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Livermore
Livermore
ZHEN

Financial Sense Advisors, Inc.

SEC CIK
0001358828
Latest filing
Aug 14, 2026

The latest 13F from Financial Sense Advisors, Inc. covers Q2 2026 (filed Aug 14, 2026): 137 long positions worth $508.4M. The top 10 holdings make up 46.5% of the portfolio, and the largest is Vanguard S&P 500 ETF at 7.9%. 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
24
Est. +$71.5M
Added
48
Est. +$62.9M
Reduced
54
Est. −$85.9M
Sold out
29
Est. −$41.2M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard S&P 500 ETF922908363
    7.9%$40.0M
  2. iShares Tr464288281
    6.4%$32.7M
  3. BA.PABoeing Co
    5.1%$26.2MHistory
  4. FCXFreeport-McMoran Inc
    4.6%$23.5MHistory
  5. Northern Oil & Gas, Inc.665531AJ8
    4.5%$22.9M

Share of portfolio

Top 5 holdings and the other 132 positions, by share of portfolio value

  1. Vanguard S&P 500 ETF7.9%
  2. iShares Tr6.4%
  3. BA.PA5.1%
  4. FCX4.6%
  5. Northern Oil & Gas, Inc.4.5%
  6. Other 132 positions71.4%

Biggest buys

New and added positions, by estimated amount bought

  1. CVXChevron Corp
    +$14.9MAddedHistory
  2. SPDR Series Trust78468R556
    +$13.8MNew
  3. iShares Tr464287390
    +$10.5MNew
  4. MPMP Materials Corp.
    +$9.90MNewHistory
  5. GOOGAlphabet Inc.
    +$9.26MNewHistory

Largest weight increases

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

  1. CVXChevron Corp
    +2.86 pp0.3% → 3.1%History
  2. SPDR Series Trust78468R556
    +2.72 pp0.0% → 2.7%
  3. iShares Tr464287390
    +2.06 pp0.0% → 2.1%
  4. MPMP Materials Corp.
    +1.95 pp0.0% → 1.9%History
  5. GOOGAlphabet Inc.
    +1.82 pp0.0% → 1.8%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. HPE.PCHewlett Packard Enterprise Co
    −$23.8MReducedHistory
  2. GEVGE Vernova Inc.
    −$15.3MReducedHistory
  3. Block, Inc.852234AJ2
    −$8.41MSold out
  4. GLWCorning Inc
    −$7.05MReducedHistory
  5. NEMNEWMONT Corp
    −$6.56MReducedHistory

Largest weight decreases

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

  1. HPE.PCHewlett Packard Enterprise Co
    −2.62 pp2.8% → 0.2%History
  2. GEVGE Vernova Inc.
    −2.26 pp2.4% → 0.2%History
  3. PSLVSprott Physical Silver Trust
    −1.77 pp2.4% → 0.7%History
  4. Block, Inc.852234AJ2
    −1.71 pp1.7% → 0.0%
  5. NEMNEWMONT Corp
    −1.57 pp1.7% → 0.1%History

Metrics

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

Portfolio value
$508.4M
+$15.7M (+3.2%) vs. prior quarter
Positions
137
−5 vs. prior quarter
Top 10 concentration
46.5%
Top 10 as share of value
Turnover
25.4%
Q2 2026, one quarter
Average holding period
9.1 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 $541.9M (Q3 2025)

Q1 2021: $289.6MQ2 2021: $314.8MQ3 2021: $298.2MQ4 2021: $289.5MQ1 2022: $267.1MQ2 2022: $270.1MQ3 2022: $236.0MQ4 2022: $240.9MQ1 2023: $219.2MQ2 2023: $218.8MQ3 2023: $233.5MQ4 2023: $265.5MQ1 2024: $281.3MQ2 2024: $315.7MQ3 2024: $362.4MQ4 2024: $297.7MQ1 2025: $349.8MQ2 2025: $412.9MQ3 2025: $541.9MQ4 2025: $535.8MQ1 2026: $492.7MQ2 2026: $508.4M
Q1 2021Q2 2026
13F filings of Financial Sense Advisors, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 2026137$508.4MVanguard S&P 500 ETFiShares TrBA.PAvs. Q1 2026SEC
Q1 2026May 14, 2026142$492.7MVanguard S&P 500 ETFBA.PAiShares Trvs. Q4 2025SEC
Q4 2025Feb 13, 2026147$535.8MVanguard S&P 500 ETFiShares TrTSLAvs. Q3 2025SEC
Q3 2025Nov 14, 2025152$541.9MVanguard S&P 500 ETFiShares TrIBITvs. Q2 2025SEC
Q2 2025Aug 5, 2025135$412.9MIBITVanguard S&P 500 ETFPAASvs. Q1 2025SEC
Q1 2025May 6, 2025112$349.8MVanguard S&P 500 ETFIBITPAASvs. Q4 2024SEC
Q4 2024Feb 3, 2025104$297.7MVanguard S&P 500 ETFIBITTSLAvs. Q3 2024SEC
Q3 2024Nov 1, 2024119$362.4MVanguard S&P 500 ETFiShares TrIBITvs. Q2 2024SEC
Q2 2024Jul 24, 2024111$315.7MVanguard S&P 500 ETFIBITGOOGvs. Q1 2024SEC
Q1 2024Apr 19, 2024108$281.3MVanguard S&P 500 ETFMSTRBarrick Gold Corpvs. Q4 2023SEC
Q4 2023Jan 12, 2024109$265.5MVanguard S&P 500 ETFMSTRWestern Digital Corpvs. Q3 2023SEC
Q3 2023Nov 7, 202396$233.5MVanguard S&P 500 ETFWestern Digital CorpDIAvs. Q2 2023SEC
Q2 2023Aug 3, 202391$218.8MVanguard S&P 500 ETFiShares TrWestern Digital Corpvs. Q1 2023SEC
Q1 2023Apr 25, 202389$219.2MVanguard S&P 500 ETFWestern Digital CorpiShares Trvs. Q4 2022SEC
Q4 2022Feb 7, 202395$240.9MVanguard S&P 500 ETFWisdomTree TrWestern Digital Corpvs. Q3 2022SEC
Q3 2022Oct 13, 202279$236.0MiShares TrVanguard S&P 500 ETFState Street Energy Select Sector SPDR ETFvs. Q2 2022SEC
Q2 2022Jul 18, 2022100$270.1MiShares TrVanguard S&P 500 ETFWestern Digital Corpvs. Q1 2022SEC
Q1 2022May 5, 202274$267.1MVanguard BD Index FDSInvesco QQQ Trust Series IVanguard Morningstar Total Stock Market ETFvs. Q4 2021SEC
Q4 2021Jan 31, 2022104$289.5MVanguard S&P 500 ETFiShares Core U.S. Aggregate Bond ETFiShares MSCI USA Momentum Factor ETFvs. Q3 2021SEC
Q3 2021Nov 3, 2021101$298.2MVanguard S&P 500 ETFiShares TriShares Core U.S. Aggregate Bond ETFvs. Q2 2021SEC
Q2 2021Jul 29, 2021112$314.8MVanguard S&P 500 ETFVanguard Ftse Emerging Markets ETFiShares Core U.S. Aggregate Bond ETFvs. Q1 2021SEC
Q1 2021Apr 28, 2021111$289.6MVanguard S&P 500 ETFiShares Core U.S. Aggregate Bond ETFVanguard Ftse Emerging Markets ETF–SEC