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Ramsey Quantitative Systems

SEC CIK
0001132897
Latest filing
Oct 22, 2026

The latest 13F from Ramsey Quantitative Systems covers Q3 2026 (filed Oct 22, 2026): 65 long positions worth $109.0M. The top 10 holdings make up 95.5% of the portfolio, and the largest is SPDR S&P 500 ETF Trust (SPY) at 90.5%. Livermore has 24 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q3 2026

Full comparison

Share counts compared with Q2 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.

New
24
Est. +$2.08M
Added
18
Est. +$3.11M
Reduced
17
Est. −$1.23M
Sold out
19
Est. −$7.77M

Top 5 holdings

Share of this quarter's portfolio value

  1. SPYSPDR S&P 500 ETF Trust
    90.5%$98.7MHistory
  2. RCReady Capital Corp
    1.3%$1.45MHistory
  3. SVXYProShares Trust II
    1.2%$1.30MHistory
  4. SVIXVS Trust
    0.8%$859.4KHistory
  5. ProShares Tr74350P667
    0.4%$414.4K

Share of portfolio

Top 5 holdings and the other 60 positions, by share of portfolio value

  1. SPY90.5%
  2. RC1.3%
  3. SVXY1.2%
  4. SVIX0.8%
  5. ProShares Tr0.4%
  6. Other 60 positions5.8%

Biggest buys

New and added positions, by estimated amount bought

  1. SPYSPDR S&P 500 ETF Trust
    +$1.77MAddedHistory
  2. Direxion Shares ETF Trust25460E190
    +$256.4KNew
  3. QFINQfin Holdings, Inc.
    +$248.4KAddedHistory
  4. SVXYProShares Trust II
    +$228.0KAddedHistory
  5. UVIXVS Trust
    +$199.0KNewHistory

Largest weight increases

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

  1. SPYSPDR S&P 500 ETF Trust
    +5.52 pp85.0% → 90.5%History
  2. SVXYProShares Trust II
    +0.33 pp0.9% → 1.2%History
  3. Direxion Shares ETF Trust25460E190
    +0.24 pp0.0% → 0.2%
  4. UVIXVS Trust
    +0.18 pp0.0% → 0.2%History
  5. Invesco QQQ Trust Series I46090E103
    +0.17 pp0.0% → 0.2%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Tr464288414
    −$1.61MSold out
  2. iShares Tr464288513
    −$1.20MSold out
  3. VanEck ETF Trust92189H409
    −$1.08MSold out
  4. NEANuveen AMT-Free Quality Municipal Income Fund
    −$739.6KSold outHistory
  5. NZFNuveen Municipal Credit Income Fund
    −$570.6KSold outHistory

Largest weight decreases

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

  1. iShares Tr464288414
    −1.45 pp1.4% → 0.0%
  2. iShares Tr464288513
    −1.07 pp1.1% → 0.0%
  3. VanEck ETF Trust92189H409
    −0.97 pp1.0% → 0.0%
  4. NEANuveen AMT-Free Quality Municipal Income Fund
    −0.66 pp0.7% → 0.0%History
  5. NZFNuveen Municipal Credit Income Fund
    −0.51 pp0.5% → 0.0%History

Metrics

13F metrics for Q3 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$109.0M
−$2.63M (−2.4%) vs. prior quarter
Positions
65
+5 vs. prior quarter
Top 10 concentration
95.5%
Top 10 as share of value
Turnover
4.7%
Q3 2026, one quarter
Average holding period
21.2 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

23 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $111.6M (Q2 2026)

Q1 2021: $12.3MQ2 2021: $18.2MQ3 2021: $20.0MQ4 2021: $14.6MQ1 2022: $15.1MQ2 2022: $70.9MQ3 2022: $69.4MQ4 2022: $67.0MQ1 2023: $54.6MQ2 2023: $56.9MQ3 2023: $70.9MQ4 2023: $75.8MQ1 2024: $79.5MQ2 2024: $89.4MQ3 2024: $72.5MQ4 2024: $70.5MQ1 2025: $95.1MQ2 2025: $100.7MQ3 2025: $105.3MQ4 2025: $109.9MQ1 2026: $96.3MQ2 2026: $111.6MQ3 2026: $109.0M
Q1 2021Q3 2026
13F filings of Ramsey Quantitative Systems by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2026Oct 22, 202665$109.0MSPYRCSVXYvs. Q2 2026SEC
Q2 2026Jul 10, 202660$111.6MSPYRCiShares Trvs. Q1 2026SEC
Q1 2026Apr 17, 202614$96.3MSPYRCIpath Series B S&P 500 Vixvs. Q4 2025SEC
Q4 2025Jan 13, 202613$109.9MSPYRCiShares Trvs. Q3 2025SEC
Q3 2025Oct 22, 20255$105.3MSPYRCState Street Health Care Select Sector SPDR ETFvs. Q2 2025SEC
Q2 2025Aug 15, 2025Amended9$100.7MSPYRCState Street Financial Select Sector SPDR ETFvs. Q1 2025SEC
Q1 2025May 14, 20252$95.1MSPYRCvs. Q4 2024SEC
Q4 2024Jan 28, 20252$70.5MSPYRCvs. Q3 2024SEC
Q3 2024Nov 5, 20242$72.5MSPYRCvs. Q2 2024SEC
Q2 2024Aug 12, 20242$89.4MSPYRCvs. Q1 2024SEC
Q1 2024May 14, 20242$79.5MSPYRCvs. Q4 2023SEC
Q4 2023Feb 13, 20242$75.8MSPYRCvs. Q3 2023SEC
Q3 2023Nov 13, 20232$70.9MSPYRCvs. Q2 2023SEC
Q2 2023Aug 10, 20231$56.9MSPYvs. Q1 2023SEC
Q1 2023May 12, 20231$54.6MSPYvs. Q4 2022SEC
Q4 2022Feb 14, 20231$67.0MSPYvs. Q3 2022SEC
Q3 2022Nov 9, 20221$69.4MSPYvs. Q2 2022SEC
Q2 2022Aug 9, 20225$70.9MSPYInvesco QQQ Trust Series IiShares Russell 2000 ETFvs. Q1 2022SEC
Q1 2022Apr 26, 20221$15.1MSPYvs. Q4 2021SEC
Q4 2021Feb 7, 20221$14.6MSPYvs. Q3 2021SEC
Q3 2021Oct 22, 202121$20.0MSPYTSLANFLXvs. Q2 2021SEC
Q2 2021Aug 2, 202121$18.2MSPYBRK.BAVGOvs. Q1 2021SEC
Q1 2021May 7, 20211$12.3MSPY–SEC