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Livermore
Livermore
ZHEN

Dividend Assets Capital, LLC

SEC CIK
0001365167
Latest filing
Aug 12, 2026

The latest 13F from Dividend Assets Capital, LLC covers Q2 2026 (filed Aug 12, 2026): 137 long positions worth $516.5M. The top 10 holdings make up 33.4% of the portfolio, and the largest is Microsoft Corp (MSFT) at 5.0%. 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
12
Est. +$3.19M
Added
31
Est. +$17.0M
Reduced
75
Est. −$31.2M
Sold out
13
Est. −$6.47M

Top 5 holdings

Share of this quarter's portfolio value

  1. MSFTMicrosoft Corp
    5.0%$25.7MHistory
  2. COSTCostco Wholesale Corp
    4.3%$22.1MHistory
  3. KLACKLA Corp
    3.6%$18.7MHistory
  4. JPMJPMorgan Chase & Co
    3.2%$16.8MHistory
  5. VVisa Inc.
    3.2%$16.4MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. MCKMcKesson Corp
    +$3.01MAddedHistory
  2. PHParker-Hannifin Corp
    +$2.01MAddedHistory
  3. NDAQNasdaq, Inc.
    +$1.43MAddedHistory
  4. ZTSZoetis Inc.
    +$1.23MAddedHistory
  5. VVisa Inc.
    +$1.07MAddedHistory

Largest weight increases

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

  1. UNHUnitedHealth Group Inc
    +1.07 pp1.8% → 2.9%History
  2. HEIHeico Corp
    +0.68 pp2.0% → 2.7%History
  3. GSGoldman Sachs Group Inc
    +0.48 pp1.8% → 2.3%History
  4. VVisa Inc.
    +0.48 pp2.7% → 3.2%History
  5. MCKMcKesson Corp
    +0.47 pp0.7% → 1.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. UNPUnion Pacific Corp
    −$2.86MReducedHistory
  2. FIXComfort Systems USA Inc
    −$2.63MReducedHistory
  3. TXNTexas Instruments Inc
    −$1.99MReducedHistory
  4. AIZAssurant, Inc.
    −$1.85MReducedHistory
  5. AMPAmeriprise Financial Inc
    −$1.84MReducedHistory

Largest weight decreases

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

  1. LHXL3HARRIS Technologies, Inc.
    −0.51 pp1.7% → 1.2%History
  2. COSTCostco Wholesale Corp
    −0.50 pp4.8% → 4.3%History
  3. UNPUnion Pacific Corp
    −0.47 pp0.9% → 0.4%History
  4. OKEONEOK Inc
    −0.36 pp2.3% → 2.0%History
  5. AMPAmeriprise Financial Inc
    −0.35 pp1.4% → 1.1%History

Metrics

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

Portfolio value
$516.5M
+$15.3M (+3.1%) vs. prior quarter
Positions
137
−1 vs. prior quarter
Top 10 concentration
33.4%
Top 10 as share of value
Turnover
4.0%
Q2 2026, one quarter
Average holding period
18.8 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 $570.3M (Q3 2025)

Q1 2021: $525.9MQ2 2021: $509.5MQ3 2021: $496.8MQ4 2021: $538.8MQ1 2022: $529.3MQ2 2022: $462.6MQ3 2022: $435.9MQ4 2022: $471.0MQ1 2023: $471.0MQ2 2023: $485.8MQ3 2023: $481.8MQ4 2023: $508.2MQ1 2024: $474.3MQ2 2024: $490.6MQ3 2024: $522.9MQ4 2024: $515.4MQ1 2025: $528.3MQ2 2025: $550.7MQ3 2025: $570.3MQ4 2025: $523.3MQ1 2026: $501.3MQ2 2026: $516.5M
Q1 2021Q2 2026
13F filings of Dividend Assets Capital, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 12, 2026137$516.5MMSFTCOSTKLACvs. Q1 2026SEC
Q1 2026Apr 28, 2026138$501.3MMSFTCOSTJPMvs. Q4 2025SEC
Q4 2025Feb 12, 2026138$523.3MMSFTCOSTJPMvs. Q3 2025SEC
Q3 2025Nov 12, 2025144$570.3MMSFTCOSTORCLvs. Q2 2025SEC
Q2 2025Aug 14, 2025139$550.7MMSFTCOSTVvs. Q1 2025SEC
Q1 2025Apr 15, 2025142$528.3MMSFTCOSTOKEvs. Q4 2024SEC
Q4 2024Feb 3, 2025136$515.4MMSFTCOSTOKEvs. Q3 2024SEC
Q3 2024Nov 14, 2024137$522.9MMSFTCOSTNVOvs. Q2 2024SEC
Q2 2024Aug 2, 2024133$490.6MMSFTNVOCOSTvs. Q1 2024SEC
Q1 2024May 15, 2024142$474.3MMSFTNVOCOSTvs. Q4 2023SEC
Q4 2023Feb 14, 2024477$508.2MMSFTSchwabCOSTvs. Q3 2023SEC
Q3 2023Oct 26, 2023492$481.8MMSFTSchwabNVOvs. Q2 2023SEC
Q2 2023Jul 31, 2023520$485.8MMSFTSchwabCOSTvs. Q1 2023SEC
Q1 2023May 16, 2023545$471.0MMSFTSchwabMMPvs. Q4 2022SEC
Q4 2022Feb 10, 2023545$471.0MMSFTSchwabMMPvs. Q3 2022SEC
Q3 2022Oct 18, 2022571$435.9MMSFTMMPEPDvs. Q2 2022SEC
Q2 2022Jul 15, 2022578$462.6MMSFTMMPEPDvs. Q1 2022SEC
Q1 2022Apr 12, 2022523$529.3MMSFTCOSTEPDvs. Q4 2021SEC
Q4 2021Feb 23, 2022509$538.8MMSFTCOSTMMPvs. Q3 2021SEC
Q3 2021Nov 1, 2021511$496.8MMSFTMMPCOSTvs. Q2 2021SEC
Q2 2021Jul 23, 2021540$509.5MMSFTMMPEPDvs. Q1 2021SEC
Q1 2021Apr 28, 2021538$525.9MMSFTSchwabMMP–SEC