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Livermore
Livermore
ZHEN

WestEnd Advisors, LLC

SEC CIK
0001351731
Latest filing
Jul 22, 2026

The latest 13F from WestEnd Advisors, LLC covers Q2 2026 (filed Jul 22, 2026): 408 long positions worth $4.49B. The top 10 holdings make up 64.0% of the portfolio, and the largest is State Street Technology Select Sector SPDR ETF at 14.3%. 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
55
Est. +$161.4M
Added
157
Est. +$411.3M
Reduced
67
Est. −$640.1M
Sold out
38
Est. −$322.7K

Top 5 holdings

Share of this quarter's portfolio value

  1. State Street Technology Select Sector SPDR ETF81369Y803
    14.3%$640.2M
  2. State Street Financial Select Sector SPDR ETF81369Y605
    10.4%$464.4M
  3. iShares Core MSCI Europe ETF46434V738
    8.1%$364.0M
  4. State Street Health Care Select Sector SPDR ETF81369Y209
    6.9%$309.4M
  5. Vanguard Ftse All-World Ex-US Index Fund922042775
    6.7%$301.1M

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Tr464287192
    +$120.0MNew
  2. State Street Materials Select Sector SPDR ETF81369Y100
    +$113.3MAdded
  3. iShares Core MSCI Europe ETF46434V738
    +$75.0MAdded
  4. iShares Tr464287432
    +$67.7MAdded
  5. State Street Financial Select Sector SPDR ETF81369Y605
    +$48.2MAdded

Largest weight increases

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

  1. State Street Technology Select Sector SPDR ETF81369Y803
    +3.93 pp10.3% → 14.3%
  2. iShares Tr464287192
    +2.68 pp0.0% → 2.7%
  3. State Street Materials Select Sector SPDR ETF81369Y100
    +2.53 pp<0.1% → 2.5%
  4. iShares Core MSCI Europe ETF46434V738
    +1.59 pp6.5% → 8.1%
  5. iShares Tr464287432
    +1.35 pp2.0% → 3.3%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. State Street Consumer Staples Select Sector SPDR ETF81369Y308
    −$232.8MReduced
  2. State Street Communication Services Select Sector SPDR ETF81369Y852
    −$68.1MReduced
  3. iShares Inc464286426
    −$65.8MReduced
  4. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    −$58.5MReduced
  5. WMTWalmart Inc.
    −$36.6MReducedHistory

Largest weight decreases

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

  1. State Street Consumer Staples Select Sector SPDR ETF81369Y308
    −5.55 pp5.6% → <0.1%
  2. State Street Communication Services Select Sector SPDR ETF81369Y852
    −2.34 pp7.6% → 5.3%
  3. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    −1.42 pp1.4% → <0.1%
  4. iShares Inc464286426
    −1.30 pp1.3% → <0.1%
  5. WMTWalmart Inc.
    −0.97 pp1.0% → <0.1%History

Metrics

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

Portfolio value
$4.49B
+$343.7M (+8.3%) vs. prior quarter
Positions
408
+17 vs. prior quarter
Top 10 concentration
64.0%
Top 10 as share of value
Turnover
13.3%
Q2 2026, one quarter
Average holding period
16.7 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 $4.49B (Q2 2026)

