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Headinvest, LLC

SEC CIK
0001372130
Latest filing
Aug 14, 2026

The latest 13F from Headinvest, LLC covers Q2 2026 (filed Aug 14, 2026): 217 long positions worth $536.2M. The top 10 holdings make up 29.5% of the portfolio, and the largest is iShares Core S&P Small Cap ETF at 6.3%. 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
11
Est. +$5.18M
Added
88
Est. +$22.7M
Reduced
79
Est. −$9.35M
Sold out
19
Est. −$13.7M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P Small Cap ETF464287804
    6.3%$33.7M
  2. Vanguard Morningstar Large-Cap ETF922908637
    3.1%$16.9M
  3. Vanguard Morningstar Total Stock Market ETF922908769
    3.1%$16.6M
  4. Vanguard High Dividend Yield Index ETF921946406
    3.0%$16.2M
  5. MSFTMicrosoft Corp
    3.0%$15.8MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Ftse All-World Ex-US Index Fund922042775
    +$3.27MAdded
  2. AAPLApple Inc.
    +$3.06MAddedHistory
  3. HONHoneywell International Inc
    +$1.51MNewHistory
  4. HONAHoneywell Aerospace Inc.
    +$1.49MNewHistory
  5. MUMicron Technology Inc
    +$1.25MAddedHistory

Largest weight increases

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

  1. AAPLApple Inc.
    +0.62 pp1.4% → 2.0%History
  2. Vanguard Ftse All-World Ex-US Index Fund922042775
    +0.61 pp0.3% → 0.9%
  3. MUMicron Technology Inc
    +0.41 pp0.1% → 0.5%History
  4. PANWPalo Alto Networks Inc
    +0.34 pp0.4% → 0.7%History
  5. HONHoneywell International Inc
    +0.28 pp0.0% → 0.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. XOMExxonMobil Holdings Corp
    −$4.66MSold outHistory
  2. HONHoneywell International Inc
    −$3.03MSold outHistory
  3. HOLXHologic Inc
    −$1.17MSold outHistory
  4. FISVFiserv Inc
    −$831.9KReducedHistory
  5. WMTWalmart Inc.
    −$662.6KReducedHistory

Largest weight decreases

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

  1. XOMExxonMobil Holdings Corp
    −0.96 pp1.0% → 0.0%History
  2. INTUIntuit Inc.
    −0.65 pp1.3% → 0.6%History
  3. HONHoneywell International Inc
    −0.62 pp0.6% → 0.0%History
  4. ACNAccenture plc
    −0.55 pp1.1% → 0.6%History
  5. WMTWalmart Inc.
    −0.42 pp1.7% → 1.3%History

Metrics

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

Portfolio value
$536.2M
+$48.7M (+10.0%) vs. prior quarter
Positions
217
−8 vs. prior quarter
Top 10 concentration
29.5%
Top 10 as share of value
Turnover
4.5%
Q2 2026, one quarter
Average holding period
19.4 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 $563.7M (Q4 2021)

Q1 2021: $490.0MQ2 2021: $525.8MQ3 2021: $527.4MQ4 2021: $563.7MQ1 2022: $523.3MQ2 2022: $449.4MQ3 2022: $417.4MQ4 2022: $446.8MQ1 2023: $455.9MQ2 2023: $464.0MQ3 2023: $460.4MQ4 2023: $480.8MQ1 2024: $512.4MQ2 2024: $507.8MQ3 2024: $540.4MQ4 2024: $529.9MQ1 2025: $514.3MQ2 2025: $469.4MQ3 2025: $483.7MQ4 2025: $502.8MQ1 2026: $487.5MQ2 2026: $536.2M
Q1 2021Q2 2026
13F filings of Headinvest, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 2026217$536.2MiShares Core S&P Small Cap ETFVanguard Morningstar Large-Cap ETFVanguard Morningstar Total Stock Market ETFvs. Q1 2026SEC
Q1 2026May 15, 2026225$487.5MiShares Core S&P Small Cap ETFMSFTVanguard High Dividend Yield Index ETFvs. Q4 2025SEC
Q4 2025Feb 2, 2026215$502.8MiShares Core S&P Small Cap ETFMSFTVanguard Morningstar Total Stock Market ETFvs. Q3 2025SEC
Q3 2025Nov 14, 2025211$483.7MiShares Core S&P Small Cap ETFMSFTVanguard Morningstar Total Stock Market ETFvs. Q2 2025SEC
Q2 2025Aug 14, 2025206$469.4MiShares Core S&P Small Cap ETFMSFTVanguard High Dividend Yield Index ETFvs. Q1 2025SEC
Q1 2025May 15, 2025235$514.3MiShares Core S&P Small Cap ETFMSFTPGvs. Q4 2024SEC
Q4 2024Feb 18, 2025231$529.9MiShares Core S&P Small Cap ETFMSFTPGvs. Q3 2024SEC
Q3 2024Nov 15, 2024240$540.4MiShares Core S&P Small Cap ETFMSFTPGvs. Q2 2024SEC
Q2 2024Aug 14, 2024225$507.8MiShares Core S&P Small Cap ETFMSFTNVOvs. Q1 2024SEC
Q1 2024Aug 14, 2024235$512.4MiShares Core S&P Small Cap ETFMSFTPGvs. Q4 2023SEC
Q4 2023Feb 12, 2024230$480.8MiShares Core S&P Small Cap ETFMSFTPGvs. Q3 2023SEC
Q3 2023Dec 11, 2023750$460.4MiShares Core S&P Small Cap ETFMSFTPGvs. Q2 2023SEC
Q2 2023Aug 23, 2023225$464.0MiShares Core S&P Small Cap ETFMSFTPGvs. Q1 2023SEC
Q1 2023May 17, 2023224$455.9MiShares Core S&P Small Cap ETFMSFTPGvs. Q4 2022SEC
Q4 2022Feb 13, 2023219$446.8MiShares Core S&P Small Cap ETFPGMSFTvs. Q3 2022SEC
Q3 2022Dec 28, 2022211$417.4MiShares Core S&P Small Cap ETFPGMSFTvs. Q2 2022SEC
Q2 2022Aug 12, 2022216$449.4MiShares Core S&P Small Cap ETFPGMSFTvs. Q1 2022SEC
Q1 2022May 13, 2022229$523.3MiShares Core S&P Small Cap ETFPGMSFTvs. Q4 2021SEC
Q4 2021Feb 11, 2022233$563.7MiShares Core S&P Small Cap ETFVanguard Scottsdale FDSVanguard Short-Term Bond ETFvs. Q3 2021SEC
Q3 2021Nov 16, 2021225$527.4MiShares Core S&P Small Cap ETFVanguard Short-Term Bond ETFVanguard Scottsdale FDSvs. Q2 2021SEC
Q2 2021Aug 30, 2021223$525.8MiShares Core S&P Small Cap ETFVanguard Short-Term Bond ETFVanguard Scottsdale FDSvs. Q1 2021SEC
Q1 2021May 13, 2021216$490.0MiShares Core S&P Small Cap ETFVanguard Short-Term Bond ETFPG–SEC