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFMSFTvs. Q3 2024SEC
Q3 2024Nov 4, 2024147$240.1MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFMSFTvs. Q2 2024SEC
Q2 2024Aug 8, 2024142$222.6MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFMSFTvs. Q1 2024SEC
Q1 2024Apr 16, 2024142$220.5MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFMSFTvs. Q4 2023SEC
Q4 2023Feb 2, 2024133$203.1MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFMSFTvs. Q3 2023SEC
Q3 2023Oct 31, 2023133$190.0MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFVanguard Ftse Developed Markets ETFvs. Q2 2023SEC
Q2 2023Aug 8, 2023128$191.9MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFVanguard Ftse Developed Markets ETFvs. Q1 2023SEC
Q1 2023May 8, 2023136$190.6MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFVanguard Ftse Developed Markets ETFvs. Q4 2022SEC
Q4 2022Jan 18, 2023142$189.1MiShares Russell 1000 Value ETFiShares Russell 1000 Growth ETFVanguard Ftse Developed Markets ETFvs. Q3 2022SEC
Q3 2022Oct 21, 2022257$336.0MAAPLMSFTiShares Russell 1000 Growth ETFvs. Q2 2022SEC
Q2 2022Aug 5, 2022153$204.7MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFAAPLvs. Q1 2022SEC
Q1 2022Apr 22, 2022166$236.5MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFAAPLvs. Q4 2021SEC
Q4 2021Feb 4, 2022169$244.9MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFAAPLvs. Q3 2021SEC
Q3 2021Oct 13, 2021161$220.0MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFAAPLvs. Q2 2021SEC
Q2 2021Jul 15, 2021165$219.1MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFAAPLvs. Q1 2021SEC
Q1 2021May 6, 2021157$205.8MiShares Russell 1000 Growth ETFiShares Russell 1000 Value ETFiShares Core MSCI Eafe ETF–SEC