Q1 2021: $2.49BQ2 2021: $3.09BQ3 2021: $3.32BQ4 2021: $3.68BQ1 2022: $3.72BQ2 2022: $3.17BQ3 2022: $2.98BQ4 2022: $3.06BQ1 2023: $3.22BQ2 2023: $3.39BQ3 2023: $3.33BQ4 2023: $3.65BQ1 2024: $3.86BQ2 2024: $3.87BQ3 2024: $4.08BQ4 2024: $3.93BQ1 2025: $3.77BQ2 2025: $4.03BQ3 2025: $4.28BQ4 2025: $4.29BQ1 2026: $4.14BQ2 2026: $4.49B
Q1 2021Q2 2026
13F filings of WestEnd Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 22, 2026408$4.49BState Street Technology Select Sector SPDR ETFState Street Financial Select Sector SPDR ETFiShares Core MSCI Europe ETFvs. Q1 2026SEC
Q1 2026Apr 22, 2026391$4.14BState Street Technology Select Sector SPDR ETFState Street Financial Select Sector SPDR ETFState Street Communication Services Select Sector SPDR ETFvs. Q4 2025SEC
Q4 2025Jan 27, 2026389$4.29BState Street Technology Select Sector SPDR ETFState Street Financial Select Sector SPDR ETFState Street Communication Services Select Sector SPDR ETFvs. Q3 2025SEC
Q3 2025Oct 22, 2025390$4.28BState Street Technology Select Sector SPDR ETFState Street Communication Services Select Sector SPDR ETFState Street Financial Select Sector SPDR ETFvs. Q2 2025SEC
Q2 2025Jul 23, 2025367$4.03BState Street Technology Select Sector SPDR ETFState Street Health Care Select Sector SPDR ETFState Street Communication Services Select Sector SPDR ETFvs. Q1 2025SEC
Q1 2025Apr 25, 2025362$3.77BState Street Technology Select Sector SPDR ETFState Street Health Care Select Sector SPDR ETFState Street Financial Select Sector SPDR ETFvs. Q4 2024SEC
Q4 2024Jan 28, 2025341$3.93BState Street Technology Select Sector SPDR ETFState Street Financial Select Sector SPDR ETFState Street Health Care Select Sector SPDR ETFvs. Q3 2024SEC
Q3 2024Oct 25, 2024398$4.08BState Street Technology Select Sector SPDR ETFState Street Health Care Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index Fundvs. Q2 2024SEC
Q2 2024Jul 29, 2024365$3.87BState Street Technology Select Sector SPDR ETFState Street Health Care Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index Fundvs. Q1 2024SEC
Q1 2024May 7, 2024355$3.86BState Street Health Care Select Sector SPDR ETFState Street Technology Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index Fundvs. Q4 2023SEC
Q4 2023Jan 18, 2024301$3.65BState Street Health Care Select Sector SPDR ETFState Street Technology Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index Fundvs. Q3 2023SEC
Q3 2023Oct 19, 2023301$3.33BState Street Health Care Select Sector SPDR ETFState Street Technology Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index Fundvs. Q2 2023SEC
Q2 2023Jul 21, 202342$3.39BState Street Health Care Select Sector SPDR ETFState Street Technology Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index Fundvs. Q1 2023SEC
Q1 2023Apr 28, 2023312$3.22BState Street Technology Select Sector SPDR ETFState Street Health Care Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index Fundvs. Q4 2022SEC
Q4 2022Jan 31, 2023311$3.06BState Street Health Care Select Sector SPDR ETFState Street Technology Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index Fundvs. Q3 2022SEC
Q3 2022Oct 27, 2022321$2.98BState Street Health Care Select Sector SPDR ETFState Street Technology Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index Fundvs. Q2 2022SEC
Q2 2022Jul 28, 2022307$3.17BState Street Health Care Select Sector SPDR ETFState Street Technology Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index Fundvs. Q1 2022SEC
Q1 2022Apr 26, 2022331$3.72BState Street Technology Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index FundState Street Health Care Select Sector SPDR ETFvs. Q4 2021SEC
Q4 2021Jan 14, 2022387$3.68BState Street Technology Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index FundState Street Health Care Select Sector SPDR ETFvs. Q3 2021SEC
Q3 2021Oct 26, 2021383$3.32BState Street Technology Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index FundVanguard Intermediate-Term Corporate Bond ETFvs. Q2 2021SEC
Q2 2021Jul 15, 2021379$3.09BState Street Technology Select Sector SPDR ETFVanguard Ftse All-World Ex-US Index FundState Street Communication Services Select Sector SPDR ETFvs. Q1 2021SEC
Q1 2021Apr 27, 202154$2.49BVanguard Ftse All-World Ex-US Index FundState Street Technology Select Sector SPDR ETFState Street Industrial Select Sector SPDR ETF–SEC