Skip to main content
Livermore
Livermore
ZHEN

Norris Perne & French LLP

SEC CIK
0001092290
Latest filing
Aug 13, 2026

The latest 13F from Norris Perne & French LLP covers Q2 2026 (filed Aug 13, 2026): 156 long positions worth $2.34B. The top 10 holdings make up 54.8% of the portfolio, and the largest is Elevation Series Trust at 27.1%. Livermore has 24 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. +$19.4M
Added
71
Est. +$90.5M
Reduced
47
Est. −$119.6M
Sold out
17
Est. −$8.32M

Top 5 holdings

Share of this quarter's portfolio value

  1. Elevation Series Trust210322590
    27.1%$636.2M
  2. MSFTMicrosoft Corp
    5.1%$118.5MHistory
  3. AMATApplied Materials Inc
    4.3%$101.2MHistory
  4. GOOGLAlphabet Inc.
    3.8%$89.8MHistory
  5. TSMTaiwan Semiconductor Manufacturing Co Ltd
    3.0%$71.4MHistory

Share of portfolio

Top 5 holdings and the other 151 positions, by share of portfolio value

  1. Elevation Series Trust27.1%
  2. MSFT5.1%
  3. AMAT4.3%
  4. GOOGL3.8%
  5. TSM3.0%
  6. Other 151 positions56.6%

Biggest buys

New and added positions, by estimated amount bought

  1. MAMastercard Inc
    +$17.6MAddedHistory
  2. DHRDanaher Corp
    +$16.0MAddedHistory
  3. ENTGEntegris Inc
    +$13.1MNewHistory
  4. ETNEaton Corp plc
    +$8.53MAddedHistory
  5. MSIMotorola Solutions, Inc.
    +$8.26MAddedHistory

Largest weight increases

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

  1. MAMastercard Inc
    +0.69 pp0.6% → 1.3%History
  2. ENTGEntegris Inc
    +0.56 pp0.0% → 0.6%History
  3. DHRDanaher Corp
    +0.47 pp1.7% → 2.2%History
  4. ETNEaton Corp plc
    +0.38 pp0.4% → 0.8%History
  5. NVDANVIDIA Corp
    +0.29 pp1.7% → 1.9%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. COHRCoherent Corp.
    −$51.0MReducedHistory
  2. AMATApplied Materials Inc
    −$28.0MReducedHistory
  3. AAPLApple Inc.
    −$8.39MReducedHistory
  4. PWRQuanta Services, Inc.
    −$7.43MReducedHistory
  5. UNPUnion Pacific Corp
    −$5.05MReducedHistory

Largest weight decreases

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

  1. COHRCoherent Corp.
    −0.80 pp3.1% → 2.3%History
  2. MSFTMicrosoft Corp
    −0.71 pp5.8% → 5.1%History
  3. AAPLApple Inc.
    −0.36 pp1.1% → 0.8%History
  4. UNPUnion Pacific Corp
    −0.25 pp1.8% → 1.6%History
  5. PWRQuanta Services, Inc.
    −0.23 pp0.6% → 0.3%History

Metrics

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

Portfolio value
$2.34B
+$292.8M (+14.3%) vs. prior quarter
Positions
156
−1 vs. prior quarter
Top 10 concentration
54.8%
Top 10 as share of value
Turnover
5.0%
Q2 2026, one quarter
Average holding period
14.4 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 $2.34B (Q2 2026)

Q1 2021: $1.08BQ2 2021: $1.16BQ3 2021: $1.16BQ4 2021: $1.29BQ1 2022: $1.24BQ2 2022: $1.04BQ3 2022: $962.4MQ4 2022: $1.01BQ1 2023: $1.09BQ2 2023: $1.19BQ3 2023: $1.14BQ4 2023: $1.29BQ1 2024: $1.39BQ2 2024: $1.38BQ3 2024: $1.46BQ4 2024: $1.39BQ1 2025: $1.33BQ2 2025: $1.44BQ3 2025: $1.44BQ4 2025: $1.52BQ1 2026: $2.05BQ2 2026: $2.34B
Q1 2021Q2 2026
13F filings of Norris Perne & French LLP by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 13, 2026Amended156$2.34BElevation Series TrustMSFTAMATvs. Q1 2026SECSEC
Q1 2026Aug 13, 2026Amended157$2.05BElevation Series TrustMSFTGOOGLvs. Q4 2025SECSEC
Q4 2025Jan 23, 2026163$1.52BMSFTGOOGLCOHRvs. Q3 2025SEC
Q3 2025Oct 17, 2025164$1.44BMSFTGOOGLAMZNvs. Q2 2025SEC
Q2 2025Jul 17, 2025153$1.44BMSFTAMZNGOOGLvs. Q1 2025SEC
Q1 2025Apr 21, 2025143$1.33BMSFTGOOGLBRK.Bvs. Q4 2024SEC
Q4 2024Jan 23, 2025142$1.39BMSFTGOOGLAMZNvs. Q3 2024SEC
Q3 2024Oct 28, 2024146$1.46BMSFTGOOGLBRK.Bvs. Q2 2024SEC
Q2 2024Jul 24, 2024144$1.38BMSFTGOOGLBRK.Bvs. Q1 2024SEC
Q1 2024Apr 16, 2024146$1.39BMSFTGOOGLBRK.Bvs. Q4 2023SEC
Q4 2023Jan 22, 2024136$1.29BMSFTGOOGLBRK.Bvs. Q3 2023SEC
Q3 2023Oct 18, 2023128$1.14BMSFTGOOGLBRK.Bvs. Q2 2023SEC
Q2 2023Jul 19, 2023130$1.19BMSFTGOOGLBRK.Bvs. Q1 2023SEC
Q1 2023Apr 20, 2023133$1.09BMSFTGOOGLBRK.Bvs. Q4 2022SEC
Q4 2022Jan 24, 2023136$1.01BMSFTBRK.BLNGvs. Q3 2022SEC
Q3 2022Oct 13, 2022130$962.4MMSFTBRK.BLNGvs. Q2 2022SEC
Q2 2022Aug 11, 2022134$1.04BMSFTBRK.BGOOGLvs. Q1 2022SEC
Q1 2022Apr 26, 2022158$1.24BMSFTBRK.BGOOGLvs. Q4 2021SEC
Q4 2021Jan 26, 2022138$1.29BMSFTGOOGLBRK.Bvs. Q3 2021SEC
Q3 2021Oct 26, 2021143$1.16BMSFTGOOGLBRK.Bvs. Q2 2021SEC
Q2 2021Jul 20, 2021143$1.16BMSFTGOOGLBRK.Bvs. Q1 2021SEC
Q1 2021Apr 30, 2021136$1.08BMSFTGOOGLBRK.B–SEC